Business news from Ukraine

Kyiv Pulp and Paper Mill maintains slight positive production dynamics

20 July , 2024  

The volume of marketable products of Kyiv Cardboard and Paper Mill (Kyiv Pulp and Paper Mill, Obukhiv, Kyiv region), the industry leader in Ukraine by this indicator, amounted to UAH 3 billion 793.5 million in January-June 2-24, which is 3.3% more than in the same period in 2023, according to statistics from Ukrpapir Association.
As reported, the mill moved to positive production dynamics in the first quarter (an increase of 0.2%), while in January-February there was a decrease of 2.4% compared to the same period last year.
According to UkrPapir’s statistics provided to Interfax-Ukraine, in physical terms, the plant’s production of corrugated boxes increased by 1.4% to 109.7 million square meters, which remains the best in the industry.
Cardboard output decreased by 4.5% to 77.9 thousand tons, including a 4.3% decrease in containerboard production to 64 thousand tons and a 5.4% decrease in boxboard production to 13.9 thousand tons.
The output of base paper for sanitary and hygiene products increased by 8.5% to 22.9 thousand tons, and the output of toilet paper in rolls increased by 7% to 129.3 million units.
The plant is a stable leader in the production of toilet paper in Ukraine: in the first half of 2024, the industry’s main enterprises produced a total of 308.2 million rolls, up 6.6%.
According to the association’s data from the main industry players, in January-June 2024, Ukraine’s paper and cardboard production increased by 5.7% compared to the same period in 2023, to 290 thousand tons, and cardboard boxes by 19.4%, to 283.3 million square meters.
Kyiv Pulp and Paper Mill is the parent company of the eponymous group of companies, one of the largest cardboard and paper products producers in Europe with a staff of over 2,500 people.
It has, among other things, a 240,000-tonne-per-year cardboard production facility and a 355 million-square-meter corrugated packaging plant, as well as a production facility for the production of base paper and finished products with an annual capacity of 70,000 tons of base paper.
As reported, in 2023, the plant produced products worth UAH 7 billion 568 million, up 1.8% year-on-year.