https://www.avient.com/sites/default/files/2024-12/ISO 14001_Chinese_Changzhou.pdf
环境管理体系认证 证书编号:04624E12884R1S 兹证明: 法博莱恩纱线(常州)有限公司 统一社会信用代码:91320412MA1NMF5W4P 环境管理体系符合: GB/T 24001-2016 / ISO 14001:2015 标准 证书覆盖范围: 纺织品(纱线)、玻璃制品(纱线)的包覆加工及相关管 理活动 注册地址/实际地理地址:江苏省常州西太湖科技产业园兰香路 8 号研发车间 5 厂房 颁证日期:2024-10-26 有效期至:2027-10-25 初次颁证日期:2021-10-28 证书编号 受审核方 组织机构代码 认证范围 注册地址 生产办公地址 注册日期 有效期至 初次颁证日期 二维码
https://www.avient.com/sites/default/files/2025-01/ColorMatrix Lactra ESL Infographic.pdf
Nutritional components in dairy products are photosensitive, making them susceptible to light degradation • Light protection in dairy packaging helps maintain product integrity and extend shelf life A LIGHT BLOCKING SOLUTION THAT PROVIDES: • Light blocking and whiteness in PET dairy packaging • Protection from 2 weeks up to 12 months shelf life • Compatibility with monolayer and multilayer PET preforms • Full compatibility with rPET • Food contact approved (region dependent) • Low TiO₂ levels to increase recyclability, aligning with the emergence of white recycle streams PASTEURIZED MILK Typical shelf life 5–10 days WHITE COLOR LACTRA ESL LACTRA SX or LACTRA 4 EXTENDED SHELF LIFE MILK Typical shelf life 2 weeks–3 months UHT MILK & PRODUCTS Typical shelf life 4–12 months Lightweighting/CO2 reduction Reduced LDR – material & cost savings Improved processing performance BENEFITS OF COLORMATRIX™ LACTRA™ Improved bottle performance Compatibility with rPET Helps to Protect Performance Energy efficiency Whiteness 85–92 L* 30% less life cycle emissions Increased machinery life cycle due to reduced wear & tear 80–100% light blocking performance © 2024, All Rights Reserved Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
https://www.avient.com/sites/default/files/2024-12/ISO 9001_Chinese_Changzhou.pdf
质量管理体系认证认证 证书编号:04624Q15809R1S 兹证明: 法博莱恩纱线(常州)有限公司 统一社会信用代码:91320412MA1NMF5W4P 质量管理体系符合: GB/T 19001-2016 / ISO 9001:2015 标准 证书覆盖范围: 纺织品(纱线)、玻璃制品(纱线)的包覆加工 注册地址/实际地理地址:江苏省常州西太湖科技产业园兰香路 8 号研发车间 5 厂房 颁证日期:2024-10-26 有效期至:2027-10-25 初次颁证日期:2021-10-28 证书编号 受审核方 组织机构代码 认证范围 注册地址 生产办公地址 注册日期 有效期至 初次颁证日期 二维码
https://www.avient.com/sites/default/files/2021-04/avnt-fourth-quarter-2020-news-release.pdf
Total expected cost synergy estimates increased from $60 million to $75 million, and the rate of capture has also accelerated.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include the impact the COVID-19 pandemic has on our business, results from operations, financial condition and liquidity; our ability to achieve the strategic and other objectives relating to the acquisition of Clariant’s Masterbatch business, including any expected synergies; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; our ability to continue to pay cash dividends including at the increased rate; an inability to raise or sustain prices for products or services; an ability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to acquisitions and integration, working capital reductions, costs reductions and employee productivity goals; information systems failures and cyberattacks; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
Three Months Ended December 31, 2020 2019 GAAP Results Special Items Adjusted Results GAAP Results Special Items Adjusted Results Income from continuing operations before income taxes $ 57.4 $ 4.2 $ 61.6 $ 19.3 $ 15.0 $ 34.3 Income tax (expense) benefit - GAAP 17.3 — 17.3 (12.9) — (12.9) Income tax impact of special items (Attachment 3) — 1.3 1.3 — 0.4 0.4 Tax adjustments (Attachment 3) — (32.2) (32.2) — 4.5 4.5 Income tax (expense) benefit $ 17.3 $ (30.9) $ (13.6) $ (12.9) $ 4.9 $ (8.0) Effective Tax Rate(1) (30.1) % 22.1 % 66.8 % 23.3 % (1) Rates may not recalculate from figures presented herein due to rounding 12 Year Ended December 31, 2020 2019 GAAP Results Special Items Adjusted Results GAAP Results Special Items Adjusted Results Income from continuing operations before income taxes $ 139.0 $ 66.2 $ 205.2 $ 109.4 $ 61.7 $ 171.1 Income tax expense - GAAP (5.2) — (5.2) (33.7) — (33.7) Income tax impact of special items (Attachment 3) — (14.1) (14.1) — (11.1) (11.1) Tax adjustments (Attachment 3) — (27.3) (27.3) — 5.2 5.2 Income tax expense $ (5.2) $ (41.4) $ (46.6) $ (33.7) $ (5.9) $ (39.6) Effective Tax Rate(1) 3.7 % 22.7 % 30.8 % 23.1 % (1) Rates may not recalculate from figures presented herein due to rounding The following pro forma adjustments are referenced by management to provide comparable business performance by incorporating the Clariant Masterbatch business in periods prior to the acquisition date (July 1, 2020).
