Business news from Ukraine

Business news from Ukraine

Kokhavyno Paper Mill increased production by 22.5%

16 November , 2023  

In January-October 2023, Kokhavyno Paper Mill (KBF, Lviv region), which produces sanitary paper products, increased its production by 22.5% compared to the same period in 2022, to UAH 959.6 million, according to statistics from UkrPapir Association.

According to the data provided to Interfax-Ukraine, in physical terms, the production of paper base for sanitary products increased by 2.4% to 34.6 thousand tons. In particular, in October, its output increased by 3.4% to 3.64 thousand tons by October 2022, which is also 23.4% more than in September this year.

The production of toilet paper in rolls increased by 3.9% to 113 million units during this period. KPF retains the second place in terms of its output after Kyiv CPP (213.3 million units), slightly ahead of VGP JSC (TM Ruta).

Kokhava 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 mill has practically not stopped production since the beginning of Russia’s full-scale aggression in Ukraine.

As reported, in 2023, KPF produced products worth UAH 975.3 million, up 44.8% year-on-year. Net profit decreased by 12.7% to UAH 52.4 million.

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