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The Navigator Company
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The Navigator Company
The Navigator Company (formerly known as Portucel Soporcel Group) is a Portuguese pulp and paper company.
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".
The company has its origins in the early 1950s, when the paper mill of Cacia, Baixo Vouga, started its operations. After the Carnation Revolution in 1974, the Portuguese paper industry was nationalized and became highly subsidized by State funds. Following its privatization and acquisition by Semapa in 2004, Portucel Soporcel continued to receive significant state grants and incentives due to its importance to Portugal's export economy and forestry sector.
Portucel began operations at the Cacia mill in 1953 producing raw pine pulp, and became a pioneer worldwide in 1957 when it introduced sulphate bleached eucalyptus pulp, at the kraft process, into its production.
In 1967, at the Setúbal mill, Inapa began its operations in a production unit integrated with Portucel, transforming pulp into paper that was sold throughout Europe.
Portucel bought Papéis Inapa in 2000, thus creating a strategic partnership that contributed to the restructuring of Portugal's pulp and paper sector. With the takeover of Soporcel in 2001, Portucel rebranded itself the Portucel Soporcel Group.
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The Navigator Company
The Navigator Company (formerly known as Portucel Soporcel Group) is a Portuguese pulp and paper company.
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".
The company has its origins in the early 1950s, when the paper mill of Cacia, Baixo Vouga, started its operations. After the Carnation Revolution in 1974, the Portuguese paper industry was nationalized and became highly subsidized by State funds. Following its privatization and acquisition by Semapa in 2004, Portucel Soporcel continued to receive significant state grants and incentives due to its importance to Portugal's export economy and forestry sector.
Portucel began operations at the Cacia mill in 1953 producing raw pine pulp, and became a pioneer worldwide in 1957 when it introduced sulphate bleached eucalyptus pulp, at the kraft process, into its production.
In 1967, at the Setúbal mill, Inapa began its operations in a production unit integrated with Portucel, transforming pulp into paper that was sold throughout Europe.
Portucel bought Papéis Inapa in 2000, thus creating a strategic partnership that contributed to the restructuring of Portugal's pulp and paper sector. With the takeover of Soporcel in 2001, Portucel rebranded itself the Portucel Soporcel Group.
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