https://www.avient.com/sites/default/files/2020-07/gls-tpe-closurelogic-cap-liner-english.pdf
GLS TPE - Closurelogic Cap Liner - English
CLOSURELOGIC
GMBH
A L U M I N U M C A P L I N E R
• Compliance with food contact regulations
• Seals to glass, PET and aluminum bottles
• Excellent pressure retention for carbonated beverages
• Provided a low migration TPE with
outstanding organoleptic properties
• Enabled processing at temperatures 20°C
lower than comparative materials
GLS™ Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-01/Bergamid Laser Welding Solutions Product Bulletin.pdf
The materials used for laser welding must allow
a minimum 20% transmission rate for laser energy.
To further support customers, Avient offers a range
of value-added services and is ready to collaborate
on part design, material compatibility evaluations,
laser welding process selection and more to drive
success.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2021-12/avient-investor-day-registration-details21.pdf
AVNT-2021.06.30-News Release
1
NEWS RELEASE
FOR IMMEDIATE RELEASE
Avient Announces Registration Details for December 9th Investor Day
CLEVELAND – November 3, 2021 – Avient Corporation (NYSE: AVNT), a leading provider of
specialized and sustainable material solutions, will host an Investor Day for investment
professionals on Thursday, December 9, 2021, from 8:00 a.m. to 1:00 p.m., at the New York
Marriott Marquis hotel.
http://www.avient.com/investors
2
About Avient
Avient Corporation (NYSE: AVNT), with expected 2021 revenues of $4.75 billion, provides
specialized and sustainable material solutions that transform customer challenges into
opportunities, bringing new products to life for a better world.
Examples include:
• Unique technologies that improve the recyclability of products and enable recycled content
to be incorporated, thus advancing a more circular economy
• Light-weighting solutions that replace heavier traditional materials like metal, glass and
wood, which can improve fuel efficiency in all modes of transportation and reduce carbon
footprint
• Sustainable infrastructure solutions that increase energy efficiency, renewable energy,
natural resource conservation and fiber optic / 5G network accessibility
Avient employs approximately 8,400 associates and is certified ACC Responsible Care®, a
founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
https://www.avient.com/sites/default/files/2023-07/Versaflex HC _ Versaflex HC BIO - BT Series Product Overview.pdf
Delivering on critical
application demands, it provides weldability,
kink resistance, and tensile strength performance
comparable to leading medical tubing materials,
including silicone and TPE.
In
addition, these material solutions provide a
proven, one-step processing solution to support
speed to market and manufacturing efficiencies.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2024-02/US_OH_North Baltimore_ ISO_IEC 17025.pdf
No. 0562.01) Revised 05/31/2022 Page 1 of 1
SCOPE OF ACCREDITATION TO ISO/IEC 17025:2017
AVIENT CORPORATION
733 East Water Street
North Baltimore, OH 45872
Claire Holman Phone: (419) 257-1327
MECHANICAL
Valid To: October 31, 2023 Certificate Number: 0562.01
In recognition of the successful completion of the A2LA evaluation process, accreditation is granted to this
laboratory to perform the following automotive plastics tests:
Test Method: Test Name:
ASTM D412 Tensile
