https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
Packaging and
Packaging Waste Directive)
Sources: UN Environment Programme; Deloitte; McKinsey & Company;
European Commission: Environment
SOLVING CHALLENGES IN KEY END MARKETS
Avient Corporation 33
Transportation
VOC reduction
Bio-based content
Eco-conscious
Food waste reduction
Sustainable
Infrastructure
Eco-conscious
Resource conservation
HOW AVIENT INNOVATION ENABLES SUSTAINABLITY
Avient Corporation 34
Solutions to increase recycled
content and minimize plastic waste
Solutions to reduce weight and
energy consumption
Solutions to preserve and protect
natural resources & human life
HOW WE ENABLE SUSTAINABILITY
Renew
Michael Garratt
Senior Vice President, President of Color, Additives and Inks – EMEA
Avient Corporation 35
RENEW
Avient Corporation 36
• Meet Aggressive Sustainability Goals - While brand owners have made
strong, public sustainability commitments – many are currently trailing far
behind goals
• Develop Strategies to Minimize Plastic Waste - Plastic waste remains
a global priority with consumers and legislatures – forcing brand owners to
implement tangible mitigation strategies
• Increase Post Consumer Recycle (PCR) Utilization & Post
Consumer Recycle Availability - Increasing the use of PCR is far more
challenging than many companies had anticipated
• Meet Legislation Requirements - Legislatures are drafting financial
penalties for companies unable or unwilling to meet post-consumer recycled
content targets
Solutions to increase
recycled content and
minimize plastic waste
PLASTICS ARE PART OF THE SOLUTION
Avient Corporation 37
Source: Franklin Associates / American Chemistry Council
PLASTIC ALTERNATIVE PACKAGING (GLASS + ALUMINUM + PAPER)
2x More energy
3x More greenhouse
gas emissions
5x More waste
6x More waterWater
Waste
Emissions
Energy
BRAND OWNER PROGRESS AGAINST COMMITMENTS
39%
29%
37%
16%
6%
0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 45.0% 50.0%
Brand Owner 1
Brand Owner 2
Brand Owner 3
Brand Owner 4
Brand Owner 5
Brand Owner 6
Brand Owner 7
Brand Owner 8
Brand Owner 9
Brand Owner 10
Percent Recycled Plastic Used
Progress through 2022
Gap to reach 2025 targets
Source: Ellen MacArthur Foundation 2022
Avient Corporation 38
Color
Management
Maintaining
Mechanical
Properties
Decontamination Mono-Material
Construction Consistent Quality
TOP 5 GAPS TO RECYCLE CONTENT UTILIZATION
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Avient Corporation 40
Food & Beverage Packaging
2022 Revenue: $43M
Taste and Odor Management
ColorMatrix™ AAnchor Scavenger
• Improves recyclability
• Reduces regulatory risk from migration issues
ACETALDEHYDE REDUCTION Recyclable Oxygen Barrier
ColorMatrix™ Capture ™ Oxygen Scavenger
• Protects recyclate - maintains clarity with no
discoloration
• Enables higher rPET content utilization
rPET UTILIZATION
Food & Beverage Packaging
2022 Revenue: $88M
PCR Performance Additives
ColorMatrix™ SmartHeat™
• Lowers energy use - CO2 Emissions
• Reduces yellowing and thermal instability
• Enables increased use of rPET
• Minimal impact on part color
35%
LOWER CARBON EMISSIONS
THINNER WALLS
Reduced Wall Thickness Packaging
ColorMatrix™ Ultimate™UV Light Barrier Stabilizer
Cesa™ Light Additives
• Protects ingredients from UV degradation
• Enables reduced wall thicknesses
• No negative effect on recycling
Increased Recycle Content
ColorMatrix™ Process Aid and Toner for
Recycled PET (rPET)
• Improves ability to recycle PET
• Enables higher percentages of recycled content
• Provides superior aesthetics
• Prevents degradation of physical properties
ENHANCES RECYCLING
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Avient Corporation 42
Design for Recycling
CycleWorks™ Center for Mechanical Recycling
• Recycling trials and field testing
• Solutions evaluation and screening
• Customer collaboration
EXPANDS PCR USAGE
PCR Color Prediction Service
• Enables use of lower-quality PCR
• Predicts achievable colors
• Increases PCR utilization rates
• Helps brands to achieve PCR usage goals
CONSUMERS:
CHOOSE BASED ON COLOR
CycleWorks™ Center
Milan, Italy
Additives for Recycling
2022 Revenue: $50M
Stabilization During Recycling
Cesa™ A4R Additives for Recycling
• Enables multi-loop recycling
• Stabilizes recyclate during processing
• Reduces discoloration, gels, and black spots
PCR UTILIZATION
ENABLES
Personal Care Packaging
New Product
Avient Corporation 43
Bio-Based Phone Case
reSound™ OM BIO-based Thermoplastic Elastomers
• Derived from non-fossil-based raw materials
• Good property retention and UV resistance
BIO-BASED CONTENT
Avient Corporation 44
High PCR Content Razor
reSound™ Recycled Thermoplastic Elastomers
• Excellent processability
62%
2022 Revenue: $1M
Carbon Footprint Analysis
Carbon Footprint Mapping Service
• Provides input metrics for independent brand
carbon footprint calculations
• Aligns with a defined ISO standard, certified by
TUV Rhineland
ENABLES
CARBON AWARENESS
Avient Corporation 45
2022 Revenue: $1M
Portable Power Station
Nymax™ Recycled Nylon
• Recycle content up to 60%
• Excellent weathering performance
• Reduces weight
Swim Goggles
reSound™ BIO Thermoplastic Elastomers
• Performs like traditional TPE
35 - 70%
BIO-RENEWABLE CONTENT
Avient Corporation 46
2022 Revenue: $3M
Off Road Vehicle Structural Components
Nymax™ REC Reinforced Nylon
• Replaces steel/aluminum
• Excellent fatigue resistance
INCORPORATES
Avient Corporation 47
“Avient’s bio-circular materials for our Biofuse 2.0 goggles are a real game changer that
will set Speedo apart from the competition - and will support our aim of reducing
environmental impact.”
