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Sumitomo Expands Global Cosmetics Business With Launch of Joint Venture with Cosmotec of Brazil
SCOA, Sumitomo Corporation and Sumitomo Corporation do Brasil have entered into an agreement to form a cosmetic ingredient distribution business with Cosmotec, a leading major supplier of cosmetic ingredients and pet supplies in Brazil.
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SCOA, Illinois Governor, U.S. Transportation Secretary Announce Landmark Railcar Manufacturing Contract
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SCOA, Duke Energy To Dedicate Second Kansas Wind Farm
SCOA and Duke Energy Renewables announced the completion of the second of the join venture partners' two Kansas wind farms - the Ironwood Windpower Project in Ford County.
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Media Tours
Sumitomo Expands Global Cosmetics Business With Launch of Joint Venture with Cosmotec of Brazil
New York, New York, March 7, 2013 - Positioning themselves as a major player in the global cosmetics business, Sumitomo Corporation of America, along with parent company Sumitomo Corporation and Sumitomo Corporation do Brasil have entered into an agreement to form a joint cosmetic ingredient distribution business with Cosmotec, a leading major supplier of cosmetic ingredients and pet supplies in Brazil.
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SCOA, Illinois Governor, U.S. Transporation Secretary Announce Landmark Railcar Manufacturing Contract
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SCOA Duke Energy To Dedicate Second Kansas Wind Farm
New York, New York, October 18, 2012 - SCOA and Duke Energy Renewables announced the completion of the second of the join venture partners' two Kansas wind farms - the Ironwood Windpower Project in Ford County.
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Sumitomo Invests in Desert Sunlight Solar Farm, The Largest PV Project Approved for Federal Land
New York, New York, October 2, 2012 -- SCOA and Sumitomo Corporation have invested in the Desert Sunlight Solar Farm, a 550-megawatt solar power project under construction in the California desert, east of Palm Springs.
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SCOA Statement On Receiving Notice Of Intent To Award Contract By Caltrans
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Shepherds Flat, Largest On-Shore Wind Farm in the World, Begins Operations
Arlington, Oregon, September 24, 2012 -- SCOA executives were on-site to mark the kick-off operations of Shepards Flat Wind Farm, one of the largest on-shore wind farms in the world, generating up to 845 MW of clean wind energy. SCOA joined co-owners, Caithness Energy, GE Energy Financial Services, Google and Tyr Energy, Inc., as Shepards Flat began operations in Oregon.
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Duke Energy and Sumitomo Complete First Kansas Wind Farm
Charlotte, NC, June 11, 2012 -- Duke Energy Renewables and Sumitomo Corp. of America (the U.S. subsidiary of Sumitomo Corp.) announced today the completion of the first of the joint venture partners’ two Kansas wind farms – the Cimarron II Windpower Project in Gray County.
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Diversified CPC Acquires Pure Chem Separation Furthering Its Sustainable Refrigerant Recycling Business
New York, New York May 3, 2012 -- Diversified CPC, International Inc. (DCPC) a leading propellant gas supplier and a subsidiary of Sumitomo Corporation of America announced theacquisition of Pure Chem Separation, L.P. (PCS), today. The new entity will be known as DiversifiedPure Chem, LLC.
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TBC Gets The Midas Touch
Palm Beach Gardens, FL and Itasca, Ill – April 30, 2012 — SCOA subsidiary TBC Corporation (TBC), one of the largest marketers of replacement tires in the US, today announced that it has completed the acquisition of Midas, Inc.
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SCOA and Duke Energy Secure Financing for Kansas Wind Farms
CHARLOTTE, N.C., April 26, 2012 – SCOA and Duke Energy Renewables annouced today that the companies have finalized their 50-50 ownership arrangement for two Kansas wind farms and secured approximately $353 million in financing for construction and operation costs.
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The Sonoma Marin Area Rail Transit (SMART) District held a ceremonial groundbreaking in Petaluma, CA, on February 24, 2012. SCOA and partner Nippon Sharyo were proud participants.
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Virginia Railway Express Awards SCOA and Nippon Sharyo New Contract for 50 Gallery-type Bi-level Passenger Cars
NEW YORK, NEW YORK, February 16, 2012--- On February 15, 2012, Sumitomo Corporation of America in conjunction with its car builder partner Nippon Sharyo, received a contract award from Virginia Railway Express (VRE) for 50 Gallery-type Bi-level Passenger Cars. The base order is to supply 8 cars at a contract price of $21 million and is scheduled to be delivered in 2014.
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Nissan, ABB Link to Evaluate Second-Life Storage Applications for Nissan LEAF Battery Packs
Franklin, Tennessee, January 18, 2012 --Nissan North America Inc., and ABB, the world's leading power and technology group, along with 4R Energy and Sumitomo Corporation of America, have formed a partnership to evaluate the reuse of lithium-ion battery packs that power the Nissan LEAF, the world's first and only all-electric car designed for the mass market.
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Unicharm Corporation and Sumitomo Corporation Finalize Strategic Business Alliance For Joint Venture in U.S. Pet Care Business
NEW YORK, January 5, 2012 -- Sumitomo Corporation, Sumitomo Corporation of America, and Unicharm Corporation closed on December 30, 2011 a joint venture deal that gives Unicharm a significant stake in the common share of The Hartz Mountain Corporation, a wholly owned subsidiary of Sumitomo Corporation. .
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SCOA and Nippon Sharyo, Ltd Expand Share in Diesel Multiple Unit (DMU) Market with New Award Contract to Supply 6 Additional DMU Cars for Metrolinx
NEW YORK, Dec. 20, 2011 -- Sumitomo Corporation of America in conjunction with its car builder partner Nippon Sharyo, entered into an agreement on October 31, 2011 with Metrolinx in Toronto, Canada to execute an option to supply an additional six Diesel Multiple Units (DMUs) to the current contract of 12 DMU vehicles which was finalized on March 31, 2011.
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Nissan, Sumitomo Bring Low-Cost Electric-Car Charger to U.S. Market
Honolulu, Nov. 10, 2011 - Nissan North America Inc. (NNA) today announced that is is bringing an innovative, low-cost DC quick charger for electric cars to the U.S. market. The DC quick charger is being launched as a part of a global collaboration with Sumitomo Corporation, with the first installations planned for early 2012.
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Expansion of Seamless Tubular Products Business in the U.S.
October 7, 2011 - Sumitomo Corporation (Chuo-ko, Tokyo; President and CEO Susumu Kato; herinafter "Sumitomo") hereby announces that it has acquired a 19.47% interest in V&M TWO LLC (President: Pascal Braquehais; hereinafter "V&M2"), a manufacturer of smal-diameter seamless steel pipe based in the U.S. state of Ohio., from Vallourec S.A. (Paris, France; Chairman: Philippe Crouzet; hereinafter "Vallourec")
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Unicharm Corporation and Sumitomo Corporation Announce Strategic Business Alliance for Joint Venture in U.S. Pet Care Business
May 7, 2011 - Sumitomo Corporation, Sumitomo Corporation of America (collectively referred to as “Sumitomo Corporation”) and Unicharm Corporation signed a Letter of Intent for a joint venture that would include acquisition by Unicharm of a significant stake in the common share of The Hartz Mountain Corporation (Hartz), a wholly owned subsidiary of Sumitomo Corporation.
U.S. Market Opportunity:
Currently, the U.S. is the largest market in the world for pet care products, representing approximately $30billion (USD) of worldwide sales. Even with the recent global economic downturn, the U.S. has continued growing at the rate of 4-5% annually, with further growth expected.
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