https://www.avient.com/resource-center?document_subtype=0&document_type=59&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=0&product_name=0&page=13
Technical Data Sheets
Safety Data Sheets
Safety Data Sheets
https://www.avient.com/resource-center?document_type=59&page=13
Technical Data Sheets
Safety Data Sheets
Safety Data Sheets
https://www.avient.com/news/color-creation-minutes-made-possible-colormatrix-select-polyone
Rapid Color Design and Choice: Colors can be easily created using existing standards, spectrophotometer or colorimeter inputs or the software’s built-in color design tools.
These range from creating colors remotely through one of the global ColorMatrix Select facilities to installing this color development technology in-house for full control and maximum color development speed.
PolyOne Corporation, with 2014 revenues of $3.8 billion, is a premier provider of specialized polymer materials, services and solutions.
https://www.avient.com/news/archives?page=51
Hinkley Lighting’s Award-Winning NuVi Landscape Light Relies On PolyOne Resilience™ LS Performance Polymer
Switching to PolyOne Conductive Polymer Triples Lifetime of LED Pool Lighting
PolyOne Features Total Portfolio of Healthcare Polymers and Colorants at MD&M West 2017
https://www.avient.com/news/polyone-unveils-invisiosm-color-inspiration-2017
Energetic colors rule their worlds.
Color Inspirations 2017 is a foundational element of InVisiOSM Color and Design Services, which leverage comprehensive color and materials resources to drive innovation in plastic product development.
About PolyOne
PolyOne Corporation, with 2014 revenues of $3.8 billion, is a premier provider of specialized polymer materials, services and solutions.
https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/firecon-cpe-insulation-jacketing-formulations
Resistant to acids, alkalis, oils, fuels and chemical solvents
Available in custom colors
Leading-edge, fire safety performance solutions for your applications.
https://www.avient.com/sites/default/files/2024-03/Lawn Equipment Application Solutions_2.pdf
CUTTING EDGE
EQUIPMENT
Explore how polymer formulations elevate the
aesthetics, durability, and performance of lawn
equipment to meet consumer demands and keep
your brand ahead of the competition.
SENSORY EXPERIENCE
Wear Resistance, Noise Reduction,
Low Friction
SOLUTION: Internally Lubricated
Formulations, Thermoplastic
Elastomers, Scratch and Mar
Resistant Additives
POSSIBILITIES: Gears, Gaskets,
Hood Dampers, Seating Systems
STRUCTURAL INTEGRITY
High Stiffness-to-Weight Ratio,
Metal Replacement, Part
Consolidation
SOLUTION: Long Fiber Reinforced
Composites
POSSIBILITIES: Seat Base,
Brake Pedal, Frame, Floor Pan,
Controls
EXTREME PERFORMANCE
Chemical & Fire Resistance,
Extreme Temperature Performance,
Thermal Management, Lightweighting
SOLUTION: Engineered Nylon
Formulations, Flame Retardant
Polyolefin Formulations,
Engineered Polyketone Formulations,
Thermally Conductive Formulations,
Chemical Foaming Agents
POSSIBILITIES: Under-the-Hood
Applications, Electrical Connectors,
Battery Assembly Housings,
Exterior Trim and Equipment
THERMAL MANAGEMENT
Heat Dissipation, Flexible Design
SOLUTION: Thermally Conductive
Formulations
POSSIBILITIES: LED Lights,
Heat Sinks
AESTHETIC APPEAL
Custom Color, Special Effects,
Paint Replacement, Corrosion Resistance,
UV Stability
SOLUTION: Custom Pre-Colored Formulations,
Pre-Colored High-Gloss Thermoplastics,
Solid Color Masterbatches
POSSIBILITIES: Body Panels, Pedals,
Control Grips, Bezels, Brand Elements
TACTILE EXPERIENCE
Soft-Touch Feel, Durable, Wet Grip Performance,
Color Customization, UV Stability, Ergonomic Design, Overmolding
SOLUTION: Thermoplastic Elastomers,
Combination Colorant and Additive Formulations,
Fabric-Effect Colorants and Additives
POSSIBILITIES: Steering Wheel, Switches, Knobs
© 2024, All Rights Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/lubrione-internally-lubricated-formulations
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/lubrione-internally-lubricated-formulations
https://www.avient.com/products/polymer-additives/visual-enhancement-effects/cesa-scratch-mar-resistance-additives
https://www.avient.com/products/polymer-additives/visual-enhancement-effects/cesa-scratch-mar-resistance-additives
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/complet-long-fiber-reinforced-structural-thermoplastics
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/complet-long-fiber-reinforced-structural-thermoplastics
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/nymax-bergamid-polymer
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/nymax-bergamid-polymer
https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/maxxam-fr-flame-retardant-polyolefin-formulations
https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/maxxam-fr-flame-retardant-polyolefin-formulations
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/edgetek-pke-polyketone-formulations
https://www.avient.com/products/polymer-additives/foaming-agents/hydrocerol-chemical-foaming-agents
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/custom-pre-colored-specialty-engineered-formulations
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/artisan-pre-colored-thermoplastics-premium-finishes
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-combination-colorants-additives
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-fabric-fx
https://www.avient.com/news/polyone-acquires-specialty-assets-accella-performance-materials
Accelerates Specialty platform growth with expanded portfolio of liquid polymer solutions
CLEVELAND – PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, today announced the acquisition of specialty assets from Accella Performance Materials, a leading North American manufacturer of liquid polymer formulations.
