https://www.avient.com/sites/default/files/2021-01/case-study-one-pager-gravi-tech-luxury-closures-english-and-spanish_0.pdf
LEADING PRODUCER OF
CLOSURES FOR SPIRITS
L U X U R Y C L O S U R E S
• Replace metal while providing metallic look and feel
• Customization of density and color
• Easy processing
• FDA compliance
• Replaced metal with a weighted polymer
solution to maintain high-quality perception
• Minimized the appearance of chips from
everyday wear better than metal by
matching closure interior and metalized
coating colors
• Enabled the customer to introduce their
luxury closures to a new market segment
Gravi-Tech™ Density Modified Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.polyone.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-density-modified
PRODUCTOR LÍDER DE
TAPONES PARA BEBIDAS
ALCOHÓLICAS
T A P O N E S D E L U J O
• Se sustituye el metal al mismo tiempo que se ofrece
aspecto y sensación metálicos
• Personalización de densidad y color
• Procesamiento sencillo
• Cumplimiento con las normas de la FDA
• El metal se sustituye con un compuesto
plástico de densidad modificada para
mantener una percepción de alta calidad
• Se redujo al mínimo la aparición de
desportilladuras por el desgaste cotidiano,
que supera al metal porque permite hacer
coincidir el interior de la tapa con los
colores de revestimiento metalizado
• Permitió al cliente introducir sus tapones
de lujo en un nuevo segmento del mercado
Formulación de densidad modificada Gravi-
Tech™
REQUERIMIENTOS CLAVE
¿POR QUÉ AVIENT?
https://www.avient.com/sites/default/files/2020-08/trilliant-case-study-1.pdf
Although PVC is one option, this
manufacturer needed a colorable, drop-in replacement
for PC/ABS.
From there, the Avient team
identified material options that offered high flame
retardancy and finally, requirements for processing
flexibility and colorability were applied.
The results showed the
Avient material outperformed typical FR PC/ABS and
had an added bonus: a UL yellow card V0 flammability
rating for all colors and some thicknesses.* Avient
also used its custom color matching capabilities to
provide pre-colored material that simplified molding,
while the material’s wide processing window helped
accommodate a variety of molding environments.
* V0 @ 1.5 and 3.0mm
FR PC/ABS failed
0% 20% 40% 60% 80% 100% 120% 140%
Virex TB
Clorox
Broad
Spectrum
CaviCide
SaniCloth
Plus
wipes
FR PC/ABS failed
FR PC/ABS failed
FR PC/ABS failed
FR PC / ABS (1.0% Strain)
FR PC / ABS (1.5% Strain)
Trilliant HC (1.0% strain)
Trilliant HC (1.5% strain)
FR PC/ABS failed
0% 20% 40% 60% 80% 100% 120% 140%
Virex TB
Clorox
Broad
Spectrum
CaviCide
SaniCloth
Plus
wipes
FR PC/ABS failed
FR PC/ABS failed
FR PC/ABS failed
FR PC / ABS (1.0% Strain)
FR PC / ABS (1.5% Strain)
Trilliant HC (1.0% strain)
Trilliant HC (1.5% strain)
TENSILE STRENGTH RETENTION
AFTER 7 DAYS EXPOSURE
Both materials were tested according to ASTM D543 for 7 days.
https://www.avient.com/sites/default/files/2022-02/Avient Design Overview Brochure.pdf
We’ll help you to
CONNECT THE
DOTS between
material, color,
design and
manufacturing.
