https://www.avient.com/sites/default/files/2023-10/Cesa Unify A4R Product Bulletin.pdf
Both legislation and industry goals have created an increased demand for recycled material across the plastics industry, but especially within the packaging market.
Flexible and rigid packaging based on polyolefins is widely used for food applications due to convenience, ease of handling, and adequate food protection properties.
For this reason packaging often contains layers of both PP and PE based on its functionality.
https://www.avient.com/sites/default/files/2022-12/Mevopur Healthcare Functional Additives Pharma Pkg Application Bulletin.pdf
Mevopur™ Healthcare Functional Additives for Pharmaceutical Packaging Mevopur™ Healthcare Functional Additives help protect and enhance the performance of polymers used in pharmaceutical packaging products such as vials, bottles, closure systems, films and combination devices.
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.
https://www.avient.com/sites/default/files/2025-03/ColorMatrix Smartheat RHC Technical Bulletin.pdf
PROCESSING & HANDLING SmartHeat RHC is supplied in Avient’s ColorMatrix approved packaging and is active as supplied.
STORAGE It is recommended that packages of SmartHeat RHC are stored under ambient conditions (between 10°C and 25°C) for optimal storage stability and dosing.
EU FDA Mercosur SmartHeat RHC Yes Yes Yes PACKAGING Package Type Quantity 5G Pail Up to 40 lbs Planetpak Up to 40 lbs Test Description Test Method Units Typical Values Viscosity Avient Method cP 6,000–10,000 Density Avient Method Lbs/gal 7.9–8.9 Color Variance Avient Method ∆E 0.0–1.0 Color Appearance Visual — Slight Blue Dispersion Pressout Visual — Pass Opacity: Visual Visual — Pass TYPICAL GENERAL PROPERTIES1 1Typical values are not to be construed as specifications.
https://www.avient.com/sites/default/files/2023-02/Gravi-Tech REC - Perfume Cap - Application Snapshot.pdf
PACKAGING COMPONENT MANUFACTURER P E R F U M E C A P • A density modified formulation - PP filled, 1,2g/cm3 • Needs to contain recycled PP PIR content • Electroplatable - comparable to prime materials • Provide continuity of supply • Utilized formulation expertise to develop a custom material with post-industrial recycled PP content • Provided a more sustainable solution with 60% recycled content while maintaining the performance characteristics of prime PP • Expedited speed to market, delivering material in three weeks Gravi-Tech™ REC Recycled Formulation KEY REQUIREMENTS WHY AVIENT?
All Rights Reserved https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/gravi-tech-rec-recycled-formulations Packaging component manufacturer
https://www.avient.com/sites/default/files/2023-03/Versaflex - Pallet Non-slip Strips- Application Snapshot.pdf
All Rights Reserved https://www.avient.com/industries/packaging/industrial-packaging/pallets
https://www.avient.com/sites/default/files/2024-03/Luxury Closures Application Bulletin_Online.pdf
SPECIALTY PACKAGING SOLUTIONS ADD WEIGHT AND AESTHETICS TO YOUR LUXURY PACKAGING CLOSURE DESIGNS WITH DENSITY MODIFIED FORMULATIONS Consumers of luxury cosmetics and spirits tend to perceive added value from packaging that incorporates weight, aesthetics, and visual surface effects into the design.
Please contact Avient for additional information HOW GRAVI-TECH MAKES THE DIFFERENCE FOR PACKAGING CLOSURES IN THE LUXURY COSMETICS AND SPIRITS MARKETS FOR BRAND OWNERS Create a weighted closure for a luxury brand product – Gravi-Tech is a high density, injection moldable material which can be as lightweight as plastic or up to four times as heavy as aluminum.
Evenly distribute the weight – Injection-moldable Gravi-Tech material provides consistent weight distribution across the packaging component.
https://www.avient.com/sites/default/files/2022-06/Avient PCR Color Prediction Tool Solution Bulletin.pdf
SOLUTION BULLETIN Post Consumer Recycled (PCR) Color Prediction Service A Digital Tool to Support PCR Resin Coloration CHALLENGES IN COLORING PCR With rising EU-wide targets to incorporate greater quantities of recycled plastics in packaging items, solutions are required that improve the quality of the recyclate so that higher quantities of PCR can be utilized within a circular economy approach.
