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Fluor Awarded FEED Contract by Rentech for Rialto Biomass-to-Energy Project

Fluor Fluor Corporation has been awarded a contract by Rentech, Inc. to provide front-end engineering and design (FEED) services for the Rialto Renewable Energy Center (Rialto Project) located 50 miles east of Los Angeles. Fluor will book the undisclosed contract value in the second quarter of 2010.

Under the agreement, Fluor will perform FEED services for the facility and the project's supporting infrastructure. The Rialto Project, which will use green urban waste as feedstock, is expected to be the first commercial biomass gasification facility in the United States that will co-produce renewable electric power and synthetic diesel fuel.

"We are taking a leading role in the renewables energy space by assisting Rentech with this unique clean-fuel and power biomass project," said Dave Dunning, president of Fluor's Power Group. "We hope to assist Rentech to further develop this renewable energy project and take it from the design stage to reality."

"We are very pleased that a firm of Fluor's stature was our leading bidder and will be our FEED partner for our Rialto renewable energy project. Fluor's experience and expertise in gasification and Fischer-Tropsch projects will help us move quickly and efficiently through the design stage for what we expect to be the country's first commercial-scale renewable synthetic fuels and power facility," said D. Hunt Ramsbottom, president and CEO of Rentech.

The Rialto Project is designed to produce about 35 megawatts of base-load renewable electricity (enough energy to power approximately 30,000 homes) and 640 barrels-per-day of renewable, ultra-clean synthetic fuels from urban woody green waste, such as yard and tree trimmings. The life-cycle carbon footprint of the fuels and power is expected to be near zero, and the renewable power (RenPowerTM) meets the requirements of California's Renewable Portfolio Standard.

Fluor has executed more than 20 gasification projects globally and performed more than 150 gasification feasibility studies. In addition, Fluor has helped develop the major Fischer-Tropsch plants in operation today.

Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world's most challenging and complex projects. Through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenues of $22 billion in 2009.

Rentech, Inc., 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 and acid gas removal technologies are provided under an alliance with UOP, a Honeywell company. Rentech develops projects and pursues licenses of 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. Rentech has been recognized by Biofuels Digest as one of the 50 Hottest Companies in Bio-energy and has been named as one of the Biofuels Digest Companies of the Year for its recent innovations and achievements, particularly in aviation biofuels.

Published 24/06/2010

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