https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Press Release%5B43%5D.pdf
AVNT-2023.06.30-News Release 1 NEWS RELEASE FOR IMMEDIATE RELEASE Avient Announces Second Quarter 2023 Results • GAAP EPS of $0.24 includes special items and amortization expense • Adjusted EPS of $0.63 exceeded guidance of $0.60, driven by better-than-projected margins in both segments • Full year adjusted EPS guidance of $2.40 maintained reflecting continued weak demand conditions, offset by adjusted EBITDA margins expected to increase from 15.6% to 16.0% for the year • Most recent Sustainability Report published, highlighting the company’s progress on ESG initiatives focused on People, Products, Planet and Performance • Sustainability Day for investors to be held on September 20th will focus on Avient’s sustainable solutions portfolio and the demand trends that will drive long-term growth CLEVELAND – July 27, 2023 – Avient Corporation (NYSE: AVNT), a leading provider of specialized and sustainable solutions, today announced its second quarter 2023 results.
I’m pleased with how well we have executed through the first half of the year despite persistent demand weakness and customer inventory destocking,” said Mr.
We are looking forward to sharing how and where our material science is helping customers achieve their sustainability goals and the megatrends that are underpinning the future growth of our sustainable solutions portfolio.”
https://www.avient.com/sites/default/files/resources/Resilience%2520LS%2520Diffuse%2520Comparison%2520Guide_No%2520CP.pdf
Find out more about the full line of Resilience LS family of rigid vinyl polymers for clear and diffuse lens materials.
https://www.avient.com/sites/default/files/resources/Replacing%2520Metal%2520with%2520Vinyl_0.pdf
Because this supplier fabricates with both metal and plastic in its operations, the team decided to find out if converting metal parts to plastic would be an option.
https://www.avient.com/sites/default/files/2020-11/gls-acqua-plose-case-study.pdf
Finding a cap that would not comprise the integrity of the water was critical for Acqua Plose.
https://www.avient.com/sites/default/files/2020-11/controller-grip-case-study.pdf
The company needed to find the right material that met all their requirements to create the new control grips.
https://www.avient.com/sites/default/files/2020-07/core-powder-coatings-in-luxury-vehicles-case-study.pdf
THE SOLUTION The supplier’s design team approached Avient in hopes of finding an alternative material that could replace leather yet eliminate processing issues.
https://www.avient.com/sites/default/files/2020-10/fluoropolymer-cable-case-study-.pdf
Finding suppliers of fluoropolymer color and additive masterbatches able to meet its standards has not always been easy.
https://www.avient.com/sites/default/files/2020-08/carbonerro-paddle-case-study.pdf
THE IMPACT Finding a material that would add value to the user in the form of a lighter weight, higher performing paddle was critical.
https://www.avient.com/sites/default/files/2022-10/Cesa WithStand Patient Mobility Case Study %281%29.pdf
As a result, the design team at the OEM struggled to find a supplier who could achieve tight color matching tolerances across diverse polymeric materials.
https://www.avient.com/sites/default/files/2022-06/2021_CDP Supplier Engagement Rating_Avient.pdf
To find out more about category weightings, please download the ‘CDP Supplier Engagement Rating Methodology'. https://cdn.cdp.net/cdp-production/cms/guidance_docs/pdfs/000/002/489/original/SER-Introduction.pdf?