Profile: Rentech Inc (RTK)

Rentech, Inc., incorporated in 1981, is focused on providing clean energy solutions. The Company is focusing on the deployment of the Rentech Process and the Rentech-SilvaGas biomass gasification technology (Rentech-SilvaGas Technology) through both licensing of its technology and development of facilities to produce synthetic fuels and chemicals, natural gas substitutes, and electric power from renewable and fossil feedstocks. The Rentech Process, based on Fischer-Tropsch chemistry, is a technology that converts synthesis gas (syngas), which can be manufactured from a variety of waste, biomass and fossil resources, into hydrocarbons. These hydrocarbons can be processed and upgraded into ultra-clean synthetic fuels, such as military and commercial jet fuels and ultra low sulfur diesel, as well as specialty waxes and chemicals. It also owns and operates a nitrogen fertilizer plant in East Dubuque, Illinois. On June 30, 2009, it acquired SilvaGas Holdings Corporation (SilvaGas). On June 23, 2009, it acquired 25% interest in ClearFuels Technology Inc. (ClearFuels).

The Company operates in two business segments: nitrogen products manufacturing and alternative energy. In nitrogen products manufacturing, the Company manufactures a variety of nitrogen fertilizer and industrial products. In alternative energy, the Company develops and markets processes for conversion of low-value, carbon-bearing solids or gases into valuable hydrocarbons and electric power. The Company’s nitrogen products manufacturing segment provides revenue from sales of various nitrogen fertilizer products manufactured at its East Dubuque Plant, primarily utilized in corn production. The East Dubuque Plant is designed to produce anhydrous ammonia, nitric acid, urea liquor, ammonium nitrate solution, granular urea and carbon dioxide using natural gas as a feedstock. The alternative energy segment generates revenues for technical services related to the Rentech technologies. Through its wholly owned subsidiary, Rentech Energy Midwest Corporation (REMC), located in East Dubuque, Illinois, the Company manufactures and sells within the corn-belt region of the United States natural gas-based nitrogen fertilizer products.

The Company competes with ExxonMobil, the Royal Dutch/Shell group, Statoil, BP and Sasol.