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Avient Corporation (NYSE: AVNT) delivers specialized polymer solutions and engineered materials for industries ranging from sustainable packaging to healthcare. This news hub provides investors and industry professionals with centralized access to official announcements, strategic developments, and market-moving updates.
Track Avient's latest earnings reports, material innovations, and sustainability initiatives through verified press releases and curated news analysis. Our repository includes updates on colorant technologies, engineered polymer advancements, and strategic partnerships that shape the specialty chemicals sector.
Discover timely information on Avient's Color & Additives segment developments and Specialty Engineered Materials applications. Stay informed about regulatory compliance updates, manufacturing expansions, and R&D breakthroughs in polymer science through this comprehensive resource.
Bookmark this page for streamlined access to Avient's corporate communications. Check regularly for updates on product launches, operational milestones, and industry leadership initiatives in advanced material solutions.
On May 22, 2024, International Paper (NYSE: IP) announced the election of Jamie A. Beggs and Scott A. Tozier to its Board of Directors, effective May 21, 2024. Additionally, Ilene S. Gordon retired from the Board due to personal and health reasons.
Beggs, a seasoned financial executive, is currently Senior Vice President and CFO of Avient Tozier, a strategic advisor and former CFO at Albemarle , brings extensive financial and M&A experience. Both will join the Audit and Finance Committee and the Public Policy and Environment Committee.
These changes leave the IP Board with 11 directors, nine of whom are independent. Clinton A. Lewis, Jr. was named chair of the Governance Committee.
The Board of Directors of Avient (NYSE: AVNT) has announced a quarterly cash dividend of $0.2575 per share on its common stock. This dividend will be paid on July 10, 2024, to stockholders who are on record as of June 21, 2024. Avient is recognized for its specialized and sustainable materials solutions. The announcement reflects the company's ongoing commitment to providing shareholder value through regular dividend payments.
Avient (NYSE: AVNT) reported first quarter 2024 sales of $829.0 million, with a GAAP EPS of $0.54 and adjusted EPS of $0.76, exceeding guidance. The company revised its full-year adjusted EPS guidance range to $2.50 to $2.65, reflecting strong first quarter results and a 6% to 12% growth over the prior year. The company highlighted strong demand for Dyneema® fiber technology and raw material deflation driving performance.
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