Business news from Ukraine

Business news from Ukraine

Kokhava Paper Mill accelerates production growth rate to 67%

In January-August 2024, Kokhavyno Paper Mill (KPM, Lviv region), which produces sanitary paper products, increased its production by 67.4% year-on-year to UAH 1 billion 279 million, according to statistics from UkrPapir Association.
As reported, in the first seven months of the year, the mill’s production growth was 61.1%, and in the first six months of the year it was 54.5% compared to the same period last year.
According to the association’s statistics provided to Interfax-Ukraine, the production of the base paper for sanitary products at the mill increased by 34.8% to 37.7 thousand tons over the eight months.
The production of toilet paper in rolls remained at the last year’s level – 90.4 million units. KPF confidently ranks second in terms of its output after Kyiv CPP.
As reported, in October last year, Kokhava Pulp and Paper Mill put into operation a paper machine for the production of cellulose base paper (previously, it produced only waste paper-based products). To organize such production in 2021, the mill attracted a EUR 13.8 million loan from the EBRD.
Kokhava Pulp and Paper Mill, which has been operating since 1939, produces base paper for sanitary and hygiene products, as well as toilet paper and paper towels. Before the new machine was put into operation, the mill had two pulp mills with a total capacity of 40 thousand tons of base paper per year.
In 2023, the plant increased its production by 18% compared to 2022 to UAH 1 billion 151.2 million, while net profit increased 2.7 times to UAH 137 million.

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Kokhava Paper Mill accelerated its production growth rate to 61%

Kokhavyn paper mill (KBF, Lviv region), which produces sanitary and hygienic paper products, in January-July 2024 increased its output by 61.1% against the same period of 2023 – up to UAH 1 billion 069 million, according to the statistics of the association “UkrPapir”.
As reported, at the end of the half-year the factory’s production growth amounted to 54.5% to the same period last year.
According to the statistical data of the association provided to Interfax-Ukraine, in physical terms, the production of paper-base for sanitary-hygienic products at the factory for seven months increased by 33.6% – up to 32.5 thousand tons.
The output of toilet paper in rolls increased by 1.5% to 80.1 million pieces. KPF confidently ranks second in its output after Kyiv PPC.
As it was reported, in October 2023 Kokhava BF commissioned a paper machine for production of cellulose base paper (earlier they produced only on recovered paper basis). KBF attracted EUR13.8 mln loan from EBRD to organize such production in 2021.
Kokhavinskaya PF, which has been operating since 1939, produces backing paper for sanitary goods, as well as toilet paper and paper towels. Prior to the commissioning of the new machine, it had two PPMs with a total capacity of 40,000 tons of backing paper per year.
In 2023, the mill increased its output by 18% compared to 2022 – up to UAH 1 bln 151.2 mln, net profit increased 2.7 times – up to UAH 137 mln.

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Kokhava Paper Mill accelerates production growth rate to 55%

In January-June 2024, Kokhava Paper Mill (KBF, Lviv region), which produces sanitary paper products, increased its production by 54.5% year-on-year to UAH 869.64 million, according to statistics from UkrPapir Association.

In the first five months of this year, the mill’s production growth rate was 45.1% compared to the same period last year.

According to UkrPapir’s statistics provided to Interfax-Ukraine, the company’s production of the base paper for sanitary products increased by 30.7% to 27.2 thousand tons.

Production of toilet paper in rolls increased by 1.4% to 68 million units. KBF is confidently ranked second in terms of its output after Kyiv pulp and paper mill.

As reported, in October 2023, Kokhava Pulp and Paper Mill put into operation a paper machine for the production of cellulose base paper (previously, it produced products only on a waste paper basis). To organize such production in 2021, the CF attracted a EUR 13.8 million loan from the EBRD.

Operating since 1939, the Kokhavynsk Pulp and Paper Mill produces base paper for sanitary and hygiene products, as well as toilet paper and paper towels. Before the new machine was put into operation, the mill had two paper machines with a total capacity of 40 thousand tons of base paper per year.

In 2023, the plant increased its production by 18% compared to 2022, to UAH 1 billion 151.2 million, and its net profit increased 2.7 times to UAH 137 million.

