https://www.avient.com/products/fiber-line-engineered-fiber-solutions/high-performance-synthetic-fibers/nomex-meta-aramid
History Originally called HT-1, Nomex® was first developed in the 1960’s and made commercially available in 1967 by DuPont™.
https://www.avient.com/idea/composites-explained
Think of an egg that, once cooked, cannot return to its original state.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Earnings Presentation_For_Website_w_non-GAAP_5_6_1.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: • Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; • The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; • Disruptions or inefficiencies in our supply chain, logistics, or operations; • Changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change; • Fluctuations in raw material prices, quality and supply, and in energy prices and supply; • Demand for our products and services; • Production outages or material costs associated with scheduled or unscheduled maintenance programs; • Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; • Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; • Information systems failures and cyberattacks; • Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; • Our ability to achieve strategic objectives and successfully integrate acquisitions, including the implementation of a cloud-based enterprise resource planning system, S/4HANA;and • Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation, geopolitical conflicts and any recessionary conditions Use of Non-GAAP Measures This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures. Q1 2023 ( T O TA L C O M PA N Y ) $846 $829 Q1 23 Q1 24 $134 $143 Q1 23 Q1 24 17.3% Sales Adjusted EBITDA (in millions) $0.63 $0.76 Q1 23 Q1 24 Adjusted EPS (in millions) + 7% + 21% Sales Adjusted EBITDA Adjusted EPS 6 - 2% 15.8% +150 bps * * * Adjusted EBITDA Margin % Q1 2024 SEGMENT PERFORMANCE ( C O L O R S , A D D I T I V E S & I N K S ) $537 $515 Q1 23 Q1 24 $91 $97 Q1 23 Q1 24 18.8% Sales Adjusted EBITDA (in millions) (in millions) + 7% Sales Adjusted EBITDA 7 - 4% 17.0% +180 bps * * * Adjusted EBITDA Margin % • Year over year demand continues to improve for the segment but slowly due to continued weakness in Europe • Raw material deflation & cost reduction actions primary drivers of adjusted EBITDA growth and margin expansion of +180 bps vs Q1 2023 Q1 2024 SEGMENT PERFORMANCE ( S P E C I A LT Y E N G I N E E R E D M AT E R I A L S ) $310 $314 Q1 23 Q1 24 $64 $73 Q1 23 Q1 24 23.2% Sales Adjusted EBITDA (in millions) (in millions) + 14% Sales Adjusted EBITDA 8 + 1% 20.8% +240 bps * * * Adjusted EBITDA Margin % • Sales growth in defense end market offset by weaker demand in telecommunications end market • Raw material deflation and favorable mix impact from defense sales primary drivers of adjusted EBITDA growth and margin expansion of +240 bps vs Q1 2023 Q1 EBITDA BRIDGE ( T O TA L C O M PA N Y ) 9 $ millions CAI: Price / Mix (1) Deflation 16 SEM: Price / Mix 4 Deflation 7 Net Price Benefit 26 Wage/Other Inflation (9) FX (2) Q1 2024 $143 Adjusted EBITDA Q1 2023 $ 134 Demand (6) • Positive net price benefit: o Favorable raw material deflation in both segments • Wage and other inflation more than offset cost reductions/synergies 2 0 2 4 G U I D A N C E FY 2024 GUIDANCE Original Revised Adjusted EBITDA $505 to $535 million $510 to $535 million Adjusted EPS $2.40 to $2.65 $2.50 to $2.65 Interest Expense $105 to $110 million $105 million Adjusted Effective Tax Rate 23% to 25% 23% to 25% Capital Expenditures ~$140 million ~$140 million 11 Q2 2024: Adjusted EPS of $0.71 C E O “ T O P O F M I N D ” F O C U S A R E A S AREAS OF FOCUS 13 +7% Drive Profitable Organic Top-Line Growth with Margin Expansion Amplify Innovation Build Leadership & Talent Pipeline A P P E N D I X 16 Performance Additives 15% Pigments 13% TiO2 9% Dyestuffs 2% Polyethylene 10%Nylon 5% Polypropylene 4% Styrenic Block Copolymer 4% Other Raw Materials 38% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials RA W MATERIAL BASKET SEGMENT DATA U.S. & Canada 41% EMEA 36% Asia 18% Latin America 5% 2023 SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 19% Packaging 23%Industrial 16% Building and Construction 9% Telecommunications 4% Energy 5% Defense 7% END MARKET REVENUE $2,007M $358M $1,138M $224M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $502M$3,143M (1) Transportation 10% Healthcare 7% 18 (1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs 2 0 2 3 R E V E N U E | $ 2 . 