https://www.avient.com/sites/default/files/2023-11/AVNT November IR Presentation.pdf
&
Canada
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
40%
37%
18%
9% 4% 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.
WHAT WE DO: WE ARE A FORMULATOR
6
CUSTOM
FORMULATION
N OVE MBE R 2 , 2023
W E BCAS T
P RE S E N TAT I O N
Complementary technologies and
customer relationships offer opportunity to
advance commercial strategy
Dyneema®, the world’s strongest fiber™, to
accelerate growth of sustainable, ultralight
and high performance applications
AVIENT PROTECTIVE MATERIALS
FIRST YEAR
8
Composites comprises over half of
Specialty Engineered Materials,
compared to 9% in 2016
Proven history of success in areas
such as outdoor high performance,
defense and sustainable solutions
Composites
44%
56%
2023E
Sales
Collaboration & InnovationComposites as a % of SEM People & Culture
Talented, passionate, and
creative associates drive
continued integration success
and allow two cultures to come
together as one Avient
Lightweight Protective Laminates:
PROJECTILE PROTECTION
Dyneema® Fiber Solutions
Cushioning + Fit + Comfort:
LONG-TERM WEAR
reSound™ Versaflex™ Thermoplastic Elastomers
Strength + Durability + Light-Weighting:
SOLID MOUNTING BRACKETS
Nymax™ Bergamid™ Complēt™ Engineered Materials
Durability + Lubricity:
HELMET LATCHES
Lubri-One™ Internally Lubricated Polymers
Color Consistency and Weatherability
CUSTOMIZED SPECIFICATIONS
Avient Color and Additive Solutions
Antennae Performance
FAST, RELIABLE CONNECTIONS
PREPERM™ Low-Loss Dielectric Thermoplastics
AVIENT PROTECTIVE MATERIALS
CROSS SELLING OPPORTUNITIES
Wired Connections
CONSTANT COMMUNICATION
Syncure™ Cross-linkable Wire & Cable Formulations9
10
AVIENT PROTECTIVE MATERIALS
CROSS SELLING OPPORTUNITIES
10
Q 3 P E RFO RMAN CE
15.4%
16.3%
2022 PF 2023
Results vs.
Avient 2011, 2018 and 2021 multiples reflect trailing 12 months EBITDA at December 31.
28
EV / 2023E EBITDA
6.5
8.5
11.0
8.9
12.0 11.9
10.9
9.9
8.2
16.3
13.8
11.9
9.6 9.5 9.5 9.2
7.7
11
21
O
ct
23
PM PP
FM
C C
Avient Historic Multiple
Avient Specialty
Other Specialty /
AP P E N DI X
30
Performance
Additives
16%
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
2022 pro forma results for the acquisition of Avient Protective Materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
32
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2022 REVENUE | $2 .4 BILLION
US & Canada
34%
38%
END MARKET REGION
33
34%
21%
Building &
1% Energy
2%
COLOR, ADDITIVES & INKS
2022 PRO FORMA REVENUE | $1 .3 BILLION
US & Canada
52%
35%
34
19%
8%Industrial
16%
9% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
27%
14%
17%
Building &
(37% of sales)Transportation
12%
Building &
US &
Canada
(40% of sales)
7%
56%
23%
7%
Building &
1%
LATAM
(5% of sales)
3%
35
BY END MARKET
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/investor-center/news/avient-completes-acquisition-dsm-protective-materials-dyneema
NYSE: AVNT), a leading provider of specialized and sustainable material solutions, has completed its purchase of the protective materials business of DSM (including the Dyneema® brand), which will now be called Avient Protective Materials and reported within the company's Specialty Engineered Materials segment.
The ultra-lightweight specialty fiber is 15 times stronger than steel and is used in demanding applications, such as ballistic personal protection, marine and sustainable infrastructure, renewable energy, industrial protection and outdoor sports.
