https://www.avient.com/investor-center/news/polyone-announces-second-quarter-2017-results
is a premier provider of specialized polymer materials, services and solutions.
Specialty Engineered Materials
Specialty Engineered Materials
https://www.avient.com/investor-center/news/polyone-announces-fourth-quarter-and-full-year-2017-results
premier provider of specialized polymer materials, services and solutions.
Specialty Engineered Materials
Specialty Engineered Materials
https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
Coupled with expanding margins, and early
synergy capture related to the Clariant Masterbatch acquisition, this led to a 68% increase in
adjusted EPS to $0.89 versus $0.53 in the prior year.
2
Specialty EBITDA Margins
Mr.
We specialize in formulating sustainable solutions to meet our customers’
toughest challenges, and I am proud of how well our team has delivered throughout the COVID-
19 pandemic and recent supply chain disruptions.”
The Specialty Engineered Materials segment also achieved its highest-ever quarterly operating
income at $34 million, a 53% increase over the prior year.
https://www.avient.com/investors/investor-news?page=18
PolyOne To Present at the Gabelli & Company Specialty Chemical Conference...
PolyOne Launches New Specialty Technologies at K 2016 Trade Show...
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_5.pdf
Color, Additives and Inks (CAI) Specialty Engineered Materials (SEM)
1.
While
conventional air emissions are a critical and a highly-
influential topic in some industrial sectors, as a specialty
formulator of purchased materials, Avient’s conventional
air emission levels from legacy operations are de minimis
and not material.
Avient does not use PFOA or PFOS in its product formulations.
https://www.avient.com/sites/default/files/2024-08/Avient 2023 Sustainability Report_6.pdf
Color, Additives and Inks (CAI) Specialty Engineered Materials (SEM)
1.
While
conventional air emissions are a critical and a highly-
influential topic in some industrial sectors, as a specialty
formulator of purchased materials, Avient’s conventional
air emission levels from legacy operations are de minimis
and not material.
Avient does not use PFOA or PFOS in its product formulations.
https://www.avient.com/resource-center?document_type=59&document_subtype=127&industry=0&product_family=81&product_subfamily=0&product_name=0&op=FILTER RESULTS&form_build_id=form-Ojq3VtEkRrXIsgZSyKvAgO_Z3JHuKtjJLR7xfOXoAI8&form_id=resource_filter_form&page=3
Artisan™ high-gloss, metallic effect ABS formulation provided paint replacement solution to meet electronic applications needs
Stat-Tech™ ST7400-8010 ESD Formulations improved electrical conductivity for fire alarm
Artisan™ high-gloss, pre-colored nylon (PA6) formulation provided paint replacement solution to meet brand needs
https://www.avient.com/resource-center?document_subtype=127&document_type=59&form_build_id=form-Ojq3VtEkRrXIsgZSyKvAgO_Z3JHuKtjJLR7xfOXoAI8&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=81&product_name=0&product_subfamily=0&page=3
Artisan™ high-gloss, metallic effect ABS formulation provided paint replacement solution to meet electronic applications needs
Stat-Tech™ ST7400-8010 ESD Formulations improved electrical conductivity for fire alarm
Artisan™ high-gloss, pre-colored nylon (PA6) formulation provided paint replacement solution to meet brand needs
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Circular Economy 2022.pdf
The materials, parts, polymers, chemicals
and other components of the things we use are all designed to re-enter the
ecosystem that helped produce them.
Solutions that
Support the
Circular Economy
REDUCED ENERGY USE
CESA™ Dry Additives
CESA™ Release Additives
OnCap™ CTR Process Optimization
ColorMatrix™ Joule™ & Smartheat™ Infrared Absorber
Specialty Low Cure Inks
SiteCool™ Infrared Absorption Technologies
BIO-DERIVED CONTENT
reSound™ OM Bio-Derived Thermoplastic Elastomers
reFlex™ Bio-Derived Plasticizer
OnCap™ Bio Additives
OnColor™ Bio Colorants
reSound™ Natural Fiber Reinforced Formulations
LIGHTWEIGHTING
Glasforms™ Pultrusion Technologies
Polystrand™ Continuous Fiber Composites
IMPROVED RECYCABILITY
CESA™ IR Black Additives
CESA™ Extend Additives
ColorMatrix™ Lactra™ SX Light Blocking Additive for PET
ColorMatrix™ Ultimate™ UV Light Barrier
ColorMatrix™ Capture™ Oxygen Scavenger for PET
ColorMatrix™ Triple A™ Acetaldehyde Scavenging Additives
ColorMatrix™ Reprize™ IV Builder for PET
OnColor™ IR Sortable Black for Recyclable Packaging
Bergadur™ Post-Industrial Recycled Content Polyester
Formulations
Nymax™ PIR Post-Industrial Recycled Nylon Formulations
Maxxam™ FR Flame Retardant Polyolefin Formulations
Predictions
Gartner predicts circular economies will replace linear economies in 10 years,
noting that supply chain leaders must adapt to circular models in order to
keep up in a marketplace with a growing emphasis on sustainability.
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
Avient’s performance in this environment has been
differentiated as a result of our specialty focus, end market transformation and excellence in
execution.”
In addition, the acquisition of Clariant’s color business in July 2020 has been
transformational to our portfolio and helped us become the specialty formulator we are today.
Three Months Ended
December 31,
Year Ended
December 31,
2021 2020 2021 2020
Sales:
Color, Additives and Inks $ 581.3 $ 525.8 $ 2,401.6 $ 1,502.9
Specialty Engineered Materials 228.2 190.6 918.9 708.8
Distribution 425.0 305.1 1,630.9 1,110.3
Corporate and eliminations (33.0) (24.5) (132.6) (79.9)
Sales $ 1,201.5 $ 997.0 $ 4,818.8 $ 3,242.1
Gross margin:
Color, Additives and Inks $ 164.5 $ 164.3 $ 727.5 $ 484.4
Specialty Engineered Materials 60.0 59.1 257.4 207.6
Distribution 36.5 32.4 155.8 124.0
Corporate and eliminations (7.9) (2.9) (41.1) (31.7)
Gross margin $ 253.1 $ 252.9 $ 1,099.6 $ 784.3
Selling and administrative expense:
Color, Additives and Inks $ 103.3 $ 106.8 $ 424.4 $ 303.6
Specialty Engineered Materials 31.2 28.7 125.4 113.2
Distribution 14.8 14.4 62.6 54.5
Corporate and eliminations 29.8 38.0 106.0 123.7
Selling and administrative expense $ 179.1 $ 187.9 $ 718.4 $ 595.0
Operating income:
Color, Additives and Inks $ 61.2 $ 57.5 $ 303.1 $ 180.8
Specialty Engineered Materials 28.8 30.4 132.0 94.4
Distribution 21.7 18.0 93.2 69.5
Corporate and eliminations (37.7) (40.9) (147.1) (155.4)
Operating income $ 74.0 $ 65.0 $ 381.2 $ 189.3
13
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current profitability
levels and how it may serve as a basis for future performance.