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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

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... see more

TSX:CHE.DB.E - Post Discussion

Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > Productivity and Reliability, May Business Update
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Post by Kherson on May 29, 2021 8:36pm

Productivity and Reliability, May Business Update

Finally had a chance to read over the latest Business Update. When I got to page 23 of the update, I almost fell out of my chair when they make mention to implementing Six Sigma to save $10 million, year over year. Sorry folks, but Chemtrade's take on using Black and Green Belts to lead projects is only a half measure that will lead to failure. Six Sigma initiatives work best when the whole organization is involved. 
Kherson
Comment by my2pennies on May 31, 2021 1:27am
You must fall out of ALOT of chairs if this surprises you. Those of us that have had extremely good success implementing Six Sigma, Lean, or Kaizan know you ALWAYS start small. FULL organization involvement can take years, as it's a cultural shift, and anyone with an ounce of Six Sigma experience fully knows this. It won't lead to failure, but a step in the right direction to better ...more  
Comment by Kherson on May 31, 2021 8:24am
I fully agree that Six Sigma is a full organization cultural shift and yes I am fully aware of the benefits and disappointments of implimenting or trying to impliment Six Sigma. Let's have this same conversation after the 2021 Year End financials are released and what results Chemtrade can attribute towards it! As for the rest of the business update, no mention of any of the recent equity ...more  
Comment by leo101 on May 31, 2021 12:32pm
sounds to me like the h.r. manager took a flavor of the month management course and sold it to  the board.
Comment by Stonepoint on Jun 17, 2021 5:39am
This post has been removed in accordance with Community Policy
Comment by Joe455 on Jun 17, 2021 11:49am
Do they work their way up to seven sigma etc?
Comment by GregC24 on May 31, 2021 2:21pm
Why would they need to allocate funds when Hydra is paying the start up costs as announced in February?  Trying to fabricate doubt again are we? "This project aligns with Chemtrade’s financial and environmental goals: Hydra will pay for and install the required hydrogen capture infrastructure at our site; and, Chemtrade’s byproduct hydrogen will be used to reduce GHG emissions" ...more  
Comment by Kherson on Jun 01, 2021 7:25am
Looks like you caught me in a lie GregC24, but Chemtrade's March 10th News Release would have the Market believing otherwise! Therefore the question needs to be asked and clarified as even a Unitholder with Greg's vast knowledge is confused; are there concrete plans in place for hydrogen capture at the Brandon plant, or was the quote in the March 10 NR, "the monetization of by-product ...more  
Comment by GregC24 on Jun 01, 2021 9:14am
If you follwed along the Q1 earnings call answered all your questions.    "Finally, we are also exploring a number of growth opportunities in the hydrogen market. Sodium chlorate and to a lesser extent chlor-alkali produce hydrogen as a coproduct. Our manufacturing sites use hydroelectric power, so we're actually generating green hydrogen. In Q1, we announced a deal for one of ...more  
Comment by my2pennies on Jun 01, 2021 9:54am
Haha, Greg and Kherson go out to play.......Greg go easier on Kherson next. This thread is just becoming too embarrassing for Kherson. On a more serious note. Don't hold your breath for any major hydrogen project announcements anytime soon. They are likely in talks with an EPC and in a feasibility class of facilities assessment stage , which takes time, especially when you're being extra ...more  
Comment by Fantome on Jun 13, 2021 6:31pm
This post has been removed in accordance with Community Policy
Comment by my2pennies on Jun 14, 2021 12:42pm
1. Define fail. If exceeding and budget/schedule is your definition of fail, then 90%+ of all projects fail. So a 60% fail rate is actually a drastic improvement. 2. How much do they trail the S&P by, and did they trail less or more after applying Six Sigma? Without providing context to your two points, they actually mean absolutely nothing to anyone with experience in running projects ...more