https://www.avient.com/sites/default/files/2024-09/Complet OnForce LFT Overview _ Brand Brochure.pdf
Complēt™ Hybrid
Synergistically combines long carbon and long
glass fiber together in a unified pellet solution to
optimize performance and cost while enabling a
more consistent molding experience and end product
compared to blending at the press.
OVERCOME
MATERIAL
CHALLENGES
Deploy long fiber reinforced
composites to meet these needs:
• Metal replacement for weight reduction
• Failure of lower performing plastics
• Structural load carrying requirements
• Increased impact or fatigue durability
• Wide temperature range performance
• Thermoplastic design freedom
• Manufacturing process cost savings
1.844.4AVIENT
www.avient.com
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2024-11/Dispersions Healthcare Industry Bulletin.pdf
INDUSTRY BULLETIN
DISPERSIONS IN
HEALTHCARE
TECHNOLOGY DESCRIPTION TYPICAL APPLICATIONS
Silicone Colorant Dispersions Biocompatible, conformable silicone rubber colorants
that deliver lightfastness and aesthetic appeal
• 3D medical silicone printing
• Anatomical models and surgical guides
• External prosthetics and orthotics
• Medical ventilation/respiratory masks
• Dental and medical tools and equipment
Silicone Additive Dispersions Silicone additive solutions formulated to provide chemical
resistance, durability, and enhanced physical properties
Rubber Colorant Dispersions
Durable rubber colorants formulated for optimal
dispersion and lot-to-lot consistency to promote
ease of handling
• Medical devices and tools
• Vibration and shock control for medical
equipment
• Drug delivery devices
Urethane Colorant Dispersions Versatile urethane colorants that streamline production
and enhance quality
• Foam enclosures/support for medical tools
and equipment
• Medical and surgical devices
• Physical therapy tools
Epoxy Colorant Dispersions
Long-lasting, hygienic epoxy colorants that provide
high-cost efficiency, stability, and customization
opportunities
• Healthcare facility floor coatings
Vinyl Colorant Dispersions
Vinyl colorants developed for applications where
dispersion, uniformity, compatibility, and cleanliness
are essential
• Medical equipment
Aqueous Additive Formulations
Functional additives stabilized, suspended, and dispersed
in water that shorten development cycles, streamline
operations, and can be customized to meet specific
requirements
• Medical gloves
• Wound care
Electrically Conductive
Additives for Silicone
Innovative silicone additives to provide high conductivity
and lower filler loadings
• Neurostimulation electrode pads
• Medical tools and equipment
Laser Marking Additives for
Silicone
Dispersions containing laser absorbers and color formers
that eliminate the need for secondary etching while
promoting chemical resistance, mechanical property
retention, and production efficiency
• 3D medical silicone printing
• Anatomical models and surgical guides
• External prosthetics and orthotics
• Medical ventilation/respiratory masks
• Medical devices
Surface Modification Additives
for Silicone
Non-oil based silicone additives that reduce tackiness
and enhance smoothness of the cured compound
• Dental tools and equipment
• Medical devices, tools, and equipment
Self-Bonding Silicone Silicone compounds able to bond to various substrates
without prime coating
• Medical tools and equipment
This listing represents standard Avient dispersion technologies and addresses common healthcare applications,
but we can work with you to explore additional options.
However, they
can also introduce new challenges in developing the
high-performing and cost-effective products needed
to help doctors and medical practitioners deliver
treatments that will improve patient outcomes.
