https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
D I S T R I B U T I O N )
22
END-MARKET FOCUS FOR
NEW INNOVATION
Semiconductors Robotics Healthcare
Interconnected disruptive markets with massive innovation needs
23
APPENDIX
Performance
Additives
15%
Pigments
13%
TiO2
11%
Dyestuffs
3%Polyethylene
12%
Nylon
6%
Polypropylene
5%
Other Raw
Materials
30%
Styrenic Block
Copolymer
5%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
30
• Significant raw material price inflation and
tight inventory continued in Q2 2022,
although at a slightly lesser rate compared
to the prior quarter
o For Q2 2022, the average cost of key
hydrocarbon based materials was up 15%,
roughly the same as the average cost of non-
hydrocarbon based materials
https://www.avient.com/sites/default/files/2020-03/Global_High_Yield_%26_Leverage_Conference %281%29.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Transformational M&A with PP&S divestment and pending acquisition of
Clariant Masterbatch business
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation to
continue for years
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating organic
growth
S E R V I C E :
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 40
T A L E N T D E V E L O P M E N T
PolyOne Corporation 41
Leadership Program Participants
2012
2013
2014
2015
47
0
86
2016
2019
125
169
412
Campus Hires
2008
2011
2014
2017
0
25
90
47
PolyOne LSS Blackbelts
2008
2011
2014
2019
0
67
247
147
2019 134
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
I Q D E S I G N
PolyOne Corporation 42
Computer
Aided
Engineering
Design
Strategy
3
15
2014 2019
Designers &
Engineers
$0
$15M
2014 2019
$4M
$87M
2014 2019
Opportunity funnel Total Revenue
L S S C U S T O M E R F I R S T
PolyOne Corporation 43
Customer Engagements
Enables sales growth by building more intimate
customer relationships, giving us insight to customers’
needs, with a service that is not easily replicated
2014 2019
2 210
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 44
S E G M E N T H I G H L I G H T S
C O L O R , A D D I T I V E S & I N K S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 45
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
31%
Industrial
14%
Textiles
13%
Wire &
Cable
10%
Building & Construction
9%
Consumer
8%
Transportation
7%
Healthcare
5%
Appliances
2%
Electrical & Electronics
1%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 9 R E V E N U E | O V E R $ 1 B I L L I O N
PolyOne Corporation 46
Europe
34%
United
States
44%
Asia
15%
Canada
1%
Mexico
3%
South
America
3%
$4
$25
$104
$147
2005 2009 2013 2019
0.9%
5.5%
12.2%
14.7%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 47
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Wire & Cable
15%
Telecommunications
(FOC)
13%
Consumer
19%
Electrical & Electronics
12%
Healthcare
9%
Industrial
8%
Packaging
6%
Appliance
2%
Building &
Construction
2%
Transportation
14%
Note: (FOC) refers to Fiber Optic Cabling
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 9 R E V E N U E | $ 7 5 0 M I L L I O N
PolyOne Corporation 48
Europe
27%
United
States
54%
Asia
17%
Canada
2%
$21
$57
$87
2005 2009 2013 2019
0.1%
5.1%
9.3%
11.6%
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 49
Healthcare
28%
Transportation
23%
Industrial
19%
Consumer
12%
Appliance
6%
Electrical &
Electronics
5%
Building &
Construction
4%
Packaging
2%
Wire & Cable
1%
Operating Income & Margin2019 Revenue | $1.2 Billion
$25
$63
$75
2005 2009 2013 2019
$20
2.9%
4.0%
5.9%
6.3%
http://www.polyone.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 50
Performance
Additives
15%
Polyethylene
13%
Pigments
9%
Styrenic Block
Copolymer 7%
Nylon
7%
TiO2
6%
Polypropylene
5%
Dyestuffs
4%
Plasticizers
3%
Other Raw
Materials
31%
$900 million of raw material purchases in 2019 excluding Distribution business
Note: All figures exclude divested PP&S business
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 51
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and
prestige perceptions
among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
Eliminate costs by
increasing pigment density
Enhance color
performance without
altering form and
formulation
Increase design
capabilities by reducing
weight and layer thickness
Optimize Color Usage
OnColorTM Super Concentrates
Inhibit microbial growth on
polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Durable, long-lasting products stand
up to the most aggressive
disinfectants
Minimize environmental stress
cracking and discoloration
One of the broadest medically
approved polymer and colorant
portfolios
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
Outdoor Applications
Leading provider of high
performance specialty materials
for the recreational and sports &
leisure industry
Well positioned across all
segments to address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
ColorMatrix Fiber Colorant
Solutions
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
PolyOne Corporation 63
Global high yield & leveraged finance Conference
Forward Looking Statements
USE OF �NON-GAAP�MEASURES
Vision
Safety First
Commodity to Specialty Transformation
PolyOne�2019 Revenue | $2.9 billion
Slide Number 8
Sustainable Path to Double-Digit EPS Growth
Expansion of Commercial Resources driving growth
The Evolving Customer Relationship
Slide Number 12
Aligning with trends for Growth
Revenue from Sustainable Solutions
Innovation
3 Horizons of Development
Innovation Spotlight: Composites
COMPOSITE MATERIALS
COMPOSITEs Portfolio�Diverse Capabilities and Solutions Serving Manufacturers and OEMS
PolyOne applications in Fiber optic cables
Fiber optical growth drivers
Invest-to-Grow M&A Strategy
Invest-to-Grow M&A Playbook
Invest-to-Grow Proof of performance
Clariant Masterbatch Acquisition Drives�Next Level Specialty Transformation
Transformation Headlines
Fit with Four Pillar Strategy
End Market Transformation
End Market Transformation
Complementary Geographic Presence
Slide Number 31
PolyOne + Clariant Masterbatch Business
Over 85% of Adjusted EBITDA from Specialty
Transaction overview
Significant Synergy Opportunities
Attractive Financing Structure
Slide Number 37
Returning cash to shareholders�Over $1.2 Billion since 2011
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/September%2520Investor%2520Presentation.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation
to continue for years
Expand ROIC while increasing invested capital
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating
organic growth
S E R V I C E :
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 31
T A L E N T D E V E L O P M E N T
PolyOne Corporation 32
Leadership Program Participants
2012
2013
2014
2015
47
0
86
2016
2018
125
169
315
Campus Hires
2008
2011
2014
2017
0
25
90
47
PolyOne LSS Blackbelts
2008
2011
2014
2018
0
67
220
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
I Q D E S I G N L A B S
PolyOne Corporation 33
Material
& Color
Expertise
Manufacturing
Expertise
3
14
2014 2018
Industrial designers
$0
$10M
2014 2018
$4M
$80M
2014 2018
Opportunity funnel New business revenue
L S S C U S T O M E R F I R S T
PolyOne Corporation 34
Customer Projects
Enables sales growth by building more intimate
customer relationships, giving us insight to customers’
needs, with a service that is not easily replicated
2014 2018
2 104
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 35
Enables validation of fit and function
Shortens design cycle and time to market
Avoids tooling rework
Drives innovation
Delivers substantial customer value
PolyOne Corporation 36
From concept to production
M O N T H M O N T H
M O N T H M O N T H
M O N T H M O N T H
99.9%
Reduction in
turnaround time
Traditional Timeline
up to 24 weeks
PolyOne ColorMatrix
Select™
6 hours
Innovative system for processors and OEMs to develop colors in real time
Complete system that provides customers with the freedom to match,
prototype and produce color entirely within their own facility
C O L O R M A T R I X S E L E C T ™
“Being able to create color and produce parts in 1 day is unheard of in this industry”
-CEO, Industry Leader
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 37
S E G M E N T H I G H L I G H T S
C O L O R , A D D I T I V E S & I N K S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 38
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
28%
Industrial
14%
Textiles
13%
Wire & Cable
11%
Building & Construction
10%
Transportation
8%
Consumer
8%
Healthcare
5%
Appliances
2%
Electrical &
Electronic 1%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 8 R E V E N U E | O V E R $ 1 B I L L I O N
$4
$25
$104
$159
0.9%
5.5%
12.2%
