Navigator increases paper prices in Europe up to 6%

  • ECO News
  • 27 August 2021

The company explained that the decision is related to the "escalation of prices for raw materials and subsidiaries, logistics, energy and CO2 throughout 2021."

The Navigator Company announced on Friday that it will raise paper prices in Europe by up to 6% starting in September. In a statement sent to ECO, the company explained that the decision is related to the “escalation of prices for raw materials and subsidiaries, logistics, energy and CO2 throughout 2021.”

This increase will be effective for all dispatches from September 27, Navigator clarified in the same statement.

“Since the beginning of the pandemic, the industry has been operating within a framework of unacceptable margins to remunerate capital, which jeopardizes its future sustainability. The escalation of prices for raw materials and subsidiaries, logistics, energy and CO2 throughout 2021 has brought even more pressure to these margins forcing the Company to raise prices to recover acceptable levels of profitability,” the same statement said.

The company also explained that “the present context on the demand side, with record- high order books and supply limitations and disruptions supports this margin recovery movement along the value chain.”

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, Discovery, Explorer, Inacopia, Inaset, Pioneer, Soporset and Target. The company guarantees that it will “continue working to reinforce its partnerships with customers and to
appreciate the support provided.”