https://www.avient.com/sites/default/files/2023-01/Maxxam REC Recycled Polyolefin Formulations Product Bulletin.pdf
KEY CHARACTERISTICS • Formulated with 25–100% recycled resin from PIR & PCR sources • Reduces waste and supports the circular economy • Achieves equivalent performance to standard polyolefin formulations • Can be recycled at end of life • Provides good stiffness, durability, impact resistance and UV stability • Enables customized performance characteristics depending on application need MARKETS AND APPLICATIONS Maxxam REC Polyolefins are suitable for use across many industries and applications where traditional polyolefin materials are used, including: • Transportation - HVAC systems, engine guards, battery housings, flame retardant applications • Industrial - Structural parts, furniture • Consumer - Household appliances, personal care items, packaging, office supplies, food contact applications • Electrical and Electronic – Housings, buttons, junction boxes SUSTAINABILITY BENEFITS • Formulated with 25–100% recycled resin from PIR and/or PCR sources • Reduces waste and supports the circular economy • Reduces carbon footprint • Can be recycled at end of life PRODUCT BULLETIN CHARACTERISTICS UNITS Maxxam REC RS5200-5029 C BLACK X2 Maxxam REC MX5200-5036 HS I BLACK Maxxam REC MX5200-5037 RS HS I BLACK Maxxam REC MX5200-5038 RS HS I BLACK Maxxam REC MX5200-5039 RS HS I BLACK Filler/ Reinforcement – Unfilled Unfilled 20% Mineral 40% Mineral 30% Glass Fiber Recycled Content – 95% PCR 97% PIR 75% PIR 55% PIR 65% PIR Density (ISO 1183) g/ccm 0.93 0.95 1.09 1.28 1.15 Tensile Modulus (ISO 527-1) MPa 1250 950 1500 2150 4250 Tensile Stress (ISO 527-2) MPa 25 175 10 15 50 Tensile Strain Break (ISO 527-2) % >20 >80 >30 17 4.5 Charpy Notched (ISO 179) kJ/m 3 8 5 4 11 TECHNICAL PERFORMANCE CHARACTERISTICS UNITS Maxxam REC RS5200-5026 RS NHFR BLACK 70 Maxxam REC FR H8 V2 BLACK RG 70 Maxxam REC L6 GF/30 H BLACK T RG 70 Maxxam REC MX5200-5027 RS HS BLACK RG Maxxam REC MX5200-5028 RS HS BLACK RG Maxxam REC C10 H-UV AS EP RG BLACK 70 Filler/ Reinforcement – 30% Glass Fiber Unfilled 30% Glass Fiber 30% Glass Fiber 40% Talcum Unfilled Recycled Content – 37% PIR 90% PIR 55% PIR 35% PIR 50% PIR 25% PIR Density (ISO 1183) g/ccm 1.42 0.950 1.13 1.15 1.23 1.03 Tensile Modulus (ISO 527-1) MPa 8250 1300 6100 6400 – 700 Tensile Stress (ISO 527-2) MPa 71.0 30.0 70.0 70.0 28.0 15.0 Notched Izod (ISO 180) kJ/m – 4.0 10 5.8 2.7 No Break Flame Rating @ 1.6mm thickness (UL 94) – V-0 V-2 HB HB HB HB TECHNICAL PERFORMANCE Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2020-09/stat-tech-for-adas-application-bulletin.pdf
STAT-TECH AS-10CF/000 BLACK STAT-TECH ST3200-0010 NH FR BLACK STAT-TECH ST9620-0020 ES RED STAT-TECH NN-40CF/000 NH FRV0 NATURAL Applications Sensor, Camera & ECU Housings Sensor, Camera & ECU Housings Sensor, Camera & ECU Housings Sensor, Camera & ECU Housings Defining Features Antistatic Conductive EMI Shielding Flame Retardant EMI Shielding Good Chemical Resistance High Stiffness Filler/ Reinforcement Carbon Fiber, 10% by Wt — Nickel-Coated Carbon Fiber Carbon Fiber, 40% by Wt Surface Resistivity 1.0E+2 to 1.0E+6 ohms 1.5E+4 ohms 1.0E+2 to 1.0E+4 ohms 1.0E+2 to 1.0E+5 ohms Shielding Effectiveness (10GHz, 1/8" thickness) — — 61 dB 70 dB HOW STAT-TECH MATERIAL MAKES THE DIFFERENCE IN AUTOMOTIVE ADAS SENSORS, CAMERAS AND ECUS Protection from static buildup – Stat-Tech material reduces static buildup with surface resistivity between 1.0E+2 ohms and 1.0E+6 ohms, minimizing sparks from damaging nearby electrical components, especially those near fuel storage.
