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Sumitomo Corporation (8053.T)
- Reuters
Nippon Steel, Sumitomo renew long-term contract with Equinor to supply pipes
Japan's largest steelmaker, Nippon Steel, and trading house Sumitomo Corp said on Wednesday that they have renewed a long-term contract with Norway's Equinor to supply seamless steel pipes for up to nine years. The pipes will be used in oil and gas development as well as carbon capture storage (CCS) in Norway and other locations. For the past 35 years, the Japanese companies have been providing piping products, known as oil country tubular goods (OCTG), to the Norwegian energy company for oil and gas production.
- PR Newswire
Sumitomo Corporation of Americas Diversifies into Distributed Energy with Solar and Storage Investment, Opportunity to Expand Globally
Sumitomo Corporation, through Sumitomo Corporation of Americas (hereinafter collectively referred to as, "Sumitomo Corporation Group") announced today a tax equity investment in a diverse portfolio of solar photovoltaic (PV) plus battery energy storage projects, led by Pacifico Power. Sumitomo Corporation Group is expanding its Green Power Platform business* as evidenced by this investment which will be Sumitomo Corporation Group's first in distributed generation.
- Zacks
SSUMY or ITT: Which Is the Better Value Stock Right Now?
SSUMY vs. ITT: Which Stock Is the Better Value Option?
