Investment
Features
FeesSafety
Academy
More
Pluang+

Calumet boosts asset-based loan facility by $100M to $600M, enhancing liquidity for operations.

Company Fundamentals
14 Sep 2026
PRNewsWire
View Source
Bullish
Calumet boosts asset-based loan facility by $100M to $600M, enhancing liquidity for operations.

Calumet, Inc. has increased its asset-based loan facility by $100 million, raising total commitments to $600 million, with the maturity date set for January 2031. This adjustment aligns with higher market prices and receivables, strengthening Calumet's liquidity to support working capital amid commodity price fluctuations. Additionally, Montana Renewables, a Calumet subsidiary, received a final $34 million draw under its amended Loan Guarantee Agreement with the U.S. Department of Energy, supporting the MaxSAF® expansion project. The project capital was reduced to $137 million from the original $1.2 billion plan by repurposing equipment, enabling quicker payback steps.

Calumet's credit facility update provides context for energy sector trading. For readers following energy stocks, here is Pluang's market snapshot as of Sep 15, 2026 03:02 WIB: Out of 30 priced Energy-sector US stocks, 7 rose and 23 fell. Notable movers include IREN at USD 43.36 (-1.07%), EOG at USD 148.80 (+0.98%), and ENB at USD 48.16 (+0.84%).

More News

Chery Auto unveils L4 Robotaxi and partners with UAE's K2 for global commercial launch

Chery Auto unveils L4 Robotaxi and partners with UAE's K2 for global commercial launch

Chery Auto will showcase its purpose-built Level 4 (L4) Robotaxi at the 2026 Chery International User Summit and sign a strategic cooperation agreement with UAE-based K2. The Robotaxi offers a fully driverless passenger experience from booking to rid...

Market News
Bullish
2 hours ago
AiMOGA launches Mobo, a home companion humanoid robot, with global pre-orders starting at 2026 Chery Summit

AiMOGA launches Mobo, a home companion humanoid robot, with global pre-orders starting at 2026 Chery Summit

AiMOGA Robotics, a Chery brand, unveiled Mobo, its first consumer-grade humanoid robot designed for home companionship, at the 2026 Chery International User Summit. Powered by AiMOGA's proprietary AI system MoAgent, Mobo can interpret complex command...

Others
Bullish
3 hours ago
AiMOGA launches Mobo, a home companion humanoid robot, with global pre-orders opening at Chery 2026 summit

AiMOGA launches Mobo, a home companion humanoid robot, with global pre-orders opening at Chery 2026 summit

AiMOGA Robotics, a Chery brand, unveiled Mobo, its first consumer humanoid robot designed for home companionship, at the 2026 Chery International User Summit. Mobo uses advanced AI to understand complex commands, navigate home environments, and remem...

Market News
Bullish
3 hours ago
AiMOGA launches Mobo, a humanoid home companion robot, with global pre-orders starting at Chery 2026 User Summit

AiMOGA launches Mobo, a humanoid home companion robot, with global pre-orders starting at Chery 2026 User Summit

AiMOGA Robotics, a brand under Chery, introduced Mobo, its first consumer-grade humanoid robot designed as a family companion, at the 2026 Chery International User Summit. Mobo operates with AiMOGA's proprietary MoAgent AI, enabling it to understand ...

Others
Bullish
3 hours ago
AiMOGA to launch Mobo, a consumer humanoid home companion robot, with global pre-orders at 2026 Chery Summit

AiMOGA to launch Mobo, a consumer humanoid home companion robot, with global pre-orders at 2026 Chery Summit

AiMOGA Robotics, a Chery brand, will debut Mobo, its first consumer-grade humanoid robot designed as a home companion, at the 2026 Chery International User Summit in Wuhu, China. Mobo features advanced AI for understanding complex commands, spatial a...

Others
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App