In January-September 2023, Zhydachiv Pulp and Paper Mill (ZhPPM, Lviv region) produced products worth UAH 397.8 million, up 6.5% compared to the same period in 2022.
According to statistics provided to Interfax-Ukraine by UkrPapir Association, in physical terms, corrugated packaging output increased by 18% to almost 17 million square meters, containerboard by 22.4% to 12.1 thousand tons, and paper by 9.6% to 3.3 thousand tons.
In particular, in September, the plant increased its production of paper and cardboard by 4.7% to 1.7 thousand tons by September 2022, and corrugated packaging by 10.3% to 1.83 million square meters. Compared to August this year, paper and cardboard production decreased by 20%, and corrugated packaging by 6.5%.
Zhytomyr Pulp and Paper Mill has a paper production capacity (base paper for corrugation, linerboard, cover paper) of 43 thousand tons per year, cardboard production capacity of 50 thousand tons, corrugated cardboard and corrugated packaging capacity of 120 million square meters, and cast containers (tray for 30 eggs) capacity of 72 million units per year.
As reported with reference to the association’s data obtained from the main industry enterprises, in the first nine months of the year, Ukraine produced 405.3 thousand tons of paper and cardboard (9.8% more than in the same period in 2022), and 379.6 million square meters of cardboard boxes (17.7% more).
In 2022, Zhydachiv Pulp and Paper Mill produced goods worth UAH 510.8 million, up 23.1% year-on-year, while net profit increased by 67.5% to UAH 41.76 million.
LLC “Cardboard and Paper Company” (Lviv), a major Ukrainian manufacturer of cardboard sleeves and sanitary-hygienic products, in January-September 2023 increased its output by 13.2% to UAH 965.6 mln ($965.6 mln) compared to the same period of 2022.
According to the statistical data of UkrPapir Association provided to Interfax-Ukraine, in physical terms the company increased the output of cardboard products by 1.9% – up to 20.5 thousand tons, paper-base for sanitary-hygienic products by 5.1% – up to 5.7 thousand tons. Output of toilet paper in rolls increased by 50% to 4.5 mln pieces.
At the same time, in September the company increased output of paper and cardboard by 6% compared to the same month last year – up to 3.13 thousand tons, which is also 2% more than in August this year.
Cardboard and Paper Company LLC produces products and semi-finished products from recovered paperboard (cardboard sheets, corners, sleeves), pulp and recycled waste paper (toilet paper, towels, napkins TM Papero). Supplies products to EU countries, among others.
Customers include Biosphere, Arterium, Nestle, Khlebprom, and Yarich.
As reported, in 2022, the factory, without suspending work during the year, increased the volume of marketable products by 51.5% compared to 2021 – up to 1 billion 186 million UAH. Net profit tripled to UAH 263.7 mln.
In January-September 2023, the volume of commercial output of Kyiv Cardboard and Paper Mill (Kyiv Pulp and Paper Mill, Obukhiv, Kyiv region), Ukraine’s industry leader in this indicator, amounted to UAH 5 billion 566.3 million, up 6.1% compared to the same period in 2022.
According to statistics provided by UkrPapir Association to Interfax-Ukraine, the plant’s production of corrugated boxes increased by 23.7% in volume terms, to 168.3 million square meters. Cardboard output increased by 9.2% to 124.8 thousand tons, driven by a 15.5% increase in containerboard output to 102.7 thousand tons, while boxboard output decreased by almost 13% to 22.1 thousand tons.
At the same time, the output of base paper for sanitary and hygiene products maintained a negative trend: in January-September, it decreased by 24% to 33.3 thousand tons, and the production of toilet paper in rolls also decreased by 24% to 188.17 million units.
Despite the decline in toilet paper production, the plant maintains a strong leadership in toilet paper production in Ukraine. In total, in the first nine months of 2023, the country’s major enterprises produced 444.63 million rolls (down 1.4%).
According to statistics, in September of this year, Kyiv Pulp and Paper Mill increased production of corrugated boxes by 13.2% to 19.6 million square meters by September 2022, and paper and cardboard by 1.3% to 18.1 thousand tons.
According to the association’s data from major industry players, in January-September this year, Ukraine recorded a 9.8% increase in paper and cardboard production (up to 405.3 thousand tons) and a 17.7% increase in cardboard boxes (up to 379.6 million square meters).
Kyiv Pulp and Paper Mill is one of Europe’s largest cardboard and paper products producers, employing over 2,500 people.
As reported, in 2022, the mill produced UAH 7 billion 432 million worth of products, which is 3.5% less than in 2021.
