Rentech, Inc. (AMEX:RTK)
CAPS Rating:
The Company offers energy independence technologies utilizing domestic resources to economically produce ultra-clean synthetic fuels.
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The Company offers energy independence technologies utilizing domestic resources to economically produce ultra-clean synthetic fuels.
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From Rentech's Q2 results. "Olympiad project, scheduled to be in service in 2015, will be designed using the Rentech-ClearFuels gasification system and the Rentech Process to produce the only type of alternative jet fuel certified for use in commercial aviation today... After working closely with the SDTC for over a year, our application was formally accepted and is currently in review. If approved, the federal program could fund up to CAD $200 million of the Olympiad Program's development and construction costs, which would be repaid without interest from a percentage of the projects cash flows." As well as other on-going projects at Rialto and Port St. Joe. They have an attractive outlook with phased projects coming online in the next couple years. I believe this is a great opportunity to score an emerging stock at an unbelievable price.