https://www.avient.com/sites/default/files/2024-05/Responsible Care_14001 Global Cert_Avient_2024.pdf
Design and Manufacture of Custom PVC Plastisol and PVC Slush Mold Powder 65536-50633Certificate No: Page 33 of 53 ABS Quality Evaluations ABS Quality Evaluations, Inc. 1701 City Plaza Drive, Spring, TX 77389, U.S.A.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Performance%2520Products%2520and%2520Solutions.pdf
Rosenau Page 84 United States 81% Europe Canada 15% Asia 2% 2011 Revenue: $0.9 Billion2011 Revenue: $0.9 Billion SolutionsSolutions At a Glance Performance Products and Solutions Europe 2% 2% $400 $600 $800 $1,000 $1,200 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 2006 2007 2008 2009 2010 2011 2015 S a le s ($ m il li o n s) O p e ra ti n g I n co m e % o f S a le s Operating Income % and Revenue 2011 Revenue by Industry Segment2011 Revenue by Industry Segment Expanding ProfitsExpanding Profits OI % of Sales Sales 9-12% Appliance 4% Building & Construction 30% Wire & Cable 17% Electrical & Electronics 2% Consumer 4% Packaging 9% Industrial 20% Misc. 2% HealthCare 2% Transportation 8% Textiles 2% Target Page 85 • Trend toward more affordable housing favors our product 1.5 2.0 2.5 Housing Starts (in million units) 50 year average Market Dynamics Performance Products and Solutions • Ultimate housing recovery presents substantial upside to already record- setting results Source: Historical Data from the US Census Bureau, 2012 estimate is a PolyOne projection. 0.0 0.5 1.0 '87 '89 '91 '94 '96 '98 '00 '02 '04 '06 '08 '10 '12 Page 86 Value Proposition • Premier provider of specialized vinyl and supply chain solutions, leading the industry in innovation and service Transformation Highlights • Management upgrades ensure that each PP&S business Value Proposition and Transformation Highlights Performance Products and Solutions • Management upgrades ensure that each PP&S business maximizes performance • Asset realignment and Lean Six Sigma reduce costs • Strengthened relationship with winning customers • Increased differentiation in all business units > $12B Addressable Market Page 87 Key Differentiators Performance Products and Solutions • Providing application design, material design and / or process design assistance not available from competitors • Capability to improve joint value streams • We are the best innovator in our space • We are the best innovator in our space • Expanding customers’ opportunities by providing innovative materials and marketing ideas • We provide world-class customer service and delivery performance Page 88 13.7% 14.3% 15.5% 9.9% 6.2% 5.4% 2006 2007 2008 2009 2010 2011 WC % of Sales • Best-in-class working capital management and delivery performance • Improved raw material Areas of Focus – Operational Excellence Performance Products and Solutions 2006 2007 2008 2009 2010 2011 89.1% 92.0% 94.2% 93.4% 93.4% 94.0% 2006 2007 2008 2009 2010 2011 On-Time Delivery • Improved raw material positions, sourcing savings • PolyOne pilot site for many LSS and manufacturing excellence programs *As measured to customer request date * Page 89 • reFlexTM Bioplasticizers Applications: Wide variety of flexible vinyl-based products • GeonTM HC for Healthcare � Applications: Medical device housings, specialty tubing � Customer benefits: Withstand aggressive antiseptics Key Innovations Performance Products and Solutions � Applications: Wide variety of flexible vinyl-based products � Customer benefits: Lower carbon footprint, improved productivity • GeonTM SF Super Flow � Applications: Large appliance parts, molded siding panels � Customer benefits: Flame retardancy, detergent resistance Page 90 Critical Imperatives and 2015 Goal Performance Products and Solutions Critical Imperatives • Accelerate innovation - grow in new applications not historically served with vinyl • Drive continuous improvement in manufacturing and working capital efficienciesworking capital efficiencies • Selectively leverage construction recovery 2015 Goal • 9 - 12% return on sales Page 91 Page 92
https://www.avient.com/sites/default/files/2022-02/Sustainability ESG Disclosures_Titanium Dioxide.pdf
