Sumitomo Chemical : Receives Excellence Award in Corporate Value Improvement Awards Sponsored by the Tokyo Stock Exchange
February 15, 2018 at 01:41 am EST
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February 15, 2018
Sumitomo Chemical Receives Excellence Award in Corporate Value
Improvement Awards Sponsored by the Tokyo Stock Exchange
Sumitomo Chemical today announced that it has been selected as an Excellence Award recipient in the 6th Corporate Value Improvement Awards (FY 2017) hosted by the Tokyo Stock Exchange (TSE).
The Corporate Value Improvement Awards are given to companies, from among all the companies listed on the TSE (about 3,500 companies), which have achieved high corporate value and consistently adopt management practices aimed at improving corporate value through those initiatives that duly consider capital cost and other investor concerns.
Encouraged by the honor of receiving this prominent award, Sumitomo Chemical will continue its unabated endeavor to achieve sustainable value creation by helping solve various problems facing people around the world, under the Company's business philosophy "We commit ourselves to creating new value by building on innovation."
*For details, including the selection process, please see the official website of the TSE.http://www.jpx.co.jp/english/news/1024/20180215-01Award.html
http://www.sumitomo-chem.co.jp/english/
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Sumitomo Chemical Co. Ltd. published this content on 15 February 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 February 2018 06:40:01 UTC.
Original documenthttp://www.sumitomo-chem.co.jp/english/newsreleases/docs/20180215e.pdf
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Sumitomo Chemical Co Ltd is one of the Japanese largest chemical groups. The group is also manufacturing and marketing pharmaceutical products. Net sales break down by family of products as follows:
- petrochemical and plastic products (25.8%): ethylene, polyethylene, propylene, elastomers, agricultural films, etc.;
- pharmaceutical products (23.9%): ethic drugs, radiopharmaceutical products, etc.;
- telecommunication chemical products (18.9%): optic films, pigments, filters, etc.;
- agrochemical and fine chemistryproducts (18.5%): insecticides, herbicides, fertilizers, food additives, etc.;
- functional chemical products (10.7%): methanol, caustic soda, aluminum hydroxide, alumina, nitric acid, acrylonitrile, active pharmaceutical ingredients, polymeric additives, resorcine, colorants, etc.;
- other (2.2%).
Net sales break down geographically as follows: Japan (31.7%), China (19.2%), Asia (19.5%), North America (17.7%), Europe (4.2%) and other (7.7%).