LAND-BASED)
Avient Corporation 58
Solar Power Wire and Cable
Syncure™ and ECCOH™ Photovoltaic Polymers
• Supports installation of sustainable infrastructure for
renewable energy
• Reduces energy consumption vs. radiation cross-linking process
• Extends useful life for cables
EXTENDS PRODUCT LIFE
Alternative Energy
2022 Revenue: $26M
Wind Turbine Towing Lines
Dyneema® Rope
• Weightless when submerged
• Smaller diameter for equal strength = larger winch capacities
• Reduces drag for improved towing
STRONGER THAN STEEL
15x
Wind Blade Root Stiffener
Glasforms™ Composites
• Provides enabling technology that supports adoption of
alternative energy
• Withstands fatigue for extended product life
ENABLES WIND ENERGY
Avient Corporation 59
“We believe that sustainability and innovation go hand-in-hand and the team at Harley-
Davidson is excited about Avient’s recently launched Bio-Based TPE for our
handlebar grips.”
Per Carlsson, Manufacturing and Operations
Avient Corporation 71
80
2022 2030
Medical Plastics Market Size
PRESERVE – TAKEAWAY
Protecting Human Life and Enabling Connectivity Drives Growth Projections
Examples
Covered
56%
Other Applications
44%
2022
$525M (in
$
Bi
lli
s)
8% CAGR 34% CAGR
5G Infrastructure Market Size
12
92
10
70
80
2023 2024 2025 2026 2027 2028 2029 2030
(in
$
Bi
lli
s)
Source: Grand View Research Source: Global Data
Summary
Senior Vice President and Chief Financial Officer
Avient Corporation 72
OUR SUSTAINABILITY REPORT
Avient Corporation 73
Avient Corporation 74
2030 SUSTAINABILITY GOALS
Avient Corporation 75
PERFORMANCE AND RECOGNITION
1
2
5
ESG Ratings Performance
ESG Awards and Certifications
top 13%
94th
percentile
Avient Corporation 76
SUSTAINABILITY INNOVATION AWARDS
Ultra-Low Carbon
Footprint TPE
Innovation Award, Finalist:
PCR Colorants + Additives
Sustainable Packaging Innovation,
Finalist: U.S.
https://www.avient.com/news/avient-debuts-thermoballistic-thermoplastic-composite-panels-camx-2023
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Avient Debuts ThermoBallistic™ Thermoplastic Composite Panels at CAMX 2023
ThermoBallistic™ thermoplastic composite panels
Thermoplastic Composites:
https://www.avient.com/sites/default/files/2021-09/versaflex-low-adhesion-build-up-solution-product-bulletin.pdf
Versaflex™ CF Low Adhesive Build-up TPE
for Protective Film Tack Layer
Protective films guard the surface of finished goods
from initial fabrication through assembly, shipment,
storage, and installation.
Versaflex™ CF 6668 low adhesion build-up TPE for
protective film meets that need.
It can
also be recycled as thermoplastic material.
https://www.avient.com/resource-center?document_type=59&page=29
FireCon™ Thermoplastic CPE-A (Spanish)
General extrusion guidelines for FireCon™ Thermoplastic CPE-A (Spanish language version)
Versaflex™ Thermoplastic Elastomers improved chemical resistance for cosmetic droppers
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Global%2520Engineered%2520Materials.pdf
Nikrant
Page 67
United
States
36%
Europe
36%
Canada
2%
Asia
20%
Latin
America
2011 Revenue: $0.6 Billion2011 Revenue: $0.6 Billion SolutionsSolutions
At a Glance
Appliance
6% Building &
Construction
3%
Wire & Cable
14%
Electrical &
Electronics
14%Consumer
21%
Packaging
5%
Industrial
8%
Misc.
