https://www.avient.com/investor-center/news/avient-announces-second-quarter-2024-results
Specialty Engineered Materials
Specialty Engineered Materials
Specialty Engineered Materials
https://www.avient.com/sites/default/files/resources/POL%2520Gabelli%2520IR%2520Presentation%2520w%2520Non-GAAP%252003%252020%25202014.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Platform operating income mix percentage 2005Y* 2006* 2008Y* 2010Y* 2013Y Global Specialty Engineered Materials $ 0.4 $ 3.9 $ 17.6 $ 49.7 $ 57.2 Global Color, Additives and Inks 4.3 8.9 28.1 37.7 104.0 Designed Structures and Solutions - - - - 33.4 Specialty Platform $ 4.7 $ 12.8 $ 45.7 $ 87.4 $ 194.6 Performance Products and Solutions 75.7 64.2 31.3 54.0 56.0 Distribution 19.5 19.2 28.1 42.0 63.3 SunBelt Joint venture 91.9 102.9 28.6 18.9 - Corporate (51.5) 34.5 (425.1) (27.7) (82.4) Operating income (loss) GAAP $ 140.3 $ 233.6 $ (291.4) $ 174.6 $ 231.5 Less: Corporate operating expense 51.5 (34.5) 425.1 27.7 82.4 Operating income excluding Corporate $ 191.8 $ 199.1 $ 133.7 $ 202.3 $ 313.9 Specialty platform operating mix percentage 2% 6% 34% 43% 62% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
Reconciliation to Condensed Consolidated Balance Sheets 2013 Short-term debt and current portion of long-term debt $ 12.7 Long-term debt 976.2 Less cash and cash equivalents (365.2) Net debt $ 623.7 Adjusted EBITDA 2013 Income before income taxes $ 151.0 Interest expense, net 63.5 Depreciation and amortization 108.8 Special items in EBITDA 31.7 Adjusted EBITDA $ 355.0 2 Platform sales and operating income (OI) 2006Y* 2013Y Global Specialty Engineered Materials sales $ 345.3 $ 615.5 Global Color, Additives and Inks sales 531.8 852.3 Designed Structures and Solutions sales - 597.4 Specialty Platform sales 877.1 2,065.2 Performance Products and Solutions sales 1,166.2 773.2 PolyOne Distribution sales 732.8 1,075.2 Corporate and eliminations (153.7) (142.4) Total sales $ 2,622.4 $ 3,771.2 Global Specialty Engineered Materials OI $ 3.9 $ 57.2 Global Color, Additives and Inks OI 8.9 104.0 Designed Structures & Solutions OI - 33.4 Specialty Platform OI 12.8 194.6 Performance Products and Solutions OI 64.2 56.0 PolyOne Distribution OI 19.2 63.3 Sunbelt Joint Venture OI 102.9 - Corporate and eliminations (4.6) (52.4) Special items in OI 39.1 (30.0) Operating income GAAP 233.6 231.5 Sunbelt equity income (107.0) - Special items in OI (39.1) 30.0 Adjusted operating income $ 87.5 $ 261.5 Global Specialty Engineered Materials - OI % of sales 1.1% 9.3% Global Color, Additives and Inks - OI % of sales 1.7% 12.2% Designed Structures & Solutions - OI % of sales - 5.6% Specialty platform OI - % of sales 1.5% 9.4% PP&S operating OI - % of sales 5.5% 7.2% Distribution OI - % of sales 2.6% 5.9% PolyOne OI adjusted - % of sales 3.3% 6.9% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/resources/AquaMix-_Fact_Sheet__72831-B_%25281%2529.pdf
Wingstay® is a registered trademark of Eliochem Materials and Concepts.
It is highly recommended that these materials be thoroughly mixed prior to use.
Wingstay® is a registered trademark of Eliochem Materials and Concepts.
https://www.avient.com/sites/default/files/2021-02/never-summer-case-study-one-pager.pdf
NEVER SUMMER S N O W B O A R D S • Lightweight reinforcement that combines both structure and flexibility • Corrosion and moisture resistant • Consistent, durable performance • Provided structural integrity with strong yet flexible composite materials • Prevented rot and corrosion in a waterproof core layer • Added fatigue and stress resistance for reliable performance and long product life • Simplified manufacturing with consolidated material, reducing VOCs and labor intensive composite lay-up assembly Gordon Composites™ thermoset laminates KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2023-10/Complet LFT Wheelchair Caster Wheels - case study snapshot.pdf
WHEELCHAIR OEM C A S T E R W H E E L • Composite to replace a traditional aluminum caster • Lightweight, strong material that can withstand the rigor of daily use • Corrosion-resistant solution to reduce cost and frequency of maintenance • Formulated two materials that chemically bond seamlessly to minimize slip • Reduced weight by 33% (280g), supporting improved user maneuverability • Offered an injection-moldable alternative to metal that led to a more functional design and reduced vibration Complēt™ Long Carbon Fiber Nylon 6/6 and TPU Formulations KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/dynaflex-g-cooler-feet-wagon-wheel-tread.pdf
Dynaflex G - Cooler Feet & Wagon Wheel Tread COOLER MANUFACTURER C O O L E R F E E T & W A G O N W H E E L T R E A D • Abrasion resistance and excellent tear strength • UV and heat stability • Overmoldable to PP or PC • Provided durable TPE materials at target durometers to achieve component-specific performance requirements • Offered rapid response technical support for mold trials and guidance on processing best practices • Delivered consistent material quality globally and with short lead times Dynaflex™ G KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-dynaflex-medical-face-mask.pdf
EUROPEAN MEDICAL DEVICE MANUFACTURER F A C E M A S K V E N T I L A T I O N V A L V E • ISO 9001 and USP VI compliant • Compatible with overmolding onto PP • Translucent and highly colorable • Soft touch • Provided valuable regulatory support and documentation, enabling faster internal trials and material qualification for this customer • Worked together with customer to select the best material from a broad portfolio of medical TPE grades • Trusted as a polymer supplier for multiple healthcare applications Dynaflex™ G2711 Thermoplastic Elastomer KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-10/gravi-tech-spirit-bottle-cap-disk.pdf
LUXURY CLOSURE MANUFACTURER S P I R I T B O T T L E C A P D I S K • Specific gravity of 2.6 to match incumbent metal weight • Polypropylene-based material suitable for physical vapor deposition (PVD) surface treatment • Provided an easy-to-process material with an excellent surface finish for metallization • Met custom weight target and used a magnetic filler to support the magnetic system in the PVD metallization process • Enabled more design freedom by eliminating metal working Gravi-Tech™ Density Modified Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2023-08/Gravi-Tech Formulations - Hearing Protection Headset - Case Study Snapshot.pdf
SAFETY EQUIPMENT MANUFACTURER H E A R I N G P R O T E C T I O N H E A D S E T • High performing acoustic solution • Lightweight material • Good surface aspect • Lost cost solution • Met acoustic test and chemical resistance requirements. • Collaborated with Avient Design team for design support and material performance simulation • Provided great service, with support from Color & Additive colleagues in Brazil.
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?