The Woodlands, TX – According to filings with the U.S. Securities and Exchange Commission, Encina Development Group is raising $30,000,000.00 in new funding. Sources indicate 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 provides technology solutions that produce renewable products for industries that the world depends on now and in the future. Encina converts infinite life plastics into renewable chemicals and renewable fuels. Encina produces valuable renewable chemicals, predominantly, BTX from waste plastic. These chemicals form the basis from which many major consumer products are produced. Our Encina facilities are designed to produce a renewable high quality, high octane gasoline blendstock for petroleum companies on a global basis.

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

Contact:
David Schwedel, Founder and Executive Director
281-210-0007
https://www.linkedin.com/in/david-schwedel-91b3199/

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