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Kokhava Paper Mill accelerates production growth rate to 45%

In January-May 2024, Kokhava Paper Mill (KBF, Lviv region), which produces sanitary paper products, increased its production by 45.1% year-on-year to UAH 678.9 million, according to statistics from Ukrpapir Association.

Earlier, in the first four months of the year, the company’s production growth rate was 38.2% compared to the same period in 2023.

According to the data provided to Interfax-Ukraine, in physical terms, the production of the base paper for sanitary products increased by 27% to 22.1 thousand tons.

Production of toilet paper in rolls increased by 4.6% to 58.2 million units. KBF is confidently ranked second in terms of its output after Kyiv pulp and paper mill.

As reported, in October last year, Kokhava Pulp and Paper Mill put into operation a paper machine for the production of pulp base paper (previously, it produced only waste paper-based products). To organize such production in 2021, the CF raised EUR 13.8 million in a loan from the European Bank for Reconstruction and Development (EBRD).

Operating since 1939, the Kokhavynske Paper Mill produces base paper for sanitary and hygiene products, as well as toilet paper and paper towels. Before the new machine was put into operation, the mill had two paper machines with a total capacity of 40 thousand tons of base paper per year.

In 2023, the factory increased its production by 18% compared to 2022, to UAH 1 billion 151.2 million, and its net profit increased 2.7 times to UAH 137 million.

Kokhava Paper Mill to pay UAH 6.85 mln in dividends for 2023

In the period from June 17 to October 24 this year, the shareholders of Kokhavynska Paper Mill JSC (KPM, Lviv region) will be paid dividends for 2023 totaling UAH 6.852 million out of the net profit of UAH 137.043 million.

According to the company’s publication in the disclosure system of the National Securities and Stock Market Commission (NSSMC), the relevant decision was made by the general meeting of shareholders on April 25.

Dividends will be paid in the amount of UAH 2.41 per share with a par value of UAH 0.25.

According to the NSSMC data for the first quarter of 2024, almost 12% of the company’s authorized capital belongs to the chairman of the supervisory board Mykhailo Tytykalo, his daughter and member of the SB Larysa Tytykalo – 8.49%, his granddaughter Maria Goryanskaya – 10%, Tamara Tytykalo – 15.5%, members of the Supervisory Board Oleksandr Teletkov, Igor Kostyrko and Roman Pirig – more than 11.12% and 11.92% and 7.88%, respectively, and Oksana Serembytska – 7.88%.

The authorized capital of the company is UAH 711.83 million, divided into 2 million 847 thousand 328 shares.

Operating since 1939, Kokhavynka Paper Mill produces base paper for sanitary and hygiene products, as well as toilet paper and paper towels under the Kokhavynka trademark (made from waste paper) and the Kokhavynska Papirnya and Mildi trademarks (cellulose).

As reported, in 2023, the factory increased its production by 18% compared to 2022, to UAH 1 billion 151.2 million. Net profit increased 2.7 times.

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Kokhava Paper Mill accelerates production growth to 23% in 3 months

In January-March 2024, Kokhava Paper Mill (KPM, Lviv region), which produces sanitary paper products, increased its production by 23% year-on-year to UAH 343 million, according to statistics from Ukrpapir Association.
Earlier it was reported that in January-February, the mill increased this figure by 12.8% compared to the same period in 2023.
According to the data provided to Interfax-Ukraine, in physical terms, the production of the base paper for sanitary products increased by 16.4% to 12 thousand tons.
Production of toilet paper in rolls increased by 12.5% to 37.7 million units. KBF is confidently ranked second in terms of its output after Kyiv pulp and paper mill.
As reported, in October last year, Kokhava Pulp and Paper Mill put into operation a paper machine for the production of pulp base paper (previously, it produced only waste paper-based products). To organize such production in 2021, the CF attracted a EUR 13.8 million loan from the EBRD.
Operating since 1939, the Kokhavynsk Pulp and Paper Mill produces base paper for sanitary and hygiene products, as well as toilet paper and paper towels. Before the new machine was put into operation, the mill had two paper machines with a total capacity of 40 thousand tons of base paper per year.
In 2023, the plant increased its production by 18% compared to 2022, to UAH 1 billion 151.2 million, and its net profit increased 2.7 times to UAH 137 million.