https://www.avient.com/sites/default/files/2024-09/Maxxam FR Polyolefin Formulations - Product Overview.pdf
Temp (HDT 0,45 MPa) °C 60–100 80–145 80–160 40–80 60–120 60–110 60–100 80–145 80–145 40–80 60–120 60–110
Flammability, UL94 Step V2-V0/5VA V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0
Glow Wire
Flammability Index °C 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960
CTI V 450–00 450–600 450–600 450–600 450–600 450–600 350–600 350–600 350–600 350–600 350–600 350–600
Oil Resistance – + + + + + + + + + + + +
Drying Required – Y Y Y Y Y Y Y Y Y Y Y Y
Process (IM, EX, BM)1 – (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX)
Other Modifications2 – Impact, HS,
GB, T, HS,
UV, LM GF, HS, UV, LM Impact, HS,
GB, T, HS,
UV, LM GF, HS, UV, LM Impact, HS,
UV, LM GF, HS, UV, LM Impact, HS,
GB, T, HS,
UV, LM GF, HS, UV, LM
Descriptions
Lower density
with moderate
strength.
https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
The Company does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for adjusted EBITDA, adjusted earnings per share and free cash flow, to the most comparable GAAP
financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable
effort.
SEGMENT HIGHLIGHTS
37%
22%
14%
Building &
Electrical &
C O L O R , A D D I T I V E S & I N K S
2020 PF REVENUE | $2 .0 BILLION
$9
$320
2005 2020PF
2.0%
15.9%
2020 figures Pro forma estimates for acquisition of the Clariant Masterbatch business
32%
39%
Latin America
END MARKET REGION EBITDA DOLLAR & MARGIN
$5
$120
2005 2020E
59%
18%
Wire & Cable(1)
25%
Electrical &
14%
Building &
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
2020E REVENUE | $700 MILLION
0.9%
17.1%
END MARKET REGION EBITDA DOLLAR & MARGIN
25
(1) Approximately 50% of Wire and Cable sales are associated with Fiber Optic Cabling
30%
24%Packaging
Electrical &
Building &
1%
79%
Latin
America
END MARKET REGION EBITDA DOLLAR & MARGIN
DISTRIBUTION
2020E REVENUE | $ 1 .1 BILLION
$20
$70
2005 2020E
2.9%
6.3%
KEY SUPPL IER S
26
AMERICAS EUROPE ASIA
26%
13%
16%
Building &
5%
Electrical &
35%
14%Healthcare
17%
Building &
Electrical &
32%
26%
12%
Building &
Electrical &
2020 figures Pro forma estimates for acquisition of the Clariant Masterbatch business
TOTA L C O M PA N Y R E G I O N A L S A L E S
BY END MARKET
(58% of sales) (25% of sales) (17% of sales)
27
https://www.avient.com/sites/default/files/2020-10/mulch-films-case-study-spanish.pdf
BIODEGRADABLES Y
COMPOSTABLES
P E L Í C U L A S D E A B O N O
• Cumplimiento de la norma europea EN17033 u OK
Compost
• Estándares de color blanco y negro
disponibles bajo diferentes certificaciones
TÜV Austria (OK Compost y más)
• Soporte completo para la certificación del
producto final para EN13432 y EN17033
• Formuladas con pigmentos probados y
aprobados por un organismo certificado
OnColor™ Bio-Colorants
REQUISITOS CLAVE
¿POR QUÉ AVIENT?
https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
Despite significant supply chain disruptions, the company’s Distribution segment also performed
exceptionally well to start the year, highlighted by record quarterly operating income of $24
million, a 24% increase over the prior year, as sales increased 25% to $363 million.
15.3% 15.2%
16.2%
19.1%
2018 2019 2020 Q1 2021
14.8% 15.2%
17.6%
19.4%
2018 2019 2020 Q1 2021
2018 – 2020 financial information is pro forma to include a full year of
Clariant Masterbatch business acquisition
3
Second Quarter and Full Year 2021 Outlook
Commenting on the Company’s 2021 outlook, Mr.
The Company noted it will provide more details on its 2021 outlook during the webcast scheduled
for 9:00 a.m.
Non-GAAP Reconciliation
The Company does not provide reconciliations of forward-looking non-GAAP financial measures,
such as outlook for adjusted earnings per share, to the most comparable GAAP financial
measures on a forward-looking basis because the Company is unable to provide a meaningful or
accurate calculation or estimation of reconciling items and the information is not available without
unreasonable effort.
https://www.avient.com/sites/default/files/2022-09/ColorMatrix Lactra SX Product Bulletin_Spanish.pdf
Las vitaminas
A, B2 (riboflavina), D y los aminoácidos se pierden,
los lípidos (grasa de la leche) se oxidan y se pueden
desarrollar sabores desagradables debido a la
descomposición resultante.
