News Room

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SC and Reconciliation Energy Transition Inc. sign a Joint Development Agreement for the RETI East Calgary Region CTS Hub Project

CALGARY, AB and NEW YORK, NY – Reconciliation Energy Transition Inc. (“RETI”), and Sumitomo Corporation, through its subsidiary Ammolite Carbon Sequestration (Collectively “Sumitomo Corporation Group”), have...
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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...
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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...
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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 investmen...
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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 condu...
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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) Lim...
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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 inv...
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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) fa...
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SCOA and Invest Alberta Sign MOU to Accelerate Energy Transition throughout Province of Alberta, Canada

Left to right: Tomonori (Tom) Wada, CEO, Sumitomo Corporation of Americas and Keith Bradley, Chief Operating Officer, Invest Alberta   SCOA and Invest Alberta announced today the signing of a Memorandum of Understanding...
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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 significa...
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SCOA and Rapyuta Robotics, Inc Form Strategic Partnership

SCOA and Rapyuta Robotics, Inc. announced today their partnership to provide groundbreaking fulfillment operations technologies to warehouses across the United States.    read more......
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SCOA Makes Donation to Red Cross Directed toward Hawaii Disaster Relief Efforts

SCOA has made a donation to the American Red Cross to support the disaster relief efforts related to the wildfires that spread across Hawaii, predominantly devastating the Lahaina community and surrounding areas in Maui during the month...
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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 liabilit...
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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...
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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...
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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 C...
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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 i...
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Sumitomo Corporation of Americas Establishes SCOA Real Estate Partners

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 develop...
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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 P...
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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 S...
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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 op...
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Presidio Ventures Makes Strategic Investment in Ori

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 p...
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SCOA Teams Up with North Dakota to Develop Clean Energy Projects & Achieve Net-Zero

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 accelerat...
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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

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...
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Acquisition of Nativa to Expand Agricultural Input & Service Business in Brazil

Cuiaba, Brazil – Sumitomo Corporation has reached an agreement with shareholders of NATIVA AGRONEGÓCIOS & REPRESENTAÇÕES LTDA. and NATIVA AGRÍCOLA E REPRESENTAÇÃO LTDA. (collectively, &...
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Sumitomo Corporation of Americas Invests in TAE Technologies; Funds Next-Gen Fusion Reactor to Accelerate Decarbonization

New York, NY – Sumitomo Corporation of Americas (“SCOA”) announced today its investment in TAE Technologies ("TAE"), a fusion power company and world leader in hydrogen-boron fusion research. The investment wi...
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Presidio Ventures Makes Strategic Investment in Web3 Pro, Inc.; Will Leverage Sumitomo’s Network to Enhance Value of Enterprise NFT Platform

Presidio Ventures, a Sumitomo Corporation of Americas Group Company, has joined a bridge round for Web3 Pro, Inc., a white-label enterprise Non Fungible Token (NFT) platform company headquartered in Palo Alto, CA. Web3 Pro will use...
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Sumitomo Corporation Andes and Promigas Enter Agreement to Accelerate Hydrogen Mobility in Colombia

Bogota, Colombia - Sumitomo Corporation Andes S.A.S. (SCAN), a subsidiary of Sumitomo Corporation, one of the world’s largest traders and investors in goods and services, together with Promigas, a leading energy distributor an...
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Minto Metals Signs Four Year Concentrate Offtake Extension For Its Minto Mine

WHITEHORSE, YT –  Minto Metals Corp today announced it has recently completed a detailed review of proposals received from various offtake companies with respect to the processing and purchase of the copper concentrate pr...
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Sustainable Coffee Still Flying High

SC Guatemala Exports Bird-Friendly® Coffee to Japan Since 2001, SC Guatemala has expedited the export of coffee from Mexico, Central America and Andes countries to the Japanese market, but its most sustainability-aligned coffee i...
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Summit Cosmetics Corporation Announces Expansion of its Green Portfolio; Signs Global Distribution Agreement with NXTLEVVEL Biochem

Summit Cosmetics Corporation (SCC), a global cosmetic ingredient developer and distributor, announced today that it has executed a Global Distribution Agreement with NXTLEVVEL, a commercial scale manufacturer of next generation biomass d...
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Sumitomo Corporation of Americas Announces its Participation in Japanese Hydrogen Forum

