https://www.avient.com/industries/consumer/consumer-staples/everyday-essentials/infant-child-products
Versollan™ Thermoplastic Elastomers
Versollan™ Thermoplastic Elastomers achieved excellent adhesion and improved aesthetics and usability for compartment cover
Versollan™ TPEs were able to provide good adhesion to PCTG and a comfortable, ergonomic grip for a compression controller housing grip
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Circular Economy 2022.pdf
Solutions that
Support the
Circular Economy
REDUCED ENERGY USE
CESA™ Dry Additives
CESA™ Release Additives
OnCap™ CTR Process Optimization
ColorMatrix™ Joule™ & Smartheat™ Infrared Absorber
Specialty Low Cure Inks
SiteCool™ Infrared Absorption Technologies
BIO-DERIVED CONTENT
reSound™ OM Bio-Derived Thermoplastic Elastomers
reFlex™ Bio-Derived Plasticizer
OnCap™ Bio Additives
OnColor™ Bio Colorants
reSound™ Natural Fiber Reinforced Formulations
LIGHTWEIGHTING
Glasforms™ Pultrusion Technologies
Polystrand™ Continuous Fiber Composites
IMPROVED RECYCABILITY
CESA™ IR Black Additives
CESA™ Extend Additives
ColorMatrix™ Lactra™ SX Light Blocking Additive for PET
ColorMatrix™ Ultimate™ UV Light Barrier
ColorMatrix™ Capture™ Oxygen Scavenger for PET
ColorMatrix™ Triple A™ Acetaldehyde Scavenging Additives
ColorMatrix™ Reprize™ IV Builder for PET
OnColor™ IR Sortable Black for Recyclable Packaging
Bergadur™ Post-Industrial Recycled Content Polyester
Formulations
Nymax™ PIR Post-Industrial Recycled Nylon Formulations
Maxxam™ FR Flame Retardant Polyolefin Formulations
Predictions
Gartner predicts circular economies will replace linear economies in 10 years,
noting that supply chain leaders must adapt to circular models in order to
keep up in a marketplace with a growing emphasis on sustainability.
https://www.avient.com/industries/consumer/consumer-discretionary/outdoor-recreation/exercise-fitness
Versollan™ Thermoplastic Elastomers
Versollan™ Thermoplastic Elastomers achieved excellent adhesion and improved aesthetics and usability for compartment cover
Versollan™ TPEs were able to provide good adhesion to PCTG and a comfortable, ergonomic grip for a compression controller housing grip
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Circular Economy 2022_1.pdf
Solutions that
Support the
Circular Economy
REDUCED ENERGY USE
CESA™ Dry Additives
CESA™ Release Additives
OnCap™ CTR Process Optimization
ColorMatrix™ Joule™ & Smartheat™ Infrared Absorber
Specialty Low Cure Inks
SiteCool™ Infrared Absorption Technologies
BIO-DERIVED CONTENT
reSound™ OM Bio-Derived Thermoplastic Elastomers
reFlex™ Bio-Derived Plasticizer
OnCap™ Bio Additives
OnColor™ Bio Colorants
reSound™ Natural Fiber Reinforced Formulations
LIGHTWEIGHTING
Glasforms™ Pultrusion Technologies
Polystrand™ Continuous Fiber Composites
IMPROVED RECYCABILITY
CESA™ IR Black Additives
CESA™ Extend Additives
ColorMatrix™ Lactra™ SX Light Blocking Additive for PET
ColorMatrix™ Ultimate™ UV Light Barrier
ColorMatrix™ Capture™ Oxygen Scavenger for PET
ColorMatrix™ Triple A™ Acetaldehyde Scavenging Additives
ColorMatrix™ Reprize™ IV Builder for PET
OnColor™ IR Sortable Black for Recyclable Packaging
Bergadur™ Post-Industrial Recycled Content Polyester
Formulations
Nymax™ PIR Post-Industrial Recycled Nylon Formulations
Maxxam™ FR Flame Retardant Polyolefin Formulations
Predictions
Gartner predicts circular economies will replace linear economies in 10 years,
noting that supply chain leaders must adapt to circular models in order to
keep up in a marketplace with a growing emphasis on sustainability.
