Mar 13, 2012. /Lesprom Network/. NewPage's net sales for 2011 were $3,502 million compared to $3,596 million for 2010, a decrease of $94 million or 3%. Net sales were affected primarily by higher paper prices, more than offset by lower sales volume, as the company said in a press release received by Lesprom Network. Average paper prices increased to $886 per ton in 2011 compared to $823 per ton in 2010. Sales volume decreased to 3,954,000 tons in 2011 compared to 4,370,000 tons in 2010 as a result of the shutdown of the Whiting mill in February 2011 and the Port Hawkesbury mill in September 2011. Net income (loss) was $524 million in 2011 compared to $693 million in 2010. Consolidated adjusted EBITDA was $324 million in 2011 compared to $284 million in 2010. NewPage is the leading producer of printing and specialty papers in North America with $3.5 billion in net sales for the year ended December 31, 2011. NewPage is headquartered in Miamisburg, Ohio, and owns paper mills in Kentucky, Maine, Maryland, Michigan, Minnesota and Wisconsin. These mills have a total annual production capacity of approximately 3.5 million tons of paper.