https://www.avient.com/sites/default/files/2021-09/resound-om-phone-case-case-study-one-pager.pdf
PHONE CASE
MANUFACTURER
P H O N E C A S E
• Formulated TPE with 43% bio-based
content plus favorable UV resistance and
vibration damping performance compared to
standard TPE
• Received radiocarbon (C14) international
certificate for bio-based content
• Provided excellent bonding ability with good
aesthetics
• Matched design specs with an easily
colored material using traditional TPE
colorants
reSoundTM OM TPEs
WHY AVIENT?
Suitable for overmolding onto PC and TPU
• Contains bio-renewable content
• Vibration damping performance and UV resistance
comparable to traditional TPEs
KEY REQUIREMENTS
https://www.avient.com/products/thermoplastic-elastomers/resound-om-thermoplastic-elastomers
https://www.avient.com/news/avient-expands-fatty-food-contact-materials-portfolio-versaflex-ffc-tpes
Homepage
//
News Center
//
Avient Expands Fatty-Food-Contact Materials Portfolio with Versaflex™ FFC TPEs
Avient Expands Fatty-Food-Contact Materials Portfolio with Versaflex™ FFC TPEs.
Versaflex FFC materials are currently manufactured in Asia and are available globally.
https://www.avient.com/products/polymer-colorants/fiber-colorants/renol-fiber-colorants
Quality Masterbatches for Spun-Dyed PET and PA
Formulated with PET, PBT, PA 6 carriers
Black Colorants for Spun-Dyed PET and PA Fibers - Product Bulletin
https://www.avient.com/sites/default/files/2022-08/Avient Candidates Data Privacy Notice Final - Dutch.pdf
Avient Corporation
Privacyverklaring voor sollicitanten
We stellen uw interesse om voor Avient te werken zeer op prijs.
We kunnen u vragen om originele documenten met persoonlijke informatie te verstrekken om uw
geschiktheid voor de arbeidsmarkt en identificatie te verifiëren.
Daarom raden we u aan om uw kandidatenprofiel regelmatig bij te werken.
10.
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
GUIDANCE
( T O TA L C O M PA N Y P R O F O R M A )
7
$100
$107
Guidance Pro Forma
$0.33
$0.42
Guidance Pro Forma
Adjusted EBITDA Adjusted EPS
(in millions)
$200
$293
Guidance Actual
Free Cash Flow
(in millions)
FY 2022 VS.
GUIDANCE
DEBT / LEVERAGE R EDUCTION
• Completed sale of Distribution
and paid down $750M of debt
in November
• Strong free cash flow in fourth
quarter reduced leverage and
enabled paydown of additional
$200M of debt
• Fixed/Floating Debt Ratio 63/37
• Proven track record of
deleveraging following
acquisitions through consistent
free cash flow generation
$725 $725 $725
$575 $500 $400
$600
$525
$425
$650
$650
$650
$600
$2.40B
$2.20B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
After Distribution
Divestiture
Year-End
8
Year-End
Leverage
3.8x 3.1x 2.9x
2023 Notes
After Avient
Protective Materials
Acquisition
$3.15B
20 22 TRA NSF OR MATI ONAL PORTFOLI O
ENHA NC EMENTS
9
EBITDA margins expanded
from 12% to 16%
Diversified end markets
with reduced exposure to
more cyclical industries
Dyneema®
Acquisition
$1.48B acquisition
strengthens composites
platform
Significantly improved
EBITDA margins $950M divestiture results
in 100% specialty sales
Strong exit multiple of 10x
TTM EBITDA despite
market volatility
Distribution
Divestiture
Improved
Portfolio
G ROW I NG C OM PO SI T ES P LAT F OR M
C O NT R I BU TI O NS TO S EM S EG ME NT
10
Note: 2022 is pro forma for Avient Protective Materials
2016 Sales 2022 Sales
Advanced
Composites
51%
$560M $1,300M
Advanced
Composites
9%
C O M P O S I T E S P O R T F O L I O
D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D T A P E S T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
11
ADVA NC ED C OM POSI TES PERFORMA NCE
12 (1) Pro forma for the acquisition of Avient Protective Materials
Sales
$51
$84
$212
$668
2016 2018 2020 2022
$4
$10
$41
$169
2016 2018 2020 2022
EBITDA
(1) (1)
($ in millions)
PORTFOLIO EVOLUTION AND EPS EXPANSION
13
Adj.
