Chemtrade and Marsulex settle dispute

Toronto-Chemtrade Logistics Income Fund and Marsulex Inc. said Feb. 13 that they have reached an out-of-court settlement of their respective claims relating to disputes that arose following Chemtrade’s acquisition of Peak Sulfur Inc., and Peak Chemical LLC in August 2005. The two companies said that the issues have been resolved amicably and on a basis acceptable to both. They did not disclose settlement details but said it was mutually beneficial and included minor revisions to their existing commercial arrangements.