https://www.avient.com/resources/safety-data-sheets?page=6896
16550 EPIC RIVAL SPORT VICTORY ANTHRA-C
https://www.avient.com/investor-center/news/polyone-host-investor-conference-call
Bradley C.
https://www.avient.com/investor-center/news/polyone-announces-exercise-option-purchase-additional-common-shares
c/o
https://www.avient.com/sites/default/files/resources/AquaMix-_Fact_Sheet__72831-B_%25281%2529.pdf
Melt temperature 150° C
Trackifier Resin Aquamix 814 60 Phenolic Resin.
Melt temperature 90° C
Wingtack® 95 Aquamix 789 50 Hydrocarbon resin.
Melt temperature 90° C
Wingtack® 95 Aquamix 789 50 Hydrocarbon resin.
https://www.avient.com/sites/default/files/resources/Universal_Polyamide_Overmold_Thermoplastic_Elastomer.pdf
The interface of the TPE and rigid substrate plays a vital role in determining not only the bond
strength, but also the type failure; i.e. cohesive (C) or adhesive (A).
The adhesion is categorized
based on adhesive failure (A)- if no TPE residue is left on the substrate or cohesive failure (C)- if
the failure is in TPE.
Molding condition:
Barrel temperature (from feed and nozzle) C (F):182, 249, 260, 260 (360, 480, 500, 500F)
Injection speed: 5.08 mm/min
TPE thickness: 1.5 mm.
https://www.avient.com/sites/default/files/2020-12/resound-om-technical-bulletin_0.pdf
Peel, PLI 12 19 23 20 19
reSound OM 5510 for PP
reSound OM 5510-60N Room Temperature 70C
Bio-derived Content (%) 50% 50% 50% 50% 50% 50% 50%
Hardness, Shore A 60 60 60 60 60 60 60
Specific Gravity 0.89 0.89 0.89 0.89 0.89 0.89 0.90
50% Modulus, PSI 247 241 244 251 234 244 240
100% Modulus, PSI 343 333 338 339 321 331 326
Tensile Strength, PSI 625 621 647 610 633 662 642
Elongation, % 306 314 309 313 312 315 315
Tear Strength, PLI 109 108 113 113 111 117 115
reSound OM 5520-55N Room Temperature 70C
Bio-derived Content (%) 49% 49% 49% 49% 49% 49% 49%
Hardness, Shore A 54 54 55 55 54 55 56
Specific Gravity 0.95 0.95 0.96 0.96 0.95 0.96 0.96
50% Modulus, PSI 258 256 256 265 266 271 257
100% Modulus, PSI 353 355 357 362 373 379 367
Tensile strength, PSI 637 615 637 669 651 674 642
Elongation, % 319 315 319 333 313 319 315
Tear Strength, PLI 146 136 133 142 137 138 141
reSound OM 5510-45N Room Temperature 70C
Bio-derived Content (%) 40% 40% 40% 40% 40% 40% 40%
Hardness, Shore A 45 46 47 46 46 45 45
Specific Gravity 0.88 0.89 0.89 0.89 0.89 0.89 0.90
50% Modulus, PSI 153 158 154 162 137 136 133
100% Modulus, PSI 251 259 259 261 226 222 218
Tensile Strength, PSI 438 481 451 495 417 470 486
Elongation, % 215 240 211 243 204 227 238
Tear Strength, PLI 84 81 87 82 83 85 84
AGING – PROPERTY RETENTION
• Tested at room temperature and 70° C for comparison • Hardness, tensile strength elongation and modulus
showed great retention
Overmolding onto PP
Overmolding onto ABS
RHEOLOGY
Suitable for injection molding and overmolding
1.0
10 100 1000 10000 100000
10.0
100.0
1000.0
reSound OM 5510-30N
reSound OM 5510-45N
reSound OM 5510-60N
reSound OM 5510-70N
Shear Rate, 1/s
Ca
pi
lla
ry
V
is
co
si
ty
, P
a*
s
1.0
10 100 1000 10000 100000
10.0
100.0
1000.0
reSound OM 5520-55N
Shear Rate, 1/s
Ca
pi
lla
ry
V
is
co
si
ty
, P
a*
s
Capillary viscosity at 200°C
Capillary viscosity at 200°C
reSound OM 5510 for PP
reSound OM 5520 for ABS
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/resources/Resilience%2520LS%2520Diffuse%2520Comparison%2520Guide_No%2520CP.pdf
PDI) on extruded profiles
2 ASTM D-638
3 ASTM 256
4 ASTM D-648 66 psi, unannealed, 0.125"
5 Savings depends on profile size
and production volume
Acrylite is a registered trademark of
Evonik Performance Materials
Lens Performance
Resilience™ LS
Frost PVC
Acrylite® Satinice
Frost PMMA
Light Transmission1 at 0.060"
(1.5mm)
83% Low Diffusion
78% Medium Diffusion
75% High Diffusion
81% Low Diffusion
Diffusion Half Power Angle (DLD)
26° Low Diffusion
41° Medium Diffusion
