Maran Timber achieves EUDR compliance

27 November 2024

KUALA LUMPUR: Maran Timber Sdn. Bhd., a prominent timber exporter in Malaysia, has set a groundbreaking precedent by becoming the nation's first company to achieve compliance with the European Union Deforestation Regulation (EUDR).

This accomplishment was made possible through the innovative Proteus platform developed by #dltledgers, a leading digital supply chain solutions provider based in Singapore.

This milestone is a significant advancement for the Malaysian timber industry, facilitating seamless, transparent, and compliant shipments to the European Union (EU).

Implementing the EUDR, which took effect in June 2023, aims to combat global deforestation by regulating commodities linked to environmental degradation. In line with its commitment to sustainability and responsible forestry practices, Maran Timber utilizes the multi-party Proteus framework to guarantee the traceability of its timber exports, ensuring adherence to the stringent EU regulations.

The Proteus platform features real-time audit capabilities and immutable record-keeping, promoting transparency and accountability throughout the entire supply chain—from upstream forestry activities to downstream manufacturing and shipping processes.

With a legacy of over 60 years in the industry, Maran Timber has consistently embraced innovation. This latest collaboration with #dltledgers signifies a crucial step toward digitalization and enhanced cooperation across its supply chain. The Proteus platform incorporates advanced technologies, such as blockchain and artificial intelligence, to streamline multi-party transactions, ranging from raw material sourcing to regulatory submissions. This not only guarantees compliance but also enhances efficiency and sustainability in every shipment.

"We are proud to be the first timber company in Malaysia to implement EUDR-compliant shipments using #dltledgers' Proteus framework. This partnership is a game-changer for us, allowing us to meet the stringent demands of the EU market while supporting our sustainability goals," said Kay Yip Ng, Chief Executive Officer of Maran Timber Sdn. Bhd.

"This collaboration aligns with our vision to build a digitalized ecosystem and further strengthens our commitment to sustainability across the entire supply chain."

"Proetus is a game-changing multi-party collaboration platform for global Compliance and sustainability, with industry specific models for faster customer journey towards a circular economy. We work with multiple industries across the globe; EUDR compliance and submission are deployed at rapid speed, authenticated at real time for compliant exports" said Mr. Samir Neji, CEO of #dltledgers.

"We are ecstatic to support the Malaysian Timber Industry. Maran Timber paves the way for further leadership and collaboration across the industry, driving compliance, sustainability, and innovation."

Maran Timber, formerly known as Maran Road Sawmill, is a premier fully integrated Maran Timber, a prominent timber company in Malaysia, focuses on producing high-quality timber products while maintaining strong commitments to sustainability and responsible practices.

The company operates an FSC-certified forest concession under Asrama Raya, a sawmill in Terengganu, and an integrated timber manufacturing facility in Pahang.

Maran Timber offers a range of engineered timber products, including kiln-dried lumber, laminated scantlings, fascia boards, and Noawood, a thermally modified wood product derived from Malaysian tropical timber, designed for enhanced durability and stability.

The company remains dedicated to sustainable forest management and adhering to ESG principles, ensuring a balance between business growth and environmental responsibility.