Home / Knowledge / News / Textiles / Siluria aims to make ethylene from natural gas, not oil
Siluria aims to make ethylene from natural gas, not oil
30
Jul '12
US-based Siluria Technologies has raised the money needed to establish a demonstration unit for preparing ethylene from natural gas, instead of oil.
 
The company has successfully raised US$ 30 million in a round led by Russia-based Bright Capital and Microsoft co-founder Paul Allen’s Vulcan Capital. Besides, existing venture capital investors like Kleiner Perkins Caufield & Byers, also contributed. In all the company raised US$ 63.3 million.
 
Siluria has evolved a technique for transforming methane, the key component of natural gas, into ethylene, a common industrial chemical, which is normally derived from oil.
 
Deviating from the usual trend, where refiners “crack” petroleum with heat to generate ethylene, a smaller chain hydrocarbon, Siluria uses catalysts to chemically combine two methane molecules to produce ethylene. The process developed by Siluria can operate at much lower temperatures and consumes much less energy compared to traditional steam cracking.
 
The new technique evolved in the lab of Angela Belcher, a materials scientist and biological engineer at MIT. Ms. Belcher’s research aims at producing the desired products by imitating natural processes.
 
Siluria uses a catalyst-screening and discovery process where a virus is used as a template for creating nanowire catalysts. The technique allows the company to refine the catalysts and widen its library, which according to the Siluria provides it an edge over several other techniques that aim at preparing ethylene from methane.
 
According to the company, the funds raised would allow it to set up a demonstration plant by 2013, which would help it to perfect the process.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search