By the end of 2017, Kordza had reported a total of 664 patent applications, 168 patents granted and 167 discrete inventions. In total company’s patent portfolio increased by 60% compared to 2016, and a number of inventions increased by 14%.
Most of the last year’s inventions were achieved in the R&D Center in Izmit, and the others were made in the R&D Center in Composite Technologies Center of Excellence.
Apart from the active research activity and promoting innovations affiliate of the Turkish Sabancı Holding keeps on implementing technologies that help them stay ahead the curve in the composite industry. In addition, the acquisition of two aerospace composites manufacturers is supposed to be closed in the first quarter of this year.
It should be noted that Kordza managed to obtain 103 patents and made 32 inventions in 2016. The company’s patent applications include car cord reinforced with basalt fiber.