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CVR Energy Issues Statement Commenting on Investment by Carl Icahn

January 13 Jan 2012 | 09:49
 

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SUGAR LAND, Texas, Jan 13, 2012 (CRWENEWSWSIRE) — CVR Energy, Inc. (NYSE:CVI), a refiner and marketer of petroleum fuels and the majority owner of a nitrogen fertilizer products manufacturer, today issued the following statement in response to an investment in the company made by entities associated with Carl Icahn.

“We appreciate Mr. Icahn’s interest in CVR Energy and his shared view that the company is a valuable investment opportunity,” said Chief Executive Officer Jack Lipinski. “We welcome the views of all of our shareholders and routinely consider their thoughts on business and strategy as we pursue our common goal of increasing shareholder value.”

About CVR Energy, Inc.

Headquartered in Sugar Land, Texas, CVR Energy, Inc.’s subsidiary and affiliated businesses include an independent refiner that operates a 115,000 barrel per day refinery in Coffeyville, Kanas, and markets high value transportation fuels supplied to customers through tanker trucks and pipeline terminals, and a crude oil gathering system serving central Kansas, Oklahoma, western Missouri and southwest Nebraska. In addition, CVR Energy subsidiaries own a majority interest in and serve as the general partner of CVR Partners, LP, a producer of ammonia and urea ammonium nitrate, or UAN, fertilizers.

Source: CVR Energy, Inc.

 

For further information, please contact:

Investor Relations:

Media Relations:

Ed Morgan

Angie Dasbach

CVR Energy, Inc.

CVR Energy, Inc.

281-207-3388

913-982-0482

Or

MediaRelations@CVREnergy.com

Jay Finks

Or

CVR Energy, Inc.

Tom Johnson

281-207-3588

Abernathy MacGregor Group

InvestorRelations@CVREnergy.com

212-371-5999

 

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