At Rentech, we process natural resources into higher value products. We transform wood fibre into wood chips and wood pellets and natural gas and other products into nitrogen fertilizer. We operate 39 facilities in four countries and employ over 850 people.
Wood Fibre Processing
Through our wholly-owned subsidiary, Fulghum Fibres, Rentech offers a full range of integrated fibre services including, wood chipping, operations, marketing, trading and vessel loading. Over the past 25 years, Fulghum Fibres has grown to become one of the largest independent processors of wood fibre for the pulp, paper and packaging industry. We process approximately 15 million tonnes of wood and bark annually into high quality wood chips and residual fuels.
Rentech’s New England Wood Pellet subsidiary is the largest producer of bagged pellets for the growing U.S. heating market. Known for its high quality products, New England Wood Pellet commands an approximate 15% share of the market for heating pellets in the U.S. Northeast. The company is one of the largest suppliers of wood pellets to major retailers including Home Depot, Lowe’s, and Tractor Supply.
Rentech is developing pellet facilities in Eastern Canada to supply pellets to utilities in Canada and Europe under long-term contracts. In conjunction with these projects, Rentech secured a long-term arrangement for exclusive priority access at the Port of Quebec for handling, loading and storage of over 1 million tons of pellets annually.
Together, these businesses provide a complementary and strategic platform for diversified growth and leadership in the expanding global wood fibre industry.
Rentech manufactures nitrogen fertilizer products through its publicly-traded subsidiary, Rentech Nitrogen Partners. Rentech Nitrogen operates two strategically located fertilizer facilities in the U.S. The company’s fertilizer production facility in East Dubuque, IL primarily produces ammonia and UAN for farmers in the U.S. Corn Belt. Its facility in Pasadena, TX is the largest producer of synthetic ammonium sulfate in North America.
On March 5, 2014, we announced a definitive agreement with Sunshine Kaidi New Energy Group Co., Ltd. to sell our alternative energy technologies and decommissioned Product Demonstration Unit. The sale is expected to close in mid-2014. The transaction is subject to customary regulatory review.