For more information, visit www.retrievtech.com. Cirba Solutions Unveils New Combined Entity of Heritage Battery site you are consenting to these choices. Retriev's Profile, Revenue and Employees. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Copyright 2023 Surperformance. This transaction solidifies the retention of strategic material handling technology and capability to domestically support the manufacturing sector, including US-based OEMs who are investing at unprecedented levels to support the conversion to electric vehicles. Retriev Technologies Ltd Company Profile | Trail, BC, Canada Why Did Nogin (NOGN) Stock Rocketed 45% After-Hours? KBI is the ultimate downstream recycler that the industry trusts. As more states adopt measures similar to California, which has implemented a ban on internal combustion engines sold in the state starting in 2030, the EV market will grow exponentially in the coming years. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Retriev Technologies Inc. and Marubeni Corporation Announce Strategic The Rectifier Technologies PE ratio based on its reported earnings over the past 12 months is null. -- Retriev Technologies, Inc. ("Retriev") continues to expand its role as the leading battery solutions provider, backed by the power of Indiana-based The Heritage Group and affiliates ("Heritage") and California-based Kinsbursky Bros. Int'l ("KBI"), -- The combined capabilities of Heritage Battery Recycling ("HBR") and Retriev create a powerhouse of lithium-ion-battery recycling, leading the industry as a comprehensive recycling and reuse battery management platform, -- The combined company will operate under the Retriev Technologies brand. Announce New Collaboration for Collection of EV Batteries. KULR stock has reported a strong quarter, the momentum of which it hopes to carry on through the upcoming quarters. For more than 30 . "Our experience with safely handling hazardous waste and managing total byproduct programs makes us a natural fit for collaboration with Retriev and the various automotive and battery manufacturers facing this industry-wide recycling opportunity.". Marubeni : Distribution Agreement with LineVision to Improve Efficiency of Transmission Li.. Executive Officer & Manager-Corporate Planning. Retriev Technologies Inc. Overview | SignalHire Company Profile To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. The companys Safe Case operates in conjunction with the U.S. Dept. Headquarters Regions Great Lakes, Northeastern US. Retriev Technologies has 2 investors. INDIANAPOLIS, Oct. 6, 2021 /PRNewswire/ --Today Heritage announced the combination of Heritage Battery Recycling, its battery management and recycling business, with Retriev Technologies, the largest and most diverse lithium-ion battery processor in North America, with over 30 years in operation. View source version on businesswire.com: https://www.businesswire.com/news/home/20210601005988/en/, Singapore bank DBS reports Q1 profit jumps 43% to new high, Qantas to appoint CFO Vanessa Hudson as its new CEO, Air Lease says aircraft delivery delays to persist for years, LIVESTOCK-Lean hogs down on profit taking, technicals after one-month highs, Asian finance leaders to debate beefing up market safeguards, Exxon Mobil not quitting exploration in Brazil, QUOTES - US Treasury's new June 1 debt ceiling X-date, British royals release photo of a beaming Princess Charlotte, U.S. HOUSE SPEAKER MCCARTHY: THERE IS A BILL SITTING IN THE SENA, U.S. HOUSE SPEAKER MCCARTHY: THE SENATE AND THE PRESIDENT NEED. Retrievs well-respected track record in research and development, excellent client services, and the highest level of environmental compliance demonstrates its unwavering commitment to the best recycling practices. The transaction included participation from new investor, Heritage-Crystal Clean, Inc. Retriev Technologies, Inc. announced that it has received funding from Retriev Technologies Acquires Battery Solutions to Create Largest The stock is now priced at $10.20, and its average price target of $13.83 indicates a potential upside of 36 percent over the next 12 months. (*3) Closed Loop Recycling: An essential waste management practice by which materials are recycled back into themselves to create another product, removing the waste disposal process. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Stock analysis for Labrador Resources Inc (LTX:Venture) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Retriev Technologies. