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,

solvent A solvent (from the Latin language, Latin ''wikt:solvo#Latin, solvō'', "loosen, untie, solve") is a substance that dissolves a solute, resulting in a Solution (chemistry), solution. A solvent is usually a liquid but can also be a solid, a gas ...

wax Waxes are a diverse class of organic compounds that are lipophilic, malleable solids near ambient temperatures. They include higher alkanes and lipids, typically with melting points above about 40 °C (104 °F), melting to give lo ...

es, packaged and synthetic specialty products,

fuel A fuel is any material that can be made to react with other substances so that it releases energy as thermal energy or to be used for work (physics), work. The concept was originally applied solely to those materials capable of releasing chem ...

s 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 Shreveport ( ) is a city in the U.S. state of Louisiana. It is the List of municipalities in Louisiana, third-most populous city in Louisiana after New Orleans and Baton Rouge, Louisiana, Baton Rouge. The bulk of Shreveport is in Caddo Parish, Lo ...

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Burnham, Illinois Burnham is a village in Cook County, Illinois, United States. The population was 4,046 at the 2020 census. Burnham has a Chicago ZIP code (60633) and was named for Telford Burnham, who drew its plat. There are two sections of Burnham. The wes ...

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Dickinson, Texas Dickinson is a city in Galveston County, Texas, Galveston County, Texas, United States, within Greater Houston, Houston–The Woodlands–Sugar Land metropolitan area. Its population was 20,847 at the 2020 United States census, 2020 census. Hist ...

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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 c ...

; Karns City, Pennsylvania; and

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, 2 ...

. Calumet's specialized

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 fain ...

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 raw material components for various industrial and consumer applications. Calumet also blends, packages, and markets specialty products through their Royal Purple, Bel-Ray, and TruFuel brands. Calumet's fuel products segment processes crude oil into a variety of fuel and fuel-related products, including gasoline, diesel, jet fuel, asphalt, and others, and occasionally resells purchased crude oil to third-party customers. Calumet's portfolio includes:

Base Oils 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 visc ...

, which are refined from crude oil and used in a wide variety of end-use products, such as adhesives, paints and coatings, and lubricants. Calumet makes numerous naphthenic and paraffinic oil products. Solvents from Calumet are used for a large number of applications, such as adhesives, water treatment facilities, paints and coatings, aluminum rolling and printing ink. Polyol Esters are used for high-performance lubrication applications, including in the aviation and automotive industries. Calumet specializes in synthetic polyol esters. Gelled Hydrocarbons are essentially highly refined hydrocarbon products that are thickened into a gel using special

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 adaptabi ...

s. The thickness varies according to which and how much polymer is introduced. Gelled hydrocarbons are used extensively in the cosmetics industry as thickeners for, among other products, lotions, shampoos and lip glosses. Petrolatums are semisolid compounds used in cosmetics such as skin conditioners and moisturizers. Its water repellent qualities make it ideal for sealing in moisture. White Mineral Oils are used as a base emollient, lubricant, release agent, binder, or excipient in numerous product applications. Waxes produced by Calumet include fully refined paraffin waxes, scale wax, slack wax, soft wax, unfinished and finished petrolatum, and microcrystalline waxes that are used for a wide variety of applications, including candles, boxboard saturation and coating, hot melt adhesives, and rubber and PVC processing. The company is one of the last remaining North American producers of these products. Renewable Diesel products will be available from Calumet's Montana Renewables business beginning in 2022. These products, including diesel, gasoline and aviation fuel, are produced from renewable feedstocks such as oil seed crops and food waste byproducts. Finished Lubricants and Chemicals are sold through Calumet's retail brands, including Royal Purple, Bel-Ray, and TruFuel. Fuels including gasoline, diesel, and jet fuel. Asphalt is produced at three different Calumet facilities, and is used for everything from road construction and repair to the production of roofing shingles.

Brands

Headquartered in

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 ...

, Calumet, Inc. employs approximately 1,500 workers in North America. Calumet products are available in more than 90 countries, serving more than 3,000 corporate clients. Its products can be found under several brand names including, Bel-Ray, Orchex, Penreco, Royal Purple, TitanWax, and TruFuel. Bel-Ray offers lubricants for (among others) the aerospace, automotive, steel, mining and textile industries. It also produces lubricants for

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 ...

ATVs ATV may refer to: Broadcasting * Amateur television *Analog television Television broadcaster * Andorra Televisió * Anguilla Television * Ayna TV, Afghanistan * ATV (Armenia) * ATV (Aruba), NBC affiliate * ATV (Australian TV station), Melbo ...

, UTVs and other power sports vehicles. Orchex offers a line of U.S. EPA-registered agricultural spray oils for use on a wide variety of farming applications including tree crops, row crops, and vegetables to combat insects, diseases, and weeds. Penreco specializes in compounds made from gelled hydrocarbons, petrolatums and white mineral oils, which are used by the company's customers in myriad industrial and consumer applications. Its products include a special oil to suppress dust in grain processing facilities; lubricants for industrial bakery baking forms; and gels formulated for craft candle making. Royal Purple focuses exclusively on the development and manufacture of their own proprietary line of synthetic and mineral-based lubricants for consumer, industrial and commercial uses. TruFuel manufactures ready-to-use fuel specifically formulated for outdoor power equipment.

History

1919 Calumet Refining Company formed 1953 Princeton, Louisiana refinery constructed 1990 Corporate headquarters moved to Indianapolis 1995 Calumet purchased Kerr-McGee Corp. refinery in Cotton Valley, Louisiana 2006 Calumet listed on NASDAQ, becomes publicly traded company 2008 Calumet acquired Penreco 2012 Calumet acquired numerous companies, including Montana Refining Company; Royal Purple; and TruSouth Oil 2013 Among other acquisitions and developments, Calumet acquired Bel-Ray and broke ground on Dakota Prairie Refining, the first greenfield hydrocarbon processing facility built in the United States since 1976 2014 Listed in the Fortune 500 for the first time 2020 Expanded specialty wax business with acquisition of Paralogics 2022 Montana Renewables joins Calumet family 2024 Calumet converts from the MLP structure to a C-Corp

References

{{Reflist 1
Calumet Clinches Financing to Advance Renewable Diesel Plans in Montana
Natural Gas Intelligence, Matthew Veazey, January 7, 2022, 2

Future Market Insights, Monday, 30 May 2022 3
Calumet Donates Year’s Worth of Candle Wax to Wheeler Mission’s ‘Restored Creations
WTHR; July 23, 2021 4
Calumet Earns Bronze Medal for CSR EcoVadis Assessment
October 19, 2021 5
Calumet Specialty Products Partners, L.P. Completes Conversion to a C-Corporation
Publicly traded companies of the United States Companies based in Indianapolis