In order to keep an adequate balance between supply and demand, thus to avoid building unnecessary stock throughout the supply chain, Navigator has decided , to temporarily reduce our UWF paper production capacity immediately by approximately 15%, a level that can be reviewed in the coming weeks according to the market evolution.
Until mid-March, Navigator had the second highest order book ever in our history. However, in the last five weeks, due to the COVID crisis that is affecting our economies, with the consequent lockdown of schools, offices, retailers and other business sectors that had a clearly negative impact in printing and writing paper consumption, we experienced a reduction of orders, as well as, several postponements to the end of Q2 and Q3.
The Navigator Company is an integrated producer of forests, pulp and paper, tissue and energy, whose activity is carried out in modern, large-scale factories, with cutting-edge technology, and which is a benchmark of quality in the sector.
