https://www.avient.com/knowledge-base/article/enhance-electric-vehicle-battery-design-and-performance?sust[]=1133
Cost-Effectiveness: Using engineered polymers in electric vehicle batteries can contribute to cost savings throughout the manufacturing process.
Polymers can be processed at a lower cost than metals, reducing overall material expenses.
Additionally, polymers' lightweight nature lowers transportation costs and simplifies assembly processes.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Italian.pdf
Altre politiche e procedure Avient potrebbero
darvi le informazioni più specifiche di cui avete bisogno.
In casi di emergenza, seguite le procedure
di segnalazione locali o contattate le autorità.
R: non provate mai a indovinare quando avete a
che fare con le procedure ambientali.
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
This is due
to the inherent difficulty of forecasting the timing and amount of certain items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs.
Outdoor High Performance) 8 18% 3
Growth in Asia / LATAM 6 3% 2
Other 100 19% 5
Sub-total $1,327 14% $146
Outdoor High Performance Impact (5) (3)
Wage Inflation and Overtime (11)
Other Supply Chain Costs (4)
Synergies 5
Incentives, Other Employee Costs 8
FX (28) (5)
Q1 2022 $1,294 11% $136
Q1 2022 SALES AND OPERATING INCOME
Sales Growth Rate
Operating
Income$ millions
EBITDA
Q1 EBITDA BRIDGE
12
Price increases more than
offset raw material and
supply chain impacts
Q1 2021 $ 161
Demand (23)
$ millions
CAI:
Price / Mix 77
Inflation (54)
SEM:
Price / Mix 41
Inflation (26)
Distribution:
Price / Mix 84
Inflation (82)
Net Price Benefit 40
Wage Inflation and Overtime (11)
Other Supply Chain Costs (4)
Synergies 5
Incentives, Other Employee Costs 8
FX (5)
Q1 2022 $ 171
China Lockdowns / Russia Impact $ (7)
Transportation (7)
Outdoor High Performance (3)
Q1 EPS BRIDGE
13
Q1 2021 - Adjusted EPS 0.89$
CAI 0.08
Specialty Engineered Materials 0.06
Distribution 0.00
Corporate Costs 0.02
F/X (0.04)
Segment OI 0.12
Tax Rate (0.02)
Q1 2022 - Adjusted EPS 0.99$
2022 O U T LO O K
REVENUE GROWTH DRIVERS
Growth Drivers Long-Term
Growth Rate
2022E
Growth Rate
Sustainable Solutions 8–12% 12%
Healthcare 8–10% 10%
Composites 10% 5%
Asia / LATAM 5% 5%
Other (GDP growth) 2–3% 2–3%
Avient 6.5% 6%
15
Excluding Outdoor High Performance 20%
(8% excl.
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
43
Capex / Revenue
2022E (%)
AVIENT IS ASSET LIGHT
Avient Specialty
Other
2 2 2
3 3
7 7
8
P
PM AV
N C
Source: Peer data per Bloomberg market data as of April 21, 2022.
https://www.avient.com/idea/heighten-automotive-interior-aesthetics-and-appeal
A high productivity manufacturing process that drives low per-part cost is crucial for dealing with cost pressures.
Reduce Total System Cost
TPEs work to reduce costs in other ways too.
https://www.avient.com/company/policies-and-governance/it-systems-use-policy
Avient provides User access to Information Systems to facilitate business communications and advance Avient business objectives.
Use all Information Systems consistent with their intended purpose, Avient business objectives, and the Code of Conduct;
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_France.pdf
D’autres
politiques et procédures d’Avient peuvent fournir les
informations plus spécifiques dont vous avez besoin.
En cas d’urgence, suivez les procédures de signalement
locales ou contactez les autorités.
R : Ne faites jamais de supposition lorsque vous
avez affaire à des procédures environnementales.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Canada.pdf
Vous devez également vous conformer
à toutes les politiques, procédures et règles de travail et
de conduite d’Avient.
En cas
d’urgence, suivez les procédures locales de signalement
ou communiquez avec les autorités.
R : Ne prenez aucun risque quand il est question
de procédures environnementales.
https://www.avient.com/idea/strength-low-weight-and-greater-flexibility
The material met all of the company’s performance requirements and offered cost benefits as well.
Injection molding = cost savings: Compared with metal fabrication and its time-consuming secondary operations, injection-molded plastics are produced as a net-shape part in a single step, which boosts productivity and lowers system costs.
And the material costs for Bergamid resin are lower than those of bent steel plate.
https://www.avient.com/company/sustainability/sustainability-report/reporting/sasb
Environmental Protection Agency’s (EPA) Toxic Substance Control Act (TSCA) inventory reset rule.
https://www.avient.com/sites/default/files/2023-07/Avient_RY 2022 CDP Verification Opinion Declaration_07-24-23%5B30%5D.pdf
Energy:
o Diesel Fuel Consumption: 4,754,671 kWh
o Natural Gas Fuel Consumption: 184,415,668 kWh
o Renewable Energy Consumed - Self Generated (solar): 260,378 kWh
o Renewable Energy Consumed - Self Generated (Wind): 2,554,186 kWh
o Grid Electricity Consumed: 436,400,546 kWh
Page 2
WATER RESOURCES • ENVIRONMENTAL SERVICES • INDUSTRIAL HYGIENE • SAFETY • SUSTAINABILITY
Apex Companies, LLC • (800) 733‐2739 • www.apexcos.com
o Renewable Energy Credits (REC) Purchased: 100,691,000 kWh
o Renewable Electricity Consumed – Offsite: 128,982,866 kWh
Period covered by GHG emissions verification:
January 1, 2022 to December 31, 2022
GHG Reporting Protocols against which verification was conducted:
World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD)
Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (Scope 1 and 2)
and the GHG Protocol Scope 2 Guidance, an amendment to the GHG Protocol Corporate Standard
WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard
Verification Protocols used to conduct the verification:
ISO 14064-3 Second Edition 2019-04: Greenhouse gases - Part 3: Specification with guidance for the
verification and validation of greenhouse gas statements
Apex’s standard procedures and guidelines for external Assurance of Sustainability Reports and
International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other
than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after
Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board.
Level of Assurance and Qualifications:
Limited
This verification used a materiality threshold of ±5% for aggregate errors in sampled data for each of the
above indicators
GHG Verification Methodology:
Evidence-gathering procedures included, but were not limited to:
Interviews with relevant personnel of Avient and their consultant;
Review of documentary evidence produced by Avient;
Review of Avient data and information systems and methodology for collection, aggregation, analysis and
review of information used to determine GHG emissions; and
Audit of sample of data used by Avient to determine GHG emissions.
Verification Opinion:
Based on the verification process and procedures conducted to a limited assurance level of the GHG emissions
statement shown above, Apex found no evidence that the GHG emissions statement:
is not materially correct and is not a fair representation of the GHG emissions data and information; and
has not been prepared in accordance with the WRI/WBCSD GHG Protocol Corporate Accounting and
Reporting Standard (Scope 1 and 2), and WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain
Accounting and Reporting Standard (Scope 3).