https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
Colgate-Palmolive, March 2021 Avient Corporation 27 2020 2030 12% CAGR RECYCLED PLASTICS DEMAND GROWING DOUBLE DIGITS Avient Corporation 28 Sources: McKinsey, Standard & Poor’s 2022 • Recycled plastics demand is expected to grow at a 12% CAGR through 2030 • Demand is constrained by availability of recycled content and will need investments in both mechanical and chemical processes • As recycled content becomes more available, it is expected to make up 30% of all plastics demand by 2040 Recycled Plastics Virgin Plastics Growing Demand for Recycled Content 3% CAGR MAKING CARBON EMISSIONS COMMITMENTS Avient Corporation 29 100% renewable energy consumption by 2025 50% reduction in product carbon footprint by 2030 Reduce absolute emissions by 25% before 2030, net zero by 2025 Net zero carbon emissions by 2050 Achieve carbon neutrality globally by 2050 Achieve net zero greenhouse gas emissions across enterprise Reduce carbon emissions by 75% by 2030 Achieve net zero emissions by 2040 Reduce greenhouse gas emissions by 0.5M tons by 2025; net zero by 2050 Reach net zero greenhouse gas emissions by 2040 Achieve zero emissions across global operations by 2040 Avient Corporation 30 STAKEHOLDERS’ GROWING INFLUENCE Source: Deloitte 2022 Regulators & government 77% Board members & management 75% Consumers & clients 75% NGOs 72% Shareholders & investors 71% Competitors & peers 66% Employees 65% Percent of Companies Feeling Pressure From… Lenders 55% GOVERNMENT INFLUENCE CREATES OPPORTUNITIES Avient Corporation 31 65% Reduction in carbon emissions per unit of GDP from China by 2030 LOW CARBON FOOTPRINT MATERIALS 25X Increase in offshore wind energy capacity in the E.U. by 2030 INFRASTRUCTURE SOLUTIONS 10% Fuel efficiency increase in 2026 model year vehicles to achieve 49 MPG 90% Replacement of fossil-based plastics with bio-based polymers (Biden Administration) LIGHTWEIGHTING SOLUTIONS BIOPOLYMERS $42B Investment in U.S. infrastructure requiring 100% of fiber optic cable to be U.S.
CAFE: Corporate Average Fuel Economy >50% Improvement REDUCE – TAKEAWAY Reducing Energy Consumption and Dependence on Fossil Fuels Drives Growth Projections Examples Covered Today 45% Other Applications 55% 2022PF $310M 38 46 CAFE1 Miles Per Gallon Proposed Requirements HOW WE ENABLE SUSTAINABILITY Preserve Woon Keat Moh Senior Vice President, President of Color, Additives and Inks – Americas and Asia Avient Corporation 61 PRESERVE Avient Corporation 62 KEY CUSTOMER CHALLENGES: • Preserving Key Natural Resources - Companies are being challenged to mitigate high environmental impact processes such as water-intensive textile dyeing or food spoilage • Incorporating Renewable Materials - Adoption of bio-based raw materials requires design and formulation expertise to overcome performance shortcomings of neat resins • Increasing Healthcare Regulations - Utilizing sustainable materials in healthcare applications requires considerable support in navigating complex regulatory requirements • Increasing Regulatory Compliance - Non-Intentionally Added Substances (NIAS) need to be controlled in sensitive applications • Enabling Faster and More Reliable Connectivity – Substantial investments in 5G infrastructure are required to unlock the potential of the Internet of Things Solutions to preserve and protect natural resources & human life Avient Corporation 63 Spin Dyed Precolor Textile Yarn Renol™ Spin Dyeing Colorants • Replaces water-based dye processes to reduce waste creation • Conserves water and energy 75% LESS WATER PROTECTIVE DENIM Dyneema® Workwear Solutions • Improves tear resistance 50-100% • More protective than competitive alternatives • Enables the amount of protective fiber to be reduced without sacrificing performance 600% IMPROVED ABRASION RESISTANCE Clothing & Textiles 2022 Revenue: $49M Avient Corporation 64 Low Cure Textile Inks Avient Specialty Inks™ Low Cure Inks • Decreases energy consumption • Reduces scrap due to heat-related defects SAVES ENERGY Clothing & Textiles 2022 Revenue: $40M BIO-BASED FORMULATIONS Water Based Textile Inks Zodiac™ Aquarius™ Specialty Inks • Incorporates bio-based materials • Non-formaldehyde solutions available • Reduces waste by enabling high open screen time Avient Corporation 65 Mosquito Netting Cesa™ Fiber Anti-Mosquito Additives • Helps control malaria • Protects consistently using a controlled release of insecticide • Expands access to healthcare breakthroughs to global communities ANNUAL NEW MALARIA CASES 200 Million Antimicrobial Protection Cesa™ WithStand™ Antimicrobial Additives • Reduces microbial / mold growth • Helps reduce odor, staining, discoloration • Excellent comfort and wearability • Chemical resistance - will not discolor or degrade REDUCES MICROBES Human Health & Safety 2022 Revenue: $5M Avient Corporation 66 Cut-Resistant Gloves Dyneema® Solutions • Incorporates