https://www.avient.com/investor-center/news/polyone-signs-agreement-divest-designed-structures-and-solutions
The decision to divest DSS comes after evaluating several strategic options for the business and concluding this is the best course of action for our customers, associates and shareholders," said
In accordance with US GAAP, the DSS business will be classified as "held for sale" and be reported as discontinued operations.
Accordingly, the company will be required to record the assets related to the DSS business at fair value, less an amount of estimated sale costs.
https://www.avient.com/news/accelerate-color-creation-colormatrix-select-polyone
The new service combines advanced liquid colorants, Web-accessed software, and automated dispensing technology to offer a complete package that enables companies and designers to take greater control of their color development and supply chain.
Business Media Contact:
Kyle G.
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
Our Strategy SPECIALIZATION Diff erentiates us through unique value- creating off erings to our customers.
GLOBALIZATION Positions us to serve our customers consistently, everywhere in the world.
We utilize a mix of in-house expertise, workshops, communications, and external thought leadership to help us fully value the unique diff erences that each of us brings to the workplace.
https://www.avient.com/investor-center/news/polyone-acquires-certain-tpe-assets-kraton
certain raw materials used in production for the acquired business.
They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: unexpected costs that may arise from the acquisition of the Kraton TPE business; any material adverse changes in the acquired Kraton TPE business; our ability to achieve the strategic and other objectives relating to the acquired Kraton TPE business, including any expected synergies; our ability to successfully integrate the acquired Kraton TPE business and achieve the expected results of the acquisition; our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities; the timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of service or quality caused by such closings and/or production shifts; separation and severance amounts that differ from original estimates; amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from original estimates; our ability to identify and evaluate acquisition targets and consummate acquisitions; the ability to successfully integrate acquired businesses into our operations, retain the management teams of acquired businesses and retain relationships with customers of acquired businesses; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
https://www.avient.com/news/polyone-acquires-certain-tpe-assets-kraton
certain raw materials used in production for the acquired business.
They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: unexpected costs that may arise from the acquisition of the Kraton TPE business; any material adverse changes in the acquired Kraton TPE business; our ability to achieve the strategic and other objectives relating to the acquired Kraton TPE business, including any expected synergies; our ability to successfully integrate the acquired Kraton TPE business and achieve the expected results of the acquisition; our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities; the timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of service or quality caused by such closings and/or production shifts; separation and severance amounts that differ from original estimates; amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from original estimates; our ability to identify and evaluate acquisition targets and consummate acquisitions; the ability to successfully integrate acquired businesses into our operations, retain the management teams of acquired businesses and retain relationships with customers of acquired businesses; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
https://www.avient.com/news/polyone-launches-new-technologies-highlights-design-services-and-3d-printing-npe-2015
We’re excited to talk with customers at NPE about the ways in which our specialty formulations, technical and design services, and innovative polymer science can be used to energize their product development process and business objectives,” said Cathy Dodd, vice president, Marketing, at PolyOne.
ColorMatrix™ Select is a cloud-based liquid color creation and supply service that combines advanced liquid colorants, Web-accessed software, and automated dispensing technology to enable brand managers, converters and designers to take greater control of their color development and supply chain.
SPI Business of Plastics Conference
https://www.avient.com/investor-center/news/polyone-signs-agreement-divest-performance-products-and-solutions-business-segment
Ultimately, we determined that divesting the business to
In accordance with US GAAP, the company expects the PP&S business will be classified as "held for sale" and reported as a discontinued operation.
Senior management believes this measure is useful to investors because it allows for comparison to
https://www.avient.com/investor-center/news/avient-completes-sale-distribution-business-hig-capital
Completing the sale of Distribution enables us to be modestly levered while advancing our specialty transformation with the recent acquisition of DSM's Protective Materials business and the Dyneema brand," said
announced today that the former Avient Distribution business will now operate as an independent company called Formerra.
View original content to download multimedia:https://www.prnewswire.com/news-releases/avient-completes-sale-of-distribution-business-to-hig-capital-301664752.html
https://www.avient.com/investor-center/news/polyone-completes-sale-designed-structures-and-solutions
NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, has completed the previously announced sale of its Designed Structures and Solutions (DSS) business, which includes sheet, rollstock and packaging assets, to
They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Rutland, Comptek, SilCoTec, Gordon Composites and Polystrand, including whether such businesses will be accretive, retain the management teams of acquired businesses, and retain relationships with customers of acquired businesses; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
https://www.avient.com/investor-center/news/polyone-expands-color-portfolio-acquisition-mesa
businesses."
They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Rutland, Comptek, SilCoTec, Gordon Composites and Polystrand, including whether such businesses will be accretive, retain the management teams of acquired businesses, and retain relationships with customers of acquired businesses; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.