Latest news with #WBE
&w=3840&q=100)
Business Standard
06-05-2025
- Automotive
- Business Standard
China's EV battery waste boom sparks gold rush in recycling sector
As China's green transformation speeds up, the waste from electric vehicle (EV) batteries and solar panels is quickly turning into a profitable business, according to a report by the South China Morning Post. Chinese companies are seeing a rising demand for recycling machines that extract valuable metals like lithium, cobalt and nickel from exhausted lithium-ion batteries and retired photovoltaic modules. These components, often dubbed 'white gold', retain significant value and are key to China's mineral self-reliance strategy. At a recent environmental tech trade fair in Shanghai, businesses found that around 70 per cent of their operations now revolve around recycling equipment for batteries and solar panels. The trend mirrors a national pivot toward circular economy practices, driven by growing volumes of new-energy waste and tightening regulations. Millions of tons of used car batteries to be scrapped annually After a decade of rapid EV growth, battery retirement in China is gathering pace. Projections show over four million tonnes of used car batteries will be scrapped annually by 2028, potentially generating a recycling industry worth more than 280 billion yuan ($38.5 billion). Solar panel waste is also set to rise sharply over the next five years. Amid rising global trade tensions and challenges in securing overseas mineral supplies, China is ramping up domestic recovery efforts. A state-owned behemoth, China Resources Recycling Group, was formed last year to streamline recycling of everything from electronics to wind and solar infrastructure. However, the sector is still nascent. A white-list policy governs 156 certified recyclers; however, illegal workshops still dominate due to weak collection networks, the report noted. Despite high-tech advances, such as CATL's claim of recovering over 90 per cent of key materials from old batteries, many recyclers face overcapacity as legal supply lags. There are 177,000 battery recycling-related enterprises in China, and more than sixty percent of them were established within 3 years #BatteryRecycling — World Battery & Energy Storage Industry Expo(WBE) (@WBE_Linda) May 6, 2025 Better oversight needed in EV sector With regulatory support growing and EV adoption accelerating, industry players expect a surge in waste volumes and investment opportunities. But experts warn that without tighter oversight and better infrastructure, China's ambitions for a closed-loop green economy could face critical bottlenecks. Lithium-ion batteries have a finite life, and the scarcity of raw materials like lithium, cobalt, and nickel, battery recycling is essential for sustainability, cost-efficiency, and resource security. EV battery recycling in India In India, used EV batteries are either repurposed for second-life applications like stationary energy storage or recycled to recover valuable materials like lithium, cobalt, and nickel. The government is also developing standards for battery recycling, such as the Battery Waste Management Rules, 2022, which mandates EV manufacturers to collect and recycle used batteries. As well as the PLI Scheme for Advanced Chemistry Cell (ACC), which also encourages the development of a circular battery economy and the Swachh Bharat Mission and E-Waste Management Rules. According to a 2024 report by S&P Global, Lithium-ion (Li-ion) battery demand in India is expected to jump from 4 GWh in 2023 to 139 GWh by 2035, driven primarily by the light vehicle segment (especially compact SUVs). The same report also expects India's domestic sourcing to reach 13 per cent by 2030, down from a heavy reliance on imports from China, South Korea, and Japan.
