CHEMTRADE CONFERENCE CALL AND WEBCAST TO DISCUSS MARSULEX ACQUISITION

TORONTO, May 5 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE.UN) today announced that it will acquire all the businesses of Marsulex other than Marsulex Environmental Technologies Corporation for an aggregate transaction value of $419.5 million.  A portion of the purchase price will be funded by the net proceeds of a $130 million underwritten equity offering.

Chemtrade will hold a conference call on Thursday, May 5, 2011 at 4:00 p.m. EST to review the acquisition. To access the conference call by telephone, dial (647) 427-7450 or 1-888- 231-8191. Please connect approximately 15 minutes prior to the beginning of the call to ensure participation. The conference call will be archived for replay until Thursday, May 12, 2011 at midnight. To access the archived conference call, dial 416-849-0833 or 1-800-642-1687 and enter the reservation number 65286651.

A live audio webcast of the conference call and slide presentation will be available at www.chemtradelogistics.com. Click on the link under Upcoming Events.

SOURCE Chemtrade Logistics Income Fund

For further information:

Mark Davis  Rohit Bhardwaj
President & CEO     Vice-President, Finance and CFO
Tel: (416) 496-4176     Tel: (416) 496-4177

 


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