INDIANAPOLIS, Aug. 3, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) ("Calumet", "the Partnership", "we", "us", "our") announced today the appointment of Karen Twitchell and John (Jack) Boss to the Board of Directors effective August 2, 2022.  Concurrently, Calumet announced that Robert (Bob) Funk has elected to retire from the Board of Directors. "On behalf of everyone at Calumet, I'd like to thank Bob for his many years of service and significant contributions to the Partnership.  We'll particularly miss his operational expertise, wisdom and commitment to the success of Calumet," said Steve Mawer, Executive Chairman. "When Bob notified us of his intent to reti

LOS ANGELES, June 27, 2022 /PRNewswire/ -- Balmoral Funds, LLC ("Balmoral") announced today that it has successfully completed its previously announced acquisition of Trecora Resources ("Trecora") at a price of $9.81 per share, net to each seller, in cash, without interest and subject to any required tax withholdings. With the completion of the acquisition, Trecora's stock will cease trading on the New York Stock Exchange and Trecora will no longer be listed on any public market. Blank Rome LLP served as legal advisor to Balmoral, and Piper Sandler served as financial advisor

SUGAR LAND, Texas and LOS ANGELES, June 24, 2022 /PRNewswire/ -- Trecora Resources (NYSE:TREC) ("Trecora" or the "Company") and Balmoral Swan MergerSub, Inc. (the "Purchaser"), an affiliate of Balmoral Funds, LLC (together with its consolidated subsidiaries, "Balmoral") today announced the successful completion of the previously commenced cash tender offer by the Purchaser to purchase all of the issued and outstanding shares of common stock of Trecora (collectively, the "Shares"). The tender offer expired at 12:00 A.M., New York City time on June 24, 2022. As of the expiration

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INDIANAPOLIS, Aug. 3, 2022 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) ("Calumet", "the Partnership", "we", "us", "our") announced today the appointment of Karen Twitchell and John (Jack) Boss to the Board of Directors effective August 2, 2022.  Concurrently, Calumet announced that Robert (Bob) Funk has elected to retire from the Board of Directors. "On behalf of everyone at Calumet, I'd like to thank Bob for his many years of service and significant contributions to the Partnership.  We'll particularly miss his operational expertise, wisdom and commitment to the success of Calumet," said Steve Mawer, Executive Chairman. "When Bob notified us of his intent to reti

SUGAR LAND, Texas, April 21, 2021 /PRNewswire/ -- Trecora Resources ("Trecora" or the "Company") (NYSE:TREC), a leading provider of specialty hydrocarbons and specialty waxes, today announced the appointment of Mr. Rafael (Ralph) Pons, currently the site leader at Trecora's South Hampton Resources facility in Silsbee, Texas, to the position of Chief Manufacturing Officer, effective May 15, 2021.  The appointment will follow the retirement of John R. "Dick" Townsend, Trecora's Executive Vice President and Chief Manufacturing Officer, effective May 14, 2021.  In succeeding Mr.

Purchase price of $9.81 per share in cash, with a total transaction value of $247 million Transaction follows a comprehensive strategic review process by the Trecora Board of Directors Trecora to adopt limited-duration shareholder rights plan as a condition to the transaction SUGAR LAND, Texas, May 11, 2022 /PRNewswire/ -- Trecora Resources ("Trecora" or the "Company") (NYSE:TREC), a leading provider of specialty hydrocarbons and specialty waxes, and an affiliate of Balmoral Funds, LLC (together with its consolidated subsidiaries, "Balmoral") today announced that they have entered into a definitive merger agreement (the "Merger Agreement") pursuant to which Balmoral agreed to acquire Trecora

First quarter revenue of $83.2 million, an increase of 52.4% compared with the first quarter of 2021, driven by price and volume increases in both the Specialty Petrochemicals and Specialty Waxes segments.First quarter net loss of $(0.4) million was significantly improved from $(4.4) million in the first quarter 2021.First quarter Adjusted EBITDA of $5.8 million compared to $(0.1) million in the first quarter 2021.Increasing full year Adjusted EBITDA guidance to a range between $28 million and $32 million from $27 million to $31 million previously.Conference call at 11:00 am ET, May 5, 2022.SUGAR LAND, Texas, May 4, 2022 /PRNewswire/ -- Trecora Resources ("Trecora" or the "Company") (NYSE:TR

SUGAR LAND, Texas, April 25, 2022 /PRNewswire/ -- Trecora Resources (NYSE:TREC), a leading provider of specialty hydrocarbons and waxes, today announced the planned release of its first quarter 2022 financial results after market close on Wednesday, May 4, 2022. President and Chief Executive Officer, Patrick D. Quarles, and Chief Financial Officer, Sami Ahmad, will host a conference call on Thursday, May 5, 2022 at 10:00 a.m. Central Time/11:00 a.m. Eastern Time to discuss the results. Date: Thursday, May 5, 2022 Time: 11:00 a.m. Eastern Time Toll-free dial-in number: +1-866-417-5724 International dial-in number: +1-409-217-8234 Conference ID: 2060048 Webcast: https://edge.media-server.com/m

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