https://www.avient.com/sites/default/files/2021-04/colormatrix-optica-specialty-toners-for-pc-product-bulletin.pdf
MARKETS AND APPLICATIONS
ColorMatrix Optica is formulated for
PC resins used in the production of:
• Automotive interiors
• Appliance housings
• Consumer goods
• Food packaging
• Finished materials such as
PC sheet
• Electrical & Electronics
REGULATORY
• No heavy metals or restricted
ingredients
• In-house chemical testing and
verification system compliant with
ISO ISO/IEC 17025:2005
• Dedicated product stewardship
team globally and locally
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
43
Capex / Revenue
2022E (%)
AV I E N T I S A S S E T L I G H T
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
2
3
2 2
2
3
4
3 3
5
5
7 7
8
11
A
vi
en
t
A
vi
en
t P
F
F
U
L
K
W
R
P
P
G
R
P
M
A
V
Y
F
M
C
H
U
N
H
X
L
E
C
L
E
M
N
C
E
A
S
H
S
C
L
Source: Peer data per Bloomberg market data as of April 21, 2022.
Source: Peer data per Bloomberg market data as of April 21, 2022
86
82
86 86 84
78 77
89 86
81 80
76 76 76
67 67
11
(12)
A
vi
en
t
A
vi
en
t P
F
F
U
L
K
W
R
P
P
G
R
P
M
A
V
Y
F
M
C
U
N
V
R
B
N
R
H
U
N
H
X
L
E
C
L
C
E
A
S
H
E
M
N
S
C
L
A
LB
12%
18%
16% 15% 15% 14% 14%
28% 28%
26%
25%
22% 21% 19%
16%
12%
9% 9%
A
vi
en
t T
od
ay
A
vi
en
t P
F
A
V
Y
P
P
G
K
W
R
FU
L
R
P
M C
E
A
LB
FM
C
A
S
H
E
C
L
E
M
N
H
X
L
H
U
N
S
C
L
B
N
R
U
N
V
R
Median: 21%Median: 15%
2 0 2 2 E B I T DA M A RG I N S V S .
Financials are pro forma for the acquisition of Dyneema® and potential divestiture of Distribution
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
45
Source: Peer data per Bloomberg market data as of April 21, 2022
Total Enterprise Value / NTM EBITDA
With the Dyneema and Clariant
Color business acquisition and
divestment of the PP&S business,
along with the proposed sale of
our Distribution business, our
exposure is now concentrated in
less-cyclical and high-growth
markets.
https://www.avient.com/sites/default/files/2023-06/Disclaimer_Statements_Sustainability.pdf
MSCI SERVICES AND DATA ARE THE PROPERTY OF MSCI OR ITS INFORMATION
PROVIDERS, AND ARE PROVIDED ‘AS-IS’ AND WITHOUT WARRANTY.
Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third
Party Data) and are provided for informational purposes only.
Governance
QualityScore is a data-driven scoring and screening solution designed to enable quality reviews
of corporate governance across four key areas: Board Structure, Compensation, Shareholder
Rights, and Audit & Risk Oversight.
https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
C0.2
(C0.2) State the start and end date of the year for which you are reporting data.
Level of aggregation
Group of products
Description of product/Group of products
Avient has a highly-technical and broad portfolio of material solutions that help our
customers—and our planet—be more sustainable.
Polymers 48 Purchased polymers data, broken out by polymer type,
was obtained in weight.
https://www.avient.com/sites/default/files/2020-12/maxxam-fr-case-study.pdf
MEETING FR GOALS IN DATA CABLES WITH AN
ALTERNATIVE TO FEP
Maxxam FR materials can provide cost savings and improved
processing capabilities when used in category 5e cables
and above.
High flame performance and a low
dielectric constant keep our equipment safe and data
moving quickly.
THE SOLUTION
The manufacturer worked with Avient to identify
alternatives to FEP insulation that would meet
requirements in their data cable.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.2
T R A N S F O R M A T I O N A L
O V E R V I E W
Avient Protective
Materials
Dyneema
®
RECENT TRANSAC TIONS
Acquired Divested
$1.45 B $0.95 B
4
Distribution
UPDATED CA PI TAL STRUC TURE
& LI QUI DI TY
• Proceeds from completed
sale of Distribution used to
pay near-term maturing debt
to strengthen balance sheet
• Fixed/floating debt ratio of
~55/45
• Proven track record of
deleveraging following major
acquisitions through strong
free cash flow generation
• 2022 pro forma net
debt/adjusted EBITDA
expected to be 3.1x
$725 $725
$575 $500
$600
$525
$650
$650
$600
Capital Structure
Cash
$544
Undrawn
Revolver
$250
Liquidity
$3.15B
$2.40B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
2023 Notes
After Dyneema
Acquisition
After Distribution
Divestiture
$794M
(1)
(1) $250M reflects estimated undrawn revolver following the divestiture of Distribution
5
PREVI OUS TR ANSACTIONS
Performance
Solutions
Products &
$0.8 B
COLOR
$1.4 B
Acquired (2020)Divested (2019)
6
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $75 million of realized synergies anticipated in 2022
• Acquisition completed on July 1, 2020 for $1.45 billion.
Ops Pro Forma
Adjusted EPS
(in millions) (in millions)
20
SUMMARY
• Executed the plans we laid out earlier this year
• Completed the Dyneema acquisition and Distribution divestiture
amid challenging market conditions
• Paid down debt and expect to finish the year modestly levered at
3.1x net debt to 2022 pro forma adjusted EBITDA
• Expect $200 million of free cash flow in 2022
• Entering an economic slowdown with a portfolio that is better
positioned than ever before
• Updated our EPS guidance to $2.60 from continuing operations
SEGMENT DATA
U.S. & Canada
40%
EMEA
35%
Asia
20%
Latin America
5%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
21%
Packaging
23%
Industrial
15%
Building and
Construction
10%
Telecommunications
4%
Energy
4%
Defense
6%
END MARKET REVENUE
(1) Total company adjusted EBITDA of $585M includes corporate costs.
