Business news from Ukraine

Business news from Ukraine

Zhydachiv Pulp and Paper Mill increases production by 6.5%

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.

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