Recent News

SCOA Commits $50,000 to Brazilian Red Cross To Support Brazil Disaster Relief Efforts

New York, NY – Sumitomo Corporation of Americas (“SCOA”) is committing USD $50,000 to the Brazilian Red Cross to support the disaster relief efforts related to the recent torrential rains in the Southern State of Brazil. This significant damage caused by the relentless heavy rains has impacted Southern State of Rio Grande do Sul Brazil since late […]

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Maritime Industry Leaders to Explore Ammonia as Marine Fuel in the U.S. West Coast

Oakland, CA – American Bureau of Shipping, CALAMCO, Fleet Management Limited, Sumitomo Corporation and TOTE Services, LLC (“TOTE Services”) today announced the execution of a Memorandum of Understanding (MOU) to jointly conduct a feasibility study (hereinafter “Study”) with the aim to be one of the pioneers in establishing a comprehensive and competitive supply chain for

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Nestlé Brazil and SC Brazil Form Partnership Focused on Decarbonization of Dairy Farms

Sao Paolo, Brazil – SC Brazil and Nestlé Brasil signed a memorandum of understanding during the Brazil Japan Business Forum, held in São Paulo. The event, which discussed environmental cooperation initiatives to comply with the Paris Agreement, was attended by Vice-President Geraldo Alckmin and Prime Minister of Japan Fumio Kishida. click here to read

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Strategic Biofuels Announces Strategic Investment from Magnolia Sustainable Energy Partners

Columbia, LA – Strategic Biofuels, a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by SCOA Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX). The investment from M-SEP will be used to further advance the company’s flagship

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Sumitomo Corporation of Americas Commits $50,000 to Chile Wildfire Relief Efforts

Sumitomo Corporation of Americas (SCOA) is committing USD $50,000 to Desafio Levantemos Chile, to support the wildfire relief efforts in Chile. Sumitomo Corporation Group has deep ties to the region, with Sumitomo Corporation (Chile) Limitada headquartered in Santiago, Chile. Read more

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SCOA and Strategic Biofuels Announce Major Investment Commitment

Strategic Biofuels, the leader in developing deeply negative carbon footprint renewable fuel plants, and Sumitomo Corporation of Americas (SCOA), a subsidiary of Sumitomo Corporation, a leading Fortune 500 global trading and business investment company dedicated to sustainability, announced today that they have entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project

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SC makes investment in Brazilian insect protein production and biotechnology company Cyns to Support Next Generation Sustainable Feed Production

Sumitomo Corporation, through Sumitomo Corporation do Brasil S.A. announced today a joint investment in a Seed round for Cyns, a biotechnology company located in Sao Paulo, Brazil, to unlock the next chapter of black soldier fly (BSF) farming in Latin America. Lambarin Investimentos, a Brazilian family office and wealth management firm, has also joined the

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SCOA and Invest Alberta Sign MOU to Accelerate Energy Transition throughout Province of Alberta, Canada

SCOA and Invest Alberta announced today the signing of a Memorandum of Understanding to partner together to support SCOA’s development of clean energy initiatives throughout the province of Alberta, Canada. The partnership will serve as a catalyst for developing energy transition opportunities within Alberta which has one of the world’s most advanced regulatory systems in place

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SCOA & Reconciliation Energy Transition Inc. Announce Exclusivity Agreement for Carbon Transportation and Sequestration Project in Alberta, Canada

Calgary AB and New York, NY – SCOA and Reconciliation Energy Transition Inc. (“RETI”) are pleased to announce they have entered into an agreement whereby RETI has granted to Sumitomo the exclusive right to acquire a significant equity interest in the East Calgary Carbon Transportation & Sequestration Project (the “CTS Hub”).   read more here…

SCOA & Reconciliation Energy Transition Inc. Announce Exclusivity Agreement for Carbon Transportation and Sequestration Project in Alberta, Canada Read More »

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