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May 19, 2011

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1st tire plant

GERMANY'S Continental has launched its first tire plant in China to tap growing demand.

The 185-million-euro (US$262 million) plant in Hefei, Anhui Province, is capable of producing 4 million tires a year. The plant's capacity can be expanded to 16 million tires a year later with further investments, the company said.

 

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