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Overview. The Retriev facility in Canada is R2 and ISO certified. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. 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. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. 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. "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. How Did The Kazia Therapeutics (KZIA) Stock Rise 7%. Retrievs patented process utilizes a hydrometallurgical process which recovers critical materials necessary for the manufacturing of lithium-ion batteries that are used to power our world. Your email address will not be published. (*1) Sulphate: In the battery materials industry, this specifically refers to cobalt sulphate and nickel sulphate. All rights reserved. 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. Claim your profile to get in front of buyers, investors, and analysts. 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. 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. 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). Discovery Company profile page for Retriev Technologies, Inc. including technical research,competitor monitor,market trends,company profile& stock symbol 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 . The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Retrievs process involves crushing the batteries and then retrieving the valuable metals from the crushed materials. Provider of battery recycling and management services to corporations, government entities and consumers. Shane Thompson will serve as President of the combined company. The market size for lithium-ion batteries is expected to surpass USD$116 billion by 2030. All rights reserved. This development results from the companys merger with Retriev Technologies. This partnership will ensure the success in bringing our shared vison of sustainability to fruition. Moving forward, Heritage Battery Recycling will operate under the Retriev Technologies brand. 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. ", 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. Ohio, United States of America (2 factories . You're more than your latest funding, tell our customers your company's story. Date. Delayed Japan Exchange SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. The combined offering brings two complementary industry leaders together to create the first and only comprehensive battery management solution in North America. We also specialize in economic news. (*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. October 6th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. 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. For more than 30 . 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. It was founded in 1965 and is based in Lancaster, Ohio. 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. All rights reserved. "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. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. 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 The company is keen to capitalize on the expanded scope of opportunities resulting from its merger with Retriev. Personalize which data points you want to see and create visualizations instantly. Save my name, email, and website in this browser for the next time I comment. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Stock analysis for Labrador Resources Inc (LTX:Venture) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 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. "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.". 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. This development results from the company's merger with Retriev Technologies. 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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. Did Anything Boost Pliant Therapeutics (PLRX) Stock In Extended Trading? The Belgian firm is a recycling and materials technology conglomerate. This is hoped to facilitate consistent and organic increases in shareholder value. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. Learn more at: http://www.retrievtech.com. Stock image. 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. Combined Offering Creates Recycling Solution for Industry and Consumers Enabling a Circular Supply Chain Opportunity. 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. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. CBI websites generally use certain cookies to enable better interactions with our sites and services. The companys merger with Retriev serves to facilitate the expansion of an already sizeable recycling footprint within North America. 2. 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. Get the latest business insights from Dun & Bradstreet. The earliest of these articles by Lain (2001) stated that "the Toxco process is designed for all types of lithium containing waste". 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.". The transaction included participation from new investor, Heritage-Crystal Clean, Inc. Located in Brea, CA, xEV Strategies is a specialized testing, refurbishment, warehousing, and logistics platform for large-format electric vehicle batteries. Lancaster, OH Easy Apply 30d. CatchingNews.com. The company currently specializes in the Environmental Services, Renewable Energy Equipment & Services areas. Download Your FREE Green Energy Report & Unlock Your Investment Potential Today! Related Stocks. Toxco Inc. rebranded in 2013 as Retriev Technologies Inc., retaining ownership of patents (McLaughlin and Adams, 1999; McLaughlin, 1994). Round. "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. 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. Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions.
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