https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Financial%2520Review.pdf
Page 93
2011 Highlights
• Versus 2010, revenue growth of 9% drives 23% increase
in adjusted operating income
• Adjusted EPS expands 29% to all-time high of $1.02
Net Sales Adjusted Operating
$1.02
Adjusted EPS
$2,622 $2,643
$2,739
$2,061
$2,622
$2,864
Net Sales
$88 $87
$72
$59
$147
$181
Adjusted Operating
Income
$0.12
$0.27
$0.21
$0.13
$0.79
$1.02
($ millions) ($ millions)
Page 94
2011 Highlights
• Each platform contributed to our year over year
operating income growth
• Record OI achieved in Specialty and POD
• Ten quarters of double-digit adjusted EPS expansion
POD PP&SSpecialty Platform
ROS%* 0.6% 1.5% 3.2% 4.3% 5.3% 8.4% 8.0% 2.9% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.7% 5.5% 6.1% 3.1% 5.0% 7.0% 7.2%
$20 $19
$22
$28
$25
$42
$56
O
p
e
ra
ti
n
g
I
n
c
o
m
e
POD
$76
$64 $66
$31 $33
$54
$62
O
p
e
ra
ti
n
g
In
c
o
m
e
PP&S
$5
$13
$31
$46 $46
$87 $89
O
p
e
ra
ti
n
g
I
n
c
o
m
e
Specialty Platform
*ROS% is defined as adjusted operating income % of revenue
($ millions)
Page 95
2011 Highlights
• Continued portfolio repositioning
� Sale of SunBelt equity investment
� Acquisition of specialty companies ColorMatrix and Uniplen
• World-class working capital of 9.6% maintained while
improving on-time delivery to 94%improving on-time delivery to 94%
81%
87%
88%
95%
93% 92%
94%
2005 2006 2007 2008 2009 2010 2011
14.3%
16.2%
14.4%
18.9%
11.7%
9.6% 9.6%
2005 2006 2007 2008 2009 2010 2011
On-Time Delivery Working Capital % of Sales
Page 96
First Quarter 2012 Highlights
• Revenues increased 9%
over Q1 2011 to a new
quarterly record
• Adjusted EPS increased 12%
$0.26
$0.29
Q1 2011 Q1 2012
Adjusted EPS
• Adjusted EPS increased 12%
over prior year
• All platforms delivered
double-digit operating
income growth
Q1 2011 Q1 2012
$25.2
$14.7
$29.1
$17.8
$16.7
Specialty PP&S POD
Q1 2011 Q1 2012
Adjusted Operating Income
$14.3
($ millions)
Page 97
• Total Debt at 3/31/12
Less: Cash
Net Debt
• Available Liquidity
$706
186
$520
$300
$360
$250
$300
$350
$400
$450 Debt Maturities
As of March 31, 2012
($ millions)
Debt Maturities & Liquidity Summary – 3/31/12
• Available Liquidity
Cash
ABL Availability
Total Liquidity
• Net Debt / EBITDA* = 1.9x
$186
156
$342
*Adjusted EBITDA TTM Pro forma for ColorMatrix
$50
$300
$0
$50
$100
$150
$200
$250
2015 2017 2020
Page 98
• Repurchased 6
million shares in
2011
Share Share
RepurchaseRepurchase
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
DividendsDividends
• Expanding our
sales, marketing,
and technical
capabilities is top
Organic Organic
GrowthGrowth
• Targets that expand our:
• Specialty offering
• End market presence
AcquisitionsAcquisitions
Use of Cash
Current Cash Balance = $186M
Net Debt / EBITDA* = 1.9X
• 7.9 million shares
remain available
for repurchase
under the current
authorization
increased in Q1
2012
• Objective of
maintaining and
growing
capabilities is top
priority
• Investing in
operational and
LSS initiatives
• CAPEX
• End market presence
• Geographic footprint
• Synergy opportunities
• Adjacent material solutions
*Adjusted EBITDA TTM Pro forma for ColorMatrix
Page 99
Page 100
https://www.avient.com/sites/default/files/2022-12/Mevopur Healthcare Functional Additives Medical Devices Application Bulletin.pdf
KEY CHARACTERISTICS
• Manufactured at four ISO 13485 certified sites,
providing global consistency and increased
security of supply
• Documented change control beyond CAS
number reducing risk of change
• Non-phthalate and formulated without animal-
derived substances
• Available for use in a wide range of polymers
including polyolefins, styrenics, polycarbonate
and alloys, polyester, POM
• Functionality can be combined with colorants
into convenient combination concentrates and
ready-to-use formulations
REGULATORY SUPPORT
• Raw materials tested to:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact established with FDA/EU*
APPLICATION BULLETIN
* FDA/EU compliance information available upon request
