SYNTHETIC FUEL PLANS ADVANCE
The United States Synthetic Fuels Corporation, which expects to have $14.8 billion available by June to aid sponsors of development projects, today identified 27 applicants from among whom the first recipients of funds would be selected. The 27, whose projects are situated in 14 states, are those that responded by the Jan.4 deadline to requests by the Governmentsponsored corporation for additional information. Since 63 applications had originally been filed, this suggested that sponsors of 36 either were not yet prepared to carry through their plans or had decided to abandon them. The projects are heavily concentrated in the West.