• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    Jim Kochanny, INX International Ink Co.

    Neil Hersh - ECKART America

    The Packaging Ink Market in 2023

    Sustainability and the Ink Industry

    Industry is Looking Forward to the 2023 European Coatings Show
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Video Bites
    Top News
    DuPont Artistri Inks Expands Pigment Inks Portfolio at ITMA 2023

    Toyochem Constructs New Pilot Facility for High-Performance Polymers

    UFlex Reports Unaudited 4Q, Full Year 2023 Results

    Weekly Recap: INX Digital, hubergroup and HP Top This Week’s Stories

    Mactac Acquires Canadian Roll Label Distributor Label Supply
    Whitepapers
    Glossary
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    DuPont Artistri Inks Expands Pigment Inks Portfolio at ITMA 2023

    UFlex Reports Unaudited 4Q, Full Year 2023 Results

    Roland DGA Announces Key Service Department Personnel Changes

    Videojet Introduces Two New Non-CMR Inks for Food and Beverage Packaging

    Kodak Acquires Graphic Systems Services Inc.
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    Active Minerals International Announces Price Increase

    Evonik: Weak Economy Characterizes Difficult 1Q 2023

    Neil Hersh - ECKART America

    Brilliant Group Adds Mike Oberski, Alex Gerasimov

    TrustChem USA Appoints Michele Claeson VP of Sales
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    IM GROUP Gathers Best Industrial Tinting System for 10th Year in a Row

    Ross Offers Large Scale Condensate Receiver Tanks, Other Pressure Vessels

    ROSS V Cone Tumble Blenders Set for High Accuracy Mixtures

    Phoseon to Show Latest UV LED Curing Systems at Labelexpo Mexico

    Dr. Gregory Pace Joins RadTech
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Hydrite

    Shamrock Technologies, Inc.

    Heubach Group | Heubach Colorants USA, LLC

    Microtrac MRB, part of Verder Scientific

    Micro Powders, Inc.
    Industry Events
    Live from Show Event
    Webinars
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Glossary
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • Podcasts
    • eBook
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Avient Announces Record 2Q 2021 Results

    Sales increased 42% to $1.235 billion and adjusted EPS increased 107% to $0.87, driven by very strong demand conditions in nearly all end markets.

    Avient Announces Record 2Q 2021 Results
    08.02.21
    Avient Corporation reported its second quarter results for 2021. Second quarter 2021 GAAP EPS from continuing operations was $0.74 compared to $0.25 in the prior year second quarter.

    The company cited robust demand across all end markets, particularly in consumer applications (up 67%) as revenue increased 42% to $1.235 billion. The revenue growth, coupled with expanding margins and synergy capture from the Clariant Masterbatch integration, led to a 107% increase in adjusted EPS to $0.87 versus $0.42 in the prior year quarter.

    The company also noted that on July 1, 2021 it acquired Magna Colours Ltd., a market leader in sustainable, water-based inks technology for the textile screen printing industry. "Magna represents another addition to our growing portfolio of sustainable solutions, as brand owners seek eco-conscious materials for their customers,"  Patterson said.

    "I'm very pleased with our results as second quarter sales and adjusted EPS reached all-time highs driven by our portfolio of sustainable solutions and continued strong demand conditions," said Robert M. Patterson, chairman, president and CEO, Avient Corporation. "In addition, it has been just over a year since we acquired Clariant Masterbatch and we became Avient. Our first year of integration has been a tremendous success.

    "But none of this has been easy," Patterson continued. "We are delivering record results against a backdrop of incredibly challenging conditions, including the ongoing COVID-19 pandemic, significant supply chain disruptions and inflation. I'm more proud that we have been able to overcome these additional costs to increase adjusted EPS, while serving our customers and keeping our employees healthy and safe."
    Related Searches
    • Screen Inks
    Related Knowledge Center
    • Screen Inks
    Suggested For You
    PRINTING United Expo 2023 PRINTING United Expo 2023
    C. Withington Co. Inc. C. Withington Co. Inc.
    Demand for Sustainable Print Technologies Creates New Opportunities Demand for Sustainable Print Technologies Creates New Opportunities
    Avient Acquires Magna Colours, Adds to Screen Ink and Sustainability Portfolio Avient Acquires Magna Colours, Adds to Screen Ink and Sustainability Portfolio
    hubergroup Debuts Hydro-X Water-Based Ink Mixing System hubergroup Debuts Hydro-X Water-Based Ink Mixing System
    Flint Group Heads to SuperCorrExpo 2021 Flint Group Heads to SuperCorrExpo 2021
    International Paper Reports 2Q 2021 Results International Paper Reports 2Q 2021 Results
    Graphic Packaging Reports 2Q 2021 Results Graphic Packaging Reports 2Q 2021 Results
    Ingevity Reports 2Q 2021 Financial Results Ingevity Reports 2Q 2021 Financial Results
    Arkema Releases 2Q 2021 Results Arkema Releases 2Q 2021 Results
    Avery Dennison Announces 2Q 2021 Results Avery Dennison Announces 2Q 2021 Results
    Flint CPS: Continued Concern over Rising Cost, Reduced Availability of Raw Materials for Inks Flint CPS: Continued Concern over Rising Cost, Reduced Availability of Raw Materials for Inks
    PPG to Expand Production Capacity for PPG ISENSE Gloss Beverage Can Coatings PPG to Expand Production Capacity for PPG ISENSE Gloss Beverage Can Coatings
    Xaar Opens New Corporate HQ in Cambridge, UK Xaar Opens New Corporate HQ in Cambridge, UK
    SICPA Names Greg Dunn New CEO of North America SICPA Names Greg Dunn New CEO of North America

    Related Industry Events

    • PRINTING United Expo 2023

      ...
      12.27.22

    • C. Withington Co. Inc.

