Company Name Retriev Technologies Inc. Office Ohio, United States of America Factory location Trail, B.C. 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. Copyright 2023 Surperformance. Catching News are non-trivial topics and publications about how you make money and properly dispose of it. "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.". Get the best of both worlds with multiple salt dome opportunities in the green hydrogen space and precious metals development. Retrievs well-respected track record in research and development, excellent client services, and the highest level of environmental compliance demonstrates its unwavering commitment to the best recycling practices. 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. It is calculated by dividing a company's price per share by its earnings per share. This partnership will ensure the success in bringing our shared vison of sustainability to fruition. Get the latest business insights from Dun & Bradstreet. June 01, 2021 03:02 PM Eastern Daylight Time. 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. For more information, visit www.SolvedByRetriev.com, Cision Distribution 888-776-0942 Win whats next. 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. "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.". 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. HCCI. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. October 6th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. 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. With over 30 years of commercial operations, Retriev represents the only long term North American lithium-ion battery recycling operation. 34.70. The Retriev facility in Canada is R2 and ISO certified. This development will provide a safe and cost-effective solution for their customers in the storage and transportation of lithium batteries for recycling. Founded Date 1965. 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. This development results from the company's merger with Retriev Technologies. 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.. The company will also provide safe transportation logistics to the partnering companys battery collection operations across North America. 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. The Belgian firm is a recycling and materials technology conglomerate. Columbus, OH Easy Apply 7d. 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. 0.03 . Battery disposal collection and logistics is complex, and we have the solution. 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. 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 utilizes a patented hydrometallurgical process which recovers critical materials necessary for the manufacturing of lithium-ion batteries that are used to power our world. 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. HOBI International, Inc., is a premier IT asset management and electronics recycling company with facilities in Illinois, Texas, and Arizona. Retriev is an Ohio-based company that provides services such as battery recycling and management for consumer and industrial batteries. Canada (1 factory) Ohio, United States of America (2 factories CEO Steve Kinsbursky 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. Grant Accountant. View contacts for Retriev Technologies to access new leads and connect with decision-makers. Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades. Retriev is a pioneer and market leader in the North American battery recycling industry. 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. The collaboration is expected to create the largest lithium-ion battery recycler in North America. The earliest of these articles by Lain (2001) stated that "the Toxco process is designed for all types of lithium containing waste". 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 lithium-ion battery market size will continue to be driven by the proliferation of electric vehicles, along with declining prices of lithium-ion batteries. Combined Offering Creates Recycling Solution for Industry and Consumers Enabling a Circular Supply Chain Opportunity. About Retriev Technologies. 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. 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 has processed more lithium-ion batteries than any other participant in this market. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions. 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. Internet Explorer presents a security risk. Additionally, the Marubeni Group offers a variety of services, makes internal and external investments, and is involved in resource development throughout all of the above industries. Why Has The Steakholder Foods (STKH) Stock Price Gained 6% After-Hours? CatchingNews.com. 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.". Learn more. 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 over 25 years, Retriev has built its reputation as a global leader in battery recycling and management. Crystal Clean invested in Retriev Technologies's Corporate Minority funding round. Operating Status Active. The companys merger with Retriev serves to facilitate the expansion of an already sizeable recycling footprint within North America. October 6 th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. This process is well suited to lithium primary batteries, which contain . Act Now and Secure Your Future in Green Energy! LANCASTER, Ohio-- . (*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. 773.621.2893, Internet Explorer presents a security risk. Headquarters Regions Great Lakes, Northeastern US. Legal Name Retriev Technologies. Company Type For Profit. Retriev Technologies is backed by the power of Indiana-based The Heritage Group and affiliates and California-based Kinsbursky Bros. Intl (KBI).