Dow, Aksa of Turkey in Talks to Form Carbon Fiber Joint Venture
Dow Chemical Co. (DOW), the largest U.S. chemicals manufacturer, and Aksa Akrilik Kimya Sanayii (AKSA) AS, a Turkish maker of synthetic acrylic fibers, are in talks to form a joint venture to make carbon fiber and derivatives, the companies said.Dow and Istanbul-based Aksa signed an accord to “examine opportunities to develop and market a broad range of products and technical service offerings in the carbon fiber-based composites industry,” the companies said today in a statement.
The manufacturers will work on products aimed at “increasing the energy capture of wind turbines, improving the fuel economy of automobiles, and extending the life of roads and buildings,” Andrew Liveris, chairman and chief executive officer of Midland, Michigan-based Dow, said in the statement.
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Mehmet Oz becomes the eighth Turk to grace the cover of one of the world's most prestigious magazines, Time. The Turkish health guru known as Dr. Oz, who gained fame as the host for on a show on the American TV channel Fox, has become the eighth Turk to grace the cover of one of the world's most prestigious magazines, Time.
Following his visit to the United States to develop economic relations between Turkey and the U.S., the chairman of the Union of Chambers and Commodity Exchanges of Turkey, or TOBB, said he received extremely positive signals from his meetings despite the current picture of weak trade ties.
Istanbul, which ranked seventh in world congress tourism last year and sixth in Europe, has become an international convention destination, according to Murat Yalçıntaş, chairman of the Istanbul Chamber of Commerce, or ICOC. "By strengthening its position among the top 10 cities in world convention tourism, Istanbul should target to enter the top five in the next five years," said Yalçıntaş, who has also been the chairman of the Istanbul Convention and Visitors Bureau, or ICVB, since March 2006.






