TORONTO, July 13 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE.UN) announced that Chemtrade's supply of sulphuric acid and liquid sulphur dioxide to its customers will not be affected by the labour disruption at Vale Inco's nickel mining and processing facilities at Sudbury.

Mark Davis, President and CEO of Chemtrade, said, "Prior to Vale Inco's announcement in April of an extended shutdown we began building inventory to ensure that supply to our customers was protected. While Chemtrade's product supply of acid from Vale Inco ceased on May 9 and will not resume until the smelter is restarted, we will continue to supply our customers from inventory, our own sulphuric acid manufacturing facilities as well as sourcing from other suppliers. We will continue to review the situation but currently anticipate that we will be able to keep our customers supplied until Vale Inco resumes production."

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, liquid sulphur dioxide and sodium hydrosulphite, and a leading processor of spent acid. Chemtrade is also a leading regional supplier of sulphur, sodium chlorate, phosphorous pentasulphide, and zinc oxide.

This news release contains certain statements which may constitute "forward-looking" statements within the meaning of certain securities laws, including the "safe harbour" provisions of the Securities Act (Ontario). The use of any of the words "anticipate", "continue", estimate", "expect", "expected", "intend", "may", "will", "project", "plan", "should", "believe" and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this news release describe the expectations of Chemtrade as of the date of this news release. Our actual results could be materially different from our expectations if known or unknown risks affect our business, or if our estimates or assumptions turn out to be inaccurate. As a result, we cannot guarantee that any forward-looking statement will materialize. Forward-looking statements do not take into account the effect that transactions or non-recurring items announced or occurring after the statements are made may have on our business. We disclaim any intention or obligation to update any forward-looking statement even if new information becomes available, as a result of future events or for any other reason.

This news release contains forward-looking statements about the objectives, strategies, financial condition, results of operations and businesses of the Fund, including, but not limited to:

  -  The expected effect on our supply of the Vale Inco shutdown

Further information can be found in the disclosure documents filed by Chemtrade Logistics Income Fund with the securities regulatory authorities, available at www.sedar.com.

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