Message from the CEO
Today, we are moving forward with the vision of becoming a leading brand in advanced material technologies in a wide geography from America to Asia Pacific. Through our investments and innovations, we develop and produce advanced materials in a wide range from tire reinforcement to aerospace and aviation industries. Our biggest goal is to create a sustainable world for future generations while making life safer, easier and more efficient.
In this journey, “we are inspired to reinforce life”, and the biggest strength is our Reinforcers working enthusiastically at 12 facilities in 5 countries across 4 continents. With the harmony provided by this cultural diversity, we are more dynamic, more inclusive and more productive. We have determined our sustainability goals and focus areas until 2050 in accordance with the UN's Sustainable Development Goals to reach to full potential of the organization. For the upcoming period, in every step we take, our focus will be “Industry, Innovation and Infrastructure; Responsible Production and Consumption; Decent Work and Economic Growth; Gender Equality and Quality Education”. Inspired from life, we will expand our competencies and reach in order to reinforce more areas of life.
On our journey, we have acquired Fabric Development, Textile Products, Advanced Honeycomb Technologies and Axiom Materials to support our organic growth in composite technologies with inorganic growth in the last 3 years. Thus, we have completed our advanced composite intermediate product portfolio; become a strong player in the commercial aviation supply chain and one of the few authorized manufacturers in the world of the high temperature resistant Oxide-Oxide ceramic prepreg market used in aircraft engines. We contribute to the lightening of vehicles and the transition to sustainable transportation with our carbon fiber fabrics, which are used in the production of EV battery enclosures. With the special fabric we produce, we are reinforcing NASA's Orion spacecraft built to take humans farther than they've ever gone before.
We are on the edge to transform the industry with the free licensing model we launched for our eco-friendly adhesive technology, Cokoon, which can replace nearly a century-old formula in tire reinforcement technologies. The first 250,000 tires using this technology were produced and are now on the roads across the World. We have completed commercialization for another significant sustainable product for the tire industry and have started to use recycled nylon yarns in our tire reinforcement technologies. This technological product reducing our carbon footprint, will also contribute to the journey of tire brands to reach their sustainability goals.
In construction reinforcement technologies, our KraTos products are the first to receive domestic fiberized and domestic goods certificates in Turkey. In addition to the Turkish market, we are becoming an active player in the Brazilian market. We are accelerating our work in the US and Indonesian markets. In addition to our innovative KraTos macro and micro synthetic fiber reinforcements, we have included into our product range KraTos Rebound Minimizer, the shotcrete additive that reduces rebound in tunneling and mining applications, and KraTos Pool Fiber, which is used in pool plastering applications. Our R&D studies continue to add new products on structural reinforcement and insulation to our portfolio.
In addition to our existing business lines, we continue to invest in new business lines. In our “Thin Films and Flexible Electronics” R&D platform, which we have created in partnership with Sabancı University, we continue our research in the field of thin films and flexible electronics, which are increasingly being used. In this context, we are working to develop a new generation of flexible wearable health sensors.
In our transformation journey into the digital factory of the future, we apply cyber security solutions at the highest level; use integrated advanced data analytics methods with our production, quality and supply chain systems; and generate value for the future from our data. Thus, we provide transparent and traceable processes to all our internal and external stakeholders and make their lives easier by equipping them with the latest digital technology competencies.
Inspired from life, we will continue to develop innovative products and technologies, add value to all our stakeholders, and work to create a sustainable future while reinforcing life, with the investments and collaborations we make in all geographies where we operate.