https://www.avient.com/investors/events-presentations?page=10
Avient Q3 2023 Earnings - November 2, 2023
Avient IR Presentation -- Goldman Sachs and Morgan Stanley Investor Meetings -- 2/17/2021 to 2/18/2021
PolyOne IR Presentation – Global High Yield & Leveraged Finance Conference – 2/24/2020 to 2/26/2020
https://www.avient.com/investors/events-presentations?page=8
Avient Q3 2023 Earnings - November 2, 2023
Avient IR Presentation -- Goldman Sachs and Morgan Stanley Investor Meetings -- 2/17/2021 to 2/18/2021
PolyOne IR Presentation – Global High Yield & Leveraged Finance Conference – 2/24/2020 to 2/26/2020
https://www.avient.com/investors/events-presentations?page=3
Avient Q3 2023 Earnings - November 2, 2023
Avient IR Presentation -- Goldman Sachs and Morgan Stanley Investor Meetings -- 2/17/2021 to 2/18/2021
PolyOne IR Presentation – Global High Yield & Leveraged Finance Conference – 2/24/2020 to 2/26/2020
https://www.avient.com/sites/default/files/2023-10/2023 Syncure Wire and Cable Product Selection Guide.pdf
Syncure™ XLPE
Cross-linkable
Polyethylene
Formulations
FOR LOW VOLTAGE CABLES
PRODUCT SELECTION GUIDE
Syncure™ XLPE
MOISTURE CROSS-LINKABLE POLYETHYLENE INSULATION FOR LOW VOLTAGE CABLE SYSTEMS
SYSTEM S100FH S100FH-XUV S100FH-UV S100FV S100FV-UV S112NA S120NA S200FH S200FV
Applications
Building Wire,
Tray Cable
Building Wire,
Tray Cable
Photo-Voltaic (PV)
Wire
Building Wire,
Tray Cable
Building Wire,
Tray Cable
Building Wire,
Teck-90
Pipe and Tube
Building Wire, Tray Cable,
Service Entrance
Building Wire, Tray Cable,
Service Entrance
Specification UL 44 UL 44 UL 44, UL 4703 UL 44 UL 44 CSA 22.2
Suitable for
NSF 61
UL 44 UL 44
Wire Type
XHHW-2, RHW-2, USE-2,
SIS
XHHW-2, RHW-2, USE-2,
SIS
XHHW-2, RHW-2,
USE-2, SIS, PV
XHHW-2, RHW-2,
SIS
XHHW-2, RHW-2,
USE-2, SIS, PV
RW-90, Teck-90 –
RHW-2, RHW, RHH,
XHHW-2, XHH, XHHW, SIS
RHW, RHH, RHW-2
Components %
83% S1054A
17% V0022G RoHS
83% S1054A
17% V0022G-UV RoHS
70% S1054A
30% V0022G-UV RoHS
50% S1054A
50% V0044G RoHS
50% S1054A
50% V0044G-UV RoHS
95% S1054A
5% S1000B
95% S1016A
5% S1037B
78% S1054A
22% SC5400-0002 RoHS
MB ALT FR
50% S1054A
50% SC5400-0003 RoHS
MB ALT FR
Features
Horizontal
Flame
Horizontal Flame,
UV Resistant,
Colors Possible
Horizontal Flame,
FV-1 Flame, UV Resistant,
Colors Possible
VW-1
VW-1, UV Resistant,
Colors Possible
Non-FR Rigid Pipe Applications
Horizontal Flame,
DBDPE-free
VW-1, DBDPE-free
GENERAL PROPERTIES
Specific Gravity 1.01 1.02 1.10 1.31 1.31 0.92 0.95 1.01 1.31
Hardness Shore D,
10 Seconds
47 47 47 48 48 47 59 47 48
Gel 68 68 70 70 70 72 72 68 70
TENSILE PROPERTIES
Tensile Strength
(psi) 2800 2500 2650 3200 2650 2800 4500 2800 3200
Elongation % 400 400 540 470 540 400 80 400 470
Tensile
Retention %
100 100 97 110 110 95 75 95 100
Elongation
Retention %
90 90 94 100 100 90 75 90 93
ELECTRICAL
Dielectric
Strength (V/mil) 1000 1400 1400 1200 1200 1000 – 1000 1200
Dielectric
Constant
2.31 2.45 2.61 2.61 2.61 2.24 2.1 2.31 2.61
Dissipation
Factor %
0.0012 0.0080 0.008 0.0043 0.0043 0.0008 0.002 0.0012 0.0043
THERMAL
Temperature
Rating °C
90 90 90 90 90 90 125 90 90
Heat
Deformation %
10 5 5 5 5 10 10 10 5
The Syncure™ XLPE portfolio is a two-step, silane-
grafted, moisture cross-linkable polyethylene system.
