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Fibres/​Yarns/​Fabrics

Avient acquires Dyneema business

Deal involves six production facilities, four R&D centres and approximately 1,000 employees.

6th September 2022

Innovation in Textiles
 |  Cleveland, OH, USA

Protective

Avient Corporation, a provider of specialised material solutions headquartered in Cleveland, Ohio, has completed the purchase of the protective materials business of DSM – including the Dyneema brand – which will now be renamed Avient Protective Materials and reported within the company’s Specialty Engineered Materials segment.

“We proudly welcome our newest associates and valued customers joining us,” said Robert M. Patterson, chairman, president and chief executive officer of Avient Corporation.  “This next step in our transformation expands our material offerings to provide solutions that require the highest level of performance in applications where failure is not an option.”

The foundation of Avient Protective Materials will be Dyneema, billed as the world’s strongest fibre. It is 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 centres and approximately 1,000 employees located around the world.

“With the addition of the Protective Materials business, we have significantly increased the size of our fastest growing platform and firmly established Avient as a leader in the advanced composites space,” said Chris Pederson, president of specialty engineered materials at Avient Corporation.  “We look forward to collaborating with our customers to deliver on the ever-increasing requirements of product performance, achievable through innovation and material science.”

www.avient.com

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