FUNCTIONALITY TARGET APPLICATIONS
DRUG
DELIVERY
DEVICES
SYRINGES &
NEEDLES DIAGNOSTICS CATHETERS
Clarifying PP
Sorbitol-free for transparent
applications with reduced migration
and improved thermal stability
Lubricant—
permanent/
non-migrating
Fast acting reduction in friction
for wide variety of polymers such
as PP, ABS, POM, PC
Protection from
UV in transparent
applications for PP,
PE, PETG, COP
UV blocking in 290-450nm with
no impact on clarity; can be
combined with colors (e.g., amber)
Antistatic ready-to-
use solution for PP,
ABS, PC/ABS
Permanent/non-migrating;
fast decay time independent
of % relative humidity
Gamma/e-beam
sterilization
protection of the
polymer
Preserving the properties of
PP and COC/COP; reduction
in yellowing using Color
Compensation Technology (CCT)
Reduced material
consumption/cycle
time—nucleation
Fast acting new generation
nucleant for PE and PP; improved
thermal and mechanical properties
allows wall thinning; reduction of
tolerance/dimensional problems
between different colors
Laser marking
replacing ink
printing/labels
Solvent-free, high-speed
identification for Nd/YAG laser
for PE,PP, ABS, PC, POM
Antioxidants for
PE, PP, TPE
Thermal protection during
converting/downstream sterilization
Brand protection/
anticounterfeit
Covert and non-covert systems
Healthcare use limitations apply—see below.
https://www.avient.com/sites/default/files/2022-12/Mevopur Healthcare Functional Additives Pharma Pkg Application Bulletin.pdf
KEY CHARACTERISTICS
• Manufactured at four ISO 13485 certified sites,
providing global consistency and increased
security of supply
• Documented change control beyond CAS
number, reducing risk of change
• Non-phthalate and formulated without animal-
derived substances
• Available for use in a wide range of polymers
including polyolefins, styrenics, polycarbonate
and alloys, polyester, POM
• Functionality can be combined with colorants
into convenient combination concentrates or
formulations
REGULATORY SUPPORT
• Pre-tested raw materials:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III)
• Food contact established with FDA/EU*
APPLICATION BULLETIN
* FDA/EU compliance information available upon request
FUNCTIONALITY TARGET APPLICATIONS EBM/IBM CONTAINERS CLOSURES FILM
COMBINATION
DEVICES
Clarifying PP
Sorbitol-free—possibilities in
packaging ocular solutions
Slip/torque reduction
Slip for PE, PP films, processing aid,
torque reduction for closures
Protection from UV in
transparent packaging
for PP, PE, PETG, COP
UV blocking in 290–450nm with
no impact on clarity
Antistatic ready-to-use
solution for PE films e.g.
for API handling
Permanent/non-migrating;
fast decay time independent
of % relative humidity
Antistatic masterbatch
for PE films
Cost effective, long-lasting, migrating
type but with biological evaluation
Gamma/e-beam
sterilization protection
of the polymer
Preserving the properties of PP and
COC/COP.
Reduction in yellowing using
Color Compensation Technology (CCT)
Reduced material
consumption/cycle
time/improved
properties—nucleation
Fast acting new generation
nucleant for PE and PP; improved
dimensional stability, thermal
and mechanical properties
Laser marking replacing
ink printing/labels
Solvent-free, high-speed identification
for Nd/YAG laser
Antiblock for
PE/PP film
Non-migrating additive system
maintaining high gloss and printability
Antioxidants for
PE, PP, TPE
Thermal protection during converting/
downstream sterilization
Brand protection/
anticounterfeit
Range of covert and non-covert systems
Volatiles/odor absorber
for PE/PP
Physical absorption of a wide range
of molecules responsible for odor,
VOC and potential extractables/
leachables in plastics
Healthcare use limitations apply—see below.
https://www.avient.com/sites/default/files/2023-01/Mevopur Colorants _ Additives Brochure.pdf
These include PE, PP, ABS,
SAN, PC/ABS, PC, PA6, 66 and 12, cyclic olefins (COP),
high performance polymers, and elastomers such as
EVA, SEBS, TPU and PEBA.
