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


To: The Street who wrote (10329)10/8/1998 3:53:00 PM
From: Emec  Read Replies (1) | Respond to of 14347
 
Made Dow Jones wire

Rentech Inc.
Dow Jones Newswires -- October 8, 1998
Rentech Licenses Gas-To-Liquids Tech To Texaco

DENVER (Dow Jones)--Rentech Inc. (RNTK) agreed to license its Fischer-Tropsch gas-to-liquids technology to Texaco Inc. (TX).

Financial terms weren't disclosed.

In a press release Thursday, Rentech said Texaco will use the gas-to-liquids technology to produce liquid hydrocarbon products.

The two companies will share revenues from plants licensed under the agreement.

Texaco received an exclusive license, except in India, to use and sublicense the Rentech Process technology in certain projects.

Rentech retains the right to license for 100% natural gas feedstock.

Rentech converts natural gas and other carbon-bearing gases and solids into liquid hydrocarbons and licenses its gas-to-liquid technology.