58° High Diffusion
26° Low Diffusion
Tensile Strength2
Tensile Modulus2
Tensile Elongation (break)2
7,360 psi
400,000 psi
20%
7,330 psi
330,000 psi
43%
Flammability (UL 94)
V-0 @ 1.5mm
5VA @ 2.0mm
HB @ 1.6mm
Notched Izod Impact (73°F)3 2.3 ft-lb/in 0.6 ft-lb/in
Heat Deflection Temperature4 157°F/69°C 182°F/83°C
UV Stability Good Excellent
Chemical Resistance Excellent Good
Typical Lens Profile Cost 10–15% Savings5 Baseline
1.866.POLYONE
www.polyone.com
Copyright © 2018, PolyOne Corporation.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
Microsoft PowerPoint - AVNT Q4 2022 Earnings Presentation
AVIENT CORPORATION
F O U R T H Q U A R T E R 2 0 2 2 R E S U L T S A N D
2 0 2 3 F I N A N C I A L G U I D A N C E
(NYSE: AVNT)
F E B R U A RY 1 5 , 2 0 2 3
DISCLAIMER
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
EPS
$0.14
$2.67
$3.04
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
90th
percentile
84th
ESG Ratings Performance
1
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
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%
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
re
e
as
h
F
lo
w
C
o
n
ve
rs
io
n
re
e
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
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years.
29
EV / 2023E EBITDA
Historic Multiple
6.5
8.3
10.0
15.6
13.9 13.7
12.8
9.5
18.0 17.5
12.3
10.2 9.7
8.8 8.4
5.9
(2
01
1)
(2
01
8)
SEGMENT DATA
U.S. & Canada
40%
37%
18%
Latin America
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Building and
END MARKET REVENUE
(1) Total company adjusted EBITDA of $592M includes corporate costs
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
31
C O L O R , A D D I T I V E S & I N K S
2022 REVENUE | $2 .4 B ILL ION
US & Canada
34%
38%
Latin America
END MARKET REGION
32
34%
21%
Building &
1% Energy
2%
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
END MARKET
US & Canada
52%
35%
REGION
33
19%
8%Industrial
16%
Building &
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
2022 PROFORMA AVIENT REGIONAL SALES
BY END MARKET
27%
14%
17%
Building &
(37% of sales)Transportation
12%
Building &
US &
Canada
(40% of sales)
7%
56%
23%
7%
Building &
1%
LATAM
(5% of sales)
3%
34
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2021-12/Chemically Resistant Materials Whitepaper.pdf
Images of A) Trilliant HC8900 series,
B) FR PC alloys, and C) FR copolyester tensile bars in the strain apparatus following a
72-hour treatment with Virex® TB.
R.; Richards, C.
C.; Gaynes, R.
https://www.avient.com/sites/default/files/resources/PDI_Healthcare_Brochure_2011_0.pdf
C M Y K HC_Industry bulletin_PDI_fi nal.indd REMAY 78810
TR: 16.5000" x 11.6875" and 17.000" x 11.000" Digital/IAM
BL: 17.2500" x 11.9375"
FINAL: 8.2500" x 11.6875" and 8.500" x 11.000"
i n
Polymer Diagnostics Inc.
PDI has extensive experience with
the testing of medical devices and
materials including:
• Catheters
• Bio-implants
• Surgical diagnostic devices
• Medical tubing
• Other disposable medical devices
Issues often arise as a result of:
• Improper design or choice of material
• The environment of exposure
• Processing conditions
World-class people and capabilities
under one roof
• Failure Analysis/Prevention
• Qualifi cation Support
• Rheology
• Polymer Characterization
• Deformulation
• Physical Testing
• Litigation Support
• Characterization of polymers in pharmaceutical
delivery systems
• Phthalate and BPA testing
C M Y K HC_Industry bulletin_PDI_fi nal.indd REMAY 78810
TR: 16.5000" x 11.6875" and 17.000" x 11.000" Digital/IAM
BL: 17.2500" x 11.9375"
FINAL: 8.2500" x 11.6875" and 8.500" x 11.000"
i n
Polymer Diagnostics Inc.
C M Y K HC_Industry bulletin_PDI_fi nal.indd REMAY 78810
TR: 16.5000" x 11.6875" and 17.000" x 11.000" Digital/IAM
BL: 17.2500" x 11.9375"
FINAL: 8.2500" x 11.6875" and 8.500" x 11.000"
i n