CALUMET SPECIALTY PRODUCTS PARTNERS, L.P. Overview
Company Headquarters: Indiana, US
Founded: 1916
Workforce: 1,600
Company Working: Calumet Specialty Products Partners, L.P. (Calumet) is a leading producer of high-quality and specialty hydrocarbon products. It is engaged in the processing of crude oil and other feedstocks into customized lubricating oils, solvents, and waxes. It produces nearly 3,500 unique specialty products for use in commercial, industrial, and consumer applications. It offers refrigeration oil under its special oils & waxes product portfolio. It operates 11 facilities across North America, wherein five are refineries, three are specialty products manufacturing facilities, and the rest are blending and packaging facilities. It offers its products and services in approximately 52 countries across the globe, serving approximately 4,400 customers.
Strategy
Calumet continuously evaluates its portfolio and is focusing on potential acquisition and divestment activities, which will maximize the company’s return on invested capital by creating and maintaining a portfolio of core assets. This will help the company to generate stable cash flow, optimize its assets, enhance operational efficiency, and capture increased feedstock advantages
