Calumet, Inc.
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Calumet, Inc.
Calumet, Inc. (NASDAQ: CLMT) is a publicly traded U.S.-based company that was incorporated in 1919. It specializes in the manufacture of lubricating oils, solvents, waxes, packaged and synthetic specialty products, fuels and fuel-related products. The company operates 12 production, blending, and packaging facilities across North America. This includes locations in Princeton, Cotton Valley, and Shreveport, Louisiana; Burnham, Illinois; Dickinson, Texas; Muncie, Indiana; Karns City, Pennsylvania; and Great Falls, Montana. Calumet's specialized hydrocarbon products are distributed around the world to approximately 2,700 global customers. Products Calumet, Inc. is a producer of specialty hydrocarbon products. The company processes crude oil and other feedstocks into a wide variety of customized lubricating oils, solvents, waxes, synthetic lubricants, and other products. Calumet's specialty products are sold to domestic and international customers who purchase them primarily as r ...
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Indianapolis, Indiana
Indianapolis ( ), colloquially known as Indy, is the List of capitals in the United States, capital and List of municipalities in Indiana, most populous city of the U.S. state of Indiana and the county seat of Marion County, Indiana, Marion County. Indianapolis is situated in the state's central till plain region along the west fork of the White River (Indiana), White River. The city's official slogan, "Crossroads of America", reflects its historic importance as a transportation hub and its relative proximity to other major North American markets. At the 2020 United States census, 2020 census, the Indianapolis (balance), balance population was 887,642. Indianapolis is the List of United States cities by population, 16th-most populous city in the U.S., the third-most populous city in the Midwestern United States, Midwest after Chicago and Columbus, Ohio, and the fourth-most populous state capital in the nation after Phoenix, Arizona, Phoenix, Austin, Texas, Austin, and Columbu ...
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Karns City, Pennsylvania
Karns City is a borough that is located in Butler County, Pennsylvania, United States. The population was 209 at the time of the 2010 census. History In December 1871, Hugh P. McClymonds and Samuel L. Riddle leased fifteen acres of land to two brothers from the Cooper family. Initially slated to be used as farmland, those plans changed when a reserve of oil was discovered on the land. The first oil well, known as "Shasta," was established shortly thereafter near the western line of McClymonds' two hundred and fourteen-acre farm.Brown, Robert C., ''History of Butler County'', Pennsylvania, p. 551. On May 29, 1872, S. D. Karns obtained a lease for McClymonds' entire farm with the hope of increasing the well's capacity and profitability. Oil, at that time, was priced at four dollars per barrel. By June, Karns' well was extracting one hundred and twenty barrels of oil from the ground daily. As more speculators became interested in McClymonds' property, however, discord arose between ...
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Utility Terrain Vehicle
In economics, utility is a measure of a certain person's satisfaction from a certain state of the world. Over time, the term has been used with at least two meanings. * In a normative context, utility refers to a goal or objective that we wish to maximize, i.e., an objective function. This kind of utility bears a closer resemblance to the original utilitarian concept, developed by moral philosophers such as Jeremy Bentham and John Stuart Mill. * In a descriptive context, the term refers to an ''apparent'' objective function; such a function is revealed by a person's behavior, and specifically by their preferences over lotteries, which can be any quantified choice. The relationship between these two kinds of utility functions has been a source of controversy among both economists and ethicists, with most maintaining that the two are distinct but generally related. Utility function Consider a set of alternatives among which a person has a preference ordering. A utility fu ...
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All-terrain Vehicle
An all-terrain vehicle (ATV), also known as a light utility vehicle (LUV), a quad bike or quad (if it has four wheels), as defined by the American National Standards Institute (ANSI), is a vehicle that travels on low-pressure tires, has a seat that is straddled by the operator, and has handlebars, similar to a motorcycle. As the name implies, it is designed to handle a wider variety of terrain than most other vehicles. It is street-legal in some countries, but not in most states, territories and provinces of Australia, the United States, and Canada. By the current ANSI definition, ATVs are intended for use by a single operator, but some ATVs, referred to as tandem ATVs, have been developed for use by the driver and one passenger. The rider sits on and operates these vehicles like a motorcycle, but the extra wheels give more stability at slower speeds. Although most are equipped with three or four wheels, six or eight wheel (tracked) models exist and have existed historicall ...
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Motorcycle
A motorcycle (motorbike, bike; uni (if one-wheeled); trike (if three-wheeled); quad (if four-wheeled)) is a lightweight private 1-to-2 passenger personal motor vehicle Steering, steered by a Motorcycle handlebar, handlebar from a saddle-style seat. Motorcycle designs vary greatly to suit a range of different purposes: Long-distance motorcycle riding, long-distance travel, Motorcycle commuting, commuting, cruising (driving), cruising, Motorcycle sport, sport (including Motorcycle racing, racing), and Off-roading, off-road riding. Motorcycling is riding a motorcycle and being involved in other related social activities such as joining a motorcycle club and attending motorcycle rally, motorcycle rallies. The 1885 Daimler Reitwagen made by Gottlieb Daimler and Wilhelm Maybach in Germany was the first internal combustion, petroleum-fueled motorcycle. In 1894, Hildebrand & Wolfmüller became the first series production motorcycle. Globally, motorcycles are comparable numerically t ...
