https://www.avient.com/sites/default/files/2022-08/ColorMatrix Excelite Product Bulletin.pdf
ColorMatrix™ Excelite™ Foaming Agents
High performance liquid foaming additives for extrusion applications
PRODUCT DESCRIPTION
Excelite™ high performance liquid foaming additives
are specifically designed for vinyl, polyethylene and
polystyrene foaming applications.
The combination of carrier selection and high
active loading permits targeting of greater density
reduction.
With less impact on the manufacturing
process, more CFA can effectively be introduced.
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2024-results
Impact on cost of sales
Impact on operating income
Diluted earnings per common share impact
https://www.avient.com/sites/default/files/2020-08/polystrand-rome-snowboard-bindings-case-study-1.pdf
In creating the Black Label, Rome sought to add a
premium highback to their binding collection that
would be flexible and durable, providing highly
responsive performance in an ultra-light, high-tech
binding.
THE IMPACT
The injection-overmolded Polystrand composite
construction in Rome’s Black Label binding is the first of
its kind in the industry.
https://www.avient.com/white-ink-tips
Often, a white–flash–white–flash print order using a finer mesh has dramatic impact on the softness of the print and keeps the opacity of the colors.
https://www.avient.com/resources/safety-data-sheets?page=4311
273.06 ETFE750 CC HIGH BLUE
273.08 ETFE750 CC HIGH GREY
273.62 ETFE750 CC HIGH RED
https://www.avient.com/sites/default/files/2025-02/News Release - AVNT-2024.12.31-News Release 2.12.25 2PM_0.pdf
This translates to 6% adjusted EPS growth, excluding the impact of
foreign exchange, and an encouraging start to the year, especially considering the outsized
timing of defense orders that benefited the first quarter last year.”
The mid-point
of the adjusted EPS range of $2.82 represents 11% growth, excluding the unfavorable impact
from foreign exchange of $0.12 for the full year.”
By intersecting our broad portfolio of technologies with the product roadmaps
of our customers, we help create differentiated and high-performance products that make the
world better and more sustainable.
https://www.avient.com/company/sustainability/sustainability-report/planet/energy-ghg-emissions
At Avient, we recognize that sustainable business practices can positively impact the issue of climate change.
However, by taking advantage of developments in longer-term carbon management and removal technologies and circularity, we are committed to enabling positive climate impacts across our value chain.
This tool encourages investments in low-carbon & carbon-free technologies while increasing the visibility of, and encouraging accountability for, the impact of carbon emissions on the business.
https://www.avient.com/sites/default/files/2020-08/colormatrix-aazure-brochure-1.pdf
ColorMatrix AAzure has shown to have a much improved impact on the recycling
process, with reduced yellowing through multiple heat histories.
LD
R
(%
)
14
15
16
17
8
9
10
11
0
20
40
60
80
100
120
0
50
100
150
200
250
300
350
400
450
500
0.00
0.02
0.04
0.06
0.08
0.10
0.12
0.14
Impact of 5 Melt Heat Histories on Preform Color
Reference ColorMatrix AAzure
Reduction in AA Level
35% 55% 70%
ColorMatrix AAzure allows for further
optimization of the polymer weight
distribution during the bottle blowing
process, which improves mechanical
strength and bottle quality.
This
improves processability at high levels
of rPET, reducing blowouts, improving
productivity, allowing for higher levels
of rPET use, and also lightweighting.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022.pdf
Consumers and investors alike are paying close attention to plastic packaging
and its potential negative impact on the environment.
In 2019, the EU enacted its Single Use Plastics directive aimed at reducing
the impact that such products have on the environment.
These commitments and mandates will continue to drive the high and
increasing demand for recycled plastic bottles.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
ColorWorks innovation centers are specially
designed to foster imagination and enable
creative exploration of innovative solutions
• Focus on customers’ sustainability initiatives
through recyclability and post-consumer
recycled materials for packaging applications
• Supports 8-12% long-term revenue growth
expectations across our sustainable solutions
portfolio
8
2020 Pro forma $870 $69
Sustainable Solutions 66 37% 26
Healthcare 29 20% 7
Composites 12 36% 6
Growth in Asia / LATAM 47 39% 11
Other 190 48% 22
Sub-total $1,214 40% $141
COVID Response Applications (15) (8)
FX Impact 36 4
Synergies 11
Incentives, Travel, Other Employee Costs (26)
2021 Actual $1,235 42% $122
Q2 2021 ORGANIC SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
9
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Sales Growth Rate
Adjusted
Operating
Income$ millions
(1)
10
Q2 2020PF Q2 2021
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(2) Financial information is presented on a constant currency basis
(1,2)
(44% of total revenue)
(56% of total revenue)
Q2 END MARKET SALES PERFORMANCE
+26%
+38%
+46%
+103%
+51%
+9%
+7%
+67%
Energy Telecom Building &
Construction
Transportation Industrial Healthcare Packaging Consumer
Q2 YEAR-OVER-YEAR EBITDA BRIDGE
Q2 2020 Pro forma $ 106
Demand 69
11
Adjusted
EBITDA$ millions
• Demand impact driven by
growth in sustainable
solutions and consumer
products
• Price increases more than
offset raw material and
supply chain impacts
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1)
CAI:
Price / Mix 40
Inflation (32)
SEM:
Price / Mix 23
Inflation (18)
Distribution:
Price / Mix 81
Inflation (77)
Net Price Benefit 17
Supply Chain Disruptions (14)
COVID Response Applications (8)
Synergies 11
Incentives, Travel, FX, Other (22)
Q2 2021 Actual $ 159
Q1 2021 Actual $ 161
CAI:
Price / Mix 32
Inflation (22)
SEM:
Price / Mix 15
Inflation (9)
Distribution:
Price / Mix 50
Inflation (48)
Net Price Benefit 18
Supply Chain Disruptions (12)
Demand / Seasonality (6)
Other (2)
Q2 2021 Actual $ 15912
Adjusted
EBITDA$ millions
• Price increases more than
offset raw material and
freight inflation impacts
• Demand impact driven by
Q2 seasonality for the
business
Q1 TO Q2 SEQUENTIAL EBITDA BRIDGE
Q 3 A N D F U L L Y E A R
2 0 2 1 O U T L O O K
$74
$98
2020 2021E
$0.46
$0.68
2020 2021E
ORGANIC GROWTH PROJECTIONS – Q3
( T O TA L C O M PA N Y )
14
Sales Adjusted Operating Income
$925
$1,150
2020 2021E
+ 24%
Adjusted EPS
+ 32% + 48%
(in millions) (in millions)
FULL YEAR GUIDANCE INCREASED
15
Sales Adj.
With the Clariant Masterbatch
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
25
Avient reflects 2021 estimated EBITDA of $580M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
9.5
18.5
15.1 15.1
14.0
11.0 10.4
29.5
28.2
23.9
18.7
12.4 12.2
11.1
9.3 9.2 9.2
7.6 7.6
6.0
A
vi
e
n
t
K
W
R
P
P
G
A
V
Y
R
P
M
F
U
L
G
C
P
A
L
B
H
X
L
E
C
L
IF
F
F
M
C
B
N
R
A
S
H
S
C
L
E
M
N
U
N
V
R
K
R
A
C
E
H
U
N
Median: 11.1xMedian: 14.6x
S U M M A RY: W H Y I N V E S T I N AV I E N T ?