Redwood spreads roots to European market
Acquires German Redux Recycling, strategic European plant Metal Tech News - September 27, 2023
Last updated 10/5/2023 at 4:51am
Following up on plans to spread its roots into the world's fastest-growing electric vehicle market, Redwood Materials Inc. has acquired the leading European Union battery recycler, Redux Recycling GmbH.
Located in Bremerhaven, on Germany's North Sea coast, Redux Recycling's facility is equipped to recycle up to 10,000 metric tons of lithium-ion batteries with a variety of chemistries.