https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-news-release.pdf
Three Months Ended September 30,
2021 2020
GAAP
Results
Special
Items
Adjusted
Results
GAAP
Results
Special
Items
Adjusted
Results
$ 61.1 $ 19.9 $ 81.0 $ 5.3 $ 50.0 $ 55.3
Income tax expense - GAAP (8.5) — (8.5) (2.7) — (2.7)
Income tax impact of special items (Attachment 3) — (4.6) (4.6) — (12.7) (12.7)
Tax adjustments (Attachment 3) — (3.6) (3.6) — 3.0 3.0
Income tax (expense) benefit $ (8.5) $ (8.2) $ (16.7) $ (2.7) $ (9.7) $ (12.4)
Effective Tax Rate(1) 14.1 % 20.8 % 51.9 % 22.7 %
(1) Rates may not recalculate from figures presented herein due to rounding
14
Nine Months Ended September 30,
2021 2020
GAAP
Results
Special
Items
Adjusted
Results
GAAP
Results
Special
Items
Adjusted
Results
$ 253.5 $ 36.5 $ 290.0 $ 81.6 $ 62.0 $ 143.6
Income tax expense - GAAP (51.8) — (51.8) (22.5) — (22.5)
Income tax impact of special items (Attachment 3) — (8.9) (8.9) — (15.4) (15.4)
Tax adjustments (Attachment 3) — (1.6) (1.6) — 4.9 4.9
Income tax (expense) benefit $ (51.8) $ (10.5) $ (62.3) $ (22.5) $ (10.5) $ (33.0)
Effective Tax Rate(1) 20.5 % 21.5 % 27.6 % 23.0 %
(1) Rates may not recalculate from figures presented herein due to rounding
The following pro forma adjustments are referenced by management to provide comparable business performance by
incorporating the Clariant Masterbatch business in periods prior to the acquisition date (July 1, 2020).
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
The PVC resin
contract contains a year-by-year evergreen renewal provision unless terminated by either party with a
one-year notice.
We believe these contracts should assure the availability of adequate amounts of
PVC resin and VCM.
We also believe that the pricing under these contracts provides PVC resins and
VCM to us at a competitive cost.
https://www.avient.com/investor-center/news/polyone-signs-agreement-divest-performance-products-and-solutions-business-segment
PP&S is a global provider of formulated PVC and polypropylene based solutions, as well as contract manufacturing services, primarily serving the
https://www.avient.com/products/thermoplastic-elastomers/versaflex-hc-thermoplastic-elastomers
Unlike PVC, these materials are made without phthalate plasticizers, offer high clarity in some cases, bond to a variety of substrates, and can be customized for color and hardness.
https://www.avient.com/industries/packaging/cosmetics-packaging/fragrance
OnCap™ Light Shield UV and Visible Light Barrier Masterbatches
https://www.avient.com/industries/packaging/cosmetics-packaging/applicators
OnCap™ Light Shield UV and Visible Light Barrier Masterbatches
https://www.avient.com/center-of-excellence/avient-europe-middle-east-and-africa
IQAP MASTERBATCH GROUP.
https://www.avient.com/investors/events-presentations?page=5
PolyOne Acquisition of Clariant Color Masterbatch – 12/19/2019
https://www.avient.com/investors/events-presentations?page=0
PolyOne Acquisition of Clariant Color Masterbatch – 12/19/2019
https://www.avient.com/investors/events-presentations?page=1
PolyOne Acquisition of Clariant Color Masterbatch – 12/19/2019