https://www.avient.com/knowledge-base/case-study/military-grade-protection-us-soldiers?ind[]=6595
Any military organization's top priority is protecting soldiers, and one necessary measure is critical battlefield defense from enemy fire and explosive events.
Army Corps of Engineers and Edwards Design and Fabrication, Inc.
Army Corps of Engineers’ Engineer Research and Development Center (ERDC) Survivability Engineering Branch enlisted the expertise of Edwards Design and Fabrication, an Alabama-based equipment fabricator for commercial and government research and development organizations.
https://www.avient.com/sites/default/files/2021-09/avient2020sustainabilityreport-9-2-21.pdf
As such, we ensure that our operations meet both legal and best-in-class standards.
Awareness remains one of our best defenses, and cybersecurity education is a priority for our associates and business partners.
This score earns us the distinction as a Best Place to Work for LGBTQ Equality.
https://www.avient.com/news/avient-joint-study-borealis-reveals-wide-range-color-options-recycled-plastics
The higher translucency of Borcycle M compounds is one facilitating factor in better color matching, thanks to the materials’ good light transmission and color absorption.
Borealis is one of the world’s leading providers of advanced and sustainable polyolefin solutions and a European front-runner in polyolefins recycling.
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https://www.avient.com/resource-center?document_type=253&document_subtype=216
Design optimization, predictive tools and best practices for working with thermoplastic composite sandwich panels
Overmolding of Thermoplastic Elastomers Engineered Solutions for Consumer Product Differentiation - White Paper
TPE Overmolding Solutions for Engineering Thermoplastics - White Paper
https://www.avient.com/resource-center?document_type=253&document_subtype=216&page=0
Design optimization, predictive tools and best practices for working with thermoplastic composite sandwich panels
Overmolding of Thermoplastic Elastomers Engineered Solutions for Consumer Product Differentiation - White Paper
TPE Overmolding Solutions for Engineering Thermoplastics - White Paper
https://www.avient.com/products/long-fiber-technology/complet-long-hybrid-fiber
Depending on the ratio of long glass to long carbon reinforcement selected, you are able to blend the best of both worlds – long glass fiber's toughness and economical cost with long carbon fiber's robust strength, stiffness and low density.
Encompasses skilled technicians, designers and engineers, all educated specifically in long fiber technology and ready to help.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Proxy%2520Statement.PDF
Diversity is a key characteristic that we will consider, and instruct any third-party search firff m we use to consider, in searches forff future Board members.
Nikrant Senior Vice President, President of Specialty Engineered Materials Stephen D.
Nikrant, Senior Vice President, President of Global Specialty Engineered Materials(1) Stephen D.
https://www.avient.com/knowledge-base/article/continuous-fiber-reinforced-thermoplastic-composites?ind[]=6595
Design engineers know that when high strength-to-weight ratio is required, fiber reinforced polymer FRP) composites are the material of choice.
These factors can help determine which material best suits a particular application, based on processing and functional requirements.
Tensile modulus measures the ratio of stress to strain along an axis and is one way to quantify the strength and stiffness of an FRP material.
https://www.avient.com/news/polyone-highlight-advanced-specialty-solutions-chinaplas-2014
Vinyl Engineered Performance: Geon™ Vinyl solutions are formulated to provide high flow for easier processing and can be customized in a wide range of bright and metallic-look colors.
Regarded as one of the most influential plastics exhibitions in the world, Chinaplas is held annually and has helped to accelerate the growth of plastics-intensive markets in Asia for the past 30 years.
