Tag: tyre cord

Xingda tyre cord opens European office

9th January 2019 | 0 Comments

Chinese tyre cord manufacturer Xingda has opened a European office in Luxembourg. The new European operation has been registered as Xingda Europe Limited and is a subsidiary of Xingda International Holding Company.

Continue Reading

Kordsa wins Platin Global 100 award

Kordsa wins Platin Global 100 award

5th November 2018 | 0 Comments

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.

Continue Reading

Kordsa buys US firms Fabric Development Inc and Textile Products Inc

Kordsa buys US firms Fabric Development Inc and Textile Products Inc

30th July 2018 | 0 Comments

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.

Continue Reading

US tyre cord makers could close due to steel tariffs

US tyre cord makers could close due to steel tariffs

22nd June 2018 | 0 Comments

In mid-June US president Donald Trump announced plans to impose 25 per cent tariffs on US$50 billion worth of Chinese goods. However, the above round of tariffs was actually an additional wave that followed as part of the Trump administration’s ongoing trade war with China. Steel is at the centre of this dispute, with President Trump suggesting that China is dumping steel in America. But now US tyre cord makers could close due to steel tariffs.

Continue Reading

Bekaert closing Figline-Valdarno factory

22nd June 2018 | 0 Comments

Bekaert Group is closing its rubber reinforcement entity in Figline e Incisa Valdarno, Italy and cease all activities there.

Continue Reading

Kordsa presents lightweighting concepts at Movin’On

22nd June 2018 | 0 Comments

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.

Continue Reading

Toray admits tyre cord data falsification

7th December 2017 | 0 Comments

At the end of November, Japan’s Toray Industries admitted to 149 cases of quality data falsification at a materials-making subsidiary that span eight years. According to a report by Reuters, the firm said the cheating involved tyre-strengthening cord that was sold to 13 clients by Toray Hybrid Cord.

Continue Reading

Kordsa presents at Michelin Movin’ On event

20th June 2017 | 0 Comments

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”.

Continue Reading

Kordsa appoints Caliskan as CEO

20th April 2017 | 0 Comments

Kordsa has announced the appointment of Ali Caliskan as the company’s new CEO. Also announced by Kordsa is the move of Cenk Alper from CEO to group president of the affiliated Sabanci Holdings Industry Group. Alper has been in the CEO position since 2013.

Continue Reading

Tyre cord and fabric market size to reach US$6.40 billion by 2024

7th April 2017 | 0 Comments

The tyre cord and fabric market will be worth over U$6 billion by 2024 on the back of robust growth in the automotive industry is the growth driver in the global tyre cord and tyre fabrics market size, according to a new report published by Global Market Insights. The US, India, Japan, China and South Korea are the prominent countries for the automotive sector and account more than 50 per cent of the global commercial and personal vehicle production in 2015. Growing middle class population along with rising consumer per capita disposable income in China and India will complement the automotive business growth by 2024.

Continue Reading

Kolon Industries building tyre cord plant in Vietnam

25th November 2016 | 0 Comments

South Korea’s Kolon Industries has signed a memorandum of understanding with the government of Vietnam’s Binh Duong province regarding the set-up of a tyre cord factory in the region. At the ceremony on 23 November, Kolon Industries also announced its entry into a land lease contract with Vietnamese investment and development corporation Becamex IDC, under which the Korean firm will lease a 42-hectare site in Becamex IDC’s Bau Bang Industrial Park.

Continue Reading

Kordsa Global a ‘great place to work’

21st June 2016 | 0 Comments

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.

Continue Reading

Kordsa Global opens new tyre cord plant in Indonesia

Kordsa Global opens new tyre cord plant in Indonesia

21st January 2015 | 0 Comments

Kordsa Global has opened its second site in Indonesia. The company invested US$100 million in the project and the plant, located in Bogor-Citeureup (Java) includes an 18 kiloton tyre cord fabric facility and a 14 kiloton third and fourth-generation polyester HMLS yarn facility. Over 200 people will be employed at the two operations. The site’s official opening was attended by Sabanci Holding chairperson Guler Sabanci, Mehmet Pekarun, SBU industry president of Sabanci Holding and chairman of Kordsa, Cenk Alper, Kordsa Global CEO, officials from Indonesia’s government and local administrators.

Continue Reading

Tyre cord firm Kiswire continues US plant expansion

27th November 2014 | 0 Comments

Kiswire, Inc. is continuing the expansion of its South Carolina, USA tyre cored factory with the investment of $30 million, a figure which is to expected to create 45 new jobs. Once the expansion is completed, Kiswire, Inc. will employ approximately 200 at its two Newberry, South Carolina facilities. The latest move represents the second […]

Continue Reading

[ + ]