ASTM D523 Specular Gloss
ASTM D618 (A) Conditioning of Plastics
ASTM D624 (Die C) Tear Strength
ASTM D638 Tensile Properties
ASTM D792 (A) Density and Specific Gravity by Displacement
ASTM D1004 Initial Tear Resistance
ASTM D1203 (A) Volatile Loss
ASTM D1895 (A) Apparent Density, Bulk Factor, Pourability
ASTM D1921 Particle Size (Sieve Analysis)
ASTM D2240 Durometer Hardness (Shore A and D)
ASTM E1331 Color by Spectrophotometry Using Hemispherical Geometry
FMVSS 571.302 Flammability
FORD BN-102-01 (A) Low Temperature Flexibility
FORD BO-131-03 Interior Odor
ISO 3795 Determination of Burning Behavior of Interior Materials
SAE J323 (A) Cold Cracking (Mandrel Bend)
SAE J1351 Hot Odor for Insulation Materials
SAE J1545 Instrumental Color Difference Measurement
SAE J1756 Fogging Characteristics of Interior Automotive Materials (Photometric Only)
DOC-058151 Angle of Repose
1 Laboratory Developed Method
For the tests to which this accreditation applies, please refer to the laboratory’s Mechanical Scope of Accreditation.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Day%2520Presentation%2520NonGAAP%2520Reconciliation%2520-%2520May%252016%252C%25202012.pdf
Platform operating income mix percentage 2005Y 2008Y 2011Y
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 45.9
Global Color, Additives and Inks 4.3 28.1 43.4
Specialty Platform $ 4.7 $ 45.7 $ 89.3
Performance Products and Solutions 75.7 31.3 62.4
Distribution 19.5 28.1 56.0
SunBelt Joint Venture 91.9 28.6 5.0
Corporate (51.5) (425.1) 20.3
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 233.0
Less: Corporate operating expense (income) 51.5 425.1 (20.3)
Operating income excluding Corporate $ 191.8 $ 133.7 $ 212.7
Specialty platform operating mix percentage 2% 34% 42%
Pro forma platform operating income mix percentage
2007
Pro forma
2011Y
Specialty Platform $ 30.6 $ 89.3
Pro forma ColorMatrix - 27.7
Specialty Platform pro forma ColorMatrix $ 30.6 $ 117.0
Performance Products and Solutions 65.8 62.4
Distribution 22.1 56.0
SunBelt Joint Venture 34.8 5.0
Corporate (73.3) 20.3
Operating income pro forma ColorMatrix $ 80.0 $ 260.7
Less: Corporate and SunBelt operating income 73.3 (25.3)
Operating income excluding Corporate operating income $ 153.3 $ 235.4
Specialty platform operating mix percentage 20% 50%
Adjusted EPS 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y
Net Income $ 130.9 $ 40.9 $ (417.0) $ 106.7 $ 162.6 $ 172.6
SunBelt and OxyVinyls equity earnings, after tax (68.5) (26.1) (20.8) (19.0) (14.7) (3.7)
Special items, after tax (21.2) 41.4 310.0 (31.0) 15.8 (30.5)
Tax adjustments (30.0) (30.7) 147.2 (44.9) (88.3) (42.3)
Adjusted net income $ 11.2 $ 25.5 $ 19.4 $ 11.8 $ 75.4 $ 96.1
Diluted shares 92.8 93.1 92.7 93.4 96.0 94.3
Adjusted EPS $ 0.12 $ 0.27 $ 0.21 $ 0.13 $ 0.79 $ 1.02
Adjusted EPS Q1 2011 Q1 2012
Net Income $ 110.2 $ 20.2
SunBelt equity earnings, after tax (3.7) -
Special items, after tax (79.8) 6.1
Tax adjustments (1.5) 0.1
Adjusted net income $ 25.2 $ 26.4
Diluted shares 96.4 90.7
Adjusted EPS $ 0.26 $ 0.29
Platform sales and operating income (OI) 2005 2006 2007 2008 2009 2010 2011
Global Specialty Engineered Materials Sales $ 282.5 $ 345.3 $ 384.4 $ 514.0 $ 402.9 $ 517.4 $ 575.1
Global Color, Additives and Inks Sales 503.7 531.8 560.5 554.3 459.8 527.4 544.6
Specialty Platform Sales $ 786.2 $ 877.1 $ 944.9 $ 1,068.3 $ 862.7 $ 1,044.8 $ 1,119.7
