June 28, 2017 3:09 PM ET

Chemicals

Company Overview of Calumet Penreco, LLC

Company Overview

Calumet Penreco, LLC manufactures petrolatums, waxes, white mineral oils, and gelled hydrocarbons that are used in various industrial and consumer applications ranging from cosmetics and pharmaceuticals to personal care products. The company offers petrolatum products, including white petrolatum USPs, petrolatum USPs, technical petrolatums, mineral jellies, and ointment bases that are used in creams and lotions, dental adhesives, hair products, topical ointments, lip balms, makeup products, petroleum gauzes, and petroleum jellies; and white mineral oil products, which include white mineral oil USP, light mineral oil NF, and technical mineral oil products for use in baby oils, bath oils, crea...

138 Petrolia Street

Karns City, PA 16041

United States

Founded in 1878

Phone:

724-756-0110

Fax:

724-756-1050

Key Executives for Calumet Penreco, LLC

President
Senior Research Associate of Technology Center
Vice President of Domestic Sales and Marketing
Compensation as of Fiscal Year 2016.

Calumet Penreco, LLC Key Developments

Department of Justice Lodges Proposed Consent Decree with United States District Court for the Central District of California, Western Division, in the Lawsuit Against Multiple Companies

On December 29, 2015, the Department of Justice lodged a proposed Consent Decree with the United States District Court for the Central District of California, Western Division, in the lawsuit entitled United States and State of California Department of Toxic Substances Control v. AC Products, Inc., et al. Civil Action No. 2:15-cv-09931. The United States and the State of California filed this lawsuit under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) against the following defendants for recovery of response costs which each incurred to address environmental contamination at the Cooper Drum Company Superfund Site located in Los Angeles County, California (site): Gallade Chemical, Inc.; Hasco Oil Company, Inc.; Houghton International, Inc.; J.H. Mitchell & Sons Distributors, Inc.; Lockheed-Martin Corporation; Lonza Inc.; Lubricating Specialties Company; Mathisen Oil Co., Inc.; Pennzoil-Quaker State Company; Penreco; PolyOne Corporation; PPG Industries, Inc.; PTM&W Industries Inc. The complaint names the above-listed companies as defendants based on their business relationship with the Cooper Drum Company which operated a drum reconditioning business at the Site and which accepted drums from each defendant that contained residues of hazardous substances. The Complaint also seeks declaratory relief for all future costs to be incurred. The Consent Decree resolves these claims through the payment of $5,539,266 to the United States and $53,599 to the State of California in partial recovery of response costs. In addition, the defendants are obligated under the Consent Decree to reimburse the United States and the State of California for all future response costs and to perform the remedial action that EPA selected for the Site. In return, the United States and the State of California agree not to sue the defendants under sections 106 and 107 of CERCLA.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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