Kordsa Global
Sector: Automotive • Location: Turkiye
Source: International Finance Corporation (IFC)
Kordsa Teknik Tekstil A.S. (“Kordsa Turkey”) and its subsidiaries (together with Kordsa Turkey, “Kordsa”) is a leading Turkish group involved in the production of industrial nylon & polyester yarn, tire cord fabric and single end cord in addition to composite and construction reinforcement materials. The proposed IFC investment is up to US$110 million to fund (i) Kordsa’s investment program that w
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Kordsa Teknik Tekstil A.S. (“Kordsa Turkey”) and its subsidiaries (together with Kordsa Turkey, “Kordsa”) is a leading Turkish group involved in the production of industrial nylon & polyester yarn, tire cord fabric and single end cord in addition to composite and construction reinforcement materials. The proposed IFC investment is up to US$110 million to fund (i) Kordsa’s investment program that will be undertaken in emerging markets between 2022 and 2025 to scale up research and development activities, acquire technology, improve operational efficiency and grow product capabilities in high margin products and (ii) increased permanent working capital need (the “Project”). Up to 25% of the proposed IFC investment will be utilized by Kordsa Inc., a wholly owned subsidiary of Kordsa Turkey in the US, for technology acquisitions. This component will benefit Kordsa’s operations in various emerging markets, such as Turkey, Brazil, Indonesia and Thailand. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |