https://www.avient.com/sites/default/files/2021-05/renol-ul94-compliant-masterbatches-brochure.pdf
RENOL™ UL94 COMPLIANT
MASTERBATCHES
HOW TO USE THE TABLES
UL HB
GENERIC RESIN TYPE
FLAME
RATING
MINIMUM
THICKNESS
(MM)
MAXIMUM
LET-DOWN
RATIO
Acetal Copolymer (POM) HB 1.50 1:20
Acrylonitrile Butadiene Styrene (ABS) HB 1.50 1:10
Ethylene Propylene Thermoplastic Rubber (EPTR) HB 1.50 1:20
High Impact Polystyrene (HIPS) HB 1.50 1:10
Liquid Crystal Polymer (LCP) HB 0.83 1:10
Polyamide (PA) HB 3.20 1:33
Polyamide (PA66 and PA 4/6) HB 0.81 1:20
Polyamide 6 (PA6) HB 0.75 1:25
Polyamide 66 (PA66) HB 0.40 1:40
Polybutylene Terephthalate (PBT) HB 0.81 1:20
Polybutylene Terephthalate/Polycarbonate (PBT/PC) HB 1.50 1:10
Polycarbonate (PC) HB 1.50 1:15
Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS) HB 1.50 1:20
Polycarbonate/Polyethylene Terephthalate (PC/PET) HB 1.50 1:20
Polyethylene (PE) HB 1.50 1:50
Polyethylene Terephthalate (PET) HB 0.80 1:16.7
Polyketone HB 1.50 1:20
Polymethyl Methacrylate (PMMA) HB 3.00 1:25
Polypropylene (PP) HB 1.50 1:15
Polystyrene (PS) HB 0.83 1:15
Polyurethane (PUR) HB 1.50 1:25
Polyvinylchloride (PVC) HB 1.50 1:20
Styrene Acrylonitrile (SAN) HB 1.50 1:20
Thermoplastic Elastomer (TPE) HB 0.75 1:25
UL94 V-0, V-1, V-2
ASCEND
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polyamide 66
(PA66)
21X1(a)(f2), 21SPC1(a)(f2),
21SPF1(a)(f2), 21SPG1(a)(f2),
21SPM1(a)(f2), 20NSP1(a)(f2)
0.75 V-2 1:40
22HSP(e) 0.75 V-2 1:40
64C-R 3.0 V-2 1:50
ECO366(e) 0.4 V-0 1:40
ECO366H(e) 0.2 V-0 1:25
FR350J 0.4 V-0 1:25
20NSP(a)(f2), 21SPF(a)(f2),
21SPM(a)(f2), 21SPC(a)(f2)
0.4 V-2 1:40
20NSP(a)(h)(f2), 21SPF(a)(h)(f2),
21SPM(a)(h)(f2), 21SPC(a)(h) (f2)
1.5 V-2 1:20
Polyamide 66/6
(PA66/6)
ECO315(e), ECO315J(e) 0.4 V-0 1:40
M344 3.0 V-0 1:25
909 0.75 V-0 1:25
UL94 V-0, V-1, V-2
BASF
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polyamide 6
(PA6)
8202(t1), 8202 Blend (t1) 0.71 V-2 1:25
8202C(t1), 8202C BLEND (t1) 1.50 V-2 1:25
8202CHS(t1) (t3), 8202C HS Blend 1.50 V-2 1:25
8202HS(t1) 1.50 V-2 1:25
B3S
0.80 V-2 1:25
1.50 V-2 1:25
B3S Q661 1.50 V-2 1:25
B3S R03 1.50 V-2 1:25
8232G HSFR(t9), B3U10G5 (t9) 1.50 V-0 1:25
Polyamide 6/66
(PA6/66)
C3U (m) 0.40 V-0 1:25
