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Kodak to end production of black & white paper
As a direct result of the popularity of digital and further evidence that Kodak is dedicating its future to the digital market, it will soon end its century-old tradition of producing black and white photographic paper, according to Associated Press. The demand for the paper, specially designed for black and white film and used by fine-art photographers, has declined by 25% annually. The decision to end black and white paper production will mean the closure of its plant in Brazil and takes the company closer to its target of cutting around 15,000 of its workforce 2007.