In 2024, Poninkivska Cardboard and Paper Mill-Ukraine (PCPF-Ukraine, Khmelnytsky region) increased its corrugated packaging output by 19.1% compared to 2023, to 98.8 million square meters.
As reported, the plant practically maintained the same production growth rate throughout the year, with an 18.7% increase in January-November.
According to Ukrpapir Association statistics provided toInterfax-Ukraine, the mill continues to be one of the top three producers of this product after Kyiv Cardboard and Paper Mill and Trypillia Packaging Mill.
Over the past year, the company also increased its production of containerboard (including corrugated paper) by 2.6% to 80.4 thousand tons, and paper by 24% to 0.95 thousand tons.
At the same time, in December, it reduced the production of corrugated boxes by 14% by December 2023, but increased by 10.6% by November 2024, to 12.8 million square meters. Paper and cardboard production decreased by 6% and 4.7%, respectively, to 7.3 thousand tons.
In monetary terms, PCPF-Ukraine produced products worth UAH 2 billion 732.4 million (+15.3%) over the year.
As reported with reference to the data collected by the association from the main enterprises of the industry, in 2024, the production of cardboard boxes in Ukraine increased by 12.3% compared to 2023 – up to 590.1 million square meters, paper and cardboard by 3.1% – up to 601 thousand tons (in particular, cardboard production decreased by 0.7% to 463.5 thousand tons, paper production increased by 18.2% to 137.5 thousand tons).
Poninkivska Paper Mill (formerly Poninkiv Cardboard and Paper Mill), once the largest producer of school notebooks, now has one main production facility – 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 (UCK, Lutsk) owned by businessman Mykola Lobov, whose production assets include, among others, Lutsk KPF-Ukraine (Volyn region), which last year (according to Ukrpapir) produced 63.7 thousand tons of various cardboard (down 3.4%) and 48.8 million square meters of corrugated boxes, compared to 17.4 million square meters a year earlier.
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.
