Rentech to acquire Colorado methanol plant

01/17/2000
Rentech Inc., Denver, and Republic Financial Corp. Aurora, Colo., have signed a definitive agreement to acquire Sand Creek Chemical's 25 million gal/year methanol plant at Commerce City, Colo.Rentech-a gas-to-liquids (GTL) process technology developer-plans to convert the facility to a GTL plant that will produce synthetic diesel, naphtha, petroleum waxes, and other products via the Fischer-Tropsch (F-T) process.The plant is adjacent to a refinery owned by Conoco Inc. The purchase includes the methanol plant, all supporting infrastructure, buildings, and the 17-acre site.The plant will be owned by Sand Creek Energy LLC (SCE), a 50-50 joint venture of Rentech unit Rentech Development C...
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