CVR Partners LP, Sugar Land, Texas, on Oct. 23 reported a third-quarter net loss of $23 million ($0.20 per common unit) on net sales of $89 million, compared to the year-ago loss of $13 million ($0.12 per unit) and $80 million, respectively. Adjusted EBITDA was $18 million, down from $19 million. The company announced a $0.07 per unit cash distribution for the quarter.
CVR reported strong production coupled with higher UAN sales volumes and stronger UAN and ammonia product pricing over year-ago levels. The company said its East Dubuque, Ill., plant completed a turnaround in October and is now returning to full production.