https://www.avient.com/knowledge-base/article/enhance-electric-vehicle-battery-design-and-performance?sust[]=1165
Cost-Effectiveness: Using engineered polymers in electric vehicle batteries can contribute to cost savings throughout the manufacturing process.
Polymers can be processed at a lower cost than metals, reducing overall material expenses.
Additionally, polymers' lightweight nature lowers transportation costs and simplifies assembly processes.
https://www.avient.com/knowledge-base/article/enhance-electric-vehicle-battery-design-and-performance?sust[]=1133
Cost-Effectiveness: Using engineered polymers in electric vehicle batteries can contribute to cost savings throughout the manufacturing process.
Polymers can be processed at a lower cost than metals, reducing overall material expenses.
Additionally, polymers' lightweight nature lowers transportation costs and simplifies assembly processes.
https://www.avient.com/news/polyone-announces-record-first-quarter-2014-results
Cost of sales
Cost of sales:
Debt financing costs
https://www.avient.com/investor-center/news/avient-announces-fourth-quarter-and-full-year-2023-results
Cost of sales
Cost of sales:
Cost of sales:
https://www.avient.com/idea/heighten-automotive-interior-aesthetics-and-appeal
A high productivity manufacturing process that drives low per-part cost is crucial for dealing with cost pressures.
Reduce Total System Cost
TPEs work to reduce costs in other ways too.
https://www.avient.com/investor-center/news/polyone-raises-outlook-fourth-quarter-2019-adjusted-earnings
We continue to deliver margin expansion in all three segments from pricing actions, improved mix and cost reductions," said
This is due to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs.
1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures, including adjustments related to contingent consideration; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; mark-to-market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non- recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results.
https://www.avient.com/idea/strength-low-weight-and-greater-flexibility
The material met all of the company’s performance requirements and offered cost benefits as well.
Injection molding = cost savings: Compared with metal fabrication and its time-consuming secondary operations, injection-molded plastics are produced as a net-shape part in a single step, which boosts productivity and lowers system costs.
And the material costs for Bergamid resin are lower than those of bent steel plate.
https://www.avient.com/knowledge-base/case-study/medical-hose-manufacturer-boosts-productivity-specialized-material
Material switch lowers costs, achieves higher flow versus previous TPV
Cost savings: The hose manufacturer saves $33,000 per year by using Versalloy TPV instead of its previous material.
Higher productivity: The improved flow properties of the Versalloy solution enabled the hose manufacturer to increase throughput by two seconds, which in turn reduced total system costs.
https://www.avient.com/knowledge-base/case-study/material-cuts-delays-contact-lens-container-production
Avient helped the customer calculate costs for the 12-month period.
Projections showed the cost of a new tool would be recouped within months, enabling the manufacturer to move forward with confidence.
Even after the cost of the new tooling, the company will save about $72,000 the first year, an impressive and rapid return on the investment in new tooling.
https://www.avient.com/knowledge-base/case-study/material-cuts-delays-contact-lens-container-production?rtype[]=1124
Avient helped the customer calculate costs for the 12-month period.
Projections showed the cost of a new tool would be recouped within months, enabling the manufacturer to move forward with confidence.
Even after the cost of the new tooling, the company will save about $72,000 the first year, an impressive and rapid return on the investment in new tooling.