INDIANAPOLIS, July 22, 2011 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT) ("Partnership") today announced an increase in its quarterly cash distribution to $0.495 per unit ( $1.98 per unit on an annualized basis) for the quarter ended June 30, 2011 on all of its outstanding limited partner units. The distribution will be paid on August 12, 2011 to holders of record of such units at the close of business on August 2, 2011. This distribution represents an increase of 4.2% over the quarterly distribution of $0.475 per unit ( $1.90 per unit on an annualized basis) paid in May 2011 for the first quarter of 2011.
In addition, the Partnership will report earnings for the second quarter of 2011 on Wednesday, August 3, 2011 before the market opens.
A conference call is scheduled for 1:00 p.m. ET ( 12:00 p.m. CT) Wednesday, August 3, 2011 to discuss the financial and operational results for the second quarter of 2011. Anyone interested in listening to the presentation may call 866-700-7441 and enter passcode 24145748. For international callers, the dial-in number is 617-213-8839 and the passcode is 24145748.
The telephonic replay is available in the United States by calling 888-286-8010 and entering passcode 52719103. International callers can access the replay by calling 617-801-6888 and entering passcode 52719103. The replay will be available beginning Wednesday, August 3, 2011, at approximately 4:00 p.m. until Wednesday, August 17, 2011.A webcast of the earnings call will be available on the Partnership's website at http://www.calumetspecialty.com. Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT) ("Calumet") is a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil into customized lubricating oils, solvents, and waxes used in consumer, industrial, and automotive products. Calumet also produces fuel products including gasoline, diesel and jet fuel. Calumet is headquartered in Indianapolis, Indiana and has five plants located in northwest Louisiana, western Pennsylvania, and southern Texas, and a blending facility located in Burnham, Illinois. SOURCE Calumet Specialty Products Partners, L.P.
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