Business news from Ukraine

Business news from Ukraine

Kokhava Paper Mill accelerates production growth rate to 55%

20 July , 2024  

In January-June 2024, Kokhava Paper Mill (KBF, Lviv region), which produces sanitary paper products, increased its production by 54.5% year-on-year to UAH 869.64 million, according to statistics from UkrPapir Association.

In the first five months of this year, the mill’s production growth rate was 45.1% compared to the same period last year.

According to UkrPapir’s statistics provided to Interfax-Ukraine, the company’s production of the base paper for sanitary products increased by 30.7% to 27.2 thousand tons.

Production of toilet paper in rolls increased by 1.4% to 68 million units. KBF is confidently ranked second in terms of its output after Kyiv pulp and paper mill.

As reported, in October 2023, 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 CF attracted a EUR 13.8 million loan from the EBRD.

Operating since 1939, the Kokhavynsk Pulp and Paper Mill 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, and its net profit increased 2.7 times to UAH 137 million.

,