https://www.avient.com/sites/default/files/resources/POL%2520Gabelli%2520IR%2520Presentation%2520w%2520Non-GAAP%252003%252020%25202014.pdf
Strong past performance demonstrates that our strategy and execution are working • Megatrends align with our strengths • Innovation and services provide differentiation, incremental pricing power, and competitive advantage • Strong and proven management team driving growth and performance • Addressable market exceeds $40 billion Page 14 1 Schedule I Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with U.S.
Reconciliation to Condensed Consolidated Balance Sheets 2013 Short-term debt and current portion of long-term debt $ 12.7 Long-term debt 976.2 Less cash and cash equivalents (365.2) Net debt $ 623.7 Adjusted EBITDA 2013 Income before income taxes $ 151.0 Interest expense, net 63.5 Depreciation and amortization 108.8 Special items in EBITDA 31.7 Adjusted EBITDA $ 355.0 2 Platform sales and operating income (OI) 2006Y* 2013Y Global Specialty Engineered Materials sales $ 345.3 $ 615.5 Global Color, Additives and Inks sales 531.8 852.3 Designed Structures and Solutions sales - 597.4 Specialty Platform sales 877.1 2,065.2 Performance Products and Solutions sales 1,166.2 773.2 PolyOne Distribution sales 732.8 1,075.2 Corporate and eliminations (153.7) (142.4) Total sales $ 2,622.4 $ 3,771.2 Global Specialty Engineered Materials OI $ 3.9 $ 57.2 Global Color, Additives and Inks OI 8.9 104.0 Designed Structures & Solutions OI - 33.4 Specialty Platform OI 12.8 194.6 Performance Products and Solutions OI 64.2 56.0 PolyOne Distribution OI 19.2 63.3 Sunbelt Joint Venture OI 102.9 - Corporate and eliminations (4.6) (52.4) Special items in OI 39.1 (30.0) Operating income GAAP 233.6 231.5 Sunbelt equity income (107.0) - Special items in OI (39.1) 30.0 Adjusted operating income $ 87.5 $ 261.5 Global Specialty Engineered Materials - OI % of sales 1.1% 9.3% Global Color, Additives and Inks - OI % of sales 1.7% 12.2% Designed Structures & Solutions - OI % of sales - 5.6% Specialty platform OI - % of sales 1.5% 9.4% PP&S operating OI - % of sales 5.5% 7.2% Distribution OI - % of sales 2.6% 5.9% PolyOne OI adjusted - % of sales 3.3% 6.9% * Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
Gabelli Non-GAAP.pdf Section 1
https://www.avient.com/sites/default/files/2023-01/CFA Product Selection Guide.pdf
Available in masterbatch pellets, powder form or liquid, they utilize endothermic, exothermic or an endothermic/ exothermic blend of chemistries to fit the required applications.
Product Name Material/ Product Code Type Initiation Temp, C Optimum Gas Yield Temp, C Gas Yield Range, cc/g Uses/ Applications Usage Resins POWDER Hydrocerol BIH PEAUFF Endo 140 160 140–150 • Weight reduction • Sink mark removal • Warpage reduction EVA, polyethylene, PE copolymers, TPEs/TPOs, PVC Hydrocerol Compound EMASAD Endo 140 200 135–145 • Weight reduction • Sink mark removal • Warpage reduction Polyethylene, polypropylene, TPEs/TPOs, styrenes, acrylics, TPUs, POM, PVC Hydrocerol HK EMA0766025 Endo 200 210 135–145 • Weight reduction • Sink mark removal • Warpage reduction Polypropylene, styrenes, acrylics, polyamides Hydrocerol 1480 EMA0766027 Endo-Exo 140 180 240–259 • Weight reduction • Sink mark removal • Warpage reduction EVA, polyethylenes, PE copolymers, TPEs/TPOs, styrenes, acrylics, PVC Product Name Material/ Product Code Type Initiation