In January-November 2024, Kokhavynsk Paper Mill (KPM, Lviv region), which produces sanitary paper products, increased its production by 81.9% compared to the same period in 2023, to UAH 1 billion 922 million, according to statistics from UkrPapir Association.
As reported, in the first 10 months of the year, the factory’s production growth was 78.3% compared to the same period in 2023, and in the first nine months it was 75.1%.
According to the association’s statistics provided to Interfax-Ukraine, in physical terms, the production of the base paper for sanitary products at the mill increased by 41% to 53.65 thousand tons during this period.
The production of toilet paper in rolls amounted to 125 million units, slightly (by 1.4%) decreasing in January-November 2023. 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 products only on a waste paper basis). 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 paper machines 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.
This week, Ukraine’s potato market has experienced a notable uptick in trading activity, according to analysts from the EastFruit project. Industry experts highlight that, in response to rising demand, farmers are continuing to increase their selling prices in this segment.
Currently, potato prices are being declared in the range of 22-30 UAH/kg ($0.53-0.72/kg), which represents an average increase of 22% compared to the previous week.
Market operators attribute this heightened trading activity to the growing interest from wholesale companies and retail chains, which have already begun stocking up for the New Year holidays. While further price increases in this segment are not ruled out, a sharp rise in prices is considered unlikely.
It is noteworthy that, as of today, potatoes in Ukraine are being sold at an average of 85% higher than during the same period last year. This significant price hike is primarily due to a reduction in potato production in Ukraine this year, largely caused by the drought that affected almost all major potato-growing regions during the summer.
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Beer production in Ukraine in January-November 2024 reached 129.8 million dal, up 4.9% compared to the same period in 2023, according to the website of the industry organization of brewers Ukrpyvo.
“The expert estimate of beer production in Ukraine (except for non-alcoholic beer with an alcohol content of up to 0.5 vol%) for 11 months of the year is 129.8 million dal, which is 104.9% compared to the same period in 2023. At the same time, this figure is only 82.5% of the production volumes for 11 months of 2021,” the statement said.
As reported, beer production in Ukraine in 2023 increased by 7.8% compared to 2022. At the same time, in 2022, it fell by 27.9% compared to 2021 – to 122.8 million dal.
Norway will allocate 2.7 billion kroner ($242.38 million) to strengthen the Ukrainian navy and help deter Russian naval forces in the Black Sea, Prime Minister Jonas Gahr Støre said, Reuters reports.
“It is necessary to protect the population and infrastructure of Ukraine from attacks by the Russian Black Sea Fleet,” Reuters quoted the Norwegian prime minister as saying on Monday.
“It is also important to protect the export of grain and other products by sea, which bring Ukraine its most important revenues,” he added.
The bitcoin exchange rate reached another historical high the day before, exceeding $106 thousand. As of 9:42 a.m. on Monday, bitcoin rose by 1.9% to $105.11 thousand, according to Coindesk. On Sunday, the cryptocurrency rose to $106,491 thousand. Bitcoin’s growth has been going on for seven weeks in a row, the highest since 2021. The rate is supported by expectations of a favorable cryptocurrency policy under the Donald Trump administration. According to FactSet, since his election as US president, bitcoin ETFs have raised $9.3 billion. The next key level for this cryptocurrency is $110 thousand, MarketWatch reports.
Geographical structure of Ukraine’s foreign trade (imports) in Jan-Sept 2024, thousand USD
Open4Business.com.ua
