https://www.avient.com/sites/default/files/2020-08/maxxam-polyolefins-formualtions-case-study.pdf
The technical services team at Avient worked closely
with the European material engineering team at
DENSO under the lead of Mr.
THE IMPACT
Through a combination of its global footprint, expert
technical services, and local production, Avient
accepted DENSO’s challenge and responded with a new
customized formulation that exceeded performance
requirements, eliminated overmolding, and reduced
cycle times.
https://www.avient.com/sites/default/files/2022-12/Cesa Fiber Additives Light Stabilizers Product Bulletin.pdf
In technical
applications, where strength can be a critical
factor, fibers should be UV-stabilized to avoid
product failure.
KEY BENEFITS
Avient’s UV stabilizers for fibers provide the
following benefits:
• High active ingredient loading options available
• Little or no effect on processing speeds so
plant productivity can be maintained at the
highest levels
• Resistance to interaction with fertilizers,
pesticides and bleaching agents in the
manufacturing and end-use environment
• Can be combined with colors and with other
additives (e.g., flame retardants) into a single
combination concentrate for convenience
• Product guidance and technical assistance
from our experts
PRODUCT BULLETIN
Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2021-04/versaflex-computer-mouse-case-study.pdf
A technical support team at Avient
GLS Thermoplastic Elastomers conducted extensive
compatibility testing to confirm proper bonding and
overmolding onto the rigid substrate.
Avient’s team attended all molding trials to assist in
establishing proper part performance and also worked
closely with the OEM on global coordination of sales,
engineering, and technical support.
https://www.avient.com/sites/default/files/resources/Replacing%2520Metal%2520with%2520Vinyl_0.pdf
The first step
involved a meeting between our team and
Smart Hero’s technical group to understand
the requirements of the outdoor lighting
application.
Our technical service
representative attended the molding trials to
help optimize processing conditions, resulting
in the ideal parts for the evaluation.
https://www.avient.com/sites/default/files/2021-11/0514-02-dec2021.pdf
Avon Lake, OH
for technical competence in the field of
Chemical Testing
This laboratory is accredited in accordance with the recognized International Standard ISO/IEC 17025:2017
General requirements for the competence of testing and calibration laboratories.
This accreditation demonstrates
technical competence for a defined scope and the operation of a laboratory quality management system
(refer to joint ISO-ILAC-IAF Communiqué dated April 2017).
https://www.avient.com/sites/default/files/2021-06/vinod-purayath-bio.pdf
A business leader with a technical, entrepreneurial mindset, Dr.
At SanDisk Corporation, he held technical and
engineering leadership positions over an eight-year period, building and leading a global
team of engineers, whose success underpinned the growth of the company.
https://www.avient.com/sites/default/files/2022-01/Carbon Fiber Composites Infographic.pdf
Automotive
chassis
components,
body panels
Medical
splints, braces,
orthopedic
fixators
Avient’s Glasforms™ and Gordon Composites™ carbon fiber composite materials consist of
thermoset continuous fiber polymer rods, bars, laminates and custom shapes used in a variety
of applications that require superior technical characteristics.
For more details including technical information, download the product bulletin.
https://www.avient.com/sites/default/files/2023-12/Avient-North Baltimore ISO_IEC 17025%5B29%5D.pdf
Accredited Laboratory
A2LA has accredited
AVIENT CORPORATION
North Baltimore, OH
for technical competence in the field of
Mechanical Testing
This laboratory is accredited in accordance with the recognized International Standard ISO/IEC 17025:2017
General requirements for the competence of testing and calibration laboratories.
This accreditation demonstrates
technical competence for a defined scope and the operation of a laboratory quality management system
(refer to joint ISO-ILAC-IAF Communiqué dated April 2017).
https://www.avient.com/sites/default/files/2020-08/colormatrix-joule-tech-bulletin-a4.pdf
Occasionally, technicians from the
equipment manufacturers are used to establish the
‘entitlement’ performance of a particular machine
and most major manufacturers have technical
service teams to help with this activity.
Maximum speed output should be attainable
prior to any ‘recipe’ setting trials
TECHNICAL BULLETIN
The diagram below shows many of the variables that are typically present during stretch blow molding
and this illustrates the complexity of the whole process.
It should be recognized that due to this
complexity, achieving consistent blowing performance could be regarded more of an art than a science
and a high degree of technical competence, rigorous maintenance, thorough operative training and
constant vigilance during operation should always be exercised.