APPLICATION PORTFOLIO DESCRIPTION
General use
Opaque and transparent colors in PP, PE, COC, ABS,
POM, PC, TPU, PEEK, and more
Needle hubs and cannulae Opaque and translucent colors evaluated to ISO 6009
Ophthalmic caps and closures
13 standard colors in PE matched to American Academy of
Ophthalmology; biologically evaluated to USP standard
White pharmaceutical packaging
White colorants for PE, HDPE, PP covering solid dose
to nasal packaging needs
Amber pharmaceutical packaging Pre-tested amber colorants
LSR silicones For LSR silicones and transparent color PET/PP (e.g. amber)
FUNCTIONALITY ADDITIVE PERFORMANCE
UV protection in transparent packaging Blocks UV in 290–450nm for PP, PE, PETG, COP
Processing aid/friction reduction Optimizes processing for PE, PP, ABS, POM—non-migrating
Nucleation for reduced material
consumption/cycle time
Improves thermal and mechanical properties of PE and PP
and allows wall thinning to support sustainability
Clarifying
Improves clarity of transparent PP applications with reduced
migration and improved thermal stability—sorbitol-free
Laser marking/welding
Activates the polymer to absorb Nd-YAG laser
for fast reliable marking/assembly
Gamma/e-beam sterilization
Preserves the properties of PP and COP,
reduces yellowing and compensates for discoloration
Anti-static
Reduces static buildup in applications such as films in
API handling and inhaler spacers/nebulizers
Antioxidant
Provides thermal protection during converting/
downstream sterilization
Anti-counterfeit/brand protection Covert and non-covert systems
SUPPORTING SUSTAINABILITY
TARGETS
As the need to integrate sustainability in the design
of healthcare products is growing, manufacturers
of medical devices, diagnostic products and
pharmaceutical packaging are looking for
materials with a more environmentally friendly
profile.
The cycle
time in injection molding can be reduced (10–15%
in PP) to support higher output and less energy
consumption.
https://www.avient.com/sites/default/files/2020-12/resound-om-technical-bulletin_0.pdf
Available in four overmolding grades compatible
with polypropylene (PP), and one grade that is
suited for overmolding onto ABS, all grades are
formulated for durability, delivering property
retention and UV resistance comparable to
traditional TPEs.
Peel (N/mm) 3.2 2.9 3.2 3.2 3.1 3.2 3.1
Failure Mode Cohesive Cohesive Cohesive Cohesive Cohesive Cohesive Cohesive
KEY PROPERTIES AND OVERMOLD PERFORMANCE
reSound™ OM 5510 grades for overmolding onto PP and reSound OM 5520 for ABS
reSound OM
5510-30N
reSound OM
5510-45N
reSound OM
5510-60N
reSound OM
5510-70N
reSound OM
5520-55N
Bio-derived Content (%) 40% 40% 50% 50% 49%
Hardness, Shore A 30 45 60 70 54
Specific Gravity 0.88 0.88 0.89 0.89 0.95
50% Modulus, PSI 96 153 247 384 258
100% Modulus, PSI 137 251 343 462 353
Tensile Strength, PSI 264 438 625 608 637
Elongation, % 280 215 306 271 319
Tear Strength, PLI 58 84 109 132 146
OM Substrate PP PP PP PP ABS
OM Avg.
Peel, PLI 12 19 23 20 19
reSound OM 5510 for PP
reSound OM 5510-60N Room Temperature 70C
1 day 1 week 2 weeks 6 months 1 week 2 weeks 3 weeks
Bio-derived Content (%) 50% 50% 50% 50% 50% 50% 50%
Hardness, Shore A 60 60 60 60 60 60 60
Specific Gravity 0.89 0.89 0.89 0.89 0.89 0.89 0.90
50% Modulus, PSI 247 241 244 251 234 244 240
100% Modulus, PSI 343 333 338 339 321 331 326
Tensile Strength, PSI 625 621 647 610 633 662 642
Elongation, % 306 314 309 313 312 315 315
Tear Strength, PLI 109 108 113 113 111 117 115
reSound OM 5520-55N Room Temperature 70C
1 day 1 week 2 weeks 6 months 1 week 2 weeks 3 weeks
Bio-derived Content (%) 49% 49% 49% 49% 49% 49% 49%
Hardness, Shore A 54 54 55 55 54 55 56
Specific Gravity 0.95 0.95 0.96 0.96 0.95 0.96 0.96
50% Modulus, PSI 258 256 256 265 266 271 257
100% Modulus, PSI 353 355 357 362 373 379 367
Tensile strength, PSI 637 615 637 669 651 674 642
Elongation, % 319 315 319 333 313 319 315
Tear Strength, PLI 146 136 133 142 137 138 141
reSound OM 5510-45N Room Temperature 70C
1 day 1 week 2 weeks 6 months 1 week 2 weeks 3 weeks
Bio-derived Content (%) 40% 40% 40% 40% 40% 40% 40%
Hardness, Shore A 45 46 47 46 46 45 45
Specific Gravity 0.88 0.89 0.89 0.89 0.89 0.89 0.90
50% Modulus, PSI 153 158 154 162 137 136 133
100% Modulus, PSI 251 259 259 261 226 222 218
Tensile Strength, PSI 438 481 451 495 417 470 486