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-processing-guide.pdf
Reduce wall thickness
2.
Increase shot size
2.
Increase gate size
2.
https://www.avient.com/sites/default/files/resources/AquaMix-_Fact_Sheet__72831-B_%25281%2529.pdf
A line of
casein-free dispersions is also available.
17 in
11 in
17.25 in
11.25 in
CMYK P1PC-011AquamixFactSheet2.indd REMAY 72831-B Zig
trim: 17.000" x 11.000" bleed: .125" Digital/IAM
QC˛______ ______ Client˛_____ _____
Date ____/____/____ Proof No.4______
25 50 100 25 50 100
25
2
2 50 100 25
2
2 50 100
Asset No. 72831-B
Antioxidants Dispersions
AO 2246 Aquamix 105 40
Irganox® 1010 Aquamix 327 40
Irganox® 1076 Aquamix 683 40
Wingstay® L Aquamix 125 50
Antioxidants Emulsions
Wingstay® 29/SN-1 Aquamix 312 50
Wingstay® L/SN-1 Aquamix 289 50
Wingstay® L/SN-1 Aquamix 494 60 Higher concentrated version of Aquamix 289.
UV Stabilizer Dispersion
Tinuvin® P Aquamix 150 50 UV absorber to prevent UV degradation
Slab Dip Dispersions
Clay Aquamix 186 65
Zinc Stearate Aquamix 394 25
Wax Amide Aquamix 1124 20
Calcium Stearate Aquamix 1172 50
Chemical Name / Comments
17 in
11 in
17.25 in
11.25 in
CMYK P1PC-011AquamixFactSheet2.indd REMAY 72831-B Zig
trim: 17.000" x 11.000" bleed: .125" Digital/IAM
QC˛______ ______ Client˛_____ _____
Date ____/____/____ Proof No.4______
25 50 100 25 50 100
25
2
2 50 100 25
2
2 50 100
Asset No. 72831-B
Antioxidants Dispersions
AO 2246 Aquamix 105 40
Irganox® 1010 Aquamix 327 40
Irganox® 1076 Aquamix 683 40
Wingstay® L Aquamix 125 50
Antioxidants Emulsions
Wingstay® 29/SN-1 Aquamix 312 50
Wingstay® L/SN-1 Aquamix 289 50
Wingstay® L/SN-1 Aquamix 494 60 Higher concentrated version of Aquamix 289.
A line of
casein-free dispersions is also available.
17 in
11 in
17.25 in
11.25 in
CMYK P1PC-011AquamixFactSheet2.indd REMAY 72831-B Zig
trim: 17.000" x 11.000" bleed: .125" Digital/IAM
QC˛______ ______ Client˛_____ _____
Date ____/____/____ Proof No.4______
25 50 100 25 50 100
25
2
2 50 100 25
2
2 50 100
Asset No. 72831-B
https://www.avient.com/sites/default/files/resources/ISO9001.2015PolyOneShanghai%25282018-2021%2529.pdf
TEL:+31102922689. assurance. dnvgl.com
C ertificate N o:
7 0 7 1-1998-AQ -RGC-RvA
I nitial c ertification date:
2 8 A pril, 1 9 98
V alid:
2 9 M arch, 2 0 18 - 2 9 M arch, 2 0 21
This is to certify that the management system of
PolyOne-Shanghai, China
No. 88, Guo Shou Jing Road, Z.
