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.
In addition to the leading tyre manufacturers ranked highly on the recent Carbon Disclosure Project (CDP) ranking, tyre manufacturing material supplier Kordsa has scored well in the Climate Change and Water Security programs since 2016. This year, the company increased both its climate change and water security report scores from B to A- in the 2020 reporting period and therefore rose from management level to leadership level.
Kordsa has been awarded the Gold rating for sustainability by Ecovadis. The rating reflects the tyre and construction reinforcement material supplier’s commitment to achieving sustainability. It also calls Kordsa outstanding in the environment, sustainable procurement, workforce and human resources categories. The Gold award places Kordsa within the top companies among more than 40,000 surveyed for their sustainability credentials between 2015-2019.
Global tyre construction, reinforcement, and composites technology supplier Kordsa has appointed İbrahim Özgür Yıldırım as chief operating officer for the Asia-Pacific region. Yıldırım will replace Zeki Kanadıkırık, who steps down after five years in the position, as of 1 September 2020.
Cokoon is the brand name of a new bonding system technology that all tyre manufacturers and their suppliers can use as an open source solution. The development partners, tyre maker Continental and reinforcers manufacturer Kordsa, began work on this eco-friendly dip technology in 2017. Continental says it has produced quarter of a million tyres featuring Cokoon since beginning volume production last year.
The Carbon Disclosure Project (CDP) raised Kordsa’s score from C- to B in 2019. According to the company, CDP raised Kordsa’s score from C- (the first and lower grade of the “awareness” band) to B (the second and upper grade of the “management” band) in 2019 as a result of the efforts Kordsa carried out to manage risks and opportunities related to climate change.
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.
The third meeting of the PolynSPIRE project was hosted by Istanbul Chemicals and Chemical Products Exporters’ Association (IKMIB) and supported by the reinforcement leader Kordsa, one of the project partners. The General Project Meeting and Information Sharing Workshop of the PolynSPIRE project was held at the Izmit facilities of Kordsa in last May.
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.