The information about the partnership with Ak Asset Management and member of our association Spinteks Tekstil İnsaat San.and Tic.A.Ş.is as follows:
“Ak PE Fund I has invested into Spinteks Tekstil İnsaat Sanayi ve Ticaret A.Ş., the leading carbon fabric producer in Denizli, Turkey with 25% stake on Dec 20, 2018.
Spinteks produces carbon, bazalt or mixed technical fabrics that are utilized in high technology composite products in composites, aviation, automotive, health and construction industries. As the largest local carbon fabric weaver in Turkey, the Company generates nearly half of its revenues from export sales.
Carbon fabric, the future technology to replace conventional metal usage, can achieve lighter, more durable parts with conductivity and better corrosion characteristics.”
Plast Eurasia Istanbul 2018, 28th International Istanbul Plastics Industry Fair, organized by TUYAP in cooperation with PAGEV (Turkish Plastics Industry Foundation), brought together 1,094 companies and company representatives from 44 countries and 51,684 professional visitors from 103 countries on the 5th-8th of December in Tüyap Fair Convention and Congress Center, Istanbul.
Plastics machinery, chemicals & raw materials, machinery & auxiliary industry, heat & control equipment, mould, hyrdraulic & pneumatic, recycling, professional publications and other systems were exhibited in 10 halls where national pavilions took place from China, India, Iran and Taiwan.
Plast Eurasia İstanbul 2018 Fair hosted procurement committees from Azerbaijan, Bahrain, Belarus, Bosnia and Herzegovina, Bulgaria, Algeria, Morocco, Palestine, South Korea, Georgia, India, Iraq, Iran, Israel, Italy, Canada, Qatar, Kosovo, Libya, Lebanon, Macedonia, Egypt, Moldova, Uzbekistan, Poland, Romania, Russia, Serbia, Saudi Arabia, Tajikistan, Tunisia, Ukraine, Jordan and Greece in support of Republic of Turkey Ministry of Trade and Tuyap Overseas offices. Thanks to intensive marketing activities abroad, 7.974 international visitors visited the fair with a 17% increase compared to last year.
In coordination with Republic of Turkey Ministry of Trade and with organization of IMMIB (Istanbul Minerals and Metals Exporters Association) the participating companies made B2B meetings with the representatives of the visiting companies from Bulgaria, Uzbekistan, Kosovo, Tunisia and Jordan. Thanks to the MyTuyap Matchmaking System, visitors had the opportunity to have B2B meetings with the participants without wasting any time during the fair by sending meeting requests to the participating companies before the fair.
According to the results of the survey conducted during the fair, 90% of the participants stated that they were satisfied with the fair and 95% said they would participate in the fair next year. According to the online visitor surveys conducted after the fair, 91% of the visitors said they were satisfied with the fair and 93% said they would visit the fair again next year.
Plast Eurasia Istanbul 2019, 29th International Istanbul Plastics Industry Fair will be held by TUYAP in cooperation with PAGEV on December 4 – 7, 2019 in Tüyap Fair Convention and Congress Center, Istanbul.
With the coordination of Consulate General of the Netherlands in Istanbul and Holland Innovation Group along with Turkish Composite Manufacturer’s Association and Aerospace Cluster Association of Turkey (ACA – HUKD), a Turkish Team with delegates from TAI, Kordsa, Dow Aksa, Ases Aviation, Ozyegin University and ACA – HUKD have visited Holland between dates Nov. 21st till 23rd, 2018 and had meetings in several research Institutions, application centers and universities to gain information on High Value Composites and Thermoplastic Technologies as well as having B2B meetings with the Dutch counterparts in creating a valuable network for further collaboration.
The mission was a follow up to the successful joint seminar that took place on May 14th, 2018 at the Istanbul Consulate, to further learn the capabilities of Dutch Institutions in the filed of Composites and especially Thermoplastics for high value added applications such as automotive and aerospace industries.
In this respect, it was a great experience to visit TRPC /TPAC and NLR facilities as well as attending the “8th International Symposium on Composite Manufacturing for High Performance Applications” at the NLR facilities, Marknesse.
