Copyright 2023 CB Information Services, Inc. All rights reserved. CatchingNews.com. Provider of battery recycling and management services to corporations, government entities and consumers. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Environmental Engineering. Lancaster, OH Easy Apply 30d. LANCASTER, Ohio-- . Find company research, competitor information, contact details & financial data for Retriev Technologies Ltd of Trail, BC. 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. 2. 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. Act Now and Secure Your Future in Green Energy! The position of the CEO is occupied by Steve Kinsbursky. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. ", 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. KULR stock also boasts a fleet of more than 1,300 vehicles and 108 facility locations across North America. site you are consenting to these choices. 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. For more than 30 . 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. Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades, processing . Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. 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. 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. About KBIKBI is a fully permitted battery management and recycling operation in Southern California. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. Marubeni has combined this experience with technical knowledge, expertise and a global network in this sector. Trail, B.C. Operating Status Active. This development results from the companys merger with Retriev Technologies. "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. 2023 PitchBook. 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. Canada (1 factory) Ohio, United States of America (2 factories CEO Steve Kinsbursky The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. Company Name Retriev Technologies Inc. Office Ohio, United States of America Factory location Trail, B.C. Phone Number +1 740-653-6290. Delayed Japan Exchange Round. 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 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. Secure and increase the performance of your investments with our team of experts at your side. Marubeni has grown its presence in the battery industry through such initiatives as acquiring exclusive sales rights to Zambian cobalt in Japan, which it has maintained since 1985, and trading of other critical raw materials for the battery industry. Save my name, email, and website in this browser for the next time I comment. It is calculated by dividing a company's price per share by its earnings per share. Marubeni : Distribution Agreement with LineVision to Improve Efficiency of Transmission Li.. Executive Officer & Manager-Corporate Planning. 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. 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. Kristy Finch June 01, 2021 03:02 PM Eastern Daylight Time. Date. 34.70. This process is well suited to lithium primary batteries, which contain . $47K-$62K Per Year (Glassdoor est.) The company will also provide safe transportation logistics to the partnering companys battery collection operations across North America. Retriev Technologies serves clients operating in the industrial, electronic, and automotive industries. Active, Closed, Whether an Organization is for profit or non-profit, General contact email for the organization. The growing need for recycling lithium can be attributed to the . By continuing to use this site you are consenting to these choices. 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. 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. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. Retrievs process involves crushing the batteries and then retrieving the valuable metals from the crushed materials. 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. Stock analysis for Labrador Resources Inc (LTX:Venture) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The battery materials recycling market from lithium materials segment is predicted to witness an 11.8% CAGR between 2023-2032. 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. We have comprehensive plans to continue toinvest in and grow the company's product suite and capabilities. Amount. 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. Copyright 2023 Surperformance. The current customer portfolio includes thousands of customers, with an emphasis on automotive OEMs, environmental services, retail, communications and consumer products. Increase in demand for zero-emission vehicles and the easy availability of finite metal resources propel the growth of the global electric vehicle battery recycling market 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). Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. The company has developed a range of recycling technologies to safely recycle different types of batteries. All rights reserved. Claim your profile to get in front of buyers, investors, and analysts. 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. 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). 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. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. KULR Technology Group Inc. (KULR) stock prices were up by 2.53% as of the market closing on October 6th 2021. CBI websites generally use certain cookies to enable better interactions with. We also specialize in economic news. Related Stocks. This development results from the company's merger with Retriev Technologies. How Did The Kazia Therapeutics (KZIA) Stock Rise 7%. Next-generation carbon fiber heat management solutions for batteries and electronic systems are developed, manufactured, Shane Thompson will serve as President of the combined company. "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.". Copyright 2023 Surperformance. 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, . of Transportation special permits for safe transport of higher capacity batteries. KBI, a longtime leader in battery recycling and management, will continue as an active equity partner in Retriev. The Belgian firm is a recycling and materials technology conglomerate. Battery Solutions has been a North American leader in battery recycling management with end-to-end solutions for 30 years. Crystal Clean invested in Retriev Technologies's Corporate Minority funding round. View real-time stock prices and stock quotes for a full financial overview. Retriev Technologies. Battery disposal collection and logistics is complex, and we have the solution. 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. The shares last closed at AU$0.05. The collaboration is expected to create the largest lithium-ion battery recycler in North America. Stock image. This development will provide a safe and cost-effective solution for their customers in the storage and transportation of lithium batteries for recycling. Retriev Technologies has 2 investors. Retriev Technologies is a battery recycling and management company. Copyright 2023 Surperformance. 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. The companys Safe Case operates in conjunction with the U.S. Dept. The Heritage Group - Battery Recycling Business. You're more than your latest funding, tell our customers your company's story. Required fields are marked *. 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. KBI is the ultimate downstream recycler that the industry trusts. Through the HBR network, the partnering company will maintain access to more than 100,000 customer locations and 2.500 employees. Discover small-cap mineral exploration companies set to be the next suppliers of green energy. -- 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. Get the best of both worlds with multiple salt dome opportunities in the green hydrogen space and precious metals development. Legal Name Retriev Technologies. Shane Thompson will serve as President of the combined company. Retriev Technologies Inc. is a private company that has been in the industry for 38 years. 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.. Columbus, OH Easy Apply 7d. 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. 2 Fundings. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. Act Now and Secure Your Future in Green Energy! -, 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. Provider of battery recycling and management services to corporations, government entities and consumers. (*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. This brought the price per share up to USD$2.03 at the end of the trading day. 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 General Information. Grant Accountant. Grant Accountant. Company Type For Profit. This is useful in estimating the financial strength and credit risk of the company. 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. "Retriev has processed more lithium-ion batteries than any other participant in this market. 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. (*2) Precursor: In the battery materials industry, this term refers to the material used before calcination process, that will be processed into cathode. Retriev Technologies contact info: Phone number: (740) 653-6290 Website: www.retrievtech.com What does Retriev Technologies do? 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 Technologies is backed by the power of Indiana-based The Heritage Group and affiliates and California-based Kinsbursky Bros. Intl (KBI). When typing in this field, a list of search results will appear and be automatically updated as you type. Current and potential investors are hopeful that management will b able to leverage the resources at their disposal. Battery Solutions is committed to conserving natural resources from spent batteries, and diverting them from landfills, through scalable programs. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The transaction included participation from new investor, Heritage-Crystal Clean, Inc This maker also produces sulphate(*1), battery precursor(*2) and cathodes for rechargeable batteries used in both consumer products and electric vehicles. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. "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. The Retriev facility in Canada is R2 and ISO certified. 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. 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. Determine whether Retriev Technologies grew or shrank during the last recession. We are uniquely positioned with a platform of services and products to address lithium-ion and cross-chemistry batteries at end-of-life. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. The deal expanded Retrievs collection and transportation network through partnerships with Heritage Environmental Services (HES) and Heritage-Crystal Clean. 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. For more information, visit https://batterysolutions.com/. Win whats next. Learn more. The companys merger with Retriev serves to facilitate the expansion of an already sizeable recycling footprint within North America.
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retriev technologies inc stock