The position of the CEO is occupied by Steve Kinsbursky. Canada (1 factory) 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. You can read more about your. 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. 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. "Retriev has processed more lithium-ion batteries than any other participant in this market. 0.03 . 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. Retriev, the recognized leader in battery management and recycling, has been at the forefront of safe and responsible recycling technology for decades. The partnering company will serve the entire battery lifecycle, from pickup and transportation to critical material recovery and reuse. $47K-$62K Per Year (Glassdoor est.) Determine whether Retriev Technologies grew or shrank during the last recession. The companys merger with Retriev serves to facilitate the expansion of an already sizeable recycling footprint within North America. 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. 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. The opportunity to deliver upon North Americas need for an end-of-life reuse solution for batteries that involves critical materials recycling at scale creates an extremely competitive value chain for the United States, said David Klanecky, CEO, Retriev Technologies. 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 . PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. our sites and services. Act Now and Secure Your Future in Green Energy! Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. "Based on my 20-year career in battery recycling, no other company is better suited for success in this industry," said Thompson. Round. October 6th 2021 saw KULR stock announce the expansion of its share in the safe battery transportation market share. Battery Solutions is committed to conserving natural resources from spent batteries, and diverting them from landfills, through scalable programs. The companies will develop a business model by which valuable metals recovered from EOL LiB can be reused. 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 Trail, B.C. The current customer portfolio includes thousands of customers, with an emphasis on automotive OEMs, environmental services, retail, communications and consumer products. The combined offering brings two complementary industry leaders together to create the first and only comprehensive battery management solution in North America. All rights reserved. About KBIKBI is a fully permitted battery management and recycling operation in Southern California. KBI is the ultimate downstream recycler that the industry trusts. Get the best of both worlds with multiple salt dome opportunities in the green hydrogen space and precious metals development. 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. 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. 34.70. 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. CBI websites generally use certain cookies to enable better interactions with. Recognizing the rapid . The transaction included participation from new investor, Heritage-Crystal Clean, Inc Claim your profile to get in front of buyers, investors, and analysts. Their latest acquisition was Battery Solutions on March 09, 2022. Current and potential investors are hopeful that management will b able to leverage the resources at their disposal. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. 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. The collaboration is expected to create the largest lithium-ion battery recycler in North America. KULR stock has reported a strong quarter, the momentum of which it hopes to carry on through the upcoming quarters. We are uniquely positioned with a platform of services and products to address lithium-ion and cross-chemistry batteries at end-of-life. Its headquarters is located at Lancaster, Ohio, USA. 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. Retriev's reputation is built on research, knowledge, compliance and responsible battery recycling and management services. 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. Grant Accountant. For more information, visit https://batterysolutions.com/. Save my name, email, and website in this browser for the next time I comment. Retriev is an integrated battery recycling platform that includes the operations of Heritage Battery Recycling, Retriev Technologies, and Battery Solutions. 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.". 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. Investors. 2023 PitchBook. 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. Retriev's primary competitors include Battery Solutions, Li-Cycle, Aqua Metals and 10 more. Stock analysis for Labrador Resources Inc (LTX:Venture) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Provider of battery recycling and management services to corporations, government entities and consumers. Companies within the THG portfolio include Heritage Environmental Services, Heritage Construction + Materials, and Monument Chemical. 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. Why Has The Steakholder Foods (STKH) Stock Price Gained 6% After-Hours? To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. CatchingNews.com. How Did The Kazia Therapeutics (KZIA) Stock Rise 7%. Copyright 2023 Surperformance. Founded Date 1965. LANCASTER, Ohio-- . Phone Number +1 740-653-6290. Lancaster, OH Easy Apply 30d. Date. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Shane Thompson will serve as President of the combined company. Also included in the transaction is KBI's xEV Strategies division. 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. 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. Description. 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. KULR stock will expand its offerings from its existing partnerships customer programs in the e-bike and scooter markets. This brought the price per share up to USD$2.03 at the end of the trading day. Delayed Nasdaq 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. Retriev Technologies's latest funding round was a Corporate Minority for on April 19, 2022. 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. Act Now and Secure Your Future in Green Energy! 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. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. 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. Learn more at: http://www.hobi.com/. The earliest of these articles by Lain (2001) stated that "the Toxco process is designed for all types of lithium containing waste". The combination with Retriev marks a key step in Heritage's expansion to further develop a comprehensive recycling and reuse battery management platform. The collaboration is expected to create the largest lithium-ion battery recycler in North America. KBI, a longtime leader in battery recycling and management, will continue as an active equity partner in Retriev. 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. (*1) Sulphate: In the battery materials industry, this specifically refers to cobalt sulphate and nickel sulphate. Company Name Retriev Technologies Inc. Office Ohio, United States of America Factory location Trail, B.C. Internet Explorer presents a security risk. Retriev Technologies, Inc. announced that it has received funding on April 19, 2022. 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. 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. 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.