Chemtrade Logistics Income Fund is a publicly traded, diversified business providing industrial chemicals and services to customers in North America and around the world. Its units are traded on the Toronto Stock Exchange under the symbol CHE.UN
Chemtrade operates in three business segments:
Sulphur Products & Performance Chemicals (SPPC)
The SPPC segment manufactures and markets several products including sulphuric acid, liquid sulphur dioxide, sulphur, sodium hydrosulphite, sodium bisulphite, and zinc oxide to an extensive customer base in varying industries in Canada and the United States, and is a leading processor of spent acid from the petroleum refining industry as well as the largest producer of ultra pure sulphuric acid used in the electronics industry, in North America.
The SPPC segment also includes processing services for (1) converting hydrogen sulphide into sulphur and sulphuric acid, (2) reprocessing scrubber effluent into ammonium sulphate fertilizer, and (3) prilling liquid sulphur. These services are provided to customers located nearby specific operating sites.
Water Solutions & Specialty Chemicals (WSSC)
The Water Solutions & Specialty Chemicals (WSSC) segment manufactures and markets (1) a variety of inorganic coagulants used in water treatment, including aluminum sulphate, aluminum chlorohydrate, polyaluminum chloride, ferric sulphate, calcium hydroxide, liquid ammonium sulphate, and aqua ammonia; and (2) a number of specialty chemicals, including sodium chlorate, sodium nitrite, potassium chloride, phosphorus pentasulphide, vaccine adjuvants, and sulphides. These products are marketed primarily to North American customers, with water treatment chemicals being sold to both municipal and industrial customers, and the specialty chemicals to industrial customers.
The Electrochemicals (EC) segment manufactures sodium chlorate and chlor-alkali products. Sodium chlorate is used primarily in the production of bleaching agents used in the production of kraft paper by pulp and paper mills. The EC segment is a leading supplier of sodium chlorate in Canada and in Brazil. Chlor-alkali products manufactured by the EC segment include hydrochloric acid, sodium hydroxide (caustic soda) and chlorine. Hydrochloric acid is marketed to the steel industry and the oil and gas industry. It is also used in the production of water treatment chemicals. Sodium hydroxide is marketed primarily to the pulp and paper industry. Chlorine is used largely in the water treatment industry as well as in the manufacturing of numerous products.
International – Chemtrade Aglobis
Chemtrade Aglobis, formerly Chemtrade’s international operating arm, is in the process of being sold to Mitsui & Co., Ltd. The sale is expected to close during the second quarter of 2017. The International segment is treated as discontinued operations in Chemtrade’s reporting, effective with the fourth quarter of 2016.
2017 Annual Meeting
The Annual Meeting of Unitholders will be held on Wednesday, May 10, 2017 at 10:00 a.m. at the Gallery, TSX Broadcast Centre, The Exchange Tower, 130 King Street West, Toronto.
Find out more about Chemtrade’s Commitment to Responsible Care