Conagen, the bio-platform innovator and biomanufacturer, and Sumitomo Chemical, Japan’s leading chemical company, have announced to jointly develop p-hydroxystyrene (HS) and its polymer, poly p-hydroxystyrene (PHS), using a combination of biosynthesis, chemosynthesis and polymerization. The monomer and the polymer are 100% renewable carbon, marking a new era of sustainable production. Developing PHS using a combination … Read more
Sumitomo has completed the acquisition of Saconix LLC. from a U.S. private equity fund to make Saconix a wholly-owned subsidiary of the Sumitomo Corporation Group. Saconix is engaged in the distribution and transportation service of sulfuric acid in the US West and Gulf. Sulfuric acid is one of the world’s most used chemicals in a … Read more
Israel-based H2Pro has announced a partnership with Sumitomo Corporation, a conglomerate company, to collaborate on various green hydrogen initiatives. H2Pro, which is known for developing the innovative 95% efficient E-TAC electrolyzer system, has been actively partnering with industrial players globally to integrate green hydrogen into their clean energy transition plans. Under the agreement, Sumitomo Corporation … Read more
Sumitomo Chemical India Limited recently faced an accident at their Bhavnagar site in Gujarat on February 24, 2023. Following this incident, the Gujarat Pollution Control Board (GPCB) issued an order on its website, instructing the company to restrict and close its operations at the Bhavnagar site. The GPCB has set certain conditions that the company … Read more
Sumitomo Chemical has decided to acquire FBSciences Holdings, Inc., a U.S. company engaged in the business of biostimulants, a group of naturally-derived agricultural materials and a class of biorationals*. The acquisition is due to be completed subject to the prescribed procedures. Biorationals, which have a global market valued today at about $10 billion, about one-tenth … Read more
Sumitomo Chemical India Limited., an Indian subsidiary of agrochemicals manufacturer Sumitomo Chemical announced its results for the second quarter ended Sept 30, 2022. Q2 Results- QoQ The company’s net profit grew 45.8% to Rs 2.01 billion for the period ended Sept 30, 2022 as against net profit of Rs 1.38 billion for the previous quarter. … Read more
Sumitomo Chemical announced its decision to close down its production facilities for caprolactam at its Ehime Works, Niihama city, Ehime, Japan in October 2022, and exit the business. Sumitomo Chemical started production of caprolactam at its Ehime Works in 1965, employing a liquid-phase process, and has since been engaged in the business for more than … Read more
Sumitomo Chemical Co., Ltd. will construct a new manufacturing plant for active pharmaceutical ingredients (APIs) and intermediates for small molecule drugs at its Oita Works. This project is to enhance the Company’s capacity to supply a variety of high-quality APIs and intermediates in response to the increasing demand for small molecule drugs. The new plant … Read more
Sumitomo Chemical and Sekisui Chemical are moving forward with a project to convert plastic waste into polyolefin, targeting to start up a pilot plant to produce ethylene as a first step. Sumitomo Chemical has established a cooperative relationship with Sekisui Chemical Co., Ltd. for the social implementation of the technology to manufacture polyolefin using waste … Read more
Japan’s Sumitomo Chemical is licensing out its high-pressure production process for low density polyethylene (LDPE) and ethylene vinyl acetate (EVA) to Russian producer Kazan Organichesky Sintez PJSC (KOS), the Japanese firm said. Financial details of the contract and the project’s timeline were not disclosed. KOS is installing a new 100,000 tonne per year PE/EVA facility … Read more
Sumitomo Chemical has decided to establish a Carbon Neutral Strategy Council and a Carbon Neutral Strategy Cross-Functional Team on February 1, 2021, in order to promote and formulate the Sumitomo Chemical Group’s strategies for achieving carbon neutrality by 2050. Sumitomo Chemical’s approaches to carbon neutrality strategies To minimize greenhouse gas emissions associated with the Group’s … Read more
Sumitomo Chemical has begun exploring a possible combination of a propane dehydrogenation (PDH) technology that converts propane gas into propylene, with another technology that efficiently synthesizes methanol, using hydrogen and carbon dioxide (CO2), by-products from PDH. This initiative is under consideration in Sumitomo Chemical’s petrochemical complex in Singapore, and supported by the Singapore Economic Development … Read more
Sumitomo Chemical Co. has set up its new Zhuhai Sumika Polymer Compounds Co., Ltd. Wuxi branch, as a new production facility for polypropylene (PP) compounds, to enhance its automotive materials business in Wuxi, Jiangsu Province, China. Wuxi Plant is located on the premise of Sumika Electronic Materials (Wuxi) Co., Ltd., which is under the control … Read more
Sumitomo Chemical India Ltd, an Indian arm of Japan’s Sumitomo Chemical Co., Ltd. announced its consolidated financial results for the fourth quarter and full year ended March 31, 2020. Q4 Results The agrochemicals manufacturer reported a consolidated net profit of Rs 22.91 crore ($3 million) in Q4 March 2020 as compared to a net loss … Read more
Sumitomo Chemical announced on 2nd April that it invested $30 million in Conagen, a U.S. biotechnology company. The company has conducted joint research with Conagen since 2018 on the biosynthesis of existing chemicals. The fresh investment will further promote its strategic business alliance with Conagen and develop innovative high functional products and processes by way … Read more
Nufarm Limited announced on Monday, 30th September it had entered into an agreement to sell its South American crop protection and seed treatment operations in Brazil, Argentina, Colombia and Chile to Sumitomo Chemical Company Limited for $1,188 million cash (on a cash-free, debt-free basis and subject to customary net working capital adjustments on completion). Nufarm … Read more
Sumitomo Chemical India Limited (SCIL), a subsidiary of one of the leading global chemical companies Sumitomo Chemical Co., Ltd., Japan and a leading player in Indian agrochemical, household insecticides and animal nutrition sectors, announced the completion of the merger of Excel Crop Care Limited (‘ECC’) with itself (SCIL). The aforementioned merger process has been successfully … Read more