September 30, 2014 4:42 PM 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

Phone:

415-978-2170

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 Appoints Richard Black as Executive Vice President, Midstream

Siluria Technologies announced the appointment of Richard Black as executive vice president, midstream effective September 8, 2014. Black has been working with Siluria on a consulting basis since July 2013. Black most recently was the principal of Blackhawk Energy Consultants.

Siluria Technologies Announces the Appointment of Karl Kurz as Chairman of the Board of Directors

Siluria Technologies announced the appointment of Karl Kurz as Chairman of its board of directors effective June 23, 2014. Kurz has been a Siluria board member since July 2013. He replaces Leighton Read, M.D., of Alloy Ventures, who served as board chairman since the company's inception in 2007. Read will continue as a Siluria Board member. Kurz most recently was a managing director with CCMP Capital Advisors, LLC and co-head of its Energy Group from September 2009 to September 2012.

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.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 15, 2014
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