https://www.avient.com/news/avient-unveils-ptfe-free-and-non-halogen-flame-retardants-polycarbonate-fakuma-2023
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Avient Unveils PTFE-Free and Non-Halogen Flame Retardants for Polycarbonate at Fakuma 2023
They are also halogen-free in accordance with the IEC 61249-2-21 standard.
Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy
https://www.avient.com/sites/default/files/2023-11/AVNT November IR Presentation.pdf
Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share and Free Cash Flow to the most comparable GAAP financial measures on a forward-looking basis because Avient is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
Maintain asset-light, 80% free cash flow conversion profile and be valued as a specialty formulator 5.
PRIOR YEAR $790 $710 2022 2023 $107 $112 2022 2023 Sales Adjusted EBITDA (in millions) $0.42 $0.47 2022 PF 2023 Adjusted EPS (in millions) - 10% + 5% + 12% Sales Adjusted EBITDA Adjusted EPS 16 $112 $500 Q4 FY $0.47 $2.30 Q4 FY Q4 AND FULL YEAR 2023 GUIDANCE $710 $3,130 Q4 FY Sales Adjusted EBITDA Adjusted EPS 17 (in millions) (in millions) Guidance: Free Cash Flow $180 $180 Prior Guidance Guidance FREE CASH FLOW & INCREASED DIVIDEND 13th Consecutive Dividend Increase 0.16 0.26 0.42 0.58 0.79 0.85 0.99 1.03 2011 2013 2015 2017 2019 2021 2023 2024 18 S U S TAI NABI L I T Y DAY RE CAP SUSTAINABILITY AS A GROWTH DRIVERLONG-TERM REVENUE GROWTH DRIVERS 60%+ Key Growth Drivers Sustainable Solutions Composites, Healthcare, Asia / LATAM Overlap Other (GDP Growth) Total Company Revenue Growth Drivers Long-Term Growth Rate Sustainable Solutions 8–12% Composites 8–10% Healthcare 8–10% Asia / LATAM 5% Other (GDP growth) 0–2% Avient 6% 20 SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH 8-12% Long Term Growth 50 90 2022 2030 Medical Plastics Market Size (in $Billions) 2020 2030 Recycled Plastics Virgin Plastics Growing Demand for Recycled Content Avient Sustainable Solutions 18 46 2023 2032 Global Offshore Annual Wind Installations (in Gigawatts) Sources: McKinsey, Bloomberg, Grand View Research SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH 21 • Transformative acquisitions combined with divestitures of more cyclical businesses have improved margins over 400 bps since 2018 • 20% long-term margin goal to be driven by key growth drivers, with sustainable solutions playing a meaningful role 5.4% 11.5% 16.0% 2006 2018 2023E Recovery Growth Drivers Strategic Objective 20%+ +1%+ +3%+ ADJUSTED EBITDA MARGIN EXPANSION 22 • 6% annualized long-term sales growth leveraging sustainable solutions, composites, healthcare, and emerging regions • Expand EBITDA margins to 20% • Deliver annual EBITDA and EPS growth of 10% and 15% • Maintain asset-light, 80% free cash flow conversion profile and be valued as a specialty formulator • Continue fostering our Great Place to Work® culture CREATING A WORLD-CLASS SUSTAINABLE ORGANIZATION 23 PEER COMPARISONS AVIENT IS ASSET LIGHT Capex / Revenue 2023E (%) Avient Specialty Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of October 27, 2023 Note: Avient reflects 2023 estimated revenue of $3,130 and estimated run-rate CAPEX of $110M. 26 3.5 1.8 2.7 3.0 3.4 3.7 2.8 3.7 4.6 5.0 6.9 7.0 8.6 11.1 Av ie nt KW R FU L PP G AV Y R PM FM C H U N C E EC L AS H H XL EM N SC L FREE CASH FLOW CONVERSION Source: Peer data per Bloomberg as of October 27, 2023 Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/full-year-2024-results
The non-GAAP financial measures include organic performance (which excludes the impact of foreign exchange), adjusted EPS, adjusted operating income, adjusted EBITDA, adjusted EBITDA margins, free cash flow and adjusted free cash flow.
Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
https://www.avient.com/industries/consumer/consumer-discretionary/home-household/office-supplies
Edgetek™ Formulation Screw Driver Handle
Advanced Mobility
Advanced Driver Assist Systems
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
The non-GAAP financial measures include Free Cash Flow and Adjusted EBITDA Margin.
EBITDA Margins (1) 5.4% 11.5% 16.0% 2006 2018 2023E • Delivered on organic growth combined with transformative and bolt-on acquisitions • Divested commodity businesses tied to more cyclical end markets • Expanded presence in high growth areas of sustainable solutions, composites, healthcare applications and emerging regions LONG-TERM REVENUE GROWTH DRIVERS Avient Corporation 14 Growth Drivers Long-Term Growth Rate Sustainable Solutions 8–12% Composites 8–10% Healthcare 8–10% Asia / LATAM 5% Other (GDP growth) 0–2% Avient 6% 60%+ Key Growth Drivers Sustainable Solutions Composites, Healthcare, Asia / LATAM Overlap Other (GDP Growth) HISTORICAL GROWTH DRIVER PERFORMANCE Avient Corporation 15 Composites $51 $84 $212 $668 2016 2018 2020 2022 Organic CAGR 10% Healthcare $108 $113 $231 $293 2016 2018 2020 2022 Organic CAGR 11% Asia/Emerging Regions $265 $358 $726 $830 2016 2018 2020 2022 Organic CAGR 12% $340 $455 $790 2016 2018 2020 2022 $1,175 Sustainable Solutions Organic CAGR 11% (Sales $ in millions) Avient Corporation 16 $340M $405M $455M $550M $790M $915M 2016 2017 2018 2019 2020 2021 2022 Revenue From Sustainable Solutions 2016-2022 ($ in millions) 11% Organic CAGR $1,175M Lightweighting Eco-Conscious Recycle Solutions VOC Reduction Sustainable Infrastructure Human Health & Safety Reduced Energy Use Bio-polymers Solutions to increase recycled content and minimize plastic waste Solutions to reduce weight and energy consumption Solutions to preserve and protect natural resources & human life SUSTAINABILITY: FOCUS TODAY Sustainability Strategy Walter Ripple Vice President, Sustainability Avient Corporation 17 OUR SUSTAINABILITY COMMITMENT As the world’s premier provider of specialized and sustainable materials, services, and solutions, Avient is committed to meeting the needs of the present without compromising future generations’ ability to meet their needs.
Our ability to enable our customers’ sustainability goals through material science and design expertise is a key differentiator for our company.
https://www.avient.com/news/polyone-natural-fiber-materials-and-metal-replacement-solutions-featured-fakuma-2015
In addition, experts from the company will make 15-minute Tech Talk presentations daily at the PolyOne exhibit (Hall B5, Stand 5316) to help plastics processors quickly learn more about these advanced technologies.
PolyOne will also update show visitors on the status of developments, such as its reSound™ NF natural fiber-reinforced solutions.
PolyOne also will present an update to the unique 3D-MID (three dimensional molded interconnect device) manufacturing technology it highlighted at its stand during Fakuma 2014.
https://www.avient.com/knowledge-base/case-study/reducing-weight-automotive-parts
The project was a key driver in the automaker’s effort to reduce vehicle weight, improve fuel economy and fulfill emission reduction targets.
https://www.avient.com/knowledge-base/case-study/reducing-weight-automotive-parts?sust[]=1165
The project was a key driver in the automaker’s effort to reduce vehicle weight, improve fuel economy and fulfill emission reduction targets.
https://www.avient.com/company/sustainability/sustainability-report/people/training-and-development
As we build for the Avient of the future, Leadership, Talent and Culture is a strategic driver of our strategy.
As a key aspect of our talent pipeline, we partner with leading universities around the world to hire employees into fulltime, co-op or internship opportunities.
The Avient Leadership Behaviors are a driver of how we achieve success.
https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-flame-retardant-additives
Cesa™ Flame Retardant Additives PTFE-free and Non-halogen for Polycarbonate
Overview of benefits and applications for PTFE-free and non-halogen flame retardant additives
Cesa™ Flame Retardants solution to meet extruder's key requirements