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Washington, D.C. — In an important step and key milestone for the carbon markets, Carbon Opportunities Fund and Sumitomo Corporation of Americas (SCOA) announced one of the first transactions of tokenized carbon credits leveraging the Climate Action Data Trust (CAD Trust) built on the Chia blockchain. Click here to read

Sumitomo Corporation of Americas (SCOA) together with its parent, Sumitomo Corporation Japan (SC) announced its acquisition of Saconix LLC (Saconix), a company engaged in the procurement, sale, storage and distribution of sulfuric acid in the Western U.S. and the Gulf Coast region, expanding its market presence in the Sulfuric Acid business in North America. click

Sumitomo Corporation of Americas (“SCOA”), the largest subsidiary of Sumitomo Corporation (SC), today announced the establishment of a new investment company, SCOA Real Estate Partners (SREP,) focused primarily on the development of residential and industrial projects. click here for the full story

SCOA announced today its participation as a sponsor for Syzygy Plasmonics’ pilot program with the nonprofit research institute RTI International, to demonstrate sustainable fuel production at the RTI facility in Research Triangle Park, North Carolina, USA.  read more…

New York,  NY – SCOA announced today its investment in ClearBlade, an Internet of Things (IoT) company headquartered in Austin, Texas. SCOA’s investment will help the company expand its operations internationally and provide SCOA and affiliated companies’ access to ClearBlade’s world-class software. read more

New York, NY – Sumitomo Corporation of Americas  announced today the opening of its Phoenix, Arizona office in the Regus building in the north side of Phoenix. This office will support the further development and operations of SCOA’s semiconductor business. Read more…

New York, NY — Presidio Ventures, a Sumitomo Corporation of Americas (“SCOA”) Group Company, has joined together with existing investors Khosla Ventures, Alphabet, Ingka Investments (of the IKEA Group) and Geolo Capital to participate in Ori’s recently closed round of equity financing.  Led by South Korean conglomerate, Eugene Group, this funding positions the rapidly growing

New York, NY – Sumitomo Corporation of Americas (“SCOA”) announced today its partnership with the state of North Dakota to evaluate and develop businesses within the energy transition market, with the intent to accelerate decarbonization in the state and even beyond. read more…

Syzygy Enters Joint Development Agreement with LOTTE Chemical, LOTTE Fine Chemical and Sumitomo Corporation of Americas to Deliver Fully Electric Chemical Reactor Technology in the Race to Produce Clean Hydrogen The adoption of this innovative technology positions LOTTE and Sumitomo as leaders in the hydrogen industry and advances goals to decarbonize Korea Read more

Cuiaba, Brazil – Sumitomo Corporation has reached an agreement with shareholders of NATIVA AGRONEGÓCIOS & REPRESENTAÇÕES LTDA. and NATIVA AGRÍCOLA E REPRESENTAÇÃO LTDA. (collectively, “Nativa”), an agricultural supplies distributor in southeastern Brazil, to acquire all shares of Nativa to make it a wholly owned subsidiary.  read more…