https://www.avient.com/sites/default/files/2023-06/Cesa LM Additives Product Bulletin.pdf
A laser mark can last the lifetime of a part—it should be resistant to
solvents, oils and scratching, and be easy to read.
Cesa Laser Marking
solutions not only contain a laser marking additive but also deliver a
part’s color and can include other performance enhancing additives
such as those for scratch or UV resistance.
https://www.avient.com/sites/default/files/2020-12/resound-om-technical-bulletin_0.pdf
Available in four overmolding grades compatible
with polypropylene (PP), and one grade that is
suited for overmolding onto ABS, all grades are
formulated for durability, delivering property
retention and UV resistance comparable to
traditional TPEs.
TECHNICAL BULLETIN
UV RESISTANCE
• UV testing: QUV-A Test, 0.68 @ 45C • Comparable results to traditional TPEs
reSound OM 5510-45N reSound OM 5510-60N
Bio-derived Content (%) 40% 50%
Hardness, Shore A 45 60
Delta E after 150 hrs. 0.22 0.23
Delta E after 300 hrs. 1.68 0.56
AGING – BONDING STRENGTH ONTO ABS
reSound OM 5520-55N Room Temperature 70C
1 day 1 week 2 weeks 6 months 1 week 2 weeks 3 weeks
Bio-derived Content (%) 49% 49% 49% 49% 49% 49% 49%
Hardness, Shore A 54 54 55 54 55 56
OM Substrate ABS ABS ABS ABS ABS ABS ABS
OM Avg.
https://www.avient.com/sites/default/files/2024-11/Stan-Tone HC Plus Product Bulletin_0.pdf
Stan-Tone HC Plus can be engineered for indoor/
outdoor lightfastness, chemical resistance,
and heat stability, meeting industry regulatory
standards.
KEY CHARACTERISTICS
• Meets USP Class VI standards
• Biocompatible
• Provides lightfastness, chemical resistance,
and heat stability
• Available in standard single pigment or custom
multi-pigment colors
• LSR and HCR options available
TARGET APPLICATIONS
Stan-Tone HC Plus silicone dispersions are suitable
for a variety of healthcare applications including:
• Catheters and medical tubing
• Medical and surgical equipment
• Labware and diagnostic devices
• Specialty medical devices and wearables
Product
Code
Pigment Type
% Pigment
(approx.)
https://www.avient.com/sites/default/files/2024-11/Stan-Tone HC Plus Product Bulletin.pdf
Stan-Tone HC Plus can be engineered for indoor/
outdoor lightfastness, chemical resistance,
and heat stability, meeting industry regulatory
standards.
KEY CHARACTERISTICS
• Meets USP Class VI standards
• Biocompatible
• Provides lightfastness, chemical resistance,
and heat stability
• Available in standard single pigment or custom
multi-pigment colors
• LSR and HCR options available
TARGET APPLICATIONS
Stan-Tone HC Plus silicone dispersions are suitable
for a variety of healthcare applications including:
• Catheters and medical tubing
• Medical and surgical equipment
• Labware and diagnostic devices
• Specialty medical devices and wearables
Product
Code
Pigment Type
% Pigment
(approx.)
