News
AmSty signs longterm agreement for purchase of circular feedstocks from Encina recycling facilities
Americas Styrenics (AmSty) signed a Memorandum of Understanding (MOU) with Encina Development Group, LLC (The Woodlands, Tex.) [...]
Advanced Recycling Company Encina Secures $55 Million of Equity Capital
Encina Development Group, a producer of circular chemicals from waste materials, has secured a total of $55 million of equity capital
Encina Development secures $55M for its advanced recycling project
Encina Development Group, an advanced plastic recycling company based in The Woodlands, has secured $55 million in equity capital as the company continues developing its first project in Pennsylvania.
Two plastic processors get investments for facilities
Two emerging plastic recycling companies, PureCycle and Encina, have raised a combined $300 million in investments for their projects.
Encina secures funding from IMM Investment Global Ltd
Encina will use the newly secured capital, in addition to US$20 million in earlier secured equity financing, to move forward with the commercialisation of its plastic waste-to-aromatics recycling business. [...]
Encina, Flint Hills to partner on $1B Corpus Christi chemical plant
Houston-based Encina Development Group LLC and Wichita, Kansas-based Flint Hills Resources are considering partnering on a new specialty refinery in Corpus Christi, Texas. [...]
Encina Development Group eyes Northeast U.S. for new recycling chemical plant
Houston-based specialty refiner Encina Development Group LLC made some changes to its plans for its first commercial-scale plant during 2020 [...]
Braskem, Encina formalize partnership
Braskem, a polyolefins producer based in Philadelphia, has announced that it plans to collaborate with Encina Development Group [...]
Quick Hits: July 1, 2020
Swiss watchmaker Ulysse Nardin has teamed with OCEARCH to provide financial support to the marine conservation group’s ongoing efforts. [...]
Encina finds the future of BTX in plastic waste
A surprising discovery led the company away from coal and into the circular economy, says David Schwedel, founder and executive director. [...]
June 1, 2020
Encina Turning Plastic Waste Into Renewable Base Chemicals and Fuels
Encina's initial U.S. facility will implement the proprietary technology to produce the valuable renewable chemicals and can take plastic in varying conditions -from post-consumer, mixed plastics to ocean plastics. [...]
Exclusive: Houston specialty refiner awards $255M contract to build first facility
Houston-based Encina Development Group LLC has awarded an engineering, procurement and construction deal to Australia-based Worley Ltd. [...]
June 1, 2020
WORLEY TO PROVIDE EPC SERVICES FOR CONSUMERPLASTICS-TO-BTX PLANT IN U.S.
Worley (North Sydney, Australia) will provide engineering, procurement, and construction (EPC) services for Encina's (Houston) consumerplastics-to benzene-toluene-xylenes (BTX) processing plant in the U.S. [...]
Earth Day 2020: Pyrolysis Player Cracks Case of Hard-to-Recycle Waste Plastics
Among plastic waste recycling technologies, pyrolysis could generate one of the biggest profit-pools in terms of growth (25.4%) into the next decade, second only to mechanical recycling (28.3%), according to a McKinsey report, “How Plastics Waste Recycling Could Transform the Chemical Industry.” [...]
Encina’s growth continues, despite COVID-19 and weak oil prices
Encina Development Group LLC continues to chart its future course with the development of a new commercial-scale plant. The Houston-based company [...]
David A. Schwedel Appointed Chairman of the Board of Trustees of the Miami Waterkeeper
The Board of Directors of the Miami Waterkeeper announced the appointment of David A. Schwedel as Chairman of the Board of Trustees, effective immediately.
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