Business news from Ukraine

“Poninkovskaya KBF-Ukraine” increases corrugated packaging production by 22%

“Poninkivska Cardboard and Paper Mill-Ukraine (PCPM-Ukraine, Khmelnytsky region), a major Ukrainian corrugated cardboard producer, increased its corrugated packaging output by 22% in January-May 2024 compared to the same period in 2023, to almost 39 million square meters.

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

Over the five months, the company also increased production of containerboard by 6.7% to 30.9 thousand tons, and produced 1.6 times more paper – 0.42 thousand tons versus 0.26 thousand tons a year earlier.

In monetary terms, in January-May, PCBF-Ukraine produced products worth UAH 1 billion 064 million (+14.2%).

As reported with reference to the data collected by the association from the main enterprises of the industry, the production of paper and cardboard in Ukraine increased by 6.1% compared to the same period in 2023 – up to 240.4 thousand tons, cardboard boxes – by 21.4%, to 237.7 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 KBF-Ukraine (Volyn region), which produced 26.6 thousand tons of various cardboard (16.4% more) and 19.3 million square meters of corrugated boxes in five months (according to UkrPapir).

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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“Poninkovskaya KBF-Ukraine” increased production by 12%

A large Ukrainian manufacturer of corrugated cardboard – Poninkovskaya Cardboard and Paper Factory-Ukraine (“PKBF-Ukraine”, Khmelnytsky region) produced products worth UAH 1 billion 526 million in January-August, which is 12.2% more than in the same period of 2021 of the year.
According to the statistics of the UkrPapir association provided to the Interfax-Ukraine agency, in physical terms, the factory reduced the production of containerboard (including corrugating paper) by 19.2% – to 48.3 thousand tons, and by 17.6% corrugated boxes from it – up to 43.1 million square meters. m.
At the same time, paper production increased by 72% – up to 381 tons.
At the same time, in August, the production of corrugated packaging by the factory decreased by 9% compared to August 2021, to 6.9 million square meters. m, paper and cardboard – by 2%, up to 8.1 thousand tons.
The Ponikovskaya Factory (formerly the Ponikovsky Cardboard and Paper Mill), once the largest manufacturer of school notebooks, currently has one main production – paper and cardboard, mainly produces corrugated packaging, as well as wrapping, waste paper.
The factory is part of the United Cardboard Company-Ukraine (UCC, Lutsk), whose production assets include, in particular, Lutsk KBF-Ukraine (Volyn region), which reduced the production of cardboard by 22% in January-August – to 33, 4 thousand tons.
As reported with reference to data collected by the association from industry companies, in January-August, taking into account the fact that a number of enterprises in the industry were either destroyed or damaged or located in the occupied territory, the production of paper and cardboard in Ukraine decreased by 43.2% compared to with the same period last year – up to 336.7 thousand tons, corrugated packaging – by 42.2%, up to 282.3 million square meters. m.

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“Poninkovskaya KBF-Ukraine” increased production by 8%

A major Ukrainian manufacturer of corrugated cardboard – Poninkovskaya Cardboard and Paper Factory-Ukraine (“PKBF-Ukraine”, Khmelnitsky region) in January-July produced products worth UAH 1 billion 238 million, which is 7.7% more than in the same period in 2021.
According to the statistics of the UkrPapir association provided to the Interfax-Ukraine agency, in physical terms, the factory reduced the production of containerboard (including corrugating paper) by 22% – to 40.19 thousand tons, and by 19% the production of corrugated boxes from it – up to 36.78 million sq. m.
At the same time, paper output increased to 327 tons from 64 tons a year earlier.
At the same time, in July, the production of corrugated packaging decreased by 5% compared to July 2021, to 6.8 million square meters. m, paper and cardboard – by 2.7%, up to 7.9 thousand tons.
The Ponikovskaya Factory (formerly the Ponikovsky Cardboard and Paper Mill), once the largest manufacturer of school notebooks, currently has one main production – paper and cardboard, mainly produces corrugated packaging, as well as wrapping, waste paper.
The factory is part of the United Cardboard Company-Ukraine (UCC, Lutsk), whose production assets also include Lutsk KBF-Ukraine (Volyn region), which reduced the production of cardboard by 22.6% in January-July – to 27.8 thousand tons.
As reported with reference to data collected by the association from industry companies, in January-July, taking into account the fact that a number of enterprises in the industry were either destroyed or damaged or located in the occupied territory, the production of paper and cardboard decreased by 46% – to 286.6 thousand tons, corrugated packaging – by 42.8%, up to 242.4 million square meters. m.

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