Toronto-Chemtrade Logistics Income Fund said Dec. 2 that it has entered into an agreement with Rhodia Inc. for spent acid regeneration services to cover the Beaumont plant startup period. The agreement provides further assurance to Chemtrade’s customers that Chemtrade will continue to deliver critical spent acid regeneration services while the repairs and startup of its Beaumont plant are being completed. The Beaumont plant has been offline and undergoing repairs since an explosion in August 2008. Under the agreement, Rhodia will make processing available to Chemtrade for all of the spent acid regeneration business that Chemtrade would normally process at its Beaumont facility. The arrangement commences at the end of December 2008 and will continue into mid-February 2009. “Chemtrade continues to believe that the Beaumont repairs will be completed by the end of the year and the plant restarted at that time,” said Mark Davis, Chemtrade president and CEO. “However, we are also cognizant of the critical nature of the services we supply to our regen customers. Despite the fact that our repairs are well advanced, we entered into this agreement as additional protection and to further assure our customers that their core operations will not be adversely affected.” Chemtrade is one of the world’s largest suppliers of sulfuric acid, liquid sulfur dioxide, and sodium hydrosulphite, and a leading processor of spent acid. Chemtrade is also a leading regional supplier of sulfur, sodium chlorate, phosphorous pentasulphide, and zinc oxide.
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