The Navigator Company has announced that it will increase paper prices in Europe from 6 per cent to 9 per cent.
This increase will be effective for all dispatches from 10th May, and the company will inform shortly about the details of the new prices to be applied by product.
This decision was taken following further worldwide cost increases in pulp, chemicals and logistics, with structural effects on the profitability of the industry in Europe and across the globe, and a higher demand for Navigator’s products and brands during late 2020 and the first months of 2021.
The company will continue to tightly monitor the market evolution of key business drivers and act if required, to correct potential future imbalances between its products prices, raw materials and logistics costs.
The Navigator Company sells its products to 130 countries over five continents, under its paper brands Navigator, Discovery, Explorer, Inacopia, Inaset, Pioneer, Soporset and Target.
The company will continue working to reinforce its partnerships with customers and to appreciate the support provided.