https://www.avient.com/sites/default/files/2020-08/detectable-blacks-product-bulletin.pdf
Detection and sorting of black products in material
recovery facilities is a known issue which affects
the packaging and recycling industries.
Automatic
sorting equipment relies on the reflectance of NIR
wavelengths to identify polymers and properly
sort packaging waste by plastic material.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2021-09/versaflex-low-adhesion-build-up-solution-product-bulletin.pdf
It can
also be recycled as thermoplastic material.
KEY CHARACTERISTICS
• High initial adhesion on steel, PMMA, and various
other substrates
• Stable and low adhesion build-up over time to
prevent residue
• Low unwinding force for improved efficiency
when pasting film
• Good gel control
• One-step extrusion processing to improve
manufacturing efficiency
• Reduced VOC emissions compared to current
solvent-based coating technology
• Can be recycled as a thermoplastic material
APPLICATIONS
The low adhesion build-up performance of Versaflex
CF 6668 TPE makes it ideal for use in protective films
for high-end applications including:
• Appliance
• Household furniture
• Building & construction
• Automotive
PRODUCT BULLETIN
www.avient.com
Copyright © 2021, Avient Corporation.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2022-05/ColorMatrix Amosorb Solo Technical Bulletin.pdf
Scenarios for 2030 predict that of the 1300kt of
PET material coming from PET bottles collected
from the market yearly, between 20 to 30% will be
colored bottles;2 these will enter their respective
sorting and collection systems to ultimately
produce rPET material that will be fed as new raw
material for non-food PET applications.
Processing conditions can cause material properties to shift from the values stated in the information.
Bottle A is the original bottle with 100% virgin material
and a combination of Amosorb SolO2-2 at 4% with
Fortis Amber-1 at 0.09% LDR.
https://www.avient.com/sites/default/files/2024-10/Avient Announces Third Quarter 2024 Results.pdf
The US and Canada region grew organic revenue by 9%, led by continued demand
for our composite materials for the building and construction market.
About Avient
Avient Corporation (NYSE: AVNT) provides specialized and sustainable materials solutions that
transform customer challenges into opportunities, bringing new products to life for a better
world.
They are based on
management's expectations that involve a number of business risks and uncertainties, any of
which could cause actual results to differ materially from those expressed in or implied by the
forward-looking statements.
https://www.avient.com/sites/default/files/2024-02/AVNT Q4 2023 Earnings Presentation_For Website_with Non-GAAP.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements.
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.
PY
$790
$719
$107
$114
Sales Adjusted EBITDA
$0.42
$0.52
Adjusted EPS
- 9% + 7% + 24%
Sales Adjusted EBITDA Adjusted EPS
13
Q4 2023 SEGMENT PERFORMANCE
14
CAI
$491
$459
Sales
$70
$84
SEM
$301
$260
Sales
$55
$49
- 7% - 14%+20% - 11%
Q4 EBITDA BRIDGE
15
$ millions
CAI:
Price / Mix 11
Deflation 14
SEM:
Price / Mix 4
Deflation 9
Net Price Benefit 38
Cost Reductions 13
Wage Inflation (8)
Other (2)
Q4 2023 $114
Adjusted
Q4 2022 $ 107
Demand (34) • Demand was down, but less than in previous
quarters, due to slowing pace of destocking
• Positive net price benefit:
o CAI – Pricing flat with favorable mix from
uptick in packaging and consumer end
markets and raw material deflation
o SEM - Pricing flat with favorable mix from
Composites and raw material deflation
• Cost reductions primarily driven by reduced
administrative costs and cost synergies
2 0 2 4 G U I DA N C E
2024 GUIDANCE
Full Year 2024 Guidance
Adjusted EBITDA $505 to $535 million
Adjusted EPS $2.40 to $2.65
Interest Expense $105 to $110 million
Adjusted Effective Tax Rate 23% to 25%
Capital Expenditures ~$140 million
17
Q1 Adjusted EPS of $0.68
A P P E N D I X
20
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
36%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
22
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 BILLION
34%
37%
21%
END MARKET REGION
23
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 BILLION
52%
35%
24
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
25
BY END MARKET
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/2024-09/Garage Door Composite Panel Application Bulletin.pdf
Whether you are
choosing an alternative material like our Polystrand
composite sandwich panels or continuous fiber
laminates to strengthen the impact resistance of
your current systems, Avient can custom formulate
a solution to meet your performance needs.
Processing conditions can cause material properties to shift from the values stated in the information.
