https://www.avient.com/sites/default/files/2025-02/News Release - AVNT-2024.12.31-News Release 2.12.25 2PM_0.pdf
The company noted that full year 2024 GAAP EPS includes special items of $0.17 (see
attachment 3) and $0.65 of intangible amortization expense (see attachment 1).
Organic sales grew in all
geographic regions with the U.S. and Canada growing at 6%, EMEA at 1%, Asia at 7% and
Latin America at 14%.”
2
Commenting on full year 2024 results, Dr.
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.
6
Investor Relations Contact:
Giuseppe (Joe) Di Salvo
Vice President, Treasurer and Investor Relations
Avient Corporation
+1 440-930-1921
giuseppe.disalvo@avient.com
Media Contact:
Kyle G.
https://www.avient.com/sites/default/files/2021-12/Chemically Resistant Materials Whitepaper.pdf
Figure 1.
Regarding tensile
properties, three additional categories granted
positive marks:
1.
REFERENCES
1.
https://www.avient.com/sites/default/files/2025-03/Cesa Anti-phenolic Yellowing Additive - Case Study.pptx.pdf
TPEE AND TPU FILM
MANUFACTURER
H O T M E L T A D H E S I V E F I L M
• Anti-phenol yellowing after storage
• Keep natural color of product
• No impact on melt flow ability
• Prevented the appearance quality from
yellowing after storage
• Had no negative impact on the product’s
mechanical properties
• Extended the shelf life and durability of the
product
CesaTM Anti-phenolic Yellowing Additive
KEY REQUIREMENTS
WHY AVIENT
AVIENT SOLUTION
FUNCTIONALITY + CONVENIENCE
LEARN MORE
Avient Corporation 1
https://www.avient.com/products/polymer-additives
Slide 1: TPEE and TPU Film MANUFACTURER
https://www.avient.com/sites/default/files/2023-11/Cesa Clean Processing Usage Guide.pdf
GUIDELINES FOR USING CESA CLEAN ADDITIVES
• Cesa Clean works best when molded maintaining normal (injection)
pressure/shear
• For best results, Avient recommends a “Running Color Change”
which eliminates breaks in the molding cycle
• Since the Cesa Clean concentrate will expand, it is recommended
to reduce the shot size by 20%
• It is designed for use at a let-down ratio (LDR) of 3.0% or (33:1); however,
use rate can vary depending on the severity of the contamination but
typically is 2.0–4.0% (a use rate higher than 6.0% may not have any
positive affect on the cleaning performance)
• Using Cesa Clean as a routine part of your color change rotation will
allow faster changes and consume a minimal amount of raw material
- Note: If the manifold is not cleaned routinely, this process may be
more time consuming and additional material will be required
• It is best to process at your normal polymer processing temperatures
- For best performance, stock temperature should be at least 400°F
- If 400°F is achieved during the purging process, no additional
activation will occur during the reprocessing of regrind
- All parts produced during the “Running Purge Cycle” should be
captured as regrind, resulting in a scrap-free color change
- If using sequential gates, open and close all gates at the same time
while purging the tool
- If contamination appears to be coming from one gate, open and
close first, and for an extended period of time, to force more material
through this location
- When cleaning in this manner, pay close attention to shot size
- Parts containing the previous or new color plus any Cesa Clean
can be used as regrind
INTRODUCING CESA CLEAN TO YOUR PROCESS
Hand Blend
• Hand weigh enough of the Cesa Clean and
natural resin mix to equate to 3–5 times the
barrel capacity
• Use rate should be 3.0% or 33:1 for routine
cleaning
• For difficult-to-clean tooling, or tooling which
is not routinely cleaned, start at 4.0% or 25:1
• Note: Do not attempt to vacuum load more than
15 feet from source as stratification/separation
may occur
Volumetric Feeder
• Calibrate feeder to dispense 3.0% or 33:1 for
routine cleaning
• For difficult-to-clean tooling, or tooling which
is not routinely cleaned, start at 4.0% or 25:1
• This style of feeder is highly recommended for
at-the-throat metering of Cesa Clean
Blending Units
Most blenders have an extra bin for an additive
• Fill the additive bin with Cesa Clean
• Set blender to introduce the Cesa Clean at
2.0 to 4.0%
• Note: Do not air convey any further than 15 feet
as Cesa Clean has a high density and may separate
from the mix.
https://www.avient.com/sites/default/files/2021-11/trade-register-lu1a-16112021.pdf
D_21_851633
Page 1 / 5
EXTRAIT
Avient S.à r.l.
