retriev technologies inc stock

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. 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. Amount. 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. View real-time stock prices and stock quotes for a full financial overview. Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. 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. HOBI International, Inc., is a premier IT asset management and electronics recycling company with facilities in Illinois, Texas, and Arizona. 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. You're more than your latest funding, tell our customers your company's story. Why Did Nogin (NOGN) Stock Rocketed 45% After-Hours? Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades. Discover small-cap mineral exploration companies set to be the next suppliers of green energy. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Secure and increase the performance of your investments with our team of experts at your side. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. 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. 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. Announce New Collaboration for Collection of EV Batteries. 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. Battery Solutions is committed to conserving natural resources from spent batteries, and diverting them from landfills, through scalable programs. 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 combined offering brings two complementary industry leaders together to create the first and only comprehensive battery management solution in North America. Claim your profile to get in front of buyers, investors, and analysts. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. "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. Projected CAGR is forecasted to be 12.3% from 2021 to 2030, as per a recent report from 2021. Recognizing the rapid . 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. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. All rights reserved. Retriev Technologies. (*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. 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. The company's services help to process batteries depending on the structure, form-factor and recoverable components from each battery type using automated hydrometallurgical processes, pyrometallurgical processes and hands-on . Crystal Clean invested in Retriev Technologies's Corporate Minority funding round. Also included in the transaction is KBI's xEV Strategies division. 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. KULR Technology Group Inc. (KULR) stock prices were up by 2.53% as of the market closing on October 6th 2021. October 6th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. Umicore Group (UMICY) Umicore is far less speculative than Li-Cycle, although it is not a pure-play lithium-ion recycling company. Retriev Technologies contact info: Phone number: (740) 653-6290 Website: www.retrievtech.com What does Retriev Technologies do? 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. 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. 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. Retriev Technologies was the largest and most experienced cross-chemistry battery recycler in North America and has recycled more than 50 million pounds of lithium-ion batteries. Contact Email info@retrievtech.com. Compare how recession-proof Retriev Technologies is relative to the industry overall. This development results from the company's merger with Retriev Technologies. 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. Provider of battery recycling and management services to corporations, government entities and consumers. Win whats next. The transaction included participation from new investor, Heritage-Crystal Clean, Inc The Rectifier Technologies PE ratio based on its reported earnings over the past 12 months is null. October 6 th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. The combination with Retriev marks a key step in Heritage's expansion to further develop a comprehensive recycling and reuse battery management platform. We have comprehensive plans to continue toinvest in and grow the company's product suite and capabilities. 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). Founded Date 1965. Stock analysis for Labrador Resources Inc (LTX:Venture) including stock price, stock chart, company news, key statistics, fundamentals and company profile. "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. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. 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. The collaboration is expected to create the largest lithium-ion battery recycler in North America. For over 25 years, Retriev has built its reputation as a global leader in battery recycling and management. Act Now and Secure Your Future in Green Energy! Retriev is an Ohio-based company that provides services such as battery recycling and management for consumer and industrial batteries. (*1) Sulphate: In the battery materials industry, this specifically refers to cobalt sulphate and nickel sulphate. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Retriev Technologies is backed by the power of Indiana-based The Heritage Group and affiliates and California-based Kinsbursky Bros. Intl (KBI). Company Type For Profit. This partnership will ensure the success in bringing our shared vison of sustainability to fruition. The earliest of these articles by Lain (2001) stated that "the Toxco process is designed for all types of lithium containing waste". Learn more at: http://www.hobi.com/. 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, . "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.". About KBIKBI is a fully permitted battery management and recycling operation in Southern California. 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. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. 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. Description. 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. This process is well suited to lithium primary batteries, which contain . 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. 