bio-based materials • Reduces carbon emissions • Excellent wearability / comfort WORK INJURIES REDUCES Rescue Rope Dyneema® Solutions • Superior strength-to-weight ratio • High break load • Extraordinary reliability SAVES LIVES Human Health & Safety 2022 Revenue: $106M Body Armor Dyneema® Protective Solutions • Exceptional trauma protection • Excellent wearability LIGHTER THAN ARAMID FIBER 35% Avient Corporation 67 40% BIO-DERIVED Pharmaceutical Tubing Versaflex™ Healthcare Pharma Tubing Formulations NEU™ Specialty Engineered Materials • Facilitates incorporation of sustainable materials with healthcare device manufacturers • Eliminates vulcanization processes Medical 2022 Revenue: $40M NON-PHTHALATE Respiratory Conduit Versaflex™ Healthcare Corrugated Tubing Formulations • Non-Phthalate • ISO 10993 & USP Class VI compliant Avient Corporation 68 100% UP TO BIO-BASED CARRIER Medical Devices Mevopur™ Bio-Based Colorants • Minimizes risk through pre-testing • Provides vital regulatory compliance • Minimizes global supply chain risk with validated backup supply Continuous Glucose Monitoring and Auto Injectors Trilliant™ Healthcare Polymer Solutions • Impact performance • Chemical resistance ENABLES HOME CARE Medical 2022 Revenue: $16M Avient Corporation 69 Fiber Optic Cable and Jacketing Fiber-Line™ Optical Fiber Cable Components • Reduction in weight & energy usage • Thermal and abrasion resistant • Extends product life ENABLES CONNECTIVITY Cable Micromodules ECCOH™ Low Smoke Formulations • Non-halogen • Low smoke and toxicity SUPPORTS SUSTAINABLE INFRASTRUCTURE Base Station Components Edgetek™ Low-Density Formulations • Low density – lighter weight • Low warpage & thermal conductivity EXTENDS PRODUCT LIFE Antenna Components PREPERM™ Low Loss Dielectric Formulations • Replaces costly ceramics • Consistent and efficient antenna performance ENHANCES PERFORMANCE 5G Infrastructure 2022 Revenue: $39M Avient Corporation 70 “Nike has partnered with Avient extensively over the years because of their leadership in eco-friendly screen printing inks.”
Per Carlsson, Manufacturing and Operations CUSTOMER TESTIMONIALS Avient Corporation 71 50 90 0 20 40 60 80 100 2022 2030 Medical Plastics Market Size PRESERVE – TAKEAWAY Protecting Human Life and Enabling Connectivity Drives Growth Projections Examples Covered Today 56% Other Applications 44% 2022 $525M (in $ Bi lli on s) 8% CAGR 34% CAGR 5G Infrastructure Market Size 12 92 0 10 20 30 40 50 60 70 80 90 100 2023 2024 2025 2026 2027 2028 2029 2030 (in $ Bi lli on s) Source: Grand View Research Source: Global Data Summary Jamie Beggs Senior Vice President and Chief Financial Officer Avient Corporation 72 OUR SUSTAINABILITY REPORT Avient Corporation 73 Avient Corporation 74 2030 SUSTAINABILITY GOALS Avient Corporation 75 PERFORMANCE AND RECOGNITION 1 2 5 ESG Ratings Performance ESG Awards and Certifications top 13% 94th percentile Avient Corporation 76 SUSTAINABILITY INNOVATION AWARDS Ultra-Low Carbon Footprint TPE Innovation Award, Finalist: Plastics Industry Association PCR Colorants + Additives Sustainable Packaging Innovation, Finalist: U.S.
https://www.avient.com/news/polyone-onflex-lo-tpes-awarded-low-voc-technology-improves-automotive-interior-experience
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PolyOne OnFlex™ LO TPEs Awarded for Low VOC Technology that Improves the Automotive Interior Experience
While our existing TPEs lead the industry in low emissions performance, we continue to innovate and anticipate future demands and stricter requirements.
https://www.avient.com/news/connected-safer-and-smarter-polyone-collaborates-halo-smart-labs-next-gen-home-safety-devices
CLEVELAND – PolyOne recently worked with Halo Smart Labs in launching Halo and Halo+, devices that go beyond standard smoke alarms by combining home automation with safety technology.
Halo offers smoke and carbon monoxide alerts, both visual and audio, along with remote notifications, 10-year battery back-up and optional severe weather alerts.
Learn more at www.halosmartlabs.com, where the world’s smartest and safest smoke detectors are available now.
https://www.avient.com/resources/safety-data-sheets?page=3323
PVC TR-E SMOKE
UV GRAY LOW HEAT 2 PBT
https://www.avient.com/resources/safety-data-sheets?page=2486
DB4251A NEUTRAL FR LO SMOKE LO VOLATILES
DB4263 NON CLEAR LOW SURFACE TACK
https://www.avient.com/resources/safety-data-sheets?page=1812
STAN-TONE HCC-33028 LIGHT SMOKE
LOWES SILVER
https://www.avient.com/resources/safety-data-sheets?page=2960
SILCOPAR LIGHT SMOKE #915
VBX3558 Low Temp#1 1TB LT Stone PVC
https://www.avient.com/resources/safety-data-sheets?page=6855
ECCOH 6649 UV low DD
TR 39568-6A Smoke Grey AR Mag
https://www.avient.com/resources/safety-data-sheets?page=2120
DB4190 STD BLACK LOW VISC
SMOKE COMEX
https://www.avient.com/resources/safety-data-sheets?page=5050
Geon(TM) DB5416 GRAY LOW FLEX AXLE COVER
GEON BOLD L5500 SMOKE