https://www.avient.com/sites/default/files/2020-11/cotrep-at-20-18-avient-corporation-cesar-ir-pe-94000816.pdf
L’avis porte sur la détectabilité et la triabilité de la solution colorante et non sur la recyclabilité
de l’emballage au global.
Bien que le COTREP émette un avis positif sur la détectabilité et la triabilité de la solution
colorante noire CESA® IR PE 94000816 de Avient Corporation, cet avis ne présage en rien de la
recyclabilité de l’emballage au global.
https://www.avient.com/sites/default/files/2021-07/lactra-low-tio2-product-bulletin_0.pdf
PRODUCT BULLETIN
LEGISLATION & TARIFFS
As the packaging industry seeks to align with global
sustainability trends, many new legislative changes
surrounding single use plastic packaging can be
observed.
TECHNOLOGY BENEFITS
• Improved light blocking performance up
to 99.9% at 550nm and 700nm
• Brighter whiteness L* >90 even in thin wall
sections (0.21mm)
• Plug & go solution—processes similar to
virgin PET
• Process with standard PET grades and rPET
• Reduces equipment wear and tear
• TiO2 content of
https://www.avient.com/sites/default/files/2021-10/information-systems-use-policy-final-9.1.2021.pdf
Temporary contract
workers, independent contractors, and consultants are subject to the provisions of the relevant service
agreements.
Personal Data additionally includes any non-Avient data of a private nature, such as login
information for personal email, social media, or subscription service accounts, personal documents, and
notes.
Information Systems” – any software, hardware, firmware, data networks, physical or remote storage
media, or other digital services used, owned, accessed, controlled, leased, or operated by Avient.
https://www.avient.com/sites/default/files/2022-08/2022 Glasforms EC Application _ Product Selection Guide.pdf
GLASFORMS™
ELECTRICAL COMPONENTS
Composite Materials for Power Transmission
and Distribution Products
APPLICATION & PRODUCT SELECTION GUIDE
KEY
CHARACTERISTICS
Extend the service life of electrical
transmission and distribution products
with Glasforms composite technologies.
Performance advantages:
• Non-conductive: formulations engineered
to optimize composite dielectric properties
• Lightweight: up to 80% lighter than porcelain,
reducing installation time and cost
• High strength: high tensile, compressive,
flexural and inter-laminar shear strength
to support various design configurations
and line loads
• Flexible: deflect and return to original shape
for load dampening to minimize damages
and outages
• Durable and shatter resistant vs. ceramic
and glass, and UV and corrosion resistant
for long service life
INSULATORS
AND ARRESTERS
OVERHEAD
SWITCH RODS
CROSSARMS
AND BRACES
COMPOSITE
POLES
GUY
INSULATORS
Electrical Transmission & Distribution Applications
COMPONENT DESCRIPTION SIZES
Insulators for transmission and distribution
Suspension insulators Epoxy/corrosion resistant glass rods .625" to 1.25" diameter
Line post and station
post insulators Epoxy/glass fiber rods 1.50" to 4.74" diameter
Arresters
Cage type Polyester or vinyl ester/glass fiber rods .125" to .50" diameter
Custom tubular Polyester, vinyl ester or epoxy/
glass fiber custom shapes 2.0" to 6.0" envelope size
Pole line construction
Conductor standoff and
equipment support arms Polyester/glass fiber rods 1.50" to 2.00" diameter
Guy strain insulators Polyester/glass fiber rods 0.50" to .812" diameter
Cross arms
Tangent and deadend,
support braces
Polyester/glass fiber
rectangular tubes
3.62" x 4.62" and
4.0" x 6.0" rectangular
Utility poles
Composite poles Polyester/glass fiber hollow
custom tubes
10" to 14" diameter,
typical lengths 40' to 110'
Pole line construction, cross arms, rods, and utility poles feature an integral fabric surfacing veil for long-term weather resistance
and retention of properties.
https://www.avient.com/sites/default/files/2020-10/composites-innovation-cell-program-bulletin_0.pdf
Our
application development, engineering and
industrial design teams can help you to:
• Increase stiffness
• Improve impact resistance
• Reduce weight through thin-walling and
material reduction or replacement
• Add strength in high stress areas
Avient’s thermoplastic composite innovation
cell in Englewood, CO features injection and
compression molding equipment as well as design
and testing services, all under one roof.
