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Monument Chemical Appoints Sarves Peri as New President

Monument Chemical announced today that Sarves Peri has been appointed President of Monument Chemical, effective January 1, 2026. Sarves will succeed current President Paul Raymond, who will retire in July 2026 after leading the company through a period of significant growth, operational strength, and market expansion.

Sarves brings more than 32 years of global chemical industry leadership experience, spanning R&D, operations, supply chain, commercial management, and business excellence. Since joining Monument in 2015, he has served in roles of increasing responsibility and played a key part in enhancing the company’s supply chain foundation, advancing business excellence initiatives, and supporting growth within Monument’s Europe and Solvents businesses. Most recently, Sarves led the successful transformation of Monument’s Renewables & Fuels business, strengthening performance and delivering meaningful value for customers.

“I’m honored to step into this role and deeply grateful for the trust placed in me,” said Sarves. “Monument has a strong foundation rooted in technical expertise, commercial excellence, and a commitment to customer partnership. I look forward to working closely with our teams and our customers as we build on that strength – accelerating growth, advancing innovation, and doing it all with the reliability and integrity our partners expect from us.”

Paul Raymond, who has served as President since 2020, will remain with Monument through mid-2026 to ensure a seamless transition. Under his leadership, Monument expanded its global reach, strengthened its manufacturing footprint, and advanced major strategic initiatives that positioned the company for long-term success.

“Our customers rely on Monument for partnership, dependability, and real problem-solving – and Sarves embodies all of these commitments,” said Paul. “He brings strong commercial instincts and a deep commitment to meeting customer needs, and I’m confident he will continue strengthening the relationships that define our success.”

Sarves’ industry foundation was built during his years at National Starch (a division of Unilever and ICI) and Ingredion, where he held leadership roles spanning innovation, operations, and global supply chain management. He earned his Ph.D. in Chemical Engineering from the State University of New York and his MBA in Finance from New York University, and he is a certified Lean Six Sigma Black Belt.

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New Battery EPR Laws

Battery Extended Producer Responsibility laws have passed in nine states, while others have active legislation

Charlotte, N.C. (Aug. 6, 2025) – As new Extended Producer Responsibility (EPR) laws for batteries sweep across the United States, companies throughout the battery supply chain are facing complex challenges in navigating compliance requirements, reporting obligations and sustainable end-of-life (EOL) battery management. Cirba Solutions, the premier battery recycling materials and management provider with over 30 years of industry leadership, is uniquely positioned to guide companies through this new and dynamic regulatory landscape, providing robust, sustainable solutions.

Batteries are found almost everywhere – in data storage systems, electronics, vehicles, e-mobility, power tools, toys, etc. Battery EPR regulations vary by state and format, covering small, medium or large formats, and in some instances by specific chemistries. In certain cases, the regulations provide exceptions to certain types of usage formats, such as embedded batteries or those used for non-consumer medical devices. Cirba Solutions is setting the industry standard by offering a comprehensive end-to-end approach for customers that combines advanced reporting capabilities, nationwide logistical support, compliance and battery processing, while managing all battery chemistries for the company’s customers. The battery recycling expert is equipped to support its partners through:

  • Tracking and Reporting Capabilities: Cirba Solutions provides tracking and reporting capabilities necessary for its customers to comply with each individual state’s regulatory reporting requirements. From annual volumes to battery chemistries, Cirba Solutions is available to assist with expert tracking and reporting capabilities.
  • End-of-life Program Support: Cirba Solutions’ end-to-end services, from leading in-house battery-centric reverse logistics capabilities to advanced processing technologies and material recovery, ensure coast-to-coast coverage to efficiently and effectively execute battery end-of-life programs.
  • Experience: As the most comprehensive and experienced battery recycler in North America (with six operational facilities), the company has supported stewardship plans for decades. With functionality including reporting, Cirba Solutions’ suite of capabilities allows companies to seamlessly execute EOL battery management plans.

