https://www.avient.com/sites/default/files/2020-10/investing-in-avient.pdf
Design times can be less than
three days for colorants.
There are significant revenue opportunities generated from the combined color and additive technology strengths of the two legacy companies.
PEER COMPARISONS
16
2 3 2 3 3 3
6
3 4
4 4 4 5
5 6 6
7
8
9
23
A
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n
t
A
vi
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t
(E
xc
l.
https://www.avient.com/sites/default/files/2023-08/OnColor Lux Colorants for Glow-In-The-Dark Effects Product Bulletin.pdf
PRODUCT BULLETIN
OnColor™ Lux Colorants
Glow-in-the-dark effect
Glow-in-the-dark plastics are mainly used for safety
reasons or aesthetics.
The portfolio includes color concentrates for
the typical yellowish green, blue, blue-green, aqua
and violet glow emissions.
Custom solutions can be
developed to match specific requirements and part
design, and can include other colors or functional
additives.
https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
W H AT W E D O : M AT E R I A L S C I E N C E
6
CUSTOM
FORMULATION
We sell solutions not commodities.
Design times can be less than
three days for colorants.
There are significant revenue opportunities generated from the combined color and additive technology strengths of the two legacy companies.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
Coincident with the transformational
acquisition of the Clariant Color business in 2020, we branded the collective enterprise
Avient—a new name for a new kind of materials company.
Guatemala City, Guatemala 66.
Alicante, Spain 6.
https://www.avient.com/news/plastics-and-rubber-thailand-2024-include-avients-showcase-specialty-and-sustainable-materials
Artisan™ Pre-Colored Thermoplastics: chemical and scratch-resistant formulations with special aesthetics such as high-gloss, matte, marble, speckle, and more, as an alternative to painted metal or plastic parts that can eliminate secondary painting process, leading to reduced energy consumption and VOC emissions
Bergamid™ FR Non-Halogen Flame Retardant Formulations: specially formulated for high-voltage connectors in a safety orange color, these materials combine the application flexibility of high-flow nylons for thin-wall designs with the performance of a non-halogenated fire retardant system, available in unfilled or reinforced PA6, PA66 and PA 6/66 grades with UL 94 V0 and CTI 800+ ratings
https://www.avient.com/sites/default/files/2021-09/avient2020sustainabilityreport-9-2-21.pdf
Yanbu, Saudi Arabia 6.
Elyria, Ohio 6.
Ahrensburg, Germany 66.
https://www.avient.com/resources/safety-data-sheets?page=6475
ASA OMNI WHITE UV
YELLOW 143C GFN 6/6
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=6178
ARCTIC WHITE PE
LM BLACK NYLON 6/6
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=7104
PP BRIGHT WHITE 000C
BLUE NYLON 6/6 2
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
&
Canada
EMEA
Asia
Latin America
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
40%
37%
18%
5%
6%
8%
24%
20%
10%
15%
9% 4% 4%
Defense
Healthcare
Packaging
Consumer
Building &
Construction
Industrial
Transportation
Energy Telecom
Geography
Segment
Industry
4
CRE AT ING A WORL D-CL AS S
S US TAINABL E ORGANIZ AT ION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
GUIDANCE
$800
$754
Guidance Actual
$128
$123
Guidance Actual
Sales Adjusted EBITDA
(in millions)
$0.56 $0.57
Guidance Actual
Adjusted EPS
(in millions)
13
• Demand impacted by destocking
and cautious customer sentiment
• Positive net price benefit:
o CAI - Pricing flat and raw
material deflation
o SEM - Pricing flat with
unfavorable mix related to
healthcare, more than offset
with raw material deflation
• Cost reductions driven by Clariant
synergies and reduced
administrative costs
Q3 EBITDA BRIDGE
($ millions)
CAI:
Price / Mix -)
Deflation 22)
SEM:
Price / Mix (6)
Deflation 13)
Net Price Benefit 29)
Cost Reductions 13)
Wage Inflation (8)
FX 1)
Q3 2023 Actual $ 123)
Adjusted
EBITDA
Q3 2022 Pro Forma $ 137)
Demand (49)
14
2 0 2 3 G U I D A N C E
Q4 2023 GUIDANCE VS.
Avient reflects 2023 adjusted EBITDA guidance of $500M and estimated run-rate CAPEX of $110M.
2023E (%)
27
78
89
83 80 78
74
86
79 76
67 66
55
50
(39)
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K
W
R
FU
L
P
P
G
A
V
Y
R
P
M
FM
C
C
E
E
C
L
A
S
H
H
X
L
H
U
N
E
M
N
S
C
L
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
MULTIPLE EXPANSION
Source: Peer data per Bloomberg as of December 29, 2023
Note: Avient reflects 2023 adjusted EBITDA guidance of $500M and closing share price of $41.57.