Business news from Ukraine

Business news from Ukraine

Kokhavynsk Paper Mill increased production volume by 32.4%

17 June , 2023  

In January-May 2023, Kohavynska Paper Factory (KPF, Lviv region), which produces hygienic paper products (TM “Kohavinka”), increased production volume by 32.4% compared to the same period in 2022 – up to UAH 466.35 million, according to statistics from “UkrPapir”.
According to statistical data provided by Association to Interfax-Ukraine, in physical terms the production of paper-base for sanitary products at the factory has increased by 4% to 17.42 thousand tons.
Including May, its output increased slightly to almost 3.6 thousand tons, compared to May 2022.
The output of toilet paper rolls over the five months increased by 3.3% up to 55.67 mln pieces, and the KBC remains the second largest producer after the Kiev KBC (99.3 mln pieces).
The Kokhavinsk Paper Mill, which has been in operation since 1939, produces base paper for sanitary and hygienic goods as well as toilet paper and paper towels.
The capacity of the paper machines is 19 thousand tons per year, the processing equipment is 90 million rolls per year.
The factory has hardly stopped production since the beginning of Russia’s full-scale aggression in Ukraine.
As reported, last year KBF produced 975.3 mln hryvnia – 44.8% more than a year earlier. Net profit decreased by 12.7% to UAH 52.4 mln, income increased by 46.5% to UAH 978.9 mln.