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https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense associated with intangible assets. 2 3 AVIENT OVERVIEW OUR VISION: Creating specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world 2023 Financial GuidanceCompany Overview 2022 Pro Forma Revenue By: 9,700 Employees 104 Manufacturing Sites 20,000+ Customers Key Highlights Premier formulator of specialized and sustainable material solutions Asset-light business model, with flexibility to adapt to customer needs Best-in-class technology and service (140+ PhDs / 2,500+ patents) History of transformation through successful M&A while consistently returning cash to shareholders Poised for continued future growth in excess of GDP $3.4B Revenue $2.40 Adjusted EPS $530M Adjusted EBITDA 15.6% Adjusted EBITDA Margins $200M Free Cash Flow 2.9x Net Leverage Over $1B in share buybacks since 2011 Raised dividend for 12 consecutive years, a 16% CAGR since 2011 Geography Segment Industry U.S. & Canada EMEA Asia Latin America 64% 36% Specialty Engineered Materials Color Additives and Inks 40% 37% 18% 5% 6% 8% 24% 20% 10% 15% 9% 4% 4% Defense Healthcare Packaging Consumer Building & Construction Industrial Transportation Energy Telecom 4 CREATING A WORLD-CLASS SUSTAINABLE ORGANIZATION 1. 6.5% annualized long term sales growth leveraging sustainable solutions, composites, healthcare and emerging regions 2.
FX -11% FX -3% Total Avient -14% YoY Comparison against 2022 pro forma results • Aging infrastructure driving need for greater technological advancements and upgrades • Increased focus on strength and capacity of electrical grid plays into further adoption of composites into the market Where Avient Wins: UV, weather-resistance, customized capabilities Best-in-class customer responsiveness Local high-quality manufacturing, unparalleled breadth of portfolio Expanding position in insulators, utility poles, crossarms, and wind energy Avient Confidential 16 ENERGY 16 • Fiber-optic investments from AT&T, Corning, Commscope continue to drive industry toward innovation • $42B BEAD program in Infrastructure Bill to increase cable deployments; well-positioned to capitalize on “Made in America” requirement and “last mile” buildout Where Avient Wins: Flame retardance, weather-resistance enables faster, safer, more reliable connections Local manufacturing, unparalleled breadth of portfolio Expanding position in insulation for wire jacketing, 5G buildout TELECOMMUNICATIONS Source: U.S.
Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Net income from continuing operations attributable to Avient shareholders $ 20.8 $ 0.23 $ 64.4 $ 0.70 Special items, after tax 22.3 0.24 6.4 0.07 Amortization expense, after-tax 15.1 0.16 $ 10.8 $ 0.12 Adjusted net income / EPS $ 58.2 $ 0.63 $ 81.6 $ 0.89 Three Months Ended March 31, Reconciliation of Pro Forma Sales 2023 2022 Sales $ 845.7 $ 892.2 APM pro forma adjustments — 94.9 Pro forma sales $ 845.7 $ 987.1 1 Three Months Ended March 31, Reconciliation to EBITDA and Adjusted EBITDA: 2023 2022 Net income from continuing operations – GAAP $ 21.3 $ 64.7 Income tax expense 7.7 20.0 Interest expense, net 28.8 16.9 Depreciation and amortization 50.5 37.6 EBITDA from continuing operations $ 108.3 $ 139.2 Special items, before tax 27.3 6.7 Depreciation and amortization included in special items (1.8) (2.1) Adjusted EBITDA $ 133.8 $ 143.8 Pro forma APM adjustments — 32.0 Pro forma adjusted EBITDA $ 133.8 $ 175.8 Pro forma adjusted EBITDA as a % of sales 15.8 % 17.8 % Three Months Ended March 31, 2023 2022 Sales: Color, Additives and Inks $ 537.0 $ 649.5 Specialty Engineered Materials 309.7 243.1 Corporate (1.0) (0.4) Sales $ 845.7 $ 892.2 Operating income: Color, Additives and Inks $ 65.6 $ 94.5 Specialty Engineered Materials 43.1 38.3 Corporate (51.6) (30.6) Operating income $ 57.1 $ 102.2 Depreciation & amortization: Color, Additives and Inks $ 25.8 $ 26.0 Specialty Engineered Materials 21.2 7.8 Corporate 3.5 3.8 Depreciation & Amortization $ 50.5 $ 37.6 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 91.4 $ 120.5 Specialty Engineered Materials 64.3 46.1 Corporate (48.1) (26.8) Other income (expense), net 0.7 (0.6) EBITDA $ 108.3 $ 139.2 2 AVNT June IR Conferences w Non GAAP Recs.pdf AVNT Q1 2023 Earnings Presentation.pdf AVNT Q1 2023 Earnings Presentation 5.2 221pm IR Deck - AVNT-2023.03.31 (002).pdf