Performance Products and Solutions Sales 1,136.3 1,166.2 1,086.8 1,001.4 667.7 776.3 865.4
PolyOne Distribution Sales 679.2 732.8 744.3 796.7 625.1 911.9 996.5
Corporate and Eliminations (151.1) (153.7) (133.3) (127.7) (94.8) (111.1) (118.1)
Total Sales $ 2,450.6 $ 2,622.4 $ 2,642.7 $ 2,738.7 $ 2,060.7 $ 2,621.9 $ 2,863.5
Pro forma ColorMatrix Sales 196.0
Total sales pro forma ColorMatrix $ 3,059.5
Global Specialty Engineered Materials OI $ 0.4 $ 3.9 $ 4.9 $ 17.6 $ 20.6 $ 49.7 $ 45.9
Global Color, Additives and Inks OI 4.3 8.9 25.7 28.1 25.2 37.7 43.4
Specialty Platform OI $ 4.7 $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 89.3
Performance Products and Solutions OI 75.7 64.2 65.8 31.3 33.1 54.0 62.4
PolyOne Distribution OI 19.5 19.2 22.1 28.1 24.8 42.0 56.0
Sunbelt Joint Venture OI 91.9 102.9 34.8 28.6 25.5 18.9 5.0
Corporate and eliminations (21.8) (4.6) (25.5) (28.9) (40.8) (32.5) (26.4)
Special items (29.7) 39.1 (47.8) (396.2) 48.7 4.8 46.7
Operating income (loss) GAAP $ 140.3 $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 233.0
Sunbelt equity income (72.5) (107.0) (40.8) (32.5) (29.7) (23.1) (5.7)
Special items 29.7 (39.1) 47.8 396.2 (48.7) (4.8) (46.7)
Operating income adjusted $ 97.5 $ 87.5 $ 87.0 $ 72.3 $ 58.7 $ 146.7 $ 180.6
Operating income pro forma ColorMatrix 27.7
Operating income adjusted pro forma ColorMatrix
$ 208.3
Global Specialty Engineered Materials - OI as a
percentage of sales 0.1% 1.1% 1.3% 3.4% 5.1%
9.6%
8.0%
Global Color, Additives and Inks - OI as a
percentage of sales 0.9% 1.7% 4.6% 5.1% 5.5%
7.1%
8.0%
Specialty platform OI as a percentage of sales 0.6% 1.5% 3.2% 4.3% 5.3% 8.4% 8.0%
Specialty platform OI as a percentage of sales -
pro forma ColorMatrix
8.9%
Global Color, Additives and Inks OI as a
percentage of sales – pro forma ColorMatrix
9.6%
PP&S operating OI as a percentage of sales 6.7% 5.5% 6.1% 3.1% 5.0% 7.0% 7.2%
Distribution OI as a percentage of sales 2.9% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6%
PolyOne OI adjusted, as a percentage of sales 4.0% 3.3% 3.3% 2.6% 2.8% 5.6% 6.3%
PolyOne OI adjusted, pro forma for ColorMatrix,
as a percent of sales
6.8%
Operating income (OI) Q1 2011 Q1 2012
Global Specialty Engineered Materials OI $ 14.0 $ 11.8
Global Color, Additives and Inks OI 11.2 17.3
Specialty Platform OI $ 25.2 $ 29.1
Performance Products and Solutions OI 14.3 17.8
PolyOne Distribution OI 14.7 16.7
Corporate and eliminations (1.6) (10.2)
Special items 127.2 (8.5)
Operating income (loss) GAAP $ 179.8 $ 44.9
Research and Development (R&D) – Pro forma ColorMatrix 2011
PolyOne R&D $ 36.9
ColorMatrix R&D 3.6
Pro forma R&D $ 40.5
Gross Margin as a percentage of Sales
2006 2011
2011
Pro forma
ColorMatrix
Specialty platform sales $ 877.1 $ 1,119.7 $ 1,315.7
Specialty platform gross margin 125.2 263.4 345.9
Specialty platform gross margin percentage 14.3 % 23.5 % 26.3 %
Average Debt Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Average
PolyOne Debt $ 452.9 $ 432.9 $ 432.9 $ 432.9 $ 707.0 n/a
Pro forma ColorMatrix 274.1 274.1 274.1 274.1 - n/a
Total Debt $ 727.0 $ 707.0 $ 707.0 $ 707.0 $ 707.0 $ 711.0
Average Equity Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 Average
PolyOne $ 516.0 $ 615.2 $ 629.6 $ 608.5 $ 588.3 $ 591.5
https://www.avient.com/sites/default/files/2022-06/Complet REC Technical Bulletin.pdf
COMPLĒT REC PIR NYLON 66 COMPARISON
Complēt REC PIR PA66 materials are available in black or natural.
