Business news from Ukraine

Kyiv Pulp and Paper Mill maintains slight positive production dynamics

17 June , 2024  

In January-May, the volume of marketable products of Kyiv Cardboard and Paper Mill (Kyiv Pulp and Paper Mill, Obukhiv, Kyiv region), the industry leader in Ukraine by this indicator, amounted to UAH 3 billion 173 million, which is 3.6% more than in the same period last year, according to statistics from Ukrpapir Association.

As reported, the mill moved to positive production dynamics in the first quarter (up 0.2%), while in January-February there was a 2.4% decline in this indicator compared to the same period last year.

According to UkrPapir’s statistics provided to Interfax-Ukraine, in physical terms, the mill’s corrugated box production increased by 4.5% to 92.3 million square meters over the five months, which remains the best in the industry.

Cardboard production decreased by 7.5% to 64.4 thousand tons, including production of containerboard by 8.4% to 52.7 thousand tons and boxboard by 3.4% to 11.7 thousand tons.

The output of base paper for sanitary and hygiene products increased by 8.3% to 19 thousand tons, and the production of toilet paper increased by the same percentage to 107.55 million units.

The plant is a stable leader in toilet paper production in Ukraine: over five months, the industry’s major enterprises produced a total of 262.37 million rolls, up 10%.

According to UkrPapir, in May, Kyiv Pulp and Paper Mill reduced its paper and cardboard output by almost 10% to 15.8 thousand tons by May 2023, while corrugated boxes increased by 5% to 19.2 million square meters.

According to the Association’s data from the main industry enterprises, in January-May, paper and cardboard production in Ukraine increased by 6.1% compared to the same period in 2023, to 240.4 thousand tons, and cardboard boxes by 21.4%, to 237.7 million square meters.

Kyiv Pulp and Paper Mill is the parent company of the eponymous group of companies, one of the largest cardboard and paper products producers in Europe with a staff of over 2,500 people.

It has, among other things, a 240,000-tonne-per-year cardboard production facility and a 355 million-square-meter corrugated packaging plant, as well as a production facility for the production of base paper and finished products with an annual capacity of 70,000 tons of base paper.

As reported, in 2023, the plant produced products worth UAH 7 billion 568 million, up 1.8% year-on-year.