sumitomo

Investment in Russian High Purity Quartz Production Project

Sumitomo Corporation (Head Office: Chuo-ku, Tokyo, Japan; President and CEO: Kuniharu Nakamura) will take a 28.69% participatory interest in LLC Russian Quartz (Head Office: Chelyabinsk State, Russia; CEO Leonid Kuzmin; hereinafter “RQ”) realizing its participation in a circa JPY5 billion (USD50 million) high purity quartz production project in Russia. High purity quartz is a powder[…]