Business news from Ukraine

Trypillia Packaging Plant accelerates corrugated packaging output growth to 21%

21 April , 2024  

Trypillia Packaging Plant (TUP, Ukrainka, Kyiv region), a subsidiary of the shutdown Rubizhne Cardboard and Packaging Plant in Luhansk region, increased corrugated packaging output by 20.8% in January-March compared to the same period in 2023, to 39.4 million square meters.

According to statistics provided to Interfax-Ukraine by UkrPapir Association, the mill accelerated the growth rate of corrugated packaging output compared to the same period last year – in January it was 5% compared to January 2023, and 12.3% in January-February.

The plant consistently ranks second in corrugated packaging production after Kyiv Cardboard and Paper Mill (52.9 million square meters).

In March, TUK increased its corrugated packaging production by 41% year-on-year and by 7% year-on-year to 13.6 million square meters.

In monetary terms, TUK’s production volume in the first quarter of 2014 increased by 5% to UAH 651.6 million.

In January-March, the major companies in the industry that provided data to UkrPapir increased production of cardboard boxes by 17.8%, to 136 million square meters, according to the association.

As reported, before Russia’s full-scale invasion of Ukraine, Rubizhne Pulp and Paper Mill together with TUK were the leading corrugated packaging producers in Ukraine.

After the destruction, the plant in Rubizhne shut down, and the legal entity Rubizhne CTC was re-registered in Kyiv.

TUC produces a wide range of corrugated cardboard products for food, industrial goods and chemicals. Among its customers are Roshen, Coca-Cola, MHP agricultural holding, and Lactalis Group.

In 2023, Trypillia Paper Mill increased its sales volume by 13.7% compared to 2022, to UAH 2 billion 480 million, while corrugated packaging production increased by 17.9% to 145.8 million square meters.