https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
Microsoft PowerPoint - AVNT Seaport Conference Presentation AVIENT CORPORATION S E A P O R T C O N F E R E N C E (NYSE: AVNT) A U G U S T 2 4 , 2 0 2 1 DISCLAIMER 2 Forward-Looking Statements In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
D is t. ) K W R P P G A V Y F U L R P M G C P H X L F M C H U N IF F E C L A S H K R A E M N C E S C L A LB Median: 5%Median: 3% Source: Peer data per Bloomberg market data as of July 28, 2021 Avient reflects 2021 estimated revenue of $4,650M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators.
With the Clariant Masterbatch acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets, with increased geographic diversification and a more specialized portfolio that can significantly expand EBITDA margins. 31 Avient reflects 2021 estimated EBITDA of $580M OUR VALUATION VERSUS PEERS Avient Specialty Formulators Other Chemical/Specialty Companies 9.5 18.5 15.1 15.1 14.0 11.0 10.4 29.5 28.2 23.9 18.7 12.4 12.2 11.1 9.3 9.2 9.2 7.6 7.6 6.0 A vi en t K W R P P G A V Y R P M F U L G C P A L B H X L E C L IF F F M C B N R A S H S C L E M N U N V R K R A C E H U N Median: 11.1xMedian: 14.6x SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Critical%2520Imperatives.pdf
Page 102 Critical Imperatives – Medium to Long Term • Continue cultural and paradigm shift from commodity compounder to collaborative formulator as One PolyOne • Accelerate innovation and leverage megatrends to improve our mix of business with higher-margin improve our mix of business with higher-margin specialty products • Increase specialty contribution and advance globalization via acquisitions • Drive relentless execution and creative innovation as key competitive differentiators Page 103 2011 Proforma ColorMatrix 2015 Target “Where we are” “Where we expect to be” 1) Operating Income % Specialty 8.9% PP&S 7.2% 12 – 16% 9 – 12% Elevating our Expectations and Yours PP&S 7.2% Distribution 5.6% 2) Specialty Platform % of Operating Income 50% 3) ROIC* (after-tax) 10% 4) Adjusted Annual EPS Growth 3 yr CAGR = 71% 9 – 12% 6 – 7.5% 65 – 75% 15% Double Digit Expansion *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Page 104
https://www.avient.com/sites/default/files/2022-09/FR Healthy Bldg Codes Application Snapshot.pdf
PROFILE/SHEET EXTRUDER R A I L S A N D K I C K P L A T E S • Convert existing PVC profile and sheet rails and kick plates to polyolefin resin to meet Class A fire safety (ASTM E84) • Provide a system that meets healthy building certifications and approvals • Utilize a more sustainable flame retardant technology, removing brominated or halogenated flame retardants from the environment • Achieve non-compromising performance in aesthetics, impact, dimensional stability, CLTE, and E84 testing • Provided broad flame retardant platform, backed by extensive application and industry expertise, to meet global flammability standards • Has largest UL94 recognized Prospector membership with HB, V-0, V-1, V-2 and 5VA/5VB ratings, and broad glow wire performance products • Included in-house UL certified labs and manufacturing locations to perform UL94 material sampling and testing • Supported application development to meet fire safety standards, address current or emerging healthy building codes, smart home requirements, and LEED credits • Offered custom formulations in small lot quantities Cesa™ Flam Non-Halogen Flame Retardants KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-11/Cargo Trailer Sidewalls Application Snapshot.pdf
TRACTOR TRAILER OEM C A R G O T R A I L E R S I D E W A L L S • Suitable CFA design for PE sheet extrusion in layered, metal-laminated inner sidewall panels • Improved fuel economy and reduced trailer tare weight • Uncompromised outdoor durability and part strength • Reduced polymer usage while maintaining physical and dimensional requirements • Delivered significant 20% part weight reduction with CFA solution • Provided formulation to enhance throughput, leading to a 43% overall cost reduction • Created value beyond initial technical challenge with a credible problem solving approach • Enhanced performance with excellent sidewalls, uniform foamed plastic core, superior flatness, and rigidity Hydrocerol™ Chemical Foaming Additives (CFAs) and Cesa™ Nucleant Additives KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-11/PCR Color Prediction Service Application Snapshot_Redken.pdf
