Parent company of East Dubuque plant posts 3rd-quarter loss

EAST DUBUQUE, Ill. — The parent company of an East Dubuque nitrogen fertilizer facility reported a net loss of $20 million on net sales of $156 million for the third quarter of 2022.

CVR Partners this week reported that the loss compared to net income of $35 million on net sales of $145 million for the third quarter of 2021.

The firm has fertilizer plants in East Dubuque and Coffeyville, Kan. A plant turnaround is a scheduled stoppage of part of all of a plant’s operations, typically for maintenance or to replace equipment.

CVR Partners’ fertilizer facilities produced a combined 114,000 tons of ammonia during the third quarter of 2022.