SAUDI ARABIA: Siluria & Saudi Aramco enter agreement to integrate their olefins technologies
Siluria Technologies and Saudi Aramco Technologies have executed a multi-plant technology license for the integration of Siluria's natural gas-to-olefins technology with Aramco's high-olefins cracking process technology. Siluria's proprietary technology, based on oxidative coupling of methane chemistry, is available for license in stand-alone configurations, as well as integration within a wide range of existing process plants, including steam crackers, propane dehydrogenation units, methanol plants and oil refineries, Siluria explained.
"By integrating Siluria's technology with existing facilities, operators can upgrade their methane-containing byproduct streams from fuel to chemical value, improving carbon efficiency and production rates," said Siluria. "Maximizing the output of high-value chemicals products from our future crude oil processing projects is one of the key objectives in our downstream technology strategy," noted Aramco Chief Technology Officer Ahmad Al Khowaiter.
Source: Weekly “PetroChemical News”, Durham, NC, USA; 18 June 2018
(Syed Rashid Ali, Karachi, Pakistan)