Company Profile

Kordsa Global is the world's leading producer of nylon and polyester yarns, cord fabric, and single end cord and provides services to the tire reinforcement and mechanical rubber markets.

Kordsa’s success story began with the investment in the cord fabric plant in Izmit, Turkey in 1973. Since then, the Company has become the global leader thanks to strategic acquisitions made in collaboration with powerful business partners. With its 11 facilities, located in 9 countries over 5 continents, and a 4,500-strong workforce, the Company has maintained its position as a global leader. Kordsa Global recorded sales of US$ 656 million in 2009.

Kordsa Global, with its head office in Istanbul, operates in below countries:

Europe, Middle-East and Africa
(Turkey, Germany, Egypt)

North America
(USA - Laurel Hill & Chattanooga)

South America
(Brazil, Argentina)

Asia Pacific
(China, Indonesia, Thailand)

Due to its flexibility, 2009 was a year in which Kordsa Global managed the economic crisis and the demands of the shrinking market well.

Kordsa Global has commenced practicing the New Operating Model as of the beginning of this year. With this new model, the Company has made a transition from regional to functional management, revising primary processes like its global customer management and supply chain, and adapted to changing market conditions.

Kordsa Global has started to enjoy the benefits of concentrating its investments in line with customer needs and its R&D activities in 2009 also. In April, Kordsa Global Technology Center was accredited as R&D Center by the Turkish Ministry of Industry. In this way, the Company has deemed the right to government support and funding for R&D expenses. Aside from this, it has also commenced its commercialization activities regarding new superior denier polyester fiber, aramid, nylon hybrid cords and other new products together with the industry's leading customers.

Kordsa Global's public shares which account to 8.9% are listed on the Istanbul Stock Exchange (IMKB).