Rentech Inc. releases results for the third quarter of 2016, reporting that the company completed the replacement of problematic conveyors and conducted other maintenance and repairs at both its Wawa and Atikokan Canadian industrial pellet plants.
On Aug. 10, Rentech released second quarter 2016 results, reporting improved pellet production at its Canadian plants, with average weekly production increasing 50 percent and 10 percent at Wawa and Atikokan, respectively, compared to quarter one.
On May 11, Rentech Inc. reported first quarter results significantly below historic levels, attributing a main reason as being the struggles faced by the domestic wood pellet industry in the face of a warm winter and low oil prices.
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Shares of Rentech, Inc. (NASDAQ: RTK) were trading higher by nearly 2 percent Monday afternoon as investors and traders found the company's liquidity announcement encouraging.
Rentech announced on Friday the closing of its previously announced...
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