Business news from Ukraine

Business news from Ukraine

Zhydachiv Pulp and Paper Mill increased production by 7.6%

17 November , 2023  

In January-October 2023, Zhydachiv Pulp and Paper Mill (ZhPPM, Lviv region) produced products worth UAH 444.6 million, up 7.6% year-on-year.

According to statistics provided to Interfax-Ukraine by UkrPapir Association, in physical terms, corrugated packaging output increased by 21.2% to 19.2 million square meters, containerboard by almost 27% to 13.5 thousand tons, and paper by 11% to 3.7 thousand tons.

In particular, in October, the plant increased production of paper and cardboard by 66.4% to 1.8 thousand tons by October 2022, and corrugated packaging by 54.6% to 2.3 million square meters. Compared to September this year, paper and cardboard production increased by 15.4%, and corrugated packaging by 23%.

Zhytomyr Pulp and Paper Mill has a paper production capacity of 43 thousand tons per year (base paper for corrugation, linerboard, cover paper), cardboard production capacity of 50 thousand tons, corrugated cardboard and corrugated packaging capacity of 120 million square meters, and injection molded 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, over ten months in Ukraine, there was an increase in the production of paper and cardboard by 11.4% (up to 454.9 thousand tons), cardboard boxes – by 18.1% (up to 428.7 million square meters).

In 2022, Zhydachiv Pulp and Paper Mill produced goods worth UAH 510.8 million, up 23.1% year-on-year, with net profit increasing by 67.5% to UAH 41.76 million.

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