SCOA announced today its participation in the Japanese Hydrogen Forum, which is comprised of a group of leading Japanese affiliated companies with hydrogen businesses in the U.S. that are intent on providing the latest information regard...
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Presidio Ventures Makes Strategic Investment in Lilac Solutions

Presidio Ventures, a SCOA Group Company, has joined a Series B funding round for Lilac Solutions, Inc., a lithium extraction technology company headquartered in Oakland, CA.  Lilac will use the funds from this round to continue expa...
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SCOA Signs Sales Agreement to Market EcoVAP’s Groundbreaking Wastewater Solutions

SCOA has signed a non-exclusive sales agreement with EcoVAP, Inc. a leader in advanced water reduction solutions for agricultural, municipal, and industrial users. EcoVAP’s patented and patent-pending water technologies provid...
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SCOA Makes Strategic Investment in Hydrogen Fuel Provider OneH2

SCOA announced today its investment in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina. SCOA’s investment will help the company deploy full turnkey hydrogen solutions, creating a national fuel production an...
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Closing of Asset Sale in Marcellus Shale Project

Closing of Asset Sale in Marcellus Shale Projectubsidiary in U.S.A., Summit Discovery Resources LLC (SDR), participated in the Project on September 2010.   Project Overview Location: Butler County, Pennsylvania in U.S....
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SCOA to Increase Investment in Sintavia

SCOA has entered into an agreement to increase its investment in Sintavia, the Aerospace and Space industry’s leading Tier One metal additive manufacturer, based in Hollywood, Florida. Read More......
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Minera San Cristóbal Project Awarded High Commendations in Operations by CEEC for Grade Engineering® Technology

Minera San Cristóbal, one of the largest silver, zinc and lead mines in the world and wholly-owned subsidiary of Sumitomo Corporation, was part of a project awarded High Commendations by the Coalition for Energy Efficient Com...
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SCOA Joins Series A Financing for Cell-Based Seafood Company BlueNalu

  New York, NY – SCOA announced today its investment in BlueNalu, a leading innovative food company producing seafood directly from fish cells.  read more...
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SCOA Acquires Stake in Unmanned Aerial Systems Analytics Provider

SCOA announced today its stake in OneSky Systems, Inc., the leading developer of Unmanned Traffic Management (UTM) and Urban Air Mobility (UAM) platforms, designed to enhance mission planning with advanced safety-of-flight analysis. ...
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SCOA Invests in Origin Wireless

Sumitomo Corporation, through SCOA, announced today its investment in Origin WirelessTM, a developer of advanced wireless sensing technologies for various “Smart Life” applications. SCOA’s investment will help Origin ac...
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Sumitomo Corporation of Americas Invests in Elementum 3D, Inc.; Furthers Reach into Additive Manufacturing

New York, NY – January 13, 2019 – Sumitomo Corporation of Americas (“SCOA”) announced today its investment in Elementum 3D, Inc. (“Elementum” or “the Company”), an additive manufacturing re...
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Sumitomo Corporation of Americas Purchases Collier Center in Downtown Phoenix

SCOA announced today their purchase of the Collier Center, a 2.8 acre commercial complex located in downtown Phoenix, Arizona. read more...
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SUMITOMO CORPORATION GROUP INVESTS IN MICROGRID INNOVATOR LO3 ENERGY

SC and SCOA announced today their investment in LO3 Energy, Inc. (“LO3 Energy”), a U.S.-based developer and operator of blockchain-powered peer-to-peer (P2P) energy platforms. This funding will support LO3 Energy’s comm...
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Built Robotics and Sunstate Equipment Announce Partnership to Provide Autonomous Equipment Rentals

SCOA and SC are pleased to announce a groundbreaking partnership between one of the company’s most recent investments, Built Robotics, and SCOA group company Sunstate Equipment Co. (“Sunstate”). This partnership is the...
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Sumitomo Corporation Announces Alliance with Bell in Air Mobility Industry

