https://www.avient.com/sites/default/files/2023-10/Complet LFT - Aerospace Seating Component - case study snapshot.pdf
TIER 1 AEROSPACE SUPPLIER S E A T I N G S T R U C T U R A L C O M P O N E N T • Reduce weight to improve fuel economy • Pass FAA flame, smoke, toxicity requirements • Meet structural requirements • Simplify manufacturing process • Lowered weight ~40% versus aluminum while maintaining the strength performance properties • Formulated a PES material to satisfy flame, smoke, toxicity (FST) standards for commercial aircraft • Passed and/or exceeded customer’s impact testing specifications • Provided an injection moldable hybrid glass/carbon fiber solution that enabled lower viscosity and better processability for thin wall parts Complēt™ Long Hybrid (Carbon + Glass) Fiber Reinforced PES Composite KEY REQUIREMENTS WHY AVIENT?
All Rights Reserved. https://www.avient.com/products/long-fiber-technology/long-fiber-technologies/compl-t-long-fiber-reinforced-structural-thermoplastics
https://www.avient.com/sites/default/files/2024-09/Maxxam FR Polyolefin Formulations - Product Overview.pdf
Temp (HDT 0,45 MPa) °C 60–100 80–145 80–160 40–80 60–120 60–110 60–100 80–145 80–145 40–80 60–120 60–110 Flammability, UL94 Step V2-V0/5VA V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 V2-V0 Glow Wire Flammability Index °C 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960 750–960 CTI V 450–00 450–600 450–600 450–600 450–600 450–600 350–600 350–600 350–600 350–600 350–600 350–600 Oil Resistance – + + + + + + + + + + + + Drying Required – Y Y Y Y Y Y Y Y Y Y Y Y Process (IM, EX, BM)1 – (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) (IM, EX) Other Modifications2 – Impact, HS, UV, LM GB, T, HS, UV, LM GF, HS, UV, LM Impact, HS, UV, LM GB, T, HS, UV, LM GF, HS, UV, LM Impact, HS, UV, LM GB, T, HS, UV, LM GF, HS, UV, LM Impact, HS, UV, LM GB, T, HS, UV, LM GF, HS, UV, LM Descriptions Lower density with moderate strength.
GF: glass Fiber, GB: Glass Bead, T: Talcum Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2021-01/amendment-to-articles-commercial-registration-avient-corporation.pdf
James DOC ID ----> 202018203934 S T A T E OF O H I O C E R T I F I C A T E Ohio Secretary of State, Frank LaRose 4463782 It is hereby certified that the Secretary of State of Ohio has custody of the business records for and, that said business records show the filing and recording of: AVIENT CORPORATION United States of America State of Ohio Office of the Secretary of State Witness my hand and the seal of the Secretary of State at Columbus, Ohio this 23rd day of April, A.D. 2020.
Ohio Secretary of State 202011402526NAME RESERVATION Document(s) Document No(s): C T CORPORATION SYSTEM 4400 EASTON COMMONS WAY SUITE 125 COLUMBUS, OH 43219 This is not a bill.
https://www.avient.com/sites/default/files/2022-09/PREPERM for 5G Application Bulletin %281%29.pdf
Di el ec tr ic co ns ta nt Lo ss ta ng en t Di el ec tr ic co ns ta nt Frequency [GHz] Frequency [GHz] Pallet number (1250 kg/pallet) PREPERM™ PPE950 PREPERM™ PPE800 PREPERM™ PPE440 PREPERM™ PPE320 PREPERM™ PPE260 -- Dielectric constant target -- +/- 2% 3,76 3,78 3,80 3,82 3,84 3,86 3,88 3,90 3,92 3,94 0 1 2 3 4 5 6 7 8 D ie le ct ri c co ns ta nt P a llet number (1250 k g/pa llet ) Die le ctric cons ta nt ta rge t +/- 2 % 0,000 0,002 0,004 0,006 0,008 0,010 0 10 20 30 40 50 60 Lo ss t a ng en t F requency [GHz ] PR E PE RM® PPE 95 0 PR E PE RM® PPE 80 0 PR E PE RM® PPE 44 0 PR E PE RM® PPE 32 0 PR E PE RM® PPE 26 0 0,000 0,002 0,004 0,006 0,008 0,010 0 10 20 30 40 50 60 Lo ss t a ng en t F requency [GHz ] PR E PE RM® PPE 95 0 PR E PE RM® PPE 80 0 PR E PE RM® PPE 44 0 PR E PE RM® PPE 32 0 PR E PE RM® PPE 26 0 0,000 0,002 0,004 0,006 0,008 0,010 0 10 20 30 40 50 60 Lo ss t a ng en t F requency [GHz ] PR E PE RM® PPE 95 0 PR E PE RM® PPE 80 0 PR E PE RM® PPE 44 0 PR E PE RM® PPE 32 0 PR E PE RM® PPE 26 0 Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Microsoft PowerPoint - AVNT Q3 2022 Earnings Presentation AVIENT CORPORATION T H I R D Q U A R T E R 2 0 2 2 R E S U L T S (NYSE: AVNT) N OV E M B E R 2 , 2 0 2 2 DISCLAIMER 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.
