Tag: Sumitomo Corp.
Sumitomo participates in Marcellus Shale Gas drill
Sumitomo Corp. (SC) has signed a participation agreement with Rex Energy Corp. to participate in the development and production of REX's Marcellus Shale Gas drilling project in the state of Pennsylvania through its consolidated subsidiary in USA, Summit
Assmang appoints Sumitomo
Assmang Ltd, which is one of major mining companies in South Africa and which has Ore & Metal Co. Ltd, a subsidiary of Assore Ltd, as their worldwide agent for sales, which in turn has now appointed Sumitomo Corp. as the agent for sales of manganese
Sumitomo and Usiminas to expand iron ore
Sumitomo Corp. and Usinas Siderurgicas de Minas Gerais SA’s venture may expand iron ore production by two thirds amid rising demand in Asia.
PLN geothermal power plant
PLN has appointed Japan-based Sumitomo Corp. to construct a geothermal power plant in Lampung representing a total investment of USD 156.7 million.
Sumitomo wins UOE line pipe supply contract
Sumitomo Metal Industries Ltd and Sumitomo Corp. have won a contract from Nord Stream AG to supply large diameter welded (UOE) line pipes, coated on the inner and outer walls, for the Nord Stream Project, an offshore natural gas pipeline project that links Russia and the European Union via the Baltic Sea.
High-speed railway wheels contract for Sumitomo
Sumitomo Metal Industries Ltd (Sumitomo Metals) and Sumitomo Corp. have signed a three-year contract to supply high-speed railway wheels to Deutsche Bahn AG (DB).
Sumitomo acquires
Sumitomo Corp. has announced that it has acquired a 70% stake in the project company which owns and operates the Kwinana power plant in Australia.
Tanjung Jati B power station expansion
Black & Veatch, a global engineering, consulting and construction company, has been selected by Sumitomo Corp. to provide its expertise in the expansion of the Tanjung Jati B power station in Central Java, Indonesia.
Sumitomo completes Norton acquisition
Sumitomo Metal Industries Ltd and Sumitomo Corp. have completed the acquisition of Norton Manufacturing Co. Inc. (Head office: Ohio, USA) in accordance with the agreement made in August 2007, and have started operation of a newly-established SMI Crankshaft LLC.
Assmang investment
Sumitomo Corp. is planning to invest an additional USD 278.3 million in South Africa-based mining company Assmang Ltd to bolster its ability to supply steel raw materials to Japan and other Asian nations.