0 B I L L I O N US & Canada 34% EMEA 37% Asia 21% Latin America 8% END MARKET REGION 19 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 9% Building & Construction 10% Telecommunications 1% Energy 2% COLOR, ADDITIVES & INKS 2 0 2 3 R E V E N U E | $ 1 . 1 B I L L I O N US & Canada 52% EMEA 35% Asia 13% 20 Packaging 5% Consumer 16% Healthcare 6%Industrial 16% Transportation 12% Telecommunications 9% Energy 10% Defense 18% Building & Construction 8% END MARKET REGION SPECIALTY ENGINEERED MATERIALS Packaging 32% Consumer 26% Healthcare 9% Industrial 13% Building & Construction 6% Telecommunications 2% Energy 2% Defense 1% Asia (18% of sales) Transportation 9% 2 0 2 3 AV I E N T R E G I O N A L S A L E S Packaging 25% Consumer 13% Healthcare 5% Industrial 18% Building & Construction 9% Energy 5% Defense 8% EMEA (36% of sales)Transportation 13% Packaging 13% Consumer 22% Healthcare 10% Industrial 16% Building & Construction 12% Energy 6% Defense 8% US & Canada (41% of sales) Transportation 9% Packaging 59% Consumer 22% Healthcare 2% Industrial 8% Building & Construction 4% LATAM (5% of sales) Transportation 5% Telecommunications 4% Telecommunications 4% 21 B Y E N D M A R K E T 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. Three Months Ended 31 de marzo de 2024 2023 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Net income from continuing operations attributable to Avient shareholders $ 49.4 $ 0.54 $ 20.8 $ 0.23 Special items, after-tax 5.5 0.06 22.3 0.24 Amortization expense, after-tax 14.9 0.16 15.1 0.16 Adjusted net income / EPS $ 69.8 $ 0.76 $ 58.2 $ 0.63 Three Months Ended March 31, Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023 Net income from continuing operations – GAAP $ 49.7 $ 21.3 Income tax expense 16.8 7.7 Interest expense, net 26.6 28.8 Depreciation and amortization 44.3 50.5 EBITDA from continuing operations 137.4 108.3 Special items, before tax 6.2 27.3 Depreciation and amortization included in special items (0.5) (1.8) Adjusted EBITDA $ 143.1 $ 133.8 Adjusted EBITDA as a percent of sales 17.3 % 15.8 % 1 Three Months Ended 31 de marzo de 2024 2023 Sales: Color, Additives and Inks $ 515.3 $ 537.0 Specialty Engineered Materials 314.4 309.7 Corporate (0.7) (1.0) Sales $ 829.0 $ 845.7 Operating income: Color, Additives and Inks $ 74.8 $ 65.6 Specialty Engineered Materials 53.4 43.1 Corporate (34.2) (51.6) Operating income $ 94.0 $ 57.1 Depreciation & amortization: Color, Additives and Inks $ 21.9 $ 25.8 Specialty Engineered Materials 19.6 21.2 Corporate 2.8 3.5 Depreciation & amortization $ 44.3 $ 50.5 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 96.7 $ 91.4 Specialty Engineered Materials 73.0 64.3 Corporate (31.4) (48.1) Other (expense) income, net (0.9) 0.7 EBITDA from continuing operations 137.4 108.3 Special items, before tax 6.2 27.3 Depreciation and amortization included in special items (0.5) (1.8) Adjusted EBITDA $ 143.1 $ 133.8 Adjusted EBITDA as a percent of sales: Color, Additives and Inks 18.8 % 17.0 % Specialty Engineered Materials 23.2 % 20.8 % 2 Year Ended 31 de diciembre de 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 and amortization included in special items (1.9) Adjusted EBITDA $ 501.8 3 AVNT Q1 2024 Earnings Presentation_For_Website_w_non-GAAP.pdf Avient corporation�first quarter 2024 results and 2024 financial guidance DISCLAIMER Slide Number 3 Regional demand trends-total company�Q1 Sales vs PY (Excluding FX) Slide Number 5 Slide Number 6 Slide Number 7 Slide Number 8 Slide Number 9 Slide Number 10 Slide Number 11 Slide Number 12 Slide Number 13 Slide Number 14 Slide Number 15 Slide Number 16 Slide Number 17 2023 segment, end market and Geography Color, Additives & Inks Specialty Engineered Materials Slide Number 21 IR Deck - AVNT-2024.03.31 5.06 11AM v2 (002).pdf Attachment
https://www.avient.com/investor-center/news/tough-enough-protect-power-grid-southern-states-llc-selects-glasarmor-panels-polyone
1http://www.ferc.gov/media/news-releases/2014/2014-4/11-20-14-E-4.asp#.Vuwyv3bmqUk To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/tough-enough-to-protect-the-power-grid-southern-states-llc-selects-glasarmor-panels-from-polyone-300287353.html
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