Estas opciones de envasado suelen tener varias
desventajas debido a su forma y material que
no las hacen amigables para el usuario, como su
manipulación, almacenamiento, apertura, vertido y
cierre.
Como resultado, se minimiza la oxidación
inducida por la luz y se conservan las propiedades
y el gusto, incluso con la prolongada vida útil a
temperatura ambiente común en los productos
lácteos líquidos UHT.
https://www.avient.com/sites/default/files/2020-03/Global_High_Yield_%26_Leverage_Conference %281%29.pdf
Investor Day
G L O B A L H I G H Y I E L D &
L E V E R A G E D F I N A N C E
C O N F E R E N C E
F E B R U A R Y 2 0 2 0
FORWARD LOOKING STATEMENTS
PolyOne Corporation 2
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of 1995.
Cable jacket/sheath– Made of
PE
9
Fiber-Line Product
PolyOne Materials
F I B E R O P T I C A L G R O W T H D R I V E R S
PolyOne Corporation 21
5G Networks
Enable lower latency, greater
flexibility & efficiency
Installation of these networks are
in the very early stages
Installation will start in urban
hubs and will continue to expand
into suburban and rural areas
By 2025, only 14% of the world
will have 5G connections
Growth is expected over multi-
year period
5G technology will be a leading growth driver in fiber optic cable for several years
10x
Speed Increase
&
8x
More Antennae Required
5G vs. 4G
PolyOne Corporation 22
Safety Technology Geography Service FinancialPeople
Low EH&S
risk profile
New and
complementary
technologies
Leverage our
global footprint
Strong
customer
relationships
Foundational
operating
margins of
8-10% with
ability to double
Motivated team
with a specialty
culture
I N V E S T - T O - G R O W M & A S T R A T E G Y
PolyOne Corporation 23
Capture
sourcing
synergies
Cross-sell
& blend
8-10%
operating
margins
I N V E S T - T O - G R O W M & A P L A Y B O O K
Protect
Retain
employees
Implement LSS to
drive efficiency
improvements
Innovate with
combined
portfolio
Safety
First!
Leverage
PolyOne’s
global reach
Phase 1 Phase 2
Phase 3
18-20%
operating
margins
Invest in
commercial
resources
I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E
PolyOne Corporation 24
Commercial
Resources
Operating
Income
($ in millions)
Operating
Margins
256
309
$36
$100
Established Acquisitions
(> 7 years)
+ 20% + 165% + 1000 bps
CLARIANT MASTERBATCH ACQUISITION DRIVES
NEXT LEVEL SPECIALTY TRANSFORMATION
ACCELER ATING GR OWTH WITH
SUSTAINABLE SOLUTIONS
T R A N S F O R M A T I O N H E A D L I N E S
PolyOne Corporation 26
F I T W I T H F O U R P I L L A R S T R A T E G Y
PolyOne Corporation 27
Specialization
• Innovation-led organization with
heavy emphasis on R&D
• World-class expertise in color
formulation
• Strong presence in specialty end
markets including Consumer,
Packaging and Healthcare
Globalization
• Diverse geographic portfolio with
an established presence in every
major region
• Expands PolyOne’s ability to serve
customers in key growth areas
including India, China and
Southeast Asia
Operational
• Extensive manufacturing footprint
with 46 facilities
• Organizational focus on optimizing
supply chain to better serve
• Color design expertise
Commercial
• Value-focused salesforce with vast
experience marketing and
commercializing specialty
technologies
• Diverse customer portfolio with
established OEM’s
People
Experienced and
talented
associates with a
winning mentality
E N D M A R K E T T R A N S F O R M A T I O N
PolyOne Corporation 28
18%
50%
22%
High Growth End Markets
Percentage of Total Revenue
38%
E N D M A R K E T T R A N S F O R M A T I O N
PolyOne Corporation 29
38%
Wire &
Electrical &
Electronic
18%
Building &
Wire &
Electrical &
Electronic
C O M P L E M E N T A R Y G E O G R A P H I C P R E S E N C E
PolyOne Corporation 30
38% Europe
33%
22%
Europe &
Middle East
48%
23%
Color & Engineered
Clariant Masterbatch
Net Sales by Geographic Region
Europe &
Middle East
39%
21%
Pro Forma Color &
Engineered Materials
U N I F I E D F O C U S O N S U S T A I N A B I L I T Y
PolyOne Corporation 31
2006 - 2013
2013 – 2019
PEO PLE
PRO D U C TS PLA N ET
PER FO R M A N C E
Clariant Masterbatch
• Building mini-recycling plants to
facilitate customer projects on
design for recycling - CycleWorks
• Uses packaging additives &
colorants to improve recyclability
and enhance automated sorting
• Manufactures oxygen scavengers
to extend shelf-life of perishable
items and reduce material
requirements
• Combines UV-blocking additive
colorants & other barriers to
