Business news from Ukraine

CARDBOARD AND PAPER COMPANY RAISES PRODUCTION BY 43%

Cardboard and Paper Company LLC (Lviv), a major Ukrainian manufacturer of cardboard tubes and sanitary and hygienic products, increased production by 43.3% in January-May compared to the same period in 2021 – to UAH 403.7 million.
According to the statistics of the UkrPapir association provided to the Interfax-Ukraine agency, in natural terms, over this period, the company increased the production of paper – the basis for sanitary and hygienic products – by 16.1%, to 26.4 million tonnes, while increasing the production of toilet paper in rolls by 66.4% – to 1.8 million pieces.
At the same time, the output of cardboard products decreased by 4.8% – to 10.43 million tonnes.
According to the statistics of UkrPapir, the factory continued to work all months since the beginning of the year, reducing the production of paper and cardboard in March, but in April and May it already increased their production by 16.4% and 6.7%, respectively (compared to the same months last year).
Cardboard and Paper Company (until 2011 – Lvivkartonoplast) produces goods and semi-finished products from recycled cardboard (cardboard sheets, corners, tubes) and cellulose paper (toilet paper, towels, napkins of White Line and Papero trademarks).
In 2021, the company produced products worth UAH 782.7 million, which is 46.7% more than in 2020.

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