https://www.avient.com/sites/default/files/2021-07/avient-human-rights-position-statement-updated-july-2021.pdf
To ensure consistent
communication and compliance, all associates globally are expected to complete our Code of Conduct
training on an annual basis on various aspects of our Code, including but not limited to human rights.
https://www.avient.com/sites/default/files/2024-10/Avient Human Right Policy - July 2024.pdf
To ensure consistent
communication and compliance, all associates globally are expected to complete our Code of
Conduct training on an annual basis on various aspects of our Code, including but not limited to
human rights.
https://www.avient.com/sites/default/files/2025-02/Hexagon and digimat case study.pdf
Once the calibration procedure was complete, Avient
applied this Digimat material model to various structural
models.
https://www.avient.com/sites/default/files/2021-11/avient-design-ergonomic-design-guide.pdf
The team entered material data relevant to
ergonomic performance into the FEA software
to complete the model .
A stress-strain curve was used to extract the
stiffness value for the Complēt™ material .
The setup was completed by fixing the impact surface of
the hammer and applying a 1g (gravity force = 9 .8 m/s/s)
excitation in the X-direction, as shown in Figure 21 .
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
Just a few months ago, we completed the acquisition of the Clariant Masterbatch
business, the largest acquisition in the 20-year history of our company.
Q 4 A N D F U L L Y E A R
2 0 2 0 P E R F O R M A N C E
$0.30
$0.52
2019 PF 2020
Q4 2020 ORGANIC PERFORMANCE
9
Sales
$922
$997
2019 PF 2020
+8%
Adjusted
Operating
Income
Adjusted
EPS
$58
$80
2019 PF 2020
+38%
+73%
• Record 4th quarter sales, adjusted
operating income and adjusted EPS
performance
• All segments delivered year-over-year
sales and operating income growth, led
by consumer and healthcare end markets
• Clariant Masterbatch integration synergy
capture ahead of schedule: $5 million
realized in 2020
($ in millions except EPS)
(1)
(1)
(1)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Q4 2020 SEGMENT PERFORMANCE
10
Sales Operating Income
$100 $100 $100
$922
$100 $100 $100
$997
Distribution CAI SEM Total
2019 2020
$178
$272
$490
$191
$305
$526
SEM Distribution CAI
2019PF 2020
+8%
+7%
+7%
+12%
$5 $5 $5
$58
$5 $5 $5
$80
Avient CAI SEM Total
2019 PF 2020
$17 $19
$40
$18
$30
$58
Distribution SEM CAI
2019PF 2020
+38%
+45%
+58%
+6%
(3) (3)
($ in millions)
(1) (2)
(1) Total company sales include intercompany sales eliminations
(2) Total company reflects adjusted operating income and includes corporate costs
(3) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
2020 HIGHLIGHTS
11
• Completed transformational Clariant Masterbatch acquisition and created new
brand name Avient
• Increased pro forma adjusted EPS 11% from $1.74 to $1.93 as an essential supplier
during the pandemic and due to growth in demand for consumer applications
• Specialty Engineered Materials delivered record operating income on gains from
composites
• Achieved record free cash flow, increased dividend for 10th year in a row and
delevered from 3.5x to 2.7x net debt to pro forma adjusted EBITDA
• Culture is everything: Certified as a Great Place to Work®
$133
$150
2019PF 2020PF
10%
23%8%
21%
4%
15%
2006 2020PF
Healthcare
Consumer
Packaging
Avient Portfolio Transformation
22%
59%
CLARIANT MASTERBATCH:
TRANSFORMATIONAL ACQUISITION
12
Clariant MB EBITDA Growth
Purchase Price Multiple
10.8
9.6
6.5
2019PF 2020PF 2020PF w/ Full
Synergies
x
x
x
• Acquisition of Clariant Masterbatch
significantly expands presence in
healthcare, packaging and consumer end
markets
• Strength of portfolio – 13% EBITDA growth
as an essential supplier in COVID response
and recovery
• Acquisition completed on July 1, 2020 for
$1.4 billion.
Our free cash flow supports
shareholder value creation through
investing in R&D for organic growth,
completing bolt-on acquisitions, and
returning cash to shareholders via our
dividend program and opportunistic
share repurchases.
26 1.
https://www.avient.com/sites/default/files/resources/PolyOne%25202015%2520Annual%2520Report.pdf
Consequently, you should not consider any such list to be a complete
set of all potential risks or uncertainties.
We completed our testing of impairment as of October 1, noting no impairment in 2015,
2014 or 2013.
These actions are complete as of December 31, 2015.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Luxembourg.pdf
Buyer shall accept, as full and
complete performance by Seller, deliveries in accordance with
such determinations as Seller may make.
These Terms, together with (i) the product
description, quantity, price, and payment terms stated on Seller’s
order confirmation, (ii) any credit agreement, and (iii) the
Specifications, if any, constitute the complete and final agreement
and understanding between Seller and Buyer relating to the
Product and supersede all prior oral or written communications,
agreements, understandings, representations, statements, and
assurances between the parties.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Finland.pdf
Buyer shall accept, as full and complete
performance by Seller, deliveries in accordance with such
determinations as Seller may make.
These Terms, together with (i) the product description,
quantity, price, and payment terms stated on Seller’s order
confirmation, (ii) any credit agreement, and (iii) the Specifications,
if any, constitute the complete and final agreement and
understanding between Seller and Buyer relating to the Product and
supersede all prior oral or written communications, agreements,
understandings, representations, statements, and assurances between
the parties.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Hungary.pdf
Buyer shall accept, as full and complete
performance by Seller, deliveries in accordance with such
determinations as Seller may make.
These Terms, together with (i) the product description,
quantity, price, and payment terms stated on Seller’s order
confirmation, (ii) any credit agreement, and (iii) the Specifications,
if any, constitute the complete and final agreement and
understanding between Seller and Buyer relating to the Product and
supersede all prior oral or written communications, agreements,
understandings, representations, statements, and assurances between
the parties.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for the United Kingdom.pdf
Buyer shall accept, as full and complete
performance by Seller, deliveries in accordance with such
determinations as Seller may make.
These Terms, together with (i) the product description,
quantity, price, and payment terms stated on Seller’s order
confirmation, (ii) any credit agreement, and (iii) the Specifications,
if any, constitute the complete and final agreement and
understanding between Seller and Buyer relating to the Product and
supersede all prior oral or written communications, agreements,
understandings, representations, statements, and assurances between
the parties.