Summit Agro to expand
Japanese trading company Sumitomo Corporation intends to expand and strengthen its agrochemical operations as part of its 2007-2009 corporate business plan. Sumitomo's global agrochemical distribution network mainly trades under the Summit Agro name. It plans to establish a company in Russia, as Summit Agro Russia. The project is in the final stages of a feasibility study. Sumitomo already has subsidiaries in several central and eastern European countries (Agrow No 387, p 4).