https://www.avient.com/sites/default/files/2024-12/Complet PKE Product Bulletin.pdf
Complēt™ PKE Formulations
Complēt™ PKE formulations are long glass fiber
reinforced polyketone solutions for structural
applications using metal today.
They also
offer over 2x higher impact properties than short
fiber reinforced solutions, while maintaining impact
properties in cold and demanding environments.
KEY CHARACTERISTICS
• Chemical resistance
• Maintaining high impact performance at low
temperatures
• Low moisture uptake
• Dimensional stability comparable to nylon
• Higher impact resistance than short fiber
alternatives
• Eco-conscious alternative to nylons
• More cost-effective solution than specialty
nylons
• Available in non-PFAS* formulations to achieve
UL 94 V-0 flame rating at 1.5 mm
MARKETS & APPLICATIONS
These materials are for use in applications
traditionally made of metal requiring moisture,
chemical and cold impact performance
requirements, including:
• Industrial – pipes, tubing, fluid management
• Electrical & Electronics – connectors,
battery components, battery housings
• Transportation – under-the-hood fuel/
chemical contact components, non-structural
interior components
• Oil & Gas – fuel pump components, fuel doors
PRODUCT BULLETIN
* Non-PFAS flame-retardant (FR) grades are manufactured without
intentionally added PFAS-based raw materials.
https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization
expense associated with intangible assets.
3
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable materials solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.14B
Revenue
$2.36
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted Free Cash Flow
Over $1B in share
buybacks since 2011
Raised dividend for
13 consecutive years,
a 15% CAGR since
2011
U.S. &
Canada
64%
Specialty
Engineered
Materials
Color
Additives
and Inks
23%
10% 5% 4%
Building &
Energy Telecom
Geography
Segment
Industry
4
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Continue fostering our Great
Place to Work® culture
Strategic Objectives
Long Term
Growth
Rates
Growth Drivers
$340
$455
$790
$1,135
$51 $84
$212
$645
$108 $113
$231 $230
$265
$358
$726 $725
8-12% 8-10% 8-10% 5%
Sustainable Solutions Composites Healthcare Asia/Emerging Regions
Profitable Growth Great Place to Work
5.4%
10.9%
16.0%
2006 2014 2023
EBITDA Margins
$0.14
$1.93
$2.36
2006 2014 2023
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
ESG Ratings Performance
1
4
87th
94th
percentile
5
Avient CDP Score:
A-
FE BRUARY 14 , 2024
W E BCAS T
P RE S E N TAT I O N
DR.
ASHISH KHANDPUR
PRESIDENT & CEO
7
8
PORTFOLIO TRANSFORMATION
8
46%
66%
87%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2020 2023
%
o
f A
dj
us
te
d
EB
IT
D
A
Commodity JVs Distribution Performance Products & Solutions Specialty Businesses
Adjusted EBITDA from Specialty Applications
SUSTAINABILITY AS A GROWTH DRIVER
9
LONG-TERM REVENUE GROWTH DRIVERS
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
60%+
Key Growth
Drivers
Total Company Revenue
Growth Drivers Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other 0–2%
Avient 6%
END MARKET OBSERVATIONS
(% OF COMPANY SALES)
ENERGY
DEFENSE
TELECOMMUNICATIONS
HEALTHCARE
10
TRANSPORTATION
INDUSTRIAL
BUILDING &
CONSTRUCTION 9%
CONSUMER
PACKAGING
23%
11
REGIONAL OBSERVATIONS
(% OF COMPANY SALES)
11
Q 4 2023 RE S U LT S
Q4 2023 PERFORMANCE VS.
https://www.avient.com/sites/default/files/2024-03/AVNT February IR Presentation_w_Non-GAAP Recs_v2.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization
expense associated with intangible assets.
3
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable materials solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.14B
Revenue
$2.36
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted Free Cash Flow
Over $1B in share
buybacks since 2011
Raised dividend for
13 consecutive years,
a 15% CAGR since
2011
U.S. &
Canada
64%
Specialty
Engineered
Materials
Color
Additives
and Inks
23%
10% 5% 4%
Building &
Energy Telecom
Geography
Segment
Industry
4
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Continue fostering our Great
Place to Work® culture
Strategic Objectives
Long Term
Growth
Rates
Growth Drivers
$340
$455
$790
$1,135
$51 $84
$212
$645
$108 $113
$231 $230
$265
$358
$726 $725
8-12% 8-10% 8-10% 5%
Sustainable Solutions Composites Healthcare Asia/Emerging Regions
Profitable Growth Great Place to Work
5.4%
10.9%
16.0%
2006 2014 2023
EBITDA Margins
$0.14
$1.93
$2.36
2006 2014 2023
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
ESG Ratings Performance
1
4
87th
94th
percentile
5
Avient CDP Score:
A-
FE BRUARY 14 , 2024
W E BCAS T
P RE S E N TAT I O N
DR.
