https://www.avient.com/sites/default/files/2023-06/2023 Advanced Composites Automotive Overview.pdf
Standard and custom tapes, laminates, and panels
are available in a variety of combinations of matrix
resin systems including PP, PE, PETG, aPET, and
PA6, and include fiber reinforcements such as
E-Glass and S-Glass.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Day%2520Presentation%2520NonGAAP%2520Reconciliation%2520-%2520May%252016%252C%25202012.pdf
Platform operating income mix percentage 2005Y 2008Y 2011Y
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 45.9
Global Color, Additives and Inks 4.3 28.1 43.4
Specialty Platform $ 4.7 $ 45.7 $ 89.3
Performance Products and Solutions 75.7 31.3 62.4
Distribution 19.5 28.1 56.0
SunBelt Joint Venture 91.9 28.6 5.0
Corporate (51.5) (425.1) 20.3
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 233.0
Less: Corporate operating expense (income) 51.5 425.1 (20.3)
Operating income excluding Corporate $ 191.8 $ 133.7 $ 212.7
Specialty platform operating mix percentage 2% 34% 42%
Pro forma platform operating income mix percentage
2007
Pro forma
2011Y
Specialty Platform $ 30.6 $ 89.3
Pro forma ColorMatrix - 27.7
Specialty Platform pro forma ColorMatrix $ 30.6 $ 117.0
Performance Products and Solutions 65.8 62.4
Distribution 22.1 56.0
SunBelt Joint Venture 34.8 5.0
Corporate (73.3) 20.3
Operating income pro forma ColorMatrix $ 80.0 $ 260.7
Less: Corporate and SunBelt operating income 73.3 (25.3)
Operating income excluding Corporate operating income $ 153.3 $ 235.4
Specialty platform operating mix percentage 20% 50%
Adjusted EPS 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y
Net Income $ 130.9 $ 40.9 $ (417.0) $ 106.7 $ 162.6 $ 172.6
SunBelt and OxyVinyls equity earnings, after tax (68.5) (26.1) (20.8) (19.0) (14.7) (3.7)
Special items, after tax (21.2) 41.4 310.0 (31.0) 15.8 (30.5)
Tax adjustments (30.0) (30.7) 147.2 (44.9) (88.3) (42.3)
Adjusted net income $ 11.2 $ 25.5 $ 19.4 $ 11.8 $ 75.4 $ 96.1
Diluted shares 92.8 93.1 92.7 93.4 96.0 94.3
Adjusted EPS $ 0.12 $ 0.27 $ 0.21 $ 0.13 $ 0.79 $ 1.02
Adjusted EPS Q1 2011 Q1 2012
Net Income $ 110.2 $ 20.2
SunBelt equity earnings, after tax (3.7) -
Special items, after tax (79.8) 6.1
Tax adjustments (1.5) 0.1
Adjusted net income $ 25.2 $ 26.4
Diluted shares 96.4 90.7
Adjusted EPS $ 0.26 $ 0.29
Platform sales and operating income (OI) 2005 2006 2007 2008 2009 2010 2011
Global Specialty Engineered Materials Sales $ 282.5 $ 345.3 $ 384.4 $ 514.0 $ 402.9 $ 517.4 $ 575.1
Global Color, Additives and Inks Sales 503.7 531.8 560.5 554.3 459.8 527.4 544.6
Specialty Platform Sales $ 786.2 $ 877.1 $ 944.9 $ 1,068.3 $ 862.7 $ 1,044.8 $ 1,119.7
Performance Products and Solutions Sales 1,136.3 1,166.2 1,086.8 1,001.4 667.7 776.3 865.4
PolyOne Distribution Sales 679.2 732.8 744.3 796.7 625.1 911.9 996.5
Corporate and Eliminations (151.1) (153.7) (133.3) (127.7) (94.8) (111.1) (118.1)
Total Sales $ 2,450.6 $ 2,622.4 $ 2,642.7 $ 2,738.7 $ 2,060.7 $ 2,621.9 $ 2,863.5
Pro forma ColorMatrix Sales 196.0
Total sales pro forma ColorMatrix $ 3,059.5
Global Specialty Engineered Materials OI $ 0.4 $ 3.9 $ 4.9 $ 17.6 $ 20.6 $ 49.7 $ 45.9