Park, Pudong, Shanghai, China, 201203
and the sites as mentioned in the appendix accompanying this certificate
has been found to conform to the Quality Management System standard:
ISO 9001:2015/GB/T 19001-2016
This certificate is valid for the following scope:
Design and Manufacture of Masterbatch
C ertificate N o: 7 071-1998-AQ-RGC-RvA
P lac e and date: Shanghai, 3 0 M arch, 2 0 18
Lack of fulfilment of conditions as set out in the Certification Agreement may render this Certificate invalid.
https://www.avient.com/sites/default/files/resources/China_Suzhou_OHSAS18001_2019Exp.PDF
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https://www.avient.com/sites/default/files/2024-10/2024 AVNT Q3 Webcast Slides w appendix and non-GAAP.pdf
Microsoft PowerPoint - AVNT Q3 2024 Earnings Presentation_10.29_12PM
AVIENT CORPORATION
T H I R D Q U A R T E R 2 0 2 4 R E S U L T S A N D 2 0 2 4
F I N A N C I A L G U I D A N C E
(NYSE: AVNT)
O C T O B E R 3 1 , 2 0 2 4
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.
EBITDA
$130 million
+6%
(+7% ex FX)Net Sales
$815 million
+8%
(+8.5% ex FX)
Net Sales
$815 million
+8%
(+8.5% ex FX)
Q 3 2 0 2 4 R E S U L T S
TOTAL COMPANY
( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 )
$754
$815
Q3 23 Q3 24
$123
$130
Q3 23 Q3 24
Sales Adjusted EBITDA
(in millions)
$0.57
$0.65
Q3 23 Q3 24
(in millions)
Adjusted EBITDA Adjusted EPS
5
+ 8%
(+8.5% excluding FX)
+ 6%
(+7% excluding FX)
+ 14%
(+16% excluding FX)
Sales
6
Q3 2 024 RESULTS – ORGA NI C REVENUE
GROW TH BY REGI ON VS PY
6
US & Canada
Latin America
EMEA
Asia
+9%
+5%
+11%
+27%
Avient ex.
FX +8.5%
FX -0.4%
Total Avient +8.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
COLOR, ADDITIVES & INKS SEGMENT
( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 )
$487
$522
Q3 23 Q3 24
$89
$97
Q3 23 Q3 24
Sales Adjusted EBITDA
(in millions) (in millions)
Sales Adjusted EBITDA
7
+ 7%
(+8% excluding FX)
+ 9%
(+11% excluding FX)
18.3%
+40 bps *18.7%
*
* Adjusted EBITDA Margin %
• Sales growth driven by winning
new product specifications in
consumer & packaging, strong
underlying demand in healthcare
and improving demand in building
& construction
• Favorable mix and raw material
deflation contributed to EBITDA
margin expansion
SPECIALTY ENGINEERED MATERIALS SEGMENT
( Q 3 2 0 2 4 P E R F O R M A N C E V S Q 3 2 0 2 3 )
$268
$295
Q3 23 Q3 24
$51
$57
Q3 23 Q3 24
Sales Adjusted EBITDA
(in millions) (in millions)
Sales Adjusted EBITDA
8
• Sales growth driven by restocking
in healthcare & consumer end
markets and strong underlying
demand for composite
applications used in building &
construction, energy and defense
end markets
• Favorable mix contributed to
EBITDA margin expansion
+ 10%
(+10% excluding FX)
+ 12%
(+13% excluding FX)
19.0%
+40 bps *19.4%
*
* Adjusted EBITDA Margin %
2 0 2 4 G U I D A N C E
FY 20 24 GUIDA NC E
Previous (Aug 6) Current
Adjusted EPS $2.55 to $2.70 $2.63 to $2.67
Adjusted EBITDA $515 to $540 million $525 to $530 million
Interest Expense $105 million $104 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures &
Investment in S/4 Hana
~$140 million ~$140 million
10
11
• Investor Day to be held December 4, 2024 at