Temp, C Optimum Gas Yield Temp, C Gas Yield Range, cc/g Uses/ Applications Usage Resins MASTERBATCH Hydrocerol 862 PLASAD Endo 140 160 10–20 • Sink mark removal • Warpage reduction EVA, polyethylene, PE compolymers, TPOs/TPEs Hydrocerol BIH-40-E PLASAF Endo 140 160 55–65 • Weight reduction • Sink mark removal • Warpage reduction EVA, polyethylene, PE compolymers, TPOs/TPEs Hydrocerol 1004 PEAUFQ Endo 140 160 80–90 • Weight reduction EVA, polyethylene, PE compolymers, TPOs/TPEs Hydrocerol CF-5-E PEASCF Endo 140 200 5–10 • Sink mark removal • Warpage reduction Polyethylene, polypropylene, TPEs/TPOs, styrenes, acrylics, TPUs, POM Hydrocerol 1602 PRASAD Endo 140 200 50–60 • Weight reduction • Sink mark removal • Warpage reduction Polyethylene, polypropylene, TPEs/TPOs, styrenes, acrylics, TPUs, POM Hydrocerol PEA0820021 PEA0820021 Endo 140 200 25–35 • Weight reduction • Sink mark removal • Warpage reduction Styrenes Hydrocerol PEA08200095 PEA0820095 Endo-Exo 140 180 100–120 • Weight reduction • Sink mark removal • Warpage reduction PVC Hydrocerol ITP-820 PRAN698588 Endo 200 210 5–10 • Sink mark removal • Warpage reduction EVA, polyethylene, PE copolymers, TPEs/TPOs, PVC Hydrocerol HK-40-E PLASAH Endo 200 210 55–65 • Weight reduction • Sink mark removal • Warpage reduction Polyethylene, polypropylene, TPEs/TPOs, styrenes, acrylics, TPUs, POM, PVC Hydrocerol CT-3205-B OMA0698633 Endo 200 210 50–60 • Weight reduction • Sink mark removal • Warpage reduction PLA Hydrocerol 1135 PEAN698616 Exo 170 190 20–30 • Sink mark removal • Warpage reduction Polyethylene, polypropylene, TPEs/TPOs, styrenes, acrylics, TPUs, POM Hydrocerol 8418M PHA0698418 Exo 170 190 50–60 • Weight reduction • Sink mark removal • Warpage reduction Polyethylene, polypropylene, TPEs/TPOs, styrenes, acrylics, TPUs, POM Product Name Material/ Product Code Type Initiation Temp, C Optimum Gas Yield Temp, C Gas Yield Range, cc/g Uses/ Applications Usage Resins MASTERBATCH Hydrocerol 141 PEASCH Exo 200 210 10–20 • Sink mark removal • Warpage reduction Polypropylene, styrenes, acrylics, polyamides Hydrocerol 1191 PRAN698433 Exo 200 210 55–65 • Weight reduction • Sink mark removal • Warpage reduction Polypropylene, styrenes, acrylics, polyamides Hydrocerol NBA0820012 NBA0820012 Exo 240 260 25–35 • Weight reduction • Sink mark removal • Warpage reduction Polyesters, high-temperature resins Hydrocerol XH-901 SAASCC Exo 240 260 30–40 • Weight reduction • Sink mark removal • Warpage reduction Polycarbonate blends, polycarbonate, high-temperature resins Hydrocerol 1376-4 PRAN698541 Endo-Exo 200 210 90–100 • Weight reduction • Sink mark removal • Warpage reduction Polypropylene, styrenes, acrylics, polyamides, PVC LIQUID Excelite FA-37 CC10212522 Endo-Exo 120 140 65–75 • Weight reduction/ WPC Polyethylene Excelite PF-1 CC01053625 Endo-Exo 120 140 55–65 • Weight reduction Vinyl Excelite FA-185 CC10303252 Endo 140 200 75–85 • Weight reduction • Direct gas assist Polyolefin Excelite Foam PPRO CC10250288 Endo 160 200 50–60 • Weight reduction • Warpage reduction Polypropylene Excelite FA-77 CC10232527 Endo-Exo 120 140 85–95 • Weight reduction/ WPC Polyethylene Excelite FA-108 CC10290626 Endo 180 200 55–65 • Weight reduction • Sink mark removal Polyolefin Excelite FA-112 CC10313065 Endo 140 200 50-60 • Weight reduction • Sink mark removal Polyolefin 1.844.4AVIENT www.avient.com Copyright © 2022, Avient Corporation.