https://www.avient.com/sites/default/files/resources/Universal_Polyamide_Overmold_Thermoplastic_Elastomer.pdf
INSERT MOLDING
Insert molding data is reported in Table 3 and Figures 4 through 9.
Aging B: nylon substrate conditioned (1) at room condition for 4 weeks, (2) immersion in water
for 24 hours and (3) dry 12 hour at room condition before TPE overmolding.
Aging C: nylon substrate conditioned (1) at room condition for 4 weeks, (2) immersion in water
for 24 hours and (3) dry with tissue paper immediately before TPE overmolding.
https://www.avient.com/resources/safety-data-sheets?page=2623
X NN-000/15T Black 1A
X ET-16351-01-1
X ET-16351-01-4
https://www.avient.com/resources/safety-data-sheets?page=3901
BRONZE TP PET 4 "DRIED"
X HC 118095#SR-06233-1 Cool Grey 2C-5C
X HC 6852-01-8 transmissive gray
https://www.avient.com/resources/safety-data-sheets?page=5910
RASPBERRY SORBET 4 18-2043
BLACK TINT 1% V2
X ET 310032#SR-32559 White
https://www.avient.com/sites/default/files/2023-12/Polystrand Thermoplastic Composite Panel Application _ Install Guide.pdf
Example: Deflection for 24 inch panel = Chart value *[12 / 24]
Performance Comparison
Hammerhead Panels and Marine Plywood
INSTALLATION INSTRUCTIONS
∠Θ°
CUTTING & DRILLING
Recommended blade: Industrial fine cut-off saw blade, 10" x 80 teeth 38° ATB grind with 5/8" bore,
PTFE coating
Recommended router bits: 3/8" diameter, 4 flute TiAlN (titanium aluminum nitride) coated carbide bit
PANEL SHAPING
• Determine bend angle
• Cut relief
• Heat core to softening point
• Bend, hold, and cool
• Glue joint for added strength
FINISHING
Gel coat finish is possible with minimal surface preparation.
TAB TESTING OF VARIOUS INSTALLATION METHODS
BREAK
PETG Skins with
1 in/25 mm
1.5 in/38 mm
2 in/51 mm
2400 lbs/1089 kg
2820 lbs/1279 kg
2748 lbs/1246 kg
Hammerhead with
5 lb/ft3 (80 kg/m3)
665 lbs
302 kg
Hammerhead with
7 lb/ft3 (115 kg/m3)
881 lbs
400 kg
Hammerhead with
1084 lbs
492 kg
770 lbs
349 kg
Glass/Epoxy with
1055 lbs
479 kg
Glass/Polyester
with Balsa Core
919 lbs
417 kg
L-Bracket Installation
BREAK
PETG Skins with
2375 lbs
1077 kg
770 lbs
349 kg
Glass/Polyester with
Balsa Core
797 lbs
362 kg
U-Channel Installation
ITW Plexus MA420
adhesive was used in all
tab testing installations
except where noted.
Reference to them does not indicate any affiliation with or endorsement by them.
1 surface sanded with 220 grit scuff prep 2 surface primed with 459T
For more information on installation, adhesives, and fasteners
for specific applications, please contact Avient.
https://www.avient.com/sites/default/files/2021-12/avient-sarl-hungary-branch-register-extract-2021-12-07.pdf
Date of the deed of foundation
8/1. 31 July 2018
8/2. 4 December 2019
Date of change: 2019/12/04
Effective: 2019/12/04 ...
8/3. 24 November 2021
902.
Start of legal relationship: 2018/07/04
3/4.
Start of legal relationship: 2019/02/27
Date of change: 2019/02/27
Effective: 2019/02/27 ...
3/4
3/5.
https://www.avient.com/resources/safety-data-sheets?page=5572
AZUL OPACO PANTONE Q310-1-3 EN PS
GRIS TRANS PANTONE T225-3-3 EN PS
TITAN SCHWARZ PPU 4
https://www.avient.com/sites/default/files/2025-05/AVNT May Investor Presentation_w_non-GAAP_0.pdf
Solutions from across
3.
