Business news from Ukraine

Zhydachiv Pulp and Paper Mill increases output by 18%

24 June , 2023  

In January-May the Zhidachevsk Pulp and Paper Mill (ZhPPM, Lviv region) manufactured goods for 234.31 mln UAH, which is 18.1% more than in the first five months of 2022.
According to statistical data provided to Interfax-Ukraine agency by UkrPapir Association, the output of corrugated board packaging increased by 34.2% to 9.3 mln. sq. m, packaging cardboard – by almost 38% to 6.7 thousand tons, paper – by 37.3% to 1.8 thousand tons.
In May, the company increased the output of paper and cardboard output by 14.4% to 1.85 thousand tons, corrugated board output by 1% to 2 million square meters. Compared to April this year, the output increased by 11.2% and 8.2%, respectively.
Zheleznodorozhny Paper Mill has the capacity of paper production (corrugated base paper, cardboard liner, wrapping paper) – 43 thousand tons per year, cardboard production – 50 thousand tons, corrugated cardboard and corrugated packaging – 120 million square meters, cast containers (trays for 30 eggs) – 72 million pieces per year.
As reported with reference to the association, received from the industry enterprises, in January-May 2023, they produced a total of 218.6 tons of paper and cardboard (12% more), and 197.3 million square meters of cardboard boxes (+21.4%).
In 2022, Zhidachev PPM produced 510.8 mln UAH in marketable goods, which is 23.1% more than a year earlier, net profit increased by 67.5% to 41.76 mln UAH.