“EPR legislation is reshaping how producers manage their battery obligations,” said Jay Wago, Chief Commercial Officer at Cirba Solutions. “With decades of experience, a strong nationwide infrastructure and our unmatched ability to handle all battery types, Cirba Solutions offers producers a turnkey pathway to meet compliance efficiently, accurately and sustainably.” In the past five years, nine states and districts (California, Colorado, Connecticut, Illinois, Nebraska,

New Jersey, Vermont, Washington and the District of Columbia) have passed battery EPR laws, and several others have active legislation.

Cirba Solutions will partner with companies to help navigate through the complex requirements, varying by state, giving organizations peace of mind when it comes to regulatory compliance and safe handling and disposal of batteries.

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Creating Safer Highways

HC+M’s Milestone Contractors Leads the Charge in INDOT Safe Zone Speed Camera Pilot Program

Road safety is a paramount concern, especially in construction zones where the risk of accidents can be high. As part of our unwavering commitment to safety and innovation, Heritage Construction + Materials (HC+M) and Milestone Contractors are at the forefront of championing the Indiana Department of Transportation’s (INDOT) Safe Zone speed camera pilot program, which aims to protect motorists and workers on the state’s highways.

Speeding and inattentive driving are big challenges for construction crews working on Indiana’s interstates. That is why we fully embrace the pilot program as a significant step forward in reducing collisions and casualties in work zones. For Milestone General Superintendent Chad Scott, the initiative is personal; as someone who has experienced the loss of a co-worker in a construction zone accident, the cameras represent the hope that reduced speeds might prevent other families from experiencing a similar loss. Scott and other industry professionals testified before the IN House in July 2023, leading the enactment of HEA 1015, which authorized the speed camera pilot program.

Scott recently led a transformative I-70 design-build project in Greenfield, IN. This crucial infrastructure upgrade added travel lanes in both directions to accommodate the region’s traffic volume. With its high stakes and location, the I-70 project became the inaugural site for the deployment of SafeZone speed cameras in August 2024. Previously, only concrete barriers and barrels stood between construction workers and fast-moving traffic.

Travelers along I-70 in Indiana now encounter highly visible signage notifying them of the speed cameras ahead. The SafeZone program is a game-changer, setting a new standard for penalizing speeding and promoting a change in driver behavior. The program aims to significantly reduce the number of accidents. In 2023, 33 fatalities and more than 1,750 injuries occurred in Indiana work zones, with unsafe speeds frequently being a contributing factor. Now, speed cameras offer an added layer of protection, ensuring workers can return home to their families safely each day.

Visit SafeZonesIN.com for more information about the Indiana Safe Zones program and its impact across Indiana.

Indiana’s Bold Move to Protect Workers and Drivers


About Heritage Construction + Materials

Heritage Construction + Materials (HC+M) is part of The Heritage Group, a privately held, family-owned business headquartered in Indianapolis. HC+M has core capabilities in infrastructure building. Its collection of companies provides innovative road construction and materials services across the Midwest. HC+M companies, including Asphalt Materials, Inc., Evergreen Roadworks, Milestone Contractors and US Aggregates, proudly employ 3,000 people at 68 locations across seven states. Learn more at www.heritagebuilds.com.

About Milestone Contractors, L.P.

Milestone Contractors is a privately held, family-owned business headquartered in Indianapolis. Milestone Contractors is a fully integrated heavy construction company specializing in highway, bridge, asphalt and concrete paving and site development. Over its 30-year history, Milestone has built a reputation for prioritizing safety, quality, people and innovation. Milestone Contractors is a part of The Heritage Group’s family of companies. Learn more at www.milestonelp.com.

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SolarCycle Announces New Recycling Facility

Cedartown, Georgia (October 31, 2024) – SOLARCYCLE, an advanced technology-based solar recycling company, today announced a 5 gigawatt (GW) recycling facility in Cedartown Georgia, in partnership with Georgia Governor Brian P. Kemp.

The 255,000 square foot facility will have the capacity to recycle and recover materials from 10 million solar panels per year, enough to process an estimated 25-30% of the U.S.’s retired solar panels in 2030. It will initially recycle 2 million solar panels per year and scale as the company meets growing market demand for end-of-life solar services and domestic solar supply.

