Fenix Parts confirms unsolicited offer from Upstate Shredding
By CRM Staff Westchester, Illinois — February 14, 2018 — Fenix Parts, a leading recycler and reseller of original equipment manufacturer automotive products, today confirmed that it has received an unsolicited, non-binding offer from Upstate Shredding to acquire all of the outstanding shares of common stock of Fenix Parts. The non-binding offer was received outside […]
Electric car batteries need cobalt, says Umicore
By CRM Staff Toronto, Ontario — February 14 –– Umicore has announced that cobalt will continue to be used in electric vehicle batteries, although it is becoming scarcer and more expensive. This comes in spite of recent moves toward using higher nickel compounds to boost energy density and cut costs. Marc Grynberg, chief executive officer, […]
Responsible battery coalition launches 2 million battery challenge at U.S. senate auto caucus briefing on sustainability
By CRM Staff Washington, D.C. — February 14, 2018 — A new initiative launched at the U.S Senate Auto Caucus briefing, to recover and recycle two million car batteries. The campaign is called the 2 Million Battery Challenge. A group of industry experts including battery manufacturers, retailers, recyclers and users dedicated themselves to the cause, […]