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. ", 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. Company Name Retriev Technologies Inc. Office Ohio, United States of America Factory location Trail, B.C. Retriev Technologies has 2 investors. Retriev Technologies is a battery recycling and management company. Tokyo Nihombashi Tower, 7-1, Nihombashi 2-chome, Chuo-ku, Tokyo, 103-6060, Japan. Internet Explorer presents a security risk. Catching News are non-trivial topics and publications about how you make money and properly dispose of it. Get the best of both worlds with multiple salt dome opportunities in the green hydrogen space and precious metals development. For more information, visit www.retrievtech.com. Combined Offering Creates Recycling Solution for Industry and Consumers Enabling a Circular Supply Chain Opportunity. Required fields are marked *. Round. This maker also produces sulphate(*1), battery precursor(*2) and cathodes for rechargeable batteries used in both consumer products and electric vehicles. This partnership will ensure the success in bringing our shared vison of sustainability to fruition. 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. Retrievs process involves crushing the batteries and then retrieving the valuable metals from the crushed materials. About Retriev Technologies. It is calculated by dividing a company's price per share by its earnings per share. KBI, a longtime leader in battery recycling and management, will continue as an active equity partner in Retriev. 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 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. This development results from the companys merger with Retriev Technologies. Shane Thompson will serve as President of the combined company. The position of the CEO is occupied by Steve Kinsbursky. It was founded in 1965 and is based in Lancaster, Ohio. Current and potential investors are hopeful that management will b able to leverage the resources at their disposal. In February 2021, Marubeni Corporation (Marubeni) and Retriev Technologies Inc. (Retriev) announced a Strategic Partnership for developing an innovative business model for end-of-life Lithium-ion . 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. "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.". We also specialize in economic news. The company has developed a range of recycling technologies to safely recycle different types of batteries. 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'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 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. The shares last closed at AU$0.05. KBI is the ultimate downstream recycler that the industry trusts. 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. June 01, 2021 03:02 PM Eastern Daylight Time. 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, 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 Technologies specializes in the recycling and management of batteries and battery related wastes. The current customer portfolio includes thousands of customers, with an emphasis on automotive OEMs, environmental services, retail, communications and consumer products. We tell about business and entrepreneurship, start-ups, success stories. Act Now and Secure Your Future in Green Energy! 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.. Invest in the Green-Energy Revolution now with our free report! Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. The market size for lithium-ion batteries is expected to surpass USD$116 billion by 2030. Secure and increase the performance of your investments with our team of experts at your side. With over 30 years of commercial operations, Retriev represents the only long term North American lithium-ion battery recycling operation. 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. All rights reserved. our sites and services. The Heritage Group - Battery Recycling Business. KBI, a longtime leader in battery recycling and management, will continue as an active equity partner in Retriev. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. 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. Battery Solutions has been a North American leader in battery recycling management with end-to-end solutions for 30 years. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. 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 The battery materials recycling market from lithium materials segment is predicted to witness an 11.8% CAGR between 2023-2032. 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. Also included in the transaction is KBI's xEV Strategies division. Your email address will not be published. HCCI. 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. 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. Active, Closed, Whether an Organization is for profit or non-profit, General contact email for the organization. Stock image. This is useful in estimating the financial strength and credit risk of the company. CBI websites generally use certain cookies to enable better interactions with our sites and services. HOBIs Mobile Device services group focuses on the resale and recycling of cellular assets. Did Anything Boost Pliant Therapeutics (PLRX) Stock In Extended Trading? The growing need for recycling lithium can be attributed to the . Retriev Technologies Inc. and HOBI International, Inc. The company's services help to process batteries depending on the structure, form-factor and recoverable components from each battery type using automated hydrometallurgical processes, pyrometallurgical processes and hands-on mechanical disassembly, thereby enabling its clients and customers to access its services for recovery of metals, precious metals and a variety of other reusable materials. 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. Moving forward, Heritage Battery Recycling will operate under the Retriev Technologies brand. 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. For more information, visit https://batterysolutions.com/. Determine whether Retriev Technologies grew or shrank during the last recession. 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