https://www.avient.com/zodiac-aquarius/aquarius-pigment-concentrates
Zodiac™ Aquarius™ Yellow G
Zodiac™ Aquarius™ Blue G
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/high-performance-synthetic-fibers/zylon-pbo-fiber
Breaking Tenacity (g/d)
Tensile Modulus (g/d)
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/high-performance-synthetic-fibers/nomex-meta-aramid
Breaking Tenacity (g/d)
Tensile Modulus (g/d)
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
Outdoor High Performance) 8 18% 3 Growth in Asia / LATAM 6 3% 2 Other 100 19% 5 Sub-total $1,327 14% $146 Outdoor High Performance Impact (5) (3) Wage Inflation and Overtime (11) Other Supply Chain Costs (4) Synergies 5 Incentives, Other Employee Costs 8 FX (28) (5) Q1 2022 $1,294 11% $136 Q1 2022 SALES AND OPERATING INCOME (TOTAL COMPANY) 6 Sales Growth Rate Adjusted Operating Income$ millions Adjusted EBITDA Q1 EBITDA BRIDGE 7 Price increases more than offset raw material and supply chain impacts Q1 2021 $ 161 Demand (23) $ millions CAI: Price / Mix 77 Inflation (54) SEM: Price / Mix 41 Inflation (26) Distribution: Price / Mix 84 Inflation (82) Net Price Benefit 40 Wage Inflation and Overtime (11) Other Supply Chain Costs (4) Synergies 5 Incentives, Other Employee Costs 8 FX (5) Q1 2022 $ 171 China Lockdowns / Russia Impact $ (7) Transportation (7) Outdoor High Performance (3) Q1 EPS BRIDGE 8 Q1 2021 - Adjusted EPS 0.89$ CAI 0.08 Specialty Engineered Materials 0.06 Distribution 0.00 Corporate Costs 0.02 F/X (0.04) Segment OI 0.12 Tax Rate (0.02) Q1 2022 - Adjusted EPS 0.99$ 10 15x stronger than steel Reduces weight by 30% vs. other solutions Well-maintained global asset base poised to serve growing demand • Purchase price of $1.48B represents 11.4x multiple of 2022 EBITDA • Acquisition will expand Avient’s composites and fiber portfolio with Dyneema®, the World’s Strongest Fiber™ • $415M sales and 30%+ EBITDA margins; Immediately accretive to pro forma 2022 EPS, adding $0.35 • 1,300 patents globally, ~50% of sales patent protected • 1,000+ employees across global production network and dedicated technology centers • Composites platform will increase from $261M to $680M in revenue and from $49M to $180M in EBITDA Indicates Dyneema® location $175M (42%) $65M (16%) $175M (42%) 2022E Sales By Region ($M) (1) $0.35 EPS excludes intangible amortization (2) Based on 2022 expected results (1) (2) (2) FIT WITH FOUR PILLAR STRATEGY 11 Specialization • Innovation-led organization with tremendous intellectual property value in trademarks, patents and “know-how” • Deep history of application development and premium, leading brand with the World’s Strongest FiberTM Globalization • Global customer base with an established presence across all major geographic regions • Global technology centers complement existing Composites applications and expertise Operational Excellence • Best-in-class safety performance • Well-run and maintained asset base fit to serve future growth • Highly effective and reliable supply chain with emphasis on optimizing service to customers Commercial Excellence • Deep customer relationships extend across the value chain and drive ability to grow • Offer a full suite of services with an active role in design, development and commercialization People Experienced and talented associates with a passion for safety, specialization and winning DYNEEMA® OVERVIEW 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 $215M MARINE & SUSTAINABLE INFRASTRUCTURE Towing / Mooring • Aquaculture • Floating Wind • Offshore Cranes $130M CONSUMER Consumer • Outdoor High Performance • Safety Equipment $70M 12 Figures reflect 2022 expected sales MIFOverview Competition Valuechain & Go-to-market Strategy Innovation Financials TECHNOLOGY 13 1,200 1,300 2,500 Avient Dyneema Combined Patents • True specialty business – the World’s Strongest Fiber™ • Deep history of application development with customers, strongest in the industry • The only UHMwPE (ultra-high molecular weight polyethylene) fiber producer that is backward integrated o Provides innovation advantage through control of all steps of the process • Complementary with our existing reinforced film expertise (PolyStrand) and engineered fiber presences (Fiber-Line) WINNING PROPERTIES Ultra high strength vs. weight Highly flexible Floats on water Chemically inert; no smell/taste and non-toxic High resistance to UV radiation Self-lubricating, with low friction One-of-a-kind technology ® FORMULATION PROCESS 14 • Like Avient, Dyneema® offers similar core competencies around formulation and material science • Technology that combines polymers and fibers to provide specialized, high performing solutions for customers • Design capabilities ensure that applications are highly customized for the specified end use DYNEEMA® IN THE VALUE CHAIN 15 UHMwPE Fiber / Tapes Military Personnel, Law Enforcement Heavy Marine, Offshore Wind Energy and Mooring, Aquaculture Outdoor, Footwear, Apparel, Inflatables • Material Science • Formulation • Service INTERMEDIATE MANUFACTURING (CUSTOMERS) OEM / APPLICATION DEMAND TRENDS 16 • Military spending and near-term demand for higher performing personal protection products (like Dyneema®) expected to increase o European NATO members annual defense spend expected to increase by up to 20%(1) o Accelerated launch of next generation technology in North America • Policy-driven demand for sustainable energy; growth in floating offshore wind farms which require advanced, durable technology o Offshore wind expected to grow at a CAGR of 32% with the level of annual installations quadrupling over the next five years(2) • Continued investment in aquaculture as a sustainable food source(3) • Strong demand in outdoor high performance space across niche consumer applications aligns with 10% growth assumption for Avient’s Composites portfolio Sources: (1) “Funding NATO”, NATO.int (April 1, 2022) (2) “Global Wind Report 2021”, Global Wind Energy Council (3) “Aquaculture Supports a Sustainable Earth”, NOAA Fisheries 17 A L I G N M E N T W I T H S U S T A I N A B I L I T Y G O A L S PRODUCTS AVIENT’S EXISTING COMPOSITES PORTFOLIO D I V E R S E C A P A B I L I T I E S A N D S O L U T I O N S S E R V I N G M A N U F A C T U R E R S A N D O E M S LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers 18 AVIENT’S COMPOSITES PORTFOLIO SALES AND EBITDA 19 $74 $84 $216 $212 $261 $5 $10 $32 $41 $49 $180 0 50 100 150 200 $- $50 $100 $150 $200 $250 $300 $350 $400 $450 $500 $550 $600 $650 $700 $750 2017 2018 2019 2020 2021 2022E $680 ($ in millions) • Dyneema® acquisition will further improve Composites EBITDA margins to 26% • Dyneema® will complement our existing portfolio with deep formulation expertise, innovative culture and global commercial presence • Composites will continue to be a key growth driver to deliver future revenue growth in excess of GDP (1) Pro forma for the acquisition of Dyneema® (1) DISTRIBUTION DIVESTITURE CONSIDERATIONS DISTRIBUTION HIGHLIGHTS 21 $21 $57 $69 $94 $105 0 50 100 150 2006 2011 2016 2021 2022E • Leading North American Distribution business with longstanding blue-chip supplier and customer relationships • Commercial excellence and regulatory knowledge have grown healthcare portfolio to over 25% of sales and positioned business for long-term growth • Highly specialized portfolio of engineered polymers along with sustainable solution offerings • Leading digital capabilities through Avient Now, allowing enhanced visibility and 24/7 interface with customers • 98% free cash flow conversion drives greater than 30% after-tax return on invested capital (ROIC) • Potential divestiture allows us to remain modestly leveraged with net debt to adjusted EBITDA expected to be 2.9x and positions us for further specialty growth in the future EBITDA (in $M) DYNEEMA® TRANSACTION OVERVIEW 22 - $1.48B net purchase price - Represents 11.4x expected 2022 EBITDA - Committed financing in place - Permanent financing to be combination of available cash on-hand, new Senior Unsecured Notes, new Senior Secured Term Loan - Potential proceeds from Distribution divestment could be used to pay down near-term maturing debt - Closing expected in second half of 2022, subject to regulatory approvals and certain customary closing conditions Transaction Value Financing Closing Conditions / Timing CAPITAL STRUCTURE / LEVERAGE 23 • Financing commitments secured from Morgan Stanley and J.P.
