Chemtrade Logistics Income Fund Announces Completion of Further $12.5 Million Partial Redemption of Convertible Debentures

Not for distribution to U.S. news wire services or dissemination in the United States.

Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund“) announced today that it has completed a further early partial redemption of $12.5 million of its 5.25% convertible unsecured subordinated debentures due June 30, 2021 (the “2021 Debentures“). The Fund previously redeemed $100.0 million of its outstanding 2021 Debentures on September 29, 2020. Following completion of today’s redemption, $14.0 million aggregate principal amount of the 2021 Debentures remain outstanding.

About Chemtrade

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, sodium hydrosulphite, and phosphorus pentasulphide. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, liquid

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Chemtrade Logistics Income Fund Announces Completion of $100 Million Partial Redemption of Convertible Debentures

Not for distribution to U.S. news wire services or dissemination in the United States.

Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund“) announced today that it has completed the early partial redemption of $100.0 million of its 5.25% convertible unsecured subordinated debentures due June 30, 2021 (the “2021 Debentures“) on September 29, 2020. As previously announced, the Fund will redeem a further $12.5 million principal amount of its 2021 Debentures on October 5, 2020 (the “October Redemption“). Following completion of this redemption and the October Redemption on October 5, 2020, $14.0 million aggregate principal amount of the 2021 Debentures will remain outstanding.

About Chemtrade

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

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Analysis on the Impact of COVID-19 on In-plant Logistics Market for Automobile OEM Industry | Changing Lifestyles and Thriving E-commerce Industry to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–The global in-plant logistics market for automobile OEM industry is expected to grow by USD 318.46 million as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of about 3%.

For the Right Perspective & Competitive Insights- Request Free Sample Report on Pandemic Recovery Analysis

Read the 120-page report with TOC on “In-Plant Logistics Market for Automobile OEM Industry Analysis Report by Service (In-plant warehousing, Line-side feeding, Packing, and Others), Geography (APAC, Europe, North America, South America, and MEA), and the Segment Forecasts, 2020-2024”. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales,

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Today’s Logistics Report: Planning Vaccine Delivery; Germany’s Export Cloud; Assembling Ford Trucks

Plans for distributing a Covid-19 vaccine remain a work in progress as the shots move closer to approval. State officials and medical-supply experts say critical issues weren’t resolved in the federal government’s release of two vaccine-distribution plans this week. The WSJ’s Peter Loftus and Jared S. Hopkins report the slow ramp-up for a distribution strategy could hamper efforts to get doses quickly to health-care workers and others at high risk of infection. Some states might not initially get all of the supplies they were expecting, or have the freezer capacity needed to safely store their drug allocation.

Transportation and logistics companies have been preparing for the potential sudden rush to distribute doses through temperature-controlled networks with little margin for error. The federal program through Operation Warp Speed sketches out distribution of any vaccine that regulators authorize for use, including starting shipments within 24 hours of the green light. But medical

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Rapid Change, Quick Change, Convertible Configurations in Vehicles, Aircraft and Logistics

When the margins get tough, efficiencies are crucial. Whether in airlines, fighting a war or maximizing company and logistical assets.

Problem is efficiency are common and occasional quite frustrating to the Airline Industry, it is a matter of survival, literally. Let us take the “Quick Change Concept” for Commercial Aviation. Recently in Dayton OH the seminar about quick-change problems revealed the inability to adapt such concept to make the most of resources. We believe in efficiencies obviously.

Air Mail has been going on for as long as Commercial Aviation has existed when in Wichita Kansas “Commercial Aviation” was born. Aircraft make good tools for moving freight fast. The first multiple purpose aircraft, which could move people and freight and go from one to the other was the DC-10. Calling it a Convertible concept

[http://www.aerosite.net/dc10.htm]

Where seats could be removed and then it was able to be used for cargo. The … Read More

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