Business news from Ukraine

Kyiv Cardboard and Paper Mill reduced production by 6% in January

20 February , 2023  

Commodity output of Kyiv Cardboard and Paper Mill (Kyiv Cardboard and Paper Mill, Obukhiv, Kyiv Oblast), the industry leader in Ukraine, in January made UAH 625.54 million, which is 6.4% less than in prewar January 2022.
According to the statistics from UkrPapir Association, provided to Interfax-Ukraine news agency, the corrugated board production increased by 9.3%, to 17.12 mln sqm.
At the same time, cardboard production decreased by 7.6% – to 16.47 tons, including container board production increased by 15.6% to 14 thousand tons, while the production of cardboard boxes decreased by 2.3 times to 2.5 thousand tons.
Production of base paper for sanitary products decreased significantly – more than twice, to 3.6 thousand tons – while production of toilet paper in rolls halved to 16.6 million pieces.
According to statistics from the profile association, received from the branch enterprises, in January this year they produced 48.08 thousand tons of paper and paperboard – 24% less than in prewar January 2022, and 39.33 million square meters of cardboard boxes – 18.2% less.
Kiev KBC is one of the largest cardboard and paper companies in Europe, employing about 2.5 thousand people.
As it was reported, in 2022 the mill produced 7 billion 432 million UAH, which is 3.5% less than in 2021.
At the beginning of February this year, Yuriy Golovchenko, the former director of the recycled materials procurement department, was appointed the chairman of the board of Kyiv KBC JSC instead of Alexander Kravchenko, who had been chairing the board for half a year.
Pulp Mill Holding (Austria) owns 100% of the company.

,