Business news from Ukraine

“Poninkovskaya KBF-Ukraine” increased production by 8%

18 August , 2022  

A major Ukrainian manufacturer of corrugated cardboard – Poninkovskaya Cardboard and Paper Factory-Ukraine (“PKBF-Ukraine”, Khmelnitsky region) in January-July produced products worth UAH 1 billion 238 million, which is 7.7% more than in the same period in 2021.
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 22% – to 40.19 thousand tons, and by 19% the production of corrugated boxes from it – up to 36.78 million sq. m.
At the same time, paper output increased to 327 tons from 64 tons a year earlier.
At the same time, in July, the production of corrugated packaging decreased by 5% compared to July 2021, to 6.8 million square meters. m, paper and cardboard – by 2.7%, up to 7.9 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 also include Lutsk KBF-Ukraine (Volyn region), which reduced the production of cardboard by 22.6% in January-July – to 27.8 thousand tons.
As reported with reference to data collected by the association from industry companies, in January-July, 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 decreased by 46% – to 286.6 thousand tons, corrugated packaging – by 42.8%, up to 242.4 million square meters. m.

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