Battery Recycling Services | Cirba Solutions All rights reserved. Retriev Technologies serves clients operating in the industrial, electronic, and automotive industries. The combined offering brings two complementary industry leaders together to create the first and only comprehensive battery management solution in North America. Internet Explorer presents a security risk. (*2) Precursor: In the battery materials industry, this term refers to the material used before calcination process, that will be processed into cathode. 0.03 . KULR Stock's Partnership. The shares last closed at AU$0.05. 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. This development will provide a safe and cost-effective solution for their customers in the storage and transportation of lithium batteries for recycling. We have comprehensive plans to continue toinvest in and grow the company's product suite and capabilities. Active, Closed, Whether an Organization is for profit or non-profit, General contact email for the organization. KBI is the ultimate downstream recycler that the industry trusts. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. Retriev Technologies has 2 investors. Lancaster, OH Easy Apply 30d. Delayed Nasdaq About KBIKBI is a fully permitted battery management and recycling operation in Southern California. The Belgian firm is a recycling and materials technology conglomerate. The transaction included participation from new investor, Heritage-Crystal Clean, Inc Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Get the latest business insights from Dun & Bradstreet. 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. RVP | Complete Retractable Technologies Inc. stock news by MarketWatch. When typing in this field, a list of search results will appear and be automatically updated as you type. Download Your FREE Green Energy Report & Unlock Your Investment Potential Today! Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions. (*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. It is calculated by dividing a company's price per share by its earnings per share. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. Retriev Technologies - Overview, News & Competitors | ZoomInfo.com Why Did Nogin (NOGN) Stock Rocketed 45% After-Hours? Retriev Technologies - Products, Competitors, Financials, Employees Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. 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. Copyright 2023 Surperformance. Learn more. LANCASTER, Ohio-- . 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 utilizes a patented hydrometallurgical process which recovers critical materials necessary for the manufacturing of lithium-ion batteries that are used to power our world. Also included in the transaction is KBI's xEV Strategies division. Valuation. Marubeni : Distribution Agreement with LineVision to Improve Efficiency of Transmission Li.. Executive Officer & Manager-Corporate Planning. KULR Technology Group Inc. (KULR) Stock on the Rise Following Merger Retrievs process involves crushing the batteries and then retrieving the valuable metals from the crushed materials. Secure and increase the performance of your investments with our team of experts at your side. Retriev's Profile, Revenue and Employees. 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. Here's to why KULR Technology Group Inc. (KULR) stock is moving high PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Act Now and Secure Your Future in Green Energy! Our extensive network has coast-to-coast coverage with battery experts to help you navigate the challenges of this expanding sector. With over 30 years of commercial operations, Retriev represents the only long term North American lithium-ion battery recycling operation. "Retriev has processed more lithium-ion batteries than any other participant in this market. "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. Investors. All rights reserved. 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. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. Company Type For Profit. 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. site you are consenting to these choices. The growing need for recycling lithium can be attributed to the . 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Retriev Technologies is backed by the power of Indiana-based The Heritage Group and affiliates and California-based Kinsbursky Bros. Intl (KBI). 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. Date. Retriev Technologies specializes in the recycling and management of batteries and battery related wastes. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. 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. Kristy Finch 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. 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. The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. Provider of battery recycling and management services to corporations, government entities and consumers. Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. Related Stocks. our sites and services. 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. Retriev Technologies General Information. 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. $51K-$67K Per Year (Glassdoor est.) Canada (1 factory) Ohio, United States of America (2 factories CEO Steve Kinsbursky Retriev Technologies Ltd Company Profile | Trail, BC, Canada Secure and increase the performance of your investments with our team of experts at your side. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. Learn more at: http://www.retrievtech.com. 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. The Rectifier Technologies PE ratio based on its reported earnings over the past 12 months is null. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Retriev Technologies Inc. and Marubeni Corporation Announce Strategic The collaboration is expected to create the largest lithium-ion battery recycler in North America. We are uniquely positioned with a platform of services and products to address lithium-ion and cross-chemistry batteries at end-of-life. 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). Columbus, OH Easy Apply 7d. Your email address will not be published. Retriev Technologies - Crunchbase Company Profile & Funding Legal Name Retriev Technologies. 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. This creates a substantial material resource for auto OEMs and battery manufacturers in the circular supply chain.. The company currently specializes in the Environmental Services, Renewable Energy Equipment & Services areas. This brought the price per share up to USD$2.03 at the end of the trading day. Company profile page for Retriev Technologies Inc including stock price, company news, press releases, executives, board members, and contact information Overview. Battery materials recycling market to gain massive - MarketWatch 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. Its headquarters is located at Lancaster, Ohio, USA. Compare how recession-proof Retriev Technologies is relative to the industry overall. 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. Get the best of both worlds with multiple salt dome opportunities in the green hydrogen space and precious metals development. 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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. . "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. For over 25 years, Retriev has built its reputation as a global leader in battery recycling and management. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. Ohio, United States of America (2 factories . 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). View contacts for Retriev Technologies to access new leads and connect with decision-makers. Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions. It was founded in 1965 and is based in Lancaster, Ohio. Retriev is an Ohio-based company that provides services such as battery recycling and management for consumer and industrial batteries. "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. 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. The company has developed a range of recycling technologies to safely recycle different types of batteries. 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.