CALUMET SPECIALTY PRODUCTS PARTNERS, L.P. COMPLETES EXPANSION OF ITS SHREVEPORT, LA FACILITY
Dec 1, 2016
INDIANAPOLIS (November 28, 2016) – Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet") today announced that it has partnered with BP Lubricants USA to begin blending Castrol Motor Oil in its newly expanded blending and packaging facility in Shreveport, LA. The company will officially announce the partnership at a ceremony on December 5 at the facility.
Recently, Calumet greenlit a capital improvement project to expand the Shreveport facility which was needed to support the growth of its Branded and Packaging business. The facility is a 15-acre space where Calumet manufactures, blends and packages specialty lubricants, fuels and solvents. It operates one of the few very highly automated explosion-proof fillers in use today and has a capacity of 3.7 million gallons. When Calumet first acquired the facility in 2012, it was an 85,000 square foot production and warehouse facility with bulk tank storage capacity of approximately 1.5 million gallons.
The Shreveport facility now has 400,000 sq. ft. in additional storage, dual loading/unloading racks, as well as a dedicated rail spur and convenient railway access. On-site tanks can accommodate large quantities of fluids and all tanks boast the latest automated technology from position valves to inventory monitoring, with dedicated source and destination, to ensure that fluids are not co-mingled.
“We are confident in the capabilities of the Shreveport facility team and are excited at the potential opportunities stemming from this partnership with BP Lubricants,” said Harji Gill, Vice President of Sales Brand Products for Calumet.
About Calumet Specialty Products Partners, L.P.
Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) is a master limited partnership and a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil and other feedstocks into customized lubricating oils, solvents and waxes used in consumer, industrial and automotive products; produces fuel products including gasoline, diesel and jet fuel; and provides oilfield services and products to customers throughout the United States. Calumet is based in Indianapolis, Indiana and has thirteen manufacturing facilities located in northwest Louisiana, northwest Wisconsin, northern Montana, western Pennsylvania, Texas, New Jersey, Oklahoma and eastern Missouri.
# # #