East Dubuque Nitrogen Fertilizer LLC has reported increased sales and net income in the final quarter of 2021 compared to the previous year. Its parent company, CVR Partners reported net sales of $189 million and net income of $61 million for the fourth quarter. That compared to net sales of $90 million and a net loss of $17 million during the same period last year. In a report, Mark Pytosh, CEO of CVR Partners, said that pricing continued to strengthen in the fourth quarter and he expects the momentum to continue into the spring 2022 planting season. The company also announced a fourth-quarter cash distribution of $5.24 per common unit, to be paid March 14th to unitholders of record as of March 7th.
Increased Sales For East Dubuque Nitrogen Fertilizer LLC
Feb 22, 2022 | 6:25 PM
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