Oaktree Transaction Overview & Montana Renewables Carveout
The New Calumet
CALUMET
SPECIALTY PRODUCTS PARTNERS, LP
•
•
•
Specialties Business
A leading Specialty Products company with unique
brands and assets
Segmented into Specialty Products & Solutions and
Performance Brands
Exceptionally diversified customer base and product
offerings across multiple industries and markets
Renewable Diesel Business
A pure-play Renewable Diesel company - no
biodiesel, no fossil
A first quartile asset with low entry cost - potential
horizontal and vertical growth
Temperate Oil Seed Belt location taps vast new low
Carbon Intensity (CI) markets for feedstock supply
•
Portfolio of growth opportunities
Renewable hydrogen plant further lowers Cl
Short-haul to multiple key RD & SAF markets
Separation allows us to create two growth platforms, de-lever,
and drive significant unitholder value
© 2021 Calumet Specialty Products Partners, L.P.
11View entire presentation