the NYSE, beginning at 10AM
• The focus will be to do a deep dive on the
Company’s strategy
• Registration and microsite will be available in
early November
20 24 AVI ENT INVESTOR DAY
A P P E N D I X
18
Performance
Additives
15%
Pigments
13%
TiO2
9%
Dyestuffs
2%
Polyethylene
10%Nylon
5%
Polypropylene
4%
Styrenic Block
Copolymer
4%
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RA W MATERI AL BA SKET
SEGMENT DATA
U.S. & Canada
41%
EMEA
36%
Asia
18%
Latin America
5%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
19%
Packaging
23%Industrial
16%
Building and
Construction
9%
Telecommunications
4%
Energy
5%
Defense
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
Transportation
10%
Healthcare
7%
20
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2 0 2 3 R E V E N U E | $ 2 . 0 B I L L I O N
US & Canada
34%
EMEA
37%
Asia
21%
Latin America
8%
END MARKET REGION
21
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
15%
Transportation
9%
Building &
Construction
10%
Telecommunications
1% Energy
2%
COLOR , AD DI TI VES & INKS
2 0 2 3 R E V E N U E | $ 1 . 1 B I L L I O N
US & Canada
52%
EMEA
35%
Asia
13%
22
Packaging
5%
Consumer
16%
Healthcare
6%Industrial
16%
Transportation
12%
Telecommunications
9%
Energy
10% Defense
18%
Building &
Construction
8%
END MARKET REGION
SPEC IA LTY ENGI NEER ED MATERI ALS
Packaging
32%
Consumer
26%
Healthcare
9%
Industrial
13%
Building &
Construction
6%
Telecommunications
2%
Energy
2% Defense
1%
Asia
(18% of sales)
Transportation
9%
2 0 2 3 AV I E N T R E G I O N A L S A L E S
Packaging
25%
Consumer
13%
Healthcare
5%
Industrial
18%
Building &
Construction
9%
Energy
5%
Defense
8%
EMEA
(36% of sales)Transportation
13%
Packaging
13%
Consumer
22%
Healthcare
10%
Industrial
16%
Building &
Construction
12%
Energy
6%
Defense
8%
US &
Canada
(41% of sales)
Transportation
9%
Packaging
59%
Consumer
22%
Healthcare
2%
Industrial
8%
Building &
Construction
4%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
4%
Telecommunications
4%
23
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/sites/default/files/2023-12/Polystrand Thermoplastic Composite Panel Application _ Install Guide.pdf
TAB TESTING OF VARIOUS INSTALLATION METHODS
Hammerhead™
PETG Laminate
Hammerhead™
PETG Laminate
BOTTOM PANEL LEGLENGTH
BREAK
STRENGTH
PETG Skins with
Plywood Core
1 in/25 mm
1.5 in/38 mm
2 in/51 mm
2400 lbs/1089 kg
2820 lbs/1279 kg
2748 lbs/1246 kg
Hammerhead with
5 lb/ft3 (80 kg/m3)
Core Density
2 in
51 mm
665 lbs
302 kg
Hammerhead with
7 lb/ft3 (115 kg/m3)
Core Density
2 in
51 mm
881 lbs
400 kg
Hammerhead with
8 lb/ft3 (135 kg/m3)
Core Density
2 in
51 mm
1084 lbs
492 kg
Marine Plywood
2 in
51 mm
770 lbs
349 kg
Glass/Epoxy with
Plywood Core
2 in
51 mm
1055 lbs
479 kg
Glass/Polyester
with Balsa Core
2 in
51 mm
919 lbs
417 kg
L-Bracket Installation
Hammerhead™
PETG Laminate
Hammerhead™
PETG Laminate
BOTTOM PANEL LEGLENGTH
BREAK
STRENGTH
PETG Skins with
Plywood Core
2 in
51 mm
2375 lbs
1077 kg
Marine Plywood
2 in
51 mm
770 lbs
349 kg
Glass/Polyester with
Balsa Core
2 in
51 mm
797 lbs
362 kg
U-Channel Installation
ITW Plexus MA420
adhesive was used in all
tab testing installations
except where noted.
