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SCOA Announces Sales Agreement with Rock Identification Hardware and Solutions Provider Hyperspectral Intelligence Inc.

SCOA today announced the establishment of a non-exclusive strategic sales agent agreement with Hyperspectral Intelligence Inc. (HII), a leading provider of hyperspectral rock identification hardware and data analytics solutions for the mineral exploration and mining sector.

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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. This significant damage caused by the relentless heavy rains has impacted Southern State of Rio Grande do Sul Brazil since late

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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 investment company dedicated to sustainability, announced today that they have entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project

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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) farming in Latin America. Lambarin Investimentos, a Brazilian family office and wealth management firm, has also joined the

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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 significant equity interest in the East Calgary Carbon Transportation & Sequestration Project (the “CTS Hub”).   read more here…

SCOA & Reconciliation Energy Transition Inc. Announce Exclusivity Agreement for Carbon Transportation and Sequestration Project in Alberta, Canada Read More »

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

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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 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 »

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