Home / Knowledge / News / Textiles / Turkey's Sabanci to invest US$ 130mn in Kordsa unit
Turkey's Sabanci to invest US$ 130mn in Kordsa unit
Mar '12
Turkish company Sabanci Holding plans to invest US$ 130 million in its Kordsa nylon and polyester unit this year.

Mehmet Pekarun, Head of Sabanci, said the company would invest a total of US$ 275 million in 2012 across its various units, of which an amount of US$ 130 million would be allocated for its Kordsa unit.

Kordsa Global is the world's leading producer of industrial nylon and polyester yarns, tire cord fabric and single end cord.

Since its inception in 1973 with an investment in the tire cord fabric plant in Izmit, Turkey, Kordsa has grown to become a global leader through strategic acquisitions made in collaboration with powerful business partners.

Kordsa currently has 11 plants located in nine countries across five continents employing 4,500 people.

In 2010, Kordsa Global recorded sales of US$ 850 million.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Oct 2016

Indian polyester market demand grows 14% in Q2 FY17: RIL

The Indian polyester market witnessed a demand growth of 14 per cent...

Fashion | On 20th Oct 2016

Replay to explore new markets in 2017

Replay, the iconic Germany based denim brand, is planning to get into ...

Textiles | On 20th Oct 2016

Pakistan proposes Rs200 bn for textile sector revival

A bailout package of Rs 200 billion has been proposed by the Pakistan ...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search