In January-May 2023, the Carton and Paper Company (Lviv), a major Ukrainian manufacturer of carton sleeves and sanitary products, increased its output by 29.9% in comparison with the same period of 2022 – up to UAH 524.47 million.
According to statistics from association “UkrPapir” given to agency “Interfax-Ukraine”, in volume terms, the company increased the output of cardboard products by 8.8% – to 11.4 thousand tons, and paper-base for sanitary products has slightly decreased – to 2.8 thousand tons. Production of toilet paper in rolls increased by 28% to 2.3 million pieces.
The Company increased its paper and paperboard output by 2.6% to 3.1 thousand tons in May compared to the same month in 2022.
“Cardboard and Paper Company” (until 2011 – “Lvivkartonoplast”) produces products and semi-finished products of waste paper (cardboard sheets, corners, sleeves), pulp and recycled waste paper (toilet paper, towels, napkins TM Papero).
The products are exported to 23 countries.
As it was reported, in 2022 the factory, without stopping the work during the year, has increased the volume of marketable output by 51,5% compared to 2021 – up to 1 billion 186 million UAH. Net profit tripled to 263.7 mln hryvnia.
Import changes in % to previous period in 2022-2023
Source: Open4Business.com.ua and experts.news
China increased oil production by 2.7 percent in May compared with the same month last year, to 18.1 million tons, according to the State Statistics Administration of the country.
Refining output soared 15.4 percent last month to 62 million tons, the second-highest total ever recorded. This was due, among other things, to the completion of scheduled maintenance work at a number of refineries.
Natural gas production in China in May increased by 7.2% and reached 19 billion cubic meters, since the beginning of this year – by 5.3% to 97.3 billion cubic meters.
Oil imports last month totaled 51.44 million tons, up 12.2 percent from the same month a year earlier, customs said. Gas imports rose 17.3% to 10.64 million tons, the highest since January 2022.
CHINA, GAS, OIL, PRODUCTION
Beer production in Ukraine in January-May of this year reached 51.1 million dal, 20.5% more than during the same period last year, according to the website of the brewers’ organization Ukrpivo.
It is specified that such growth is connected with the prohibition on manufacture and sale of beer, which was in force in 2022 (because of the full-scale invasion of Ukraine by Russia – IF-U) in January of this year the lag in manufacture of this drink was 15.2% compared to January-2022 indicators.
At the same time, this figure is only 77,5% of the volume of beer production in Ukraine in 2021, the industry association specified.
As it was reported beer production in Ukraine in 2022 decreased by 27,9% compared to 2021 – up to 122,8 million dal.
By the end of 2022 the brewing industry has partially recovered after the fall of production of this drink in the first quarter by 50% due to the Russian invasion and the shutdown of some breweries. Thus, at the end of the first four months of 2022 the decline was 42.8% compared to the same period of 2021, January-May – 36.4%, January-June – 32%, January-July and January-August – 31.6% each, January-September – 30.5%, January-October – 28.6%, January-November – 28.1%, the year before – 27.9%.
Prices for oil of reference brands are declining Monday morning after the previous session they rose to their highest marks since June 7.
Negative impact on investors’ moods is given by concerns about the growth rate of the global economy, says Trading Economics. In particular, several major Western banks downgraded forecasts for GDP growth in China, the world’s largest importer of oil, based on recently published statistical data showing a slowdown in economic recovery in the country after the lifting of pandemic restrictions.
Brent crude futures for August delivery on London’s ICE Futures Exchange stood at $75.5 a barrel as of 7:56 a.m. ET, down $1.11 (1.45%) from the close of the previous session. Those contracts rose $0.94 (1.2%) to $76.61 a barrel on Friday.
The price of futures for WTI crude oil for July at electronic trading on the New York Mercantile Exchange (NYMEX) fell by $1.1 (1.5%) to $70.68 per barrel on Friday morning. At the end of previous session the contracts increased by $1.16 (1.6%) to $71.78 per barrel.
Over the past week, Brent gained 2.4% and WTI gained 2.3%, according to Dow Jones Market Data. This was the most significant weekly rise since early April.
DTEK Energy Holding has invested almost UAH 2bn in repairs of its thermal power plants since the beginning of March, DTEK’s executive director Dmytro Sakharuk said.
“Now nine units are under scheduled repairs. We started the repair campaign back in March. We spent almost 2 billion hryvnias to ensure these repairs. Plus we actively extract coal. We have to put 28 faces into operation, 11 of them have already been put into operation and two more faces are to work this month,” – he said during a national telethon.
At the same time Sakharuk said that in general in the power system there are no critical situations that would lead to limitation of consumers, except for point blackouts due to shelling. According to him, under conditions of summer repair campaign of TPP and NPP, reduction of HPS generation with the end of the floods and because of the Kakhovska HPP blowing up, the thermal generation maintains the balance in the power system “plus the imports arrive in certain hours, which overlap the deficit. At the same time he pointed out that the economical consumption of electricity is always necessary, including from the economic point of view, in order to pay less for the resource.
As DTEK noted in its Telegram Channel, in May 2023 the company’s TPPs generated 20% more electricity than in May last year. In total, they have generated more than 5.7 billion kWh of electricity since the beginning of the year, which equals the average annual consumption of about 1.9 million households.
As reported, DTEK energy holding by the beginning of June repaired four power units of its thermal power plants in preparation for the autumn-winter period 2023/2024, which is 15% of the total number of power units planned for repair (a total of 27 power units are planned to be repaired within the repair campaign 2023).
Overall, DTEK needs almost UAH 7 billion to repair equipment damaged and destroyed by the enemy at its thermal power plants.
