Throw Axine Water Technologies Inc. into that ever-growing pool of B.C. companies retooling their leadership ranks this year.
The Vancouver wastewater treatment firm announced Tuesday (Nov. 15) it has tapped U.S.-based Mark Ralph to replace c0-founder Jonathan Rhone as CEO.
Rhone left the top job in June.
Ralph previously served as executive director in the corporate venture arm of Boehringer Ingelheim, where he specialized in digital health. His LinkedIn profile shows he also serves on the board of three other companies.
“This team has the winning combination of technical know-how, attention to quality and focus on environment,” Ralph, a chemist by trade, said in a release. “Water is our most precious resource and the future will demand that we implement new and sustainable methods to treat and reuse wastewater."
Axine is best known for its technology that treats industrial wastewater that Rhone once described as “so toxic that it’s being put into a truck and driven across the state to be put in either a deep well or incinerated.”
The company has developed large, modular devices that uses electrolytic cells that react with organic compounds to break them down into water, nitrogen, carbon dioxide and a high-quality stream of hydrogen. The process produces no sludge and uses no chemicals.
These devices can be installed in a matter of hours, while sizes can vary from dimensions similar to that of a fridge to much larger commercial units.
The technology can be applied to everything from the pharmaceutical industry to the mining sector.
Axine does not sell its technology directly to customers. Instead, the technology is offered as a service that Axine owns and operates remotely from a network operations centre in Vancouver.