Encina Development Group, LLC
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Encina Development Group, LLC - overview
Established
2016
Location
The Woodlands, TX, US
Primary Industry
Chemicals
About
Based in Texas, US, and founded in 2016 by David Schwedel, Encina Development Group, LLC is a business that provides services for the production of renewable chemicals and renewable fuels from waste plastics. In March 2022, Encina Development Group, LLC raised USD 55 million in venture funding from IMM Investment and SW Recycle Fund. Dave Roesser is the CEO of the company. The company produces circular chemicals, BTX/P from waste plastic.
The firm deploys proprietary technologies which enable it to economically extract BTX/P through a catalytic process. The products made with BTX/P are benzene, toluene, xylenes, and propylene. The organization plans to use the March 2022 funding to continue with the commercialization of its plastic waste-to-aromatics recycling business.
Current Investors
IMM Investment, SW Recycle Fund
Primary Industry
Chemicals
Sub Industries
Recycling, Chemicals
Website
www.encina.com
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
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