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Tag: sumitomo
Sumitomo to acquire a minority stake in Cosan Biomassa
2016-02-29 01:00:00| Power Technology
Sumitomo has agreed to acquire a 20% stake in Cosan Biomassa, a Brazilian producer of sugarcane pellets for power generation.
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minority
stake
sumitomo
Sumitomo Mitsui Asset Management Company LTD Lowers Stake in Whirlpool Co.
2016-02-26 19:17:29| Appliances - Topix.net
Sumitomo Mitsui Asset Management Company LTD lowered its stake in Whirlpool Co. by 9.4% during the fourth quarter, according to its most recent disclosure with the SEC.
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management
asset
asset management
Sumitomo Metal Mining to boost production of NCA for Li-ion batteries by 38%; targeting Tesla Model 3
2016-02-25 11:56:13| Green Car Congress
Tags: model
production
metal
boost
Brazil's Gerdau, Japan's Sumitomo, JSW form wind power joint venture
2016-01-27 19:33:16| Grocery - Topix.net
Jan 27 Brazilian steelmaker Gerdau SA will form a joint venture with Japan's Sumitomo Corp and Japan Steel Works Ltd to compete in the wind power sector in Brazil, Gerdau said on Wednesday. With 280 million reais in investment for new equipment, the joint venture would use Gerdau's mill in Pindamonhangaba in the state of Sao Paulo to supply parts for wind turbines from 2017.
Sherritt, Sumitomo take $1.7 bln hit on Madagascar nickel mine
2016-01-13 10:32:31| Food - Topix.net
Jan 13 Canada's Sherritt International Corp and Japan's Sumitomo Corp said on Wednesday they would book more than $1.7 billion of losses on their Ambatovy nickel mine in Madagascar, as prices at 12-year lows wreak havoc among miners. The companies had been ramping up production at the 60,000 tonne a year nickel mine, but the prolonged slump in commodities is taking an ever greater toll on miners and traders, forcing losses, asset sales and writedowns, with no end in sight as the new year starts.
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mine
madagascar
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