Global player in tyre, construction reinforcement and composite technologies, Kordsa marks its 50th year since its inception in 1973. With a presence in 7 countries, 13 manufacturing units, and over 4,000 employees across four continents, the company continues to expand in construction and composites while upholding its tyre reinforcement leadership.

The 50th-anniversary event, held at the Sakıp Sabancı Museum, saw the participation of Güler Sabancı, Chair of Sabancı Holding, along with esteemed executives. Employees and partners worldwide joined, celebrating Kordsa’s remarkable 50-year journey.

Speaking at the event, Güler Sabancı, Chair of Sabancı Holding, emphasized that Kordsa has always stood by its customers, regardless of time or place, throughout its 50-year journey. “Today, if Kordsa has become one of the world’s leading companies in advanced material technologies, the primary factor is the presence of our customers. What defines Kordsa are our incredibly strong, meticulous, excellence-driven, and technology-focused customers. It is this passion for excellence that has propelled Kordsa to its current success. As a result, Kordsa has transformed into a company that reinforces two out of every three aircraft tyres and one out of every three car tyres globally,” said Sabancı. 

Highlighting the rapid pace of change in the world, Güler added, “One thing, however, remains consistent for Kordsa: Our purpose of existence that keeps us together, the importance we place on teamwork and collective wisdom, our unwavering commitment to high quality and our customer-centric approach. This mindset unites hundreds of employees from Indonesia, Thailand, the United States, Brazil, and Italy into one team. Just as globalization cannot be explained solely through commercial relationships, being ‘global’ is not just about exporting. It’s about keeping a team together through all the time zone differences and cultural diversities, walking towards the same goal despite all the challenges. Kordsa is a global company because it has succeeded in doing just that.”

Güler Sabancı concluded her speech: “Kordsa’s vision is to become a ‘global advanced materials technology company.’ To set a technology-focused vision is, in fact, a commitment to continuous development. It’s about keeping pace with the spirit of the times and even going beyond it. It’s about involving your customers and stakeholders in this journey. The materials of the future will be a revolution, and Kordsa will surely be at the forefront of this revolution. The company will extend its 50 years of experience and knowledge in tyre reinforcement to composite technologies, construction reinforcement and new business areas. Kordsa will continue to reinforce life in different geographies and even in space. Just as stated in Sabancı Group Purpose; ‘We will unite Türkiye and the world’.”

Kordsa CEO İbrahim Özgür Yıldırım stated: “The materials of the future signify new horizons. As an industry leader, we are aware of our responsibility. At Kordsa, the ‘innovation engine’ will continue to operate at higher speeds. A corporation is as strong as its values. With our global footprint, innovation, and sustainability leadership, we will continue to create value for our customers.”

Emphasizing Kordsa’s role in advancing technology for the entire world through its tyre, construction reinforcement and composite technologies, İbrahim Özgür Yıldırım continued: “As of the end of 2022, we hold over 900 patents. We will continue our technology leadership guided by the light of knowledge and science. From the tyres of cars on the ground to the wings of planes in the sky and parachutes of spacecraft, just as we are present everywhere, we will also create the future by strengthening and reinforcing it with the materials of the future. 2023 marks the 50th anniversary of Kordsa and the 100th anniversary of our Republic... To ensure this journey continues with determination and strength, we will move forward with new visionary perspectives, new strategies, and new paths, but with the same determination to grow. To make life safer, more efficient, and easier, we will continue to reinforce.”

At the anniversary event’s outset, Professor Ben. M. Bensaou from INSEAD, an eminent figure in innovation, delivered invaluable insights on instilling innovation throughout organizations. His expertise shed light on crucial approaches for widespread innovation adoption.