Convertors and brand owners need to make educated choices for their recycled materials based on formulation expertise and data science to help achieve a consistent packaging product.
KEY CHARACTERISTICS • Helps transition to high levels of PCR • Facilitates transfer from one PCR to another • Considers mixed grades of PCR • Works with transparent, translucent and opaque colors • Globally available with local expertise MARKETS & APPLICATIONS • Recycled PET and polyolefins • Packaging and consumer products • Injection molding • EBM (monolayer bottles) 1.844.4AVIENT www.avient.com Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2023-01/Mevopur Healthcare Functional Additives Chemical Foaming Agents Application Bulletin.pdf
Mevopur™ Healthcare Functional Additives Chemical Foaming Agents (CFA) for Medical Devices and Pharmaceutical Packaging As the need to integrate sustainability in the design of healthcare products is growing, manufacturers of medical devices and pharmaceutical packaging are looking for materials with a more environmentally-friendly profile.
KEY CHARACTERISTICS • Manufactured under ISO 13485 procedures • Documented change control beyond CAS number, reducing risk of change • Can be used on common injection molding and extrusion machines—set-up support by a technical assistance team • Available for use in polyolefins, styrenics and copolymers • Can be combined with colorants REGULATORY SUPPORT • Raw materials tested to: - ISO 10993-1 - USP and (incl. class VI) - European Pharmacopeia, monograph 3.1.3/ 3.1.5 (polyolefin packaging materials) - USP (polyethylene) - Elemental impurities as per ICH Q3D • Registered Drug Master File (Type III) and/or Device Master File • Food contact according to USA FDA and EU norms APPLICATION BULLETIN Sustainability Spotlight Healthcare use limitations apply—see below.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
Conventionally-Marketed Products Growth 2017-2022 Sustainability-Marketed Products Conventionally-Marketed Products Sustainably-marketed products account for 1/5 of the market share ... yet deliver 1/3 of growth 9% 4% CAGR Source: NY Stern School of Business 2023 MAKING RECYCLABILITY COMMITMENTS Avient Corporation 26 100% recyclable, compostable or reusable packaging by 2025 35% recycled content for all plastic packaging by 2025 30% recycled content by 2030 100% recyclable, compostable or reusable packaging by 2025 20% renewable and recycled plastics by 2025 100% recyclable, compostable or reusable packaging by 2025 To source 100% recycled or renewable resources 25% recycled content by 2025 80% of waste recycled back into Nike products and other goods by 2025 25% recycled content by 2025 100% recyclable, compostable or reusable packaging by 2025 BRAND-SPECIFIC RECYCLED CONTENT ANNOUNCEMENTS x …the entire DASANI product lineup will be made from recycled plastic.
The Coca-Cola Company, July 2022 …Kraft Heinz plans to transition its Kraft Real Mayo and Miracle Whip products sold in the U.S. to packaging made with 100% recycled content.
Plastic Tax) RECYCLE SOLUTIONS 145 Global regulatory measures addressing collection sorting, extended producer responsibility (EPR), waste recycling, and reuse RECYCLE SOLUTIONS 100% Recyclable or reusable packaging in the E.U. by 2030 (E.U.
https://www.avient.com/sites/default/files/2024-02/AVNT Q4 2023 Earnings Presentation_For Website_with Non-GAAP.pdf
ASHISH KHANDPUR PRESIDENT & CEO 4 5 PORTFOLIO TRANSFORMATION 5 7% 46% 66% 87% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2020 2023 % o f A dj us te d EB IT D A Commodity JVs Distribution Performance Products & Solutions Specialty Businesses Adjusted EBITDA from Specialty Applications SUSTAINABILITY AS A GROWTH DRIVER 7 LONG-TERM REVENUE GROWTH DRIVERS Sustainable Solutions Composites, Healthcare, Asia / LATAM Overlap Other 60%+ Key Growth Drivers Total Company Revenue Growth Drivers Long-Term Growth Rate Sustainable Solutions 8–12% Composites 8–10% Healthcare 8–10% Asia / LATAM 5% Other 0–2% Avient 6% END MARKET OBSERVATIONS (% OF COMPANY SALES) ENERGY 5% DEFENSE 7% TELECOMMUNICATIONS 4% HEALTHCARE 7% 8 TRANSPORTATION 10% INDUSTRIAL 16% BUILDING & CONSTRUCTION 9% CONSUMER 19% PACKAGING 23% 9 REGIONAL OBSERVATIONS (% OF COMPANY SALES) 9 US & Canada Latin America EMEA Asia 41% 36% 18% 5% Q 4 2 0 2 3 R E S U LT S Q4 2023 PERFORMANCE VS.
