https://www.avient.com/sites/default/files/2020-08/oncolor-colorants-color-shades-of-nature-product-bulletin-1.pdf
Available in masterbatch solutions, these beautiful
effects are formulated with:
• organic waste materials, such as
almond shells
• glitter flakes
• synthetic fibers
• special effects, such as speckles
and pearlescents
KEY CHARACTERISTICS
• Available in standard or custom finishes
• Cost effective replacement for marble, granite,
and other expensive and heavy materials across
many applications
• No additional production investment required
MARKETS AND APPLICATIONS
Shades of Nature colorants can add depth
and dimension to:
• Packaging – including premium cosmetics
or luxury caps and closures
• Transportation – interior or exterior automotive
trim and components
• Consumer goods – toys, outdoor goods,
furniture
• Small and large household appliances
PRODUCT BULLETIN
NAME COLOR TONE EFFECTS EU FDA TOYS T STABILITY
Fossil Beige Fibers/Speckles YES NO YES 280°C
Lavender Purple Blue Fibers YES NO YES 280°C
Rosewood Light Pink Fibers NO NO NO 280°C
Emerald Creek Green Special Effects YES YES YES 280°C
Mother of Pearl White Pearl Special Effects YES YES YES 280°C
Invigorate Yellow Green Natural Waste NO NO YES < 210°C
Interstellar Brown Special Effects YES YES YES 280°C
Unrefined Grey Glitter NO NO NO 230°C
Reflection Blue Glitter NO NO NO 230°C
Coral Sand Orange Fibers NO NO NO 280°C
REGULATORY INFORMATION
IMPORTANT NOTE
The above technical and regulatory information is based on the formulation of the current 10 colors in the palette.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
AVIENT CORPORATION
S E C O N D Q U A R T E R 2 0 2 3 R E S U L T S
(NYSE: AVNT)
J U L Y 2 7 , 2 0 2 3
D I S C L A I M E R
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Avient reflects 2023 adjusted EBITDA guidance of $525M and estimated run-rate CAPEX of $110M.
2023E (%)
23
79
90
84 83
76
73
88
82
77
74 72
67
57
20
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
A
V
Y
R
P
M
F
M
C
C
E
H
X
L
E
C
L
A
S
H
H
U
N
E
M
N
S
C
L
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
MULTI PL E EX PANSION
Source: Peer data per Bloomberg as of July 21, 2023
Note: Avient reflects 2023 adjusted EBITDA guidance of $525M and closing share price of $40.93.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years.
24
EV / 2023E EBITDA
Historic Multiple
6.5
8.3
10.3
14.4
13.6 13.6
12.4
9.0
20.2
18.2
11.5
10.6
9.7 9.6
8.7 8.3
A
vi
e
n
t
(2
0
1
1
)
A
vi
e
n
t
(2
0
1
8
)
A
vi
e
n
t
(2
0
2
3
)
R
P
M
P
P
G
K
W
R
A
V
Y
F
U
L
E
C
L
H
X
L
F
M
C
A
S
H
S
C
L
C
E
H
U
N
E
M
N
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
SEGMENT DATA
U.S. & Canada
40%
EMEA
37%
Asia
18%
Latin America
5%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
20%
Packaging
24%
Industrial
15%
Building and
Construction
10%
Telecommunications
4%
Energy
4%
Defense
6%
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
Transportation
9%
Healthcare
8%
26
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2 0 2 2 R E V E N U E | $ 2 . 4 B I L L I O N
US & Canada
34%
EMEA
38%
Asia
20%
Latin America
8%
END MARKET REGION
27
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
15%
Transportation
8%
Building &
Construction
11%
Telecommunications
1% Energy
2%
COLOR , AD DI TI VES & INKS
2 0 2 2 P R O F O R M A R E V E N U E | $ 1 . 3 B I L L I O N
US & Canada
52%
EMEA
35%
Asia
13%
28
Packaging
5%
Consumer
19%
Healthcare
8%Industrial
16%
Transportation
10%
Telecommunications
10%
Energy
9% Defense
15%
Building &
Construction
8%
END MARKET REGION
SPEC IA LTY ENGI NEER ED MATERI ALS
Packaging
32%
Consumer
27%
Healthcare
8%
Industrial
14%
Building &
Construction
5%
Telecommunications
3%
Energy
1% Defense
1%
Asia
(18% of sales)
Transportation
9%
2 0 2 2 P R O F O R M A AV I E N T R E G I O N A L S A L E S
Packaging
27%
Consumer
14%
Healthcare
5%
Industrial
17%
Building &
Construction
10%
Energy
5%
Defense
8%
EMEA
(37% of sales)Transportation
11%
Packaging
13%
Consumer
24%
Healthcare
12%
Industrial
15%
Building &
Construction
13%
Energy
5%
Defense
