Sumitomo Corporation is a Japanese general trading and investment company (sogo shosha) headquartered in Tokyo and part of the Sumitomo Group. Operating through a global network, it develops, invests in, and operates businesses across metals and mining, energy, chemicals, infrastructure, transportation and construction systems, real estate, media and digital, and consumer-related fields.
In the chemical value chain, Sumitomo Corporation handles the global sourcing, marketing, and distribution of basic and specialty chemicals, petrochemicals, and performance materials, including plastic resins. The company supports producers and downstream manufacturers with supply chain management, logistics, and risk management, and participates in manufacturing and processing through joint ventures and affiliates where relevant. Its portfolio also includes initiatives linked to energy transition and resource efficiency that intersect with chemical industry demand, such as materials for mobility, recycling-related businesses, and low‑carbon energy projects.
chemXplore tracks 1 project involving Sumitomo, of which one is active.
Sumitomo's role on them: Developer.
1 new construction.
Targeting: Carbon dioxide (1)
Design and feasibility work for CO2 capture, liquefaction, temporary storage and maritime shipping at Mizushima to support a 3.43 Mtpa liquefied CO2 hub.
70% stake in trading and ready‑mix cement unit to be transferred Oct 1, 2026; move pairs manufacturer technology with nationwide distribution and keeps limited financial impact.
49% stake in US JV to commercialise 'Carbon Casting' BiCRS, scale the Loblolly project to 50,000 tCO2/yr, and sell long-duration CDR credits across North America and Japan.
JV will fund five utility-scale BESS projects with phased buildout (first three starting this fiscal year), expanding capacity and improving grid resilience.
Construction complete; commercial operation started. 12 km offshore; ~25‑yr life. Annual output ≈ supply for 800k users. Power sold under long‑term fixed‑price PPA; financed via syndicated loan.
Acquirer combines automation platforms to expand drilling autonomy with real‑time subsurface, hydraulics and rig controls; deployed in 1,300+ wells and may cut well delivery times up to 25%
Shifting to a fund structure to enable medium/long‑term, larger lead investments, deepen portfolio engagement and co‑creation, and pursue strategic and financial returns in digital, AI and deep tech
AI/data platform to optimize OCTG supply chain—inventory, processing and billing. Europe pilot validated; rollout from FY2026 with phased function and regional expansion.
By country, the most active first. active / all projects
