Chemtrade sells excess vacant land at Leeds, South Carolina location

    TORONTO, Aug. 5 /CNW/ - Chemtrade Logistics Income Fund (TSX: CHE)
announced today that it has sold excess vacant land at its site in Leeds,
South Carolina for approximately US $2.9 million.
    Chemtrade President and Chief Executive Officer, Mark Davis, said, "Our
Leeds plant will now occupy approximately 400 acres, which is more than
sufficient for our current and future expected needs at that location. The
sale of the excess land is a further example of our continuous efforts to
ensure the most efficient use of our assets to maximize returns for our

    Chemtrade operates a diversified business providing industrial chemicals
and services to customers in North America and around the world. Chemtrade is
one of the world'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", "may",
"will", "project", "should", "believe" and similar expressions are intended to
identify forward-looking statements.

    -   This news release contains forward-looking statements about the
        objectives, strategies, financial condition, results of operations
        and businesses of the Fund. These statements are "forward-looking" as
        they are based on current expectations about our business and the
        markets we operate in, and on various estimates and assumptions.

    -   Forward-looking statements in this news release describe our
        expectations 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.

    -   Risks that could cause our actual results to differ materially from
        our current expectations are discussed in the RISKS AND UNCERTAINTIES
        section of our MD&A.

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

    %SEDAR: 00016317E

For further information:

For further information: Mark Davis, President and CEO, Tel: (416)
496-4176; Rohit Bhardwaj, Vice-President, Finance and CFO, Tel: (416)

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