Business news from Ukraine

Business news from Ukraine

Cardboard and paper mill “Papir-Mal” increased production volume almost 3 times in January

22 February , 2023  

Cardboard and paper mill Papir-Mal (Malyn, Zhytomyr region) produced UAH 41.11 mln in January which is more than 2.7 times more than in January 2022.
According to statistics from the association “UkrPapir” given to the agency Interfax-Ukraine “in physical terms increased by 2.4 times containerboard production (including paper for corrugation) – up to 6.3 tons, while the production of paper-base for sanitary products declined by 25.6% – to 0.35 tons, toilet paper rolls – by 16% to 1.5 million pieces.
Overall, the output of paper and paperboard increased 2.1-fold to 6.65 thousand tons.
As reported, last year the mill put into operation the second cardboard machine (KDM) with a production capacity of 800m/min (twice as much as the first), which allowed “Papir-Mal” to reach a positive dynamics of paper and cardboard production by the end of the year, despite the fall in paper output by 37%.
With the beginning of a full-scale military aggression of Russia against Ukraine on February 24, 2022 the mill completely stopped production and postponed the launch of the second paper machine, but in March it resumed production.
The production volume of the company in 2022 decreased by 4.7% against 2021 – to 247 million hryvnias.