https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Presentation - Website.pdf
Pro Forma Financial Information The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
To provide comparable results, the company references “pro forma” financial metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
GUIDANCE $800 $754 Guidance Actual $128 $123 Guidance Actual Sales Adjusted EBITDA (in millions) $0.56 $0.57 Guidance Actual Adjusted EPS (in millions) 9 • Demand impacted by destocking and cautious customer sentiment • Positive net price benefit: o CAI - Pricing flat and raw material deflation o SEM - Pricing flat with unfavorable mix related to healthcare, more than offset with raw material deflation • Cost reductions driven by Clariant synergies and reduced administrative costs Q3 EBITDA BRIDGE ($ millions) CAI: Price / Mix -) Deflation 22) SEM: Price / Mix (6) Deflation 13) Net Price Benefit 29) Cost Reductions 13) Wage Inflation (8) FX 1) Q3 2023 Actual $ 123) Adjusted EBITDA Q3 2022 Pro Forma $ 137) Demand (49) 10 2023 G U I DAN CE Q4 2023 GUIDANCE VS.
https://www.avient.com/sites/default/files/resources/TPE_Overmolding_Solutions_for_Engineering_Thermoplastics.pdf
A schematic diagram of this test procedure is shown in figure 1.
Figure 1: Schematic diagram of peel adhesion testing.
Table 1: Physical properties of developed overmold compounds.
https://www.avient.com/sites/default/files/2022-04/Edgetek PKE Processing Guide.pdf
BARREL TEMPERATURES ENGLISH (°F) METRIC (°C) COMMENTS Zone 1 - Rear 420° F 460° F 216° C 238° C Long residence times are not advised.
Screw Speed Low–moderate Injection Velocity 1–3 inch per second Back Pressure Low–moderate Pack Pressure 60–80% of max injection pressure Hold Pressure 40–60% of max injection pressure Cool Time 10–30 seconds (depends on part geometry and dimensional stability) Residence Time Long residence times are not advised 1.844.4AVIENT www.avient.com Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2020-07/phthalate-facts-brochure.pdf
Selected for their strong performance and durability, phthalates are the most commonly used plasticizers in the world.1 In recent years, concerns have been raised over the use of phthalates, giving rise to myths and unfounded speculation.
PHTHALATES FACTS PHTHALATES ARE KNOWN TO BREAK DOWN IN THE HUMAN BODY Research has shown that after entering the body, phthalate are broken down into metabolites within minutes and pass out quickly in urine.2 PHTHALATE EXPOSURE IS CONSIDERED LOW Despite the fact that phthalates are used in a wide range of products, human exposure from all sources is considered to be extremely low.2 PHTHALATES ARE A USEFUL CHOICE FOR HEALTHCARE Flexible vinyl tubing does not react with most medications, allowing for reliable administration of drugs, while flexible vinyl bags prevent blood contamination and extend shelf life of the blood.3 PHTHALATES ARE REGULATED Based on earlier studies, a few specific phthalates have been banned for use in toys or other items for sale to children under twelve to reduce risk of overexposure through hand-to- mouth behaviors. 1 Source: chemicalsafetyfacts.org 2 Source: Centers for Disease Control and Prevention 3 Source: thisisplastics.com www.avient.com Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2021-06/edgetek-et8900-cr-processing-guide.pdf
BARREL TEMPERATURES ENGLISH (°F) METRIC (°C) COMMENTS Zone 1 - Rear 410°F 450°F 210°C 230°C If smoking starts to occur, purge machine immediately and reduce mold and barrel temperatures.
DRYING CONDITIONS ENGLISH (°F) METRIC (°C) Temperature 180°F 80°C Duration 2–4 Hours Moisture Level Allowable 0.05%–0.20% PROCESSING Screw Speed Typical screw speeds are recommended Injection Velocity 1–3 inch per second Back Pressure Lower back pressure is recommended Pack Pressure 60–80% of max injection pressure Hold Pressure 40–60% of max injection pressure Cool Time 10–30 seconds (depends on part geometry and dimensional stability) Residence Time Longer residence times are not advised 1.844.4AVIENT www.avient.com Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2023-01/ECCOH XL Cross-Linkable Solutions for Photovoltaic Cable _8148_ Product Bulletin.pdf
They have outstanding UV and weather resistance, passing Arrhenius lifetime prediction tests of 20,000 hours as per the IEC 60216-1 standard.