COMPLĒT REC PCR NYLON 6 COMPARISON
Complēt REC PCR PA6 materials are available in black.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Press Release.pdf
CLEVELAND – November 2, 2023 – Avient Corporation (NYSE: AVNT), a leading provider of
specialized and sustainable material solutions, today announced its third quarter 2023 results.
They are based on
management's expectations that involve a number of business risks and uncertainties, any of
which could cause actual results to differ materially from those expressed in or implied by the
forward-looking statements.
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023 2022 2023 2022
Sales:
Color, Additives and Inks $ 486.5 $ 565.6 $ 1,548.0 $ 1,864.2
Specialty Engineered Materials 267.9 258.2 878.4 743.6
Corporate (0.7) (0.5) (2.6) (1.3)
Sales $ 753.7 $ 823.3 $ 2,423.8 $ 2,606.5
Gross margin:
Color, Additives and Inks $ 156.8 $ 161.3 $ 482.9 $ 546.8
Specialty Engineered Materials 78.3 66.9 263.7 201.3
Corporate (39.8) (32.8) (63.0) (37.4)
Gross margin $ 195.3 $ 195.4 $ 683.6 $ 710.7
Selling and administrative expense:
Color, Additives and Inks $ 92.3 $ 92.7 $ 284.8 $ 290.1
Specialty Engineered Materials 48.0 35.5 150.6 96.4
Corporate 20.7 26.6 94.5 81.3
Selling and administrative expense $ 161.0 $ 154.8 $ 529.9 $ 467.8
Operating income:
Color, Additives and Inks $ 64.5 $ 68.6 $ 198.1 $ 256.7
Specialty Engineered Materials 30.3 31.4 113.1 104.9
Corporate (60.5) (59.4) (157.5) (118.7)
Operating income $ 34.3 $ 40.6 $ 153.7 $ 242.9
Depreciation & amortization:
Color, Additives and Inks $ 24.6 $ 24.2 $ 76.1 $ 76.1
Specialty Engineered Materials 20.5 12.9 61.6 28.4
Corporate 1.3 2.7 6.8 9.2
Depreciation & Amortization $ 46.4 $ 39.8 $ 144.5 $ 113.7
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 89.1 $ 92.8 $ 274.2 $ 332.8
Specialty Engineered Materials 50.8 44.3 174.7 133.3
Corporate (59.2) (56.7) (150.7) (109.5)
Other income (expense), net 1.0 (32.3) 1.5 (31.3)
EBITDA including special items $ 81.7 $ 48.1 $ 299.7 $ 325.3
Special items in EBITDA 41.0 71.2 88.1 75.6
Total Company, EBITDA adjusted $ 122.7 $ 119.3 $ 387.8 $ 400.9
13
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current profitability
levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2023-07/TPEs for Healthcare Industry Bulletin.pdf
Versaflex™ & Versalloy™ Specialty Engineered Materials
Thermoplastic Elastomers for Healthcare Applications
Delivering specialized thermoplastic elastomer (TPE) solutions for demanding healthcare applications,
Avient has performance-grade materials that are approved for USP VI, ISO 10993-4 and 10993-5.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/resources/PolyOne_English-Thai_Terms_and_Conditions.pdf
Seller has no liability
for the failure of discharge or unloading
equipment or materials used by Buyer, whether
or not supplied by Seller.
In the event of a force majeure,
Seller has no obligation to purchase material
for resale to Buyer, and no liability for cost to
cover incurred by Buyer.
Buyer
acknowledges that Seller has furnished to
Buyer Material Safety Data sheets, which
include warnings together with safety and
health information concerning the Product
and/or the containers for such Product.