https://www.avient.com/sites/default/files/2023-06/Maxxam - EV Part - Application Snapshot.pdf
KUNSTSTOFF SCHWANDEN E L E C T R I C V E H I C L E P A R T • Replace aluminum to reduce part weight and overall weight of the electric vehicle • Secure supply of high volume of material • Flexible delivery • Cost competitive • Enabled OEM to replace metal and reduce part weight • Provided excellent customer service, sending samples and technical data promptly • Supported customer with processing queries • Secured material supply and flexible delivery – delivering on a specific date each month Maxxam™ Polyolefin Formulations KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-06/colormatrix-select-brochure.pdf
COLORMATRIX SELECT WILL ENABLE: • Immediate visibility of color performance and cost data for multiple formulation options • On-demand color supply • Full color choice with no minimum order quantities • Shorter development lead times enabling faster market access and multiple product introductions • Assured global color consistency • All the performance and process efficiency advantages of ColorMatrix advanced liquid colorants MANUFACTURERS TAKE CONTROL OF YOUR COLOR SUPPLY For manufacturers who use ColorMatrix Select will be able to create and order color formulations online in minutes.
Technical Support Services Our team of technical service engineers are located globally to provide full training and manufacturing support.
Full on-site technical support Process reporting Regulatory advice and documentation Custom dosing systems Rapid color development Colorant and additive technologies COLOR IS GLOBAL At Avient we think a lot about plastics: how to make them process better, perform better, look better and be kinder to the planet.
https://www.avient.com/sites/default/files/2023-03/AvientRY 2021 CDP Verification Opinion Declaration_07-26-22r%5B96%5D.pdf
Data and information supporting the Scope 3 GHG emissions assertion were in many cases estimated rather than historical in nature.
Level of Assurance and Qualifications: Limited This verification used a materiality threshold of ±5% for aggregate errors in sampled data for each of the above indicators GHG Verification Methodology: Evidence-gathering procedures included, but were not limited to: Interviews with relevant personnel of Avient and their consultant; Review of documentary evidence produced by Avient; Review of Avient data and information systems and methodology for collection, aggregation, analysis and review of information used to determine GHG emissions; and Audit of sample of data used by Avient to determine GHG emissions.
Attestation: Scott Johnston, Lead Verifier David Reilly, Technical Reviewer Principal Consultant Principal Consultant Apex Companies, LLC.
https://www.avient.com/sites/default/files/2023-07/Avient_RY 2022 CDP Verification Opinion Declaration_07-24-23%5B30%5D.pdf
Data and information supporting the Scope 3 GHG emissions assertion were in many cases estimated rather than historical in nature.
Level of Assurance and Qualifications: Limited This verification used a materiality threshold of ±5% for aggregate errors in sampled data for each of the above indicators GHG Verification Methodology: Evidence-gathering procedures included, but were not limited to: Interviews with relevant personnel of Avient and their consultant; Review of documentary evidence produced by Avient; Review of Avient data and information systems and methodology for collection, aggregation, analysis and review of information used to determine GHG emissions; and Audit of sample of data used by Avient to determine GHG emissions.
Attestation: Scott Johnston, Lead Verifier Cody Lorentson, Technical Reviewer Principal Consultant Program Manager Apex Companies, LLC.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Operating Income $3,783 $4,300 2020PF 2021E Adjusted EPS (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition Previous Guidance Current Guidance $3,783 $4,650 2020PF 2021E $308 $410 2020PF 2021E $308 $430 2020PF 2021E $1.93 $2.80 2020PF 2021E $1.93 $3.00 2020PF 2021E (1) (1)(1) (1)(1) (1) (in millions) (in millions) $442 $457 $580 2019PF 2020PF 2021E $1.74 $1.93 $3.00 2019PF 2020PF 2021E FULL YEAR 2019 – 2021 ORGANIC GROWTH (TOTAL COMPANY) 16 Sales Adjusted EBITDA $3,981 $3,783 $4,650 2019PF 2020PF 2021E + 17% Adjusted EPS (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition (1) (1) (in millions) (in millions) (1)(1) + 31% + 72% (1) (1) ($ in millions) 2021E Adjusted EBITDA 580$ Free Cash Flow 280$ Total Debt 1,860 Less: Cash (755) Net Debt 1,105$ 2021E Net Debt / Adjusted EBITDA 1.9x 17 BALANCE SHEET • Acquisition of Magna Colours completed on July 1 – expands sustainable solutions portfolio through water-based inks technology • Deleveraging to 1.9x net debt to adjusted EBITDA by the end of 2021 • Driven by record adjusted EBITDA performance and strong free cash flow generation from asset light business • Future cash deployment: M&A, opportunistic share repurchases and balance sheet / continued leverage reduction 3.5x 2.7x 1.9x 2019PF 2020PF 2021E Net Debt / Adjusted EBITDA (1) (1) (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition SUSTAINABILITY FOR A BETTER TOMORROW 18 • Revenue from sustainable solutions expected to grow 14% in 2021 as our innovation efforts and collaboration with customers continues to accelerate • Investments centered around innovation and global sustainability megatrends o Enabling a circular economy – Technologies that allow for increased use of post-consumer recycled (PCR) material and improve recyclability of plastics o Light-weighting – Composites and CAI applications to reduce weight and material requirements, which minimize energy and carbon emissions o Eco-Conscious – Health and human safety applications as well as Avient’s alternative materials to replace lead, PVC, halogens, BPA and other less eco-friendly options 18 2016 2017 2018 2019 2020PF** Bio-polymers Reduced Energy Use Human Health & Safety Sustainable Infrastructure VOC Reduction Recycle Solutions Eco-Conscious Lightweighting Revenue From Sustainable Solutions* 2016-2020 $405M $455M *Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”) **2020 is Pro Forma to include full year of the Clariant Masterbatch business $340M $550M $790M 18 19 Key Updates • Includes Clariant Masterbatch performance • Increases disclosures and ESG data • Provides performance updates on 2030 Sustainability Goals • Commits to operational carbon neutrality in 2050 and 100% renewable energy by 2050 (RE 100) • Announces Avient’s participation in U.N.
