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The Tree Crops Development Authority (TCDA) has announced a significant new directive aimed at regulating the export of unprocessed tree crops. Effective May 2, 2025, all exporters of unprocessed rubber, cashew, and shea must obtain a valid written permit from the TCDA before undertaking any export activities.

Cellasto® is investing roughly €60 million to establish a second plant in Shanghai, China. This production expansion aims to capitalize on China’s booming electric vehicle market. The new facility will feature advanced mold lines, resulting in a capacity increase of nearly 70%, with operations expected to start in 2027. A commencement ceremony was held on April 14th to celebrate this expansion.

H.B. Fuller Company announced that its Board of Directors approved an increase in the Company’s regular quarterly cash dividend from $0.2225 per share of common stock to $0.2350 per share of common stock, payable on May 13, 2025 to shareholders of record at the close of business on April 29, 2025.
This represents a 5.6% increase over the prior quarterly dividend and marks the 56th consecutive year in which the Company has increased its dividend.

TBC Corporation announced the appointment of Chris Young as Chief Technology Officer. In this role, Young will report directly to TBC President & CEO Don Byrd.

rior to joining TBC, Young most recently served as Chief Information Officer and Vice President of FedEx Freight IT Solutions where he successfully modernized the company’s technology infrastructure. At FedEx Freight, he also implemented technology solutions that enhanced operational efficiencies and generated significant revenue growth. Young has also held leadership roles at Old Dominion Freight Line, Columbia Forest Products and United Guaranty Corporation.

Hankook will supply its all-season electric vehicle tire, the iON evo AS SUV, specially engineered for electric vehicles. These tires boast high energy efficiency, optimized grip, and reduced rolling resistance, enhancing the Ioniq 9’s performance and range. Additionally, the tires are designed to minimize noise, ensuring a quieter driving experience that aligns with the luxury and eco-conscious nature of the Ioniq 9.

High-end light solutions and their contribution to better safety and improved driver experience will be at the forefront of Continental’s presentation at Auto Shanghai from April 23 to May 2, 2025, in China. The technology company will showcase its full range of scalable automotive light solutions, from low-cost options like the Headlamp Control Module (HCM) Air control unit to high-performant software functions like automatic leveling of the low-beam mode, to unique premium solutions like the new near-field projection based on laser beam scanning (LBS).