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Retriev's primary competitors include Battery Solutions, Li-Cycle, Aqua Metals and 10 more. Investors. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. HOBIs Mobile Device services group focuses on the resale and recycling of cellular assets. Operating Status Active. INDIANAPOLIS--(BUSINESS WIRE)--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. Next-generation carbon fiber heat management solutions for batteries and electronic systems are developed, manufactured, 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. Company Name Retriev Technologies Inc. Office Ohio, United States of America Factory location Trail, B.C. Act Now and Secure Your Future in Green Energy! 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. 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 information, visit www.retrievtech.com. The combined offering brings two complementary industry leaders together to create the first and only comprehensive battery management solution in North America. Projected CAGR is forecasted to be 12.3% from 2021 to 2030, as per a recent report from 2021. Copyright 2023 Surperformance. 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. 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. Canada (1 factory) Ohio, United States of America (2 factories CEO Steve Kinsbursky Retriev is a pioneer and market leader in the North American battery recycling industry. Secure and increase the performance of your investments with our team of experts at your side. 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). kristy.finch@omalleyhansen.com 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. For more information, visit https://batterysolutions.com/. 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 . Delayed Nasdaq Subsequent premarket fluctuations have seen the stock surge by 1.48%, bringing it up to USD$2.06. The battery materials recycling market from lithium materials segment is predicted to witness an 11.8% CAGR between 2023-2032. 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. -, 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. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. All rights reserved. of Transportation special permits for safe transport of higher capacity batteries. KULR Technology Group Inc. (KULR) stock prices were up by 2.53% as of the market closing on October 6th 2021. About KBIKBI is a fully permitted battery management and recycling operation in Southern California. $51K-$67K Per Year (Glassdoor est.) The shares last closed at AU$0.05. 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. Find company research, competitor information, contact details & financial data for Retriev Technologies Ltd of Trail, BC. This creates a substantial material resource for auto OEMs and battery manufacturers in the circular supply chain.. 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. Compare how recession-proof Retriev Technologies is relative to the industry overall. 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. Did Anything Boost Pliant Therapeutics (PLRX) Stock In Extended Trading? Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. We also specialize in economic news. Why Has The Steakholder Foods (STKH) Stock Price Gained 6% After-Hours? Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. October 6 th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. KBI is the ultimate downstream recycler that the industry trusts. 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. Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. Founded Date 1965. Personalize which data points you want to see and create visualizations instantly. 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 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. Secure and increase the performance of your investments with our team of experts at your side. Description. LANCASTER, Ohio-- . Copyright 2023 CB Information Services, Inc. All rights reserved. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. 773.621.2893, Internet Explorer presents a security risk. Don't wait - get our free report today! The collaboration is expected to create the largest lithium-ion battery recycler in North America. Retriev is an Ohio-based company that provides services such as battery recycling and management for consumer and industrial batteries. Retriev Technologies Inc. is a private company that has been in the industry for 38 years. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. Their latest acquisition was Battery Solutions on March 09, 2022. Retriev's operations include battery recycling and sorting facilities in Lancaster and Baltimore, Ohio, and Brea, California, as well as Trail, British Columbia. Retriev Technologies contact info: Phone number: (740) 653-6290 Website: www.retrievtech.com What does Retriev Technologies do? -- 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. The position of the CEO is occupied by Steve Kinsbursky. Invest in the Green-Energy Revolution now with our free report! Our extensive network has coast-to-coast coverage with battery experts to help you navigate the challenges of this expanding sector. Secure and increase the performance of your investments with our team of experts at your side. This development results from the company's merger with Retriev Technologies. Canada (1 factory) Stock image. HOBI International, Inc., is a premier IT asset management and electronics recycling company with facilities in Illinois, Texas, and Arizona. 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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. The lithium-ion battery market size will continue to be driven by the proliferation of electric vehicles, along with declining prices of lithium-ion batteries. "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. 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. Discovery Company profile page for Retriev Technologies, Inc. including technical research,competitor monitor,market trends,company profile& stock symbol Catching News are non-trivial topics and publications about how you make money and properly dispose of it. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. By continuing to use this site you are consenting to these choices. Learn more at: http://www.hobi.com/. The transaction included participation from new investor, Heritage-Crystal Clean, Inc. Retrievs process involves crushing the batteries and then retrieving the valuable metals from the crushed materials. The earliest of these articles by Lain (2001) stated that "the Toxco process is designed for all types of lithium containing waste". 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. Current and potential investors are hopeful that management will b able to leverage the resources at their disposal. We tell about business and entrepreneurship, start-ups, success stories. About Retriev Technologies. Retriev's Profile, Revenue and Employees. This development will provide a safe and cost-effective solution for their customers in the storage and transportation of lithium batteries for recycling. This partnership will ensure the success in bringing our shared vison of sustainability to fruition. The partnering company will serve the entire battery lifecycle, from pickup and transportation to critical material recovery and reuse. It was founded in 1965 and is based in Lancaster, Ohio. Provider of battery recycling and management services to corporations, government entities and consumers. October 6th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. Learn more at: http://www.retrievtech.com. 