NewPage Corporation (NewPage) today announced its results of operations for the second quarter of 2010. Net sales were $890 million in the second quarter of 2010 compared to $736 million in the second quarter of 2009, an increase of $154 million, or 21 percent. The increase in net sales resulted primarily from higher sales volumes, partially offset by lower average paper prices during the quarter. Net sales in the second quarter of 2009 were affected by decreased advertising spending and magazine and catalog circulation that was largely attributable to general economic factors and inventory reductions by customers.
NewPage, together with two other U.S. coated paper producers and the United Steelworkers Union, continues to pursue the antidumping and countervailing duty cases filed last year against Chinese and Indonesian imports of certain coated paper.