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
NYSE: AVNT) AVIENT CORPORATION S P E C I A LT Y P O R T F O L I O T R A N S F O R M AT I O N C O N T I N U E S W I T H D Y N E E M A A C Q U I S I T I O N 2 0 2 2 F I R S T Q U A R T E R R E S U LT S DISCLAIMER 2 Forward-Looking Statements In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Morgan • New Senior Secured Term Loan B and new Senior Unsecured Notes • Potential proceeds from sale of Distribution business modeled to pay off 5.25% senior notes due 2023 and Term Loan • Acquisition aligned with Avient’s track record of disciplined capital allocation policy • Existing dividend policy maintained, focus on deleveraging in the near term (1) (1) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan Cash and Cash Equivalents 595$ Senior Secured Term Loan due 2026 605$ New Senior Secured Term Loan B 500 Total Senior Secured Debt 1,105$ Senior Unsecured Notes due 2025 650$ New Senior Unsecured Notes 740 Total Senior Unsecured Debt 1,390$ Total Debt 2,495$ Net Debt 1,900$ 2022 Pro forma Adjusted EBITDA 660$ Net Debt / Adjusted EBITDA 2.9x Pro Forma Capitalization (2022 estimates, all figures in $M) TWO-YEAR LEVERAGE GOAL 24 3.5x 2.7x 1.7x 2.9x 2.5x 2.2x 2019PF 2020PF 2022E 2022PF 2023E 2024E Dyneema® AcquisitionClariant Color Acquisition (1) Pro forma for the acquisition of the Clariant Color business (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan (1) (1) (2) 25 PRO FORMA MODELING 2022E Pro Forma Pro Forma ($M) w/ Dyneema w/Sale Revenue 5,100$ 415$ 5,515$ (1,775)$ 3,740$ Adjusted EBITDA 635 130 765 (105) 660 EBITDA % 12% 31% 14% 6% 18% Pro Forma EPS (Adjusted) 3.50$ 0.00$ 3.50$ (0.56)$ 2.94$ Pro Forma EPS (excl. amortization) 3.96$ 0.35$ 4.31$ (0.56)$ 3.75$ Leverage (12/31/2022E) Net Debt / Adjusted EBITDA 1.7x 3.5x 2.9x Avient Dyneema Distribution® ® OUR SPECIALTY JOURNEY ACQUISITION HISTORY 27 Commercial Resources(1) Operating Income ($ in millions) Operating Margins 259 360 At Acquisition 2021 $40 $122 At Acquisition 2021 9% 21% At Acquisition 2021 Established Acquisitions (> 7 years) + 39% + 210% + 1200 bps (1) Commercial Resources include associate headcount in R&D / Technical, Marketing and Sales CLARIANT COLOR ACQUISITION 28 $133 $205 2019PF 2021 28 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.1x 2019PF 2021 2021 w/ Full Synergies • Acquisition of Clariant Color business significantly expanded presence in healthcare, packaging and consumer end markets • Strength of portfolio – double-digit annual EBITDA growth since acquisition • $54 million of synergies realized in 2021 • Acquisition completed on July 1, 2020 for $1.45 billion.
Purchase price multiple rapidly declining on strength of business and synergy capture (1) (1) (1) Financial information is pro forma to include a full year of Clariant Color acquisition ($ in millions) 11.9% 16.2% 2019PF 2021 EBITDA Margins (1) SPECIALTY TRANSFORMATION 7% 46% 66% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2021 2022 PF % o f A dj us te d EB IT D A(1 ) JVs Distribution Performance Products & Solutions Specialty (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution (2) 29 12% 18% 16% 15% 15% 14% 14% 28% 28% 26% 25% 22% 21% 19% 16% 12% 9% 9% Av ie nt T od ay Av ie nt P F AV Y PP G KW R FU L R PM C E AL B FM C AS H EC L EM N H XL H U N SC L BN R U N VR Median: 21%Median: 15% 2022 EBITDA MARGINS VS.
https://www.avient.com/sites/default/files/2024-03/Nymax _ Nymax REC Processing Guide.pdf
Gate type should be selected based on location and part geometry. 2.
Half-round or standard trapezoid runners are not recommended. 2.
