CVR Partners Files Annual Report; Highlights in Fertilizer Market
CVR Partners, LP Annual Report Submission
CVR Partners, LP (NYSE: UAN), a leading manufacturer of ammonia and urea ammonium nitrate (UAN) solution fertilizers, has filed its annual Form 10-K report. This filing is crucial as it provides shareholders with detailed insights into the financial health and operational performance of the company over the past fiscal year.
Overview of Operations in Fertilizer Production
With headquarters in Sugar Land, Texas, CVR Partners is dedicated to producing high-quality nitrogen fertilizers, primarily focusing on urea ammonium nitrate and ammonia. These products play a significant role in enhancing agricultural yields and crop quality, making them essential for farmers across various regions.
Manufacturing Facilities
The company boasts two key manufacturing facilities, strategically positioned to optimize production efficiency. The Coffeyville, Kansas facility has the capability of producing 1,300 tons of ammonia and 3,100 tons of UAN each day. Additionally, it features a dual-train gasifier complex that processes up to 89 million standard cubic feet of hydrogen daily.
Expanded Capacity in Illinois
In East Dubuque, Illinois, another facility contributes significantly to the company’s output, with a production capacity of 1,075 tons of ammonia and 950 tons of UAN per day. This strategic expansion ensures CVR Partners can meet the increasing demand for fertilizers in the agricultural sector.
Recent Developments in the Company
In its comprehensive annual report, CVR Partners highlighted several recent developments that have influenced its operational strategy. One of the main focuses has been on enhancing production efficiency through technological advancements in fertilizer manufacturing.
Innovative Solutions for Crop Productivity
The firm's commitment to providing innovative solutions includes ongoing investment in refining processes that yield a higher quality product while minimizing environmental impact. This proactive approach aligns with industry trends towards sustainable agriculture.
Financial Performance Evaluation
CVR Partners' annual Form 10-K report reflects a thorough evaluation of its financial performance. The detailed audited financial statements included in the report provide unitholders with transparency regarding the company’s profitability and operational effectiveness.
Asking for a Hard Copy of the Report
Unitholders interested in obtaining a hard copy of the Form 10-K report can do so free of charge upon request. The company encourages stakeholders to reach out for a complete review of their financial performance. Requests can be submitted directly to their investor relations team.
Contacting Investor Relations
For any inquiries related to the annual report, Richard Roberts from the Investor Relations team is available for assistance at (281) 207-3205. He is ready to answer any questions unitholders may have about the report or other company-related topics.
Media Relations Support
For media inquiries, Brandee Stephens can be contacted at the same location and her direct line is (281) 207-3516. The media team is keen to communicate significant updates and developments regarding CVR Partners and its impact on the fertilizer market.
Frequently Asked Questions
What does the annual Form 10-K report entail?
The Form 10-K report provides comprehensive details on CVR Partners' financial performance, operational results, and management strategies for the fiscal year.
How does CVR Partners contribute to agriculture?
CVR Partners supplies nitrogen fertilizers which are essential for increasing crop yields and improving food quality, crucial for farming productivity.
Where are CVR Partners' manufacturing facilities located?
CVR Partners operates significant manufacturing plants in Coffeyville, Kansas, and East Dubuque, Illinois, which optimize production capacities of fertilizers.
Can shareholders request a physical copy of the report?
Yes, unitholders can request a hard copy of the annual report on Form 10-K at no cost, directly from the Investor Relations team.
Who can I contact for more information about CVR Partners?
For more information, you can reach out to Richard Roberts in Investor Relations at (281) 207-3205.
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