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Latest Sumitomo Corp. Stories

2011-07-15 06:00:00

ATLANTA, July 15, 2011 /PRNewswire/ -- MD Johnson, Inc. has completed the sale of Lexus of South Atlanta on behalf of H. Steve Harrell and Ronald Swatty to Sumitomo Corp.'s Automotive Division. Mr. Swatty and Mr. Harrell were appointed the Lexus Dealer in Union City by Toyota's Lexus division in 2001 and have continuously operated the dealership at the current suburban South Atlanta location. Mr. Harrell is a former Chairman of the National Association of Minority Automobile Dealers...

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2009-03-01 08:10:00

Bolivian President Evo Morales believes that lithium - the world's lightest metal with half the density of water - may help turnaround the poor landlocked nation, which has roughly half of the world's proven lithium reserves. Lithium is used in batteries that power cell phones, laptops, iPods and other devices. Many believe lithium batteries will ultimately power thousands of hybrid and electric vehicles. "Lithium is the hope not just for Bolivia but for all inhabitants of the planet," said...

2008-09-03 09:00:32

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 3, 2008) - Strathmore Minerals Corp. ("Strathmore or "the Company") (TSX VENTURE:STM) is pleased to announce positive core assay results from the 2007-08 well installation program at its Roca Honda uranium development project in New Mexico. The program successfully installed groundwater monitor and sampling wells on the project site. In addition, cores were collected for environmental and metallurgical studies. These studies are part of the...

2008-08-26 00:00:29

Tokyo, Aug. 25 (Jiji Press)--Japanese trading house Sumitomo Corp. said Monday it will start wheat flour milling business in China, jointly with Prima Ltd., a Singapore flour milling company. The two companies will set up a fifty-fifty investment firm, Baiyou Investments Pte. Ltd., in Singapore, to acquire a 46.73 pct stake in Qingdao Xinghua Cereal Oil & Foodstuff Co., a flour milling firm in Shandong Province, China. Sumitomo will supply Qingdao Xinghua with Australian-made...

2008-07-04 18:00:19

Tokyo, July 4 (Jiji Press)--Japanese trading house Sumitomo Corp. and Sekisui Chemical Co. will jointly make reinforced plastic tubes for water supply and sewerage systems in Russia, the two companies said Friday. The companies will set up a joint venture near St. Petersburg with a local firm to start production in late December, aiming for sales of 5 billion yen in fiscal 2011. The new company, LLC Sumi-Lon, is owned 40 pct by Sumitomo, 30 pct by Sekisui Chemicals and the rest by ZAO...

2008-07-02 18:00:24

Tokyo, July 2 (Jiji Press)--Major Japanese trader Sumitomo Corp. said Wednesday that it has jointly won a 6-billion-dollar deal to build desalination and power plants in Saudi Arabia with two other companies. Sumitomo won a tender for the construction project with Malaysian independent power producer Malakoff Corp. and Saudi Arabian conglomerate Al-Jomaih Automotive Co. The three-firm consortium will build a desalination plant with a daily capacity of one million tons, the world's...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'