Avient Advanced Composites – Polystrand
8375 Highfield Parkway
Englewood, CO 80112
303.515.7700
TESTING SERVICES
In-house testing capabilities allow for rapid
material characterization and mechanical analysis
according to the following standards:
• ASTM D790 3-Point Flex
• ASTM D7264 4-Point Flex
• ASTM D2344 Short Beam Shear
• ASTM C393 Core Compression
• ASTM D7078 V-Notch Shear
• ASTM D7249 4-Point Flex (Long Beam)
• ASTM D6641 CLC Compression
For more specialized resin and material analysis,
additional testing capabilities are available
through Polymer Diagnostics, Inc.
https://www.avient.com/sites/default/files/2020-10/demystifing-cmf-brochure.pdf
COLOR, MATERIAL & FINISH DESIGN SERVICE
FIVE WAYS TO BRING CLARITY TO COLOR, MATERIAL
& FINISH SELECTION
D E M Y S T I F Y I N G C M F
FINDING THE RIGHT BALANCE BETWEEN LOOK,
FEEL AND FUNCTION IS IMPORTANT
BUT CHALLENGING
NEARLY 90% OF ALL PURCHASE DECISIONS ARE MADE SUBCONSCIOUSLY.
If it looks great, but can’t be manufactured or costs
too much, development dies on the vine.
5 COMMON OBSTACLES
BRANDS FACE WITH EVERY CMF CHOICE
D E S I G NC
LLEN
ES
D E S I G N I L LU M I N AT E S
COMPARATIVE
STUDIES
HOW WE CAN HELP
OUR PR OCESS LEADS TO EDUCATED DESIGN CHOICES
TRENDS &
INSIGHTS
OPERATIONS
SUPPORT
DESIGN
SERVICES
POLYMER
INNOVATIONS
Avient Design works with you to find inspiration specific
to your product and your needs.
https://www.avient.com/sites/default/files/2020-05/polyone-investor-presentation-may-2020_0.pdf
Microsoft PowerPoint - PolyOne Investor Presentation 5.4.20_v8
P E O P LE
P RO D U CT S P LA N E T
P E RF O R MAN C E
JVs Performance Products & Solutions Distribution Specialty
To be the world’s
premier provider of
specialized polymer
materials, services and
solutions
To be the world’s
premier provider of
specialized polymer
materials, services
and sustainable
solutions
2016 2017 2018 2019
Lightweighting Reduced Material Requirements Improved Recyclability
Renewable Energy Applications Eco-conscious Bio-derived Content
Reduced Energy Use VOC Reduction
$275M
$325M
$355M
$410M 14% Total Annual Growth
9% Organic Annual Growth
PolyOne Corporation 33
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS) from continuing
operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/resources/Application%2520Bulletin%2520Resilience%2520HC.pdf
The consequences to the medical
device manufacturer could include increases in:
• Service calls to repair damaged devices
• Warranty claims on damaged devices
• Product returns of damaged devices
TYPICAL APPLICATIONS
Below are just a few examples of the many
types of medical devices protected by rigid
polymer housings and frequently cleaned
with harsh disinfectants to fight HAI’s.
Public Health Service, the incidence of hospital-acquired infections
(HAI’s), such as MRSA and VRE, has increased approximately 36% in the last 20 years and
today causes nearly 100,000 deaths annually.
https://www.avient.com/sites/default/files/2023-05/AVNT Q1 2023 Earnings Presentation.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;
• Changes in laws and regulations regarding plastics in jurisdictions where we conduct business;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• 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 achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials (APM);
• An inability to raise or sustain prices for products or services;
• 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; and
• 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 and any recessionary conditions
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
National Defense
budget of $842 billion submitted to Congress
in Q1 2023
• European NATO members annual defense
spend expected to increase by up to 20%
Dyneema® is the world’s strongest fiber™
One of the highest strength to weight
ratios of any material on Earth
Direct relationships with industry leading
armor manufacturers
Resistant to most chemicals, UV, and
moisture to handle any environment
Avient Confidential 13
DEFENSE
Source: US Department of Defense, defense.gov, NATO13
Source:
TRANSPORTATION
• Increased EPA regulations requiring
improved fuel efficiency, enabled in part by
lower-weight vehicles
• Automakers preparing for 2/3 of U.S.
