Business news from Ukraine

Kokhavynka Paper Mill slowed production growth to 39% in March

15 April , 2023  

Kokhavynka Paper Mill (KBF, Lviv region), which produces sanitary paper products (TM Kokhavynka), increased its production by 39% in January-March this year compared to the same period in 2022, up to UAH 278.8 million, according to statistics from UkrPapir Association.

As reported, in January-February of this year, the growth of this indicator was 47% compared to the same period in 2022.

According to UkrPapir’s statistics provided to Interfax-Ukraine, in physical terms, production of the base paper for sanitary products increased by 6.4% to 10.34 thousand tons in the first quarter.

Including in March, its output increased by 10% by March 2022 (the factory practically did not stop production with the start of Russia’s full-scale aggression in Ukraine).

At the same time, the output of toilet paper in rolls in January-March increased by 9.2% (in January-February, the increase was 21.6%) to 33.48 million units, and KBF confidently retains the second place in terms of its output after Kyiv pulp and paper mill (56.54 million units), which reduced production of this product by 29% in January-February.

Kokhavynske Pulp and Paper Mill, which has been operating since 1939, produces the base paper for sanitary and hygiene products, as well as toilet paper and paper towels.

The paper machine capacity is 19 thousand tons per year, and the processing equipment capacity is 90 million rolls per year.

As reported, last year KBF produced products worth UAH 975.3 million, up 44.8% year-on-year.

Net profit, according to opendatabot, decreased by 12.7% to UAH 52.4 million, while revenue increased by 46.5% to UAH 978.9 million.

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