https://www.avient.com/knowledge-base/case-study/bic-amplifies-sustainable-razor-design-recycled-content-material?rtype[]=1124
The company’s approach to product design is deeply rooted in the principles of the circular economy and BIC’s 4R philosophy: reducing the amount of raw materials, including as much recycled or alternative materials as possible, making more refillable products, and improving the recyclability of both products and packaging.
reSound™ REC post-industrial recycle (PIR) and post-consumer recycle (PCR) TPEs help brand owners create sustainable end-user products.
https://www.avient.com/knowledge-base/case-study/bic-amplifies-sustainable-razor-design-recycled-content-material?ind[]=21537
The company’s approach to product design is deeply rooted in the principles of the circular economy and BIC’s 4R philosophy: reducing the amount of raw materials, including as much recycled or alternative materials as possible, making more refillable products, and improving the recyclability of both products and packaging.
reSound™ REC post-industrial recycle (PIR) and post-consumer recycle (PCR) TPEs help brand owners create sustainable end-user products.
https://www.avient.com/knowledge-base/case-study/bic-amplifies-sustainable-razor-design-recycled-content-material?pname[]=17849
The company’s approach to product design is deeply rooted in the principles of the circular economy and BIC’s 4R philosophy: reducing the amount of raw materials, including as much recycled or alternative materials as possible, making more refillable products, and improving the recyclability of both products and packaging.
reSound™ REC post-industrial recycle (PIR) and post-consumer recycle (PCR) TPEs help brand owners create sustainable end-user products.
https://www.avient.com/knowledge-base/case-study/utilizing-ocean-plastic-more-circular-economy?sust[]=1137
PCR grades are formulated with different types of recycled content: ocean plastics; food packaging from a variety of sources (including content that received a No Objection Letter from the U.S.
https://www.avient.com/knowledge-base/case-study/utilizing-ocean-plastic-more-circular-economy?pname[]=17849
PCR grades are formulated with different types of recycled content: ocean plastics; food packaging from a variety of sources (including content that received a No Objection Letter from the U.S.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Q 2 2021 P E RFO R MA N CE
U P DAT E
$69
$122
$0.42
$0.87
Q2 2021 – ORGANIC PERFORMANCE
4
Sales Adjusted Operating Income
$870
$1,235
+ 42%
+ 77% + 107%
(1) (1) (1)
Q2 2021 SEGMENT PERFORMANCE
5
CAI
$488
$624
($ in millions)
SEM Distribution
$54
$86
+28%
+59%
$239
$404
$15
$24
+69%
+60%
$159
$241
$17
$37
+52%
+118%
SPECIALTY EBITDA MARGIN EXPANSION
6
CAI
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
15.3% 15.2%
16.2%
18.5%
2018 2019 2020 YTD 2021
14.8% 15.2%
17.6%
19.1%
2018 2019 2020 YTD 2021
SEM
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Masterbatch synergy realization
• Investments in composites and outdoor
high performance applications drive
growth and mix improvements
CAI EBITDA MARGIN EXPANSION
7
Legacy CAI
18.9% 18.9%
20.3%
2019 2020 YTD 2021
Legacy
11.9%
13.8%
16.8%
2019 2020 YTD 2021
• Synergy capture translating to the
bottom line
• Positive mix with growth in healthcare,
consumer and packaging end-markets
• World-class vitality index of 35%
represents sales from products
introduced in the last five years.
