Business news from Ukraine

Business news from Ukraine

Trypillia Packaging Plant increases corrugated packaging output by 22%

19 July , 2024  

In January-June 2024, Trypillia Packaging Plant (TUP, Ukrainka, Kyiv region), a subsidiary of the shutdown Rubizhne Cardboard and Packaging Plant in Luhansk region, increased its corrugated packaging output by 22.3% compared to the same period in 2023, to almost 80 million square meters.
According to statistics provided to Interfax-Ukraine by Ukrpapir Association, the plant is now the second largest producer of corrugated packaging after Kyiv Cardboard and Paper Mill (109.7 million square meters).
Including in June, TUK increased its corrugated packaging production by 19% year-on-year, but reduced it by 11.7% year-on-year to 12.5 million square meters.
In monetary terms, TUK’s production increased by 11.2% to UAH 1 billion 320 million in the first half of the year.
The major companies in the industry, which provided data to Ukrpapir, increased production of cardboard boxes by 19.4% to 283.3 million square meters during this period.
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, the plant increased its commercial output by 13.7% compared to 2022, to UAH 2 billion 480 million, while corrugated packaging production increased by 18% to 145.8 million square meters.

,