Cvr Energy Inc's Business Segments

CVR Energy, Inc. and, unless the context otherwise requires, its subsidiaries is a diversified holding company primarily engaged in the petroleum refining and nitrogen fertilizer manufacturing industries through its holdings in CVR Refining, LP ("CVR Refining" or the "Refining Partnership") and CVR Partners, LP ("CVR Partners" or the "Nitrogen Fertilizer Partnership"). The Refining Partnership is an independent petroleum refiner and marketer of high value transportation fuels. The Nitrogen Fertilizer Partnership produces and markets nitrogen fertilizers in the form of UAN and ammonia. We own the general partner and approximately 66% and 34% respectively, of the outstanding common units representing limited partner interests in each of the Refining Partnership and the Nitrogen Fertilizer Partnership. CVR Energys common stock is listed on the New York Stock Exchange ("NYSE") under the symbol "CVI," the Refining Partnerships common units are listed on the NYSE under the symbol "CVRR" and the Nitrogen Fertilizer Partnerships common units are listed on the NYSE under the symbol "UAN." As of December 31, 2016, Icahn Enterprises L.P. and its affiliates owned approximately 82% of our outstanding common stock.

CVR Energy, Inc. is a diversified energy and fertilizer company that operates two distinct business segments: refining and nitrogen fertilizer production. This comprehensive overview delves into the companys segments, products, and services in detail, highlighting their operations, capabilities, and contributions to the overall market.

Refining Segment

CVR Energy’s refining operations consist of two primary facilities: the Coffeyville Refinery and the Wynnewood Refinery.

Coffeyville Refinery
- Capacity & Operations: The Coffeyville refinery is rated for a capacity of 115,000 barrels per calendar day (bpcd). It employs various complex refining processes, including:
- Fractionation
- Catalytic Cracking
- Hydrotreating
- Reforming
- Coking
- Isomerization
- Alkylation
- Sulfur Recovery
- Propane and Butane Recovery

- Redundancies and Reliability: The refinery benefits from multiple redundancies, with two crude oil distillation and vacuum towers, three sulfur recovery units, and four hydrotreating units. Such redundancies ensure continuous operations and minimize downtime during maintenance or unplanned outages.

- Feedstock Processing Capabilities: The facility can process a wide range of crude oil types, from heavy sour to light sweet, enabling flexibility in sourcing feedstock.

- Product Outputs: The Coffeyville refinery produces a variety of refined petroleum products including:
- Gasoline
- Diesel
- Kerosene
- Propane
- Butane
- Sulfur
- Heavy oil
- Petroleum coke

- Throughput Achievements: In the fiscal year ending December 31, 2016, the Coffeyville refinery processed approximately 124,200 bpd of crude oil and 8,500 bpd of feedstocks and blendstocks.

Wynnewood Refinery
- Capacity & Operations: The Wynnewood refinery has a rated capacity of 70,000 bpcd and features:
- Fractionation
- Cracking
- Hydrotreating
- Hydrocracking
- Reforming
- Solvent Deasphalting
- Alkylation
- Sulfur Recovery
- Propane and Butane Recovery

- Redundancies: Similar to the Coffeyville facility, the Wynnewood refinery includes two crude oil distillation and vacuum towers and four hydrotreating units for enhanced operational reliability.

- Feedstock Processing Capabilities: The Wynnewood refinery can process medium sour to light sweet crude oil along with isobutane and gasoline components.

- Product Outputs: Key products from this refinery include:
- Gasoline
- Jet fuel
- Kerosene
- Propane
- Butane
- Propylene
- Sulfur
- Solvents
- Heavy oil
- Asphalt

- Throughput Achievements: For the year ending December 31, 2016, the Wynnewood refinery processed approximately 73,900 bpd of crude oil and 2,600 bpd of feedstocks and blendstocks.

Nitrogen Fertilizer Business

CVR Energys nitrogen fertilizer operations are conducted through the Nitrogen Fertilizer Partnership which operates two key manufacturing facilities.

Coffeyville Fertilizer Facility
- Location: Coffeyville, Kansas
- Production Capacity:
- 1,300 tons per day of ammonia
- 3,000 tons per day of UAN (urea ammonium nitrate)

- Gasification Process: Unique in North America, this facility utilizes a pet coke gasification process to produce hydrogen, which is a critical input for ammonia production.

- Product Outputs: The primary nitrogen fertilizer products produced include:
- UAN
- Ammonia

East Dubuque Fertilizer Facility
- Location: East Dubuque, Illinois
- Production Capacity:
- 1,075 tons per day of ammonia
- 1,100 tons per day of UAN

- Flexibility in Production: The facility has the capability to adjust its product mix based on market demands, allowing production of varying amounts of:
- UAN
- Nitric acid
- Liquid and granulated urea

Nitrogen Production Process
The nitrogen production process at the Coffeyville facility began in 2000 and was designed with redundancy in mind, employing two separate gasifiers to enhance reliability. The production of ammonia typically follows the gasification of pet coke into high-purity hydrogen, subsequently forming ammonia, with a substantial majority being converted into UAN due to its favorable market pricing.

Meanwhile, the East Dubuque facility, initially constructed in 1965 and expanded in 2014, makes use of natural gas for fertilizer production while maintaining flexibility to meet varying market needs.

Summary
CVR Energy, Inc. effectively operates two primary segments: refining and nitrogen fertilizer production, each with distinctive capabilities and operations structured to ensure efficiency, reliability, and product diversity. By leveraging state-of-the-art technologies and maintaining robust operational redundancies, CVR Energy remains a critical player in both the energy and agricultural sectors, catering to diverse market demands while contributing to food production through its nitrogen fertilizer output.