Exhibit 99.2Report of Independent Registered Public Accounting FirmTo the directors and shareholders of Wellman International LimitedWe have audited management’s assessment, included in the accompanying Management’s Report onInternal Controls over Financial Reporting for the year ended 31 December 2006, that WellmanInternational Limited (‘the Company’) maintained effective internal control over financialreporting as of 31 December 2006, based on criteria established in “Internal Control — IntegratedFramework” issued by the Committee of Sponsoring Organisations of the Treadway Commission (COSO).Wellman International Limited’s management is responsible for maintaining effective internalcontrol over financial reporting and for its assessment of the effectiveness of internal controlover financial reporting. Our responsibility is to express an opinion on management’s assessmentand an opinion on the effectiveness of the Company’s internal control over financial reportingbased on our audit.We conducted our audit in accordance with the standards of the Public Company Accounting OversightBoard (United States). Those standards require that we plan and perform the audit to obtainreasonable assurance about whether effective internal control over financial reporting wasmaintained in all material respects. Our audit included obtaining an understanding of internalcontrol over financial reporting, evaluating management’s assessment, testing and evaluating thedesign and operating effectiveness of internal control, and performing such other procedures as weconsidered necessary in the circumstances. We believe that our audit provides a reasonable basisfor our opinion.A company’s internal control over financial reporting is a process designed to provide reasonableassurance regarding the reliability of financial reporting and the preparation of financialstatements for external purposes in accordance with generally accepted accounting principles. Acompany’s internal control over financial reporting includes those policies and procedures that (1)pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect thetransactions and dispositions of the assets of the company; (2) provide reasonable assurance thattransactions are recorded as necessary to permit preparation of financial statements in accordancewith generally accepted accounting principles, and that receipts and expenditures of the companyare being made only in accordance with authorisations of management and directors of the company;and (3) provide reasonable assurance regarding prevention or timely detection of unauthorisedacquisition, use, or disposition of the company’s assets that could have a material effect on thefinancial statements.Because of its inherent limitations, internal control over financial reporting may not prevent ordetect misstatements. Also, projections of any evaluation of effectiveness to future periods aresubject to the risk that controls may become inadequate because of changes in conditions, or thatthe degree of compliance with the policies or procedures may deteriorate.In our opinion, management’s assessment that Wellman International Limited maintained effectiveinternal control over financial reporting as of 31 December 2006, is fairly stated, in all materialrespects, based on criteria established in “Internal Control — Integrated Framework” issued byCOSO. Also in our opinion, Wellman International Limited maintained, in all material respects,effective internal control over financial reporting as of 31 December 2006, based on criteriaestablished in “Internal Control — Integrated Framework” issued by COSO.We also have audited, in accordance with the standards of the Public Company Accounting OversightBoard (United States), the consolidated balance sheets of Wellman International Limited andsubsidiaries as of 31 December 2006 and 2005 and the related consolidated statements of operations,shareholders’ equity and other comprehensive (loss)/income, and cash flows for each of the years inthe three year period ended 31 December 2006 and our report dated 13 March 2007 expressed anunqualified opinion on those consolidated financial statements.13 March 2007/s/ KPMG