The facility will be adjacent to SOLARCYCLE’s solar glass factory, announced in February. The glass factory will be the first in the U.S. to produce specialized glass for crystalline-silicon (c-Si) photovoltaics and will have the capacity to manufacture 5-6 GW of solar glass every year. SOLARCYCLE will employ more than 1250 full-time employees across both locations once the campus reaches full capacity.

“As Georgia continues to lead the nation in attracting jobs from emerging industries, we’re thankful SOLARCYCLE is moving up creation of these opportunities in northwest Georgia, benefitting that entire region’s economy,” said Governor Brian Kemp. “I want to thank our local and state partners who made this accelerated growth in Polk County possible, and I look forward to its impact in the years to come.”

“We are pleased to accelerate our work in Cedartown, Georgia in response to continued demand for solar recycling. By scaling recycling and solar glass manufacturing through a vertically integrated process, we are filling a critical gap in America’s solar supply chain and closing the loop for domestic solar manufacturing,” said Suvi Sharma, CEO and Co-Founder of SOLARCYCLE. “We thank Governor Kemp and the Biden-Harris Administration for their success driving clean energy policy forward. Their leadership has made it possible for the industry to grow operations in the U.S. and bring good jobs and meaningful investment to local communities as a result.”

To support the acceleration and expansion of the SOLARCYCLE circular economy campus in Cedartown, the company welcomes Microsoft to its roster of strategic investors, which includes Fifth Wall, HG Ventures, Prologis Ventures, Closed Loop Partners, and Urban Innovation Fund.

“The transition to a net zero economy will require massive deployment of renewable energy solutions at scale,” said Brandon Middaugh, Sr. Director of Sustainability Markets at Microsoft. “It’s important to us that companies like SOLARCYCLE are developing innovative solutions for ensuring that the raw materials required for this build out and deployment are returned to the supply chain.”

The facility will debut SOLARCYCLE’s next generation recycling process which will have the capacity to recover up to 99% of PV materials and is optimized for bifacial C-Si panels. This state-of-the-art closed loop process is significantly more flexible and scalable than previous recycling solutions while achieving much higher value and mass recovery rates.  Current recyclers are using the same technology platform for both monofacial and bifacial panels, which is extremely inefficient and leads to much lower quality recovered materials. Recovered materials from this recycling facility will be manufactured into new solar glass at the adjacent factory and sold directly back to American solar manufacturers to fill a critical gap in the country’s solar supply chain. The company has long-term partnerships with more than 70 of the nation’s largest energy companies to recycle and recover value from retired solar panels.

SOLARCYCLE currently operates facilities in Odessa, Texas and Mesa, Arizona. The new recycling facility is move-in-ready and will be operational mid 2025. The adjacent glass factory will be operational in 2026. SOLARCYCLE is hiring full-time jobs in manufacturing, engineering, management, research and design, and support staff. Open roles are available at www.solarcycle.us/careers.

 

About SOLARCYCLE, Inc.
SOLARCYCLE is leading the growth of the circular economy for solar in America. The company partners with the nation’s largest asset owners and manufacturers to recycle solar panels, recover valuable materials, and make key components for the next generation of solar panels and clean energy products. Through its circular economy solutions, SOLARCYCLE enhances the sustainability and resiliency of the solar supply chain in the US. Learn more at www.SOLARCYCLE.us.

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Envita Solutions Earns Second Supplier Excellence Award

Date: October 7, 2024

INDIANAPOLIS (October 7, 2024) – Envita Solutions, a leading provider of total waste management services, has earned a Supplier Excellence Award at the 2024 Eaton Supplier Conference. The award recognizes Envita’s outstanding performance as a supplier of indirect services to longtime partner Eaton, a global power management company.

“This award is a testament to the strong relationship we have built with Eaton over the last two decades,” said Shaun Miller, Senior Director, Operations & Sustainability at Envita Solutions. “As service providers, Envita aims to be a true extension of our customer’s operations. We are honored that our commitment to collaboration is being recognized.”

This is the second time Envita has been recognized for exceptional collaboration by Eaton throughout its 16-year partnership. Nominees for each award are carefully selected by the company’s category managers, ensuring that only the most deserving suppliers are considered.

The Supplier Excellence Award highlights Envita and Eaton’s shared commitment to sustainability. One of the key achievements that contributed to Envita’s recognition is their success in helping more than 100 Eaton facilities across North America achieve zero waste to landfill certification.

