Expanding its competencies with investments in the composites field, reinforcement leader Kordsa will supply British company TRB Lightweight Structures with carbon fibre fabrics for TRB’s mass production of EV battery enclosures.
Executives from Kordsa’s production facilities around the world came together at the annual Global Leadership Summit. In addition to reviewing 2019 and sharing 2020 goals, world-renowned speakers Peter Marsh, the author of The New Industrial Revolution, and Chris Barez-Brown, founder of Upping Your Elvis, were also present at the summit. Kordsa’s annual Global Leadership Summit, bringing together leaders from all production facilities around the world, took place in Istanbul on 7 January.
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