Sumitomo Corporation announced today its alliance with Bell, a Fort Worth, Texas-based company known as the premier provider of vertical lift aircraft and one of the leading companies in the up-and-coming air mobility industry. Read...
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Sumitomo Corporation of Americas Purchases SPS Tower in Downtown Minneapolis

Minneapolis, Minnesota – February 6, 2019 – Sumitomo Corporation of Americas (SCOA) announced today their purchase of SPS Tower, a 31-story LEED certified office building in the heart of Minneapolis’ commercial business...
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SCOA Sells Turquoise Nevada Solar Project

Sumitomo Corporation of Americas  is pleased to announce the sale of its Turquoise Nevada solar project in northern Nevada to Greenbacker Renewable Energy Company LLC. The 60.65-megawatt (DC) Turquoise Nevada project will sell power...
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Sumitomo Corporation of Americas joins BiTA; Aims at Using Blockchain Technology to Supercharge Current Portfolio

Sumitomo Corporation of Americas (“SCOA”) today announced it has joined the Blockchain in Transport Alliance, an organization dedicated to determining best practices and standards for Blockchain in the transportation and logi...
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Freeport LNG and SCOA Sign Heads of Agreement for Liquefaction Tolling Services

Under the Heads of Agreement, SCOA has agreed to negotiate for a 20-year liquefaction tolling agreement (TLA).  Click here to read more...
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SCOA Makes Strategic Investment in Sintavia

SCOA announced today that it made a minority investment in Sintavia, LLC, a leading Tier One metal additive manufacturer based in Davie, FL.   Click here to read more...
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Sumitomo Corporation Acquires Tight Oil Producing Asset in Eagle Ford

Sumitomo Corporation is pleased to announce that its subsidiary company, Summit Discovery Resources II LLC has reached an agreement with IOG Gonzales 1835 LLC, an entity managed by IOG Capital, LP, Covington Equity Investments LLC an...
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Michelin and Sumitomo Corporation to Create Second-Largest Wholesale Player in the U.S. and Mexico

For additional information on the JV, visit www.drivingmobilityforward.com   Read full release here......
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Sumitomo Corporation Group Announces Partnership with TruTag Technologies

Sumitomo Corporation of Americas ("SCOA") and Sumitomo Corporation (together "Sumitomo Corporation Group"), an integrated global trading and investment enterprise, is pleased to announce its investment in TruTag Techn...
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Sumitomo Corporation Enters North American Railcar Axle Machining Business

New York, New York – April 5, 2016 – Sumitomo Corporation together with Sumitomo Corporation of Americas (collectively referred to as “the Sumitomo Corporation Group”) have entered into a 50/50 joint venture...
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Nippon Sharyo USA and Sumitomo Corporation of Americas Achieve One Thousand Passenger Rail Car Mark

ROCHELLE, ILLINOIS, April 27th, 2015—On March 17th, 2015, Sumitomo Corporation of Americas (SCOA) and Nippon Sharyo USA (Nippon Sharyo) celebrated contract fulfillment for manufacturing 1000 rail cars for public transit agency cust...
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Sumitomo Corporation Acquires 65% Stake in Agro Amazonia Produtos Agropecuarios in Mato Grosso

New York, NY – February 2nd, 2015 -- Sumitomo Corporation (“Sumitomo”) and Agro Amazonia Produtos Agropecuários Ltda (“Agro Amazonia”) announced their agreement to have Sumitomo acquire a 65 percent s...
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Sumitomo and TouGas Oilfield Solutions announce Strategic Partnership and Investment

TouGas Oilfield Solutions announced today that SUMITOMO DEUTSCHLAND GMBH, a wholly owned subsidiary of its ultimate parent company Sumitomo Corporation, has finalized a strategic partnership and investment agreement with TouGas. &nbs...
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World's First Large-Scale Power Storage System Made From Reused EV Batteries Completed in Japan

Tokyo, Japan  – February 7, 2014 – Sumitomo Corporation has developed and installed the world’s first large-scale power storage system which utilizes used batteries collected from electric vehicles. Read more...
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SCOA DBE Notice + Information

Sumitomo Corporation of Americas

Strategic investments have transformed Sumitomo Corporation of Americas (SCOA) from a traditional trading company into a 21st century integrated business enterprise.Text arrow
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SCOA - Clean Energy

 

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