Business news from Ukraine

Kokhavynka paper mill maintained production growth by more than 30%

17 July , 2023  

Kokhavyn paper mill (KBF, Lviv region), which produces sanitary and hygienic paper products (TM “Kokhavynka”), in January-June 2023 increased production by 30.3% compared to the first half of 2022 – up to UAH 562.76 million, according to statistics of the association “UkrPapir”.

According to the data provided to the agency “Interfax-Ukraine”, thus, the factory maintains the growth of this indicator more than 30% to the same period last year (at the end of five months it was 32.4%).

In physical terms, production of paper-base for sanitary-hygienic products increased by 2.7% – up to 20.82 thousand tons. Including in June, its output decreased by 4% against June-2022 – to 3.4 thousand tons.

The output of toilet paper in rolls in the first half of the year increased by 3.7% to 67.15 mln pieces. KBF retains the second place in its output after Kiev Paper Mill (120.78 mln pieces).

Kokhava Paper Mill, which has been operating since 1939, produces base paper for sanitary and hygienic goods, as well as toilet paper and paper towels.

The capacity of paper machines is 19 thousand tons per year, processing equipment – 90 million rolls per year.

The factory practically did not stop production since the beginning of Russia’s full-scale aggression in Ukraine.

As reported, KBF in 2023 produced UAH 975.3 million – 44.8% more than a year earlier. Net profit decreased by 12.7% to UAH 52.4m, while revenue increased by 46.5% to UAH 978.9m.

,