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US Customs clears solar cell shipments from TOYO's Ethiopia facility after supply chain review

Market News
29 Oct 2026, 15:30 WIB
PRNewsWire
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Bullish
US Customs clears solar cell shipments from TOYO's Ethiopia facility after supply chain review

TOYO Co., Ltd., a solar manufacturer, announced that US Customs and Border Protection (CBP) has released its solar cell shipments produced in Ethiopia after reviewing the company's supply chain documentation. TOYO provided full traceability for materials like polysilicon and wafers, cooperating fully with CBP. The company is enhancing its US import compliance and pursuing certification under CBP's CTPAT program to support its US manufacturing in Texas. This clearance boosts confidence in TOYO's transparent and compliant supply chain as it expands its solar production globally.

TOYO's recent clearance by U.S. Customs and Border Protection comes as a backdrop to the Basic Materials sector's market activity on Pluang. For readers following this sector, here is Pluang's market snapshot as of Oct 29, 2026 18:41 WIB: out of 83 priced US stocks, 21 rose and 58 fell. Notable movers include AYA at USD 24.50 with a 3.12% decline and a typical hold time of 10 days, EXK at USD 7.73 with 91% sell order activity, and KGC at USD 22.32 with 60% buy order activity and a typical hold time of 54 days.

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