Calumet Specialty Products Par (CLMT)

Calumet Specialty Products Partners, L.P. produces and sells specialty hydrocarbon products in North America. It operates in two segments, Specialty Products and Fuel Products. The Specialty Products segment processes crude oil and other feedstocks into various customized lubricating oils, solvents, and waxes. This segment sells its products to customers, who purchase them primarily as raw material components for basic industrial, consumer, and automotive goods. The Fuel Products segment processes crude oil into various fuel and fuel-related products, including unleaded gasoline, diesel, and jet fuel. In addition, the company also produces asphalt and other by-products that can be processed or blended for coating and roofing applications; and fuel-related products, including fluid catalytic cracking feedstock, asphalt vacuum residual, and mixed butanes. Calumet GP, LLC serves as the general partner of the company. Calumet Specialty Products Partners, L.P. is based in Indianapolis, Indiana.

For the six months ended 30 June 2006, Calumet Specialty Products Partners, L.P.'s revenues increased 56% to $827.6M. Net income applicable to the Common increased 42% to $26.4M. Revenues reflect an increase in turnover of speciality products & higher sales of fuel products. Net income was partially offset by rise in selling, general & administrative expenses, higher transportation costs and rise in taxes other than income taxes.