ColorWorks innovation centers are specially
designed to foster imagination and enable
creative exploration of innovative solutions
• Focus on customers’ sustainability initiatives
through recyclability and post-consumer
recycled materials for packaging applications
• Supports 8-12% long-term revenue growth
expectations across our sustainable solutions
portfolio
8
2020 Pro forma $870 $69
Sustainable Solutions 66 37% 26
Healthcare 29 20% 7
Composites 12 36% 6
Growth in Asia / LATAM 47 39% 11
Other 190 48% 22
Sub-total $1,214 40% $141
COVID Response Applications (15) (8)
FX Impact 36 4
Synergies 11
Incentives, Travel, Other Employee Costs (26)
2021 Actual $1,235 42% $122
Q2 2021 ORGANIC SALES AND OPERATING INCOME
9
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Sales Growth Rate
Operating
Income$ millions
10
Q2 2020PF Q2 2021
(2) Financial information is presented on a constant currency basis
(1,2)
(44% of total revenue)
(56% of total revenue)
Q2 END MARKET SALES PERFORMANCE
+26%
+38%
+46%
+103%
+51%
+9%
+7%
+67%
Energy Telecom Building &
Transportation Industrial Healthcare Packaging Consumer
Q2 YEAR-OVER-YEAR EBITDA BRIDGE
Q2 2020 Pro forma $ 106
Demand 69
11
EBITDA$ millions
• Demand impact driven by
growth in sustainable
solutions and consumer
products
• Price increases more than
offset raw material and
supply chain impacts
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
CAI:
Price / Mix 40
Inflation (32)
SEM:
Price / Mix 23
Inflation (18)
Distribution:
Price / Mix 81
Inflation (77)
Net Price Benefit 17
Supply Chain Disruptions (14)
COVID Response Applications (8)
Synergies 11
Incentives, Travel, FX, Other (22)
Q2 2021 Actual $ 159
Q1 2021 Actual $ 161
CAI:
Price / Mix 32
Inflation (22)
SEM:
Price / Mix 15
Inflation (9)
Distribution:
Price / Mix 50
Inflation (48)
Net Price Benefit 18
Supply Chain Disruptions (12)
Demand / Seasonality (6)
Other (2)
Q2 2021 Actual $ 15912
EBITDA$ millions
• Price increases more than
offset raw material and
freight inflation impacts
• Demand impact driven by
Q2 seasonality for the
business
Q1 TO Q2 SEQUENTIAL EBITDA BRIDGE
Q 3 AN D FU LL Y EA R
2021 O U TLO O K
$74
$98
$0.46
$0.68
ORGANIC GROWTH PROJECTIONS – Q3
14
Sales Adjusted Operating Income
$925
$1,150
+ 24%
+ 32% + 48%
FULL YEAR GUIDANCE INCREASED
15
Sales Adj.
Enable 100% of products manufactured for
packaging applications to be recyclable or
reusable.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
In alignment with our customers, we set a 2030 sustainability goal to enable 100% of our materials for the consumer
packaging market to be recyclable, reusable, or compostable.
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | IndexHOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 40Sustainability Report | 2023 40
https://www.avient.com/company/sustainability/sustainability-report/products/how-our-products-enable-sustainability
Service Innovation
Enables Quality Recycle
Post-Consumer Recycle (PCR) Color Predictive Tool
Innovation Award, Winner:
Product Technology Innovation, Winner:
Plastics Recycling Awards Europe 2023
Product
Innovation
Enables PCR Claims + Low CO2
reSound™ Ultra-Low Carbon Footprint TPE
Innovation Award, Finalist:
Rejoin™ 100% PCR Masterbatch
Sustainable Packaging Innovation Finalist:
U.S.
