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0.0217206132879047 0.0638841567291312 0.0753833049403748 0.08603066439523 0.107751277683135 0.108177172061329 0.120102214650767 0.119676320272572
Stock impact report

Montana Renewables Receives $1.44 Billion Conditional Commitment from DOE for Renewable Fuels and Biomass Energy Facility

Calumet, Inc (CLMT) 
Last calumet, inc earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: calumetspecialty.investorroom.com
Company Research Source: PR Newswire
Montana Renewables to expand Sustainable Aviation Fuel capacity by 300 million gallons per yearINDIANAPOLIS, Oct. 16, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet," "we," "our" or "us") announced today that the U.S. Department of Energy ("DOE") Loan Programs Office ("LPO") has awarded a conditional commitment for a loan guarantee of up to $1.44 billion to fund the construction and expansion of a renewable fuels facility owned by Montana Renewables, LLC ("Montana Renewables" or "MRL").  Montana Renewables is an unrestricted subsidiary of Calumet.The expansion would position Montana Renewables as one of the largest Sustainable Aviation Fuel ("SAF") producers globally with production capacity of approximately 300 million gallons of SAF and 330 million gallons of combined SAF and renewable diesel ("RD"). "We would like to thank the DOE LPO team for its dedication and partnership during this process," said Bruce Fleming, CEO of Montana Renewables. "Furthermore, our commitmen Show less Read more
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