Mining company Ferrexpo plc with assets in Ukraine produced 3.218 million tons of pellets in January-September this year, down 42.9% year-on-year (5.637 million tons).
According to the company’s announcement on Thursday, pellet production in the third quarter of 2023 increased by 17% to 1.251 million tons compared to the previous quarter.
In 2023, only pellets with an iron content of 65% were produced.
At the same time, the total production of marketable products (pellets and iron ore concentrate) for 9 months of this year amounted to 3.475 million tons. Including the production of commercial concentrate in January-September 2023 amounted to 257 thousand tons.
As reported, in 2022, Ferrexpo produced 6.053 million tons of pellets, which is 46% less than in 2021. At the same time, pellet production in the fourth quarter of 2022 decreased by 86% compared to the fourth quarter of 2021, and by 50% to 417 thousand tons by September-December 2022.
In 2022, production of premium pellets with 65% iron content amounted to 5.7 million tonnes (down 47%), including 417 thousand tonnes in the fourth quarter (down 28% quarter-on-quarter and 86% year-on-year). Last year’s production of direct reduced iron pellets (DRI, 67% iron) amounted to 353 thousand tons (down 18% by 2021), which were not produced in the fourth quarter of 2022.
No pellets with 62% iron content were produced in 2022.
At the same time, the total production of commercial products (pellets and iron ore concentrate) in 2022 decreased by 46% to 6.177 million tons, in the fourth quarter compared to the third quarter – by 49%, and by Q4 2021 – by 85%, to 457 thousand tons. In particular, the production of salable concentrate last year decreased by 47% to 124 thousand tons, including 40 thousand tons in the fourth quarter of 2022 (down 38% quarter-on-quarter and up 3% year-on-year).
Total annual sales in 2022 amounted to 6.2 million tons, down 46% compared to 2021.
Ferrexpo is an iron ore company with assets in Ukraine.
Ferrexpo owns 100% of Yeristovo Mining, 99.9% of Bilanivsky GOK and 100% of Poltava Mining.
Ukrgasvydobuvannya JSC has launched five more wells with a daily increase in production of 0.5 million cubic meters of natural gas, the company’s press service reports.
According to the press service, four of the five wells were drilled in “old” fields 45-55 years old. One more is a new field: gas from it first entered the Ukrainian gas transportation system this month.
“To achieve our production growth targets, we combine the use of modern technologies to discover new deposits at already depleted fields and increase investments in research and development of new areas,” said Oleg Tolmachev, Head of UGV.
This approach at one of the old fields has increased daily gas production by 35% over the past two years, and at another by almost 50%.
“The rest of the fields, thanks to the use of modern technologies, have received a new life – they demonstrate stabilization of indicators and the possibility of potential production growth,” the company said.
As reported, since the beginning of the year, UGV has commissioned 58 new gas wells with a total average daily production rate of 5.3 million cubic meters.
The company aims to increase natural gas production by 1 bcm in 2023 to 13.5 bcm. In 2022, UGV produced 12.5 bcm of natural gas (commercial), which is 3% less than in 2021.
NJSC Naftogaz of Ukraine owns 100% of Ukrgasvydobuvannya shares.
Financial-industrial group TAS plans to invest at least $30-40 million in the development of its own production and land bank in 2024, TAS Group founder Serhiy Tigipko said in an interview with Forbes-Ukraine on Wednesday.
“So far we are looking at what gives synergy. This is our own production, primarily in Ukraine. But we are watching the market, if any interesting enterprises will appear. We are definitely ready to invest in agriculture – in the land bank, first of all. This is a strategy for us,” he said.
Tigipko added that he is looking out for investments in processing, which the group has not yet engaged in. “Where exactly we will go, we do not know yet to the end,” – said the founder of the group “TAS”.
The businessman also said that among the plans for 2024 is to increase the production of apple concentrate.
“We want to increase the export volume of apple concentrate. We plan to invest in one of the two plants, and if everything succeeds, to double production,” Tigipko added.
At the same time, according to the founder of TAS Group, logistics currently “eats up” a large share of funds. He noted that his own logistics company mitigates the situation, but the issue of logistics remains complicated, so the group is studying the possibility of acquiring a European transportation company.
“We are considering buying a European transportation company. This will allow to link the supply chain for the client – both in Ukraine and the EU,” he said.
Financial and industrial group “TAS” was founded in 1998 by businessman Serhiy Tihipko. Its business interests include the financial sector (banking and insurance segments) and pharmacy sector, as well as industry, real estate and venture projects.
