https://www.avient.com/sites/default/files/2020-08/colormatrix-flexcart-mini-liquid-metering-system-flyer-1.pdf
The FlexCart Mini system is designed as the metering system
for liquid colorants and additives within a reduced space.
PlanetPak containers are optimized and recommended
for Avient liquid colors and additives.
Avient can provide support and assistance on every aspect of
liquid color and additive processing.
https://www.avient.com/sites/default/files/2025-03/ColorMatrix Smartheat RHC Technical Bulletin.pdf
It
can be supplied as a stand-alone product or as a
combination product, where it can be incorporated
into a liquid color, acetaldehyde scavenger, or UV
light barrier additive.
EU FDA Mercosur
SmartHeat RHC Yes Yes Yes
PACKAGING
Package Type Quantity
5G Pail Up to 40 lbs
Planetpak Up to 40 lbs
Test Description Test Method Units Typical Values
Viscosity Avient Method cP 6,000–10,000
Density Avient Method Lbs/gal 7.9–8.9
Color Variance Avient Method ∆E 0.0–1.0
Color Appearance Visual — Slight Blue
Dispersion Pressout Visual — Pass
Opacity: Visual Visual — Pass
TYPICAL GENERAL PROPERTIES1
1Typical values are not to be construed as specifications.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
The Company acquired the Clariant Color business on July 1, 2020.
André Schuhmacher, Chief Quality Manager
“At L’Oréal, my job is to guarantee color consistency.
Avient’s PCR Color Prediction Service
helps me achieve this objective… The Redken launch would not have been possible
without this service.”
https://www.avient.com/sites/default/files/2025-05/AVNT Q1 2025 webcast slides_v17.pdf
All Rights Reserved
2025 7
Color, Additives & Inks – Q1 2025 performance
Sales
515
520
Q1 2024 Q1 2025
EXCL.
All Rights Reserved
2025
Color, Additives & Inks
E N D M A R K E T S R E G I O N S
34%
21%
15%
11%
9%
8%
Packaging
Telecom 1%Energy 1%
Transportation
Industrial
Consumer
34%
37%
20%
9%
US & Canada
Latin America
Asia
Europe, Middle East
and Africa
Healthcare
Building &
Construction
15Copyright © .
All Rights Reserved
2025 19
Reconciliation of
Non-GAAP financial
measures
Reconciliation to EBITDA and Adjusted EBITDA
Three months ended March 31,
2025 2024
$ Millions $ Millions
Sales Color, Additives and Inks 519.7 515.3
Specialty Engineered Materials 308.4 314.4
Corporate (1.5) (0.7)
Sales 826.6 829.0
Operating income Color, Additives and Inks 78.6 74.8
Specialty Engineered Materials 47.1 53.4
Corporate (125.0) (34.2)
Operating income 0.7 94.0
Depreciation and
amortization
Color, Additives and Inks 21.7 21.9
Specialty Engineered Materials 21.5 19.6
Corporate 2.1 2.8
Depreciation and amortization 45.3 44.3
EBITDA
Earnings before
interest, taxes,
depreciation and
amortization
Color, Additives and Inks 100.3 96.7
Specialty Engineered Materials 68.6 73.0
Corporate (122.9) (31.4)
Other expense, net (0.4) (0.9)
EBITDA 45.6 137.4
Special items, before tax 101.2 6.2
Interest expense included in special items (1.7) -
Depreciation and amortization included in special items (0.4) (0.5)
Adjusted EBITDA 144.7 143.1
Adjusted EBITDA as
a percent of sales
Color, Additives and Inks 19.3% 18.8%
Specialty Engineered Materials 22.2% 23.2%
PAGE 2 OF 3
Copyright © .
https://www.avient.com/sites/default/files/2022-04/Avient Q1 2022 Earnings Release.pdf
Three Months Ended
March 31,
2022 2021
Sales:
Color, Additives and Inks $ 649.5 $ 609.3
Specialty Engineered Materials 244.7 216.5
Distribution 432.9 362.7
Corporate and eliminations (33.3) (26.2)
Sales $ 1,293.8 $ 1,162.3
Gross margin:
Color, Additives and Inks $ 192.1 $ 197.5
Specialty Engineered Materials 69.8 64.7
Distribution 39.3 39.3
Corporate and eliminations (7.5) 0.9
Gross margin $ 293.7 $ 302.4
Selling and administrative expense:
Color, Additives and Inks $ 97.6 $ 108.7
Specialty Engineered Materials 30.1 30.5
Distribution 15.1 15.3
Corporate and eliminations 22.3 27.5
Selling and administrative expense $ 165.1 $ 182.0
Operating income:
Color, Additives and Inks $ 94.5 $ 88.8
Specialty Engineered Materials 39.7 34.2
Distribution 24.2 24.0
Corporate and eliminations (29.8) (26.6)
Operating income $ 128.6 $ 120.4
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 120.5 $ 116.2
Specialty Engineered Materials 47.5 42.0
Distribution 24.4 24.2
Corporate and eliminations (26.0) (24.9)
Other income, net (0.6) 1.5
EBITDA $ 165.8 $ 159.0
11
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current profitability
levels and how it may serve as a basis for future performance.
