https://www.avient.com/sites/default/files/2023-03/Avient Annual Report 2022.pdf
Thermoplastic composites include base resins, but are combined with a structural element such as glass, carbon or
polymer fibers to enhance strength, rigidity and structure.
Polymer formulations and structures have advantages over metals, wood,
rubber, glass and other traditional materials, which have resulted in the replacement of these materials across a
wide spectrum of applications.
Continuous development drives associates to reach their full potential and we strive to fill at least half of all open
manager roles and higher with internal promotions.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
Examples include:
• Unique technologies that improve the
recyclability of products and enable recycled
content to be incorporated, thus advancing a
more circular economy
• Light-weighting solutions that replace heavier
traditional materials like metal, glass and wood,
which can improve fuel efficiency in all modes of
transportation and reduce carbon footprint
• Sustainable infrastructure solutions that increase
energy efficiency, renewable energy, natural
resource conservation and fiber optic / 5G
network accessibility
Avient employs approximately 8,800 associates and is
certified ACC Responsible Care® and a founding
member of the Alliance to End Plastic Waste.
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
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.
20
Avient reflects 2021 estimated EBITDA of $560M
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
10.2
17.7
16.0
14.9 14.6
11.6 11.1
26.7
24.0
22.8
14.3
12.7
11.5 11.2 11.1 11.0 10.3 10.1
9.5 9.4
8.3
7.0
A
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t
K
W
R
A
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P
M
P
P
G
G
C
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F
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A
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B
H
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C
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IF
F
F
M
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B
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Median: 11.1xMedian: 14.8x
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/sites/default/files/resources/PolyOne%2520Standard%2520Quality%2520Response_2016_6_9.pdf
Various techniques as appropriate to the
situation but generally including:
Correlation & regression analysis, pareto
charting, fish-bone diagrams, Pp/Ppk/Cpk
analysis, Control Charting, Statistical Studies of
uncertainty in test results due to process,
sampling and test variability (R&R), Uncertainty
budgeting, Round-robin testing of control
samples, proficiency testing, DFMEA & FMEA,
Control plans, Process mapping & value
stream mapping, Lean Six Sigma techniques,
5S, Formal Vendor Evaluation programs,
tracking of vendor performance, vendor audits,
customer visits, customer surveys, customer
focus groups, etc.
6.
https://www.avient.com/sites/default/files/2020-03/2020proxy.pdf
In October, we
divested our PP&S segment which consisted predominately of the legacy Geon® vinyl business for $775 million.
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.pdf
With the Clariant Color business
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.
24
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
11.0
18.3
16.3
15.4
14.5
11.6 11.1
36.2
28.0
24.9
13.0
11.5 11.3
10.0
9.2 8.8
7.7
6.7
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S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2019-results
which impacted Color, Additives and Inks (Color) and Specialty Engineered Materials (SEM), and a decline in construction related sales, which primarily impacted Performance Products and Solutions (PPS) in
Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation
https://www.avient.com/industries/consumer/consumer-discretionary/outdoor-recreation/exercise-fitness
Edgetek™ BIO Natural Filled Formulations
PP Inhaler Roll Cap
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement %28Filed%29.pdf
Continuous development drives associates to reach their full potential and we strive to fill at least half of
all open manager roles and higher with internal promotions.
Khandpur to fill the vacancy created by the retirement of former
Chairman, President and Chief Executive Officer Robert M.
CORPORATE GOVERNANCE
28 PROXY STATEMENT 2024 | Annual Meeting of Shareholders
BOARD LEADERSHIP STRUCTURE
Pursuant to our Corporate Governance Guidelines, the Board selects the Chairman of the Board and Chief
Executive Officer and determines from time to time whether the positions are to be combined and filled
by one person or separated and filled by two persons.
https://www.avient.com/investor-center/news/polyone-announces-third-quarter-2019-results
NYSE: POL) today reported its third quarter results for 2019, which reflect PP&S as a discontinued operation.
The divestment of PP&S is expected to close soon, which will reduce our exposure to more cyclical end markets and strengthen our balance sheet.
Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation