To: Esoteric1 who wrote (59 ) 12/13/2003 1:01:00 PM From: Julius Wong Respond to of 302 Rentech Signs Technical Services Agreement With Clean Coal Power Resources, Inc. for Coal-to-Liquids Plant in Southern Illinois Thursday December 11, 9:01 am ET DENVER, Dec. 11 /PRNewswire-FirstCall/ -- Rentech, Inc. (Amex: RTK - News) today announced the execution of a Technical Services Agreement with Clean Coal Power Resources Inc. (CCPRI) of Louisville, Kentucky in support of a project to produce up to 190,000 barrels per day of Fischer-Tropsch liquids from coal in Southern Illinois. The Agreement sets forth the terms and conditions under which Rentech will provide technical services to CCPRI as directed by them, as Owner, or as directed by the Owner's designated engineering firm. ADVERTISEMENT CCPRI, the project developer and owner, intends to implement Rentech's technology to produce ultra low sulfur- and aromatic-free fuels from synthesis gas, a mixture of hydrogen and carbon monoxide, made from Southern Illinois coal at its (CCPRI's) proposed $2.5 billion Phase 1 coal-to-electricity and fuels project to be located in Vandalia, Illinois. Phase 1 of this project will entail: the development of a world-class coal mine; the construction of a coal gasification plant to produce clean synthesis gas from the coal to be used to generate power; and, the production of approximately 40,000 barrels per day of naphtha and clean diesel fuel using the Rentech GTL Process technology. Phase 1 of this project is tentatively scheduled to be in commercial production before the end of 2007. Commenting on the project Dennis L. Yakobson, President and CEO of Rentech, stated, "The Clean Coal Power Resources' project provides Rentech with an outstanding opportunity to deploy its GTL technology in the United States. Up to this point most GTL projects have been proposed outside the US due to the need for project developers to acquire cheap natural gas as their feedstock. The Rentech process, however, is well suited for converting synthesis gas made from coal. CCPRI's Vandalia, Illinois project should demonstrate that new clean coal gasification technologies combined with gas-to-liquids processes can efficiently produce cleaner energy while reducing plant emissions than can conventional processes of coal fired energy production."biz.yahoo.com