KR4205(m), C3U (m), C3U (t)(m) 0.40 V-0 1:25
KR4205, C3U 0.40 V-0 1:25
Polyamide 66
(PA66)
1000(b), 1310-(b), Ultramid A3K Q603(+) 1.50 V-2 1:10
A3K (o) Q790(g)(f2) 0.41 V-2 1:20
A3K(f2), A3K Q601(f2) 0.41 V-2 1:20
A3SK 0.41 V-2 1:25
A5 3.00 V-2 1:33
A3W(f1), A3W FC (f1) 0.75 V-2 1:10
A3K R01 (t)(g)(f2) 0.40 V-2 1:20
Polybutylene
Terephthalate
(PBT)
B4406 G2 (o) Q798 1.50 V-0 1:20
B4406 G2(a), B4406 G2 (o) Q717(a) 1.50 V-0 1:20
B4406 G3 (o) Q798 1.50 V-0 1:20
B4406 G3(a), B4406 G3 (o) Q717(a) 1.50 V-0 1:20
B4406 G4 (o) Q798 1.50 V-0 1:20
B4406 G4(a2), B4406 G4 (o) Q717(a2) 1.50 V-0 1:20
B4406 G6 (o) Q798 3.00 V-0 1:12.5
B4406 G6(%) 1.50 V-0 1:20
B4406 G6(a1), B4406 G6 (o) Q717(a1),
B4406 G6 (o) Q717 High Speed(a1)
1.50 V-0 1:20
B4406(a), B4406 (o) Q717(a) 1.50 V-0 1:20
B4406@ 1.50 V-0 1:20
B4450 G5, B4450 G5 (t) 0.40 V-2 1:50
Polyurethane
(PUR)
11 85 A(a) FHF 000 (f2) 0.75 V-0 1:33
UL94 V-0, V-1, V-2
CELANESE
GENERIC
RESIN TYPE
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Liquid Crystal
Polymer
(LCP)
A130(+), MT1310 1.50 V-0 1:40
Polyamide 66
(PA66)
A3 GF 25 V0XI, A G5 FR C4 0.40 V-0 1:25
Polybutylene
Terephthalate
(PBT)
2012-2 1.50 V-0 1:20
2016(b) 1.50 V-0 1:20
3112-2 1.50 V-0 1:20
3116(b) 1.50 V-0 1:20
3216(b) 1.50 V-0 1:20
3310-2(f2) 1.50 V-0 1:20
3311-3(f2) 1.50 V-0 1:20
3316(b) 1.50 V-0 1:20
3316(b), 3316HF 1.50 V-0 1:20
COVESTRO
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polycarbonate
(PC)
2407 + (z)(f1) 0.75-2.60 V-2 1:10
2807 + MAS183 0.75 V-2 1:25
6455 + (z)
3.00 V-0 1:25
1.50 V-2 1:25
6485 + (z)(f1) 1.50 V-0 1:25
Polycarbonate/
Acrylonitrile
Butadiene Styrene
(PC/ABS)
FR110 + 1.50 V-0 1:33
FR3005 HF + (z), FR3005 HF + BBS314 1.50 V-0 1:12.5
FR3010 + (z)
3.00 V-0 1:25
1.50 V-0 1:25
FR3010 HF + 3.00 V-0 1:25
FR3030 + 3.00 V-0 1:25
UL94 V-0, V-1, V-2
DSM
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polyamide 46
(PA46)
TE250F6(h1)( j) 0.50 V-0 1:25
Polyamide 6
(PA6)
F223-D(f1), F223-D /A(f1) 0.75 V-2 1:25
K222-KGV5(f1)
0.75 V-2 1:16.7
1.50 V-2 1:16.7
K-FKGS6/B(f1)(y) 0.80 V-0 1:25
Polyamide 66
(PA66)
SG-KGS6/HV 0.75 V-0 1:25
Thermoplastic
Elastomer
(TPE)
PL460-S 1.60 V-0 1:25
Polyamide 4T
(PA4T)
T11 (h) 0.40 V-0 1:20
DOMO
