Company Announcement - Calumet Inc plans to hold an analysts call on January 13 2025 at 9:00 am ET to discuss the closing of its $1 44 billion guaranteed loan with the US Department of Energy Loan Programs Office [1] Webcast and Call Details - Investors analysts and media can join the live webcast with presentation slides available at http://calumetspecialty investorroom com/events [2] - Participants can pre-register for the call at https://dpregister com/sreg/10195965/fe494588bc or dial toll-free at 1-844-695-5524 (US) or 1-412-317-0700 (International) [2] - A replay of the call will be available on the company's investor relations website under the events section [2] Company Overview - Calumet Inc manufactures formulates and markets specialty branded products and renewable fuels for consumer-facing and industrial markets [3] - The company is headquartered in Indianapolis Indiana and operates twelve facilities across North America [3]

Loan Facility and Expansion - Calumet Inc closed a $1.44 billion guaranteed loan facility with the US Department of Energy to fund the construction and expansion of Montana Renewables' renewable fuels facility [1] - The expansion will position Montana Renewables as one of the largest Sustainable Aviation Fuel (SAF) producers globally, increasing annual production capacity to approximately 300 million gallons of SAF and 330 million gallons of combined SAF and renewable diesel [2] - The expansion includes a second renewable fuels reactor, debottlenecking of existing units, installation of SAF blending and logistics assets, increased renewable hydrogen production, cogeneration for renewable electricity and steam, and on-site water treatment and recycling capabilities [2] Regional and Economic Impact - The expansion will double Montana Renewables' purchases of seed oils and tallow from 1.5 billion pounds per year to 3 billion pounds per year post-expansion [3] - The project is expected to create 450 construction jobs and up to 40 operations jobs [8] - By 2028, the economic footprint of the Great Falls site is expected to support a population of 4,400 Montanans, primarily working-aged families and their children [5] - The expansion is expected to catalyze additional regional development, particularly for renewable feedstocks sourced from farms and ranches, and create a large-scale, end-to-end SAF industry in Montana and the Pacific Northwest [7] Loan Structure and Funding - The loan guarantee is structured to release a first tranche of approximately $782 million to fund eligible expenses previously incurred by Montana Renewables [4] - Calumet expects to make an additional $150 million equity investment with funds it currently holds [4] - The balance of the guaranteed loan proceeds is held in a delayed draw construction facility, with the second tranche expected to be disbursed during construction beginning in 2025 through the anticipated completion of the MaxSAF project in 2028 [4] - The loan has a 15-year tenor and an annual interest rate at the US Treasury rate plus 3/8%, with servicing of principal and interest deferred until MaxSAF is commissioned [4] Company Overview - Montana Renewables is a leading renewable fuel company located in Great Falls, Montana, producing Sustainable Aviation Fuel, Renewable Diesel, Renewable Hydrogen, and Renewable Naphtha [9] - As the largest SAF producer in North America (2024), Montana Renewables is dedicated to meeting the increasing demand for sustainable fuels and supporting a greener future [9] - Calumet Inc manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets [10]

INDIANAPOLIS, Dec. 23, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend two investor conferences in January 2025. On January 7th and 8th, Calumet will attend the Goldman Sachs Energy, CleanTech & Utilities Conference 2025 and will be holding one-on-one investor meetings at the conference. On Tuesday, January 14th, Calumet will attend the UBS Global Energy & Utilities Winter Conference and will be holding one-on-one investor meetings throughout the day at ...

Core Viewpoint - Calumet, Inc. has successfully completed a private exchange offer for its 11.00% Senior Notes due 2025, allowing holders to exchange their old notes for newly issued notes due 2026, with a total of $354,399,000 principal amount exchanged [1][2]. Group 1: Exchange Offer Details - The exchange offer accepted tenders from holders of an aggregate of $354,399,000 principal amount of Old Notes, resulting in the issuance of the same amount in New Notes [2]. - After the exchange offer, $9,142,000 principal amount of the Old Notes remains outstanding [2]. Group 2: Redemption Announcement - Calumet has issued a notice for the full redemption of all remaining Old Notes at a redemption price of par, plus accrued and unpaid interest, with the redemption date set for December 10, 2024 [3]. Group 3: Company Overview - Calumet, Inc. manufactures, formulates, and markets a diverse range of specialty branded products and renewable fuels, serving various consumer-facing and industrial markets, and operates twelve facilities across North America [5].

INDIANAPOLIS, Nov. 22, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") and its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp. ("Finance Corp." and, together with the Partnership, the "Issuers"), today announced the expiration and final results of the previously announced private exchange offer (the "Exchange Offer") to certain holders of their 11.00% Senior Notes due 2025 (the "Old Notes") to exchange any and ...

INDIANAPOLIS, Nov. 19, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) ("Calumet") announced today that it plans to attend two investor conferences in December. On December 3rd and 4th, Calumet will attend the Bank of America Leveraged Finance Conference and will be holding one-on-one investor meetings throughout the day at the conference. On Thursday, December 5th, Calumet will attend Janney's 2nd Annual Clean Energy Investment Symposium and will be holding one-on-one investor meetings throughout the day ...

Calumet Specialty Products (NASDAQ: CLMT ) turned the corner with its most recent conference call and announcement for a DOE $1.5 billion loan carrying deferred interest payments until the projects are complete. Our coverage for the company, the last,I have been an investor for several decades enduring the 87 crash, 2000 crash, and 08 crash. I do use trading systems developed with TradeStation. I have enjoyed the rewards from both buy and hold and trading. My professional experiences includes several decade ...

Calumet, Inc. (NASDAQ:CLMT) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Corporate Participants John Kompa - Director, IR Todd Borgmann - Chief Executive Officer David Lunin - EVP and Chief Financial Officer Bruce Fleming - EVP, Montana Renewables and Corporate Development Scott Obermeier - EVP, Specialties Conference Call Participants Roger Read - Wells Fargo Jason Gabelman - TD Cowen Saumya Jain - UBS Gregg Brody - Bank of America Adam Wijaya - Goldman Sachs Amit Dayal - H.C. Wainwright Op ...

Third Quarter 2024 Financial Results November 8, 2024 CAUTIONARY STATEMENTS 2 Forward-Looking Statements This Presentation has been prepared by Calumet, Inc. (the "Company," "Calumet," "we," "our" or like terms) as of November 8, 2024. The information in this Presentation includes certain "forward-looking statements." These statements can be identified by the use of forward-looking terminology including "may," "intend," "believe," "expect," "anticipate," "estimate," "forecast," "outlook," "continue" or othe ...

INDIANAPOLIS, Nov. 6, 2024 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") and its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp. ("Finance Corp." and, together with the Partnership, the "Issuers"), today announced the early results of the previously announced private exchange offer (the "Exchange Offer") to each Eligible Holder (as defined below) of their 11.00% Senior Notes due 2025 (the "Old Notes") to exchange ...