Siluria Technologies, Inc. was a San Francisco-based research company founded in 2007.[1] It attempted to develop a commercial method to convert natural gas into ethylene, gasoline or diesel fuel using chemical catalysts.[2] The company received over $100m from four rounds of start-up funding from venture capital firms and Saudi Aramco. A test run of the system produced gasoline in Hayward, California in August 2014.[3][4][5]
McDermott, an engineering firm, purchased Siluria in 2019. McDermott emerged from bankruptcy and spun off its Lummus division including Siluria’s intellectual property and a demonstration plant in La Porte, Texas in 2020.
References
edit- ^ "Siluria Technologies Inc - Company Profile and News". Bloomberg News.
- ^ Dolan, Kerry A. "Startup Siluria Technologies Raises $20 Million To Turn Natural Gas Into Fuels And Chemicals". Forbes. Retrieved 2018-07-03.
- ^ "Siluria Technologies Turns Natural Gas Into Gasoline in Hayward, Calif". Govtech.com. August 21, 2014. Archived from the original on 2014-09-04. Retrieved 2014-08-22.
- ^ "Saudi Aramco throws in $30M to back Siluria, a startup that makes fuels from natural gas - Silicon Valley Business Journal". Bizjournals.com. 2014-08-04. Retrieved 2014-08-22.
- ^ Holeywell, Ryan (2014-08-15). "Startup hopes to show fuel breakthrough at Houston-area plant". Houston Chronicle. Retrieved 2014-08-22.
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