Q2 Paper Forecast — Paper Losses

Consolidation Questions
While paper mills will need to find new ways to operate more efficiently, Paparozzi can't speculate on whether a continuing soft economy will force more paper mills to consolidate. "I don't know," he admits. "They do need to achieve long-term efficiency now that they are dealing with an economy that makes it very difficult for them to raise prices. It does put enormous pressure on profitability. Consolidations are long-term propositions; this slowdown came upon us very, very, quickly."