https://www.avient.com/investor-center/news/avient-expects-double-digit-sales-growth-5g-applications
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows including without any limitation, any supply chain and logistics issues; the speed and strength of growth in the global 5G infrastructure market; our ability to achieve the strategic and other objectives relating to the acquisition of Clariant's Masterbatch business, including any expected synergies; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve the anticipated financial benefit from initiatives related to acquisition and integration working capital reductions, cost reductions and employee productivity goals; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; our ability to consummate and successfully integrate acquisitions; and amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions.
https://www.avient.com/sites/default/files/2020-09/versaflex-pf-technical-bulletin-sept-2020-pt-br.pdf
VERSAFLEX™ PF Camada de aderência para para películas protetoras de superfície BOLETIM TÉCNICO Propriedades Versaflex PF MD6727 Versaflex PF DM6741 Versaflex PF DM6649 Versaflex PF 9512 Versaflex PF MD6666 Versaflex PF DM6748 Versaflex PF DM6700 Características Baixa aderência Baixa aderência; usado para personalizar aderência com MD6700 Aderência de baixa a média Oferta de valor Aderência média Gel/resíduos baixos Estrutura de baixa aderência Alta aderência Resistência a descolamento Baixa Baixa a média Média Média a alta Média a alta Alta Alta Aplicações Películas ópticas Eletrodomésticos Plásticos Construção/metais expostos Metais acabados Aço/metais pintados Metais expostos MFR a 190 °C/2,16 kg -- 4,5 17 5,4 21 4,8 6,5 MFR a 230 °C/2,16 kg 10 20 -- -- -- -- -- Gravidade específica, g/cc 0,92 0,91 0,92 0,92 0,94 0,94 0,94 Dureza, Shore A 50 49 37 38 37 31 30 G' a 23°C, Pa 28,0 x 105 10,4 x 106 8,3 x 105 -- 9,9 x 105 11,8 x 105 10,0 x 105 DMA Tg, °C -29 -30 -9 10 11 15 21 Película LDPE/Versaflex PF1 Descolamento de 180°, N/25 mm Aço inoxidável após 20 min a 25 °C 0,5 2,2 3,2 6,1 6,7 8,5 8,6 após 7 dias a 25°C 0,6 2,7 4,3 5,5 8,2 8,3 10,3 PMMA2 após 20 min a 25 °C 1,1 1,7 3,8 4,9 6,9 8,3 8,8 após 20 min a 75 °C 2,8 4,1 5,1 6,9 9,0 10,7 11,8 após 7 dias a 75°C 4,0 4,4 5,9 9,8 8,4 9,8 10,3 Policarbonato3 após 20 min a 25 °C 1,4 2,2 3,8 6,8 6,3 8,4 7,0 após 20 min a 75 °C 3,4 4,8 6,7 8,8 8,8 10,0 11,8 após 7 dias a 75°C 4,6 6,5 7,5 10,6 11,6 10,6 13,8 1 Espessura da película: LDPE 51 mícrons/Versaflex PF 25 mícrons 2 Arkema Plexiglas™ V052-100 (Plexiglas é uma marca comercial da Arkema France Corp). 3 Sabic Lexan™ L52-111 (Lexan é uma marca comercial da Sabic Innovative Plastics) PROPRIEDADES FÍSICAS DE FORMULAÇÕES DE CAMADA DE ADERÊNCIA VERSAFLEX PF SELECIONADAS DESCRIÇÃO DO PRODUTO As formulações Versaflex™ PF são especialmente desenvolvidas para a fabricação de películas protetoras de superfície coextrudadas de fácil aplicação, mantêm a aderência com espessura mínima, descolam suavemente e são removidas completamente, sem nenhum ou com pouco resíduo.
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
To provide comparable financial results, the Company references “pro forma” financial metrics, which include the business results of Clariant Color for periods prior to the Acquisition Date.
Morgan • New Senior Secured Term Loan B and new Senior Unsecured Notes • Potential proceeds from sale of Distribution business modeled to pay off 5.25% senior notes due 2023 and Term Loan • Acquisition aligned with Avient’s track record of disciplined capital allocation policy • Existing dividend policy maintained, focus on deleveraging in the near term (1) (1) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan Cash and Cash Equivalents 595$ Senior Secured Term Loan due 2026 605$ New Senior Secured Term Loan B 500 Total Senior Secured Debt 1,105$ Senior Unsecured Notes due 2025 650$ New Senior Unsecured Notes 740 Total Senior Unsecured Debt 1,390$ Total Debt 2,495$ Net Debt 1,900$ 2022 Pro forma Adjusted EBITDA 660$ Net Debt / Adjusted EBITDA 2.9x Pro Forma Capitalization (2022 estimates, all figures in $M) TWO-YEAR LEVERAGE GOAL 24 3.5x 2.7x 1.7x 2.9x 2.5x 2.2x 2019PF 2020PF 2022E 2022PF 2023E 2024E Dyneema® AcquisitionClariant Color Acquisition (1) Pro forma for the acquisition of the Clariant Color business (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan (1) (1) (2) 25 PRO FORMA MODELING 2022E Pro Forma Pro Forma ($M) w/ Dyneema w/Sale Revenue 5,100$ 415$ 5,515$ (1,775)$ 3,740$ Adjusted EBITDA 635 130 765 (105) 660 EBITDA % 12% 31% 14% 6% 18% Pro Forma EPS (Adjusted) 3.50$ 0.00$ 3.50$ (0.56)$ 2.94$ Pro Forma EPS (excl. amortization) 3.96$ 0.35$ 4.31$ (0.56)$ 3.75$ Leverage (12/31/2022E) Net Debt / Adjusted EBITDA 1.7x 3.5x 2.9x Avient Dyneema Distribution® ® OUR SPECIALTY JOURNEY ACQUISITION HISTORY 27 Commercial Resources(1) Operating Income ($ in millions) Operating Margins 259 360 At Acquisition 2021 $40 $122 At Acquisition 2021 9% 21% At Acquisition 2021 Established Acquisitions (> 7 years) + 39% + 210% + 1200 bps (1) Commercial Resources include associate headcount in R&D / Technical, Marketing and Sales CLARIANT COLOR ACQUISITION 28 $133 $205 2019PF 2021 28 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.1x 2019PF 2021 2021 w/ Full Synergies • Acquisition of Clariant Color business significantly expanded presence in healthcare, packaging and consumer end markets • Strength of portfolio – double-digit annual EBITDA growth since acquisition • $54 million of synergies realized in 2021 • Acquisition completed on July 1, 2020 for $1.45 billion.