https://www.avient.com/investor-center/events/polyone-corporation-bbt-capital-markets-commercial-industrial-conference-0
https://www.avient.com/investor-center/events/polyone-corporation-bbt-capital-markets-commercial-industrial-conference
https://www.avient.com/resources/safety-data-sheets?page=4352
PP FR 7B01-7006
PP-H-10G NAT
PP FR 7B31 Black
https://www.avient.com/sites/default/files/2022-07/ECCOH_ 5806 - Gel filled Tight Buffer Aerial Cable - Application Snapshot.pdf
T I G H T B U F F E R I N G E L - F I L L E D
L O O S E T U B E F O R A E R I A L
C A B L E S
GLOBAL CABLE
MANUFACTURER
• Operating temperature from -40°C to 70°C
• High gel resistance
• Low shrinkage
• Stripability for easy installation
• Good flame retardancy
• Developed a formulation with good thermal behaviour
and low shrinkage
• Enabled a greater range of operating temperatures
giving the customer the flexibility of using the same
cable design in a range of different climates
• Provided superior gel resistance increasing life time of
the cable
• Utilized simulation service to optimize customer tooling
and extrusion output
ECCOH™ 5806 Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
C O - C R E A T I O N
Avient is High Touch
Avient Corporation 130
86
93
85
82
79
77 74
89
85
82 81 79 78 77
74 72
25
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2021E (%)
1.
We expect this
expansion to continue as we execute
our strategy, increase margins and
consistently grow earnings in excess
of the market.
6.5
9.0
11.2
17.7
16.7
15.5 15.3
14.5
12.2
25.7 25.5
13.5
12.2
10.7
9.8
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Source: Peer data per Bloomberg market data as of December 2, 2021
Total Enterprise Value / 2021E EBITDA
Avient 2011 and 2016 valuations reflect trailing 12 months EBITDA at December 31 of the respective years.
https://www.avient.com/resources/safety-data-sheets?page=1216
VETTEX BLACK-F
XF FROSTED 2
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=6709
SC-2730 T RED
SC-22017 T GRAY
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_elastomers_for_overmolding_applications.pdf
GLS 285-056 exhibits good aging properties at 70°C for at least one week.
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285-056 Peel adhesion
3.23
2.55
3.06 3.063.063.062.89
2.55
2.89 2.89
2.72 2.72
3.06
2.38
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
Lexan 141 Cycolac MG38 Cycoloy C2950 Xenoy 5220 Xenoy 1339
Injection speed: 25 mm/sec
A
vg
. p
ee
l,
N
/m
m
Melt temp: 190°C Melt temp: 200°C Melt temp: 220°C
Figure 5: GLS 285-056 adhesion values overmolded onto PC, ABS, PC/ABS and PC/PBT over a wide range of melt
emperatures of the TPE. t
285-056 peel adhesion
2.893.06
2.89
2.38
2.55 2.55
2.89
2.55
2.89
3.063.06
2.89
2
3
25 50 75
Injection velocity, mm/sec
A
vg
. p
ee
l,
N
/m
m
Lexan 141 Cycolac MG38 Cycoloy C2950 Xenoy 5220
Figure 6: GLS 285-056 adhesion values overmolded onto PC, ABS, PC/ABS and PC/PBT over a wide range of injection
peeds. s
285-056 tensile properties: initial & aged after 1 week at 70°C.
2.35
1.60
2.77
2.30
1.66
2.77
0
0.5
1
1.5
2
2.5
3
Tensile Strength 100% Modulus 300% Modulus
P
as
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Initial Final
Figure 7: Physical property retention of GLS 285-056 after 1week at 70°C.
OM6258 tensile properties after 1 week at 70°C
2.9
2.8
2.1
3
3.2
2.1
0
0.5
1
1.5
2
2.5
3
3.5
Tensile Strength 100% Modulus 300% Modulus
P
as
ca
ls
Initial Final
Figure 9: Physical Property retention of OM 6258 after 1 week at 70°C.
https://www.avient.com/sites/default/files/2025-03/CAI Solutions for Recycled Resins in E_E Applications Product Bulletin _A4.pdf
The additives help
stabilize the polymer and reduce the creation
of new gels and black spots
SmartBatch™ Combination Colorants &
Additives based on Maxxam™ REC Recycled
Polyolefin Formulations which include
25–100% recycled polyolefin resin from
post-industrial recycled (PIR) and/or
post-consumer recycled (PCR) sources.
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
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Source: Peer data per Bloomberg market data as of February 15, 2022.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
H I G H F R E E C A S H F L OW
C O N V E R S I O N
Avient reflects 2021 estimated EBITDA of $635M and estimated CAPEX of $90M (excludes IT system upgrade of $25M and synergy capture CAPEX of $20M)
Source: Peer data per Bloomberg market data as of February 15, 2022
86
89
85
80
76 76
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85
79 78 76 76 76
70 69
63
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Source: Peer data per Bloomberg market data as of February 15, 2022
Total Enterprise Value / 2022E EBITDAWith the Clariant Color business
acquisition and divestment of the
PP&S business, our exposure is
now concentrated in less-cyclical
and high-growth markets.
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
5.4
8.5
10.1 10.0
15.7
15.0
14.2
12.7
10.2
25.0
19.7
17.7
13.2
12.3
10.0 9.9
8.9 8.5 8.3
6.6
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Historic Multiple
S U M M A RY: W H Y I N V E S T I N AV I E N T ?