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Avient cites global demand, destocking as profits drop for 2022

For the year, sales at Avon Lake, Ohio-based Avient were up more than 2 percent to almost $3.4 billion. But the firm's annual profit plunged almost 46 percent to $82.8 million. ....

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Avient posts improved quarterly profit and sales

Sales for the quarter at Avon Lake, Ohio-based Avient were up 5 percent to $1.3 billion when compared to the same quarter in 2021. ....

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Avient at 'inflection point' as it buys DSM materials unit, plans sale of distribution business

The deals will continue Avient's focus on building an advanced composites platform, a strategy the company has been pursuing for 10 years. The transaction includes Dyneema, the strongest man-made fiber in the world. ....

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Avient resin distribution business being sold as it buys DSM's Protective Materials

The deals will continue Avient's focus on building an advanced composites platform, a strategy the company has been pursuing for 10 years. The transaction includes Dyneema, the strongest man-made fiber in the world. ....

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Avient posts record sales for 2021

Full-year 2021 sales at Avient Corp. were a little more than $4.8 billion, up almost 49 percent vs. 2020. The firm's profit for the year was up almost 73 percent to $230.6 million. ....

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