Business news from Ukraine

Business news from Ukraine

TPK increases corrugated packaging output by 13.3% in 2024

Trypillia Packaging Plant (TPK, Ukrainka, Kyiv region), a subsidiary of Rubizhne Cardboard and Packaging Plant, which has stopped operations in Luhansk region, increased its corrugated packaging output by 13.3% in 2024 compared to 2023, to 165.2 million square meters.

According to statistics provided to Interfax-Ukraine by UkrPapir Association, by the end of the year the mill slowed down the growth rate of this indicator slightly compared to the same period in 2023: in 11 months it was 16.4%, and in ten months it was 20%.

At the same time, TPK steadily retains its second place in corrugated packaging production in Ukraine after Kyiv Cardboard and Paper Mill (228.3 million square meters).

According to the association, in December 2024, TPK reduced corrugated packaging production by 14% compared to December 2023, but increased by 6% compared to November 2024, to 12.8 million square meters.

In monetary terms, TUC’s production increased by almost 10% last year to UAH 2 billion 726 million.

As reported, the main enterprises of the industry, which provided data to Ukrpapir Association, increased the production of cardboard boxes by 12.3% in 2024 to 590.1 million square meters, but compared to the pre-war year 2021, their production decreased by 21.8%.

Earlier it was reported that before Russia’s full-scale invasion of Ukraine, Rubizhne Cardboard Processing Plant, together with TPK, was the leading corrugated packaging producer in Ukraine.

After the destruction in Rubizhne, the plant shut down, and the legal entity Rubizhne CPP was re-registered in Kyiv.

TPK produces a wide range of corrugated cardboard products for food, industrial goods, and chemicals. Among its customers are Roshen, Coca-Cola, MHP agricultural holding, and Lactalis Group.

In 2023, the plant increased its commercial output by 13.7% compared to 2022, to UAH 2 billion 480 million, while corrugated packaging production increased by 18%, to 145.8 million square meters.

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Trypillia PK increases corrugated packaging output by almost 20%

Trypillia Packaging Plant (TPK, Ukrainka, Kyiv region), a subsidiary of Rubizhne Cardboard and Packaging Plant, which stopped operations in Luhansk region, increased its corrugated packaging output by 19.7% in January-September compared to the same period in 2023, to 123.62 million square meters.
According to UkrPapir statistics provided to Interfax-Ukraine, the mill is now the second largest producer of corrugated packaging after Kyiv Cardboard and Paper Mill (166.7 million square meters).
According to the association, in September, TPK increased its corrugated packaging production by 10.6% year-on-year and by 1% year-on-year to 14.4 million square meters.
In monetary terms, the TPC’s production volume in January-September increased by 12.3% to UAH 2 billion 026 million.
The main companies in the industry that provided data to Ukrpapir Association increased their production of cardboard boxes by 15.6% to 434.6 million square meters during this period.
Earlier it was reported that before Russia’s full-scale invasion of Ukraine, Rubizhne Pulp and Paper Mill together with TPK were the leaders among corrugated packaging producers in Ukraine.
After the destruction, the plant in Rubizhne shut down, and the legal entity Rubizhne CPP was re-registered in Kyiv.
TPK produces a wide range of corrugated cardboard products for food, industrial goods, and chemicals. Among its customers are Roshen, Coca-Cola, MHP agricultural holding, and Lactalis Group.
In 2023, the plant increased its commercial output by 13.7% compared to 2022, to UAH 2 billion 480 million, while corrugated packaging production increased by 18% to 145.8 million square meters.

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“Poninkivska CPPF-Ukraine” increases corrugated packaging production by 19%

Poninkivska Cardboard and Paper Mill-Ukraine (PKPF-Ukraine, Khmelnytsky region), a major Ukrainian corrugated cardboard producer, increased its corrugated packaging output by 19% in January-August 2024 compared to the same period in 2023, to 63.64 million square meters.
According to statistics provided to Interfax-Ukraine by Ukrpapir Association, the mill continues to be one of the top three producers of corrugated packaging after Kyiv Cardboard and Paper Mill and Trypillia Packaging Plant.
Over eight months, the company also increased its production of containerboard (including corrugated paper) by 4.1% to 51.3 thousand tons, and produced more paper by 75% to 0.72 thousand tons.
In monetary terms, in January-August, PCBF-Ukraine produced products worth UAH 1 billion 742.5 million (+16.5%).
As reported with reference to the data collected by the association from the main enterprises of the industry, in January-August 2024, the production of paper and cardboard in Ukraine increased by 3% compared to the same period in 2023 – up to 390.5 thousand tons, cardboard boxes – by 17%, to 384.3 million square meters.
Poninkivska Paper Mill (formerly Poninkiv Cardboard and Paper Mill), once the largest producer of school notebooks, now has one main production line – paper and cardboard, producing mainly corrugated cardboard and corrugated packaging, as well as wrapping and waste paper.
The plant is part of the United Cardboard Company-Ukraine (UCC, Lutsk) owned by businessman Mykola Lobov, whose production assets include, among others, Lutsk KPF-Ukraine (Volyn region), which produced 41.4 thousand tons of various cardboard in eight months (according to Ukrpapir), almost the same as last year, and 31.8 million square meters of corrugated boxes, compared to 2.7 million square meters a year earlier.
As reported, in 2023, PCBF-Ukraine produced products worth almost UAH 2 billion 450 million, up 3% year-on-year. Net profit increased 2.7 times to UAH 27 million.

