https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
12
$133
$201
2019PF 2022E
12
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(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
HISTORIC SPECIALIZATION THROUGH M&A
13
Distribution
DSM Protective
BOLT-ON ACQUISITION HISTORY
14
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
0%
60%
80%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
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)
15
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
Thermoplastics
offer versatility and a wide range of applications.
Our product portfolio, which we believe to be one of the
most diverse in our industry, includes specialty formulated high-performance polymer materials that are
manufactured using thermoplastic resins and elastomers, which are then combined with advanced
polymer additives, reinforcement, filler, colorant and/or biomaterial technologies.
Garratt worked for DuPont Dow Elastomers, a joint venture of Dupont and Dow
(global manufacturers of engineered thermoset rubber and thermoplastic elastomer materials) in
market development and product management positions, culminating in a regional commercial
leadership role for Europe, the Middle East and Africa.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
In 2022, we launched new products and expanded applications for the healthcare market that
continue to evolve our portfolio to include more sustainable options, including:
Mevopur™ Healthcare Bio-Based Polymer Solutions are color and performance-enhancing additive
solutions formulated with bio-based polymers for healthcare applications
Mevopur™ Nucleation Additive Concentrates help produce thinner walls in polyolefin applications while
maintaining mechanical properties and reduce Moisture Vapor Transmission Rate (MVTR) in HDPE
Mevopur™ Chemical Foaming Agents (CFA) enable reduced material use, while meeting regulatory
requirements for medical devices and pharmaceutical packaging
REMAFIN™ EP White Colorants for Pharmaceutical Packaging designed for a range of pharmaceuticals,
safeguarding light transmission while meeting regulatory requirements
Trilliant™ HC Glass Filled Polyketone offers a lower carbon footprint alternative to nylon with
excellent chemical resistance, high temperature performance, and good wear resistance
Versaflex™ HC Thermoplastic Elastomers are formulated to meet demanding healthcare device and
application challenges without phthalate plasticizers, including respiratory applications
Application Highlight:
Biopharmaceutical
Manufacturing Clamps
Develop an alternative to traditional nylon materials that
meets dimensional stability, impact and wear resistance
requirements, while enabling the customer to address
consistency of supply and sustainability objectives.
Visit Our Sustainability Site
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2022 46
https://www.avient.com/industries/healthcare
https://www.avient.com/products/polymer-colorants/healthcare-colorants/mevopur-healthcare-bio-based-polymer-solutions
https://www.avient.com/products/polymer-additives/healthcare-additives/mevopur-healthcare-functional-additives
https://www.avient.com/products/polymer-additives/healthcare-additives/mevopur-healthcare-functional-additives
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/remafin-ep-white-colorants
https://www.avient.com/sites/default/files/2023-01/Trilliant%20HC%20GF%20Polyketone%20_PK_%20Product%20Bulletin.pdf
https://www.avient.com/products/thermoplastic-elastomers/versaflex-hc-thermoplastic-elastomers
https://www.avient.com/sites/default/files/2023-03/Trilliant%20HC%20glass-filled%20PK%20-%20Biopharma%20Tubing%20Clamps.pdf
Transportation
Market Needs: Improve Efficiency, Extend Range,
Enable Circularity
As the demand for low- and zero-emission, energy-efficient transportation continues to grow
across all vehicle types, transportation requirements are evolving quickly.
Visit Our Sustainability Site
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2022 49
https://www.avient.com/industries/telecommunications
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/preperm-low-loss-dielectric-thermoplastics
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/preperm-low-loss-dielectric-thermoplastics
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/edgetek
https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-low-smoke-and-fume-non-halogen-formulations
https://www.avient.com/sites/default/files/2020-09/case-study-one-pager-hybrid-5g-cable.pdf
https://www.fiber-line.com/en/products/water-blocking-yarn
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles
https://www.fiber-line.com/en/markets/fiber-optic-cables
Protective Materials
Market Needs: Lighter Weight, High Strength,
Reduce Carbon Footprint
Improving safety for those that protect us—law enforcement, first responders, and military service
personnel—while they keep communities around the world safe.
https://www.avient.com/sites/default/files/2021-06/fl.us-.datasheet-petpolyester.pdf
History
PET is the most common thermoplastic polymer in the polyester family.
