Calumet Specialty Products Partners, L.P. Acquires Paralogics, LLC, Expands Specialty Wax Business
Calumet, Inc (CLMT)
Last calumet, inc earnings: 3/5 07:00 am
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Source: PR Newswire
INDIANAPOLIS, March 2, 2020 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) (the "Partnership" or "Calumet"), a leading independent producer of specialty hydrocarbon and fuels products, today announced the Partnership completed the acquisition of Paralogics, LLC, a producer of candle and industrial wax blends. Paralogics expands Calumets presence in the specialty wax blending and packaging market, and upon integrating the new capabilities into Calumet's existing wax business value chain, will add 20 million pounds of annual blending and formulating capabilities."I'm pleased to announce the acquisition of Paralogics and its alignment with the Partnership's Specialty-focused growth strategy," said Scott Obermeier, EVP Commercial of Calumet. "Paralogics is a natural fit with our current wax business, and further enhances our capabilities and presence in specialty wax markets. This strategic bolt-on will enable Calumet to more efficiently access higher-margin
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- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
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Earnings
- 11/8/24 - Miss
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Sec Filings
- 12/20/24 - Form 4
- 12/5/24 - Form 4
- 12/5/24 - Form 4
- CLMT's page on the SEC website