Market Overview

Rentech Nitrogen Updates Guidance

Rentech Nitrogen Partners (NYSE: RNF) today provided an
update on its previously issued guidance.

Rentech Nitrogen now expects full-year 2012 consolidated EBITDA to be
approximately $123 million as a result of $5.1 million in costs and lost
operating income due to unscheduled maintenance downtime at its
production facilities and $6.5 million of transaction costs and other
items related to the recent acquisition of Agrifos LLC. Adjusted for the
acquisition-related items, consolidated 2012 EBITDA for Rentech Nitrogen
would be approximately $130 million. The Partnership had previously
projected consolidated EBITDA to be in excess of $130 million for

See full press release

Posted-In: News Guidance Management M&A

 

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