Playbook in current environment
1.
Executing flawlessly and continue advancing our strategy while
prioritizing investments and resources for our growth vectors
1.
2.
3.
4.
5.
6.
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
Morgan
• New Senior Secured Term Loan B and new Senior
Unsecured Notes
• Potential proceeds from sale of Distribution business
modeled to pay off 5.25% senior notes due 2023 and
Term Loan
• Acquisition aligned with Avient’s track record of
disciplined capital allocation policy
• Existing dividend policy maintained, focus on
deleveraging in the near term
(1) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution,
including repayment of senior notes due 2023 and Term Loan
Cash and Cash Equivalents 595$
Senior Secured Term Loan due 2026 605$
New Senior Secured Term Loan B 500
Total Senior Secured Debt 1,105$
Senior Unsecured Notes due 2025 650$
New Senior Unsecured Notes 740
Total Senior Unsecured Debt 1,390$
Total Debt 2,495$
Net Debt 1,900$
2022 Pro forma Adjusted EBITDA 660$
Net Debt / Adjusted EBITDA 2.9x
Pro Forma Capitalization
(2022 estimates, all figures in $M)
TWO-YEAR LEVERAGE GOAL
24
3.5x
2.7x
1.7x
2.9x
2.5x
2.2x
2019PF 2020PF 2022E 2022PF 2023E 2024E
Dyneema® AcquisitionClariant Color Acquisition
(1) Pro forma for the acquisition of the Clariant Color business
(2) Pro forma for the acquisition of Dyneema® and potential divestiture of
Distribution, including repayment of senior notes due 2023 and Term Loan
(1) (1) (2)
25
PRO FORMA MODELING
2022E Pro Forma Pro Forma
($M) w/ Dyneema w/Sale
Revenue 5,100$ 415$ 5,515$ (1,775)$ 3,740$
Adjusted EBITDA 635 130 765 (105) 660
EBITDA % 12% 31% 14% 6% 18%
Pro Forma EPS (Adjusted) 3.50$ 0.00$ 3.50$ (0.56)$ 2.94$
Pro Forma EPS (excl. amortization) 3.96$ 0.35$ 4.31$ (0.56)$ 3.75$
Leverage (12/31/2022E)
Net Debt / Adjusted EBITDA 1.7x 3.5x 2.9x
Avient Dyneema Distribution®
®
OUR SPECIALTY JOURNEY
ACQUISITION HISTORY
27
Commercial
Resources(1)
Operating Margins
259
360
$40
$122
9%
21%
Established Acquisitions
(> 7 years)
+ 39% + 210% + 1200 bps
(1) Commercial Resources include associate headcount in R&D / Technical, Marketing and Sales
CLARIANT COLOR ACQUISITION
28
$133
$205
2019PF 2021
28
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.1x
2019PF 2021 2021 w/ Full
Synergies
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $54 million of synergies realized in 2021
• Acquisition completed on July 1, 2020 for $1.45 billion.
Purchase price multiple rapidly declining on strength of
business and synergy capture
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
11.9%
16.2%
2019PF 2021
EBITDA Margins
SPECIALTY TRANSFORMATION
7%
46%
66%
86%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2021 2022 PF
%
o
f A
dj
us
te
d
EB
IT
D
A(1
)
JVs Distribution Performance Products & Solutions Specialty
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution
(2)
29
12%
18%
16% 15% 15% 14% 14%
28% 28%
26%
25%
22% 21% 19%
16%
12%
9% 9%
Av
ie
nt
T
od
ay
Av
ie
nt
P
F
AV
Y
PP
G
KW
FU
PM C
E
AL
B
FM
C
AS
EC
EM
XL
U
SC
BN
U
VR
Median: 21%Median: 15%
2022 EBITDA MARGINS VS.
https://www.avient.com/resources/safety-data-sheets?page=5917
MONOTRAC GRAY #4
X HC 307640#SR-32185
X ET 295489#SR-32460-02 Red