https://www.avient.com/sites/default/files/2021-04/avnt-first-quarter-2021-news-release.pdf
This is the case for
Avient as well, but what further differentiates us, is that in
2020 our EPS also grew 11% vs. 2019.
2) Tax adjustments include the net tax benefit/(expense) from one-time income tax items, the set-up or reversal of uncertain tax position
reserves and deferred income tax valuation allowance adjustments.
9
Attachment 4
Condensed Consolidated Balance Sheets
(Unaudited)
March 31, 2021
2020
ASSETS
Current assets:
Cash and cash equivalents $ 594.5 $ 649.5
Accounts receivable, net 642.2 516.6
Inventories, net 357.0 327.5
Other current assets 122.7 108.5
Total current assets 1,716.4 1,602.1
Property, net 675.5 694.9
Goodwill 1,281.9 1,308.1
Intangible assets, net 973.3 1,008.5
Operating lease assets, net 80.9 80.9
Other non-current assets 181.4 176.0
Total assets $ 4,909.4 $ 4,870.5
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term and current portion of long-term debt $ 18.8 $ 18.6
Accounts payable 529.6 471.7
Current operating lease obligations 24.3 25.1
Accrued expenses and other current liabilities 290.9 285.6
Total current liabilities 863.6 801.0
Non-current liabilities:
Long-term debt 1,852.7 1,854.0
Pension and other post-retirement benefits 111.3 115.0
Non-current operating lease obligations 56.8 56.0
Other non-current liabilities 303.0 332.8
Total non-current liabilities 2,323.8 2,357.8
SHAREHOLDERS' EQUITY
Avient shareholders’ equity 1,707.0 1,697.1
Noncontrolling interest 15.0 14.6
Total equity 1,722.0 1,711.7
Total liabilities and equity $ 4,909.4 $ 4,870.5
10
Attachment 5
Condensed Consolidated Statements of Cash Flows (Unaudited)
March 31,
2021 2020
Operating Activities
Net income $ 79.7 $ 32.8
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 36.6 19.9
Accelerated depreciation and amortization 0.5 —
Share-based compensation expense 2.7 2.1
Changes in assets and liabilities, net of the effect of acquisitions:
Increase in accounts receivable (137.6) (56.9)
Increase in inventories (35.1) (13.0)
Increase in accounts payable 67.3 44.6
Decrease in pension and other post-retirement benefits (7.1) (3.2)
Increase in post-acquisition earnout liabilities — 1.0
Decrease in accrued expenses and other assets and liabilities, net (3.4) (19.1)
Payment of post-acquisition date earnout liability — (21.0)
Net cash provided (used) by operating activities 3.6 (12.8)
Investing activities
Capital expenditures (16.5) (11.1)
Net proceeds from divestiture — 7.1
Net proceeds (used) provided by other assets (2.0) 5.2
Net cash (used) provided by investing activities (18.5) 1.2
Financing activities
Purchase of common shares for treasury (4.2) (13.6)
Cash dividends paid (19.5) (15.6)
Repayment of long-term debt (2.3) (2.0)
Payments of withholding tax on share awards (3.1) (1.3)
Equity offering proceeds, net of underwriting discount and issuance costs — 496.3
Payment of acquisition date earnout liability — (32.9)
Net cash (used) provided by financing activities (29.1) 430.9
Effect of exchange rate changes on cash (11.0) (3.8)
(Decrease) increase in cash and cash equivalents (55.0) 415.5
Cash and cash equivalents at beginning of year 649.5 864.7
Cash and cash equivalents at end of period $ 594.5 $ 1,280.2
11
Attachment 6
Business Segment Operations (Unaudited)
Operating income and earnings before interest, taxes, depreciation and amortization (EBITDA) at the segment level does not
include: special items as defined in Attachment 3; corporate general and administration costs that are not allocated to
segments; intersegment sales and profit eliminations; share-based compensation costs; and certain other items that are not
included in the measure of segment profit and loss that is reported to and reviewed by the chief operating decision maker.
