The output of Ilim Group's corrugated box plants reached a record-high level of 282 million square meters (131 thousand tons) in 2021. The Company has increased the output of corrugated board by 9% vs. 2020. Over the last three years, Ilim’s corrugated box business has been demonstrating high growth rates of about 10% per year.
In 2021, EBIDTA of Ilim Group corrugated box plants totaled $16.3 million, which is 2.2 times higher compared to 2020, driven by prices for corrugated products as well as finished products output supported by reduction of losses.
Corrugated box plants in Dmitrov and Kommunar, Russia, are a part of Ilim Group’s full-cycle production process. In 2021, Ilim’s box plants consumed 71% of own feedstock. Own feedstock enables the Company to ensure full control over production process and avoid disruption in supplies.
“Today, the key drivers of the corrugated materials market development include active development of e-commerce, global “going green” trends as well as conscious consumption”, emphasized Pavel Alekseev, Operations Director, Packaging Business, Ilim Group. According to Ilim Group estimates, the demand for corrugated products will grow by 4-5% in 2022.
Ilim Group has two corrugated box plants in the Leningrad (Kommunar) and Moscow (Dmitrov) regions, Russia. The plants produce several types of products, including transportation, retail and industrial packaging, corrugated trays as well as packaging for posting items and e-commerce.
