Background: This is a first round, West Regional match-up between #7 seed Rentech and #10 seed BlueFire Renewables in the 2011 Transformative Technologies tourney, from Biofuels Digest. Voting: Open to all Biofuels Digest subscribers. Voting links are in the Biofuels Digest daily newsletter. To subscribe (free), visit here. The winner gets: Most votes advances to […]
In California, Rentech reported a 47 percent jump in Q3 revenue, to $74.4 million on higher prices for nitrogen fertilizer and higher sales volume of urea ammonium nitrate. The company reported net income of $7.9 million, or $0.04 per basic share, for the quarter, up from a net loss of $1.7 million in Q3 2010. […]
In California, Rentech Nitrogen Partners filed a registration statement with the US. Securities and Exchange Commission in connection with a proposed initial public offering of its common units representing limited partner interests. An application will be made to list the common units on the New York Stock Exchange under the symbol “RNF.” Rentech Nitrogen […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, gained 0.70 percent to 92.70 as Solazyme (SZYM) and Rentech led an advanced biofuels rally. For the day, Archer Daniels Midland (ADM) advanced 0.62 percent to $32.41, while Solazyme (SZYM) soared another 8.79 percent to $22.53 on its second day of trading. Among other […]
In California, Rentech (RTK) announced substantially improved results for the second quarter of fiscal year 2011 over the second quarter of fiscal year 2010 and reiterated guidance for the 2011 fiscal year. For the second quarter of fiscal year 2011, Rentech reported revenue of $23.6 million, up from $19.2 million for the comparable quarter in […]
“Crown support, First Nations, town and provincial support, all coming together. They’ve shown everyone how you get this done.” says Rentech CEO Hunt Ramsbottom, noting contrast between US, Canadian organization on biofuels commercialization. Can the US catch up? In Canada, Ontario has selected Rentech’s Olympiad Project in the Township of White River for proposed supply […]
In Washington, Rentech announced that it has given notice of exercise of its option to acquire a substantial majority of the equity of ClearFuels Technology, with existing ClearFuels investors retaining a minority interest. The transaction will be accomplished through the merger of a subsidiary of Rentech into ClearFuels, with ClearFuels continuing as the surviving company […]
In California, Rentech reports that it has reached agreements to settle all of the class action lawsuits pending in federal court and all of the shareholder derivative lawsuits pending in state and federal court against the Company and a number of its current and former directors and officers. The lawsuits relate to the Company’s restatement […]
In California, Rentech announced that the U.S. DOE Loan Guarantee Program Office (LGPO) has selected Rentech’s loan guarantee application for its proposed Rialto Renewable Energy Center for due diligence review. Rentech applied in February of 2010 for a loan guarantee for the Rialto Project as an advanced bio-refinery under the Section 1705 Title XVII Loan […]
In Florida, Biofuels Digest announced that LanzaTech, the partnership of Rentech and ClearFuels Technology, the partnership of Taurus Energy and SEKAB, and Renewable Energy Group won Technology of the Year awards, among this year’s roster of Biofuels Digest Award winners. Rentech and ClearFuels won for pre-pilot, LanzaTech for pilot-scale, Taurus and SEKAB for demonstration-scale, and Renewable […]
