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Implementation of Waste-derived Product Businesses Towards Building a Circular System for Plastics

Sumitomo Chemical has decided to establish a Business Development Office for a Circular System for Plastics as of April 2021 to accelerate the development of businesses based on its efforts towards building a circular system for plastics. Plastics are a…

Sumitomo Chemical to License out High-Pressure Polyethylene Production Technology to a Major Petrochemical Company in Russia

Sumitomo Chemical has concluded an agreement with Kazan Organichesky Sintez (KOS), in the Republic of Tatarstan of the Russian Federation, to license out its high-pressure production process for low-density polyethylene (LDPE) and ethylene-vinyl acetate (EVA) to boost KOS’s polyethylene production.…

Sumitomo Chemical Announces Revisions to Its Financial Forecast for the Full Year Ending March 31, 2021

Based on recent performance trends, Sumitomo Chemical has made revisions to its consolidated financial forecast for the full year ending March 31, 2021, previously announced on October 30, 2020, as detailed below. Revisions to Consolidated Financial Forecast for the Full…

Sumitomo Chemical to Establish a New Production Base for Polypropylene Compounds in Poland

Sumitomo Chemical has decided to establish Sumika Polymer Compounds Poland Sp.z.o.o. (SPCP), a new production base in Poland, to further enhance its polypropylene (PP) compound business. SPCP will start commercial production in the spring of 2022. PP compounds are materials…

Sumitomo Chemical to Build an Organizational Structure for Carbon Neutrality

Sumitomo Chemical has decided to establish a Carbon Neutral Strategy Council and a Carbon Neutral Strategy Cross-Functional Team on February 1, 2021, in order to promote and formulate the Sumitomo Chemical Group’s strategies for achieving carbon neutrality by 2050.

Sumitomo Chemical Receives CDP’s Highest Rating in Corporate Climate Action and Water Security Action

Sumitomo Chemical (“the Company”) has been named on CDP’s “Climate A List 2020” and “Water Security A List 2020” as a company recognized for its particularly excellent activities to address climate change and water security, including target setting, actions and…

Sumitomo Chemical Launches SynBio Hub, a New Organization in the US, to Accelerate Next-Generation Business Utilizing Synthetic Biology

Sumitomo Chemical has decided to establish a new organization, SynBio Hub, within the Biorational Research Center of Valent BioSciences LLC (VBC), a U.S. subsidiary of Sumitomo Chemical in Illinois. By setting up this organization tasked to build technologies using synthetic…
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