Original disclosure @ IFC website
Updated in EWS Aug 8, 2022
Disclosed by Bank Apr 1, 2022
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According to the Bank's website, the project provides funding to Kordsa Teknik Tekstil to finance (i) company'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.
Kordsa Teknik Tekstil A.S. 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.
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PROJECT CONTACT INFORMATION
Kordsa Teknik Tekstil A.S.
Mrs. Emel Gulap Tutuncu
+90 262 316 7930
Alikahya Fatih Mah. Sanayici Cad. No: 90 41310 Izmit / Kocaeli / Turkey
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