eliminating biosolids waste and reducing treatment costs · animal waste generates mass amounts of...

Luka Erceg|President & ceo

direct +1.415.930.9055

[email protected]

Eliminating biosolids waste and reducing treatment costs

February 2018

Malcolm Fabiyi|COO & VP of Operations

direct +1.773.647.8872

[email protected]

Winner 2017 Innovation Awards

February 2018 | Drylet confidential 2

Biosolids waste is unstoppable pollution,

but nature equipped us to remediate it

▪ People generate biosolids waste faster than nature remediates

▪ Biosolids generation increasing dramatically due to global population growth and rising standards of living

▪ Dumping of biosolids results in methane emissions, odors, conveyance of pathogenic bacteria (vectors)

▪ Animal waste generates mass amounts of biological nutrients (phosphorus, ammonia, nitrates), wreaking havoc on water supply, causing algae blooms

▪ Biosolids generation compounded by aging infrastructure

▪ Many sewage plants have reached capacity, with expansion problematic due to cost, population concentrations and land availability

▪ Hazardous chemicals are used for sewage treatment, biological nutrients require untenable volumes of ferrous chloride

Drylet harnesses nature’s tools to remediate biosolid waste more efficiently and effectively

helping nature do its job®



U.S. generates 35 billion gallons of wastewater

daily, US$ 4.5 Bn annually to treat sludge

180 million pounds of sludge produced daily

101.5 GPD per person

325 millionpeople

Municipal wastewater solids

can be toxic

Substantial sodium

hypochlorite, polymer, and

other dangerous chemicals used

Methane is 30x worse than CO2

Insufficient infrastructure

65 billion pounds per year of wet solids must be processed


Global Scale of

Problem = 20X USA



Drylet’s value proposition

Surface area of 340Basketball courts

Significant Bio-solids reduction (up to 50%)

Enhanced process intensity

Surface area of 1 kg of Drylet Product

=

• Faster reactions• Enhanced productivity (e.g., Biogas)• Targeted microbes (enable Capex avoidance)• Lower chemical usage




Drylet increases nature’s microbial processing

power, patented in all leading markets

Protected growth

and delivery of microbes

Millions of particles

loaded with billions of microbes

Microbial clusters

blendedwith substrate

Raw materials

Substrate

Microbes


Microorganism counts > 1011 cfu/g

Food Grade

Dry, free-flowing powder

Customizable with different microbes for different remediation applications,

a platform delivery mechanism

Substrate “armor coating” protects microbes from protozoa, hostile microbes

and chemicals – allowing microbes to arrive alive and ready to work



No Capex, Cost effective solution for Biosolids management

TypePlant

configuration

Biosolids

reduction?CAPEX – Low CAPEX – High

O&M cost – Low

($/dry ton solids)

O&M cost – High

($/dry ton solids)

Drylet None (additive) Yes $– $– $60 $70

Thermal

conversionCentral/Bolt-on Yes $104K $3.5 MM $160 $295

Conditioning Bolt-on Yes $265K $2.0 MM $45 $206

Thickening Bolt-on No $500K $9.0 MM $12 $200+

Stabilization Bolt-on No $400K $4.7 MM $18 $360

Dewatering Bolt-on No Not applicable, water separation technology

Drying Bolt-on No $800K $2.0 MM Unknown Unknown

• Drylet reduces biosolids upstream, allowing for reduction of mass, not just volume

• Emerging technologies can require multiple combinations

• Substantial CAPEX must be expended to incorporate new processes relative to conventional technology, Drylet requires no additional CAPEX




Drylet delivers high performance in wastewater

treatment, where other microbial products failed

Easy to use, no CAPEX required

Fast acting – effects seen in 60-90 days

Compatible with existing wastewater technologies

Reduces bio-solids by up to 50%,

Enhances plant capacity

Facilitates Ammoniareduction

Reduces quantities of disinfectant used


Adding microbes is not

new, Drylet dramatically

advances state of the art:

• Liquid cultures have mixed results

• Difficulty of delivering microbes to

waste stream

• Microbes can be attacked, killed by

harsh environment

• Conventional approaches require

mixing and blending with waste

• Conventional delivery approaches

can increase biological (BOD)

oxygen demand

• Liquid cultures and spores

preferentially enter liquid phase and

are HRT limited

• Drylet product embeds in floc and

partitions to solid, and is retained for

SRTWinner 2017 Innovation Awards


Example of real recurring annual value

creation for wastewater plant (4.1 MGD*)