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. Act Now and Secure Your Future in Green Energy! Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. Marubeni has combined this experience with technical knowledge, expertise and a global network in this sector. Tokyo Nihombashi Tower, 7-1, Nihombashi 2-chome, Chuo-ku, Tokyo, 103-6060, Japan. 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. 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. 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. How Did The Kazia Therapeutics (KZIA) Stock Rise 7%. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Also included in the transaction is KBI's xEV Strategies division. Crystal Clean invested in Retriev Technologies's Corporate Minority funding round. You can read more about your cookie choices at our privacy policyhere. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. For more than 30 . Claim your profile to get in front of buyers, investors, and analysts. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. This process is well suited to lithium primary batteries, which contain . 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, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades. The Heritage Group - Battery Recycling Business. "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.". 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.. (*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. About KBIKBI is a fully permitted battery management and recycling operation in Southern California. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. KULR stock also boasts a fleet of more than 1,300 vehicles and 108 facility locations across North America. For more information, visit www.SolvedByRetriev.com, Cision Distribution 888-776-0942 our sites and services. The Rectifier Technologies PE ratio based on its reported earnings over the past 12 months is null. Retriev Technologies has 2 investors. Contact Email info@retrievtech.com. 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. Copyright 2023 Surperformance. 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. 2 Fundings. 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. 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. Company profile page for Retriev Technologies Inc including stock price, company news, press releases, executives, board members, and contact information Legal Name Retriev Technologies. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. (*2) Precursor: In the battery materials industry, this term refers to the material used before calcination process, that will be processed into cathode. Learn more. 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. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. 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. 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. Related Stocks. The collaboration is expected to create the largest lithium-ion battery recycler in North America. Your email address will not be published. 2023 PitchBook. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. 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 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.". Shane Thompson will serve as President of the combined company. 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! KULR stock has reported a strong quarter, the momentum of which it hopes to carry on through the upcoming quarters. View real-time stock prices and stock quotes for a full financial overview. Retriev Technologies serves clients operating in the industrial, electronic, and automotive industries. Lancaster, OH Easy Apply 30d. 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. Grant Accountant. The company has developed a range of recycling technologies to safely recycle different types of batteries. Retriev Technologies specializes in the recycling and management of batteries and battery related wastes. 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. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. Trail, B.C. 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. Date. Retriev Technologies is backed by the power of Indiana-based The Heritage Group and affiliates and California-based Kinsbursky Bros. Intl (KBI). 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. Battery Solutions has been a North American leader in battery recycling management with end-to-end solutions for 30 years. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. Company Type For Profit. 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. Retriev Technologies General Information. HCCI. Battery disposal collection and logistics is complex, and we have the solution. KBI is the ultimate downstream recycler that the industry trusts. 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. The growing need for recycling lithium can be attributed to the . Also included in the transaction is KBI's xEV Strategies division. Columbus, OH Easy Apply 7d. "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.". For over 25 years, Retriev has built its reputation as a global leader in battery recycling and management. KULR Stock's Partnership. 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. This maker also produces sulphate(*1), battery precursor(*2) and cathodes for rechargeable batteries used in both consumer products and electric vehicles. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. We are uniquely positioned with a platform of services and products to address lithium-ion and cross-chemistry batteries at end-of-life. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. Retriev Technologies acquired 2 companies. 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 Retriev, a global leader in battery management and recycling, has been at the forefront of environmentally safe and responsible recycling technology for decades, processing over 30 million pounds of lithium batteries over the last 25 years. Delayed Japan Exchange The combination with Retriev marks a key step in Heritage's expansion to further develop a comprehensive recycling and reuse battery management platform. RVP | Complete Retractable Technologies Inc. stock news by MarketWatch. Copyright 2023 Surperformance. All rights reserved. Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions. All rights reserved. You can read more about your. 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 . 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. Your email address will not be published. Valuation. HOBI, with nearly 30 years of ongoing related experience, is dedicated to be part of the solution managing these devices and products at the end of their first or second life, said Craig Boswell, President of HOBI. CBI websites generally use certain cookies to enable better interactions with our sites and services. CatchingNews.com. Why Did Nogin (NOGN) Stock Rocketed 45% After-Hours? 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.

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