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Sumitomo Corporation

companyJapan 11 mentions

Diversified trading and investment company

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In the news (11)

Founded in 1919, Sumitomo Corporation is part of the Sumitomo Group, one of the largest sogo shosha (general trading companies) in Japan. It has a strong track record in energy innovation and global industrial partnerships, frequently investing in next-generation fuels, renewables, and the hydrogen economy.
Japanese industrial conglomerate partnering on H2ornbill, contributes financing and feasibility assessment for Malaysian green hydrogen exports[3][5].
Sumitomo Mitsui discussed opening a branch in Noida and suggested the idea for the Japan Desk at Invest UP.[2]
Founded in 1919, Sumitomo is a global trading company. It signed a Joint Development Agreement with ENEOS and SEDC Energy in 2023 for hydrogen supply chain development from Malaysia to Japan and is leading feasibility and financing arrangements.[2]
Sumitomo has an extensive history as a major Japanese trading house with growing investments in renewable energy. Recent activity includes multiple UK clean energy projects, especially under the UK's new industrial clean energy strategy.[2][5]
Established in 1919, Sumitomo is one of Japan's leading sogo shosha (general trading houses), increasingly active in clean energy investments worldwide. Recent years have seen significant capital commitments to hydrogen, wind, CO2 infrastructure, and other energy transition projects in Europe, Asia, the Americas, and A
One of the financial backers of Japan's hydrogen strategy, estimating significant cost reductions in green hydrogen production.
Sumitomo is an existing shareholder in Forge Nano.
Japanese corporation partnering with ITM Power to develop multi-megawatt carbon-free hydrogen projects in Japan. Sumitomo will supply customer financing and market ITM Power's electrolyser products in Japan.
Financial institution backing the Mirai Creation Investment Limited Partnership alongside Toyota and Sparx Group.
Expected to invest approximately $1.53 billion in a new offshore wind energy system.

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