Calumet Specialty Products Partners, L.P. Awards Matrix Service Engineering, Fabrication and Construction of Multiple Storage Tanks at Great Falls Renewable Fuels Facility
October 20 2021 - 6:30AM
Matrix Service Company (Nasdaq: MTRX)
announced today that its subsidiary, Matrix Service Inc., has been
awarded the engineering, fabrication and construction of seven (7)
storage tanks at Calumet Specialty Products Partners, L.P. facility
in Great Falls, Montana. The award was made in the first quarter of
Fiscal 2022. The tanks are being constructed to support the
production of up to 12,000 barrels per day of renewable fuels.
Engineering related to the project will be completed by Matrix
Service sister company, Matrix PDM Engineering.
“We are excited to help lead the North America’s
energy transition in Montana, the Pacific Northwest, and western
Canada. This project will help diversify our nation’s energy
sources and reduce our carbon footprint immediately,” said Bruce
Fleming, Executive Vice President of Calumet. “We are pleased to
have Matrix Service provide the engineering, fabrication, and
construction of our renewable storage tanks for this critical
infrastructure project.”
The facility is expected to become operational and
produce renewable diesel in the second quarter of 2022.
“With our long-standing expertise and reputation as
an industry leader in aboveground storage tanks and terminals, we
are very pleased to partner with Calumet on this important project,
and to do our part to support their commitment in the energy
transition to clean, renewable fuels,” said Matrix Service
Company’s President and Chief Executive Officer, John R. Hewitt.
“We look forward to delivering this project safely, on time, and on
budget.”
About CalumetCalumet Specialty
Products Partners, L.P. manufacturers, formulates, and markets a
diversified slate of specialty branded products to customers in
various consumer-facing and industrial markets. Calumet produces
nearly 3,400 unique specialty products used in the development of
the world’s most trusted brands and products. Calumet is vertically
integrated and holds a comprehensive portfolio of branded products
for use in commercial, industrial, and consumer applications.
Headquartered in Indianapolis, Indiana, the company employs
approximately 1,400 people and operates 12 facilities across North
America, including 10 specialty product manufacturing and
production facilities. Calumet products and services are available
in more than 90 countries across the world, serving over 2,700
customers globally. www.calumetspecialty.com.
About Matrix Service CompanyMatrix Service
Company (Nasdaq: MTRX), through its subsidiaries, is a leading
North American industrial engineering, construction and maintenance
contractor headquartered in Tulsa, Oklahoma with offices located
throughout the United States and Canada, as well as Sydney,
Australia and Seoul, South Korea.
The Company reports its financial results in three key operating
segments: Utility and Power Infrastructure, Process and Industrial
Facilities, and Storage and Terminal Solutions.
With a focus on sustainability, building strong Environment,
Social and Governance (ESG) practices, and living our core values,
Matrix ranks among the Top Contractors by Engineering-News Record,
has been recognized for its Board diversification, is an active
signatory to CEO Action for Diversity and Inclusion, and is
consistently recognized as a Great Place to Work®. To learn more
about Matrix Service Company, visit www.matrixservicecompany.com
and read our inaugural Sustainability Report.
For more information about Matrix, please
contact:
Kevin S.
Cavanah |
Kellie
Smythe |
Matrix Service Company |
Matrix Service Company |
Vice President and CFO |
Senior Director, Investor Relations |
T: 918-838-8822 |
T: 918-359-8267 |
Email: ir@matrixservicecompany.com |
Email: ksmythe@matrixservicecompany.com |
This release contains forward-looking statements that are made
in reliance upon the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements are
generally accompanied by words such as “anticipate,” “continues,”
“expect,” “forecast,” “outlook,” “believe,” “estimate,” “should”
and “will” and words of similar effect that convey future meaning,
concerning the Company’s operations, economic performance and
management’s best judgment as to what may occur in the future.
Future events involve risks and uncertainties that may cause actual
results to differ materially from those we currently anticipate.
The actual results for the current and future periods and other
corporate developments will depend upon a number of economic,
competitive and other influences, including those factors discussed
in the “Risk Factors” and “Forward Looking Statements” sections and
elsewhere in the Company’s reports and filings made from time to
time with the Securities and Exchange Commission. Many of these
risks and uncertainties are beyond the control of the Company, and
any one of which, or a combination of which, could materially and
adversely affect the results of the Company's operations and its
financial condition. We undertake no obligation to update
information contained in this release.
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