https://www.avient.com/sites/default/files/2020-09/industrial-springs-application-bulletin2020.pdf
Traditional steel coil and elastomeric springs
have a few shortcomings.
Heavy steel springs
can corrode and lose performance after multiple
fatigue cycles.
Make the switch to Avient’s thermoset composite
springs, engineered with our proprietary resin/
fiber reinforcement technologies, to achieve long
lasting, consistent performance in a variety of
vibratory conveyor applications:
• High strength-to-weight ratio—less than half
the weight of steel
• Long-term corrosion resistance
• Exceptional fatigue resistance to withstand
billions of cycles
• Deep deflection
• Excellent interlaminar shear strength
• Creep resistance
• Minimal work hardening
• Static electricity control
• Anti-microbial finishes for sanitary
environments
With extensive experience in composite spring
technology, a wide range of rectangular sizes,
and rapid, customized product development
capabilities, we can help you optimize your
industrial equipment for reliable, repeatable,
efficient performance.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Operating Income
$3,783
$4,300
2020PF 2021E
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Previous
Guidance
Current
Guidance
$3,783
$4,650
2020PF 2021E
$308
$410
2020PF 2021E
$308
$430
2020PF 2021E
$1.93
$2.80
2020PF 2021E
$1.93
$3.00
2020PF 2021E
(1) (1)(1)
(1)(1) (1)
(in millions) (in millions)
$442
$457
$580
2019PF 2020PF 2021E
$1.74
$1.93
$3.00
2019PF 2020PF 2021E
FULL YEAR 2019 – 2021 ORGANIC GROWTH
( T O TA L C O M PA N Y )
16
Sales Adjusted EBITDA
$3,981
$3,783
$4,650
2019PF 2020PF 2021E
+ 17%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1) (1)
(in millions) (in millions)
(1)(1)
+ 31% + 72%
(1) (1)
($ in millions)
2021E Adjusted EBITDA 580$
Free Cash Flow 280$
Total Debt 1,860
Less: Cash (755)
Net Debt 1,105$
2021E Net Debt / Adjusted EBITDA 1.9x
17
BA L A N C E S H E E T
• Acquisition of Magna Colours completed on
July 1 – expands sustainable solutions
portfolio through water-based inks technology
• Deleveraging to 1.9x net debt to adjusted
EBITDA by the end of 2021
• Driven by record adjusted EBITDA
performance and strong free cash flow
generation from asset light business
• Future cash deployment: M&A, opportunistic
share repurchases and balance sheet /
continued leverage reduction
3.5x
2.7x
1.9x
2019PF 2020PF 2021E
Net Debt / Adjusted EBITDA
(1) (1)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
S U S TA I NA B I L I T Y F O R A B ET T E R TO M O R ROW
18
• Revenue from sustainable solutions expected to
grow 14% in 2021 as our innovation efforts and
collaboration with customers continues to accelerate
• Investments centered around innovation and global
sustainability megatrends
o Enabling a circular economy – Technologies that
allow for increased use of post-consumer recycled
(PCR) material and improve recyclability of plastics
o Light-weighting – Composites and CAI applications
to reduce weight and material requirements, which
minimize energy and carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative materials
to replace lead, PVC, halogens, BPA and other less
eco-friendly options
18
2016 2017 2018 2019 2020PF**
Bio-polymers Reduced Energy Use Human Health & Safety
Sustainable Infrastructure VOC Reduction Recycle Solutions
Eco-Conscious Lightweighting
Revenue From Sustainable Solutions* 2016-2020
$405M
$455M
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Masterbatch business
$340M
$550M
$790M
18
19
Key Updates
• Includes Clariant Masterbatch performance
• Increases disclosures and ESG data
• Provides performance updates on 2030 Sustainability Goals
• Commits to operational carbon neutrality in 2050 and 100%
renewable energy by 2050 (RE 100)
• Announces Avient’s participation in U.N.
D
is
t.
