https://www.avient.com/sites/default/files/2024-10/CCG metallic sulfones case study_Final.pdf
AVIATION COMPONENTS
MANUFACTURER
S E A T B E L T C O V E R
• Paint-free, metallic look
• Reduced Volatile Organic Compounds (VOCs)
• Lightweight
• Excellent mechanical performance
• Non-conductive solution
• Provided a non-conductive solution with reduced
VOCs and coexisting color and metallic effects
• Supplied a technology compatible with PPSU,
PES, and PSU
• Lowered density compared to virgin resin
• Reduced the need for secondary processing and
associated VOCs
• Supplied low minimum order quantity of gold,
silver and bronze colors
Colorant Chromatics Metallic Effect Pre-
colored Sulfone Colorants
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2025-02/case study snapshot -Knee RAIL brace LFT.pdf
PowerPoint Presentation
PROSTHETICS AND
ORTHOTICS BRAND
K N E E R A I L & B R A C E
• Replace metal to reduce weight
• Update design to achieve slimmer design
• Offer excellent strength and modulus properties
• Improve durability with better fatigue resistance than
incumbent aluminum
• Increased design freedom and
lightweighting for metal replacement
applications while meeting structural needs
• Delivered excellent fatigue endurance and
moisture resistance for enhanced durability
• Achieved cost reduction per part by
switching to an injection molding process
Complēt Long Carbon Fiber Reinforced
Structural Thermoplastics
WHY AVIENT?
https://www.avient.com/sites/default/files/2025-03/Latam Cesa Slip AntiBlock Case Study.pdf
FLEXIBLE PACKAGING
MANUFACTURER
F L E X I B L E P O U L T R Y P A C K A G I N G
• Provide low friction resistance for multilayer film structures
with external polyamides
• Prevent self-adhesion of plastic films
• Enhance the end-use appearance
• Provided additives that result in a lower
coefficient of friction for packaging end
products
• Enhanced the appearance of packaging
surfaces by creating a smoother finish
• Offered expertise in additives for polyamides
in flexible packaging and assistance in
achieving regulatory approval
Cesa Anti-Block Additives and Cesa Slip
Additives
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/dynaflex-g-cooler-feet-wagon-wheel-tread.pdf
Dynaflex G - Cooler Feet & Wagon Wheel Tread
COOLER
MANUFACTURER
C O O L E R F E E T & W A G O N
W H E E L T R E A D
• Abrasion resistance and excellent tear strength
• UV and heat stability
• Overmoldable to PP or PC
• Provided durable TPE materials at target
durometers to achieve component-specific
performance requirements
• Offered rapid response technical support
for mold trials and guidance on processing
best practices
• Delivered consistent material quality
globally and with short lead times
Dynaflex™ G
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/gls-tpe-closurelogic-cap-liner-spanish.pdf
GLS TPE - Closurelogic Cap Liner - Spanish
CLOSURELOGIC
GMBH
L I N E R P A R A T A P A D E
A L U M I N I O
• Compliance with food contact regulations
• Seals to glass, PET and aluminum bottles
• Excellent pressure retention for carbonated beverages
• Ofrece un TPE de baja migración con
excelentes propiedades organolépticas
• Permitió el procesamiento a temperaturas
20 °C más bajas que los materiales
comparativos
Elastómero termoplástico GLS™
REQUERIMIENTOS CLAVE ¿POR QUÉ AVIENT?
https://www.avient.com/sites/default/files/2024-04/Guitar Picks Case Study Snapshot.pdf
MUSIC
ACCESSORIES OEM
G U I T A R P I C K S
• Achieve colors that provide enhanced visibility in low-light
environments
• Shorten the product development time to accelerate speed
to market
• Create a framework of accessibility-focused picks that
meet quality and performance standards
• Provided onsite exploration using color
theory and trend research to develop three
color options for use in dimly lit
environments or by people with low vision
• Expedited the process with rapid color
matching, iterations, and approvals, allowing
time for additional matches to be explored
• Developed specific colors that met all quality
standards and offered unique, vibrant, and
fun options
ColorWorks™ Design Center, Phoenix, AZ
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-12/Oncolor Lux Colorants - PP Cap - case study snapshot.pdf
INHALER ROLL
BRAND
P P I N H A L E R R O L L C A P
• Provide green glow-in-the-dark effect colorants
• Offer good glowing performance but with a low dosage
• Meet a short delivery lead-time and cost-effective solution
• Met customer’s glowing effect requirement
of more than 8 hours with a 2% dosage
• Offered strong product innovation ability to
support customer’s product differentiation
with special effects
• Provided a short lead time and cost-
effectiveness with local production
OnColor Lux Colorants
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-12/Versaflex TPE Fitness band-case study snapshot_1202.pdf
GLOBAL FITNESS
BRAND
R E S I S T A N C E B A N D
• Soft material (25-30 Shore A durometer)
• Grippy feel
• Good colorability
• Compatible with injection molding
• Developed a custom-made TPE with
excellent rebound resilience, even after
45,000 stretches
• Replaced thermoset rubber with a
recyclable material
• Supported higher production efficiency to
reduce total cost
Versaflex Thermoplastic Elastomers
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-05/AVNT Q1 2023 Earnings Presentation.pdf
& Canada
40%
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
18%
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
9
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
National Defense
budget of $842 billion submitted to Congress
in Q1 2023
• European NATO members annual defense
spend expected to increase by up to 20%
Dyneema® is the world’s strongest fiber™
One of the highest strength to weight
ratios of any material on Earth
Direct relationships with industry leading
armor manufacturers
Resistant to most chemicals, UV, and
moisture to handle any environment
Avient Confidential 13
DEFENSE
Source: US Department of Defense, defense.gov, NATO13
Source:
TRANSPORTATION
• Increased EPA regulations requiring
improved fuel efficiency, enabled in part by
lower-weight vehicles
• Automakers preparing for 2/3 of U.S.
vehicles to be 100% electric by 2032
Lightweight panels that establish both
strength and stiffness resulting in
decreased energy usage, lower emissions
Long-lasting Color applications to resist
UV exposure, temperature fluctuations
and exceed the stylistic requirements of
global automakers
14
$130
$530
$0.60
$2.40
2023 GUIDANCE
15
Sales Adjusted EBITDA
$845
$3,400
Adjusted EPS
(in millions) (in millions)
CASH FLOW / LEVERAGE
16
• Maintaining free cash flow
and leverage guidance from
February earnings call
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Restructuring actions to
streamline operations and
improve profitability,
primarily in Europe
($ 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
LONG-TERM REVENUE GROWTH DRIVERS
Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites 10%
Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
17
Sustainable
Solutions
32%
Asia / LATAM
Composites
Other (GDP
Growth)
39%
• Virtual presentation to be held
September 20, 2023
• The company will be
conducting an investor-focused
presentation around our
sustainability solutions portfolio
Avient Confidential 18
SUSTAINABILITY
INVESTOR DAY
18
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2022
($ in millions)
Organic Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
19
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
$1,175M
Lightweighting
Eco-Conscious
Recycle Solutions
VOC Reduction
Sustainable Infrastructure
Human Health & Safety
Reduced Energy Use
Bio-polymers
SUSTAINABILITY NEEDS BY MARKET
B&C
• Eco-Conscious
• Carbon footprint
• Resource
conservation
• Carbon footprint
• Bio based content
• Eco-Conscious
Automotive
• Light weighting
• Recycled Content
• VOC reduction
• Recycle Solutions
• Carbon Footprint
Packaging
• Recycle Solutions
• Food waste
reduction
Common Theme: CO2 Emission Goals
Increasing Single-Use Plastic Regulation
20
INVESTING
IN INNOVATION
S U S T A I N A B I L I T Y P O R T F O L I O
21
AP P EN D IX
24
RAW MATERIAL 2022 ANNUAL PURCHASES
Performance
Additives
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
• Cost inflation
decelerating,
particularly for
hydrocarbon-based
raw materials
2022 pro forma results for the acquisition of Avient Protective Materials
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
24%
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
26
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
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
34%
38%
END MARKET REGION
27
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
52%
35%
REGION
28
19%
8%Industrial
9% Defense
Building &
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
BY END MARKET
27%
14%
17%
Building &
(37% of sales)Transportation
24%
12%
Building &
US &
Canada
(40% of sales)
56%
23%
Building &
1%
LATAM
(5% of sales)
3%
29
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,400 and estimated run-rate CAPEX of $110M.
31
4 4
5 5 5
6
7
9
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/sites/default/files/2022-11/Seat Buckle System Application Snapshot.pdf
TIER 1 SUPPLIER
S E A T B U C K L E S Y S T E M
• Rapid development of 3 colors for global OEM platform, for
3 materials (POM, SAN, PP)
• Help Tier 1 transition from printing to laser marking of
buckles
• Develop formulation that offers laser marking solution plus
color
• Quick reaction to develop three colors for
this global vehicle launch
• Smartbatch™ color + laser marking
formulation met requirements for critical
safety components
Smartbatch™ Combination Colorants &
Additives
KEY REQUIREMENTS
WHY AVIENT?