https://www.avient.com/sites/default/files/2021-03/avient-march-ir-fermium_0.pdf
These personal values begin with each of us—the judgments and decisions we make as
individuals affect the way Avient is viewed in the marketplace and in the communities
where we work.
We are better together through:
Keeping Safety First — PolyOne and Clariant are both ACC Responsible Care® companies,
and nothing is more important than the health, safety and well-being of our people.
At Avient, we’ve built a culture of winning and how we do so is unique, lasting and
difficult to replicate.
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
It’s at the heart of why we are better together.
Avient Corporation 104
Unprecedented Market Opportunity
$3 Billion Market
• 5G Infrastructure
• Vehicle Electrification
• IoT, Wearables
• Home Health & Consumer Medical Devices
Engineered Materials: Revolutionary Adaptation
Source: Lux Research Inc.,
How can Avient “capture & create” value in this segment?
It’s how we innovate best for them.
https://www.avient.com/sites/default/files/2021-04/avnt-fourth-quarter-2020-news-release.pdf
We held our priorities firm by keeping health and safety first,
providing world-class service to our customers, and utilizing our unique position to aid in
recovery efforts as an essential supplier throughout the world.”
2021 Outlook
Commenting on the Company’s 2021 outlook, Mr.
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.
Three Months Ended
December 31,
Year Ended
December 31,
2020 2019 2020 2019
Sales:
Color, Additives and Inks $ 525.8 $ 226.7 $ 1,502.9 $ 1,003.8
Specialty Engineered Materials 190.6 177.5 708.8 745.7
Distribution 305.1 272.4 1,110.3 1,192.2
Corporate and eliminations (24.5) (18.0) (79.9) (79.0)
Sales $ 997.0 $ 658.6 $ 3,242.1 $ 2,862.7
Gross margin:
Color, Additives and Inks $ 164.3 $ 73.9 $ 484.4 $ 338.4
Specialty Engineered Materials 59.1 47.7 207.6 200.2
Distribution 32.4 31.0 124.0 132.1
Corporate and eliminations (2.9) 0.7 (31.7) (13.5)
Gross margin $ 252.9 $ 153.3 $ 784.3 $ 657.2
Selling and administrative expense:
Color, Additives and Inks $ 106.8 $ 46.7 $ 303.6 $ 191.0
Specialty Engineered Materials 28.7 28.9 113.2 116.5
Distribution 14.4 14.0 54.5 56.7
Corporate and eliminations 38.0 43.2 123.7 136.2
Selling and administrative expense $ 187.9 $ 132.8 $ 595.0 $ 500.4
Operating income:
Color, Additives and Inks $ 57.5 $ 27.2 $ 180.8 $ 147.4
Specialty Engineered Materials 30.4 18.8 94.4 83.7
Distribution 18.0 17.0 69.5 75.4
Corporate and eliminations (40.9) (42.5) (155.4) (149.7)
Operating income $ 65.0 $ 20.5 $ 189.3 $ 156.8
11
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.
https://www.avient.com/company/sustainability/sustainability-report/people/ehs
At the highest level, Avient’s Board of Directors has a long-standing Environmental, Health & Safety (EH&S) Committee that oversees and monitors environmental, health, safety, security and product stewardship policies, standards and practices.
Safety & Health Policy, which focuses on providing a safe and healthy workplace for our associates, contractors and visitors through building an actively caring culture;
How can we help you?
https://www.avient.com/sites/default/files/resources/PolyOne%25202013%2520Annual%2520Report.pdf
We were also effective
in applying our operational know-how in our North American asset
realignment at legacy Spartech operations.
Within these global business segments and functional departments
are the heart and soul of all we accomplish.
Environmental, Health and Safety 4.
https://www.avient.com/company/sustainability/people/ethics-transparency
Knowing that the judgments and decisions we make as individuals affect the way Avient is viewed in the marketplace and in the communities where we work, we let our personal values of Integrity, Honesty and Respect shape the way we do business.
How Our Products Enable Sustainability
How can we help you?
https://www.avient.com/idea/top-3-considerations-uv-barrier-additives-pet-packaging
There is a potential for ‘weak spots’ where the barrier additive is less concentrated and this could affect protection levels.
Some UV additives can affect the clarity of clear and transparent PET containers.
How can we help you?
https://www.avient.com/company/sustainability/sustainability-report/people/human-rights
Ongoing potential risk identification and mitigation in occupational health and safety is critical to our “safety first” culture.
Focus on continuous improvement in this area is described in Occupational Health and Safety.
How can we help you?
https://www.avient.com/resources/safety-data-sheets?page=605
Emulsion Seed x200
How can we help you?
https://www.avient.com/news/avient-extends-bio-based-polyolefin-range-utilizing-benefits-cellulose-fiber
Initially launched at the K Show in October 2022, Maxxam™ BIO bio-based polyolefins are formulated with both bio-based resin and/or filler from natural sources such as olive seed powder.
How can we help you?