Associated tags: Climate change, Real estate, Construction, Mineral Resources Limited, Sumitomo Group, Corporation, Sumitomo Corporation, Carbon, City, CO2, Energy, CCUS, Environment, Transport, Renewable energy, SCSD (School Construction Systems Development ) project, Resource management, Extreme metal, Department of Mineral Resources and Energy, Food, Steel, Electronics
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ATLANTA, May 2, 2024 /PRNewswire/ -- SCOA Real Estate Partners (SREP), a wholly-owned subsidiary of Sumitomo Corporation of Americas (SCOA), is excited to announce the appointment of Chad Bozza as the new Executive Vice President and Head of the Residential Team.
Key Points:
- ATLANTA, May 2, 2024 /PRNewswire/ -- SCOA Real Estate Partners (SREP), a wholly-owned subsidiary of Sumitomo Corporation of Americas (SCOA), is excited to announce the appointment of Chad Bozza as the new Executive Vice President and Head of the Residential Team.
- This marks a significant enhancement to SREP's leadership team and an ambitious next step in the company's growth strategy.
- Chad Bozza joins SREP with over 25 years of extensive experience in real estate investment management.
- "Chad's impressive career and his track record in the real estate sector will significantly contribute to our ongoing projects and overall corporate growth objectives," said Joe Zagranski, President and CEO of SCOA Real Estate Partners.
Carbon,
Sumitomo Group,
Partnership,
LGF,
JX,
CCS,
Biofuel,
Utilization,
Forestry,
CCUS,
SAF,
Renewable energy COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels, a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX). The investment from M-SEP will be used to further advance the company's flagship Louisiana Green Fuels (LGF) project, an ultra-low carbon negative SAF plant located in Caldwell Parish, Louisiana.
Key Points:
- COLUMBIA, La., April 9, 2024 /PRNewswire/ -- Strategic Biofuels , a leading sustainable aviation fuels (SAF) project developer, announced today a strategic investment commitment from Magnolia Sustainable Energy Partners (M-SEP), a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas (SCOA) and JX Nippon Oil & Gas Exploration Corporation (JX).
- "It's an honor to work with Strategic Biofuels and SCOA, who possess remarkable technical, project management, business, and financing expertise and leadership to help us achieve our goals."
- We continue to support creating strategic partnership with Japanese strategic investors through M-SEP"
In February, SCOA announced a major investment commitment to Strategic Biofuels' LGF project, revealing that it will help the project reach a Financial Investment Decision and commencement of construction in early 2025.
- At the same time, Strategic Biofuels announced that it would be shifting its primary renewable fuel product to SAF.
Toxicity,
MOU,
Government,
Sumitomo Group,
Safety,
Business,
GHG,
Port of Oakland,
Terminal,
Lead,
Transport,
International Maritime Organization,
Fleet Management Limited,
Sumitomo Corporation,
ABS,
American Bureau of Shipping,
Multimedia,
LNG,
Study,
AFV,
Warehouse This Study will be conducted at the Port of Oakland, Benicia and nearby major ports in U.S. West Coast.
Key Points:
- This Study will be conducted at the Port of Oakland, Benicia and nearby major ports in U.S. West Coast.
- CALAMCO is a California based cooperative composed of grower members, as well as the largest ammonia distributer in California.
- Safety assessments are critical to formulate standards for use of ammonia as a marine fuel due to the toxicity of the substance.
- Dan Stone, President at CALAMCO, said, "We are excited to support the exploration of ammonia bunkering in the US West Coast.
Retrieved on:
Wednesday, February 7, 2024
Partnership,
Environmental quality,
LGF,
FID,
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Caldwell Parish School Board,
Joint,
Sumitomo Corporation,
Carbon,
Port,
Aviation,
CO2,
Natural Resources,
Quality of life,
Forestry,
Fortune 500,
SAF,
EPA,
Biofuel,
Nature,
Renewable energy COLUMBIA, La. and NEW YORK, Feb. 7, 2024 /PRNewswire/ -- Strategic Biofuels, the leader in developing deeply negative carbon footprint renewable fuel plants, and Sumitomo Corporation of Americas (SCOA), a subsidiary of Sumitomo Corporation, a leading Fortune 500 global trading and business investment company dedicated to sustainability, announced today that they have entered into a Joint Development Agreement for the Louisiana Green Fuels (LGF) project at the Port of Columbia in Caldwell Parish, Louisiana.