Associated Press
02-04-2025
- Business
- Associated Press
Younkins & Schecter LLP Welcomes Robert F. Russell to Partnership Team
Prominent WBE CRE Law Firm Promotes Senior Associate to Partner 'Bob brings a wealth of experience and expertise to our Firm, and we welcome him as our new partner,' — Kathy Younkins, Managing Partner, Younkins & Schecter LLP. NEW YORK, NY, UNITED STATES, April 2, 2025 / / -- Younkins & Schecter LLP, a leading Manhattan-based, women-owned law firm with a dedicated commercial real estate practice, is pleased to announce the promotion of Robert F. Russell to Partner. Russell joined the WBENC-New York State and New York City (WBE)-certified firm in 2011 and currently serves as a senior associate. 'Bob brings a wealth of experience and expertise to our Firm, and we welcome him as our new partner,' says Kathy Younkins, Managing Partner. 'He has a proven track record of successfully negotiating complex lease agreements and providing strategic counsel to clients on all aspects of commercial leasing transactions.' Russell represents landlords and tenants in such asset sectors as office, retail, industrial, and mixed-use. In addition to leasing transactions, he advises clients on construction agreements, service agreements and other ancillary agreements related to the ownership and operation of commercial real estate. Adds Co-Founding Partner Mardi Schecter, 'Bob continues to deliver on behalf of our clients with a winning combination of skill, intellect, and common sense. He has been a great member of our Firm for a long time, and we are delighted to call him 'partner!'' Russell graduated magna cum laude from the University of San Francisco School of Law, where he was a member of the Law Review. He received his B.A. from Boston College. Prior to attending law school, Russell worked in the leasing department at Urban Retail Properties, LLC. The experience exposed him to the business side of the real estate industry, which he continues to draw upon when developing practical, effective solutions that enable clients to achieve their immediate goals while safeguarding their long-term interests. Russell is licensed to practice in New York and California. # # # About Younkins & Schecter LLP Younkins & Schecter LLP is a New York City-based boutique law firm founded in 1996 by Kathy A. Younkins and Mardi J. Schecter. The WBENC-certified practice specializes in commercial real estate, offering legal counsel for Commercial Leasing, Property Management, Construction, Real Estate Acquisitions, Development and Financing, Restructurings, Corporate Organization, and serving as General Counsel for numerous owners, operators, and users of real property. Linda Alexander Alexander Marketing Corp. Legal Disclaimer:
Yahoo
26-03-2025
- Business
- Yahoo
Multicultural Megachurch Coming to Spring, Texas
HOUSTON, March 26, 2025 /PRNewswire/ -- Right Choice Construction has completed Intimidad con Dios Worship Center's earthwork phase and is now progressing in the civil and concrete portions of construction. Intimidad con Dios is a nondenominational church located in the north Houston area. In addition to being a hub for spirituality, the church serves as a support center with addiction aid staff on hand. It also assists Houston's community in times of crisis by distributing food, clothing, furniture, and other items to those in need. "Iglesia Intimidad con Dios is a powerful testament to faith, dedication, and the unwavering belief of Houston's community," says Pastor Eddie Ortiz. "As we continue its ground-up construction, we know it will become more than just the largest multicultural church in Texas—it will be a hub of faith, compassion, and service that can further facilitate the mission of returning as many as possible to God's original design," Ortiz states. The 130,000 SQ FT structure will feature a coffee shop, children's center, common areas, prayer tower, recording studio, and a multipurpose 2,400-seat auditorium to accommodate a growing congregation. Parking includes more than 600 spots for attendees. "As we embark on this journey, we invite you to join us and be a part of history. We welcome individuals, families, and businesses to contribute in any way they can–each donation will make a difference in bringing this structure to life," says Pastor Jose Martinez. The project is projected to be completed in late spring 2026. The church's website is and donations can be made at About Right Choice Construction Right Choice Construction is a woman-owned commercial construction company with over 25 years of experience in the industry. Right Choice Construction is a Certified City of Houston Women Business Enterprise (WBE) and Women-Owned Small Business (WOSB) under the Small Business Administration (SBA). Right Choice Construction specializes in ground-up construction, and its principles of compliance, quality, and client satisfaction are at the core of its operations. Learn more at PR Contact: Danielle Wright | Right Choice Construction danielle@ View original content to download multimedia: SOURCE Right Choice Construction Sign in to access your portfolio
Associated Press
28-02-2025
- Business
- Associated Press
