IHS Chemical Week

People & Business :: Companies

Calumet Specialty Products swings to loss

9:53 AM MST | November 6, 2013 | Vincent Valk

Calumet Specialty Products today reported a net loss of $34.8 million, or 54 cts/share, compared with a profit of $42.4 million in the year-ago quarter, on sales up 28% year-on-year (YOY), to $1.51 billion. The company recorded a loss due to a steep decline in margins for both fuels and lubricants, since selling prices for gasoline, lubricating oils, and asphalt fell short of a large rise in the price of crude oil during the quarter. "Higher crude oil prices adversely impacted refined product margins within both our fuel and specialty products segments...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa