SATCO

Sumitomo Corporation Expands Market Presence and Function in U.S. Sulfuric Acid Business with Acquisition of Saconix LLC

Retrieved on: 
Thursday, June 8, 2023

NEW YORK, June 8, 2023 /PRNewswire/ -- Sumitomo Corporation of Americas (SCOA) together with its parent, Sumitomo Corporation Japan (SC) announced its acquisition of Saconix LLC (Saconix), a company engaged in the procurement, sale, storage and distribution of sulfuric acid in the Western U.S. and the Gulf Coast region, expanding its market presence in the Sulfuric Acid business in North America.

Key Points: 
  • NEW YORK, June 8, 2023 /PRNewswire/ -- Sumitomo Corporation of Americas (SCOA) together with its parent, Sumitomo Corporation Japan (SC) announced its acquisition of Saconix LLC (Saconix), a company engaged in the procurement, sale, storage and distribution of sulfuric acid in the Western U.S. and the Gulf Coast region, expanding its market presence in the Sulfuric Acid business in North America.
  • Sumitomo Corporation of Americas together with its parent, Sumitomo Corporation Japan, has acquired Saconix LLC
    Sumitomo agreed to fully acquire Saconix from Dallas based owners, Copperbeck Energy Partners, a portfolio company of Tailwater Capital, LLC.
  • "We expect to provide additional value and high service to our customers through the strong synergies of our global Sulfuric Acid business."
  • This acquisition represents Sumitomo Corporation's ongoing commitment to expanding business and facilitating global carbon reduction to achieve carbon neutrality by 2050.

inriver Showcases Innovations and Customer Success at PIMpoint Americas 2023

Retrieved on: 
Thursday, April 27, 2023

These innovations have allowed inriver to deliver even more operational efficiency, built-in digital shelf analytics, expanded sales opportunities, and greater sustainability benefits.

Key Points: 
  • These innovations have allowed inriver to deliver even more operational efficiency, built-in digital shelf analytics, expanded sales opportunities, and greater sustainability benefits.
  • PIMpoint Americas 2023 comes at such a pivotal moment for our community,” said Niels Stenfeldt, inriver CEO.
  • Another brand, and inriver customer, appearing at PIMpoint is SATCO|NUVO - a leading supplier of lighting products, with solutions for nearly every lighting market across the commercial, residential, and industrial landscape.
  • In addition to today’s PIMpoint Americas event, inriver will bring together more leaders in Malmö, Sweden, for PIMpoint Europe on Tuesday, May 9.

The Smartest Park on the Block: How One Company Managed to Survive and Thrive Through the Pandemic

Retrieved on: 
Tuesday, October 26, 2021

In so doing, they have not only survived the crisis, but also promoted the smartization, or digital transformation, of entire industries.

Key Points: 
  • In so doing, they have not only survived the crisis, but also promoted the smartization, or digital transformation, of entire industries.
  • Smartization leverages new technologies to create value, new processes, innovative ideas, and to acquire competencies to quickly adapt to changing situations.
  • In order to cope with the negative impacts brought by the pandemic, industrial enterprises in various countries have accelerated their own smartization strategy.
  • One focus area includes smart industrial upgrading applying smart technology to improve internal processes and business applications.

Smartization: The Key to Sustainable Business Growth Post-Pandemic

Retrieved on: 
Friday, October 22, 2021

Would you believe that a 100-year-old tire manufacturing company would consider smart transformation of its business to combat these challenging times?

Key Points: 
  • Would you believe that a 100-year-old tire manufacturing company would consider smart transformation of its business to combat these challenging times?
  • In previous crises, companies often cut expenditures first, but this time their investment in technology has not decreased.
  • In the era of artificial intelligence, more and more lighting manufacturers are eager to transform their business.
  • Today, business owners and executives around the world see the pandemic as the biggest risk factor impacting economic and business growth.