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
When showing constant dollar figures on GAAP and non-GAAP financial measures, the foreign exchange impact is calculated by using current foreign exchange rates and applying them to the prior period results.
EPS (1) $0.14 $2.67 $3.04 2006 2018 2022PF TOP-TIER SUSTAINABILITY PERFORMANCE AND RECOGNITION Industry Sustainability Standards 90th percentile 84th ESG Ratings Performance 3 1 4 10 PEOPLE C U L T U R E I S E V E R Y T H I N G Community Service 7x Safer than Industry Average World-Class Safety Leadership Development Over $17 million raised since 2010 Diversity & Inclusion 11 2022 RE SU LT S Q4 EBITDA BRIDGE (PRO FORMA TOTAL COMPANY) 13 $ millions CAI: Price / Mix 42 Inflation (20) SEM: Price / Mix 14 Inflation (10) Net Price Benefit 26 Wage and Energy Inflation (13) Clariant Color Integration Synergies 4 Incentives, Other Employee Costs 21 FX (10) Q4 2022 $107 Adjusted EBITDA Q4 2021 $ 132 Demand (50) Russia Import Sales (3) • Demand contraction especially prevalent in EMEA and Asia • Pricing continues to cover inflation of raw materials, wages and energy PROVEN TRACK RECORD OF STRONG AND IMPROVING FREE CASH FLOW GENERATION 14 • Periods of economic weakness have driven higher levels of cash generation due to working capital management • Anticipate continued strong free cash flow generation and conversion despite global uncertainty 78% 78% 80% 80% 81% 78% 84% 83% 80% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 2014 2015 2016 2017 2018 2019 2020 2021 2022 0 50 100 150 200 250 300 350 400 F re e C as h F lo w C o n ve rs io n F re e C as h F lo w FCF $ AVNT FCF Conversion % S&P FCF Conversion % Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA. 2020 is pro forma for Clariant Color and 2022 is pro forma for Avient Protective Materials. $600 $592 2021 2022 $3.02 $3.04 2021 2022 FULL YEAR 2022 PERFORMANCE (TOTAL COMPANY PRO FORMA) 15 Sales Adjusted EBITDA $3,712 $3,653 2021 2022 -2% Adjusted EPS -1% + 1% (in millions) (in millions) (+4% excluding FX) (+5% excluding FX) (+9% excluding FX) FULL YEAR 2022 SEGMENT PERFORMANCE 16 CAI $2,402 $2,355 Sales ($ in millions) $409 $402 EBITDA SEM Pro Forma $1,308 $1,300 Sales $278 $272 EBITDA (+4% excluding FX) - 2% -1% (+5% excluding FX) - 2% (+4% excluding FX) - 2% (+2% excluding FX) PRO FORMA FULL YEAR EPS BRIDGE 17 Pro Forma 2021 Adjusted EPS 3.02$ Foreign Currency (0.23) Russia Import Sales (0.07) Outdoor High Performance (0.13) Color, Additives and Inks 0.18 Specialty Engineered Materials 0.24 Corporate Costs / Other 0.03 Pro Forma 2022 Adjusted EPS 3.04$ FULL YEAR EBITDA BRIDGE (PRO FORMA TOTAL COMPANY) 18 $ millions CAI: Price / Mix 247 Inflation (176) SEM: Price / Mix 121 Inflation (77) Net Price Benefit 115 Wage and Energy Inflation (47) Clariant Color Integration Synergies 23 Incentives, Other Employee Costs 43 FX (34) Full Year 2022 $592 Adjusted EBITDA Full Year 2021 $ 600 Demand (99) Russia Import Sales (9) • Demand primarily impacted by China lockdowns, 4th quarter industrywide