Were having conversations with several different commodity firms, where we would generate a different mix of outtake depending on hedges we can achieve, Pinto Energy Chairman Guy Dove told Lube Report. Certainly diesel will be part of the mix, but lube oils and waxes – to some greater or lesser degree – will probably also be part of the mix.

In terms of the required natural gas feed stock, were in discussions with multiple parties for long-term natural gas supply, he said.

Dove noted the 80 acre industrial site is big enough to accommodate the first plant and leave room for expansion to 7,000 barrels per day. The company recently filed the projects air and water permits, and is in discussions with regional economic authorities for further local support.

Pinto has agreed to commercial license terms with Velocys plc to use its Fischer-Tropsch technology – which converts natural gas to liquids – and has made a down payment towards the Fischer-Tropsch reactors. U.K.-based Oxford Catalysts Group PLC is changing its name to Velocys plc on Sept. 25. The group has marketed its technology under the Velocys brand name.

Ventech Engineers International, which designs and constructs new modular refineries, will serve as the projects engineering, procurement and construction contractor. Ventech began designing the Ashtabula facility in April 2013 and expects to complete the design at the end of 2013. It will build the GTL plant at its Pasadena, Texas, fabrication complex and then transport the modules to the Ashtabula project site for installation. Mechanical completion of the plant is expected in late 2015.

The facility is expected to create 30 new, direct jobs and 400 temporary construction jobs, while also creating an estimated 112 indirect jobs.