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polyamide
(PA)
J 60X1 V30 0.40 V-0 1:25
Polyamide 6
(PA6)
PSB 286
0.80 V-2 1:25
3.00 V-2 1:25
Polyamide 66
(PA66)
A 205F(r4) 0.38 V-2 1:25
A 225F 0.75 V-2 1:25
A 50H1 (r3)(f2) 0.40 V-0 1:25
A 30G1 0.40 V-0 1:25
DUPONT
UL94 V-0, V-1, V-2
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polyamide
(PA)
132F(+)(f1), 135F(+)(f1) 0.75 V-2 1:20
HTNFR42G30NH 0.40 V-0 1:25
Polyamide 6/12
(PA6/12)
151, 151L 1.50 V-2 1:25
Polyamide 66
(PA66)
101(r9)(f1), 101F(r9)(f1), 101L(r9)(f1),
E101(r9)(f1), E101L(r9)(f1)
0.75 V-2 1:20
103FHS(+), 103HSL(+), RN5077E(+),
E103HSL(+)
0.75 V-2 1:20
A428 0.75 V-0 1:20
FE3757(+) 0.75 V-2 1:25
FR15(+) 0.75 V-0 1:20
FR50(+)(f1) 0.35 V-0 1:20
FR7025V0F(+) 0.50 V-0 1:33
Polyamide 66/6
(PA66/6)
FR72G25V0 0.80 V-0 1:25
Polyamide 66/6T
(PA66/6T)
FR95G25V0NH 0.40 V-0 1:25
Polyamide 6T/66
(PA6T/66)
HTNFR52G15AL 0.75 V-0 1:33
HTNFR52G30BL(r3) 0.75 V-0 1:33
HTNFR52G30L(+), FE15502(+),
HTNFR52G30AL(+)
0.75 V-0 1:33
HTNFR52G30NH(r6)
0.40 V-0 1:25
0.75 V-0 1:10
HTNFR52G35BL 0.75 V-0 1:25
HTNFR52G35L(+), HTNFR52G35AL 0.75 V-0 1:33
Polyamide 6T/
MPMDT
HTNFR51G35L(+) 0.81 V-0 1:33
Polybutylene
Terephthalate
(PBT)
LW9030FR 1.50 V-0 1:25
S650FR 1.50 V-0 1:25
SK642FR 1.50 V-0 1:25
SK652FR1 1.50 V-0 1:16.5
T841FR (r4) 1.50 V-0 1:25
Polyethylene
Terephthalate
(PET)
FR530(l)(+)(f1), FR530L(l)(+)(f1) 0.75 V-0 1:25
Thermoplastic
Elastomer
(TPE)
HTR8068 1.60 V-0 1:25
UL94 V-0, V-1, V-2
EXXONMOBIL
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Ethylene
Propylene
Thermoplastic
Rubber
(EPTR)
251-80W232(f7) 1.50 V-2 1:20
251-92W232 1.50 V-0 1:20
251-70W232
1.50 V-0 1:10
1.00 V-2 1:10
LANXESS
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polyamide 6
(PA6)
B30S+(f1) 1.50 V-2 1:25
B31SK+ 1.50 V-2 1:25
Polybutylene
Terephthalate
(PBT)
B4235+ 1.50 V-0 1:10
TP364-302+, BF4232+(f1) 0.75 V-0 1:25
UL94 V-0, V-1, V-2
SABIC
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polybutylene
Terephthalate
(PBT)
310(w) 1.50 V-0 1:20
310SE0(w) 1.50 V-0 1:20
310SE0(w),310SE0R(w) 1.50 V-0 1:20
420SE0(f1)(w)(GG)(rr1) 1.50 V-0 1:20
420SE0(f1)(w)(GG)(rr2) 1.50 V-0 1:20
457(w) 1.50 V-0 1:20
457(w), 451(w) 1.50 V-0 1:20
553(a)(f1)(w) 1.50 V-0 1:20
553(a)(f1)(w), 553E(a)(f1)(w),