Global Color, Additives and Inks OI 4.3 8.9 25.7 28.1 25.2 37.7 43.4
Specialty Platform OI $ 4.7 $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 89.3
Performance Products and Solutions OI 75.7 64.2 65.8 31.3 33.1 54.0 62.4
PolyOne Distribution OI 19.5 19.2 22.1 28.1 24.8 42.0 56.0
Sunbelt Joint Venture OI 91.9 102.9 34.8 28.6 25.5 18.9 5.0
Corporate and eliminations (21.8) (4.6) (25.5) (28.9) (40.8) (32.5) (26.4)
Special items (29.7) 39.1 (47.8) (396.2) 48.7 4.8 46.7
Operating income (loss) GAAP $ 140.3 $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 233.0
Sunbelt equity income (72.5) (107.0) (40.8) (32.5) (29.7) (23.1) (5.7)
Special items 29.7 (39.1) 47.8 396.2 (48.7) (4.8) (46.7)
Operating income adjusted $ 97.5 $ 87.5 $ 87.0 $ 72.3 $ 58.7 $ 146.7 $ 180.6
Operating income pro forma ColorMatrix 27.7
Operating income adjusted pro forma ColorMatrix
$ 208.3
Global Specialty Engineered Materials - OI as a
percentage of sales 0.1% 1.1% 1.3% 3.4% 5.1%
9.6%
8.0%
Global Color, Additives and Inks - OI as a
percentage of sales 0.9% 1.7% 4.6% 5.1% 5.5%
7.1%
8.0%
Specialty platform OI as a percentage of sales 0.6% 1.5% 3.2% 4.3% 5.3% 8.4% 8.0%
Specialty platform OI as a percentage of sales -
pro forma ColorMatrix
8.9%
Global Color, Additives and Inks OI as a
percentage of sales – pro forma ColorMatrix
9.6%
PP&S operating OI as a percentage of sales 6.7% 5.5% 6.1% 3.1% 5.0% 7.0% 7.2%
Distribution OI as a percentage of sales 2.9% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6%
PolyOne OI adjusted, as a percentage of sales 4.0% 3.3% 3.3% 2.6% 2.8% 5.6% 6.3%
PolyOne OI adjusted, pro forma for ColorMatrix,
as a percent of sales
6.8%
Operating income (OI) Q1 2011 Q1 2012
Global Specialty Engineered Materials OI $ 14.0 $ 11.8
Global Color, Additives and Inks OI 11.2 17.3
Specialty Platform OI $ 25.2 $ 29.1
Performance Products and Solutions OI 14.3 17.8
PolyOne Distribution OI 14.7 16.7
Corporate and eliminations (1.6) (10.2)
Special items 127.2 (8.5)
Operating income (loss) GAAP $ 179.8 $ 44.9
Research and Development (R&D) – Pro forma ColorMatrix 2011
PolyOne R&D $ 36.9
ColorMatrix R&D 3.6
Pro forma R&D $ 40.5
Gross Margin as a percentage of Sales
2006 2011
2011
Pro forma
ColorMatrix
Specialty platform sales $ 877.1 $ 1,119.7 $ 1,315.7
Specialty platform gross margin 125.2 263.4 345.9
Specialty platform gross margin percentage 14.3 % 23.5 % 26.3 %
Average Debt Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Average
PolyOne Debt $ 452.9 $ 432.9 $ 432.9 $ 432.9 $ 707.0 n/a
Pro forma ColorMatrix 274.1 274.1 274.1 274.1 - n/a
Total Debt $ 727.0 $ 707.0 $ 707.0 $ 707.0 $ 707.0 $ 711.0
Average Equity Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Average
PolyOne $ 516.0 $ 615.2 $ 629.6 $ 608.5 $ 588.3 $ 591.5
https://www.avient.com/sites/default/files/2023-10/31307-Certificate-20SEP2023.pdf
Industrial Valle del Cinca S/N Apartado
Barbastro, Huesca E-22300
Activity: Design and Manufacture of Specialty Engineered Thermoplastics Activity: Design and Manufacture of Specialty Engineered Thermoplastics
Facility: Avient Corporation - Oricain (Pamplona), Spain
Pol.
