https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
We are Avient.
6
BETTER TOGETHER: POLYONE AND
CLARIANT COLOR
Key Financial Data (1)
2021E Sales $4.75 billion
2021E EBITDA $580 million
87% of EBITDA from specialty applications
(1) As of October 28, 2021 webcast
Synergies
($ millions)
Three-Year
Estimate
Administrative $ 20
Sourcing 30
Operational 25
Total Synergies $ 75
CLARIANT COST SYNERGIES
• On-track to realize $50 million of expected
synergies in 2021 – up from earlier estimate of $35
million
• Relentless focus on guiding principles for
acquisition integration: safety first, employee
collaboration and exceeding customer expectations
• Future revenue synergies in excess of $50 million
by 2025 are not part of these estimates and
represent additional growth over the long term
8
• Barrier technology
• Functional additives
• Processing aids
• Flame retardants
• Light-weighting
additives
Complementary
Technologies
• Clariant’s approved
formulations and
certified facilities
• Legacy PolyOne’s
leading share in
distribution channels
Healthcare
Solutions
• Clariant’s position
in SE Asia,
Latin America,
Germany & Italy
• Legacy PolyOne’s
position in U.S.,
Canada and China
Regional
Strengths
• Solutions with Avient’s
engineered materials
customers
• Avient’s distribution
channels
Segment
Cross-selling
COMPLEMENTARY TECHNOLOGIES AND
CUSTOMERS DRIVE REVENUE SYNERGIES
Revenue synergy opportunities in excess of $50M by 2025
The complementary aspects of our combined businesses are unquestionable.
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
31
Capex / Revenue
2021E (%)
AVIENT IS ASSET LIGHT
Avient Specialty
Other
3 3 3 4
3 3
5 5 5
6
nt
nt
(
xc
l.
We will deliver for our stakeholders through multiple value creation levers—many of
which are unique to Avient:
o Demand for sustainable solutions, healthcare, and composites, together with Clariant Color
revenue synergies, that will drive long-term revenue growth in excess of GDP
o Clariant Color cost synergy capture will result in significant near-term benefit
In addition, we remain committed to increasing annual dividends in line with earnings growth and
opportunistically buying back shares, all while remaining modestly levered.
https://www.avient.com/knowledge-base/article/rethinking-materials-automotive-aftermarket-parts?ind[]=6601
This trend continues growing as people seek additional accessories to support personal interests, aesthetic preferences, and vehicle function while maintaining value and performance for their pick-up trucks and SUVs.
https://www.avient.com/knowledge-base/article/considering-house-plastisol-production?rtype[]=1164
Additionally, supply chain issues around pigments, stabilizers and additives that are taken out of production may leave you scrambling for formulation alternatives.
https://www.avient.com/knowledge-base/article/getting-more-efficient-polymer-colorants?rtype[]=1164
In addition, while most FDA requirements can be met, there may be exceptions that come into play.
https://www.avient.com/knowledge-base/article/enhance-electric-vehicle-battery-design-and-performance?ind[]=21509
Moreover, the ability to mold polymers into complex shapes reduces the need for additional parts, simplifying battery pack assembly and lowering labor costs.
https://www.avient.com/knowledge-base/article/enhance-electric-vehicle-battery-design-and-performance?sust[]=1165
Moreover, the ability to mold polymers into complex shapes reduces the need for additional parts, simplifying battery pack assembly and lowering labor costs.
https://www.avient.com/knowledge-base/article/enhance-electric-vehicle-battery-design-and-performance?sust[]=1133
Moreover, the ability to mold polymers into complex shapes reduces the need for additional parts, simplifying battery pack assembly and lowering labor costs.
https://www.avient.com/knowledge-base/article/rethinking-materials-automotive-aftermarket-parts?rtype[]=1164
This trend continues growing as people seek additional accessories to support personal interests, aesthetic preferences, and vehicle function while maintaining value and performance for their pick-up trucks and SUVs.
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-engineered-fiber-products/industrial-fabric-yarn
Enhance water repellency via hydrophobic coating additives
https://www.avient.com/products/printing-and-marking-inks
More
Enhancing rPET Quality and Safety
Tackling degradation and additive buildup in the rPET recycling process.