Business
Chemtrade Announces Strong Results for Q2 2025, Raises Guidance for 2025 to $475M - $500M; Implementing New NCIB & Redeeming Convertible Debentures
Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund ...
About this update from Chemtrade Logistics Income Fund
[{"type":"text","content":"Chemtrade Announces Strong Results for Q2 2025, Raises Guidance for 2025 to $475M - $500M; Implementing New NCIB & Redeeming Convertible Debentures\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwlistdisc { list-style-type: disc }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl1 { padding-left: 5px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor0 { background-color: #cceeff }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth11 { width: 11% }\n.bwwidth12 { width: 12% }\n.bwwidth13 { width: 13% }\n.bwwidth15 { width: 15% }\n.bwwidth18 { width: 18% }\n.bwwidth27 { width: 27% }\n.bwwidth28 { width: 28% }\n.bwwidth33 { width: 33% }\n.bwwidth35 { width: 35% }\n.bwwidth46 { width: 46% }\n.bwwidth61 { width: 61% }\n \n\n\n\n Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund”) today announced results for the three-month period ended June 30, 2025. The financial statements and MD&A will be available on Chemtrade’s website at\n \n www.chemtradelogistics.com\n \n and on SEDAR+ at\n \n www.sedarplus.com\n \n .\n \n\n\n Acquisition of Polytec, Inc. a Provider of Turnkey Water Treatment Solutions\n \n\n\n Chemtrade also announced today that it has entered into an agreement to acquire Polytec, Inc. (\"Polytec\") for US$150 million representing a multiple of approximately 6.5x LTM Adjusted EBITDA. Polytec is a provider of turnkey water treatment solutions with well-established operations in four U.S. states. The transaction is expected to close in the fourth quarter of 2025 subject to regulatory requirements and customary closing conditions. Further details on this transaction can be found in a separate news release.\n \n\n\n Second Quarter 2025 Highlights\n \n\n\n\n Revenue of $496.7 million, an increase of $48.6 milli...