vehicles to be 100% electric by 2032
Lightweight panels that establish both
strength and stiffness resulting in
decreased energy usage, lower emissions
Long-lasting Color applications to resist
UV exposure, temperature fluctuations
and exceed the stylistic requirements of
global automakers
14
$130
$530
$0.60
$2.40
2023 GUIDANCE
15
Sales Adjusted EBITDA
$845
$3,400
Adjusted EPS
(in millions) (in millions)
CASH FLOW / LEVERAGE
16
• Maintaining free cash flow
and leverage guidance from
February earnings call
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Restructuring actions to
streamline operations and
improve profitability,
primarily in Europe
($ millions) 2023E
Cash Flow from Operating Activities 350$
Less:
Run-Rate CapEx (110)
CapEx for IT System Upgrade (25)
CapEx for Restructuring (15)
Total CapEx (150)
Free Cash Flow 200$
Adjusted EBITDA 530$
Net Debt / Adjusted EBITDA 2.9x
LONG-TERM REVENUE GROWTH DRIVERS
Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites 10%
Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
17
Sustainable
Solutions
32%
Asia / LATAM
Composites
Other (GDP
Growth)
39%
• Virtual presentation to be held
September 20, 2023
• The company will be
conducting an investor-focused
presentation around our
sustainability solutions portfolio
Avient Confidential 18
SUSTAINABILITY
INVESTOR DAY
18
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2022
($ in millions)
Organic Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
19
*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 Color business
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
$1,175M
Lightweighting
Eco-Conscious
Recycle Solutions
VOC Reduction
Sustainable Infrastructure
Human Health & Safety
Reduced Energy Use
Bio-polymers
SUSTAINABILITY NEEDS BY MARKET
B&C
• Eco-Conscious
• Carbon footprint
• Resource
conservation
• Carbon footprint
• Bio based content
• Eco-Conscious
Automotive
• Light weighting
• Recycled Content
• VOC reduction
• Recycle Solutions
• Carbon Footprint
Packaging
• Recycle Solutions
• Food waste
reduction
Common Theme: CO2 Emission Goals
Increasing Single-Use Plastic Regulation
20
INVESTING
IN INNOVATION
S U S T A I N A B I L I T Y P O R T F O L I O
21
AP P EN D IX
24
RAW MATERIAL 2022 ANNUAL PURCHASES
Performance
Additives
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
• Cost inflation
decelerating,
particularly for
hydrocarbon-based
raw materials
2022 pro forma results for the acquisition of Avient Protective Materials
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
24%
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
26
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
C O L O R , A D D I T I V E S & I N K S
2022 REVENUE | $2 .4 B ILL ION
34%
38%
END MARKET REGION
27
34%
21%
Building &
1% Energy
2%
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
END MARKET
52%
35%
REGION
28
19%
8%Industrial
9% Defense
Building &
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
BY END MARKET
27%
14%
17%
Building &
(37% of sales)Transportation
24%
12%
Building &
US &
Canada
(40% of sales)
56%
23%
Building &
1%
LATAM
(5% of sales)
3%
29
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,400 and estimated run-rate CAPEX of $110M.
31
4 4
5 5 5
6
7
9
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.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;
• Changes in laws and regulations regarding plastics in jurisdictions where we conduct business;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• 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 achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials (APM);
• An inability to raise or sustain prices for products or services;
• 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; and
• 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 and any recessionary conditions
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
Global Compact
• Highlights ESG Performance, including
ratings, awards, and certifications
• Features increased carbon emissions
disclosures, including Climate Change Scenario
Analysis and Scope 3 emissions data
• Outlines Sustainable Supplier Program,
designed to enable supplier evaluation &
collaboration
• Reflects Great Place To Work® culture focused
on safety, employee engagement and
advancing diversity, equity and inclusion
2022 SUSTAINABILITY REPORT
15
Avient Confidential 16
• Virtual presentation to be held
September 20, 2023
• Leadership will be conducting
an investor-focused
presentation around our
sustainable solutions portfolio
• Deep dive into how we enable
customers to achieve their
sustainability goals
SUSTAINABILITY DAY
16
…are Growing at Twice the Rate as
Conventional Products
Sustainably-Branded Products…
STAKEHOLDER INFLUENCE DRIVES DEMAND
Consumers
Are demanding
recyclability and eco-
conscious products
Governments
Are mandating changes
through legislation, taxes,
and regional accords
Brand Owners
Have committed to
ambitious goals to achieve
sustainability metrics
17
AP P EN D IX
20
Performance
Additives
16%
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
2022 pro forma results for the acquisition of Avient Protective Materials
RAW MATERIAL BASKET
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,280 and estimated run-rate CAPEX of $110M.
22
3
2
3 3
4 4
3 3
4
5 5
7
8 8
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.