Breakthrough Synthetic Fuel Technology From Syntroleum and Rentech Gains Traction
November 10 2011 - 8:16AM
Marketwired
With oil prices once again on the upswing, investors are once again
looking to the future of fuel. Synthetic fuels have garnered
significant attention this year, as revolutionary techniques from
companies such as Syntroleum and Rentech begin to provide
transitive technology in the renewable energy debate. The Bedford
Report examines the Synthetic Fuels Industry and provides stock
research on Syntroleum Corporation (NASDAQ: SYNM) and Rentech, Inc.
(NYSE Amex: RTK). Access to the full company reports can be found
at:
www.bedfordreport.com/SYNM www.bedfordreport.com/RTK
Synthetic fuels are liquid fuels that are derived from biomass,
coal, natural gas or oil shale as well as from solids such as
plastics or rubber waste. Speculating on these fuel sources is not
for the risk averse investor, but continued growth and high oil
prices put Syntroleum and Rentech as an alternative to natural gas
and oil investments.
The big news out of the industry this week is that United
Continental Holdings and Alaska Air announced plans to begin using
biofuel for the first time. Continental Airlines launched its first
flight on Monday from Chicago, and Alaska initiated two flights on
Wednesday from Seattle. The Alaska flight will use a fuel that's
20% biofuel produced by Dynamic Fuels LLC, a joint venture of Tyson
Foods and Syntroleum Corporation.
The Bedford Report releases investment research on the Synthetic
Fuels Industry so investors can stay ahead of the crowd and make
the best investment decisions to maximize their returns. Take a few
minutes to register with us free at www.bedfordreport.com and get
exclusive access to our numerous analyst reports and industry
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Syntroleum commercializes and licenses technologies to produce
synthetic liquid hydrocarbons. Over the summer China Petroleum
Chemical Corporation (Sinopec) and Syntroleum announced the grand
opening of the Sinopec/Syntroleum Demonstration Facility (SDF)
located in Zhenhai, China.
Rentech has a number of renewable or synthetic fuel projects in
the works and the company intends to sell renewable jet fuel to the
Canadian domestic markets and to airlines flying to Europe in order
to take advantage of government incentives for renewable fuels. For
the third quarter of fiscal year 2011, Rentech reported revenue of
$74.4 million, up from $50.5 million for the comparable quarter in
the prior year.
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