Calumet, Inc.

Calumet, Inc. is a leading independent producer and marketer of high-quality, specialty branded products and renewable fuels, serving a broad range of consumer-facing and industrial markets. Headquartered in Indianapolis, Indiana, the company operates 12 specialty product manufacturing and production facilities across North America. Calumet's mission is to provide solutions that sustain and enhance essential products, contributing to a safer, healthier, and more connected world.

The company's diverse product portfolio includes specialty hydrocarbon products such as lubricants, solvents, waxes, engineered fuels, base oils, white mineral oils, petrolatums, and asphalts, as well as traditional fuel products like gasoline, diesel, and jet fuel. These products are integral to various industrial, automotive, consumer, and agricultural applications. Calumet's operations are structured around three key divisions: Specialty Products and Solutions, Performance Brands, and Montana Renewables, with the latter focusing on the production of renewable diesel and sustainable aviation fuel.

In a significant strategic move, Calumet Specialty Products Partners, L.P. completed its conversion from a Master Limited Partnership (MLP) to a C-Corporation, becoming Calumet, Inc. on July 10, 2024. This conversion, which saw its common stock continue trading on Nasdaq under the ticker CLMT, is anticipated to broaden its shareholder base by attracting institutional investors and passive indices previously unable to invest in MLPs. Todd Borgmann serves as the Chief Executive Officer, leading the company in its focus on customized product solutions and technical services.