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INDIANAPOLIS , April 1, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") has successfully closed its previously announced sale of assets related to the industrial portion of its Royal Purple® business, for $110 million in cash to a wholly owned subsidiary of Lubrication Engineers, Inc., a portfolio company of Aurora Capital Partners. The assets ...
INDIANAPOLIS , March 17, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we") today announced that Julio Quintana and Karen Narwold have been selected as nominees for election to the Board of Directors of Calumet (the "Board") at the Company's 2025 Annual Meeting of Stockholders (the "Annual Meeting"). After successfully guiding the Company through the transition ...
Calumet delivered in-line Q4 2024 results, with management's asset sales and cash generation efforts creating a favorable buying opportunity. Specialty EBITDA is projected to improve to the low $200 million range in 2025, driven by stronger Gulf Coast 2-1-1 spreads and operational efficiencies. The partial sale of Performance Brands for $110 million will be offset by operational efficiencies, m...
INDIANAPOLIS , March 4, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today plans to attend the Wolfe Research Refining Conference Thursday, March 6, 2025, in New York. Calumet will be holding one-on-one investor meetings throughout the day at the conference.
WICHITA, Kas., Feb. 28, 2025 /PRNewswire/ -- Lubrication Engineers, Inc. ("LE"), a leading developer and manufacturer of high-performance industrial lubricants and asset reliability solutions, today announced that it has entered into a definitive agreement to acquire the industrial brands and products of Royal Purple ("RPI"), a leading provider of specialty synthetic performance lubricants and ...
Fourth quarter 2024 net loss of $40.7 million, or basic loss per common share of $0.47 per share Fourth quarter 2024 Adjusted EBITDA of $56.6 million Announces sale of Royal Purple® industrial business for $110 million Montana Renewables received initial funds from U.S. Department of Energy ("DOE") loan in February 2025 Specialties business posts record sales volume and cost improvement in 2024...
INDIANAPOLIS , Feb. 28, 2025 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company," "Calumet," "we," "our" or "us") announced it has entered into a definitive agreement with a wholly owned subsidiary of Lubrication Engineers, Inc., a portfolio company of Aurora Capital Partners, to sell assets related to the industrial portion of its Royal Purple® business, for $110 million. Calumet will...
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