Inspired from LifeWe Reinforce Life

Kordsa aims to create sustainable value by offering high value-added innovative reinforcement solutions for its customers, employees, stakeholders and communities with a mission to “Reinforce Life.”

KORDSA AT A GLANCE
Inspired from Life We Reinforce Life
  • 1005

    Patent Applications

  • 238

    Inventions

  • 539

    Approved Patents

Reinforcing 1 out of every 3 automobile tires and 2 out of every 3 aircraft tires in the world with its tire reinforcement technologies, Kordsa is now in a position to reinforce landing tracks of those aircrafts with its construction reinforcement technologies, and aircraft fuselage, engine and wings with its composite technologies.

We develop environmentally-friendly products in the tire industry that reduce fuel consumption and provide better wet grip, and we develop technologies that allow for lighter cars, performing with lower fuel consumption and lower carbon emissions in the composite industry. With our more durable and practical reinforcement solutions for infrastructure and superstructure projects in the construction industry we give our touch to every aspect of life.

R&D and innovation are an integral part of Kordsa’s corporate culture. Kordsa’s first R&D center, established in Izmit in 2007, serves as an innovation kitchen for tire and construction reinforcement technologies for both the global and Turkish market. Kordsa’s second R&D center is located in the Composite Technologies Center of Excellence which brings together R&D, innovation and production under one roof.

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BUSINESS UNITS
Successfully Building the Future of Reinforcement

A global player in the tire and construction reinforcement as well as composite technologies markets, Kordsa operates in 6 countries, namely, Türkiye, Brazil, Indonesia, Thailand, the US and Italy with its 13 production facilities and near to 4,500 reinforcers.

<strong>Tire</strong> Reinforcement
<strong>Tire</strong> Reinforcement

Kordsa delivers top-tier, end-to-end solutions customized for manufacturers crafting tires for various vehicles — from automobiles and agricultural machinery to industrial vehicles, lorries, buses, motorcycles, and airplanes. Kordsa reinforces 1 in every 3 automobile tires and 2 in every 3 airplane tires globally.

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<strong>Composite</strong> Reinforcement
<strong>Composite</strong> Reinforcement

Kordsa is committed to reinforcing life by developing innovative intermediate products such as prepregs, prepreg adhesive and surface films, and phenolic honeycombs for the aerospace and automotive industries through its composite technologies.

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<strong>Construction</strong> Reinforcement
<strong>Construction</strong> Reinforcement

Kordsa’s Construction Reinforcement Business Unit is continually expanding and enhancing the product portfolio. Kordsa aims to pioneer the construction industry, driving innovation with our Kratos Synthetic Fiber Reinforcements and Kratos Structural Reinforcement systems.

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<strong>Compounding</strong>
<strong>Compounding</strong>

With half a century of expertise in the polymer industry, Kordsa produces a range of engineering plastics, including PA66, PA6, PPA, PBT, PET, PC, ABS, POM, PP, PPS, PEEK, and their bio-based counterparts.

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PRODUCTS
High successful reinforcer growing into an advanced materials company

A global player in the tire and construction reinforcement as well as composite technologies markets, Kordsa operates in 6 countries, namely, Türkiye, Brazil, Indonesia, Thailand, the US and Italy with its 13 production facilities and near to 4,500 reinforcers.

  • 1

    Tire Reinforcement

    Kordsa develops reinforcement technologies for the tires of automobiles, airplanes, motorcycles.

  • 2

    Composite Reinforcement

    Kordsa develops innovative and unique intermediate products and applications for composite technologies for the aerospace and automotive as well as sports equipment and marine.

  • 3

    Construction Reinforcement

    Kordsa has combined its experience in industrial fiber technologies with its reinforcement mission.

  • 4

    Polymer Compounding

    We develop and produce the main raw material of functional and high-performance, sustainable engineering plastics found in all areas of our lives.

SUSTAINABILITY

We intend to produce “sustainable technologies” with every step and our investments on the way to our mission to reinforce life.

As Kordsa, with our technologies in the tire reinforcement sector which reduce fuel consumption through decreased rolling resistance, with our composite technologies which reduce carbon emissions by making vehicles lighter and consume less fuel and also with our more durable and practical reinforcement solutions in the construction industry, we continue to provide innovative reinforcement solutions to create value for the community we live in.

INSPIRED FROM LIFE WE REINFORCE LIFE
Kordsa, global

Kordsa leads tire reinforcement market with longstanding strategic partnerships with all global tire players while expanding its product portfolio with investments in composite technologies

KORDSA

We Reinforce Life

While reinforcing one out of every three automobile tires and two out of every three aircraft tires on the planet, we now reinforce engines, wings and the hulls of aircraft with composite materials and airfields with concrete materials.

korsa-world-map
  • 1005

    Patent Applications

  • 238

    Inventions

  • 539

    Approved Patent Family

Natural Hedge Opportunity for investors in Turkey

Natural hedge opportunity for investors in Turkey against fx risk exposures with 100% FX-based revenue

