Business news from Ukraine

Trypillia Packaging Plant maintains 22% increase in corrugated packaging output

15 August , 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 21.9% in January-July compared to the same period in 2023, to 94.9 million square meters.

According to Ukrpapir Association statistics provided to Interfax-Ukraine, the plant is now the second largest producer of corrugated packaging after Kyiv Cardboard and Paper Mill (128.8 million square meters).

As reported, in the first half of the year, the plant increased its corrugated packaging production by 22.3% compared to the same period in 2023.

According to the association, in July, TUK increased its corrugated packaging production by 20% year-on-year and up to 14.9 million square meters by June this year.

In monetary terms, TUK’s production in January-July increased by 9.8% to UAH 1 billion 545 million.

The major companies in the industry that provided data to Ukrpapir increased production of cardboard boxes by 18.5% to almost 335 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 leading corrugated box producers in Ukraine.

After the destruction, the plant in Rubizhne shut down, and the legal entity Rubizhne CTC JSC 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.