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Trypillia Packaging Plant increases corrugated packaging output by 22%

In January-June 2024, Trypillia Packaging Plant (TUP, Ukrainka, Kyiv region), a subsidiary of the shutdown Rubizhne Cardboard and Packaging Plant in Luhansk region, increased its corrugated packaging output by 22.3% compared to the same period in 2023, to almost 80 million square meters.
According to statistics provided to Interfax-Ukraine by Ukrpapir Association, the plant is now the second largest producer of corrugated packaging after Kyiv Cardboard and Paper Mill (109.7 million square meters).
Including in June, TUK increased its corrugated packaging production by 19% year-on-year, but reduced it by 11.7% year-on-year to 12.5 million square meters.
In monetary terms, TUK’s production increased by 11.2% to UAH 1 billion 320 million in the first half of the year.
The major companies in the industry, which provided data to Ukrpapir, increased production of cardboard boxes by 19.4% to 283.3 million square meters during this period.
As reported, before Russia’s full-scale invasion of Ukraine, Rubizhne Pulp and Paper Mill together with TUK were the market leaders in the corrugated packaging market in Ukraine.
After the destruction, the plant in Rubizhne shut down, and the legal entity Rubizhne CTC was re-registered in Kyiv.
TUC produces a wide range of corrugated cardboard products for food, industrial goods, and chemicals.
Among its customers are Roshen, Coca-Cola, MHP agricultural holding, and Lactalis Group.
In 2023, the plant increased its commercial output by 13.7% compared to 2022, to UAH 2 billion 480 million, while corrugated packaging production increased by 18% to 145.8 million square meters.

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Trypillia Packaging Plant accelerates corrugated packaging output growth to 12% in January

Trypillia Packaging Plant (TUP, Ukrainka, Kyiv region), a subsidiary of Rubizhne Cardboard and Packaging Plant, which has stopped operations in Luhansk region, increased corrugated packaging output by 12.3% in January-February compared to the same period in 2023, to 25.8 million square meters.

According to statistics provided to Interfax-Ukraine by UkrPapir Association, the mill accelerated the growth rate of corrugated packaging output, which in January was 5% compared to January 2023.

In February, TUK increased its corrugated packaging production by 21% year-on-year.

The plant consistently ranks second in corrugated packaging production after Kyiv Cardboard and Paper Mill (33.4 million square meters).

Due to the growth in corrugated packaging production, the plant has achieved a positive production growth in monetary terms over the past two months, producing UAH 435.35 million worth of products (up 0.1%), while in January the decline was 6.6%.

As reported, the major companies in the industry, which provided data to UkrPapir, increased production of cardboard boxes by 12.3% to 87.3 million square meters in January-February.

As reported, before Russia’s full-scale invasion of Ukraine, Rubizhne Pulp and Paper Mill, together with TUK, were the leading corrugated packaging producers in Ukraine.

After the destruction, the plant in Rubizhne shut down, and the legal entity Rubizhne CTC was re-registered in Kyiv.

TUC produces a wide range of corrugated cardboard products for food, industrial goods and chemicals. Among its customers are Roshen, Coca-Cola, MHP agricultural holding, and Lactalis Group.

In 2023, Trypillia Paper Mill increased its sales volume by 13.7% compared to 2022, to UAH 2 billion 480 million, while corrugated packaging production increased by 17.9% to 145.8 million square meters.

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“Poninkovskaya KBF-Ukraine” increased corrugated packaging production by 20% in January

In January, Poninkivska Cardboard and Paper Mill-Ukraine (PCPM-Ukraine, Khmelnytsky region), a major Ukrainian corrugated cardboard producer, increased its corrugated packaging output by 20% compared to January 2023, to 6.85 million square meters.

According to Ukrpapir Association statistics provided to Interfax-Ukraine, the plant continues to be one of the top three producers of corrugated packaging after Kyiv Cardboard and Paper Mill and Trypillia Packaging Mill.

Last month, the plant also increased production of containerboard by 19.1% to 7.5 thousand tons, and produced 0.08 thousand tons of paper against 0.04 thousand tons a year earlier.

As reported with reference to the data collected by the association from the main enterprises of the industry (since the State Statistics Service stopped providing such data in 2019), in January 2024, the production of paper and cardboard in Ukraine decreased by 7.8% compared to January 2023 – to 53.9 thousand tons, while the production of cardboard boxes increased by 11.3%, to 43.4 million square meters.

In monetary terms, in January, PCBF-Ukraine produced products worth UAH 233.75 million, up 6%.

Poninkivska Paper Mill (formerly Poninkiv Cardboard and Paper Mill), once the largest producer of school notebooks, now has one main production line – paper and cardboard, producing mainly corrugated cardboard and corrugated packaging, as well as wrapping and waste paper.

The plant is part of the United Cardboard Company-Ukraine (UCC, Lutsk) owned by businessman Mykola Lobov, whose production assets include, among others, Lutsk KBF-Ukraine (Volyn region), which produced 5.4 thousand tons of various cardboard (up 7.5%) and 3.2 million square meters of corrugated boxes in January (according to Ukrpapir).

As reported, in 2023, PCBF-Ukraine produced almost UAH 2 billion 450 million worth of cardboard, up 3% year-on-year.

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