553U(a)(f1)(w)
1.50 V-0 1:20
553(w)(f1), 553M(w)(f1) 1.50 V-0 1:20
DR48(w) 1.50 V-0 1:20
DR48,DR48M 1.50 V-0 1:20
V4760(a2) 0.40 V-0 1:20
EXVX1259, ENH4550 0.40 V-0 1:20
771 0.75 V-0 1:25
Polybutylene
Terephthalate/
Polycarbonate
(PBT/PC)
357(f1)(w)(IC), 357M(f1)(w)(IC),
357U(f1)(w)(IC)
1.50 V-0 1:20
357(f1)(w)(IC), 357U(f1)(w)(IC) 1.50 V-0 1:20
357X(f1) 1.50 V-0 1:20
V3900WX(GG)(f1)(IA),
V3901WX(GG)(f1)(IA)
3.00 V-0 1:20
1.50 V-0 1:20
357(w)(f2)(IC), 357M(w)(f2)(IC),
357U(w)(f2)(IC)
1.50 V-0 1:20
UL94 V-0, V-1, V-2
SABIC
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polycarbonate
(PC)
221(f2) 1.50 V-2 1:25
221R(f2) 1.50 V-2 1:25
500(f2), 500R(f2) 3.00 V-0 1:33
503(f1)
3.00 V-0 10:1
1.50 V-0 10:1
503(f1), 503R(f1)
3.00 V-0 10:1
1.50 V-0 10:1
943(ab) 1.50 V-0 1:20
943(f1) 1.50 V-0 1:20
943(f1), 923(f1) 1.50 V-0 1:20
950A, 920ASR, FXD911A(GG), 940ASR 1.50 V-2 1:25
CFR7630(f1)(gg*) 1.50 V-0 1:25
ML5139R(f2) 3.00 V-0 1:33
950A, FXD911A(GG), 940ASR 3.00 V-0 1:25
943 1.50 V-0 1:20
920A
3.00 V-0 1:25
1.50 V-2 1:25
Polycarbonate/
Acrylonitrile
Butadiene Styrene
(PC/ABS)
C2950 1.50 V-0 6:100
C6200(GG) 2.00 V-0 1:20
Acrylonitrile
Styrene Acrylate/
Polycarbonate
(ASA/PC)
HRA222 (GG) 0.80 V-2 1:20
UL94 V-0, V-1, V-2
SOLVAY
OTHERS
GENERIC
RESIN TYPE
SPECIFIC BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
Polyphenyl Sulfone
(PPSU)
R-5100 (r1)(##), R-5000 (r1)(##) 1.50 V-0 1:10
Polyphthalamide
(PPA)
AFA-4133 V0(+) (*) 0.75 V-0 1:25
BASE RESIN
MANUFACTURER
GENERIC
RESIN TYPE
SPECIFIC
BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
ALBIS
Polypropylene
(PP)
PP 13 CV2 14 1.50 V-2 1:25
AVIENT
Polyvinylchloride
(PVC)
M3700(X), M3755(X) 1.50 V-0 1:25
M3900 1.50 V-0 1:25
CHI MEI
Acrylonitrile
Butadiene Styrene
(ABS)
PA-765(+) 1.50 V-0 1:10
Polycarbonate/
Acrylonitrile
Butadiene Styrene
(PC/ABS)
PC-510(+) 1.50 V-0 1:25
EMS-CHEMIE
Polyamide 6
(PA6)
Grilon A 26 V0 0.75 V-0 1:25
FORMOSA
Polycarbonate
(PC)
#1700+(f2) 0.36-0.42 V-2 1:50
GEON
Polyvinylchloride
(PVC)
85891(f1) 1.70 V-0 1:20
85891(f2) 1.70 V-0 1:20
M3700(X) 1.50 V-0 1:25
M3900
1.50 V-0 1:10
1:25
INEOS
Polystyrene
(PS)
855 HV 3.00 V-1 100:4
INVISTA
Polyamide 66
(PA66)
FRU4800 XHL (r1) 0.40 V-0 1:25
U4820L (r1) 0.40 V-2 1:25
