https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
EBITDA Margins
(1)
5.4%
11.5%
16.0%
2006 2018 2023E
• Delivered on organic growth combined with
transformative and bolt-on acquisitions
• Divested commodity businesses tied to more
cyclical end markets
• Expanded presence in high growth areas of
sustainable solutions, composites, healthcare
applications and emerging regions
LONG-TERM REVENUE GROWTH DRIVERS
Avient Corporation 14
Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other (GDP growth) 0–2%
Avient 6%
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
HISTORICAL GROWTH DRIVER PERFORMANCE
Avient Corporation 15
Composites
$51
$84
$212
$668
2016 2018 2020 2022
Organic CAGR
10%
Healthcare
$108 $113
$231
$293
2016 2018 2020 2022
Organic CAGR
11%
Asia/Emerging Regions
$265
$358
$726
$830
2016 2018 2020 2022
Organic CAGR
12%
$340
$455
$790
2016 2018 2020 2022
$1,175
Sustainable Solutions
Organic CAGR
11%
(Sales $ in millions)
Avient Corporation 16
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020 2021 2022
Revenue From Sustainable Solutions 2016-2022
($ in millions)
11%
Org
anic
CAG
R
$1,175M
Lightweighting
Eco-Conscious
Recycle Solutions
VOC Reduction
Sustainable Infrastructure
Human Health & Safety
Reduced Energy Use
Bio-polymers
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
SUSTAINABILITY: FOCUS TODAY
Sustainability Strategy
Walter Ripple
Vice President, Sustainability
Avient Corporation 17
OUR SUSTAINABILITY COMMITMENT
As the world’s premier provider of specialized and sustainable materials,
services, and solutions, Avient is committed to meeting the needs of the present
without compromising future generations’ ability to meet their needs.
Avient Corporation 19
Sustainability is integral to achieving our vision, mission, and
performance that:
• creates a safe and accepting environment that
empowers associates to perform to their fullest potential
• gives back to the communities where we work and live
• enables customers to innovate solutions that help make
the planet more sustainable
• protects the environment by addressing climate change,
conserving natural resources and preventing pollution
• actively manages risk for investors & yields
financial performance
Avient Corporation 20
EXTERNAL ALIGNMENT
DEEPLY EMBEDDED IN OUR CULTURE
Avient Corporation 21
MEGATRENDS OFFER OPPORTUNITIES FOR SUSTAINABLE SOLUTIONS
Advancements in
Technology
Transformation of
Municipalities
Lifestyle
Refresh
Rethinking
Globalization
Evolution of
Healthcare
Avient Corporation 22
SUSTAINABILITY TRENDS DRIVING
AVIENT’S GROWTH
Changes in consumer behavior driven by climate
change & desire to reduce plastics waste
Consumers seeking to buy more sustainable products
from more sustainable companies
Brand owner and retailer demand to meet
sustainability targets & needs
Rising emphasis on preserving and protecting
natural resources & human life
Increased current and pending government legislation
and regulations
CONSUMERS WANT SUSTAINABLE PRODUCTS
Source: Simon Kucher 2022
Avient Corporation 23
85%
Consider sustainability
when they purchase
60%
Rate sustainability as a key
criterion in
purchasing decisions
34%
Are willing to pay more for
sustainable products
25%
Average premium
consumers are willing to pay
for sustainable products
PURPOSE-DRIVEN CONSUMERS NOW LARGEST SEGMENT
Source: IBM / National Retail Federation 2022
Avient Corporation 24
“Purpose-driven consumers seek
products and brands that align with
their values and provide health and
wellness benefits.