HOW4D DESIGN PROCESS
USE OUR 4D PROCESS TO ACCELERATE NEW PRODUCT DEVELOPMENT
SPECIALTY
PORTFOLIO
We combine design services with Avient’s
materials portfolio to bring an unbiased,
expert point of view to your design1 Color & Additives
Engineered Materials
Composites
Soft Touch
Distribution
Rely on our technical expertise to validate
that designs are manufacturable and materials
will perform as intended once formed
MANUFACTURING4 FEA/Moldflow/Mechanical Simulation
Design Optimization
Design for Manufacturing
Processing Expertise
Supply Chain Development
Visualize color, material and finish options
using our exclusive tools and expertise3 COLOR, MATERIAL
& FINISH (CMF)
DESIGN
Color & Effects
Texture/Finish
Application Development
Material Specification
2 INDUSTRIAL
DESIGN
From ergonomics and concept sketches to 3D
models and photo rendering, you can count
on our world-class studio to help you innovate
Ethnography
Brand Language Development
Ergonomics & Usability
Concept Sketching
3D Modeling
3D Prototypes
Photo Renderings
WANT TO LEARN MORE?
https://www.avient.com/sites/default/files/2021-07/fl.datasheet-wireharnessyarn.pdf
FL.Datasheet WireHarnessYarn.indd
FIBER OPTICAL CABLES
Key Features
• Available flat, twisted, or cord
• Reduction in overall weight & energy usage
• High temperature resistance
• Protection from thermal degradation
• Various colors available for easy identification
• Abrasion resistant
FIBER-LINE® FIBERS
FOR WIRE HARNESS YARN
• Kevlar® Para-Aramid
• Nomex® Meta-Aramid
• Technora® Para-Aramid
• PET Polyester
FIBER-LINE® PERFORMANCE
ADDING COATINGS
• FIBER-LINE® Colorcoat™:
Color Identification
• FIBER-LINE® Wearcoat™:
Abrasion & High-Temperature Resistance
• FIBER-LINE® Bondcoat™:
Adhesion & Bonding
• FIBER-LINE® Flamecoat™:
Flame retardancy
Overview
• FIBER-LINE® provides a wide range of products utilized for wire
harnesses.
Packages can be supplied on colored, embossed
and/or slit tubes.
They also add important characteristics, such as
SWELLCOAT® water-blocking, water repellence, adhe-
sion, color, and wear and UV-resistance to these and
many other applications.
https://www.avient.com/sites/default/files/2020-07/rpet-solutions-brochure.pdf
Color
consistency;
recycle stream
impact
ColorMatrix™
SmartHeat RHC Tint
or
SmartHeat RHC Tone
Recycle-friendly color or toner
containing SmartHeat RHC,
which helps to reduce carbon
emissions and improve the
quality and performance of
rPET, allowing for higher levels
of rPET to be used.
Provides all benefits of
SmartHeat RHC while also producing
a toning or color effect with
no detrimental impact on the
recycle stream.
Color
degradation;
product
protection
ColorMatrix™ Ultimate™ UV
Light Barrier
APR/EPBP approved
additive to block ultraviolet
light transmission
Protects the product and brand
integrity during storage, transportation
and in the retail environment,
maintaining product quality and
enhancing shelf life.
https://www.avient.com/sites/default/files/2020-09/sem-stain-resistant-phone-cases-application-bulletin.pdf
Until now, silicone has been the only material for white or light-colored phone cases that resists staining
when in contact with blue jeans.
Versaflex™ CE 3320-70 is the first of its kind and only blue jean stain resistant thermoplastic elastomer for
white and light-colored phone cases.
CONSUMER ELECTRONICS SOLUTIONS
BLUE JEAN STAIN RESISTANT
TPES FOR WHITE AND
LIGHT-COLORED PHONE CASES
TPU
100
100
Versaflex™ CE 3320-70 Silicone
HOW BLUE JEAN STAIN RESISTANT TPES MAKE THE DIFFERENCE
FOR WHITE AND LIGHT-COLORED PHONE CASES
Achieve blue jean stain resistance – Versaflex CE
3320-70 is the first thermoplastic elastomer able
to keep white and light-colored phone cases from
staining when in contact with blue jeans.
