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Knauf intends to invest about $300mln in St.Pb. Cardboard Printing Plant (KPK), as it was informed.

The modernization of the unit will permit to increase the capacity 1.5 fold Knauf is the largest Germany-based investor in the building sector. In Leningrad reg. it is an owner of the above plant.

St.Pb. KPK (TIN 4719003640) is a cardboard producer. It has 750 ton/d in capacity or 240ths t/y.

The 2011-net profit (RAS) increased 6.2% to 455.358mln rub. from 428.613mln rub. prior year; revenues added 12.5% to come to 5.381bn rub. from 4.782bn rub.

"AK&M", 22.01.2013