https://www.avient.com/products/polymer-colorants/fluoropolymer-color-concentrates/sitecool-infrared-absorption-technologies
Cesa™ Light Additives
UV stabilizers neutralize the physical and cosmetic damage caused by harmful light.
UV and Light Blocking Additives
https://www.avient.com/sites/default/files/2025-03/Cesa Raise Product Bulletin.pdf
Cesa™ Raise Heat Stability Modifier for APET Packaging
Cesa™ Raise is a heat stability modifier specifically
designed for amorphous polyethylene terephthalate
(APET) thermoformed packaging.
Cesa Raise modified APET
containers are also an alternative to crystallized PET
(CPET) as they offer transparency and an increased
productivity in the thermoforming process.
https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
Just a few months ago, we completed the acquisition of the Clariant Masterbatch
business, the largest acquisition in the 20-year history of our company.
It’s in this spirit that we joined legacy PolyOne and the Clariant Masterbatch business,
two complementary businesses, and formed a new one that we’ve named Avient.
Such is the case with the Clariant
Masterbatch acquisition, where
strong free cash flow will allow us to
de-lever quickly.
19
AV I E N T I S M O D E S T LY L E V E R E D
1.
https://www.avient.com/sites/default/files/2023-03/Cesa Nox A4R Product Bulletin_0.pdf
PRODUCT BULLETIN
Cesa™ Nox A4R Additives for Recycling
Polyolefin Antioxidant for Enhanced Recycling
RECYCLED MATERIAL IN
A CHANGING MARKET
Legislation globally is driving change towards
increased quantities of post-consumer recycled
materials (PCR), further encouraged by the
implementation of usage targets and new tariffs.
DESIGN FOR RECYCLING
Cesa™ Nox A4R is designed for recycling.
Cesa Nox A4R is formulated to help:
• Brand owners who need to maximize their PCR
usage up to 100% to achieve sustainability and
recyclability targets
• Recyclers involved with flake or pellets dealing
with multiple processing defects
• Convertors of bottles, film, and sheet who need
to maintain high-quality levels of PCR
Performance enhancement antioxidants such as
Cesa Nox A4R are valuable for many stakeholders
within the circular economy, and indeed anyone
seeking to achieve high-quality levels in their
recyclate while operating with ever-increasing
quantities of PCR.
https://www.avient.com/industries/transportation/advanced-mobility/electric-vehicles-infrastructure
Cesa™ Flame Retardant Additives
Cesa™ WithStand™ Antimicrobial Additives
Cesa™ Flame Retardant Additives
https://www.avient.com/sites/default/files/2021-09/avient2020sustainabilityreport-9-2-21.pdf
Better Together: PolyOne and Clariant Masterbatch
We are better together.
Smartbatch™ Color And Additive Concentrates offer superior UV weathering protection for solar power
installations.
Some customers want to reduce weight but maintain strength and function, while others need protection against UV
light, harsh temperatures, and other elements that might diminish product life.
https://www.avient.com/sites/default/files/2021-04/avient-q4-earnings-and-2021-outlook-website.pdf
$0.30
$0.52
2019 PF 2020
Q4 2020 ORGANIC PERFORMANCE
3
Sales
$922
$997
2019 PF 2020
+8%
Adjusted
Operating
Income
Adjusted
EPS
$58
$80
2019 PF 2020
+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)
(1)
(1)
(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
2019PF 2020
+8%
+7%
+7%
+12%
$5 $5 $5
$58
$5 $5 $5
$80
Avient CAI SEM Total
2019 PF 2020
$17 $19
$40
$18
$30
$58
Distribution SEM CAI
2019PF 2020
+38%
+45%
+58%
+6%
(3) (3)
($ in millions)
(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
2019PF 2020PF
10%
23%8%
21%
4%
15%
2006 2020PF
Healthcare
Consumer
Packaging
Avient Portfolio Transformation
22%
59%
CLARIANT MASTERBATCH:
TRANSFORMATIONAL ACQUISITION
6
Clariant MB EBITDA Growth
Purchase Price Multiple
10.8
9.6
6.5
2019PF 2020PF 2020PF w/ Full
Synergies
x
x
x
• 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 will deliver for our stakeholders through multiple value creation levers—many of
which are unique to Avient:
o Demand for sustainable solutions, healthcare, and composites, together with Clariant
Masterbatch revenue synergies, that will drive 2021 revenue growth of 8% and long-term growth
in excess of GDP
o Clariant Masterbatch cost synergy capture will result in significant near-term benefit
In addition, we remain committed to increasing annual dividends in line with earnings growth and
opportunistically buying back shares, all while remaining modestly levered.
Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”).
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
To provide comparable financial results, the Company references “pro forma” financial metrics, which include the business results of Clariant Color
for periods prior to the Acquisition Date.
Avient acquired Clariant Color on July 1, 2020 (the “Acquisition Date”).
https://www.avient.com/sites/default/files/2022-03/AVNT Mar 2022 Presentation.pdf
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
To provide comparable financial results, the Company references “pro forma” financial metrics, which include the business results of Clariant Color
for periods prior to the Acquisition Date.
It’s in this spirit that we joined legacy PolyOne and the Clariant Color business, two
complementary businesses, and formed a new one that we’ve named Avient.
https://www.avient.com/sites/default/files/2023-02/Technology Bulletin for Cesa Fiber Additives for Heat Preservation_CN.pdf
Cesa Fiber Additives for Heat Preservation Technical Bulletin_CN2.2-2