https://www.avient.com/sites/default/files/2023-11/reSound BIO TPEs Technical Bulletin.pdf
Developed
to support growing sustainability goals, these bio-
polymers offer hardness levels from 30-70 Shore A
and property retention comparable to traditional
petroleum-based TPEs.
RS7900-0001
30N
RS7900-0001
45N
RS7900-0001
60N
RS7900-0001
70N
Gen 1 Biomass Content (%) 35% 35% 35% 35%
Hardness, Shore A 30A 45A 60A 70A
Specific Gravity 1.0 1.1 1.1 1.1
50% Modulus, PSI 103 163 212 313
100% Modulus, PSI 127 192 247 355
Tensile Strength, PSI 564 759 920 1115
Elongation, % 699 692 712 727
Tear Strength, PLI 61 86 114 138
OM Substrate PP PP PP PP
reSound™ BIO 7900 Series
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2022-11/Avient Announces Third Quarter 2022 Results.pdf
AVNT-2022.09.30-News Release
1
NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces Third Quarter 2022 Results
• Completed the acquisition of DSM Protective Materials (including Dyneema®) on
September 1st and the sale of the Distribution business on November 1st
• $750 million of after-tax proceeds from the sale of Distribution used to redeem all Senior
Unsecured Notes due in 2023 and pay down a portion of term loan debt
• GAAP EPS from continuing operations of ($0.30) includes special items of ($0.75)
primarily associated with acquisition-related costs and an adjustment to environmental
reserves
• Adjusted EPS excluding intangible amortization of $0.59 is in line with the company’s
guidance of $0.58 provided on September 27th
• Revised full year adjusted EPS guidance to $2.60 primarily as a result of recently
announced COVID lockdowns
CLEVELAND – November 2, 2022 – Avient Corporation (NYSE: AVNT), a leading provider of
specialized and sustainable solutions, today announced its third quarter 2022 results.
The company noted net proceeds from the Distribution sale are being used to retire its $600
million 2023 Senior Unsecured Notes and pay down $150 million of its term loan debt as shown
below.
3
More details will be provided on the company's third quarter performance and full year outlook
during its webcast scheduled for 8:00 a.m.
Three Months Ended
September 30,
Nine Months Ended
September 30,
Reconciliation to Consolidated Statements of Income 2022 2021 2022 2021
Sales $ 823.3 $ 818.0 $ 2,606.5 $ 2,508.5
Gross margin - GAAP 195.4 215.6 710.7 727.3
Special items in gross margin (Attachment 3) 31.8 17.3 35.6 27.7
Adjusted gross margin $ 227.2 $ 232.9 $ 746.3 $ 755.0
Adjusted gross margin as a percent of sales 27.7 % 28.5 % 28.6 % 30.1 %
Operating income - GAAP 40.6 52.8 242.9 229.6
Special items in operating income (Attachment 3) 40.2 20.0 48.8 36.6
Adjusted operating income $ 80.8 $ 72.8 $ 291.7 $ 266.2
Adjusted operating income as a percent of sales 9.8 % 8.9 % 11.2 % 10.6 %
The table below reconciles pre-special income tax expense and the pre-special effective tax rate to their most comparable US
GAAP figures.
https://www.avient.com/idea/making-plastic-parts-more-sustainable
Both bio-based and recycled materials are beneficial in developing more sustainable products for eco-conscious consumers – a growing segment of buyers, as 78% of consumers value a sustainable lifestyle (NielsenIQ, 2023).
Utilizing sustainable-based colorants and additives can lead to a stronger environmental story and the potential for sales to increase up to 2.5% (McKinsey & Company, 2023).
https://www.avient.com/investors/governance/board-directors
Khandpur joined Avient in December 2023.
He previously served as Group President of the Transportation & Electronics business group for 3M Company (“3M”), a global manufacturing and technology company, from April 2021 to November 2023.
https://www.avient.com/sites/default/files/2024-12/AVNT Investor Day 2024 Presentation.pdf
$3.1B 9,000+
80+ 100+
2011
36%
64%
2023 sales
by business segment
Specialty
Engineered
Materials
SEM
Color,
Additives
& Inks
CAI
2023 sales by end market
41%
36%
18%
5%
2023 sales
by region
US,
Canada
LATAM
Asia
EMEA
PACKAGING
23%
CONSUMER
19%
INDUSTRIAL
16%
TRANSPORTATION
10%
BUILDING & CONSTRUCTION
9%
HEALTHCARE
7%
DEFENSE
7%
ENERGY
5%
TELECOM
4%
Copyright © .
EBITDA margin up from
about 5% (2006) to 16% (2023)
Our evolution
Specialty
formulator of
materials
Copyright © .
Free cash flow use
2020– 2024 est.
30%
37%
6%
27%
Debt
paydown
Dividend
payments
Share
buybacks
M&A,
other
15%
CA
GR
Copyright © .
https://www.avient.com/sites/default/files/2025-03/65536-Certificate-05MAR2024.pdf
Certificate No: 65536
Certification structure: MULTI-SITEMULTI-SITE
Certification Date: 29 SEP 2023
Effective Date: 27 FEB 2025
Expiration Date: 27 SEP 2026
Revision Date: 05 MAR 2025
Dominic Townsend, PresidentDominic Townsend, President
Copyright as of the Effective Date, ABS Quality Evaluations, Inc.
Jorge Bei Maluf, 2.165, Vila
Theodoro Suzano SP 08686-000
Brazil
Avient Corporation - Suzhou, China Design and Manufacture of Engineering Plastics and Plastic Alloys 77 Shenggang Street , 215024
Suzhou,
Avient Corporation Design and Manufacture of Colorants and Additives for Plastics Gatot Subroto KM. 4 Jalan Kalisabi
No. 1 Building 37 Tangerang Banten
15138 Indonesia
Avient Corporation Design and Manufacture of Colorants and Additives for Plastics No. 30 Hsing Pang Road Tao Yuan --
- 330457 Taiwan
Avient Corporation Design and Manufacture of Colorants and Additives for Plastics AV.
Toluca 2000 Toluca Estado de
México 50200 Mexico
RC14001®:2023RC14001®:2023
Certificate Of ConformanceCertificate Of Conformance
ANNEXANNEX
Certificate No: 65536
Avient CorporationAvient Corporation
At the below facilities
FACILITY NAMEFACILITY NAME FACILITY ACTIVITYFACILITY ACTIVITY ADDRESSADDRESS
Copyright as of the Effective Date, ABS Quality Evaluations, Inc.
https://www.avient.com/knowledge-base/case-study/winning-smiles-antimicrobial-additives
Cesa WithStand additives provided a low let-down ratio that resulted in a 30% cost savings per year.
https://www.avient.com/knowledge-base/case-study/automotive-windshields-post-consumer-recycled-content-tpes
Jan 30, 2025
https://www.avient.com/idea/closing-packaging-loop-post-consumer-recycled-pet
For example, an EU directive for use of recycled PET (rPET) in beverage bottles will increase from 25 percent in 2025 to 30 percent in 2030.
https://www.avient.com/news/archives?page=11
January 30, 2024