| 2023 | July | Start-Up of commercial production in Segamat (for approximately 45,000m³ per annum of palm wood panels). |
| 2022 | March | Commencement of construction at the Segamat site. |
| 2022 | February | Planning Permission (Kebenaran Merancang), granted by the Majlis Perbandaran Segamat. |
| 2021 | August | Contracts and Agreements signed with European and Malaysian Machinery Suppliers. |
| 2020 | July | Project planning for the first palm wood manufacturing plant (20-acre) in Segamat, Johor. |
| 2020 | June | Changed name to “IOI Palm Wood Sdn Bhd” on 11 June 2020 as a result of a joint venture between Mr Hans Peter Fitch and IOI Corporation Berhad. |
| 1978 | September | Incorporated as "Palmco Plantations Sendirian Berhad" on 21 September 1978 (Shell Company). |