Welcome!

News Feed Item

Siluria Technologies Bolsters Strategic and Industry Focus of Board of Directors

Company Appoints Karl Kurz, Key Industry Leader, to Join Petrochemical Veterans Mark Noetzel and Ed Dineen

SAN FRANCISCO, CA -- (Marketwired) -- 07/24/13 -- Siluria Technologies, which develops technology and processes for transforming natural gas into chemicals and fuels, announced today that Mr. Karl Kurz has been appointed to the Company's Board of Directors as of July 23rd, 2013. As the former Chief Operating Officer of Anadarko Petroleum, and Managing Director and Co-Head of Energy Group, CCMP Capital Advisors, Mr. Kurz brings a wealth of industry expertise and experience that will be fundamental to the Company as it moves into the next phase of scaling up for commercialization.

"Karl's arrival is perfectly timed with acceleration of our technology for transforming gas into higher-value, longer-chain liquid hydrocarbons for the natural gas, and natural gas-to-liquids fractionation (midstream) industries," said Siluria's CEO, Ed Dineen. "Karl's upstream and midstream energy expertise will be invaluable as we progress down the commercialization implementation path, and will nicely complement the experiences of our other Board members."

Mr. Kurz has over thirty years of energy industry experience with responsibility for executive management, operations, corporate governance, midstream, marketing, business development, and strategic planning. Among other positions, he served as the Chief Operating Officer for Anadarko Petroleum Corporation where he had responsibility for global exploration and production, marketing, midstream, land, technology, and engineering services. Mr. Kurz was recently Managing Director with CCMP Capital Advisors, LLC and Co-Head of the Energy Group. He has served on the Board of Directors of Chaparral Energy LLC, and Newark Energy LLC, the Natural Gas Supply Association, the American Petroleum Institute, Independent Petroleum Association of America and Western Gas Partners (WES). Mr. Kurz currently serves on the board of SemGroup (SEMG) Corporation, Global Geophysical Corporation (GGS) and Dallas Theological Seminary. He is an Eagle Scout and an active member of Bethel Bible Fellowship and The National Association of Corporate Directors.

"I am very excited to join the Siluria Board," said Mr. Kurz, "the technology is truly ground-breaking and should have broad application in the natural gas industry."

As a newly appointed Director, Mr. Kurz will be joining forces with current Board members and energy and petrochemical industry veterans, Ed Dineen and Mark Noetzel to enhance the Company's commercialization advancement. Mr. Noetzel, who joined the Siluria Board in October of 2011, brings extraordinary fuels and ethylene industries experience. Currently he is the Chairman of the Board of Directors of Axiall Corporation (formerly Georgia Gulf Corporation) and also the Chairman of Aspen Aerogels, Inc. He also was formerly Chief Executive Officer and President of Cilion, Inc. Mr. Noetzel was with BP and Amoco for 26 years, leading multi-billion dollar businesses in the fuels and chemical industry in the US, Europe and Asia. Mr. Noetzel holds a BA in international relations/political science from Yale University in 1979 and an MBA from the Wharton School of the University of Pennsylvania.

Following Karl's appointment Siluria's Board consists of seven directors, including venture capital visionaries Leighton Read (Alloy Ventures), Clint Bybee (Arch Ventures), and Bill Joy (Kleiner Perkins Caufield and Byers), as well as Lemelson Award Winner Angela Belcher (W.M. Keck Professor of Energy, MIT), Mark Noetzel (Chairman, Axiall) and Ed Dineen (CEO, Siluria).

"We are very pleased to have Karl join our team," said Leighton Read, Siluria's Board Chairman. "His experience is highly complementary to the background of our current industry heavyweights, and his marketing and operating experience broadens our ability to understand decision making in our markets. We all look forward to working with him as the company enters the next exciting phase."

About Siluria Technologies:
Siluria Technologies is commercializing its process technology for converting natural gas into higher-value chemicals and fuels. Siluria's energy-efficient process and cost-advantaged feedstock provide a compelling alternative to crude oil based processes. With a world-class technical and commercial team, Siluria Technologies is based in San Francisco, California. The company has raised $66 million from a syndicate of private equity and venture investors including; ARCH Venture Partners, The Wellcome Trust, Alloy Ventures, Kleiner Perkins Caufield & Byers, Bright Capital, Altitude Life Science Ventures, Lux Capital and Vulcan Capital.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
We are always online. We access our data, our finances, work, and various services on the Internet. But we live in a congested world of information in which the roads were built two decades ago. The quest for better, faster Internet routing has been around for a decade, but nobody solved this problem. We’ve seen band aid approaches like CDNs that attack a niche's slice of static content part of the Internet, but that’s it. It does not address the dynamic services-based Internet of today. It doe...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
SYS-CON Events announced today that Numerex Corp, a leading provider of managed enterprise solutions enabling the Internet of Things (IoT), will exhibit at the 19th International Cloud Expo | @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Numerex Corp. (NASDAQ:NMRX) is a leading provider of managed enterprise solutions enabling the Internet of Things (IoT). The Company's solutions produce new revenue streams or create operating...
Qosmos has announced new milestones in the detection of encrypted traffic and in protocol signature coverage. Qosmos latest software can accurately classify traffic encrypted with SSL/TLS (e.g., Google, Facebook, WhatsApp), P2P traffic (e.g., BitTorrent, MuTorrent, Vuze), and Skype, while preserving the privacy of communication content. These new classification techniques mean that traffic optimization, policy enforcement, and user experience are largely unaffected by encryption. In respect wit...
While DevOps promises a better and tighter integration among an organization’s development and operation teams and transforms an application life cycle into a continual deployment, Chef and Azure together provides a speedy, cost-effective and highly scalable vehicle for realizing the business values of this transformation. In his session at @DevOpsSummit at 19th Cloud Expo, Yung Chou, a Technology Evangelist at Microsoft, will present a unique opportunity to witness how Chef and Azure work tog...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, will discuss the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports. The session will include a working demo and a technical d...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Between the mockups and specs produced by analysts, and resulting applications built by developers, there exists a gulf where projects fail, costs spiral, and applications disappoint. Methodologies like Agile attempt to address this with intensified communication, with partial success but many limitations. In his session at @DevOpsSummit at 19th Cloud Expo, Charles Kendrick, CTO at Isomorphic Software, will present a revolutionary model enabled by new technologies. Learn how business and deve...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Although it has gained significant traction in the consumer space, IoT is still in the early stages of adoption in enterprises environments. However, many companies are working on initiatives like Industry 4.0 that includes IoT as one of the key disruptive technologies expected to reshape businesses of tomorrow. The key challenges will be availability, robustness and reliability of networks that connect devices in a business environment. Software Defined Wide Area Network (SD-WAN) is expected to...
Developing software for the Internet of Things (IoT) comes with its own set of challenges. Security, privacy, and unified standards are a few key issues. In addition, each IoT product is comprised of (at least) three separate application components: the software embedded in the device, the back-end service, and the mobile application for the end user’s controls. Each component is developed by a different team, using different technologies and practices, and deployed to a different stack/target –...
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...