Business news from Ukraine

Business news from Ukraine

PAPER AND BOARD COMPANY SEES 13% RISE IN PRODUCTION

Paper and Board Company (Lviv), the producer of packaging cardboard tubes and hygienic paper products, in January-March 2019 saw a 12.9% rise in production year-over-year, to UAH 151.7 million.
According to the Ukrpapir association, the company increased production of base paper for hygienic paper products by 6% over the period, to 1,530 tonnes, production of box cardboard fell by 9.25, to 5,910 tonnes.
Toilet paper output grew by 23%, to 899,000 rolls. In January-March 2019, production of toilet paper reached 173 million rolls.
Paper and Board Company was established in 1946 on the basis of the production facilities of a small mechanical plant. Currently it produces goods and semi-finished products from waste paper (cardboard sheets, corners, tubes) and pulp paper (toilet paper, towels, napkins).
The company exports its products, in particular to Poland, Germany, France, Austria, Italy, Portugal and Romania.

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KYIVSKY CARDBOARD PAPER MILL PRODUCES GOODS WORTH UAH 5.16 BLN, WHICH IS 17.7% UP YEAR-OVER-YEAR

Kyivsky cardboard paper mill (Obukhiv, Kyiv region), a leader in Ukraine’s pulp and paper industry in terms of production and sales, produced goods worth UAH 5.16 billion in January-November 2018, which was 17.7% up year-over-year. Thus, production growth in January-November 2018 was retained compared to the same period last year, the UkrPapir association said. Corrugated packaging output grew by 8.8%, to 219.9 million square meters, which was the second highest result among producers of corrugated packaging in Ukraine after Rubizhne cardboard packaging mill in Luhansk region (with Trypilsky packaging plant).
Production of cardboard increased 2.9%, to 190,900 tonnes. Production of package cardboard alone grew by 11.4%, to 128,500 tonnes, while box cardboard output fell by 11%, to 62,400 tonnes.
Production of base paper (for sanitary products) stood at 73,500 tonnes, which is 6.4% up. Toilet paper output grew by 5.5%, to 393.8 million rolls.
Corrugated packaging output in total in Ukraine (including other producers) grew by 0.4% January through November 2018, to 879.1 million square meters, that of paper and cardboard increased by 4.3%, to 879,100 tonnes and toilet paper – by 7%, to 590.8 million rolls.
Kyivsky cardboard paper mill is one of the largest cardboard and paper producers in Europe. It employs almost 2,200 people. It sells produce to almost 700 companies in Ukraine, some CIS member states and the rest of the world.

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TIMBER AND PAPER EXPORT FROM UKRAINE SHOW HIGHEST GROWTH IN Q1 2018

Almost all groups of Ukrainian-made commodities demonstrated the growth of exports in the first quarter of 2018 year-over-year, however, exports of timber and paper grew most (by 39%, or $140 million), the Economic Development and Trade Ministry said on its website. “The EU remains the largest trading partner of Ukraine. Exports of goods to the EU during the first quarter of 2018 amounted to $5.07 billion, its share was 44.4% in the total exports of goods from the country,” the ministry said.
Exports of chemicals and related products for the period increased by 29%, or $134 million, those of light industry products grew by 23% ($58 million), metal by 23% ($558 million).
Farm produce and processed food accounted for the largest share of Ukrainian exports (38%), while the share of metallurgy was 26%, that of machine building was 11%, and mineral products 9%, the ministry said.
As reported, in January-March 2018, exports of goods from Ukraine increased by 10.3% year-over-year, to $11.435 billion, while imports grew by 13.2%, to $ 12.636 billion.

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