Van Hulle, president, Global Color, Additives and Inks, PolyOne Corporation.
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.2
AVIENT: WHO WE ARE
36
24
9
35
• U.S. and Canada
• Latin America
• Europe, Middle East & Africa
• Asia
25,000+
CUSTOMERS
Headquartered in Avon Lake, OH
(Cleveland)
100+ manufacturing plants
Key Financial Data
2023E Sales $3.45 billion
2023E EBITDA $530 million
2023E EPS $2.40
100%
ARE CUSTOMIZED SOLUTIONS
TO UNIQUE SPECIFICATIONS
of
sales
Guidance as of February 15, 2023 Webcast
WHO WE ARE – VISION, STRATEGY, CULTURE
Avient Corporation (NYSE: AVNT) provides
specialized and sustainable material solutions that
transform customer challenges into opportunities,
bringing new products to life for a better world.
EPS
$0.14
$2.67
$3.04
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
90th
percentile
84th
ESG Ratings Performance
1
14
PEOPLE
C U L T U R E I S E V E R Y T H I N G
Community Service
7x Safer
than Industry Average
World-Class Safety
Leadership Development
Over $17 million
raised since 2010
Diversity & Inclusion
15
2022 RE SU LT S
Q4 EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
17
$ millions
CAI:
Price / Mix 42
Inflation (20)
SEM:
Price / Mix 14
Inflation (10)
Net Price Benefit 26
Wage and Energy Inflation (13)
Clariant Color Integration Synergies 4
Incentives, Other Employee Costs 21
FX (10)
Q4 2022 $107
Adjusted
Q4 2021 $ 132
Demand (50)
Russia Import Sales (3)
• Demand contraction
especially prevalent in
EMEA and Asia
• Pricing continues to cover
inflation of raw materials,
wages and energy
PROVEN TRACK RECORD OF STRONG AND
IMPROVING FREE CASH FLOW GENERATION
18
• Periods of economic
weakness have driven
higher levels of cash
generation due to
working capital
management
• Anticipate continued
strong free cash flow
generation and
conversion despite
global uncertainty
78% 78% 80% 80% 81%
78%
84% 83%
80%
0%
30%
40%
50%
60%
70%
80%
90%
2014 2015 2016 2017 2018 2019 2020 2021 2022
0
50
100
150
200
250
300
350
400
re
e
as
h
F
lo
w
C
o
n
ve
rs
io
n
re
e
as
h
F
lo
w
FCF $ AVNT FCF Conversion % S&P FCF Conversion %
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA. 2020 is pro forma for Clariant Color and 2022 is pro forma for Avient Protective Materials
$600 $592
$3.02 $3.04
FULL YEAR 2022 PERFORMANCE
(TOTAL COMPANY PRO FORMA)
19
Sales Adjusted EBITDA
$3,712 $3,653
-2%
Adjusted EPS
-1% + 1%
(in millions) (in millions)
(+4% excluding FX) (+5% excluding FX) (+9% excluding FX)
FULL YEAR 2022 SEGMENT PERFORMANCE
20
CAI
$2,402 $2,355
$409 $402
SEM Pro Forma
$1,308 $1,300
$278 $272
(+4% excluding FX)
- 2% -1%
(+5% excluding FX)
- 2%
(+4% excluding FX)
- 2%
(+2% excluding FX)
PRO FORMA FULL YEAR EPS BRIDGE
21
Pro Forma 2021 Adjusted EPS 3.02$
Foreign Currency (0.23)
Russia Import Sales (0.07)
Outdoor High Performance (0.13)
Color, Additives and Inks 0.18
Specialty Engineered Materials 0.24
Corporate Costs / Other 0.03
Pro Forma 2022 Adjusted EPS 3.04$
FULL YEAR EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
22
$ millions
CAI:
Price / Mix 247
Inflation (176)
SEM:
Price / Mix 121
Inflation (77)
