Rentech Begins Second Phase of Industrial Off-Gas to Liquids Plant Study

Apr 12, 2001, 01:00 ET from Rentech, Inc.

    DENVER, April 12 /PRNewswire/ -- Rentech, Inc. (Amex:   RTK) announced today
 that it is commencing the second phase of the engineering study for the
 application of its patented and proprietary Fischer-Tropsch Gas-to-Liquids
 (GTL) process to convert industrial off-gas (IOG) into sulfur-free and
 aromatic-free GTL products with a major chemical company.
     In March 2001 Rentech and the major chemical company announced that they
 had completed a paid-for Phase I study and were seeking management's approval
 from the chemical company to proceed with Phase II.  The +/- 15% cost study
 will include more detailed engineering and define the off-take agreements.
 The second phase is estimated to take approximately 60 to 90 days to complete.
     Dennis L. Yakobson, president and CEO of Rentech, Inc. stated, "As we
 continue to move forward on this industrial off-gas opportunity we gain more
 confidence in the diverse abilities of the Rentech gas-to-liquids process and
 the flexibility of our iron-based catalyst.  It has become very apparent that
 with the high cost of natural gas in the United States as well as in other
 developed countries, a GTL process that can economically convert cheaper
 sources of domestic feedstocks like industrial off-gas, coal or refinery
 bottoms, into sulfur- and aromatic-free GTL fuels and other biodegradable
 products, is under serious consideration to fill the void not offered by other
 GTL providers."
 
     Rentech, Inc. is the developer and licensor of a patented and proprietary
 Fischer-Tropsch, gas-to-liquids process, for conversion of synthesis gas made
 from natural gas, industrial off-gas, or solid or liquid carbon-bearing
 materials into high-value fuels, products and chemicals.  These products
 include cleaner burning, sulfur- and aromatic-free diesel fuel, naphtha, waxes
 and fuel for fuel cells.
 
     Certain information presented herein may contain "forward-looking"
 statements as defined by the safe harbor provisions of the Private Securities
 Litigation Reform Act of 1995 and within the meaning of Section 27A of the
 Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
 Any number of important factors could cause actual results to differ
 materially from those in the forward-looking statements herein.  For more
 information concerning factors that could cause such a difference, see the
 Company's annual reports on Form 10K and 10-KSB and quarterly reports on Form
 10Q and 10-QSB, filed with the Securities and Exchange Commission.  Although
 Rentech believes its statements to be reasonable, investors are cautioned that
 such forward-looking statements involve risk and uncertainties.  The Company
 undertakes no obligation to publicly release the result of any revisions to
 any such forward-looking statements that may be made to reflect events or
 circumstances after the date hereof or to reflect the occurrence of
 unanticipated events.
 
     For more information, please contact:  Mark Koenig, Director of Investor
 Relations, Rentech, Inc. at 303-298-8008 or by E-mail at mkir@rentk.com or see
 the Company's web site at:  http://www.rentechinc.com.
 
 

SOURCE Rentech, Inc.
    DENVER, April 12 /PRNewswire/ -- Rentech, Inc. (Amex:   RTK) announced today
 that it is commencing the second phase of the engineering study for the
 application of its patented and proprietary Fischer-Tropsch Gas-to-Liquids
 (GTL) process to convert industrial off-gas (IOG) into sulfur-free and
 aromatic-free GTL products with a major chemical company.
     In March 2001 Rentech and the major chemical company announced that they
 had completed a paid-for Phase I study and were seeking management's approval
 from the chemical company to proceed with Phase II.  The +/- 15% cost study
 will include more detailed engineering and define the off-take agreements.
 The second phase is estimated to take approximately 60 to 90 days to complete.
     Dennis L. Yakobson, president and CEO of Rentech, Inc. stated, "As we
 continue to move forward on this industrial off-gas opportunity we gain more
 confidence in the diverse abilities of the Rentech gas-to-liquids process and
 the flexibility of our iron-based catalyst.  It has become very apparent that
 with the high cost of natural gas in the United States as well as in other
 developed countries, a GTL process that can economically convert cheaper
 sources of domestic feedstocks like industrial off-gas, coal or refinery
 bottoms, into sulfur- and aromatic-free GTL fuels and other biodegradable
 products, is under serious consideration to fill the void not offered by other
 GTL providers."
 
     Rentech, Inc. is the developer and licensor of a patented and proprietary
 Fischer-Tropsch, gas-to-liquids process, for conversion of synthesis gas made
 from natural gas, industrial off-gas, or solid or liquid carbon-bearing
 materials into high-value fuels, products and chemicals.  These products
 include cleaner burning, sulfur- and aromatic-free diesel fuel, naphtha, waxes
 and fuel for fuel cells.
 
     Certain information presented herein may contain "forward-looking"
 statements as defined by the safe harbor provisions of the Private Securities
 Litigation Reform Act of 1995 and within the meaning of Section 27A of the
 Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
 Any number of important factors could cause actual results to differ
 materially from those in the forward-looking statements herein.  For more
 information concerning factors that could cause such a difference, see the
 Company's annual reports on Form 10K and 10-KSB and quarterly reports on Form
 10Q and 10-QSB, filed with the Securities and Exchange Commission.  Although
 Rentech believes its statements to be reasonable, investors are cautioned that
 such forward-looking statements involve risk and uncertainties.  The Company
 undertakes no obligation to publicly release the result of any revisions to
 any such forward-looking statements that may be made to reflect events or
 circumstances after the date hereof or to reflect the occurrence of
 unanticipated events.
 
     For more information, please contact:  Mark Koenig, Director of Investor
 Relations, Rentech, Inc. at 303-298-8008 or by E-mail at mkir@rentk.com or see
 the Company's web site at:  http://www.rentechinc.com.
 
 SOURCE  Rentech, Inc.