President, Specialty Engineered Materials,
https://www.avient.com/sites/default/files/2021-04/b-c-industry-bulletin.pdf
BUILDING &
CONSTRUCTION
INDUSTRY BULLETIN
SAFETY
Security and
prevention
SOLUTION: Flame
retardants, laser
marking additives,
electrical and thermal
additives
SURFACE FINISH
Low maintenance,
natural wood grain aesthetics
SOLUTION: Wood plastic composite
(WPC) capstock technology
PROTECTION
Potable water tanks, electrical
connectors, piping & tubing, insulation
SOLUTION: Antimicrobials, electrical
and thermal additives
LONGEVITY
Long service life, chemical resistance,
mold & mildew resistance
SOLUTION: Weatherable colorants,
impact modifiers, antimicrobial
additives
SUSTAINABILITY
LEED building & material credits, healthy building,
reduced energy use, lightweighting, eco-conscious
SOLUTION: Recycled materials, chemical foaming
agents, bio-derived colorants & additives
LANDSCAPE HARMONY
Concrete surfaces, patio coloring, stucco
SOLUTION: Pool colorants, metallic
flooring colorants, stains
The building and construction industry
is dynamic, with trends towards high-
performance buildings, elegant outdoor
areas, healthier living spaces, and
eco-friendly environments.
DESIGN & PROCESSING
Material flexibility and customization, extrusion
and molding optimization techniques
SOLUTION: Advanced polymer science,
application development, technical service
VISUAL AESTHETICS
Custom colors, deep shades,
special effects
SOLUTION: Metallic colorants,
granite & woodgrain effects
DURABILITY
Wind & impact resistance,
chemical resistance, weatherability
SOLUTION: Scratch & mar resistant
or IR/UV resistant additives,
dimensional stabilizers
TECHNOLOGY DESCRIPTION TYPICAL APPLICATIONS
Antimicrobial
Antimicrobial technology to limit microbe growth—
reduces bacterial, mold and fungal growth on surface
and through thickness, protecting finished part
• Potable water equipment • Roofs & eaves
• Decking, fencing & railings • High-touch surfaces
• Bath surrounds, liners & inserts
Scratch & Mar Resistance
For applications requiring resistance to daily surface
abrasion, and management of surface energy
• Exterior fencing, decking, railings & shutters
• Outdoor furniture
• Playground equipment
Flame Retardant
Reduces spread of fire and heat release by creating
a char to limit oxygen at the flame source
• Wire & cable • Telecommunications
• Decking, fencing & railings • Conduit
• Exterior siding & cladding • Housings
UV and Light Blocking
UV stabilizers help mitigate the harmful effects of
UV radiation while light blocking additives protect
products sensitive to light
• Exterior siding & cladding • Trim & moldings
• Roofing, shingles, tiles • Outdoor furniture
• Fencing, decking, railings & shutters
Anti-static and Conductive
Controls build-up of static charges to create
static-dissipated parts while reducing related
dust accumulation
• Electrical connectors • Conduit or tubing
• Junction boxes • Flooring
• 5G enabling
Chemical Foaming
Agents
Reduces weight and density without compromising
mechanical properties
• Exterior siding & cladding • Modular panels
• Decking, fencing & railings
Optimization Additives
Cycle-time reducers that help optimize production
while allowing improved dimensional stability and
energy efficiency, among other processing benefits
• Used in extrusion and injection molding processes
to improve thermal conductivity, and lower
processing temperatures and energy consumption
Laser Marking
Supports design and production flexibility and offers
a new level of control in marking polymers with speed
and clarity
• Wire & cable • Outdoor furniture
• Equipment & housings • Pipes & fittings
Anti-counterfeiting
Customizable in-plastic authentication technologies
that enable positive identification versus counterfeit
products
• Wire & cable jacketing • Pipes & fittings
• Telecommunications • Potable water
equipment
Wood Plastic Composite (WPC)
Capstock Technology
Pair with traditional WPC materials as a substrate
for a durable outer layer
• Exterior siding & cladding • Outdoor furniture
• Fencing, decking & railings
Sustainable Colorants &
Color concentrates and additives carefully chosen
to meet industry requirements and legislation, and
designed to lower environmental impact while
improving sustainability
• Green building roofing • OSHA compliance
• Sheet & profile extrusions • LEED building &
material credits
FX Special Effects
Colorants
Granite, marbling, woodgrain and other distinctive
colorant technologies to provide special surface
effects
• Decorative molding • Chair or hand rails
• Wallcovering • Blinds & shutters
• Any surface or part demanding a distinctive look
Pool Colorants Durable, long-lasting pigment formulations for
finishes that hold up to pool water chemistries
• Pool decks • Coping
• In-ground swimming pools
Metallic Flooring &
Stain Colorants
Colorants designed to give concrete floors and
surfaces a distinctive appearance
• Concrete flooring • Countertops
• Decorative concrete • Walls
While this listing represents many Avient solutions and addresses common applications, we can tackle many other
building & construction needs.
