As a general trading company operating in a variety of business fields, Sumitomo Corporation endeavors to reinforce and expand its operating base through a unique approach. We also strive to continuously improve both our customer service and the functions we offer by drawing upon the integrated corporate strength that is our advantage.
The Mineral Resources, Energy, Chemical & Electronics Business Unit was established in April 2009 with the unification of the Mineral Resources & Energy Business Unit and the Chemical & Electronics Business Unit.
In the field of mineral resources and energy, our balanced upstream resource portfolio built around the pillars of copper, coal, petroleum and LNG is being broadened and strengthened, with additions of new interests in iron ore, manganese, zinc, nickel, uranium, natural gas and others. Meanwhile, globalization of trade is being pressed forward.
In the field of chemicals and electronics, the Unit is engaged in business related to basic chemical products including synthetic resin materials as well as organic/inorganic chemicals, and cutting-edge electronic materials, and is involved in EMS in Asia, the United States and Europe. The Unit also undertakes global business in pharmaceuticals, agricultural chemicals, disease-prevention drugs including household pesticides, pet supplies and more.
Sumitomo Corporation believes that those who are engaged in developing mineral resources in a country must consider the local people and ensure the development enhances the country’s future. For example, Sumitomo Corporation spends more than 100 million yen annually on social contribution activities in Bolivia (after initially investing approximately 2 billion yen at the start of development of the San Cristobal Project). One of the keys in this area is the improvement of infrastructure in communities without significant development. As part of the mining projects, the Sumitomo Corporation constructs: roads, bridges, water supplies, hospitals and schools. The clinic set up at the mine is open to all local residents and is greatly welcomed because the local residents previously had to travel for hours over poor roads to visit a doctor. In just the past few years, infant mortality rates have fallen substantially in this district, likely due to the improved access to medical care.