https://www.avient.com/idea/could-polyketone-be-next-generation-nylon-alternative
30% H₂SO₄, 24 HRs, 23°C
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Microsoft PowerPoint - AVNT Fermium Conference - May 2023
AVIENT CORPORATION
I N V E S T O R P R E S E N T A T I O N
(NYSE: AVNT)
M AY 4 , 2 0 2 3
H O S T E D B Y :
DISCLAIMER
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
WHAT WE DO: MATERIAL SCIENCE
5
CUSTOM
FORMULATION
M AY 3 , 2023
W EB CAS T
Keeping Safety First
o Relentless focus on best-in-class safety performance as an
ACC Responsible Care® organization
Exceeding Customer Expectations
o Complementary technologies and customer relationships offer
opportunity for future revenue synergies
o Proven innovation-led commercial strategy with strong brands
and participation across the full value chain
Collaboration in Innovation
o Leveraging Dyneema®, the world’s strongest fiber™, to
accelerate growth of sustainable, ultralight and high
performance applications
People – Culture is Everything
o Talented, passionate and collaborative associates drive an
effective integration strategy
o Strong Great Places to Work® scores reflect positive
integration efforts in first year
AVIENT PROTECTIVE MATERIALS INTEGRATION
7
AVIENT PROTECTIVE MATERIALS
K E Y I N D U S T R I E S
PERSONAL PROTECTION
Military • Law Enforcement • First
Responders • Body Armor • Helmets •
Vehicle Protection
50%
MARINE & SUSTAINABLE
INFRASTRUCTURE
Towing / Mooring • Aquaculture •
Floating Wind • Offshore Cranes
30%
CONSUMER
Consumer • Outdoor High Performance •
Safety Equipment
8 Figures reflect approximate proportions of 2022 sales
Q 1 P ER FO RM A N CE
Q1 2023 PERFORMANCE VS.
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/2020-10/hiformer-case-study.pdf
C A S T A N D B L O W N F I L M
LEADING PACKAGING
FILM SUPPLIER
• Improve quality, limiting melt fracture and die built up
• Increase productivity, reducing cleaning frequency
• More sustainable manufacturing process
• Regulatory compliance
HIFORMER™ Liquid Polymer Processing Aid
AVIENT SOLUTION
• Increased processing efficiency and overall productivity
with low let down ratio
• Delivered significant improvement in melt fracture and
die build up
• Sustainability benefits provided, including possibility for
longer production runs, reduced energy consumption
and less waste
WHY AVIENT
K E Y RE Q U I RE M E N T S
P R O D U C T I V I T Y + S U S TA I N A B I L I T Y
LEARN MORE
https://www.avient.com/resources/safety-data-sheets?page=4253
Geon(TM) V7041-70 A-50MM White Plastisol Ho
STAN-TONE DB-15597 HI LITE BLUE
https://www.avient.com/sites/default/files/2021-09/avient2020sustainabilityreport-9-2-21.pdf
Gyor, Hungary 70.
We will build strong relationships with providers of leading-edge
sustainable technologies.
25
35
45
55
65
75
R&D Spend
U
.S
.
ColorMatrix™ Optica™ Toners
Blue toners and colorants work to correct and reduce
the yellowing or color variation that typically occurs
during the recycling process.
https://www.avient.com/sites/default/files/2020-10/tpe-injection-molding-guide.pdf
H-13
Good general purpose tool steel.
Typical Sprue Designs for Various Hardness Values
Typical TPE Hardness
Range
Most Common Sprue Puller Types Figure
>50 Shore A Tapered, Pin, Z-Type 3, 4 and 6
40-70 Shore A Undercut 5
5-40 Shore A Pine Tree 7
Hot sprue bushings and extended nozzles may also be used with GLS TPEs.
Organic pigments used to produce yellow, red, blue
and green colors are more likely to change color after prolonged residence time or high
regrind levels.
https://www.avient.com/industries/packaging/food-packaging/condiments
Versaflex CE Blue Jean Stain Resistant TPEs
Versaflex CE Blue Jean Stain Resistant TPEs - Application Bulletin
Learn how blue jean stain resistant TPEs make the difference for white and light-colored phone cases
https://www.avient.com/industries/packaging/food-packaging/shelf-stable-food
Versaflex CE Blue Jean Stain Resistant TPEs
Versaflex CE Blue Jean Stain Resistant TPEs - Application Bulletin
Learn how blue jean stain resistant TPEs make the difference for white and light-colored phone cases
https://www.avient.com/sites/default/files/resources/Lahnstein_ISO50001.pdf
Müller, CEO SQS
66
70
_2
/ J
un
e
20
19
/ V
er
si
on
2
.0
A.
https://www.avient.com/sites/default/files/2023-10/Stat-Tech TPE - Cable Gromet - Case Study Snapshot.pdf
AUTOMOTIVE MIRROR &
CAMERA MANUFACTURER
C A B L E G R O M M E T
• Electrically conductive