Visit to TU Delft was also a great learning experience where the team visited state of the art laboratories. also the teams held a successful B2B session, meeting valuable Dutch Companies working in the field of Composites and its various applications. NAG (Netherlands Aerospace Group), a member of the European Aerospace Cluster Partnership (EACP) was also present in the meetings where teams discussed collaboration on EU based projects like Cleansky 2.
Finally the last visit was to Ypenburg Technology Park where some of the team members also had a chance to visit the Digital Factory for Composites (DFC) as well as visiting two major companies working of high value added applications.
Based on the outcome of the successful visits and meetings, it seems like there are several opportunities where the Turkish Companies and Institutions may mutually work on with their Dutch counterparts in the near future.
As a follow up to this mission, in support of the ongoing “Composite Technologies Road Map” study, related parties have discussed organizing workshops / seminars in the coming months to increase the awareness on High Added Value Applications of Composites and Thermoplastics.
The METYX Hungary factory, located in Kaposvár, has recently expanded its warehousing facilities, adding an additional 3,024 sq. m (32,550 sq. ft) of fully enclosed storage space for composite technical fabrics, packaging and FRP tooling. The extended warehouse has two dedicated areas.
One section has racking for up to 1,300 tonnes of additional METYX technical fabrics stock, including E-glass, carbon and hybrid multiaxial and woven reinforcements. The other section of the new warehouse has been equipped to store and handle large-scale FRP master plugs, molds and components produced by the METYX Group, typically for wind energy, marine, building and transportation customers in the EU, providing consolidated deliveries of reinforcements, cores, kits, vacuum consumables, tooling and composite components ordered.
This latest expansion is part of the METYX Group’s five year growth plan for the Kaposvár site, announced back in February of this year, when the company secured a multimillion Euro 50% matched funded incentive package from the Hungarian Government’s Investment Promotion Agency (HIPA). Mr. Uğur Üstünel, Co-Director of METYX Group stated: “We are very pleased to be on track with the next expansion phase of our operations in Kaposvár, meeting our commitments to the Hungarian government. Expanding the warehousing space before adding further production capacity in METYX Hungary was essential to ensure that we can continue to provide a high quality logistics and delivery service to our growing customer base across Europe.”
METYX Hungary currently employs 199 people with six NCF (non-crimp fabric) production lines for both glass and carbon reinforcement fabrics. Over the next five years, the combined METYX Group and HIPA investment funds will be used to further extend the production facilities and infrastructure of the Kaposvár site. Future investment plans include increasing production capacity for producing glass and carbon fiber textiles, adding new NCF and weaving machines, as well as expanding the core kitting and component manufacture services from Hungary. The technical fabrics and kits manufactured by METYX Hungary are aimed at producers of composite parts used in major industrial market sectors including: building and construction, boatbuilding, automotive, transportation and wind energy; the ISO 9001 accredited Kaposvár site has completed intensive supply chain qualification programs with key wind turbine manufacturers.
METYX Group is a manufacturer of high-performance technical textiles including: multiaxial reinforcements, carbon reinforcements, RTM reinforcements, woven reinforcements, and vacuum bagging products. To complement its product portfolio, METYX also offers extensive consulting services and technical training, as well as composite tool making, component manufacture and kitting services for cores, fabric and vacuum consumables.
METYX has an extensive distributor network throughout the World.
Turkish Aerospace and Airbus sign cooperation and research agreement to develop novel aircraft structures
The agreement was signed by Turkish Aerospace President/CEO Prof. Dr. Temel Kotil and Airbus Head of Europe, Caucasus and Central Asia Strategy and International Dr. Marco Miklis in a ceremony at the Istanbul Airshow 2018.
Underlining that the agreement is important in expanding and developing the technology and innovation research partnership between Airbus and Turkish Aerospace Industry, the President and CEO of the Turkish Aerospace Industry Prof. Dr. Temel Kotil said:
“Between our technological partnerships in Turkey, we provide a new and significant contribution. The agreement we have made with Airbus, one of the world’s leading companies, for future commercial aircraft technologies shows that our company is progressively advancing in its technological leaps.”
