SUGAR LAND, Texas, July 28, 2011 /PRNewswire/ -- On July 26, 2011, CVR Partners, LP (NYSE: UAN)
announced a second quarter 2011 cash distribution of 40.7 cents per common unit for the period of
April 13, 2011 (the closing of its
initial public offering) through June 30,
2011. CVR Partners today reaffirms its previous
distribution guidance of $1.92 for
the twelve months ending March 31,
2012, as reported in its prospectus dated April 7, 2011, in connection with its initial
public offering.
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The following information contains forward-looking statements
based on management's current expectations and beliefs, as well as
a number of assumptions concerning future events. These
statements are subject to risks, uncertainties, assumptions and
other important factors. You are cautioned not to put undue
reliance on such forward-looking statements (including forecasts
and projections regarding our future performance) because actual
results may vary materially from those expressed or implied as a
result of various factors, including, but not limited to those set
forth under "Risk Factors" and "Cautionary Note Regarding
Forward-Looking Statements" in the CVR Partners, LP Prospectus and
any other filings CVR Partners, LP makes with the Securities and
Exchange Commission. CVR Partners, LP assumes no obligation
to, and expressly disclaims any obligation to, update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
About CVR Partners, LP
Headquartered in Sugar Land,
Texas, with manufacturing facilities located in Coffeyville, Kan., CVR Partners, LP is a
Delaware limited partnership
focused primarily on the manufacture of nitrogen fertilizers. The
CVR Partners nitrogen fertilizer manufacturing facility is the only
operation in North America that
uses a petroleum coke gasification process to produce nitrogen
fertilizer and includes a 1,225 ton-per-day ammonia unit, a 2,025
ton-per-day urea ammonium nitrate unit, and a dual-train gasifier
complex having a capacity of 84 million standard cubic feet per day
of hydrogen.
SOURCE CVR Partners, LP