Additionally, Envita manages service business for more than 250 Eaton sites in North America. This comprehensive approach ensures that Eaton’s waste management needs are met efficiently and effectively, allowing the company to focus on its core business operations.

“We are dedicated to helping our partners achieve their sustainability goals,” said Drew Steuer, Operations Manager at Envita Solutions. “Our partnership with Eaton has been incredibly rewarding. Their commitment to reducing their environmental impact continues to grow, and it’s an honor to be part of such significant milestones.”

Envita’s commitment to excellence, innovation, and sustainability has made them a trusted partner for companies seeking comprehensive waste management solutions. Their recognition as a supplier of indirect services by Eaton further solidifies their position as a leader in the industry.

For more information about Envita Solutions and their waste management services, please visit www.envitainc.com.

About Envita Solutions

Envita Solutions is a leading total waste management provider helping customers reduce their environmental impact for nearly 25 years. The company is dedicated to fostering a healthier planet by transforming complex waste challenges into sustainable solutions. Headquartered in Indianapolis, Indiana, Envita Solutions operates in the U.S., Mexico, and Canada, has over 300 employees, and a vast network of supplier partners. Envita Solutions is part of The Heritage Group, a fourth-generation family-owned business managing and investing in a diverse portfolio of dozens of companies specializing in construction and materials, environmental services, and specialty chemicals. With unique access to research and development and a leading hard tech corporate venture capital portfolio, Envita Solutions is at the forefront of waste and climate innovation.

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Amy Schumacher Named Indiana 250 Honoree

IBJ Media names a list of Indiana 250 leaders annually. For the third year in a row, THG CEO Amy Schumacher has made the list. Learn more about our CEO from the compiled IBJ interviews from Jan. 6, 2023, July 20, 2023 and July 2024.​​​​​​​

Amy Schumacher has been part of The Heritage Group family of businesses for over 15 years. As CEO, she oversees the company’s portfolio of more than 30 businesses, HG Ventures, and its 5,500 employees. Under her leadership, The Heritage Group has increased its focus on sustainability and sustainable investments, including investing in what is now the largest EV battery recycling company in North America, Cirba Solutions; solar panel recycling; and production of sustainable aviation fuel. 

In 2008, Schumacher co-founded Monument Chemical, the group’s specialty chemicals business, and served as president and CEO for eight years. In that role, she was responsible for growing Monument from a small, Indianapolis-based business into a global company with operations in Europe and the United States. In 2016, she transitioned to president of The Heritage Group and was appointed CEO in 2020.

Schumacher serves on the Indiana Economic Development Corp. board as well as the boards of the Women‘s Fund of Central Indiana and Calumet Specialty Products.

Being a leader

Seeing team members succeed is my favorite part of being a leader. My grandad always told me to “bet on your people—they will amaze you and themselves!”

I also get a lot of satisfaction doing my part to serve as leader of our family business. This is way bigger than me, and I’m honored to play a small part in the ongoing evolution of The Heritage Group.

Admire most

I admire my dad and grandad for their longtime vision and dedication to our family and family business. My grandad never stopped working for our company, our community and our country—truly part of the “greatest generation.” He always urged us to do more than what was expected of you.

I admire my sisters for being great moms, their strength and their sense of adventure. I admire my girls—Bella and Lola—for their spirit and sense of humor. And I admire the many strong female business and political leaders who have come before me and helped pave the way.

Advice for young people

One important piece of advice that I received as a young person was to “commit and see.” So many young people have so much talent and training and are constantly advised to “keep their options open.” But I like the idea of doing your homework, picking a path and then making it the very best you can.

Favorite civic contribution

I am especially proud of the way my family shares our passion for kids, STEM and education with our extended family—all of the employees at The Heritage Group. From Kids Science Camp, a free experience we offer each summer to employees’ children in partnership with The Children’s Museum, to our college scholarship program, we believe that providing access to a good education is one area where we can make a positive impact.

Love about Indiana

I love the change of seasons. I love the college and pro sports. I love the race in May and the sweet corn in August. But what I love most are the people.