15.1%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
20
30
40
50
60
70
80
90
100
110
120
130
140
150
160
170
2005 2009 2013 2018
PolyOne Corporation 39
Europe
35%
United
States
45%
Asia
14%
Canada
1%
Mexico
3%
South
America
2%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 40
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Consumer
21%
Transportation
18%
Wire & Cable
13%Healthcare
9%
Industrial
9%
Packaging
7%
Appliance
3%
Building &
Construction 4%
Electrical &
Electronics
16%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 8 R E V E N U E | $ 6 4 6 M I L L I O N
PolyOne Corporation 41
$21
$57
$72
0.1%
5.1%
9.3%
11.2%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
20
30
40
50
60
70
80
90
2005 2009 2013 2018
Europe
28%
United
States
46%
Asia
24%
Canada
2%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 42
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Materials
Flame Retardant
Polymers
Building &
Construction
28%
Industrial
18%
Transportation
17%
Wire & Cable
16%Consumer
7%
Appliance
6%
Packaging
4%
Electrical &
Electronics
4%
Asia
2%
United
States
78%
Mexico
5%
Canada
15%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 8 R E V E N U E | $ 7 3 6 M I L L I O N
$40
$24
$56
$74
4.6%
3.6%
7.2%
10.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
0
10
20
30
40
50
60
70
80
90
100
2005 2009 2013 2018
PolyOne Corporation 43
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 44
Healthcare
27%
Transportation
22%
Industrial
18%
Consumer
12%
Appliance
6%
Electrical &
Electronics
5%
Building &
Construction
5%
Packaging
3%
Wire & Cable
2%
$20
$25
$63
$71
2.9%
4.0%
5.9%
5.6%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
15
25
35
45
55
65
75
2005 2009 2013 2018
Operating Income & Margin2018 Revenue | $1.3 Billion
http://www.polyone.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 45
Performance
Additives
15%
PVC
11%
Pigments
9%
Polyethylene
8%
Plasticizers
7%
Polypropylene
7%
TiO2
6%
Nylon
5%
Styrenic Block
Copolymer
5%
Other Raw
Materials
27%
$1.3 billion of raw material purchases in 2018 excluding Distribution business
Note: All figures exclude Distribution business
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 46
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and
prestige perceptions
among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
Eliminate costs by
increasing pigment density
Enhance color
performance without
altering form and
formulation
Increase design
capabilities by reducing
weight and layer thickness
Optimize Color Usage
OnColorTM Super Concentrates
Inhibit microbial growth on
polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Durable, long-lasting products stand
up to the most aggressive
disinfectants
Minimize environmental stress
cracking and discoloration
One of the broadest medically
approved polymer and colorant
portfolios
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
Outdoor Applications
Leading provider of high
performance specialty materials
for the recreational and sports &
leisure industry
Well positioned across all
segments to address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
ColorMatrix Fiber Colorant
Solutions
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
APPENDIX
Performance
Additives
15%
Pigments
15%
TiO2
12%
Dyestuffs
4%Polyethylene
10%
Nylon
5%
Polypropylene
4%
Other Raw
Materials
29%
Styrenic Block
Copolymer
6%
~1/3 hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
36
• Significant raw material price inflation and
tight inventory continued in Q3 2021
o Average cost of hydrocarbon based
materials was up 65% year-over-year and
10% sequentially
o Average cost of non-hydrocarbon based
materials was up 20% year-over-year and
3% sequentially
• Additionally, we continued to experience
other supply chain challenges during Q3
related to raw material spot purchases,
freight constraints and productivity loss
as a result of these shortages
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2020 pro forma purchases, excludes Distribution business
SEGMENT DATA
U.S. & Canada
51%
EMEA
25%
Asia
16%
Latin America
8%
2021 YTD SEGMENT, END MARKET AND GEOGRAPHY
38
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
23%
Packaging
19%
Industrial
16%
Building and
Construction
10%
Telecommunications
4%
Energy
2%
END MARKET REVENUE
(1) Total company sales and EBITDA of $3,617M and $455M, respectively, include intercompany sales eliminations and corporate costs
All charts reflect YTD financials through September 30
$1,820M
$321M
$691M
$127M
$1,206M
$72M
Sales Adjusted EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$455M$3,617M
(1)
Transportation
12%
Healthcare
14%
Packaging
34%
Consumer
21%
Healthcare
7%
Industrial
16%
Building &
Construction
10%
Transportation
9%
Energy
2% Telecommunications
1%
C O L O R , A D D I T I V E S & I N K S
2 0 2 1 Y T D R E V E N U E | $ 1 . 8 B I L L I O N
US & Canada
31%
EMEA
42%
Asia
21%
Latin America
6%
END MARKET REGION
39
All charts reflect 2021 YTD financials through September 30
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Consumer
28%
Healthcare
10%
Packaging
6%
Telecommunications
16%
Transportation
12%
Industrial
11%
Building &
Construction
10%
Energy
7%
2 0 2 1 Y T D R E V E N U E | $ 6 9 1 M I L L I O N
END MARKET
US & Canada
55%
EMEA
25%
Asia
20%
REGION
40
All charts reflect 2021 YTD financials through September 30
D I S T R I B U T I O N
Healthcare
26%
Consumer
22%
Packaging
6%
Industrial
20%
Transportation
16%
Building and
Construction
8%
Energy
1%
Telecommunications
1%
US & Canada
81%
Asia
4%
Latin
America
15%
END MARKET REGION
K E Y S U P P L I E R S
2 0 2 1 Y T D R E V E N U E | $ 1 . 2 B I L L I O N
41
All charts reflect 2021 YTD financials through September 30
T O T A L C O M PA N Y R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
30%
Consumer
27%
Healthcare
12%
Industrial
14%
Building &
Construction
5%
Telecommunications
2% Energy
2%
Asia
(16% of sales)
Transportation
8%
Packaging
31%
Consumer
14%
Healthcare
5%
Industrial
17%
Building &
Construction
12%
Telecommunications
5%
Energy
4%
EMEA
(25% of sales)
Transportation
12%
42
Consumer
25%
Healthcare
19%
Packaging
10%
Industrial
17%
Building &
Construction
10%
Telecommunications
4%
Energy
2%
US &
Canada
(51% of sales)
Transportation
13%
Packaging
42%
Consumer
33%
Healthcare
3%
Industrial
10%
Building &
Construction
5%
Telecommunications
1%
LATAM
(8% of sales)
Transportation
6%
All charts reflect 2021 YTD financials through September 30
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Three Months Ended
September 30, 2021
Reconciliation to Condensed Consolidated Statements of Income
GAAP
Results
Special
Items
Adjusted
Results
Operating income $ 78.7 $ 20.0 $ 98.7
Income from continuing operations before income taxes $ 61.1 $ 19.9 $ 81.0
Income tax expense - GAAP (8.5) — (8.5)
Income tax impact of special items — (4.6) (4.6)
Tax adjustments — (3.6) (3.6)
Net income attributable to noncontrolling interests 0.3 — 0.3
Net income from continuing operations attributable to Avient shareholders $ 52.9 $ 11.7 $ 64.6
Net income / EPS $ 0.57 $ 0.13 $ 0.70
Weighted-average diluted shares 92.2 92.2 92.2
Three Months Ended
September 30, 2020
Reconciliation to Condensed Consolidated Statements of Income
GAAP
Results
Special
Items
Adjusted
Results
Operating income $ 33.5 $ 40.4 $ 73.9
Income from continuing operations before income taxes $ 5.3 $ 50.0 $ 55.3
Income tax expense - GAAP (2.7) — (2.7)
Income tax impact of special items — (12.7) (12.7)
Tax adjustments — 3.0 3.0
Net income attributable to noncontrolling interests (0.9) — (0.9)
Net income from continuing operations attributable to Avient shareholders $ 1.7 $ 40.3 $ 42.0
Net income / EPS $ 0.02 $ 0.44 $ 0.46
Weighted-average diluted shares 91.9 91.9 91.9
1
Three Months Ended
September 30,
Three
Months
Ended
Nine
Months
Ended
Year Ended
December 31,
Reconciliation to Pro Forma
Adjusted EBITDA 2021 2020
June 30,
2021
September
30, 2021 2020 2019 2018
Net income from continuing
operations – GAAP $ 52.6 $ 2.6 $ 69.4 $ 201.7 $ 133.8 $ 75.7 $ 87.4
Income tax expense 8.5 2.7 20.4 51.8 5.2 33.7 14.4
Interest expense 19.0 29.7 19.5 57.8 74.6 59.5 62.8
Debt extinguishment cost — — — — — — 1.1
Depreciation and amortization from
continuing operations 36.8 36.5 33.8 107.7 115.0 78.1 72.6
EBITDA $ 116.9 71.5 $ 143.1 $ 419.0 $ 328.6 $ 247.0 $ 238.3
Special items, before tax 19.9 50.0 14.2 36.5 66.2 61.7 59.5
Interest expense included in special
items — (9.6) — — (10.1) — —
Depreciation and amortization
included in special items (0.9) (1.3) 1.4 (0.1) (3.2) — (3.0)
Adjusted EBITDA $ 135.9 $ 110.6 $ 158.7 $ 455.4 $ 381.6 $ 308.7 $ 294.8