If accidental exposure occurs, use of personal protective equipment such as an approved respirator, chemical resistant gloves, chemical goggles, and protective clothing should be utilized whenever appropriate.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Global%2520Color%252C%2520Additives%252C%2520and%2520Inks.pdf
Van Hulle Page 53 United States 33% Europe 47% Canada Asia 12% Latin America Eastern Europe 2% 2011 Revenue: $0.7 Billion*2011 Revenue: $0.7 Billion* SolutionsSolutions At a Glance Global Color, Additives, and Inks Building & Construction 11% Wire & Cable 15% Consumer 6% Packaging 36% Industrial 10% Misc. 7% HealthCare 3% Transportation 6% Textiles 6% Canada 1% Latin America 5% 2011 Revenue by Industry Segment*2011 Revenue by Industry Segment* *Pro forma for the acquisition of ColorMatrix Expanding ProfitsExpanding Profits 1.7% 4.6% 5.1% 5.5% 7.1% 9.6% 12-16% 2006 2007 2008 2009 2010 2011PF 2015 Operating Income % of Sales Target Page 54 Value Proposition • GCAI is a global leader enabling OEMs and converters to profitably expand their business with customized color and additive solutions Transformation Highlights • Mix improvement and value-based selling has Value Proposition and Transformation Highlights Global Color, Additives, and Inks • Mix improvement and value-based selling has driven nearly 800 basis points increase in operating margin since 2006 • 2011 acquisition of ColorMatrix accelerates innovation pipeline and expansion into new markets > $12B Addressable Market Page 55 • Unbiased, solution-based culture selling value �Customer-centric approach � Economic value impact documented for customers • Complete package, product range and service offering �Custom solutions for customers’ unique requirements Key Differentiators Global Color, Additives, and Inks �Custom solutions for customers’ unique requirements � Industry-leading service offering • Coordinated global infrastructure �Consistency in product and customer service � Supply-chain reliability Page 56 From Volume Commodity white dominated mix To Value Focus on specialty color Global Film Customer Volume Revenue Gross Margin $ Mix Transformation – Executing the Strategy Global Color, Additives, and Inks 2010 2011 2010 2011 2010 2011 Page 57 Global Packaging Customer Volume Sales Gross Margin $ From Volume Commodity white dominated mix To Value Focus on specialty color Mix Transformation – Executing the Strategy Global Color, Additives, and Inks 2010 2011 2010 2011 2010 2011 Page 58 • OnColor™ HC Plus � Applications: Medical devices � Customer benefits: Brand enhancement, expanded market opportunities, speed-to-market • WithStand™ Antimicrobial Solutions � Applications: Healthcare devices, appliances, kitchen utensils Key Innovations Global Color, Additives, and Inks � Applications: Healthcare devices, appliances, kitchen utensils and surfaces, children’s toys � Customer benefits: Expanded market opportunities, extended product life • OnCap™ Antifog � Applications: Food packaging � Customer benefits: Extended shelf life, improved product aesthetics, production efficiencies Page 59 • $1.5 billion attractive, growing market • Additives improve performance and reduce cost through light-weighting, reduced waste, faster cycle times, and extended shelf life of finished product • Aligned with megatrend of protecting the environment Market Opportunity Shelf-life extension Greater product consistency Weight reduction Performance Additives Global Color, Additives, and Inks the environment Leading Global Supplier of Additives In Fast Growing PET Market consistency Recyclability and reduced carbon footprint Color and special effects Enhanced product aesthetics High heat resistance 4% 4% 8% 9% 9% 10% 11% 14% Western Europe North America South America MEA Easter Europe Asia Pacific China India PET 2008-13P CAGR Page 60 HyGuardTM Oxygen Barrier System • Applications: Beverage containers, food packaging • Function: Active scavenging system for ColorMatrix Innovation Global Color, Additives, and Inks • Function: Active scavenging system for oxygen-barrier