Tag: Sumitomo

Sumitomo Electric Industries, Ltd has recently developed the new AC6020M grade for finishing and general turning of stainless steel and launched it in November 2016.

An announcement was recently made by the Nippon Steel & Sumitomo Metal Corporation that Mr. Kinya Yanagawa would retire from Director, Member of the Board and would be appointed as Executive Advisor at the end of the 92nd Annual Shareholders Meeting scheduled to be held in late June 2016.

Nippon Steel & Sumitomo Metal Corporation (NSSMC) and Sumitomo Corporation have agreed to proceed with signing a contract with Brunei Shell Petroleum Co (BSP) concerning the supply of oil country tubular goods (OCTG) pipes threaded for connection.

Sumitomo Corporation has developed and installed the first large-scale power storage system in the world that utilises used batteries collected from electric vehicles.

Sumitomo Corporation has been contracted to provide EPC services for the 35MW fifth unit of the Kamojang geothermal power station from PT. Pertamina Geothermal Energy (PGE), the geothermal arm of the Indonesian state-run oil and gas company PT.

Sumitomo Corporation announced that Sumitomo has entered into Heads of Agreement (HoA) for sale and purchase of LNG with Kansai Electric Power Co, Inc under which Sumitomo has agreed to sell 0.8 million tonne per annum of LNG from the U.

 Sumitomo Metal Industries, Ltd. has announced that it will make a capital investment in its U.S. subsidiary, Standard Steel, LLC.

On 20 January 2011, Mineração Usiminas (Usiminas) announced that the company's joint venture with Sumitomo resulted in a record production year for Usiminas.

Vallourec and Sumitomo Tubos do Brasil Ltda (VSB), a JV formed by Sumitomo Metal Industries, Sumitomo Corporation and Vallourec, began a test operation at their integrated seamless pipe steelworks. They successfully pierced their first billet at 9:00 p.m. local time on 11 December 2010.

Sumitomo Metal Industries, Ltd. (Sumitomo Metals) and Sumitomo Metals (Naoetsu), Ltd. (Sumikin Noaetsu) have received the 33rd Technical Development Awards from the Japan Institute of Metals for two accomplishments.