Poninkivska Cardboard and Paper Mill-Ukraine (PKPF-Ukraine, Khmelnytsky region), a major Ukrainian corrugated cardboard producer, increased its corrugated packaging output by 19% in January-August 2024 compared to the same period in 2023, to 63.64 million square meters.
According to statistics provided to Interfax-Ukraine by Ukrpapir Association, the mill continues to be one of the top three producers of corrugated packaging after Kyiv Cardboard and Paper Mill and Trypillia Packaging Plant.
Over eight months, the company also increased its production of containerboard (including corrugated paper) by 4.1% to 51.3 thousand tons, and produced more paper by 75% to 0.72 thousand tons.
In monetary terms, in January-August, PCBF-Ukraine produced products worth UAH 1 billion 742.5 million (+16.5%).
As reported with reference to the data collected by the association from the main enterprises of the industry, in January-August 2024, the production of paper and cardboard in Ukraine increased by 3% compared to the same period in 2023 – up to 390.5 thousand tons, cardboard boxes – by 17%, to 384.3 million square meters.
Poninkivska Paper Mill (formerly Poninkiv Cardboard and Paper Mill), once the largest producer of school notebooks, now has one main production line – paper and cardboard, producing mainly corrugated cardboard and corrugated packaging, as well as wrapping and waste paper.
The plant is part of the United Cardboard Company-Ukraine (UCC, Lutsk) owned by businessman Mykola Lobov, whose production assets include, among others, Lutsk KPF-Ukraine (Volyn region), which produced 41.4 thousand tons of various cardboard in eight months (according to Ukrpapir), almost the same as last year, and 31.8 million square meters of corrugated boxes, compared to 2.7 million square meters a year earlier.
As reported, in 2023, PCBF-Ukraine produced products worth almost UAH 2 billion 450 million, up 3% year-on-year. Net profit increased 2.7 times to UAH 27 million.
