Business news from Ukraine

Business news from Ukraine

DUNAPACK TAVRIA TO INVEST EUR 2 MLN IN CORRUGATED CARDBOARD PROCESSING LINE

17 June , 2019  

The corrugated cardboard box plant Dunapack Tavria (Oleshky, Kherson region) plans to launch another corrugated cardboard processing line with an annual capacity of 16-18 million square meters in August, Dunapack Tavria CEO Kostiantyn Turyhin said at a briefing at the plant on June 11. “Investment in the launch of this line in total with peripherals will be about EUR 2 million,” he said.
According to Turyhin, over the past three years, the demand for corrugated cardboard has increased by 3-7% per year.
At the same time, Dunapack-Tavria said that the waste paper market in Ukraine is very opaque, and the waste paper itself is not enough to ensure the need of Ukrainian enterprises.
As reported, according to the UkrPapir association, in January-April 2019, Dunapack-Tavria increased the production of cardboard boxes 22%, to 22.7 million square meters.
Austrian Dunapack Concern in 2013 opened the Dunapack-Tavria plant in Oleshky (Kherson region) for the production of corrugated packaging, investment in which amounted to EUR 38 million.

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