https://www.avient.com/sites/default/files/2025-02/MAXXAM Power Tool Manufacturer Application Snapshot.pdf
POWER TOOL
MANUFACTURER
P O W E R T O O L B A T T E R Y P A C K
• Non-Halogen to industry standards
• Increased thermal conductivity
• Good impact properties
• Easy to process
• Corporate color
• Provided a non-halogenated solution for
Bosch while increasing the thermal
conductivity
• Supported with regulatory and technical
knowledge
• Helped to source a UL-listed material from
the EU for production in China with identical
quality
Maxxam NHFR Non-Halogen Flame
Retardant Polyolefin Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2025-03/2025 Proxy Statement.pdf
Jellison 67 2015 Yes C M
Ashish K.
Garratt, Lisa K.
John Midea, Lisa K.
https://www.avient.com/company/sustainability/sustainability-report/reporting/sasb
Performance—The Highest Ethical Standards; Ethics Hotline and Reporting; Enterprise Risk Management
Avient 2022 Annual Report—Form 10-K Pages 8-14
https://www.avient.com/sites/default/files/2024-10/2024 AVNT Q3 Webcast Slides w appendix and non-GAAP.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Disruptions or inefficiencies in our supply chain, logistics, or operations;
• Changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Demand for our products and services;
• Production outages or material costs associated with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including the implementation of a cloud-based enterprise resource planning system, S/4HANA;
• Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation, geopolitical conflicts and any recessionary conditions; and
• Other factors described in our Annual Report on Form 10-K for the year ended December 31, 2023 under Item 1A, “Risk Factors.”
You are
advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
FX +8.5%
FX -0.4%
Total Avient +8.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
COLOR, ADDITIVES & INKS SEGMENT
( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 )
$487
$522
Q3 23 Q3 24
$89
$97
Q3 23 Q3 24
Sales Adjusted EBITDA
(in millions) (in millions)
Sales Adjusted EBITDA
7
+ 7%
(+8% excluding FX)
+ 9%
(+11% excluding FX)
18.3%
+40 bps *18.7%
*
* Adjusted EBITDA Margin %
• Sales growth driven by winning
new product specifications in
consumer & packaging, strong
underlying demand in healthcare
and improving demand in building
& construction
• Favorable mix and raw material
deflation contributed to EBITDA
margin expansion
SPECIALTY ENGINEERED MATERIALS SEGMENT
( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 )
$268
$295
Q3 23 Q3 24
$51
$57
Q3 23 Q3 24
Sales Adjusted EBITDA
(in millions) (in millions)
Sales Adjusted EBITDA
8
• Sales growth driven by restocking
in healthcare & consumer end
markets and strong underlying
demand for composite
applications used in building &
construction, energy and defense
end markets
• Favorable mix contributed to
EBITDA margin expansion
+ 10%
(+10% excluding FX)
+ 12%
(+13% excluding FX)
19.0%
+40 bps *19.4%
*
* Adjusted EBITDA Margin %
2 0 2 4 G U I D A N C E
FY 20 24 GUIDA NC E
Previous (Aug 6) Current
Adjusted EPS $2.55 to $2.70 $2.63 to $2.67
Adjusted EBITDA $515 to $540 million $525 to $530 million
Interest Expense $105 million $104 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures &
Investment in S/4 Hana
~$140 million ~$140 million
10
11
• Investor Day to be held December 4, 2024 at
the NYSE, beginning at 10AM
• The focus will be to do a deep dive on the
Company’s strategy
• Registration and microsite will be available in
early November
20 24 AVI ENT INVESTOR DAY
A P P E N D I X
18
Performance
Additives
15%
Pigments
13%
TiO2
9%
Dyestuffs
2%
Polyethylene
10%Nylon
5%
Polypropylene
4%
Styrenic Block
Copolymer
4%
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RA W MATERI AL BA SKET
SEGMENT DATA
U.S. & Canada
41%
EMEA
36%
Asia
18%
Latin America
5%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
19%
Packaging
23%Industrial
16%
Building and
Construction
9%
Telecommunications
4%
Energy
5%
Defense
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
Transportation
10%
Healthcare
7%
20
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2 0 2 3 R E V E N U E | $ 2 . 0 B I L L I O N
US & Canada
34%
EMEA
37%
Asia
21%
Latin America
8%
END MARKET REGION
21
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
15%
Transportation
9%
Building &
Construction
10%
Telecommunications
1% Energy
2%
COLOR , AD DI TI VES & INKS
2 0 2 3 R E V E N U E | $ 1 . 1 B I L L I O N
US & Canada
52%
EMEA
35%
Asia
13%
22
Packaging
5%
Consumer
16%
Healthcare
6%Industrial
16%
Transportation
12%
Telecommunications
9%
Energy
10% Defense
18%
Building &
Construction
8%
END MARKET REGION
SPEC IA LTY ENGI NEER ED MATERI ALS
Packaging
32%
Consumer
26%
Healthcare
9%
Industrial
13%
Building &
Construction
6%
Telecommunications
2%
Energy
2% Defense
1%
Asia
(18% of sales)
Transportation
9%
2 0 2 3 AV I E N T R E G I O N A L S A L E S
Packaging
25%
Consumer
13%
Healthcare
5%
Industrial
18%
Building &
Construction
9%
Energy
5%
Defense
8%
EMEA
(36% of sales)Transportation
13%
Packaging
13%
Consumer
22%
Healthcare
10%
Industrial
16%
Building &
Construction
12%
Energy
6%
Defense
8%
US &
Canada
(41% of sales)
Transportation
9%
Packaging
59%
Consumer
22%
Healthcare
2%
Industrial
8%
Building &
Construction
4%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
4%
Telecommunications
4%
23
B Y E N D M A R K E T
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.
