https://www.avient.com/contact-0?area_of_inquiry=colormatrix
Formerra (Avient Distribution)
Dyneema®
https://www.avient.com/sites/default/files/2022-04/Avient Q1 2022 Earnings Release.pdf
This excludes the impact of EPS accretion from
the Dyneema acquisition.”
2
The company is providing its first quarter results in anticipation of discussions with investors,
following the signing of an agreement with Royal DSM (“DSM”) to purchase the DSM Protective
Materials business (including the Dyneema® brand) (“Dyneema”).
Avient will be hosting a webcast on Wednesday April 20, 2022 to discuss the Dyneema
transaction as well as its first quarter 2022 results.
Factors that could cause
actual results to differ materially from those implied by these forward-looking statements include,
but are not limited to: the ability and time required to consummate the acquisition of Dyneema;
our ability to achieve the strategic and other objectives relating to the proposed acquisition of
Dyneema; disruptions, uncertainty or volatility in the credit markets that could adversely impact
the availability of credit already arranged and the availability and cost of credit in the future; the
effect on foreign operations of currency fluctuations, tariffs and other political, economic and
regulatory risks; the current and potential future impact of the COVID-19 pandemic on our
business, results of operations, financial position or cash flows; changes in polymer consumption
growth rates and laws and regulations regarding plastics in jurisdictions where we conduct
business; fluctuations in raw material prices, quality and supply, and in energy prices and supply;
production outages or material costs associated with scheduled or unscheduled maintenance
programs; unanticipated developments that could occur with respect to contingencies such as
litigation and environmental matters; an inability to raise or sustain prices for products or services;
information systems failures and cyberattacks; and other factors affecting our business beyond
our control, including without limitation, changes in the general economy, changes in interest
rates and changes in the rate of inflation.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
Cullen - Materials Innovation and Sustainability Lead
“With Dyneema you are able to make a very lightweight lifting product, and therefore save
a lot of energy.”
Nets made of Dyneema are very strong and very light… Less weight means less fuel burn,
very interesting for us.”
https://www.avient.com/investor-center/news/avient-completes-sale-distribution-business-hig-capital
Completing the sale of Distribution enables us to be modestly levered while advancing our specialty transformation with the recent acquisition of DSM's Protective Materials business and the Dyneema brand," said
Dyneema®, the world's strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports
https://www.avient.com/center-of-excellence/avient-latin-america
Dyneema® to Exhibit at the Functional Fabric Fair and Reveal Groundbreaking New Technology...
Dyneema® Announces Collaboration with Toyobo MC in Floating Offshore Wind Turbine Mooring Systems for Japan...
https://www.avient.com/investor-center/news/avient-announces-quarterly-dividend-7
Dyneema®, the world's strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports
https://www.avient.com/investors/investor-news?page=3
Avient Completes Acquisition of DSM Protective Materials (Dyneema®)...
https://www.avient.com/news/archives?page=12
Dyneema® Launches New Website and Brand Identity, Showcasing the Strengths It Brings to Its Value Chain
https://www.avient.com/news/archives?page=16
Avient Achieves Reexamination Certificate for Dyneema® Cut-Resistant Yarn Patent
https://www.avient.com/investor-center/news/avient-announces-commencement-725-million-senior-notes-offering
and (b) certain other assets related to Royal DSM's protective materials business (including the Dyneema® Brand) (such equity and assets together, the "Dyneema Business," and such acquisition, the "Acquisition").
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks, including recessionary conditions; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including without limitation, any supply chain and logistics issues; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; any material adverse changes in the Dyneema Business; our ability to achieve the strategic and other objectives relating to the Acquisition and the possible sale of the Distribution business segment; and other factors described in our Annual Report on Form 10-K for the year ended