What happened to PolyOne Corp?

What happened to PolyOne Corp?

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.

Who bought PolyOne?

SK Capital has agreed to acquire the performance products and solutions business (PPB) of PolyOne Corporation for approximately $775 million.

Does Avient own PolyOne?

PolyOne also announced that it has changed its name and will now be called Avient. “We proudly welcome our newest associates and valued customers from Clariant Masterbatch. They are joining us on Day 1 of this new era for our company, which as of today will be named Avient,” said Robert M.

Why did PolyOne become Avient?

Avient is a neologism invented to reflect the company’s commitment to inspiring each other and the world to “pursue and achieve our fullest potential,” said the company. announced in December 2019.

What does PolyOne do?

PolyOne Corporation is a global provider of specialized polymer materials and services. PolyOne has operations in thermoplastic compounds, specialty polymer formulations, color and additive systems, thermoplastic resin distribution, and vinyl resins.

Is Geon part of PolyOne?

Hanna and Geon merged to form PolyOne Corporation. The combination created the world’s largest polymer company, with a range of operations consisting of polymer compounds, color and additive systems, specialty resins, rubber compounds, engineered films, and polymer distribution.

What does PolyOne make?

Is Avient a good place to work?

75% of employees at Avient say it is a great place to work compared to 57% of employees at a typical U.S.-based company. Source: Great Place to Work® 2021 Global Employee Engagement Study.

Is Avient a good company?

Is Avient a good company to work for? Avient has an overall rating of 3.7 out of 5, based on over 360 reviews left anonymously by employees. 71% of employees would recommend working at Avient to a friend and 65% have a positive outlook for the business.

Did Geon buy PolyOne?

Geon was one of the brands in the business unit under PolyOne. The new company, which has 12 global manufacturing locations, will be headquartered in Avon Lake.

Who is Geon?

GEON® Performance Solutions is a global leader in plastic compounded solutions and the leading brand in PVC compounds. We offer a range of formulated PP and other TPOs, contract manufacturing solutions and strategic manufacturing services.

What does avient Corporation do?

At Avient, our business is structured to provide your operations with the specialized polymer materials, services and solutions you need. We are a premier provider of specialty polymer formulations, color and additive systems, packaging solutions, and polymer distribution.