https://www.avient.com/sites/default/files/2023-10/Value Added Services Brochure.pdf
A RANGE OF WORLD-CLASS SERVICES
COLOR TECHNOLOGY
Custom matching, saturated colors, and special
effects to fill market niches, eliminate secondary
operations, and strengthen your brand
PCR COLOR PREDICTION SERVICE
Digital prediction tool illustrating color possibilities
and limitations of post-consumer recycled (PCR)
content to simplify decision making and shorten
time to launch
PRODUCT CARBON FOOTPRINT (PCF)
CALCULATOR
Methodology that evaluates the carbon footprint of
Avient solutions, contributing a data point to your
overall carbon footprint and supporting credible
reporting
AVIENT DESIGN
A highly specialized group of industrial designers
and project engineers that provides advanced
design and detailed analysis to foster higher levels
of innovation
TESTING AND VALIDATION
Fully accredited and in-house testing capabilities
to generate data for insight into material behavior,
environmental effects, and more
REGULATORY SUPPORT
Dedicated product stewardship team assisting
with new product approvals to reduce regulatory
overhead and minimize risk
COLOR AND ADDITIVE DESIGN SERVICES
Trend and color insights along with product
development assistance from concept through
commercialization to optimize design and gain
speed to market
RESEARCH AND DEVELOPMENT
Long-term strategic solution development that
addresses complex and unmet product innovation
needs
APPLICATION DEVELOPMENT TECHNICAL
SUPPORT
Technical experts specifically trained to work
directly with your team to solve definitive
application challenges with new or existing
approaches
FIELD TECHNICAL SERVICE
Onsite support for tool design, startup, and
production optimization to gain manufacturing
efficiencies and help resolve technical issues
Common compliance categories
where we can assist:
• UL
• USP Class VI
• ISO 10993
• ISO 1345
• REACH
• RoHS
• FDA
• EU 10/2011
• China GB
• MERCOSUR
• USP
• ISP
• CPSIA
• Prop 65
ColorWorks™ Design &
Technology Centers
Our global ColorWorks centers are
focused on design, technology, and
innovation for plastics.
Services include:
• New product development
• Color, Material & Finish (CMF)
development and design
• Circular design for sustainability
• Rapid prototyping
• 3D visualization
Ready to learn more?
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2023-09/Color _ Additive Masterbatches for E_E Application Bulletin_A4.pdf
OnColor™ UL 94 Colorants*
• More than 2,000 recognized concentrates
available worldwide in all color options
• HB rating for most of PP, PS, ABS, PC/ABS, PBT,
PA, PA-GF, TPU generic resins
• V-0, V-1, V-2 and 5VA/5VB ratings for more than
200 specific engineering resins
• Master file of recognized concentrates with
scope of use accessible in the UL product finder
• Development of custom products for specific
resins upon request
• Compliance Letters available for REACH and
RoHS
Cesa™ Flame Retardant Additives
for Glow Wire
• Fire performance in line with different levels of
Glow Wire temperatures (IEC 60695-2-12)
• Let-Down Ratio adjustable to reach different
levels of Glow Wire temperatures
• Non-halogen (in accordance with IEC 61249-
2-21) and non-HBCD** solutions
• Wide range of solutions adapted to different
polymers (PP, PS, PC)
• Color and flame retardants can be combined
in one product
• Compliance Letters available for REACH
and RoHS
APPLICATION BULLETIN
* Solutions also sold as Renol™ UL 94 Colorants
APPLICATION
POLYMER
GWFI
TEMPERATURE
TYPICAL
LET-DOWN RATIO CONTENT
HIPS 750–960°C 5–10% Non-HBCD
flame retardant**
PC 850–960°C 2–4% Non-halogen in accordance
with IEC 61249-2-21
PP homopolymer 850–960°C 4% Non-halogen in accordance
with IEC 61249-2-21
PP copolymer 850–960°C 4–8% Antioxidant - metal
deactivator
** Non-HBCD means that Hexabromocyclododecane (HBCD) is neither used as starting material during the mixing phase of our products nor
intentionally added during production, but it cannot be excluded that it is not present at level of ubiquitous traces in any of the raw materials
used in manufacturing of our products.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2021-04/onflex-s-garden-hose-hand-grip-case-study.pdf
For this manufacturer, another appealing aspect of working
with this material was Avient’s dedicated TPE production
line in Spain, which is used solely to manufacture TPEs for
overmolding applications.
The material
helps the company produce attractive, high-quality garden
sprayers featuring precisely fitting parts.