https://www.avient.com/sites/default/files/2023-01/AVNT Dec 2022 Earnings Presentation.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
12
$133
$201
2019PF 2022E
12
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORIC SPECIALIZATION THROUGH M&A
13
Distribution
DSM Protective
BOLT-ON ACQUISITION HISTORY
14
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
0%
60%
80%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
15
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
OPS)
21
Sales Adjusted EBITDA
$818 $823
+ 1%
Adjusted EPS
+ 8% - 3%
(in millions) (in millions)
(+ 9% excluding FX) (+ 18% excluding FX) (+ 5% excluding FX)
Q3 EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
22
Price increases more than
offset raw material and
supply chain impacts
$ millions
CAI:
Price / Mix 68
Inflation (44)
SEM:
Price / Mix 41
Inflation (26)
Net Price Benefit 39
Wage and Energy Inflation (14)
Clariant Color Integration Synergies 6
Incentives, Other Employee Costs 14
FX (11)
Q3 2022 $137
Adjusted
Q3 2021 $ 142
Demand (39)
Q3 2022 SEGMENT PERFORMANCE
23
CAI
$587
$566
Sales
$93 $93
SEM Pro Forma
$326 $319
Sales
$70
$62
(+ 4% excluding FX)
- 4% - 2%
(+ 5% excluding FX)
Flat
(+ 7% excluding FX)
- 11%
(- 7% excluding FX)
$500
$585
$2.60
$2.95
FULL YEAR 2022 GUIDANCE
24
Sales Adjusted EBITDA
$3,375
$3,635
Adjusted EPS
(in millions) (in millions)
25
SUMMARY
• Executed the plans we laid out earlier this year
• Completed the Dyneema acquisition and Distribution divestiture
amid challenging market conditions
• Paid down debt and expect to finish the year modestly levered at
3.1x net debt to 2022 pro forma adjusted EBITDA
• Expect $200 million of free cash flow in 2022
• Entering an economic slowdown with a portfolio that is better
positioned than ever before
• Updated our EPS guidance to $2.60 from continuing operations
APPENDIX
Performance
Additives
Pigments
TiO2
Dyestuffs
3%Polyethylene
12%
Nylon
Polypropylene
Other Raw
30%
Styrenic Block
Copolymer
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
27
• From Q2 to Q3, we have seen a 7-10%
sequential decline in certain
hydrocarbon-based raw materials
• Other raw materials such as
performance additives and pigments
have shown moderate inflation
sequentially from Q2 to Q3
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Avient Protective Materials
SEGMENT DATA
U.S. & Canada
Latin America
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
21%
Building and
END MARKET REVENUE
(1) Total company adjusted EBITDA of $585M includes corporate costs.
https://www.avient.com/sites/default/files/2021-05/2021-colormatrix-quick-guide-to-liquid-color_0.pdf
At four global
ColorWorks centers, teams of experts work to establish
high-impact color concepts at the earliest stages of
product development to help you heighten shelf
impact, differentiate brands, control costs and time-
to-market, and manage color across multiple resins all
around the world.
Streamlining this process and being able to react
quickly and cost-effectively to market dynamics can
give that all-important competitive edge.
Manufacturers operating lean manufacturing
systems can also benefit by driving down inventory
requirements even further
• Avient’s advanced liquid systems can be run at lower
temperatures whilst maintaining stability allowing
important energy cost and carbon footprint savings to
be made
LIQUID COLOR
SERVICE PACKAGE
Avient is dedicated to supporting its customers with
a full package of support services to ensure optimum
value from our advanced colorant and additive
technologies.
https://www.avient.com/sites/default/files/2021-05/2021-colormatrix-quick-guide-to-liquid-color.pdf
At four global
ColorWorks centers, teams of experts work to establish
high-impact color concepts at the earliest stages of
product development to help you heighten shelf
impact, differentiate brands, control costs and time-
to-market, and manage color across multiple resins all
around the world.
Streamlining this process and being able to react
quickly and cost-effectively to market dynamics can
give that all-important competitive edge.
Manufacturers operating lean manufacturing
systems can also benefit by driving down inventory
requirements even further
• Avient’s advanced liquid systems can be run at lower
temperatures whilst maintaining stability allowing
important energy cost and carbon footprint savings to
be made
LIQUID COLOR
SERVICE PACKAGE
Avient is dedicated to supporting its customers with
a full package of support services to ensure optimum
value from our advanced colorant and additive
technologies.
