Business news from Ukraine

Business news from Ukraine

Zhydachevsky Pulp and Paper Mill increased production by 30.1%

17 September , 2022  

Zhydachevsky Pulp and Paper Mill (ZhTsBK, Lviv region), which is part of the Osnova holding, in January-August 2022 increased its production by 30.1% compared to the same period in 2021, to UAH 333.47 million.
According to the statistics provided to the Interfax-Ukraine agency by the UkrPapir Association, thus, following the results of eight months, the plant slightly slowed down the growth rate of this indicator compared to the same period last year (for six months it was 40%, for seven – 35, one%)
In real terms, the production of corrugated boxes continues to maintain stable positive dynamics, having increased by a third – up to 12.7 million square meters. m. At the same time, the output of containerboard (including corrugated paper) decreased by 9.3% to 8.6 thousand tons.
At the same time, a significant reduction in the production of paper remains – by 38.4%, to 2.75 thousand tons.
As reported, in January-August, taking into account the fact that a number of enterprises in the industry were either destroyed or damaged or located in the occupied territory, the production of paper and cardboard decreased by 43.2% compared to the same period last year – to 336, 7 thousand tons, corrugated packaging – by 42.2%, up to 282.3 million square meters. m.
At the same time, the largest Ukrainian manufacturer of corrugated packaging, Rubezhsky CPC, was damaged and stopped, but its subsidiary in the Kyiv region, the Trypilsky Packaging Plant, continues to work. According to UkrPapir, in eight months it produced products worth UAH 1.31 billion, and corrugated packaging produced 78.5 million square meters. m (the second indicator after the Kyiv KBK).
ZhPPM with the beginning of Russia’s military aggression against Ukraine, like many enterprises in the industry, suspended work due to a break in supply chains and a danger to employees. However, production was resumed in March.
According to the association, another plant in the structure of the holding “Osnova” – Izmail pulp and cardboard (Odessa region) in January-August increased the volume of marketable products by 6.5% – up to UAH 148.7 million. In physical terms, the output of containerboard decreased by one third to 5.4 thousand tons, corrugated packaging by 44%, to 7.7 million square meters. m.

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