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Bullboard - Stock Discussion Forum
Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures
T.CHE.DB.E
Alternate Symbol(s):
CGIFF
|
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.
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TSX:CHE.DB.E - Post Discussion
Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures
> Corporate Costs
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•••
winterishere
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Post by
winterishere
on May 18, 2021 10:29am
Corporate Costs
Why were the corporate costs higher last quarter? Did the jokers at the top give themselves raises and bonuses?
(4)
•••
my2pennies
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Comment by
my2pennies
on May 18, 2021 11:37am
Corporate costs during the first quarter of 2021 were $21.5 million, compared with $12.4 million in the first quarter of 2020. An increase in the value of Chemtrades units in the first quarter of 2021 resulted in Long Term Incentive Plan and Deferred Unit Plan costs being $11.1 million and $2.4 million, respectively, higher relative to the first quarter of 2020. Also, corporate costs in the first
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