Business news from Ukraine

Business news from Ukraine

Zhidachevsky pulp and paper mill increases output by 23.6%

15 December , 2022  

Zhydachiv Pulp and Paper Mill (ZhPPM, Lviv region), which is part of Osnova Holding, increased its output by 23.6% in January-November 2022 compared to the same period of 2021, to UAH 463.5 million.
According to the statistic data given to “Interfax-Ukraine” agency by association “UkrPapir”, thus for 11 months the plant managed to increase this index in comparison with the rate of production increase of the similar period of last year (for 10 months of 2022 it was 21.7% to January-October 2021).
The production of corrugated cardboard boxes is keeping a stable positive dynamics, having increased by 33,7% – up to 17,8 mln. sq. m. Production of containerboard (including corrugated paper) decreased by 13.8% – to 11.8 thousand tons.
At the same time, there was a significant reduction in paper output – down 39.5% to 3,700 tons.
As reported with reference to the Association, in January-November, the total production of paper and cardboard in Ukraine decreased by almost 44% compared to the same period last year – up to 459 tons, corrugated board – by 41.4%, to 404.3 million square meters.
At the same time, the largest Ukrainian producer of corrugated packaging – Rubizhne CPC received damage as a result of Russian aggression and stopped, but its subsidiary in the Kiev region – Tripol packing plant continues to work. According to UkrPapir, over 11 months it produced 1.99 billion UAH worth of products, and corrugated packaging produced 114 million square meters (the second figure after the Kiev KBK).
ZHBK suspended production with the start of the Russian military invasion, but production was resumed in March.
According to the Association, another plant within the Osnova holding, the Izmail Pulp and Paperboard Mill (Odessa region), increased its output by 1% to 213 mln hryvnias in January-November. In volume production of containerboard decreased by 35.9% to 7 thousand tons, corrugated packaging decreased by 43.5% to 10.8 million square meters.

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