Avient Corporation (PY9)

Overview

Avient Corporation, headquartered in Avon Lake, Ohio, stands as a pivotal figure in the formulation of material solutions worldwide, with operations spanning across the United States, Canada, Mexico, Europe, South America, and Asia. The company, originally founded in 1885 and known as PolyOne Corporation until June 2020, has consistently evolved to meet the diverse needs of various industries through its innovative material solutions. Avient operates primarily through two segments: Color, Additives and Inks, and Specialty Engineered Materials, catering to the medical, pharmaceutical, food packaging, personal care, cosmetics, transportation, building products, wire and cable, and several other vital industries.

Products and Services

• Color, Additives and Inks

  This segment specializes in providing custom color and additive concentrates in both solid and liquid forms suitable for thermoplastics, dispersions for thermosets, and specialty inks. The products are designed to enhance the aesthetic, functional, and performance attributes of customers' products across medical and pharmaceutical devices, food packaging, personal care, cosmetics, and more. The segment’s portfolio also includes custom-formulated liquid systems for materials like polyester, vinyl, natural rubber and latex, polyurethane, and silicone, alongside proprietary inks tailored for diverse applications.

• Specialty Engineered Materials

  Addressing the sophisticated need for high-performance materials, this segment offers specialty polymer formulations, services, and solutions aimed at designers, assemblers, and processors of thermoplastic materials. The focus is on creating advanced material solutions that support innovation and functional requirements in various markets, including transportation, construction and filtration, outdoor furniture, healthcare, textiles, appliances, and industrial sectors. With a dedication to material science and customer collaboration, Avient seeks to enable the creation of products that are both superior in performance and environmentally sustainable.

Avient Corporation markets its comprehensive range of products through a network that includes direct sales personnel, distributors, and commissioned sales agents, ensuring a robust presence in its operational territories.