https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Recast%2520Financial%2520Information%2520-%2520ASU%25202017-07%2520-%2520Pension%2520and%2520Postretirement%2520Costs.pdf
Accordingly, mark to market adjustments, interest cost and expected return on plan asset components are now included in Other Income (Expense).
Description POLYONE CORPORATION 3 2013 to 2017 Recast GAAP Financial Information for the Adoption of ASU 2017-07 Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD Operating Income - As Previously Reported 56.3$ 73.1$ 55.5$ 58.1$ 243.0$ 56.0$ 49.3$ 57.9$ (12.6)$ 150.6$ 70.3$ 78.7$ 74.3$ 34.3$ 257.6$ Pension and Postretirement Adjustments: Interest Cost 6.1 6.1 6.1 6.2 24.5 6.4 6.4 6.4 6.4 25.6 5.5 5.5 5.5 5.4 21.9 Expected Return on Plan Assets (9.3) (9.3) (9.3) (9.5) (37.4) (8.1) (8.1) (8.0) (8.0) (32.2) (8.2) (8.2) (8.2) (8.1) (32.7) Mark to Market Adjustment - - - (44.0) (44.0) - - - 56.5 56.5 - - - 11.6 11.6 Operating Income - Recasted for ASU 2017-07 53.1$ 69.9$ 52.3$ 10.8$ 186.1$ 54.3$ 47.6$ 56.3$ 42.3$ 200.5$ 67.6$ 76.0$ 71.6$ 43.2$ 258.4$ Other Income (Expense), net - As Previously Reported 1.5$ (1.3)$ (1.5)$ -$ (1.3)$ (0.7)$ (0.4)$ (1.6)$ (1.4)$ (4.1)$ (0.6)$ (1.2)$ (1.7)$ 0.3$ (3.2)$ Pension and Postretirement Adjustments: Interest Cost (6.1) (6.1) (6.1) (6.2) (24.5) (6.4) (6.4) (6.4) (6.4) (25.6) (5.5) (5.5) (5.5) (5.4) (21.9) Expected Return on Plan Assets 9.3 9.3 9.3 9.5 37.4 8.1 8.1 8.0 8.0 32.2 8.2 8.2 8.2 8.1 32.7 Mark to Market Adjustment - - - 44.0 44.0 - - - (56.5) (56.5) - - - (11.6) (11.6) Other Income (Expense), net - Recasted for ASU 2017-07 4.7$ 1.9$ 1.7$ 47.3$ 55.6$ 1.0$ 1.3$ -$ (56.3)$ (54.0)$ 2.1$ 1.5$ 1.0$ (8.6)$ (4.0)$ Q1 Q2 Q3 Q4 YTD Q1 Q2 Q3 Q4 YTD Operating Income - As Previously Reported 70.4$ 81.8$ 72.0$ 62.1$ 286.3$ 84.0$ 80.0$ 67.7$ 45.8$ 277.5$ Pension and Postretirement Adjustments: Interest Cost 5.3 5.3 5.3 5.3 21.2 4.9 4.9 4.9 5.0 19.7 Expected Return on Plan Assets (7.9) (7.9) (7.8) (7.8) (31.4) (6.9) (6.9) (6.9) (7.0) (27.7) Mark to Market Adjustment - - - (8.4) (8.4) - - - 3.3 3.3 Operating Income - Recasted for ASU 2017-07 67.8$ 79.2$ 69.5$ 51.2$ 267.7$ 82.0$ 78.0$ 65.7$ 47.1$ 272.8$ Other Income (Expense), net - As Previously Reported -$ 0.1$ (0.1)$ 0.4$ 0.4$ (1.1)$ (1.4)$ (0.7)$ (0.9)$ (4.1)$ Pension and Postretirement Adjustments: Interest Cost (5.3) (5.3) (5.3) (5.3) (21.2) (4.9) (4.9) (4.9) (5.0) (19.7) Expected Return on Plan Assets 7.9 7.9 7.8 7.8 31.4 6.9 6.9 6.9 7.0 27.7 Mark to Market Adjustment - - - 8.4 8.4 - - - (3.3) (3.3) Other Income (Expense), net - Recasted for ASU 2017-07 2.6$ 2.7$ 2.4$ 11.3$ 19.0$ 0.9$ 0.6$ 1.3$ (2.2)$ 0.6$ 2013 2014 2015 2016 2017
https://www.avient.com/company/sustainability/sustainability-report/reporting/gri
Revenue: Business Segments, Geography and End Markets Page 8
Defined benefit plan obligations and other retirement plans
Prevention and mitigation of occupational health and safety impacts directly linked by business relationships
https://www.avient.com/news/dyneema-and-point-blank-deliver-1-million-alpha-elite-armor-systems-protect-us-law-enforcement
We’re extremely proud to have reached this milestone,” says Marcelo van de Kamp, Global Business Director for Dyneema® at Avient.
