https://www.avient.com/knowledge-base/article/guide-nias-prioritizing-safety-and-sustainability-plastic-food-packaging?rtype[]=1164
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A Guide to NIAS: Prioritizing Safety and Sustainability in Plastic Food Packaging
Plastic packaging plays a vital role in our daily lives, providing both consumer convenience and product protection.
The plastics industry faces the challenge of complying with several new regulations, such as the European Union's mandate for increased use of recycled materials in plastic packaging.
https://www.avient.com/news/polyone-joins-uk-plastics-pact-advance-circular-economy-goals
70% of plastic packaging effectively recycled or composted
30% average recycled content across all plastic packaging
For more information, see End Plastic Waste.
https://www.avient.com/sites/default/files/2021-04/avient-q4-earnings-and-2021-outlook-website.pdf
Unless otherwise stated, Operating Income, EBITDA and EPS figures included in this presentation are adjusted to exclude the impact of special items as defined in our quarterly earnings releases. $0.30 $0.52 2019 PF 2020 Q4 2020 ORGANIC PERFORMANCE 3 Sales $922 $997 2019 PF 2020 +8% Adjusted Operating Income Adjusted EPS $58 $80 2019 PF 2020 +38% +73% • Record 4th quarter sales, adjusted operating income and adjusted EPS performance • All segments delivered year-over-year sales and operating income growth, led by consumer and healthcare end markets • Clariant Masterbatch integration synergy capture ahead of schedule: $5 million realized in 2020 ($ in millions except EPS) (1) (1) (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition Q4 2020 SEGMENT PERFORMANCE 4 Sales Operating Income $100 $100 $100 $922 $100 $100 $100 $997 Distribution CAI SEM Total 2019 2020 $178 $272 $490 $191 $305 $526 SEM Distribution CAI 2019PF 2020 +8% +7% +7% +12% $5 $5 $5 $58 $5 $5 $5 $80 Avient CAI SEM Total 2019 PF 2020 $17 $19 $40 $18 $30 $58 Distribution SEM CAI 2019PF 2020 +38% +45% +58% +6% (3) (3) ($ in millions) (1) (2) (1) Total company sales include intercompany sales eliminations (2) Total company reflects adjusted operating income and includes corporate costs (3) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition 2020 HIGHLIGHTS 5 • Completed transformational Clariant Masterbatch acquisition and created new brand name Avient • Increased pro forma adjusted EPS 11% from $1.74 to $1.93 as an essential supplier during the pandemic and due to growth in demand for consumer applications • Specialty Engineered Materials delivered record operating income on gains from composites • Achieved record free cash flow, increased dividend for 10th year in a row and delevered from 3.5x to 2.7x net debt to pro forma adjusted EBITDA • Culture is everything: Certified as a Great Place to Work® $133 $150 2019PF 2020PF 10% 23%8% 21% 4% 15% 2006 2020PF Healthcare Consumer Packaging Avient Portfolio Transformation 22% 59% CLARIANT MASTERBATCH: TRANSFORMATIONAL ACQUISITION 6 Clariant MB EBITDA Growth Purchase Price Multiple 10.8 9.6 6.5 2019PF 2020PF 2020PF w/ Full Synergies x x x • Acquisition of Clariant Masterbatch significantly expands presence in healthcare, packaging and consumer end markets • Strength of portfolio – 13% EBITDA growth as an essential supplier in COVID response and recovery • Acquisition completed on July 1, 2020 for $1.4 billion.
We will deliver for our stakeholders through multiple value creation levers—many of which are unique to Avient: o Demand for sustainable solutions, healthcare, and composites, together with Clariant Masterbatch revenue synergies, that will drive 2021 revenue growth of 8% and long-term growth in excess of GDP o Clariant Masterbatch cost synergy capture will result in significant near-term benefit In addition, we remain committed to increasing annual dividends in line with earnings growth and opportunistically buying back shares, all while remaining modestly levered.
Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”).
https://www.avient.com/news/polyone-highlights-new-automotive-solutions-vdi-engineering-plastics-conference
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PolyOne Highlights New Automotive Solutions at VDI Engineering Plastics Conference
MANNHEIM, Germany – PolyOne Corporation (NYSE: POL), a premier global provider of specialized polymer materials, services and solutions, is exhibiting its specialty portfolio of technologies to automotive designers and engineers this week at the 2014 VDI Plastics in Automotive Engineering conference.
The VDI Plastics in Automotive Engineering conference is being held this week in Mannheim, Germany.
https://www.avient.com/news/avient-emphasizes-commitment-sustainability-plastics-recycling-latam-conference
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Avient Emphasizes Commitment to Sustainability at Plastics Recycling LATAM Conference
This annual two-day conference gathers key leaders, innovators, and experts in the plastics recycling industry in Latin America (LATAM) to discuss plastics recycling trends, environmental regulations, innovative sustainable packaging options, and more.
Our colorants and additives can increase the recyclability of plastic packaging without compromising performance.”
https://www.avient.com/news/polyone-develops-high-performing-plasticizer-alternative-flexible-pvc
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PolyOne Develops High-Performing Plasticizer Alternative for Flexible PVC
CLEVELAND – PolyOne announced today the commercial availability of SynPlast™ L9TM plasticizer, containing equivalent performance characteristics to 810TM linear plasticizer.
When 810 alcohol became scarce in 2013, a global supply shortage of 810TM plasticizer spurred a need for alternatives.
https://www.avient.com/knowledge-base/article/using-post-consumer-recycled-content-plastic-packaging-closures?ind[]=6599
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Using Post-Consumer Recycled Content in Plastic Packaging Closures
Closures are critical to the plastic packaging system because they can protect the contents of the package and provide safety aspects for the consumer.
This shift is improving access to PCR for closures specifically and, as a result, increasing the amount of PCR used across all plastic packaging, including in more challenging situations such as food-contact packaging.
https://www.avient.com/knowledge-base/article/how-create-impactful-plastic-aesthetics-new-products
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How to Create Impactful Plastic Aesthetics for New Products
If a brand owner or designer is looking into colors for a new product launch, ColorForward™, an annual color and effect trend forecast for the plastics industry, can help by providing insights into future color trends and translating them into plastic solutions.
Discover our annual forecast of trends and color concepts for future plastic products.
https://www.avient.com/knowledge-base/article/how-create-impactful-plastic-aesthetics-new-products?rtype[]=1164
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How to Create Impactful Plastic Aesthetics for New Products
If a brand owner or designer is looking into colors for a new product launch, ColorForward™, an annual color and effect trend forecast for the plastics industry, can help by providing insights into future color trends and translating them into plastic solutions.
Discover our annual forecast of trends and color concepts for future plastic products.
https://www.avient.com/sites/default/files/2022-03/Avient 2021 Annual Report.pdf
Competition The production of plastics and the manufacturing of custom and proprietary formulated color and additives systems for the plastics industry are highly competitive.
The AEPW enables and brings to scale solutions to minimize and manage plastic waste and promote solutions for used plastics that move towards a circular economy.
Clariant Color Acquisition On July 1, 2020, the Company completed the Clariant Color Acquisition.