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President Recep Tayyip Erdogan said he welcomes the agreement reached between Washington and Tehran as an important development for regional stability, urging all parties to refrain from rhetoric and actions that could escalate tensions until the official signing ceremony scheduled for June 19 in Switzerland.Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.Hakan Fidan held talks with Bangladeshi Prime Minister Tarique Rahman in Dhaka on Saturday, with Turkish diplomatic sources confirming the high-level meeting as the fourth stop on the foreign minister's ongoing tour of Asia-Pacific nations that began at the start of June.Hakan Fidan was welcomed by his counterpart Sugiono in Jakarta on Wednesday, with the two sides set to discuss expanding bilateral cooperation, boosting trade and defense ties, and addressing regional security challenges during the Turkish minister's Asia-Pacific tour.Türkiye's Foreign Minister Hakan Fidan met with Singaporean Prime Minister Lawrence Wong on June 2 to discuss strengthening bilateral ties and regional cooperation, with both sides emphasizing the importance of enhanced partnership between Ankara and the Southeast Asian city-state, according to diplomatic sources.

President Recep Tayyip Erdogan said he welcomes the agreement reached between Washington and Tehran as an important development for regional stability, urging all parties to refrain from rhetoric and actions that could escalate tensions until the official signing ceremony scheduled for June 19 in Switzerland.Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.Hakan Fidan held talks with Bangladeshi Prime Minister Tarique Rahman in Dhaka on Saturday, with Turkish diplomatic sources confirming the high-level meeting as the fourth stop on the foreign minister's ongoing tour of Asia-Pacific nations that began at the start of June.Hakan Fidan was welcomed by his counterpart Sugiono in Jakarta on Wednesday, with the two sides set to discuss expanding bilateral cooperation, boosting trade and defense ties, and addressing regional security challenges during the Turkish minister's Asia-Pacific tour.Türkiye's Foreign Minister Hakan Fidan met with Singaporean Prime Minister Lawrence Wong on June 2 to discuss strengthening bilateral ties and regional cooperation, with both sides emphasizing the importance of enhanced partnership between Ankara and the Southeast Asian city-state, according to diplomatic sources.

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Turkish company buys US-based composite producer

13:35, 24/07/2019, WednesdayU: Update: 13:36, 24/07/2019, Wednesday

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Turkish company buys US-based composite producer

Turkish company buys US-based composite producer

Sabanci Holding's subsidiary buys Axiom Materials for $181M

Turkish tire and construction reinforcement Kordsa has bought the U.S.-based composite material producer Axiom Materials for $181 million.

Kordsa -- a subsidiary of Turkey’s leading conglomerate Sabanci Holding -- said in a press release on Wednesday that the latest move raised its potential for creating new products.

Previously, Kordsa bought another three U.S. companies -- Fabric Development, Textile Products and Advanced Honeycomb Technologies -- over the last two years.

Ali Caliskan, the CEO of Kordsa, said the company will start to reinforce planes’ engines after their tires, wings and bodies thanks to Axiom Materials' technology.

Titles :Axiom Materials Kordsa Sabanci subsidiary tire and construction reinforcement

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