Article: Rentech Completes Its Acquisition of Royster-Clark Nitrogen, Inc.

Provides Initial Step for Company's United States Coal-to-Liquids Ultra-Clean Fuels Platform

DENVER and EAST DUBUQUE, Ill., April 26 /PRNewswire-FirstCall/ -- Rentech, Inc., announced today that it has completed the purchase of Royster-Clark Nitrogen, Inc. (RCN) from Royster-Clark, Inc., a wholly owned subsidiary of Agrium Inc., for approximately $70 million. The assets include an 830-ton-per-day ammonia fertilizer facility located in East Dubuque, Illinois, inventories of the plant, and working capital. The purchase price was $50 million in cash plus the net working capital acquired at closing of approximately $20 million.

The facility will be ...

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