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


To: Esoteric1 who wrote (14292)6/25/2007 2:01:04 PM
From: Esoteric1  Read Replies (2) | Respond to of 14347
 
Denbury, Rentech Ink Carbon Dioxide Deal
Monday June 25, 12:07 pm ET
Denbury Agrees to Buy Carbon Dioxide From Rentech

NEW YORK (AP) -- Denbury Resources Inc. on Monday agreed to acquire all the carbon dioxide captured from a synthetic fuel plant planned for construction in Natchez, Miss., by Rentech Inc.
The Dallas-based oil and gas company said it expects to buy between 350 million and 400 million cubic feet per day of captured carbon dioxide from Rentech, a byproduct of the proposed plant's anticipated production.

Under the agreement, Denbury will build a pipeline and transport the captured carbon dioxide, then inject it underground into depleted oil fields.

Denbury said it expects the base purchase price of the carbon dioxide to be slightly higher than the base price of carbon dioxide from its two other contracted synthetic sources.

Rentech and Denbury will share the value of any carbon dioxide emission reduction credits available as a result of the deal.

Denver-based Rentech develops and licenses Fischer-Tropsch, a gas-to-liquids-process, for the conversion of synthesis gas made from natural gas, industrial off-gas, or solid or liquid carbon-bearing materials into fuels, products and chemicals.

biz.yahoo.com



To: Esoteric1 who wrote (14292)6/29/2007 12:27:32 AM
From: Esoteric1  Respond to of 14347
 
Coal Gasification Plant Moves Forward with Changes in Power County

June 28, 2007 09:55 AM PDT


Plans to build a $2 billion coal gasification plant in Power County are moving forward but with a few changes. In about four years farmland south of Lamb Weston will be the home of what's called the Advanced Energy Center.

Despite the use of coal, the company says it will use all the pollutants from coal to make new products. Southeast Idaho Energy also says it will operate well within air quality standards. The company has secured water rights for one million gallons of water a day. It may also use wastewater to help with cooling.

The company president describes how the plans for the plant have changed.

Ramesh Raman/President, Southeast Idaho Energy: "We're no longer looking at a power facility. We're producing fertilizer products and diesel which are key to the region.

When both phases are done, the plant could produce 4,000 tons of fertilizer and 350,000 gallons of diesel fuel. Construction on the advanced energy center will start in 2008 and take three years to complete phase one.

During construction between 750-1,000 people will be employed. When the plant is done the company will need 150 employees with pay averaging $50,000 a year.

Southeast Idaho Energy is applying for building permits right now.
kpvi.com



To: Esoteric1 who wrote (14292)6/29/2007 12:27:33 AM
From: Esoteric1  Respond to of 14347
 
Coal Gasification Plant Moves Forward with Changes in Power County

June 28, 2007 09:55 AM PDT


Plans to build a $2 billion coal gasification plant in Power County are moving forward but with a few changes. In about four years farmland south of Lamb Weston will be the home of what's called the Advanced Energy Center.

Despite the use of coal, the company says it will use all the pollutants from coal to make new products. Southeast Idaho Energy also says it will operate well within air quality standards. The company has secured water rights for one million gallons of water a day. It may also use wastewater to help with cooling.

The company president describes how the plans for the plant have changed.

Ramesh Raman/President, Southeast Idaho Energy: "We're no longer looking at a power facility. We're producing fertilizer products and diesel which are key to the region.

When both phases are done, the plant could produce 4,000 tons of fertilizer and 350,000 gallons of diesel fuel. Construction on the advanced energy center will start in 2008 and take three years to complete phase one.

During construction between 750-1,000 people will be employed. When the plant is done the company will need 150 employees with pay averaging $50,000 a year.

Southeast Idaho Energy is applying for building permits right now.
kpvi.com



To: Esoteric1 who wrote (14292)6/29/2007 12:32:08 AM
From: Esoteric1  Read Replies (1) | Respond to of 14347
 
Coal Producers
Thursday June 28, 4:58 pm ET
Coal Producers Up As Key Energy Bill Goes to Vote and Analyst Starts FCL Coverage at "Buy"

NEW YORK (AP) -- Coal producer stocks gained momentum on Thursday, as a key energy bill went to congressional committee vote and a Banc of America Securities analyst initiated coverage of Foundation Coal Holdings Inc. with a "Buy" rating.
The House of Representatives energy and commerce committee started the amendment and voting process on its energy bill early Thursday, with the bill scheduled to hit the floor for a full House vote on July 9.

Friedman, Billings, Ramsey analyst Kevin Book said he estimates the bill could bring between $15 billion and $20 billion in tax credits for companies investing in alternative and renewable energy.

Also Thursday, Banc of America Securities analyst Daniel W. Scott initiated coverage of Foundation Coal Holdings at "Buy," saying the third-largest coal producer should benefit in the near-term from investments in the Powder River Basin, a region that spans southeast Montana and northeast Wyoming. The region offers benefits including low sulfur content, plentiful reserves and lower production costs, the analyst said.

Scott said his top picks in the coal sector are Arch Coal Inc. and Peabody Energy Corp., the nation's largest coal producer, because of their investments in the region.

Here how some key coal stocks did Thursday:

Peabody Energy, up $1.10, or 2.3 percent, to $48.16.

Massey Energy, up 32 cents to $26.14.

Consol Energy Inc., up 34 cents to $46.17

Arch Coal, up 7 cents to $34.46.

Foundation Coal Holdings, up 89 cents, or 2.3 percent, to $39.99.

Alpha Natural Resources Inc., up 81 cents, or 4.1 percent, to $20.66.

James River Coal Co., up 12 cents to $12.87

Fording Canadian Coal Trust, up $1.22, or 4 percent, to $31.74.

Questions or comments about this story should be directed to the Financial News desk of The Associated Press at 212-621-7190.
biz.yahoo.com