Business news from Ukraine

Kyiv Cardboard and Paper Mill slightly reduced production volume

15 March , 2023  

Commodity output of Kyiv Cardboard and Paper Mill (Kyiv CPM, Obukhiv, Kyiv region), the industry leader in Ukraine, in January-February amounted to 1 billion 239.2 million UAH, which is 2.6% less than in January-February 2022.
According to statistics from UkrPapir Association, provided to Interfax-Ukraine Agency, the production of corrugated packaging increased significantly in volume terms – by 21%, to 35.45 mln sq.m. The mill is the leader in this segment.
At the same time, the production of cardboard decreased by 10.3% to 29 tons, primarily due to the more than halving of the boxboard production to 4.75 thousand tons, while the production of containerboard (including corrugated paper) increased by 10.6% to 24.26 thousand tons.
Moreover, the production of base paper for hygiene products decreased by 46% to 6,53 thousand tons, while the production of toilet paper rolls fell by 46.2% to 32.25 million pieces.
Combine, despite the reduction in production of toilet paper, retains leadership in the production of toilet paper in Ukraine: in the past two months the main companies in the industry produced 80.78 million rolls (25% less).
According to statistics from the profile association received from the branch enterprises, in January-February 2023, they produced a total of 87.31 thousand tons of paper and paperboard – 15% less than the almost prewar January-February 2022, and 78.5 million square meters of cardboard boxes – only 0.6% less.
Kiev KBC is one of Europe’s largest cardboard and paper companies, 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.
Pulp Mill Holding (Austria) owns 100% of the company.