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Abstract
San Francisco-based gas-to-liquids technology developer Siluria Technologies and global thermoplastic resin producer Braskem jointly announced January 15 that they have formed a "broad-ranging collaboration" around the development 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," according to a joint statement issued by the companies. The collaboration is in conjunction with the previously announced hosting of Siluria's OCM demonstration plant by Braskem, the statement noted.