destocking and declining consumer sentiment • Pricing outpaced inflation of raw materials, wages and energy 2023 G U IDA N CE $125 $530 Q1 FY $0.55 $2.40 Q1 FY 2023 GUIDANCE 20 Sales Adjusted EBITDA $845 $3,450 Q1 FY Adjusted EPS (in millions) (in millions) CASH FLOW / BALANCE SHEET 21 • IT investment to further integrate acquired businesses and capture operational efficiencies • Restructuring actions to streamline operations and improve profitability, primarily in Europe ($ millions) 2023E Cash Flow from Operating Activities 350$ Less: Run-Rate CapEx (110) CapEx for IT System Upgrade (25) CapEx for Restructuring (15) Total CapEx (150) Free Cash Flow 200$ Adjusted EBITDA 530$ Net Debt / Adjusted EBITDA 2.9x K E Y G R O W T H D R I V E R S A N D T R A N S F O R M E D P O R T F O L I O GROWTH DRIVERS: PROVEN SUCCESS 23 (1) Pro forma for the acquisition of Avient Protective Materials (APM) COMPOSITES $51 $84 $212 $668 2016 2018 2020 2022 Long Term Growth Rate 10% Organic CAGR 10% HEALTHCARE $108 $113 $231 $293 2016 2018 2020 2022 Long Term Growth Rate 8-10% Organic CAGR 11% ASIA/EMERGING REGIONS $265 $358 $726 $830 2016 2018 2020 2022 Long Term Growth Rate 5% Organic CAGR 12% $340 $455 $790 2016 2018 2020 2022 $1,175 SUSTAINABLE SOLUTIONS Long Term Growth Rate 8-12% Organic CAGR 11% (1) (1)(1) (Sales in $ millions) #1 Color Formulator Dyneema® - World’s Strongest Fiber™ #1 in Composites applications for outdoor high performance #1 in Performance Inks Customized solutions 140+ PhDs on staff Rapid development of innovative products Extensive patent (2,500+) portfolio 33% Vitality Index Better-positioned toward stable, high-growth end markets Consumer, packaging, healthcare and defense comprise nearly 60% of sales Agnostic to raw materials, helping all customers achieve their goals Broad portfolio of diversified sustainable solutions 90%+ of our innovation pipeline invested in sustainable solutions Long-term growth rate well above GDP with expectations of 8-12% LEVERAGING OUR TRANSFORMED PORTFOLIO 24 Healthcare 8% Packaging 24% Consumer 20% Building & Construction 10% Industrial 15% Transportation 9% Energy 4% Telecom. 4% 2022 PF $3.65B sales Defense 6% Leading Positions Sustainable SolutionsDiversified IndustriesSpecialty Formulator (1) 2022 Pro forma for the acquisition of Avient Protective Materials (2) 2020 Pro forma for the acquisition of Clariant Color (1)(2) (1) $340M $455M $790M 2016 2018 2020PF 2022PF $1,175M P EE R C O M PAR IS O N S AVIENT IS ASSET LIGHT Capex / Revenue 2023E (%) Avient Specialty Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of February 13, 2023 Note: Avient reflects 2023 estimated revenue of $3,450 and estimated run-rate CAPEX of $110M. 27 3 2 3 3 4 4 3 4 5 5 5 6 7 7 A vi en t K W R P P G F U L A V Y R P M F M C H U N H X L C E E C L A S H S C L E M N FREE CASH FLOW CONVERSION Source: Peer data per Bloomberg as of February 13, 2023 Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
Avient reflects 2023 adjusted EBITDA guidance of $530M and estimated run-rate CAPEX of $110M.
