Calumet Specialty Products Partners, L.P. Declares Quarterly Distribution on Limited Partner Units; Schedules Second Quarter 2013 Results Conference Call

INDIANAPOLIS, July 22, 2013 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) ("Calumet" or the "Partnership") a leading independent producer of specialty hydrocarbon and fuels products, today announced an increase in its quarterly cash distribution of $0.005 to $0.685 per unit, or $2.74 per unit on an annualized basis, for the quarter ended June 30, 2013 on all of its outstanding limited partner units.  The distribution will be paid on August 14, 2013 to unitholders of record as of the close of business on August 2, 2013.  

The Partnership will report earnings for the second quarter 2013 on Wednesday, August 7, 2013 before the market opens.  A conference call is scheduled for 1:00 p.m. ET (12:00 p.m. CT) Wednesday, August 7, 2013 to discuss the financial and operational results for the second quarter 2013.  Investors, analysts and members of the media interested in listening to the presentation may call (877) 474-9501 and enter passcode 28606689.  The telephonic replay is available by calling (888) 286-8010 and entering passcode 71825125. The replay will be available beginning Wednesday, August 7, 2013, at approximately 3:00 p.m. ET until Wednesday, August 14, 2013.  A webcast of the earnings call will be available on the Partnership's website at http://www.calumetspecialty.com.

About Calumet Specialty Products Partners, L.P.

Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) is a master limited partnership and is a leading independent producer of high-quality, specialty hydrocarbon products in North America. Calumet processes crude oil and other feedstocks 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 based in Indianapolis, Indiana and has eleven facilities located in northwest Louisiana, northwest Wisconsin, northern Montana, western Pennsylvania, Texas and eastern Missouri.

Safe Harbor Statement

This press release includes statements that may constitute forward-looking statements. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties, and other factors that are difficult to predict and many of which are beyond management's control. Factors that can affect future results are discussed in Calumet's Annual Report on Form 10-K and other reports filed by Calumet from time to time with the Securities and Exchange Commission. Calumet undertakes no obligation to update or revise any forward-looking statement to reflect new information or events. This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat one hundred percent (100.0%) of Calumet's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business.  Accordingly, Calumet's distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate.

SOURCE Calumet Specialty Products Partners, L.P.