https://www.avient.com/sites/default/files/2020-08/willowwood-prosthetics-case-study.pdf
THE SOLUTION Leveraging decades of experience creating customized composite materials for archery bow limbs and other high-performance applications, the engineers at Avient worked closely with WillowWood’s special products team to identify a solution.
And, the fiberglass solution did not yield the “push-off” that would prevent the foot from meeting K2 level coding requirements.
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense associated with intangible assets. 2 3 AVIENT OVERVIEW OUR VISION: Creating specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world 2023 Financial GuidanceCompany Overview Revenue By: 9,700 Employees 104 Manufacturing Sites 20,000+ Customers Key Highlights Premier formulator of specialized and sustainable material solutions Asset-light business model, with flexibility to adapt to customer needs Best-in-class technology and service (140+ PhDs / 2,500+ patents) History of transformation through successful M&A while consistently returning cash to shareholders Poised for continued future growth in excess of GDP $3.13B Revenue $2.30 Adjusted EPS $500M Adjusted EBITDA 16.0% Adjusted EBITDA Margins $180M Free Cash Flow Over $1B in share buybacks since 2011 Raised dividend for 13 consecutive years, a 15% CAGR since 2011 U.S. & Canada EMEA Asia Latin America 64% 36% Specialty Engineered Materials Color Additives and Inks 40% 37% 18% 5% 6% 8% 24% 20% 10% 15% 9% 4% 4% Defense Healthcare Packaging Consumer Building & Construction Industrial Transportation Energy Telecom Geography Segment Industry 4 CREATING A WORLD-CLASS SUSTAINABLE ORGANIZATION 1. 6% annualized long term sales growth leveraging sustainable solutions, composites, healthcare and emerging regions 2.
We create specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world.
Our customers value the breadth of our solutions as we can tap into a broad array of raw materials to solve their specific needs.
https://www.avient.com/sites/default/files/resources/PDI_Case_Study_-_Medical_Device_0.pdf
PDICaseStudy.indd 8.5 in 11.6875 in 8 .75 in 11.9375 in 8 .25 in 11 in PDI Solution Boosts Long-Term Medical Device Performance Spinal disc replacement manufacturer relies on quality analysis and manufacturing solutions from Polymer Diagnostics to help its breakthrough product reach far beyond durability requirements.
The R&D, brainstorming and solutions provided by the group are outstanding.
Value-added services provided to AxioMed Spine Corp. by PDI include: • Performance optimization • Manufacturing improvements • Shortened time-to-market timeline • A clearer path for FDA submission The scientists at PDI offer exclusive value-added services and solutions.
https://www.avient.com/sites/default/files/2021-04/bergamid-seat-fastener-case-study.pdf
We saw an untapped market opportunity for improved seat fastening solutions and recognized that continuing to use bent steel plate would hold us back,” said Hagen Spiess, Senior Design Engineer at HellermannTyton.
THE SOLUTION Avient recommended Bergamid™ B70 G30H black TM-X PA 6 resin with 30 percent glass fiber reinforcement for its excellent mechanical properties and cost benefits.
The new seat securement part has already been adopted by one OEM customer, and we are confident that other manufacturers will come to us for this lightweight, cost-efficient solution.”
https://www.avient.com/sites/default/files/2024-01/ColorMatrix AAnchor Brochure_A4.pdf
With its unique formulation, ColorMatrix AAnchor offers improved recyclability, reduced regulatory risk, and enhanced bottle quality, making it an ideal solution for brands looking to incorporate higher levels of recycled material into their packaging.
With new EU regulations regarding primary aromatic amines (PAAs), ColorMatrix AAnchor offers reduced regulatory risk as it will not form PAAs, unlike other ATA-based solutions.
CHOOSE COLORMATRIX AANCHOR FOR SUSTAINABLE AND HIGH-QUALITY PET PACKAGING ColorMatrix AAnchor is an innovative solution for the polymer industry, offering a comprehensive solution to enhance the recyclability, quality, and regulatory compliance of PET packaging.
https://www.avient.com/sites/default/files/2024-11/Dispersions Healthcare Leave-Behind.pdf
Solutions include radiopacity, acid acceptors, viscosity modifiers, mold releases, and more.
As your customers turn to you for high-performing, cost-effective healthcare products, you can turn to us for material solutions that keep you innovating ahead of the competition.
Scan this code or click here to learn more about our healthcare solutions.
https://www.avient.com/sites/default/files/2021-08/avient-cdp-climate-change-questionnaire-2021.pdf
As one of the world’s leading specialty polymer materials, services and solution companies, Avient contributes to value creation with innovative and sustainable solutions for customers from many industries.