Net Price Benefit 115
Wage and Energy Inflation (47)
Clariant Color Integration Synergies 23
Incentives, Other Employee Costs 43
FX (34)
Full Year 2022 $592
Adjusted
Full Year 2021 $ 600
Demand (99)
Russia Import Sales (9) • Demand primarily impacted
by China lockdowns, 4th
quarter industrywide
destocking and declining
consumer sentiment
• Pricing outpaced inflation of
raw materials, wages and
energy
2023 G U IDA N CE
$125
$530
$0.55
$2.40
2023 GUIDANCE
24
Sales Adjusted EBITDA
$845
$3,450
Adjusted EPS
(in millions) (in millions)
CASH FLOW / BALANCE SHEET
25
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Restructuring actions to
streamline operations and
improve profitability, primarily
in Europe
($ millions) 2023E
Cash Flow from Operating Activities 350$
Less:
Run-Rate CapEx (110)
CapEx for IT System Upgrade (25)
CapEx for Restructuring (15)
Total CapEx (150)
Free Cash Flow 200$
Adjusted EBITDA 530$
Net Debt / Adjusted EBITDA 2.9x
K E Y G R O W T H D R I V E R S
A N D T R A N S F O R M E D
P O R T F O L I O
GROWTH DRIVERS: PROVEN SUCCESS
27 (1) Pro forma for the acquisition of Avient Protective Materials (APM)
COMPOSITES
$51
$84
$212
$668
HEALTHCARE
$108 $113
$231
$293
8-10%
ASIA/EMERGING REGIONS
$265
$358
$726
$830
$340
$455
$790
$1,175
SUSTAINABLE SOLUTIONS
8-12%
(1) (1)(1)
(Sales in $ millions)
#1 Color Formulator
Dyneema® - World’s Strongest
Fiber™
#1 in Composites applications
for outdoor high performance
#1 in Performance Inks
Customized solutions
140+ PhDs on staff
Rapid development of
innovative products
Extensive patent (2,500+)
portfolio
33% Vitality Index
Better-positioned toward stable,
high-growth end markets
Consumer, packaging,
healthcare and defense comprise
nearly 60% of sales
Agnostic to raw materials,
helping all customers achieve their
goals
Broad portfolio of diversified
sustainable solutions
90%+ of our innovation pipeline
invested in sustainable solutions
Long-term growth rate well
above GDP with expectations of
8-12%
LEVERAGING OUR TRANSFORMED PORTFOLIO
28
Building &
4% Telecom.
2022 PF
$3.65B
sales
Leading Positions Sustainable SolutionsDiversified IndustriesSpecialty Formulator
(1) 2022 Pro forma for the acquisition of Avient Protective Materials
(2) 2020 Pro forma for the acquisition of Clariant Color
(1)(2)
$340M
$455M
$790M
2016 2018 2020PF 2022PF
$1,175M
P EE R C O M PAR IS O N S
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,450 and estimated run-rate CAPEX of $110M.
30
2
4 4
5 5 5
6
7 7
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/news/polyone-accentuates-what’s-possible-application-specific-materials-and-design-npe-2018
Its polymer formulation expertise and design know-how help manufacturers rapidly create new products that look great and work even better.
FireCon™ CPE: based on chlorinated polyethylene (CPE), this flame-retardant material resists acids, alkalis, oils, fuels, chemical solvents, extreme temperatures, and weather.
It’s a cost-effective option for paint replacement on polymer parts and creates an exceptional metallic color that continues through the part’s thickness.