improvement • Customer benefits: Extended shelf-life, light-weight, recyclable Page 61 ColorMatrix Innovation Global Color, Additives, and Inks ExceliteTM Foaming Agent • Applications: Vinyl sheet for digital printing • Function: Chemical foaming agent for weight reduction • Customer benefits: Increased product quality, operational efficiencies Page 62 Joule RHBTM Advanced Reheat Technology • Applications: PET containers • Function: Infra-red absorber for improved ColorMatrix Innovation Global Color, Additives, and Inks • Function: Infra-red absorber for improved • Customer benefits: Sustainability, operational and energy savings reheating efficiency Page 63 • Accelerate customer development pipeline with OnColor™ HC Plus • Provide solutions addressing infection concerns in healthcare facilities Areas of Focus Global Color, Additives, and Inks $8.7 $20.0 Healthcare 2006 2011PFconcerns in healthcare facilities • Help customers expand into new markets with HyGuard™ technology • Extend food shelf life and consumer appeal with OnCap™ Anti-Fog $130.2 $268.0 2006 2011PF Packaging 2006 2011PF (Revenue in $ millions) 2006 2011PF 2006 2011PF Page 64 Critical Imperatives and 2015 Goal Global Color, Additives, and Inks Critical Imperatives • Integrate and leverage ColorMatrix technology and customer relationships • Identify and focus on specialty applications within our target markets • Accelerate global expansion and profitability improvements in emerging markets, leveraging success in U.S. and Europe 2015 Goal • 12 - 16% return on sales Page 65 Page 66
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-packingyarn.pdf
They also add important characteristics, such as SWELLCOAT® water-blocking, water repellence, adhe- sion, color, and wear and UV-resistance to these and many other applications.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-belthose-reinforcement.pdf
They also add important characteristics, such as SWELLCOAT® water-blocking, water repellence, adhe- sion, color, and wear and UV-resistance to these and many other applications.
https://www.avient.com/investor-center/news/polyone-signs-agreement-divest-performance-products-and-solutions-business-segment
PP&S is a global provider of formulated PVC and polypropylene based solutions, as well as contract manufacturing services, primarily serving the
https://www.avient.com/sites/default/files/2021-06/avient-ir-presentation-may-2021-w-non-gaap-recs.pdf
Clariant Masterbatch performance will be included in this year’s report. 2021 Sustainalytics ESG Risk Ranking Newsweek Most Responsible Companies 2016 2017 2018 2019 2020PF VOC Reduction Reduced Energy Use Bio-derived Content Eco-conscious Renewable Energy Applications Recyclability Reduced Material Requirements Lightweighting $275M $325M $355M $410M $560M 9 (1) Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”) (2) 2020 is Pro forma to include full year of the Clariant Masterbatch business (2) Revenue from Sustainable Solutions 2016 – 2020 (1) SUSTAINABILITY FOR A BETTER TOMORROW 10 • Revenue from sustainable solutions expected to grow 11% in 2021 as our innovation efforts and collaboration with customers continues to accelerate • Relentless focus on delivering our 2030 sustainability targets to benefit the planet and people of the world while adding value to our customers, communities, associates and shareholders • Investments centered around innovation and global sustainability megatrends o Improving Recyclability – Technologies that allow for increased use of post-consumer recycled (PCR) material o Light-weighting – Composites and CAI applications to reduce weight and material requirements, which minimize energy and carbon emissions o Eco-Conscious – Health and human safety applications as well as Avient’s alternative materials to replace lead, PVC, halogens, BPA and other less eco-friendly options o Avient CycleWorks – New innovation center dedicated to advancing recycling and the circular economy through collaboration with customers and brand owners Enable 100% of products manufactured for packaging applications to be recyclable or reusable.
