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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

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

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 collect, allocate, and share primary emissions data across global supply chains. These results are the first step in the CarbonPrime initiative, which

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 Climate Action Data Trust (CAD Trust) built on the Chia blockchain. Click here to read

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 in the Western U.S. and the Gulf Coast region, expanding its market presence in the Sulfuric Acid business in North America. click

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 SCOA and affiliated companies’ access to ClearBlade’s world-class software. read more

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 operations of SCOA’s semiconductor business. Read more…

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 participate in Ori’s recently closed round of equity financing.  Led by South Korean conglomerate, Eugene Group, this funding positions the rapidly growing

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 accelerate decarbonization in the state and even beyond. read more…

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 innovative technology positions LOTTE and Sumitomo as leaders in the hydrogen industry and advances goals to decarbonize Korea Read more