UL94 V-0, V-1, V-2
OTHERS
BASE RESIN
MANUFACTURER
GENERIC
RESIN TYPE
SPECIFIC
BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
KINGFA
Polyamide 66
(PA66)
PA66-R11G25 (##) 0.25 V-0 1:25
KURARAY
Polyamide 9T
(PA9T)
GP2300S 0.40 V-0 1:25
LG CHEM
Polycarbonate/
Acrylonitrile
Butadiene Styrene
(PC/ABS)
LUPOY GP-5106-F 3.00 V-0 1:20
LOTTE CHEMICAL
Acrylonitrile
Butadiene Styrene
(ABS)
VH-0800(+) 1.50 V-0 1:25
Polycarbonate
(PC)
HN-1064(+)
0.75 V-2 1:10
1.50 V-0 1:10
1.20 V-1 1:10
Polystyrene
(PS)
VH-1800+
3.00 V-0 1:25
1.50 V-0 1:25
MITSUBISHI
Polycarbonate
(PC)
S-2000+(f1) 1.50-1.80 V-2 1:10
POLYMER
PRODUCTS
Polystyrene
(PS)
ZYNTAR 351
2.00 V-0 1:20
1.50 V-0 1:20
ZYNTAR 7000 2.00 V-0 1:25
ZYNTAR 702 2.00 V-0 1:25
8020 2.00 V-0 1:20
8120 2.00 V-0 1:20
8130 1.50 V-0 1:20
POLYMER
RESOURCES
Polycarbonate
(PC)
PC-FR1A-D, PC-
FR2A-D, PC-FR3A-D
3.00 V-0 1:33
1.50 V-2 1:33
SUMITOMO
Liquid Crystal
Polymer
(LCP)
E6007LHF(ra) 0.30 V-0 1:25
E6007LHF-MR(gt) 0.20 V-0 1:12.5
UL94 V-0, V-1, V-2
OTHERS
BASE RESIN
MANUFACTURER
GENERIC
RESIN TYPE
SPECIFIC
BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
MAXIMUM
LET-DOWN
RATIO
TORAY
Polyamide 6
(PA6)
1017 1.60 V-2 1:16.5
Polyamide 66
(PA66)
3004-V0(rr),
CM3004-V0(rr)
0.40 V-0 1:25
TRINSEO
Polycarbonate
(PC)
891(w) 1.10 V-0 1:25
WELLMAN
Polyamide 66/6
(PA66/6)
220-N, 21L-N, 22L-N 1.50 V-2 1:25
WESTLAKE
Polyvinylchloride
(PVC)
6597(f1), HF-6597(f1) 1.50 V-0 1:25
SP-7107 (f1)(a) 3.00 V-0 1:25
5VA AND 5VB
BASE RESIN
MANUFACTURER
GENERIC
RESIN TYPE
SPECIFIC
BASE RESIN
MINIMUM
THICKNESS
(MM)
FLAME
RATING
COLORS
MAXIMUM
LET-DOWN
RATIO
AVIENT
Polyvinylchloride
(PVC)
M3900 1.50 5VB
ALL 1:25
WHITE 1:10
COVESTRO
Polycarbonate/
Acrylonitrile
Butadiene Styrene
(PC/ABS)
FR3010 + (z) 3.00 5VA ALL 1:25
DUPONT
Polyamide 66/6T
(PA66/6T)
FR95G25V0NH 1.50 5VA ALL 1:25
Polybutylene
Terephthalate
(PBT)
LW9030FR
2.00 5VA BLACK 1:25
3.00 5VA ALL 1:25
SK642FR 1.50 5VA BLACK 1:25
GEON
Polyvinylchloride
(PVC)
M3900 1.50 5VB
ALL 1:25
WHITE 1:10
SABIC
Polybutylene
Terephthalate/
Polycarbonate
(PBT/PC)
V3900WX(GG)(f1)(IA),
V3901WX(GG)(f1)(IA)
3.00 5VA ALL 1:20
1.844.4AVIENT
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Copyright © 2020, Avient Corporation.