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.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA Median: 81% Median: 78% HIGH FREE CASH FLOW CONVERSION Avient reflects 2021 estimated EBITDA of $580M and excludes one-time synergy capture CAPEX ($20M) Source: Peer data per Bloomberg market data as of July 28, 2021 87 90 86 82 80 78 73 87 82 82 79 79 78 78 77 76 71 67 46 A vi en t K W R P P G A V Y F U L R P M G C P F M C U N V R C E IF F A S H E C L B N R E M N H X L H U N K R A S C L A L B (6) Source: Peer data per Bloomberg market data as of July 28, 2021 Total Enterprise Value / 2021E EBITDA Our current valuation with updated guidance implies an EBITDA multiple that is below specialty formulator peers and the median of other selected chemical / specialty companies.
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
Operating Income $3,783 $4,100 2020PF 2021E Adjusted EPS (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition Previous Guidance Current Guidance $3,783 $4,300 2020PF 2021E $308 $360 2020PF 2021E $308 $410 2020PF 2021E $1.93 $2.40 2020PF 2021E $1.93 $2.80 2020PF 2021E (1) (1)(1) (1)(1) (1) (in millions) (in millions) 12 BALANCE SHEET • Deleveraging to 1.9x net debt to adjusted EBITDA by the end of 2021 • Driven by record adjusted EBITDA performance and strong free cash flow generation from asset light business • Future cash deployment: M&A, opportunistic share repurchases and balance sheet / continued leverage reduction 3.5x 2.7x 1.9x 2019PF 2020PF 2021E Net Debt / Adjusted EBITDA (1) (1) ($ in millions) 2021E Adjusted EBITDA 560$ Free Cash Flow 275$ Total Debt 1,860 Less: Cash (800) Net Debt 1,060$ 2021E Net Debt / Adjusted EBITDA 1.9x (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition SUSTAINABILITY • Most recent Sustainability report substantially expanded disclosure on key environmental and social topics. • Aligned with leading reporting frameworks – GRI, SASB, TCFD.
D is t. ) K W R R P M P P G A V Y F U L G C P IF F H X L F M C F O E H U N E C L K R A E M N A S H C E S C L G R A A LB Median: 5%Median: 3% Source: Peer data per Bloomberg market data as of April 27, 2021 Avient reflects 2021 estimated revenue of $4,300M 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.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA Median: 84% Median: 77% HIGH FREE CASH FLOW CONVERSION Avient reflects 2021 estimated EBITDA of $560M and excludes one-time synergy capture CAPEX ($20M) Source: Peer data per Bloomberg market data as of April 27, 2021 87 89 87 86 82 81 76 88 87 84 82 81 78 77 77 77 76 73 70 69 50 19 A vi en t K W R P P G R P M A V Y F U L G C P F M C IF F H X L U N V R E C L A S H C E B N R F O E E M N G R A H U N K R A S C L A L B Source: Peer data per Bloomberg market data as of April 27, 2021 Total Enterprise Value / 2021E EBITDA Our current valuation with updated guidance implies an EBITDA multiple that is below specialty formulator peers and the majority of our chemical peers.
https://www.avient.com/sites/default/files/2023-11/reSound BIO TPEs Technical Bulletin.pdf
TECHNICAL BULLETIN reSound™ BIO Thermoplastic Elastomers Customizable Bio-based TPEs reSound™ BIO TPEs are formulated utilizing between 35 and 60 percent bio-renewable content.
https://www.avient.com/sites/default/files/2020-09/sem-stain-resistant-technical-bulletin.pdf
Based on visual test results TECHNICAL BULLETIN TEST METHOD: INDIGO STAIN RESISTANCE TEST The same rigorous method used to test for staining on automotive interior seats, Ford Laboratory Test Method – BN 107-01, was used.
https://www.avient.com/sites/default/files/2021-06/edgetek-et8900-cr-technical-bulletin.pdf
TECHNICAL BULLETIN 1.844.4AVIENT www.avient.com Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2021-02/versaflex-non-blooming-solution-technical-bulletin.pdf
TECHNICAL BULLETIN 1.844.4AVIENT www.avient.com PROPERTY TEST METHOD UNITS VERSAFLEX™ CE 3130-80N VERSAFLEX™ CE 3130-70N Shore Hardness ASTM D2240 Shore A 79 69 Specific Gravity ASTM D792 g/cm3 1.08 1.04 Tensile Strength ASTM D412 psi 2,484 2,222 Melting Flow Index (190°C, 21.6kg) ASTM D1238 g/10min 5.2 4.4 Elongation ASTM D412 % 864 667 Flexural Modulus @ 300% ASTM D790 psi 975 855 Viscosity @ 11,170 sec, 200°C ASTM D3835 Pa.s 30.6 22.2 Abrasion (Mass Lost) ASTM D3389 mg 1.1 2.6 UV Resistance 0.68W/m2 45°C 168hours — Good Good Stain Resistance *Condition 1 *Condition 2 — Excellent Excellent Blooming 85% RH 30°C,168 hours — Non Non Processing (Demold) — — Excellent Good Cycle Time — — Short Middle Overmold Substrate — — PC/ABS PC/ABS KEY PROPERTIES AND OVERMOLD PERFORMANCE Copyright © 2021, Avient Corporation.