https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-processing-guide.pdf
Increase injection speed
Insufficient
Packaging
1.
https://www.avient.com/sites/default/files/resources/FAQs%2520for%2520PolyOne%2520GHS%2520Requirements%2520Ver%252006%2520April%25202015.pdf
The European Union has already required
several changes to SDSs under both the chemical registration framework of REACH, and the Classification
Labeling and Packaging (CLP) which result in similar format changes to those required under GHS.
https://www.avient.com/sites/default/files/2024-10/2024 AVNT Q3 Webcast Slides w appendix and non-GAAP.pdf
FX +8.5%
FX -0.4%
Total Avient +8.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
COLOR, ADDITIVES & INKS SEGMENT
$487
$522
$89
$97
(in millions) (in millions)
7
+ 7%
(+8% excluding FX)
+ 9%
(+11% excluding FX)
18.3%
+40 bps *18.7%
*
* Adjusted EBITDA Margin %
• Sales growth driven by winning
new product specifications in
consumer & packaging, strong
underlying demand in healthcare
and improving demand in building
& construction
• Favorable mix and raw material
deflation contributed to EBITDA
margin expansion
SPECIALTY ENGINEERED MATERIALS SEGMENT
$268
$295
$51
$57
(in millions) (in millions)
8
• Sales growth driven by restocking
in healthcare & consumer end
markets and strong underlying
demand for composite
applications used in building &
construction, energy and defense
end markets
• Favorable mix contributed to
EBITDA margin expansion
+ 10%
(+10% excluding FX)
+ 12%
(+13% excluding FX)
19.0%
+40 bps *19.4%
*
* Adjusted EBITDA Margin %
2024 G U IDA N CE
FY 2024 GUIDANCE
Previous (Aug 6) Current
Adjusted EPS $2.55 to $2.70 $2.63 to $2.67
Adjusted EBITDA $515 to $540 million $525 to $530 million
Interest Expense $105 million $104 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures &
Investment in S/4 Hana
~$140 million ~$140 million
10
11
• Investor Day to be held December 4, 2024 at
the NYSE, beginning at 10AM
• The focus will be to do a deep dive on the
Company’s strategy
• Registration and microsite will be available in
early November
2024 AVIENT INVESTOR DAY
AP P EN D IX
18
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
36%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
7%
20
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 B ILL ION
34%
37%
21%
END MARKET REGION
21
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 B ILL ION
52%
35%
22
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
23
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/products/polymer-colorants/healthcare-colorants
Color can be added to plastics used in medical devices and pharmaceutical packaging for brand recognition, increased appeal, or drug identification.
Cesa™ Raise Heat Stability Modifier for APET Packaging
Rejoin™ PCR Colorants
https://www.avient.com/products/polymer-additives/barrier-and-scavenger-additives
Control and reduce AA levels by up to 80% helping to avoid off-tastes in your PET-packaged water.
Cesa™ Raise Heat Stability Modifier for APET Packaging
Rejoin™ PCR Colorants
https://www.avient.com/products/polymer-additives/clarifier-additives
Create the shelf impact you’re looking for with high-clarity parts and packaging.
Cesa™ Raise Heat Stability Modifier for APET Packaging
Rejoin™ PCR Colorants
https://www.avient.com/products/polymer-colorants/liquid-color-concentrates-and-dosing
Create real shelf-impact with unique liquid colorants for PET packaging
Cesa™ Raise Heat Stability Modifier for APET Packaging
Rejoin™ PCR Colorants
https://www.avient.com/products/polymer-additives/healthcare-additives
This portfolio includes color and additive solutions in liquid form specially formulated for liquid silicone rubber (LSR) and liquid amber colorants for pharma packaging.
Cesa™ Raise Heat Stability Modifier for APET Packaging
Rejoin™ PCR Colorants
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-performance-enhancing-processes
Optimized winding process ensures solid package stability and helps increase line speeds
Cesa™ Raise Heat Stability Modifier for APET Packaging
Rejoin™ PCR Colorants
https://www.avient.com/products/polymer-additives/laser-marking-additives
Specifically developed for healthcare applications, including medical devices and pharma packaging.
Cesa™ Raise Heat Stability Modifier for APET Packaging
Rejoin™ PCR Colorants