30% - 50% savings

($146k pre-Drylet)

$44k - $73k savings

Sludge disposal

23% - 30% savings

($87k pre-Drylet)

$20k - $26k savings

Reduced maintenance

33% savings

($315k pre-Drylet)

$104k saving

Reduced chemical usage

31% total savings

($548k pre-Drylet)

$168k - $203k savings

$169,250 in annual savings

$4.2 million lifetime value to plant


x 25 years

=++

Example plant size is 4.1 MGD

(~16,000 m3/day)

Winner 2017 Innovation Awards* 16,000 m3/day


Markets and industry experience


Biological nutrient reduction (i.e. phosphorus)

Oil & gas remediation

Animal waste remediation from all feeding operations

Municipal wastewater treatment

Revenues generated and market traction achieved

Coming soon!

+40

WWTPsTop 5 swine

producers

16

projects

Top

university partners



Business model


€300 per 1,000 m3/day on a monthly basis

Subscription

If you are seeking innovative ways without the burden of large capital

expense to reduce biosolids and control pollutants through microbiology

then we should discuss further how Drylet can help your facilities.

• Drylet supplies as much product requested

to achieve outcomes

• Starting recommended dose is 1 kg per

4,000 m3/day

• Simplified agreement, unconstrained

cancellation

90 days, risk free

Trial

• Drylet supplies as much product to complete

the trial period

• Successful trial, invoices for 3 months

subscription fee

• Simplified agreement, unconstrained

cancellation

• Seeking utility & contract operations partners for Biosolids reduction,

BNR enhancement and Biogas generation

• Seeking investment partners for next phase of Growth


February 2018| Drylet confidential 11

Experienced management teamPosition Previous firm(s) Experience

Luka Erceg

President & CEO

Luka founded and led Simbol driving it to $76.5 million capital raised, $8.5 million in

government grants and a $240 million valuation. With his experience in early stage

specialty chemicals and utilities, he helped with the formation of Drylet. He holds a MBA,

(Rice University) J.D. (South Texas College of Law), LL.M. (U.Houston) and Bachelors in

Marketing (U. Guelph), admitted to State Bar of Texas.

Malcolm brings nearly two decades of wastewater technology and operations

experience, ranging from engineering consulting, simulation modeling, technology

development and commercialization, in addition to strategy consulting experience with

McKinsey & Co. He holds a Ph.D. in Chemical Engineering from the University of

Cambridge and an MBA from the University of Chicago, Booth School of Business.

Malcolm Fabiyi, Ph.D.

Vice-president & COO

Scott has over 20 years of chemical engineering experience in specialty chemicals,

petrochemicals, food production, power generation, gas processing, herbicides, and

hydrometallurgy, he is a founder of Simbol Materials and past-COO where he co-

invented the key lithium sorbent technology. His credentials include an MBA from Rice

University, and a Bachelors of Chemical Engineering from Georgia Tech.

Select board members

Director Previous firm(s) Experience

Former Chief Executive Officer of Oceaneering International, Inc. and Director of Murphy

Oil Corporation; Pason Systems Inc.; Texas Institute of Science, Inc.; and NuMat

Technologies, Inc.T. Jay Collins

Joseph Beal

Following a tour of duty in Vietnam, he worked for the Texas Water Quality Board, and

then for the engineering and environmental consulting firm, Espey Huston. Beal came to

work for LCRA in 1995 to lead Water Services at the request of Mark Rose and became

LCRA’s eighth general manager in 2000.


David S. Schoch

VP, Europe and

Middle East

David has 25+ years business development experience in Europe, 17 of which were scaling

European operations into profitable divisions/enterprises. He grew two business from $2

million to $25 and $50 million in revenues in the telecom sector, and has been involved in

other organizations ranging from energy to tech. David holds a Bachelors of Science from

California State University, and an MBA from University of Chicago, Booth School of Business.

He speaks English, Serbian, Croatian, and Czech.

M. Scott Conley

Chief delivery officer



Western region

28 Second Street, 3rd Floor

San Francisco, CA 94105

main/fax +1.415.930.9050

Central region

8300 FM 1960 West, Suite 450

Houston, TX 77070

main/fax +1.346.980.9570

Europe, Middle East region

direct/fax +31.20.888.5280

www.drylet.com

Malcolm Fabiyi|COO & VP of Operationsdirect [email protected]

eliminating biosolids waste and reducing treatment costs · animal waste generates mass amounts of...

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