This report is based on research conducted throughout 2011–2012 in cooperationwith Ukrainian agricultural producer Mriya Agro Holding to assessthe country’s potential for producing cellulose from straw. The objective of this report is to demonstrate – for the country’s decisionmakers,agribusinesses, paper-industry players and financial institutions –how Ukraine’s available supply of straw could be efficiently used to producepaper and cardboard, through the implementation of a major straw-tocelluloseprogram.