Business news from Ukraine

ZHYDACHIV PAPER MILL MAKES PRODUCTS FOR UAH 412 MLN IN 2018

17 December , 2018  

Zhydachiv Pulp and Paper Mill (Lviv region), which resumed operations in May 2017, made products for UAH 411.86 million in January-November 2018.
According to the UkrPapir association, this month the plant produced 4,280 tonnes of paper and 27,180 tonnes of cardboard (including corrugated paper), as well as 15.85 million square meters of corrugated boxes.
Another enterprise of the holding, Izmail Pulp and Paper Mill (Odesa region), produced goods for UAH 177.88 million in January-November 2018, which was 49% more than a year ago. The mill increased package cardboard output by 31.5%, to 13,370 tonnes and corrugated box output by 25.7%, to 16.59 square meters.
Zhydachiv Pulp and Paper Mill, once one of the top three enterprises in the industry and the only manufacturer of newsprint in Ukraine at that time, was put into operation in 1951, in the best 2000s its output reached UAH 500 million. It had been standing idle since September 2014 till May 2017.

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