A company planning a long-awaited $2.7 billion coal-to-liquids plant in southeast Wyoming says it has lined up a buyer for all gasoline that would be produced there. Houston-based DKRW Advanced Fuels announced the deal Thursday, calling it 1 of the first major commercial agreements in the U.S. involving liquid transport fuels made from coal. The buyer is Vitol Inc., the U.S. subsidiary of Vitol SA, a privately held company based in Geneva, Switzerland. Terms were not disclosed. The plant would be built next to a coal mine about 13 miles from the town of Medicine Bow, a town of some 300 people about 100 miles west of Cheyenne. The plant has been proposed since 2004. Preliminary site work began last year and DKRW says construction will ramp up next year.
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