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Calumet Specialty Products
Calumet's 2012 profit rockets to $205.7 million
February 13, 2013
Dan HumanAn acquisition spree helped oil refiner Calumet Specialty Products increase profit almost five-fold in 2012, the Indianapolis-based
company reported Wednesday morning.
MoreCalumet jumps into $300 million refinery joint venture
February 7, 2013
Dan HumanCalumet Specialty Products Partners LP plans to build a $300 million diesel refinery in North Dakota as part of a joint venture
with energy company MDU Resources Group Inc., the firms announced after markets closed Thursday.
MoreRefiner considers shipping oil via Great Lakes
January 27, 2013
Associated PressPetroleum refiner Calumet Specialty Product Partners is exploring whether to build a crude oil loading dock on Lake Superior,
near its refinery in Superior, Wis., to ship crude oil on the Great Lakes.
MoreCalumet Specialty buys Texas refinery for $115M
December 18, 2012
IBJ Staff and Associated PressIndianapolis-based Calumet Specialty Products Partners LP said Monday that it is buying NuStar's San Antonio, Texas, refinery
assets for about $115 million.
MoreRefinery purchases bring big gains to Calumet
November 10, 2012
Dan HumanBetter profitability in crude-oil refining has prodded Calumet Specialty Products Partners LP into a $1 billion flurry of
acquisitions over the past year.
MoreCalumet's sales, profit boom after acquisitions
October 31, 2012
IBJ StaffCalumet Specialty Products Partners LP’s profit more than doubled in the third quarter, helped by huge gains in the
fuel-products side of its business following several acquisitions.
MoreCalumet Specialty turns big profit in second quarter
August 1, 2012
The Indianapolis-based company said Wednesday morning that profit soared to $65.7 million compared with a loss of $7.7 million
in the second quarter of 2011.
MoreCalumet buying Royal Purple for about $335 million
June 6, 2012
Associated PressIndianapolis-based Petroleum refiner Calumet Specialty Products Partners LP is buying high-performance lubricants maker Royal
Purple Inc. of Porter, Texas, for about $335 million, the companies announced Wednesday morning.
MoreCalumet plans to add 48 jobs at Indianapolis headquarters
May 25, 2012
IBJ StaffThe oil refiner, which currently has 75 full-time Indiana employees, has begun hiring management, accounting, sales, human
resources and information technology workers.
MoreOil refiner Calumet unleashes $150M stock offering
May 12, 2012
Kathleen McLaughlinWith its shares trading up more than 60 percent from the doldrums of last fall, Calumet Specialty Products Partners rolled
out plans to sell another 6 million shares of stock, raising more than $150 million.
MoreCalumet Specialty’s revenue, profit soar in first quarter
May 2, 2012
The company's improved performance over the same period last year was mostly due to a 150-percent increase in sales volume
from its acquisition of a Wisconsin refinery in September.
MoreCalumet Specialty revenue, profit jump after acquisition
February 15, 2012
Indianapolis-based Calumet Specialty Products Partners LP said Wednesday morning that a major refinery acquisition helped
company revenue and profit soar in the fourth quarter as compared to the same period in 2010.
MoreCalumet Specialty Products buys synthetic lubricant business
January 14, 2012
IBJ StaffThe purchase included 22 acres of land and a factory in Louisiana, Mo.
MoreCalumet turns profit on higher product demand
May 4, 2011
The Indianapolis-based company reported first-quarter profit of $4.2 million after posting a loss in the year-ago period.
MoreCalumet Specialty hopes to raise $375M to pay off debt
April 12, 2011
Kathleen McLaughlinIndianapolis oil-refiner Calumet Specialty Products Partners LP intends to sell $375 million in senior notes to pay off existing
debt.
MoreFourth-quarter earnings improve at Calumet
February 16, 2011
Kathleen McLaughlinCalumet had profit of $9.5 million in the quarter ended Dec. 31, up from $8.2 million in the same quarter of 2009.
MoreCity commission set to approve refinery plans
November 3, 2010
The Metropolitan Development Commission is expected Wednesday afternoon to approve Heritage-Crystal Clean Inc.'s plan to build
its first used oil re-refinery, on West 10th Street. The project is estimated to cost $40 million and should create 55 jobs
by 2013.
