https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”).
Operating Income
$3,783
$4,300
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Previous
Guidance
Current
Guidance
$3,783
$4,650
$308
$410
$308
$430
$1.93
$2.80
$1.93
$3.00
(1) (1)(1)
(1)(1) (1)
$442
$457
$580
$1.74
$1.93
$3.00
FULL YEAR 2019 – 2021 ORGANIC GROWTH
16
Sales Adjusted EBITDA
$3,981
$3,783
$4,650
+ 17%
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1)(1)
+ 31% + 72%
($ in millions)
2021E Adjusted EBITDA 580$
Free Cash Flow 280$
Total Debt 1,860
Less: Cash (755)
Net Debt 1,105$
2021E Net Debt / Adjusted EBITDA 1.9x
17
BALANCE SHEET
• Acquisition of Magna Colours completed on
July 1 – expands sustainable solutions
portfolio through water-based inks technology
• Deleveraging to 1.9x net debt to adjusted
EBITDA by the end of 2021
• Driven by record adjusted EBITDA
performance and strong free cash flow
generation from asset light business
• Future cash deployment: M&A, opportunistic
share repurchases and balance sheet /
continued leverage reduction
3.5x
2.7x
1.9x
Net Debt / Adjusted EBITDA
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
SUSTAINABILITY FOR A BETTER TOMORROW
• Revenue from sustainable solutions expected to
grow 14% in 2021 as our innovation efforts and
collaboration with customers continues to accelerate
• Investments centered around innovation and global
sustainability megatrends
o Enabling a circular economy – Technologies that
allow for increased use of post-consumer recycled
(PCR) material and improve recyclability of plastics
o Light-weighting – Composites and CAI applications
to reduce weight and material requirements, which
minimize energy and carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative materials
to replace lead, PVC, halogens, BPA and other less
eco-friendly options
2016 2017 2018 2019 2020PF**
Bio-polymers Reduced Energy Use Human Health & Safety
Sustainable Infrastructure VOC Reduction Recycle Solutions
Eco-Conscious Lightweighting
Revenue From Sustainable Solutions* 2016-2020
$405M
$455M
*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 Masterbatch business
$340M
$550M
$790M
19
Key Updates
• Includes Clariant Masterbatch performance
• Increases disclosures and ESG data
• Provides performance updates on 2030 Sustainability Goals
• Commits to operational carbon neutrality in 2050 and 100%
renewable energy by 2050 (RE 100)
• Announces Avient’s participation in U.N.
We will deliver for our stakeholders through multiple value creation levers—many of
which are unique to Avient:
o Demand for sustainable solutions, healthcare, and composites, together with Clariant Masterbatch
revenue synergies, that will drive long-term revenue growth in excess of GDP
o Clariant Masterbatch cost synergy capture will result in significant near-term benefit
In addition, we remain committed to increasing annual dividends in line with earnings growth and
opportunistically buying back shares, all while remaining modestly levered.
https://www.avient.com/sites/default/files/2020-09/stat-tech-tri-fold-processing-guide.pdf
Stat-Tech™
STATIC DISSIPATIVE &
ELECTRICALLY CONDUCTIVE
FORMULATIONS
PROCESSING GUIDE
Stat-Tech™
Stat-Tech™ Static Dissipative and Electrically Conductive Formulations are specifically engineered to provide antistatic, ESD
and EMI/RFI shielding performance for critical electronic equipment applications.
MOLD DESIGN RECOMMENDATIONS
Gates
• Many different types of gates can be used such as pin, fan, tunnel, tab and edge gates.
Gate type
should be selected based on location and part geometry
https://www.avient.com/investor-center/news/polyone-begin-specialty-engineered-materials-production-india
PolyOne
PolyOne's
PolyOne
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Annual%2520Report.pdf
On January 2, 2018, the Company completed the acquisition of IQAP Masterbatch Group S.L.
Six Sigma Master Black Belt, General Electric Company Plastics
Business from March 2001 to December 2002.
Recent Developments
On January 2, 2018, the Company completed the acquisition of IQAP Masterbatch Group S.L.
https://www.avient.com/news/archives?page=32
New Rejoin™ PCR Masterbatch Makes 100 Percent PCR a Reality for Polyolefin Packaging
CLEVELAND – March 12, 2021 – Avient today announced the launch of Rejoin™ PCR Masterbatch for polyolefin packaging applications.
https://www.avient.com/investor-center/news/polyone-corporation-announces-quarterly-dividend-4
PolyOne
PolyOne
PolyOne's
https://www.avient.com/investor-center/news/polyone-corporation-announces-quarterly-dividend-9
PolyOne
PolyOne
PolyOne's
https://www.avient.com/investor-center/news/polyone-corporation-announces-quarterly-dividend-11
PolyOne
PolyOne
PolyOne's
https://www.avient.com/investor-center/news/polyone-corporation-announces-quarterly-dividend-3
PolyOne
PolyOne
PolyOne's
https://www.avient.com/investor-center/news/polyone-corporation-announces-quarterly-dividend-7
PolyOne
PolyOne
PolyOne's