Business news from Ukraine

Business news from Ukraine

Kokhavyno Paper Mill has increased production by 75%

16 October , 2024  

In January-September 2024, Kokhavyno Paper Mill (KBF, Lviv region), which produces sanitary paper products, increased its production by 75.1% compared to the same period in 2023, to UAH 1 billion 502 million, according to statistics from UkrPapir Association.
As reported, in the first eight months of the year, the mill’s production growth was 67.4% compared to the same period in 2023, and in the first seven months it was 61%.
According to the association’s statistics provided to Interfax-Ukraine, in physical terms, the production of the base paper for sanitary products at the factory increased by 39.6% to 43.2 thousand tons over the nine months.
The output of toilet paper in rolls increased by 1.5% to 102.5 million units. KPF is confidently ranked 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 company attracted a EUR 13.8 million loan from the EBRD.
In October of this year, according to the company, the line of cellulose sanitary products was expanded with four-layer toilet paper “Gold” with lamination and perforation of the roll.
Kokhavynsk Pulp and Paper Mill, which has been operating since 1939, produces the 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 paper machines with a total capacity of 40 thousand tons of base paper per year.
In 2023, the mill 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.

Source: https://rebuild.news/

,