Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures CGIFF

Primary Symbol: T.CHE.DB.E Alternate Symbol(s): T.CHE.UN | T.CHE.DB.G | T.CHE.DB.H

Chemicals Basic Materials

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.

TSX:CHE.DB.E - Post by User

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > Michael Sprung - BNN - TOP PICK

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Post by Possibleidiot01on Nov 27, 2024 3:03pm

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Post# 36334194

Michael Sprung - BNN - TOP PICK

TOP PICK

Very interesting company. Makes sulfuric acid, processes spent acids, produces inorganic coagulants for water treatment. A basic industry company, but one of the largest in NA in terms of asset production.

A lot of people are focusing on semiconductors, but when you make those chips the purity of the sulfuric acid is extremely high, and this company is an integral supplier. This gives it a good competitive advantage especially to European peers, as energy prices in Europe are quite high. Should have a good run going forward. Yield is 5.8%.

(Analysts’ price target is $14.29)

chemicals

$11.460

Owned

Chemtrade Logistics Income Fund (CHE.UN TSX)

Chemtrade Logistics is one of North America’s largest suppliers of sulfuric acid, spent acid processing, inorganic coagulants for water treatment and other industrial chemicals. The company has over 60 facilities that service oil and gas, pulp and paper construction and semiconductor manufacturing. In North America, Chemtrade has a competitive advantage in manufacturing highly pure acid for the semiconductor industry due to lower energy costs. At current levels, the units are trading around 10.6 times with a yield of 5.7 per cent

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