Nov 11, 2015. /Lesprom Network/. Rentech, Inc. announced financial and operating results for the three and nine months ended September 30, 2015. Consolidated revenues for the 3Q 2015 were $80.3 million, compared to $76.2 million in the prior year period. Consolidated revenues for the nine months ended September 30, 2015 were $226.9 million, compared to $195.2 in the prior year period, as the company said in the press release received by Lesprom Network.

Consolidated Adjusted EBITDA for the 3Q 2015 was $18.2 million, compared to $5 million in the prior year period. Consolidated Adjusted EBITDA for the nine months ended September 30, 2015 was $76.9 million, compared to $32.3 million in the prior year period.

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.”

Rentech, Inc. owns and operates wood fibre processing, wood pellet production and nitrogen fertilizer manufacturing businesses. Rentech offers a full range of integrated wood fibre services for commercial and industrial customers around the world, including wood chipping services, operations, marketing, trading and vessel loading, through its subsidiary, Fulghum Fibres.