They pass EN 50618 and IEC 60332-1 standards on the assembled cable (if the cable jacketing and insulation are both produced with ECCOH XL 8148 solutions).
https://www.avient.com/sites/default/files/2020-08/tpes-for-automotive-industry-bulletin.pdf
INDUSTRY BULLETIN STANDARD UNITS ONFLEX LO 7120-45N Volatile Organic Compounds VDA 278 ug/g(ppm) 41 Fogging VDA 278 ug/g(ppm) 521 Odor • Control • Dry conditions • Wet conditions SAE J1351 (15) 1-10 Scale 1 2 1 Compression Set (23°C) • 22 hours • 70 hours ASTM D395 % 14.4 14.6 Capillary Viscosity • 1341/s • 11170/s ASTM D3835 Pa*s 35 7 HVAC SYSTEMS OnFlex™ LO • Features: low VOC/FOG, low odor, good compression set, easy processing, overmolds to polypropylene • Example applications: seals and flaps in heating, ventilation and air conditioning systems CHARACTERISTICS ONFLEX™ LO ONFLEX™ AF TPE GENERAL PURPOSE TPV TPO Volatile Organic Compounds (VDA 278) Very Low Moderate Moderate Moderate Very Low Fogging (VDA 278 & DIN 75201) Very Low Moderate Moderate High Very Low Odor (VDA 270 Requirement ≤3.0) ≤3.0 ≤3.0 >3 >3 ≤3.0 Gloss Level Low Low Low Very Low High Tactile Feel Grippy Grippy Grippy Grippy Waxy Pre-Drying Required No No No Yes No Raw Material Costs $$ $$ $$ $$$ $ Compression Set @ RT Good Good Good Excellent N/A Compression Set @ ≥70°C Moderate Moderate Moderate Good N/A UV Resistance Good Excellent Good Good Good Weatherability Good Excellent Good Good Good Hardness Range Low to High Low to High Low to High Low to High High Density (g/ml) 1.15 0.99 0.90–1.20 0.95–0.98 0.90–1.20 GENERAL CHARACTERISTICS COMPARING TPE, TPV, TPO Grades shown on both pages are representative of solutions manufactured in North America, more grades available globally.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-strengthmembers.pdf
HMPE for example, has a specific gravity less than 1 and will float in water. • Corrosion Since our products are non-corrosive, they offer outstanding performance in corrosive environments, including marine and off- shore applications. • Conductivity High-performance synthetic fibers act as a barrier between eletrical components. • Creep When exposed to static long-term loads, synthetic fibers stretch very little.
POPULAR COATED STRENGTH MEMBERS MOVING HIGH PERFORMANCE FIBERS FORWARD LOCATIONS Headquarters, R&D, Manufacturing FIBER-LINE® LLC 3050 Campus Drive Hatfield, PA 19440 +1 215.997.9181 fiber@fiber-line.com Manufacturing Operations FIBER-LINE® LLC 280 Performance Drive SE Hickory, NC 28602 +1 828.326.8700 fiber@fiber-line.com EMEA & Asia Pacific Operations FIBER-LINE® INTERNATIONAL B.V.
https://www.avient.com/sites/default/files/2020-09/stan-tone-pep-et-product-bulletin.pdf
% Pigment Specific Gravity Color Index Lightfastness WHITE 10PEP03 Titanium Dioxide, Rutile 60 2.06 PW-6 I/O YELLOW 12PEP01 Diarylide AAOT GS 20 1.24 PY-14 I 12PEP03 Diarylide HR RS 25 1.23 PY-83 I/O (Mass) 13PEP02 Isoindolinone RS 25 1.31 PY-110 I/O 13PEP03 Benzimidazolone GS 25 1.25 PY-151 I/O (Mass) 81PEP01 Iron Oxide 60 2.07 PY-42 I/O ORANGE 15PEP03 Benzimidazolone RS 25 1.27 PO-36 I/O RED 23PEP04 Quinacridone BS 25 1.24 PV-19 I/O 23PEP06 Specialty Naphthol BS 25 1.23 PR-170 I/O (Mass) C 25PEP01 Red 2B, Ca Salt BS 17 1.26 PR-48:2 I/O (Mass) 28PEP01 Red 2B, Ba Salt YS 25 1.32 PR48:1 I/O (Mass) 82PEP01 Iron Oxide, Light YS 27 1.5 PR-101 I/O 82PEP02 Iron Oxide, Light BS 60 2.2 PR-101 I/O 82PEP04 Iron Oxide, Light VYS 60 2.2 PR-101 I/O 82PEP05 Iron Oxide, Dark VBS 60 2.21 PR-101 I/O BLUE 40PEP01 Phthalocyanine GS 25 1.27 PB-15:3 I/O 40PEP05 Phthalocyanine RS 25 1.27 