Purchase price multiple rapidly declining on strength of business and synergy capture (1) (1) (1) Financial information is pro forma to include a full year of Clariant Color acquisition ($ in millions) 11.9% 16.2% 2019PF 2021 EBITDA Margins (1) SPECIALTY TRANSFORMATION 7% 46% 66% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2021 2022 PF % o f A dj us te d EB IT D A(1 ) JVs Distribution Performance Products & Solutions Specialty (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution (2) 29 12% 18% 16% 15% 15% 14% 14% 28% 28% 26% 25% 22% 21% 19% 16% 12% 9% 9% Av ie nt T od ay Av ie nt P F AV Y PP G KW R FU L R PM C E AL B FM C AS H EC L EM N H XL H U N SC L BN R U N VR Median: 21%Median: 15% 2022 EBITDA MARGINS VS.
Senior management believes the measures described above are useful to investors because they allow for comparison to Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2022-08/reSound Bio -Swimming Goggle-Application Snapshot.pdf
AVIENT SOLUTION SWIMMING GEAR BRAND S W I M G O G G L E G A S K E T A N D N O S E B R I D G E • Bio-content material • Good adhesion to PC • Flexible and comfortable to wear • Easy to process • Customized formulations for a transparent Shore 43A TPE with 40% bio-based content for the gasket and a natural 57A TPE with 30% bio-based content for the nose bridge to meet sustainability and comfort targets • Delivered excellent performance in order to pass strict chlorine, brine, and QUV tests • Offered prompt development and on-site technical services to accelerate commercialization KEY REQUIREMENTS SUSTAINABILITY + SEALING LEARN MORE reSoundTM BIO Thermoplastic Elastomers Copyright © 2022, Avient Corporation.
https://www.avient.com/resources/safety-data-sheets?page=4121
GREEN G-17 (PP-17)
G-12-0322 GREEN (PP-17)
G-12-0435 (PPRO)
https://www.avient.com/sites/default/files/2024-02/Gravi-Tech REC Recycled Formulations Product Bulletin.pdf
KEY CHARACTERISTICS • Customized density offering a wide range of specific gravities (1.2–11 gm/cm3) • Based on recycled resin from PIR and PCR sources • Broad modulus range, from very flexible to very rigid grades • Corrosion resistance that withstands oxidization for long-term use and benefit • Chemical resistance can be adapted depending on base resin as required • Provides visual surface effects, aesthetics, and cool touch • Design flexibility and processing ease MARKETS AND APPLICATIONS Applications in packaging and consumer goods in which a more sustainable solution is preferred: • Cosmetic caps and closures • Perfume caps • Spirit bottle caps • Luxury boxes • Handles and knobs SUSTAINABILITY BENEFITS • Formulated with recycled resin from post-industrial recycled (PIR) and/or post-consumer recycled (PCR) sources including ocean bound plastic waste • Reduces waste and supports the circular economy • Reduces carbon footprint compared to fossil feedstock alternatives • Simplifies manufacturing and lowers costs versus metal PRODUCT BULLETIN CHARACTERISTICS UNITS Gravi-Tech REC-CI GT5200-5089 PT Natural Gravi-Tech REC GT5200-5075 Black X2 Gravi-Tech REC GT5200-5078 Black Gravi-Tech REC GT5200-5079 Black Gravi-Tech REC GT5200-5060 Black Gravi-Tech REC GT5200-5057 Black Base Resin Ocean Bound rPP rPP rPP rPP rPP rPP Recycled Content/Filler g/cm >98% PIR+PCR 60% PIR/Mineral >95% PIR/Mineral >95% PIR+PCR/Mineral 30% PIR/Mineral 30% PIR/Mineral Density (ISO 1183) g/ccm 1.2 1.2 1.2 1.2 1.9 2.0 CHARACTERISTICS UNITS Gravi-Tech REC GT7300-5034 X2 FD Natural Gravi-Tech REC GT7300-5036 Black Gravi-Tech REC GT7300-5025 Black Gravi-Tech REC GT6000-5032 Black Gravi-Tech REC GT6000-5031 Black Base Resin ABS rABS/ABS rABS rPA6 rPA6 Recycled Content/Filler g/cm 50% PIR/Mineral 65% PIR/Mineral 10% PIR/Mineral 20% PIR/Mineral 20% PIR/Mineral Density (ISO 1183) g/ccm 1.5 1.5 2.2 2.7 2.8 AVAILABLE GRADES Copyright © 2024, Avient Corporation.