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
2023E(%)
31
79
87
81 79
76
73
90
77 76 75 73
64
59
33
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
A
V
Y
R
P
M
F
M
C
C
E
A
S
H
H
X
L
E
C
L
H
U
N
E
M
N
S
C
L
M U LT I P L E E X PA N S I O N
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
Source: Peer data per Bloomberg as of February 13, 2023
Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.89.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
GUIDANCE
( T O TA L C O M PA N Y P R O F O R M A )
3
$100
$107
Guidance Pro Forma
$0.33
$0.42
Guidance Pro Forma
Adjusted EBITDA Adjusted EPS
(in millions)
$200
$293
Guidance Actual
Free Cash Flow
(in millions)
FY 2022 VS.
GUIDANCE
DEBT / LEVERAGE R EDUCTION
• Completed sale of Distribution
and paid down $750M of debt
in November
• Strong free cash flow in fourth
quarter reduced leverage and
enabled paydown of additional
$200M of debt
• Fixed/Floating Debt Ratio 63/37
• Proven track record of
deleveraging following
acquisitions through consistent
free cash flow generation
$725 $725 $725
$575 $500 $400
$600
$525
$425
$650
$650
$650
$600
$2.40B
$2.20B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
After Distribution
Divestiture
Year-End
4
Year-End
Leverage
3.8x 3.1x 2.9x
2023 Notes
After Avient
Protective Materials
Acquisition
$3.15B
20 22 TRA NSF OR MATI ONAL PORTFOLI O
ENHA NC EMENTS
5
EBITDA margins expanded
from 12% to 16%
Diversified end markets
with reduced exposure to
more cyclical industries
Dyneema®
Acquisition
$1.48B acquisition
strengthens composites
platform
Significantly improved
EBITDA margins $950M divestiture results
in 100% specialty sales
Strong exit multiple of 10x
TTM EBITDA despite
market volatility
Distribution
Divestiture
Improved
Portfolio
G ROW I NG C OM PO SI T ES P LAT F OR M
C O NT R I BU TI O NS TO S EM S EG ME NT
6
Note: 2022 is pro forma for Avient Protective Materials
2016 Sales 2022 Sales
Advanced
Composites
51%
$560M $1,300M
Advanced
Composites
9%
C O M P O S I T E S P O R T F O L I O
D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D T A P E S T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
7
ADVA NC ED C OM POSI TES PERFORMA NCE
8 (1) Pro forma for the acquisition of Avient Protective Materials
Sales
$51
$84
$212
$668
2016 2018 2020 2022
$4
$10
$41
$169
2016 2018 2020 2022
EBITDA
(1) (1)
($ in millions)
PORTFOLIO EVOLUTION AND EPS EXPANSION
9
Adj.
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
2023E(%)
28
79
87
81 79
76
73
90
77 76 75 73
64
59
33
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
A
V
Y
R
P
M
F
M
C
C
E
A
S
H
H
X
L
E
C
L
H
U
N
E
M
N
S
C
L
M U LT I P L E E X PA N S I O N
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
Source: Peer data per Bloomberg as of February 13, 2023
Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.89.
https://www.avient.com/sites/default/files/2020-07/avient-abac-netherlands-200721.pdf
De ABAC-wetgeving maakt het onwettig voor elk bedrijf
of persoon om iets van waarde aan te bieden, te beloven,
te betalen of de betaling ervan te autoriseren aan een
persoon2 om te helpen zaken te behouden of te beveiligen
of om een ander ongepast zakelijk voordeel te verkrijgen.
Omkoping” is een aanbod of belofte om iets van waarde
of een ander voordeel te verstrekken, of het geven van
toestemming om iets te verstrekken, om de handelingen
van een ander persoon op ongepaste wijze te beïnvloeden.
Sommige derden kunnen
ook verplicht worden om nalevingstraining te volgen.
https://www.avient.com/news/pump-volume-portable-audio-speakers-new-versaflex-tpes-polyone
Homepage
//
News Center
//
Pump Up the Volume on Portable Audio Speakers With New Versaflex™ TPEs from PolyOne
Our new Versaflex™ CE TPE grades combine durable aesthetics with extreme protection from outdoor environments.
In addition, Versaflex™ CE TPE is ideal for high-volume production and offers faster cycle times than TPU or silicone.
https://www.avient.com/news/avient-boosts-aesthetics-and-productivity-consumer-electronics-new-non-blooming-versaflex-ce-3130-tpes
Homepage
//
News Center
//
Avient Boosts Aesthetics and Productivity for Consumer Electronics with New Non-Blooming Versaflex™ CE 3130 TPEs
Using Versaflex non-blooming materials, brands and OEMs can achieve a premium, silky-soft overmolded surface without surface blooms.
Versaflex CE 3130 formulations are currently manufactured in Asia and available globally.
https://www.avient.com/resources/safety-data-sheets?page=6920
COOL GRAY 2U VERSAFLEX
COOL GRAY 2U - PA