3%
HealthCare
5%
Transportation
21%
America
6%
2011 Revenue by Industry Segment2011 Revenue by Industry Segment
1.1% 1.3%
3.4%
5.1%
9.6%
8.0%
12-16%
2006 2007 2008 2009 2010 2011 2015
Operating Income % of Sales
Target
Expanding ProfitsExpanding Profits
Page 68
Value Proposition
• GSEM is a global leader providing complete specialty solutions encompassing
innovative technologies and services to enable customer success
Transformation Highlights
• Dramatic turnaround of the Engineered Materials business through mix
improvement and specialty focus
Value Proposition and Transformation Highlights
improvement and specialty focus
• GLS acquisition successfully integrated, having more than
doubled earnings in 3 years
• PolyOne culture and strategy now engrained worldwide
• Expansion into healthcare with dedicated resources
> $15B Addressable Market
Page 69
• Polymer design, formulation and service expertise
• Broad, global technology base and regional centers
of excellence
• Ten innovation centers around the world
Key Differentiators
• Ten innovation centers around the world
• Specialty brand leadership with
PolyOne, GLS, NEU and ECCOH
• Ability to leverage global key
account team
Page 70
From Volume
Commodity-driven product portfolio
To Value
Specialty technology and solutions
EM North America Transformation
Volume Sales Gross Margin $
Mix Transformation – Executing the Strategy
2006 2011 2006 2011 2006 2011
Page 71
$12
$29
Operating Income
($ in millions)
• Provided access to new customers
in specialized, high-growth markets
such as healthcare and consumer
• Strategic partner to many of the
world’s best-known companies
GLS Integration Success
16.9%
8.2%
2007 2011
2007 2011
Working Capital % of Sales
• Complementary global footprint
provided additional cross-selling
opportunities
• Opportunity to expand margins
and drive working capital
improvement while remaining
customer-focused
Page 72
$1.3
$27.6
2006 2011
Healthcare Revenue
• Investment in dedicated
healthcare team to drive
penetration and growth
• Leverage product portfolio
globally & win specialty business
Areas of Focus
$10.5
$117.9
2006 2011
Consumer Revenue
2006 2011globally & win specialty business
in targeted markets
• Aggressively commercialize
specialty innovation platforms
• Utilize our innovation centers to
influence OEM design
(Revenue in $ millions)
Page 73
• Carbon Nanotube Formulations
� Applications: Semiconductor equipment, hard drives
� Customer benefits: Scrap cost reduction and
clean conductivity
• Thermally Conductive Solutions
Applications: Sockets and bulb holders for LED lighting
Key Innovations
� Applications: Sockets and bulb holders for LED lighting
� Customer benefits: Cost reduction, energy saving, and
design flexibility
• FDA-Regulated TPEs
� Applications: Food packaging seals, intravenous delivery
systems, medical stoppers, prefilled syringes
� Customer benefits: Clean and safe elastomers for highly
regulated applications
Page 74
Critical Imperatives and 2015 Goal
Critical Imperatives
• Commercialize critical new technology platforms
• Manage the mix as we continue to drive
the transformation
• Global translation of commercial successes
2015 Goal
• 12 - 16% return on sales
Page 75
Page 76
https://www.avient.com/sites/default/files/2024-03/Walter Ripple_Bio.pdf
He served in various sales
and marketing leadership roles within the company’s global thermoplastic elastomers
division, culminating in his promotion to vice president and general manager.
Before
joining Avient, he held various commercial roles in the specialty elastomers and specialty
polybutylene businesses at Shell Chemical Company.
https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Walter Ripplepdf.pdf
He served in various sales
and marketing leadership roles within the company’s global thermoplastic elastomers
division, culminating in his promotion to Vice President and General Manager.
Before
joining Avient, he held various commercial roles in the specialty elastomers and specialty
polybutylene businesses at Shell Chemical Company.
https://www.avient.com/sites/default/files/2025-04/WalterRipple_bio.pdf
He served in various sales
and marketing leadership roles within the company’s global thermoplastic elastomers
division, culminating in his promotion to Vice President and General Manager.
Before
joining Avient, he held various commercial roles in the specialty elastomers and specialty
polybutylene businesses at Shell Chemical Company.
https://www.avient.com/news/polyone-carves-out-new-terrain-thermoplastic-composites-camx-2019
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News Center
//
PolyOne Carves Out New Terrain with Thermoplastic Composites at CAMX 2019
Caption: The Rome Black Label snowboard binding features Polystrand™ continuous fiber reinforced thermoplastic composite materials from PolyOne
ANAHEIM, CA – September 23, 2019 – PolyOne (NYSE:POL) is highlighting hands-on, continuous fiber reinforced thermoplastic (CFRTP) composite demonstrations, a new snowboard binding application, and the addition of a new thermoplastic composites innovation lab at the Composites and Advanced Materials Expo (CAMX) 2019 tradeshow this week.
https://www.avient.com/resource-center?document_type=59&page=23
Processing & Design Guide: Polystrand™ Thermoplastic Composites
Recommendations & key considerations for processing and part design with continuous fiber reinforced thermoplastics
Formulated TPE with 43% bio-based content plus favorable UV resistance and vibration damping performance compared to standard TPE