Chris Young has worked in the field of industrial and agricultural chemicals and environmental remediation for 27 years. Beginning his career with Dow Chemical, Mr. Young has worked on environmental projects with the US EPA, the US Department of Energy, the US Military, industrial and private clients worldwide. In 2000, Mr. Young financed and co-developed an innovative and proprietary biotechnological agent capable of eliminating persistent organic chemical pollutants, such as PCBs, dioxins, and pesticides. These pollutants are found in soil, ground water, and marine sediments. This technology sits at the core of the Biotechnology business model of “Green and Sustainable Environmental Remediation.” Mr. Young has designed and implemented effective, lower cost, on-site soil, groundwater, and sediment remediation systems for some of the country’s most toxic and polluted sites, thereby reducing clients’ cleanup costs, while eliminating the clients’ environmental liabilities. Mr. Young has worked in cooperation with local, state, and federal environmental regulatory agencies, environmental consulting, multi-national construction firms, and research universities on effective and innovative remediation projects.
Persistent organic chemical pollutants are the reason that the environmental cleanup industry exists. The Stockholm 12, or the “Dirty Dozen”, as these chemicals have come to be called, are the worst of the worst pollutants, including toxaphene aldrin, chlordane, DDT, dieldrin, dioxins, endrin, furans, heptachlor, hexachlorobenzene, mirex, and PCBs. These chemicals, when released into the soil, sediment, and groundwater are highly toxic and will remain toxic for decades and longer. Each of these chemicals is a known or suspected carcinogen; any property polluted by these chemicals will cost far more to clean up utilizing conventional methods than the property is worth. The high cost of conventional cleanup is the reason EPA and state regulatory agencies are currently monitoring more than 500,000 abandoned or under-utilized properties polluted by these persistent organic chemical pollutants. In 2001, Biotech’s founders discovered the barrier that precludes natural bacteria in the soil, sediment, and groundwater from converting organic carbon to food for growth and reproduction. This barrier exists at commercial and industrial sites where any of the Dirty Dozen are found. These are sites where solvents were utilized to clean equipment or dry clean clothing, where pesticides were manufactured or used to control weeds and insects, and where electrical components containing PCBs were manufactured or utilized.In 2003, Biotech’s founders discovered, developed, tested, and validated the first generation product that restores the bacteria to their natural state. The process uses sustainable materials and low impact techniques to quickly and completely break down the most toxic and persistent chemical pollutants into harmless byproducts, including carbon dioxide and water.
Mr. Fennema has spent thirteen plus years in the Environmental sector, involved with renewable energy, wastewater/solid waste treatment and environmental finance. This phase of his career began as Managing Director in investment banking for renewable biofuels and renewable energy. He has served as the Entrepreneur in Residence for a New York based private equity firm, managing their renewable energy portfolio.
In 2010, he served as Senior Executive Vice President, Global Environment for an industrial biotechnology company. In the latter position, the company treated wastewater and contaminated soils globally, using a biological and enzymatic product. Responsible for travel to partners, and business development in 30+ countries; David holds a Masters in Business Administration, Kellogg School of Business, Northwestern University.
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