INDIANAPOLIS, Nov. 9, 2020 /PRNewswire/ -- Calumet
Specialty Products Partners, L.P. ("Calumet," the "Partnership" or
the "Company") (NASDAQ: CLMT), a leading independent producer of
specialty hydrocarbon and fuels products, today announced
Paul C. Raymond III was appointed to
the Board of Directors of Calumet's general partner, Calumet GP,
LLC on November 3, 2020.
Mr. Raymond joins Calumet's Board of Directors, having served in
numerous senior executive leadership roles during a long career in
specialty chemicals businesses. Mr. Raymond currently serves as
Chief Executive Officer of Monument Chemical, Inc., a specialty
chemical company owned in part by The Heritage Group. Prior to
Monument, Mr. Raymond served as President and Chief Executive
Officer of Sonneborn, LLC, a specialty hydrocarbon and high purity
white oils manufacturer, from 2012 until its acquisition by
HollyFrontier Corp in 2019. Prior to Sonneborn, Mr. Raymond served
as President of Ashland Water Technologies, a $1.9 billion global leader in specialty chemical
solutions and services to water-intensive industries.
"We are very excited to welcome Paul to the Partnership and look
forward to the contributions that he'll bring to Calumet and its
future," said Steve Mawer, CEO of
Calumet Specialty Products. "Paul brings over three decades of
experience in specialty chemicals, and his addition as a director
will further support our Specialty-focused strategy. We believe
that Paul's deep specialty chemicals knowledge, strategic insights,
and his impressive track record leading and growing similar
businesses make him a terrific asset for Calumet."
The Board of Directors of Calumet GP, LLC is currently comprised
of eight members. Mr. Raymond joins as the ninth Director.
Mr. Raymond holds a Bachelor of Science degree in Chemical
Engineering from Rice University and
earned his Ph.D. in Chemical Engineering from the University of Texas at Austin.
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. Calumet is
based in Indianapolis, Indiana,
and operates nine manufacturing facilities located in northwest
Louisiana, northern Montana, western Pennsylvania, Texas and eastern Missouri.
View original
content:http://www.prnewswire.com/news-releases/calumet-specialty-products-partners-lp-announces-the-addition-of-paul-c-raymond-to-board-of-directors-301169115.html
SOURCE Calumet Specialty Products Partners, L.P.