Calumet Specialty Products Partners L.P. posted a net loss of $63.5 million, compared to a $15.5 million net loss in 2013s fourth quarter. For the full year 2014, the companys net loss reached $112.2 million, versus net income of $3.5 million for 2013.

Excluding six special items, Calumet reported adjusted net income of $65.5 million, versus an adjusted net loss of $20 million for 2013s fourth quarter. Special items included four charges totaling more than $163 million, including inventory-related items and a goodwill impairment charge related to two acquisitions.

Calumets fourth quarter sales topped $1.3 billion, up 8.3 percent from $1.2 billion. Full year 2014 sales reached almost $5.8 billion, up 7.4 percent from $5.4 billion.

Fourth quarter sales volumes for specialty products were down in 2014 fourth quarter, to 25,648 barrels per day, compared to 27,327 b/d in the year-earlier quarter. Lubricating oils totaled 11,438 b/d in the quarter, down from 13,247 b/d a year earlier. Packaged and synthetic specialty products reached 1,665 b/d in the fourth quarter, up from 1,102 b/d. Other fourth quarter totals included 8,862 b/d solvents and 2,077 b/d waxes, each up from fourth quarter 2013 figures.

The company continues to progress on a project to more than double production capacity of its Louisiana, Mo., esters plant from 35 million pounds per year to an estimated 75 million pounds per year. Calumet said it anticipates completing the project during the second quarter of 2015. The current estimated total construction cost of the expansion is about $40 million to $45 million.

Chemtura

Philadelphia-based specialty chemicals company Chemturas industrial performance products segment reported net sales of $234 million in the fourth quarter, down 3.3 percent from $242 million. For full year 2014, the segments net sales reached $987 million, up almost 1 percent from $979 million.

For the fourth quarter, the segments operating income remained unchanged at $25 million, compared to 2013s fourth quarter, while full year 2014 operating income reached $106 million, down 2.8 percent.

2015 will permit us to start demonstrating the potential of our industrial specialty chemicals portfolio, Chemtura Chairman, President and CEO Craig Rogerson said in the companys earnings news release. We will drive profitability growth and margin expansion underpinned by our cost reduction actions.

Net sales for Chemturas petroleum additives segment totaled $164 million in the fourth quarter, down 3.5 percent from $170 million in 2013s fourth quarter. The segments net sales for all of 2014 amounted to $687 million, down slightly from $689 million.

Clean Harbors

Norwell, Mass.-based Clean Harbors oil rerefining and recycling business segment posted $120.3 million in third party revenues for the fourth quarter, up 10 percent from $133.6 million a year earlier. The segments third party revenues for full year 2014 reached $533.6 million, up 1 percent from 2013. Third party revenues represent the rerefining groups sales of base oil, blended and reclaimed fuel oil and a small amount of byproducts.

Results in our oil rererefining and recycling segment reflect the year-over-year decline in base oil pricing, Clean Harbors Chairman and CEO Alan McKim said in the companys earnings news release.

Clean Harbors acquired rerefiner Evergreen Oil out of bankruptcy for $60 million in 2013 and Safety-Kleen for $1.3 billion in December 2012. Evergreen Oils Newark, Calif., rerefinery – now considered part of Safety-Kleen operations – has 1,150 barrels per day of API Group II capacity. Safety-Kleens East Chicago, Ind., rerefinery has 800 b/d of Group I and 4,200 b/d of Group II capacity. Its rerefinery in Breslau, Canada, has capacities of 700 b/d of Group I and 1,200 b/d of Group II.

Quaker Chemical

Conshohocken, Pa.-based Quaker Chemical reported $12.9 million in net income for 2014s fourth quarter, down 12.2 percent from $14.7 million in the year-earlier period. For the full year 2014, the companys net income was $58.3 million, down slightly from $58.9 million.

The lubricant suppliers net sales hit $194 million in the fourth quarter, up 5.3 percent from $184.3 million. Full-year 2014 net sales amounted to $765.9 million, up 5 percent from $729.4 million.

Looking forward, we are seeing an uncertain economic environment in many countries throughout the world and a strong U.S. dollar, Quaker Chemical Chairman, CEO and President Michael Barry said in its earnings news release.