https://www.avient.com/sites/default/files/2023-10/LubriOne Product Selection Guide.pdf
Steel – Static 0.25 0.46 0.18 0.15 0.12 0.19 0.11 0.14 0.13 0.24 0.17 0.17 Impact Notched Izod Impact (23°C, 3.18 mm, Injection Molded) J/m ASTM D256A 41 64(6) 110 107 107 70 80 37 37 75 – 69 Thermal Properties Heat Deflection Temperature ASTM D648 0.45 MPa °C 215(6) – 250 215 216 184 152 151(6) 153(6) 218(6) – – 1.8 MPa °C 65(6) 239(7) 244(6) 210 210 75 94 81.1(6) 88 197(6) – 135(5) Electrical Properties Surface Resistivity ohms/sq ASTM D254 – – – 1.30x1012 1.9x1012 5.2x1012 – – – – – 1.0x109 Dielectric Strength (Short Time) kV/mm – – 8.5 – – – – – – – – – Flammability Flame Rating Class UL 94 HB – – HB HB HB – HB – – – – LubriOne™ Internally Lubricated Formulations NOTES (1) Type I, 5.1mm/min (2) Type I, 21.3 mm/min (3) Type I, 50 mm/min (4) Type I, 5.1mm/min, Break (5) 3.2 mm thick, Unannealed (6) 6.35 mm thick, Unannealed (7) 3.2 mm thick, Annealed PRODUCT DESCRIPTION UNITS TEST METHOD LB6000- 5024 RS HI Natural LB6000- 5021 RS S1 Black LB6000- 5021 RS X2 Black LB6000- 5019 X1 Black LB6700- 5001 RS AF Black NN- 000/01M Black SO REC LB6600- 5030 RS Grey LB3300- 5010 RS Natural LB3300- 5005 RS Natural REC LB3220- 5001 RS C Natural X1 LB8900- 5010 GP Grey LB8900- 5006 RS PE Natural LB8900- 5004 RS PE Natural LB4200- 5022 Black LB4200- 5023 Natural Base Polymer PA 6 PA6/PA66 PA66 PBT PC PKE POM Lubricant UHMWPE1 UHMWPE UHMWPE UHMWPE UHMWPE MoS22 Graphite UHMWPE UHMWPE UHMWPE Graphite UHMWPE UHMWPE MoS2 UHMWPE Filler type GF10 GF30 GF30 GF50 GF50 Unfilled GF33 GF20 MI20 GF10 Unfilled GF20 GF30 Unfilled Unfilled General Properties Specific Gravity g/cm3 ISO 1183 1.18 1.35 1.39 1.55 1.58 1.14 1.44 1.42 1.46 1.23 1.26 1.34 1.43 1.4 1.35 Mechanical Properties Tensile Modulus (23°C) MPa ISO 527-1 4250 9500 9000 15500 16600 3500 10600 6300 3330 4000 1630 5300 9250 2470 2150 Tensile Strength (Yield, 23°C) MPa ISO-527-2 97 150 160 205 200 85 164 102 55 60 60 108 99.1 55 50 Tensile Elongation (Break, 23°C) % ISO-527-2 12 2.5 3 2.7 2.4 3.4 2.0 4.2 8 2.5 46 3.7 1.5 11 11 Flexural Strength (23°C) MPa ISO 178 103 – – 285 265 108 215 127 78 85 38 155 117 73 68 Flexural Modulus (23°C) MPa ISO 178 3250 – – 12400 11100 2690 9000 4700 3000 3100 1380 4600 5450 2210 2070 Impact Charpy Notched Impact Strength (23°C, Injection Molded) kJ/m^2 ISO 179 14 12 10 15 10 3 6 7.7 4.3 12 15 10 7.6 8 5 Charpy Unnotched Impact Strength (23°C, Injection Molded) kJ/m^2 ISO 179 82 55 61 75 60 65 50 47 69 - NB 63 36 NB NB Thermal Properties Deflection Temperature Under Load 1.8 Mpa, Unannealed °C ISO 75-2/A 107 – – 204 – 73 235 – – – 90 210 204 86 80 Cofficient of Friction (CoF) & Wear Rate CoF vs.
Steel - Static ASTM D1894 – 0.237 0.183 – – – – – – – – – – – – CoF (20min 0.2 m/s) g/min ASTM G77 – – – – – – – – – – – 0.79 0.79 – – Wear Rate (20h, 1m/s) g/min ASTM G77 – – – – – – – – – – – 1.02E-05 1.89E-05 – – Wear Rate (PV=2500) (in3-min/ ft-lb-hr) *10-10 ASTM D3702 – 125 175 – – – – – – – – – – – – Flammability Flame Rating UL 94 – – – – – – – HB HB V2 @ 3mm – – – – – LubriOne™ Internally Lubricated Formulations - PTFE-Free NOTES *ASTM D3702 (PV=2500, against 1018-steel) 1UHMWPE - ultra high molecular weight polyethylene 2MoS2 - molybdenum disulphide To learn more about LubriOne™ internally lubricated solutions, contact Avient at +1.844.4AVIENT (1.844.428.4368) www.avient.com EXPLORE WEAR RESISTANCE LubriOne internally lubricated thermoplastic polymers have been specifically designed to improve tribological performance in components, offering low coefficient of friction and improved wear–resistance properties.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
When showing constant dollar figures on GAAP and non-GAAP financial measures, the foreign exchange impact is calculated by using current foreign exchange rates and applying them to the prior period results.