PY (TOTAL COMPANY) $790 $719 2022 2023 $107 $114 2022 2023 Sales Adjusted EBITDA (in millions) $0.42 $0.52 2022 2023 Adjusted EPS (in millions) - 9% + 7% + 24% Sales Adjusted EBITDA Adjusted EPS 13 Q4 2023 SEGMENT PERFORMANCE 14 CAI $491 $459 Sales (in millions) $70 $84 EBITDA SEM $301 $260 Sales $55 $49 EBITDA - 7% - 14%+20% - 11% 2022 2023 (in millions) Q4 EBITDA BRIDGE (TOTAL COMPANY) 15 $ millions CAI: Price / Mix 11 Deflation 14 SEM: Price / Mix 4 Deflation 9 Net Price Benefit 38 Cost Reductions 13 Wage Inflation (8) Other (2) Q4 2023 $114 Adjusted EBITDA Q4 2022 $ 107 Demand (34) • Demand was down, but less than in previous quarters, due to slowing pace of destocking • Positive net price benefit: o CAI – Pricing flat with favorable mix from uptick in packaging and consumer end markets and raw material deflation o SEM - Pricing flat with favorable mix from Composites and raw material deflation • Cost reductions primarily driven by reduced administrative costs and cost synergies 2 0 2 4 G U I DA N C E 2024 GUIDANCE Full Year 2024 Guidance Adjusted EBITDA $505 to $535 million Adjusted EPS $2.40 to $2.65 Interest Expense $105 to $110 million Adjusted Effective Tax Rate 23% to 25% Capital Expenditures ~$140 million 17 Q1 Adjusted EPS of $0.68 A P P E N D I X 20 Performance Additives 15% Pigments 13% TiO2 9% Dyestuffs 2% Polyethylene 10%Nylon 5% Polypropylene 4% Styrenic Block Copolymer 4% Other Raw Materials 38% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials RAW MATERIAL BASKET SEGMENT DATA U.S. & Canada 41% EMEA 36% Asia 18% Latin America 5% 2023 SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 19% Packaging 23%Industrial 16% Building and Construction 9% Telecommunications 4% Energy 5% Defense 7% END MARKET REVENUE $2,007M $358M $1,138M $224M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $502M$3,143M (1) Transportation 10% Healthcare 7% 22 (1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs 2023 REVENUE | $2 .0 BILLION US & Canada 34% EMEA 37% Asia 21% Latin America 8% END MARKET REGION 23 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 9% Building & Construction 10% Telecommunications 1% Energy 2% COLOR, ADDITIVES & INKS 2023 REVENUE | $1 .1 BILLION US & Canada 52% EMEA 35% Asia 13% 24 Packaging 5% Consumer 16% Healthcare 6%Industrial 16% Transportation 12% Telecommunications 9% Energy 10% Defense 18% Building & Construction 8% END MARKET REGION SPECIALTY ENGINEERED MATERIALS Packaging 32% Consumer 26% Healthcare 9% Industrial 13% Building & Construction 6% Telecommunications 2% Energy 2% Defense 1% Asia (18% of sales) Transportation 9% 2023 AVIENT REGIONAL SALES Packaging 25% Consumer 13% Healthcare 5% Industrial 18% Building & Construction 9% Energy 5% Defense 8% EMEA (36% of sales)Transportation 13% Packaging 13% Consumer 22% Healthcare 10% Industrial 16% Building & Construction 12% Energy 6% Defense 8% US & Canada (41% of sales) Transportation 9% Packaging 59% Consumer 22% Healthcare 2% Industrial 8% Building & Construction 4% LATAM (5% of sales) Transportation 5% Telecommunications 4% Telecommunications 4% 25 BY END MARKET Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except for per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items, to assess performance and facilitate comparability of results.