https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements
They’ve put a lot of bulky metal, glass, and stone out of work since they came on the scene in a big way back in the 1950s.
Graphene is a flat, single layer of carbon atoms in sheet form that is significantly stronger than steel.3 It has a high surface area-to-volume ratio, high tensile strength (how much it can stretch before it breaks), and high electron mobility (the speed at which its electrons move when voltage is applied).4 Graphene is not a new material, but it recently became commercially available and is now being used as a polymer additive.
Other keys to molding electrically conductive compounds are slow injection speeds and low back pressure (e.g., 50 psi).1 Use 50 percent to 75 percent of the injection pressure for the pack and hold pressure.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=21506
They’ve put a lot of bulky metal, glass, and stone out of work since they came on the scene in a big way back in the 1950s.
Graphene is a flat, single layer of carbon atoms in sheet form that is significantly stronger than steel.3 It has a high surface area-to-volume ratio, high tensile strength (how much it can stretch before it breaks), and high electron mobility (the speed at which its electrons move when voltage is applied).4 Graphene is not a new material, but it recently became commercially available and is now being used as a polymer additive.
Other keys to molding electrically conductive compounds are slow injection speeds and low back pressure (e.g., 50 psi).1 Use 50 percent to 75 percent of the injection pressure for the pack and hold pressure.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=6599
They’ve put a lot of bulky metal, glass, and stone out of work since they came on the scene in a big way back in the 1950s.
Graphene is a flat, single layer of carbon atoms in sheet form that is significantly stronger than steel.3 It has a high surface area-to-volume ratio, high tensile strength (how much it can stretch before it breaks), and high electron mobility (the speed at which its electrons move when voltage is applied).4 Graphene is not a new material, but it recently became commercially available and is now being used as a polymer additive.
Other keys to molding electrically conductive compounds are slow injection speeds and low back pressure (e.g., 50 psi).1 Use 50 percent to 75 percent of the injection pressure for the pack and hold pressure.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=6601
They’ve put a lot of bulky metal, glass, and stone out of work since they came on the scene in a big way back in the 1950s.
Graphene is a flat, single layer of carbon atoms in sheet form that is significantly stronger than steel.3 It has a high surface area-to-volume ratio, high tensile strength (how much it can stretch before it breaks), and high electron mobility (the speed at which its electrons move when voltage is applied).4 Graphene is not a new material, but it recently became commercially available and is now being used as a polymer additive.
Other keys to molding electrically conductive compounds are slow injection speeds and low back pressure (e.g., 50 psi).1 Use 50 percent to 75 percent of the injection pressure for the pack and hold pressure.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=21509
They’ve put a lot of bulky metal, glass, and stone out of work since they came on the scene in a big way back in the 1950s.
Graphene is a flat, single layer of carbon atoms in sheet form that is significantly stronger than steel.3 It has a high surface area-to-volume ratio, high tensile strength (how much it can stretch before it breaks), and high electron mobility (the speed at which its electrons move when voltage is applied).4 Graphene is not a new material, but it recently became commercially available and is now being used as a polymer additive.
Other keys to molding electrically conductive compounds are slow injection speeds and low back pressure (e.g., 50 psi).1 Use 50 percent to 75 percent of the injection pressure for the pack and hold pressure.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=6598
They’ve put a lot of bulky metal, glass, and stone out of work since they came on the scene in a big way back in the 1950s.
Graphene is a flat, single layer of carbon atoms in sheet form that is significantly stronger than steel.3 It has a high surface area-to-volume ratio, high tensile strength (how much it can stretch before it breaks), and high electron mobility (the speed at which its electrons move when voltage is applied).4 Graphene is not a new material, but it recently became commercially available and is now being used as a polymer additive.
Other keys to molding electrically conductive compounds are slow injection speeds and low back pressure (e.g., 50 psi).1 Use 50 percent to 75 percent of the injection pressure for the pack and hold pressure.
https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?ind[]=21508
They’ve put a lot of bulky metal, glass, and stone out of work since they came on the scene in a big way back in the 1950s.