https://www.avient.com/sites/default/files/2024-12/ISO14001_English_Suzhou ColorMatrix.pdf
�
ENVIRONMENTAL MANAGEMENT,_,
' J� -
�
Certificate No. 00124E30295R4S/3200
We hereby certify that
Color Matrix Plastic Colorants (Suzhou) Co., Ltd
Business Registration Number: 91320505799067336K
Registered/ Operation Address: 13 Plant, No.855, Zhujiang Road, Suzhou New District, Jiangsu Province, China
by reason of its
Environmental Management System
has been awarded this certificate for compliance with the standard
ISO 14001:2015
The Environmental Management System Applies in the following area:
Production and Related Management Activities of Plastic Colorant & Additive (UV Blockers, Anti-Aging,Anti-Oxidation)
Certified since: June 6, 2012 Valid from: January 17, 2024 Valid until: January 7, 2027
the expiry date of last certification cycle: January 7, 2024 the date ofrecertification audit: December 21, 2023 to December 22, 2023
After a surveillance cycle, the certificate is valid only when used together with an Acceptance Notice of Surveillance Audit issued by CQC.
https://www.avient.com/sites/default/files/2021-05/bank-detail.pdf
Microsoft Word - Letter Detail Bank Account.docx
Avient Colorant Malaysia Sdn Bhd
Formerly Known as Clariant Masterbatches (M) Sdn Bhd
Company No: 199701025292 (440790-X)
Shah Alam Office: Butterworth Site:
No. 79 & 80, Hicom Sector B, Lot 1232, MK. 15,
Jalan Teluk Gadung 27/93A, Kawasan Industri Kecil & Sederhana,
40000 Shah Alam, Simpang Ampat,
Selangor Darul Ehsan, Malaysia. 14120 S.P.S.
Tel: (603) 5101 2888 Fax: (603) 5191 8718 Tel: (604) 588 0668 Fax: (604) 588 0590
www.avient.com
Date : 17 May 2021
Dear Valued Customer,
RE : Electronics Payment Info
COMPANY :
Bank Account Name:
Avient Colorants Malaysia Sdn Bhd
Formerly known as CLARIANT MASTERBATCHES (M) SB
Business Registration
No.: 199701025292 (440790X )
Address :
Lot 1232, MK 15, Kawasan Industri Kecil & Sederhana,
Simpang Ampat,
14120 S.P.S.
Yours faithfully,
For and on behalf of,
Avient Colorants Malaysia Sdn Bhd
Formerly known as Clariant Masterbatches (M) Sdn Bhd
This is computer generated document and no signature is require
https://www.avient.com/sites/default/files/2024-12/ISO9001_English_Suzhou ColorMatrix.pdf
CNSUZ3-SUH9-20240123104552
QUALITY MANAGEMENT SYSTEM\,,
CERTIFICATE
Certificate No. 00124Q30506R5S/3200
We hereby certify that
Color Matrix Plastic Colorants (Suzhou) Co., Ltd
Business Registration Number: 91320505799067336K
Registered I Operation Address: 13 Plant, No.855, Zhujiang Road, Suzhou New District, Jiangsu Province, China
by reason of its
Quality Management System
has been awarded this certificate for compliance with the standard
ISO 9001:2015
The Quality Management System Applies in the following area:
Production Activities of Plastic Colorant & Additive (UV Blockers, Anti-Oxidation, Anti-Aging)
Certified since: January 8, 2009 Valid from: January 16, 2024 Valid until: January 4, 2027
the expiry date of last certification cycle: January 4, 2024 the date of recertification audit: December 21, 2023 to December 22, 2023
After a surveillance cycle, the certificate is valid only when used together with an Acceptance Notice of Surveillance Audit issued by CQC.