https://www.avient.com/sites/default/files/2024-11/reSound REC Recycled Content TPEs Selection Guide.pdf
NORTH AMERICA GRADES
reSound™ REC
VX2800-0003
C 65 Gray
reSound™ REC
OF 7310-80
reSound™ REC
OF 7310-90
reSound™ REC
GP 7820-340
reSound™ REC
GP 7820-360
reSound™ REC
GP 7820-380
Recycled Content PCR/PIR Blend PCR/PIR Blend PCR/PIR Blend PCR/PIR Blend PCR/PIR Blend PCR/PIR Blend
Recycled Content, % 25% 35% 45% 60% 60% 60%
Recycled Source Food Packaging
Food
Packaging
Food
Packaging
Transportation,
Industrial
Transportation,
Industrial
Transportation,
Industrial
Hardness, Shore A 65 80 90 36 63 77
Color Gray Black/Natural (Gray) Black/Natural (Gray) Natural Natural Natural
Specific Gravity 0.88 0.9 0.91 0.95 0.98 1.0
Tensile Strength, PSI 831 1120 1590 1027 1012 1173
Elongation at Break, % 620 570 520 1600 1200 1000
Compression Set
@ Room Temperature 26 32 37 24 30 39
OM Substrate PP PP PP PP PP PP
Processing IM or OM IM IM IM IM IM
Agency Rating Application Specific FDA – – – – –
Automotive Testing* –
VOC & FOG (VDA 278),
Odor (VDA 270)
VOC & FOG (VDA 278),
Odor (VDA 270)
– – –
reSound™ REC
VX7900-5001 C I 30A
Natural
reSound™ REC
VX7900-5001 C I 50A
Natural
reSound™ REC
VX7900-5001 C I 70A
Natural
reSound™ REC
AF 7210-140 B
reSound™ REC
AF 7210-150 B
reSound™ REC
AF 7210-160 B
reSound™ REC
AF 7210-170 B
reSound™ REC
AF 7210-180 B
reSound™ REC
AF 7210-190 B
Recycled Content PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend PIR/PCR Blend
Recycled Content, % 81% 81% 83% 59% 57% 54% 57% 56% 51%
PIR Recycled Source Proprietary Blend Proprietary Blend Proprietary Blend Transportation Transportation Transportation Transportation Transportation Transportation
PCR Recycled Source Transportation/Industrial
Transportation/
Industrial
Transportation/
Industrial Transportation Transportation Transportation Transportation Transportation Transportation
Hardness, Shore A 30 50 70 43 51 61 70 81 90
Color Natural Natural Natural Black Black Black Black Black Black
Specific Gravity 1.14 1.16 1.16 0.97 0.98 0.98 0.98 0.99 0.99
Tensile Strength, MPa 2.39 3.23 3.35 4 5 5 8 10 13
Elongation at Break, % 796 654 515 1013 993 981 935 876 829
Compression Set
@ Room Temperature
16 24 37 41 44 44 48 54 55
OM Substrate PP PP PP PP PP PP PP PP PP
Processing IM or OM IM or OM IM or OM IM IM IM IM IM IM
EUROPE GRADES
reSound™ REC
VX2800-5032 C 47A
Natural
reSound™ REC
VX2800-5033 C 54A
Natural
reSound™ REC
GP 7820-140
reSound™ REC
GP 7820-160
reSound™ REC
GP 7820-180
Recycled Content PCR PCR PCR PCR PCR
Recycled Content, % 61% 61% 60% 60% 60%
PCR Recycled Source Transportation Transportation Transportation/Industrial
Transportation/
Industrial
Transportation/
Industrial
Hardness, Shore A 47 54 38 57 77
Color Natural Natural Natural Natural Natural
Specific Gravity 0.96 0.96 0.94 0.97 1.0
Tensile Strength, MPa 1.80 2.00 7.19 6.65 7
Elongation at Break, % 766 682 1590 1380 1010
Compression Set
@ Room Temperature
28 29 28 32 38
OM Substrate PP PP PP PP PP
Processing IM or OM IM or OM IM IM IM
EUROPE GRADES
ASIA GRADES - PIR
reSound™ REC
VX3120-801
I 65A Natural
reSound™ REC
VX3120-802
I 65A Natural
reSound™ REC
VX3120-803
I 65A Natural
Recycled Content PIR PIR PIR
Recycled Content, % 20% 40% 60%
Recycled Source
Textile
Industry
Textile
Industry
Textile
Industry
Hardness, Shore A 67 68 68
Color Natural Natural Natural
Specific Gravity 1.11 1.10 1.11
Tensile Strength, PSI 1450 1229 1151
Elongation at Break, % 752 709 653
OM Substrate
PC, ABS,
PC/ABS
PC, ABS,
PC/ABS
PC, ABS,
PC/ABS
Processing IM or OM IM or OM IM or OM
reSound™ REC
DY 7810-801
C 30A Natural
reSound™ REC
DY 7810-801
C 40A Natural
