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Avient Announces 3Q 2020 Results

Integration with the Clariant Masterbatch business continues to exceed expectations.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Avient Corporation reported its third quarter results for 2020. GAAP earnings per share (EPS) from continuing operations were $0.02 in the third quarter of 2020 compared to $0.30 in the third quarter of 2019.   The company noted that GAAP EPS includes special items primarily associated with acquisition-related costs and an adjustment to environmental reserves. Acquisition-related costs primarily consist of inventory step-up and the financing commitment for the Clariant Masterbatch acquisitio...

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