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. For more information, visit https://batterysolutions.com/. The Retriev facility in Canada is R2 and ISO certified. About KBIKBI is a fully permitted battery management and recycling operation in Southern California. Recognizing the rapid expansion and projected growth of the EV market, the goal of this relationship will be to ensure that the lithium batteries used in EVs are collected and responsibly recycled in a manner that creates value within the battery industrys circular economy. The company has developed a range of recycling technologies to safely recycle different types of batteries. Retriev's North American operations provide a unique platform for the launch of this partnership, with battery recycling and sorting facilities located in Lancaster, OH, Baltimore, OH, and Trail, British Columbia. $51K-$67K Per Year (Glassdoor est.) Retriev Technologies is a battery recycling and management company. With more than 5,000 employees and 30 operating companies worldwide, THG aims to build a safer, more enriching, and sustainable world by harnessing the power of family. Contact Email info@retrievtech.com. For this partnership, Retriev and Marubeni will also cooperate with a chemical maker possessing highly technical knowledge and expertise cultivated through their experience in rechargeable battery industries. Serving clients since 1992, HOBIs IT services group focuses on corporate IT, data and telecommunications infrastructure, providing resale and re-marketing, data erasure and data destruction, recycling, environmental and compliance reporting, de-installation services, and logistics management. Learn more. our sites and services. Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades, processing lithium batteries for over 30 years. The combination with Retriev marks a key step in Heritage's expansion to further develop a comprehensive recycling and reuse battery management platform. The deal expanded Retrievs collection and transportation network through partnerships with Heritage Environmental Services (HES) and Heritage-Crystal Clean. Shane Thompson will serve as President of the combined company. For over 25 years, Retriev has built its reputation as a global leader in battery recycling and management. 2 Fundings. The company's services help to process batteries depending on the structure, form-factor and recoverable components from each battery type using automated hydrometallurgical processes, pyrometallurgical processes and hands-on . Retriev Technologies Inc - Company Profile and News This partnership will ensure the success in bringing our shared vison of sustainability to fruition. The company's services help to process batteries depending on the structure, form-factor and recoverable components from each battery type using automated hydrometallurgical processes, pyrometallurgical processes and hands-on mechanical disassembly, thereby enabling its clients and customers to access its services for recovery of metals, precious metals and a variety of other reusable materials. This is hoped to facilitate consistent and organic increases in shareholder value. (*2) Precursor: In the battery materials industry, this term refers to the material used before calcination process, that will be processed into cathode. For more information, visit www.SolvedByRetriev.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/retriev-technologies-combines-with-heritage-battery-recycling-creating-the-largest-lithium-ion-battery-recycler-in-north-america-301393666.html, Plus500. Through the HBR network, the partnering company will maintain access to more than 100,000 customer locations and 2.500 employees. Personalize which data points you want to see and create visualizations instantly. Located in Brea, CA, xEV Strategies is a specialized testing, refurbishment, warehousing, and logistics platform for large-format electric vehicle batteries. Marubeni Corporation and Retriev Technologies Inc. have entered into a Strategic Partnership Agreement with the aim of developing a new circular business for End-of-Life Lithium-ion batteries. About KBIKBI is a fully permitted battery management and recycling operation in Southern California. "Our mission to bring a sustainable model of closed loop recycling for critical materials that are necessary for the North American supply chain is one step closer to a reality with this merger. Battery Solutions has been a North American leader in battery recycling management with end-to-end solutions for 30 years. Retriev has a well-respected track record of recycling LiB for over 20 years and has processed over 25 million pounds of batteries, displaying their unwavering commitment to best practice recycling solutions and management. Secure and increase the performance of your investments with our team of experts at your side. Columbus, OH Easy Apply 7d. HOBI International Inc. (HOBI) and Retriev Technologies Inc. (Retriev) have entered into a collaborative partnership for the purpose of collecting and recycling large format electric vehicle (EV) batteries throughout North America. INDIANAPOLIS--(BUSINESS WIRE)--Retriev Technologies, the most comprehensive lithium battery recycler in North America and the pioneer in end-of-life battery management, has acquired Battery Solutions, the North American leader in sustainable, end-to-end management solutions for end-of-life batteries and consumer electronics. Marubeni Corporation and its consolidated subsidiaries use their broad business networks, both within Japan and overseas, to conduct