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19
September
2022

Zhydachiv pulp and paper mill cuts growth rate of production volumes to 30% in Jan-Aug

KYIV. Sept 19 (Interfax-Ukraine) – Zhydachiv Pulp and Paper Mill (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 Interfax-Ukraine by the UkrPapir Association, thus, following the results of the first eight months of the year, the mill slightly slowed down the growth rate of this indicator compared to the same period last year (in the first half of the year it was 40%, in the first seven months of the year 35.1%).

In real terms, the production of corrugated boxes continues to have stable positive dynamics, having increased by one third, to 12.7 million square meters. At the same time, the output of containerboard (including corrugated paper) fell by 9.3%, to 8,600 tonnes.

At the same time, a significant reduction in the production of paper remains – by 38.4%, to 2,750 tonnes.

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 plunged by 43.2% compared to the same period last year, to 336,700 tonnes, corrugated packaging – by 42.2%, to 282.3 million square meters.

At the same time, the largest Ukrainian manufacturer of corrugated packaging, Rubizhne cardboard and packaging mill, was damaged and stopped, but its subsidiary in the Kyiv region, the Trypilsky Packaging Plant, continues to work. According to UkrPapir, in January-August it produced products worth UAH 1.31 billion, and corrugated packaging produced 78.5 million square meters (the second indicator after the Kyivsky cardboard paper mill).

Zhydachiv Pulp and Paper Mill 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 Osnova holding – Izmail pulp and cardboard (Odesa region) in January-August increased the volume of marketable products by 6.5%, to UAH 148.7 million. In kind, the output of containerboard fell by one third to 5,400 tonnes, corrugated packaging by 44%, to 7.7 million square meters.