Kordsa, providing reinforcement technologies to the global market, has inaugurated its additional polyester line at its Izmit plant in Turkey in order to meet the increasing demand in the field. With the new $18 million line, a new generation of polyester yarn products with higher resiliency and better dimensional stability will be produced.

The new line equipped with the latest technology adds 7,000 tons of additional capacity, and will also produce the standard HMLS polyester yarn, a Kordsa press release said.

Kordsa Chairman Cenk Alper, wishing the line to be beneficial for Kordsa and the Sabanci Group, underlined that Kordsa’s innovation strength is an inspiration for Sabanci Group. Alper said: “When we started our journey in 1973, we had big dreams and big goals. Initially we had been a cord fabric producer in Izmit, and today, thanks to our innovative technologies and our open innovation approach, we have become a global company which exports technology to the whole world, and sets its eyes on space. We support our growth with investments in our main business line in Turkey. With these investments, and our expansion from tyre reinforcement to composites technologies, we continue to invest and produce in an effort to be the driving force of the Turkish economy. Each passing day, we strive to reinforce a wider area and build a more reinforced future.”

Kordsa CEO Ali Caliskan said that Kordsa is taking firm steps towards building a second Kordsa with the strategic investments in three business lines. “As the reinforcer of every one out of three automobile tyres and every two out of three aircraft tyres, we touch every corner of life thanks to our recent investments. Today, with our current capabilities, we are able to reinforce the wings, hulls, motors, and interior of the aircrafts, as well as their landing tracks. Our latest investments enabled us to strengthen our position among the largest polyester yarn producer and provide us another leadership in polyester yarn. We sustain our global leadership with our open innovation mindset and innovations that create added value and shape the industries we are in.” (RKS)