Sumitomo Chemical acquires 4 South American subsidiaries of Nufarm

Sumitomo Chemical has successfully completed the acquisition of four South American subsidiaries in Brazil, Argentina, Chile, and Colombia, owned by group companies of Nufarm, a leading Australian agricultural chemical company, through Sumitomo Chemical's wholly-owned subsidiaries in the region (Sumitomo Chemical Brazil for the Brazilian subsidiary and Sumitomo Chemical Chile for the others).

Chile lithium projects hit by COVID-19

Two agreements that would have been finalised by July for Chilean lithium projects have been delayed due to the COVID-19 pandemic. Before the pandemic, Chilean authorities projected an increase in production of lithium carbonate from the current 96,000t/y to 232,000t/y by 2027.