Palisade Capital Management Earns BBB® Accreditation
Palisade Capital Management Earns BBB® Accreditation / -- Palisade Capital Management, LP is proud to announce our achievement of Accreditation with the Better Business Bureau®. In business as a registered investment adviser since 1995, Palisade is a trusted investment management firm proudly serving clients throughout New Jersey, New York, and nationwide. The firm specializes in financial planning and wealth management for individuals and families, and also provides institutional investment management to corporations, public entities, and foundations. Palisade is certified as a Women's Business Enterprise (WBE) and is independently owned by our management team. The Better Business Bureau® (BBB) is a standards-based, nonprofit organization with a local Board of Directors that works to advance business trust. BBB believes businesses and nonprofits that embrace trust as a core principle in their organization will see growth in employees, customers, community, and their bottom line. Palisade President and Chief Executive Officer Alison Berman commented, 'Palisade is honored to have been Accredited by the Better Business Bureau. As fiduciaries, Palisade has always operated our business through the lens of ethics and trust, and BBB Accreditation perfectly reflects that philosophy.' About Palisade Capital Management Palisade Capital Management, LP is an independent, owner-operated investment management firm headquartered in Fort Lee, New Jersey. Founded in 1995, Palisade has built its business around developing and managing specialized investment strategies for individuals, families, corporations, pension plans, and other institutions. The firm has dedicated investment teams that actively manage Small Cap Core Equity, Smid Cap Core Equity, Focused Equity, and a variety of Convertible Securities portfolios, as well as a robust private wealth management and financial planning offering for individuals and families. Disclosures Past performance is not a guarantee of future results. No assurance can be given that any strategy referenced herein will be successful. The performance of the strategies can be volatile and involve a high degree of risk. Investors may lose some or all of their investment. This notice has been prepared for informational purposes only and is neither an offer to sell, nor a solicitation of an offer to buy any security, instrument, or investment product. Certain information contained in this presentation constitutes 'forward-looking statements,' which can be identified by the use of forward-looking terminology such as 'may,' 'will,' 'should,' 'expect,' 'anticipate,' 'project,' 'estimate,' 'intend,' 'continue,' or 'believe,' or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events, results or the actual performance of investments may differ materially from those reflected or contemplated in such forward-looking statements. Nothing herein may be relied upon as a guarantee, promise, assurance or a representation as to the future. Media Contact Alison Berman (201) 346-5730 Palisade Capital Management LP Palisade Capital Management LP +1 (201) 585-7733 X LinkedIn Instagram YouTube
Associated Press
25-02-2025
- Business
- Associated Press
Park Slope Cleaning Receives WBE Certification
Park Slope Cleaning obtains WBE certification for commercial cleaning services in NYC NEW YORK, NY, February 25, 2025 (EZ Newswire) -- Park Slope Cleaning, a leading provider of commercial cleaning and janitorial services in New York and Miami, proudly announced today that they have received their WBENC Women's Business Enterprise (WBE) Certificate. This certification further solidifies Park Slope Cleaning's commitment to diversity and inclusion in the industry. Obtaining the WBENC Women's Business Enterprise (WBE) Certificate is a significant milestone for Park Slope Cleaning as it demonstrates their dedication to supporting women-owned businesses and promoting equality in the workplace. This certification also opens up new opportunities for Park Slope Cleaning to collaborate with government agencies and other organizations that prioritize working with certified women-owned businesses. As a company that specializes in commercial cleaning and janitorial services for establishments in New York and Miami, being WBENC Certified sets Park Slope Cleaning apart from competitors. This certification showcases their expertise and reliability in providing top-notch services while also contributing to the advancement of women in the business world. Diana Ciechorska, General Manager, expressed: 'Earning our WBENC Certification is a significant milestone for our team. We look forward to continuing to provide our clients with the same exceptional service and professionalism they trust and expect from us.' Looking ahead, Park Slope Cleaning plans to expand their reach and take on more corporate clients in the New York and Miami area. They are committed to upholding the values of their certification and continuing to provide exceptional services to businesses in need of reliable cleaning solutions. For more information about Park Slope Cleaning and their services, please visit .
