Rentech Nitrogen +3.5% on encouraging East Dubuque update

Rentech Nitrogen Partners (RNF +3.5%) confirmed late yesterday its estimate that it will take $1M-$2M to repair its ammonia synthesis loop that was recently damaged in a fire at its East Dubuque production facility.

RNF expects the "overwhelming majority" of the impact on deliveries of lost production due to the fire to occur in 2013, with minimal impact on previously forecast deliveries for 2014.

RNF continues to anticipate ammonia production at the increased rate of ~1,020 tons/day by the end of Jan. 2014.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs