Business news from Ukraine

Zhydachiv Pulp and Paper Mill increased production by 8%

26 September , 2023  

In January-August 2023, Zhydachiv Pulp and Paper Mill (ZhPPM, Lviv region) produced products worth UAH 359.5 million, up 7.8% year-on-year.

According to statistics provided to Interfax-Ukraine by UkrPapir Association, in physical terms, the company’s output of corrugated packaging increased by 18.8% to 15.2 million square meters, containerboard by 24.8% to 10.9 thousand tons, and paper by 7.4% to almost 3 thousand tons.

In particular, in August, the plant increased its paper and cardboard production by 6.3% to almost 2 thousand tons by August 2022, while corrugated packaging production remained at the same level as last year, up to 1.96 million square meters. Compared to July this year, paper and cardboard production increased by 16.5%, while corrugated packaging production remained almost unchanged.

Zhytomyr Pulp and Paper Mill has a paper production capacity (base paper for corrugation, linerboard, cover paper) of 43 thousand tons per year, cardboard production capacity of 50 thousand tons, corrugated cardboard and corrugated packaging capacity of 120 million square meters, and cast containers (tray for 30 eggs) capacity of 72 million units per year.

As reported with reference to the association’s data obtained from the main industry enterprises, in January-August 2023, they produced a total of 361.56 thousand tons of paper and cardboard (10.2% more), and 335.2 million square meters of cardboard boxes (+18.3%).

In 2022, Zhydachiv Pulp and Paper Mill produced goods worth UAH 510.8 million, up 23.1% year-on-year, and net profit increased by 67.5% to UAH 41.76 million.