Rentech announces changes to senior management

Sean Ebnet is no longer serving as the senior vice president of wood fibre and his last day with the Company will be September 30, 2015. Steve Roberts, managing director of Canada, who has led the team responsible for establishing and maintaining customer and commercial relationships for Rentech’s industrial wood pellet business, will now also lead growth initiatives for this segment of the fibre business. Mr. Roberts has an extensive background in the forest industry, with specific experience in operations management, biomass supply chain management and business development.

Dennis Corn, vice president of projects, is responsible for overseeing the completion of the Wawa and Atikokan projects to full production capacity. Mr. Corn is working with the teams on the ground in Ontario and a newly engaged independent engineering firm to identify and resolve the issues limiting full production of the Canadian projects. Mr. Corn’s career spans over 35 years, with a proven track record of successfully developing, managing and completing large complex projects, including natural gas fired, coal fired, geothermal, and biomass to power projects and coal and natural gas-to-liquids projects.

Kevin Cain will now serve as vice president of Rentech’s wood chipping business. In this role, Mr. Cain will focus on improving operating and financial performance at all 26 U.S. Fulghum Fibres mills, along with growing Fulghum’s wood chipping business in North America. His leadership at Fulghum has contributed to improved financial performance at the business this year. Mr. Cain is a long-time veteran of the paper and forest products industry, having held roles in forestry, supply chain management, operations and business development.

Mark Wilson, CEO of New England Wood Pellet (NEWP), will continue to manage NEWP’s four operating facilities and grow NEWP through acquisitions of wood pellet facilities in the commercial heating market.

Messrs. Roberts, Corn, Cain and Wilson will report to Keith Forman, president and CEO of Rentech, effective immediately.

Mr. Forman stated, “Today’s changes mark the beginnings of reorganizing Rentech. With the pending sale of our largest fertilizer asset, we are transitioning to a simpler, more cost-efficient organization model.”

Mr. Forman continued, “We are appreciative of Sean’s efforts in launching our diversified fibre strategy. I am confident the organizational changes I am implementing will create a focus on our operational and financial goals to position Rentech for success.”