importing and exporting (including third country trading), as well as domestic business, encompassing a diverse range of business activities across wide-ranging fields including lifestyle, ICT & real estate business, forest products, food, agri-business, chemicals, power business, energy, metals & mineral resources, plant, aerospace & ship, finance & leasing business, construction, auto & industrial machinery, and next generation business development. Retriev Technologies Company Profile - Craft HOBIs Mobile Device services group focuses on the resale and recycling of cellular assets. Retriev Technologies Combines with Heritage Battery Recycling, Creating the Largest Lithium-Ion Battery Recycler in North America Oct 6, 2021 North America Lithium-ion Battery Recycling Market 2020-2027 with American Manganese, Eco-Bat Technologies, International Metals Reclamation Co, Li-Cycle, Retriev Technologies, TES Dominating Your email address will not be published. Retriev Technologies - Products, Competitors, Financials, Employees CBI websites generally use certain cookies to enable better interactions with our sites and services. "We're pleased to partner with Heritage to expand the reach and capabilities of Retriev," said Steve Kinsbursky, Chairman and CEO of Retriev, and President, CEO of KBI. Provider of battery recycling and management services to corporations, government entities and consumers. Battery disposal collection and logistics is complex, and we have the solution. . Amount. Compare how recession-proof Retriev Technologies is relative to the industry overall. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. HOBI International, Inc., is a premier IT asset management and electronics recycling company with facilities in Illinois, Texas, and Arizona. Secure and increase the performance of your investments with our team of experts at your side. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. The global Battery Recycling market size was valued at USD 9582.44 million in 2022 and is expected to expand at a CAGR of 5.59% during the forecast period, reaching USD 13280.07 million by 2030. For more information, visit www.SolvedByRetriev.com, Cision Distribution 888-776-0942 All rights reserved. KBI has over 60 years of experience as specialists in the recovery of metals from end-of-life batteries and precious metals from automotive catalysts. Provider of battery recycling and management services to corporations, government entities and consumers. Paired with Heritage's collection and transportation network via partnerships with Heritage Environmental Services (HES) and Heritage-Crystal Clean, the collaborative operations moving forward represent the only comprehensive logistics, recycling, and reuse platform available in the industry today. This development will provide a safe and cost-effective solution for their customers in the storage and transportation of lithium batteries for recycling. Today's cutting-edge corporations, government entities, and consumers trust Retriev Technologies for its high level of integrity and environmentally responsible battery recycling and management services. For more information, visit www.thgrp.com/. This helps the company meets a large, underserved area of need for Retriev, thereby enabling its customers to ship batteries safely back to the company for recycling. Delayed Japan Exchange Heritage, Retriev, Battery Solutions merger creates circular supply Investors. Global EV and electrification trends are accelerating at rates that both drive scarcity of natural resources on the front end and necessitate careful end-of-life management to harness recycled natural resources, said Thomas Bjarnemark, CEO, Battery Solutions. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. Retriev Technologies - Overview, News & Competitors | ZoomInfo.com Required fields are marked *. The collaboration is expected to create the largest lithium-ion battery recycler in North America. Retrievs patented process utilizes a hydrometallurgical process which recovers critical materials necessary for the manufacturing of lithium-ion batteries that are used to power our world. This partnership will ensure the success in bringing our shared vison of sustainability to fruition. As the largest U.S. handler for cross-chemistry battery recycling management, Battery Solutions charts a path forward for their customers by supporting fully traceable end-of-life management services and products. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. Battery Solutions is committed to conserving natural resources from spent batteries, and diverting them from landfills, through scalable programs. