Automotive Exports – April 2017
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Monthly automotive aftermarket magazine<br />
Kordsa Targets Turnover of<br />
$70 Million<br />
Kordsa, a subsidiary company of Sabanci Holding, sustains its growth<br />
both in the tire enforcement market and construction and composite<br />
enforcement markets<br />
A<br />
global player of the<br />
tire, composite and<br />
construction technologies market,<br />
Kordsa announced the firm<br />
presented speed and efficiency<br />
in automotive with automotive<br />
composite at JEC Composite Fair<br />
which is regarded a foremost<br />
meeting of the composite fair.<br />
Kordsa one of affiliation of Sabanci<br />
Holding sustains its growth both<br />
in the tire enforcement market<br />
and construction and composite<br />
enforcement markets.<br />
Having held since 1956 and<br />
this year held on 14-16 March,<br />
JEC, one of the most important<br />
composite fairs in the world hosted<br />
some 1,250 participants and<br />
over 35 thousand visitors. Kordsa<br />
participated 4th time in this crucial<br />
meeting of the sector.<br />
At the fair, the automotive<br />
technologies - which have been<br />
improved by Kordsa and Composite<br />
Technologies Excellency Center<br />
which has been commissioned in<br />
2016 <strong>–</strong> were introduced.<br />
While Kordsa put forward its power<br />
with improved technology in<br />
the composite area, the firm also<br />
informed about the technologies<br />
that will add speed and efficiency<br />
to the automotive sector. Providing<br />
speed and efficiency regarding its<br />
improved resin technology, Kordsa<br />
ensures a shortage in curing time<br />
the qualification of revolution. The<br />
curing time decreased 3 minutes<br />
from 9 minutes thanks to the new<br />
resin technology developed by<br />
Kordsa and surface quality of the<br />
composite material has increased.<br />
So, Kordsa has developed and<br />
offered to the market a process<br />
technology complying with the<br />
automotive production speed with<br />
this new resin technology.<br />
Cenk Alper said, “Today, Kordsa<br />
reinforces one out of 2 automobile<br />
tires and one out of 3 aircraft<br />
tires produced in the world. One<br />
of the most important identifier<br />
factors in our success background<br />
is our innovation power. In 2016,<br />
there are our record patent<br />
applications. There are totally<br />
407 patent applications and 128<br />
inventions. We protect our global<br />
leadership with innovations which<br />
generate value for our customers.<br />
Now we have transferred our<br />
skillfulness which comes from tire<br />
reinforcement to the composite<br />
area. Now we offer an innovation<br />
for composite which qualifies<br />
as revolution. We let the market<br />
share of Kordsa grow in Europe in<br />
composite technologies. We have<br />
been in sample process with 30<br />
customers of 40 ones that we have<br />
negotiated. We aim our turnover<br />
in composite to reach $70 million.<br />
One of the most important outputs<br />
of our technology and innovation<br />
that we have commissioned in<br />
2016 is Composite Technologies<br />
Excellency Center in 2016; the<br />
processes are taken up under the<br />
same roof. All these indicators are<br />
the proof of Kordsa’s investment<br />
in technology and innovation and<br />
powerful return of these.”<br />
Cenk Alper concluded, “Kordsa<br />
addresses a wide geography from<br />
America to Asia Pacific. It heals lives<br />
with social responsibility projects,<br />
brings together the different<br />
cultures. We enforce life, with this<br />
vision we will continue our activities<br />
across the world.”<br />
24 APRIL <strong>2017</strong>