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8-K - FORM 8-K - CVR PARTNERS, LP | y92181e8vk.htm |
Exhibit 99.1
CVR Partners Reaffirms Distribution Guidance
Of $1.92 for Twelve Months Ending March 31, 2012
Of $1.92 for Twelve Months Ending March 31, 2012
SUGAR LAND, Texas (July 28, 2011) On July 26, 2011, CVR Partners, LP 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.
The following information contains forward-looking statements based on managements 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.
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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.
For further information, please contact: |
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Investor Relations:
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Media Relations: | |
Jay Finks
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Steve Eames | |
281-207-3588
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281-207-3550 | |
InvestorRelations@CVRPartners.com
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MediaRelations@CVRPartners.com |