Graphene is a flat, single layer of carbon atoms in sheet form that is significantly stronger than steel.3 It has a high surface area-to-volume ratio, high tensile strength (how much it can stretch before it breaks), and high electron mobility (the speed at which its electrons move when voltage is applied).4 Graphene is not a new material, but it recently became commercially available and is now being used as a polymer additive.
Other keys to molding electrically conductive compounds are slow injection speeds and low back pressure (e.g., 50 psi).1 Use 50 percent to 75 percent of the injection pressure for the pack and hold pressure.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_final2.pdf
Avient holds all managers accountable for this behavior and
leadership.
Q: Someone just asked me to hold the door open for
them to help them enter one of our buildings.
We hold ourselves
accountable—to each other and our stakeholders—and take
personal responsibility for our actions and results.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.2
T RAN S FO R MAT IO NAL
OVE RV IE W
Avient Protective
Materials
Dyneema
®
RECENT TRANSACTIONS
Acquired Divested
$1.45 B $0.95 B
4
Distribution
UPDATED CAPITAL STRUCTURE
& LIQUIDITY
• Proceeds from completed
sale of Distribution used to
pay near-term maturing debt
to strengthen balance sheet
• Fixed/floating debt ratio of
~55/45
• Proven track record of
deleveraging following major
acquisitions through strong
free cash flow generation
• 2022 pro forma net
debt/adjusted EBITDA
expected to be 3.1x
$725 $725
$575 $500
$600
$525
$650
$650
$600
Capital Structure
Cash
$544
Undrawn
Revolver
$250
Liquidity
$3.15B
$2.40B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
2023 Notes
After Dyneema
Acquisition
After Distribution
Divestiture
$794M
(1) $250M reflects estimated undrawn revolver following the divestiture of Distribution
5
PREVIOUS TRANSACTIONS
Performance
Solutions
Products &
$0.8 B
COLOR
$1.4 B
Acquired (2020)Divested (2019)
6
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $75 million of realized synergies anticipated in 2022
• Acquisition completed on July 1, 2020 for $1.45 billion.
OPS)
16
Sales Adjusted EBITDA
$818 $823
+ 1%
Adjusted EPS
+ 8% - 3%
(in millions) (in millions)
(+ 9% excluding FX) (+ 18% excluding FX) (+ 5% excluding FX)
Q3 EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
17
Price increases more than
offset raw material and
supply chain impacts
$ millions
CAI:
Price / Mix 68
Inflation (44)
SEM:
Price / Mix 41
Inflation (26)
Net Price Benefit 39
Wage and Energy Inflation (14)
Clariant Color Integration Synergies 6
Incentives, Other Employee Costs 14
FX (11)
Q3 2022 $137
Adjusted
Q3 2021 $ 142
Demand (39)
Q3 2022 SEGMENT PERFORMANCE
18
CAI
$587
$566
Sales
$93 $93
SEM Pro Forma
$326 $319
Sales
$70
$62
(+ 4% excluding FX)
- 4% - 2%
(+ 5% excluding FX)
Flat
(+ 7% excluding FX)
- 11%
(- 7% excluding FX)
$500
$585
$2.60
$2.95
FULL YEAR 2022 GUIDANCE
19
Sales Adjusted EBITDA
$3,375
$3,635
Adjusted EPS
(in millions) (in millions)
20
SUMMARY
• Executed the plans we laid out earlier this year
• Completed the Dyneema acquisition and Distribution divestiture
amid challenging market conditions
• Paid down debt and expect to finish the year modestly levered at
3.1x net debt to 2022 pro forma adjusted EBITDA
• Expect $200 million of free cash flow in 2022
• Entering an economic slowdown with a portfolio that is better
positioned than ever before
• Updated our EPS guidance to $2.60 from continuing operations
SEGMENT DATA
U.S. & Canada
Latin America
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
21%
Building and
END MARKET REVENUE
(1) Total company adjusted EBITDA of $585M includes corporate costs.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_5.pdf
Barcelona, Spain 4.
Wulfsohn
Former Chairman and
Chief Executive Officer,
Ashland Global Holdings, Inc.
VOCs: 669.99 MT
4.