https://www.avient.com/sites/default/files/2022-03/Trilliant HC Electrically Conductive Formulations for Pipette Tips Application Bulletin.pdf
APPLICATION BULLETIN
1 Typical properties: these are not to be construed as specifications
HOW TRILLIANT™ HC FORMULATIONS HELP TO SOLVE THE MOST DIFFICULT
PERFORMANCE AND PROCESS CHALLENGES
Trilliant HC conductive thermoplastics can be customized to meet your unique challenges.
https://www.avient.com/sites/default/files/2022-09/PREPERM for 5G Application Bulletin %281%29.pdf
The dielectric measurement data up to 220 GHz
indicates that the dielectric properties of PREPERM
thermoplastics are stable and not dependent on
the frequency.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-fiberglass.pdf
It is often used in thermoset and thermoplastic
applications where the fiber is used as reinforcement.
https://www.avient.com/sites/default/files/2021-06/fl.a4.datasheet-novoloid.pdf
Types
• Multi-filament
• Spun
Key Features
• Excellent flame resistance
• Excellent chemical resistance
• Can withstand short-term heat exposure in
temperatures > 1000C
• Excellent thermal insulator
• Low smoke and combustion toxicity
• Very compatible with thermoset
& thermoplastic resins
Disadvantages
• Low tensile strength
• Low tensile modulus
• Affected by oxidizing acids (i.e.
https://www.avient.com/sites/default/files/2023-09/65799-Certificate-26SEP2023%5B1%5D.pdf
This is to certify that the Quality Management System of:
Avient Corporation - Avon Lake
33587 Walker Road
Avon Lake, OH 44012
The Quality Management System is applicable to:
Certificate No: 65799
Certification Date: 01 October 2020
Effective Date: 25 September 2023
Expiration Date: 30 September 2026
Revision Date: 26 September 2023 Dominic Townsend, President
DESIGN AND MANUFACTURE OF COLOUR AND ADDITIVE CONCENTRATES, THERMOPLASTIC RESINS AND
SPECIALTY COMPOUNDS
This certificate may be found on the ABS QE Website (www.abs-qe.com).
José Garibaldi 2401
Lomas de Zamora, Buenos Aires 1832
Argentina
Activity: Management of QMS, Design and manufacture of colour and
additive concentrates, thermoplastic resins and specialty
compounds
Activity: Administration, Site management, Manufacture, Laboratory (QC
and Colormatching), Procurement, Maintenance, Infrastructure,
Warehouse and Transport, Sales
Page 3 of 10
Facility: Avient Colorants France S.A.S.
1995 route de la Vallée du Giffre
Saint-Jeoire en Faucigny 74490
France
Facility: Avient Colorants Germany GmbH
Kornkamp 50
Ahrensburg, Thuringia 22926
Germany
Activity: Administration, Site management, Manufacture, Laboratory,
Procurement, Maintenance, Infrastructure, Warehouse and
Activity: Administration, Site management, Manufacture, Laboratory,
Procurement, Maintenance, Infrastructure, Warehouse and
Facility: Avient Colorants Germany GmbH
Hohenrhein 1
Lahnstein, Thuringia 56112
Germany
Facility: Avient Guatemala S.A.
27 Avenida 34–11, Zona 12
Parque Global 1012
Guatemala
Activity: Administration, Site management, Manufacture, Laboratory,
Maintenance, Infrastructure, Warehouse and Transport
Activity: Administration, Site management, Manufacture, Laboratory,
Procurement, Maintenance, Infrastructure, Warehouse and
Facility: Avient (Chile) SpA
Camino a Melipilla 15170
Maipú, Región Metropolitana de Santiago 9250000
Chile
Facility: Avient Colombia S.A.S.
https://www.avient.com/sites/default/files/2022-06/Complet REC Technical Bulletin.pdf
Complēt™ REC
Long Fiber Reinforced Composites Incorporating Recycled Resin
The Complēt™ REC portfolio consists of long fiber
reinforced composites incorporating post-consumer
recycled (PCR) nylon 6 resin, post-industrial
recycled (PIR) nylon 66 resin, and PIR thermoplastic
polyurethane (TPU) resin.