Key Points:
- In a decisive strategic shift related to the investment, Strategic Biofuels also unveiled plans to change its primary renewable fuel product to sustainable aviation fuel (SAF).
- When the LGF project was first announced, Strategic Biofuels garnered recognition for the extraordinarily low carbon footprint of the planned renewable diesel fuel product.
- "Our partnership with Strategic Biofuels is just another example of our commitment to support the energy transition within the Americas," said Sandro Hasegawa, General Manager, Energy Innovation Initiative Americas at SCOA.
- This investment commitment from SCOA continues the path from 2023, which was a year of rapid project advancement for LGF.
Retrieved on:
Monday, November 20, 2023
Carbon,
Mineral,
CO2,
Consulate,
Sumitomo Corporation,
Consulate-General of Japan, Nashville,
CDR,
Sumitomo Group,
Partnership,
Family,
Knowledge,
News,
Environment,
MOU,
Economic development,
Oil "We are very excited to begin collaboration with Invest Alberta and the great partners here in the region," said Tom Wada, President and CEO, Sumitomo Corporation of Americas.
Key Points:
- "We are very excited to begin collaboration with Invest Alberta and the great partners here in the region," said Tom Wada, President and CEO, Sumitomo Corporation of Americas.
- "Here in Alberta, we are a global leader in responsible energy products and reducing emissions," said Brian Jean, Alberta Minister of Energy and Minerals.
- "Today's MOU signing between Invest Alberta and Sumitomo Corporation of Americas to support Sumitomo's decarbonization efforts is good news for Albertans.
- "We look forward to working closely with Sumitomo to support the company's commitment to accelerating the energy transition in Alberta and beyond.
Retrieved on:
Tuesday, October 24, 2023
Carbon,
Sumitomo Corporation,
CTS,
AB,
Sumitomo Group,
Transport,
CCUS,
Partnership,
CO2,
Climate change,
Airline CALGARY, AB and NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Reconciliation Energy Transition Inc. ("RETI") and Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corporation, (together "Sumitomo") (collectively the "Parties") are pleased to announce they have entered into an agreement whereby RETI has granted to Sumitomo the exclusive right to acquire a significant equity interest in the East Calgary Carbon Transportation & Sequestration Project (the "CTS Hub").
Key Points:
- CALGARY, AB and NEW YORK, Oct. 24, 2023 /PRNewswire/ -- Reconciliation Energy Transition Inc. ("RETI") and Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corporation, (together "Sumitomo") (collectively the "Parties") are pleased to announce they have entered into an agreement whereby RETI has granted to Sumitomo the exclusive right to acquire a significant equity interest in the East Calgary Carbon Transportation & Sequestration Project (the "CTS Hub").
- "We are pleased to welcome Sumitomo to our East Calgary CTS Hub.
- This partnership, with our commitment to Indigenous ownership, is a pivotal step to bring the CTS project to fruition."
- "We are delighted to partner with RETI and its commitment to meaningful Indigenous ownership on the development of the CTS Hub.
Retrieved on:
Wednesday, October 18, 2023
Rapyuta,
National Retail Federation,
AGV,
Sumitomo Corporation,
Raketenjagdpanzer 1,
Robotics,
Workplace,
RaaS,
Carbon,
AMR,
Environment,
TGW Logistics Group,
Partnership,
UWB,
Safety,
Automation,
SKU,
Warehouse NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Sumitomo Corporation of Americas (SCOA) and Rapyuta Robotics, Inc. (Rapyuta) announced today their partnership to provide groundbreaking fulfillment operations technologies to warehouses across the United States.
