In 2021, Ilim Group increases corrugated board output by 9%
18 February 2022 ` 20:30
In 2021, the output of Ilim Group corrugated box plants reached a record-high level of 282 million m² (131,000 tons). The Company has increased the output of corrugated board by 9% YoY. 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 vs. 2020, driven by prices for corrugated products as well as finished products output supported by reduction of losses.
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