Business news from Ukraine

KYIVSKY CARDBOARD MILL SEES ALMOST 14.4% RISE IN PRODUCTION IN JAN-AUG 2016

21 September , 2016  

KYIV. Sept 21 (Interfax-Ukraine) – Kyivsky cardboard paper mill (Obukhiv, Kyiv region), a leader in Ukraine’s pulp and paper industry in terms of production and sales, produced goods worth UAH 2.751 billion in January through August 2016, which is 14.4% up year-over-year.

According to the UkrPapir association, the mill saw a rise in production of corrugated cardboard packaging and production of base paper in kind in the first eight months of 2016. Cardboard production decreased by 7.3%, to 125,800 tonnes.

Cardboard production fell due to the decline in production of commodity cardboard (including corrugating paper) by 8%, to 76,000 tonnes and a fall in production of box cardboard by 5.9%, to 49,800 tonnes.

Corrugated cardboard output grew by 6%, to 134.56 million square meters. The mill remains the leader in production of corrugated cardboard.

Production of base paper (for sanitary products) rose by 7.1%, totaling 49,400 tonnes. Production of toilet paper, where the mill is a strong leader among other producers, grew by 12.4%, to 287.17 million rolls.

Cardboard packaging production in Ukraine grew by 7.5% in January through August 2016, to 520.58 million square meters, while paper and cardboard output almost did not change, being 529,750 tonnes.

Kyivsky cardboard paper mill is one of the largest cardboard and paper producers in Europe. It employs almost 2,200 people. It sells produce to almost 700 companies in Ukraine, some CIS member states and the rest of the world.

It mainly produces goods from wastepaper. Its capacity for processing wastepaper exceeds 850 tonnes a day.

In 2015, the mill saw a 54% rise in production from 2014, to UAH 3.857 billion.