into a much higher quality fuel,” said Ron Stinebaugh, Syntroleum’s senior vice president of finance.
The Dynamic Fuels plant will be the first of its kind in this hemisphere, he said. It primarily will produce diesel fuel.
Gallagher said officials hope to use the cheapest waste products while charging the highest possible price for their diesel, a business plan similar to almost any other company.
Stinebaugh said the plant’s fuel will have a higher cetane rating than traditional diesel.
"It means the fuel burns much more efficiently,” he said.
The renewable fuel will be compatible with any diesel engine.
"You just put it in the tank,” Stinebaugh said.
The plant, which is expected to be done by early 2010, will employ about 45 people. Currently, as many as 260 construction workers are on the project.
Officials said Syntroleum is interested in building additional plants, but right now they are concentrating on one.
"In this economy, you have to be focused with what you’re doing,” Gallagher said.
She said there are a lot of companies working on alternative fuels, but she isn’t worried about competition.
"I think there’s room for all of us in the market because it’s such a large market,” Gallagher said.
Gallagher, who joined the company in 2006, said Syntroleum has scaled down since it perfected its processes.
The company has only 19 employees, but 14 of them are engineers.
"Even our CEO (Gary Roth) is a professional engineer,” she said.