DAVID MASOTTI APPOINTED PRESIDENT & CHIEF OPERATING OFFICER OF CHEMTRADE LOGISTICS

TORONTO, January 18, 2006 - Mark Davis, Chief Executive Officer of Chemtrade Logistics Income Fund (TSX: CHE.UN) announced today that David Masotti has been appointed President & Chief Operating Officer of Chemtrade, effective January 23, 2006. 

Mr. Masotti was most recently President of Rogers Telecom Inc., prior to which he held senior management positions, including those of president and CEO in a variety of industrial and logistics companies.  Mr. Masotti holds a professional engineering degree from Queen’s University and a master’s degree in business administration from Harvard University.

Mr. Davis said, “David brings a wealth of operations experience to Chemtrade, including business integrations and a successful track record of achieving growth and performance improvement through leadership, team-building, strategic focus and operational excellence.  These are qualities that are perfectly suited to Chemtrade’s increased scale, diversity and complexity of operations.”

Mr. Masotti replaces Claudio D’Ambrosio who is currently on medical leave. Mr. Davis said Mr. D’Ambrosio will not rejoin Chemtrade full time but will be available as a consultant when his health permits.

Chemtrade is one of the world’s largest suppliers of sulphuric acid, liquid sulphur dioxide (SO2) and sodium hydrosulphite (SHS), and a leading processor of spent acid, particularly in the U.S. Gulf Coast region.   Chemtrade is also a leading regional supplier of sulphur, sodium chlorate and phosphorous pentasulphide, and also produces zinc oxide at three North American locations.

For further information: