02 Jul 2020 --- PolyOne, a leading global provider of specialized polymer materials and services, has completed the US$1.44 billion purchase of Clariant and Clariant Chemicals India’s color masterbatch businesses. PolyOne also announced that it has changed its name to Avient. Under its new brand name, Avient brings together two major global players with the aim of creating a specialty company focused on environmentally sustainable solutions. Clariant regards the divestment as an important milestone in its transformation into a focused specialty chemicals company.