https://www.avient.com/sites/default/files/2021-09/colormatrix-flexcart-liquid-metering-system-flyer.pdf
VALUE BENEFITS OF USING FLEXCART™ AND
PLANETPAK™ COMPONENTS
FlexCart & PlanetPak components offer
a market leading metering technology:
• Robust and dependable system control
• Reliable yield (typically 99% using PlanetPak)
and sustainable packaging
• Data networking and remote Internet
support capabilities
• Simplified changeover with interchangeable
cassettes of color and additives
ATTRIBUTE FLEXCART
Footprint (LxW cm) 86 x 71
Controller options 3000/Flex G
5000/6000
Typical max.
throughput (kg/hr)
1000+
Max. metering rate (cc/s) 10
Continuous use Yes
Transfer pumps PC/Peri
Metering pumps PC/Peri
Interchangeable cassette Yes
Note: PC = Progressing Cavity Pump
Peri = Peristatic Pump
PLANETPAK™ CONTAINERS
The FlexCart system is designed to work with the standardized
PlanetPak container range of packaging, typically achieving
99% reliable yield while also achieving a sustainable packaging
format that is fully recyclable.
https://www.avient.com/sites/default/files/2020-08/colormatrix-flexcart-nano-liquid-metering-system-flyer_0.pdf
VALUE BENEFITS OF USING THE FLEXCART
NANO SYSTEM
The FlexCart Nano metering system is market leading:
• Robust and dependable system control
• Reliable yield (typically above 90%)
and sustainable packaging
• Fully supported technology
• Small footprint designed for very
low throughputs
FLEXCART™
NANO LIQUID
METERING SYSTEM
Combined with the PlanetPak™
delivery packaging
ATTRIBUTE FLEXCART
NANO
Footprint (LxW cm) 55 x 30
Controller options 3000
Typical max.
throughput (kg/hr) 50
Max. metering rate (cc/s) 1.8
Continuous use No
Transfer pumps N/A
Metering pumps Peri
Interchangeable cassette No
Note: Peri = Peristatic Pump
PLANETPAK™ CONTAINERS
The FlexCart range of metering systems is designed to work
with the standardized Avient range of packaging, typically
achieving 99% reliable yield on continuous operating
systems, and at the same time achieving a sustainable
packaging format in terms of full recyclability.
https://www.avient.com/sites/default/files/2023-03/Fiber-Line Global Product Selection Guide.pdf
FIBER-LINE™
High Performance
Synthetic Fibers
PRODUCT SELECTION GUIDE
FIBER-LINE™ HIGH PERFORMANCE SYNTHETIC FIBERS
Kevlar® Para-Aramid Nomex®
Meta-Aramid Vectran® LCP Zylon® PBO Carbon
Fiber UHMWPE PET Polyester Fiberglass Novoloid Technora®
Filament Yarn
TECHNICAL PROPERTIES Standard
High
Modulus
Standard
Standard
High
Standard
High
Standard
Standard
High
High
Tenacity
Low
Shrink E-Glass S-Glass Standard
Standard
Breaking Tenacity (g/d) 23.0 23.6 5.0 23.0 30.0 42.0 42.0 23.0 28.0 38 9.3 8.4 6.0 - 7.3 6.7 - 9.4 1.5 28.0
Specific Gravity (Ratio) 1.44 1.44 1.38 1.40 1.40 1.54 1.56 1.80 0.97 0.97 1.38 1.38 2.58 2.48 1.27 1.39
Elongation at Break (%) 3.5 2.5 30.0 3.8 2.8 3.5 2.5 1.5 3.5 3.1 14.6 19.5 3.5 5.5 30.0 - 40.0 4.6
Tensile Modulus (g/d) 555 885 125 600 830 1200 1800 1480 850 1250 120 70 200–275 140–170 2.5–5.0 590
Equilibrium Moisture Regain
at 55% RH (%) 5.0 5.0 4.5
https://www.avient.com/sites/default/files/2021-06/fl.a4.datasheet-novoloid.pdf
History
The technology to produce Phenolic Fiber was initially developed in
the late 1960’s with commercial fiber production and development by
Gunei Chemical Industry Co. based in Japan.
