https://www.avient.com/news/want-textile-look-one-step-upgrade-molded-surfaces-polyone’s-smartbatch-fabric-fx
Smartbatch Fabric FX offers greater design flexibility, and creates attractive, ready-to-use parts that are easier to clean than textile-covered applications,” said Christoph Palm, vice president, general manager, Color and Additives EMEA & India for PolyOne.
The company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence.
Photo Credit: PolyOne
Photo Caption: With Smartbatch™ Fabric FX, designers of automotive interiors and other applications can create attractive surfaces and simplify manufacturing processes.
https://www.avient.com/news/polyone-reimagines-packaging-soft-touch-sustainability-tpes
As designers struggle to create packages that stand out with a distinctive visual look to prompt an initial purchase, they’re also looking for more: a tactile quality that conveys a message, a material that supports sustainability goals, and one that improves a product’s functionality.
The company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence.
Photo Caption: GLS™ TPEs allow designers to create packaging enhancements that maximize shelf appeal.
https://www.avient.com/sites/default/files/2021-04/avient-q4-earnings-and-2021-outlook-website.pdf
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
$0.30
$0.52
Q4 2020 ORGANIC PERFORMANCE
3
Sales
$922
$997
+8%
Operating
Income
EPS
$58
$80
+38%
+73%
• Record 4th quarter sales, adjusted
operating income and adjusted EPS
performance
• All segments delivered year-over-year
sales and operating income growth, led
by consumer and healthcare end markets
• Clariant Masterbatch integration synergy
capture ahead of schedule: $5 million
realized in 2020
($ in millions except EPS)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Q4 2020 SEGMENT PERFORMANCE
4
Sales Operating Income
$100 $100 $100
$922
$100 $100 $100
$997
Distribution CAI SEM Total
2019 2020
$178
$272
$490
$191
$305
$526
SEM Distribution CAI
+8%
+7%
+7%
+12%
$5 $5 $5
$58
$5 $5 $5
$80
Avient CAI SEM Total
$17 $19
$40
$18
$30
$58
Distribution SEM CAI
+38%
+45%
+58%
+6%
(3) (3)
(1) (2)
(1) Total company sales include intercompany sales eliminations
(2) Total company reflects adjusted operating income and includes corporate costs
(3) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
2020 HIGHLIGHTS
5
• Completed transformational Clariant Masterbatch acquisition and created new
brand name Avient
• Increased pro forma adjusted EPS 11% from $1.74 to $1.93 as an essential supplier
during the pandemic and due to growth in demand for consumer applications
• Specialty Engineered Materials delivered record operating income on gains from
composites
• Achieved record free cash flow, increased dividend for 10th year in a row and
delevered from 3.5x to 2.7x net debt to pro forma adjusted EBITDA
• Culture is everything: Certified as a Great Place to Work®
$133
$150
10%
23%8%
21%
4%
15%
2006 2020PF
Healthcare
Consumer
Packaging
Avient Portfolio Transformation
22%
59%
CLARIANT MASTERBATCH:
TRANSFORMATIONAL ACQUISITION
Clariant MB EBITDA Growth
Purchase Price Multiple
10.8
9.6
6.5
2019PF 2020PF 2020PF w/ Full
Synergies
• Acquisition of Clariant Masterbatch
significantly expands presence in
healthcare, packaging and consumer end
markets
• Strength of portfolio – 13% EBITDA growth
as an essential supplier in COVID response
and recovery
• Acquisition completed on July 1, 2020 for
$1.4 billion.
We create value for our stakeholders and we love to win.
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
Published 2030 performance goals, further enhancing our position as
a responsible business creating sustainable, long-term value for its
stakeholders
We create value for our stakeholders and we love to win.
https://www.avient.com/sites/default/files/2021-04/avient-colorants-netherlands-b.v.-extract-coc-apr-12-2021.pdf
Corporate seat Amsterdam
First entry in Business
Register
12-04-2006
Date of deed of incorporation 11-04-2006
Date of deed of last
amendment to the Articles
of Association
12-04-2021
Issued capital EUR 19.593,63
Paid-up capital EUR 19.593,63
Filing of the annual accounts The annual accounts for the financial year 2019 were filed on 01-07-2020.
https://www.avient.com/knowledge-base/case-study/military-grade-protection-us-soldiers
The goal of the collaboration was to create ballistic protection that is lightweight, portable, and can be constructed in hours rather than days.
With our hardware fabrication capabilities and Avient’s knowledge of composite ballistic protection technology, we were able to create modular systems that reduce time and logistic requirements for our brave soldiers.”
https://www.avient.com/investor-center/news/polyone-appoints-walter-ripple-vice-president-sustainability-joins-alliance-end-plastic-waste-founding-member
In this newly created position, Mr.
The company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence.
https://www.avient.com/news/polyone-reveals-palettes-reflection-color-inspiration-2021
Created together with global megatrends and color research experts, this forecast brings fresh, relevant and intriguing color collections for a world that shifts at what often seems the speed of light.
Creating impact is key for this color palette, which seeks to capture attention for the physical, emotional, and social aspects of life.
https://www.avient.com/news/extreme-conditions-are-no-match-new-outdoor-sign-material
The company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence.
Eastman focuses on creating consistent, superior value for all stakeholders.
https://www.avient.com/news/pet-friendly-soft-touch-design-delivers-remarkable-fundraising-dog-toy
The financial success of WO|Bone is enabling us to create change in Ethiopia.
The company is dedicated to serving customers in diverse industries around the globe, by creating value through collaboration, innovation and an unwavering commitment to excellence.