2023JulyStart-Up of commercial production in Segamat (for approximately 45,000m³ per annum of palm wood panels). 
2022MarchCommencement of construction at the Segamat site.
2022FebruaryPlanning Permission (Kebenaran Merancang), granted by the Majlis Perbandaran Segamat.
2021AugustContracts and Agreements signed with European and Malaysian Machinery Suppliers.
2020JulyProject planning for the first palm wood manufacturing plant (20-acre) in Segamat, Johor.
2020JuneChanged 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.
1978SeptemberIncorporated as "Palmco Plantations Sendirian Berhad" on 21 September 1978 (Shell Company).