07.25.2025
Sausage casings bulletin, July 25, 2025

Runner market commentary
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Montana Renewables, LLC (MRL) completed its first full calendar year of operations in 2023. MRL efficiently navigated the start-up of operations in late 2022, avoiding launch delays that plagued many of their competitors. MRL is a subsidiary of Calumet Specialty Products Partners, L.P. (CLMT). CLMT reported Q4 2023 earnings highlighting some of the success and troubles of getting a RD facility running.
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