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Indianapolis
Indianapolis ( ), colloquially known as Indy, is the List of capitals in the United States, capital and List of municipalities in Indiana, most populous city of the U.S. state of Indiana and the county seat of Marion County, Indiana, Marion County. Indianapolis is situated in the state's central till plain region along the west fork of the White River (Indiana), White River. The city's official slogan, "Crossroads of America", reflects its historic importance as a transportation hub and its relative proximity to other major North American markets. At the 2020 United States census, 2020 census, the Indianapolis (balance), balance population was 887,642. Indianapolis is the List of United States cities by population, 16th-most populous city in the U.S., the third-most populous city in the Midwestern United States, Midwest after Chicago and Columbus, Ohio, and the fourth-most populous state capital in the nation after Phoenix, Arizona, Phoenix, Austin, Texas, Austin, and Columbu ...
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Polymer Additive
Plastics are a wide range of synthetic or semisynthetic materials composed primarily of polymers. Their defining characteristic, plasticity, allows them to be molded, extruded, or pressed into a diverse range of solid forms. This adaptability, combined with a wide range of other properties such as low weight, durability, flexibility, chemical resistance, low toxicity, and low-cost production, has led to their widespread use around the world. While most plastics are produced from natural gas and petroleum, a growing minority are produced from renewable resources like polylactic acid. Between 1950 and 2017, 9.2 billion metric tons of plastic are estimated to have been made, with more than half of this amount being produced since 2004. In 2023 alone, preliminary figures indicate that over 400 million metric tons of plastic were produced worldwide. If global trends in plastic demand continue, it is projected that annual global plastic production will exceed 1.3 billion tons b ...
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Base Oil
Base oils are used to manufacture products including lubricating greases, motor oil and metal processing fluids. Different products require different compositions and properties in the oil. One of the most important factors is the liquid’s viscosity at various temperatures. Whether or not a crude oil is suitable to be made into a base oil is determined by the concentration of base oil molecules as well as how easily these can be extracted. Base oil is produced by means of refining crude oil. This means that crude oil is heated in order to separate various distillates from one another. During the heating process, light and heavy hydrocarbons are separated – the light ones can be refined to make petrol and other fuels, while the heavier ones are suitable for bitumen and base oils. There are large numbers of crude oils all around the world that are used to produce base oils. The most common one is a type of paraffinic crude oil, although there are also naphthenic crude oils tha ...
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Hydrocarbon
In organic chemistry, a hydrocarbon is an organic compound consisting entirely of hydrogen and carbon. Hydrocarbons are examples of group 14 hydrides. Hydrocarbons are generally colourless and Hydrophobe, hydrophobic; their odor is usually faint, and may be similar to that of gasoline or Naphtha, lighter fluid. They occur in a diverse range of molecular structures and phases: they can be gases (such as methane and propane), liquids (such as hexane and benzene), low melting solids (such as paraffin wax and naphthalene) or polymers (such as polyethylene and polystyrene). In the fossil fuel industries, ''hydrocarbon'' refers to naturally occurring petroleum, natural gas and coal, or their hydrocarbon derivatives and purified forms. Combustion of hydrocarbons is the main source of the world's energy. Petroleum is the dominant raw-material source for organic commodity chemicals such as solvents and polymers. Most anthropogenic (human-generated) emissions of greenhouse gases are eithe ...
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Great Falls, Montana
Great Falls is the List of cities and towns in Montana, third most populous city in the U.S. state of Montana and the county seat of Cascade County, Montana, Cascade County. The population was 60,442 according to the 2020 United States census, 2020 census. The city covers an area of and is the principal city of the Great Falls, Montana, Metropolitan Statistical Area, which encompasses all of Cascade County. The Great Falls MSA's population was 84,414 according to the 2020 census. A cultural, commercial and financial center in the central part of the state, Great Falls is located just east of the Rocky Mountains and is bisected by the Missouri River. It is from the eastern entrance to Glacier National Park (U.S.), Glacier National Park in northern Montana, and from Yellowstone National Park in southern Montana and northern Wyoming. A north–south federal highway, Interstate 15 in Montana, Interstate 15, serves the city. Great Falls is named for a Great Falls (Missouri River) ...
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Muncie, Indiana
Muncie ( ) is a city in Delaware County, Indiana, United States, and its county seat. It is located in East Central Indiana about northeast of Indianapolis. At the 2020 census, the city's population was 65,195, down from 70,085 in the 2010 census. It is the principal city of the Muncie metropolitan statistical area, which encompasses all of Delaware County. The city is also included in the Indianapolis–Carmel–Muncie combined statistical area. The Lenape people, led by Buckongahelas, arrived in the area in the 1790s. They founded several villages, including one known as Munsee Town, along the White River. The trading post, renamed Muncietown, was selected as the Delaware County seat and platted in 1827. Its name was officially shortened to Muncie in 1845 and incorporated as a city in 1865. Muncie developed as a manufacturing and industrial center, especially after the Indiana gas boom of the 1880s. It is home to Ball State University. Muncie was also the subject of ...
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Manufacturing
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed i ...
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