CAFE: Corporate Average Fuel Economy
>50% Improvement
REDUCE – TAKEAWAY
Reducing Energy Consumption and Dependence on Fossil Fuels Drives Growth Projections
Examples
Covered
Today
45%
Other
Applications
55%
2022PF
$310M
38
46
CAFE1 Miles Per Gallon Proposed Requirements
HOW WE ENABLE SUSTAINABILITY
Preserve
Woon Keat Moh
Senior Vice President, President of Color, Additives and Inks –
Americas and Asia
Avient Corporation 61
PRESERVE
Avient Corporation 62
KEY CUSTOMER CHALLENGES:
• Preserving Key Natural Resources - Companies are being challenged to
mitigate high environmental impact processes such as water-intensive textile dyeing or
food spoilage
• Incorporating Renewable Materials - Adoption of bio-based raw materials
requires design and formulation expertise to overcome performance shortcomings of
neat resins
• Increasing Healthcare Regulations - Utilizing sustainable materials in
healthcare applications requires considerable support in navigating complex regulatory
requirements
• Increasing Regulatory Compliance - Non-Intentionally Added Substances
(NIAS) need to be controlled in sensitive applications
• Enabling Faster and More Reliable Connectivity – Substantial investments
in 5G infrastructure are required to unlock the potential of the Internet of Things
Solutions to preserve and
protect natural resources &
human life
Avient Corporation 63
Spin Dyed Precolor Textile Yarn
Renol™ Spin Dyeing Colorants
• Replaces water-based dye processes to reduce
waste creation
• Conserves water and energy
75%
LESS WATER
PROTECTIVE DENIM
Dyneema® Workwear Solutions
• Improves tear resistance 50-100%
• More protective than competitive alternatives
• Enables the amount of protective fiber to be
reduced without sacrificing performance
600%
IMPROVED ABRASION RESISTANCE
Clothing & Textiles
2022 Revenue: $49M
Avient Corporation 64
Low Cure Textile Inks
Avient Specialty Inks™ Low Cure Inks
• Decreases energy consumption
• Reduces scrap due to heat-related defects
SAVES ENERGY
Clothing & Textiles
2022 Revenue: $40M
BIO-BASED
FORMULATIONS
Water Based Textile Inks
Zodiac™ Aquarius™ Specialty Inks
• Incorporates bio-based materials
• Non-formaldehyde solutions available
• Reduces waste by enabling high open screen time
Avient Corporation 65
Mosquito Netting
Cesa™ Fiber Anti-Mosquito Additives
• Helps control malaria
• Protects consistently using a controlled
release of insecticide
• Expands access to healthcare
breakthroughs to global communities
ANNUAL NEW MALARIA CASES
200 Million
Antimicrobial Protection
Cesa™ WithStand™ Antimicrobial Additives
• Reduces microbial / mold growth
• Helps reduce odor, staining, discoloration
• Excellent comfort and wearability
• Chemical resistance - will not discolor
or degrade
REDUCES MICROBES
Human Health & Safety
2022 Revenue: $5M
Avient Corporation 66
Cut-Resistant Gloves
Dyneema® Solutions
• Incorporates bio-based materials
• Reduces carbon emissions
• Excellent wearability / comfort
WORK INJURIES
REDUCES
Rescue Rope
Dyneema® Solutions
• Superior strength-to-weight ratio
• High break load
• Extraordinary reliability
SAVES LIVES
Human Health & Safety
2022 Revenue: $106M
Body Armor
Dyneema® Protective Solutions
• Exceptional trauma protection
• Excellent wearability
LIGHTER
THAN ARAMID FIBER
35%
Avient Corporation 67
40%
BIO-DERIVED
Pharmaceutical Tubing
Versaflex™ Healthcare Pharma Tubing Formulations
NEU™ Specialty Engineered Materials
• Facilitates incorporation of sustainable materials
with healthcare device manufacturers
• Eliminates vulcanization processes
Medical
2022 Revenue: $40M
NON-PHTHALATE
Respiratory Conduit
Versaflex™ Healthcare Corrugated
Tubing Formulations
• Non-Phthalate
• ISO 10993 & USP Class VI compliant
Avient Corporation 68
100%
UP TO
BIO-BASED CARRIER
Medical Devices
Mevopur™ Bio-Based Colorants
• Minimizes risk through pre-testing
• Provides vital regulatory compliance
• Minimizes global supply chain risk with
validated backup supply
Continuous Glucose Monitoring
and Auto Injectors
Trilliant™ Healthcare Polymer Solutions
• Impact performance
• Chemical resistance
ENABLES HOME CARE
Medical
2022 Revenue: $16M
Avient Corporation 69
Fiber Optic Cable and Jacketing
Fiber-Line™ Optical Fiber Cable Components
• Reduction in weight & energy usage
• Thermal and abrasion resistant
• Extends product life
ENABLES CONNECTIVITY
Cable Micromodules
ECCOH™ Low Smoke Formulations
• Non-halogen
• Low smoke and toxicity
SUPPORTS SUSTAINABLE
INFRASTRUCTURE
Base Station Components
Edgetek™ Low-Density Formulations
• Low density – lighter weight
• Low warpage & thermal conductivity
EXTENDS PRODUCT LIFE
Antenna Components
PREPERM™ Low Loss
Dielectric Formulations
• Replaces costly ceramics
• Consistent and efficient antenna performance
ENHANCES
PERFORMANCE
5G Infrastructure
2022 Revenue: $39M
Avient Corporation 70
“Nike has partnered with Avient extensively over the years because of their leadership in
eco-friendly screen printing inks.”
https://www.avient.com/news/invisio-color-inspiration-2019-explores-color-strategies-rooted-art-and-design-evolution
It detours for a look at the sometimes-unnerving techno natural aesthetic of today, and investigates the ways that our shared heritage will leave its mark on upcoming color, material and finish preferences.
The 2019-and-beyond collection of four influential and emerging color palettes examines a world in flux, one where we honor our heritage, seek nature in materials, embrace techno-uncertainty, and cherish true craft.
Colors are tweaked and mixed into thousands of shades of taupe, mushroom, charcoal and oyster colors, all of which are common in natural stone.
https://www.avient.com/news/avient-extends-bio-based-polyolefin-range-utilizing-benefits-cellulose-fiber
The new grades utilize natural fillers from cellulose fiber, providing an alternative to conventionally filled polyolefins.
Incorporating a bio-based resin with a natural filler further enhances sustainability and reduces product carbon footprint compared to fossil feedstock alternatives.
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
https://www.avient.com/news/avient-adds-recycled-and-bio-based-polyolefin-formulations-its-sustainability-portfolio-k-2022
Maxxam™ BIO bio-based polyolefins are formulated with 15-100% bio-based resin and/or natural filler from renewable plant sources.
Maxxam™ BIO formulations are natural and are easy to color.
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation, and fiber optic / 5G network accessibility
https://www.avient.com/knowledge-base/article/overmolding-solutions
Versalloy™ HC 9210 & 9220 Series – Natural, colorable grades for PP overmolding
47 Shore A, Natural, colorable solution
Versaflex™ OM 1060 – Natural and black grades providing good surface finish
https://www.avient.com/resources/safety-data-sheets
GEON 87416 TAN 3340
GEON 87542 NATURAL 0210
GEON W9300 NAT 0000
https://www.avient.com/sites/default/files/2020-08/silcosperse-lm-product-bulletin-v2.pdf
KEY CHARACTERISTICS
• Provides laser marking options
of silicone materials
• Eliminates the needs for etching
and embossing
• Faster and cleaner than pad printing
• High contrast, permanent markings
• Mechanical properties of the silicone matrix
are maintained
• Compatible with various types of lasers
• Chemically resistant
• Available in pre-colored or natural
MARKETS AND APPLICATIONS
Silcosperse LM Laser Marking additive dispersions
are suitable for a variety of applications within
industries such as:
• Consumer Goods
• Electronics
• Healthcare
• Industrial
• Transportation
• Wire & Cable
Typical applications and purposes include:
• Traceability, UPC bar-coding, branding
• Unique Device Identification (UDI),
medical device ID’s
• Serialization for pharmaceutical packaging
• Safety taggants & equipment
• Automotive components
• Wire & cable part numbers or gauge size
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2022-12/Cesa Fiber Additives Soft Touch Effect Product Bulletin.pdf
Soft touch concentrates based on
natural additives and colors can also be developed
on request.
https://www.avient.com/sites/default/files/2024-11/Avient Announces Registration Details for December 4th Investor Day.pdf
Examples include:
• Dyneema®, the world’s strongest fiber™, enables unmatched levels of performance and
protection for end-use applications, including ballistic personal protection, marine and
sustainable infrastructure and outdoor sports
• Unique technologies that improve the recyclability of products and enable recycled content
to be incorporated, thus advancing a more circular economy
• Light-weighting solutions that replace heavier traditional materials like metal, glass and
wood, which can improve fuel efficiency in all modes of transportation and reduce carbon
footprint
• Sustainable infrastructure solutions that increase energy efficiency, renewable energy,
natural resource conservation and fiber optic / 5G network accessibility
Avient is certified ACC Responsible Care®, a founding member of the Alliance to End Plastic
Waste and certified Great Place to Work®.
https://www.avient.com/news/polyone-color-inspirations-2020-brings-visionary-concepts-focus
Colors in this palette reflect heightened natural hues found in nature.
Fluide focuses on the preference to express oneself freely, exploring the ever-evolving nature of a digital culture that supports shifting personas, beliefs, and ways of being as they move about freely online.