Encina Development Group announces new board member

Encina Development Group, a plastics recycling company based in The Woodlands, Texas, has announced the appointment of Elaine Wong to its board of directors.

“We are delighted to welcome Elaine to the Encina board,” says David Schwedel, executive director of Encina. “Elaine’s expertise in private equity investment is a tremendous asset to the board of directors. Her deep experience in strategy formulation, implementation and business development will be invaluable to Encina’s next phase of business growth.”

Wong is a co-founder and partner of H+ Partners and has more than 20 years of private equity experience. In addition to founding H+ Partners, Wong also co-founded HAO Capital, a China-focused growth equity fund in Hong Kong. As a private equity investor, she has helped build, fund and take companies public in Hong Kong, Shanghai, Frankfurt, London and New York.

She is currently the lead independent director for Hyzon Motors, Honeoye, New York, a board member of Protium Green Solutions, London, and a member for the advisory board for Enapter AG, Berlin, and the World Hydrogen Advisory Board for the Sustainable Energy Council, London.

Wong graduated from Massachusetts Institute of Technology with a Bachelor of Science degree in chemical engineering and has an MBA from the Stanford Graduate School of Business.

She also has served on the global MIT Alumni Association board of directors and is currently on the MIT Task Force 2021 and Beyond Alumni Advisory Committee.

“I’m excited to join Encina’s board,” Wong says. “Encina’s unique scrap-plastics-to-circular-chemical technology helps customers advance their sustainability goals and practices. I’m proud to help Encina grow its circular solution while doing good for the environment and the planet.”