Avient completes acquisition of DSM Protective Materials

Photo Credit: Avient Corp.

Avient Corp. (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. 

“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,” says Chris Pederson, president, Specialty Engineered Materials, Avient Corp. “We look forward to collaborating with our customers to deliver on the ever-increasing requirements of product performance, achievable through innovation and material science.”