We look
forward to continuing our collaborative relationship and track record of material innovation to enable even greater protection for those who protect us.”
https://www.avient.com/news/avient-design-and-georgia-tech-students-team-innovate-polystrand-composites
The final presentations showcased a diverse array of innovative product concepts that effectively leveraged the properties of Polystrand continuous glass-fiber reinforced thermoplastic composites.
The Institute offers business, computing, design, engineering, liberal arts, and sciences degrees, as well as professional development and K-12 programs for fostering success at every stage of life.
https://www.avient.com/knowledge-base/case-study/navigating-challenges-semiconductor-packaging-specialty-polymer-solutions
According to a report by Fortune Business Insights¹, the global data center market size was valued at USD 219.23 billion in 2023 and is projected to grow from USD 242.72 billion in 2024 to USD 584.86 billion by 2032, exhibiting a CAGR of 11.6%., resulting in an increased demand for specialty packaging to safely transport silicon wafers and semiconductors.
Citations: ¹Fortune Business Insights "Data Center Market Regional Forecast, 2024-2032" https://www.fortunebusinessinsights.com/data-center-market-109851
https://www.avient.com/news/avient-features-sustainable-polymer-colorants-and-additives-specialty-engineered-materials-and-services-plastimagen-2023
This follows Avient’s recent Gold Rating certification achievement from EcoVadis, a globally renowned sustainability ratings platform, for its commitment to sustainability, ethics, and responsible business practices.
In addition, knowledgeable representatives from Avient’s color and additives and specialty engineered materials businesses will be on hand to help customers address application needs, discuss sustainability goals, and leverage extensive material and application knowledge.
https://www.avient.com/sites/default/files/2024-02/Fiber-Line Braiding Product Bulletin.pdf
For over 35 years, Avient’s Fiber-Line business has provided science-driven expertise that improves the performance and functionality of high performance fibers.
We believe that our ongoing commitment to be a leading sustainable organization and to remain at the forefront of fiber and coating technology will continue to drive the success of our customers, shareholders, and employees.
https://www.avient.com/sites/default/files/resources/Specialty%2520Inks%2520-%2520BU%2520Overview.pdf
The addition of the Rutland Group in 2017 allowed us to further continue our focus to become an innovative leader in specialty inks.
This literature shall NOT operate as permission, recommendation, or inducement to practice any patented invention without permission of the patent owner. www.polyone.com Specialty Inks Global Headquarters and Manufacturing Plant 8155 Cobb Center Drive Kennesaw, GA 30152 Phone: +1 800.326.0226 Wilflex Warehouse Knowsley, Merseyside, L34 9GT Unity Grove, Knowsley Business Park Phone: +44 151 547 3800 Rutland Manufacturing Plant 10021 Rodney Street Pineville, NC 28134 Phone: +1 704.553.0044 Toll Free: +1 800.438.5134 Union Ink Manufacturing Plant 10021 Rodney Street Pineville, NC 28134 Phone: +1 704.553.0046 Toll Free: +1 800.438.5134 QCM Manufacturing Plant 10021 Rodney Street Pineville, NC 28134 Phone: +1 704.553.0046 Toll Free: +1 800.438.5134 Printop Manufacturing Plant Sociedad Química Alemana S.A.
https://www.avient.com/sites/default/files/2023-06/EZR Gun Grip Case Study.pdf
EZR Sport wanted a flexible foam grip that could be chemically resistant to gun oil and diethyltoluamide or DEET (the most common active chemical ingredient in insect repellents), UV resistant for longer-lasting aesthetics, and compliant with California’s Proposition 65 law (requiring businesses to provide warnings to Californians about significant exposures to chemicals that cause cancer, congenital disabilities or other reproductive harm).
The continuous assistance from their experts has been instrumental in ensuring our ongoing progress and achievement.” © 2023, All Rights Reserved Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012 Click here to learn more about Avient CORE™ Non-Phthalate Plastisols or call 1-844-4AVIENT https://www.avient.com/company/sustainability/sustainability-report/products/no-surprises-pledge-0 https://www.avient.com/products/vinyl-formulations/vinyl-plastisols-organosols/core-non-phthalate-plastisols
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Guide to processing Polystrand™ Continuous Fiber Reinforced Thermoplastic Composites