Business news from Ukraine

Business news from Ukraine

“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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“Poninkivska CPPF-Ukraine” increases corrugated packaging production by 20%

Poninkivska Cardboard and Paper Mill-Ukraine (PKPF-Ukraine, Khmelnytsky region), a major Ukrainian corrugated cardboard producer, increased its corrugated packaging output by 19.9% in January-July 2024 compared to the same period in 2023, to 55.5 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 Plant.
Over the seven months, the company also increased its production of containerboard by 1.3% to 44.1 thousand tons, and produced more paper by 86.8% to 0.62 thousand tons.
In monetary terms, in January-July, PCBF-Ukraine produced products worth UAH 1 billion 529 million (+15.5%).
As reported with reference to the data collected by the association from the main enterprises of the industry, in January-July 2024, the production of paper and cardboard in Ukraine increased by 4.2% compared to the same period in 2023 – up to 340.35 thousand tons, cardboard boxes – by 18.5%, up to 334.89 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 36.7 thousand tons of various cardboard (4.8% more) and 27.7 million square meters of corrugated boxes in seven months (according to Ukrpapir).
As reported, in 2023, PCPF-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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“Poninkivska CPPF-Ukraine increased corrugated packaging production by more than quarter

In January-October, Poninkivska Cardboard and Paper Mill-Ukraine (PCPF-Ukraine, Khmelnytsky region), a major Ukrainian corrugated cardboard producer, increased its corrugated packaging output by 25.3% compared to the same period in 2022, to 71.2 million square meters.

According to Ukrpapir Association statistics provided to Interfax-Ukraine, the mill continues to be among the top three producers of this product after Kyiv Cardboard and Paper Mill and Trypillia Packaging Plant.

According to statistics, over the past ten months, the mill’s paper production also increased by 29% to 0.65 thousand tons and its containerboard production by 9.2% to 93.9 thousand tons.

At the same time, in October, production of corrugated boxes at PCBF-Ukraine increased by 30% to 7.8 million square meters by October 2022, and paper and cardboard production by 22.5% to 7.2 thousand tons.

In monetary terms, in January-October, PCBF-Ukraine produced more than UAH 962 million worth of products, up 8.8% year-on-year.

As reported with reference to the data collected by the association from the main enterprises of the industry, over ten months in Ukraine, there was an increase in the production of paper and cardboard by 11.4% (to 454.9 thousand tons), and cardboard boxes – by 18.1% (to 428.7 million square meters).

Poninkivske Mill (formerly Poninkivske Cardboard and Paper Mill), once the largest producer of school notebooks, now has one main production facility – 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 54.3 thousand tons of various cardboard (31% more) and almost 10 million square meters of corrugated boxes in January-October (according to Ukrpapir).

As reported, in 2022, PCPF-Ukraine produced products worth UAH 2 billion 446 million, up 6.5% year-on-year.

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