Business news from Ukraine


16 February , 2016  

KYIV. Feb 16 (Interfax-Ukraine) – Lutsk cardboard-paper mill, part of the United Cardboard Company belonging to businessman Mykola Lobov, produced goods worth UAH 22.3 million in January 2016, which is 37.7% up year-over-year, according to the Ukrpapir association.

The association said that during this period the mill made 3,000 tonnes of various types of cardboard – 3% down year-over-year, including a rise of 18% in packaging cardboard output, to 2,870 tonnes.

The mill did not produce box cardboard in January (400 tonnes in January 2015) as well as roofing cardboard, while cover board production plunged by 58.3%, to 120 tonnes. The mill also did not produce pulp (80 tonnes in January 2015).

One more company in the sector under control of the United Cardboard Company – Poninkivsky Cardboard and Paper Mill – boosted production by 64% in January 2016, to almost UAH 28 million.

The mill more than doubled production of box board, to 3,370 tonnes, and corrugated cardboard packaging output rose by 15%, to 4.07 million square meters.

Paper production rose by 23.2% in January 2016, to 210 tonnes.

Lutsk cardboard-paper mill LLC was founded on the basis of assets of Lutsk cardboard-ruberoid mill in summer 2012.

The mill produces raw materials for corrugated board production (fluting and test liner), roofing, box and cover cardboard.

In 2015, the mill produced goods worth UAH 404.55 million, which was 67.1% up year-over-year.

Poninkivsky Cardboard and Paper Mill was founded over 200 years ago. The mill produces cardboard and paper.

In 2015, the mill saw a rise of 97.3% in production, to UAH 329.22 million.