SUGAR LAND, Texas, July 26, 2012 /PRNewswire/ -- CVR Partners, LP
(NYSE: UAN), a master limited partnership and manufacturer of
ammonia and urea ammonium nitrate (UAN) solution fertilizer
products, today declared a cash distribution of 60 cents per common unit for the second quarter
of 2012.
(Logo: http://photos.prnewswire.com/prnh/20080226/CVRLOGO)
The distribution as set by the board of CVR GP, LLC, the general
partner of CVR Partners, will be paid August
14, 2012, to unit holders of record on August 7, 2012.
CVR Partners previously announced that it will release its
second quarter 2012 results on Wednesday,
August 1, after the close of New York Stock Exchange
trading. Chief Executive Officer Byron Kelley and other executives will host a
teleconference call for analysts and investors on Thursday, August 2, at 9:30 a.m. Eastern time.
The Earnings Conference Call will be broadcast live over the
Internet at http://www.videonewswire.com/event.asp?id=87862. For
investors or analysts who want to participate during the call, the
dial-in number is (877) 869-3847.
For those unable to listen live, the Webcast will be archived
and available for 28 days at
http://www.videonewswire.com/event.asp?id=87862. A repeat of the
conference call can be accessed by dialing (877) 660-6853, replay
account 386, replay ID 396300.
CVR Partners' second quarter 2012 earnings news release will be
distributed via PR Newswire and posted at www.CVRPartners.com.
This release serves as a qualified notice to nominees and
brokers as provided for under Treasury Regulation Section
1.1446-4(b). Please note that 100 percent of CVR Partners'
distributions to foreign investors are attributable to income that
is effectively connected with a United
States trade or business. Accordingly, the CVR Partners'
distributions to foreign investors are subject to federal income
tax withholding at the highest effective tax rate.
This news release contains forward-looking statements. You can
generally identify forward-looking statements by our use of
forward-looking terminology such as "anticipate," "believe,"
"continue," "could," "estimate," "expect," "intend," "may,"
"might," "plan," "potential," "predict," "seek," "should," or
"will," or the negative thereof or other variations thereon or
comparable terminology. These forward-looking statements are only
predictions and involve known and unknown risks and uncertainties,
many of which are beyond our control. For a discussion of risk
factors which may affect our results, please see the risk factors
and other disclosures included in our Annual Report on
Form 10-K for the year ended Dec. 31,
2011, and any subsequently filed quarterly reports on Form
10-Q. These risks may cause our actual results, performance
or achievements to differ materially from any future results,
performance or achievements expressed or implied by these
forward-looking statements. Given these risks and uncertainties,
you are cautioned not to place undue reliance on such
forward-looking statements. The forward-looking statements included
in this press release are made only as of the date hereof. CVR
Partners undertakes no duty to update its forward-looking
statements.
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 (UAN) unit, and a dual-train
gasifier complex having a capacity of 84 million standard cubic
feet per day of hydrogen.
SOURCE CVR Partners, LP