Rentech(RTK) - gas-to-liquids and cleaner fuel Message Board

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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel

RTK 0.200

+5.3%

Oct 13 5:00 PM EST

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To: Dennis Roth who wrote (14314)	12/6/2007 5:12:48 AM
From: Dennis Roth	of 14347

Company confirms plan to build $3.4 billion fuel plant By Jack Mazurak jmazurak@jackson.gannett.com December 5, 2007 clarionledger.com Los Angeles-based Rentech Inc. today made official its plans to build a $3.4 billion synthetic fuels plant outside Natchez but said it killed plans for a similar facility in Illinois. Rentech had planned to convert a fertilizer facility in East Dubuque, Ill., into a coal-to-gas plant before building in Mississippi. Company executives said, in a statement, the decision to nix the Illinois conversion will save money. Additionally, the Natchez plant will be more efficient and environmentally friendly than the Illinois plant could have been, the release stated. Rentech and Adams County representatives in October all but confirmed the Natchez plant when Rentech signed a commitment to buy 450 acres of the former International Paper mill property just south of the city. No construction start date was released. The company plans to finish the plant’s first phase, production of 1,600 barrels a day, by 2011. A second phase would add another 28,000 barrels a day. Gas produced at the Natchez plant will be chemically converted to ultra-low sulfur liquid for further refinement into diesel, jet fuel and specialty waxes. Adams County officials have not responded to an open-records request The Clarion-Ledger submitted in October seeking details of the land transaction and correspondence with Rentech. Although plans for the Illinois facility are off, Rentech said it will continue the permitting process and applying for grants in Illinois in case market and public policy factors change. Rentech had lobbied for construction of a carbon dioxide pipeline in the Midwest.

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