reSound™ REC
DY 7810-801
C 50A Natural
reSound™ REC
DY 7810-801
C 60A Natural
reSound™ REC
DY 7810-801
C 70A Natural
reSound™ REC
DY 7810-801
C 80A Natural
reSound™ REC
DY 7810-801
C 90A Natural
reSound™ REC
DY 7820-801
C 30A Natural
reSound™ REC
DY 7820-801
C 40A Natural
reSound™ REC
DY 7820-801 C 50A
Natural
reSound™ REC
DY 7820-801
C 60A Natural
reSound™ REC
DY 7820-801
C 70A Natural
reSound™ REC
DY 7820-801
C 80A Natural
reSound™ REC
DY 7820-801
C 90A Natural
reSound™ REC
3630-801C 40N
reSound™ REC
3630-801C 50N
reSound™ REC
3630-801C 60N
reSound™ REC
7850-90N FR
reSound™ REC
GP 7820-240
reSound™ REC
GP 7820-260
reSound™ REC
GP 7820-280
Recycled Content PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR PCR
Recycled Content, % 9% 12% 15% 21% 23% 30% 39% 60% 60% 60% 60% 60% 60% 60% 45% 45% 45% 32% 60% 60% 60%
Recycled Source Food Packaging
Food
Packaging
Food
Packaging
Food
Packaging
Food
Packaging
Food
Packaging
Food
Packaging
Food
Packaging,
Transportation
Food
Packaging,
Transportation
Food
Packaging,
Transportation
Food
Packaging,
Transportation
Food
Packaging,
Transportation
Food
Packaging,
Transportation
Food
Packaging,
Transportation
Food
Packaging,
Transportation
Food
Packaging,
Transportation
Food
Packaging,
Transportation
Food
Packaging
Transportation,
Industrial
Transportation,
Industrial
Transportation,
Industrial
Hardness, Shore A 30 40 50 60 70 80 90 30 40 50 60 70 80 90 40 49 58 85 39 57 80
Color Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural Natural
Specific Gravity 0.88 0.89 0.89 0.88 0.88 0.89 0.89 0.95 0.94 0.97 0.97 0.99 1.01 1.02 0.90 0.90 0.90 1.04 0.95 0.98 1.0
Tensile Strength, PSI 678 889 939 964 1057 1328 1619 663 804 830 859 844 1007 1279 830 965 985 1250 938 1089 1479
Elongation at Break, % >1000 983 893 750 726 699 599 1028 948 880 807 681 642 640 700 700 650 310 1600 1360 1090
OM Substrate PP PP PP PP PP PP PP PP PP PP PP PP PP PP PC, ABS, PC/ABS PC, ABS, PC/ABS PC, ABS, PC/ABS – PP 30 39
Processing IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM IM or OM EM IM IM IM
ASIA GRADES - PCR
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
DISCLAIMER
Avient Corporation 3
Avient Corporation 4
Welcome
Bob Patterson
Chairman, President, and Chief Executive Officer
INTRODUCTION
Sustainability for a Better Tomorrow
Jamie Beggs
Senior Vice President and Chief Financial Officer
Avient Corporation 5
WE ARE A FORMULATOR
CUSTOM
FORMULATION
Avient Corporation 6
Avient Corporation 7
WE ARE INNOVATORS
2,500+
ACTIVE PATENT
FILINGS WORLDWIDE
1,100+
RESEARCH AND
DEVELOPMENT ASSOCIATES
>85% Stage-gate technology projects enable sustainable solutions
INDIA INNOVATION CENTER
33%
2022 VITALITY
INDEX
140+
MATERIAL SCIENCE
PhD ASSOCIATES
Avient Corporation 8
3% 3%
5%
Avient Specialty Formulators Other Specialty /
Chemical Companies
CAPEX / Revenue
2023E
Global footprint enables greater flexibility to exceed
needs of customers and deliver localized technical
and formulation expertise
35
9
36
24
Manufacturing Locations by Region
WE ARE ASSET LIGHT
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA
Avient Corporation 9
Asset-light flexibility
enables more nimble
manufacturing capabilities
and lower overhead
Periods of economic
weakness have driven
higher levels of cash
generation due to working
capital improvement
PROVEN TRACK RECORD OF HIGH FREE CASH FLOW CONVERSION
78%
78%
80% 80%
81%
78%
84%
83%
80%
79%
50%
55%
60%
65%
70%
75%
80%
85%
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023E
0
50
100
150
200
250
300
350
400
Fr
ee
C
as
h
Fl
ow
C
on
ve
rs
io
n
Fr
ee
C
as
h
Fl
ow
FC F $ AVNT FC F Conver si on % S&P F CF Conversion %
