Chemtrade Logistics Income Fund announced that the rezoning application for its chlor-alkali facility in North Vancouver passed Third Reading at the District of North Vancouver Council meeting. This step advances the process toward a bylaw amendment required to allow the continued production of liquid chlorine, which has safely taken place at the site since 1957. The final adoption of the bylaw amendment is expected in the coming weeks, pending further Council approval.

The adoption of the bylaw amendment would enable Chemtrade to proceed with planned safety upgrades intended to ensure continued production at the Facility. Scott Rook, President and CEO of Chemtrade, stated that the facility is a critical producer of liquid chlorine used in municipal water treatment in Canada. He noted that over 60 per cent of the facility’s production stays in Canada, supporting various industries including energy, pulp and paper, technology, water treatment, and mining.

Planned Capital Projects

Following the bylaw adoption, Chemtrade intends to secure development permits to complete several capital projects aimed at improving safety and reliability. These projects are intended to be implemented over the next four years, utilizing planned facility turnaround activities. The overall project completion date is expected in late 2030. Since 2010, over $500 million have been invested in the modernization of the Facility’s operations.

Key Project Milestones

Chemtrade is also engaging with the Vancouver Fraser Port Authority to finalize a land lease for a portion of the Facility situated on Port lands. In 2025, the parties entered into a non-binding letter of intent outlining terms of a new 20-year agreement. Final adoption of the bylaw amendment remains subject to further District Council consideration and approval.

Chemtrade Logistics Income Fund has declared a cash distribution of $0.06 per unit for the month of June 2026. The distribution will be paid on July 31, 2026, to unitholders of record at the close of business on June 30, 2026. This announcement provides income certainty for unitholders while outlining tax implications for non-residents.

Holders of units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions of income by the Fund. This tax obligation applies specifically to the income component of the distribution declared for June 2026.

Distribution Details

About Chemtrade Logistics Income Fund

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North and South America. The company is one of North America's largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, and sodium hydrosulphite. Additionally, Chemtrade is a leading producer of high purity sulphuric acid for the semiconductor industry in North America and a leading regional supplier of sulphur, chlor-alkali products, and zinc oxide. The company also provides value-added water solutions and industrial services, including processing by-products and waste streams.