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
D
is
t.
)
K
W
R
P
P
G
F
U
L
R
P
M
A
V
Y
F
M
C
H
U
N
H
X
L
S
C
L
E
C
L
E
M
N
C
E
A
S
H
Source: Peer data per Bloomberg market data as of February 15, 2022.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
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 $635M and estimated CAPEX of $90M (excludes IT system upgrade of $25M and synergy capture CAPEX of $20M)
Source: Peer data per Bloomberg market data as of February 15, 2022
86
89
85
80
76 76
89
85
79 78 76 76 76
70 69
63
8
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
A
V
Y
R
P
M
F
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C
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V
R
H
U
N
B
N
R
H
X
L
E
C
L
C
E
A
S
H
E
M
N
S
C
L
A
L
B
Source: Peer data per Bloomberg market data as of February 15, 2022
Total Enterprise Value / 2022E EBITDAWith the Clariant Color business
acquisition and divestment of the
PP&S business, our exposure is
now concentrated in less-cyclical
and high-growth markets.
APPENDIX
Performance
Additives
15%
Pigments
13%
TiO2
11%
Dyestuffs
3%Polyethylene
12%
Nylon
6%
Polypropylene
5%
Other Raw
Materials
30%
Styrenic Block
Copolymer
5%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
31
• Significant raw material price inflation
and tight inventory continued in Q4 2021
o For the full year, the average cost of
hydrocarbon based materials was up
50% in 2021
o For the full year, the average cost of non-
hydrocarbon based materials was up
12% in 2021
• Additionally, we continued to experience
other supply chain challenges during Q4
related to raw material spot purchases,
freight constraints and productivity loss
as a result of these shortages
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Distribution business
SEGMENT DATA
U.S. & Canada
50%
EMEA
25%
Asia
16%
Latin America
9%
2021 SEGMENT, END MARKET AND GEOGRAPHY
33
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
23%
Packaging
19%
Industrial
16%
Building and
Construction
10%
Telecommunications
4%
Energy
2%
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs
$2,402M
$409M
$919M
$164M
$1,631M
$94M
Sales EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$581M$4,819M
(1)
Transportation
11%
Healthcare
15%
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
16%
Building &
Construction
10%
Transportation
9%
Energy
1% Telecommunications
1%
C O L O R , A D D I T I V E S & I N K S
2 0 2 1 R E V E N U E | $ 2 . 4 B I L L I O N
US & Canada
32%
EMEA
40%
Asia
21%
Latin America
7%
END MARKET REGION
34
All charts reflect 2021 financials
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Consumer
27%
Healthcare
10%
Packaging
7%
Telecommunications
16%
Transportation
11%
Industrial
11%
Building &
Construction
11%
Energy
7%
2 0 2 1 R E V E N U E | $ 9 1 9 M I L L I O N
END MARKET
US & Canada
55%
EMEA
25%
Asia
20%
REGION
35
All charts reflect 2021 financials
D I S T R I B U T I O N
Healthcare
26%
Consumer
23%
Packaging
5%
Industrial
20%
Transportation
16%
Building and
Construction
8%
Energy
1%
Telecommunications
1%
US & Canada
80%
Asia
3%
Latin
America
17%
END MARKET REGION
K E Y S U P P L I E R S
2 0 2 1 R E V E N U E | $ 1 . 6 B I L L I O N
36
All charts reflect 2021 financials
T O T A L C O M PA N Y R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
30%
Consumer
26%Healthcare
13%
Industrial
14%
Building &
Construction
5%
Telecommunications
2% Energy
2%
Asia
(16% of sales)
Transportation
8%
Packaging
32%
Consumer
13%
Healthcare
5%
Industrial
17%
Building &
Construction
12%
Telecommunications
5%
Energy
4%
EMEA
(25% of sales)
Transportation
12%
37
Consumer
25%
Healthcare
19%
Packaging
10%
Industrial
17%
Building &
Construction
10%
Telecommunications
4%
Energy
2%
US &
Canada
(50% of sales)
Transportation
13%
Packaging
38%
Consumer
33%
Healthcare
8%
Industrial
10%
Building &
Construction
5%
Telecommunications
1%
LATAM
(9% of sales)
Transportation
5%
All charts reflect 2021 financials
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.