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Sumitomo hit by strong yen in 2009

The adverse impact of a stronger yen contributed to a 9.1 % decline in Sumitomo Chemical’s agrochemical sales to ¥131,335 million ($1,459 million at the current rate) in the year to March 31st 2010. The effect was partly offset by good sales in the US, mainly of herbicides, the company says. North America overtook Europe as Sumitomo’s second-largest sales region.



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