Rentech (RTK) Achieves Critical Milestone in Synthetic Jet Fuel Certification
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Rentech, Inc. (AMEX: RTK) announced today that the aviation fuels subcommittee of ASTM International, the standards development organization, yesterday passed specifications for synthetic jet fuel for commercial aviation use. The new jet fuel specification, once issued, will enable the use of fuels from the Fischer-Tropsch process, including Rentech's RenJet(R) synthetic jet fuel.
The subcommittee's passage sets the stage for final approval and certification of synthetic jet fuel specifications by the ASTM International's full governance committee, expected to occur this fall. Acceptance by the Federal Aviation Administration (FAA) will occur as part of the ASTM process. The specification calls for a 50/50 blend of synthetic Fischer-Tropsch fuels and petroleum-derived fuels.
Once approved, fuels produced from the Fischer-Tropsch process, including RenJet(R) produced from renewable and fossil feedstocks, will be the first and currently only non-petroleum derived jet fuel certified for use by commercial aircraft. Rentech's Product Demonstration Unit currently produces jet fuel that, when blended with petroleum-derived fuel, meets the ASTM International specifications passed by the subcommittee.
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