https://www.avient.com/resources/safety-data-sheets?page=6909
313 TANGERINE PE UV V5
PE COLTS BLUE 654C UV
https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates/colorant-chromatics-pei-color-colorants
PES/PSU/PPSU Colorants: Colorant Chromatics™
https://www.avient.com/news/avient-unveils-high-temperature-vibrant-colorants-healthcare-mdm-west-2022
Additional iterations are in development for other high-performance resins, including polyethersulfone (PES) and polysulfone (PSU).
https://www.avient.com/news/avient-launches-additional-resound-bio-based-tpes-formulated-renewable-plant-derived-content
Eight of the new grades can be overmolded on polypropylene (PP) and the ninth grade bonds to both PP and polyethylene (PE).
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
Q 4 AN D FU LL Y EA R
2020 PE RF O RM AN CE
$0.30
$0.52
Q4 2020 ORGANIC PERFORMANCE
Sales
$922
$997
+8%
Operating
Income
EPS
$58
$80
+38%
+73%
• Record 4th quarter sales, adjusted
operating income and adjusted EPS
performance
• All segments delivered year-over-year
sales and operating income growth, led
by consumer and healthcare end markets
• Clariant Masterbatch integration synergy
capture ahead of schedule: $5 million
realized in 2020
($ in millions except EPS)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Q4 2020 SEGMENT PERFORMANCE
10
Sales Operating Income
$100 $100 $100
$922
$100 $100 $100
$997
Distribution CAI SEM Total
2019 2020
$178
$272
$490
$191
$305
$526
SEM Distribution CAI
+8%
+7%
+7%
+12%
$5 $5 $5
$58
$5 $5 $5
$80
Avient CAI SEM Total
$17 $19
$40
$18
$30
$58
Distribution SEM CAI
+38%
+45%
+58%
+6%
(3) (3)
(1) (2)
(1) Total company sales include intercompany sales eliminations
(2) Total company reflects adjusted operating income and includes corporate costs
(3) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
2020 HIGHLIGHTS
11
• Completed transformational Clariant Masterbatch acquisition and created new
brand name Avient
• Increased pro forma adjusted EPS 11% from $1.74 to $1.93 as an essential supplier
during the pandemic and due to growth in demand for consumer applications
• Specialty Engineered Materials delivered record operating income on gains from
composites
• Achieved record free cash flow, increased dividend for 10th year in a row and
delevered from 3.5x to 2.7x net debt to pro forma adjusted EBITDA
• Culture is everything: Certified as a Great Place to Work®
$133
$150
23%8%
21%
2006 2020PF
Avient Portfolio Transformation
22%
59%
CLARIANT MASTERBATCH:
TRANSFORMATIONAL ACQUISITION
12
Clariant MB EBITDA Growth
Purchase Price Multiple
10.8
9.6
6.5
2019PF 2020PF 2020PF w/ Full
Synergies
• Acquisition of Clariant Masterbatch
significantly expands presence in
healthcare, packaging and consumer end
markets
• Strength of portfolio – 13% EBITDA growth
as an essential supplier in COVID response
and recovery
• Acquisition completed on July 1, 2020 for
$1.4 billion.
https://www.avient.com/products/polymer-colorants/fluoropolymer-color-concentrates/colorant-chromatics-fep-colorants
PES/ PSU/ PPSU Colorants: Colorant Chromatics™
https://www.avient.com/news/polyone-launches-dual-protection-light-barrier-clear-packaging-chinaplas-2014
Available as a granular masterbatch for injection molding, thermoforming or extrusion, these new additives offer superior performance for most clear polymers, including polyethylene (PE), polypropylene (PP), polycarbonate (PC), polyethylene terephthalate (PET) and polystyrene (PS).
https://www.avient.com/news/avient-features-expanded-healthcare-polymer-solutions-medtec-china-2020
Colorant Chromatics white colorants for high temperature polymers such as PPSU, PES, PSU and PEI to enhance aesthetics and performance of medical devices
https://www.avient.com/news/advanced-innovation-made-possible-sustainable-fr-solutions-polyone
OnCap™ Nucleating Foaming Agent Additive: essential ingredient for manufacturing coaxial PE cables via gas injection foaming
https://www.avient.com/products/long-fiber-technology/long-fiber-technologies/compl-t-long-fiber-reinforced-structural-thermoplastics
Resin technologies utilized in these formulations include a breadth of options including a variety of polyamides, rigid thermoplastic polyurethanes and specialty resin solutions (such as PES, PEI, PEEK).
Complēt™ long carbon fiber reinforced PES composite reduced weight 40% and met FAA requirements for flammability and survivability
Complēt™ LCF PES formulation delivered lightweighting for an aerospace seat component through metal replacement (replacing aluminum)