Adoption of Japan’s Stewardship Code in Corporate Pension Asset Management
Sumitomo Chemical announces that it has adopted Japan’s Stewardship Code (Code), the principles for “responsible institutional investors,” as an institutional investor, i.e., an asset owner of a corporate pension. This Code was officially announced by the Financial Services Agency in…
Engineering Department Established to Strengthen Engineering Functions and Deliver Smart Safety
Sumitomo Chemical has decided to newly establish an Engineering Department on April 1, 2021. With this change, the company will build an agile engineering system across the board for new plant construction and large-scale facility renovation, while also strengthening the…
Sumitomo Chemical’s Executive Officer Receives Outstanding Women’s Activity Award from Society of Chemical Engineers, Japan
Kanako Fukuda, Executive Officer of Sumitomo Chemical Co., Ltd., has received a 2020 SCEJ Award for Outstanding Women’s Activity from the Society of Chemical Engineers, Japan (SCEJ). The SCEJ is an academic association that plays a central role as an…
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.
Message from the President Congratulating Our Designation As a CDP A-List 2020 Company
A message from Keiichi Iwata, Representative Director & President, on our designation on the A list 2020 by CDP.
Sumitomo Chemical Supports Plastic Recycling Education in Nigeria
Sumitomo Chemical made a donation of 50,000 USD to a project called “Clean Our World” (COW) initiated by Oando Foundation*1 in Nigeria. The COW project aims to promote education on plastic recycling among primary school children. In Nigeria, the company has…