Calumet, Inc. reports developments across its specialty products, branded performance products and renewable fuels operations. The company manufactures, formulates and markets specialty branded products and renewable fuels for consumer-facing and industrial markets, with recurring updates tied to Specialty Products & Solutions, Montana Renewables and Performance Brands.
Company news commonly covers quarterly results, Adjusted EBITDA commentary, RINs and other environmental attributes, facility operations at Shreveport, Montana Renewables projects including MaxSAF®, and product activity such as TruFuel®. Other recurring items include senior-note and credit-facility actions, shareholder voting matters, board composition and investor-event participation.
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) has shared an update regarding its liquidity position and second-quarter performance amid the COVID-19 pandemic. The company expects cash flow from operating activities to exceed $60 million in Q2, with approximately $245 million in liquidity at quarter-end. This includes $105 million in cash and $140 million in undrawn credit. CEO Steve Mawer expressed optimism about future demand recovery, highlighting effective management despite economic challenges.