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Completed transformational Clariant Masterbatch acquisition and renamed the company as Avient.
February 15, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
Having completed its Clariant Masterbatch acquisition, Avient Corporation is reaping its benefits, as can be seen in its full year and fourth quarter results for 2020. The company reported fourth quarter 2020 sales of $997 million, up from $658.6 million in 4Q 2019. For the full year, sales were $3,242.1 million, up from $2,862.7 in 2019. Fourth quarter 2020 GAAP EPS from continuing operations was $0.81 compared to $0.08 in the prior year fourth quarter. Adjusted EPS of $0.52 exceeded the $0.4...
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