Wednesday, October 3, 2007
Rentech Proceeds with Purchase of Site for Commercial Scale Synthetic Fuels Facility
Los Angeles, CA, based Rentech, Inc. (AMEX:RTK) announced that it has received approval from the Adams County Board of Supervisors to proceed with the acquisition of approximately 450 acres in Adams County, Mississippi. Rentech intends to build its Natchez Strategic Fuels and Chemicals Center at the site. The facility will produce Rentech’s ultra-clean synthetic transportation fuels and specialty chemicals. D. Hunt Ramsbottom, Rentech’s President and Chief Executive Officer stated, “We are pleased to have located this site for our synthetic fuels and chemicals facility. The site is ideally located with access to multiple feedstocks (pet coke, coal and biomass), central to several product distribution channels including a CO2 pipeline that services enhanced oil recovery in the region and outside of the direct impact zone of Gulf Coast hurricanes.” Rentech, Inc. (www.rentechinc.com), incorporated in 1981, provides clean energy solutions. The Company has developed and patented the Rentech Process which transforms under-utilized domestic energy resources into valuable and clean alternative fuels and chemicals. These energy resources include coal, petroleum coke, biomass and municipal solid waste.