Rentech, Inc. (Amex: RTK - News) has commented on the landmark test flight (previous post) by the Air Force of a B-52 utilizing Fischer-Tropsch (FT) fuels at Edwards Air Force Base. The Company believes this is an important step in the development of the coal-to-liquids (CTL) clean synthetic fuels industry for the United States and the U.S. military to ensure both energy security and the security of the country's borders. Rentech believes it is uniquely positioned to be the first domestic CTL technology provider with the ability to deliver commercial quantities of these synthetic fuels made from coal.
The U.S. Military has affirmed that it wants to implement the use of FT fuels made from coal mined in the U.S. "This is an extremely important moment," said Michael A. Aimone, the Air Force Assistant Deputy Chief of Staff for Logistics in articles in the Los Angeles Times and San Jose, Mercury News. "Our goal is by 2025 to have 70 percent of our aviation fuel coming from coal-based sources."
Rentech, a leading domestic provider of CTL technologies, currently has four Company directed domestic CTL projects in various stages of commercial development, including two in scoping and feasibility with Peabody Energy, and a fifth project under license in Wyoming. The potential gross production capacity of these plants is in excess of 100,000 barrels per day of synthetic fuels from coal and the company has additional potential projects in the initial scoping phase.