We actively design our solutions to our customers' sustainability needs, including lightweighting, improved recycle solutions and eco-conscious benefits.
In 2020, we delivered $790 million in sustainable solutions sales.
https://www.avient.com/sites/default/files/2020-10/antimicrobial-dental-case-study.pdf
WINNING SMILES WITH AN OPTIMUM SOLUTION CASE STUDY: WITHSTAND™ ANTIMICROBIAL ADDITIVES Challe nge Accepted.
THE SOLUTION Seeking a way to address these challenges, the manufacturer consulted Avient.
WithStand Antimicrobial Additives provide a proven, effective, durable, uncompromised solution to limit microbe development in finished plastic devices.
https://www.avient.com/sites/default/files/2020-11/excelite-im-auto-case-study.pdf
THE SOLUTION The Avient technical team leveraged expertise in liquid formulations with the science of dispersion to develop Excelite™ IM, a CFA solution that targeted automotive injection molding applications and would help address the issues of this tier-1 molder.
Excelite IM Chemical Foaming Additives: • The only patented liquid CFA in North America and Europe • Supported with customized dosing equipment and technical assistance • Typically contains 70% active CFA content, dispersed in proprietary liquid vehicles LIQUID CFAs PROVIDE A TOP TIER-1 MOLDER WITH A CONSISTENT SOLUTION © 2020, All Rights Reserved Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012 Interested in learning about how Avient can help your business?
https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Day%2520Presentation%2520NonGAAP%2520Reconciliation%2520-%2520May%252016%252C%25202012.pdf
Platform operating income mix percentage 2005Y 2008Y 2011Y Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 45.9 Global Color, Additives and Inks 4.3 28.1 43.4 Specialty Platform $ 4.7 $ 45.7 $ 89.3 Performance Products and Solutions 75.7 31.3 62.4 Distribution 19.5 28.1 56.0 SunBelt Joint Venture 91.9 28.6 5.0 Corporate (51.5) (425.1) 20.3 Operating income (loss) GAAP $ 140.3 $ (291.4) $ 233.0 Less: Corporate operating expense (income) 51.5 425.1 (20.3) Operating income excluding Corporate $ 191.8 $ 133.7 $ 212.7 Specialty platform operating mix percentage 2% 34% 42% Pro forma platform operating income mix percentage 2007 Pro forma 2011Y Specialty Platform $ 30.6 $ 89.3 Pro forma ColorMatrix - 27.7 Specialty Platform pro forma ColorMatrix $ 30.6 $ 117.0 Performance Products and Solutions 65.8 62.4 Distribution 22.1 56.0 SunBelt Joint Venture 34.8 5.0 Corporate (73.3) 20.3 Operating income pro forma ColorMatrix $ 80.0 $ 260.7 Less: Corporate and SunBelt operating income 73.3 (25.3) Operating income excluding Corporate operating income $ 153.3 $ 235.4 Specialty platform operating mix percentage 20% 50% Adjusted EPS 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y Net Income $ 130.9 $ 40.9 $ (417.0) $ 106.7 $ 162.6 $ 172.6 SunBelt and OxyVinyls equity earnings, after tax (68.5) (26.1) (20.8) (19.0) (14.7) (3.7) Special items, after tax (21.2) 41.4 310.0 (31.0) 15.8 (30.5) Tax adjustments (30.0) (30.7) 147.2 (44.9) (88.3) (42.3) Adjusted net income $ 11.2 $ 25.5 $ 19.4 $ 11.8 $ 75.4 $ 96.1 Diluted shares 92.8 93.1 92.7 93.4 96.0 94.3 Adjusted EPS $ 0.12 $ 0.27 $ 0.21 $ 0.13 $ 0.79 $ 1.02 Adjusted EPS Q1 2011 Q1 2012 Net Income $ 110.2 $ 20.2 SunBelt equity earnings, after tax (3.7) - Special items, after tax (79.8) 6.1 Tax adjustments (1.5) 0.1 Adjusted net income $ 25.2 $ 26.4 Diluted shares 96.4 90.7 Adjusted EPS $ 0.26 $ 0.29 Platform sales and operating income (OI) 2005 2006 2007 2008 2009 2010 2011 Global Specialty Engineered Materials Sales $ 282.5 $ 345.3 $ 384.4 $ 514.0 $ 402.9 $ 517.4 $ 575.1 Global Color, Additives and Inks Sales 503.7 531.8 560.5 554.3 459.8 527.4 544.6 Specialty Platform Sales $ 786.2 $ 877.1 $ 944.9 $ 1,068.3 $ 862.7 $ 1,044.8 $ 1,119.7 Performance Products and Solutions Sales 1,136.3 1,166.2 1,086.8 1,001.4 667.7 776.3 865.4 PolyOne Distribution Sales 679.2 732.8 744.3 796.7 625.1 911.9 996.5 Corporate and Eliminations (151.1) (153.7) (133.3) (127.7) (94.8) (111.1) (118.1) Total Sales $ 2,450.6 $ 2,622.4 $ 2,642.7 $ 2,738.7 $ 2,060.7 $ 2,621.9 $ 2,863.5 Pro forma ColorMatrix Sales 196.0 Total sales pro forma ColorMatrix $ 3,059.5 Global Specialty Engineered Materials OI $ 0.4 $ 3.9 $ 4.9 $ 17.6 $ 20.6 $ 49.7 $ 45.9 Global Color, Additives and Inks OI 4.3 8.9 25.7 28.1 25.2 37.7 43.4 Specialty Platform OI $ 4.7 $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 89.3 Performance Products and Solutions OI 75.7 64.2 65.8 31.3 33.1 54.0 62.4 PolyOne Distribution OI 19.5 19.2 22.1 28.1 24.8 42.0 56.0 Sunbelt Joint Venture OI 91.9 102.9 34.8 28.6 25.5 18.9 5.0 Corporate and eliminations (21.8) (4.6) (25.5) (28.9) (40.8) (32.5) (26.4) Special items (29.7) 39.1 (47.8) (396.2) 48.7 4.8 46.7 Operating income (loss) GAAP $ 140.3 $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 233.0 Sunbelt equity income (72.5) (107.0) (40.8) (32.5) (29.7) (23.1) (5.7) Special items 29.7 (39.1) 47.8 396.2 (48.7) (4.8) (46.7) Operating income adjusted $ 97.5 $ 87.5 $ 87.0 $ 72.3 $ 58.7 $ 146.7 $ 180.6 Operating income pro forma ColorMatrix 27.7 Operating income adjusted pro forma ColorMatrix $ 208.3 Global Specialty Engineered Materials - OI as a percentage of sales 0.1% 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% Global Color, Additives and Inks - OI as a percentage of sales 0.9% 1.7% 4.6% 5.1% 5.5% 7.1% 8.0% Specialty platform OI as a percentage of sales 0.6% 1.5% 3.2% 4.3% 5.3% 8.4% 8.0% Specialty platform OI as a percentage of sales - pro forma ColorMatrix 8.9% Global Color, Additives and Inks OI as a percentage of sales – pro forma ColorMatrix 9.6% PP&S operating OI as a percentage of sales 6.7% 5.5% 6.1% 3.1% 5.0% 7.0% 7.2% Distribution OI as a percentage of sales 2.9% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% PolyOne OI adjusted, as a percentage of sales 4.0% 3.3% 3.3% 2.6% 2.8% 5.6% 6.3% PolyOne OI adjusted, pro forma for ColorMatrix, as a percent of sales 6.8% Operating income (OI) Q1 2011 Q1 2012 Global Specialty Engineered Materials OI $ 14.0 $ 11.8 Global Color, Additives and Inks OI 11.2 17.3 Specialty Platform OI $ 25.2 $ 29.1 Performance Products and Solutions OI 14.3 17.8 PolyOne Distribution OI 14.7 16.7 Corporate and eliminations (1.6) (10.2) Special items 127.2 (8.5) Operating income (loss) GAAP $ 179.8 $ 44.9 Research and Development (R&D) – Pro forma ColorMatrix 2011 PolyOne R&D $ 36.9 ColorMatrix R&D 3.6 Pro forma R&D $ 40.5 Gross Margin as a percentage of Sales 2006 2011 2011 Pro forma ColorMatrix Specialty platform sales $ 877.1 $ 1,119.7 $ 1,315.7 Specialty platform gross margin 125.2 263.4 345.9 Specialty platform gross margin percentage 14.3 % 23.5 % 26.3 % Average Debt Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Average PolyOne Debt $ 452.9 $ 432.9 $ 432.9 $ 432.9 $ 707.0 n/a Pro forma ColorMatrix 274.1 274.1 274.1 274.1 - n/a Total Debt $ 727.0 $ 707.0 $ 707.0 $ 707.0 $ 707.0 $ 711.0 Average Equity Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Average PolyOne $ 516.0 $ 615.2 $ 629.6 $ 608.5 $ 588.3 $ 591.5