To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Date. Funding, Valuation & Revenue. We have comprehensive plans to continue toinvest in and grow the company's product suite and capabilities. 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. 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 You're more than your latest funding, tell our customers your company's story. "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. View real-time stock prices and stock quotes for a full financial overview. HOBI International, Inc., is a premier IT asset management and electronics recycling company with facilities in Illinois, Texas, and Arizona. kristy.finch@omalleyhansen.com This maker also produces sulphate(*1), battery precursor(*2) and cathodes for rechargeable batteries used in both consumer products and electric vehicles. Company profile page for Retriev Technologies Inc including stock price, company news, press releases, executives, board members, and contact information Retriev Technologies General Information. The current customer portfolio includes thousands of customers, with an emphasis on automotive OEMs, environmental services, retail, communications and consumer products. Valuation. 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. KULR stock has reported a strong quarter, the momentum of which it hopes to carry on through the upcoming quarters. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades. The earliest of these articles by Lain (2001) stated that "the Toxco process is designed for all types of lithium containing waste". The collaboration is expected to create the largest lithium-ion battery recycler in North America. This is useful in estimating the financial strength and credit risk of the company. Get the best of both worlds with multiple salt dome opportunities in the green hydrogen space and precious metals development. Discover small-cap mineral exploration companies set to be the next suppliers of green energy. This is hoped to facilitate consistent and organic increases in shareholder value. With over 30 years of commercial operations, Retriev represents the only long term North American lithium-ion battery recycling operation. Copyright 2023 Surperformance. The company has developed a range of recycling technologies to safely recycle different types of batteries. The growing need for recycling lithium can be attributed to the . 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. All rights reserved. For more than 30 . This partnership will ensure the success in bringing our shared vison of sustainability to fruition. 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. Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions. -- 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. site you are consenting to these choices. -, Marubeni Corporation - Expansion of Pharmaceutical Business Initiatives, Marubeni : Expansion of Pharmaceutical Business InitiativesClinical Trial for a Novel -lactamase Inhibitor in China. Company Name Retriev Technologies Inc. Office Ohio, United States of America Factory location Trail, B.C. 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. Invest in the Green-Energy Revolution now with our free report! 86% of retail CFD accounts lose money, 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, Registration on or use of this site constitutes acceptance of our. You can read more about your cookie choices at our privacy policyhere. 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. Announce New Collaboration for Collection of EV Batteries. 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. 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. Marubeni has combined this experience with technical knowledge, expertise and a global network in this sector. For over 25 years, Retriev has built its reputation as a global leader in battery recycling and management. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. Provider of battery recycling and management services to corporations, government entities and consumers. Act Now and Secure Your Future in Green Energy! Its headquarters is located at Lancaster, Ohio, USA. 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). Active, Closed, Whether an Organization is for profit or non-profit, General contact email for the organization. Umicore Group (UMICY) Umicore is far less speculative than Li-Cycle, although it is not a pure-play lithium-ion recycling company. 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. When Heritage Battery Recycling, Retriev Technologies, and Battery Solutions merged in June to become Cirba Solutions, it was a deal six years in the making, . Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. Get the latest business insights from Dun & Bradstreet. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. 2023 PitchBook. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Secure and increase the performance of your investments with our team of experts at your side. ANAHEIM, Calif.--(BUSINESS WIRE)--Marubeni Corporation (hereinafter, Marubeni) and Retriev Technologies Inc. (hereinafter, Retriev) have entered into a Strategic Partnership Agreement with the aim of developing a new circular business for End-of-Life Lithium-ion batteries (hereinafter, EOL LiB). Toxco Inc. rebranded in 2013 as Retriev Technologies Inc., retaining ownership of patents (McLaughlin and Adams, 1999; McLaughlin, 1994). KULR stock also boasts a fleet of more than 1,300 vehicles and 108 facility locations across North America. The combination with Retriev marks a key step in Heritage's expansion to further develop a comprehensive recycling and reuse battery management platform. This creates a substantial material resource for auto OEMs and battery manufacturers in the circular supply chain.. Ohio, United States of America (2 factories . 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. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. The partnering company will serve the entire battery lifecycle, from pickup and transportation to critical material recovery and reuse. June 01, 2021 03:02 PM Eastern Daylight Time. Provider of battery recycling and management services to corporations, government entities and consumers. 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 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. The transaction included participation from new investor, Heritage-Crystal Clean, Inc Retriev's operations include battery recycling and sorting facilities in Lancaster and Baltimore, Ohio, and Brea, California, as well as Trail, British Columbia. October 6 th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. The Belgian firm is a recycling and materials technology conglomerate. The position of the CEO is occupied by Steve Kinsbursky. 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. 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. 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. 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. Recognizing the rapid . 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.. 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! Headquarters Regions Great Lakes, Northeastern US. -, 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. "Retriev has processed more lithium-ion batteries than any other participant in this market. https://www.businesswire.com/news/home/20210601005988/en/, Schumer sets expedited process to consider clean debt ceiling suspension, South Korea finance minister: South Korea, Japan, China cooperation more important as world economy at inflection point, China's manufacturing wobble may drive coal use even higher: Maguire, Seven bodies, including two missing teens, found in Oklahoma town, SCHUMER MOVE LEAVES OPENING FOR DEFICIT-REDUCTION TALKS ONCE DEB, U.S. SENATE MAJORITY LEADER SCHUMER SETS IN MOTION PROCESS FOR V, JPMorgan deal forces Biden administration to defend record on mergers, Brazil's Petrobras to keep stake in Colombia's deepwater block Tayrona, Vice preparing to file for bankruptcy - NYT, Hollywood writers, studios talk as midnight strike deadline looms, US judge declares mistrial in Apple-Masimo smartwatch trade secrets fight, French police face off with anarchists on May Day, Analysis: JPMorgan's takeover of First Republic fuels M&A expectations. Shane Thompson will serve as President of the combined company. Our extensive network has coast-to-coast coverage with battery experts to help you navigate the challenges of this expanding sector. 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. (*1) Sulphate: In the battery materials industry, this specifically refers to cobalt sulphate and nickel sulphate.
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