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales:
Color, Additives and Inks $ 624.4 $ 226.8 $ 1,233.7 $ 483.3
Specialty Engineered Materials 240.6 158.8 457.1 344.1
Distribution 404.4 238.8 767.1 528.3
Corporate and eliminations (34.2) (15.3) (60.4) (35.1)
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6
Gross margin:
Color, Additives and Inks $ 193.4 $ 75.7 $ 390.9 $ 165.1
Specialty Engineered Materials 69.6 42.5 134.3 95.1
Distribution 40.1 27.2 79.4 60.8
Corporate and eliminations (14.4) 4.3 (13.5) 0.2
Gross margin $ 288.7 $ 149.7 $ 591.1 $ 321.2
Selling and administrative expense:
Color, Additives and Inks $ 107.1 $ 43.4 $ 215.8 $ 92.3
Specialty Engineered Materials 32.3 25.5 62.8 55.8
Distribution 16.4 12.6 31.7 26.8
Corporate and eliminations 24.8 30.2 52.3 55.5
Selling and administrative expense $ 180.6 $ 111.7 $ 362.6 $ 230.4
Operating income:
Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 72.8
Specialty Engineered Materials 37.3 17.0 71.5 39.3
Distribution 23.7 14.6 47.7 34.0
Corporate and eliminations (39.2) (25.9) (65.8) (55.3)
Operating income $ 108.1 $ 38.0 $ 228.5 $ 90.8
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 94.4
Specialty Engineered Materials 45.4 24.6 87.4 54.4
Distribution 23.9 14.7 48.1 34.2
Corporate and eliminations (39.0) (23.3) (63.8) (51.4)
Other income, net 1.2 9.5 $ 2.7 $ 11.1
EBITDA $ 143.1 $ 68.4 $ 302.1 $ 142.7
12
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current
profitability levels and how it may serve as a basis for future performance.
Reconciliation of Pro Forma Adjusted Earnings per Share:
Three Months
Ended
June 30, 2020
Six Months
Ended
June 30, 2020
Year Ended
December 31,
2020
Net income from continuing operations attributable to Avient
shareholders $ 23.0 $ 56.1 $ 132.0
Special items, after tax 2.6 11.2 24.8
Adjusted net income from continuing operations excluding special
items 25.6 67.3 156.8
Clariant MB pro forma adjustments to net income from continuing
operations(2) 12.9 20.7 20.7
Pro forma adjusted net income from continuing operations attributable
to Avient shareholders $ 38.5 $ 88.0 $ 177.5
Weighted average diluted shares 91.8 89.4 90.6
Pro forma impact to diluted shares from January 2020 equity
offering(2) — 2.9 1.5
Pro forma weighted average diluted shares 91.8 92.3 92.1
Adjusted EPS - excluding special items pro forma for Clariant MB
acquisition $ 0.42 $ 0.95 $ 1.93
(2) Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects to the financing for the acquisition
14
Three Months Ended
June 30, 2020
Reconciliation of Pro Forma Adjusted
Earnings per Share Avient
Special
Items
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(2)
Pro Forma
Adjusted
Avient
Sales $ 609.1 $ — $ 609.1 $ 261.1 $ 870.2
Operating income $ 38.0 $ 9.0 $ 47.0 $ 22.0 $ 69.0
Interest expense, net (16.2) — (16.2) (5.3) (21.5)
Other income, net 9.5 (6.6) 2.9 — 2.9
Income taxes (7.9) 0.2 (7.7) (3.8) (11.5)
Net income attributable to noncontrolling
interests (0.4) — (0.4) — (0.4)
Net income from continuing operations
attributable to Avient shareholders $ 23.0 $ 2.6 $ 25.6 $ 12.9 $ 38.5
Weighted average diluted shares 91.8
Pro forma adjusted EPS $ 0.42
(2) Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects to the financing for the acquisition
Six Months Ended
June 30, 2020
Reconciliation of Pro Forma Adjusted
Earnings per Share: Avient
Special
Items
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(2)
Pro Forma
Adjusted
Avient
Sales $ 1,320.6 $ — $ 1,320.6 $ 540.5 $ 1,861.1
