Mr. Scott Rook reports

CHEMTRADE LOGISTICS INCOME FUND ANNOUNCES CLOSING OF THE ACQUISITION OF POLYTEC, INC.

Chemtrade Logistics Income Fund has completed the previously announced acquisition of Polytec Inc., a southeastern United States-based provider of turnkey water treatment solutions, for $150-million (U.S.). Chemtrade financed the transaction by drawing on its credit facility.

The acquisition provides Chemtrade with a unique solutions platform that can be leveraged across its North American-wide footprint for cross-selling and growth opportunities into municipal and food-processing markets. Polytec's founder has committed to staying actively involved in the business in the months following completion of the transaction to ensure a smooth transition for employees and customers.

In addition to expanding Chemtrade's well-established water treatment chemicals platform with service capabilities, products and end markets the acquisition of Polytec also supports execution toward advancing Chemtrade's Vision 2030 growth targets.

"We are pleased to welcome Polytec's employees and customers to Chemtrade. This acquisition represents a significant growth opportunity by adding a unique treatment solutions platform to our water chemicals business," said Chemtrade's president and chief executive officer Scott Rook. "Polytec's founder, Jack Harmon, has built a company with a well-known reputation for high-quality service and products that will be an excellent complement to Chemtrade's industry-leading manufacturing capabilities. Moreover, Polytec diversifies Chemtrade's customer base while contributing to our Vision 2030 framework," concluded Mr. Rook.

Commenting on the closing of the acquisition, Chemtrade's chief financial officer, Rohit Bhardwaj, said: "The acquisition of Polytec is possible, in significant part, because of the steps we have taken to strengthen and mature our balance sheet. Chemtrade's robust cash flows, further enhanced by those of Polytec, ensure significant capacity to continue investments in high-return organic growth projects and to return capital to unitholders. Following the closing of the acquisition, Chemtrade's leverage remains within our target range and we have ample liquidity."

About Chemtrade Logistics Income Fund

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America's largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite and sodium hydrosulphite. Chemtrade is also a leading producer of high-purity sulphuric acid for the semiconductor industry in North America. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products and zinc oxide. Additionally, Chemtrade provides turnkey water treatment solutions as well as industrial services such as processing byproducts and waste streams.

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