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CITIC Dicastal inaugurates aluminum wheel factory in Kenitra, Morocco · Endata

◂ Announcements

Automotive Componentsworld trade 2024+2.2% 5Y CAGR

Jun 26, 2019NEW FACILITYKenitra, Morocco, Morocco

CITIC Dicastal inaugurates aluminum wheel factory in Kenitra, Morocco

CITIC Dicastal Co., Ltd. inaugurated its first factory in Morocco's Kenitra, an aluminum wheel production unit with an annual capacity of 6 million units, requiring an investment of 350 million euros.

Value

$398.0M (350.0M EUR)

Starts operating

26 Jun 2019

Status

Completed

Capacity

6 million units per year

Productsaluminum wheels

CompaniesCITIC Dicastal

Sectors#Automotive Components

“The CITIC Dicastal Co., Ltd., Chinese manufacturer of aluminum auto parts, inaugurated its first factory in Morocco's Kenitra on Wednesday.”xinhuanet.com

1 source
xinhuanet.comChinese auto part manufacturer inaugurates first factory in Morocco - Xinhua | English.news.cnJun 27, 2019

Summarized from public sources; check the original articles before acting on it.

More from CITIC Dicastal

Nov 25, 2019NEW FACILITYKenitra, Morocco, Morocco$385.0M1,200 jobsops 25 Nov 2019
Citic Dicastal opens second aluminum wheel plant in Kenitra, Morocco
CITIC Dicastal moroccoworldnews.com
Mar 28, 2019ACQUISITIONChina
UACJ forms joint venture with CITIC Bohai Aluminum and CITIC Dicastal
CITIC Dicastal partner UACJ partner marketscreener.com
Mar 25, 2019PARTNERSHIPChina
UACJ forms business alliance with CITIC subsidiaries for automotive aluminum parts
CITIC Dicastal partner UACJ partner uacj.co.jp
Jul 26, 2018NEW FACILITYKenitra and Tangier, Morocco$410.0M1,200 jobsops 2019
Citic Dicastal to build two aluminum wheel factories in Morocco
CITIC Dicastal investing.com xinhuanet.com
Nov 5, 2016NEW FACILITYHunan province, China$720.0M
CITIC Dicastal breaks ground on aluminum wheel plant in Hunan
CITIC Dicastal news.metal.com

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