https://www.avient.com/company/sustainability/sustainability-report/products/markets/protective-materials
Beyond continual innovation and collaboration, the lightweight construction of armor made with Dyneema® helps mitigate long-term injuries associated with the cumulative effect of daily armor use, safeguarding lives on the front lines and beyond.
It offers excellent energy absorption and enhanced protection in a lightweight solution.
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-edgeglo-colorant
OnColor™ Edgeglo™ Bright Edge Transparence Colorants are formulated fluorescent concentrates that cause the edges, embossing and reliefs on a part to glow brighter than the flat surfaces.
OnColor Edgeglo colorants process well in thermoplastic applications.
https://www.avient.com/sites/default/files/2021-12/Chemically Resistant Materials Whitepaper.pdf
Processing parameters and part design can
influence the residual stresses in a part; higher melt
and mold temperatures with longer cooling times
can reduce residual stress during molding, whereas
coring features, bosses, and round/oval holes (when
necessary) can help alleviate internal stresses
around part corners.
Polymer Engineering & Science 2012, 53 (3), 453–467.
5.
Plastics Engineering 2015, 71 (10), 30–36.
https://www.avient.com/sites/default/files/2022-10/Hoyt VITALPOINT Grip Case Study.pdf
CASE STUDY: VERSAFLEX™ SOFT-TOUCH THERMOPLASTIC ELASTOMERS
Challe
nge Accepted.
Every element of the bow is engineered with
the success of the archer in mind.
They presented
Hoyt with a variety of options and suggested Avient’s
Versaflex™ soft-touch thermoplastic elastomer as a
material solution.
https://www.avient.com/sites/default/files/resources/Polyone%2520AR.pdf
The major types of thermoplastics include polyethylene, polyvinyl chloride, polypropylene,
polystyrene, polyester and a range of specialized engineering resins.
Further performance can be delivered through an engineered thermoplastic sheet or thick film,
which may incorporate more than one resin formulation or composite in multiple layers to impart additional properties
such as gas barrier, structural integrity and lightweighting.
Specializing in long-fiber reinforced thermoplastics, PlastiComp's results are reported in
the Specialty Engineered Materials segment.
https://www.avient.com/sites/default/files/2020-09/edgetek-processing-guide.pdf
These materials are based on select
engineering thermoplastic resins that are formulated with reinforcing additives such as carbon fiber, glass fiber and glass beads.
Gate type
should be selected based on location and part geometry
For circular parts, full perimeter venting is recommended
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
The major types of thermoplastics include polyethylene,
polyvinyl chloride, polypropylene, polystyrene, polyester and a range of specialized engineering resins.
Further
performance can be delivered through an engineered thermoplastic sheet or thick film, which may
incorporate more than one resin formulation or composite in multiple layers to impart additional properties
such as gas barrier, structural integrity and lightweighting.
Our technical and
market expertise enables us to expand the performance range and structural properties of traditional
engineering-grade thermoplastic resins to meet evolving customer needs.