https://www.avient.com/products/polymer-colorants/fiber-colorants/magiq-liquid-fiber-additives-and-colorants
Take the next big step towards true sustainability in fashion textiles
Discover how our fiber tracer technology can help confirm the origin of fibers in your textile products
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: • 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; • The current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including, without limitation, any supply chain and logistics issues; • Changes in laws and regulations regarding plastics in jurisdictions where we conduct business; • 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 achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials (APM); • An inability to raise or sustain prices for products or services; • Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; • Information systems failures and cyberattacks; • Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and • Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions Use of Non-GAAP Measures This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
Pro Forma Financial Information The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
GUIDANCE DEBT / LEVERAGE REDUCTION • Completed sale of Distribution and paid down $750M of debt in November • Strong free cash flow in fourth quarter reduced leverage and enabled paydown of additional $200M of debt • Fixed/Floating Debt Ratio 63/37 • Proven track record of deleveraging following acquisitions through consistent free cash flow generation $725 $725 $725 $575 $500 $400 $600 $525 $425 $650 $650 $650 $600 $2.40B $2.20B 2030 Notes 2029 Term Loan 2026 Term Loan 2025 Notes After Distribution Divestiture Year-End 4 Year-End Leverage 3.8x 3.1x 2.9x 2023 Notes After Avient Protective Materials Acquisition $3.15B 2022 TRANSFORMATIONAL PORTFOLIO ENHANCEMENTS 5 EBITDA margins expanded from 12% to 16% Diversified end markets with reduced exposure to more cyclical industries Dyneema® Acquisition $1.48B acquisition strengthens composites platform Significantly improved EBITDA margins $950M divestiture results in 100% specialty sales Strong exit multiple of 10x TTM EBITDA despite market volatility Distribution Divestiture Improved Portfolio GROWING COMPOSITES PLATFORM CONTRIBUTIONS TO SEM SEGMENT 6 Note: 2022 is pro forma for Avient Protective Materials 2016 Sales 2022 Sales Advanced Composites 51% $560M $1,300M Advanced Composites 9% COMPOSITES PORTFOLIO D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D T A P E S T E C H N O L O G Y LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers 7 ADVANCED COMPOSITES PERFORMANCE 8 (1) Pro forma for the acquisition of Avient Protective Materials Sales $51 $84 $212 $668 2016 2018 2020 2022 $4 $10 $41 $169 2016 2018 2020 2022 EBITDA (1) (1) ($ in millions) PORTFOLIO EVOLUTION AND EPS EXPANSION 9 Adj.
https://www.avient.com/knowledge-base/article/securing-supplies-medical-plastic-solutions?ind[]=6598
How to minimize the risk of supply chain disruption for healthcare plastic colorants and functional additives
Solutions generally include localizing the supply chain or finding alternative suppliers.
https://www.avient.com/knowledge-base/article/securing-supplies-medical-plastic-solutions?pname[]=17815
How to minimize the risk of supply chain disruption for healthcare plastic colorants and functional additives
Solutions generally include localizing the supply chain or finding alternative suppliers.
https://www.avient.com/news/new-zodiac-taurus-non-pvc-plastisol-inks-avient-present-eco-conscious-options-textile-printing
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New Zodiac™ Taurus™ Non-PVC Plastisol Inks from Avient Present Eco-Conscious Options for Textile Printing
https://www.avient.com/industries/consumer/consumer-staples/everyday-essentials/apparel-footwear-accessories
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https://www.avient.com/resource-center?document_type=0&industry=0&product_family=84&product_subfamily=0&product_name=0&op=FILTER RESULTS&form_build_id=form-fNS88LG3BRw1MCsEhxqrGzoCcCISeOxlsDfIOUV4Mx0&form_id=resource_filter_form
Textiles and Fabrics
Color-coated, high-performance fabric for a textile manufacturer
Cesa™ Light Additives provided high concentrate UV protection in nonwoven textiles with dosage at 50%
https://www.avient.com/resource-center?document_type=0&form_build_id=form-fNS88LG3BRw1MCsEhxqrGzoCcCISeOxlsDfIOUV4Mx0&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=84&product_name=0&product_subfamily=0&page=0
Textiles and Fabrics
Color-coated, high-performance fabric for a textile manufacturer
Cesa™ Light Additives provided high concentrate UV protection in nonwoven textiles with dosage at 50%
https://www.avient.com/resource-center?document_type=59&page=6
Cesa™ Light Additives provided high concentrate UV protection in nonwoven textiles with dosage at 50%
Versaflex™ TF Adhesive Thermoplastic Elastomers (TPEs) for Textile Fabrics (Chinese)
Overview of key characteristics, markets and applications for Versaflex™TF Adhesive Thermoplastic Elastomers (TPEs) for Textile Fabrics (Chinese language version)
https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=6
Cesa™ Light Additives provided high concentrate UV protection in nonwoven textiles with dosage at 50%
Versaflex™ TF Adhesive Thermoplastic Elastomers (TPEs) for Textile Fabrics (Chinese)
Overview of key characteristics, markets and applications for Versaflex™TF Adhesive Thermoplastic Elastomers (TPEs) for Textile Fabrics (Chinese language version)