Sumitomo Chemical opens new R&D centre in Brazil
Japan’s Sumitomo Chemical has opened its first research and development (R&D) facility in Brazil called the Latin America Research Centre (LARC).
With opening of the centre, the company also seeks to expand its business opportunities further in Latin America.
Opened with an investment of R$12m ($3m), the new centre will conduct various trials, R&D, and analysis of the company’s AgroSolution products, including crop protection products.
Sumitomo Chemical’s fully owned Brazilian subsidiary will operate LARC, which is spreading across an area of around 48ha of land accommodating an experimental field, laboratory buildings, a green house, and other facilities.
The company said that LARC will help increase development of products suitable for the local conditions and requirements.
Furthermore, the new R&D centre will enable Sumitomo Chemical to conduct field trials of crops and other products in the Southern Hemisphere.
In addition to developing, distributing and selling crop protection products, household and public hygiene insecticides, LARC is expected to support Sumitomo Chemical’s other businesses, such as feed additive methionine.
The crop protection sector in Latin America is estimated to represent around 25% of the global industry market.
Sumitomo Chemical said that the Brazilian crop protection market has become the world’s largest, even surpassing the US.
Last month, the company announced its plan to establish a new marketing base for its polypropylene (PP) compound business in Mexico and provide manufacturing capabilities in India.
Image: Sumitomo Chemical’s new Latin America Research Centre, Brazil. Photo: courtesy of Sumitomo Chemical Company Limited.