Avient Corporation - Company Research Report
Company Overview
Name: Avient Corporation
Mission: Avient exists to innovate material solutions to help our customers succeed while enabling a sustainable world.
Founded: No information is available on the exact founding date or founder.
Key People:
- Dr. Ashish K. Khandpur, President and Chief Executive Officer
- Jamie A. Beggs, Senior Vice President and Chief Financial Officer
- Philip G. Clark, Ph.D., Senior Vice President and Chief Technology Officer
- Giuseppe Di Salvo, Vice President, Treasurer and Investor Relations
- Kristen Gajewski, Senior Vice President and Chief Human Resources Officer
Headquarters: No information on the exact location of headquarters.
Number of Employees: Over 9,000 employees worldwide.
Revenue: No information on exact revenue figures.
Known For: Avient is known for providing specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world. Avient is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste, and certified Great Place to Work®.
Products
Advanced Composites:
- Defined for its solutions in building & construction, consumer goods, energy, healthcare, industrial, packaging, textiles, telecommunications, and transportation. Specific product details are not delineated.
Product Categories Include:
- Engineered Fiber Solutions: Comprising fiber-reinforced composites serving various industrial applications.
- Engineered Polymer Formulations: Includes solutions such as long fiber technology and high-temperature polymer concentrates.
- In-Vivo Formulations for Healthcare: Specific details on the applications or features are not delineated.
High-Level Descriptions / Key Features:
- Dyneema®: The world's strongest fiber, enabling unmatched levels of performance and protection for applications including ballistic personal protection, marine, sustainable infrastructure, and outdoor sports.
- Biocompatible PEEK Pre-Colored Compounds: For healthcare applications, providing ultra-high heat resistance, chemical resistance, and dimensional stability.
Recent Developments
Recent Launches:
- Complēt™ Long Fiber Polyketone Portfolio Expansion: Introduction of non-PFAS, flame-retardant formulations to the Complēt™ PKE portfolio.
- Biocompatible PEEK Pre-Colored Compounds for Healthcare: Launched at MEDICA 2024, focusing on performance and aesthetics in medical devices, meeting ISO 10993 biocompatibility standards.
- ColorMatrix™ Lactra™ LX Light-Blocking Additive: For dairy PET packaging, facilitating light blocking in single-layer PET containers.
Innovations:
- ColorForward™ 2026: An eclectic color palette forecasting tool guiding aesthetic design for plastics, marking 20th anniversary with color trends inspired by post-pandemic societal recharting.
New Partnerships/Collaborations:
- No specific information regarding new partnerships or collaborations.
Financial and Strategic Growth Initiatives:
- Avient Corporation announced significant expansions across various product lines and regions, in line with strategic growth initiatives focusing on sustainability and recycling innovation.
Avient Corporation continues to lead innovative developments in sustainable materials across multiple industries with a focus on recyclable solutions, energy efficiency, and scalable production models. The company aligns its advances with global sustainability trends and market demands to enable their customer's success and environmental progress.