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.pdf
Post-consumer recycled content as percentage of total plastic packaging volume, by weight
E NA B L I N G T H E U S E O F R E C YC L E D C O N T EN T
T O P 5 G A P S T H A T W E A R E A D D R E S S I N G
2) DECONTAMINATION1) COLOR MANAGEMENT 3) MAINTAINING MECHANICAL
PROPERTIES
4) MONO-MATERIAL
CONSTRUCTION
5) CONSISTENT RECYCLED
MATERIAL QUALITY
9
G U I D I N G B R A N D S T O W H A T I S P O S S I B L E
C A S E S T U DY W I T H B R A N D OW N E R
Recycled ResinVirgin Resin
10
S U S TA I NA B I L I T Y F O R A B ET T E R TO M O R ROW
11
• Revenue from sustainable solutions expected
to grow 18% in 2021 as our innovation efforts
and collaboration with customers continues to
accelerate
• Investments centered around innovation and
global sustainability megatrends
o Enabling a circular economy –
Technologies that allow for increased use of
post-consumer recycled (PCR) material and
improve recyclability of plastics
o Light-weighting – Composites and CAI
applications to reduce weight and material
requirements, which minimize energy and
carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative
materials to replace lead, PVC, halogens,
BPA and other less eco-friendly options
1111
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
2016 2017 2018 2019 2020PF** 2021E
$405M
$455M
$340M
$550M
$790M
Revenue From Sustainable Solutions* 2016-2021
$930M
Q3 2020 $925 $74
Sustainable Solutions 35 19% 14
Healthcare 51 44% 10
Composites 13 39% 6
Growth in Asia / LATAM 14 11% 3
Other 177 39% 16
Sub-total $1,215 31% $123
Supply Chain Disruption Costs (19)
COVID Response Applications (5) (3)
FX Impact 10 2
Synergies 12
Incentives, Travel, Other Employee Costs (16)
Q3 2021 $1,220 32% $99
Q3 2021 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
12
Sales Growth Rate
Adjusted
Operating
Income$ millions
13
Q3 2020 Q3 2021
(1) Financial information is presented on a constant currency basis
(1)
(44% of total revenue)
(56% of total revenue)
Q3 END MARKET SALES PERFORMANCE
+20%
+31%
+40%
+24%
+46%
+40%
+14%
+33%
Energy Telecom Building &
Construction
Transportation Industrial Healthcare Packaging Consumer
Q3 YEAR-OVER-YEAR EBITDA BRIDGE
14
• Demand driven by growth
in sustainable solutions,
healthcare and consumer
applications
• Price increases more than
offsets raw material and
supply chain impacts
• Synergy capture on pace
to achieve $50M in annual
savings in 2021
Q3 2020 $ 111
Demand 29
Adjusted
EBITDA$ millions
CAI:
Price / Mix 51
Inflation (37)
SEM:
Price / Mix 25
Inflation (22)
Distribution:
Price / Mix 108
Inflation (103)
Net Price Benefit 22
Supply Chain Disruption Costs (19)
COVID Response Applications (3)
Synergies 12
Incentives, FX, Other (16)
Q3 2021 $ 136
15
• Price increases have more than
covered raw material and freight
inflation impacts of $300M year-
to-date compared to 2020
• Demand impact driven by
Q3 seasonality for the business
Q2 TO Q3 SEQUENTIAL EBITDA BRIDGE
Q2 2021 $ 159
CAI:
Price / Mix 17
Inflation (8)
SEM:
Price / Mix 6
Inflation (5)
Distribution:
Price / Mix 35
Inflation (35)
Net Price Benefit 10
Supply Chain Disruption Costs (4)
Demand / Seasonality (35)
Other 6
Q3 2021 $ 136
Adjusted
EBITDA$ millions
F U L L Y E A R 2 0 2 1
O U T L O O K
$308
$430
2020PF 2021E
$1.93
$3.00
2020PF 2021E
FULL YEAR GROWTH PROJECTIONS
( T O TA L C O M PA N Y )
17
Sales Adjusted Operating Income
$3,783
$4,750
2020PF 2021E
+ 26%
Adjusted EPS
+ 40% + 55%
(in millions) (in millions)
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)(1)(1)
$1.74
$1.93
$3.00
2019PF 2020PF 2021E
$442
$457
$580
2019PF 2020PF 2021E
FULL YEAR 2019 – 2021 GROWTH
( T O TA L C O M PA N Y )
18
Sales Adjusted EBITDA
$3,981
$3,783
$4,750
2019PF 2020PF 2021E
+ 19%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1) (1)
(in millions) (in millions)
(1)(1)
+ 31% + 72%
(1) (1)
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
11 12 13 14 15 16 17 18 19 20 21
40%
99%
YTD 5 - YR 10 - YR
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
11 12 13 14 15 16 17 18 19 20 21 22
2.1x
Q4 NET LEVERAGE
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$450MM
PAID OVER LAST 11 YEARS
C R E AT I N G VA LU E F O R SH A R E H O L D E R S
19
Share Performance Dividends Share Repurchases Deleveraging
3.5x
2.1x
2019PF 2021E
Growing Dividend Cumulative Buybacks Net Leverage
$
B
n
$
p
e
r
sh
a
re
Total Shareholder Return
~$4Bn
MARKET CAP INCREASE
OVER LAST 10 YEARS
(1) Share performance includes reinvested dividends and is as of 10.25.2021
(2) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)
(2)
494%
2 0 2 1 AV I E N T I N V E S TO R DAY
20
• Investor Day to be held December 9, 2021 in New York, NY
• The company will be doing a deep dive into its key long-
term growth drivers with a particular focus on sustainable
solutions
Revenue Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites / 5G 10%
Growth in Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
• Senior leadership team will also provide further details on
the Clariant Color integration, as well as capital allocation
priorities
PEER COMPARISONS
21
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
https://www.avient.com/sites/default/files/2020-12/adventure-sports-brochure.pdf
Bring beauty to the outdoor experience
with products that pop:
• Add vibrancy or brand recognition with
custom polymer colorants
• Keep your product’s colors brilliant with
UV-stable additives
• Reduce cycle times and production costs
by eliminating secondary painting
requirements with molded-in color
and advanced polymer formulations
from Avient
Your outdoor products need to stand the test
of time and resist damage from exposure to
environmental elements.
