Rentech Inc

Rentech will build its first commercial synthetic fuels plant utilizing the Rentech Process at the site of its proposed Strategic Fuels and Chemicals Complex in Adams County, Mississippi near the city of Natchez (“Natchez”). The Natchez facility, which will help meet the nation’s growing need for clean-burning, alternative transportation fuels, will be built in two phases. Rentech is targeting to complete Phase 1, the production of 1,600 barrels per day, in 2011 or earlier. Rentech is targeting to produce an additional 28,000 barrels per day during Phase 2 of the Natchez project.

Capitalized by $175M in bonds from State of Mississippi.

Rentech owns the full suite of proprietary patents.

This is very encouraging news.