XNYS
AVNT
Market cap3.76bUSD
Oct 08, Last price
40.98USD
1D
-0.05%
1Q
13.74%
Jan 2017
27.90%
IPO
355.33%
Name
Avient Corp
Chart & performance
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Profile
Avient Corporation, established in 1885 and based in Avon Lake, Ohio, is a global enterprise specializing in advanced material solutions, custom formulation services, and sustainable products. The company, which operated as PolyOne Corporation until its rebranding in June 2020, serves markets across the United States, Canada, Mexico, Europe, South America, and Asia. Its operations are divided into three primary business units: 1. Color, Additives and Inks: This segment delivers bespoke colorants and additive concentrates, available in both solid and liquid forms for thermoplastic applications, alongside dispersions for thermosetting materials and various specialty inks. These products are integral to numerous industries, including medical and pharmaceutical devices, food packaging, personal care, cosmetics, transportation, building products, recreational goods, athletic apparel, construction, filtration, outdoor furniture, general healthcare, and wire and cable manufacturing. 2. Specialty Engineered Materials: This division provides sophisticated polymer formulations, expert services, and tailored solutions for professionals involved in the design, assembly, and processing of thermoplastic materials. It also supplies leading-edge long glass and carbon fiber technologies critical for both thermoset and thermoplastic composite applications. 3. Distribution: Through this segment, Avient facilitates the supply of an extensive range of approximately 4,000 distinct grades of engineering and commodity resins, primarily catering to custom injection molders and extruders. The company engages with its clientele via a multi-channel approach, utilizing a direct sales force, a network of distributors, and independent commissioned sales agents.
Related entities
Subsidiaries (5)
POLYONE CORPORATION MASTER TRUST
AVIENT INTERNATIONAL FINANCE UNLIMITED COMPANY
Avient Luxembourg S.a r.l.
AVIENT MATERIALS INDIA PRIVATE LIMITED
Avient Protective Materials B.V.
Key people
Robert M. Patterson
Chairman of the Board, President, Chief Executive Officer · since 2016
Chief Financial Officer, Executive Vice President · since 2013
J. Scott Horn
Senior Vice President, President - Distribution · since 2017
M. John H. Midea
Senior Vice President - Global Operations and Process Improvement · since 2015
Woon Keat Moh
Senior Vice President, President of Color, Additives and Inks · since 2020
Joao Jose San Martin Neto
Chief Human Resource Officer, Senior Vice President · since 2016
Lisa K. Kunkle
Senior Vice President, General Counsel, Secretary · since 2015
Independent Director · since 2018
Sandra Beach Lin
Independent Director · since 2013
Lead Independent Director · since 2015
Independent Director · since 2011
Independent Director · since 2015
Independent Director · since 2017
Independent Director · since 2019
Independent Director · since 2011
Legal address
C/O UNITED AGENT GROUP INC.
119 E COURT ST
CINCINNATI, OH 45202
US
119 E COURT ST
CINCINNATI, OH 45202
US
Headquarters
33587 Walker Road
Avon Lake, OH 44012
US
Avon Lake, OH 44012
US
Previous name
POLYONE CORPORATION
Valuation
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