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Avient Provides 3Q 2020 Performance Update

Projected free cash flow of $80 million in third quarter; $240 million for full year 2020.

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By: Anthony Locicero

Copy editor, New York Post

Avient Corporation provided third quarter financial performance expectations as well as updated synergy estimates related to the Clariant Masterbatch acquisition.   “We are seeing a recovery in demand in the third quarter, and expect to deliver adjusted EPS of approximately $0.43,” said Robert M. Patterson, chairman, president and CEO, Avient Corporation. “Most notably, our composites business is benefitting from increased demand for outdoor high-performance applications. A...

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