Company
Avient Corporation
Headquarters: Avon Lake, OH, United States
Founded: August 31, 2000
Employees: 8,700
CEO: Mr. Robert M. Patterson
Market Cap
$3.48 Billion
USD as of Jan. 1, 2024
Avient Corporation Categories
United States Basic Materials Specialty ChemicalsUnited States Basic Materials United States Specialty Chemicals
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Industry: Specialty Chemicals
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Sector:
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Detailed Description
Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through three segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks. This segment products are used in various markets include medical, pharmaceutical devices, food packaging, personal care, cosmetics, transportation, building products, recreational, athletic apparel, construction, filtration, outdoor furniture, healthcare, wire, and cable. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology to thermoset and thermoplastic composites. The Distribution segment distributes approximately 4,000 grades of engineering and commodity grade resins to custom injection molders and extruders. The company sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.
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Stocks & Indices
Avient Corporation has the following listings and related stock indices.
Stock: NYSE: AVNT wb_incandescent
Stock: FSX: PY9 wb_incandescent
Product & Services
Specialty polymer materials and compounds
Key People
Robert M. Patterson, CEO
Financials
Revenue: US$3.24 billion (2020)