There are newer employer reviews for Rentech
There are newer employer reviews for Rentech

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Rentech -

  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Anonymous Employee in Denver, CO
Former Employee - Anonymous Employee in Denver, CO
Recommends
No opinion of CEO

Pros

Good, promising technology, exciting challenge to reduce dependence on foreign oil Highly competent staff technically

Cons

As startup company with limited income, financing of company and ability to complete new tasks is uncertain Pioneering a new area so many challenges

Advice to Management

Keep going

Other Employee Reviews for Rentech

  1. Leadership? Where?

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Anonymous Contractor in Augusta, GA
    Current Contractor - Anonymous Contractor in Augusta, GA
    Doesn't Recommend
    Negative Outlook

    I have been working at Rentech as a contractor (More than a year)

    Pros

    Company is growing at a fast pace. Young team.

    Cons

    Unstable, lots of uncertainties. No leadership at all! Company is nose diving! There is no clear path forward.


  2. The Inmates Run this Asylum

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Finance and Accounting in Los Angeles, CA
    Former Employee - Finance and Accounting in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Rentech full-time (More than 3 years)

    Pros

    If you are career focused, goal oriented and success driven then Rentech is probably not the place for you. But if you like to fake the funk then this place has your name all over it. They do have Oracle and one of its higher end Business Intelligence tools but aside from that don't waste your time here.

    Cons

    Rentech's first business model was to convert coal to liquids (CTL) diesel, gasoline, jet fuel and other petro chemical products. They would do this by building a 53MM process demonstration unit (PDU). Their PDU ended costing more than 150MM and it never worked. Besides, their "new technology" was nothing more than 70 year technology invented by Germany during WWII to fund their war machine, converting coal to fuel. After 8 years all the original executives are gone, the PDU was sold for about 10MM and their true business model was revealed: 1.) Come up with a sexy story. 2.) Spin it to win it. 3.) Give yourself a lot of stock options each year. 4.) Issue smoke and mirror press releases. 5.) Cash in said options. 6.) Wash, rinse, repeat. Research the lawsuits and note the number of outstanding shares each year. And their current executives aren't any better. Now Rentech's business model is selling wood chips at Home Depot. Like you need a NEW publicly traded company headquartered next to Beverly Hills California in one of the most expensive building in Los Angeles to do that. And they have the entire floor. It doesn't take millions of dollars each month in SG&A coming from Los Angeles to figure out that China can sell wood chips cheaper than you, unless you're Rentech. Like I said, the inmates run this asylum.

    Advice to Management

    I'm embarrassed to have Rentech on my resume.


There are newer employer reviews for Rentech
There are newer employer reviews for Rentech

See Most Recent

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