L’ORÉAL R E D K E N S H A M P O O B O T T L E S • Ensure global color consistency across all Redken PCR packaging in order to launch in North America and Europe at the same time • Shorten time to launch by simplifying decision making process and avoiding lengthy lab trials • Ability to transition to high levels of PCR, and to facilitate transfer from one PCR to another • Solution that works with mixed grades of PCR, both rPET and polyolefins • Created a process with L’Oréal to overcome PCR coloring challenges and simplify recycled resin coloration for global consistency • Helped L’Oréal towards its objective to have 100% of packaging plastics to be either from recycled or bio-based sources • Achieved a perfect color match on the first try in 8 out of 10 cases PCR Color Prediction Service KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-07/ECCOH_ 6151 Formulation - Semi-tigh Buffer Indoor Duplex Cable - Application Snapshot_0.pdf
EUROPEAN CABLE MANUFACTURER S E M I - T I G H T B U F F E R F O R I N D O O R D U P L E X C A B L E S • Low shrinkage for connectorization • Easy to strip for efficient installation • Good kink resistance • Resistance to chemicals and filling compounds • Provided an alternative solution, with improved performance, compared to PA12 and PBT materials on the market • Reduced shrinkage and improved strippability for easier installation • Reduced smoke production, improving overall fire performance • Increased processing speeds, reducing overall manufacturing cost ECCOH™ 6151 Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-eccoh-6154-optical-fiber-cable.pdf
GLOBAL CABLE MANUFACTURER M I C R O M O D U L E S F O R O P T I C A L F I B E R C A B L E S Meet specific standards for stranded, loose tube, optical fiber cable performance and production, including: • High speed processing at a low wall thickness • Good colorability • Resistance to chemicals and filling compounds • UV ageing performance • Low shrinkage • Enabled faster processing speeds and manufacturing consistency with a reliable material, eliminating waste • Enabled easier installation with excellent colorability at low wall thickness • Provided technical support to transfer the product to multiple plants ECCOH LSFOH 6154 UV KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-07/ECCOH_ 5806 - Gel filled Tight Buffer Aerial Cable - Application Snapshot.pdf
T I G H T B U F F E R I N G E L - F I L L E D L O O S E T U B E F O R A E R I A L C A B L E S GLOBAL CABLE MANUFACTURER • Operating temperature from -40°C to 70°C • High gel resistance • Low shrinkage • Stripability for easy installation • Good flame retardancy • Developed a formulation with good thermal behaviour and low shrinkage • Enabled a greater range of operating temperatures giving the customer the flexibility of using the same cable design in a range of different climates • Provided superior gel resistance increasing life time of the cable • Utilized simulation service to optimize customer tooling and extrusion output ECCOH™ 5806 Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2025-01/Touchscreen Surface WithStand SX Case Study Snapshot.pdf
INJECTION MOLDER T O U C H S C R E E N S U R F A C E • Provide antimicrobial protection with strong log reduction (gram-negative / gram-positive efficacy) using globally available and cost-effective active ingredients • Incorporate a compatible recycled base resin • Utilize recyclate with no haze or discoloration (yellowing) of product, even with long-term heat aging • Maintain visual clarity while using antimicrobial raw materials with additional functional additives • Offered expertise in antimicrobial solutions, application development, and versatile product forms • Provided non-public health claims and reduced material use with recycled polycarbonate • Delivered strong efficacy >Log 2 against gram- negative and gram-positive bacteria • Supported a safe, hygienic environment while maintaining clarity and performance using a masterbatch with recycled content Cesa WithStand SX Low Haze Antimicrobial Additives KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2025-06/Cesa Anti-phenolic Yellowing Additive-TPEE TPU Film for Apperal and Shoes-case study snapshot.pdf
TPEE/TPU FILM MANUFACTURER T P E E / T P U F I L M F O R A P P A R E L A N D S H O E S • Avoid phenolic yellowing effect after a certain time of storage • Offer an anti-phenolic yellowing solution, which can be applied on light color or translucent film for fabric • Maintain the soft touch of the original TPEE / TPU film • Contributed to final products, ensuring the film passed grade 4 of the yellowing standard (ISOx18 2007) • Provided good transparency on 0.04- 0.05mm film • Offered long-lasting protection without the need for additional post-processing Cesa Anti-phenolic Yellowing Additives KEY REQUIREMENTS WHY AVIENT?