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Rentech Nitrogen Partners, L.P. Announces Results for the Third Quarter 2015; Cash Distribution of $0.25 per Unit
November 9, 2015 4:15 PM ESTRevises 2015 Guidance
LOS ANGELES--(BUSINESS WIRE)-- Rentech Nitrogen Partners, L.P. (NYSE: RNF) today announced financial and operating results for the three and nine months ended September 30, 2015. The Partnership also announced a cash distribution of $0.25 per unit for the third quarter of 2015.
Keith Forman, CEO of Rentech Nitrogen, said, The third quarter operating results for Rentech Nitrogen were strong, especially in the context of year over year comparison. Demand for our products remained robust, East Dubuque produced a record quantity of ammonia, and our sales margins were... More
Rentech Announces Results for Third Quarter of 2015
November 9, 2015 4:15 PM ESTLOS ANGELES--(BUSINESS WIRE)-- Rentech, Inc. (NASDAQ: RTK) today announced financial and operating results for the three and nine months ended September 30, 2015.
Keith Forman, President and CEO of Rentech, stated, Financial and operating performance improved in our nitrogen, chipping and residential pellet businesses relative to last year. Cost discipline and higher efficiency are contributing to a significant turnaround at Fulghum Fibres from last year, with EBITDA for the year expected to exceed our guidance. We also expect NEWP to exceed our EBITDA guidance for the year, thanks to lower production costs and higher sales prices.... More
