Business news from Ukraine

Business news from Ukraine

Large Ukrainian producer of corrugated cardboard – Poninkovsky Cardboard and Paper Mill increased production volume in 2022

20 January , 2023  

Large Ukrainian producer of corrugated board – Poninkovsky Cardboard and Paper Mill-Ukraine (PKBF-Ukraine, Khmelnytsky region) in 2022 produced 2 billion 446 million UAH, which is 6.5% more than in 2021.
According to statistics from the association “UkrPapir” provided to the agency “Interfax-Ukraine”, in volume terms, the factory has reduced the output of packaging board (including paper for corrugation) by 23.7% – to 69.2 thousand tons, and the production of corrugated boxes on 14.8% of it – to 70.8 million square meters.
At the same time, paper output increased by 20% to 585 tons.
As reported with reference to the data collected by the Association of industry companies, last year, taking into account the fact that a number of companies in the industry are either destroyed or damaged or are on occupied territory, the production of paper and cardboard in Ukraine decreased by 44.2% compared to 2021 – to 500.6 thousand tons, corrugated boxes – by 41.1%, to 444.6 million square meters.
Ponikovskaya factory (formerly – Ponikovsky Cardboard and Paper Mill), once the largest producer of school notebooks, now has one main production – paper and cardboard, produces mainly corrugated packaging, as well as wrapping, waste paper.
The mill is part of the United Carton Company-Ukraine (UCCU, Lutsk), whose production assets include, in particular, the Lutsk Cardboard Mill-Ukraine (Volyn region), which last year reduced its production by 21% – to 21.5 thousand tons (including containerboard by almost 25% to 38.8 thousand tons, while the box production increased by 27% – to 8.5 thousand tons).

,