CP50: Sumitomo Chemical America Inc.
The origins of Sumitomo Chemical can be traced back to 1913 when the company used sulfur dioxide emissions from the Besshi Copper Mine in the Shikoku region of Japan to produce calcium superphosphate fertilizers, thereby reducing pollution from the mine. In addition to helping preserve the environment by preventing the emission of pollutants, the company was thereby also able to contribute toward increasing the harvest of agricultural products. Sumitomo Chemical thus found its start with the solving of environmental problems and the goal of improving living standards. Today, the Sumitomo Chemical Group includes some 100 companies operating around the world in six business sectors: basic chemicals, petrochemicals and plastics, fine chemicals, IT-related chemicals, agricultural chemicals, and pharmaceuticals. Sumitomo Chemical's U.S. headquarters is based in New York. The parent headquarters is located in Tokyo, Japan. The majority of the company's sales is based in the petrochemicals sector, comprising 32% of total company sales.
Executive Vice President
Takao has been serving as executive vice president and representative director in at Sumitomo Chemical since April 1, 2012, according to Reuters news service. He joined the company in April 1973. He previously served as managing executive officer, senior managing executive officer and director of the company's human resources office.
President and COO
Tokura has has been serving as president of Sumitomo Chemical since April 1, 2011, according to Reuters news service. He joined the company in April 1974. He previously served as managing executive officer, senior managing executive officer and director of business integration preparation office of the company. He obtained his bachelor's degree in economics from University of Tokyo in March 1974.
Chairman, CEO and Representative Director
Ishitobi was named chairman and CEO of Sumitomo Chemical Company Ltd. effective June 24, 2014. He previously served as vice chairman of the board, executive officer of Sumitomo Chemical, according to Reuters news service. He also has served as representative director since 2012.
He joined the company in April 1969. His previous titles include senior managing executive officer, managing director, managing executive officer, executive vice president and director of petrochemical operation office in the company.
For the latest financial reports, visit: http://www.sumitomo-chem.co.jp/english/ir/index.html