Sentury redirects funds to Morocco factory from Spain plant project

Chinese tyre manufacturer Sentury Tire appears to have abandoned its plans to build a major tyre factory in Spain, redirecting its planned three-digit-million-euro investment there to expand its existing facility in Tangier, Morocco, according to various Arabic language news sources including Al-Oumk. The decision, which was reportedly driven by administrative and environmental permit issues in Spain, is expected to boost the Tangier plant’s production capacity to 12 million tyres annually.
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