What Avient Corp. told the SEC could break it.

Avient is a polymer/materials formulator whose cost base is dominated by petrochemical and specialty-chemical inputs: it primarily purchases polyolefin and other thermoplastics, titanium dioxide, pigments, specialty additives, and ethylene. Resins and monomers (ethylene, propylene) are produced from natural gas and crude oil derivatives, so its raw-material costs track oil/gas and petrochemical pricing, and titanium dioxide and pigments add further commodity-chemical exposure (raw materials and supplies were $180.8M of inventory at year-end 2025). Price spikes or supply tightness in these inputs compress margins, though the company currently views supply as adequate.

“We primarily purchase polyolefin and other thermoplastics, titanium dioxide, pigments, specialty additives, and ethylene for use in our manufacturing operations, all of which we believe are currently in adequate supply.”

Avient conducts a substantial portion of its business outside the U.S. — approximately 61% of 2025 sales were to customers outside the U.S. and it operates 98 manufacturing sites across North/South America, EMEA and Asia — so changes in U.S. trade policy directly affect its cross-border flows. It flags that the U.S. has made, and may make further, changes including the negotiation/termination of trade agreements and higher tariffs on goods exported from or imported into the U.S., affecting trade with Canada, Mexico, China and the EU. Tariffs and trade barriers can raise input and finished-goods costs, disrupt its global supply chain, and dampen demand.

“The U.S. has instituted certain changes, and may propose additional changes, in trade policies that include the negotiation or termination of trade agreements, the imposition of higher tariffs on goods exported from the U.S. or imported into the U.S., and other government regulations affecting trade between the U.S. and other countries (such as Canada, Mexico, China, and the European Union) where we conduct our business.”