Avient Corporation is a manufacturer of specialized

polymer A polymer () is a chemical substance, substance or material that consists of very large molecules, or macromolecules, that are constituted by many repeat unit, repeating subunits derived from one or more species of monomers. Due to their br ...

materials headquartered in Avon Lake, Ohio. Its products include

thermoplastic A thermoplastic, or thermosoftening plastic, is any plastic polymer material that becomes pliable or moldable at a certain elevated temperature and solidifies upon cooling. Most thermoplastics have a high molecular weight. The polymer chains as ...

compounds, plastic colorants and additives, thermoplastic resins,

vinyl Vinyl may refer to: Chemistry * Polyvinyl chloride (PVC), a particular vinyl polymer * Vinyl cation, a type of carbocation * Vinyl group, a broad class of organic molecules in chemistry * Vinyl polymer, a group of polymers derived from vinyl ...

resins, thermoplastic composites and specialty thermoset composite materials.

History

PolyOne was formed on August 31, 2000 from the consolidation of The Geon Company (Geon) and M.A. Hanna Company (Hanna). The merger between M.A. Hanna Company and The Geon Company in 2000 produced PolyOne Corporation. In 2009, PolyOne was ranked #731 on the

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list and included in the S&P 600 investment index. Hanna was formed in 1885 as a privately held company focused on mining and shipping and became publicly held in 1927. In the mid-1980s, Hanna began to divest its historic mining and shipping businesses to focus on polymers. Hanna purchased its first polymer company in 1986. Geon’s roots date back to 1927 when

BFGoodrich BFGoodrich is an American tire brand. Originally part of the industrial conglomerate Goodrich Corporation, it was acquired in 1990 (along with Uniroyal, then The Uniroyal Goodrich Tire Company) by the French tire maker Michelin. BFGoodrich wa ...

scientist Waldo Semon produced the first usable vinyl polymer, marketed under the trade name “Geon”. In 1933, Waldo Semon was granted US Patent for PVC (U.S. Patent No. 1929453), and in 1948,

created a vinyl plastic division that was subsequently spun off through a public offering in 1993, creating Geon as a separate publicly held company. In October 2019, PolyOne sold its performance products and solutions business unit, renamed to GEON Performance Solutions, to SK Capital. In 2020, PolyOne acquired a division of Clariant and rebranding to the name Avient, and in 2021 acquired Magna Colours Ltd. for $48 million. In April 2022, Avient Corporation has entered into an agreement with Royal DSM to purchase the DSM Protective Materials business for a purchase price of $1.485B.

References

External links

*
Avient official website
{{Authority control Companies listed on the New York Stock Exchange Companies based in Ohio American companies established in 2000 Plastics companies of the United States Avon Lake, Ohio