G
LA
SS
/E
P
O
XY
T
AB
M
AT
ER
IA
L
N
O
T
AB
BOTTOM PANEL LEGLENGTH
BREAK
STRENGTH
Hammerhead with
5 lb/ft3 (80 kg/m3)
Core Density
2 in
51 mm
420 lbs
191 kg
Hammerhead with
7 lb/ft3 (115 kg/m3)
Core Density
2 in
51 mm
370 lbs
168 kg
Hammerhead with
8 lb/ft3 (135 kg/m3)
Core Density
2 in
51 mm
332 lbs
151 kg
Marine Plywood
2 in
51 mm
984 lbs
446 kg
Glass/Polyester
with Balsa Core
2 in
51 mm
1298 lbs
589 kg
Hammerhead with
5 lb/ft3 (80 kg/m3)
Core Density -
ITW Plexus
MA420 Adhesive
NA
501 lbs
227 kg
Hammerhead with
7 lb/ft3 (115 kg/m3)
Core Density -
ITW Plexus MA420
Adhesive
NA
839 lbs
381 kg
Hammerhead with
8 lb/ft3 (135 kg/m3)
Core Density -
ITW Plexus
MA420 Adhesive
NA
1156 lbs
524 kg
Hammerhead with
8 lb/ft3 (135 kg/m3)
Core Density -
Crestomer
1152PA Adhesive
NA
1530 lbs
694 kg
Hammerhead with
8 lb/in3 (135 kg/m3)
Core Density -
Crestomer
M1-30 Adhesive
NA
1471 lbs
667 kg
Mixed Conditions
ADHESIVE
DESCRIPTION
ADHESIVE
GRADE MANUFACTURER
AVERAGE
BOND
STRENGTH
STANDARD
DEVIATION
FAILURE
MODE
BEST ADHESION
2k Urethane 75421 LORD
2281 psi
15.73 MPa
184 psi
1.27 MPa
Substrate
Cohesive
2k Acrylic SA1-705 GRY1 ACRALOCK
2211 psi
15.24 MPa
78 psi
0.54 MPa
Substrate
2k Acrylic Plexus MA420 ITW
2171 psi
14.97 MPa
262 psi
1.81 MPa
Substrate
2k Acrylic SA10-05 Blk1 ACRALOCK
2102 psi
14.49 MPa
138 psi
0.95 MPa
Substrate
2k Urethane 75451 LORD
2047 psi
14.11 MPa
68 psi
0.47 MPa
Cohesive
2k Acrylic SA1-705 GRY 1:1 ACRALOCK
1966 psi
13.56 MPa
68 psi
0.47 MPa
Substrate
2k Acrylic Scotch-Weld 8010 3M
1907 psi
13.15 MPa
61 psi
0.42 MPa
Adhesive
Cyanoacrylate Gorilla Glue Gorilla Glue
1885 psi
13.00 MPa
432 psi
2.98 MPa
Cohesive
2k Acrylic Crestabond PP-04 Scott Bader
1873 psi
12.91 MPa
281 psi
1.94 MPa
Substrate
2k Acrylic SA10-05 Blk 10:1 ACRALOCK
1779 psi
12.27 MPa
127 psi
0.88 MPa
Cohesive
2k Urethane 75422 LORD
1716 psi
11.83 MPa
190 psi
1.31 MPa
Cohesive
Adhesive
2k Urethane 75452 LORD
1535 psi
10.58 MPa
98 psi
0.68 MPa
Adhesive
2k Methacrylate PolyFuse
Icon
Containment
1610 psi
11.10 MPa
98 psi
0.68 MPa
Adhesive
INTERMEDIATE ADHESION
2k Acrylic
FA10-05 Blk
C010817
ACRALOCK
724 psi
4.99 MPa
58 psi
0.40 MPa
Cohesive
2k Acrylic FA10-05 Blk1 ACRALOCK
722 psi
4.98 MPa
44 psi
0.30 MPa
Cohesive
2k Epoxy
Loctite Epoxy
Instant Mix
Loctite
508 psi
3.50 MPa
81 psi
0.56 MPa
Adhesive
2k Epoxy Gorilla Epoxy Gorilla Glue
341 psi
2.35 MPa
198 psi
1.37 MPa
Adhesive
NOT RECOMMENDED
2k Epoxy
Loctite Epoxy
Marine
Loctite 0 0 No bond
ADHESIVE SELECTION
Brand names of the adhesives are owned by the respective manufacturers.
Reference to them does not indicate any affiliation with or endorsement by them.
1 surface sanded with 220 grit scuff prep 2 surface primed with 459T
For more information on installation, adhesives, and fasteners
for specific applications, please contact Avient.