Avient Corporation

What the company does

• Avient develops materials solutions to improve product performance, appearance, differentiation, and sustainability.
• Product areas include:
  • Specialty engineered materials
  • Performance fibers
  • Advanced composites
  • Color and additive solutions
• The company also develops and manufactures performance-enhancing additives, liquid colorants, and silicone colorants.
• Business model: Avient does not produce commodity base resins. It sources resins, polymers, and additives and applies formulation, design, and manufacturing expertise to create engineered materials for specific applications.

Segments and end markets

• Segments:
  • Color, Additives and Inks
  • Specialty Engineered Materials
• End markets and applications span consumer and packaging, defense, healthcare, industrial, transportation, building and construction, telecommunications, energy, and more.

Global footprint

• 98 manufacturing sites worldwide across North America, South America, Asia, Europe, the Middle East, and Africa.
• Maintains a global footprint combined with local market knowledge and application expertise.

Financial highlights (2025)

• Revenue (sales): $3.3 billion in 2025.
• Employees: approximately 9,000 as of December 31, 2025.
  • Geographic mix: 33% in the U.S. and Canada; 33% in EMEA; 26% in Asia; 8% in Latin America.
• International exposure: about 61% of sales outside the United States.
• R&D expenditure: $96.7 million in 2025; $98.7 million in 2024; $90.3 million in 2023.
• Customer concentration: No single customer accounted for more than 3% of 2025 consolidated revenues.

History and corporate identity

• Formed as PolyOne Corporation on August 31, 2000, from the consolidation of The Geon Company and M.A. Hanna Company.
• Name changed to Avient Corporation effective June 30, 2020; ticker symbol changed from POL to AVNT at the start of trading on July 13, 2020.
• Headquarters: Avon Lake, Ohio.

Key capabilities and positioning

• Uses formulation science, materials science, and manufacturing operations to connect raw material suppliers with polymer processors and end-product manufacturers.
• Emphasizes safety, sustainability, and innovation as core strategic drivers.
• Invests in intellectual property (patents and trademarks) and maintains multiple research and development centers to support commercial and manufacturing activities.
• Maintains a strong focus on safety and the environment, including RCMS certification and a low injury incident rate relative to industry averages.

Selected operational details

• Raw materials sourcing focuses on polyolefins, other thermoplastics, titanium dioxide, pigments, specialty additives, and ethylene.
• End markets cover a diversified set of large industries.
• The company uses a broad manufacturing and distribution network to serve customers globally.