(chemmonitor) -- Sumitomo Corporation with HQ in Japan will possibly construct a propylene production unit in Primorsky Krai (Russia). Besides, the company has reached a consensus to execute a feasibility study of a project of the type with official authorities in another part of the country, namely in Khabarovsk Krai.
Sumitomo Corporation is a Japan-based general trading company. The Company is engaged in the import and export of a wide range of products. The Company operates seven business segments: metal products, transportation and construction equipment, infrastructure, media and life style, resources and chemical, consumer industry and real estate, as well as new industry and function promotion.
The Company is also engaged in the development of commodities and the provision of financial services. The Company has a global network comprised of a large number of domestic and overseas subsidiaries and branch offices.