Business news from Ukraine

Business news from Ukraine

Kyivsky paper mill increases production volume by 27.2%

The volume of marketable products of Kyivsky Cardboard and Paper Mill (Obukhiv, Kyiv region), the leader of the Ukrainian industry in this indicator, in January-March 2023 amounted to UAH 1.862 billion, and it was 27.2% more than in the first quarter of 2022.

According to the statistics of the UkrPapir association, provided to Interfax-Ukraine, in this way, the mill, following the results of the quarter, moved to a significant positive dynamics in the increase in production volume (according to the results of January-February, there was a decrease by 2.6%), primarily due to low the comparative base of March 2022 – the first full month of the full-scale aggression of the Russian Federation against Ukraine.

In kind, in March 2023, the production of corrugated boxes rose by 3.7 times compared to March 2022, to 16.9 million square meters, paper and cardboard 3.6 times, to 18,600 tonnes.

With the outbreak of the full-scale war in Ukraine, the mill suspended production, but resumed it in March 2022.

Taking this into account, according to statistics, in January-March of this year, the production of corrugated boxes at the mill grew by 54.6%, to 52.34 million square meters. The output of cardboard rose by 26.2%, to 43,920 tonnes, due to the increase in the output of containerboard by 53.6%, to 36,380 tonnes, while the output of boxboard dropped by 32%, to 7,540 tonnes.

At the same time, the production of base paper for sanitary and hygienic purposes retains a downward trend, although it has slowed down – in January-March it fell by 31% to 10,220 tonnes, while the production of toilet paper in rolls fell by 29%, to 56.54 million.

The mill, despite the reduction in the production of toilet paper, retains leadership in its production in Ukraine: in general, in the first three months, the main enterprises of the industry produced 87.72 million rolls (10% less).

According to the statistics of the profile association received from industry enterprises, in total, in January-March 2023, they produced 131,560 tonnes of paper and cardboard, which is 12.4% more than in the first quarter of 2022, and 115.24 million square meters of cardboard boxes – 23.4% more.

At the same time, in March, the production of corrugated boxes grew by 2.5 times compared to March 2022 to 36.74 million square meters of paper and cardboard three times, to 44,240 tonnes.

Kyivsky Cardboard and Paper Mill is one of the largest enterprises in Europe for the production of cardboard and paper products with a staff of about 2,500 people.

Pulp Mill Holding (Austria) owns 100% of the company’s shares.

, ,