Kordsa has announced that in furtherance of its efforts to strengthen its already strong global leadership in reinforcement technologies, it has entered into a definitive purchase agreement to acquire two ​​advanced composite technology companies in the United States. 

Kordsa, which operates in the tire, construction reinforcement and composite technologies in a wide region from America to Asia Pacific with the mission of reinforcing life, held a groundbreaking ceremony for an additional factory line in Izmit, Turkey to increase polyester yarn capacity by 7,000 tons on Tuesday, Dec. 19. In addition to this new polyester yarn line investment, Kordsa also held a groundbreaking ceremony for the "polypropylene monofilament" line in the field of construction reinforcement.

Kordsa, a leader in tire, construction reinforcement and composite technologies, has released its annual ustainability report, which highlights the company's social, economic and environmental performance in 2016. Striving to “Reinforce Life”, Kordsa’s third sustainability report has been prepared in accordance with new standards released by the Global Reporting Initiative (GRI) in 2016. Kordsa is one of the first 100 companies worldwide to comply with these standards.

The leading firm in tire and construction reinforcement and composite technologies was among the 100 fastest-growing companies in Indonesia this year. It has been selected as "Best Employer" for two years in a row in Brazil. Kordsa was recently awarded the "Best Practices in Internship Programs” in Brazil, as well as the "Indonesia Most Powerful Companies (IMPCA) 2017" award.

Kordsa received the third prize in the Innovation Strategy category at the Inovalig Awards held within the scope of Turkey Innovation and Entrepreneurship Week. Kordsa CEO Ali Çalışkan received the award from Turkish Economy Minister Nihat Zeybekçi and the president of the Turkish Exporters Assembly, Mehmet Büyükekşi. Kordsa also made a presentation on its successes and future goals in R&D and innovation at the event.

Kordsa runs for good at IsKordsa participated in the 39^th Istanbul Marathon for the fifth time. Kordsa, continuing its corporate social responsibility initiatives in an effort to reinforce the future, running for TOÇEV, a foundation that changes the lives of children and has been saying that "education is every child’s right" for 23 years. 42 Kordsa reinforcers joined the marathon.tanbul Marathon

Sabancı Holding affiliate Kordsa was awarded first prize in the textiles category at a prizegiving ceremony carried out at the 6th Private Sector R&D and Design Centers Summit. Kordsa CEO Ali Çalışkan was given the prize by Turkish Science, Industry and Technology Minister Faruk Özlü.

Kordsa has been awarded the Grand Award in the category of quality circles at the 20th Quality Circles Sharing Conference organized by KalDer (the Turkish Quality Association). Group Flex, established for flex automation in Kordsa's finishing machinery and Group “Ip Koptu”, established in an effort to reduce waste on aramid bending machines, were honored with awards at the ceremony held on October 11.