HIGHLIGHTS from 2023:
• Meet aggressive sustainability goals
• Develop strategies to minimize plastic waste
• Increase post consumer recycle (PCR) utilization
and PCR availability
• Meet legislation requirements
• Solutions enabling increased use of PCR content
• Specialty solutions incorporating recycle and
biobased content
• PCR Color Predictive Service, enabling increased
use of recycled content
• Avient Design Services to enable circular
solutions
RENEW
Packaging Consumer Transportation
35-60%
BIO-RENEWABLE CONTENT
reSound™ BIO
Thermoplastic Elastomers
35%
LOWER CARBON EMISSIONS
ColorMatrix™ SmartHeat™
RHC PCR Performance Additives
EXPANDS
PCR USAGE
Design for Recycling
CycleWorks™ Center for
Mechanical Recycling
60%
Nymax™ REC Recycled Nylon
Formulations
LEARN MORE
RECYCLE
CONTENT
ENABLES
100%
PCR UTILIZATION
Cesa™ Nox A4R
Additives for Enhanced
Recycling
BIOBASED FIBER
ENABLING
10-20%
LIGHTER WEIGHT
SOLUTIONS
Dyneema® SB301
Biobased UD Fiber
85%
PCR Color Prediction Service
Winner: Innovation Award, Plastics Industry Association & Product
Technology Innovation, Plastics Recycling Awards Europe 2023
OF CONSUMERS CHOOSE
BASED ON COLOR
35-40%
RECYCLED CONTENT
reSound™ REC PCR TPE for
Automotive Interiors
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 42Sustainability Report | 2023 42
https://www.avient.com/products/thermoplastic-elastomers/resound-bio-thermoplastic-elastomers
https://www.avient.com/products/polymer-additives/reheat-additives-pet/colormatrix-smartheat-rhc
https://www.avient.com/resource-center/services/cycleworks-innovation-center-plastic-recycling
https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/nymax-rec-recycled-nylon-formulations
https://www.avient.com/products/polymer-additives/antioxidant-additives
https://www.dyneema.com/latest-news/dyneema-unveils-breakthrough-innovation
https://www.avient.com/products/thermoplastic-elastomers/resound-rec-recycled-content-thermoplastic-elastomers
REDUCE
Avient’s portfolio of REDUCE solutions include design and materials solutions that enable customers to reduce weight, energy
consumption and emissions.
https://www.avient.com/sites/default/files/2024-03/Nymax _ Nymax REC Processing Guide.pdf
In addition, the Nymax™ REC series offers PA6 and PA66 grades with post-industrial recycled (PIR)
or post-consumer recycled (PCR) nylon to support a circular economy.
Injection Molding Parameters
Base Resin PA6 PA6 IM/ST PA6 GF PA6 GMF PA66 IM/ST PA66 GF
Barrel Temperatures °F (°C)
Rear Zone 450–490
(232–254)
440–490
(226–254)
490–510
(254–265)
480–500
(249–260)
Center Zone 460–500
(238–260)
450–500
(232–260)
500–520
(260–271)
490–510
(254–265)
520–540
(271–282)
Front Zone 470–510
460–510
(237–265)
500–520
(260–271)
Nozzle 480–520
(249–271)
470–510
515–530
(268–276)
530–560
(276–293)
540–560
(282–293)
Melt Temperature °F (°C) 480–520
(249–271)
470–510
515–530
(268–276)
540–560
(282–293)
Mold Temperature °F (°C) 120–180
(49–82)
120–180
(49–82)
120–200
(49–93)
120–200
(49–93)
140–220
(60–104)
140–220
(60–104)
Pack and Hold Pressure 50–80% of Injection Pressure
Injection Velocity 1.0–4.0 in/sec
Back Pressure 25–100 psi
Screw Speed 35–80 rpm
Drying Parameters 4 hours @ 180°F (82°C)
Moisture Allowable 0.1–0.2%
Cushion 0.250 in
Screw Compression Ratio 2.0:1–2.5:1
Nozzle Type Reverse Taper
Clamp Pressure 3–5 tons/in2
Processing Guide 3
Start Up & Shut Down Recommendations
Purge Compound Polypropylene
Recycling
Recycling prime grades up to 20% is permissible and recycling PIR or PCR
grades up to 10% is permissible.
https://www.avient.com/news/avient-feature-specialty-sustainable-technologies-k-2022
Post-Consumer Recycled (PCR) Color Prediction Service is a digital service using sophisticated technology to help illustrate the color possibilities or limitations of certain types of PCR for customers, including polyolefins and polyethylene terephthalate (PET) resins.
https://www.avient.com/products/long-fiber-technology/long-fiber-technologies/compl-t-rec-formulations
The Complēt™ REC portfolio consists of long fiber reinforced composites incorporating post-consumer recycled (PCR) nylon 6 resin, post-industrial recycled (PIR) nylon 66 resin, and PIR thermoplastic polyurethane (TPU) resin.
The PCR content is derived from end-of-life fishing nets that could otherwise contribute to ocean plastic.