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Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel -- Ignore unavailable to you. Want to Upgrade?


To: Howard Williams who wrote (13687)3/31/2000 3:02:00 PM
From: vpelt  Read Replies (2) | Respond to of 14347
 
Rentech, Inc. Signs MOU for Sand Creek Fuel Cell Project

DENVER, Mar 31, 2000 /PRNewswire via COMTEX/ -- Rentech, Inc. (OTC Bulletin
Board: RNTK) today announced the signing of a memorandum of understanding with
FuelCell Energy, Inc. (AMEX: FCL) to immediately begin a feasibility study for
the siting of an up to 9,000 kW commercial scale fuel cell power plant at the
Sand Creek Energy, LLC. (SCE) location in Commerce City, Colorado.

SCE is developing a plan to convert the existing methanol plant at Sand Creek
into a gas-to-liquids facility capable of producing from eight hundred to one
thousand barrels per day of high value fuels and products including clean
burning sulfur and aromatic-free diesel fuel made from natural gas. Recent
studies have found that the fuels made from GTL processes, such as Rentech's,
are also excellent feedstock fuels for fuel cells. GTL fuels contain no sulfur,
aromatic compounds or metals which can contaminate a fuel cell stack.
Furthermore, GTL fuels contain almost twice as much hydrogen as other potential
liquid fuel cell feedstocks including methanol.

Rentech views Sand Creek as an initial showplace to demonstrate both Rentech's
GTL and FuelCell Energy's fuel cell technologies at commercial scale. If the
plant is completed, Sand Creek would be home to one of the largest commercial
scale fuel cell power plants in the world. Rentech anticipates that the "GREEN"
electricity generated from the fuel cell could be sold directly into the local
power grid.

Rentech has identified market niches where the use of the sulfur-free GTL
products produced by Rentech's iron-based GTL technology as feed to FuelCell
Energy's fuel cells can provide clean power. This joining of the two
technologies could be applicable where local conditions require little or no
harmful emissions. Examples are hospitals, EPA-designated non-attainment areas
and remote locations, "the island power concept," i.e., areas where an adequate
and reasonable cost supply of sulfur-free natural gas may not be available.

Rentech, Inc., Denver, Colorado, incorporated in 1981, is the developer and
licensor of a patented and proprietary Fischer-Tropsch, gas-to-liquids process,
for conversion of synthesis gas made from natural gas, solid or liquid carbon
bearing materials into high value fuels, products and chemicals. These products
include cleaner burning, sulfur and aromatic-free diesel fuel, naphtha and
waxes.

Certain portions of this release may contain "forward-looking" statements as
defined by the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995 and within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934. Any number of
important factors could cause actual results to differ materially from those in
the forward-looking statements herein. These include obtaining financing for the
project, the successful operation of the technologies and sales of electric
power. For more information concerning factors that could cause such a
difference, see the Company's annual report on Form 10-KSB and quarterly reports
on Form 10-QSB, filed with the Securities and Exchange Commission. Although
Rentech believes its statements to be reasonable, investors are cautioned that
such forward-looking statements involve risk and uncertainties. The Company
undertakes no obligation to publicly release the result of any revisions to any
such forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.

For more information please contact: Mark Koenig, Director of Investor
Relations, Rentech, Inc. at 303-298-8008 or E-mail at mkir@rentk.com, or see the
Company's web site at: rentechinc.com.

SOURCE Rentech, Inc.

(C) 2000 PR Newswire. All rights reserved.

prnewswire.com
-0-

CONTACT: Mark Koenig, Director of Investor Relations of Rentech, Inc.,
303-298-8008, mkir@rentk.com

KEYWORD: Colorado
INDUSTRY KEYWORD: OIL
ENV

URL: rentechinc.com



To: Howard Williams who wrote (13687)3/31/2000 9:16:00 PM
From: LAWRENCE C.  Respond to of 14347
 
When RNTK becomes marginable at above $5, I'll sure have lots of buying power.



To: Howard Williams who wrote (13687)4/2/2000 3:28:00 PM
From: Jimmyjohn  Read Replies (2) | Respond to of 14347
 
I know very little about RNTK but what I have been reading today sounds very exciting. These questions may be common knowledge for the posters on this thread but would appreciate any info.

Using the GTL technology what is the cost per gallon for generating diesel fuel and how does it compare with refining crude oil at today's prices?

What is the market for some of the other products and what are the cost comparisons?

Is there any way gasoline can be produced using this technology? If so at what cost per gallon?

Apologize in advance if these questions have been discussed before. Had problems trying to download RNTK's web page. JJ