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 (NASDAQ: CLMT) announced that board member Jennifer Straumins will not seek re-election and will retire at the end of her current term, which expires at the Company's 2026 Annual Meeting of Stockholders.
Straumins joined the board in July 2024, previously served on the General Partner board from February 2021 to July 2024, worked for the partnership for 13 years, and served on the Board's Strategy and Growth and Risk Committees. The Board will continue evaluating board composition and skills.
Calumet (NASDAQ: CLMT) will attend the H.C. Wainwright Renewable Fuels Virtual Day on March 25, 2026 and will hold virtual one-on-one investor meetings throughout the day.
Calumet manufactures and markets specialty branded products and renewable fuels, operates twelve North American facilities, and is headquartered in Indianapolis.
Calumet (NASDAQ: CLMT) completed a private placement of $150 million aggregate principal amount of 9.75% Senior Notes due 2031 on March 17, 2026. The Additional Notes were issued at 105% of par, producing net proceeds of approximately $154.9 million.
The company intends to use the net proceeds to repay outstanding borrowings under its revolving credit facility immediately. The Additional Notes form a single series with the $405 million of 9.75% Senior Notes issued January 12, 2026. Management said the transaction increases liquidity and may be used to reduce 2028 notes when the call premium steps down in July.
Calumet (NASDAQ: CLMT) priced a $150 million private placement of 9.75% Senior Notes due February 15, 2031, to be issued at 105% of par. The Offering is expected to close on March 17, 2026, subject to customary conditions.
Net proceeds will be used to repay outstanding borrowings under Calumet's revolving credit facility. The Additional Notes will join an existing $405 million series issued January 12, 2026 and will form a single series with identical terms (except initial price).
Calumet (NASDAQ: CLMT) announced a private placement of $150 million aggregate principal amount of 9.75% Senior Notes due 2031, offered under Rule 144A and Regulation S on March 12, 2026.
The Additional Notes will join an existing $405 million series and form a single series with identical terms (other than initial offering price). Calumet intends to use net proceeds to repay outstanding borrowings under its revolving credit facility.
TRUFUEL (CLMT) reported its highest monthly sales volume in company history on March 4, 2026, exceeding the prior monthly record by over 10%. This milestone follows a record sales year in 2025 and highlights growing consumer and professional demand for ready-to-use engineered fuel solutions.
The company cited increased use across winter equipment, portable power generation, and professional applications as drivers of continued rapid growth for the TruFuel brand.
Calumet (NASDAQ: CLMT) reported fiscal 2025 results with a $33.8 million net loss and basic loss per share $0.39. Adjusted EBITDA with tax attributes reached $293.3 million. The company reduced recourse debt by $222 million, realized ~$100 million of cost savings, and closed a $405 million 2031 notes offering; its amended ABL now provides $500 million in commitments. Montana Renewables' MaxSAF 150 expansion remains on track for Q2 2026.
Calumet (NASDAQ: CLMT) subsidiary Montana Renewables and World Energy agreed to deliver more than 70 million gallons of SAF over three years, targeting up to 600,000 MT CO2e emissions reductions and supporting U.S. agriculture and energy independence.
MRL's MaxSAF™ 150 expansion is progressing and World Energy's long-term contract aims to validate MRL's capital investments and accelerate SAF supply.
Calumet (NASDAQ: CLMT) will report Fourth Quarter and Fiscal Year 2025 results on February 27, 2026 with a conference call at 9:00 AM ET. A live webcast with presentation slides and a replay will be available on the company investor events page.
Dial-in access is available with preregistration; international and toll-free numbers are provided for live participation.
Calumet (NASDAQ: CLMT) amended its senior secured asset-based revolving credit facility, extending the maturity from January 2027 to January 2031. The amended facility provides for $500 million of total commitments, subject to borrowing base limitations, and is led by Bank of America as agent.
The change expands the bank group and optimizes potential borrowing base capacity following the divestiture of the industrial portion of the Royal Purple business, aiming to extend the company’s overall debt maturity profile.