BNET Industries
Last Fiscal Year Sales:$22.6B
- Public
- JP
Dow Jones Description
When goods go over the oceans, Sumitomo carries them. Founded in 1919 and headquartered in Tokyo, Japan, Sumitomo Corporation (Pink Sheets: SSUMF; Tokyo: 8053) is a general trading company. The company imports and exports a wide range of goods, like metals, machinery, electronics, fuels, chemicals, textiles, and food. It also services and invests in metals, transportation and construction systems, machinery and electricity, media, electronics, chemicals, minerals, real estate, finance, and logistics. The company has annual revenue of about $19.1 billion and employs about 40,000 people. In 2005, it acquired TCB Corporation.
Number of Employees 51,700
Contact Information
Harumi Island Triton Square
1 8-11 Harumi 1-Chome Chuo-Ku
Tokyo 104 8610
(81) 3 5166 3522
Peer Companies
NAICS Code All Other Business Support Services: 561499
Recent Events
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Sumitomo to buy stake in Bhushan Steel
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Carrizo to sell portion of Barnett Shale acreage to Japan's Sumitomo
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Copper firms ahead of raft of U.S., European data
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Wholesale Inflation Perks Up in India
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Reportlinker Adds Organic Electronics - A Global Market Perspective
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Asian Stocks Rebound as Dubai Jitters Fade
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Newmont and Sumitomo Enter into an Agreement to Sell an Additional 14% Share Sale of...
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Sumitomo Corp First Half Group Net Profit Y62.1 Billion Vs Y160.3 Billion
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Sepracor CEO in line for $11M golden handshake
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Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries
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Nissan to launch joint venture with Sumitomo Corp. for recycling of electric car batteries
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English E-Learning Leader, Eleutian Technology, Partners With Sumitomo Corporation to Develop Service in Japan
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California Bill AB 496 pulled from Senate Committee agenda
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Grainger to acquire majority ownership in Japanese MRO distributor
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Top 10 industry issues
News & Analysis
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chemicals and sumitomo corp. - All News and Analysis
Sumitomo Chemical Reports Consolidated Financial Results for the Three Months Ended June 30, 2008
Tokyo, July 31, 2008 - JCN Newswire - Sumitomo Chemical has reported consolidated financial results for the three months ended June 30, 2008. The Group posted sales of JPY 496.3 billion for the first quarter, an increase of JPY 57.1 billion over the same period the previous year. Operating income...
Superabsorbent polymer market sees worldwide growth: a look at recent production figures from global SAP makers
Table 1 shows the production capacity of the major producers of superabsorbent polymer SAP in the world. Although the total production capacity of the six global companies on this list was 1.2 million tons per year in 2004 and 1.3 million tons per year in 2005, these figures had increased...
SAUDI ARABIA: Total joint venture envisioned cost of initially planned $4,300,000,000 petrochemical complex balloons-up to $8,500,000,000 in view of construction plan changes and projected increased costs, SUMITOMO CHEMICAL CO. [Japan] & SAUDI ARAMCO
PROJECT OVERVIEW: A Japanese/Saudi joint venture that teams-up SUMITOMO CHEMICAL CO. and the local SAUDI ARAMCO recently announced that the total cost of its planned petrochemical plant project in Saudi Arabia will almost double to $8,500,000,000 from its initial plan of $4,300,000,000. The projected...
SAUDI ARABIA: Joint venture project feasibility study for proposed $5,000,000,000 to $6,000,000,000 cracker construction project and upgrade of refinery is tentatively scheduled for completion some time during the 3rd quarter of 2005, SUMITOMO CHEMICAL CO
PROJECT OVERVIEW: Japan-based SUMITOMO CHEMICAL CO. LTD. signed a memorandum of understanding MOU with the local SAUDI ARAMCO in May 2004 regarding the construction of a Greenfield ethane-based cracker as well as the upgrade of a topping refinery. The complex to be sited...
CHINA: Joint venture construction plans for proposed 10,000 metric ton per year polypropylene (PP) plant to be followed by the doubling of production, SUMITOMO CHEMICALS, TOYO INK MANUFACTURING [Japan] & SUMIKA POLYMER COMPOUNDS (ZHUHAI) [China] - Ord
PROJECT OVERVIEW: PROJECT OVERVIEW:
CHINA: Joint venture construction plans for proposed 10,000 metric ton per year polypropylene (PP) plant to be followed by the doubling of production, SUMITOMO CHEMICALS, TOYO INK MANUFACTURING [Japan] & SUMIKA POLYMER COMPOUNDS (ZHUHAI) [China].
PROJECT OVERVIEW: PROJECT OVERVIEW:
TAIWAN: Construction plans for proposed $48,000,000 second-generation (2G) color-filter (CF) plant, SUMITOMO CHEMICAL CO. LTD. [Japan] - Order #: 023005.
PROJECT OVERVIEW: Japan-based SUMITOMO CHEMICAL CO. LTD. is currently planning to build a second-generation (2G) color-filter CF plant in the Hsinchu Science Park HSP, Taiwan. The project in question is to be implemented through its local subsidiary SC-IK TECHNOLOGY. Construction plans under...
Sumika Electronic Materials Acquires Compound Semiconductor Manufacturing Equipment to Bolster Product Lines and Increase Production
PHOENIX -- Equipment purchase agreement transfers assets to Sumika's epiwafer facility in Phoenix, Arizona; Sumika adds pHEMT capacity to current HBT production Sumika Electronic Materials, a subsidiary of Sumitomo Chemical Company Limited, has purchased epiwafer manufacturing equipment from a major semiconductor manufacturer. The transaction will enable Sumika to add...
Japanese SAP producer announces exit
After more than a decade in the market, Japanese superabsorbent polymer producer Toagosei has announced plans to exit the market. A relatively small-scale producer--capable of producing 10,000 tons of the material annually--Toagosei reportedly had trouble competing with increasingly large SAP producers including Nippon Shokubai, San-Din Polymers and Sumitomo Seika Chemicals,...
SAUDI ARABIA: Joint venture construction plans for proposed $4,300,000,000 petrochemical complex, SAUDI ARAMCO [Saudi Arabia] & SUMITOMO CHEMICAL CO. LTD. [Japan] - Order #: 052906a.
PROJECT OVERVIEW: A Saudi/Japanese joint venture recently agreed to build what is claimed to be a giant petrochemical complex in Rabigh, Saudi Arabia. The partners in the planned undertaking include the local SAUDI ARAMCO and SUMITOMO CHEMICAL CO. LTD. of Japan. According...
| Volume | 0 |
| Shares Outstanding | 0. |
| Market Cap | 0. |
| Year High | 10.3380 |
| Year Low | 8.050 |
| Earnings Per Share | 0.00 |
| P/E Ratio | N/A |
| Dividend | 0.00 |
| Yield | 0.00 |
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