PolyOne completes major acquisition, goes forward with a new company name

Avient Acquisition of Clariant Masterbatch Business Strengthens Global Growth

Avient Corporationย has completed the Avient acquisition Clariant masterbatch business fromย Clariantย and Clariant Chemicals India Ltd. The company also rebranded from PolyOne to Avient, marking a major step in its global growth strategy.

Strategic Acquisition Expands Global Operations

The acquisition adds 46 manufacturing sites and technology centers across 29 countries. Around 3,500 employees from the Clariant Masterbatch business will join Avientโ€™s Color, Additives and Inks segment, strengthening its global workforce and capabilities.

Focus on Specialty and Sustainable Solutions

Avient continues to shift toward high-value specialty applications. The company now expects more than 85% of its adjusted EBITDA to come from specialty products, a significant increase from less than 10% a decade ago.

This transition supports Avientโ€™s focus on sustainable polymer solutions and innovation across industries.

Leadership Highlights New Brand Direction

โ€œWe proudly welcome our newest associates and valued customers from Clariant Masterbatch,โ€ said Robert M. Patterson, President and CEO of Avient. โ€œUnder our new name, we unite two global leaders to build a specialty company focused on sustainability, innovation, and long-term value.โ€

Building a Future-Focused Organization

Avient aims to create a stronger, more sustainable business by combining expertise, expanding global reach, and investing in advanced material solutions. The company continues to position itself as a leader in specialty polymers and sustainable innovation.

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