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

Textiles | On 23rd Aug 2017

US govt initiates Section 301 investigation of China

The US government has initiated an investigation of China under...

Apparel/Garments | On 23rd Aug 2017

BRC welcomes clarity on goods flow during Brexit

British Retail Consortium (BRC) has welcomed the greater clarity that ...

Textiles | On 23rd Aug 2017

Pakistan minister seeks ideas to boost textile sector

The Pakistani Government will come out with short- and long-term...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson
Technical Absorbents Ltd

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Igor Chapurin
Chapurin

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search