According to filings with the U.S. Securities and Exchange Commission, Encina Development Group is raising $150,000,000.00 in new funding. Sources indicate that as part of senior management Founder and Executive Director, David Schwedel played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Encina Development Group
Encina converts waste plastics into circular chemicals which can be repeatedly used to make new products, transforming plastic waste into a sustainable, circular economy. Encina is deploying a sustainable, scalable solution to produce circular basic chemicals for our customers to make the products that consumers and industry rely on everyday. We deploy demonstrated, and proven technologies which have been at work for decades in the recycling, energy, and chemical industries throughout our facilities design. Encinas management team have deep domain expertise, honed collectively from over a century of working within energy, chemicals, project finance & development, construction, recycling, end-of-life plastics management, environmental, and sustainability industries throughout the world. Encinas proprietary process extracts BTX/P economically and sustainably from end-of-life plastics. Our customers can seamlessly incorporate these manufacturing building blocks into their processes, thereby increasing the recycled/circular content of their products. This enables them to easily respond to the growing market and customer demands for sustainable products.

To learn more about Encina Development Group, visit http://www.encina.com/

Contact:
David Schwedel, Founder and Executive Director
415-533-6455
https://www.linkedin.com/in/david-schwedel-91b3199/

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