Cardboard and Paper Company LLC (Lviv), a major Ukrainian manufacturer of cardboard tubes and sanitary products, increased its production by 18.9% in January-August 2023, up to UAH 862.12 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 1.8% to 18.1 thousand tons and of paper base for sanitary products by 3.3% to almost 5 thousand tons in physical terms. Production of toilet paper in rolls increased by 44.3% to 3.8 million units.
At the same time, in August, the company slightly (by 2.3%) reduced its paper and cardboard production compared to the same month last year, to 3.07 thousand tons, which is also 7% less than in July 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.
