HeveaBoard
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Malaysian HeveaBoard invests in particleboard and furniture production
Malaysian HeveaBoard, manufacturer of particleboard and modular furniture under the HeveaPac brand, plans investments for the 2016 financial year of MYR 20 million (EUR 4.4 million) for the modernization of its production capacity. According to local media, roughly MYR 8 million (EUR 1.8 million) of the planned investment is for the particleboard line at the Gemas site and MYR 12 million (EUR 2.6 million) is to be invested on production of RTA furniture in the Seremban site. In the particleboard plant, HeveaBoard plans to improve quality and increase production by 10-15%. In the furniture plant, the product range is will be optimized and diversified by a new children's furniture line. HeveaBoard utilises rubberwood residues and has subsidiaries producing downstream Ready-to-Assemble furniture manufacturing and other panel products. In 2015 Heveaboard exported about 80% of its... Continue reading
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April 5, 2016
Malaysian HeveaBoard invests in particleboard and furniture production
Malaysian HeveaBoard, manufacturer of particleboard and modular furniture under the HeveaPac brand, plans investments for the 2016 financial year of MYR 20 million (EUR 4.4 million) for the modernization of its production capacity. According to local media, roughly MYR 8 million (EUR 1.8 million) of the planned investment is for the particleboard line at the Gemas site and MYR 12 million (EUR 2.6 million) is to be invested on production of RTA furniture in the Seremban site. In the particleboard plant, HeveaBoard plans to improve quality and increase production by 10-15%. In the furniture plant, the product range is will be optimized and diversified by a new children's furniture line. HeveaBoard utilises rubberwood residues and has subsidiaries producing downstream Ready-to-Assemble furniture manufacturing and other panel products. In 2015 Heveaboard exported about 80% of its... Continue reading
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Malaysian HeveaBoard invests in particleboard and furniture production
Malaysian HeveaBoard, manufacturer of particleboard and modular furniture under the HeveaPac brand, plans investments for the 2016 financial year of MYR 20 million (EUR 4.4 million) for the modernization of its production capacity. According to local media, roughly MYR 8 million (EUR 1.8 million) of the planned investment is for the particleboard line at the Gemas site and MYR 12 million (EUR 2.6 million) is to be invested on production of RTA furniture in the Seremban site. In the particleboard plant, HeveaBoard plans to improve quality and increase production by 10-15%. In the furniture plant, the product range is will be optimized and diversified by a new children's furniture line. HeveaBoard utilises rubberwood residues and has subsidiaries producing downstream Ready-to-Assemble furniture manufacturing and other panel products. In 2015 Heveaboard exported about 80% of its... Continue reading