Business news from Ukraine

Business news from Ukraine

“Papir-Mal” has increased its production by more than 2.5 times in 2 months

16 March , 2023  

In January-February the Papir-Mal cardboard and paper mill (Malyn, Zhytomyr oblast) produced output for 76.94 mln UAH, which is more than 2.5 times higher than in two months of 2022.
According to statistics from UkrPapyr Association, the increase of production was caused by a 2.5-fold growth in output of containerboard (including paper for corrugation) to 11.76 thousand tons, while production of base paper for sanitary products decreased by 21.3% to 0.69 tons and toilet paper rolls – by 26%, to 2.63 million pieces.
Thus, the total output of paper and paperboard increased 2.2-fold to 12.45 thousand tons.
As reported, last year the mill put into operation the second cardboard machine (KDM) with a production capacity of 800m/min (twice more than the first), which allowed “Papir-Mal” to reach a positive total dynamics of paper and cardboard production by the end of the year, despite a drop in paper output by 37%.
With the beginning of a full-scale military aggression of Russia against Ukraine on February 24, 2022 the mill completely stopped production and postponed the launch of the second paper machine, but in March it resumed production.
The production volume of the company in 2022 decreased by 4.7% against 2021 – to 247 mln hryvnia.

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