July 13, 2014 12:55 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Siluria Technologies, Inc.

Company Overview

Siluria Technologies, Inc., a natural gas technology company, develops and manufactures a direct chemical process for manufacturing chemicals, plastics, and fuels from natural gas and petroleum. It offers commodity chemicals, such as ethylene. Siluria Technologies was founded in 2008 and is based in San Francisco, California.

409 Illinois Street

Suite 100

San Francisco, CA 94158

United States

Founded in 2008



Key Executives for Siluria Technologies, Inc.

Chief Executive Officer and Director
Age: 59
President and General Manager
Co-Founder and Director
Chief Financial Officer and Executive Vice President
Age: 43
Vice President of Operations
Compensation as of Fiscal Year 2014.

Siluria Technologies, Inc. Key Developments

Siluria Technologies and The Linde Group Enters into Collaboration Agreement

Siluria Technologies and The Linde Group announced that they have entered into a collaboration agreement. The primary objective of the agreement is to combine the respective company's technologies and expertise into an optimized and integrated package which Linde would license to the petrochemicals industry for both revamps or expansions at existing ethylene plants and for new world scale ethylene plants. Over the past six months Linde has completed an extensive technical and economic diligence process on Siluria's oxidative coupling of methane (OCM) technology, which catalytically converts methane directly to ethylene. The success of this joint diligence effort resulted in the formation of this strategic relationship. The companies have formed joint teams, which will fully integrate the company's respective technologies and collaborate through the final scale-up and demonstration of the OCM technology at the previously announced demonstration plant that Siluria is constructing at Braskem's site in La Porte, Texas. The companies expect to be offering the technologies to the broader ethylene industry in the second half of 2015.

Siluria Technologies Announces Executive Changes

Siluria Technologies has made two additions to its executive team. The company appointed Vice President of Corporate Development, Rahul Iyer will continue to be responsible for Siluria's Business Development, as well as its IT functions. Iyer was previously Senior Director of Corporate Development and has been with the company since 2010. Prior to Siluria, Iyer co-founded two energy technology companies: a hydrogen fuel cell company acquired by Intelligent Energy and Primafuel. Additionally, he served as President of Golden Bridge Strategies where he provided strategic guidance to private equity investors in the clean energy space. The company also appointed Vice President of Operations, Gary Koehler will have responsibility for Siluria's demo unit and planned commercial operations, as well as overall leadership on Environmental Health and Safety. Koehler had been working with the Siluria team since 2013. Prior to that Koehler has been Director of Engineering Services for Lyondell Basell, where he led 4 different locations as Site Manager for ARCO Chemical, Equistar and Lyondell.

Siluria Technologies Appoints Jeffrey P. Wood as Executive Vice President and Chief Financial Officer, Effective June 9, 2014

Siluria Technologies announced the appointment of Jeffrey P. Wood to Executive Vice President and Chief Financial Officer effective June 9, 2014. Wood will oversee Siluria's financial strategies, as well as manage the company's external communications, accounting and human resources functions. Wood will also take a key strategic role in expanding Siluria's midstream business platform. Wood will join Siluria from Eagle Rock Energy Partners, a publicly-traded master limited partnership with upstream and midstream operations, where he served as Senior Vice President and Chief Financial Officer. Prior to Eagle Rock, Wood spent 11 years at Lehman Brothers Holdings Inc. in a number of investment banking and investment management positions.

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