How it works
Drylet works by combining the power of specially selected microbes with a super porous particle. Adding Drylet can accelerate microbial activity and mass-to-gas conversion in any biologic process.
- 12 football fields of area per pound
- Tens of trillions of bacteria per pound
- Specially selected microbes for each application
Nature v. Drylet
Microbes in nature are slow to convert waste and often contain bad actors which produce ammonia, hydrogen sulfide, and other noxious odors. In Drylet products, the microbes are specifically selected to consume waste and loaded onto our super-porous particle. The resulting biocatalyst easily overpowers the native microbes and outnumbers the bad actors.
Watch what happens when we connect two flasks containing the same amount of organic waste. The biotacalysts added to the "Drylet" flask generate more pressure--and faster--than the native bacteria in the "Control" flask, pushing the green fluid all the way into the latter.
At Drylet, our team of biological, chemical, and process engineers develop products that outperform traditional solutions and solve our customers’ toughest problems. Drylet’s executive management team includes accomplished leaders with deep industry and broad executive experience. Supported by a global research and sales team, Drylet is focused on delivering best-in-class biological products for waste remediation and environmental compliance.
President and CEO
25+ years of experience in the energy and finance industries. Prior to being a founding member of AEC Partners, a Houston-based energy-focused private equity firm, he served as an energy industry advisor for Avista Capital Partners. In his previous role as the Chief Restructuring Officer-turned-CEO of Trico Marine Services Inc. (“Trico”), an international provider of marine support vessel services to the offshore oil and gas industry, he led Trico’s successful turnaround from a financially distressed Gulf-oriented operator to a well-capitalized offshore services provider with operations in the North Sea, West Africa, Gulf of Mexico, Brazil, Mexico, and Southeast Asia. Previously, he had spent over a decade with DLJ and Credit Suisse in their investment banking divisions where he focused on the energy sector. He holds a B.A. from Duke University.
Malcolm Fabiyi, Ph.D.
Chief Operations Officer and Vice-President of Operations
20+ years of contributing his expertise at the highest levels in corporate research and the development and management of environmental technology solutions, including wastewater treatment; served as the Global Market Director at Praxair, Inc., a Fortune 500 company where he led technology development and commercialization efforts across a range of market segments, including water and wastewater; most recently, served as the president of Hydromantis, USA, the environmental software solutions provider that developed the world's premier wastewater treatment plant simulation and optimization application, GPS-X™; has worked and lived in several geographies in Africa and North America; has authored over 50 journal and conference papers, and holds several patents for commercialized wastewater technologies; holds a First-Class degree in Chemical Engineering from the University of Lagos, a Ph.D. in Chemical Engineering from the University of Cambridge, and an MBA from the University of Chicago Booth School of Business.
M. Scott Conley
Chief Delivery Officer
20+ years of chemical engineering and management experience in chemicals, energy, mining, water, and food; his clients have included BASF, Dow Chemical, LCRA, Air Liquide, Valero, Rhodia, Nabisco, Shell, and others; he is a founder of Simbol Materials and past-COO where he co-invented the key lithium sorbent technology and played a critical role in the technology strategy and engineering management; holds an MBA from Rice University, and a Bachelor of Chemical Engineering from Georgia Tech.
Vice-President, Europe and Middle East
+20 years of experience building and running multiple-country operations in Europe in various industries from infrastructure to tech; built companies from less than 30 employees to over 350 employees in two separate European ventures, taking revenue from less than $2M to over $25M and $50M respectively; speaks English, Serbo-Croatian, and Czech; received a B.S. with distinction from the California State University in Sonoma and a Master of Business Administration with honors from the University of Chicago’s Booth School of Business.
Board of Managers
Jay Collins (Chairman)
Mr. Collins is the former Chief Executive Officer of Oceaneering International, Inc. (NYSE:OII) and Director of Murphy Oil Corporation (NYSE:MUR); Pason Systems Inc. (TSE:PSI); Texas Institute of Science, Inc.; and NuMat Technologies, Inc., in addition, Mr. Collins is a member of the Rice University Board of Trustees and Chairman of the Council of Overseers of the Jones Graduate School of Business, he received his MBA from Harvard Graduate School of Business in 1972 and both his Bachelor of Arts degree and a Masters of Engineering degree in Chemical Engineering from Rice University in 1969.
Mr. Huff served as Chief Executive Officer of Oceaneering from 1986 to 2006. He has served as Chairman of the Board of Oceaneering since 1990. Mr. Huff previously served as a director of several other publicly traded companies, including Suncor Energy Inc. from 1998 to 2018 and the general partner of Hi-Crush Partners LP from 2012 to 2018. He is a member of the National Academy of Engineering.
Mr. Erceg was President and CEO of Drylet throughout 2017, 2018 and 2019. 20+ years of experience in specialty chemicals, utilities (LDC, pipelines, power generation), and energy technology; founder and past-President and CEO of Simbol Materials, led company to $240 million valuation in 3 years, raised $85 million including $8.5 million in non-dilutive grants from DoE and CA; testified before the U.S. House of Representatives and the U.S. Senate on issues related to strategic materials legislation and job creation and has been a frequent speaker at conferences from the U.S. to China; previously led $3.5 billion portfolio of power plant investments, active in M&A and transaction structuring; holds MBA, J.D., LL.M. and Bachelors in Marketing, admitted to State Bar of Texas.
Joseph Beal, P.E.
Mr. Beal served as CEO of LCRA, a $1.1 billion reclamation project district with 20+ wastewater treatment plants and a capital budget of $276 million annually; brings over 3 decades of experience in engineering and is a graduate from Texas Tech in Civil Engineering; is considered an expert in system design of water/wastewater, water resource planning, water quality and electric utility management, and has served on numerous Boards including ERCOT and the Texas Public Power Association and as chairman of the Texas State Board of Registration for Professional Engineers, Mr. Beal is a veteran of the Vietnam war.
Mr. Badger is Chisholm’s Chief Operating Officer and Corporate Secretary; responsible for credit, asset and risk management, and banks financing; a lawyer by training, Mr. Badger spent 17 years in the investment business as an agent specialized in real estate and venture capital; he joined Chisholm in 2003 and became a shareholder shortly thereafter; born in Toronto, Mr. Badger resides in Toronto and is married with two children.