https://www.avient.com/investor-center/investor-news/archives?page=27
Revenue expanded 7% to $814 million, driven by recent commercial investments and record performances in Distribution and Performance Products and S
https://www.avient.com/news/archives?page=57
MANNHEIM, Germany – At the VDI Plastics in Automotive Engineering conference today, PolyOne announced new advanced polymer solutions and s
https://www.avient.com/news/archives?page=46
Ltd. to meet s
https://www.avient.com/news/archives?page=56
CLEVELAND – PolyOne Corporation, a leading global provider of specialized polymer materials, services and solutions, is investing in its GSDI s
https://www.avient.com/sites/default/files/2021-05/avient-responsible-care-ehs-s-policies-2021.pdf
https://www.avient.com/sites/default/files/2024-03/Luxury Closures Application Bulletin_Online.pdf
Avoid the use styrenic materials – Low shrinkage
PP grades provide an ABS alternative.
Utilize existing molds – Replace current ABS
solutions with low shrinkage PP grades and utilize
your existing molds
GT5200-
0013
GT7300-
0006
GT7300-
0010
PVD 2.0
GT5200-
0016
PVD 3.0
GT5200-
5025
GT7300-
5020
NATURAL FD
GT5200-
5009
BLACK SO FD
GT5200-
5044
GT5200-
5016 X2
GT7300-
5007 X1
WHITE FD
GT7300-
5003
GT5200-
5003
GRV PP-
030-IO
5068 X2
5009 X5
BLACK SO
5021
NATURAL FD
5003
BLACK FD
BLACK FD
GRV PP-
030-IO
CI GT5200-
5089
NATURAL
C GT5200-
5082 BLACK
Specific
Gravity* 2 2 2 3 1.25 1.6 1.85 2 2 2.2 2.5 2.5 3 1.20 1.90 2.2 2.50 2.50 3.0 1.20 1.20
Electroplating No Yes Possibly Possibly Possibly Yes Yes Yes No Possibly Possibly Yes No Yes Yes Yes Not tested Not tested Not tested Yes Yes
Physical Vapor
Deposition
(PVD)/Vacuum
Metallization
Possibly Possibly Yes Yes Possibly Possibly Possibly Possibly Yes Yes Yes Yes Yes Possibly Possibly Possibly Yes Yes Yes Possibly Possibly
Base
Resin PP ABS ABS PP PP ABS PP PP PP ABS ABS PP PP PP PP ABS ABS PP PP rPP (ocean
bound) rPP (PCR)
Base
Color White Black Grey Black Natural Natural Black Beige Black White Black Black Black Black Black Natural/
Beige Black Black Black Natural Black
FDA
Compliant* Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No No
Filled Mineral Mineral Mineral Metallic Mineral Mineral Mineral Mineral Metallic Mineral Metallic Metallic Metallic Mineral Mineral Mineral Metallic Metallic Metallic Mineral Mineral
Region
Produced
North
America
North
North
North
America Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe
Copyright © 2024, Avient Corporation.
https://www.avient.com/resources/safety-data-sheets?page=1278
PG 59749.00 PEARL RD PP
Onflex-S FR 25A-3E1830 natural
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2023-09/65799-Certificate-26SEP2023%5B1%5D.pdf
José Garibaldi 2401
Lomas de Zamora, Buenos Aires 1832
Argentina
Activity: Management of QMS, Design and manufacture of colour and
additive concentrates, thermoplastic resins and specialty
compounds
Activity: Administration, Site management, Manufacture, Laboratory (QC
and Colormatching), Procurement, Maintenance, Infrastructure,
Warehouse and Transport, Sales
Page 3 of 10
Facility: Avient Colorants France S.A.S.
1995 route de la Vallée du Giffre
Saint-Jeoire en Faucigny 74490
France
Facility: Avient Colorants Germany GmbH
Kornkamp 50
Ahrensburg, Thuringia 22926
Germany
Activity: Administration, Site management, Manufacture, Laboratory,
Procurement, Maintenance, Infrastructure, Warehouse and
Activity: Administration, Site management, Manufacture, Laboratory,
Procurement, Maintenance, Infrastructure, Warehouse and
Facility: Avient Colorants Germany GmbH
Hohenrhein 1
Lahnstein, Thuringia 56112
Germany
Facility: Avient Guatemala S.A.