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https://www.avient.com/investors/events-presentations
https://www.avient.com/news-events
4
About Avient
Avient Corporation (NYSE: AVNT) provides specialized and sustainable material solutions that
transform customer challenges into opportunities, bringing new products to life for a better world.
2) Tax adjustments include the net tax impact from non-recurring income tax items, adjustments to uncertain tax position reserves and the
establishment, reversal or changes to valuation allowances.
10
Attachment 4
Avient Corporation
Condensed Consolidated Balance Sheets
(In millions)
(Unaudited)
September 30, 2023
December 31,
2022
ASSETS
Current assets:
Cash and cash equivalents $ 439.6 $ 641.1
Accounts receivable, net 436.9 440.6
Inventories, net 349.6 372.7
Other current assets 138.2 115.3
Total current assets 1,364.3 1,569.7
Property, net 978.2 1,049.2
Goodwill 1,681.3 1,671.9
Intangible assets, net 1,563.0 1,597.6
Other non-current assets 202.9 196.6
Total assets $ 5,789.7 $ 6,085.0
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term and current portion of long-term debt $ 9.5 $ 2.2
Accounts payable 389.5 454.4
Accrued expenses and other current liabilities 328.1 412.8
Total current liabilities 727.1 869.4
Non-current liabilities:
Long-term debt 2,070.8 2,176.7
Pension and other post-retirement benefits 65.1 67.2
Deferred income taxes 293.2 342.5
Other non-current liabilities 337.6 276.4
Total non-current liabilities 2,766.7 2,862.8
SHAREHOLDERS' EQUITY
Avient shareholders’ equity 2,276.9 2,334.5
Noncontrolling interest 19.0 18.3
Total equity 2,295.9 2,352.8
Total liabilities and equity $ 5,789.7 $ 6,085.0
11
Attachment 5
Avient Corporation
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In millions)
Nine Months Ended
September 30,
2023 2022
Operating Activities
Net income $ 47.8 $ 158.5
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 142.6 110.3
Accelerated depreciation 1.9 4.0
Share-based compensation expense 9.7 9.5
Changes in assets and liabilities, net of the effect of acquisitions:
Increase in accounts receivable (5.7) (66.5)
Decrease (increase) in inventories 16.5 (12.5)
(Decrease) increase in accounts payable (59.1) 43.5
Taxes paid on gain on sale of business (104.1) —
Accrued expenses and other assets and liabilities, net (2.5) (22.9)
Net cash provided by operating activities 47.1 223.9
Investing activities
Capital expenditures (75.0) (55.1)
Business acquisitions, net of cash acquired — (1,426.1)
Settlement of foreign exchange derivatives — 93.3
Net proceeds from divestiture 7.3 —
Other investing activities 2.3 —
Net cash used by investing activities (65.4) (1,387.9)
Financing activities
Debt proceeds — 1,300.0
Purchase of common shares for treasury — (36.4)
Cash dividends paid (67.6) (65.2)
Repayment of long-term debt (103.8) (6.8)
Debt financing costs (2.3) (49.3)
Other financing (2.3) (4.2)
Net cash (used) provided by financing activities (176.0) 1,138.1
Effect of exchange rate changes on cash (7.2) (30.9)
Decrease in cash and cash equivalents (201.5) (56.8)
Cash and cash equivalents at beginning of year 641.1 601.2
Cash and cash equivalents at end of period $ 439.6 $ 544.4
12
Attachment 6
Avient Corporation
Business Segment Operations (Unaudited)
(In millions)
Operating income and earnings before interest, taxes, depreciation and amortization (EBITDA) at the segment level does not
include: special items as defined in Attachment 3; corporate general and administration costs that are not allocated to segments;
intersegment sales and profit eliminations; share-based compensation costs; and certain other items that are not included in the
measure of segment profit and loss that is reported to and reviewed by the chief operating decision maker.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Press Release%5B43%5D.pdf
https://www.avient.com/investors
https://edge.media-server.com/mmc/p/d4zy5fep
https://www.avient.com/investors
https://register.vevent.com/register/BI2f6c5ad2bc1b4150b7f39a5b024d27cf
https://www.avient.com/investors/events-presentations
https://www.avient.com/news-events
4
About Avient
Avient Corporation (NYSE: AVNT) provides specialized and sustainable material solutions that
transform customer challenges into opportunities, bringing new products to life for a better world.
