Business news from Ukraine

Business news from Ukraine

Kokhava Paper Mill accelerates production growth rate to 67%

17 September , 2024  

In January-August 2024, Kokhavyno Paper Mill (KPM, Lviv region), which produces sanitary paper products, increased its production by 67.4% year-on-year to UAH 1 billion 279 million, according to statistics from UkrPapir Association.
As reported, in the first seven months of the year, the mill’s production growth was 61.1%, and in the first six months of the year it was 54.5% compared to the same period last year.
According to the association’s statistics provided to Interfax-Ukraine, the production of the base paper for sanitary products at the mill increased by 34.8% to 37.7 thousand tons over the eight months.
The production of toilet paper in rolls remained at the last year’s level – 90.4 million units. KPF confidently ranks second in terms of its output after Kyiv CPP.
As reported, in October last year, Kokhava Pulp and Paper Mill put into operation a paper machine for the production of cellulose base paper (previously, it produced only waste paper-based products). To organize such production in 2021, the mill attracted a EUR 13.8 million loan from the EBRD.
Kokhava Pulp and Paper Mill, which has been operating since 1939, produces base paper for sanitary and hygiene products, as well as toilet paper and paper towels. Before the new machine was put into operation, the mill had two pulp mills with a total capacity of 40 thousand tons of base paper per year.
In 2023, the plant increased its production by 18% compared to 2022 to UAH 1 billion 151.2 million, while net profit increased 2.7 times to UAH 137 million.

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