https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
12
$133
$201
2019PF 2022E
12
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B
Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORIC SPECIALIZATION THROUGH M&A
13
Distribution
DSM Protective
BOLT-ON ACQUISITION HISTORY
14
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
0%
60%
80%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
15
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
OPS)
21
Sales Adjusted EBITDA
$818 $823
+ 1%
Adjusted EPS
+ 8% - 3%
(in millions) (in millions)
(+ 9% excluding FX) (+ 18% excluding FX) (+ 5% excluding FX)
Q3 EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
22
Price increases more than
offset raw material and
supply chain impacts
$ millions
CAI:
68Price / Mix
(44)Inflation
SEM:
41Price / Mix
(26)Inflation
39Net Price Benefit
(14)Wage and Energy Inflation
6Clariant Color Integration Synergies
14Incentives, Other Employee Costs
(11)FX
$137 Q3 2022
Adjusted
$ 142Q3 2021
(39)Demand
Q3 2022 SEGMENT PERFORMANCE
23
CAI
$587
$566
Sales
$93 $93
SEM Pro Forma
$326 $319
Sales
$70
$62
(+ 4% excluding FX)
- 4% - 2%
(+ 5% excluding FX)
Flat
(+ 7% excluding FX)
- 11%
(- 7% excluding FX)
$500
$585
$2.60
$2.95
FULL YEAR 2022 GUIDANCE
24
Sales Adjusted EBITDA
$3,375
$3,635
Adjusted EPS
(in millions) (in millions)
25
SUMMARY
• Executed the plans we laid out earlier this year
• Completed the Dyneema acquisition and Distribution divestiture
amid challenging market conditions
• Paid down debt and expect to finish the year modestly levered at
3.1x net debt to 2022 pro forma adjusted EBITDA
• Expect $200 million of free cash flow in 2022
• Entering an economic slowdown with a portfolio that is better
positioned than ever before
• Updated our EPS guidance to $2.60 from continuing operations
APPENDIX
Performance
Additives
Pigments
TiO2
Dyestuffs
3%Polyethylene
12%
Nylon
Polypropylene
Other Raw
30%
Styrenic Block
Copolymer
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
27
• From Q2 to Q3, we have seen a 7-10%
sequential decline in certain
hydrocarbon-based raw materials
• Other raw materials such as
performance additives and pigments
have shown moderate inflation
sequentially from Q2 to Q3
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Avient Protective Materials
SEGMENT DATA
U.S. & Canada
Latin America
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
21%
Building and
END MARKET REVENUE
(1) Total company adjusted EBITDA of $585M includes corporate costs.
https://www.avient.com/sites/default/files/2020-08/fiber-solutions-business-unit-overview-2020.pdf
EXCELLENT QUALITY/CONSISTENCY
• Long and stable spinning time
• Easy production management
• Reduced spinning filter part replacement
• Higher production output
• Lower production cost vs. conventional dyeing
EXCELLENT COLOR CONSISTENCY OF YARNS
• Controlled limits of color deviation
• Greater customer satisfaction
• Strictly selected and controlled raw materials
EXCELLENT COLOR FASTNESS (LIGHT, WASHING, DRY HEAT, ETC.)
• Attractive appearance to final product
• Long lasting color
ENVIRONMENTAL ADVANTAGES
• Environmental advantages
• Less production costs
• Lower carbon footprint
• Lower chemical usage
• Waste reduction
MAGIQ FIBER COLORANTS -
MASTERBATCH PORTFOLIO
BLACK
• Standard and special products with high
pigment concentrations and excellent
tinting strength
• MBs at lower concentrations designed
to meet specific customer needs
• Black MB tailored for special requirements, with
particular physical/rheological properties
• Optimal melt flow properties allow a good
mixture with the polymer matrix yielding
the best possible spinnability
https://www.avient.com/sites/default/files/2023-01/Hydrocerol Chemical Foaming Agents for Injection Molding Technical Bulletin.pdf
Hydrocerol™ Chemical
Foaming Agents
FOR USE IN INJECTION MOLDING
TECHNICAL GUIDE
CHEMICAL
FOAMING
AGENTS
• Reduced part weights, saving material and costs
• Reduced cycle times
• Smoother surface
• Fine cell structure
• No discoloration or odor
• Suitable for standard machinery
• Flexibility in production
• Smaller machines, due to lower clamping forces
• Higher stiffness-to-weight ratio
• Elimination of warpage
• Elimination of sink marks
• Improved dimensional accuracy
• Improved flowability
• Improved thermal insulation
• Decreased sound transfer
• Creation of new effects
Chemical foaming agents are substances, which
get activated at typical thermoplastic polymer
processing temperatures, liberating gases such as
CO2 and/or N2.
Processing stages
PRESSURE PROFILE
Compact Molding
Structured Foam Molding
Cycle Time
Pr
es
su
re
The main reason for the use of Hydrocerol Chemical
Foaming Agents is to achieve weight reduction of
plastic parts, which in turn saves material costs and
supports a more sustainable profile to the molded
part.
https://www.avient.com/products/advanced-composites/continuous-fiber-composite-tape-laminates-and-barstock/polystrand-continuous-fiber-tapes-laminates
Unlock modular construction potential with flame retardant composite panels to boost efficiency, ensure compliance, and reduce costs.
https://www.avient.com/products/polymer-additives/healthcare-additives/mevopur-healthcare-functional-additives
Improve the performance of your product or efficiency and cost of your process