Avient completes acquisition of DSM Protective Materials
DSM’s Dyneema specialty fiber is the foundation of the new Avient Protective Materials business of Avient Corp.
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. (Cleveland, Ohio, U.S.), a provider of specialized and sustainable material solutions, announced on Sept. 1 that it has completed purchase of the protective materials business of DSM (including the Dyneema brand), which will now be called Avient Protective Materials and reported within the company’s Specialty Engineered Materials segment.
“We proudly welcome our newest associates and valued customers joining us today,” says Robert M. Patterson, chairman, president and CEO of Avient Corp. “This next step in our specialty transformation expands our material offerings to provide solutions that require the highest level of performance in applications where failure is not an option.”
The Dyneema brand and technology is said to be the foundation of Avient Protective Materials. Dyneema is an ultra-lightweight specialty fiber that is said to be 15 times stronger than steel and used in demanding applications such as ballistic personal protection, marine and sustainable infrastructure, renewable energy, industrial protection and outdoor sports. The business includes six production facilities, four R&D centers and approximately 1,000 employees globally.
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