IZMIT, Turkey—Kordsa's expanded Izmit facility has begun polyester yarn production on its newest line, following an $18 million investment. The new line, which focuses on polyester yarn products with higher resiliency and better dimensional stability, is being produced in addition to the standard HMLS polyester yarn, Kordsa said.
Kordsa said it sought to add 7,000 tons of polyester yarn capacity globally, in response to rising demand for the product, which is used a variety of tires, as well as other aircraft components. Its expansion plans included investments in Indonesia and Turkey, moves the company said strengthen its position as a leading polyester yarn maker.
"As the reinforcer of every one out of three automobile tires and every two out of three aircraft tires, we touch every corner of life thanks to our recent investments," Kordsa CEO Ali Calıskan said in a statement. "Today, with our current capabilities, we are able to reinforce the wings, hulls, motors, and interior of the aircrafts, as well as their landing tracks. Our latest investments enabled us to strengthen our position among the largest polyester yarn producers and provided us another leadership in polyester yarn."