U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING SEC File Number 0-19260
CUSIP Number 7601102 10 2
[ X ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q
and Form 10-QSB [ ] Form N-SAR
For Period Ended September 30, 1996
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SA
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
Part I--Registrant Information
Full Name of Registrant Rentech, Inc.
Former Name if Applicable: Not applicable.
1331 17th Street, Suite 720
Address of Principal Office
Denver, Colorado 80202
City, State and Zip Code
Part II--Rules 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate).
(a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense. /X/
(b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will
be filed on or before the fifteenth calendar day following the prescribed
due date; or the subject quarterly report or transition report on Form 10-Q,
or portion thereof will be filed on or before the fifth calendar day
following the prescribed due date, /X/ and
(c) The accountant's statement or other exhibit required by Rule
12b-250(c) has been attached if applicable.
Part III--Narrative
State below in reasonable detail why the Form 10-K and Form 10-KSB, 20-F,
11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report thereof could
not be filed within the prescribed period.
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Compliance with Statement of Financial Accounting Standards No. 123
requires preparing models for the evaluation of stock options, which must
still be resolved.
Part IV--Other Information.
(1) Name and telephone number of person to contact in regard to
this notification
James P. Samuels (303) 298-8008
Name (Area Code) (Telephone Number)
(2) Have all other periodic reports required under section 13 or
15(d) of the Securities Exchange Act of 1934 or section 30 of the Investment
Company Act of 1940 during the preceding 12 months or for such shorter
period that the registrant was required to file such report(s) been filed?
If the answer is no, identify report(s).
[ X ] Yes [ ] No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report
or portion thereof?
[ X ] Yes [ ] No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why
a reasonable estimate of the results cannot be made.
See attached.
Rentech, Inc.
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
(signature)
Date December 26, 1996 By: ---------------------------------------
James P. Samuels, Vice President-Finance
and Chief Financial Officer
INSTRUCTION: The form may be signed by an executive officer of the
registrant or by any other duly authorized representative. The name and
title of the person signing the form shall be typed or printed or printed
beneath the signature. If the statement is signed on behalf of the
registrant by an authorized representative (other than an executive
officer), evidence of the representative's authority to sign on behalf of
the registrant shall be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).<PAGE>
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PART IV(3) Attachment
The results of operations for the 9-month period ended September 30,
1996 will be significantly changed from those for 1995. The change results
from a contract dispute between the registrant's wholly-owned Australian
subsidiary, Future Fuels Pty Ltd., and the Australian joint venture for
which Future Fuels was providing engineering design services. As a result
of the joint venture's failure to make further progress payments under its
contract with Future Fuels, Future Fuels discontinued its operations and
went into liquidation as of December 31, 1995. The loss of the contract
payments and the liquidation of Future Fuels contributed to a net loss from
operations to the registrant of approximately $2,450,000 for fiscal year
1995. There will be no losses from Future Fuels in the nine-month period
ended September 30, 1996.
