Chemtrade sells excess vacant land at Leeds, South Carolina location

07-Aug-2008

Chemtrade Logistics Income Fund announced 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 unitholders."

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