Three Months Ended March 31,
2022 2021
GAAP
Results
Special
Items
Adjusted
Results
GAAP
Results
Special
Items
Adjusted
Results
$111.1 $ 7.7 $ 118.8 $102.6 $ 2.4 $ 105.0
Income tax expense - GAAP (26.6) — (26.6) (22.9) — (22.9)
Income tax impact of special items (Attachment 3) — (2.0) (2.0) — (0.9) (0.9)
Tax adjustments (Attachment 3) — 1.5 1.5 — 1.1 1.1
Income tax (expense) benefit $ (26.6) $ (0.5) $ (27.1) $ (22.9) $ 0.2 $ (22.7)
Effective Tax Rate(1) 23.9 % 22.8 % 22.3 % 21.6 %
(1) Rates may not recalculate from figures presented herein due to rounding
12
Reconciliation of EBITDA by Segment Three Months Ended
March 31,
2022 2021
Operating income:
Color, Additives and Inks $ 94.5 $ 88.8
Specialty Engineered Materials 39.7 34.2
Distribution 24.2 24.0
Corporate and eliminations (29.8) (26.6)
Operating income $ 128.6 $ 120.4
Items below OI in Corporate:
Other income, net $ (0.6) $ 1.5
Depreciation & amortization:
Color, Additives and Inks $ 26.0 $ 27.4
Specialty Engineered Materials 7.8 7.8
Distribution 0.2 0.2
Corporate and eliminations 3.8 1.7
Depreciation & Amortization $ 37.8 $ 37.1
EBITDA:
Color, Additives and Inks $ 120.5 $ 116.2
Specialty Engineered Materials 47.5 42.0
Distribution 24.4 24.2
Corporate and eliminations (26.0) (24.9)
Other income, net (0.6) 1.5
EBITDA $ 165.8 $ 159.0
EBITDA as a % of Sales:
Color, Additives and Inks 18.6 % 19.1 %
Specialty Engineered Materials 19.4 % 19.4 %
Distribution 5.6 % 6.7 %
Three Months Ended
March 31,
Reconciliation to EBITDA and Adjusted EBITDA: 2022 2021
Net income from continuing operations – GAAP $ 84.5 $ 79.7
Income tax expense 26.6 22.9
Interest expense 16.9 19.3
Depreciation and amortization 37.8 37.1
EBITDA $ 165.8 $ 159.0
Special items, before tax 7.7 2.4
Depreciation and amortization included in special items (2.1) (0.5)
Adjusted EBITDA $ 171.4 $ 160.9
NEWS RELEASE
Attachment 1
https://www.avient.com/sites/default/files/2025-03/Q4 2024 Avient Webcast Slides w Non-GAAP.pdf
EPS $0.49 (3.9%) (1.9%) (5.8%)
Copyright © .
2025 10
Color, Additives & Inks - Q4 2024 performance
459
468
84
82
EXCL.
Color, Additives & Inks
END MARKETS REGIONS
34%
21%
15%
11%
8%
Packaging
Telecom 1%Energy 1%
34%
US & Canada
Latin America
Europe, Middle East
Construction
21Copyright © .