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Purchase price multiple rapidly declining on strength of business and synergy capture 10 $133 $205 2019PF 2021 10 Clariant Color EBITDA Growth Purchase Price Multiple 10.8x 7.0x 6.1x 2019PF 2021 2021 w/ Full Synergies (1) (1) 11.9% 16.2% 2019PF 2021 EBITDA Margins (1) CLARIANT COLOR: TRANSFORMATIONAL ACQUISITION ($ in millions) (1) Financial information is pro forma to include a full year of Clariant Color business ($ millions) Initial Synergy Estimate 2021 Synergy Realization Total Synergies Expected Administrative $ 18 $ 29 $ 40 Sourcing 24 20 24 Operational 18 5 21 Total Synergies $ 60 $ 54 $ 85 CLARIANT COLOR INTEGRATION & COST SYNERGIES UPDATE 11 • Integration going extremely well: synergy target increased to $85 million at December 9th Investor Day • Relentless focus on guiding principles of safety first, employee collaboration and exceeding customer expectations • Future revenue synergies are not part of these estimates and represent additional growth over the long term SUSTAINABILITY FOR A BETTER TOMORROW 12 • Revenue from sustainable solutions grew 16% in 2021 and expected to grow 8-12% in 2022 as our innovation efforts and collaboration with customers accelerates • Investments centered around innovation and global sustainability megatrends o Enabling a circular economy – Technologies that allow for increased use of post-consumer recycled (PCR) material and improve recyclability of plastics o Light-weighting – Composites and CAI applications to reduce weight and material requirements, which minimize energy and carbon emissions o Eco-Conscious – Health and human safety applications as well as Avient’s alternative materials to replace lead, PVC, halogens, BPA and other less eco-friendly options 12 *Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”) **2020 is Pro Forma to include full year of the Clariant Color business 12 2016 2017 2018 2019 2020PF** 2021 $405M $455M $550M $790M Revenue From Sustainable Solutions* 2016-2021 $915M $340M PEOPLE C U L T U R E I S E V E R Y T H I N G Community Service 7x Safer than Industry Average World-Class Safety Leadership Development Over $16 million raised since 2010 Diversity & Inclusion 13 Q4 2020 $997 $80 Sustainable Solutions 23 12% 8 Healthcare 53 43% 9 Composites 7 22% 2 Growth in Asia / LATAM 14 10% 3 Other 118 23% 2 Sub-total $1,212 22% $104 Wage Inflation and Overtime (11) Other Supply Chain Costs (4) Synergies 9 Incentives, FX, Other Employee Costs (10) (13) Q4 2021 $1,202 21% $85 Q4 2021 SALES AND OPERATING INCOME (TOTAL COMPANY) 14 Sales Growth Rate Adjusted Operating Income$ millions Adjusted EBITDA Q4 EBITDA BRIDGE 15 Price increases more than offsets raw material and supply chain impacts Q4 2020 $ 118 Demand - $ millions CAI: Price / Mix 62 Inflation (45) SEM: Price / Mix 25 Inflation (20) Distribution: Price / Mix 114 Inflation (109) Net Price Benefit 27 Wage Inflation and Overtime (11) Other Supply Chain Costs (4) Synergies 9 Incentives, FX, Other Employee Costs (13) Q4 2021 $ 126 Transportation (5)$ Outdoor High Performance (3) Other 8 Total Demand - Q4 2021 SEGMENT PERFORMANCE 16 CAI $526 $581 Sales ($ in millions) SEM Distribution $58 $61 Operating Income + 11% + 6% $305 $425 Sales $18 $22 Operating Income + 39% + 22% (1) $191 $228 Sales $30 $29 Operating Income + 19% - 3% 2022 O U TLO 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% 3% Asia / LATAM 5% 6% Other (GDP growth) 2–3% 2–3% Avient 6.5% 6% 18 Excluding Outdoor High Performance 13% (7.5% excl.
https://www.avient.com/sites/default/files/resources/PDI_Healthcare_Brochure_2011_0.pdf
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