Kordsa Teknik Tekstil A.S. Stocks

Kordsa Teknik Tekstil A.S. manufactures and sells vehicle tires and related products in North America, South America, Europe, the Middle East, Africa, and Asia. It is involved in the manufacturing of industrial cloths, transmission belts, v-belts, rubber hoses, and rubber and plastic products; industrial single cord with industrial fabrics in the structure of the material; heavy denier fiber and connection fabrics; and the processing and marketing of guide cloths and other rubber reinforcement materials. The company also provides rubber cord and mechanical rubber good fabrics. In addition, it offers advanced composites to the civil aviation sector and offers nylon 6, nylon 6.6, and polyethylene terephthalate high modulus low shrinkage polyester, as well as rayon heavy decitex yarns for use in tires and mechanical rubber goods. Further, the company offers composites technologies such as polymeric matrix prepregs, ceramic matrix prepregs, slittape, towpreg, films, honeycomb, biobased prepreg, natural fiber prepregs, flame retardant prepregs, and water based phenolic honeycomb and sandwich panels. The company was formerly known as Kordsa Endüstriyel Iplik ve Kord Bezi Sanayi ve Ticaret Anonim Sirketi and changed its name to Kordsa Teknik Tekstil A.S. in March 2017. The company was incorporated in 1973 and is headquartered in Izmit, Turkey. Kordsa Teknik Tekstil A.S. is a subsidiary of Haci Ömer Sabanci Holding A.S.