Clariant MB pro forma adjustments(1) — — — — 75.1 133.2 141.5
Pro forma adjusted EBITDA $ 135.9 $ 110.6 $ 158.7 $ 455.4 $ 456.7 $ 441.9 $ 436.3
(1) Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects to the financing for the acquisition
2
Reconciliation of EBITDA by Segment
Three Months Ended
September 30,
Nine Months
Ended
September 30,
Year Ended
December 31,
2021 2020 2021 2020 2019 2018
Sales:
Color, Additives and Inks $ 586.6 $ 493.8 $ 1,820.3 $ 1,502.9 $ 1,003.8 $ 1,046.5
Specialty Engineered Materials 233.6 174.1 690.7 708.8 745.7 645.8
Distribution 438.8 276.9 1,205.9 1,110.3 1,192.2 1,265.4
Corporate and eliminations (39.2) (20.3) (99.6) (79.9) (79.0) (76.7)
Sales $ 1,219.8 $ 924.5 $ 3,617.3 $ 3,242.1 $ 2,862.7 $ 2,881.0
Operating income:
Color, Additives and Inks $ 66.8 $ 50.5 $ 241.9 $ 180.8 $ 147.4 $ 158.5
Specialty Engineered Materials 31.7 24.7 103.2 94.4 83.7 72.3
Distribution 23.8 17.5 71.5 69.5 75.4 71.5
Corporate and eliminations (43.6) (59.2) (109.4) (155.4) (149.7) (123.7)
Operating income $ 78.7 $ 33.5 $ 307.2 $ 189.3 $ 156.8 $ 178.6
Items below OI in Corporate:
Other income, net $ 1.4 $ 1.5 $ 4.1 $ 24.3 $ 12.1 $ (12.9)
Depreciation & amortization:
Color, Additives and Inks $ 26.6 $ 26.3 $ 79.2 $ 75.1 $ 42.7 $ 44.3
Specialty Engineered Materials 7.9 7.5 23.8 30.0 29.5 23.2
Distribution 0.2 0.2 0.6 0.7 0.5 0.7
Corporate and eliminations 2.1 2.5 4.1 9.2 5.4 4.4
Depreciation & Amortization $ 36.8 $ 36.5 $ 107.7 $ 115.0 $ 78.1 $ 72.6
EBITDA:
Color, Additives and Inks $ 93.4 $ 76.8 $ 321.1 $ 255.9 $ 190.1 $ 202.8
Specialty Engineered Materials 39.6 32.2 127.0 124.4 113.2 95.5
Distribution 24.0 17.7 72.1 70.2 75.9 72.2
Corporate and eliminations (41.5) (56.7) (105.3) (146.2) (144.3) (119.3)
EBITDA $ 116.9 $ 71.5 $ 419.0 $ 328.6 $ 247.0 $ 238.3
EBITDA as a % of Sales:
Color, Additives and Inks 15.9 % 15.6 % 17.6 % 17.0 % 18.9 % 19.4 %
Specialty Engineered Materials 17.0 % 18.5 % 18.4 % 17.6 % 15.2 % 14.8 %
Distribution 5.5 % 6.4 % 6.0 % 6.3 % 6.4 % 5.7 %
3
Reconciliation of Pro Forma EBITDA - Color, Additives and Inks
Year Ended
December 31,
2020 2019 2018
Sales:
Color, Additives and Inks $ 1,502.9 $ 1,003.8 $ 1,046.5
Clariant MB pro forma
adjustments(1) 540.4 1,118.6 1,209.8
Pro forma sales $ 2,043.3 $ 2,122.4 $ 2,256.3
Operating income:
Color, Additives and Inks $ 180.8 $ 147.4 $ 158.5
Clariant MB pro forma
adjustments(1) 45.0 72.9 80.3
Pro forma operating income $ 225.8 $ 220.3 $ 238.8
Depreciation & amortization:
Color, Additives and Inks $ 75.1 $ 42.7 $ 44.3
Clariant MB pro forma adjustments(1) 30.1 60.3 61.2
Pro forma depreciation & amortization $ 105.2 $ 103.0 $ 105.5
EBITDA
Color, Additives and Inks $ 255.9 $ 190.1 $ 202.8
Clariant MB pro forma
adjustments(1) 75.1 133.2 141.5
Pro forma EBITDA $ 331.0 $ 323.3 $ 344.3
Pro forma EBITDA as a % of Sales 16.2 % 15.2 % 15.3 %
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
4
Year Ended
December 31, 2020
Reconciliation of Pro Forma Adjusted
Earnings per Share Avient
Special
Items
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(1)
Pro Forma
Adjusted
Avient
Sales $ 3,242.1 $ — $ 3,242.1 $ 540.4 $ 3,782.5
Operating income $ 189.3 $ 73.7 $ 263.0 $ 45.0 $ 308.0
Interest expense, net (74.6) 10.1 (64.5) (18.1) (82.6)
Other income, net 24.3 (17.6) 6.7 — 6.7
Income taxes (5.2) (41.4) (46.6) (6.2) (52.8)
Net income attributable to noncontrolling
interests (1.8) — (1.8) — (1.8)
Net income from continuing operations
attributable to Avient shareholders $ 132.0 $ 24.8 $ 156.8 $ 20.7 $ 177.5
Weighted average diluted shares 90.6
Impact to diluted shares from January 2020 equity offering 1.5
Pro forma weighted average diluted shares 92.1
Pro forma adjusted EPS $ 1.93
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
Year Ended
December 31, 2019
Reconciliation of Pro Forma Adjusted
Earnings per Share Avient
Special
Items
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(1)
Pro Forma
Adjusted
Avient
Sales $ 2,862.7 $ — $ 2,862.7 $ 1,118.6 $ 3,981.3
Operating income $ 156.8 $ 71.7 $ 228.5 $ 72.9 $ 301.4
Interest expense, net (59.5) — (59.5) (33.4) (92.9)
Other income, net 12.1 (10.0) 2.1 — 2.1
Income taxes (33.7) (5.9) (39.6) (9.1) (48.7)
Net income attributable to noncontrolling
interests (0.2) — (0.2) — (0.2)
Net income from continuing operations
attributable to Avient shareholders $ 75.5 $ 55.8 $ 131.3 $ 30.4 $ 161.7
Weighted average diluted shares 77.7
Impact to diluted shares from January 2020 equity offering 15.3
Pro forma weighted average diluted shares 93.0
Pro forma adjusted EPS $ 1.74
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
5
AVNT November Investor Meetings.pdf
AVNT Q3 2021 Earnings Presentation.pdf
Final 10.27 606pm Q3 21 IR Deck Version v1.pdf
https://www.avient.com/sites/default/files/2020-10/tpe-injection-molding-guide.pdf
Polypropylene (PP) carriers are recommended for the harder SEBS formulations
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
O U R VA LUAT I O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
5.4
8.5
10.1 9.8
13.8
12.8
12.1 11.8
10.2
21.0
19.2
16.8
13.7 13.6
8.8 8.7 8.7 8.3 8.0
5.6
A
vi
en
t
(2
01
1)
A
vi
en
t
(2
01
6)
A
vi
en
t
(2
02
1)
A
vi
en
t
(T
od
ay
)
R
P
M
P
P
G
K
W
R
A
V
Y
FU
L
A
LB
E
C
L
H
X
L
A
S
H
FM
C
B
N
R
E
M
N
U
N
V
R
C
E
S
C
L
H
U
N
Historic Multiple
APPENDIX
Performance
Additives
15%
Pigments
13%
TiO2
11%
Dyestuffs
3%Polyethylene
12%
Nylon
6%
Polypropylene
5%
Other Raw
Materials
30%
Styrenic Block
Copolymer
5%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
48
• Significant raw material price inflation and
tight inventory continued in Q1 2022
o The average cost of hydrocarbon based
materials was up 30%
o The average cost of non-hydrocarbon based
materials was up 20%
• Additionally, we continued to experience
other supply chain challenges during Q1
related to raw material spot purchases,
freight constraints and productivity loss as
a result of these shortages
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Distribution business
SEGMENT DATA
U.S. & Canada
50%
EMEA
25%
Asia
16%
Latin America
9%
2021 SEGMENT, END MARKET AND GEOGRAPHY
50
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
23%
Packaging
19%
Industrial
16%
Building and
Construction
10%
Telecommunications
4%
Energy
2%
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs
$2,402M
$409M
$919M
$164M
$1,631M
$94M
Sales EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$581M$4,819M
(1)
Transportation
11%
Healthcare
15%
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
16%
Building &
Construction
10%
Transportation
9%
Energy
1% Telecommunications
1%
C O L O R , A D D I T I V E S & I N K S
2 0 2 1 R E V E N U E | $ 2 . 4 B I L L I O N
US & Canada
32%
EMEA
40%
Asia
21%
Latin America
7%
END MARKET REGION
51
All charts reflect 2021 financials
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Consumer
27%
Healthcare
10%
Packaging
7%
Telecommunications
16%
Transportation
11%
Industrial
11%
Building &
Construction
11%
Energy
7%
2 0 2 1 R E V E N U E | $ 9 1 9 M I L L I O N
END MARKET
US & Canada
55%
EMEA
25%
Asia
20%
REGION
52
All charts reflect 2021 financials
D I S T R I B U T I O N
Healthcare
26%
Consumer
23%
Packaging
5%
Industrial
20%
Transportation
16%
Building and
Construction
8%
Energy
1%
Telecommunications
1%
US & Canada
80%
Asia
3%
Latin
America
17%
END MARKET REGION
K E Y S U P P L I E R S
2 0 2 1 R E V E N U E | $ 1 . 6 B I L L I O N
53
All charts reflect 2021 financials
T O T A L C O M PA N Y R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
30%
Consumer
26%Healthcare
13%
Industrial
14%
Building &
Construction
5%
Telecommunications
2% Energy
2%
Asia
(16% of sales)
Transportation
8%
Packaging
32%
Consumer
13%
Healthcare
5%
Industrial
17%
Building &
Construction
12%
Telecommunications
5%
Energy
4%
EMEA
(25% of sales)
Transportation
12%
54
Consumer
25%
Healthcare
19%
Packaging
10%
Industrial
17%
Building &
Construction
10%
Telecommunications
4%
Energy
2%
US &
Canada
(50% of sales)
Transportation
13%
Packaging
38%
Consumer
33%
Healthcare
8%
Industrial
10%
Building &
Construction
5%
Telecommunications
1%
LATAM
(9% of sales)
Transportation
5%
All charts reflect 2021 financials
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2024-06/SEM Asia Product Selection Guide.pdf
INPUTS
• Base resins
• Additives
• Modifiers
• Colorants
EXPERTISE
Formulation expertise
in polymer materials,
services and solutions
VALUE
• OEMs
• Brand owners
• Processors
• Assemblers
WHAT WE DO
ENGINEERED
POLYMERS
Stat-Tech™
Electrically conductive &
EMI/RFI shielding
LubriOne™
Internally lubricated
Edgetek™
High strength & high
temperature performance
Edgetek™
Dk/Df series
3D-MID (Molded Interconnect
Device) with LDS process
Preperm™