ASHISH KHANDPUR
PRESIDENT & CEO
7
8
PORTFOLIO TRANSFORMATION
8
46%
66%
87%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2020 2023
%
o
f A
dj
us
te
d
EB
IT
D
A
Commodity JVs Distribution Performance Products & Solutions Specialty Businesses
Adjusted EBITDA from Specialty Applications
SUSTAINABILITY AS A GROWTH DRIVER
9
LONG-TERM REVENUE GROWTH DRIVERS
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
60%+
Key Growth
Drivers
Total Company Revenue
Growth Drivers Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other 0–2%
Avient 6%
END MARKET OBSERVATIONS
(% OF COMPANY SALES)
ENERGY
DEFENSE
TELECOMMUNICATIONS
HEALTHCARE
10
TRANSPORTATION
INDUSTRIAL
BUILDING &
CONSTRUCTION 9%
CONSUMER
PACKAGING
23%
11
REGIONAL OBSERVATIONS
(% OF COMPANY SALES)
11
Q 4 2023 RE S U LT S
Q4 2023 PERFORMANCE VS.
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
AVNT-2023.03.31-News Release
1
NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces First Quarter 2023 Results
• First quarter sales of $846 million in line with guidance
• GAAP EPS of $0.23 includes special items primarily related to restructuring costs as
detailed in Attachment 3
• Adjusted EPS of $0.63 exceeded guidance of $0.55, driven by better-than-projected
margins in both segments
• Full year adjusted EBITDA and EPS guidance of $530 million and $2.40, respectively,
maintained given present macroeconomic uncertainty
• Sustainability Investor Day to be held on September 20th will highlight Avient’s sustainable
solutions portfolio and growth opportunities
CLEVELAND – May 3, 2023 – Avient Corporation (NYSE: AVNT), a leading provider of
specialized and sustainable solutions, today announced its first quarter 2023 results.
This was partially driven by composites and sustainable solutions which are
proving to be resilient in a challenging macroeconomic environment and improving our mix of
higher margin applications.”
2
Mr.
Patterson said, “We plan to
host a live webcast to highlight current demand trends for sustainable solutions and how we help
our customers reach their sustainability goals.
https://www.avient.com/sites/default/files/2021-12/composite-vibratory-springs-case-study.pdf
THE SOLUTION
The company’s product management team reached
out to Avient’s Gordon Composites group to identify an
alternative spring solution.
https://www.avient.com/sites/default/files/2024-06/Infant Care Product Bulletin_Selector Guide.pdf
GLS™ TPE
INFANT CARE SOLUTIONS
REGULATORY COMPLIANT
MATERIALS FOR YOUR
BABY CARE PRODUCTS
GRADE PRODUCT HARDNESS REGULATORY COMPLIANCE* – FDA, EU, GB
CL2242
Pacifiers
Teething
43
Shore A FDA 177.1210 — —
Versaflex™
CL2250
Pacifiers
Teething
50
Shore A FDA 177.1210 — —
Versaflex™
FFC 2882-87
87
Shore A FDA 177.2600 EU 10/2011 GB 9685-2008
FFC 2882-50
50
Shore A FDA 177.2600 EU 10/2011 —
G2701C
66
Shore A FDA 177.2600 — —
Dynaflex™
G6770
69
Shore A FDA 177.2600 EU 10/2011 GB 9685-2008
Dynaflex™
G2780C
84
Shore A FDA 177.2600 — —
Dynaflex™
G7600 series
30A-80 Shore
A FDA 177.1210 — —
Dynalloy™
GP 7810 & 7820
Bathtubs
Bibs
Placemats
30A-70 Shore
A General FDA — —
We believe that the smallest consumers deserve the very best.
So we’ve developed the ideal TPEs for your infant
care application, from materials that are durable and safe for baby contact to regulatory compliant grades and
soft-touch solutions
https://www.avient.com/sites/default/files/2023-10/Cesa Flame Retardant Additives PTFE-free and Non-halogen for Polycarbonate Product Bulletin_A4.pdf
Cesa™ Flame Retardant Additives
PTFE-free and Non-halogen for Polycarbonate
Polycarbonate is a material of choice for E&E
products as it provides very good impact strength,
dimensional stability, and heat resistance.Some
applications require the use of flame-retardant
solutions to increase safety and ensure compliance
with fire hazard standards.
Provided in the form of additive concentrates, they
can be combined with colors and other additives
for a solution tailored to customers’ needs.
https://www.avient.com/sites/default/files/2020-09/hiviz-recoil-pad-case-study.pdf
THE SOLUTION
HIVIZ had several years of experience working with
Avient materials for shotgun sights.
CUSTOM RECOIL PAD MATERIALS DELIVER SUPERIOR RECOIL
REDUCTION AND EXCEPTIONAL DURABILITY TO A HIGH-END
RIFLE MANUFACTURER
To learn more about customizable TPE solutions,
contact Avient at +1.844.4AVIENT (1.844.428.4368)
or visit www.avient.com
https://www.avient.com/sites/default/files/2020-12/maxxam-fr-case-study.pdf
AN ALTERNATIVE
FLAME RETARDANT
SOLUTION FOR
CATEGORY CABLES
CASE STUDY: MAXXAM™ FR POLYPROPYLENE
Challe
nge Accepted.
THE SOLUTION
The manufacturer worked with Avient to identify
alternatives to FEP insulation that would meet
requirements in their data cable.
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-processing-guide.pdf
Gravi-Tech™
Density Modified
Formulations
PROCESSING GUIDE
2 Gravi-Tech
GRAVI-TECH™
Density Modified Formulations
Gravi-Tech™ polymer-metal composites are high-density materials developed as thermoplastic-based
alternatives to lead and other traditional metals.