      ...
      C. Withington Co. Inc., C. Withington Co. Inc. 07.27.22

    • Breaking News | Ink Manufacturers News | Market Research | Printers News
      Demand for Sustainable Print Technologies Creates New Opportunities

      Demand for Sustainable Print Technologies Creates New Opportunities

      More environmentally friendly printing is fast emerging as a key industry trend for the 2020s.
      09.06.21


    • Ink Manufacturers News | Mergers and Acquisitions | Screen Inks
      Avient Acquires Magna Colours, Adds to Screen Ink and Sustainability Portfolio

      Avient Acquires Magna Colours, Adds to Screen Ink and Sustainability Portfolio

      Magna Colours’ water-based screen ink technology, emphasis on sustainability will benefit customers.
      David Savastano, Editor 09.01.21

    • Breaking News | Ink Manufacturers News | Sheetfed Inks | Testing, Color and QC
      hubergroup Debuts Hydro-X Water-Based Ink Mixing System

      hubergroup Debuts Hydro-X Water-Based Ink Mixing System

      All components of the Hydro-X Green Line Premium ink mixing system are Cradle to Cradle Certified at Bronze level.
      09.01.21

    Loading, Please Wait..
    Trending
    • WestRock Advances Its Commitment To A Sustainable Future
    • DuPont Artistri Inks Expands Pigment Inks Portfolio At ITMA 2023
    • Toyochem Constructs New Pilot Facility For High-Performance Polymers
    • Videojet Introduces Two New Non-CMR Inks For Food And Beverage Packaging
    • What Are The Types Of Printing Inks?
    Breaking News
    • DuPont Artistri Inks Expands Pigment Inks Portfolio at ITMA 2023
    • Toyochem Constructs New Pilot Facility for High-Performance Polymers
    • UFlex Reports Unaudited 4Q, Full Year 2023 Results
    • Weekly Recap: INX Digital, hubergroup and HP Top This Week’s Stories
    • Mactac Acquires Canadian Roll Label Distributor Label Supply
    View Breaking News >
    CURRENT ISSUE

    April 2023

    • The Packaging Ink Market in 2023
    • Sustainability and the Ink Industry
    • Energy-Curable Ink Market Continues to Grow
    • The 2023 Resin Report
    • Arriving Soon: The EU's New Dawn for Industry
    • Industry is Looking Forward to the 2023 European Coatings Show
    • Videojet Makes Its Mark in Coding Solutions
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    SmartyPants Vitamins Launches New Line of Gelatin-Free Multivitamin Gummies
    Flavanol Deficiency Linked to Age-Related Memory Decline: COSMOS-Web Study
    AHPA to Attend CITES Plants Committee Meeting in Geneva
    Coatings World

    Latest Breaking News From Coatings World

    PPG Opens $30-Million Battery Pack Application Center in China
    Fact.MR: Steel Pipe Coatings Market To Hit $14.0 Billion By 2033
    Omya Extends Lightweight Fillers Portfolio with the Acquisition of Bublon
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Microbot receives Grant for Endovascular Surgical Robot System
    Recall of Abiomed's Impella 5.5 with SmartAssist is Class I
    New FDA Nod Boosts Philips, Masimo Partnership
    Contract Pharma

    Latest Breaking News From Contract Pharma

    KBI Biopharma Unveils KBI PUREplatform
    AGC Biologics Introduces AGCellerate to Deliver IND-Ready GMP Material
    Element Creates New Lab Solutions Division
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Fasten Wins Gold at German Innovation Awards
    Attitude Expands Oceanly Makeup Collection
    L'Oréal Leads Funding Round for Biotech Company, Debut
    Happi

    Latest Breaking News From Happi

    Skylar’s ‘Boardwalk Delight’ Eau de Parfum Launches to Record Success at Sephora
    Register for the IBA Cocktail Reception in Las Vegas During Cosmoprof North America
    Amyris Announces Transformation Program
    Ink World

    Latest Breaking News From Ink World

    DuPont Artistri Inks Expands Pigment Inks Portfolio at ITMA 2023
    Toyochem Constructs New Pilot Facility for High-Performance Polymers
    UFlex Reports Unaudited 4Q, Full Year 2023 Results
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Baldwin to exhibit 'Complete Quality Control Solutions' at High Security Printing Latin America
    Label Source acquires division of OMNI Systems
    Vetaphone demos ‘M’ corona treater at Mark Andy showroom
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Maxcess International Opens New Facility in Mumbai
    emtec Showcases Groundbreaking Achievement in Haptic Measurement
    Hollingworth & Vose Joins United Nations Global Compact initiative
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    Orthonika Receives Grant for Total Meniscus Replacement
    Treace to Buy RPM-3D Tech for Up to $30 Million
    Former BD, J&J Executives Join Acuitive Technologies Board
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Schreiner Group Receives Three FINAT Awards
    MClimate Releases Maintenance-Free CO2 Display
    Blackstone Completes Acquisition of Majority Stake of Copeland

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login