Poninkivska Cardboard and Paper Mill-Ukraine (PKPF-Ukraine, Khmelnytsky region), a major Ukrainian corrugated cardboard producer, increased its corrugated packaging output by 19.9% in January-July 2024 compared to the same period in 2023, to 55.5 million square meters.
According to Ukrpapir Association statistics provided to Interfax-Ukraine, the plant continues to be one of the top three producers of corrugated packaging after Kyiv Cardboard and Paper Mill and Trypillia Packaging Plant.
Over the seven months, the company also increased its production of containerboard by 1.3% to 44.1 thousand tons, and produced more paper by 86.8% to 0.62 thousand tons.
In monetary terms, in January-July, PCBF-Ukraine produced products worth UAH 1 billion 529 million (+15.5%).
As reported with reference to the data collected by the association from the main enterprises of the industry, in January-July 2024, the production of paper and cardboard in Ukraine increased by 4.2% compared to the same period in 2023 – up to 340.35 thousand tons, cardboard boxes – by 18.5%, up to 334.89 million square meters.
Poninkivska Paper Mill (formerly Poninkiv Cardboard and Paper Mill), once the largest producer of school notebooks, now has one main production line – paper and cardboard, producing mainly corrugated cardboard and corrugated packaging, as well as wrapping and waste paper.
The plant is part of the United Cardboard Company-Ukraine (UCC, Lutsk) owned by businessman Mykola Lobov, whose production assets include, among others, Lutsk KPF-Ukraine (Volyn region), which produced 36.7 thousand tons of various cardboard (4.8% more) and 27.7 million square meters of corrugated boxes in seven months (according to Ukrpapir).
As reported, in 2023, PCPF-Ukraine produced products worth almost UAH 2 billion 450 million, up 3% year-on-year. Net profit increased 2.7 times to UAH 27 million.