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$585M$3,635M
(1)
Transportation
9%
Healthcare
8%
23
C O L O R , A D D I T I V E S & I N K S
2 0 2 2 R E V E N U E | $ 2 . 3 B I L L I O N
US & Canada
35%
EMEA
40%
Asia
20%
Latin America
5%
END MARKET REGION
24
Packaging
33%
Consumer
22%
Healthcare
9%
Industrial
15%
Transportation
8%
Building &
Construction
11%
Telecommunications
1% Energy
1%
Figures represent 2022 full year estimates
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
2 0 2 2 P R O F O R M A R E V E N U E | $ 1 . 3 B I L L I O N
END MARKET
US & Canada
50%
EMEA
35%
Asia
15%
REGION
25 Figures represent 2022 full year estimates
Packaging
5%
Consumer
19%
Healthcare
8%Industrial
16%
Transportation
10%
Telecommunications
10%
Energy
9%
Defense
15%
Building &
Construction
8%
Packaging
31%
Consumer
28%
Healthcare
8%
Industrial
13%
Building &
Construction
5%
Telecommunications
3%
Energy
2% Defense
1%
Asia
(20% of sales)
Transportation
9%
2 0 2 2 P R O F O R M A AV I E N T R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
29%
Consumer
13%
Healthcare
5%
Industrial
17%
Building &
Construction
11%
Energy
5%
Defense
7%
EMEA
(35% of sales)
Transportation
10%
Packaging
14%
Consumer
23%
Healthcare
11%
Industrial
15%
Building &
Construction
12%
Energy
5%
Defense
7%
US &
Canada
(40% of sales)
Transportation
7%
Packaging
49%
Consumer
22%
Healthcare
8%
Industrial
9%
Building &
Construction
6%
Telecommunications
1%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
3%
Telecommunications
6%
Figures represent 2022 full year estimates
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/sites/default/files/2020-09/sustainabilityreport2018.pdf
You can be certain that PolyOne meets or
exceeds the material safety data reporting
requirements of your country or region.
Healthcare equipment manufacturers
must meet explicit technical and regulatory standards
so that practitioners can deliver effective diagnoses and
treatments.
Sustainability metrics represent 2018
data or 12-month approximate values based on available data from
reporting facilities and are often made in reliance on third-party
supplier information.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_elastomers_for_overmolding_applications.pdf
Thus far, the insert molding data presented here is very
encouraging and it is determined that these novel TPEs will exceed expectations in two-shot molding
environments as well.
The technical contributions of Joe Gerkhardt, Sr.
R&D Chemist in generating a bulk of the presented
data are hereby acknowledged.
https://www.avient.com/sites/default/files/2020-11/eccoh-product-selection-guide-en.pdf
ECCOH™
LOW SMOKE AND FUME,
NON-HALOGEN
FORMULATIONS
PRODUCT SELECTION GUIDE
ECCOH™ Low Smoke and Fume, Non-Halogen Solutions
*Dry Silane abbreviated as DS
**Cross-linked using Sioplas method
5549 UV Teck-90 5700 5801 UV 5865 5982 UV 6010 6151 6638 UV XLS 8001
APPLICATION
Type Jacket Jacket Jacket Jacket Jacket Jacket Insulation
Tight buffer,
Micro-tube
Jacket Jacket
CABLE
Type LV, Data LV LV, Data, OFC LV, Data, OFC Data, OFC LV, OFC LV OFC Data, OFC LV
MARKETS
Type B & C, Industrial Industrial, Teck-90 B & C, Industrial
Industrial, Oil & Gas,
Shipboard
B & C B & C, Industrial Automotive B & C, Industrial B & C, Industrial B & C, Shipboard
Cross-linked No No No Yes No No Yes No No Yes
Cross-linking Method* N/A N/A N/A DS/E-beam N/A N/A DS/E-beam N/A N/A Sioplas
GENERAL PROPERTIES
Properties as Thermoset x x x
SG g/cm³ 1.59 1.54 1.60 1.50 1.57 1.52 1.38 1.46 1.48 1.48
MFI, 150°C/21.6 Kg g/10 min 2.8 5 6 3.5 4 5.9 4.4 6 3 6
Hardness Shore D 44 54 50 46 50 54 56 53 53 49
Tensile psi 1740 2610 1595 1800 1740 2320 3336 2466 2030 2030
Elongation % 160% 200% 136% 133% 180% 150% 145% 160% 175% 160%
LOI % 45% 36% 51% 39% 45% 41% 30% 33% 42% 33%
Low temp brittleness (LTB) °C -26.5°C -49°C -10.5°C -30°C -39°C -38.5°C -41°C -35.5°C -26 -40.5
Max.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Terms%2520and%2520Conditions%2520of%2520sale%2520France.pdf
SAFETY & HEALTH INDEMNITY
Buyer acknowledges that Seller has furnished to Buyer
Material Safety Data Sheets as required under
applicable laws and regulations, which include
warnings together with safety and health information
concerning the Product and/or the containers for such
Product.
DATA PROTECTION
Buyer hereby agrees that any data in relation with the
business relationship between Buyer and Seller may
be processed by Seller, in compliance with applicable
laws and regulations.
15.