News Breaks
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| 10:46 EDT |  | CLMT |
| theflyonthewall.com: | Calumet Specialty, LyondellBasell enter into long-term alliance | | Calumet and LyondellBasell have reached an agreement under which Calumet will be the exclusive marketer of LyondellBasell's naphthenic base oil production out of its refinery in Houston, TX. Calumet will be adding approximately 3,000 barrels per day of naphthenic lubricating oil sales to the current naphthenic lubricating oil production at its Princeton, LA refinery, which has crude oil capacity of approximately 10,000 bpd. The two parties have also reached an agreement for LyondellBasell to process approximately 800 bpd of white mineral oil at its Houston refinery for Calumet. This volume will supplement Calumet's existing white mineral oil production at its Karns City, PA and Dickinson, TX facilities. :theflyonthewall.com |
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