Business news from Ukraine

Business news from Ukraine

Trypillia Paper Mill Reduces Corrugated Packaging Output Growth Rate to 16%

17 December , 2024  

Trypillia Packaging Plant (TPK, Ukrainka, Kyiv region), a subsidiary of the shutdown Rubizhne Cardboard and Packaging Plant in Luhansk region, increased corrugated packaging output by 16.4% in January-November 2024 compared to the same period in 2023, to 152.35 million square meters.
According to Ukrpapir Association statistics provided to Interfax-Ukraine, the mill has thus slightly slowed the growth rate of this indicator compared to the same period in 2023, which was 19-20% in the first 10 and nine months of the year.
At the same time, TPK steadily retains its second place in corrugated packaging production in Ukraine after Kyiv Cardboard and Paper Mill (208.3 million square meters).
According to the association, in November, TPK reduced its corrugated packaging production by 13% year-on-year and by 27% year-on-year to 12.1 million square meters.
In monetary terms, the TPC’s output in January-November increased by 11.4% to UAH 2 billion 494 million.
The main companies in the industry that provided data to Ukrpapir Association increased their production of cardboard boxes by 13.4% to 539.7 million square meters during this period.
Earlier it was reported that before Russia’s full-scale invasion of Ukraine, Rubizhne Pulp and Paper Mill, together with TPP, was the leading producer of corrugated packaging in Ukraine.
After the destruction in Rubizhne, the plant shut down, and the legal entity Rubizhne CPP was re-registered in Kyiv.
TPK produces a wide range of corrugated cardboard products for food, industrial goods, and chemicals. Among its customers are Roshen, Coca-Cola, MHP agricultural holding, and Lactalis Group.
In 2023, the plant increased its commercial output by 13.7% compared to 2022, to UAH 2 billion 480 million, while corrugated packaging production increased by 18% to 145.8 million square meters.