Revenues
  • %79

    USD-Based

  • %21

    UR-Based

Costs
  • %82

    USD-Based

  • %7

    Türk Lirası

  • %6

    IDR-Based

  • %5

    BRL-Based

  • %1

    THB-Based

Leader in Tire Reinforcement Market

Sustainable Growth in All Operating Segments

Strong Cash Generation and Dividend Payout

Technology Leadership

Board of Directors chevron-icon

Burak Turgut Orhun
Burak Turgut Orhun

Chair

Ali Çalışkan
Ali Çalışkan

Deputy Chair

Yeşim Özlale Önen
Yeşim Özlale Önen

Member

N. Orhun Köstem
N. Orhun Köstem

Member

Şerife Ebru Doğruol Aygil
Şerife Ebru Doğruol Aygil

Independent Member

Güngör Kaymak
Güngör Kaymak

Independent Member

Audit Committee

Güngör KAYMAK

Chair

Şerife Ebru DOĞRUOL AYGİL

Member

Corporate Governance Comittee

Şerife Ebru DOĞRUOL AYGİL

Chair

Güngör KAYMAK

Member

Yeşim ÖZLALE ÖNEN

Member

Ayhan KARAKOCA

Member

Early Risk Assessment Committee

Güngör KAYMAK

Chair

Şerife Ebru DOĞRUOL AYGİL

Member

N. Orhun KÖSTEM

Member

Ali ÇALIŞKAN

Member

Board and Committees
2021
2022
2023
Total Numbers
Meeting of Board of Directors 29 34 32
Meeting of Corporate Governance Committee 6 5 5
Meeting of Early Detection of Risk Committee 6 7 6
Meeting of Audit Committee 4 8 8
Meeting Attendance
Attendance of Meeting of Board of Directors 100% 100% 100%
Attendance of Meeting of Corporate Governance Committee 100% 100% 100%
Attendance of Meeting of Early Detection of Risk Committee 100% 100% 100%
Attendance of Meeting of Audit Committee 100% 100% 100%
Indicator
2021
2022
2023
1Q 2024
2Q 2024
3Q 2024
Number of Meetings
Meeting of Board of Directors 29 34 32 10 7
Meeting of Corporate Governance Committee 6 5 5 2 1
Meeting of Early Detection of Risk Committee 6 7 6 1 2
Meeting of Audit Committee 4 8 8 2 2
Participation
Attendance of Meeting of Board of Directors 100% 100% 100% 100% 100%
Attendance of Meeting of Corporate Governance Committee 100% 100% 100% 100% 100%
Attendance of Meeting of Early Detection of Risk Committee 100% 100% 100% 100% 100%
Attendance of Meeting of Audit Committee 100% 100% 100% 100% 100%
İbrahim Özgür Yıldırım
İbrahim Özgür Yıldırım

CEO

Ömür Menteş
Ömür Menteş

Global Chief Operating Officer, Tire

Doğan Sevim
Doğan Sevim

Chief Global Sales and Marketing Officer

Şermin Mutlu
Şermin Mutlu

Chief Finance Officer

Deniz Korkmaz
Deniz Korkmaz

Global Chief Operating Officer, Composite

Eray Karaduman
Eray Karaduman

Chief Human Resources Officer & Regional General Manager, North America

Müge Yenmez
Müge Yenmez

Chief Technology Officer & Composite EMEA General Manager

Boudewijn De Loose
Boudewijn De Loose

Chief Business Development Officer

Mehmet İlker Çalışkan
Mehmet İlker Çalışkan

Chief Digitalization & Integration Officer

Türkiye

Ethics Compliance Officer: Kadir Erdem E-mail: etik.tr@kordsa.com Phone: (+90) 262 316 79 99

ABD /Chattanooga

Ethics Compliance Officer: Kadir Erdem E-mail: etik.tr@kordsa.com Phone: (+90) 262 316 79 99

ABD / Laurel Hill

Ethics Compliance Officer: Kadir Erdem E-mail: etik.tr@kordsa.com Phone: (+90) 262 316 79 99

ABD /Anaheim

Ethics Compliance Officer: Kadir Erdem E-mail: etik.tr@kordsa.com Phone: (+90) 262 316 79 99

BRASIL

Ethics Compliance Officer: Kadir Erdem E-mail: etik.tr@kordsa.com Phone: (+90) 262 316 79 99

INDONESIA

Ethics Compliance Officer: Kadir Erdem E-mail: etik.tr@kordsa.com Phone: (+90) 262 316 79 99

THAILAND

Ethics Compliance Officer: Kadir Erdem E-mail: etik.tr@kordsa.com Phone: (+90) 262 316 79 99

GLOBAL

Ethics Compliance Officer: Kadir Erdem E-mail: etik.tr@kordsa.com Phone: (+90) 262 316 79 99

ETHICS BOARD

Ethics Compliance Officer: Kadir Erdem E-mail: etik.tr@kordsa.com Phone:

DRT BAĞIMSIZ DENETİM VE SERBEST MUHASEBECİ MALİ MÜŞAVİRLİK A.Ş.

Head Office Address

Eski Büyükdere Caddesi Maslak Mahallesi No:1 Maslak no1 Plaza Maslak 34485 Sarıyer – İSTANBUL