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. kristy.finch@omalleyhansen.com Battery materials recycling market to gain massive - MarketWatch Electric Vehicle Battery Recycling Market to Reach $2.27 Bn - Insider Our combined assets and talented team enable us to be the only player in the industry that has the capability to collect, transport, sort and process every type of battery at every touchpoint from the end of one life cycle to the beginning of another. As continuous growth is expected for the LiB market, proper EOL LiB waste management is one of the most critical global challenges for improving the sustainability of the battery supply chain. Internet Explorer presents a security risk. The battery materials recycling market from lithium materials segment is predicted to witness an 11.8% CAGR between 2023-2032. The combination with Retriev marks a key step in Heritage's expansion to further develop a comprehensive recycling and reuse battery management platform. KULR stock also boasts a fleet of more than 1,300 vehicles and 108 facility locations across North America. Adding HBR and its affiliation with Heritage's environmental services expertise and network of fully permitted collection facilities and transportation assets will allow us to further differentiate Retriev as a single solution for all battery management needs.". View real-time stock prices and stock quotes for a full financial overview. Founded Date 1965. "Retriev has processed more lithium-ion batteries than any other participant in this market. Environmental Engineering. Copyright 2023 Surperformance. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. As hands on collaborative consultants and custom solution providers, KBI is known for knowledge, environmental integrity, proprietary technologies, service excellence and custom recycling programs that push the envelope of possibilities for sustainability that sets them apart from the competition. Retriev is an Ohio-based company that provides services such as battery recycling and management for consumer and industrial batteries. Retriev's North American operations provide a unique platform for the launch of this partnership, with battery recycling and sorting facilities located in Lancaster, OH, Baltimore, OH, and Trail, British Columbia. Win whats next. ", Recognizing the growing market demand for safe, sustainable solutions for batteries, Jeff Laborsky, CEO of Heritage Environmental Services, set his sights on Retriev as the ideal technology partner to complement HES's core competency in materials handling. Crystal Clean invested in Retriev Technologies's Corporate Minority funding round. With more than 5,000 employees and 30 operating companies worldwide, THG aims to build a safer, more enriching and sustainable world by harnessing the power of family. Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades, processing lithium batteries for over 30 years. Announcement of Strategic Partnership between Retriev Technologies and Marubeni Corporation. The current customer portfolio includes thousands of customers, with an emphasis on automotive OEMs, environmental services, retail, communications and consumer products. 0.03 . Nogin Inc. (NASDAQ: NOGN) is experiencing a significant surge in its stock price, with its, Pliant Therapeutics Inc (NASDAQ: PLRX) has seen a significant increase in its stock price during, In Thursdays after-hours trading, shares of Steakholder Foods Ltd. (NASDAQ: STKH) rose 6.36% to $1.17, After announcing cooperation, Kazia Therapeutics Limited (NASD: KZIA) is climbing the charts today, up 7.29%, 2022 All rights reserved! Under the strategic partnership, Marubeni and Retriev will develop a circular business model for Battery to Battery Closed Loop Recycling in the battery industry, and contribute to improving the sustainability of global society through the development and promotion of new circular businesses in the market. We have comprehensive plans to continue toinvest in and grow the company's product suite and capabilities. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. RVP Stock Price | Retractable Technologies Inc. Stock - MarketWatch While a new recession may strike a particular industry, measuring the industry and company's . The shares last closed at AU$0.05. HCCI. LTX: Labrador Resources Inc Stock Price Quote - Venture - Bloomberg Our extensive network has coast-to-coast coverage with battery experts to help you navigate the challenges of this expanding sector. This development results from the companys merger with Retriev Technologies. 34.70. Umicore Group (UMICY) Umicore is far less speculative than Li-Cycle, although it is not a pure-play lithium-ion recycling company. "We're pleased to partner with Heritage to expand the reach and capabilities of Retriev," said Steve Kinsbursky, Chairman and CEO of Retriev, and President, CEO of KBI. Canada (1 factory) Copyright 2023 CB Information Services, Inc. All rights reserved. Retriev Technologies specializes in the recycling and management of batteries and battery related wastes. Retriev utilizes a patented hydrometallurgical process which recovers critical materials necessary for the manufacturing of lithium-ion batteries that are used to power our world. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Act Now and Secure Your Future in Green Energy! Total number of Crunchbase contacts associated with this organization, Total number of employee profiles an organization has on Crunchbase, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. How Did The Kazia Therapeutics (KZIA) Stock Rise 7%. October 6th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. Company Name Retriev Technologies Inc. Office Ohio, United States of America Factory location Trail, B.C. Round. Retriev is the only complete service provider for lithium and cross-chemistry in the industry, offering battery-centric logistics, collection program solutions and second-life applications. Moving forward, Heritage Battery Recycling will operate under the Retriev Technologies brand. Here's to why KULR Technology Group Inc. (KULR) stock is moving high With more than 5,000 employees and 30 operating companies worldwide, THG aims to build a safer, more enriching and sustainable world by harnessing the power of family. Under the strategic partnership, Marubeni and Retriev will develop a circular business model for Battery to Battery Closed Loop Recycling(*3) in the battery industry, and contribute to improving the sustainability of global society through the development and promotion of new circular businesses in the market. Moving forward, the quantity of EOL LiB generated is expected to increase in line with LiB market growth driven by rapidly growing demand for electric vehicles. "Over 7 million electric vehicles were sold in the last decade, and as production of new models ramp up and older models near end of life, the need for recycling and reuse solutions has never been greater," Laborsky observed. Learn more at: http://www.retrievtech.com. Also included in the transaction is KBI's xEV Strategies division. All rights reserved. KULR stock will expand its offerings from its existing partnerships customer programs in the e-bike and scooter markets. Related Stocks. "Our experience with safely handling hazardous waste and managing total byproduct programs makes us a natural fit for collaboration with Retriev and the various automotive and battery manufacturers facing this industry-wide recycling opportunity.". The opportunity to deliver upon North Americas need for an end-of-life reuse solution for batteries that involves critical materials recycling at scale creates an extremely competitive value chain for the United States, said David Klanecky, CEO, Retriev Technologies. Its headquarters is located at Lancaster, Ohio, USA. Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. Moving forward, Heritage Battery Recycling will operate under the Retriev Technologies brand. Act Now and Secure Your Future in Green Energy! You can read more about your. Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades, processing . Funding, Valuation & Revenue. Retriev utilizes a patented hydrometallurgical process which recovers critical materials necessary for the manufacturing of lithium-ion batteries that are used to power our world. Learn more at: http://www.hobi.com/. Grant Accountant. Founded in 1930, The Heritage Group (THG) is a fourth-generation, family-owned business managing a diverse portfolio of companies specializing in heavy construction and materials, environmental services, and specialty chemicals. The combined offering brings two complementary industry leaders together to create the first and only comprehensive battery management solution in North America. Current and potential investors are hopeful that management will b able to leverage the resources at their disposal. Retriev is a pioneer and market leader in the North American battery recycling industry. The collaboration is expected to create the largest lithium-ion battery recycler in North America. Trail, B.C. Contributing to the circular economy model is a core focus of Battery Solutions, and this integration with Retriev brings us a huge step closer to making that a reality.. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. Claim your profile to get in front of buyers, investors, and analysts. Retriev Technologies Inc. and HOBI International, Inc. Announce New Retriev's operations include battery recycling and sorting facilities in Lancaster and Baltimore, Ohio, and Brea, California, as well as Trail, British Columbia. Retriev Technologies is backed by the power of Indiana-based The Heritage Group and affiliates and California-based Kinsbursky Bros. Intl (KBI). 2023 PitchBook. Retriev's Competitors, Revenue, Number of Employees, Funding INDIANAPOLIS, Oct. 6, 2021 /PRNewswire/ --Today Heritage announced the combination of Heritage Battery Recycling, its battery management and recycling business, with Retriev Technologies, the largest and most diverse lithium-ion battery processor in North America, with over 30 years in operation. Retriev Technologies Stock Price, Funding, Valuation, Revenue Shane Thompson will serve as President of the combined company. Retriev Technologies General Information. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. This process is well suited to lithium primary batteries, which contain .
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