prevent spoilage and waste
• Offers spin-dyeing solutions that
use significantly less water than
traditional methods, allowing for
sustainable coloration of textiles
• Produces infrared absorbing
additives that reduce energy
requirements for bottle
manufacturing
($ in millions)
(Continuing
Operations)
Clariant Color &
Additive Masterbatch
Synergies
New
2019 Total Sales $2,863 $1,150 $4,013
2019 Adjusted EBITDA $309 $130 $60 $499
% Margin 10.8% 11.3% 12.4%
2019 CapEx $68 $85
% Sales 2.4% 2.1%
2019 Free Cash Flow $161 $250
2019 Adjusted EPS $1.69 $2.22
2019 PF Adjusted EPS $1.69 $2.54
P O L Y O N E + C L A R I A N T M A S T E R B A T C H B U S I N E S S
PolyOne Corporation 32
(1) Excludes step-up of depreciation & amortization related to purchase accounting of transaction
(1)
$0.85/share
O V E R 8 5 % O F A D J U S T E D E B I T D A F R O M S P E C I A L T Y
PolyOne Corporation 33
46%
66%
0%
40%
60%
80%
100%
2005 2010 2015 2019E PF
%
o
f
A
d
ju
st
e
d
E
B
IT
D
A
*
JV's Performance Products & Solutions Distribution Specialty
87%
* Adjusted EBITDA is EBITDA excluding corporate costs and special items
** 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business acquisition with synergies
Specialty EBITDA $14M $117M $273M $500M
**
T R A N S A C T I O N O V E R V I E W
• Expected mid-2020, subject to regulatory approvals and customary closing conditions
Closing
Conditions /
Timing
• Committed financing in place
• Permanent financing to be combination of available cash on-hand, new debt and equity component to limit leverage
• Equity issuance of $500MM
• Target net leverage below 3.5x, 3.1x synergized
PolyOne Corporation 36
• $1.45 B net purchase price
• Represents 11.1x adjusted EBITDA (excluding synergies), 7.6x adjusted EBITDA (including synergies)
• Pre-tax synergies of $60MM expected to be fully realized by the end of 2023
• Synergies realized from sourcing, operational, technology / commercial, and general administrative
Transaction
Value
Synergies
Estimated Synergy Breakdown
$60MM
• Expect EBITDA synergies of $60MM
– Proven integration expertise with a decade of acquisition experience
– Administrative synergies reflect reduction of duplicative internal and
third-party costs
• Run rate synergies of $20MM by the end of Year 1 with $60MM
achieved by the end of Year 3
• Significant additional opportunity for geographical expansion
– Clariant Masterbatch business has complementary regional presence
in key growth areas including India & Southeast Asia
• Opportunity to accelerate growth with a combined portfolio of
innovative solutions aligned with sustainability megatrends
Sourcing
40%
Operational
Administrative
PolyOne Corporation 37
S I G N I F I C A N T S Y N E R G Y O P P O R T U N I T I E S
$450
$600 $624
$743
2019 2020 2021 2022 2023 2024 2025 2026
A T T R A C T I V E F I N A N C I N G S T R U C T U R E
Attractive Debt
Maturity Profile
Existing Revolver Existing Senior Notes Existing Term Loan B
New Debt
Summary
Terms on
New Debt
• $465 million of cash from the balance sheet expected to fund a portion of the purchase price
• Bridge financing for remainder fully committed from Citi, Morgan Stanley and Wells Fargo
• Permanent financing expected to include a combination of long-term debt and new equity
• The timing of the permanent financing is subject to a number of factors, including, but not limited
to, market conditions
• PolyOne is committed to preserving a strong balance sheet
– Target net leverage at close below 3.5x, excluding synergies
• Pro forma capital structure positions PolyOne with flexibility to pursue continued growth strategy
• New financing expected to have same or better covenant package than existing capital structure
• Capital structure would be “covenant lite”
Capital
Policy
• Transaction in line with PolyOne’s disciplined capital allocation policy
• Existing PolyOne dividend policy to be maintained
• Focus on deleveraging in the near term
2028+
PolyOne Corporation 38
PolyOne Corporation 37
$0.16
$0.20
$0.24
$0.32
$0.40
$0.48
$0.54
$0.70
$0.78
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Cumulative Share Repurchases
(In millions)
$0
$150
$300
$450
$600
$750
$900
2011 2012 2013 2014 2015 2016 2017 2018 2019
$917M
R E T U R N I N G C A S H T O S H A R E H O L D E R S
O V E R $ 1 . 2 B I L L I O N S I N C E 2 0 1 1
PolyOne Corporation
Increasing Annual Dividend
38
$0.81
PolyOne Corporation 39
W H Y I N V E S T I N P O L Y O N E ?
