The Navigator Company
Company type | Sociedade Anónima | |
---|---|---|
Euronext Lisbon: NVG
Parent Semapa | | |
Website | www |
The Navigator Company (formerly known as Portucel Soporcel Group) is a
The Navigator Company has a productive capacity of 1.6 million tonnes of paper and 1.4 million tonnes of pulp,
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".
History
The company has its origins in the early 1950s, when the
Portucel
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 of great importance in initiating the restructuring process of the pulp and the paper sector in Portugal. With the takeover of Soporcel in 2001, Portucel rebranded itself the Portucel Soporcel Group.
Soporcel
The Soporcel factory in
The installation of the second paper machine (PM II – 425,000 tonnes/year), representing the most advanced technology in the sector, reinforced the position held by the Figueira da Foz mill in the European segment of the uncoated woodfree paper market.
Soporcel was acquired by Portucel in 2001, creating the Portucel Soporcel Group.
Gomà-Camps
In February 2023, it was announced The Navigator Company had acquired three businesses from the Spanish-headquartered Gomà-Camps Group – its consumer tissue business, including Gomà-Camps Consumer and the French company Gomà Camps France.[11]
Operations
The group's production structure is based at three mills, situated at Setúbal, Figueira da Foz, and Cacia.
The brand Navigator is produced by the group. The Portucel Soporcel Group is responsible for woodland assets in Portugal, totaling approximately 120 thousand hectares. This land is managed in accordance with the principles set out in the group's Forestry Policy. The eucalyptus, more specifically the Eucalyptus globulus species, which is considered at world level to provide the ideal fibre for the production of high-quality papers,[citation needed] occupies 74% of this area. Due to this role, it is a well known wine, honey, seeds and specific tree (besides eucalyptus which is its main cultivar) producer. It has a well-equipped private fire department to prevent fires within its forests.
Besides its woodland assets and plants in Portugal, Portucel has developing since 2010 forestation and industrial projects abroad. It studied extensive forestry and industrial investments in Uruguay, Brazil, and Angola, but chose Mozambique for the effect.[12]
References
- ^ "Home". thenavigatorcompany.com.
- ^ "Grupo Portucel Soporcel – Investor Relations". Grupo Portucel Soporcel. Archived from the original on 21 September 2013. Retrieved 8 September 2013.
- ^ "Grupo Portucel Relatório e Contas 2012 – Contactos" (in Portuguese). Grupo Portucel. Archived from the original on 14 October 2013. Retrieved 8 September 2013.
- ^ EcoNews: Navigator’s CEO will leave his position in April
- ^ a b c "Results for 2012 – Portucel" (PDF). Portucel Soporcel. Archived from the original (PDF) on 10 June 2015. Retrieved 6 April 2013.
- ^ a b "Portucel Group Annual Report 2012" (PDF). Portucel Soporcel. Retrieved 8 September 2013.[dead link]
- ^ "Interim Report for the 1st Half 2012 : Sociedade Alberta" (PDF). Backoffice.portucelsoporcel.net. Archived from the original (PDF) on 22 November 2012. Retrieved 21 September 2013.
- ^ "Grupo Portucel Soporcel | The Group – Profile". Portucel Soporcel. 24 May 2011. Archived from the original on 21 September 2013. Retrieved 21 September 2013.
- ^ Khalip, Andrei (28 October 2009). "Portucel's profit falls 38%, gives bleak forecast". Reuters. Retrieved 4 January 2010.
- ^ "Bruxelas autoriza subsídio de 100 milhões de euros à Portucel". Público. Retrieved 4 April 2007.
- ^ "Navigator eyes Spain and France growth with latest acquisition". Printweek. Retrieved 6 February 2023.
- ^ "Portucel Elege Mocambique Investimento 23 mil Milhoes" [Portucel Estimates Mozambique Investment at 23 000 Millions]. Archived from the original on 31 March 2012.
External links