2) Tax adjustments include the net tax impact from non-recurring income tax items, adjustments to uncertain tax position reserves and the
establishment, reversal or changes to valuation allowances.
10
Attachment 4
Avient Corporation
Condensed Consolidated Balance Sheets
(In millions)
(Unaudited)
June 30, 2023
December 31,
2022
ASSETS
Current assets:
Cash and cash equivalents $ 528.7 $ 641.1
Accounts receivable, net 506.4 440.6
Inventories, net 359.0 372.7
Other current assets 116.6 115.3
Total current assets 1,510.7 1,569.7
Property, net 1,007.4 1,049.2
Goodwill 1,705.7 1,671.9
Intangible assets, net 1,614.7 1,597.6
Other non-current assets 213.3 196.6
Total assets $ 6,051.8 $ 6,085.0
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term debt $ 2.2 $ 2.2
Accounts payable 428.7 454.4
Accrued expenses and other current liabilities 345.6 412.8
Total current liabilities 776.5 869.4
Non-current liabilities:
Long-term debt 2,179.2 2,176.7
Pension and other post-retirement benefits 67.3 67.2
Deferred income taxes 304.8 342.5
Other non-current liabilities 370.3 276.4
Total non-current liabilities 2,921.6 2,862.8
SHAREHOLDERS' EQUITY
Avient shareholders’ equity 2,334.7 2,334.5
Noncontrolling interest 19.0 18.3
Total equity 2,353.7 2,352.8
Total liabilities and equity $ 6,051.8 $ 6,085.0
11
Attachment 5
Avient Corporation
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In millions)
Six Months Ended
June 30,
2023 2022
Operating Activities
Net income $ 42.7 $ 169.2
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 96.2 71.1
Accelerated depreciation 1.9 3.2
Share-based compensation expense 6.5 6.3
Changes in assets and liabilities, net of the effect of acquisitions:
Increase in accounts receivable (66.6) (133.2)
Decrease (increase) in inventories 14.0 (45.9)
(Decrease) increase in accounts payable (26.2) 98.5
Accrued expenses and other assets and liabilities, net (93.2) (62.5)
Net cash (used) provided by operating activities (24.7) 106.7
Investing activities
Capital expenditures (45.9) (34.0)
Settlement of foreign exchange derivatives — 75.1
Net proceeds from divestiture 7.3 —
Net cash used by investing activities (38.6) 41.1
Financing activities
Purchase of common shares for treasury — (36.4)
Cash dividends paid (45.0) (43.5)
Repayment of long-term debt (1.0) (4.4)
Other financing (2.3) (4.1)
Net cash used by financing activities (48.3) (88.4)
Effect of exchange rate changes on cash (0.8) (15.5)
Decrease in cash and cash equivalents (112.4) 43.9
Cash and cash equivalents at beginning of year 641.1 601.2
Cash and cash equivalents at end of period $ 528.7 $ 645.1
12
Attachment 6
Avient Corporation
Business Segment Operations (Unaudited)
(In millions)
Operating income and earnings before interest, taxes, depreciation and amortization (EBITDA) at the segment level does not
include: special items as defined in Attachment 3; corporate general and administration costs that are not allocated to segments;
intersegment sales and profit eliminations; share-based compensation costs; and certain other items that are not included in the
measure of segment profit and loss that is reported to and reviewed by the chief operating decision maker.