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Rentech’s Synthetic Jet Fuel Certified for Commercial Aviation
Dépèche transmise le 5 août 2009 par Business Wire
Rentech’s Synthetic Jet Fuel Certified for Commercial Aviation
LOS ANGELES--(BUSINESS WIRE)--Rentech, Inc. (NYSE AMEX: RTK) announced today that ASTM International’s full governance committee has unanimously approved modifying the specifications for commercial aviation jet fuel to include up to a 50/50 blend of synthetic Fischer-Tropsch jet fuel. The jet fuel certified by the Federal Aviation Administration (FAA) for use in commercial aircraft relies on ASTM’s specifications. Rentech’s jet fuel, RenJet®, qualifies under the approved specifications of synthetic jet fuel.
With the ASTM specifications, fuel derived using the Fischer-Tropsch process, including RenJet® produced from renewable or fossil feedstocks, is the first and currently only alternative jet fuel certified for use by the FAA. Rentech currently produces jet fuel at its Product Demonstration Unit that, when blended with petroleum-derived fuel, meets the ASTM International specifications. RenJet® is biodegradable, clean burning and virtually free of particulates, sulfur and aromatics.
D. Hunt Ramsbottom, President and Chief Executive Officer of Rentech, stated, “ASTM’s approval of synthetic jet fuel for use in commercial aviation marks the achievement of a significant milestone for Rentech, the commercial aviation industry and the country.” Mr. Ramsbottom continued, “Rentech is one of the few companies that has the technology to produce and supply these fuels to the commercial aviation market and the U.S. Air Force, which has already certified the use of synthetic fuels in most of its aircraft.”
About Rentech, Inc.
Rentech, Inc. (www.rentechinc.com), incorporated in 1981, provides clean energy solutions. The Company’s Rentech-SilvaGas biomass gasification process can convert multiple biomass feedstocks into synthesis gas (syngas) for production of renewable fuels and power. Combining the gasification process with Rentech’s unique application of proven syngas conditioning and clean-up technology and the patented Rentech Process based on Fischer-Tropsch chemistry, Rentech offers an integrated solution for production of synthetic fuels from biomass. The Rentech Process can also convert syngas from fossil resources into ultra-clean synthetic jet and diesel fuels, specialty waxes and chemicals. Final product upgrading is provided under an alliance with UOP, a Honeywell company. Rentech develops projects and licenses these technologies for application in synthetic fuels and power facilities worldwide. Rentech Energy Midwest Corporation, the Company’s wholly-owned subsidiary, manufactures and sells nitrogen fertilizer products including ammonia, urea ammonia nitrate, urea granule, and urea solution in the corn-belt region of the central United States.
Safe Harbor
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 about matters such as the certification, qualification and emissions of RenJet® as well as Rentech’s ability to produce and supply RenJet® for commercial aviation use and the U.S. Air Force. These statements are based on management's current expectations and actual results may differ materially as a result of various risks and uncertainties and other factors set forth in the Company's press releases and periodic public filings with the Securities and Exchange Commission, which are available via Rentech's web site at www.rentechinc.com. The forward-looking statements in this press release are made as of the date of this release, and Rentech does not undertake to revise or update these forward-looking statements, except to the extent that it is required to do so under applicable law.
For more information
Please contact: Julie Dawoodjee, Vice President of Investor Relations and Communications, Rentech, Inc. at 310-571-9800, extension 341, or by email at [email protected].
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