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

Pic: Shutterstock

Textiles | On 5th Aug 2021

US manufacturing activity grows in Jul; textile mills report fall: ISM

Economic activity in the US manufacturing sector grew in July, with...

Pic: Shutterstock

Textiles | On 5th Aug 2021

UK inflation to hit 3.9% in early 2022, 2% in 2023, predicts NIESR

UK consumer price inflation will reach 3.9 per cent early next year,...

Pic: Shutterstock

Retail | On 5th Aug 2021

Walmart again ranked largest firm by revenue, Amazon 3rd: Fortune

Walmart has been again ranked the largest company in the world by...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Donating 20,000 N95 masks to hospitals & NGOs

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Shivendra Nigam,

Shivendra Nigam

Delhi-headquartered Cantabil Retail India Ltd was founded by Vijay Bansal...

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Nina Smith,

Nina Smith

GoodWeave International, a nonprofit working to end child, forced and...

Brad Holschuh, Wearable Technology Lab, University of Minnesota

Brad Holschuh
Wearable Technology Lab, University of Minnesota

A new study led by researchers at the University of Minnesota's Design of...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Seema Agrawal, Artisan Saga

Seema Agrawal
Artisan Saga

Artisan Saga, founded by Kaushik Rajani and Seema Agrawal, is an online...

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

Leave your Comments


July 2021

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


Advanced Search