LOS ANGELES--(BUSINESS WIRE)--Nov. 18, 2009--
Rentech, Inc. (NYSE AMEX:RTK) is pleased to announce today that it has
appointed John A. Williams to the Company’s Board of Directors effective
Mr. Williams has over 40 years of business experience, principally in
the real estate and banking industries. Since 2004, Mr. Williams has
served as the Chief Executive Officer, President and Managing Member of
Corporate Holdings, LLC, a diversified holdings company, and since
November 2004, he has served as Chief Executive Officer and Managing
Member of Williams Realty Advisors, LLC, a real estate fund advisor to
over $3 billion in assets. Mr. Williams also has nearly 20 years of
alternative energy experience stemming from his investment in the
biomass gasification company SilvaGas Corporation, which was acquired by
Rentech in June 2009, creating an unmatched capability to transform
biomass resources into renewable low-carbon certified drop-in fuels.
In 1970, Mr. Williams founded Post Properties, Inc., a developer, owner
and manager of upscale multifamily apartment communities in selected
markets in the United States. He took the company public in 1993 and
served as its Chief Executive Officer from 1970 until 2002, and served
on its Board of Directors from inception until 2004.
Mr. Williams currently serves on the Board of Directors of the Atlanta
Falcons of which he is also a minority owner. He previously served on a
variety of Boards of Directors, including those of NationsBank
Corporation, Barnett Banks, Inc. and Crawford & Company.
During his career, Mr. Williams has received 40 awards, honors and
medals, including being named “Entrepreneur of the Year” by both the
Stanford Business School and Ernst & Young. He has also been given The
Wall Street Transcript “CEO Award for Commercial Real Estate” and has
been named “CEO of the Year” by Financial World. Most recently, Mr.
Williams was inducted into the Georgia State University J. Mack Robinson
College of Business Hall of Fame as well as the Georgia Institute of
Technology College of Management Hall of Fame.
Commenting on Mr. Williams’ appointment to the Company’s Board of
Directors, D. Hunt Ramsbottom, President and Chief Executive Officer of
Rentech, stated, “We are pleased that Mr. Williams has joined Rentech’s
Board of Directors. His entrepreneurial and leadership experience as
well as his proven track record of growing companies will serve Rentech
well as we commercialize our technologies and grow into a multi-national
company offering clean energy solutions.”
Mr. Williams said, "Rentech is one of the most exciting companies I have
had the pleasure of being involved with and I look forward to serving on
its Board of Directors."
About Rentech, Inc.
Rentech, Inc. (www.rentechinc.com),
incorporated in 1981, provides clean energy solutions. The Company's
Rentech-SilvaGas biomass gasification process can convert multiple
biomass feedstocks into synthesis gas (syngas) for production of
renewable fuels and power. Combining the gasification process with
Rentech's unique application of syngas conditioning and clean-up
technology and the patented Rentech Process based on Fischer-Tropsch
chemistry, Rentech offers an integrated solution for production of
synthetic fuels from biomass. The Rentech Process can also convert
syngas from fossil resources into ultra-clean synthetic jet and diesel
fuels, specialty waxes and chemicals. Final product upgrading is
provided under an alliance with UOP, a Honeywell company. Rentech
develops projects and licenses these technologies for application in
synthetic fuels and power facilities worldwide. Rentech Energy Midwest
Corporation, the Company's wholly-owned subsidiary, manufactures and
sells nitrogen fertilizer products including ammonia, urea ammonia
nitrate, urea granule, and urea solution in the corn-belt region of the
central United States.
Source: Rentech, Inc.
Vice President of Investor
Relations and Communications
310-571-9800, extension 341