• Calumet's November 6 third-quarter 2026 earnings call included CEO Todd Borgmann, CFO David Lunin, Bruce Fleming, Scott Obermeier and John Kompa.
• Adjusted EBITDA with tax attributes reached $347 million; Specialty Products and Solutions contributed $248.1 million in adjusted EBITDA.
• Management expects specialty margins to remain elevated near term, with damaged capacity and depleted inventories extending supply constraints into 2027 and beyond.
• Roughly $265 million of debt retired over four months saves approximately $26 million annually; remaining 2028 notes total $175 million.
• The revised MaxSAF expansion requires $137 million, targeting annual sustainable aviation fuel production of 200 million gallons in 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Calumet Inc. published the original content used to generate this news brief on November 11, 2026, and is solely responsible for the information contained therein.