https://www.avient.com/idea/andwin-scientific-innovation-improves-dosing-accuracy
Every year, 70,000 children in the United States are treated in emergency rooms for overmedication, according to the Centers for Disease Control and Prevention.
Seeking a partner that could provide consistency and local sourcing in North America and Asia, as well as establish drug master files for the United States and China, the Andwin Scientific team met with Avient, which has a range of technologies engineered to meet health care industry needs and regulations.
When the product went into full production in the United States, Andwin Scientific realized a number of key gains:
https://www.avient.com/investor-center/news/polyone-signs-agreement-divest-designed-structures-and-solutions
The decision to divest DSS comes after evaluating several strategic options for the business and concluding this is the best course of action for our customers, associates and shareholders," said
In accordance with US GAAP, the DSS business will be classified as "held for sale" and be reported as discontinued operations.
Accordingly, the company will be required to record the assets related to the DSS business at fair value, less an amount of estimated sale costs.
https://www.avient.com/global-terms-and-conditions-purchase
United States
https://www.avient.com/company/sustainability/people/ethics-transparency
These values are based on high ethical standards, and demand honesty and integrity in our business dealings.
We strive to uphold a consistent global standard of ethical conduct, while respecting the cultures and business practices of the countries and local communities with which we interact.
Our Code of Conduct establishes a clear set of ethical and behavioral standards for our business conduct.
https://www.avient.com/investor-center/news/polyone-acquires-gordon-composites-and-polystrand
Both acquired businesses will join
The purchase price for both businesses was
I'm extremely pleased to have these two great businesses and their employees join the
https://www.avient.com/investors/governance
To provide guidance on ethical business conduct, the board has approved a code of business conduct and a code of ethics and communicated their requirements to everyone within Avient.
Guidelines for ethical business conduct
Avient is dedicated to conducting business ethically and with integrity, and our Position on Human Rights is part of our commitment to socially responsible business practices.
https://www.avient.com/investor-center/investor-news/archives?page=35
PolyOne Associates Raise Over $1.5 Million for United Way
https://www.avient.com/investor-center/news/polyone-announces-increase-quarterly-dividend
We remain committed to reinvestment in our business and returning cash to shareholders through dividends and share repurchases.
They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities; the timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of service or quality caused by such closings and/or production shifts; separation and severance amounts that differ from original estimates; amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from original estimates; our ability to identify and evaluate acquisition targets and consummate acquisitions; the ability to successfully integrate acquired businesses into our operations, such as Gordon Composites and Polystrand, including whether such businesses will be accretive, retain the management teams of acquired businesses, and retain relationships with customers of acquired businesses; 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 financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; 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 the disposal of plastic 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; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; 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.
https://www.avient.com/investor-center/news/polyone-expands-specialty-offerings-acquisition-magenta-master-fibers
Similar to our past Color business acquisitions of ColorMatrix and Accella, we will utilize our invest-to-grow integration approach to help our customers innovate and succeed."
They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: unexpected costs that may arise from the announced acquisition of the Magenta business; any material adverse changes in the acquired Magenta business; our ability to achieve the strategic and other objectives relating to the acquired Magenta business, including any expected synergies; our ability to successfully integrate the acquired Magenta business and achieve the expected results of the acquisition, including, without limitation, the acquisition being accretive; our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities; the timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of service or quality caused by such closings and/or production shifts; separation and severance amounts that differ from original estimates; amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from original estimates; our ability to identify and evaluate acquisition targets and consummate acquisitions; the ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies and retain relationships with customers of acquired companies including, without limitation, Spartech Corporation and/or Accella Performance Materials; 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 financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; 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 the disposal of plastic 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; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; 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.
https://www.avient.com/investor-center/news/avient-provides-third-quarter-2020-performance-update
Most notably, our composites business is benefitting from increased demand for outdoor high performance applications.
added, "We are also benefitting from the acquisition of the Clariant Masterbatch business, which has been immediately accretive to adjusted EPS."
They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.