12:27:40 EDT Tue 07 Jul 2020
Enter Symbol
or Name

Login ID:
Chemtrade Logistics Income Fund
Symbol CHE
Shares Issued 92,596,006
Close 2020-02-14 C$ 8.49
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Chemtrade may be hurt by rail service disruptions

2020-02-18 00:06 ET - News Release

Mr. Mark Davis reports


Any significant reduction of rail service resulting from the various blockades across Canada could have a material impact on the operations of Chemtrade Logistics Income Fund. Given the fluid nature of the blockades and the complexity of the rail network, it is difficult to predict the extent of rail service disruption and its impact on Chemtrade's various sites and Chemtrade's third party suppliers.

Chemtrade and many of its customers and suppliers ship most of their products by rail. In the vast majority of cases, there is no viable alternative mode of shipment. Chemtrade is currently unable to determine the scope of the impact of these disruptions to normal rail service, but a significant reduction in rail availability is likely to have a material financial impact on Chemtrade.

About Chemtrade Logistics Income Fund

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 phosphorus pentasulphide. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, liquid sulphur dioxide, potassium chloride, sodium hydrosulphite and zinc oxide. Additionally, Chemtrade provides industrial services such as processing byproducts and waste streams.

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