Following Prof. Bensaou’s address, a riveting panel discussion, “Materials of the Future,” unfolded. Esteemed panellists, including Rainer Egner from Goodyear, Dr Mükerrem Çakmak from Purdue University, Dr Taylor Sparks from the University of Utah, and Adrian Williams from Future Materials Group, engaged in a dynamic conversation. The discussion delved into the emerging trends and trajectories in material technologies, heralded as a transformative force in the global economy.

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Apollo Tyres, one of the leading tyre makers in the country, has extended its strategic partnership with Manchester United Football Club, one of the world’s most iconic football teams, for an additional three years.

The partners stated that the renewal of the enduring partnership highlights a mutual commitment to excellence, innovation and shared values. This 12-year alliance has been instrumental in connecting both entities with millions of passionate fans globally, yielding highly engaging campaigns and delivering significant value, both in the realm of sport and business.

Since its inception, the partnership Apollo Tyres' stated has propelled its brand equity, leveraging Manchester United's unparalleled global visibility and deep emotional connection with its loyal fanbase. This association has not only bolstered Apollo Tyres' reputation and amplified consumer trust but also solidified its standing as a premier tyre manufacturer.

The renewal follows the recent visit of Manchester United's first-team players, Andre Onana, Diogo Dalot and Harry Maguire, to Mumbai. Their visit marked the official launch and commencement of activities for the fifth season of the ‘United We Play’ programme, providing an opportunity for direct engagement with fans in India.

Neeraj Kanwar, Vice Chairman and MD, Apollo Tyres, said, “We are thrilled to continue our association with Manchester United, a club that embodies passion, performance and global reach. Our partnership has been instrumental in amplifying our brand equity by aligning with a club that represents passion and perseverance. Together we will strive to create even more exciting experiences for fans, leverage new opportunities in digital and on-ground engagement, and strengthen our brand presence across key markets. We are also excited to expand our impact through a grassroots football initiative that aims to nurture young talent and promote access to the sport at the community level.”

Omar Berrada, CEO, Manchester United, added, “We are delighted to extend our successful partnership with Apollo Tyres, a valued and long-standing member of the Manchester United family. During our 12-year relationship, we’ve not only created impactful global campaigns but also delivered meaningful initiatives at the grassroots level, from youth development to sustainable infrastructure.”

“As we move into this next chapter, we look forward to continuing on our shared legacy -- driving further engagement with our fans around the world and creating lasting value both on and off the pitch,” added Berrada.

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Nokian Tyres plc has been awarded the prestigious Key Flag symbol by the Association for Finnish Work for its flagship Hakkapeliitta winter tyres and Hakka summer tyres.

The Key Flag, a nationally recognised emblem, is granted to products manufactured or services produced in Finland that contain a minimum of 50% domestic content based on break-even cost.

“We are proud of our Finnish heritage and our northern knowhow which is represented in our premium Nokian Tyres Hakkapeliitta and Nokian Tyres Hakka products,” said Ville Nikkola, Head of Sales, Finland at Nokian Tyres. “The Key Flag symbol is a sign of Finnish work and very well known among consumers. We are extremely happy to be able to present it next to our tyres manufactured in Finland for Nordic drivers.”

The Hakkapeliitta winter tyres and Hakka summer tyres are both developed and produced at Nokian Tyres’ factory in Nokia, Finland. The company’s global research and development centre is also located at the site, and both products undergo rigorous testing in Finland, including winter trials at the Ivalo test facility in Lapland.

This recognition is the latest in a series of Finnish quality accolades for the company. Nokian Tyres has previously received the Key Flag for its heavy machinery tyres, wheels, and retreading materials. Additionally, its truck and bus tyres carry the Design from Finland label, underlining their Finnish design pedigree.

Founded in 1898, Nokian Tyres began manufacturing tyres in 1932. The company introduced the world’s first winter tyre in 1934, followed by the first Hakkapeliitta-branded passenger car winter tyre in 1936. Since then, the brand has become a hallmark of Nordic winter driving.

