Business news from Ukraine

Business news from Ukraine

“Poninkovskiy CBF-Ukraine” increased production of corrugated packaging by 35.5%

24 June , 2023  

A major Ukrainian producer of corrugated board – Poninkovsky Cardboard and Paper Mill-Ukraine (PKBF-Ukraine, Khmelnitsky region) in January-May increased the production of corrugated packaging by 35.5% compared with the same period in 2022 – up to 33.5 million square meters.
According to statistical data provided to Interfax-Ukraine agency by UkrPapir association, thus, the factory continues to be in the top three after Kyiv Cardboard and Paper Mill and Trypillya Packaging Mill in the production of these products.
According to statistics, in January-May the production of paper at the factory also increased by 13% to 0.27 thousand tons and containerboard – by 29.7% to 30 thousand tons.
At the same time in May, production of corrugated boxes Ponikovsky CBF increased by 26.2% compared to May 2022, to 7.2 million square meters, and paper and cardboard – by 10.8% to 7 thousand tons.
According to “UkrPapir” statistics, in January-May Poninkovsky CBF-Ukraine produced goods for more than 1 billion UAH – by 34% more than a year earlier.
As reported with reference to the data collected by the Association from the major enterprises of the industry, the five months in Ukraine produced 218.6 tons of paper and cardboard (12% more), and 197.3 million square meters of cardboard boxes (+21.4%).
Poninkovsky factory (formerly – Poninkovsky Cardboard and Paper Mill), once the largest manufacturer of school notebooks, now has one main production – paper and cardboard, mainly produces corrugated cardboard and corrugated packaging, as well as wrapping, waste paper.
The mill is part of the United Carton Company-Ukraine (UCCU, Lutsk), whose production assets include, in particular, the Lutsk Cardboard Mill-Ukraine (Volyn region), which in January-May (according to “UkrPapir”) produced 22.9 thousand tons of various cartons – 37.5% more.
Businessman Mykola Lobov is listed as the beneficiary in the Unified State Register of Legal Entities and Individual Entrepreneurs.
As it was reported, in 2022 Poninkovska CBF-Ukraine produced goods for 2 billion 446 million UAH – 6.5% more than a year earlier.