Kordsa recently received 2019 Pirelli Supplier Award. Having put sustainability at the heart of its activities since 2014, and seeing self-sustainability as the first step to sustainability, Kordsa requires its suppliers and business partners to operate in accordance with the principles in its Statement on Code of Business Ethics and assess their environmental and societal effects.
Cenk Alper has become chief executive officer of Sabanci Holding, the Turkish conglomerate behind tyre cord producer Kordsa and co-owner of tyre manufacturer Brisa. He succeeds Mehmet Göçmen, who held this position between 30 March 2017 and 31 July 2019.
Operations have started at the recently-completed 3,500 square metre polyester line built at the Kordsa plant in Izmit, Turkey. Kordsa’s Tire Reinforcement business unit commenced work on the additional line in December 2017, and 100 million Turkish lira (£13.3 million) has been invested to provide an additional 7,000 tonnes of polyester yarn capacity. The project was carried out as part of plans announced in 2016 to invest $30 million in further capacity for Korda’s plants in Turkey and Indonesia.
Kordsa has been named as one of the Global 100 enterprises. According to a study conducted by Platin magazine in association with IPSOS. Platin also gave Kordsa the Industry 4.0 award in the textile category.
Kordsa has spent roughly US$100 million buying Fabric Development Inc (FDI) and Textile Products Inc. (TPI), which provide advanced composite materials to the commercial aviation industry. With these acquisitions Kordsa aims to follow the same path that led to leadership in tyre reinforcement technologies.
At the Movin’On conference on future mobility held last month in Montreal, tyre cord and composite technology company Kordsa made a presentation that emphasized the need to lighten vehicles for efficient and sustainable mobility.
Tyre and construction reinforcement and composite technologies supplier Kordsa has launched a new campaign entitled “We Reinforce Life”. The marketing campaign underlines how products and technologies developed by Kordsa contribute to safer, easier, more efficient and convenient everyday lives. The Sabanci Holding affiliate also hopes to strengthen its leadership and brand identity in reinforcement technologies. Kordsa claims to be “the reinforcer” of one in every three automobile tyres and two in every three aircraft tyres around the world.
A collaboration between Continental’s Tire division and Kordsa, the Sabanci Group’s textile reinforcing materials business, is expected to result in a new, sustainable system of bonding textile reinforcing materials to rubber-based compounds. Specifically, the two companies are working on a technology that replaces resorcinol and formaldehyde with more environmentally friendly chemicals. Continental reports that to-date the joint work has delivered “very promising” results, adding that the technology will be available to others under a free licensing concept.
When the 2017 edition of Michelin Movin’ On symposium started on 13 June in Montreal, Canada Kordsa’s chief operating officer of North America, Jim Del Piano gave a presentation on the opening day stressing the significance of open innovation which will be a key factor for reinforcement market. Del Piano, in his presentation, gave insights on the future of the mobility and emerging solutions. In other words, “innovation [is] long way to walk alone”.
Tyre cord manufacturer Kordsa Global has been recognized as a “great place to work” in Bahia, Brazil, the company announced. According to a survey conducted by the Great Place to Work Institute that included nearly 40 companies, Kordsa Global ranked 7th in the list of best employers.
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