Place vents at the end of fill and anywhere potential knit/weld lines will occur. 2.
https://www.avient.com/sites/default/files/2024-06/Cesa Flame Retardant Product Selection Guide %281%29.pdf
PE Control Conventional FR Cesa F-Series 1 Cesa F-Series 2 Time, Seconds H ea t R el ea se R at e kW /m 2 2000 1500 1000 500 0 1.844.4AVIENT www.avient.com Copyright © 2024, Avient Corporation.
POLYMER PRODUCT NAME PROPERTY PERFORMANCE TYPE DOSAGE/ LDR MATERIAL CODE ABS FRABS92991 UL 94 Halogen 35% CC10292991WE ABS FRABS52399 UL 94 Halogen 5–14% CC10252399WE HDPE Cesa Flam MB 5101AH UL 94 Halogen 7–16% PEAN698479 Nylon Cesa Flam MB 5728H UL 94 Halogen 8–14% ABA0698450 Nylon Cesa Flam MB 5731NH UL 94 Non-halogen 8–20% ABAN698410 PC Cesa Flam NCA0820018NH UL 94 Non-halogen 2–4% NCA0820018 PC NCAN-Z0N-FN FLMRET 698419 UL 94 Non-halogen 3–8% NCAN698419 PE FRPE94802 ASTM E84 Non-halogen 100% CC103094802F PE FRPE41011 UL 94 Halogen 20–30% CC1034101160 PET Cesa Flam MB 5525NH UL 1441, UL 94 Non-halogen 6–8% NEAN698534 PET FRPET65462 UL 94 Non-halogen 5–12% CC103265462F PET/ PBT Cesa Flam MB 5532NH NFPA 701 Non-halogen 4–6% NBAN698451 PP Cesa Flam MB 5201H UL 94 Halogen 6–30% PPAN698410 PP Cesa Flam MB CT-1629NH Cal TB 133, UL 94 Film, NFPA 701 Non-halogen 6–8% PPAN698428 PP FRPP365370 UL 94 Non-halogen 10–20% CC103653702F PP Copolymer FRPP37654 UL 94 5VA Halogen 100% CC10337654WE PP Copolymer FRPP53484 UL 94 Halogen 10% CC1035348460 PS FRPS62722 ASTM E84 Halogen 2–4% CC10262722WE PS/HIPS Cesa Flam SLA0820014H UL 94 Halogen 4–8% SLA0820014H TPU Cesa Flam 98461NH UL 94 Non-halogen 6–14% RUA0698461 F-SERIES FLAME RETARDANT ADDITIVES HDPE/PE F-Series UL 94 Non-halogen 10–25% PEA0820024 PE F-Series UL 2335, FM 4998 Non-halogen 10–25% PEA0820069
https://www.avient.com/sites/default/files/2023-01/Trilliant HC GF Polyketone _PK_ Product Bulletin.pdf
PRODUCT BULLETIN PROPERTY COMPARISON TRILLIANT HC VS NYLON Density Impact Flexural Modulus (Dry) Tensile Strength (Dry) HDT Equilibrium Moisture — PKE-GF PA12-GF PA612-GF 5 4 3 2 1 0 Impact Shrink Flexural Modulus (Dry) Chemical Resistance Flexural Modulus (Cond.)
CO2 Emission Factor — Trilliant HC — PA6-GF — PA66-GF HDT Wear Density 5 4 3 2 1 0 Equilibrium Moisture 1: Poor 3: Good 5: Excellent Density Impact Flexural Modulus (Dry) Tensile Strength (Dry) HDT Equilibrium Moisture — PKE-GF PA12-GF PA612-GF 5 4 3 2 1 0 Impact Shrink Flexural Modulus (Dry) Chemical Resistance Flexural Modulus (Cond.)
CO2 Emission Factor — Trilliant HC — PA6-GF — PA66-GF HDT Wear Density 5 4 3 2 1 0 Equilibrium Moisture 1: Poor 3: Good 5: Excellent 1.844.4AVIENT www.avient.com Copyright © 2023, Avient Corporation.
https://www.avient.com/content/what-lft
In other words, the individual reinforcing fibers are aligned with respect to each other, and are exactly as long (usually 1/2 inch or 12 mm) as the pellet.
https://www.avient.com/investor-center/investor-news/archives
First quarter sales of $827 million, reflects 2% organic growth over the prior year quarter, excluding the impact of foreign exchange
Fir
https://www.avient.com/news/polyone-present-wells-fargo-2015-industrial-and-construction-conference
When: Wednesday, May 6, 2015 – Presentation Time: 2:35 PM
https://www.avient.com/investor-center/investor-news/archives?page=0
First quarter sales of $827 million, reflects 2% organic growth over the prior year quarter, excluding the impact of foreign exchange
Fir