Business news from Ukraine

“Poninkovskaya KBF-Ukraine” increased production by 12%

20 September , 2022  

A large Ukrainian manufacturer of corrugated cardboard – Poninkovskaya Cardboard and Paper Factory-Ukraine (“PKBF-Ukraine”, Khmelnytsky region) produced products worth UAH 1 billion 526 million in January-August, which is 12.2% more than in the same period of 2021 of the year.
According to the statistics of the UkrPapir association provided to the Interfax-Ukraine agency, in physical terms, the factory reduced the production of containerboard (including corrugating paper) by 19.2% – to 48.3 thousand tons, and by 17.6% corrugated boxes from it – up to 43.1 million square meters. m.
At the same time, paper production increased by 72% – up to 381 tons.
At the same time, in August, the production of corrugated packaging by the factory decreased by 9% compared to August 2021, to 6.9 million square meters. m, paper and cardboard – by 2%, up to 8.1 thousand tons.
The Ponikovskaya Factory (formerly the Ponikovsky Cardboard and Paper Mill), once the largest manufacturer of school notebooks, currently has one main production – paper and cardboard, mainly produces corrugated packaging, as well as wrapping, waste paper.
The factory is part of the United Cardboard Company-Ukraine (UCC, Lutsk), whose production assets include, in particular, Lutsk KBF-Ukraine (Volyn region), which reduced the production of cardboard by 22% in January-August – to 33, 4 thousand tons.
As reported with reference to data collected by the association from industry companies, in January-August, taking into account the fact that a number of enterprises in the industry were either destroyed or damaged or located in the occupied territory, the production of paper and cardboard in Ukraine decreased by 43.2% compared to with the same period last year – up to 336.7 thousand tons, corrugated packaging – by 42.2%, up to 282.3 million square meters. m.

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