https://www.avient.com/sites/default/files/2022-03/Avient 2021 Annual Report.pdf
Beggs 45 Senior Vice President, Chief Financial Officer
Cathy K.
Cathy K.
Lisa K.
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
THIS PAGE IS NOT PART OF POLYONE’S FORM 10-K FILING
THIS PAGE IS NOT PART OF POLYONE’S FORM 10-K FILINGTHIS PAGE IS NOT PART OF POLYONE’S FORM 10-K FILING
ROBERT M.
RICHARDSON
Executive Vice President,
Chief Financial Off icer
GIUSEPPE Di SALVO
Vice President, Treasurer and
Investor Relations
CATHY K.
JOHNSON
Vice President, Tax
HOLGER KRONIMUS
Vice President, Europe, General
Manager, Engineered Materials,
Europe
LISA K.
https://www.avient.com/sites/default/files/2020-09/case-study-one-pager-hybrid-5g-cable.pdf
OFC
MANUFACTURER
5 G H Y B R I D C A B L E
J A C K E T I N G & I N S U L A T I O N
• Fire performance: reduce smoke and fume production,
high flame and char resistance
• Reduce development time
• Meet required standards: UL 1581 (Class XL) mechanical
properties , UL 1685 (flame test/smoke parameters), FT2
& FV2 (VW1)
• Accelerated speed to market, reducing
development time to three months
• Instilled confidence and proved material
expertise as solutions passed extensive
testing ahead of competition
• Optimized cable manufacture process and
line speed following trials at customers
facility
ECCOH 5549/1 LDD & Syncure™ S100FH
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-custom-pa-grade-led-heat-sink-1.pdf
© 2020, All Right Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
LIGHTING
MANUFACTURER
H E A T S I N K F O R H I G H P O W E R
L E D
• PA based grade to replace aluminum
• High thermal conductivity ̴ 15 W/mK
• Electrically conductive
• Easy moulding
• Improved light output compared to
alternative materials
• Improved corrosion resistance and
weight reduction
• It gave the customer more design
possibilities and a more cost effective
solution
Customized PA based grade
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2023-05/complet-lft-automotive-aftermarket-side-step-application-snapshot-1.pdf
A F T E R M A R K E T PA RT S
M A N U FAC T U R E R
S I D E S T E P
• High strength
• Low moisture absorbance, reduced warpage
• Pleasing cosmetic finish
• Strong flexural modulus
• Offered long fiber thermoplastic (LFT) with 3x the
strength of the incumbent short fiber material
without a need for retooling
• Resolved major disadvantage of moisture uptake
with a moisture-resistant PA66 LFT formulation
• Facilitated part consolidation and design freedom
• Modeled performance of long glass fiber design
with advanced testing capabilities (FEA,
moldflow, burnoff)
Complēt™ Long Fiber Reinforced Structural
Thermoplastics
KEY REQUIREMENTS
WHY AVIENT
AVIENT SOLUTION
STRENGTH + PART CONSOLIDATION
LEARN MORE
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2021-05/complet-lft-office-furniture-task-chair.pdf
Office Furniture Task Chair
LEADING OFFICE
FURNITURE OEM
T A S K C H A I R
• Stiff yet extremely tough all-composite solution
• Reduce part count by replacing mechanical tilt controls
• Cost-effective material
• Exceptional fatigue endurance to withstand million cycle
deflection test
• Enabled novel design by combining long
glass fiber and unidirectional tape to meet
performance and mass market cost targets
• Formulated custom nylon material with
minimal conditioned performance loss and
smooth, fiber-free surface finish
• Provided technical support during two-year
product development cycle
Complēt™ Long Glass Fiber PA66 Composite
and Overmolded Unidirectional Tape Inserts
KEY REQUIREMENTS
WHY AVIENT?