https://www.avient.com/knowledge-base/article/tote-maker-differentiates-impact-modification?ind[]=6596
They selected a TPE-based impact modifier that could be used at a loading level five percentage points below the current material while still meeting all of the performance requirements, including higher stiffness.
https://www.avient.com/knowledge-base/article/tote-maker-differentiates-impact-modification
They selected a TPE-based impact modifier that could be used at a loading level five percentage points below the current material while still meeting all of the performance requirements, including higher stiffness.
https://www.avient.com/news/archives?page=24
Sustainable TPEs from Avient Featured at SPE TPO Conference
https://www.avient.com/news/archives?page=33
Avient Boosts Aesthetics and Productivity for Consumer Electronics with New Non-Blooming Versaflex™ CE 3130 TPEs
https://www.avient.com/news/archives?page=38
PolyOne Develops New Silicone-Alternative TPE for Medical Tubing
https://www.avient.com/news/archives?page=23
Caption: Avient announces reSound™ Ultra Low Carbon Footprint TPE series with industry-first grades offering a negative or neutral product carbon fo
https://www.avient.com/news/archives?page=57
MANNHEIM, Germany – PolyOne unveiled new OnFlex™ LO thermoplastic elastomers (TPE) today at the VDI Plastics in Automotive Engineer
https://www.avient.com/news/archives?page=46
CLEVELAND – May 9, 2018 – PolyOne Corporation (NYSE: POL) today announced that its thermoplastic elastomer (TPE) materials for packaging are enabl
https://www.avient.com/news/archives?page=66
Comfort Meets Design Freedom in New Overmolding Solution from Versaflex™ VDT Vibration Damping TPE Portfolio
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
7
$133
$201
2019PF 2022E
7
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORIC SPECIALIZATION THROUGH M&A
8
Distribution
DSM Protective
Materials
BOLT-ON ACQUISITION HISTORY
9
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
100%
0%
60%
80%
100%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
10
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.