“The Nokian Tyres Hakkapeliitta winter tyres, as well as the Nokian Tyres Hakka summer tyres,, are designed to withstand the challenges of their northern home: the harsh winters with ice and snow as well as the summer months from the first sub-zero mornings of the spring to the heavy rainfalls of autumn,” Nikkola added.

Nokian Tyres emphasised that both product lines are still made in the same factory in Nokia as their early predecessors. Over the decades, the plant has been modernised and now runs on electricity sourced entirely from CO2-free sources. Most of the steam used in the facility also comes from CO2-free fuels. Since 2015, the factory has sent no waste from tyre production to landfill.

The company has further strengthened its sustainability credentials by obtaining the International Sustainability and Carbon Certification (ISCC) PLUS for the Nokia passenger car tyre plant. The certification enables the integration of sustainable raw materials into tyre production at the facility.

“The Nokian Tyres Hakkapeliitta winter tyres are already a legend of Nordic winter roads and are, just like the Nokian Tyres Hakka summer tyres, still made within the same factory walls in Nokia as their predecessors in the 1930s,” Nikkola concluded.

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Hankook Tire is gearing up to electrify the 2024/2025 ABB FIA Formula E World Championship as the series returns to Jakarta on 21 June for Round 12 of Season 11.

After a one-year absence, the Jakarta International E-Prix Circuit (JIEC) will once again host the high-speed spectacle, set against the vibrant backdrop of Ancol’s shoreline. The 2.37-km track, celebrated since its debut in Season 8, blends high-speed straights, sweeping turns and a technical final section – inspired by the rhythmic flow of Java’s traditional Kuda Lumping dance. The challenging layout, combined with Jakarta’s intense tropical heat, will test drivers’ skill, endurance and tyre strategy to the limit. Powering every team will be Hankook’s GEN3 Evo iON Race tyre, purpose-built for Formula E’s cutting-edge electric race cars. Its advanced tread design and specialised rubber compound ensure superior grip, stability and heat resistance – key to handling Jakarta’s demanding conditions.

Sustainability remains a core focus, with the tyre incorporating 35 percent eco-friendly materials, including natural rubber and recycled fibres. Designed for extended durability, each tyre is fully recovered post-race and processed through Hankook’s recycling programme, reinforcing the brand’s commitment to reducing motorsport’s environmental footprint while pushing the boundaries of electric racing performance.

Maximilian Günther, the DS Penske driver and winner of 2023 Gulavit Jakarta E-Prix (Race 10), and most recently, the 2025 Jeddah E-Prix (Race 3) and 2025 Hankook Shanghai E-Prix (Race 10), said, “Jakarta delivers a unique blend of technical complexity and extreme climate. It’s a true proving ground for drivers and tire management. The enhanced grip of the GEN3 Evo iON Race tyre allows us to push harder through technical sectors without sacrificing traction. We’ve already observed gains during simulator sessions, and we’re optimistic about translating that into on-track performance.”

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The Yokohama Rubber Co., Ltd. has signed a Mizuho Eco Finance (Mizuho Environmentally Conscious Finance) loan agreement with Mizuho Bank, Ltd. on 17 June, reinforcing the company’s dedication to sustainable growth and decarbonisation.

This environmentally conscious financing programme supports companies transitioning to a decarbonised society by evaluating their climate-related initiatives and disclosures. Yokohama Rubber qualified for the loan after achieving high scores in Mizuho Bank’s environmental assessment, which examines corporate efforts in emissions transparency, greenhouse gas reduction and long-term sustainability goals.

The company has committed to reducing CO₂ emissions by 40 percent by 2030 (compared to 2019 levels) and achieving carbon neutrality by 2050. These targets, along with Yokohama Rubber’s focus on emissions reduction across its supply chain, contributed to its strong evaluation. Under its sustainability slogan, ‘Caring for the Future’, the company integrates social responsibility into its business strategy, aiming to create shared value by addressing global environmental challenges.

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