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Rentech reports purchase of NEWP for total initial purchase price of USD45.1m

Wood fibre company Rentech (NasdaqCM:RTK) revealed on Thursday the completion of the acquisition of all of the equity interests of New England Wood Pellet (NEWP) for USD34.5m in cash.

In conjunction, Rentech will assume NEWP's cash of USD2.4m and debt of approximately USD13m for a total...  

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