Purchase price multiple rapidly declining on strength of business and synergy capture 7 $133 $201 2019PF 2022E 7 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.4x 2019PF 2021 2022E w/ Full Synergies (1) (1) 11.9% 16.3% 2019PF 2022E EBITDA Margins (1) CLARIANT COLOR: TRANSFORMATIONAL ACQUISITION ($ in millions) (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 $2.3B Proceeds TPE PP&S HISTORIC SPECIALIZATION THROUGH M&A 8 Distribution DSM Protective Materials BOLT-ON ACQUISITION HISTORY 9 Commercial Resources Operating Income ($ in millions) Operating Margins 259 363 At Acquisition 2022E $40 $139 At Acquisition 2022E 9% 22% At Acquisition 2022E 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 7% 46% 67% 86% 100% 0% 20% 40% 60% 80% 100% 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) 10 Healthcare 4% Packaging 8% Consumer 10% Building & Construction 43% Industrial 15% Transportation 14% Energy 4% Telecom. 2% 2006 2022 Pro Forma Healthcare 8% Packaging 23% Consumer 21% Building & Construction 10% Industrial 15% Transportation 9% Energy 4% Telecom. 4% Defense 6% END MARKET FOCUS ON LESS CYCLICAL INDUSTRIES 11 14.8% 17.6% 21.0% 2018 2020 2022 PF 1.8% 2006 15.3% 16.2% 17.0% 2018PF 2020PF 2022E CAI 2.7% 2006 SEM SPECIALTY EBITDA MARGIN EXPANSION 12 • Portfolio transformation accelerates growth in less cyclical, higher margin end markets • Investments in our composites platform continue to drive margin expansion (1) (1) (1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition PORTFOLIO EVOLUTION OVER THE YEARS 13 Adj.
EBITDA Margins (1) • Focus on organic growth combined with transformative and bolt-on acquisitions • Divested commodity businesses tied to more cyclical end markets • Expanded presence in high growth areas of sustainable solutions, specialty healthcare applications, composites and more resilient end markets 5.4% 11.5% 16.1% 2006 2018 2022PF $142 $408 $585 2006 2018 2022PF 2006 figures exclude joint venture results 14 RETURNING CASH TO SHAREHOLDERS Growing Dividend 0.1 0.1 0.2 0.5 0.6 0.7 0.8 0.9 0.9 1.0 1.0 1.0 11 12 13 14 15 16 17 18 19 20 21 22 0.16 0.20 0.26 0.34 0.42 0.50 0.58 0.72 0.79 0.81 0.85 0.95 0.99 11 12 13 14 15 16 17 18 19 20 21 22 23 ~$1Bn REPURCHASED OVER LAST 11 YEARS ~$550MM PAID OVER LAST 11 YEARS Dividends Share Repurchases Cumulative Buybacks $B n $ p e r sh ar e $2.95 2022 PRO FORMA ADJUSTED EPS Earnings Growth Expanding Profitability $0.15 $1.09 $2.08 $2.67 $2.95 2009 2012 2015 2018 2022PF T H IR D Q UART ER 2022 RE S U LTS $110 $119 2021 2022 $0.61 $0.59 2021 2022 Q3 2022 PERFORMANCE (TOTAL COMPANY CONT.
https://www.avient.com/sites/default/files/2022-03/Trilliant HC Conductive Pipette Tips Application Snapshot.pdf
LEADING BIOTECH MANUFACTURER C O N D U C T I V E P I P E T T E T I P S • Accuracy of liquid measurements • Hydrophobic properties to minimize fluid retention • Concentric dimensional stability and warp resistance • High flow properties for multi-cavity molds • Offered consistent electrical conductivity to achieve repeatable part performance and minimize failures from inconsistent conductivity • Provided high flow grade with easy processing to improve efficiency and cost effectiveness • Achieved high stiffness and warp resistance, minimizing the rejection rate Trilliant™ HC Conductive Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2023-12/Versaflex TPEs for Gasket of Radial Artery Hemostat_Final.pdf
artery tourniquet ARTERY TOURNIQUET MANUFACTURER G A S K E T O F R A D I A L A R T E R Y H E M O S T A T • Super soft feeling • Increased production efficiency by simple injection process • High transparency • Delivered a series of soft-touch TPEs capable of meeting the desired feel • Formulated solutions to comply with FDA regulation for skin contact • Provided easy molding and assembling by onsite technical and customized durometer Customized Versaflex™ TPEs KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2024-08/Versaflex-Seat Belt Tether Cover-Case study Snapshot.pdf
LEADING EV MANUFACTURER S E A T B E L T T E T H E R C O V E R • Good abrasion resistance • Excellent weather resistance • Nice flexibility and elasticity • Offered a TPE that withstood mechanical stress and friction, helping to prolong the lifespan of the cover • Delivered good resistance to various environmental factors such as UV radiation, moisture, and extreme temperatures • Provided a solution easily processed and molded using standard thermoplastic processing techniques Versaflex Thermoplastic Elastomers KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2024-08/Versaflex-Seat Ventilation Tube-Case study Snapshot_0826.pdf
Seat Ventilation Tube Case Study Snapshot LEADING LUXURY CAR MANUFACTURER S E A T V E N T I L A T I O N T U B E • Reliable sealing performance • Good bonding ASA+PBT • Excellent chemical resistance and good flexibility • Provided a TPE with good flexibility to maintain a tight seal within the ventilation system, preventing air leaks and ensuring efficient airflow • Formulated a durable and chemically resistant grade to help withstand the various stresses and environmental conditions that the ducts may encounter • Offered quick technical support to fix the leak problem for customer Versaflex Thermoplastic Elastomers KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-11/Seat Buckle System Application Snapshot.pdf
TIER 1 SUPPLIER S E A T B U C K L E S Y S T E M • Rapid development of 3 colors for global OEM platform, for 3 materials (POM, SAN, PP) • Help Tier 1 transition from printing to laser marking of buckles • Develop formulation that offers laser marking solution plus color • Quick reaction to develop three colors for this global vehicle launch • Smartbatch™ color + laser marking formulation met requirements for critical safety components Smartbatch™ Combination Colorants & Additives KEY REQUIREMENTS WHY AVIENT?