Verso Paper reports 4Q06 loss of $6Million

Verso Paper Holdings LLC reported its results for the fourth quarter for business once owned by the Coated and Supercalendered Papers Division of International Paper Company, for the year ended December 31, 2006; siting challenges by on increase in costs of pulp, energy, raw materials

Highlights for the fourth quarter of 2006 include:
Revenues of $408.0 million in 2006 compared to $410.9 million during
the prior year period.
* Operating income of $21.9 million versus operating income of $11.8
million in the prior year period.
* Net loss of ($6.0) million for the quarter versus net income of
$4.7 million in the prior year period.
Revenues of $1,611.3 million in 2006 compared to $1,603.8 million
during the prior year.
* Operating income of $71.3 million versus operating income of $60.2
million for the prior year.
* Net income of $8.9 million compared to $27.6 million in 2005.
Paper.com has all the Verso grades available on a manufacturing basis.