Sumitomo Chemical will exit Japan’s nylon raw material cyclohexanone production business

Sumitomo Chemical has decided to close the cyclohexanone production unit at its Ehime plant in Japan and exit the business. The production unit is scheduled to shut down at the end of March 2024. Cycl…

Japan’s Sumitomo Chemical expects consolidated final profit and loss in fiscal 2023 (ending March 2024) to post a final loss for the first time in 11 years

Japan’s Sumitomo Chemical expects a consolidated final profit and loss of 95 billion yen in fiscal 2023 (ending March 2024). It will be the first final loss in 11 years since fiscal 2012. Looking at t…

Japan’s Sumitomo Chemical will build a pilot plant for ethanol production of propylene and plans to commercialize it in 2030

Japan’s Sumitomo Chemical has begun construction of a pilot plant to produce propylene directly from ethanol, a project supported by the New Energy and Industrial Development Organization (NEDO) Green…

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