Rentech (RTK) Advances Bio-Energy Strategy Through Acquisition of SilvaGas and Investment in ClearFuels
More News related to RTK
- Rentech Schedules Fiscal 2010 First Quarter Conference Call
- Rentech (RTK) Announces $50M Common Offering
- Rentech Announces Conference Schedule for February 2010
- Rentech Energy Midwest Corporation Completes $62.5 Million Debt Financing
- ClearFuels Tech. and Rentech (RTK) Joint Venture Awarded $22.6M from U.S. DoE
More News related to Mergers and Acquisitions
- Airgas (ARG) Rejects Air Products (APD) Takeover Bid
- Sony (SNE) Subsidiary Acquires iCyt Mission Tech
- Audiovox Corp. (VOXX) Acquires Assets of Invision Industries
- Morningstar (MORN) Buys Footnoted.org
- Volcano Corp. (VOLC) Acquires Xtract Catheter Device from Lumen Biomed
Rentech, Inc. (NYSE: RTK) announced that it has completed two investment agreements with biomass gasification technology companies. These agreements represent major steps forward in Rentech's strategy of offering integrated solutions for the conversion of various types of urban and rural biomass feedstocks into high-value energy products such as renewable synthetic jet fuel, diesel fuel and electric power.
Rentech has signed a definitive agreement to acquire 100% of SilvaGas Corporation (SilvaGas) and its commercial-scale biomass gasification technology, which converts urban waste feedstocks into synthesis gas (syngas).
With the SilvaGas acquisition, Rentech acquires a biomass gasification technology that has operated at commercial scale and is planned for deployment at Rentech's Rialto Renewable Energy Center under a licensing agreement with SilvaGas.
Related Categories
Corporate NewsMergers and Acquisitions
Stocks Mentioned
+0.04Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