First job

Checkout clerk at Joe O’Malia’s grocery store. I learned the basics: Show up on time, have a positive attitude, work hard and treat people with respect and kindness. These lessons that I learned in my first job are still relevant today.

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Cirba Solutions Launches “SustainABILITY 10,000”

Battery recycling and management company focuses its community engagement programming on one mission – to create eco-living action in communities across North America

Charlotte, N.C. (April 18, 2024) – Cirba Solutions, the premier battery recycling and management company, today announced a considerable investment in sustainable battery recycling education. A new initiative titled, “SustainABILITY 10,000,” looks to turn communities into educated eco-living experts by Cirba Solutions and its team who will commit to 10,000 hours of community engagement, sustainable practices and education in communities across North America.

The movement to live a more eco-friendly life continues to stagnate due to a lack of education about the practical steps necessary to have a positive impact on the environment and increase our sustainability footprint. A recent study by Nielsen IQ revealed that 78 percent of consumers say a sustainable lifestyle is important to them and 30 percent are more likely to purchase products with sustainable credentials. Cirba Solutions’ new initiative focuses on increasing consumer education and social awareness of battery recycling opportunities in local communities, both proven to change behavior.

“In battery recycling, we experience the gap between desire and education every day. Despite most consumers wanting to recycle batteries, many simply don’t know how or where to do it. The result is that the majority end up in the trash or landfill and are not being properly recovered following battery end-of-life,” said David Klanecky, CEO and President of Cirba Solutions. “But we also know battery recycling doesn’t stand alone. Many eco-friendly choices we as consumers would like to make don’t happen simply because of a lack of education about how to turn that desire into action. By committing 10,000 hours of education into our communities and neighborhoods, our mission is to move that needle and empower people to take action and live a more sustainable life.”

The nationwide effort will first center in the regions where Cirba Solutions operates. These include North Carolina, South Carolina, Arizona, California, Michigan, Ohio and British Columbia, Canada.

Specifically, the effort will focus on three key areas:

  • Community Education: Working in partnership with local communities, Cirba Solutions will both integrate into existing education plans, while creating new ones to help spread the word about how and where individuals can recycle batteries.
  • Community Enhancement: Leveraging the power of neighborhood connection, Cirba Solutions will provide physical and visual opportunities for programs such as battery collection events, local education opportunities and support of STEM activities.
  • Digital Advocacy: Cirba Solutions will build online resources and tools accessible to every community to share resources and activities to develop green and sustainable literacy.

SustainABILITY 10,000 will officially kick-off the weekend leading up to Earth Week 2024, when Cirba Solutions will participate in a collection event with the Detroit Zoo, as part of the GreenFest 2024 E-Recycling Event. On Saturday, April 20th and Sunday, April 21st, Cirba Solutions will help the community divert waste from local landfills by collecting batteries.

“This initiative takes what we do at Cirba Solutions every day and raises the bar, so we’re focused on delivering actionable value into communities,” said Karen Gay, Community Engagement Manager at Cirba Solutions. “Our team is passionate about making a difference and we can’t wait to continue the great work we’ve done alongside community leaders as well as create new partnerships with organizations who share our mission.”

SustainABILITY 10,000 both focuses and builds upon Cirba Solutions’ continuing commitment to its give-back culture. In 2023 alone, the end-to-end battery recycling company worked with regional organizations and various local communities to discuss safety, planning and training. Cirba Solutions also worked with and discussed sustainability practices with U.S. Secretary of Energy, Jennifer Granholm, who attended the groundbreaking ceremony of Cirba Solutions’ battery recycling facility expansion in Lancaster, Ohio, and engaged with more than a half dozen local community groups to support causes ranging from holiday toy donations to reducing hunger in regional communities.

To learn more about Cirba Solutions’ community engagement efforts, visit: www.cirbasolutions.com/our-community

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HC+M Introduces Evergreen Roadworks

At Heritage Construction + Materials (HC+M), we have always understood our work is not just about constructing roads — it’s about journeys that span generations. Today, we proudly unveil the next chapter in our legacy: Evergreen Roadworks™. This marks a significant milestone as we further our mission to build safer, more enriching and sustainable environments for generations to come.