2 Recent Divestitures - Combined $1.7B in Proceeds
PORTFOLIO EVOLUTION
Avient Corporation 10
Combined $3.6B Investment in Acquisitions Since 2016
Color Business
Distribution
2016 2022
PORTFOLIO TRANSFORMATION
7%
46%
66%
87%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2020 2023
%
o
f A
dj
us
te
d
EB
IT
D
A
Commodity JVs Distribution Performance Products & Solutions Specialty Businesses
Adjusted EBITDA from Specialty Applications
Avient Corporation 11
END MARKET TRANSFORMATION
Packaging
Consumer
Healthcare
Defense
Avient Corporation 12
10%
19%
8%
23%
4%
7%
7%
2006 2023E
Other
Industri
es
78%
Healthcare
Consumer
Packaging
22%
56%
14%
10%
43%
9%
2006 2023E
Reduced Exposure to Cyclical End Markets End Market Diversification
Transportation
Building &
Construction
57%
19%
Defense
IMPROVING PROFITABILITY AND EXPANDING MARGINS
Avient Corporation 13
Adj.
https://www.avient.com/industries/consumer/consumer-discretionary/home-household/office-supplies
Versollan™ Thermoplastic Elastomers
Versollan™ Thermoplastic Elastomers achieved excellent adhesion and improved aesthetics and usability for compartment cover
Versollan™ TPEs were able to provide good adhesion to PCTG and a comfortable, ergonomic grip for a compression controller housing grip
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
Global Compact
• Highlights ESG Performance, including
ratings, awards, and certifications
• Features increased carbon emissions
disclosures, including Climate Change Scenario
Analysis and Scope 3 emissions data
• Outlines Sustainable Supplier Program,
designed to enable supplier evaluation &
collaboration
• Reflects Great Place To Work® culture focused
on safety, employee engagement and
advancing diversity, equity and inclusion
20 22 SUSTAI NA BILI TY REPORT
15
Avient Confidential 16
• Virtual presentation to be held
September 20, 2023
• Leadership will be conducting
an investor-focused
presentation around our
sustainable solutions portfolio
• Deep dive into how we enable
customers to achieve their
sustainability goals
SUSTAINABILITY DAY
16
…are Growing at Twice the Rate as
Conventional Products
Sustainably-Branded Products…
STAKEHOLD ER INFLUENC E D RI VES D EMA ND
Consumers
Are demanding
recyclability and eco-
conscious products
Governments
Are mandating changes
through legislation, taxes,
and regional accords
Brand Owners
Have committed to
ambitious goals to achieve
sustainability metrics
17
A P P E N D I X
20
Performance
Additives
16%
Pigments
12%
TiO2
10%
Dyestuffs
2%
Polyethylene
11%
Nylon
6%
Polypropylene
5%
Styrenic Block
Copolymer
5%
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
2022 pro forma results for the acquisition of Avient Protective Materials
RA W MATERI AL BA SKET
PEER COMPARISONS
AVI ENT I S ASSET LI GHT
Capex / Revenue
2023E (%)
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
Source: Peer data per Bloomberg as of July 21, 2023
Note: Avient reflects 2023 estimated revenue of $3,280 and estimated run-rate CAPEX of $110M.
22
3
2
3 3
4 4
3 3
4
5 5
7
8 8
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
R
P
M
A
V
Y
F
M
C
H
U
N
C
E
H
X
L
E
C
L
A
S
H
E
M
N
S
C
L
FR EE CA SH FLOW CONV ER SION
Source: Peer data per Bloomberg as of July 21, 2023
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/industries/consumer/consumer-discretionary/home-household/housewares-accessories
Versollan™ Thermoplastic Elastomers
Maxxam™ FR Flame Retardant Polyolefin Formulations
Maxxam™ FR Injection Molding
https://www.avient.com/products
Hammerhead™ FR Flame Retardant Composite Panels
Hammerhead™ FR Flame Retardant Composite Panels
Versollan™ Thermoplastic Elastomers