- Business
- Chemtrade Logistics Income Fund (TSX: CHE-UN) operates as a diversified provider of industrial chemicals and services to customers across North America and select global markets. The company functions through two primary segments, Sulphur and Water Chemicals (SWC) and Electrochemicals (EC); the SWC segment manufactures and markets sulphur-based products including industrial sulphuric acid, regen acid, ultra-pure sulphuric acid for electronics and semiconductors, inorganic coagulants for water treatment, and specialty chemicals such as phosphorus pentasulphide and sodium nitrite; the EC segment produces and supplies sodium chlorate for pulp and paper bleaching, chlor-alkali products comprising caustic soda, chlorine, and hydrochloric acid, as well as spent acid processing services and industrial services for by-products and waste streams. Its products serve diverse industries including chemicals, pulp and paper, semiconductors, metals, food and beverage, textiles, poultry, agriculture, water treatment, batteries, oil and gas, and mining.
Founded in 2001 and headquartered in Toronto, Ontario, Canada, Chemtrade maintains operations in over 60 locations throughout Canada, the United States, South America, and other international regions, with approximately 1,474 employees. The company is one of North America's largest suppliers of industrial sulphuric acid, spent acid processing, inorganic coagulants, sodium chlorate, sodium nitrite, sodium hydrosulphite, and high-purity sulphuric acid for semiconductors, while also ranking as a leading regional provider of sulphur, chlor-alkali products, and zinc oxide.
In recent developments, Chemtrade completed the acquisition of Polytec, Inc., a southeastern U.S.-based provider of turnkey water treatment solutions, for US$150 million on November 21, 2025, enhancing its water chemicals platform with service capabilities, cross-selling opportunities in municipal and food-processing markets, and support for its Vision 2030 growth targets. Earlier in 2025, the company announced record quarterly Adjusted EBITDA for Q3, raised full-year 2025 guidance to above $503 million, entered a new automatic securities purchase plan under its normal course issuer bid, and completed substantial issuer bids for certain convertible debentures. These strategic moves, financed through its credit facility and bolstered by a strengthened balance sheet, underscore Chemtrade's focus on organic growth, capital structure optimization, and investments in high-return projects such as ultra-pure acid production.