Low loss dielectric
thermoplastics
Maxxam™
Polyolefin-based
Bergadur™
Polyester-based
Bergamid™
Polyamide-based
Gravi-Tech™
Metal replacement,
density modified
Therma-Tech™
Thermally conductive
OnForce™ & Complēt™
Long fiber reinforced
Trilliant™ HC Healthcare
Thermoplastics
Chemically resistant &
compliant with regulatory
requirements
Sustainable Engineered
Material Solutions
Bio-based polyamide
solutions & recycled solutions
THERMOPLASTIC
ELASTOMER (TPE)
Soft-Touch & Easy Processed TPEs
Good tactile qualities and ergonomics
Low Voc/Fog/Odor TPEs
Reduced volatile organic compounds (VOCs) and fogging
Specialty Nylon Overmolding TPEs
Overmolded onto various nylon substrates
to enhance performance and ergonomics
Sustainable Content TPEs
Based on renewable resources rather
than petroleum
Chemically Resistant TPEs
Long life and excellent chemical resistance
Vibration Damping TPEs
Dampen vibrations via energy transfer
Healthcare TPEs
Compliant with regulatory requirements
Food Grade TPEs
Suitable for use in contact with food
ELECTRICALLY
CONDUCTIVE
FORMULATIONS
Stat-Tech™ Static Dissipative &
Electrically Conductive Formulations
Reinforced short fiber and long fiber conductive
polymer formulations with a surface resistivity range
of 100 to 1012 ohm/sq
• Reduces weight, improves design freedom
and allows for consolidation of parts
• Protection from static buildup to minimize sparks
from damaging nearby electrical components
• Prevents interference from electromagnetic
and radio frequency (EMI/RFI) in critical electronic
components
• Reduces attraction of powder and fine particles
MATERIAL
DESCRIPTION
BASE
RESIN FILLER
FILLER
% COMPOSITION COLOR FLAMMABILITY UL
NN-10CF/000 BK001 PA66 CF 10 PA66+CF Black HB/3.2mm N
A70 C20 BK007 PA66 CF 20 PA66+CF Black HB/3.2mm N
NN-30CF/000 BK006 PA66 CF 30 PA66+CF Black HB/3.2mm N
NN-40CF/000 FRV0
NATURAL
PA66 CF 40 PA66+CF FR Natural V-1/0.75mm,V-0/3mm Y
NN-40CF/000 NHFR
V0 NATURAL
PA66 CF 40 PA66+CF NHFR Natural V-0/0.75mm,V-0,5VA/3mm Y
ST6000-8009 RS
BLACK
PA6 CF 20 PA6+CF Black HB/3.2mm N
ST6000-8028 ESD
BK001
PA6 CF 30 PA6+CF Black HB/3.2mm N
NY-40CF/000 BLACK PA6 CF 40 PA6+CF Black HB/3.2mm N
ST3200-8118 ESD
BK001
PC CB 15 PC+CB Black HB/3.2mm N
PC-30CF/000 BK701 PC CF 30 PC+CF Black HB/1.6mm N
PC-10CF/000 NH FR
BK033
PC CF 10 PC+CF NH FR Black V-0/3.2mm Y
PC-15CF-15GF/000
NH FR V0 BLACK
PC CF+GF 15 PC+CF+GF NHFR Black V-1/1.5mm; V-0/3.0mm Y
AS-10CF/000 BK001 ABS CF 10 ABS+CF Black HB/1.6mm N
AS-20CF/000 BK001 ABS CF 20 ABS+CF Black HB/3.2mm N
AS-10CF/000 FR
BK004
ABS CF 10 ABS+CF FR Black V-0/1.6mm N
ST9600-8007 ESD
BK001
LCP CF/Mineral 30/15 LCP+CF+Mineral Black V-0/0.4mm N
PK-30CF/000 BK PEEK CF 30 PEEK+CF Black V-0/0.8mm N
ST9800-8048 CR ESD
BK001
PEEK CNT — PEEK+CNT Black HB/3.2mm N
AT-11CB/000 BLACK POM CB 11 POM+CB Black HB/3.2mm N
AT-10CF/000 BLACK POM CF 10 POM+CF Black HB/1.6mm N
ST5200-8035 ESD
BK001
PP CB 15 PP+CB Black HB/1.5mm,HB/3mm Y
ST7400-8016 ESD
BK006
PS CB 15 HIPS+CB Carrier Tape Black HB/3.2mm N
NJ-30CF/000 BK001 PA12 CF 30 PA12+CF Black HB/3.2mm N
INTERNALLY
LUBRICATED
SOLUTIONS
LubriOne™ Internally
Lubricated Formulations
Self-lubricating material with low
coefficient of friction and improved
wear-resistance
• Improves product durability
• Reduces friction, heat buildup
and vibration
• Improved process ability
• Excellent property retention and
reduced maintenance over time
MATERIAL
DESCRIPTION
BASE
RESIN FILLER
FILLER
% COMPOSITION COLOR FLAMMABILITY UL
NN-30CF/15T BK005 PA66 CF 30 PA66+CF+PTFE Black HB/1.6mm N
NN-30GF/15T NC059 PA66 GF 30 PA66+GF+PTFE Natural HB/1.6mm N
NN-30GF/13T-2S
BLACK
PA66 GF 30 PA66+GF+PTFE+Si Black HB/1.6mm N
NN-000/20T BK011 PA66 — — PA66+PTFE Black HB/3.2mm N
PC-000/05T BLACK PC — — PC+PTFE Black HB/1.6mm Y
PC-15CF/10T-2S BLK PC CF 15 PC+CF+PTFE+Si Black HB/1.6mm Y
PC-10GF/10T NC048 PC GF 10 PC+GF+PTFE Natural HB/3.2mm N
PC-20GF/15T FR BLK PC GF 20 PC+GF+PTFE FR Black V-0/1.5mm Y
PC-20GF/15T-2S
BLK008
PC GF 20 PC+GF+PTFE+Si Black HB/1.6mm N
AT-10CF/5T BLACK POM CF 10 POM+CF+PTFE Black HB/1.6mm Y
AT-000/05T NATURAL POM — — POM+PTFE Natural HB/1.6mm N
AT-000/15T BLACK POM — — POM+PTFE Black HB/1.6mm Y
AT-000/18T-2S BLK POM — — POM+PTFE+Si Black HB/1.6mm Y
AT-30GF/15T BLACK POM GF/PTFE 30/15 POM+GF+PTFE Black HB/3.2mm Y
MP-20CF/15T BLK PPO CF 20 MPPO+CF+PTFE Black HB/1.6mm Y
MP-20GF/15T BLK PPO GF 20 MPPO+GF+PTFE Black HB/1.6mm Y
SF-30CF/15T BLACK PPS CF 30 PPS+CF+PTFE Black V-1/0.75mm; V-0/3.0mm Y
SF-30GF/15T BK006 PPS GF 30 PPS+GF+PTFE Black V-0/1.6mm N
AS-000/15T BK002
ROHS
ABS — — ABS+PTFE Black HB/1.6mm N
LB9800-8001 AR
BLACK
PEEK
CF+ Graphite
+PTFE
30 PEEK+CF+PTFE+Graphite Black V-0/0.8mm N
MATERIAL
DESCRIPTION
BASE
RESIN FILLER
FILLER
% COMPOSITION COLOR FLAMMABILITY UL
PK-000/000 Natural PEEK — 0 PEEK Unfilled Natural V-0/0.75mm N
PK-30GF/000 BK PEEK GF 30 PEEK+GF Black V-0/1.6mm N
PA-50GF/000 BK004 PPA GF 50 PPA+GF Black HB/1.6mm N
PPA-40GF/000 FRV0
Black
PPA GF 40 PPA+GF Black HB/1.6mm N
SF-10GF/000 RS BK PPS GF 10 PPS+GF Black V-0/0.75mm N
SF-15GF/000 RS
BK001
PPS GF 15 PPS+GF Black V-0/0.75mm Y
SF-20GF/000 RS BK PPS GF 20 PPS+GF Black V-0/0.75mm Y
SF-30GF/000 BK003 PPS GF 30 PPS+GF Black V-0/0.75mm Y
SF-40GF/000 BLACK PPS GF 40 PPS+GF Black V-0/0.75mm Y
SF-65GM/000 RS NC PPS GF/Mineral 65 PPS+GF+Mineral Natural V-0/1.6mm N
HIGH STRENGTH
& TEMPERATURE
PERFORMANCE
Edgetek™ Engineered
Polymer Formulations
Structurally Reinforced Materials
• Improve strength, stiffness,
and dimensional stability
High Temperature Formulations
• Retain physical properties and
dimensional stability at elevated
temperatures
• Based on amorphous and
semi-crystalline resins
High Temperature Formulations
High Strength Formulations
MATERIAL
DESCRIPTION
BASE
RESIN FILLER
FILLER
% COMPOSITION COLOR FLAMMABILITY UL
AS-000/000 BK079 ABS — 0 ABS Unfilled Black HB/1.6mm N
AS-10GF/000 BLACK ABS GF 10 ABS+GF Black HB/1.5mm Y
AS-20GF/000 BLACK ABS GF 20 ABS+GF Black HB/1.5mm Y
AS-000/000 FR BK521 ABS — 0 ABS Unfilled, FR Black V-0/1.6mm N
PC-10GF/000 BLACK PC GF 10 PC+GF Black HB/3.2mm Y
PC-20GF/000 FR BK PC GF 20 PC+GF Black V-0/3mm,V-2/1.5mm Y
PC-30GF/000 BLACK PC GF 30 PC+GF Black V-1/3.0mm Y
PC-5GF/000 FR BK003 PC GF 5 PC+GF, FR Black V-0/3.2mm Y
PC-10GF/000 FR V0 BLACK PC GF 10 PC+GF, FR Black V-1/1.5mm; V-0/3.0mm Y
PC-30GF/000 FR V0 BK007 PC GF 30 PC+GF, FR Black V-2/0.75mm; V-0/1.5mm Y
PC-40GF/000 FR V0 BK PC GF 40 PC+GF, FR Black V-1/1.5mm; V-0/3.0mm Y
PC-10GF/000 NHFR NC701 PC GF 10 PC+GF, NHFR Natural V-0/1.5mm N
PC-20GF/000 NH FRV0 BLK PC GF 20 PC+GF, NHFR Black V-1/1.0mm; V-0/1.5mm Y
PC-30GF/000 NH FR 5VA
NATURAL
PC GF 30 PC+GF, NHFR Black V-0, 5VA/6.0mm Y
ET3200-8001 LG PC — 0
PC Unfilled, Light
Diffusion
Natural HB/1.6mm N
C310 BK111 POM — 0 POM Unfilled Black HB/1.6mm N
AT-10GF/000 BLACK POM GF 10 POM+GF Black HB/1.6mm N
AT-20GF/000 BLACK POM GF 20 POM+GF Black HB/1.6mm N
AT-30GF/000 NC005 S-ROHS POM GF 30 POM+GF Natural HB/1.6mm N
AT-000/000 HI BK066 POM — 0 POM Unfilled, Impact Black HB/1.6mm N
MP-20GF/000 BLK PPO GF 20 MPPO+GF Black HB/1.6mm Y
MP-30GF/000 BLACK PPO GF 30 MPPO+GF Black HB/1.6mm Y
NL-20GF/000 BK002 PA612 GF 20 PA612+GF Black HB/1.6mm N
NI-30GF/000 BK002 PA610 GF 30 PA610+GF Black HB/1.6mm N
CY1000 BK193 PCABS — 0 PC/ABS Unfilled Black HB/1.6mm N
CY1000-20GF/000 BK005 PCABS GF 20 PC/ABS+GF Black HB/1.6mm N
CY4000 BK006 PCPBT — 0 PC/PBT Black HB/1.0mm Y
CY8000 BK003 PBTASA GF 30 PBT/ASA+GF Black HB/3.2mm N
CY8000-20GF/000 NC003 PBTASA GF 20 PTB/ASA+GF Natural HB/3.2mm N
Dk/Df SERIES
Edgetek™ Formulations for 5G
• Faster design qualification
and shorter lead times
• Customizable for Dk and Df values
• Accelerated speed to market
• Design flexibility
• High heat resistance
• Compatible with SMT
MATERIAL
DESCRIPTION
BASE
RESIN
Dk
(1 GHz) Df
OTHER
FEATURES
ET7600-8027 RS NC001 PPE 3.00 0.0012 —
ET7600-8025 RS NC001 PPE 3.10 0.0012 —
ET7600-8037 RS NC001 PPE 3.35 0.0008 —
ET7600-8019 RS NC001 PPE 3.60 0.0012 —
ET7600-8028 RS NC001 PPE 3.80 0.0012 —
ET7600-8026 RS NC001 PPE 4.40 0.0012 —
ET7600-8044 RS NC001 PPE 4.80 0.0012 —
ET7600-8029 RS NC001 PPE 5.30 0.0007 —
ET7600-8041 RS NC001 PPE 5.50 0.0009 —
ET7600-8048 RS NC001 PPE 6.00 0.0006 —
ET7600-8036 RS NC001 PPE 7.00 0.0005 —
ET7600-8056 RS NC001 PPE 7.00 0.0010 —
ET7600-8031 RS NC001 PPE 9.00 0.0009 —
ET7600-8053 RS NC001 PPE 9.00 0.0009 High flow
ET7600-8064 RS NC001 PPE 10.00 0.0012 —
ET7600-8051 RS NC001 PPE 12.00 0.0009 —
ET7600-8074 RS NC001 PPE 12.00 0.0013 —
ET7600-8057 RS NC001 PPE 18.50 0.0011 —
ET9600-8026 RS BK001 LCP 2.90 0.005 —
ET9600-8029 RS BK001 LCP 3.30 0.005 —
ET9600-8030 RS BK001 LCP 3.50 0.005 —
ET9600-8017 RS NC001 LCP 5.50 0.005 —
3D-MID
