Kordsa is a global player in the market of tire, composite and construction reinforcement technologies. In 2016 Kordsa realized 32 inventions and applied for 103 patents.
In total, the company has 407 patent applications and 128 inventions, including hybrid cord structure with basalt fiber.
According to the company, professor Ben Bensaou from INSEAD have calculated the number of patents for his book “Innovation Machine” and came to the conclusion that due to R&D and innovation practices, Kordsa closed 2016 with a record number of patent applications.
As we reported earlier, Kordsa Global was involved in setting up Turkish Composite Technologies Excellence Center, created with the aim to develop an ecosystem for learning, research, and manufacture of advanced composite materials. The total amount of investments in the projects was $30 million.