Rentech (RTK) Announces $50M Common Offering

Rentech, Inc. (NYSE: RTK) entered into an Equity Distribution Agreement with Knight Capital Markets LLC. Pursuant to the terms of the Agreement, the Company may offer and sell from time to time through KCM, as the Company’s sales agent, up to $50 million of shares of the Company’s common stock, par value $0.01 per share. KCM is not required to sell any specific number or dollar amount of Shares but will use its commercially reasonable efforts, as the Company’s agent and subject to the terms of the Agreement, to sell the Shares offered, as instructed by the Company. Sales of the Shares, if any, may be made by means of ordinary brokers’ transactions on the NYSE AMEX at market prices and such other sales as agreed to by the Company and KCM. KCM will receive from us a commission of 1.5% based on the gross sales price per share for any Shares sold through it as agent under the Agreement. Net proceeds from the sale of the Shares will be used for general corporate purposes.

The offering of Shares pursuant to the Agreement will terminate upon the earliest of (i) August 2, 2010, (ii) the sale of all Shares subject to the Agreement and (ii) the termination of the Agreement by the Company or KCM.

The Shares will be issued pursuant to the Company’s shelf registration statement (the “Registration Statement”) on Form S-3 (File No. 333-158256), which became effective on May 20, 2009.