https://www.avient.com/sites/default/files/2021-06/fl.us-.datasheet-zylonr-pbo.pdf
History
PBO was first developed in the 1980’s and is the world’s strongest man-made
fiber.
https://www.avient.com/sites/default/files/2020-08/colormatrix-flexcart-micro-liquid-metering-system-flyer.pdf
VALUE BENEFITS OF USING THE FLEXCART
MICRO SYSTEM
The FlexCart Micro metering system is market leading:
• Robust and dependable system control
• Reliable yield (typically 95%+) and
sustainable packaging
• Capability of data networking and remote
internet support
• Small footprint & LN standard recyclable
delivery packaging
FLEXCART™
MICRO LIQUID
METERING SYSTEM
Combined with sustainable
delivery packaging
ATTRIBUTE FLEXCART
MICRO
Footprint (LxW cm) 60 x 35
Controller options 3000
5000
Typical max.
throughput (kg/hr) 250
Max. metering rate (cc/s) 10
Continuous use No
Transfer pumps N/A
Metering pumps PC/Peri
Interchangeable cassette Yes
Note: PC = Progressing Cavity Pump
Peri = Peristatic Pump
PLANETPAK™ CONTAINERS AND
LN PACKAGING OPTIONS
The FlexCart suite of metering systems is designed
to work with the standardized PolyOne range of
packaging typically achieving 99% reliable yield on
continuous operating systems, while at the same
time also achieving a sustainable packaging format
in terms of full recyclability.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
John S.
Manager Equipment Control - KLM-Martinair
Avient Corporation 60
18
27
5
10
15
25
45
2023 2026 2029 2032
EMEA APAC Americas
11% CAGR
38
49
53
58
45
55
2023 2026 2029 2032
Source: NHTSA, Reuters Source: BloombergNEF
Global Offshore Wind Installations
M
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An
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In
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ns
(i
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Gi
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1.
Per Carlsson, Manufacturing and Operations
Avient Corporation 71
80
2022 2030
Medical Plastics Market Size
PRESERVE – TAKEAWAY
Protecting Human Life and Enabling Connectivity Drives Growth Projections
Examples
Covered
56%
Other Applications
44%
2022
$525M (in
$
Bi
lli
s)
8% CAGR 34% CAGR
5G Infrastructure Market Size
12
92
10
70
80
2023 2024 2025 2026 2027 2028 2029 2030
(in
$
Bi
lli
s)
Source: Grand View Research Source: Global Data
Summary
Senior Vice President and Chief Financial Officer
Avient Corporation 72
OUR SUSTAINABILITY REPORT
Avient Corporation 73
Avient Corporation 74
2030 SUSTAINABILITY GOALS
Avient Corporation 75
PERFORMANCE AND RECOGNITION
1
2
5
ESG Ratings Performance
ESG Awards and Certifications
top 13%
94th
percentile
Avient Corporation 76
SUSTAINABILITY INNOVATION AWARDS
Ultra-Low Carbon
Footprint TPE
Innovation Award, Finalist:
PCR Colorants + Additives
Sustainable Packaging Innovation,
Finalist: U.S.