KBI, a longtime leader in battery recycling and management, will continue as an active equity partner in Retriev. Investors. (*2) Precursor: In the battery materials industry, this term refers to the material used before calcination process, that will be processed into cathode. Contact Email info@retrievtech.com. Download Your FREE Green Energy Report & Unlock Your Investment Potential Today! The collaboration is expected to create the largest lithium-ion battery recycler in North America. The Rectifier Technologies PE ratio based on its reported earnings over the past 12 months is null. Act Now and Secure Your Future in Green Energy! Electric Vehicle Battery Recycling Market to Reach $2.27 Bn - Insider our sites and services. 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. Copyright 2023 CB Information Services, Inc. All rights reserved. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. KULR stock will expand its offerings from its existing partnerships customer programs in the e-bike and scooter markets. Shane Thompson will serve as President of the combined company. 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. Announce New Collaboration for Collection of EV Batteries. The rapid electrification of the U.S. consumer, commercial, and industrial business sectors, requires rapid response and structuring from experienced members of the recycling industry. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. Did Anything Boost Pliant Therapeutics (PLRX) Stock In Extended Trading? Retriev Technologies Inc. and Marubeni Corporation Announce Strategic Retriev Technologies Inc. is a private company that has been in the industry for 38 years. from 8 AM - 9 PM ET. The transaction included participation from new investor, Heritage-Crystal Clean, Inc. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. For more than 30 . Retriev Technologies acquired 2 companies. 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. Download Your FREE Green Energy Report & Unlock Your Investment Potential Today! The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Retriev Technologies Inc. and HOBI International, Inc. 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. Retrievs newly combined offering has the expertise and infrastructure to develop customized solutions for both large and small customers that simplifies the collection process and reduces the conversion time. The company currently specializes in the Environmental Services, Renewable Energy Equipment & Services areas. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. Retriev Technologies Stock Price, Funding, Valuation, Revenue Umicore Group (UMICY) Umicore is far less speculative than Li-Cycle, although it is not a pure-play lithium-ion recycling company. KBI is the ultimate downstream recycler that the industry trusts. Battery materials recycling market to gain massive - MarketWatch View real-time stock prices and stock quotes for a full financial overview. Heritage-Crystal Clean, Inc. Announces Investment in Battery Recycling The partnering company will serve the entire battery lifecycle, from pickup and transportation to critical material recovery and reuse. Required fields are marked *. site you are consenting to these choices. Canada (1 factory) Ohio, United States of America (2 factories CEO Steve Kinsbursky Retriev Technologies Completes First Shipment of Battery Materials Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions. Find More Contacts for Retriev Technologies, Edit Lists Featuring This Company Section, Cirba Solutions Unveils New Combined Entity of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions, Designed to Build Circular Battery Supply Chain, Retriev Technologies Acquires Battery Solutions to Create Largest Comprehensive Battery Management Solution in North America, Pennsylvania Companies With Fewer Than 1000 Employees (Top 10K). The Heritage Group - Battery Recycling Business. 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. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. The combination with Retriev marks a key step in Heritage's expansion to further develop a comprehensive recycling and reuse battery management platform. Columbus, OH Easy Apply 7d. HOBIs Mobile Device services group focuses on the resale and recycling of cellular assets. 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Get the latest business insights from Dun & Bradstreet. Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades, processing . Copyright 2023 Surperformance. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. The transaction included participation from new investor, Heritage-Crystal Clean, Inc RVP Stock Price | Retractable Technologies Inc. Stock - MarketWatch Retriev's primary competitors include Battery Solutions, Li-Cycle, Aqua Metals and 10 more. 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. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. Recognizing the rapid . Retriev's operations include battery recycling and sorting facilities in Lancaster and Baltimore, Ohio, and Brea, California, as well as Trail, British Columbia. This partnership will ensure the success in bringing our shared vison of sustainability to fruition. Located in Brea, CA, xEV Strategies is a specialized testing, refurbishment, warehousing, and logistics platform for large-format electric vehicle batteries. Retriev Technologies Company Profile - Craft Retrievs process involves crushing the batteries and then retrieving the valuable metals from the crushed materials. It is calculated by dividing a company's price per share by its earnings per share. INDIANAPOLIS (March 9, 2022) - 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.The combined offering brings two complementary industry leaders . Retriev Technologies is a battery recycling and management company. Why Has The Steakholder Foods (STKH) Stock Price Gained 6% After-Hours? 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. Heritage-Crystal Clean Invests In Battery Recycling Partner Retriev -, Heritage-Crystal Clean, Inc. to Hold 2023 First Quarter Conference Call, Heritage Crystal Clean : to Hold 2023 First Quarter Conference Call25.6 KB, Truist Securities Initiates Heritage-Crystal Clean at Buy With $42 Price Target. (*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. Compare how recession-proof Retriev Technologies is relative to the industry overall. Announcement of Strategic Partnership between Retriev Technologies and Marubeni Corporation. Heritage, Retriev, Battery Solutions merger creates circular supply Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. "Retriev has processed more lithium-ion batteries than any other participant in this market. $47K-$62K Per Year (Glassdoor est.) Funding, Valuation & Revenue. Secure and increase the performance of your investments with our team of experts at your side. 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. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. The growing need for recycling lithium can be attributed to the . $51K-$67K Per Year (Glassdoor est.) RETRIEV TECHNOLOGIES Revenue, Growth & Competitor Profile The combined entity will operate under the Retriev Tech name as it leverages its expanded reach into the original equipment manufacturer (OEM) recycling market that Retriev serves. Retriev Technologies is backed by the power of Indiana-based The Heritage Group and affiliates and California-based Kinsbursky Bros. Intl (KBI). We also specialize in economic news. The Retriev facility in Canada is R2 and ISO certified. 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. Retriev Technologies specializes in the recycling and management of batteries and battery related wastes. Grant Accountant. Retriev Technologies. 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. KULR Technology Group Inc. (KULR) stock prices were up by 2.53% as of the market closing on October 6th 2021. Operating Status Active. Subsequent premarket fluctuations have seen the stock surge by 1.48%, bringing it up to USD$2.06. Battery Solutions has a strategic national footprint with an expansive portfolio that services the entire end-of-life battery life cycle for EVs, telecommunications, consumer collection, waste management sectors and more.
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