Business news from Ukraine

Business news from Ukraine

Kokhavyno Paper Mill increased production by 82%

16 December , 2024  

In January-November 2024, Kokhavynsk Paper Mill (KPM, Lviv region), which produces sanitary paper products, increased its production by 81.9% compared to the same period in 2023, to UAH 1 billion 922 million, according to statistics from UkrPapir Association.

As reported, in the first 10 months of the year, the factory’s production growth was 78.3% compared to the same period in 2023, and in the first nine months it was 75.1%.

According to the association’s statistics provided to Interfax-Ukraine, in physical terms, the production of the base paper for sanitary products at the mill increased by 41% to 53.65 thousand tons during this period.

The production of toilet paper in rolls amounted to 125 million units, slightly (by 1.4%) decreasing in January-November 2023. KPF confidently ranks second in terms of its output after Kyiv CPP.

As reported, in October last year, 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 mill attracted a EUR 13.8 million loan from the EBRD.

Kokhava Pulp and Paper Mill, which has been operating since 1939, 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, while net profit increased 2.7 times to UAH 137 million.