https://www.avient.com/news/polyone-advanced-composites-debuts-unparalleled-lightweight-structural-technology-portfolio-camx-2016
– PolyOne Advanced Composites, a new platform within PolyOne’s Specialty Engineered Materials business, is exhibiting for the first time at CAMX 2016, a premier composites industry event.
The new platform consists of two recently acquired businesses, Polystrand and Gordon Composites, combined with PolyOne’s existing Glasforms unit.
These multiple solutions and technologies will help accelerate formulation development for the most demanding engineered applications, according to Borowiec.
https://www.avient.com/investor-center/news/avient-completes-acquisition-dsm-protective-materials-dyneema
The business includes six production facilities, four R&D centers and approximately 1,000 employees located around the world.
With the addition of the Protective Materials business, we have significantly increased the size of our fastest growing platform and firmly established
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: 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 effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks, including recessionary conditions; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including without limitation, any supply chain and logistics issues; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; 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; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; our ability to successfully integrate the Avient Protective Materials business and achieve the expected results of the business, including without limitation, the acquisition being accretive; any material adverse changes in the business supporting the Distribution assets being sold; the ability to obtain required regulatory approvals and otherwise consummate the proposed sale of the Distribution business; our ability to achieve the strategic and other objectives relating to the Avient Protective Materials business and the proposed sale of the Distribution business; and other factors described in our Annual Report on Form 10-K for the year ended
https://www.avient.com/company/policies-and-governance/colormatrix-europe-limited-modern-slavery-and-human-trafficking-statement-0
Supplier adherence to our values
We are committed to doing business the right way, including without limitation, conducting business ethically and minimizing the risk of slavery and human trafficking in our own business and in that of our suppliers as much as possible.
The process will act as an architecture for Direct Material provider approval, maintenance, development, performance and assessment and will utilise spending levels, Vendor Scorecard and QMS profile to identify the risk levels for a supplier.
We are committed to doing business the right way, including without limitation, conducting business ethically and to minimizing the risk of slavery and human trafficking in our own business and in that of our suppliers as much as possible.
https://www.avient.com/news/polyone-acquires-specialty-assets-accella-performance-materials
Accella will retain its polyurethanes and rubber products businesses.
The acquired Accella technology portfolio complements our existing specialty business, and expands our presence in fast-growing end markets that are aligned with key megatrends.”
We will leverage our best-in-class technical, commercial and operational capabilities to drive growth for this new business, PolyOne, and most importantly our customers.”
https://www.avient.com/investor-center/news/polyone-hires-christopher-pederson-president-specialty-engineered-materials
Pederson has leveraged both his highly-technical expertise and P&L business leadership to great success.
where he served in various composite product development and engineering roles for high-profile military aircraft programs over a 10-year period.
Pederson later joined Cytec, where he led composite product development for the
https://www.avient.com/news/circular-solution-dyneema-recognized-milipol-innovation-awards-finalist
With the support of the Sustainable Development Office of French Ministry of Interior (Mission Development Durable), more than 250 soft armor vests from the French Police and Gendarmerie Nationale containing Dyneema® ballistic material were taken from the field and tested on a pilot scale – successfully eliminating more than 400 kg of waste to reinstate Dyneema® back into the circular economy.
Increasing regulations across the defense and security industry are putting further demands on material suppliers to find end-of-life solutions for their products,” said Marcelo van de Kamp, global business director for personal protection at Avient.
The Milipol Innovation Awards were designed to honor the most innovative companies in products, materials, services, solutions or business models related to the homeland security industry.
https://www.avient.com/investor-center/news/polyone-host-investor-conference-call
The company cited strong performance from its North American businesses, which is helping to offset early first quarter impacts of the COVID-19 virus in China.
With this in mind, we have activated business continuity measures in all regions to ensure we're utilizing our global footprint and resources to continue to serve our customers.
the time required to consummate the acquisition of Clariant's color and additive masterbatch business; the satisfaction or waiver of conditions in the purchase agreements; any material adverse changes in Clariant's color and additive masterbatch business; the ability to obtain required regulatory or other third-party approvals and consents and otherwise consummate the proposed acquisition of Clariant's color and additive masterbatch business; our ability to achieve the strategic and other objectives relating to the proposed acquisition of Clariant's color and additive masterbatch business, including any expected synergies; our ability to successfully integrate Clariant's color and additive masterbatch business and achieve the expected results of the acquisition of Clariant's color and additive masterbatch business, including, without limitation, the acquisition being accretive; 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 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 plastics 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 raise or sustain prices for products or services; an ability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to acquisitions and integration, working capital reductions, costs reductions and employee productivity goals; information systems failures and cyberattacks; 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-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/investor-center/news/polyone-completes-sale-performance-products-and-solutions
NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, has completed the previously announced sale of its Performance Products and Solutions (PP&S) business to
applications and be an important partner for our Distribution business."
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.
https://www.avient.com/company/sustainability/sustainability-report/products/supplier-collaboration-evaluation
Our Supplier Code of Conduct drives interactions with our suppliers and expectations for doing business, and is aligned closely with International Labor Organization (ILO) standards.
The intent is for Avient to increase supply chain compliance, and to make business allocation and sourcing decisions on who we partner with based on sustainability and quality-related risk.
Avient’s business objective is to use conflict free materials and components in our products and expects our global supply chain partners to do the same.