27 Avenida 34–11, Zona 12
Parque Global 1012
Guatemala
Activity: Administration, Site management, Manufacture, Laboratory,
Maintenance, Infrastructure, Warehouse and Transport
Activity: Administration, Site management, Manufacture, Laboratory,
Procurement, Maintenance, Infrastructure, Warehouse and
Facility: Avient (Chile) SpA
Camino a Melipilla 15170
Maipú, Región Metropolitana de Santiago 9250000
Chile
Facility: Avient Colombia S.A.S.
https://www.avient.com/sites/default/files/2020-09/lubrione-processing-guide.pdf
BASE
RESIN PPA PC PSU PES PPS
CO-
POLYMER
ACETAL
PEEK PA
Barrel Temperatures* °F (°C)
Rear Zone 550–580
(288–305)
520–560
(271–293)
600–640
(316–338)
630–660
(332–338)
550–580
(288–304)
350–370
(177–188)
660–700
(349–371)
440–490
(227–254)
Center Zone 560–600
(293–316)
530–570
(277–299)
620–670
(327–354)
650–680
(343–360)
560–615
(293–324)
380–390
(193–200)
700–730
(371–388)
470–510
(243–266)
Front Zone 580–620
(304–327)
550–580
(288–305)
630–680
(332–360)
670–730
(354–388)
590–630
(310–332)
390–430
(200–221)
720–750
(382–400)
490–540
(254–282)
Nozzle 575–615
(302–324)
550–600
(288–316)
630–680
(332–360)
680–700
(360–371)
600–625
(316–330)
380–415
(193–213)
720–750
(382–400)
520–570
(271–300)
Melt
Temperature
575–615
(302–324)
560–600
(293–316)
625–675
(330–358)
650–710
(343–377)
600–625
(316–330)
370–410
(188–210)
670–740
(354–393)
520–570
(271–300)
Mold
Temperature
250–300
(121–150)
175–240
(80–116)
190–300
(88–150)
225–325
(107–164)
250–325
(121–164)
150–225
(66–107)
290–375
(143–190)
150–200
(66–93)
Pack & Hold
Pressure
50%–75%
of Injection Pressure
Injection
Velocity
in/s
1.0–3.0
Back Pressure
psi 50
Screw Speed
rpm 50–90
Drying
Parameters
°F (°C)
6 hrs @ 175
(80)
4 hrs @ 250
(121)
4 hrs @ 275
(135)
4 hrs @ 300
(150)
4 hrs @ 250
(121)
2 hrs @ 200
(93)
3 hrs @ 300
(150)
4 hrs @ 180
(82)
Allowable
Moisture
%
< 0.05 < 0.02 < 0.02 < 0.04 < 0.02 0.15–0.20 < 0.02 0.10–0.20
Cushion
in 0.125–0.250
Screw
Compression
Ratio
2.5:1–3.5:1 2.0:1–2.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1 2.5:1–3.5:1
Nozzle
Type
General
General
General
General
General
General
General
Reverse
Taper
Clamp
Pressure 5–6 Tons/in2 of projected area of cavities and runner system
* Barrel temperatures should be elevated for compounds designed for electrical insulative properties.
Cut vent depths to:
- PPA Compounds: 0.0015"–0.0025" depth and 0.250" width
- PC Compounds: 0.002"–0.004" depth and 0.250" width
- PSU Compounds: 0.003"–0.004" depth and 0.250" width
- PES Compounds: 0.003"–0.004" depth and 0.250" width
- PPS Compounds: 0.002"–0.003" depth and 0.250" width
- Acetal Compounds: 0.0015" minimum depth and 0.250" width
- PEEK Compounds: 0.002"–0.004" depth and 0.250" width
- Nylon Compounds: 0.002" minimum depth and 0.250" width
• Increase vent depth to 0.060" (1.5mm) at 0.250" (4.0mm) away from the cavity
and vent to atmosphere.