Calumet Flags Net Loss for 2025

MT Newswires Live01-06

Calumet (CLMT), a manufacturer of renewable fuels and specialty products, reported late Monday that a net loss between $69 million and $12 million is expected for the year ended Dec. 31.

The company reduced restricted debt by more than $220 million in 2025 based on preliminary data, Chief Executive Todd Borgmann said.

"This was driven by over $70 million of structural annual cost improvements, approximately $20 million of cost efficiencies and flexibility gains in our crude supply chain, a disciplined and responsible approach to capital spending, and an accretive $110 million divestiture of the Royal Purple Industrial business," the CEO said.

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