https://www.avient.com/sites/default/files/2021-05/constancia-de-situacion-fiscal-avient.pdf
A más tardar el día 17 del mes inmediato
Entero de retenciones mensuales de ISR por sueldos y salarios A más tardar el día 17 del mes inmediato
Declaración de proveedores de IVA A más tardar el último día del mes inmediato
Declaración anual de ISR del ejercicio Personas morales.
Pago provisional mensual de ISR personas morales régimen
general
A más tardar el día 17 del mes inmediato
01/04/2020
Sus datos personales son incorporados y protegidos en los sistemas del SAT, de conformidad con los Lineamientos de Protección de Datos
Personales y con diversas disposiciones fiscales y legales sobre confidencialidad y protección de datos, a fin de ejercer las facultades
conferidas a la autoridad fiscal.
Si desea modificar o corregir sus datos personales, puede acudir a cualquier Módulo de Servicios Tributarios y/o a través de la dirección
http://sat.gob.mx
"La corrupción tiene consecuencias ¡denúnciala!
https://www.avient.com/sites/default/files/2021-12/avient-espana-s.l.pdf
ÍNDICE DE EPÍGRAFES SOLICITADOS:
Datos Generales
Situaciones Especiales
DATOS GENERALES
Indice
AVIENT ESPAÑA SOCIEDAD LIMITADA
07/11/1983
Poligono Industrial, s/nºBARBASTRO22300-HUESCA
Indefinida
B22019723 EUID: ES22010.000000526
Hoja HU-2192 Tomo 494 Folio 6
La fabricacion y comercializacion de productos quimicos y auxiliares, tanto
naturales como sinteticos, en relacion con las industrias del caucho, de
resinas, de plasticos y de pinturas, y todas aquellas operaciones
mercantiles que se relacionen con dicho objeto.
N0186567D
2020
Existen asientos de presentación vigentes
No existen situaciones especiales
Esta informacion se expide con referencia a los datos incorporados al archivo informático del Registro Mercantil y
tiene un valor meramente informativo.
En caso de discordancia prevalece el contenido de asientos registrales sobre
el índice llevado por procedimientos informáticos.La Certificación expedida por el Registrador Mercantil será el único
medio para acreditar fehacientemente el contenido de los asientos y demás documentos archivados o depositados
en el Registro (Artículo 77 del Reglamento del Registro Mercantil).Queda totalmente prohibida la incorporación de los
datos que se contienen en este documento a bases o ficheros informatizados que puedan ser susceptibles de
consulta individualizada por personas físicas o jurídicas, y ello aunque se exprese la procedencia de la información
(Instrucción DGRN de 17 de febrero de 1998).
https://www.avient.com/investor-center/news/avient-provides-third-quarter-2020-performance-update
The Company does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for adjusted earnings per share and free cash flow, to the most comparable GAAP financial measures on a forward-looking basis because the Company is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
https://www.avient.com/sites/default/files/2021-06/sat-avient-de-mexico-sa-de-cv-toluca.pdf
Impuesto Sobre la
Renta
A más tardar el 15 de febrero del año siguiente 31/03/2002
Entero de retenciones mensuales de ISR por sueldos y salarios A más tardar el día 17 del mes inmediato
Pago definitivo mensual de IVA.
Conjuntamente con la retención por salarios o
asimilados a salarios (17 de cada mes en su
defecto)
01/05/2004
Declaración de proveedores de IVA A más tardar el último día del mes inmediato
01/09/2006
Sus datos personales son incorporados y protegidos en los sistemas del SAT, de conformidad con los Lineamientos de Protección de Datos
Personales y con diversas disposiciones fiscales y legales sobre confidencialidad y protección de datos, a fin de ejercer las facultades
conferidas a la autoridad fiscal.
Si desea modificar o corregir sus datos personales, puede acudir a cualquier Módulo de Servicios Tributarios y/o a través de la dirección
http://sat.gob.mx
"La corrupción tiene consecuencias ¡denúnciala!