Evergreen to gain from customer diversification

The group’s prospects are showing signs of further improvement on the back of the resilient Middle East market sustaining demand for panel boards.

PETALING JAYA: Evergreen Fibreboard Bhd is looking to increase its sales to East Asia as it reduces reliance on the Red Sea shipping lane due to heightened geopolitical tensions.

Besides its new export market of Japan, Evergreen has also begun engaging with customers from Australia and New Zealand with regards to its downstream and ready-to-assemble products.