Pierpont client, Siluria Technologies, was featured in more than a dozen recent articles with two highlights in the Houston Chronicle and Forbes. Both stories discuss Siluria’s ability to turn clean, abundant natural gas into liquid transporation fuels (gasoline, jet fuel, diesel) and the major feed stock for the petrochemical industry. Pierpont secured earned media coverage for Siluria resulting in 56 million impressions.
Snapshots from the articles:
Forbes: Upstart Siluria Technologies Turns Shale Gas Into Plastics and Gasoline – San Francisco-based startup Siluria Technologies has attracted $120 million in venture capital from the likes of Saudi Aramco and Paul Allen on the promise that it has discovered a Holy Grail of the petrochemicals industry.
Houston Chronicle FuelFix: Unlocking Value in Natural Gas – Siluria has developed a way to convert methane, the primary component of natural gas, into ethylene as well as motor fuels using techniques that have eluded chemists for decades.
This huge development for the oil & gas space is drawing interest from large industry investors and Siluria has already raised $120 million in investment, including $30 million from Saudi Aramco’s venture capital division. From here, Siluria is perfecting their catalyst and plans to license its technology to midstream and downstream companies that would use it at their own plants at a much larger scale.
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