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Prince does not expect the paper manufacturers to be building new paper mills at the $1.2 billion investment required, simply to realize the current mediocre returns. Rather, he expects prices to climb and company consolidations to result from demand exceeding supply.
On the other hand, with digital printing continuing to grow there is increasing interest among mills to provide digital-compatible paper. Since this means that the paper must be able to hold a static charge, there will not be any coated stocks.
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