In California, Rentech announced plans to cease operations at, reduce staffing at, and mothball its research and development Product Demonstration Unit, in Commerce City, CO, and to eliminate all related R&D activities. As a result of these changes, Rentech will eliminate 65 employee and contractor positions in the Company’s alternative energy segment during the first […]
In California, Rentech plans to cease operations at, reduce staffing at, and mothball its R&D Product Demonstration Unit, in Commerce City, CO, and to eliminate all related R&D activities. Its strategy is focused on more immediate growth opportunities within the energy industry that do not rely on new technologies. The Company’s focus on nearer-term profitable […]
Biofuels Digest has released the next wave of its 5-Minute Guides – a “news you can use” digest on the leading companies in biofuels. Each 5-Minute Guide provides a company description, 3 top milestones for 2010-12 and projected for 2012-14, description of the business model; plus project info (location, feedstocks, product set, processing technology, capacity, […]
Address: 10877 Wilshire Blvd. Suite 600, Los Angeles, CA 90024 Year founded: 1981 Company description: The Company’s Rentech-SilvaGas and Rentech-ClearFuels biomass gasification process can convert multiple biomass feedstocks into synthesis gas (syngas) for production of renewable fuels, power and chemicals. Combining the gasification process with Rentech’s application of syngas conditioning and clean-up technology and the patented […]
In California, Rentech reported consolidated net income of $.04 per share driven by strong fertilizer product prices, lower prices for natural gas, and reduced R&D expenses in the alternative energy segment. CEO Hunt Ramsbottom noted, “Rentech Nitrogen generated strong cash flow resulting in second quarter cash distributions of $1.17 per unit. Average prices for delivered […]
In California, Rentech has reported its Q1 financial results, with a net loss per share of $0.01. Revenue was 57% higher than estimated as warm weather has allowed farmers to begin using fertilizer earlier, allowing the company to monetize its principal asset, the East Dubuque fertilizer plant. The company has also scaled back its renewable […]
In California, Rentech announced consolidated net income of $1.7 million or $0.01 per share for the three months ended December 31, 2011. During the three months ended December 31, 2011, Rentech Nitrogen generated operating income of $22.6 million as compared to $14.6 million during the comparable period in the prior year. Raymond James analyst Pavel […]
In Colorado, Rentech recently celebrated the completion of a pilot-scale, biorefinery in Commerce City. The facility uses ClearFuels’ process to thermochemically convert a variety of feedstock types including wood waste, agricultural residue, and bagasse into renewable diesel and jet fuel. The facility is processing 20 tons of feedstock per day and was partially built with […]
In California, Rentech Nitrogen Partners, L.P. (Rentech Nitrogen) priced of its initial public offering of 15,000,000 common units representing limited partner interests at $20 per common unit. The common units are expected to begin trading on the New York Stock Exchange on November 4, 2011 under the ticker symbol “RNF.” In connection with the offering, […]
Background: This is a second round, West Regional match-up between #2 seed Codexis and #7 seed Rentech, in the 2011 Transformative Technologies tourney, from Biofuels Digest. Voting: Open to all Biofuels Digest subscribers. Voting links are in the Biofuels Digest daily newsletter. To subscribe (free), visit here. The winner gets: Most votes advances to the Sweet […]
