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  • 30 years
    The company was established in 1993
  • 2500 employees
    The total number of employees exceeds 2500
  • 30 countries
    Exporting products to over 30 countries
  • 1000 W
    Providing millions of families with high-quality, custom-made whole house renovation resolutions with our Eco Friendly MFC panel
Corporate Profile

HeveaBoard was founded in 1993, with a total number of employees in the group of more than 2,500. It initially focused on particleboard production. As the group continued to develop, its business gradually expanded to the production of assembled furniture by its subsidiary HeveaPac in 2001 and went public in 2005. Following the environmental protection concept of sustainable development, HeveaGro subsidiary was established in 2017 to reuse the leftover board material and develop the mushroom planting industry. In 2022, HeveaBoard will re-strategize the Chinese market and determine to enter the market in the form of decorative artificial panels, which will become an important milestone for the group. Through the manufacturing of decorative panels and the planting of mushroom, rubber forestry resources will be better utilized, so that rubber wood can fully exert its economic value after the rubber tapping period is over, and reconstruct resources and capabilities.


In 2023, HeveaBoard established a design team in Europe to independently develop surface texture. At the same time, we have built a decorative panel production factory in China and introducing advanced Wemhoner pressing machine from Germany. And it has overcome the synchronized technology, with precise pressure adjustment and sensitive temperature control system to ensure the best presentation of the panel effect. We strictly control product quality and strive for excellence in finishing design, and to create the world's top fashionable decorative panel products.

Corporate Mission

ENHANCED GROWTH

  • Strive to maximize the usage of rubberwood residues
  • Increase capacity for particleboard and value-added finished products
  • Create more high-skill employment opportunities for Malaysians

EFFICIENCY

  • Apply innovations and research to lower production costs
  • Enhance efficiency through energy-saving biomass plants

EARNINGS

  • Optimize returns for HeveaBoard shareholders through enhanced growth and efficiency
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  • Development History Image
Corporate Structure
Corporate Structure Image
HeveaBoard Milestones
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  • 1993: Founded with a Sustainability Vision
    HeveaBoard was established with a mission to produce eco-friendly particleboards using rubberwood residues, setting the foundation for sustainable manufacturing.
  • 1996: First Production Plant Begins Operations
    Our first plant began production, utilizing renewable wood resources and residues from rubber plantations and sawmills.
  • 2000: ISO 9002 Certification
    Achieved ISO 9002 certification, marking our commitment to international quality standards.
  • 2001: HeveaPac Expansion into Furniture
    Founded HeveaPac, our Ready-to-Assemble (RTA) furniture division, exporting sustainable products to over 80 countries. The modern facility operates with 2,000 employees.
  • 2004: JIS (Japanese Industrial Standard) Certification & Industry Recognition
    Became the first regional particleboard producer to earn JIS certification, ensuring high product standards for Japanese markets.
  • 2005: Listed on Bursa Malaysia
    Successfully listed on the Main Board of Kuala Lumpur Stock Exchange (KLSE), stock code 5095, reflecting our growth and stability.
  • 2006: Second Plant & Productivity Milestone
    Launched a second production plant with capacity of 450,000m³ annually, strengthening our position as an industry leader.
  • 2008: Dual JIS and ISO Certifications
    Both plants achieved JIS certification for multiple product ranges and ISO 9001 certification, reinforcing our focus on consistent quality.
  • 2011: Expanded Sustainability & Safety Certifications
    Earned ISO 14001 for environmental management, OHSAS 18001 for safety management, and MS 1722 for Occupational Safety and Health compliance in Malaysia.
  • 2013: Global Eco Certifications
    Achieved PEFC (Programme for the Endorsement of Forest Certification) and CARB (California Air Resources Board) certifications, meeting global environmental standards and emission regulations.
  • 2014: Energy Leadership & ASEAN Recognition
    Implemented ISO 50001 for energy management and won the ASEAN Best Practices Award for Energy Management in Industry, affirming our leadership in sustainable practices.
  • 2015: Eco Label Achievements
    Secured multiple eco-friendly product certifications:
    SIRIM Eco Label
    Singapore Green Label
    MyHIJAU Green Certification
  • 2017: HeveaGro & Zero-Waste Initiative
    Launched HeveaGro to cultivate edible fungi using wood bark by-products, advancing our circular economy and zero-waste principles. Also, introduced Malaysia’s first dry chip cleaning facility for better tool performance and product consistency.
  • 2018: Compliance with U.S. Formaldehyde Standards
    Obtained TSCA Title VI compliance from the U.S. EPA, meeting strict emission standards. Upgraded our safety management system from OHSAS 18001 to ISO 45001.
  • 2019: Korean Standard (KS) Certification
    Expanded market reach by obtaining KS certification, ensuring compliance with Korean quality standards.
  • 2021: Carbon Footprint Certification
    Became the first Malaysian panel manufacturer to earn the Carbon Footprint Certificate from SIRIM QAS, achieving a value of 478.75 kgCO2e/m³.
  • 2023: Launch of HVEA Brand
    Partnered with LeJie Co Ltd (China) to introduce HVEA, a premium MFC brand offering super low-emission decorative panels for greener living spaces.
  • 2024: HeveaLuxe – Joint Venture for Premium Panels
    Formed a joint venture with LeJie Co Ltd to establish HeveaLuxe (M) Sdn Bhd, producing unique and high-end decorative MFC panels, blending innovation with sustainability.
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