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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>

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