Give your outdoor gear that extra grit so that it will
stay the course:
• Provide high-impact strength and
weatherability with materials like continuous
fiber reinforced thermoplastic composite
tapes and laminates
• Keep your exterior finishes gleaming with
material performance enhancements like
scratch and mar resistance and UV stable
additives
• Make your products safer with performance
additives that provide flame resistance and
antimicrobial properties
BECAUSE
LOOKS
MATTER
AESTHETIC
APPEAL
STANDING UP
TO FIELD ABUSE
DURABILITY
For more idea inspiration, contact +1.844.4AVIENT
www.avient.com
When your customers are exhausted from a long
day on the trail, the last things they want to worry
about are body aches or physical discomfort.
https://www.avient.com/sites/default/files/2024-11/Dispersions Healthcare Industry Bulletin.pdf
INDUSTRY BULLETIN
DISPERSIONS IN
HEALTHCARE
TECHNOLOGY DESCRIPTION TYPICAL APPLICATIONS
Silicone Colorant Dispersions
Biocompatible, conformable silicone rubber colorants
that deliver lightfastness and aesthetic appeal
• 3D medical silicone printing
• Anatomical models and surgical guides
• External prosthetics and orthotics
• Wearable medical devices
• Medical ventilation/respiratory masks
• Dental and medical tools and equipment
• Catheters and tubing
• Medical adhesives
Silicone Additive Dispersions
Silicone additive solutions formulated to provide chemical
resistance, durability, and enhanced physical properties
Rubber Colorant Dispersions
Durable rubber colorants formulated for optimal
dispersion and lot-to-lot consistency to promote
ease of handling
• Medical devices and tools
• Vibration and shock control for medical
equipment
• Drug delivery devices
Urethane Colorant Dispersions
Versatile urethane colorants that streamline production
and enhance quality
• Medical packaging
• Foam enclosures/support for medical tools
and equipment
• Medical and surgical devices
• Physical therapy tools
Epoxy Colorant Dispersions
Long-lasting, hygienic epoxy colorants that provide
high-cost efficiency, stability, and customization
opportunities
• Medical adhesives
• Healthcare facility floor coatings
Vinyl Colorant Dispersions
Vinyl colorants developed for applications where
dispersion, uniformity, compatibility, and cleanliness
are essential
• Catheters and tubing
• Medical equipment
Aqueous Additive Formulations
Functional additives stabilized, suspended, and dispersed
in water that shorten development cycles, streamline
operations, and can be customized to meet specific
requirements
• Medical gloves
• Wound care
Electrically Conductive
Additives for Silicone
Innovative silicone additives to provide high conductivity
and lower filler loadings
• Wearable medical devices
• Neurostimulation electrode pads
• Medical tools and equipment
Laser Marking Additives for
Silicone
Dispersions containing laser absorbers and color formers
that eliminate the need for secondary etching while
promoting chemical resistance, mechanical property
retention, and production efficiency
• Medical packaging
• 3D medical silicone printing
• Anatomical models and surgical guides
• External prosthetics and orthotics
• Medical ventilation/respiratory masks
• Medical devices
Surface Modification Additives
for Silicone
Non-oil based silicone additives that reduce tackiness
and enhance smoothness of the cured compound
• Catheters and tubing
• Dental tools and equipment
• Medical adhesives
• Medical devices, tools, and equipment
Self-Bonding Silicone
Silicone compounds able to bond to various substrates
without prime coating
• Medical tools and equipment
• Wearable medical devices
• Medical packaging
This listing represents standard Avient dispersion technologies and addresses common healthcare applications,
but we can work with you to explore additional options.
