https://www.avient.com/investor-center/news/advanced-composites-avient-lightweighting-solutions-fuel-efficiency
NYSE: AVNT) is at the forefront of this trend, enabling replacement of metal or wood with advanced composite materials that are prized for their exceptional strength-to-weight ratio, durability, dimensional stability and corrosion resistance.
Hammerhead™ marine composite panels reduce weight and increase durability versus wood in structural boat-building components, such as stringers and subfloors.
Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation
https://www.avient.com/company/sustainability/sustainability-report/people/community-service-engagement
Associates across our sites participated in fundraisers, volunteer events, and donation drives to support United Way and the local charities they partner with to meet critical needs in education, financial stability, and health.
Making Rania Greener
Avient associates from our site in Rania, India, put their passion for sustainability to work, by restoring natural resources, planting more than 100 trees and herbal shrubs during our Tree Plantation Drive.
https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
Examples include:
• Barrier technologies that preserve the shelf-life
and quality of food, beverages, medicine and
other perishable goods through high-
performance materials that require less plastic
• Light-weighting solutions that replace heavier
traditional materials like metal, glass and wood,
which can improve fuel efficiency in all modes of
transportation
• Breakthrough technologies that minimize
wastewater, improve the recyclability of materials
and advance a circular economy
• Composite solutions to support accelerated
growth of 5G / fiber-optic infrastructure
investment as the world demands greater and
faster connectivity
Avient employs approximately 9,100 associates and is
certified ACC Responsible Care® and a founding
member of the Alliance to End Plastic Waste.
We leverage a high-touch,
collaborative customer service model, where our ratio of technology to sales
associates is 1.1, driving rapid customer response and customization.
Synergies Initial Estimate
Revised Estimate
Administrative $ 18 $ 20
Sourcing 24 30
Operational 18 25
Total Synergies $ 60 $ 75
CLARIANT INTEGRATION & COST
SYNERGIES UPDATE
13
$1.80
$2.12
$2.75
2020E Organic 2020 PF 2020 PF w/ Synergies
The cost synergies from the Clariant Masterbatch acquisition will help drive
substantial margin expansion.
https://www.avient.com/sites/default/files/2020-10/investing-in-avient.pdf
Examples include:
• Barrier technologies that preserve the shelf-life
and quality of food, beverages, medicine and
other perishable goods through high-
performance materials that require less plastic
• Light-weighting solutions that replace heavier
traditional materials like metal, glass and wood,
which can improve fuel efficiency in all modes of
transportation
• Breakthrough technologies that minimize
wastewater, improve the recyclability of materials
and advance a circular economy
• Composite solutions to support accelerated
growth of 5G / fiber-optic infrastructure
investment as the world demands greater and
faster connectivity
Avient employs approximately 9,100 associates and is
certified ACC Responsible Care® and a founding
member of the Alliance to End Plastic Waste.
We leverage a high-touch,
collaborative customer service model, where our ratio of technology to sales
associates is 1.1, driving rapid customer response and customization.
Synergies Initial Estimate
Revised Estimate
Administrative $ 18 $ 20
Sourcing 24 30
Operational 18 25
Total Synergies $ 60 $ 75
CLARIANT INTEGRATION & COST
SYNERGIES UPDATE
13
$1.65
$2.00
2020E Organic 2020 PF 2020 PF w/ Synergies
The cost synergies from the Clariant Masterbatch acquisition will help drive
substantial margin expansion.
https://www.avient.com/investor-center/news/polyone-appoints-michael-garratt-chief-commercial-officer-donald-k-wiseman-president-performance-products-solutions
Garratt will be responsible for accelerating market-driven innovation, leading the company's proprietary POL product development process, developing sales strategies and training, and driving the corporate marketing function to enable future growth.
https://www.avient.com/investor-center/news/polyone-announces-michael-garratt-serve-interim-president-specialty-engineered-materials
has increased sales, marketing and technology associates by more than 20%, driving the largest increase in organic sales growth since coming out of the recession almost ten years ago.
https://www.avient.com/company/sustainability/sustainability-report/people/diversity-inclusion
It drives the innovation that earns us leadership positions in the markets we serve and underpins the high level of respect we show each other every day.
https://www.avient.com/investor-center/news/polyone-announces-appointment-woon-keat-moh-vice-president-asia
to drive innovation and serve our regional and multi-national customers with excellence."
https://www.avient.com/investor-center/news/avient-board-directors-appoints-ashish-k-khandpur-chairman-board
I look forward to continuing to work with our talented Board and our engaged leadership team to drive our new strategy and deliver ongoing organic growth on the topline with margin expansion on the bottom line."
https://www.avient.com/news/polyone-helps-schneider-electric-satisfy-global-demand-affordable-sustainable-light-and-power
This is an excellent example of how collaboration and innovation are driving meaningful products that improve the quality of life with safe, affordable off the grid lighting,” said Gilles Vermot Desroches, senior vice president Sustainability, Schneider Electric.