Cardboard and Paper Company LLC (Lviv), a major Ukrainian manufacturer of cardboard tubes and sanitary products, increased its production by 7% in 2023 to UAH 1 billion 268.5 million compared to 2022.
According to UkrPapir Association statistics provided to Interfax-Ukraine, the company slightly reduced its output of cardboard products in physical terms to 26.4 thousand tons, while increasing its production of paper base for sanitary products by 12.6% to almost 8 thousand tons. Production of toilet paper in rolls increased by 49% to 6.1 million units.
At the same time, in December, the company reduced its paper and cardboard production by 35.5% compared to the same month in 2022, to 2 thousand tons, which is also almost 35% less than in November last year.
LLC “Cardboard and Paper Company” produces products and semi-finished products from waste cardboard (cardboard sheets, corners, sleeves), cellulose and recycled waste paper (toilet paper, towels, napkins TM Papero). The company supplies its products, in particular, to the EU countries.
Among its customers are Biosphere and Arterium corporations, Nestle, Khlibprom, and Yarych confectionery.
As reported, in 2022, the factory increased its commercial output by 51.5% compared to 2021, up to UAH 1 billion 186 million, without stopping work during the year. Net profit tripled to UAH 263.7 million.
