Business news from Ukraine

Business news from Ukraine

Kyiv Pulp and Paper Mill increased production by 9%

In January-August 2023, the volume of commercial output of Kyiv Cardboard and Paper Mill (Kyiv Pulp and Paper Mill, Obukhiv, Kyiv region), Ukraine’s industry leader in this indicator, amounted to UAH 4 billion 941.4 million, up 9% compared to the same period in 2022.

According to statistics provided by UkrPapir Association to Interfax-Ukraine, the plant’s production of corrugated boxes increased by 25.2% in volume terms, to 148.7 million square meters. Cardboard output increased by 10.4% to 111 thousand tons, driven by a 16.6% increase in containerboard production to 91 thousand tons, while boxboard production decreased by 11.2% to 20 thousand tons.

At the same time, according to UkrPapir, the output of the base paper for sanitary and hygiene products remains negative: in January-August, it decreased by almost 27% to 29 thousand tons, while the production of toilet paper in rolls decreased by 25.6% to 194.95 million units.

Despite the decline in toilet paper production, the plant maintains a strong leadership in its production in Ukraine. In total, in the first eight months of 2023, the country’s major enterprises produced 393.84 million rolls (down 2%).

According to the industry association’s data from the main industry enterprises, in January-August this year, Ukraine recorded a 10.2% increase in paper and cardboard production (up to 361.56 thousand tons) and an 18.3% increase in cardboard boxes (335.19 million square meters).

Kyiv Pulp and Paper Mill is one of Europe’s largest cardboard and paper products producers, employing over 2,500 people.

As reported, in 2022, the mill produced UAH 7 billion 432 million worth of products, which is 3.5% less than in 2021.

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