CVR reports strong nitrogen results for 4Q,year;UAN expansion deferred

摘要

CVR Energy Inc.'s nitrogen business excelled in the fourth quarter and the year ending Dec.31,2008,to help offset some negative numbers from the company's refining business.Even in the fourth quarter,which included the economic downturn,the nitrogen business reported operating income of 21.2 million on sales of 67.4 million,up from the year-ago 11.7 million and 50.8 million,respectively.While nitrogen tons sold were off slightly,higher selling prices kept the unit ahead of the year-ago quarter.