RTK Rentech, Inc.

Rentech, Inc. (NYSE AMEX: RTK) today announced that it has increased its projection of EBITDA for fiscal year 2011 for its wholly-owned nitrogen fertilizer subsidiary, Rentech Energy Midwest Corporation (REMC), to approximately $75 million, from the previous projection of at least $60 million.

REMC, which is favorably located near its customers in the corn-belt region, is benefiting from continuing strong fertilizer demand and pricing as well as low input costs. As of March 31, 2011, REMC has delivered, or signed contracts with fixed prices for the sale of, more than 75% of REMC's forecasted deliveries for the fiscal year that will end September 30, and has already purchased or contracted at fixed prices for the natural gas required to produce that product. Because such a large portion of the year’s projected contribution margin has been pre-contracted, Rentech is confident in projecting record EBITDA at REMC of approximately $75 million for the fiscal year. Rentech has also increased its projection of REMC’s operating income for fiscal year 2011 to approximately $65 million from the previous forecast of at least $50 million. Further explanation of EBITDA, a non-GAAP financial measure, and a reconciliation of REMC's projected EBITDA to operating income for fiscal year 2011 have been included below in this press release.

D. Hunt Ramsbottom, President and CEO of Rentech, stated, "We are pleased that REMC’s performance is exceeding our expectations. The cash flow generated at our fertilizer facility helps support our alternative energy business, providing investors with the unique opportunity to invest in two very dynamic industries, both of which have significant growth potential.”

Considering the positive market trends and higher margins for nitrogen fertilizer that REMC has been experiencing, Rentech engaged an engineering firm to evaluate the possibility of expanding REMC’s production and increasing the efficiency of the plant. The feasibility study is expected to take several months to complete, after which Rentech will evaluate the attractiveness of investing in capacity expansion at the plant to meet increased nitrogen demand created by expanded corn acres for the foreseeable future.

Disclosure Regarding Non-GAAP Financial Measures

EBITDA is a presentation of earnings before interest, taxes, depreciation and amortization. Management believes that EBITDA (a non-GAAP financial measure) can be a useful indicator of the fundamental operating performance of REMC’s fertilizer production facility. Management believes that EBITDA can help investors evaluate REMC’s operating performance by eliminating the effects of depreciation and amortization, which are non-cash expenses, and of interest and taxes, which are not operating expenses. We believe that our investors may use EBITDA as a measure of the operating performance of REMC’s business. We recommend that investors carefully review the GAAP financial information (including our Statements of Cash Flows) included as part of our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q, and our earnings releases; compare GAAP financial information with the non-GAAP financial measures disclosed in our quarterly earnings releases and investor calls; and read the reconciliation below.

Fiscal Year 2011 REMC EBITDA Projection ($ millions)

About Rentech, Inc.

Rentech, Inc. (www.rentechinc.com), 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 offers licenses for 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.

Safe Harbor Statement

This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995 about matters such as the demand, pricing and outlook for REMC’s products, projected EBIT and EBITDA performances at REMC and growth potential and demand for the nitrogen fertilizer and alternative energy industries. These statements are based on management’s current expectations and actual results may differ materially as a result of various risks and uncertainties. Other factors that could cause actual results to differ from those reflected in the forward-looking statements are set forth in the Company’s prior press releases and periodic public filings with the Securities and Exchange Commission, which are available via Rentech’s web site at www.rentechinc.com. The forward-looking statements in this press release are made as of the date of this press release and Rentech does not undertake to revise or update these forward-looking statements, except to the extent that it is required to do so under applicable law.

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