Global Compact • Highlights ESG Performance, including ratings, awards, and certifications • Features increased carbon emissions disclosures, including Climate Change Scenario Analysis and Scope 3 emissions data • Outlines Sustainable Supplier Program, designed to enable supplier evaluation & collaboration • Reflects Great Place To Work® culture focused on safety, employee engagement and advancing diversity, equity and inclusion 2022 SUSTAINABILITY REPORT 15 Avient Confidential 16 • Virtual presentation to be held September 20, 2023 • Leadership will be conducting an investor-focused presentation around our sustainable solutions portfolio • Deep dive into how we enable customers to achieve their sustainability goals SUSTAINABILITY DAY 16 …are Growing at Twice the Rate as Conventional Products Sustainably-Branded Products… STAKEHOLDER INFLUENCE DRIVES DEMAND Consumers Are demanding recyclability and eco- conscious products Governments Are mandating changes through legislation, taxes, and regional accords Brand Owners Have committed to ambitious goals to achieve sustainability metrics 17 AP P EN D IX 20 Performance Additives 16% Pigments 12% TiO2 10% Dyestuffs 2% Polyethylene 11% Nylon 6% Polypropylene 5% Styrenic Block Copolymer 5% Other Raw Materials 33% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials 2022 pro forma results for the acquisition of Avient Protective Materials RAW MATERIAL BASKET PEER COMPARISONS AVIENT IS ASSET LIGHT Capex / Revenue 2023E (%) Avient Specialty Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of July 21, 2023 Note: Avient reflects 2023 estimated revenue of $3,280 and estimated run-rate CAPEX of $110M. 22 3 2 3 3 4 4 3 3 4 5 5 7 8 8 A vi en t K W R P P G F U L R P M A V Y F M C H U N C E H X L E C L A S H E M N S C L FREE CASH FLOW CONVERSION Source: Peer data per Bloomberg as of July 21, 2023 Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
Avient reflects 2023 adjusted EBITDA guidance of $525M and estimated run-rate CAPEX of $110M. 2023E (%) 23 79 90 84 83 76 73 88 82 77 74 72 67 57 20 A vi en t K W R P P G F U L A V Y R P M F M C C E H X L E C L A S H H U N E M N S C L Avient Specialty Formulators Other Specialty / Chemical Companies MULTIPLE EXPANSION Source: Peer data per Bloomberg as of July 21, 2023 Note: Avient reflects 2023 adjusted EBITDA guidance of $525M and closing share price of $40.93.
https://www.avient.com/sites/default/files/2024-04/Fiber-Line Composite Tape Launch Product Bulletin.pdf
KEY FEATURES • Compatible with various Fiber-Line fibers, performance-adding processes, and thermoplastic resins to meet your application needs • Tapes available up to 5" in width via spools or cut-to-length profiles • Rapid prototyping capability FIBERS • Carbon Fiber • Kevlar® Para-Aramid • Nomex® Meta-Aramid • Fiberglass PERFORMANCE-ADDING PROCESSES • Coating • Twisting KEY APPLICATIONS • Oil & Gas • Industrial • Aerospace • Composite applications needing unique/ specialized reinforcement Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2024-11/Rejoin PCR Colorants Product Bulletin.pdf
APR’s 2018 Life Cycle Inventory Analysis PRODUCT BULLETIN Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2024-08/OnColor REC Polymer Colorants Product Bulletin.pdf
KEY CHARACTERISTICS • Derived from recycled content including end-of-life tires • Available for multiple resins and custom solutions • Retains performance characteristics of traditional carbon black in plastics • Passes REACH and RoHS requirements • Prop 65 letters available • Certified by TÜV Rheinland • PCF calculation available on request MARKET AND APPLICATIONS OnColor REC Polymer Colorants are sustainable solutions across a wide variety of industries and applications, including: • Automotive • Wire and cable • Building and construction • Appliances • Electrical and electronics • Industrial molding applications • Office furniture 1.844.4AVIENT www.avient.com Copyright © 2024, Avient Corporation.