Aug 15, 2011. /Lesprom Network/. NewPage Corporation announced its results of operations for the 2Q 2011. Net sales in the 2Q 2011 were $888 million compared to $890 million in the 2Q 2010. Higher average paper sales prices were offset by lower sales volume during the 2Q 2011 due in part to certain unplanned outages as well as reduced overall demand, as the company said in a press release received by Lesprom Network. Net income (loss) was $132 million in the 2Q 2011 compared to $174 million in the 2Q 2010. Adjusted EBITDA (as defined in the attached reconciliation), as further adjusted to exclude certain items shown in the table below, was $68 million in the 2Q 2011 compared to $20 million in the 2Q 2010. "During the quarter, we were able to realize improved pricing even as we experienced inflationary pressure and some softening in demand for our core products," said George F. Martin, president and CEO for NewPage. NewPage Corporation is the largest coated paper manufacturer in North America, based on production capacity, with $3.6 billion in net sales for the year ended December 31, 2010. The company's product portfolio is the broadest in North America and includes coated freesheet, coated groundwood, supercalendered, newsprint and specialty papers.