(MOLDED INTERCONNECT DEVICE)
WITH LDS PROCESS
Edgetek™ 3D/LDS Solutions
• Can increase design flexibility especially for
circuit design, 3D antenna design, and
complex shapes
• Can be customized to specific Dk values
and delivered within weeks
• Effective for circuit designs constrained
by a limited space
• Can be customized to resist heat, with deflection
temperatures ranging from 200°C to 278°C
MATERIAL
DESCRIPTION
BASE
RESIN
Dk
(1 GHz) Df
WELDING
CAPABILITY
OTHER
FEATURES
ET9600-8010 LDS BK001 LCP 4.00 0.006 280+°C —
ET9600-8015 LDS BK001 LCP 3.90 0.004 280+°C —
ET9600-8018 LDS BK001 LCP 3.44 0.004 280+°C —
ET9600-8022 LDS BK001 LCP 3.06 0.004 280+°C —
ET7600-8047 LDS NC001 PPE 2.60 0.002 No (SMT) —
ET7600-8052 LDS NC001 PPE 4.50 0.004 No (SMT) —
ET7600-8040 LDS RS NC001 PPE 6.00 0.002 No (SMT) —
ET7600-8043 LDS RS NC001 PPE 9.00 0.004 No (SMT) —
ET3200-8205 LDS NHFR
BK001
PC 2.84 0.006 No (SMT)
Halogen free FR V0,
High impact
ET3200-8285 LDS BK001 PC 2.82 0.005 No (SMT) High impact
ET3200-8207 LDS BK001 PC 2.84 0.007 No (SMT) High impact
ET3200-8198 RS LDS BK001 PC 3.10 0.007 No (SMT) GF reinforced
ET9200-8050 RS LDS NC001 PPS 4.00 0.003 No (SMT) GF reinforced
LOW LOSS
DIELECTRIC
THERMOPLASTICS
PREPERM™ Low Loss
Thermoplastics
Filled polymer that uniformly
dissipates heat (not insulative)
• Consistent and efficient antenna
performance
• Replacement for ceramic materials
• Good temperature and humidity resistance
• Greater design freedom and processing
efficiencies
• Good colorability
• Customizable formulations available
MATERIAL DESCRIPTION BASE RESIN
Dk
2.5GHz) Df OTHER FEATURES
RS260 PPE 2.58 0.0009 —
RS260HI PPE 2.58 0.0010 Impact modified
PPE260 PPE 2.60 0.0005 —
RB260 PPE 2.61 0.0012 Black
RS265FR PPE 2.65 0.0032 FR V0@1.5mm
PPE300 PPE 3.00 0.0009 —
PPE320 PPE 3.20 0.0010 —
PPE350 PPE 3.50 0.0009 —
PPE350A PPE 3.50 0.0010 Improved metallization, improved adhesion
PP7600-8038 NHFR RS BK001 PPE 3.80 0.0010 NHFR V0
PPE400 PPE 4.00 0.0009 —
PPE400FR PPE 4.00 0.0030 FR V0@1.5mm
PPE440 PPE 4.40 0.0009 —
PPE500 PPE 5.00 0.0009 —
PPE500COL PPE 5.00 0.0010 Purple
PPE650 PPE 6.50 0.0009 —
PPE800 PPE 8.00 0.0009 —
PPE950 PPE 9.50 0.0010 —
PPE1200 PPE 12.00 0.0010 —
H1500HF PPE 15.00 0.0010 —
LCP580 LCP 5.80 0.0047 —
PP9200-8038 RS BK001 PPS 3.85 0.0030 —
PP9200-8080 RS Natural PPS 4.00 0.0025 —
POLYOLEFIN-
BASED
SOLUTIONS
Maxxam™ Polyolefin
Formulations
• Custom colors & laser-markable
formulations to differentiate
end products
• Food-contact compliant grades
to mitigate risk and shorten
approval processes
• Customized performance
characteristics depending
on application needs
• Good stiffness, durability, impact
resistance and UV stability
• Can be formulated for injection
molding, extrusion or blow
molding processes
• Applicable to the transportation,
industrial, consumer, electrical
and electronic, and building and
construction industries
Maxxam™ Polyolefin Formulations
MATERIAL
DESCRIPTION
BASE
RESIN FILLER
FILLER
% COMPOSITION COLOR FLAMMABILITY UL
OTHER
FEATURES
TH-218.G001-1277 PP — — PP Unfilled Natural HB/1.6mm N —
PP10 BK008 PP GF 30 PP+GF Black HB/1.6mm N —
PPR 40G BK701 PP GF 40 PP+GF Black HB/1.6mm N —
NM-818.H001-8046 PP GF 20 PP+GF, HS Black HB/1.6mm Y
Chemically
Coupled
GV-819.G001-8065 PP GF 30 PP+GF, Impact Black HB/1.6mm Y —
PP-40GF/000 Black PP GF 40 PP+GF, Impact Black HB/1.5mm Y —
PP5940 B131C PP GF/Mineral 25/15 PP+GF+Mineral Black — N —
Maxxam F5134T2-4 PP Talc 20 PP+Mineral, HS Black — N
High Heat
Resistance,
High Stiffness
PP6 BK067 N (RoHS) PP Mineral 20
PP+Mineral,
Impact
Natural HB/1.6mm N
PP8 BK027-AF PP Mineral 40
PP+Mineral,
Anti-fogging
Black HB/1.6mm N
High Heat
Resistance,
Low Fogging
Maxxam™ FR Flame Retardant Polyolefin Formulations
MATERIAL
DESCRIPTION
BASE
RESIN FILLER
FILLER
% COMPOSITION COLOR FLAMMABILITY UL
OTHER
FEATURES
PP 301 BLK 1284-
11 S
PP — — PP Unfilled, FR Black V-0/0.75mm Y —
QD-813.Y001-1000
RoHS
PP GF 30 PP+GF, FR Natural V-0/1.5mm 5VA/2.0mm Y —
QD-813.Y001-1001
(F1)
PP GF 30 PP+GF, FR Natural V-0/1.6mm N F1 Compliance
QD-813.Y003-1720 PP GF 30 PP+GF, FR Natural V-0/1.5mm Y —
NR-418.Y001-8147 PP Talc 20 PP+Mineral, FR Black V-0/1.6mm N —
PP FR 8-6A Natural-
RoHS
PP Talc 15
PP+Mineral, FR,
Impact
Natural
V-0/0.75mm
5VA/3.0mm
Y —
POLYESTER-BASED
SOLUTIONS
Bergadur™ Polyester Formulations
Specialty solutions based on polyester and
polyester blends
• Custom formulations to address specific
requirements, such as pre-colored compounds
and reinforced solutions
• Provides excellent dimensional stability
that addresses high end applications
• Flame retardant grades include
UL-listed and non-halogen solutions
MATERIAL
DESCRIPTION
BASE
RESIN FILLER
FILLER
% COMPOSITION COLOR FLAMMABILITY UL
OTHER
FEATURES
PB40 BK029 PBT — 0 PBT Unfilled Black HB/1.6mm N —
PBT-GL10 BK008 PBT GF 10 PBT+GF Black HB/1.6mm N —
PBT-GL20 BK004 PBT GF 20 PBT+GF Black HB/1.6mm N —
PBT-GL30 BK007 PBT GF 30 PBT+GF Black HB/1.6mm N —
BR3300-8079 RS LW
BK001
PBT GF 30 PBT+GF Black HB/1.6mm N
Laser
Weldable
PB40 G50 BK003 PBT GF 50 PBT+GF Black HB/1.6mm N —
BR3300-8065 RS
BK001
PBT GF/GB 35 PBT+GF+GB Black HB/1.6mm N —
PB40 G/K40 BK016 PBT GF/GB 40 PBT+GF+GB, HS Black HB/1.6mm N —
PB40 IM BK041 PBT — 0 PBT Unfilled, Impact Black HB/1.6mm N —
PBT-GL10 EM BK008 PBT GF 10 PBT+GF, Impact Black HB/1.6mm N —
PB40 G20 BK009 PBT GF 20 PBT+GF, Impact Black HB/1.6mm N —
PB40 GB20 TM-X
NC044
PBT GB 20 PBT+GF, Impact Natural HB/1.6mm N —
PB40 GK30 BK002 PBT GB 30 PBT+GF, Impact Black HB/1.6mm N —
PB40 G20 U NC015 PBT GF 20 PBT+GF, FR Natural V-0/1.6mm N
Chemical
Resistant
PB400 G30 UF UV
NC063
PBT GF 30 PBT+GF, NHFR, UV Natural V-0/0.8mm Y —
PB400 G/C 30 U
BK075
PBT CF+GF 10/20 PBT+CF+GF, FR Black V-0/1.6mm N
ESD
Protection
POLYAMIDE
SOLUTIONS
Bergamid™ Polymer Formulations
Specialty solutions based on nylon (PA6, PA66
and PA66/6)
• Standard grades meet a wide variety of
performance needs
• Solutions available that address key market
needs, such as warpage reduction, increased
tensile strength and improved aesthetics
• Flame retardant grades in portfolio including
non-halogen solutions
PA6 Formulations
MATERIAL
DESCRIPTION
BASE
RESIN FILLER
FILLER
% COMPOSITION COLOR FLAMMABILITY UL
B700 BK731 PA6 — — PA6 Unfilled Black V2 Y
B70 TM-Y BK138 PA6 — — PA6 Unfilled, Impact Black HB/1.6mm N
B700 UF NC108 PA6 — — PA6 Unfilled, NHFR Natural V-0/0.40mm Y
B70 G15 black PA6 GF 15 PA6+GF Black HB/1.6mm N
B70 G25 BK017S PA6 GF 25 PA6+GF Black HB/1.6mm Y
B70 G30 BK PA6 GF 30 PA6+GF Black HB/1.6mm N
B70 G50 SCHWARZ PA6 GF 50 PA6+GF Black HB/3.2mm N
B700 G15 H BK041 PA6 GF 15 PA6+GF, HS Black HB/1.6mm Y
GF600 A20 HS BK053 PA6 GF 20 PA6+GF, HS Black HB/1.6mm N
B700 G30 H BLACK PA6 GF 30 PA6+GF, HS Black HB/0.70mm Y
B70 G30 TM-Y NC121 PA6 GF 30 PA6+GF, Impact Natural HB/1.6mm Y
B70 G35 NC035 PA6 GF 35 PA6+GF, HS Natural HB/1.6mm Y
B70 G40 H BK039 PA6 GF 40 PA6+GF, HS Black HB/1.6mm Y
B70 G40 H NC046 PA6 GF 40 PA6+GF, HS Natural HB/1.6mm Y
B70 G40 H UV BK043 PA6 GF 40 PA6+GF, HS, UV Black HB/1.6mm Y
B70 G40 TM-X BK023 PA6 GF 40 PA6+GF, Impact Black HB/1.6mm Y
B70 G45 NC042 PA6 GF 45 PA6+GF, HS Natural HB/1.6mm Y
B70 G50 BK055 PA6 GF 50 PA6+GF, HS Black HB/1.6mm Y
B70 G50 H NC057 PA6 GF 50 PA6+GF, HS Natural HB/1.6mm Y
B70 G60 H BK063 PA6 GF 60 PA6+GF, HS Black HB/1.6mm N
B70 G15 TM-Z BLACK PA6 GF 15 PA6+GF, Impact Black HB/1.6mm N
B700 G35 BLACK TM-Y PA6 GF 35 PA6+GF, Impact Black HB/1.6mm N
B70 G15 UV NC705 PA6 GF 15 PA6+GF, UV Natural HB/1.6mm N
B70 G15 U-SO BK060 PA6 GF 15 PA6+GF, FR Black V-0/3.2mm N
B700 G20 H UF GREY PA6 GF 20 PA6+GF, HS, NHFR Grey V-0/1.6mm Y
B70 G/GK30 BK178 PA6 GF/GB 30 PA6+GF+GB Black HB/1.6mm N
B70 GK15 BK012 PA6 GB 15 PA6+GB Black HB/1.6mm N
B70 GK25 BK021 PA6 GB 25 PA6+GB Black HB/1.6mm N
B70 GK30 BK186 ROHS(NEW) PA6 GB 30 PA6+GB Black HB/1.6mm N
B70 MI40 NC004 PA6 Mineral 40 PA6+Mineral Natural HB/1.6mm N
GMF600 40 BK035 PA6 GF/Mineral 40 PA6+GF+Mineral Black HB/1.6mm N
GMF 604 40 UV BLACK148 PA6 GF/Mineral 40 PA6+GF+Mineral, UV Black HB/1.6mm N
PA6 G/MI20 FR black PA6 GF/Mineral 20 PA6+GF+Mineral, FR Black V-2/1.6mm N
B70 GK5 MI25 BK705 PA6 GB/Mineral 30 PA6+GB+Mineral Black HB/1.6mm N
PA66 Formulations
MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL OTHER FEATURES
A70 BK115 PA66 0 PA66 Unfilled Black V-2/1.6mm N —
BG6600-8132 LW BK001 PA66 0 PA66 Unfilled Black HB/1.6mm N Laser weldable
A70 TM-Z BK705 PA66 0 PA66 Unfilled, Impact Black HB/1.6mm N —
A70 GK30 H NC132 PA66 GB 30 PA66+GB Natural HB/1.6mm N —
A70 GK30 H NATURAL PA66 GB 30 PA66+GB, HS Natural HB/1.6mm N —
A70 G10 H BK032 PA66 GF 10 PA66+GF Black HB/1.6mm N —
A70 G15 H BK013 PA66 GF 15 PA66+GF Black HB/1.6mm N —
