Business news from Ukraine

Business news from Ukraine

Trypillia Packaging Plant accelerates corrugated packaging output growth to 25% in January

19 May , 2024  

In January-April, Trypillia Packaging Plant (TUP, Ukrainka, Kyiv region), a subsidiary of Rubizhne Cardboard and Packaging Plant, which has stopped operations in Luhansk region, increased its corrugated packaging output by 24.7% year-on-year to 53.4 million square meters in January-April.

According to statistics provided to Interfax-Ukraine by UkrPapir Association, the mill has thus slightly accelerated the growth rate of corrugated packaging output compared to the same period last year – in January-March it was 20.8%, and in January-February it was 12.3%.

The plant consistently ranks second in corrugated packaging production after Kyiv Cardboard and Paper Mill (73.1 million square meters).

In particular, in April, TUK increased its corrugated packaging production by 37% year-on-year and by 3.2% year-on-year to 14 million square meters.

In monetary terms, TUK’s production increased by 9% over the four months to UAH 872.4 million.

In January-April, the major companies in the industry that provided data to Ukrpapir increased production of cardboard boxes by 21.6% to 187.4 million square meters.

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

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