Since first introducing the dividend in 2011, it has increased at a compounded annual growth rate of 16%.  Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: 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 effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks, including recessionary conditions; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; 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 raise or sustain prices for products or services; our ability to continue to pay regular quarterly cash dividends, including at the increased rate, and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; the ability to obtain required regulatory approvals and otherwise consummate the proposed sale of the Distribution business; and other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions.

Factors that could cause actual results to differ materially from those implied by these forward-looking statements include the impact the COVID-19 pandemic has on our business, results from operations, financial condition and liquidity; our ability to achieve the strategic and other objectives relating to the acquisition of Clariant's Masterbatch business, including any expected synergies; our ability to successfully integrate Clariant's Masterbatch business and achieve the expected results of the acquisition of Clariant's Masterbatch business, including, without limitation, the acquisition being accretive; 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 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 plastics 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; our ability to continue to pay cash dividends including at the increased rate; an inability to raise or sustain prices for products or services; an ability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to acquisitions and integration, working capital reductions, costs reductions and employee productivity goals; information systems failures and cyberattacks; 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.

The notes will bear interest at an annual rate of 7.125% and will be issued at a price of 100% of their principal amount. In conjunction with the notes offering, the company also priced a secured term loan due 2029 (the "term loan") for the remaining funds needed for the Dyneema acquisition.  The company noted the all-in weighted average annual interest rate for the Dyneema acquisition financing is approximately 6.6%.

Our global footprint offers both state-of-the-art facilities and talented commercial employees that enable quick collaboration with our customers—where they need us, when they need us. Similar programs or partners are leveraged around the world, as needed. Workforce Health & Safety (1) Total recordable incident rate (TRIR) and (2) fatality rate for (a) direct employees and (b) contract employees RT-CH-320a.1 1.

Some of the programs are tailored to local standards and needs. While conventional air emissions are a critical and a highly-influential topic in some industrial sectors, as a specialty formulator of purchased materials, Avient’s conventional air emission levels from legacy operations are de minimis and not material. Workforce Health & Safety (1) Total recordable incident rate (TRIR) and (2) fatality rate for (a) direct employees and (b) contract employees RT-CH-320a.1 1.

In addition, the TPV supplier was not providing sufficient quantities of the material consistently, threatening the manufacturer’s ability to meet its own customer’s needs on time. These savings resulted from Versalloy’s lower specific gravity (0.88 compared to 0.95) and a 50% reduction in scrap rate. Reliable JIT supply chain: The Versalloy material needed by the customer was reliably supplied by Avient in just three weeks instead of the typical six week lead time.

In addition, the TPV supplier was not providing sufficient quantities of the material consistently, threatening the manufacturer’s ability to meet its own customer’s needs on time. These savings resulted from Versalloy’s lower specific gravity (0.88 compared to 0.95) and a 50% reduction in scrap rate. Reliable JIT supply chain: The Versalloy material needed by the customer was reliably supplied by Avient in just three weeks instead of the typical six week lead time.

In addition, the TPV supplier was not providing sufficient quantities of the material consistently, threatening the manufacturer’s ability to meet its own customer’s needs on time. These savings resulted from Versalloy’s lower specific gravity (0.88 compared to 0.95) and a 50% reduction in scrap rate. Reliable JIT supply chain: The Versalloy material needed by the customer was reliably supplied by Avient in just three weeks instead of the typical six week lead time.

Some of the programs are tailored to local standards and needs. Details on conventional air emissions can be found in the Metrics section of this report. Workforce Health & Safety (1) Total recordable incident rate (TRIR) and (2) fatality rate for (a) direct employees and (b) contract employees RT-CH-320a.1 1.

This represents an 87% participation rate in the CSR survey. Parameters tracked for air emissions include greenhouse gases, nitrogen oxides, sulfur oxides, volatile organic compounds and hazardous air pollutants. Workforce Health & Safety (1) Total recordable incident rate (TRIR) and (2) fatality rate for (a) direct employees and (b) contract employees RT-CH-320a.1 1.