A70 G20 H BK014 PA66 GF 20 PA66+GF Black HB/1.6mm N —
A70 G25 H BK709 PA66 GF 25 PA66+GF Black HB/1.6mm N —
BG6600-8118 RS LW BK001 PA66 GF 30 PA66+GF Black HB/1.6mm N Laser Weldable
A70 G30 H BK094 PA66 GF 30 PA66+GF Black HB/1.6mm N —
A70 G33 H NC285 PA66 GF 33 PA66+GF Natural HB/1.6mm N —
A70 G35 H BK047 PA66 GF 35 PA66+GF Black HB/1.6mm N —
A70 G40 BK018 PA66 GF 40 PA66+GF Black HB/1.6mm N —
A70 G50 H BK028 PA66 GF 50 PA66+GF Black HB/1.6mm N —
A70 G15 TM-Z BK098 PA66 GF 15 PA66+GF, Impact Black HB/1.6mm N —
A70 G15 HW black TM-Z PA66 GF 15 PA66+GF HS, Impact Black HB/1.6mm N —
A70 G20 H TM-X BK708 PA66 GF 20 PA66+GF, Impact Black HB/1.6mm N —
A70 G30 TM-Y NC144 PA66 GF 30 PA66+GF, Impact Natural HB/1.6mm N —
A70 G33 TM-X NC281 PA66 GF 33 PA66+GF, Impact Natural HB/1.6mm N —
A70 G50 TM-X NC029 PA66 GF 50 PA66+GF, Impact Natural HB/1.6mm N —
A700 G15 H W UF NC059 PA66 GF 15 PA66+GF, NHFR Natural V-0/0.40mm Y —
A700 G20 H WUF BK702 PA66 GF 20 PA66+GF, NHFR Black V-0/1.6mm Y —
A700 G25 H WUF BK039 PA66 GF 25 PA66+GF, NHFR Black V-0/0.40mm Y —
NN-30GF/000 FR V0 BLACK PA66 GF 30 PA66+GF, NHFR Black V-0/1.5mm Y —
A70 G35 UF Black SO PA66 GF 35 PA66+GF, NHFR Black V-0/0.80mm Y —
A700 G25 U NC047 PA66 GF 25 PA66+GF, FR Natural V-0/1.6mm Y —
A700 G15 U-S0 BK035 PA66 GF 15 PA66+GF, FR Black
V-0/3.0mm
V-0/1.6mm
Y (3mm)
N (1.6mm)
—
A700 G25 U-S0 BK017 PA66 GF 25 PA66+GF, FR Black V-0/3.0mm Y —
A700 G30 U-S0 BK064 PA66 GF 30 PA66+GF, FR Black V-0/3.0mm N —
A70 G30 UV BK207 PA66 GF 30 PA66+GF, UV Black HB/1.6mm N —
A70 G25 MI15 LS BK PA66 GF/Mineral 40 PA66+GF+Mineral, HS Black HB/1.6mm N Laser Markable
METAL
REPLACEMENT,
DENSITY-MODIFIED
SOLUTIONS
Gravi-Tech™ Density-Modified
Formulations
Customizable, high-density polymer composite
that can replace die-cast or machined metal, such
as aluminum or lead, for a variety of application
requirements and densities
• Improved design freedom which can lead to
part consolidation and subsequent cost savings
in production
• Material heft which imparts a sense of quality
and luxury to improve end user experience
• Easier to process than traditional metals
• Provides the touch and feel experience typical
of metal
MATERIAL DESCRIPTION BASE RESIN FILLER COMPOSITION COLOR
GT6000-8029 GRV NC001 PA6 Metal PA6+Metal Natural
GT6000-8028 GRV NC001 PA6 Metal PA6+Metal Natural
GT7300-8054 GRV NC001 ABS Mineral ABS+Mineral Natural
GT7300-8050 GRV NC001 ABS Metal ABS+Mineral Natural
GT7300-8062 GRV Grey VN8909CF ABS Metal ABS+Metal Grey
GT5200-8024 GRV NC001 PP Metal PP+Mineral Natural
GT5200-8025 GRV NC001 PP Mineral PP+Mineral Natural
GT5200-8010 GRV NC001 PP Mineral PP+Mineral Natural
GT3300-8001 GRV WT001 PBT Mineral PBT+Mineral White
GT3300-8002 GRV GY001 PBT Metal PBT+Metal Grey
GT9200-8002 GRV BK001 PPS Metal PPS+Metal Black
THERMALLY
CONDUCTIVE
SOLUTIONS
Therma-Tech™ Thermally
Conductive Formulations
Filled polymer that uniformly
dissipates heat (not insulative)
• Facilitates light weighting and
increased electrification, leading
to lower fuel consumption and
CO2 emissions
• Lowers cost versus cast or
machined components
• Reduces assembly costs due
to part consolidation
• Extends product life via effective
thermal management
MATERIAL DESCRIPTION BASE RESIN COLOR FLAMMABILITY OTHER FEATURES
TT6000-8713 EI NHFR PA Natural V-0/1.6mm TC 1.1 EI
TT6000-8711 EI NHFR WHITE PA White V-0/1.6mm TC 1.0-2.0 EI
TT6600-5001-8 EC GREY PA Grey — TC 19-21 EC
TT9200-8705 EI BLACK PPS Black V-0 TC 2.0 EI
TT9200-8706 EC Black PPS Black V-0 TC 14-15 EC
TT9200-8707 EC Black PPS Black V-0 TC 15-20 EC
TT9200-8708 EC Black PPS Black V-0 TC 14-15 EC
TT3300-8701 EI FR BK PBT Black V-0/1.6mm TC 0.9-2.0 EI
TT9200-8012 EC BK001 PPS Black — TC 6-10 EC
TT9200-8015 EC BK001 PPS Black — TC 10-14 EC
LONG FIBER
REINFORCED SOLUTIONS
OnForce™ Long Glass Fiber Reinforced
Polypropylene Composites &
Complēt™ Long Fiber Reinforced
Structural Thermoplastics
Thermoplastics reinforced with long carbon,
glass or specialty fibers
• High strength-to-weight ratio enables metal
replacement to achieve weight reduction
• Consolidates parts to simplify manufacturing
• Uses less energy for transport (due to
weight reduction)
• Allows designers to integrate fasteners
and other features
MATERIAL DESCRIPTION BASE RESIN FILLER
FILLER
% COMPOSITION COLOR
OnForce™ LFT PP-30LGF/001 NATURAL PP LGF 30 PP+LGF Natural
OnForce™ LFT PP-30LGF/001 BLACK UV PP LGF 30 PP+LGF Black
OnForce™ LFT PP-40LGF/001 NATURAL PP LGF 40 PP+LGF Natural
OnForce™ LFT PP-40LGF/001 BLACK UV PP LGF 40 PP+LGF Black
OnForce™ LFT NN-30LGF/000 HS NATURAL PA66 LGF 30 PA66+LGF Natural
OnForce™ LFT NN-30LGF/000 HS UV BLACK PA66 LGF 30 PA66+LGF Black
OnForce™ LFT NN-40LGF/000 HS NATURAL PA66 LGF 40 PA66+LGF Natural
OnForce™ LFT NN-40LGF/000 HS UV BLACK PA66 LGF 40 PA66+LGF Black
OnForce™ LFT NN-50LGF/000 HS NATURAL PA66 LGF 50 PA66+LGF Natural
OnForce™ LFT NN-50LGF/000 HS UV BLACK PA66 LGF 50 PA66+LGF Black
OnForce™ LFT NN-60LGF/000 HS NATURAL PA66 LGF 60 PA66+LGF Natural
OnForce™ LFT NN-60LGF/000 HS UV BLACK PA66 LGF 60 PA66+LGF Black
Complet™ LCF40-TPU-5 1000 GRY TPU LCF 40 — Grey
Complet™ LCF15-PBT-5 3000 BLK PBT LCF 15 — Black
Complet™ LCF40-PEI-5 1000GRY PEI LCF 40 — Grey
Complet™ LGF50-PARA-5 NHFR 1000 NAT PARA LGF 50 — Natural
Complet™ LCG40-PA66-5 1000 GRY PA66 LCF/LGF 40 — Grey
HEALTHCARE
THERMOPLASTICS
Trilliant™ HC Healthcare
Thermoplastics
• Chemically resistant replacement for FR PC/ABS,
FR PC/PET & FR COPE, providing UL 94 Yellow Card V-0
flame rating at 1.5 mm, V-1 at 0.75 mm thicknesses for
a broad color spectrum
• Outperforms PC/ABS, PC/PET and COPE in resistance
to common disinfectants
• Retains tensile strength after 72-hour exposure to
common hospital disinfectants, and shows better
long-term chemical resistance as compared to PC
blends and COPE
• Exhibits good impact and temperature resistance
• Custom pre-color formulations support product
differentiation in the healthcare industry
• Applications include medical device housings, MRI,
X-ray, CT scanner components, surgical instruments
such as staplers, dissectors, scissors, auto-injector pens
MATERIAL
DESCRIPTION
BASE
RESIN
HC2020 Copolyester
HC8910/8920
Polyketone/
ABS blend
HC2120 Tritan
HC3120 PC
HC5210 PP
HC6010 PA6
HC6610 PA66
GRV-NP-110-W PA12
BIO-BASED
AND RECYCLED
POLYAMIDE
SOLUTIONS
Nymax™ Bio-based Polyamide Solutions
• Achieves equivalent performance to PA66 glass
fiber-filled formulations using bio-based material
to reduce carbon footprint
• Delivers excellent dimension stability and
property retention rate after water uptake
• Offers lower warpage plus excellent surface
appearance and colorability compared with PA66
glass fiber-filled materials
• Provides a cost-effective option to PA66 glass
fiber-reinforced materials
MATERIAL
DESCRIPTION FILLER
FILLER
% COMPOSITION COLOR FEATURES
BIO CONTENT
%
NM5600-8004 RS NC001 GF 50 PA56+GF Natural — 23
NM5600-8005 RS LWA NC001 GF 50 PA56+GF Natural Low water absorption 18
NM5600-8006 RS LWA NC001 GF 50 PA56+GF Natural Low water absorption 16
NM5600-8002 RS NC001 GF 30 PA56+GF Natural — 32
NM5600-8003 RS LWA NC001 GF 30 PA56+GF Natural Low water absorption 27
NM5600-8007 RS LWA NC001 GF 30 PA56+GF Natural Low water absorption 23
NM5600-8001 NC001 Unfilled 0 PA56 Unfilled Natural — 45
Recycled Formulations
• Enhances value of end-products
• Appeals to eco-conscious consumers
• Offers performance comparable to virgin
engineering materials
• Reduces carbon emissions
• PCR or PIR solutions available
MATERIAL
DESCRIPTION
BASE
RESIN FILLER
FILLER
% COMPOSITION COLOR FLAMMABILITY
RECYCLE
TYPE
RECYCLE
CONTENT
%
OTHER
FEATURES
ET3200-8254 C
NC030
PC Unfilled 0 PCR PC Unfilled Transparent — PCR 30 —
ET3200-8233 RS C
BK035
PC GF 10 PCR PC + GF Black — PCR 35 —
ET3200-8235 RS C
BK030
PC GF 20 PCR PC + GF Black — PCR 30 —
ET3200-8237 RS FR
C BK025
PC GF 30 PCR PC + GF Black V0 1.5 PCR 25 FR
ET3200-8234 RS C
BK070
PC GF 10 PCR PC + GF Black — PCR 70 —
ET3200-8236 RS C
BK060
PC GF 20 PCR PC + GF Black — PCR 60 —
ET3200-8238 RS FR
C BK050
PC GF 30 PCR PC + GF Black V0 1.5 PCR 50 FR
ET3200-8239 RS I
BK035
PC GF 10 PIR PC + GF Black — PIR 35 —
ET3200-8241 RS I
BK030
PC GF 20 PIR PC + GF Black — PIR 30 —
ET3200-8243 RS FR
I BK025
PC GF 30 PIR PC + GF Black V0 1.5 PIR 25 FR
ET3200-8240 RS I
BK070
PC GF 10 PIR PC + GF Black — PIR 70 —
ET3200-8242 RS I
BK060
PC GF 20 PIR PC + GF Black — PIR 60 —
ET3200-8244 RS FR
I BK050
PC GF 30 PIR PC + GF Black V0 1.5 PIR 50 FR
ET3200-8252 RS
NHFR C BK035
PC GF 20 PCR PC + GF Black V0 0.6 PCR 35 NHFR
MX5200-8151 C
NC050
PP Unfilled 0 PCR PP Unfilled Natural — PCR 50 —
MX5200-8175 FD C
NC100
PP Unfilled 0 PCR PP Unfilled Natural — PCR 99 FDA