Evergreen Roadworks is a formidable new business, providing a wide-ranging suite of innovative, adaptive and sustainable paving solutions and applications designed to extend roadway life. We work to stretch our customers’ investments — building high-quality, long-lasting roadways that truly connect our communities in a better way.

Through the merger of Champaign Asphalt, Illiana Construction, Pavement Maintenance Systems and ProTack, Evergreen Roadworks begins its journey with a collective 165 years of industry leadership and operational excellence focused on raising the bar throughout the Midwest on pavement preservation and rehabilitation services.

HC+M CEO, Geoff Dillon said, “This marks a pivotal moment for the HC+M family of companies. We have provided quality products and services for decades through three key platforms: asphalt, aggregates and road construction. Now, we are proud to announce that we are establishing a fourth exciting new platform focusing on the future of sustainable road construction.”

“Evergreen is reimagining roads,” said Evergreen President Joe Lamb, “We believe in pushing the boundaries. At Evergreen Roadworks, we focus on durability and maximizing every pavement’s potential.”

Visit the Evergreen Roadworks website at www.evergreenroadworks.com to learn more.

 


About Heritage Construction + Materials

Heritage Construction + Materials (HC+M) is part of The Heritage Group, a privately held, family-owned business headquartered in Indianapolis. HC+M has core capabilities in infrastructure building. Its collection of companies provides innovative road construction and materials services across the Midwest. HC+M companies, including Milestone Contractors, Asphalt Materials, Inc., and US Aggregates, proudly employ 3,000 people at 55 locations across seven states. Learn more at www.heritagebuilds.com.

About Evergreen Roadworks

Evergreen Roadworks provides a wide-ranging suite of pavement solutions and proprietary applications. For generations, we have partnered with state and local agencies across the Midwest offering products and services that extend roadway life and increase infrastructure longevity. We work to stretch our customers’ investments, building high-quality, long-lasting roadways that truly connect our communities in a better way. Evergreen’s commitment to excellence in paving and pavement preservation goes beyond roadwork – to building relationships and crafting the foundations of our communities.

Contact

Patti Gault

pgault@heritagebuilds.com

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EQT Infrastructure Assumes Majority Position in Heritage Environmental Services

The Heritage Group and the EQT Infrastructure VI fund (“EQT Infrastructure”) today announced that they have entered into a definitive agreement under which EQT Infrastructure will assume a majority position of Heritage Environmental Service (“HES”). The Heritage Group will continue to remain a shareholder in the company.

Since 1970, Heritage Environmental Services has been at the forefront of protecting human health and the environment. What started as a small family-owned operation in Columbus, Indiana, has evolved into a fully integrated environmental services company with over 1,600 employees nationally. The company provides a full suite of tailored solutions from emergency response, waste disposal, and sustainability services to on-site support and technical solutions to thousands of customers in hundreds of industries and verticals. Under its new structure, HES will remain a stand-alone platform led by its existing management team.

JD Vargas, Partner within EQT Infrastructure’s Advisory team, said, “EQT’s investment in HES is a continuation of a strong partnership we have developed with The Heritage Group over many years. The investment further expands EQT’s thematic approach of investing in critical businesses that have a positive impact on society. We are excited to partner with the HES team as we invest to accelerate growth and ensure environmental stewardship to customers nationwide.”

Jeff Laborsky, HES CEO, said, “EQT has been a strong partner to The Heritage Group, and we are excited to expand our relationship. Importantly, the concepts of a similar culture, treatment of our employees, respect for the communities we serve and commitment to a long-term partnership with THG were key criteria in selecting EQT as our partner. Combined with EQT, our joint commitment is to continue to bring the most innovative reuse, recycle, treatment, and disposal solutions in the United States. HES is at the forefront of providing sustainable solutions to our customers, and EQT’s partnership will accelerate our growth and investment in expanding our differentiated offerings. We couldn’t ask for a better partner as we embark on this next phase of our company’s evolution.”

The transaction is subject to customary conditions and approvals. It is expected to close by 1Q 2024. Financial terms of the transaction were not disclosed.

