Business news from Ukraine

Business news from Ukraine

Kyiv Cardboard and Paper Mill slightly reduced production volume

Commodity output of Kyiv Cardboard and Paper Mill (Kyiv CPM, Obukhiv, Kyiv region), the industry leader in Ukraine, in January-February amounted to 1 billion 239.2 million UAH, which is 2.6% less than in January-February 2022.
According to statistics from UkrPapir Association, provided to Interfax-Ukraine Agency, the production of corrugated packaging increased significantly in volume terms – by 21%, to 35.45 mln sq.m. The mill is the leader in this segment.
At the same time, the production of cardboard decreased by 10.3% to 29 tons, primarily due to the more than halving of the boxboard production to 4.75 thousand tons, while the production of containerboard (including corrugated paper) increased by 10.6% to 24.26 thousand tons.
Moreover, the production of base paper for hygiene products decreased by 46% to 6,53 thousand tons, while the production of toilet paper rolls fell by 46.2% to 32.25 million pieces.
Combine, despite the reduction in production of toilet paper, retains leadership in the production of toilet paper in Ukraine: in the past two months the main companies in the industry produced 80.78 million rolls (25% less).
According to statistics from the profile association received from the branch enterprises, in January-February 2023, they produced a total of 87.31 thousand tons of paper and paperboard – 15% less than the almost prewar January-February 2022, and 78.5 million square meters of cardboard boxes – only 0.6% less.
Kiev KBC is one of Europe’s largest cardboard and paper companies, employing about 2.5 thousand people.
As it was reported, in 2022 the mill produced 7 billion 432 million UAH, which is 3.5% less than in 2021.
Pulp Mill Holding (Austria) owns 100% of the company.

Kyiv Cardboard and Paper Mill reduced production by 6% in January

Commodity output of Kyiv Cardboard and Paper Mill (Kyiv Cardboard and Paper Mill, Obukhiv, Kyiv Oblast), the industry leader in Ukraine, in January made UAH 625.54 million, which is 6.4% less than in prewar January 2022.
According to the statistics from UkrPapir Association, provided to Interfax-Ukraine news agency, the corrugated board production increased by 9.3%, to 17.12 mln sqm.
At the same time, cardboard production decreased by 7.6% – to 16.47 tons, including container board production increased by 15.6% to 14 thousand tons, while the production of cardboard boxes decreased by 2.3 times to 2.5 thousand tons.
Production of base paper for sanitary products decreased significantly – more than twice, to 3.6 thousand tons – while production of toilet paper in rolls halved to 16.6 million pieces.
According to statistics from the profile association, received from the branch enterprises, in January this year they produced 48.08 thousand tons of paper and paperboard – 24% less than in prewar January 2022, and 39.33 million square meters of cardboard boxes – 18.2% less.
Kiev KBC is one of the largest cardboard and paper companies in Europe, employing about 2.5 thousand people.
As it was reported, in 2022 the mill produced 7 billion 432 million UAH, which is 3.5% less than in 2021.
At the beginning of February this year, Yuriy Golovchenko, the former director of the recycled materials procurement department, was appointed the chairman of the board of Kyiv KBC JSC instead of Alexander Kravchenko, who had been chairing the board for half a year.
Pulp Mill Holding (Austria) owns 100% of the company.

,