HISTORY & ORGANIZATION
Presperse, founded in 1981 by the late Alan B. Black, began its
success as a company based upon a single technology. Today, with a
diverse portfolio of over 300 materials, Presperse continues to
expand as a successful international organization servicing the
cosmetic and personal care industry with unique and technologically
advanced specialty raw materials, under the umbrella of Sumitomo
Corporation. Our company headquarters located in Somerset, NJ
houses our corporate offices, R&D, and expanded warehouse
facilities. The establishment of strategic international
warehousing locations as well as our worldwide network of partners
increases our ability to service our customers more efficiently on
a global basis. Our strength is based on our talent to identify,
source, and develop advanced technologies giving us the capacity to
fulfill our customer's needs for product innovation.
Sumitomo Corporation is an integrated trading company
encompassing 150 operating bases and more than 800 subsidiaries and
associated companies worldwide. Besides commercial transactions
spanning a broad spectrum - from metals, machinery and energy
resources to food - the company also undertakes investments and
pursues business of multifaceted diversity. Sumitomo Corporation
aspires to leverage its solid business base and comprehensive
strengths and greet changing parameters as opportunities for future
growth, aiming to engage in business of high quality and social
significance as a way of enriching the lives and realizing the
dreams of its stakeholders.
Sumitomo Corporation belongs to a corporate group called the
Sumitomo Group.Sumitomo`s history dates back about 400years, to
when the founder of the Sumitomo Merchant family, Masatomo, became
a publisher and opened a dispensing pharmacy in Kyoto. Masatomo
left his teachings on business to his family members as the
Founder`s Precepts, which still lives on today. Sumitomo later
expanded its business to Osaka, the Commercial port city, and ran
the Besshi copper mine for almost 300years. It was the completion
of an innovative copper smelting technology, originally acquired
from foreigners, that led to this development. Sumitomo copper
products soon gained high international recognition and trust.
Sumitomo went on to establish its position as the only private
company having direct transactions with overseas partners.
Sumitomo , which had developed its business globally from early
on, branched out into various related businesses shaped around the
copper mining business. These businesses caught the wave of
modernization in Japan and became independent companies. Each
company grew and became leading companies in major industries.
Today , these companies make up the Sumitomo Group. The group`s
total sales revenue is equivalent to about 6% of the GDP in Japan.
Sumitomo Corporation plays the central role in the Group, it has
grown to become a global company ranked among the Fortune global
500 companies.
Sumitomo Corporation has expanded business models established
worldwide to new regions. Furthermore, Sumitomo Corporation has
modified and adjusted each business model to fit economic
conditions and consumption patterns in each region. As a result of
these measures, Sumitomo Corporation`s 800 subsidiaries around the
world are expanding their earnings base by capturing market growth
in various regions. Going forward, Sumitomo Corporation intends to
continue building business foundations in various regions, in order
to align market expansion with the growth of Sumitomo Corporation
as a whole.
VISION & BELIEFS
As we move forward in establishing Presperse as an international
brand, our mission is to:
- Bring the global cosmetic and personal care industry, strong
market insight, technology innovation, and creative
inspiration.
- Uphold our high standards of customer service and quality while
maintaining the highest of ethical standards.
- Strengthen our position as a global technology solution
provider, dedicated to the advancement of cosmetic science.
