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Encina cancels construction of US$1B plastics recycling facility in Point Township, Pennsylvania, after two years of planning; company says it will pursue projects in other markets including those within US, Saudi Arabia, Southeast Asia

Encina Development Group signs long-term supply agreement with polymer manufacturer Covestro for chemically recycled feedstock from used plastics; Encina to supply toluene, benzene once it completes production facility, starts operations by end of 2027

Covestro and Encina sign a long-term agreement for supply of chemically recycled benzene and toluene, pending the completion of Encina's production facility coming online in 2027; Covestro will utilize materials for circular MDI, TDI and polycarbonate

'Inspection, Sorting, And Pyrolysis Of Plastic Feeds' in Patent Application Approval Process (USPTO 20230294107)

INTERNATIONAL PATENT: ENCINA DEVELOPMENT GROUP, LLC FILES APPLICATION FOR "INSPECTION, SORTING AND PYROLYSIS OF PLASTIC FEEDS"

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