Avient Corporation provides specialized formulator services and sustainable material solutions in the United States Canada Mexico Europe South America and Asia It operates through three segments Color Additives and Inks Specialty Engineered Materials and Distribution The Color Additives and Inks segment offers specialized color and additive concentrates in solid and liquid form for thermoplastics dispersions for thermosets and specialty inks This segment products are used in various markets include medical pharmaceutical devices food packaging personal care cosmetics transportation building products recreational athletic apparel construction filtration outdoor furniture healthcare wire and cable The Specialty Engineered Materials segment provides specialty polymer formulations services and solutions for designers assemblers and processors of thermoplastic materials and long glass and carbon fiber technology to thermoset and thermoplastic composites The Distribution segment distributes approximately 4000 grades of engineering and commodity grade resins to custom injection molders and extruders The company sells its products through direct sales personnel distributors and commissioned sales agents The company was formerly known as PolyOne Corporation and changed its name to Avient Corporation in June 2020 Avient Corporation was founded in 1885 and is headquartered in Avon Lake Ohio