Three Months Ended December 31,
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 48.3 $ 0.52 $ 27.8 $ 0.30
Special items, after-tax (18.0) (0.20) 5.4 0.06
Amortization expense, after-tax 14.8 0.17 15.0 0.16
Adjusted net income / EPS $ 45.1 $ 0.49 $ 48.2 $ 0.52
Year Ended December 31,
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1) $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 169.5 $ 1.84 $ 75.8 $ 0.83
Special items, after-tax 15.9 0.17 79.3 0.86
Amortization expense, after-tax 59.5 0.65 61.5 0.67
Adjusted net income / EPS $ 244.9 $ 2.66 $ 216.6 $ 2.36
Three Months Ended
Year Ended
Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023 2024 2023
Net income from continuing operations – GAAP $ 48.5 $ 27.6 $ 170.7 $ 76.3
Income tax expense (benefit) 14.8 (7.0) 54.1 11.0
Interest expense 25.5 26.8 105.6 115.3
Depreciation and amortization from continuing operations 45.4 44.2 179.7 188.8
EBITDA from continuing operations $ 134.2 $ 91.6 $ 510.1 $ 391.4
Special items, before tax (23.9) 22.4 20.1 114.6
Interest expense included in special items — (0.1) (2.3) (2.3)
Depreciation and amortization included in special items (0.3) — (1.5) (1.9)
Adjusted EBITDA $ 110.0 $ 113.9 $ 526.4 $ 501.8
Adjusted EBITDA as a percent of sales 14.7 % 15.8 % 16.2 % 16.0 %
1
Three Months Ended
Year Ended
2024 2023 2024 2023
Sales:
Color, Additives and Inks $ 467.7 $ 459.4 $ 2,046.5 $ 2,007.4
Specialty Engineered Materials 279.7 259.8 1,196.8 1,138.2
Corporate (0.9) (0.2) (2.9) (2.8)
Sales $ 746.5 $ 719.0 $ 3,240.4 $ 3,142.8
Gross margin:
Color, Additives and Inks $ 152.6 $ 148.3 $ 681.1 $ 631.2
Specialty Engineered Materials 84.2 78.1 374.9 341.8
Corporate 22.7 (17.5) 0.7 (80.5)
Gross margin $ 259.5 $ 208.9 $ 1,056.7 $ 892.5
Selling and administrative expense:
Color, Additives and Inks $ 92.8 $ 86.5 $ 384.9 $ 371.3
Specialty Engineered Materials 49.6 48.7 207.7 199.3
Corporate 31.5 30.6 134.8 125.1
Selling and administrative expense $ 173.9 $ 165.8 $ 727.4 $ 695.7
Operating income:
Color, Additives and Inks $ 59.8 $ 61.8 $ 296.2 $ 259.9
Specialty Engineered Materials 34.6 29.4 167.2 142.5
Corporate (8.8) (48.1) (134.1) (205.6)
Operating income $ 85.6 $ 43.1 $ 329.3 $ 196.8
Depreciation and amortization:
Color, Additives and Inks $ 21.9 $ 22.2 $ 87.5 $ 98.3
Specialty Engineered Materials 21.0 19.8 82.1 81.5
Corporate 2.5 2.2 10.1 9.0
Depreciation and amortization $ 45.4 $ 44.2 $ 179.7 $ 188.8
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 81.7 $ 84.0 $ 383.7 $ 358.2
Specialty Engineered Materials 55.6 49.2 249.3 224.0
Corporate (6.3) (45.9) (124.0) (196.6)
Other income, net 3.2 4.3 1.1 5.8
EBITDA from continuing operations $ 134.2 $ 91.6 $ 510.1 $ 391.4
Special items, before tax (23.9) 22.4 20.1 114.6
Interest expense included in special items — (0.1) (2.3) (2.3)
Depreciation and amortization included in special items (0.3) — (1.5) (1.9)
Adjusted EBITDA $ 110.0 $ 113.9 $ 526.4 $ 501.8
2
Year Ended December 31,
Adjusted Free Cash Flow Calculation 2024 2023
Cash provided by operating activities $ 256.8 $ 201.6
Taxes paid on gain on sale of business — 104.1
One-time payout associated with deferred compensation plans 20.8 —
Adjusted cash provided by operating activities $ 277.6 $ 305.7
Capital expenditures (121.9) (119.4)
Adjusted free cash flow $ 155.7 $ 186.3
Three Months Ended March 31, 2024
Reconciliation to Condensed Consolidated Statements of Income $ EPS(1)
Net income from continuing operations attributable to Avient shareholders $ 49.4 $ 0.54
Special items, after-tax 5.5 0.06
Amortization expense, after-tax 14.9 0.16
Adjusted net income / EPS $ 69.8 $ 0.76
3
AVNT Q4 2024 webcast slides_w_non-GAAP.pdf
AVNT Q4 2024 webcast slides_v16.pdf
Webcast slides w EPS fix.pdf
AVNT Q4 2024 webcast slides_w_non-GAAP
IR Deck - AVNT-2024.12.31 2.06.25 12PM.pdf
Attachment
https://www.avient.com/sites/default/files/2020-10/tpe-overmold-design-guide.pdf
Coloring
When overmolding TPEs, care should be taken when considering color concentrates.
