Rentech year in loss column, 4Q improves; CEO says East Dubuque couid have larger footprint

摘要

Rentech Nitrogen Partners LP posted a 2014 loss of $ 1.06 million ($0.03 per basic and diluted unit) on revenues of $334.6 million, compared to 2013 net income of $4.07 million ($0.10 per unit) and $311.4 million, respectively. "Our production volumes in 2014 were below our expectations, which hurt results," said Keith Forman, Rentech Nitrogen CEO. "We had unplanned downtime at the East Dubuque facility. At our Pasadena complex, we chose to scale back production during the fourth quarter as part of our restructuring plan to bring the facility back to positive EBDITA."