5%
US &
Canada
(40% of sales)
Transportation
7%
Packaging
56%
Consumer
23%
Healthcare
4%
Industrial
7%
Building &
Construction
4%
Telecommunications
1%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
3%
Telecommunications
6%
29
B Y E N D M A R K E T
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/resources/safety-data-sheets?page=5998
A33496C BLUE
10096855 BLUE
PBr24 70% (149-722-70)
https://www.avient.com/news/archives?page=26
Caption: Avient expands reSound™ TPE portfolio with a grade formulated using post-consumer recycled content that received No Objection Letter from U
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-therma-tech-gas-recovery-heat-exchanger.pdf
© 2019, All Right Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
B U I L D I N G A N D
C O N S T R U C T I O N S U P P L I E R
H E A T E X C H A N G E R : G A S
R E C O V E R Y
• Resistance to corrosion and fouling
• Good thermal conductivity
• Good pressure resistance
• Compatible with current processing methods – extrusion
• Eliminated the effects of corrosion and
fouling by replacing aluminum
• Improved thermal performance over time
• Developed a customized solution that
utilized the customers existing extrusion
processing methods
Therma-Tech™ Thermally Conductive Formulation
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2023-08/Gravi-Tech Formulations - Hearing Protection Headset - Case Study Snapshot.pdf
S A F E T Y E Q U I P M E N T
M A N U FAC T U R E R
H E A R I N G P R O T E C T I O N
H E A D S E T
• High performing acoustic solution
• Lightweight material
• Good surface aspect
• Lost cost solution
• Met acoustic test and chemical resistance
requirements
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-nymax-pir-marine-accessories.pdf
O U T D O O R H I G H
P E R F O R M A N C E
M A N U FAC T U R E R
M A R I N E A C C E S S O R I E S
• High strength
• High UV resistance
• Structural stiffness
• Provided multiple nylon grades for several
marine accessories
• Complemented customer expertise with
application development insight and
technical support in material selection
• Eliminated supply concerns by serving as a
single, stable source for numerous materials
Nymax™ PIR Post-Industrial Recycled Nylon
Formulations
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-07/moisture-resistant-nylon-lft-technical-bulletin.pdf
Surface gloss levels >70 can be obtained in
polished molds with these environmentally
stabilized formulations.
1.844.4AVIENT
www.avient.com
Copyright © 2021, Avient Corporation.
This literature shall NOT operate as permission, recommendation, or inducement to practice any patented invention without permission of the patent owner.
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
0 100 200 300 400 500 600 700 800 900 1000
Te
ns
ile
S
tr
en
gt
h
R
et
en
ti
on
Hours Submerged
Tensile Strength Retention
Standard Nylon 6/6, 50% Long Glass Fiber
Moisture Resistant Nylon 6/6, 50% Long Glass Fiber
Specialty Nylon 6/12, 50% Long Glass Fiber
https://www.avient.com/sites/default/files/2020-08/colormatrix-joule-fast-reheat-dispersions-tech-bulletin-a4.pdf
The proprietary ColorMatrix technology has been
shown to deliver superior energy saving at bottle
blowing whilst at the same time imparting an
attractive light blue-shaded color to the preforms
(and bottles) without contributing to bottle haze.
The additive is not soluble in MEG, but is very
thermally heat stable and at the low ppm addition
levels commonly used has no measurable impact
on the polymer process other than that coming
from the blue tint introduced into the polymer.
At the
recommended use levels in CSD (carbonated
soft drinks) applications (around 5ppm), the
blue toner is not required and a reduced
amount of the red toner may be desirable (in
some cases red toner can also be eliminated;
this depends on the inherent color of the resin
and so cannot be specified here)
https://www.avient.com/resources/safety-data-sheets?page=5688
HIPS DARK BLUE 295C
AZUL CYAN AL 70% / TONO OPACO SLIP 2
AZUL CYAN AL 70% / TONO OPACO SLIP 1