Abrasion resistance = excellent appearance to uphold
corporate image: The Avient material resists scratching
and scraping that commonly occur when sprayers are
dragged along the ground or left out in all types of
weather.
https://www.avient.com/sites/default/files/2020-10/tpes-for-automotive-fasteners-clips-product-bulletin-1.pdf
GLS™ TPE
AUTOMOTIVE SOLUTIONS
ENABLE LONG-TERM
PERFORMANCE
WITH TPEs FOR
FASTENERS AND CLIPS
The average length of vehicle ownership is on the rise, placing greater demands on all elastomeric materials
to maintain long-term sealing performance in fasteners and clips.
Processing conditions can cause material properties to shift from the values stated in the information.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2020-08/wilflex-ghosting-tips-techniques.pdf
Couple this with the residual heat in the material and
a situation is created that mimics a transfer press.
Processing conditions can cause material properties to shift from the values stated in the information.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2025-01/Glasforms Dowel Bar Application Overview.pdf
Glass fiber reinforced polymer (GFRP) dowel bars
offer advantages over traditional steel or epoxy-
coated steel bars:
• Electromagnetic transparency: ideal for high-
speed toll roads to prevent interference
• Corrosion resistance: the GFRP material
will not rust or corrode in salt or alkaline
environments
• Light weight: less than one-third the weight
of steel
• Does not bond to concrete: eliminates
the need for sleeves or grease to allow for
expansion and contraction
Glasforms™ composite dowel bars are tested and
approved to meet the following requirements:
• ASTM 1356 Glass Transition Temperature
• ASTM D570 Water Absorption
• ASTM 2344 Short Beam Strength
• ASTM 7617 Transverse Shear Strength
Glasforms™ Composite Dowel Bars
for Concrete Pavement Construction
APPLICATION OVERVIEW
WHY GLASFORMS
PULTRUDED COMPOSITES?
Processing conditions can cause material properties to shift from the values stated in the information.
Matrix Resin Fiber Reinforcement Fiber Content, by Weight (%)
Epoxy E-CR or E-Glass >70%
MATERIAL
TECHNICAL DATA
Property Test Procedure
Rod Diameter
1.25 in (31.75 mm) 1.50 in (38.10 mm)
Glass Transition Temp (Tg) ASTM 1356 100°C Minimum 100°C Minimum
Water Absorption 24 hours
at 50°C (122°F) ASTM D570 0.03% 0.03%
Short Beam Strength (ILSS) ASTM 2344 8,400 psi
(58 MPa)
9,200 psi
(64 MPa)
Transverse Shear Strength ASTM 7617 23,400 psi
(160 MPa)
24,640 psi
(170 MPa)
Traceability Lot number shall be clearly marked on each package/shipment.
https://www.avient.com/sites/default/files/2023-06/2023 Advanced Composites Automotive Overview.pdf
In combination
with other materials, CFRTP materials can be
integrated and positioned locally where needed
to achieve structural performance requirements.
The material is recyclable and can be incorporated
back into traditional thermoplastic products and
processes.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2024-08/Avient AUG 2024 Investor Presentation- w Non-GAAP.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements.
FX +4.6%
FX -1.5%
Total Avient +3.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
Q2 2024 SEGMENT PERFORMANCE
(COLOR, ADDITIVES & INKS)
$525
$542
$94
$108
19.9%
(in millions) (in millions)
10
17.9%
+200 bps
* Adjusted EBITDA Margin %
• Organic sales growth in all
regions led by Americas
• Raw material deflation combined
with cost reduction actions drove
EBITDA margin expansion
+ 3%
(+5% excluding FX)
+ 15%
(+17% excluding FX)
Q2 2024 SEGMENT PERFORMANCE
(SPECIALTY ENGINEERED MATERIALS)
$301
$308
$60
$64
20.6%
(in millions) (in millions)
11
19.8%
+80 bps
* Adjusted EBITDA Margin %
• Sales growth in consumer,
healthcare and building &
construction end markets offset
by weaker demand in
telecommunications
• EBITDA margin expansion
driven by positive end market
mix as well as raw material
deflation
+ 2%
(+4% excluding FX)
+ 7%
(+8% excluding FX)
2024 G U IDA N CE
FY 2024 GUIDANCE
Previous (May 7) Current
Adjusted EBITDA $510 to $535 million $515 to $540 million
Adjusted EPS $2.50 to $2.65 $2.55 to $2.70
Interest Expense $105 million $105 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures ~$140 million ~$140 million
13
Q3 2024: Adjusted EPS of $0.62
14
Highlights
• Provides performance updates on 2030
Sustainability Goals
• Reduced company’s Scope 1 & 2 GHG emissions
by 48% since 2019
• Highlights ESG performance ratings, certifications,
and awards, including recent upgrades by
Ecovadis to Gold and CDP to A-
• Reflects Great Place to Work® culture focused on
health, safety and employee engagement
2023 SUSTAINABILITY REPORT
14
Sustainability for a
Better Tomorrow
2023
SUSTAINABILITY REPORT
15
• Investor Day to be held December 4, 2024 in
New York, NY
• The focus will be to do a deep dive on the
Company’s strategy
• Further details to be communicated
2024 AVIENT INVESTOR DAY
AP P EN D IX
18
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
20
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 B ILL ION
34%
37%
21%
END MARKET REGION
21
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 B ILL ION
52%
35%
22
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
23
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.
