M&A Deal Summary |
|
|---|---|
| Date | 2015-08-10 |
| Target | Rentech Nitrogen Partners |
| Sector | Chemicals |
| Buyer(s) | CVR Partner |
| Deal Type | Merger |
| Deal Value | 839M USD |
| Advisor(s) | Morgan Stanley (Financial) Latham & Watkins (Legal) |
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| Category | Company |
|---|---|
| Founded | 2007 |
| Sector | Chemicals |
| Employees | 316 |
| Revenue | 525M USD (2024) |
CVR Partners is a limited partnership focused primarily on the manufacture of nitrogen fertilizers. The company’s Coffeyville 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 1,300 ton-per-day ammonia unit, a 3,000 ton-per-day urea ammonium nitrate (UAN) unit and a dual-train gasifier complex having a capacity of 89 million standard cubic feet per day of hydrogen. The company’s East Dubuque nitrogen fertilizer manufacturing facility uses natural gas to produce nitrogen fertilizer and primarily includes a 1,025 ton-per-day ammonia unit and a 1,100 ton-per-day UAN unit. CVR Partners was founded in 2007 and is based in Sugar Land, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Chemicals M&A | 1 of 1 |
| Type: Merger M&A Deals | 1 of 1 |
| State: California M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2015 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |