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

To: Dennis Roth who wrote (14314)	12/6/2007 5:05:19 AM
From: Dennis Roth	Respond to of 14347

Rentech puts East Dubuque plant on hold Emily Klein thonline.com EAST DUBUQUE, Ill. - California-based Rentech Inc., the parent company of Rentech Energy Midwest Corporation, announced Tuesday that its $1 billion-plus plan to convert the existing East Dubuque ammonia fertilizer plant to a coal-gasification facility has been put on hold, perhaps indefinitely. According to a press release distributed by Rentech Tuesday evening, the company now expects to build a Fischer Tropsch fuels facility in Natchez, Miss., instead of East Dubuque. The Mississippi facility will also utilize the gasification technology but on a much smaller scale than the company had planned for the East Dubuque plant. The decision was made as a result of "pressure" put on the Illinois plant by a lack of national policy on carbon dioxide emissions and associated unknown future costs, according to the release.

To: Dennis Roth who wrote (14314)	12/6/2007 5:07:49 AM
From: Dennis Roth	Respond to of 14347

Rentech Plans Move to Mississippi by Katie Wiedeamnn, Reporter kcrg.com Story Created: Dec 5, 2007 DUBUQUE - A small city in Mississippi is celebrating Wednesday night. But that means a huge loss for Jo Daviess County, Illinois. Rentech Incorporated's one billion dollar project scheduled to create hundreds of jobs in East Dubuque is moving to Natchez, Mississippi. Disappointment echoes through the community as the project promising a boom in the Jo Daviess County economy heads south. Rentech Energy Midwest President John Diesch said, "There were quite a few long faces when we had to make this announcement." The California based company had planned to transform its East Dubuque fertilizer plant. The change would have allowed the plant to make nitrogen fertilizer using coal rather than natural gas. But the company now says it's more expensive to build in the Midwest. Diesch said, "We aren't able to put the bank financial together because of the uncertainty and the cost of construction." Mike Kalmes is steaming today. He built a new restaurant across from the plant, expecting at least a thousand construction workers to break here for lunch. Kalmes said, “The thought process was because of the expansion at the chemical plant." And that frustration is being felt all over the county. County Supervisor Marvin Schultz said, "Loss of the, you know, tax base, school districts, townships, so forth." But Rentech says there is some silver lining. The plant will continue to operate as it has for decades and all current employees continue to keep their jobs.

To: Dennis Roth who wrote (14314)	12/6/2007 5:09:44 AM
From: Dennis Roth	Respond to of 14347

Rentech moves back timetable for East Dubuque project Associated Press - December 5, 2007 11:54 AM ET wandtv.com NATCHEZ, Miss. (AP) - Officials with Rentech Incorporated are pushing back the timetable for work on an Illinois coal-to-oil plant to speed up work on a smaller facility. Rentech project manager Joe Regnery says oil production should begin at the plant in Natchez, Mississippi, in 2011 instead of 2012. Originally, Rentech was first going to convert a natural gas-fed fertilizer plant in East Dubuque, Illinois, by the end of 2009 or 2010. Production would have started at 920 tons of fertilizer and 1,800 barrels of diesel a day. However, Regnery says the Natchez plant will now be built first because it will be smaller and require less equipment. He says Rentech had expected to spend $900 million to convert the Illinois plant. The expenses included installing a system to handle the vast amounts of carbon dioxide that are a byproduct. Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

To: Dennis Roth who wrote (14314)	12/6/2007 5:12:48 AM
From: Dennis Roth	Respond to 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.