Cardboard and Paper Company LLC (Lviv), a major Ukrainian manufacturer of cardboard tubes and sanitary products, increased its production by 11.5% in January-October 2023, up to UAH 1 billion 070.5 million, compared to the same period in 2022.
According to UkrPapir Association statistics provided to Interfax-Ukraine, the company increased its output of cardboard products by 3.4% to 22.7 thousand tons and of base paper for sanitary products by 12.5% to 6.5 thousand tons in physical terms. Production of toilet paper in rolls increased by 52.3% to 5.13 million units.
At the same time, in October, the company increased its paper and cardboard production by 36% compared to the same month last year, to 3.04 thousand tons, which is 2.7% less than in September this year.
LLC “Cardboard and Paper Company” produces products and semi-finished products from waste cardboard (cardboard sheets, corners, sleeves), cellulose and recycled waste paper (toilet paper, towels, napkins TM Papero). The company supplies its products, in particular, to the EU countries.
Among its customers are Biosphere and Arterium corporations, Nestle, Khlibprom, and Yarych confectionery.
As reported, in 2022, the factory increased its commercial output by 51.5% compared to 2021, up to UAH 1 billion 186 million, without stopping work during the year. Net profit tripled to UAH 263.7 million.