AESTHETIC APPEAL AND VERSATILITY
Custom colors, special effects, functional
additives
CONSISTENT QUALITY
Lot-to-lot consistency, tight color tolerances,
reproducible dispersions
DESIGN AND PROCESSING
Application development support and
technical service
REGULATORY COMPLIANCE
Product stewardship expertise and
regulatory support
SURFACE PROTECTION
Lightfastness, chemical resistance, durability
ENHANCED PERFORMANCE
Electrical conductivity, mechanical
property retention
1.844.4AVIENT
www.avient.com
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/resources/AquaMix-_Fact_Sheet__72831-B_%25281%2529.pdf
High softening point and greater resistance
to oxidation.
Resistant to acid, alkalies, and moisture.
Resistant to acid, alkalies, and moisture.
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
Clariant Masterbatch
performance will be included in this year’s report.
2021 Sustainalytics ESG Risk Ranking
Newsweek Most Responsible Companies
2016 2017 2018 2019 2020PF
VOC Reduction Reduced Energy Use Bio-derived Content
Eco-conscious Renewable Energy Applications Recyclability
Reduced Material Requirements Lightweighting
$275M
$325M
$355M
$410M
$560M
13 (1) Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)(2) 2020 is Pro forma to include full year of the Clariant Masterbatch business
(2)
Revenue from Sustainable Solutions 2016 – 2020
(1)
S U S TA I NA B I L I T Y F O R A B ET T E R TO M O R ROW
14
• Revenue from sustainable solutions expected to grow 11% in
2021 as our innovation efforts and collaboration with customers
continues to accelerate
• Relentless focus on delivering our 2030 sustainability targets to
benefit the planet and people of the world while adding value to
our customers, communities, associates and shareholders
• Investments centered around innovation and global sustainability
megatrends
o Improving Recyclability – Technologies that allow for increased use
of post-consumer recycled (PCR) material
o Light-weighting – Composites and CAI applications to reduce weight
and material requirements, which minimize energy and carbon
emissions
o Eco-Conscious – Health and human safety applications as well as
Avient’s alternative materials to replace lead, PVC, halogens, BPA
and other less eco-friendly options
o Avient CycleWorks – New innovation center dedicated to advancing
recycling and the circular economy through collaboration with
customers and brand owners
Enable 100% of products manufactured for
packaging applications to be recyclable or
reusable.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
7
$133
$201
2019PF 2022E
7
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
(1)
(1)
11.9%
16.3%
2019PF 2022E
EBITDA Margins
(1)
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
($ in millions)
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORI C SPECI AL IZATION THROUGH M& A
8
Distribution
DSM Protective
Materials
BOLT-ON AC QUI SITI ON HISTORY
9
Commercial
Resources
Operating Income
($ in millions)
Operating Margins
259
363
At Acquisition 2022E
$40
$139
At Acquisition 2022E
9%
22%
At Acquisition 2022E
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
S P E C I A LT Y T R A N SF O R M ATI O N
T O D A Y
7%
46%
67%
86%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2019 2021 2022 PF
%
o
f
A
d
ju
st
e
d
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
10
Healthcare
4%
Packaging
8%
Consumer
10%
Building &
Construction
43%
Industrial
15%
Transportation
14%
Energy
4%
Telecom.
2%
2006 2022 Pro Forma
Healthcare
8%
Packaging
23%
Consumer
21%
Building &
Construction
10%
Industrial
15%
Transportation
9%
Energy
4%
Telecom.
4%
Defense
6%
END MAR KET F OCUS ON LESS CYCL IC AL
I ND USTRI ES
11
14.8%
17.6%
21.0%
2018 2020 2022 PF
1.8%
2006
15.3%
16.2%
17.0%
2018PF 2020PF 2022E
CAI
2.7%
2006
SEM
SPEC IA LTY EBI TDA MA RGI N EX PANSION
12
• Portfolio transformation
accelerates growth in less
cyclical, higher margin end
markets
• Investments in our
composites platform
continue to drive margin
expansion
(1) (1)
(1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition
PORTFOLIO EVOLUTION OVER THE YEARS
13
Adj.