Avient Corporation
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Michael J. Frank
- Full Time Employees
- 9,000
- Sector
- Process industries
- Industry
- Chemicals: major diversified
- Address
- 33587 Walker Road Avon Lake OH United States 44012
- IPO Date
- Sep 1, 2000
- CIK
- 0001122976
- Website
- avient.com
- Similar Companies
- Business
- Avient Corporation is a global provider of specialized polymer materials and services catering to a wide range of industries. The company's core products and services include specialty polymer compounds, color and additive concentrates, and thermoplastic composites. Avient manufactures and sells engineered materials such as high-performance plastic compounds, custom color formulations, and functional additives. Its offerings serve industries including packaging, transportation, medical, consumer products, and industrial markets. The company operates geographically across North America, Latin America, Europe, and Asia, providing tailored material solutions and color expertise to meet diverse customer needs. Founded in 1907 and headquartered in Avon Lake, Ohio, Avient Corporation has grown through both organic expansion and strategic acquisitions. Notable recent developments include the acquisition of Clariant's masterbatch business in 2021, significantly expanding its color and additive solutions portfolio globally. Additionally, Avient has enhanced its capabilities in sustainable and circular economy solutions, introducing new product lines focused on bio-based and recycled content polymers. The company has also strengthened its sustainability commitments and customer partnerships, emphasizing innovation in material performance and environmental responsibility. Avient operates under multiple business segments, primarily Color, Additives and Inks, and Performance Materials, targeting manufacturers seeking advanced polymer solutions for specialized applications. Its product portfolio includes proprietary brands and platforms designed to optimize product aesthetics, durability, and functionality. The company’s strategic focus involves leveraging technological innovation, expanding its sustainable material offerings, and broadening its global footprint to support customers’ evolving demands. As a standalone public entity, Avient continues to drive growth through diversification of its products and services aligned with industry trends.
Company News
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