Key Points:
- NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Sumitomo Corporation of Americas (SCOA) and Rapyuta Robotics, Inc. (Rapyuta) announced today their partnership to provide groundbreaking fulfillment operations technologies to warehouses across the United States.
- This collaboration will offer a robust PA-AMR and cutting-edge UWB real time location technology as a combined solution.
- The result is drastically improved item/SKU seeking time, picking accuracy, and safety in the workplace.
- Sumitomo Corporation of Americas and Rapyuta Robotics, Inc. announced today their partnership.
Retrieved on:
Monday, September 11, 2023
SC Group,
The Group,
AC,
Carbon,
Sumitomo Corporation,
Wind,
Investment,
Growth,
PR,
Renewable energy,
December 2008 Northeastern United States ice storm NEW YORK, Sept. 11, 2023 /PRNewswire/ -- Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter referred to as "SC Group") together with Advantage Capital (AC) — a U.S. impact investment firm that is also working on the development of the renewable energy business — has established Perennial Renewables LLC (PR), a limited liability company that develops renewable energy projects with a focus on solar power generation.
Key Points:
- NEW YORK, Sept. 11, 2023 /PRNewswire/ -- Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter referred to as "SC Group") together with Advantage Capital (AC) — a U.S. impact investment firm that is also working on the development of the renewable energy business — has established Perennial Renewables LLC (PR), a limited liability company that develops renewable energy projects with a focus on solar power generation.
- PR will leverage AC's development team expertise on site control and interconnection and SC Group's strength in project finance arrangement to simultaneously develop multiple renewable energy projects.
- At the outset, PR will focus on completing the development of AC's current portfolio, consisting of 2+ GW of solar generation across six states, and going forward plans to add new renewable energy projects into the development pipeline.
- In the United States, SC Group has achieved investment and operation of seven renewable energy businesses since its first investment in the onshore wind power generation business in 2009.
Carbon,
Partnership,
Hydrogen,
Ethanol,
SAF,
Wildfire,
RNG,
Sale,
CCU,
EPA,
Emission intensity,
Ammonia,
Risk,
Biofuel,
Knowledge,
ACDC,
Sumitomo Group,
Environment,
CO2,
RED,
Renewable energy,
Axenic,
Allotropy The project will use feedstock based on local Californian forest thinning materials and agricultural residues.
Key Points:
- The project will use feedstock based on local Californian forest thinning materials and agricultural residues.
- These feedstocks in part come from the waste generated in large forest fire prevention activities to reduce risk of wildfires that have become a critical challenge in California in recent years.
- This project will produce a commercial grade bioethanol, while at the same time contributing to the reduction of carbon released into the atmosphere from the massive wildfires that have severely impacted the environment and residents in California.
- "Allotrope is excited to continue its efforts to develop a series of advanced biofuels projects in California in partnership with Sumitomo and Axens," noted Marc Stuart, CEO of Allotrope Partners LLC.
Carbon,
RMI,
Private sector,
Climate,
RMI (energy organization),
Science Based Targets initiative,
Partnership,
JBS,
Farmer,
Organisation of the Government of Singapore,
Policy,
CAD,
GHG,
Privacy,
World Bank,
Government,
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Science,
Organization,
IETA,
Pathfinder,
WBCSD,
Autotroph,
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Rumo,
Renewable energy,
Bayer "The initial goal here was to share relevant primary data in a supply chain," explained Mark Lyra, Senior Director, Sumitomo Corporation of Americas, who conceptualized the CarbonPrime initiative.
Key Points:
- "The initial goal here was to share relevant primary data in a supply chain," explained Mark Lyra, Senior Director, Sumitomo Corporation of Americas, who conceptualized the CarbonPrime initiative.
- "We are thrilled to take this first step towards achieving more precise and efficient calculations of emissions data, with the ultimate goal of facilitating data sharing across multiple global supply chains."
- This is the first time – in any industry – that a collaborative initiative shares results based on primary data compiled throughout supply chain operations.
- While this first partnership focuses on the agriculture industry, the approach should be applicable across any and all supply chains.