A reconciliation of these measures to their most directly comparable GAAP measures is provided in the tables below.
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 33.6 $ 0.36 $ 22.1 $ 0.24
Special items, after-tax 21.8 0.24 19.6 0.21
Amortization expense, after-tax 14.8 0.16 16.2 0.18
Adjusted net income / EPS $ 70.2 $ 0.76 $ 57.9 $ 0.63
Three Months Ended
Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023
Net income from continuing operations – GAAP $ 33.8 $ 22.3
Income tax expense 11.2 10.4
Interest expense, net 26.6 29.4
Depreciation & amortization 44.9 47.6
EBITDA from continuing operations $ 116.5 $ 109.7
Special items, before tax 28.1 21.7
Interest expense included in special items (1.0) —
Depreciation & amortization included in special items (0.3) (0.1)
Adjusted EBITDA $ 143.3 $ 131.3
Adjusted EBITDA as a percent of sales 16.9 % 15.9 %
1
2024 2023
Sales:
Color, Additives and Inks $ 542.0 $ 524.5
Specialty Engineered Materials 308.1 300.8
Corporate (0.4) (0.9)
Sales $ 849.7 $ 824.4
Operating income:
Color, Additives and Inks $ 86.1 $ 68.0
Specialty Engineered Materials 42.8 39.7
Corporate (56.4) (45.4)
Operating income $ 72.5 $ 62.3
Depreciation & amortization:
Color, Additives and Inks $ 21.8 $ 25.7
Specialty Engineered Materials 20.8 19.9
Corporate 2.3 2.0
Depreciation & amortization $ 44.9 $ 47.6
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 107.9 $ 93.7
Specialty Engineered Materials 63.6 59.6
Corporate (54.1) (43.4)
Other expense, net (0.9) (0.2)
EBITDA from continuing operations 116.5 109.7
Special items, before tax 28.1 21.7
Interest expense included in special items (1.0) —
Depreciation & amortization included in special items (0.3) (0.1)
Adjusted EBITDA $ 143.3 $ 131.3
Adjusted EBITDA as a percent of sales:
Color, Additives and Inks 19.9 % 17.9 %
Specialty Engineered Materials 20.6 % 19.8 %
Year Ended
December 31, 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS
Net income from continuing operations attributable to Avient shareholders $ 75.8 $ 0.83
Special items, after-tax 79.3 0.86
Amortization expense, after-tax 61.5 0.67
Adjusted net income / EPS $ 216.6 $ 2.36
Adjusted Free Cash Flow Calculation December 31, 2023
Cash provided by operating activities $ 201.6
Capital expenditures (119.4)
Free cash flow 82.2
Taxes paid on gain on sale of business 104.1
Adjusted free cash flow $ 186.3
Year Ended
December 31, 2023
Sales:
Color, Additives and Inks $ 2,007.4
Specialty Engineered Materials 1,138.2
Corporate (2.8)
Sales $ 3,142.8
Operating income:
Color, Additives and Inks $ 259.9
Specialty Engineered Materials 142.5
Corporate (205.6)
Operating income $ 196.8
Depreciation & amortization:
Color, Additives and Inks $ 98.3
Specialty Engineered Materials 81.5
Corporate 9.0
Depreciation & amortization $ 188.8
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 358.2
Specialty Engineered Materials 224.0
Corporate (196.6)
Other income, net 5.8
EBITDA from continuing operations 391.4
Special items, before tax 114.6
Interest expense included in special items (2.3)
Depreciation & amortization included in special items (1.9)
Adjusted EBITDA $ 501.8
Adjusted EBITDA as a percent of sales 16.0 %
3
AVNT M8 Investor Presentation.pdf
Avient Disclaimer SLide.pdf
AVNT M8 Investor Presentation
IR Deck - AVNT-2024.06.30 (M8) (8.26.24 11AM Milestone August 26 1053 am).pdf
Attachment
https://www.avient.com/sites/default/files/2021-06/chemical-resistance-technical-bulletin.pdf
Avient has served the healthcare industry for decades with a full portfolio of innovative materials and services.
TEST METHOD
Fifteen bars of each material were placed into jigs at 1% and 2%
strain.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2023-06/EZR Gun Grip Case Study.pdf
Aftermarket gun grips made with
materials such as silicone, rubber, or tape can typically
leave residue on a shooter’s hand.
These materials
can also deteriorate with ultraviolet (UV) and chemical
exposure from sunlight and cleaning.
Each tote holds a low-impact, disposable bladder
containing five drums worth of material.