https://www.avient.com/color-theory-monitor-print
An additive color module is basically RGB (red, green, blue)—or R+G+B = White.
According to the subtractive color module of CMY (cyan, magenta, yellow), M+Y=R, C+Y=G and C+M=B.
Translucent colors will provide a balance of hue (with clean color), saturation (with pigment strength) and brightness, because the nature of the ink allows the underbase white and the shirt color to affect the tints and shades of the overprinted colors.
https://www.avient.com/news/dyneema-and-point-blank-deliver-1-million-alpha-elite-armor-systems-protect-us-law-enforcement
Through its key brands, Point Blank Body Armor, Protective Products, PARACLETE®, The Protective Group (TPG), Advanced Technology Group (ATG), First Tactical, and Gould & Goodrich (G&G), the Company ranks as the largest global supplier of ballistic armor systems and systems integrator in the world.
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation, and fiber optic / 5G network accessibility
https://www.avient.com/sites/default/files/2021-02/2021-baird-sustainability-conference.pdf
Microsoft PowerPoint - 2021 Baird Sustainability Conference AVIENT CORPORATION (NYSE: AVNT) B A I R D S U S T A I N A B I L I T Y C O N F E R E N C E F E B R U A R Y 2 3 , 2 0 2 1 WALTER RIPPLE V I C E P R E S I D E N T , S U S T A I N A B I L T Y • 28 Years Industry Experience • Bachelors of Chemistry, Texas A&M University • Executive MBA, University of Michigan • Former VP & General Manager, Global GLS TPE Business • 2+ years Vice President, Sustainability Avient Corporation 2 SUSTAINABILITY A T A V I E N T P E O P LE P RO D U CT S P LA N E T P E R F O RM AN CE O U R M I S S I O N E N A B L E O U R C U S T O M E R S ’ I N N O V A T I O N A N D S U S T A I N A B I L I T Y G O A L S T H R O U G H W O R L D C L A S S P R O D U C T S A N D S E R V I C E S A N D E X C E L L E N C E I N T H E F O U R C O R N E R S T O N E S O F : Avient Corporation 3 Enable 100% of products manufactured for packaging applications to be recyclable or reusable.
