Todd Pencarinha is an expert in beneficial reuse, chemical recycling, and product recovery and is currently president of
Altiras Holdings
in Houston, Texas. Mr. Pencarinha holds a Bachelor of Science degree
in Chemical Engineering from the Ohio State University and a Masters in
Business Administration from the University of Texas. Todd began his
career at Exxon Chemical Company in a group knows as the Basic Chemicals
Technology group in Baytown, TX. Within the technology group,
Pencarinha started as a process engineer in the area of pyrolysis
furnace design and troubleshooting and olefins recovery. He later
became a project engineer, continuing to work in olefins hot ends and
cold ends. Pencarinha later served in project management roles with
Stone & Webster Engineering and then with Lyondell Chemical Company
(now LyondellBasell) in Channelview, Texas. During his time at Lyondell,
Todd managed multiple chemical plant development and enhancement
projects. In 1999, Pencarinha took on the management of the company’s
800 MW Channelview Congeneration Project
in collaboration with Reliant Energy to take advantage of new Texas
energy deregulation laws. Upon successful completion and start-up of the
project, in August of 2000, Pencarinha advanced to the position of lead
internal business consultant, supporting the company’s executive
leaders of three different business units: Oxygenated Fuels including
MTBE, Styrene Monomer and Aromatics, and Toluene Diisocyanate (TDI).
After five years at Lyondell, Pencarinha co-founded his first
beneficial reuse company in January 2003. That company was Emergent
Industrial Solutions. At Emergent, Pencarinha developed processes and
methodologies for safe, legitimate, and responsible beneficial reuse of
coproduct chemicals, byproduct chemicals, and previously used
chemicals. Over the course of eight years, Mr. Pencarinha continually
refined the business model and grew the business from nothing to nearly
$10 million in annual sales. Pencarinha staffed and trained the
company’s sales team, developed safety protocols, established a product
stewardship program, managed marketing, and directed all business
operations related to beneficial use activities.
In December 2010, in order to grow a more national and professional
business, Pencarinha joined with long-time friend and fellow
entrepreneur
Steven Marshall
to found Altiras Industrial Services. Altiras started as a company
focused buying and selling used, coproduct, and byproduct chemicals and
petroleum products “as is” to companies that could use them without
modification. The company also provided industrial waste services for
small and mid-sized waste generators in the US gulf coast. In 2013,
Pencarinha and Marshall decided to re-structure the company for better
branding and to better segregate the various business interests of the
company. At that time, Altiras Holdings was created as the parent
company,
Altiras Industrial Services became the entity focused on providing industrial waste services, and
Altiras Chemicals and
Altiras Fuels
were created to serve the chemicals and fuels markets, respectively.
At the same time, Pencarinha and Marshall also saw the need to create
another new company,
Altiras Recovery,
to focus on beneficial reuse opportunities where materials could not be
used “as is”. Altiras Recovery was created to provide research,
development, and capital to unlock intrinsic value from materials that
would otherwise be waste. All four of the operating companies
(Chemicals, Fuels, Industrial Services, and Recovery) became wholly
owned subsidiaries of Altiras Holdings. Pencarinha became president of
the parent company and Marshall serves as Chief Executive Officer. In
2016, the company added
Altiras Energy
as a fifth subsidiary, which focuses on export of alternative fuel and
energy products such as distillate blendstocks, petcoke, and biosolids
to markets in Mexico and Asia.
Mr. Pencarinha has spent his entire career in the chemical industry
developing projects and new business opportunities. His areas of
expertise include chemical recycling and beneficial reuse, waste
reduction and waste minimization, sustainability in secondary chemicals,
and beneficial recovery of otherwise unusable products, to name just a
few.
Both Todd Pencarinha and Steven Marshall serve on Altiras’ Board and
both reside in Houston, TX. For more information on either Pencarinha
or Marshall, please call 713-568-3861 or email Altiras at
info@altiras.com