ST6000-8028 ESD
BK001
PA6 CF 30 PA6 + PIR CF Black — PIR 30 —
BG6000-8129 RS IC
BK100
PA6 CF 15 PIR PA6 + PIR CF Black — PIR 99 —
ET7300-8118 C
BK085
ABS Unfilled 0 — Black — PCR 85 —
ET7300-8113 C
BK070
ABS Unfilled 0 — Black — PCR 70 —
BR3400-8007 RS
BK075
PET GF 15 — Black — PCR 75 —
BR3400-8010 RS
NHFR C BK050
PET GF 33 — Black — PCR 50 NHFR
BG6600-8180 HS RS
I BK050
PA66 GF 30 — Black — PIR 50 —
BG6000-8130 RS I
BK065
PA66 GF 30 — Black — PIR 65 —
MX5200-8153 RS C
NC050
PP GF 30 PCR PP+ GF Natural — PCR 50 —
MX5200-8186 RS C
NC050
PP GF 40 PCR PP+ GF Natural — PCR 50 —
SOFT-TOUCH &
EASILY PROCESSED
THERMOPLASTIC
ELASTOMERS (TPEs)
Soft-touch elastomers that create good tactile
qualities and ergonomics can be used in a wide range
of applications
• TPEs can be overmolded onto a rigid substrate
to enhance performance and ergonomics
• Good weather resistance, enhanced flexibility and
durability
• Good sealing performance
• Available in FDA-compliant and medical grades
• Easily processed and colored
• Applications include outdoor equipment grips, utility
items and tools, sealing and gaskets, cooking utensils
such as measuring cups and rolling pins, and personal
hygiene products such as toothbrushes and razors
MATERIAL
DESCRIPTION HARDNESS COLOR
OVERMOLD
SUBSTRATE
DENSITY
(g/cm3)
COMPRESSION
SET/23C, 22H COMPLIANCE
Dynalloy™ GP 7810 series 20–80A Translucent PP 0.87 21%(60A) FDA
Dynalloy™ GP 7820 series 30–80A Natural PP 1 — FDA
Dynaflex™ G7600 series 30–90A Natural/Black PP 1.18 12%(50A) FDA
Versaflex™ OM 9130 30A Translucent PC/ABS 0.90 35% FDA
Versaflex™ OM 9140 40A Translucent PC/ABS 0.90 35% FDA
Versaflex™ OM 9150 50A Translucent PC/ABS 0.91 38% FDA
Versaflex™ OM 9240 40A Clear PC/ABS 0.90 — FDA
Versaflex™ OM 1040X 40A Translucent PC/ABS 0.92 22% Medical
Versaflex™ OM 3060 60A Clear PC/ABS 0.9 33% Medical,UL
Versaflex™ OM 1060X 60A Natural/Black PC/ABS 0.93 29% UL
Versaflex™ GP 3630-45 45A Natural PC/ABS 1.05 — —
Versaflex™ GP 3630-55 55A Natural/Black PC/ABS 1.05 — UL
Versaflex™ OM 9-802-CL 40A Translucent POM/PC/ABS 0.92 20% UL
Versaflex™ OM 9-801 47A Natural POM/PC/ABS 1.04 43% UL
LOW ODOR,
VOC &
FOGGING TPEs
Thermoplastic elastomers that
reduce volatile organic compounds
(VOCs) and fogging
• Reduces VOCs and fogging in
elastomeric materials
• Externally tested to VDA 278 and
VDA 270
• Does not require pre-drying or post
heating to reduce VOCs
• Easily colored at machine
• Good UV resistance
MATERIAL
DESCRIPTION HARDNESS COLOR
OVERMOLD
SUBSTRATE
DENSITY
(g/cm3) APPLICATIONS
VDA
270
VDA 278
(VOC)
µg/g
VDA 278
(FOG)
µg/g
DIN 75201
(FOG) mg
OnFlex™ LO
AF7120
45–65 A
Natural/
Black
PP 1.15
HVAC
Systems
Interior
Trays
≤ 3.0 97 1131 0.3
OnFlex™ AF 7210 50–90 A
Natural/
Black
PP 0.99
Interior
Trays
Fasteners/
Clips
≤ 3.0 147 1081 1.7
OnFlex™ S EH 50–90 A
Natural/
Black
PP 1.2 Interior Trays ≤ 3.0 196 1707 1.8
SPECIALTY NYLON
OVERMOLDING TPEs
Thermoplastic elastomer formulations
overmolded onto various nylon substrates
to enhance performance and ergonomics
• Excellent adhesion on various nylon substrates,
such as PA6, PA66, PA11/12, reinforced flame
retardant nylon
• Easily processed and colored
• Typical applications such as power tools,
automotive interiors and home appliances
MATERIAL
DESCRIPTION HARDNESS COLOR
OVERMOLD
SUBSTRATE
DENSITY
(g/cm3)
COMPRESSION
SET/23C, 22H COMPLIANCE
Versaflex™ OM 6240 40A Natural Nylon 1.17 22% —
Versaflex™ OM 6258 60A
Natural/
Black
Nylon 1.20 23% UL
Versaflex™ OM 6460 60A
Natural/
Black
Nylon 1.09 — —
Versaflex™ OM 6275 78A
Natural/
Black
Nylon 1.10 25% —
SUSTAINABLE TPE
SOLUTIONS
Materials based on renewable resources rather than petroleum
• Significant (40% to 50%) bio-based content
• Post-industrial recycled (PIR) and post-consumer recycled (PCR)
content formulations
• Wide hardness range
• Comparable performance characteristics to standard TPEs
• Easily processed and colored
MATERIAL
DESCRIPTION HARDNESS COLOR
OVERMOLD
SUBSTRATE
DENSITY
(g/cm3)
BIO-DERIVED
CONTENT (%)
5530-55N 55A Natural PC, ABS, Copolyester 1.01 40%
5530-65N 65A Natural PC, ABS, Copolyester 1.04 40%
5540-30N 30A Natural PP 0.87 40%
5540-40N 40A Natural PP 0.88 40%
5540-50N 50A Natural PP 0.88 40%
5540-60N 60A Natural PP 0.87 40%
5540-70N 70A Natural PP 0.87 40%
5540-80N 80A Natural PP 0.87 40%
5540-90N 90A Natural PP 0.88 40%
MATERIAL
DESCRIPTION HARDNESS COLOR
OVERMOLD
SUBSTRATE
DENSITY
(g/cm3)
RECYCLE
CONTENT TYPE
RECYCLE
CONTENT
DY 7810-801 C 30A Natural PP 0.88 PCR 9%
DY 7810-801 C 40A Natural PP 0.88 PCR 12%
DY 7810-801 C 50A Natural PP 0.88 PCR 15%
DY 7810-801 C 60A Natural PP 0.88 PCR 21%
DY 7810-801 C 70A Natural PP 0.88 PCR 23%
DY 7810-801 C 80A Natural PP 0.88 PCR 30%
DY 7810-801 C 90A Natural PP 0.88 PCR 39%
DY 7820-801 C 30A Natural PP 0.95 PCR 60%
DY 7820-801 C 40A Natural PP 0.94 PCR 60%
DY 7820-801 C 50A Natural PP 0.97 PCR 60%
DY 7820-801 C 60A Natural PP 0.97 PCR 60%
DY 7820-801 C 70A Natural PP 0.99 PCR 60%
DY 7820-801 C 80A Natural PP 1.01 PCR 60%
DY 7820-801 C 90A Natural PP 1.02 PCR 60%
VX3120-801 I 65A Natural PC, ABS, PC/ABS 1.11 PIR 20%
VX3120-802 I 65A Natural PC, ABS, PC/ABS 1.1 PIR 40%
VX3120-803 I 65A Natural PC, ABS, PC/ABS 1.11 PIR 60%
re
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re
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R
EC
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ec
yc
le
d
Co
nt
en
t T
P
Es
OUTSTANDING
LOOK AND FEEL
CHEMICALLY
RESISTANT TPEs
TPE provides premium look and feel over
a long time period
• Silky touch/feel (soft and smooth)
• Good UV resistance
• Stain, chemical resistance
(resistant to sweat, various fluids, etc
https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
APPENDIX
Performance
Additives
15%
Pigments
15%
TiO2
12%
Dyestuffs
4%Polyethylene
10%
Nylon
5%
Polypropylene
4%
Other Raw
Materials
29%
Styrenic Block
Copolymer
6%
~1/3 hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
34
• In Q2 2021, several raw material markets
experienced significant price inflation and
tight inventory
o Average cost of hydrocarbon based materials
was up 45% year-over-year and 20%
sequentially
o Average cost of non-hydrocarbon based
materials was up 10% year-over-year and 8%
sequentially
• Additionally, we experienced other supply
chain challenges during Q2 related to raw
material spot purchases, freight constraints
and productivity loss as a result of these
shortages
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2020 pro forma purchases, excludes Distribution business
SEGMENT DATA
U.S. & Canada
50%
EMEA
26%
Asia
16%
Latin America
8%
2021 YTD SEGMENT, END MARKET AND GEOGRAPHY
36
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
23%
Packaging
20%
Industrial
16%
Building and
Construction
9%
Telecommunications
4%
Energy
2%
END MARKET REVENUE
(1) Total company sales and EBITDA of $2,398M and $320M, respectively, include intercompany sales eliminations and corporate costs
All charts reflect YTD financials through June 30
$1,234M
$228M
$457M
$87M
$767M
$48M
Sales EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$320M$2,398M
(1)
Transportation
12%
Healthcare
14%
Packaging
34%
Consumer
21%
Healthcare
7%
Industrial
16%
Building &
Construction
10%
Transportation
9%
Energy
2% Telecommunications
1%
C O L O R , A D D I T I V E S & I N K S
2 0 2 1 Y T D R E V E N U E | $ 1 . 2 B I L L I O N
US & Canada
31%
EMEA
42%
Asia
21%
Latin America
6%
END MARKET REGION
37
All charts reflect 2021 YTD financials through June 30
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Consumer
28%
Healthcare
10%
Packaging
6%
Telecommunications
16%
Industrial
12%
Transportation
11%
Building &
Construction
10%
Energy
7%
2 0 2 1 Y T D R E V E N U E | $ 4 5 7 M I L L I O N
END MARKET
US & Canada
54%
EMEA
26%
Asia
20%
REGION
38
All charts reflect 2021 YTD financials through June 30
D I S T R I B U T I O N
Healthcare
27%
Consumer
22%
Packaging
5%
Industrial
20%
Transportation
16%
Building and
Construction
8%
Energy
1%
Telecommunications
1%
US & Canada
81%
Asia
4%
Latin
America
15%
END MARKET REGION
K E Y S U P P L I E R S
2 0 2 1 Y T D R E V E N U E | $ 7 6 7 M I L L I O N
39
All charts reflect 2021 YTD financials through June 30
T O T A L C O M PA N Y R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
30%
Consumer
27%Healthcare
11%
Industrial
15%
Building &
Construction
5%
Telecommunications
2% Energy
2%
Asia
(16% of sales)
Transportation
8%
Packaging
32%
Consumer
13%
Healthcare
5%
Industrial
18%
Building &
Construction
11%
Telecommunications
5%
Energy
4%
EMEA
(26% of sales)
Transportation
12%
40
Consumer
25%
Healthcare
19%
Packaging
11%
Industrial
16%
Building &
Construction
10%
Telecommunications
4%
Energy
2%
US &
Canada
(50% of sales)
Transportation
