Recent News

Sumitomo Corporation Group Establishes Renewable Energy Development Company in the U.S.

SC through SCOA together with Advantage Capital (AC) — a U.S. impact investment firm that is also working on the development of the renewable energy business — has established Perennial Renewables LLC (PR), a limited liability company that develops renewable energy projects with a focus on solar power generation. read more here

Sumitomo Corporation Group Establishes Renewable Energy Development Company in the U.S. Read More »

Allotrope Partners LLC, Axens North America and Sumitomo Corporation of Americas to Study Commercial Production of Low Carbon Biofuel Using Woody Biomass from Forest Thinning in California

Allotrope Partners LLC (“Allotrope”), Axens North America (“Axens”), and Sumitomo Corporation of Americas (“SCOA”) announced the signing of an agreement to develop a Joint Study for a commercial plant producing cellulosic bioethanol, utilizing the Axens Futurol™ process, produced from woody biomass through Allotrope Cellulosic Development Company LLC (“ACDC”), a project development company based in the

Allotrope Partners LLC, Axens North America and Sumitomo Corporation of Americas to Study Commercial Production of Low Carbon Biofuel Using Woody Biomass from Forest Thinning in California Read More »

Industry Leaders Share Initial Results of Pioneering Effort to Decarbonize Global Supply Chains June

New York, NY – In an effort to drive mitigation and decarbonization, Sumitomo Corporation of Americas, Bayer, JBS, AMAGGI, Rumo, and SINAI Technologies announced today the initial results of their first-of-its-kind collaboration to collect, allocate, and share primary emissions data across global supply chains. These results are the first step in the CarbonPrime initiative, which

Industry Leaders Share Initial Results of Pioneering Effort to Decarbonize Global Supply Chains June Read More »

SCOA and Carbon Opportunities Fund Lead the Way with First Transaction of Tokenized Carbon Assets reflected in the Climate Action Data Trust

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

SCOA and Carbon Opportunities Fund Lead the Way with First Transaction of Tokenized Carbon Assets reflected in the Climate Action Data Trust Read More »

SC Expands Market Presence and Function in U.S. Sulfuric Acid Business with Acquisition of Saconix

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

SC Expands Market Presence and Function in U.S. Sulfuric Acid Business with Acquisition of Saconix Read More »

SCOA Sponsors Syzygy Plasmonics’ Pilot Program to Demonstrate Sustainable Fuels Production System

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…

SCOA Sponsors Syzygy Plasmonics’ Pilot Program to Demonstrate Sustainable Fuels Production System Read More »

SCOA Makes Strategic Investment in IoT Software Company ClearBlade

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

SCOA Makes Strategic Investment in IoT Software Company ClearBlade Read More »

Sumitomo Corporation of Americas Opens office in Phoenix, AZ; Will support Business Development for Semiconductor Industry

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…

Sumitomo Corporation of Americas Opens office in Phoenix, AZ; Will support Business Development for Semiconductor Industry Read More »

Scroll to Top