Chinese steel cord and bead wire producer Shandong Daye Co. Ltd. has signed a land transfer agreement to build a manufacturing plant in northern Morocco, the company said, as it expands production outside China to serve global tire makers, “Tyre Press” reported Friday.
The project will be built in Mohammed VI Tangier Science and Technology City, a Chinese-Moroccan industrial complex near Tangier. Daye plans to complete the first phase by the end of 2026. Large-scale supply will start in mid-2027. The plant will target an annual output of 100,000 metric tons of steel cord, according to a company update.
Daye produces steel cord and bead wire used in tire manufacturing for passenger vehicles, trucks, and industrial uses. The Morocco site will anchor the company’s push closer to European and African markets, where automakers and tire groups continue to localize supply chains.
Morocco has positioned Tangier as a manufacturing hub tied to its Tanger Med port, one of Africa’s largest logistics platforms. The area already hosts automotive, aerospace, and advanced materials producers. Moroccan officials are promoting the science and technology city as a gateway for Chinese firms seeking regional access.
The land agreement clears a key regulatory step for Daye’s investment. Construction planning will move forward next. The company has not disclosed the total investment value or the number of jobs tied to the first phase.
Rephrase in a different way as if you were a native American speaker as a content creation expert and do not talk about yourself or your experience in the text and do not show yourself as an artificial intelligence who wrote and fill the bullet point in the topic and speak the heart of the topic itself and dont take date of blog in ther first and dont take text like box of newsliter subscribe on post from content and romove all linke insert in content and and remove all affiliate disclosure phrases on content like this “This post may contain Amazon or other affiliate links that allow us to earn a small commission at no extra cost to you. Please see our Disclosure Policy for more info” and “#” put in its place bullet point, and romove name of the web site or his links we are take a content from our new creation
