Business news from Ukraine

Business news from Ukraine

Kyiv Pulp and Paper Mill maintains slight decline in production

18 March , 2024  

In January-February, the volume of marketable output of Kyiv Cardboard and Paper Mill (Kyiv Pulp and Paper Mill, Obukhiv, Kyiv region), Ukraine’s industry leader in this indicator, amounted to UAH 1 billion 210 million, down 2.4% year-on-year.

According to Ukrpapir Association statistics provided to Interfax-Ukraine, corrugated box production in physical terms decreased by 5.7% to 33.45 million square meters over the period, but the plant confidently retains its leadership in corrugated packaging production in Ukraine.

Cardboard production decreased by 20% to 23.2 thousand tons, due to a drop in containerboard production by almost 23% to 18.68 thousand tons, and boxboard production by 4.8% to 4.52 thousand tons.

At the same time, the output of base paper for sanitary and hygiene products increased by 19.4% to 7.8 thousand tons, and the production of toilet paper in rolls increased by 20.5% to 42.47 million units.

The mill continues to be a leader in the production of this product in Ukraine, with 105.71 million rolls produced in just two months, up 20.8%.

According to UkrPapir, in February, the plant increased its paper and cardboard output by 5% compared to February 2023 and by 8.6% compared to January 2024, to 16.14 thousand tons, while corrugated boxes decreased by 7.7% and increased by 2.4%, to 16.93 million square meters.

According to the association’s data from the main industry enterprises, in January-February, paper and cardboard production in Ukraine decreased by 2.2% compared to January-February 2023, to 87.93 thousand tons, while cardboard boxes increased by 12.3%, to 87.29 million square meters.

Kyiv Pulp and Paper Mill is the parent company of Kyiv Pulp and Paper Group, one of the largest cardboard and paper products producers in Europe with a staff of over 2,500 people.

It has, in particular, a cardboard production facility with a capacity of 240 thousand tons per year and a corrugated packaging plant with a capacity of 355 million square meters, a production facility for the production of base paper and finished products with a capacity of 70 thousand tons of base paper annually.

As reported, in 2023, the plant produced products worth UAH 7 billion 568 million, up 1.8% year-on-year.