Airbus Head of Europe, Caucasus and Central Asia Strategy and International Dr. Marco Miklis said:
“We are delighted to have a new level of collaboration with the Turkish Aerospace Industries. We consider the value that Turkish aviation adds to world aviation. As Airbus, we want to contribute together with Turkish Aerospace Industries.”
Kordsa Acquires Fabric Development Inc and Textile Products Inc in the US
Reinforcement technologies’ leader Kordsa, after expanding its lines of business to composite technologies in 2016, acquired Fabric Development Inc (FDI) and Textile Products Inc. (TPI),which provide advanced composite materials to the commercial aviation industry, with an investment of approximately USD 100 million. With these acquisitions Kordsa aims to follow the same path that led to leadership in tire reinforcement technologies to build a 2nd Kordsa in composite technologies as well.
Kordsa continues its organic growth with R&D and technology investments while seeking for inorganic growth opportunities in composite business globally. Recently, Kordsa announced the acquisition of Fabric Development Inc. (FDI) and Textile Products Inc. (TPI), which provide advanced composite materials to the commercial aviation industry, with an investment of USD 100 million. Kordsa sees this opportunity as a very important step towards reinforcing its composite market position in the US as well as becoming a strong player in the growing aviation industry supply chain.
Kordsa CEO Ali Çalışkan said: “Primarily producing only tire reinforcement technologies, as Kordsa, we used to reinforce every one out of three automobile tires and every two out of three aircraft tires. Over the years, we leveraged our expertise in tire reinforcement technologies into construction reinforcement and composite technologies and expanded our lines of business. As Kordsa, we touch every corner of daily life and reinforce life. In parallel to our strategic decision to focus in composite technologies, we inaugurated Composite Technologies Center of Excellence, which operates as an innovation hub combining industry and university under the same roof as well as is home to basic research, design R&D and production in 2016. Our business journey today is brought to a new level with this brand-new investment which will lead us to become a global player in the field of commercial aviation having an important presence in the commercial aviation value chain. This new step will ensure us to be a strategic supplier of key players in aerospace and civil aviation, particularly Boeing and Toray Composites Materials America Inc. With this acquisition, we also aim to strengthen our strong global leadership in reinforcement technologies. We used to reinforce the tires of the aircrafts, now we are honored to say that we will also reinforce the wings and hulls of the aircrafts with our composite technologies, as well as the landing tracks of those aircrafts with our construction reinforcement technologies. Kordsa, now operating in 10 facilities throughout 4 continents, will continue to reinforce life and take firm steps forward.”
Kordsa is the global player of tire, construction reinforcement and composites technologies market. As the worldwide leader of the tire reinforcement technologies market, it carries out production through a vast area from USA to Asia Pacific and supplies its reinforcement technologies to the whole world. With its business processes all based on R&D and innovation, Kordsa has 715 patent applications world-wide.
The announcement by Koloğlu Group, the member of our Association, about thepartnership of “Hengshi Fiberglass and Koloğlu Group”, leading to a decision for investment in Turkey for manufacturing fibers for the composites industry, is provided below.
WE WOULD LIKE TO ANNOUNCE TO THE PUBLIC OUR DECISION TO INVEST IN TURKEY FOR MANUFACTURING OF FABRIC FOR THE COMPOSITES INDUSTRY, THROUGH A PARTNERSHIP BETWEEN “HENGSHI FIBERGLASS and KOLOĞLU GROUP”.
As the leading supplier for wind power producers worldwide, China Hengshi Foundation Co. Ltd. is delighted to announce the commencement of work for the opening up of our third manufacturing plant worldwide in Izmir, in partnership with Koloğlu Group, following our existing plants in the People’s Republic of China and Egypt. The progress and potential Turkey exhibits in the composites industry, with special reference to wind power, automotive, defense industry and marine applications, were the leading factors guiding us towards the investment decision. Soon, we will be providing you further details about all the products and services we will offer for the composites industry. We hope this will be beneficial for Turkish composites industry in general, and our firm in particular.