POLYSTRAND™ THERMOPLASTIC PANELS
MATERIALS AND CHARACTERISTICS
Facesheet Resins Polypropylene (PP)
PETG
Facesheet
Reinforcement Glass Fiber
Core Materials PET Foam
PP Honeycomb
Characteristics
Lightweight
Excellent Impact Resistance
Formable
Value Engineered Facesheets
Recyclable
2-layer
Composite Laminate
Unidirectional Composite
Tape
3-layer
Composite Laminate
0°/90°/0°
4-layer
Composite Laminate
0°/90°/90°/0°
POLYSTRAND™ CONTINUOUS FIBER LAMINATES
Configuration
Wood & Polystrand X-ply
Aluminum & Polystrand X-ply
Common Material Reinforcements
POLYSTRAND™ COMPOSITE SANDWICH PANELS
Configuration
Fiber Reinforced Facesheet
Fiber Reinforced Facesheet
Core Material
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which
could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Simply put…
We solve customers’ most pressing material science challenges.
APPENDIX
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
3%Polyethylene
Nylon
6%
Polypropylene
Other Raw
Materials
30%
Styrenic Block
Copolymer
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
31
• Significant raw material price inflation
and tight inventory continued in Q4 2021
o For the full year, the average cost of
hydrocarbon based materials was up
50% in 2021
o For the full year, the average cost of non-
hydrocarbon based materials was up
12% in 2021
• Additionally, we continued to experience
other supply chain challenges during Q4
related to raw material spot purchases,
freight constraints and productivity loss
as a result of these shortages
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Distribution business
SEGMENT DATA
U.S. & Canada
50%
Latin America
9%
2021 SEGMENT, END MARKET AND GEOGRAPHY
33
GEOGRAPHY REVENUESEGMENT FINANCIALS
23%
19%
Building and
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs
$2,402M
$409M
$919M
$164M
$1,631M
$94M
Sales EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$581M$4,819M
15%
34%
21%
Building &
9%
1% Telecommunications
C O L O R , A D D I T I V E S & I N K S
2021 REVENUE | $2 .4 BILL ION
32%
40%
21%
Latin America
END MARKET REGION
34
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
27%
Building &
2021 REVENUE | $919 MILLION
END MARKET
55%
20%
REGION
35
DI S TR IBU T I ON
26%
23%
20%
Building and
80%
3%
Latin
America
END MARKET REGION
K E Y S U P P L I ER S
2021 REVENUE | $1 .6 B ILL ION
36
TOTA L C O M PA N Y R E G I O N A L S A L E S
BY END MARKET
30%
26%Healthcare
14%
Building &
2% Energy
(16% of sales)
32%
Building &
(25% of sales)
37
19%
Building &
US &
Canada
(50% of sales)
38%
33%
Building &
LATAM
(9% of sales)
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/2022-08/Pipe wrap translation - Application Snapshot.pdf
REINFORCED
THERMOPLASTIC PIPE
F O R O I L + G A S
• Reinforcement for HDPE pipe to meet the performance of
traditional steel pipe for oil and gas applications
• Temperature performance up to 65˚C with operating
pressure up to 1500 psi
• Spoolable, lightweight material to simplify transport and
installation
• Provided material compatibility with HDPE
and added reinforcement to meet burst
strength requirements
• Customized tape thickness to meet specific
processing needs
• Ensured supply chain reliability with fast
delivery and quality control in North America
• Flexible, reinforced plastic solution enabled
spoolable pipe and reduced weight
Polystrand™ Continuous Glass Fiber
Reinforced Polyethylene Tape
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-04/Maxxam REC - Outdoor Socket - Case Study Snapshot.pdf
HAGER GROUP
O U T D O O R E L E C T R I C A L
S O C K E T
• A more sustainable, recycled formulation
• Similar performance to current virgin polyolefin including:
• Good UV, scratch, and impact resistance
• Reliable coloration to RAL 7011 and RAL 7035
• A matte finish
• Expedited the approval of Plastic Bank as a new supplier
• Formulated custom materials with recycled ocean-bound
plastic (Social Plastic®) from Plastic Bank
• Provided functional replacements for the previous virgin
polyolefins with comparable performance
• Enabled Hager to launch new cubyko leaf outdoor
sockets and switches to market containing 27% recycled
materials
Maxxam REC Recycled Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-10/versaflex-top-cover-of-air-cushion-powder-case-study-one-pager.pdf
Cosmetic brands
COSMETIC BRANDS
C O V E R O F A I R C U S H I O N
P O W D E R C O M P A C T
• Low coefficient of friction (COF) to balance the opening
pressure and sealing performance
• General FDA compliance
• Good chemical resistance and barrier protection to water
and oxygen
• Overmold to PP with good compression set
• Delivered chemically resistant material with
excellent sealing properties and good
resilience to achieve requested
performance
• Provided onsite technical support to
improved injection speed and achieve good
bonding performance
• Offered a material solution that could be
leveraged across the customer’s global
cosmetic brands
Custom Versaflex™ TPE
KEY REQUIREMENTS
WHY AVIENT?