Last Updated: 2026

Calumet Specialty Products Partners

Rank#4147

Market Cap2.93B

CountryUnited States

Summary

Calumet Specialty Products Partners, L.P. manufactures, formulates, and markets slate of specialty branded products to various consumer-facing and industrial markets in North America and internationally. Its Specialty Products and Solutions segment offers various solvents, waxes, customized lubricating oils, white oils, petrolatums, gels, esters, and other products. The company's Montana/Renewables segment focuses on processing renewable feedstocks into renewable hydrogen, renewable natural gas, renewable propane, renewable naphtha, renewable kerosene/aviation fuel, and renewable diesel. This segment also processes Canadian crude oil into conventional gasoline, diesel, jet fuel, and specialty grades of asphalt. Its Performance Brands segment blends, packages, and markets high performance products through Royal Purple, Bel-Ray, and TruFuel brands. Calumet GP, LLC serves as the general partner for Calumet Specialty Products Partners, L.P. The company was founded in 1916 and is headquartered in Indianapolis, Indiana.

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

Mission

At Calumet Specialty Products Partners, we are committed to producing and providing our customers with the highest quality specialty hydrocarbons and fuel products. We are dedicated to providing superior customer service and value, while maintaining our focus on safety and environmental stewardship.

Vision

Calumet Specialty Products Partners is continuously striving to be the leader in specialty hydrocarbon and fuel product production by providing exceptional products and services that exceed customer expectations.

References

https://en.wikipedia.org/wiki/Calumet_Specialty_Products_Partners

https://in.investing.com/equities/calumet-specialty

https://finance.yahoo.com/quote/CLMT/profile?p=CLMT

https://www.crunchbase.com/organization/calumet-specialty-products-partners-l-p

https://sec.report/CIK/0001340122

https://companiesmarketcap.com/

https://www.calumetspecialty.com

Leadership team

Mr. Stephen P. Mawer (Exec. Chairman of Calumet GP, LLC)

Mr. Bruce A. Fleming (Exec. VP of Montana Renewables & Corp. Devel. of Calumet GP, LLC)

Mr. Louis Todd Borgmann (CEO of Calumet GP, LLC)