Truist Securities was the exclusive financial advisor to The Heritage Group, and Kirkland & Ellis LLP served as legal counsel in connection with the transaction. Nomura Securities served as financial advisor, and Simpson, Thatcher & Bartlett provided legal counsel to EQT Value-Add Infrastructure.

About Heritage Environmental Services
Heritage Environmental Services is in the business of eliminating industrial waste, and we have been making a difference for our clients since our beginning in the 1970’s. As a family-owned business headquartered in Indianapolis, we take pride in solving complex problems by offering a wide array of tailored solutions, from waste disposal, on-site support, and technical solutions to
emergency response, and sustainability services.

Each one of our 1,600+ employees play an integral role in the process, and our technology continues to be on the cutting edge of this critical industry that has become more imperative than ever.

About EQT
EQT is a purpose-driven global investment organization with EUR 232 billion in total assets under management (EUR 128 billion in fee-generating assets under management), within two business segments – Private Capital and Real Assets. EQT owns portfolio companies and assets in Europe, Asia-Pacific and the Americas and supports them in achieving sustainable growth, operational excellence and market leadership.

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Cirba Solutions Announces Flagship EV Battery Facility In South Carolina

Cirba Solutions, the most trusted and comprehensive battery materials and management company for end-of-life batteries and gigafactory scrap, announced today a phase I investment of more than $300 million into a world-class lithium-ion electric vehicle (EV) battery recycling flagship facility in South Carolina. With over 30 years of experience, Cirba Solutions has paved the way for a sustainable closed-loop battery supply chain. The company is investing over $1 billion in the next five years to expand the infrastructure required to meet the growing demand for critical materials needed for EV batteries.

This will be Cirba Solutions’ eighth operational facility in North America and its fourth facility strategically located in the U.S. ‘Battery Belt’, an area where more than 15 new lithium-ion battery gigafactories or expansions have been announced between Michigan and Georgia since 2021. This flagship, industry-leading facility will bring critical battery materials to the U.S. and will focus on processing end-of-life hybrid and electric vehicle batteries, gigafactory scrap, and end-of-life consumer batteries to extract critical materials, such as nickel, cobalt, and lithium. These key metals will support the domestic lithium-ion battery supply chain and provide enough premium recycled, battery-grade materials to power over 500,000 EV batteries annually.

The over 200-acre battery materials campus will create more than 300 jobs and be located near Columbia, South Carolina in Richland County. Groundbreaking will take place this year, with operations expected to begin in late 2024.

“The State of South Carolina and Richland County have been tremendous partners in supporting Cirba Solutions’ strategy to build a sustainable battery materials supply chain,” said David Klanecky, President and CEO of Cirba Solutions. “We are proud to bring this battery materials mega-site to Richland County, which will create generational jobs in the state and support an amazing community. Additionally, it shows our commitment to provide sustainably sourced and domestic battery-grade raw materials for cathode production in North America.”

The State has been a magnet for economic development centered on sustainability and high-tech manufacturing that will bring jobs with an environmental focus to the area.

“South Carolina has worked hard to create a business environment where the electric vehicle industry can thrive, and with announcements like this it is most certainly paying off. We are proud to have Cirba Solutions as a partner as we continue to grow our already booming electric vehicle industry,” said South Carolina Governor Henry McMaster.

Beyond creating jobs, Cirba Solutions is focused on partnering and giving back to the communities in which it operates through outreach and career paths. For example, its new facility will also be used as an educational and professional training center. The company will bring critical knowledge and decades of experience to the community by highlighting processing technology for end-of-life batteries. This facility will have a keen focus on clean energy, ensuring thoughtful operational practices are used in processing these materials and converting them back into reusable battery materials.

“We are thrilled to be expanding our footprint and partnering with the state of South Carolina. This flagship battery materials site is crucial to the success of North America’s battery supply chain and is strategically located to support our partners,” said Luke Kissam, Chairman of Cirba Solutions Board.

The South Carolina campus is in addition to Cirba Solutions’ expanded Lancaster, Ohio and Trail, British Columbia facilities that have been processing batteries for decades. The company’s expanding footprint is bringing hundreds of new jobs to local communities, expanding the battery and sustainability sectors, and providing critical materials for electric vehicle manufacturing.

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