Sulfur dioxide producer buys its biggest customer. (Industry News: Canada).(Chemtrade Logistics Income Fund buys Clariant's North American sodium hydrosulfite assets and operations)(Brief Article)

Sulphur, January, 2003

Chemtrade Logistics Income Fund has bought the North American sodium hydrosulphite (SHS) operations and assets of Clariant International for US$62 million. It is a move that significantly expands Chemtrade's existing sulphur clean-up operations. The former Clariant business is the leading North American producer of SHS, which is used as a bleaching agent in the production of pulp and paper and textiles.

The business is also the largest North American purchaser of liquid sulphur dioxide, its biggest cost component, whilst Chemtrade is North America's ...