Société à responsabilité limitée
Route de Bastogne
Parts détenues
Nombre
131 000
Administrateur(s) / Gérant(s)
Régime de signature statutaire
Sous réserve de la Loi Luxembourgeoise et des présents Statuts, la Société est valablement engagée ou représentée à
l'égard des tiers par : 10.1 si la Société a un Gérant Unique, la seule signature du Gérant Unique; 10.2 si la Société a plus
d'un (1) Gérant, la signature unique de tout Gérant, à condition cependant que si des catégories différentes de Gérants (à
savoir Gérant de catégorie A et Gérant de catégorie B) sont nommés, également la signature unique de tout Gérant (y
compris par le biais de la représentation); 10.3 la signature unique de toute personne à qui un tel pouvoir aura été délégué
conformément à l'Article 11.
Kennedy
1855
Réviseur d'entreprises agréé
01/07/2021
Déterminée
Date d'expiration du mandat
01/07/2024
Page 5 / 5
Pour extrait conforme [3]
Luxembourg, le 16/11/2021
Pour le gestionnaire du registre de commerce et des sociétés [4]
[1] Information mise à jour mensuellement sur base de l'article 12§3 de la loi modifiée du 19 décembre 2002 concernant le registre de commerce et des
sociétés ainsi que la comptabilité et les comptes annuels des entreprises
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
To provide comparable results, the company references “pro forma” financial
metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
GUIDANCE
11
14.8%
15.8%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Resilient demand for
composites and sustainable
solutions which improved
mix of higher margin
applications
• Deceleration of raw material
inflation
• Cost reduction activities
Q1 EBITDA BRIDGE
12
$ millions
CAI:
Price / Mix 19)
Inflation (4)
SEM:
Price / Mix 6)
Inflation (4)
Net Price Benefit 17)
Wage and Energy Inflation (13)
Cost Reductions 8)
FX (6)
Q1 2023 Actual $134)
Adjusted
EBITDA
Q1 2022 Pro Forma $ 176)
Demand (48) • Weak demand
conditions in-line
with previous
expectations
• Pricing continues to
cover inflation of raw
materials, wages
and energy
U.S. & Canada
40%
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
18%
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
13
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
To provide comparable results, the company references “pro forma” financial
metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
Avient 2011, 2018 and 2021 multiples reflect trailing 12 months EBITDA at December 31.
28
EV / 2023E EBITDA
6.5
8.5
11.0 10.8
16.1 15.5
14.1 14.0
10.3
21.0
19.0
14.3
12.1 11.8 11.7 11.5
9.7
11
21
23
PM AV
FM
Avient Historic Multiple
Avient Specialty
Other Specialty /
AP P E N DI X
30
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
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
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%
32
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2022 REVENUE | $2 .4 BILLION
US & Canada
34%
38%
END MARKET REGION
33
34%
21%
Building &
1% Energy
2%
COLOR, ADDITIVES & INKS
2022 PRO FORMA REVENUE | $1 .3 BILLION
US & Canada
52%
35%
34
19%
8%Industrial
16%
9% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
27%
14%
17%
Building &
(37% of sales)Transportation
12%
Building &
US &
Canada
(40% of sales)
7%
56%
23%
7%
Building &
1%
LATAM
(5% of sales)
3%
35
BY END MARKET
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/308837_en_46388.pdf
Martorell no.124
08740 Sant Andreu de la Barca
Spain
Scope
Category I
Production of customer specific Masterbatches for
Food packaging materials on the dedicated extrusion
lines
Normative base
ISO 22000:2018 Food Safety Management Systems - Requirements
for any organization in the food chain
Reg. no. 46388
Page 1 of 1
Validity 25. 02. 2024 – 24. 02. 2027
Issue 25. 02. 2024
A.Grisard, President SQS F.
https://www.avient.com/sites/default/files/resources/US_Avon%2520Lake%2520POC_RCMS%25202013.pdf
Microsoft Word - 55453- PolyOne Corporation RCMS 2013 Option 2.docx
ABS Quality Evaluations
Letter Of Conformity
Page 1 of 1
This is to confirm that the Environment, Health, Safety and Security Management System of:
PolyOne Corporation
33587 Walker Road
Avon Lake, OH 44012
U.S.A.
https://www.avient.com/sites/default/files/2024-10/CCG metallic sulfones case study_Final.pdf
AVIENT SOLUTION
SUSTAINABILITY + AESTHETICS
LEARN MORE
Avient Corporation 1
https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates/colorant-chromatics-metallic-effect-pre-colored-sulfone-colorants
Slide 1: Aviation COMPONENTs manufacturer