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Calumet Specialty Products Partners announces terms for its proposed IPO

January 13, 2006

Calumet Specialty Products Partners, one of the largest producers of high-quality, specialty hydrocarbon products in North America, announced the terms for its proposed IPO on Friday. According to an amended SEC filing, the Indianapolis, IN based company plans to offer 6.45 million shares at a range of $20.50 to $22.50 and has a proposed market cap of $543 million. Goldman Sachs, Deutsche Bank Securities, Raymond James and Petrie Parkman have been selected to underwrite the deal. A specific pricing date has yet to be determined.