Develop and implement solutions to end plastic waste while supporting AEPW $1.5B investment in key initiatives. 2030 SUSTAINABILITY TARGETS Avient Corporation 5 PRODUCTS 8 W A Y S W E H E L P C U S T O M E R S B E M O R E S U S T A I N A B L E TRENDS IN FOCUS Avient Corporation 6 RECYCLING / CIRCULAR ECONOMY LIGHTWEIGHTING ECO-CONSCIOUS SUSTAINABLE SOLUTIONS FOR THE CIRCULAR ECONOMY Avient Corporation 7 OPTICA™ TONERS FOR PET LACTRA™ SX LIGHT BLOCKING ADDITIVE FOR PET AMOSORB™ OXYGEN SCAVENGER FOR PET JOULE™ & SMARTHEAT™ INFRARED ABSORBER ULTIMATE™ UV LIGHT BARRIER CESA®-NATUR BIO-SOURCED ADDITIVES TRIPLE A™ ACETALDEHYDE SCAVENGER FOR PET IR SORTABLE BLACK FOR RECYCLABLE PACKAGING EZE™ SLIP AGENT FOR PET ONCOLOR™ NATURALS – COLORANTS FOR RECYCLABLE PACKAGING RESOUND™ OM THERMOPLASTIC ELASTOMERS VERSAFLEX™ POST- CONSUMER RECYCLED (PCR) TPE FORMULATIONS AVIENT CYCLEWORKS I N N O V A T I O N C E N T E R T O A D V A N C E T H E C I R C U L A R E C O N O M Y • Laboratory mimics real-world circular recycling in a research environment • Conducts chemistry testing to improve plastics recycling for customers • Screening and evaluation of additive and colorant systems during recycling • Collaboration platform for customers and value chain partners Avient Corporation 8 Avient Corporation 9 AVIENT ENABLES CUSTOMERS’ CIRCULAR ECONOMY GOALS C O L O R M A T R I X ™ P R O C E S S A I D & T O N E R F O R R E C Y C L E D P E T LIGHTWEIGHTING Avient Corporation 10 NYMAX™ NYLON FORMULATIONS HYDROCEROL® CHEMICAL FOAMING AGENTS POLYSTRAND™ TAPES AND LAMINATES COMPLĒT™ LFT ENGINEERED RESINS W H AT ’S H AP P E N IN G AV IE N T S O LU T IO N S PLASTICS ARE: AVIENT SOLUTIONS ENABLE LIGHTWEIGHT DASHBOARD SKINS H Y D R O C E R O L ® F O A M I N G A G E N T S O L U T I O N S Avient Corporation 11 ECO-CONSCIOUS Avient Corporation 12 ONCOLOR™ BRILLIANT METALLIC COLORANTS W H AT ’S H AP P E N IN G ONCOLOR™ WPC CAPSTOCK TECHNOLOGY ZODIAC™ AQUARIUS™ WATER BASED SCREEN PRINTING INKS MAGIQ™ FIBER COLORANTS & ADDITIVES SAFER & CLEANER MATERIALS RESOURCE CONSERVATION HUMAN HEALTH & SAFETY ECO-CONSCIOUS ALTERNATIVES AV I E N T S O LU T IO N S AVIENT ECO-CONSCIOUS SOLUTIONS IMPROVE FACE MASK PERFORMANCE Avient Corporation 13 M A G I Q ™ E L E C T R E T P L U S T E C H N O L O G Y Improved filtration efficiency Protects against aerosols & bacteria particles Increased shelf-life ENERGY INTENSITY 9% DECREASE WASTE INTENSITY 2% DECREASE WATER INTENSITY 20% DECREASE TOTAL CO2 EMISSIONS 29% DECREASE PLANET K E Y P E R F O R M A N C E I N D I C A T O R S 2 0 1 6 - 2 0 1 9 56 ENERGY REDUCTION PROJECTS SAVE 7400+ MT/CO2 ANNUALLY PUNE, INDIAASSESSE, BELGIUM Avient Corporation 14 • Avient is a founding member • Cross value chain collaboration • Driving breakthrough innovations REVENUE FROM SUSTAINABLE SOLUTIONS 2016 2017 2018 2019 2020PF VOC Reduction Reduced Energy Use Bio-derived Content Eco-conscious Renewable Energy Applications Recyclability Reduced Material Requirements Lightweighting $275M $325M $355M $410M $560M (1) Proforma to include a full year of Clariant Masterbatch business acquisitionAvient Corporation 16 Revenue from sustainable solutions expected grow at an 8-12% CAGR into the future (1) THANK YOU Avient Corporation 17