PB-15 I/O 42PEP02 Ultramarine 35 1.44 PB-29 I/O 49PEP01 Cobalt 31 1.54 PB-28 I/O GREEN 50PEP01 Phthalocyanine BS 16 1.28 PG-7 I/O 50PEP03 Phthalocyanine YS 16 1.28 PG-7 I/O 59PEP02 Chromium Oxide 70 2.6 PG-17 I/O VIOLET/MAGENTA 24PEP03 Quinacridone Violet 20 1.24 PV-19 I/O 24PEP04 Ultramarine Violet 50 1.69 PV-15 I/O 24PEP05 Quinacridone Magenta 20 1.24 PR-122 I/O 24PEP06 Benzimidazolone 20 1.23 PV-32 I/O 24PEP07 Carbazole Violet 13 1.22 PV-23 I/O BROWN/TAN 83PEP01 Iron Oxide, Light 34 1.6 PBr-6 I/O 83PEP02 Iron Oxide, Dark 29 1.51 PBr-6 I/O BLACK 90PEP01 Furnace - High Jet 24 1.3 PBk-7 I/O 90PEP04 Furnace - Medium 17 1.27 PBk-7 I/O 90PEP05 Iron Oxide 33 1.58 PBk-11 I/O POLYESTER URETHANE PASTE COLORANTS (PEP) Stan-Tone Code Pigment Type Approx. % Pigment Specific Gravity Color Index Lightfastness WHITE 10ET03 Titanium Dioxide, Rutile 56 1.74 PW-6 I/O YELLOW 12ET01 Diarylide AAOT GS 40 1.15 PY-14 I 12ET03 Diarylide HR RS 20 1.07 PY-83 I/O (Mass) 13ET02 Isoindolinone RS 20 1.11 PY-110 I/O 13ET03 Benzimidazolone GS 20 1.08 PY-151 I/O (Mass) 81ET01 Iron Oxide 60 1.84 PY-42 I/O ORANGE 15ET03 Benzimidazolone RS 25 1.11 PO-36 I/O RED 20ET01 Red Lake C YS 30 1.16 PR-53 I 22ET01 Lithol Rubine BS 30 1.17 PR-57:1 I 23ET04 Quinacridone BS 15 1.05 PV-19 I/O 23ET06 Specialty Naphthol BS 30 1.09 PR-170 I/O (Mass) C 25ET01 Red 2B, Ca Salt BS 29 1.15 PR-48:2 I/O (Mass) 28ET01 Red 2B, Ba Salt YS 30 1.18 PR-48:1 I/O (Mass) 82ET01 Iron Oxide, Light BS 60 1.94 PR-101 I/O 82ET02 Iron Oxide, Dark VBS 60 1.95 PR-101 I/O 82ET04 Iron Oxide, Light VYS 60 1.94 PR-101 I/O BLUE 40ET01 Phthalocyanine GS 25 1.11 PB-15:3 I/O 40ET05 Phthalocyanine RS 20 1.09 PB-15 I/O 42ET02 Ultramarine 55 1.46 PB-29 I/O 49ET01 Cobalt 65 2.02 PB-28 I/O GREEN 50ET01 Phthalocyanine BS 30 1.2 PG-7 I/O 50ET03 Phthalocyanine YS 25 1.16 PG-7 I/O 59ET01 Chromium Oxide 65 2.12 PG-17 I/O VIOLET/MAGENTA 24ET03 Quinacridone Violet 20 1.08 PV-19 I/O 24ET04 Ultramarine Violet 60 1.66 PV-15 I/O 24ET05 Quinacridone Magenta 20 1.08 PR-122 I/O 24ET06 Benzimidazolone 25 1.08 PV-32 I/O 24ET07 Carbazole Violet 13 1.05 PV-23 I/O BROWN/TAN 83ET01 Iron Oxide, Light 64 2.02 PBr-6 I/O 83ET02 Iron Oxide, Dark 60 1.9 PBr-6 I/O BLACK 90ET04 Furnace - Medium 22 1.12 PBk-7 I/O 90ET05 Iron Oxide 60 1.9 PBk-11 I/O POLYETHER URETHANE PASTE COLORANTS (ET) PEP/ET RS = Red Shade YS = Yellow Shade VYS = Very Yellow Shade BS = Blue Shade VBS = Very Blue Shade GS = Green Shade HR = Heat-Resistant LIGHTFASTNESS I = Indoor Only I/O = Indoor or Outdoor Mass = Outdoor Masstone Application Only C = Some Caution Advised www.avient.com Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2021-07/lactra-low-tio2-product-bulletin_0.pdf
Consequentially many brand owners are already looking to reduce the inorganic content in their packaging to
TECHNOLOGY BENEFITS • Improved light blocking performance up to 99.9% at 550nm and 700nm • Brighter whiteness L* >90 even in thin wall sections (0.21mm) • Plug & go solution—processes similar to virgin PET • Process with standard PET grades and rPET • Reduces equipment wear and tear • TiO2 content of
This literature shall NOT operate as permission, recommendation, or inducement to practice any patented invention without permission of the patent owner. 1.844.4AVIENT www.avient.com PROPERTIES LACTRA™ FOUR LACTRA™ ONE LACTRA™ ZERO TiO2 % in bottles at UHT LDR 3% 1% 0% Recommended LDR for UHT 10% 7% 10% Light blocking at 550nm at UHT LDR >99.9% >99.8% >99.9% Light blocking at 700nm at UHT LDR >99.9% >99.8% >99.9% Color L* >90 >88 >90 COLORMATRIX LACTRA LOW-TIO2 RANGE