MorePROXY CORNER: Calumet Specialty Products Partners LP
September 18, 2010
IBJ StaffIndianapolis-based Calumet Specialty Products Partners LP processes crude oil into customized lubricating oils, solvents and
waxes, as well as into gasoline, diesel and jet fuel.
MoreCalumet see smaller loss in second quarter
August 4, 2010
IBJ StaffThe Indianapolis-based owner of oil refineries lost $907,000 in the three months ended June 30. In the same quarter last year,
the company lost $26 million.
MoreCalumet Specialty plans to sell $450 million of debt
July 12, 2010
IBJ Staff and Bloomberg NewsThe Indianapolis-based refiner of specialty hydrocarbon products plans to sell $450 million of senior notes. Proceeds will
be used to repay bank debt.
MoreWhopping dividend puts obscure oil refiner in spotlight
June 12, 2010
Greg AndrewsThe financial underpinnings for the current quarterly dividend—45.5 cents per share—seem less than sturdy.
MoreReduced production drives Calumet to a loss
May 5, 2010
IBJ StaffHigh crude oil prices and lower production hurt the bottom line at Calumet Specialty Products Partners LP, which Wednesday
reported a $13.1 million first-quarter loss. It posted a $75.6 million profit in the first three months of 2009.
MoreCalumet wins $132M federal defense contract
April 27, 2010
The one-year agreement calls for the Indianapolis-based company to supply aviation fuel to the Defense Energy Support Center
in Virginia.
MoreCalumet's quarterly profit shrinks on higher oil prices
February 17, 2010
Indianapolis-based Calumet Specialty Products reported a profit of $8.2 million in the fourth quarter, a 56-percent decrease
from the same period a year ago.
MoreCalumet Specialty investigating cause of Louisiana explosion
February 8, 2010
Bloomberg NewsIndianapolis-based Calumet Specialty Products Partners LP is investigating the cause of a Friday blast at its refinery in
Shreveport, La., that damaged some nearby properties.
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So the Mayor adds another non value added layer to having a vehicle towed? Whereby the City Government RECIEVES AN ILLEGAL KICKBACK FROM A LGOISTICS COMPANY THAT SUBS THE WORK TO LOCAL TOW COMPANIES? What is the service the City performs for receiving the "tribute"? This is RICO!!!!! What a corrupt and unnecessary layer. What a dirtbag Mayor and his cronies.
Owner occupied housing. Clear enough?
So people think I am paranoid. It's from experience in dealing with puds requested by developers who make major donations themselves to representatives, have nice fund raisers for those running for office and hide through pac's. then there are the public relation firms. You will note some pr comments below. You there Clyde Lee? My opinion. Commercial along 421, great. Multifamily housing, terrible idea that will change the town. Senior condos or zero lot line homes west, great. I suggest keeping all entries to commercial areas at 421. All entries to owner occupied on sycamore. Will keep the traffic on sycamore down some. Two other things. You can't trust what will be there in 10 years. Steve builds quality stuff, but areas change over time. Look at the changes at the wall mart center at 86th and 421 over the last 10 years. Look at the apartments and neighborhoods behind St Vincent's. Raintree properties WILL decrease in value if commercial and multifamily goes in near. It has already been happening around the bridges area. The houses that have been sold recently are way below market. Several deals not closed due to the Illinois construction and the whole unsurety of the bridges. It's pretty simple, Zionsville will approve the whole thing because the city council has been groomed over a LONG period of time for this. I might even suggest some are in their position as a result of this.
Esta, do you have a dog in this fight? You seem to really want to knock anyone against this project. No, I didn't move to Indiana for the architecture. I moved here for that red barn in the field. The horses and fields of corn. A place that is NOT overdeveloped. There are plenty of nearby places in Indianapolis that could be REDEVELOPED instead.
RKW - OK, we get it, you're paranoid. The question is, are you paranoid enough? Greg - Yes, Pittman(s) is (are) at it again. They are developers, they build things. It's what they do. So when you go to work tomorrow, Greg, you're at it again too. Cliff - Really? You moved to Indiana for its progressive architecture? That's like moving to England for the cuisine. Zionsvillain - The house you moved to was once a field or woods. I'm willing to bet folks were upset when that ground was plowed under and a house was built. But I guess now that you are in, everything should stop? "My house was OK, but the next one is sprawl." SE Guy - Please don't paint us with such a wide brush. Most reasonable Zionsville residents welcome planned, measured development.