Kordsa introduced its new invention which it developed with Continental at the beginning of 2018 at Tire Technology in Hannover. Kordsa Technology Director Devrim Özaydın said that, “Since 2008 we have been working on an environmentally friendly adhesive formula with a non-resorcinol and formaldehyde free in the field of tire technologies. While we are developing the chemical structure, Continental has also developed application-related technologies.”
Devrim Özaydın said that they think this new technology could be the new standard adhesive of textile reinforcing materials sector. Özaydın added, ”We will present all information to the world with the right of free use in order to be the new standard of the industry.” Devrim Özaydın stated that they achieved to change the formula used in the tire cord fabric bath within the framework of this cooperation and stated that the formula they have reached is more ecofriendly formula that can be an alternative to the resorcinol formaldehyde formula which has been used for 80 years. In addition, Kordsa carry out studies on new technologies to increase energy efficiency and reduce its carbon dioxide emissions by taking the environmental effects into consideration in the İzmit R & D center. For example, it developed a new concept in the finishing process with the Minidip project , while the ABC project achieved an average energy saving of 10 to 15 percent on twisting machines.
Kordsa has 218 approved patents
In the first half of 2018, Kordsa is among the global leaders with the number of patents published in the patent research database. Özaydın said, “We increased our total patent portfolio by approximately 60 percent in 2017. As of July 2018, we have 174 inventions worldwide, 717 patent applications and 218 approved patents.”
Awarded R & D Centers
Kordsa’s first R & D center in Izmit was established in 2008. In 2016, with the investment of 30 million dollars, they established the second R & D centers in the Composite Technologies Center of Excellence, which they implemented together with Sabancı University. This center is the first carbon cloth and prepreg manufacturers who support the basic research to the production of prototype parts in Turkey.
Kordsa to expand its global footprint in aerospace industry with a new US investment Kordsa has signed a definitive agreement to acquire approximately 96% share of Axiom Materials Acquisition LLC, total enterprise value of USD 181 million, which provides advanced composite for aerospace and industrial applications. composite technologies that we entered with our first investment in 2013. We realized Composite Technologies Center of Excellence investment in 2016. As part of our inorganic growth targets, following the acquisition of three composite firms in 2018, we have taken the necessary steps to acquire yet another composite company based in the US. In order to leave behind long approval processes in aircraft parts and space vehicles, we set out to acquire Axiom Materials, an approved supplier for aerospace industry. With this acquisition, we will lead the advanced composite technologies for the next generation industrial and transportation applications, as well as the aerospace industry.