Avient Corporation (AVNT)

USD 42.37

(-7.73%)

Market Cap (In USD)

3.87 Billion

Revenue (In USD)

3.14 Billion

Net Income (In USD)

75.7 Million

Avg. Volume

497.69 Thousand

Currency
USD
Country
Basic Materials
Open
-
Prev. Close
-
Day Range
-
Year Range
35.5-54.68
PE
-
EPS
-
Beta Value
1.498
ISIN
US05368V1061
CUSIP
05368V106
CIK
1122976
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Basic Materials
Industry
Chemicals - Specialty
CEO
Dr. Ashish K. Khandpur Ph.D.
Employee Count
-
Website
https://www.avient.com
Ipo Date
1999-09-13
Details
Avient Corporation provides specialized formulator, services, and sustainable material solutions in the United States, Canada, Mexico, Europe, South America, and Asia. It operates through three segments: Color, Additives and Inks; Specialty Engineered Materials; and Distribution. The Color, Additives and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics; dispersions for thermosets; and specialty inks. This segment products are used in various markets include medical, pharmaceutical devices, food packaging, personal care, cosmetics, transportation, building products, recreational, athletic apparel, construction, filtration, outdoor furniture, healthcare, wire, and cable. The Specialty Engineered Materials segment provides specialty polymer formulations, services, and solutions for designers, assemblers, and processors of thermoplastic materials; and long glass and carbon fiber technology to thermoset and thermoplastic composites. The Distribution segment distributes approximately 4,000 grades of engineering and commodity grade resins to custom injection molders and extruders. The company sells its products through direct sales personnel, distributors, and commissioned sales agents. The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020. Avient Corporation was founded in 1885 and is headquartered in Avon Lake, Ohio.