13%
Packaging
40%
Consumer
33%
Healthcare
4%
Industrial
10%
Building &
Construction
5%
Telecommunications
1%
LATAM
(8% of sales)
Transportation
7%
All charts reflect 2021 YTD financials through June 30
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Three Months Ended
June 30, 2021
Reconciliation to Condensed Consolidated Statements of Income
GAAP
Results
Special
Items
Adjusted
Results
Operating income $ 108.1 $ 14.2 $ 122.3
Income from continuing operations before income taxes $ 89.8 $ 14.2 $ 104.0
Income tax expense - GAAP (20.4) — (20.4)
Income tax impact of special items — (3.4) (3.4)
Tax adjustments — 0.9 0.9
Net income attributable to noncontrolling interests (0.6) — (0.6)
Net income from continuing operations attributable to Avient shareholders $ 68.8 $ 11.7 $ 80.5
Net income / EPS $ 0.74 $ 0.13 $ 0.87
Weighted-average diluted shares 92.4 92.4 92.4
Three Months Ended
September 30, 2020
Reconciliation to Condensed Consolidated Statements of Income
GAAP
Results
Special
Items
Adjusted
Results
Operating income $ 33.5 $ 40.4 $ 73.9
Income from continuing operations before income taxes $ 5.3 $ 50.0 $ 55.3
Income tax expense - GAAP (2.7) — (2.7)
Income tax impact of special items — (12.7) (12.7)
Tax adjustments — 3.0 3.0
Net income attributable to noncontrolling interests (0.9) — (0.9)
Net income from continuing operations attributable to Avient shareholders $ 1.7 $ 40.3 $ 42.0
Net income / EPS $ 0.02 $ 0.44 $ 0.46
Weighted-average diluted shares 91.9 91.9 91.9
Three Months Ended
Year Ended
December 31,
Reconciliation to Pro Forma Adjusted EBITDA
June 30,
2021
March 31,
2021
June 30,
2020 2020 2019
Net income from continuing operations – GAAP $ 69.4 $ 79.7 $ 23.4 $ 133.8 $ 75.7
Income tax expense 20.4 22.9 7.9 5.2 33.7
Interest expense 19.5 19.3 16.2 74.6 59.5
Depreciation and amortization from continuing operations 33.8 37.1 20.9 115.0 78.1
EBITDA $ 143.1 $ 159.0 $ 68.4 $ 328.6 $ 247.0
Special items, before tax 14.2 2.4 2.4 66.2 61.7
Interest expense included in special items — — (0.5) (10.1) —
Depreciation and amortization included in special items 1.4 (0.5) (1.2) (3.2) —
Adjusted EBITDA $ 158.7 $ 160.9 $ 69.1 $ 381.6 $ 308.7
Clariant MB pro forma adjustments(1) — — 37.0 75.1 133.2
Pro forma adjusted EBITDA $ 158.7 $ 160.9 $ 106.1 $ 456.7 $ 441.9
(1) Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects to the financing for the acquisition
1
Reconciliation of EBITDA by Segment
Three Months Ended
June 30,
Six
Months
Ended
June 30,
Year Ended
December 31,
2021 2020 2021 2020 2019 2018
Sales:
Color, Additives and Inks $ 624.4 $ 226.8 $ 1,233.7 $ 483.3 $ 1,502.9 $ 1,003.8
Specialty Engineered Materials 240.6 158.8 457.1 344.1 708.8 745.7
Distribution 404.4 238.8 767.1 528.3 1,110.3 1,192.2
Corporate and eliminations (34.2) (15.3) (60.4) (35.1) (79.9) (79.0)
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6 $ 3,242.1 $ 2,862.7
Operating income:
Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 180.8 $ 147.4 $ 158.5
Specialty Engineered Materials 37.3 17.0 71.5 94.4 83.7 72.3
Distribution 23.7 14.6 47.7 69.5 75.4 71.5
Corporate and eliminations (39.2) (25.9) (65.8) (155.4) (149.7) (123.7)
Operating income $ 108.1 $ 38.0 $ 228.5 $ 189.3 $ 156.8 $ 178.6
Items below OI in Corporate:
Other income, net $ 1.2 $ 9.5 $ 2.7 $ 24.3 $ 12.1 $ (12.9)
Depreciation & amortization:
Color, Additives and Inks $ 25.3 $ 10.6 $ 52.6 $ 75.1 $ 42.7 $ 44.3
Specialty Engineered Materials 8.1 7.6 15.9 30.0 29.5 23.2
Distribution 0.2 0.1 0.4 0.7 0.5 0.7
Corporate and eliminations 0.2 2.6 2.0 9.2 5.4 4.4
Depreciation & Amortization $ 33.8 $ 20.9 $ 70.9 $ 115.0 $ 78.1 $ 72.6
EBITDA:
Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 255.9 $ 190.1 $ 202.8
Specialty Engineered Materials 45.4 24.6 87.4 124.4 113.2 95.5
Distribution 23.9 14.7 48.1 70.2 75.9 72.2
Corporate and eliminations (39.0) (23.3) (63.8) (146.2) (144.3) (119.3)
EBITDA $ 143.1 $ 68.4 $ 302.1 $ 328.6 $ 247.0 $ 238.3
EBITDA as a % of Sales:
Color, Additives and Inks 17.9 % 18.9 % 18.5 % 17.0 % 18.9 % 19.4 %
Specialty Engineered Materials 18.9 % 15.5 % 19.1 % 17.6 % 15.2 % 14.8 %
Distribution 5.9 % 6.2 % 6.3 % 6.3 % 6.4 % 5.7 %
2
Reconciliation of Pro Forma EBITDA
- Color, Additives and Inks
Three Months Ended
June 30,
Six
Months
Ended
June 30,
Year Ended
December 31,
2021 2020 2021 2020 2019 2018
Sales:
Color, Additives and Inks $ 624.4 $ 226.8 $ 1,233.7 $ 1,502.9 $ 1,003.8 $ 1,046.5
Clariant MB pro forma
adjustments(1) — 261.1 — 540.4 1,118.6 1,209.8
Pro forma sales $ 624.4 $ 487.9 $ 1,233.7 $ 2,043.3 $ 2,122.4 $ 2,256.3
Operating income:
Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 180.8 $ 147.4 $ 158.5
Clariant MB pro forma
adjustments(1) — 22.0 — 45.0 72.9 80.3
Pro forma operating income $ 86.3 $ 54.3 $ 175.1 $ 225.8 $ 220.3 $ 238.8
Depreciation & amortization:
Color, Additives and Inks $ 25.3 $ 10.6 $ 52.6 $ 75.1 $ 42.7 $ 44.3
Clariant MB pro forma adjustments(1) — 15.0 — 30.1 60.3 61.2
Pro forma depreciation & amortization $ 25.3 $ 25.6 $ 52.6 $ 105.2 $ 103.0 $ 105.5
EBITDA
Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 255.9 $ 190.1 $ 202.8
Clariant MB pro forma
adjustments(1) — 37.0 — 75.1 133.2 141.5
Pro forma EBITDA $ 111.6 $ 79.9 $ 227.7 $ 331.0 $ 323.3 $ 344.3
Pro forma EBITDA as a % of Sales 17.9 % 16.4 % 18.5 % 16.2 % 15.2 % 15.3 %
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
Three Months Ended
June 30, 2020
Reconciliation of Pro Forma Adjusted Earnings per
Share Avient
Special
Items
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(1)
Pro Forma
Adjusted
Avient
Sales $ 609.1 $ — $ 609.1 $ 261.1 $ 870.2
Operating income $ 38.0 $ 9.0 $ 47.0 $ 22.0 $ 69.0
Interest expense, net (16.2) — (16.2) (5.3) (21.5)
Other income, net 9.5 (6.6) 2.9 — 2.9
Income taxes (7.9) 0.2 (7.7) (3.8) (11.5)
Net income attributable to noncontrolling interests (0.4) — (0.4) — (0.4)
Net income from continuing operations attributable to
Avient shareholders $ 23.0 $ 2.6 $ 25.6 $ 12.9 $ 38.5
Weighted average diluted shares 91.8
Pro forma adjusted EPS $ 0.42
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
3
Year Ended
December 31, 2020
Reconciliation of Pro Forma Adjusted
Earnings per Share Avient
Special
Items
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(1)
Pro Forma
Adjusted
Avient
Sales $ 3,242.1 $ — $ 3,242.1 $ 540.4 $ 3,782.5
Operating income $ 189.3 $ 73.7 $ 263.0 $ 45.0 $ 308.0
Interest expense, net (74.6) 10.1 (64.5) (18.1) (82.6)
Other income, net 24.3 (17.6) 6.7 — 6.7
Income taxes (5.2) (41.4) (46.6) (6.2) (52.8)
Net income attributable to noncontrolling
interests (1.8) — (1.8) — (1.8)
Net income from continuing operations
attributable to Avient shareholders $ 132.0 $ 24.8 $ 156.8 $ 20.7 $ 177.5
Weighted average diluted shares 90.6
Impact to diluted shares from January 2020 equity offering 1.5
Pro forma weighted average diluted shares 92.1
Pro forma adjusted EPS $ 1.93
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
Year Ended
December 31, 2019
Reconciliation of Pro Forma Adjusted
Earnings per Share Avient
Special
Items
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(1)
Pro Forma
Adjusted
Avient
Sales $ 2,862.7 $ — $ 2,862.7 $ 1,118.6 $ 3,981.3
Operating income $ 156.8 $ 71.7 $ 228.5 $ 72.9 $ 301.4
Interest expense, net (59.5) — (59.5) (33.4) (92.9)
Other income, net 12.1 (10.0) 2.1 — 2.1
Income taxes (33.7) (5.9) (39.6) (9.1) (48.7)
Net income attributable to noncontrolling
interests (0.2) — (0.2) — (0.2)
Net income from continuing operations
attributable to Avient shareholders $ 75.5 $ 55.8 $ 131.3 $ 30.4 $ 161.7
Weighted average diluted shares 77.7
Impact to diluted shares from January 2020 equity offering 15.3
Pro forma weighted average diluted shares 93.0
Pro forma adjusted EPS $ 1.74
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
4
AVNT Seaport Conference Presentation.pdf
AVNT Q2 2021 Earnings Presentation - Website.pdf
AVNT Q2 2021 Earnings Presentation - Website.pdf
Final - 7.19 1158am Q2 21 IR Deck Version v2
https://www.avient.com/resource-center?document_type=59&all=1
Introduction to TPEs that universally bond to non-polar substrates such as polypropylene
Talc-Filled Polypropylene for Underhood Automotive HVAC Uses
Maxxam™ FR Polypropylene Solutions provide cost savings and improve data processing capabilities
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Maxxam™ formulations are
based on polypropylene and polyethylene resins and can be filled
and reinforced to satisfy the required performance characteristic.
This masterbatch
was necessary for the manufacture of melt-blown non-woven
polypropylene used to make the protective face masks with long-
lasting filtration properties.