Chemaris Investments Team

Mr. Todd Pencarinha


Mr. Steven Marshall


Todd Pencarinha currently provides leadership in the identification and evaluation of new investment opportunities. He also provides oversight of each new business investment from capital appropriation through stable operation of each new business.  Mr. Pencarinha earned his Bachelor’s Degree in Chemical Engineering from The Ohio State University and his Master’s Degree in Business Administration from the University of Texas. He has been active in the chemical industry for 32 years, having begun his career with large chemical producers including Exxon, Equistar and Lyondell. Since 2003, Mr. Pencarinha has been a leader in chemical beneficial reuse and founded multiple companies, including Emergent Industrial Solutions, Altiras Chemicals, Altiras Fuels, Altiras Recovery, Altiras Industrial Services, and Altiras Holdings, before his current role within Chemaris.

Steven Marshall provides leadership in business strategy, project financing, structuring and modelling. He also provides input and guidance for new business investments. Mr. Marshall earned his Bachelor’s Degree in Electrical Engineering from The Ohio State University and graduated from the General Electric Manufacturing Management Corporate Development Program. Mr. Marshall started his career with the General Electric Corporation and developed and led several service businesses as a senior manager for General Electric in their healthcare business unit. He has been active in the chemical industry for 10 years and has been active in beneficial reuse for 20 years, having successfully founded, developed and led several entrepreneurial ventures including Chasm Industries, Market2Market and Talon Solutions.