Also included in the transaction is KBI's xEV Strategies division. 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. For more information, visit www.SolvedByRetriev.com, Cision Distribution 888-776-0942 Retriev Technologies Combines with Heritage Battery Recycling, Creating For over 25 years, Retriev has built its reputation as a global leader in battery recycling 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. With over 30 years of commercial operations, Retriev represents the only long term North American lithium-ion battery recycling operation. 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. The current customer portfolio includes thousands of customers, with an emphasis on automotive OEMs, environmental services, retail, communications and consumer products. . 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! 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. Last October, Retriev combined with Heritage Battery Recycling to form the largest lithium-ion battery recycler in North America. 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, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades, processing . Delayed Japan Exchange 34.70. Retriev Technologies Inc. is a private company that has been in the industry for 38 years. The Rectifier Technologies PE ratio based on its reported earnings over the past 12 months is null. 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. Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions. 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. 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. Headquarters Regions Great Lakes, Northeastern US. The company is keen to capitalize on the expanded scope of opportunities resulting from its merger with Retriev. "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. Secure and increase the performance of your investments with our team of experts at your side. Current and potential investors are hopeful that management will b able to leverage the resources at their disposal. Act Now and Secure Your Future in Green Energy! The market size for lithium-ion batteries is expected to surpass USD$116 billion by 2030. 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. Contact Email info@retrievtech.com. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. 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 utilizes a patented hydrometallurgical process which recovers critical materials necessary for the manufacturing of lithium-ion batteries that are used to power our world. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. 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. For more information, visit www.retrievtech.com. -, 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. Discovery Company profile page for Retriev Technologies, Inc. including technical research,competitor monitor,market trends,company profile& stock symbol This development results from the companys merger with Retriev Technologies. Announcement of Strategic Partnership between Retriev Technologies and Marubeni Corporation. Announce New Collaboration for Collection of EV Batteries. 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. "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.". Company Name Retriev Technologies Inc. Office Ohio, United States of America Factory location Trail, B.C. 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. 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 position of the CEO is occupied by Steve Kinsbursky. 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 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 ", 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. The companys merger with Retriev serves to facilitate the expansion of an already sizeable recycling footprint within North America. KBI, a longtime leader in battery recycling and management, will continue as an active equity partner in Retriev. Company profile page for Retriev Technologies Inc including stock price, company news, press releases, executives, board members, and contact information 773.621.2893, Internet Explorer presents a security risk. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Your email address will not be published. Find company research, competitor information, contact details & financial data for Retriev Technologies Ltd of Trail, BC. 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). For more than 30 . San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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 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. Grant Accountant. This development results from the company's merger with Retriev Technologies. Retriev Technologies - Products, Competitors, Financials, Employees 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. Copyright 2023 CB Information Services, Inc. All rights reserved. The companys Safe Case operates in conjunction with the U.S. Dept. LANCASTER, Ohio-- . 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. (*1) Sulphate: In the battery materials industry, this specifically refers to cobalt sulphate and nickel sulphate. Retriev Technologies, Inc.:Investment,Investment Series,Investment Next-generation carbon fiber heat management solutions for batteries and electronic systems are developed, manufactured, HOBIs Mobile Device services group focuses on the resale and recycling of cellular assets. The company will also provide safe transportation logistics to the partnering companys battery collection operations across North America. -, Marubeni Corporation - Expansion of Pharmaceutical Business Initiatives, Marubeni : Expansion of Pharmaceutical Business InitiativesClinical Trial for a Novel -lactamase Inhibitor in China. You can read more about your. Internet Explorer presents a security risk. 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. Discover small-cap mineral exploration companies set to be the next suppliers of green energy. Battery Solutions is committed to conserving natural resources from spent batteries, and diverting them from landfills, through scalable programs. 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. Canada (1 factory) Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Retrievs process involves crushing the batteries and then retrieving the valuable metals from the crushed materials. The battery materials recycling market from lithium materials segment is predicted to witness an 11.8% CAGR between 2023-2032. 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. kristy.finch@omalleyhansen.com Marubeni : Expansion of Pharmaceutical Business InitiativesClinical Trial for a No.. Marubeni Corporation - Business Alliance with PROS for the Manufacture and Sale of Rice.. Marubeni Corporation - Announcing the Marubeni Gallery Opening Exhibition IV, Marubeni : Business Alliance with PROS for the Manufacture and Sale of Rice Husk Biochar, Japan's Nikkei rallies for sixth day on Uniqlo-owner Fast Retailing's boost. ", 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. Retriev is a pioneer and market leader in the North American battery recycling industry. "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. Retriev Technologies. 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. Download Your FREE Green Energy Report & Unlock Your Investment Potential Today! Battery disposal collection and logistics is complex, and we have the solution. Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. Investors. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Stock analysis for Labrador Resources Inc (LTX:Venture) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Retriev Technologies. 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! Retriev Technologies Jobs & Careers - 14 Open Positions We have comprehensive plans to continue toinvest in and grow the company's product suite and capabilities. HCCI. Valuation. 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. Round. Secure and increase the performance of your investments with our team of experts at your side. This is useful in estimating the financial strength and credit risk of the company. Retriev Technologies contact info: Phone number: (740) 653-6290 Website: www.retrievtech.com What does Retriev Technologies do? The shares last closed at AU$0.05. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. KULR stock also boasts a fleet of more than 1,300 vehicles and 108 facility locations across North America. 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. Heritage-Crystal Clean, Inc. Announces Investment in Battery Recycling Lancaster, OH Easy Apply 30d. 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. Copyright 2023 Surperformance. KULR Technology Group Inc. (NASDAQ: KULR) stock surged by 2.53% at last close while the KULR stock-price gains by 1.48% in the after-hours trading session after its business partner Heritage Battery Recycling has signed an important merger deal with Retriev Technologies. Marubeni has combined this experience with technical knowledge, expertise and a global network in this sector. CBI websites generally use certain cookies to enable better interactions with. Ohio, United States of America (2 factories .