Calumet’s renewable fuels arm looks set to benefit as airlines and other buyers chase cleaner fuel supplies that are hard to secure, and the company claims it can produce at very low cost. But the story hinges on shifting rules, heavy debt, and expensive upgrades that could quickly squeeze profits if conditions turn.Read more
Calumet’s push into renewable fuels looks promising, but shifting rules and incentives could squeeze profits and make funding harder to secure. At the same time, big spending to modernize older operations and changing energy demand could limit how much value shareholders actually see.Read more
Calumet is betting big on cleaner jet fuel and other renewable products, helped by government support that could boost demand and profits if projects ramp up as planned. The flip side is that changes in rules, swings in fuel markets, and a heavy debt load could quickly squeeze cash flow and slow progress.Read more
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Calumet, Inc. manufactures, formulates, and markets a slate of specialty branded products and renewable fuels in North America and internationally. It operates through Specialty Products and Solutions; Performance Brands; and Montana/Renewables segments. The Specialty Products and Solutions segment manufactures and markets various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The Montana/Renewables segment processes geographically advantaged renewable feedstocks into renewable diesel, aviation fuel, and renewable naphtha. This segment also engages in the process of Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. The Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. It serves wholesale distributors and retail chains. Calumet, Inc. was founded in 1919 and is headquartered in Indianapolis, Indiana.
