Thursday, June 20, 2024

Calumet Specialty completes Shreveport maintenance work, decides to replace steam drum in Montana

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  • Calumet Specialty Products Partners (NASDAQ:CLMT) said on Friday that its maintenance work related to Shreveport facility is completed, and has decided to replace the steam drum in Montana Renewables.
  • The company provided an operational update for Q3.
  • Shreveport facility required maintenance during the quarter, which resulted in a loss of ~300K barrels of lube oil and wax sales. With the maintenance work completed, the company said the facility is currently processing over 45K barrels per day of feed.
  • Montana Renewables had identified a leak in the steam recovery system within its renewable hydrogen plant during the quarter. The company has decided to replace the steam drum rather than repair it, with the replacement expected to be completed in November.
  • Source: Press Release

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