Rentech (RTK) Misses Q3 EPS by 41c
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Rentech Announces Results for the Third Quarter of 2016
November 10, 2016 6:30 AM ESTWASHINGTON--(BUSINESS WIRE)-- Rentech, Inc. (NASDAQ: RTK) today announced financial and operating results for the third quarter of 2016.
Commenting on the quarter, Keith Forman, President and CEO of Rentech, stated, We completed the previously announced replacements of problematic conveyors and other maintenance and repairs at our Atikokan and Wawa plants in the third quarter. Atikokan is consistently operating at approximately 90% of capacity and we expect the plant to operate at an annualized rate of production of approximately 100,000 metric tons of pellets until such time that we have an economic justification to replace the... More
