Kordsa Acquires Fabric Development Inc and Textile Products Inc in the US

Kordsa continues its organic growth with R&D and technology investments while seeking for inorganic growth opportunities in composite business globally. Recently, Kordsa announced the acquisition of Fabric Development Inc. (FDI) and Textile Products Inc. (TPI), which provide advanced composite materials to the commercial aviation industry, with an investment of USD 100 million. Kordsa sees this opportunity as a very important step towards reinforcing its composite market position in the US as well as becoming a strong player in the growing aviation industry supply chain.

Kordsa CEO Ali Çalışkan said: "This new step will ensure us to be a strategic supplier of key players in aerospace and civil aviation, particularly Boeing and Toray Composites Materials America Inc. With this acquisition, we also aim to strengthen our strong global leadership in reinforcement technologies. We used to reinforce the tires of the aircrafts, now we are honored to say that we will also reinforce the wings and hulls of the aircrafts with our composite technologies, as well as the landing tracks of those aircrafts with our construction reinforcement technologies. Kordsa, now operating in 10 facilities throughout 4 continents, will continue to reinforce life and take firm steps forward."

Events

Events

 

 

 

Indo Kordsa Comes Together with Students at National Career Fair

Indo Kordsa participated in the National Career Fair organized by the Indonesian Ministry of Labor. During the fair, Kordsa Reinforcers came together with high school and university students and informed the participants about the tire reinforcement sector and business opportunities at Kordsa.

26 September 2019

Tags : business opportunities, career, CSR, Indo Kordsa, National Career Fair, Social Responsibility, tire, tire reinforcement

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Kordsa Acquires Axiom Materials With an Investment Of USD 181 Million

Kordsa, acquired US-based Axiom Materials. This acquisition of USD 181 million paved the way for Kordsa to be the only worldwide qualified manufacturer of Oxide-Oxide ceramic matrix composites.

20 September 2019

Tags : aerospace, aviation, Axiom, Axiom Materials, Commercial Aviation, composite, composite reinforcement, investment, Oxide-Oxide ceramic matrix, USA

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Kordsa Brazil among Best Employer Brands for the Fourth Consecutive Year

For the fourth consecutive year, Kordsa has been listed among the best employers in the Bahia region of Brazil within the “Great Place to Work” competition. The fact that Kordsa has won this award for the fourth year in a row proves how important employees are to Kordsa, how Kordsa reinforces relationships and values its people.

20 August 2019

Tags : award, GPTW, Great place to work, HR, Human Resource, Kordsa Brazil, prize, value

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Kordsa Chattanooga Receives ISO 14001:2015 Environmental Management System Certificate

Kordsa successfully completed the environmental management system audits at its tire reinforcement facilities in Chattanooga and received ISO 14001: 2015 certification. The environmental management system certification includes commitments related to the efficient use of energy and natural resources, conservation of biodiversity, and the fight against climate change.

10 June 2019

Tags : biodiversity, Certification, climate change, eco-friendly, efficiency, Environmental Management, green, nature, sustainability, USA

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