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Chemtrade Logistics Income Fund (T:CHE.UN)

Business Focus: N/A

Sector:  Basic Materials Industry:  Commodity Chemicals
 
Company Contact
Address: 155 Gordon Baker Rd Suite 300
NORTH YORK ON M2H 3N5
Tel: N/A
Website: https://www.chemtradelogistics.com
IR: See website
Key People
Scott William Rook
President, Chief Executive Officer, Director
Rohit Bhardwaj
Chief Financial Officer
Bramora Rebello
Vice President of Human Resources
Tim Montgomery
Group Vice President - Manufacturing and Engineering
Alan Robinson
Group Vice President - Commercial
Susan M. Pare
General Counsel, Corporate Secretary
Business Overview
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 sulphur, liquid sulphur dioxide, hydrogen sulphide, sodium bisulphite, and sulphides, and provides other processing services. This segment also manufactures and markets a variety of inorganic coagulants used in water treatment, including aluminum sulphate, and a number of specialty chemicals, including sodium nitrite. EC segment manufactures and markets sodium chlorate and chlor-alkali products including caustic soda, chlorine and HCl, largely for the pulp and paper, oil and gas and water treatment industries. These products are marketed primarily to North American and South American customers.
Financial Overview
For the fiscal year ended 31 December 2023, Chemtrade Logistics Income Fund revenues increased 2% to C$1.85B. Net income increased from C$109.1M to C$249.3M. Revenues reflect EC segment increase of 4% to C$769.6M, SWC segment increase of less than 1% to C$1.08B, United States segment increase of 3% to C$1.16B, South America segment increase of 4% to C$105.8M. Net income benefited from EC segment income increase of 44% to C$255.6M.
Employees: 1,410 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $1,837M as of Dec 31, 2023
Annual revenue (TTM): $1,847M as of Dec 31, 2023
EBITDA (TTM): $500.37M as of Dec 31, 2023
Net annual income (TTM): $249.32M as of Dec 31, 2023
Free cash flow (TTM): $177.04M as of Dec 31, 2023
Net Debt Last Fiscal Year: $842.43M as of Dec 31, 2023
Shares outstanding: 117,169,908 as of Feb 28, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization