Business news from Ukraine

Business news from Ukraine

Kyiv KBC increased its production volume by 13%

The volume of marketable output of Kyiv Cardboard and Paper Mill (Kyiv KBC, Obukhiv, Kyiv region), the leader of the Ukrainian industry by this indicator, amounted to UAH 3 billion 673.5 million in January-June 2023, which is 13.2% more than in the same period of 2022.

According to the statistics of the UkrPapir association provided to Interfax-Ukraine, in physical terms, the mill’s production of corrugated boxes increased by 30.4% to 108.24 million square meters. Cardboard output increased by 16.5% to 81.58 thousand tons, due to a 27.2% increase in production of containerboard to 66.91 thousand tons, while boxboard output decreased by almost 16% to 14.67 thousand tons.

On its Facebook page, the mill also reported that the installation of an automated Versor machine for gluing silicone and tear-off tape to produce a new type of product has been completed at the corrugated packaging production facility. Installation of folding and gluing line equipment is underway to expand production capabilities.

At the same time, according to “UkrPapir”, the production of base paper for sanitary-hygienic products, keeps negative dynamics: in January-June it decreased by 30.5%, to 21.08 thousand tons, while the production of toilet paper in rolls decreased by 29%, to 120.08 million pieces.

Despite the decline in toilet paper production, the mill maintains its leadership in its output in Ukraine. In general, for the first half of the year the main enterprises of the industry in Ukraine produced more than 289 million rolls (6% less).

As previously reported, the mill earlier noted that the market of sanitary-hygienic products in Ukraine has decreased by 18-35%, taking into account the general state of the economy, population reduction.

According to the data of the profile association, received from the main industry enterprises, in January-June 2023 in Ukraine recorded an increase in production of paper and cardboard by 9.8% (260.55 thousand tons), as well as by 18.3% – cardboard boxes (239.31 million square meters).

Kiev KBC is one of the largest enterprises in Europe for the production of cardboard and paper products with a staff of more than 2.5 thousand people.

As reported, in 2022 the mill produced UAH 7 bln 432 mln – 3.5% less than in 2021.

,