Operating income $ 90.8 $ 18.7 $ 109.5 $ 45.0 $ 154.5
Interest expense, net (25.6) — (25.6) (18.1) (43.7)
Other income, net 11.1 (6.7) 4.4 — 4.4
Income taxes (19.8) (0.8) (20.6) (6.2) (26.8)
Net income attributable to noncontrolling
interests (0.4) — (0.4) — (0.4)
Net income from continuing operations
attributable to Avient shareholders $ 56.1 $ 11.2 $ 67.3 $ 20.7 $ 88.0
Weighted average diluted shares 89.4
Impact to diluted shares from January 2020 equity offering 2.9
Pro forma weighted average diluted shares 92.3
Pro forma adjusted EPS $ 0.95
(2) Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects to the financing for the acquisition
15
Reconciliation of EBITDA by Segment
Three Months Ended
June 30,
Six Months Ended
June 30
2021 2020 2021 2020
Operating income:
Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 72.8
Specialty Engineered Materials 37.3 17.0 71.5 39.3
Distribution 23.7 14.6 47.7 34.0
Corporate and eliminations (39.2) (25.9) (65.8) (55.3)
Operating income $ 108.1 $ 38.0 $ 228.5 $ 90.8
Items below OI in Corporate:
Other income, net $ 1.2 $ 9.5 $ 2.7 $ 11.1
Depreciation & amortization:
Color, Additives and Inks $ 25.3 $ 10.6 $ 52.6 $ 21.6
Specialty Engineered Materials 8.1 7.6 15.9 15.1
Distribution 0.2 0.1 0.4 0.2
Corporate and eliminations 0.2 2.6 2.0 3.9
Depreciation & Amortization $ 33.8 $ 20.9 $ 70.9 $ 40.8
EBITDA:
Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 94.4
Specialty Engineered Materials 45.4 24.6 87.4 54.4
Distribution 23.9 14.7 48.1 34.2
Corporate and eliminations (39.0) (23.3) (63.8) (51.4)
EBITDA $ 143.1 $ 68.4 $ 302.1 $ 142.7
EBITDA as a % of Sales:
Color, Additives and Inks 17.9 % 18.9 % 18.5 % 19.5 %
Specialty Engineered Materials 18.9 % 15.5 % 19.1 % 15.8 %
Distribution 5.9 % 6.2 % 6.3 % 6.5 %
16
Reconciliation of Pro Forma EBITDA - Color, Additives and Inks
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales:
Color, Additives and Inks $ 624.4 $ 226.8 $ 1,233.7 $ 483.3
Clariant MB pro forma adjustments(2) — 261.1 — 540.5
Pro forma sales $ 624.4 $ 487.9 $ 1,233.7 $ 1,023.8
Operating income:
Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 72.8
Clariant MB pro forma adjustments(2) — 22.0 — 45.0
Pro forma operating income $ 86.3 $ 54.3 $ 175.1 $ 117.8
Depreciation & amortization:
Color, Additives and Inks $ 25.3 $ 10.6 $ 52.6 $ 21.6
Clariant MB pro forma adjustments(2) — 15.0 — 30.1
Pro forma depreciation & amortization $ 25.3 $ 25.6 $ 52.6 $ 51.7
Earnings Before Interest, Taxes, Depreciation and Amortization
(EBITDA):
Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 94.4
Clariant MB pro forma adjustments(2) — 37.0 — 75.1
Pro forma EBITDA $ 111.6 $ 79.9 $ 227.7 $ 169.5
Pro forma EBITDA as a % of Sales 17.9 % 16.4 % 18.5 % 16.6 %
(2) Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects to the financing for the acquisition
Three Months Ended
June 30,
Six Months Ended
June 30,
Reconciliation to Pro Forma Adjusted EBITDA: 2021 2020 2021 2020
Net income from continuing operations – GAAP $ 69.4 $ 23.4 $ 149.1 $ 56.5
Income tax expense 20.4 7.9 43.3 19.8
Interest expense 19.5 16.2 38.8 25.6
Depreciation and amortization from continuing operations 33.8 20.9 70.9 40.8
EBITDA $ 143.1 $ 68.4 $ 302.1 $ 142.7
Special items, before tax 14.2 2.4 16.6 12.0
Interest expense included in special items — (0.5) — (0.5)
Depreciation and amortization included in special items 1.4 (1.2) 0.8 (1.2)
Adjusted EBITDA $ 158.7 $ 69.1 $ 319.5 $ 153.0
Clariant MB pro forma adjustments(2) — 37.0 — 75.1
Pro forma adjusted EBITDA $ 158.7 $ 106.1 $ 319.5 $ 228.1