Tag: Sumitomo

Reconciliation Energy Transition and Sumitomo to develop Canadian carbon sequstration hub

Reconciliation Energy Transition and Sumitomo to develop Canadian carbon sequstration hub

May 23, 2024 |

In Canada, Reconciliation Energy Transition Inc. (“RETI”), and Sumitomo Corporation, through its subsidiary Ammolite Carbon Sequestration have entered into a Joint Development Agreement for the RETI East Calgary Region Carbon Transportation & Sequestration Hub project (“CTS Hub”) east of Calgary, Alberta. The RETI East Calgary Region Transportation & Sequestration Hub LP, a Limited Partnership established […]

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Bangchak and Sumitomo create UCO partnership for SAF

Bangchak and Sumitomo create UCO partnership for SAF

April 4, 2024 |

In Thailand, Bangchak and Sumitomo have joined forces in a strategic partnership through a framework agreement for the purchase and sale of used cooking oil (UCO) and neat SAF. This collaboration marks a pivotal advancement in the strategic partnership between the two corporations, underscoring their shared values and dedication to sustainable development and environmental stewardship. […]

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Sumitomo to lead Japanese-based investment consortium to support Louisiana Green Fuels FID

Sumitomo to lead Japanese-based investment consortium to support Louisiana Green Fuels FID

February 7, 2024 |

In Louisiana, Strategic Biofuels and Sumitomo Corporation of Americas (SCOA), a subsidiary of Sumitomo Corporation have entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project at the Port of Columbia in Caldwell Parish, Louisiana.  SCOA will take an anchor position and lead the formation of a Japanese-based investment consortium aimed at […]

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Sumitomo invests in Inherit Carbon Solutions

Sumitomo invests in Inherit Carbon Solutions

January 24, 2024 |

In Norway, Sumitomo Corporation has invested in Inherit Carbon Solutions AS (Inherit), a Norwegian company that removes CO2 from the atmosphere through the biomethane production process. Inherit is a pioneer in biomass-derived (CO2 Removal) CDR, in which the CO2 emitted during the production process by biomethane producers is captured and permanently sequestrated in geological storage. […]

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Sumitomo building biodiesel demo facility in Japan using wood and cane waste

Sumitomo building biodiesel demo facility in Japan using wood and cane waste

January 9, 2024 |

In Japan, the Nikkei newspaper reports that Sumitomo plans to up its bet on renewables by going into biodiesel production with a focus on wood waste and sugarcane residues. Together with the University of Tokyo and Solariant Capital, it is investing in a demonstration facility on the southern island of Tanegashima that is expected to […]

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