Kordsa acquires Italian carbon fibre specialist

Receive our weekly Newsletter and set tailored daily news alerts.

Reinforcing operational capabilities and supply chain efficiency. Shredded Carbon Fiber

Kordsa acquires Italian carbon fibre specialist

Innovation in Textiles  |  Pistoia, Italy

Kordsa has acquired majority shares in Microtex Composites, headquartered in Pistoia, Italy, a specialist in woven carbon fibre and prepregs mainly for luxury automotive and motorsports in Europe.

“Since entering the composite technologies business in 2012, mobility has been one of the focus areas we have been working on,” said Kordsa CEO Ä°brahim Yıldırım. “With this new investment, we are expanding our product lines while aiming to reduce our emissions and strengthen our position as a leading global supplier of advanced materials. Our acquisition of Microtex will reinforce our operational capabilities and our role in the supply chain.”

As the global leader in tyre reinforcement, Kordsa is a member of the UN Global Compact and aligns its business strategy with limiting global warming to well below 1.5°C compared to pre-industrial revolution levels. As such, it invests in products that contribute to the reduction of fuel consumption by vehicle lightweightning with both tyre reinforcement and composite technologies.

“This partnership will strengthen Microtex Composites and solidify our dynamism internationally,” said Massimo Becagli, managing director of Microtex.

Kordsa acquires two businesses in US

Kordsa recognised for sustainability performance

Business intelligence for the fibre, textiles and apparel industries: technologies, innovations, markets, investments, trade policy, sourcing, strategy...

This week's key stories, direct to your inbox. Be the first to know.

Kordsa acquires Italian carbon fibre specialist

Fiberglass Tissue Mat © Copyright Innovation in Textiles. Innovation in Textiles is an online publication of Inside Textiles Ltd. PO Box 271, Nantwich, CW5 9BT United Kingdom Registered in England No 04687617