Welcome!

News Feed Item

Siluria Technologies and Braskem America to Collaborate on Siluria's Breakthrough Technology to Convert Natural Gas Directly to Ethylene

SAN FRANCISCO, CA and PHILADELPHIA, PA -- (Marketwired) -- 01/15/14 -- Siluria Technologies, a pioneer in the commercial production of fuels and chemicals made from clean, abundant natural gas, and Braskem, a leading producer of thermoplastic resins in the Americas, have formed a broad-ranging collaboration around the deployment of Siluria's proprietary oxidative coupling of methane (OCM) technology for the direct conversion of methane in natural gas to ethylene.

Under the collaboration, Siluria and Braskem will jointly explore commercial deployment of Siluria's technology for supplying ethylene to Braskem. In particular, the two companies will conduct a joint feasibility study to identify commercial deployment opportunities of Siluria's technology at Braskem's ethylene consuming plants. The collaboration also provides for certain non-exclusive technology license options for the world-scale deployment of Siluria's technology by Braskem, as well as opportunities for Braskem to be a purchaser of ethylene produced from future Siluria plants, and rights for Siluria ownership participation in Braskem commercial projects using OCM technology. The collaboration is in conjunction with the previously announced hosting of Siluria's OCM demonstration plant by Braskem.

"We are very pleased to be working with a world leader in olefins and derivatives manufacturing in Braskem," said Siluria CEO Ed Dineen. "Their industry expertise, substantial footprint and aspirations for growth make them an ideal first partner in Siluria's multiple-partner strategy to deploy our technology across the chemicals, fuels and natural gas processing industries."

"Braskem is pursuing the growth of our business in the Americas and globally," said Braskem America CEO Fernando Musa. "We believe the Siluria technology can play an important part in our growth strategy as well as potentially strengthening our current asset base."

Siluria's OCM technology provides a novel process for the conversion of methane from natural gas to ethylene and liquid fuels. The flexibility of the technology provides multiple high-value opportunities for the deployment across multiple industry segments. Siluria plans to deploy its OCM technology in a range of commercial settings, including existing ethylene producing plants, at ethylene consuming sites, upstream gas monetization, natural gas midstream plants, as well as world-scale grass roots deployments. The technology's use of commonly available natural gas as feedstock, compatibility with existing industry operations, as well as its relative simplicity and energy efficiency provide very attractive economics compared to existing ethylene production processes, like ethane and naphtha cracking. Additionally, the company's ethylene-to-liquids (ETL) technology packages are designed to provide substantial capital, operating cost and product slate advantages over alternative gas-to-liquids technologies. Siluria's demonstration plant is expected to be operational by the fourth quarter of 2014.

About Siluria:
Siluria Technologies is pioneering the commercial production of fuels and chemicals made from clean, abundant natural gas. Siluria's break-through process technology is believed to be the first commercially viable process to directly convert methane to ethylene, potentially enabling natural gas to replace petroleum as the world-wide basis for drop-in fuels, chemicals and plastics. Siluria's revolutionary catalyst technologies uniquely combine nanomaterials, biotechnology and chemical engineering, to convert an abundant, ubiquitous, and inexpensive feedstock into high value, drop-in fuels and chemicals using processes that can be seamlessly integrated into existing industry infrastructure. For more information, visit www.siluria.com

About Braskem:
Braskem is the largest producer of thermoplastic resins in the Americas and the world's leading biopolymers producer, manufacturing green polyethylene from sugarcane-based ethanol. With 36 industrial plants in Brazil, the United States and Germany, the company produces over 35 billion pounds of thermoplastic resins and other petrochemicals per year, creating more environmental-friendly, intelligent and sustainable solutions through chemicals and plastics that improve people's lives.

Braskem is a component of the Dow Jones Sustainability Index Emerging Markets, the Carbon Efficient Index (ICo2) and the Corporate Sustainability Index of the BM&FBovespa - Securities, Commodities and Futures Exchange. Braskem is a member of the United Nations' platform for more sustainable industries and its sustainability annual report is rated level A+.
Braskem America is the leading producer of polypropylene in the United States, with five production plants located in Texas, Pennsylvania and West Virginia, and a Technology and Innovation Center in Pittsburgh. Headquartered in Philadelphia, Braskem America is a wholly owned subsidiary of Braskem S.A. For more information, visit www.braskem.com

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
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, paneli...
@DevOpsSummit at Cloud Expo taking place Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center, Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is ...
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
Cloud promises the agility required by today’s digital businesses. As organizations adopt cloud based infrastructures and services, their IT resources become increasingly dynamic and hybrid in nature. Managing these require modern IT operations and tools. In his session at 20th Cloud Expo, Raj Sundaram, Senior Principal Product Manager at CA Technologies, will discuss how to modernize your IT operations in order to proactively manage your hybrid cloud and IT environments. He will be sharing bes...
Join us at Cloud Expo June 6-8 to find out how to securely connect your cloud app to any cloud or on-premises data source – without complex firewall changes. More users are demanding access to on-premises data from their cloud applications. It’s no longer a “nice-to-have” but an important differentiator that drives competitive advantages. It’s the new “must have” in the hybrid era. Users want capabilities that give them a unified view of the data to get closer to customers and grow business. The...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st 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 devic...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
What's the role of an IT self-service portal when you get to continuous delivery and Infrastructure as Code? This general session showed how to create the continuous delivery culture and eight accelerators for leading the change. Don Demcsak is a DevOps and Cloud Native Modernization Principal for Dell EMC based out of New Jersey. He is a former, long time, Microsoft Most Valuable Professional, specializing in building and architecting Application Delivery Pipelines for hybrid legacy, and cloud ...