Business news from Ukraine

Business news from Ukraine

Volume of marketable products of Kyiv Cardboard and Paper Mill in January-August amounted to more than UAH 5 bln.

16 September , 2024  

The volume of marketable products of Kyiv Cardboard and Paper Mill (Kyiv KBC, Obukhiv, Kyiv region), the leader of the industry in Ukraine by this indicator, in January-August 2024 amounted to almost 5 billion 112 million UAH, which is 3.4% more than in the same period of 2023, according to the statistics of the association “UkrPapir”. As reported, the mill has moved to positive dynamics of production volume following the results of the first quarter, while in January-February there was a slight decrease in this indicator.

According to the statistics of UkrPapir, provided to the Interfax-Ukraine agency, in physical terms, the production of corrugated boxes at the mill slightly decreased to 147.8 million square meters, which consistently remains the best indicator in the industry.

Cardboard output decreased by almost 8% to 102.4 thousand tons, including production of containerboard decreased by 7.7% to 84 thousand tons and boxboard by 8% to 18.4 thousand tons.

Production of base paper for sanitary and hygienic products increased by 6.4% to 30.9 thousand tons, and the output of toilet paper in rolls increased by 6.3% to 175.3 million pieces.

The mill is steadily leading in the production of toilet paper in Ukraine – in the first eight months of 2024, the main enterprises of the industry produced a total of 422.4 million rolls, which is 7.2% more than in the same period last year.

According to the association’s data received from the main industry enterprises, in January-August 2024 in Ukraine the output of paper and cardboard increased by 3% by the same period of 2023 – up to 390.5 thousand tons, cardboard boxes – by 17%, up to 384.3 million square meters.

Kiev KBC is the parent company of the group of companies of the same name, one of the largest enterprises in Europe for the production of cardboard and paper products with a staff of more than 2.5 thousand people.

It has, in particular, a cardboard production facility with a capacity of 240 thousand tons per year and a corrugated packaging plant with a capacity of 355 million square meters, as well as a production facility for base paper and finished products with a capacity of 70 thousand tons of base paper annually.

According to the mill, since 2022, the Austrian owner Pulp Mill Holding GMBH has invested almost EUR15m in production modernization projects, and over EUR 360m over the entire period.

As reported, in 2023 the mill produced UAH 7 bln 568 mln worth of products, which is 1.8% more than a year earlier.