The Navigator Company announced that it will increase paper prices in Europe from 4% to 6%, setting a minimum of 30 euros net per tonne. This increase will be effective for all dispatches from 1st February, and the Company will inform shortly about the details of the new prices to be applied by grade.
This decision was taken due to unsustainable low levels of profitability across the industry in Europe and following the recent announcements of worldwide increases in pulp and logistics costs. The Navigator Company sells its products to 130 countries over five continents, under its paper brands with a strong reputation for superior and consistent quality - Navigator, Pioneer, Inacopia, Discovery, Soporset and Inaset. The Company will continue working to reinforce its partnerships with customers and to appreciate the support provided.