MTRX Matrix Service Company

Calumet Specialty Products Partners, L.P. Awards Matrix Service Engineering, Fabrication and Construction of Multiple Storage Tanks at Great Falls Renewable Fuels Facility

Calumet Specialty Products Partners, L.P. Awards Matrix Service Engineering, Fabrication and Construction of Multiple Storage Tanks at Great Falls Renewable Fuels Facility

TULSA, Okla., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX) announced today that its subsidiary, Matrix Service Inc., has been awarded the engineering, fabrication and construction of seven (7) storage tanks at Calumet Specialty Products Partners, L.P. facility in Great Falls, Montana. The award was made in the first quarter of Fiscal 2022. The tanks are being constructed to support the production of up to 12,000 barrels per day of renewable fuels. Engineering related to the project will be completed by Matrix Service sister company, Matrix PDM Engineering.

“We are excited to help lead the North America’s energy transition in Montana, the Pacific Northwest, and western Canada. This project will help diversify our nation’s energy sources and reduce our carbon footprint immediately,” said Bruce Fleming, Executive Vice President of Calumet. “We are pleased to have Matrix Service provide the engineering, fabrication, and construction of our renewable storage tanks for this critical infrastructure project.”

The facility is expected to become operational and produce renewable diesel in the second quarter of 2022.

“With our long-standing expertise and reputation as an industry leader in aboveground storage tanks and terminals, we are very pleased to partner with Calumet on this important project, and to do our part to support their commitment in the energy transition to clean, renewable fuels,” said Matrix Service Company’s President and Chief Executive Officer, John R. Hewitt. “We look forward to delivering this project safely, on time, and on budget.”

About Calumet

Calumet Specialty Products Partners, L.P. manufacturers, formulates, and markets a diversified slate of specialty branded products to customers in various consumer-facing and industrial markets. Calumet produces nearly 3,400 unique specialty products used in the development of the world’s most trusted brands and products. Calumet is vertically integrated and holds a comprehensive portfolio of branded products for use in commercial, industrial, and consumer applications. Headquartered in Indianapolis, Indiana, the company employs approximately 1,400 people and operates 12 facilities across North America, including 10 specialty product manufacturing and production facilities. Calumet products and services are available in more than 90 countries across the world, serving over 2,700 customers globally. .

About Matrix Service Company

Matrix Service Company (Nasdaq: MTRX), through its subsidiaries, is a leading North American industrial engineering, construction and maintenance contractor headquartered in Tulsa, Oklahoma with offices located throughout the United States and Canada, as well as Sydney, Australia and Seoul, South Korea.

The Company reports its financial results in three key operating segments: Utility and Power Infrastructure, Process and Industrial Facilities, and Storage and Terminal Solutions.

With a focus on sustainability, building strong Environment, Social and Governance (ESG) practices, and living our core values, Matrix ranks among the Top Contractors by Engineering-News Record, has been recognized for its Board diversification, is an active signatory to CEO Action for Diversity and Inclusion, and is consistently recognized as a Great Place to Work®. To learn more about Matrix Service Company, visit and read our .

For more information about Matrix, please contact:

Kevin S. CavanahKellie Smythe
Matrix Service CompanyMatrix Service Company
Vice President and CFOSenior Director, Investor Relations
T: 918-838-8822T: 918-359-8267
Email: Email:

This release contains forward-looking statements that are made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are generally accompanied by words such as “anticipate,” “continues,” “expect,” “forecast,” “outlook,” “believe,” “estimate,” “should” and “will” and words of similar effect that convey future meaning, concerning the Company’s operations, economic performance and management’s best judgment as to what may occur in the future. Future events involve risks and uncertainties that may cause actual results to differ materially from those we currently anticipate. The actual results for the current and future periods and other corporate developments will depend upon a number of economic, competitive and other influences, including those factors discussed in the “Risk Factors” and “Forward Looking Statements” sections and elsewhere in the Company’s reports and filings made from time to time with the Securities and Exchange Commission. Many of these risks and uncertainties are beyond the control of the Company, and any one of which, or a combination of which, could materially and adversely affect the results of the Company's operations and its financial condition. We undertake no obligation to update information contained in this release.



EN
20/10/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Matrix Service Company

 PRESS RELEASE

Matrix Service Company Announces Award for the Balance of Plant Suppor...

Matrix Service Company Announces Award for the Balance of Plant Supporting a Large, Dual Service Full Containment Storage Tank for Delaware River Partners TULSA, Okla., Nov. 06, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading contractor to the energy and industrial markets across North America, today announced that Delaware River Partners has awarded Matrix NAC the construction for balance of plant work supporting a 100,000 m3, (630,000 barrels), dual service full containment storage tank allowing for storage of Liquid Ammonia or Liquid Propane Gas (LPG). This a...

 PRESS RELEASE

Matrix Service Company Reports Fiscal Year 2026 First Quarter Results;...

Matrix Service Company Reports Fiscal Year 2026 First Quarter Results; Reaffirms Fiscal 2026 Revenue Guidance TULSA, Okla., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, today announced results for the first quarter of fiscal 2026 ended September 30, 2025. FIRST QUARTER FISCAL 2026 HIGHLIGHTS(all comparisons versus the prior year period unless otherwise noted) Revenue of $211.9 million, an increase of 28%Net loss per share of $(0.13) versus $(0.33); adjusted net l...

 PRESS RELEASE

Matrix Service Company Sets Date for Release of Fiscal Year 2026 First...

Matrix Service Company Sets Date for Release of Fiscal Year 2026 First Quarter Results and Conference Call TULSA, Okla., Oct. 21, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, announced today that it will release first quarter Fiscal 2026 results after market on Wednesday, November 5, 2025. On Thursday, November 6, 2025, at 10:30 a.m. Eastern time/9:30 a.m. Central time, Matrix Service Company will host a conference call to present and discuss the Company’s financial result...

 PRESS RELEASE

Matrix Service Company Announces Release of Fiscal 2025 Sustainability...

Matrix Service Company Announces Release of Fiscal 2025 Sustainability Report TULSA, Okla., Sept. 23, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, is proud to announce the release of its Fiscal 2025 Sustainability Report. The report highlights the company’s ongoing commitment to sustainability, and the crucial role it plays in addressing the growing demand for energy and industrial infrastructure across North America. “As we navigate an increasingly complex operating envir...

 PRESS RELEASE

Matrix Service Company Reports Fiscal Year 2025 Fourth Quarter and Ful...

Matrix Service Company Reports Fiscal Year 2025 Fourth Quarter and Full-Year Results; Issues Fiscal 2026 Revenue Guidance TULSA, Okla., Sept. 09, 2025 (GLOBE NEWSWIRE) -- Matrix Service Company (Nasdaq: MTRX), a leading provider of engineering and construction services to the energy and industrial markets, today announced results for the fourth quarter of fiscal 2025 ended June 30, 2025. FOURTH QUARTER FISCAL 2025 RESULTS(all comparisons versus the prior year quarter unless otherwise noted) Total backlog of $1.4 billionTotal project awards of $186.3 million, resu...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch