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IOI Palm Wood Sdn Bhd, a subsidiary of IOI Corporation Berhad, is Malaysia's first manufacturing plant to commercially and sustainably convert unused oil palm trunks into eco-friendly, sustainable, and high-performance palm wood panels for the furniture and building industries. Its product, Palm Core, is a lightweight, stable, and durable material with excellent insulation properties, used in applications such as door cores, block-boards, and three-layered panels for joinery, furniture, and construction. It offers thermal and acoustic insulation benefits, along with natural fire resistance, and is competitively priced compared to traditional timber.