Coloring
When overmolding TPEs, care should be taken when considering color concentrates.
Problem: Non-uniform color
Poor dispersion
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Globalization.pdf
Capital projects heavily focused on enabling
international growth
�Greenfield Color facility in India�Greenfield Color facility in India
�New TPE line in Brazil
�Joint venture with E.A.
https://www.avient.com/sites/default/files/2020-10/photovoltaic-floating-power-station-case-study.pdf
FLOATING SOLAR POWER STATIONS GET WEATHERING
PROTECTION FROM ANTI-UV COLOR CONCENTRATE
To learn more, contact Avient
at +86-21-28981188.
This manufacturer is using Avient’s Smartbatch™
Concentrates, an integrated colorant and anti-UV
solution.
https://www.avient.com/sites/default/files/resources/POL%2520CFA%2520IR%2520Presentation%2520w%2520non%2520GAAP%252011%252019%25202013.pdf
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* YTD 2013
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 48.2
Global Color, Additives and Inks 4.3 28.1 37.7 83.4
Designed Structures and Solutions - - - 21.4
Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 153.0
Performance Products and Solutions 75.7 31.3 54.0 41.8
Distribution 19.5 28.1 42.0 49.7
SunBelt Joint venture 91.9 28.6 18.9 -
Corporate (51.5) (425.1) (27.7) (61.7)
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 182.8
Less: Corporate operating expense 51.5 425.1 27.7 61.7
Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 244.5
Specialty platform operating mix percentage 2% 34% 43% 63%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
Platform sales and operating income (OI) 2006Y*
YTD 2013
Organic’ Acquisitions**
YTD 2013’
Consolidated
Global Specialty Engineered Materials Sales $ 345.3 $ 427.2 $ 113.6 $ 540.8
Global Color, Additives and Inks Sales 531.8 608.0 45.7 653.7
Designed Structures and Solutions Sales - - 428.2 428.2
Specialty Platform Sales $ 877.1 $ 1,035.2 $ 587.5 1,622.7
Performance Products and Solutions Sales 1,166.2 473.6 39.2 512.8
PolyOne Distribution Sales 732.8 818.1 - 818.1
Corporate and eliminations (153.7) (106.0) - (106.0)
Total Sales $ 2,622.4 $ 2,220.9 $ 626.7 $ 2,847.6
Global Specialty Engineered Materials OI $ 3.9 $ 46.1 $ 2.1 $ 48.2
Global Color, Additives and Inks OI 8.9 78.0 5.4 83.4
Designed Structures & Solutions OI - - 21.4 21.4
Specialty Platform OI $ 12.8 $ 124.1 $ 28.9 $ 153.0
Performance Products and Solutions OI 64.2 38.1 3.7 41.8
PolyOne Distribution OI 19.2 49.7 - 49.7
Sunbelt Joint Venture OI 102.9 - - -
Corporate and eliminations (4.6) (39.5) - (39.5)
Special items in OI 39.1 (22.2) - (22.2)
Operating income GAAP $ 233.6 $ 150.2 $ 32.6 $ 182.8
Sunbelt equity income (107.0) - - -
Special items in OI (39.1) 22.2 - 22.2
Operating income adjusted $ 87.5 $ 172.4 $ 32.6 $ 205.0
Global Specialty Engineered Materials - OI % of sales 1.1% 10.8% 1.8% 8.9%
Global Color, Additives and Inks - OI % of sales 1.7% 12.8% 11.8% 12.8%
Designed Structures & Solutions - OI % of sales - - 5.0% 5.0%
Specialty platform OI - % of sales 1.5% 12.0% 5.0% 9.4%
PP&S operating OI - % of sales 5.5% 8.0% 9.4% 8.2%
Distribution OI - % of sales 2.6% 6.1% - 6.1%
PolyOne OI adjusted - % of sales 3.3% 7.8% 5.2% 7.2%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
** Spartech and Glasforms results for the nine months ended September 30, 2013.
Three Months Ended
‘’’’’September 30,
Platform operating income “””””””2013 2012 (a)
Global Specialty Engineered Materials $ 15.7 $ 13.1
Global Color, Additives and Inks 28.7 18.6
Designed Structures and Solutions 10.9 –
Specialty Platform 55.3 31.7
Performance Products and Solutions 14.3 12.3
PolyOne Distribution 16.6 16.4
Corporate and eliminations (24.6) (16.9)
Operating income $ 61.6 $ 43.5
(a) Adjusted to reflect the resins business as a discontinued operation.