Elongation, % 215 240 211 243 204 227 238
Tear Strength, PLI 84 81 87 82 83 85 84
AGING – PROPERTY RETENTION
• Tested at room temperature and 70° C for comparison • Hardness, tensile strength elongation and modulus
showed great retention
Overmolding onto PP
Overmolding onto ABS
RHEOLOGY
Suitable for injection molding and overmolding
1.0
10 100 1000 10000 100000
10.0
100.0
1000.0
reSound OM 5510-30N
reSound OM 5510-45N
reSound OM 5510-60N
reSound OM 5510-70N
Shear Rate, 1/s
C
ap
ill
ar
y
Vi
sc
os
it
y,
P
a*
s
1.0
10 100 1000 10000 100000
10.0
100.0
1000.0
reSound OM 5520-55N
Shear Rate, 1/s
C
ap
ill
ar
y
Vi
sc
os
it
y,
P
a*
s
Capillary viscosity at 200°C
Capillary viscosity at 200°C
reSound OM 5510 for PP
reSound OM 5520 for ABS
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2023-01/Mevopur Healthcare Functional Additives for Bormed Resins Application Bulletin.pdf
MEVOPUR COLORANTS
• Standard colors in PP and PE to shorten
time-to-market
• Custom colors matched to Pantone, RAL or
other color reference
• White colorants for pharmaceutical packaging
for LDPE, HDPE and PP with opacity to reach
USP chapter
MEVOPUR FUNCTIONAL ADDITIVES
• Antistatic formulation with good flow/impact
for injection molding
• Amide- and amine-free antistatic for film
in contact with API (Active Pharmaceutical
Ingredients)
• UV blocking for transparent PP and PE
packaging to meet USP chapter
• Non-migrating friction reduction/processing
aid for PE and PP
• Laser marking/welding additive for fast,
reliable marking/assembly
• MVTR (Moisture Vapor Transmission Rate)
reduction for HDPE to improve shelf-life
• Thermal protection of the polymer during
processing
• Gamma/e-beam sterilization protection for
PP (up to 50kGy) with color compensation
for reduced yellowing
REGULATORY SUPPORT
• Raw materials tested to:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact established with FDA/EU*
APPLICATION BULLETIN
* FDA/EU compliance information available upon request
Bormed™ is a registered trademark of Borealis
Healthcare use limitations apply—see below.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_Elastomers_with_Universal_Bonding_Characteristics.pdf
For
example, a TPE that can bond to PC does not bond to PP, vice versa.
The failure mode is cohesive on PP and adhesive on all other substrates.
TPE-1A adhesion values overmolded onto PP, PC and ABS over a wide range of melt
temperatures.
https://www.avient.com/sites/default/files/2021-10/gls-tpes-with-antimicrobial-technologies-product-bulletin.pdf
PRODUCT BULLETIN
VERSAFLEX™ GP
2810-40N AM
VERSAFLEX™ CE
3120-65* AM
ONFLEX™ LO
7120-45 AM
Applications
Personal care grips
Consumer packaging
Consumer electronics
Charging stations
HVAC seals
Cup holder mats
Color Natural Natural Natural
Durometer, Shore A 45 66 45
Specific Gravity
(kg/m3)
0.87 1.14 1.13
Tensile Strength
(PSI)
650 1200 585
Elongation % 700 600 685
Modulus @ 300%
|(PSI)
260 585 300
Injection Moldable Yes Yes Yes
OM Substrate PP PC, ABS, PC/ABS, COPE PP
TECHNICAL PROPERTIES
*UL listing does not apply; testing can be completed if required by the customer
Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2021-03/wet-grip-tpe-surfco-case-study.pdf
Building on the design concept from SurfCo, Avient
conducted additional R&D work to formulate a specialty
thermoplastic elastomer (TPE) that could be coextruded
with polypropylene (PP) film and meet the high
expectations of SurfCo and surfers everywhere.
The customized TPE offered excellent hydrophobic
qualities and similar melt strength to PP while
still maintaining its key mechanical properties.
https://www.avient.com/sites/default/files/2024-03/Alternatives to Nylon 6_6 Brochure %281%29.pdf
Did you know that with the right formulation, you can achieve
properties that are as good or better than that of PA 6,6 using materials such as PA 6, PK, PBT/PET, PP,
polymer blends and even post-industrial recycled blends?
PA 6,6
Lower toughness properties
Higher density
Lower short- and long-term temperature resistance
Lower hydrolysis resistance
PP | POSSIBLE APPLICATIONS:
Automotive, Consumer Goods,
Lightweighting Applications
BENEFITS VS.
PA 6,6
Lower temperature resistance
Lower mechanical properties
POST-INDUSTRIAL RECYCLED SOLUTIONS
(PA 6,6/PA 6/PP) |
POSSIBLE APPLICATIONS: Automotive Accessories,
Industrial, Consumer & Sporting Goods
BENEFITS VS.