CVR Partners, LP produces and distributes nitrogen fertilizer products, which are used primarily by farmers to improve the yield and quality of their crops. The company’s principal products are urea and ammonium nitrate (UAN) and ammonia. CVR GP, LLC serves as a general partner of the company. The company is a subsidiary of Coffeyville Resources, LLC. The company’s product sales are heavily weighted toward UAN and all of its products are sold on a wholesale basis. The company’s facility includes a 1,225 ton-per-day ammonia unit, a 3,000 ton-per-day UAN unit and a gasifier complex having a capacity of 84 million standard cubic feet per day of hydrogen. The company purchases most of its pet coke from CVR Refining pursuant to a long-term agreement having an initial term that ends in 2027, subject to renewal. Distribution, Sales, and Marketing The primary geographic markets for the company’s fertilizer products are Kansas, Missouri, Nebraska, Iowa, Illinois, Colorado, and Texas. It markets the ammonia products to industrial and agricultural customers, and the UAN products to agricultural customers. Customers The company sells UAN products to retailers and distributors. It also sells ammonia to agricultural and industrial customers. Its major customers include Gavilon Fertilizer, LLC; United Suppliers, Inc.; Crop Production Services, Inc.; J.R. Simplot, Inc.; Interchem; and MFA. Suppliers The company has a pet coke supply agreement with HollyFrontier Corporation. Seasonality Because the company primarily sells agricultural commodity products, its business is exposed to seasonal fluctuations in demand for nitrogen fertilizer products in the agricultural industry. As a result, the company typically generates greater net sales in the first half of the calendar year, which it refers to as the planting season, and its net sales tend to be lower during the second half of each calendar year, which it refers to as the fill season. Trademarks, Trade Names, and Service Marks The company’s trademarks include Coffeyville Resources, the Coffeyville Resources logo, the CVR Partners, LP logo, the CVR Refining, LP logo and the CVR Energy, Inc. logo, each of which is registered or for which the company is applying for federal registration with the United States Patent and Trademark Office. Competition The company’s major competitors include Agrium, Inc.; Koch Nitrogen Company, LLC; Potash Corporation of Saskatchewan, Inc.; CF Industries Holdings, Inc.; and Terra Nitrogen Company, LP. Environmental Matters The Federal Clean Air Act The federal Clean Air Act and its implementing regulations, as well as the corresponding state laws and regulations that regulate emissions of pollutants into the air, affect the company through the federal Clean Air Act's permitting requirements and emission control requirements relating to specific air pollutants, as well as the requirement to maintain a risk management program to help prevent accidental releases of certain substances. The regulation of air emissions under the federal Clean Air Act requires that the company obtains various construction and operating permits and incur capital expenditures for the installation of certain air pollution control devices at its operations. Various regulations specific to the company’s operations have been implemented, such as National Emission Standard for Hazardous Air Pollutants, New Source Performance Standards, and New Source Review. Release Reporting The U.S. Environmental Protection Agency has conducted inspections and issued information requests to the company with respect to its compliance with release reporting requirements under the Comprehensive Environmental Response, Compensation and Liability Act, and the Emergency Planning and Community Right-to-Know Act. Safety, Health, and Security Matters The company is subject to various federal and state laws and regulations related to safety, including the Occupational Safety and Health Administration Act (OSHA), and comparable state statutes, the purpose of which are to protect the health and safety of workers. The company is also subject to OSHA Process Safety Management regulations. History CVR Partners, LP, a Delaware limited partnership, was founded in 2007 by CVR Energy, Inc.
cvr partners lp
(3CV:Berlin Stock Exchange)
2277 Plaza Drive
Sugar Land, TX 77479
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