The values shown for the modified SARs represent the unvested portion of the following: 21,250 SARs originally granted on 17 de febrero de 2023 (row four), 18,050 SARs originally granted on February 14, 2022 (row five), and 21,650 SARs originally granted on 8 de febrero de 2021 (row six). The values shown for the modified RSUs represent the unvested portion of the following: 6,300 RSUs originally granted on 17 de febrero de 2023 (row eight), 5,150 RSUs originally granted on February 14, 2022 (row nine), and 5,400 RSUs originally granted on 8 de febrero de 2021 (row ten). Kunkle (3) 2/08/2021 — — — — — 5,792 240,773 2/14/2022 — — — — — 5,425 225,517 2/17/2023 — — — — — 6,470 268,958 2/15/2017 12,100 — — 34.10 2/15/2027 — — 2/14/2018 11,500 — — 41.89 2/14/2028 — — 2/11/2019 19,250 — — 31.54 2/11/2029 — — 2/10/2020 21,200 — — 31.48 2/10/2030 — — 2/08/2021 14,433 7,217 — 42.27 2/08/2031 — — 2/14/2022 — — 18,050 52.64 2/14/2032 — — 2/17/2023 — — 21,250 42.93 2/17/2033 — — R.M.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_USA.pdf
Our Code of Conduct 2023 Table of Contents A Message from the CEO 1 Our Vision and Strategy 2 Core and Personal Values 2 Our Code of Conduct Guidelines for Ethical Behavior 4 Personal Values 4 Resolving Questions and Reporting Non-Compliance Situations 6 Ethics Hotline 6 Non Retaliation 6 Code of Conduct Application 7 Violations of the Code 7 Respect for All Diversity and Inclusion 9 Discrimination or Harassment 9 Workplace Relationships 9 Substance Abuse 10 Physical Security and Workplace Violence 10 Honesty at Work Accurate Information, Data and Records 12 Accounting Integrity 12 Company Communications 14 Safeguarding and Use of Assets 14 Proprietary and Confidential Information, Ideas and Intellectual Property 14 Privacy, Personal Information and Data Protection 15 Internet and E-mail Use 15 Social Media and Social Networking 15 Computer Security, Software Licensing and Copyrights 16 Insider Information and Trading 16 Political Contributions/Activities and Charitable Contributions 17 Government Investigations and Inquiries 17 Integrity in Our Business Fair Dealing 19 Bribery and Kickbacks 19 Agents and Consultants 20 Competition 20 Gifts and Hospitality 20 Conflicts of Interest 21 Self-Dealing 22 International Trade 22 Corporate Social Responsibility Sustainability 24 Safety, Health and Environment 24 Product and Service Safety 25 Respecting Human Rights 25 A Shared Commitment 25 Resources and Contact Information 26 1 HOME | TOC A Message from the CEO Dear Avient Associates, As part of a growing, global company, we are faced with challenging situations and complex decision making. Depending on the laws of your country, these may include: • Race • Religion • Gender • Ethnic origin or ancestry • Age • Sexual orientation • Military or veteran status • Marital, familial or civil status • Disability • Pregnancy and maternity • Nationality 10 HOME | TOC Substance Abuse It is up to all of us to take steps to ensure we work in an environment free from all effects of alcohol as well as illegal drugs and other controlled substances. In addition, contributions to non-profit organizations that knowingly discriminate based on race, sex, sexual orientation, gender identity, age, color, religion, national origin, disability, genetic information, protected veteran’s status, or other legally protected classifications are prohibited.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
Shenzhen, China 14. Gazientep, Türkiye 14. Lehigh Valley, Pennsylvania 42.
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-design-guide-.pdf
Hoop stress can be determined using the following equations (figures 15–18).1 • V = Length of Boss (figure 14) = .400 • I = Interference Fit (figure 15) • W = Geometry Factor (figure 16) • H = Hoop Stress (figure 17) • E = Material Modulus • μ = Frictional force between materials • lEngage = length of engagement between the shaft and the hub Press Fit Example Problem Figure 14 is an example of a press fit problem. This adhesive is not very chemically resistant, and has lower strength properties . 14 Gravi-Tech CHAPTER 4 | MOLD DESIGN GUIDELINES COLD RUNNER LAYOUTS Herringbone (Fishbone) Runner This type of runner has an unbalanced fill, which can be artificially balanced by adjusting runner sizes . Ejector Pin Design Guidelines When designing ejector pins, the following guidelines should be used, which can be seen in figure 42.
https://www.avient.com/sites/default/files/2020-09/advanced-dispersions-color-selection-chart-1.pdf
PY 14 Semi-Transparent DIARYLIDE AAMX RS C.I. PY 42 Opaque DIARYLIDE AAOA GS C.I.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Laiwu, China 14. Knowsley, United Kingdom 14. Vonore, Tennessee 42.