The Navigator Company
The Navigator Company (formerly known as Portucel Soporcel Group) is a Portuguese pulp and paper company.
| Company type | Sociedade Anónima |
|---|---|
| Euronext Lisbon: NVG
PSI-20 component | |
| ISIN | PTPTI0AM0006 |
| Industry | Pulp and paper |
| Founded | 2001 |
| Headquarters | Setúbal, Portugal |
Key people | João Castello Branco (CEO) |
| Products | newsprint and writing paper; bleached kraft pulp; biomass; timber |
| Revenue | € 1.501 billion (2012) |
| €286.2 million (2012) | |
| €211.2 million (2012) | |
| Total assets | €2.724 billion (2012) |
| Total equity | €1.480 billion (2012) |
Number of employees | 2,278 (June 2012) |
| Parent | Semapa |
| Website | www |
The Navigator Company has a productive capacity of 1.6 million tonnes of paper and 1.4 million tonnes of pulp, with 1,380 km2 of forest, and an annual turnover of over €1.5 billion (US$1.9 billion). The company uses eucalyptus as the prime raw material for the production of pulp and fine printing and writing paper. Portucel is Europe's largest producer of bleached eucalyptus kraft pulp. It is also one of the five largest European producers of uncoated wood-free paper.
Publicly traded on Euronext Lisbon, Portucel is controlled by the industrial conglomerate Semapa which owns almost 77% of its shares.
As part of the significant investment in the expansion and internationalization of its production activities, the "Portucel Soporcel Group" has taken the decision to change its corporate brand to "The Navigator Company".