)
K
W
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P
P
G
A
V
Y
F
U
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P
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F
M
C
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U
N
IF
F
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C
L
A
S
H
K
R
A
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M
N
C
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S
C
L
A
L
B
Median: 5%Median: 3%
Source: Peer data per Bloomberg market data as of July 28, 2021
Avient reflects 2021 estimated revenue of $4,650M and excludes one-time synergy capture CAPEX ($20M)
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
Free Cash Flow Conversion (1)
2021E (%)
Being asset light helps us to generate
strong free cash flow that is in line
with specialty formulators.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
Median: 81% Median: 78%
H I G H F R E E C A S H F L OW
C O N V E R S I O N
Avient reflects 2021 estimated EBITDA of $580M and excludes one-time synergy capture CAPEX ($20M)
Source: Peer data per Bloomberg market data as of July 28, 2021
87
90
86
82
80 78
73
87
82 82
79 79 78 78 77 76
71
67
46
A
vi
e
n
t
K
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A
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Y
F
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U
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IF
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B
(6)
Source: Peer data per Bloomberg market data as of July 28, 2021
Total Enterprise Value / 2021E EBITDA
Our current valuation with updated
guidance implies an EBITDA multiple
that is below specialty formulator
peers and the median of other
selected chemical / specialty
companies.
https://www.avient.com/sites/default/files/2025-02/Hexagon and digimat case study.pdf
Digimat for long fibre reinforced
materials
Advanced simulation captures part performance
for fibre reinforced thermoplastics
Comparing the results of isotropic material data to anisotropic
material data
Case study
https://hexagon.com/
Figure 2: Digimat material model workflow when coupled with an FEA solver
Manufacturing Intelligence hexagonmi.com2
Solution
Avient leveraged Digimat to reverse-engineer material
data based on the microstructure, tensile test data,
and micro-mechanical modelling.
Avient and Hexagon used Digimat to develop anisotropic
long fibre material data for a molded connector rod.
We are putting data to work
to boost efficiency, productivity, quality and safety across industrial,
manufacturing, infrastructure, public sector, and mobility applications.
https://www.avient.com/resource-center?document_type=0&industry=0&product_family=1688&product_subfamily=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=1
Technical Data Sheets
Safety Data Sheets
Safety Data Sheets
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Poland.pdf
Buyer acknowledges that
information in Seller’s marketing materials, technical
data sheets and other descriptive publications distributed
or published on its websites may vary from time to time
without notice.
Seller warrants that
goods subject to the sale (“Product”) are owned
exclusively by Seller and are free from any encumbrances
or rights of third persons and that the Product conforms at
the time of shipment to a Certificate of Analysis, a
Certificate of Compliance, or a Product Specification
Sheet, if any such document exists, and other
specifications signed by Seller (“Specifications”).
Buyer acknowledges that Seller
has furnished to Buyer Safety Data Sheets, which include
warnings together with safety and health information
15.
https://www.avient.com/sites/default/files/2025-03/2025 Proxy Statement.pdf
Safety and Health
A top priority at Avient is the safety and health of our employees, and our ultimate goal is to operate injury free.
CRH plc
Former Directorships:
• Eaton plc
• Southern Steel Bhd
• Centurion Industries, Ltd
Employee safety was measured through the percentage of
employees who participated in two safety activities during the year.
https://www.avient.com/sites/default/files/2023-06/Gordon Composites Diving Board Spring Case Study Snapshot.pdf
DIVING BOARD SPRING
D I V I N G B O A R D S P R I N G
P O O L D E C K E Q U I P M E N T
M A N U FA C T U R E R
• Non-corrosive alternative to steel springs to prevent rust,
degradation and staining of pool decks
• Flexible and durable to prolong product life
• Provided a corrosion-proof composite
material to prevent rust stains on pool decks
• Delivered a custom-shaped compression
molded spring capable of deep deflection
and high fatigue resistance for extended
product life
• Reduced weight by 75% compared to steel,
resulting in lower shipping and installation
costs
Gordon Composites™ Molded Unidirectional
Thermoset Barstock
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/resource-center?document_type=59&document_subtype=127&industry=0&product_family=1688&product_subfamily=0&product_name=0&op=FILTER RESULTS&form_build_id=form-eABbCwp28m0LYQS3A8tRxIzSVnbqlh1x6IrU-oy_f-k&form_id=resource_filter_form
Technical Data Sheets
Safety Data Sheets
Safety Data Sheets
https://www.avient.com/resource-center?document_type=59&page=27
Technical Data Sheets
Safety Data Sheets
Safety Data Sheets
https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=27
Technical Data Sheets
Safety Data Sheets
Safety Data Sheets