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. Funding, Valuation & Revenue. 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. Announcement of Strategic Partnership between Retriev Technologies and Marubeni Corporation. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. The position of the CEO is occupied by Steve Kinsbursky. Located in Brea, CA, xEV Strategies is a specialized testing, refurbishment, warehousing, and logistics platform for large-format electric vehicle batteries. Retriev Technologies Inc. and Marubeni Corporation Announce Strategic Partnership for Developing New Circular Business for End February 18, 2021, 12:19 AM UTC Share this article 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. About Retriev TechnologiesRetriev, 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. 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. KBI is the ultimate downstream recycler that the industry trusts. This development results from the companys merger with Retriev Technologies. The collaboration is expected to create the largest lithium-ion battery recycler in 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.". Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. All rights reserved. Copyright 2023 Surperformance. Also included in the transaction is KBI's xEV Strategies division. Retriev Technologies Jobs & Careers - 14 Open Positions 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. This development will provide a safe and cost-effective solution for their customers in the storage and transportation of lithium batteries for recycling. RVP | Complete Retractable Technologies Inc. stock news by MarketWatch. You can read more about your. "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.". KBI, a longtime leader in battery recycling and management, will continue as an active equity partner in Retriev. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. Heritage-Crystal Clean, Inc. Announces Investment in Battery Recycling The battery materials recycling market from lithium materials segment is predicted to witness an 11.8% CAGR between 2023-2032. LANCASTER, Ohio-- . KULR Stock's Partnership. With over 30 years of commercial operations, Retriev represents the only long term North American lithium-ion battery recycling operation. Claim your profile to get in front of buyers, investors, and analysts. October 6 th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. Last October, Retriev combined with Heritage Battery Recycling to form the largest lithium-ion battery recycler in North America. 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. Retriev, a global leader in battery management and recycling, has been at the forefront of environmentally safe and responsible recycling technology for decades, processing over 30 million pounds of lithium batteries over the last 25 years. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. 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. 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.". When typing in this field, a list of search results will appear and be automatically updated as you type. An R2, RIOS, ISO 14001, and WBE certified firm, HOBI leads the electronics recycling industry in best practices for maximum recovery of reuse and recycling value, minimizing costs in processing, and mitigating safety risks in handling. 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. 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. Ohio, United States of America (2 factories . The combination with Retriev marks a key step in Heritage's expansion to further develop a comprehensive recycling and reuse battery management platform. Retriev Technologies Inc - Company Profile and News Battery Solutions sophisticated cross-chemistry collection, exceptional battery-centric logistics network, largest end-of-life battery sorting services in North America, and customer-centric approach to end-of-life battery management complements Retrievs long heritage as the oldest and largest lithium-ion battery processing operation. Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions. For over 25 years, Retriev has built its reputation as a global leader in battery recycling and management. 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. We also specialize in economic news. Download Your FREE Green Energy Report & Unlock Your Investment Potential Today! Retriev Technologies. Recognizing the rapid . 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. Heritage-crystal Clean, Inc. : Entry into a Material Definitive Agreement, Financial State.. Barrington Research Ups Price Target on Heritage-Crystal Clean to $46 From $45, Keeps O.. Baird Adjusts Heritage-Crystal Clean Price Target to $43 From $42, Maintains Outperform.. Needham Adjusts Heritage-Crystal Clean Price Target to $41 From $40, Maintains Buy Rati.. Transcript : Heritage-Crystal Clean, Inc, Q4 2022 Earnings Call, Mar 02, 2023, Heritage-crystal Clean : Q4 Earnings Snapshot, President, Chief Executive Officer & Director, Chief Financial Officer & Executive Vice President. With over 30 years of commercial operations, Retriev represents the only long term North American lithium-ion battery recycling operation. All rights reserved. The earliest of these articles by Lain (2001) stated that "the Toxco process is designed for all types of lithium containing waste". -- 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. The collaboration is expected to create the largest lithium-ion battery recycler in North America. Crystal Clean invested in Retriev Technologies's Corporate Minority funding round. 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. HOBI, with nearly 30 years of ongoing related experience, is dedicated to be part of the solution managing these devices and products at the end of their first or second life, said Craig Boswell, President of HOBI. By continuing to use this site you are consenting to these choices. ", 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. View real-time stock prices and stock quotes for a full financial overview. Its headquarters is located at Lancaster, Ohio, USA. Operating Status Active. The companys merger with Retriev serves to facilitate the expansion of an already sizeable recycling footprint within North America. Your email address will not be published. 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. Retriev Technologies Inc. Overview | SignalHire Company Profile Retriev Technologies Stock Price, Funding, Valuation, Revenue The combined knowledge and experience in battery recycling and reuse, collection and transportation, safety and environmental compliance serves as an unmatched platform to responsibly support the rapidly growing battery space. 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. Secure and increase the performance of your investments with our team of experts at your side. Retriev's operations include battery recycling and sorting facilities in Lancaster and Baltimore, Ohio, and Brea, California, as well as Trail, British Columbia. Legal Name Retriev Technologies. Marubeni has combined this experience with technical knowledge, expertise and a global network in this sector. The combination with Retriev marks a key step in Heritage's expansion to further develop a comprehensive recycling and reuse battery management platform. "Retriev has processed more lithium-ion batteries than any other participant in this market. 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. Battery Solutions brings added processing, sorting, fulfillment, logistics and storage solutions with their 95,000-square-foot facility in Wixom, Michigan, and a 60,000-square-foot facility in Mesa, Arizona. 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. KBI is the ultimate downstream recycler that the industry trusts. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. 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. Retriev remains the only U.S. facility that was funded by the U.S. Department of Energy to construct a dedicated recycling facility for recycling hybrid and electric vehicle batteries. 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. site you are consenting to these choices. Retriev's Profile, Revenue and Employees. Retriev Technologies Company Profile: Acquisition & Investors | PitchBook About The Heritage GroupFounded 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 end-of-life management and recycling of these batteries is critical for environmental safety and sustainability, and it must be addressed now, said Rick Rose, Vice President of Retriev Technologies Ohio Corporate Headquarters. While a new recession may strike a particular industry, measuring the industry and company's . Retrievs process involves crushing the batteries and then retrieving the valuable metals from the crushed materials. 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 Technologies - Overview, News & Competitors | ZoomInfo.com Overview. (*2) Precursor: In the battery materials industry, this term refers to the material used before calcination process, that will be processed into cathode. Learn more. Related Stocks. 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. Determine whether Retriev Technologies grew or shrank during the last recession. (*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. View contacts for Retriev Technologies to access new leads and connect with decision-makers. Global Battery Recycling Market Share 2023-2030 with On - MarketWatch Copyright 2023 Surperformance. Amount. Recycle process for alkaline and carbon zinc batteries, Process for recovering and regenerating lithium cathode material from lithium-ion batteries, Process for obtaining pure litharge from lead acid battery paste, Process for obtaining highly pure litharge from lead acid battery paste, To view Retriev Technologiess complete competitors history, request access, To view Retriev Technologiess complete patent history, request access, To view Retriev Technologiess complete acquisitions history, request access, To view Retriev Technologiess complete subsidiaries history, request access, Morningstar Institutional Equity Research.

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