Freedonia In The News

Article Title: Expanded Calumet Plant to Blend Castrol Lubes
By: George Gill
Publication: Lube Report, 11/30/2016
Freedonia Study: Lubricants (3394)

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Jason Carnovale, analyst with Cleveland-based industry market research firm Freedonia Group, said the agreement between BP and Calumet is an interesting development in the lubricants market. “Calumet has been one of the more intriguing participants in the industry in the last several years, having gradually diversified into finished lubes and synthetics – not to mention oilfield services,” Carnovale told Lube Report. “This strategy has been fairly successful for Calumet, as base oils and finished lubes continue to provide steady volumes and higher margins than most other refinery products. Expansion of the company’s blending and packaging capabilities should help leverage vertical integration and further this trend.”
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Article Title: Calumet Launches Group III Base Oil
By: George Gill
Publication: Lubes'n'Greases - Lube Report, 5/3/2017
Freedonia Study: Lubricants (3394)

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