https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
September 20, 2023 (NYSE: AVNT)Avient Sustainability Day AGENDA WELCOME Bob Patterson INTRODUCTION Jamie Beggs SUSTAINABILITY STRATEGY Walter Ripple SUSTAINABLE SOLUTIONS Michael Garratt, Chris Pederson, Woon Keat Moh SUMMARY Jamie Beggs WRAP UP AND Q+A Bob Patterson Avient Corporation 2 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.
In particular, these include statements relating to future actions; prospective changes in raw material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal proceedings and environmental liabilities; and financial results.
Avient Corporation 18 OUR SUSTAINABILITY PILLARS People are essential to Avient’s sustainability strategy, and we invest accordingly in our associates and within our communities.
https://www.avient.com/company/sustainability/sustainability-report/people/training-and-development
As we build for the Avient of the future, Leadership, Talent and Culture is a strategic driver of our strategy.
Our Chairman’s Achievement Award recognizes excellence and extraordinary efforts in the execution of Avient’s strategy.
This framework is designed to empower every employee—whether leading themselves, others, or the business—to drive our strategy forward with confidence.
https://www.avient.com/investor-center/news/polyone-hires-christopher-pederson-president-specialty-engineered-materials
His most recent role was as vice president of Strategy at
where he was responsible for the company's M&A strategy and execution.
https://www.avient.com/investor-center/news/avient-hires-dr-vinod-purayath-chief-technology-officer
to drive our R&D strategy into the future," said
strategy and investments, and I'm proud to now lead our global technology team, delivering for our customers and our planet."
https://www.avient.com/company/sustainability/sustainability-report/performance/enterprise-risk-management
Our approach to environmental, social, and governance (ESG) matters is deeply integrated into our corporate strategy, reflecting our dedication to ethical conduct and long-term value creation.
Additionally, Avient formed an internal Sustainability Council in 2019 that is responsible for managing sustainability initiatives at all levels of our organization in support of our long-term business strategy.
https://www.avient.com/sites/default/files/2024-09/Complet OnForce LFT Overview _ Brand Brochure.pdf
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Global%2520Engineered%2520Materials.pdf
Nikrant Page 67 United States 36% Europe 36% Canada 2% Asia 20% Latin America 2011 Revenue: $0.6 Billion2011 Revenue: $0.6 Billion SolutionsSolutions At a Glance Global Specialty Engineered Materials Appliance 6% Building & Construction 3% Wire & Cable 14% Electrical & Electronics 14%Consumer 21% Packaging 5% Industrial 8% Misc. 3% HealthCare 5% Transportation 21% America 6% 2011 Revenue by Industry Segment2011 Revenue by Industry Segment 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 12-16% 2006 2007 2008 2009 2010 2011 2015 Operating Income % of Sales Target Expanding ProfitsExpanding Profits Page 68 Value Proposition • GSEM is a global leader providing complete specialty solutions encompassing innovative technologies and services to enable customer success Transformation Highlights • Dramatic turnaround of the Engineered Materials business through mix improvement and specialty focus Value Proposition and Transformation Highlights Global Specialty Engineered Materials improvement and specialty focus • GLS acquisition successfully integrated, having more than doubled earnings in 3 years • PolyOne culture and strategy now engrained worldwide • Expansion into healthcare with dedicated resources > $15B Addressable Market Page 69 • Polymer design, formulation and service expertise • Broad, global technology base and regional centers of excellence • Ten innovation centers around the world Key Differentiators Global Specialty Engineered Materials • Ten innovation centers around the world • Specialty brand leadership with PolyOne, GLS, NEU and ECCOH • Ability to leverage global key account team Page 70 From Volume Commodity-driven product portfolio To Value Specialty technology and solutions EM North America Transformation Volume Sales Gross Margin $ Mix Transformation – Executing the Strategy Global Specialty Engineered Materials 2006 2011 2006 2011 2006 2011 Page 71 $12 $29 Operating Income ($ in millions) • Provided access to new customers in specialized, high-growth markets such as healthcare and consumer • Strategic partner to many of the world’s best-known companies GLS Integration Success 16.9% 8.2% 2007 2011 2007 2011 Working Capital % of Sales • Complementary global footprint provided additional cross-selling opportunities • Opportunity to expand margins and drive working capital improvement while remaining customer-focused Page 72 $1.3 $27.6 2006 2011 Healthcare Revenue • Investment in dedicated healthcare team to drive penetration and growth • Leverage product portfolio globally & win specialty business Areas of Focus Global Specialty Engineered Materials $10.5 $117.9 2006 2011 Consumer Revenue 2006 2011globally & win specialty business in targeted markets • Aggressively commercialize specialty innovation platforms • Utilize our innovation centers to influence OEM design (Revenue in $ millions) Page 73 • Carbon Nanotube Formulations � Applications: Semiconductor equipment, hard drives � Customer benefits: Scrap cost reduction and clean conductivity • Thermally Conductive Solutions Applications: Sockets and bulb holders for LED lighting Key Innovations Global Specialty Engineered Materials � Applications: Sockets and bulb holders for LED lighting � Customer benefits: Cost reduction, energy saving, and design flexibility • FDA-Regulated TPEs � Applications: Food packaging seals, intravenous delivery systems, medical stoppers, prefilled syringes � Customer benefits: Clean and safe elastomers for highly regulated applications Page 74 Critical Imperatives and 2015 Goal Global Specialty Engineered Materials Critical Imperatives • Commercialize critical new technology platforms • Manage the mix as we continue to drive the transformation • Global translation of commercial successes 2015 Goal • 12 - 16% return on sales Page 75 Page 76
https://www.avient.com/resource-center/knowledge-base/article/medical-wearables-new-frontier-healthcare
Optimally designed medical wearable devices can better aid patients and physicians as they seek tools and strategies to promote better health outcomes.
https://www.avient.com/sites/default/files/2021-02/avients-publication-of-uk-tax-strategy.pdf
It will be republished in the event that Avient Group’s UK tax strategy changes.
It will also make sure that such planning will support Avient Group’s commercial strategies and economic activities in the UK.
Further information The Avient Group’s publication of its UK tax strategy is applicable to all members of the Avient Group.
https://www.avient.com/news/archives?page=49
– PolyOne is highlighting a broad portfolio of Wilflex™, Rutland™, Union™, Printop™ and QCM™ brands of specialty inks
InVisiO™ Color Inspiration 2019+ Explores Color Strategies Rooted in Art and Design Evolution