DKRW, coal-to-liquids plant contractor, part ways

By: AP
By: AP

Casper, WY (AP) - A company proposing to build a $2 billion facility that would process coal into gasoline and other liquid fuel has severed ties with its contractor for the project.

Houston-based DKRW Advanced Fuels has been planning to build the facility near Medicine Bow.

The Chinese contractor for the project, Sinopec Engineering Group, recently announced in a statement to investors that the firm and DKRW had severed ties. DKRW initiated arbitration to recover an undisclosed award for breach of contract.

The Casper Star-Tribune reports DKRW signed an estimated $1.6 billion deal with Sinopec in 2012. Work was delayed last year after DKRW said it was unsure when Sinopec would begin construction.

The Wyoming Industrial Siting Council approved a more than three-year extension to the timetable for the project in December.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KGWN-TV 2923 E. Lincolnway Cheyenne, Wyoming 82001 307-634-7755 KSTF-TV 3385 N. 10th Street Gering, Nebraska 69341 308-632-7535
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 253216851 -