https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/gridcore-composite-utility-poles
GridCore™ Composite Utility Poles from Avient are engineered to enhance grid resilience as an excellent alternative to wood, steel, or concrete electrical poles and structures.
The uniform diameter requires only one size through-bolt length to simplify assembly and reduce outage time.
Pultruded Composites: A Design and Material Engineer's Guide
https://www.avient.com/news/polyone-features-total-portfolio-healthcare-polymers-and-colorants-mdm-west-2017
With one of the widest and deepest collections of regulatory-compliant medical polymers and colorants available, we’re able to collaborate with manufacturers to help them successfully develop next-generation products,” said Cathy Dodd, vice president, marketing, PolyOne.
GLS™ Versaflex™ HC Thermoplastic Elastomer:
• Gives OEMs the design freedom to make their own syringe stoppers and improve manufacturing processes versus traditional thermoset rubber stoppers
• Simple, one-step injection molding process versus multiple steps with thermoset rubber
• Streamlines production while increasing margins and profitability
SEARCH INVESTOR NEWS
https://www.avient.com/news/polyone-eccoh-material-meets-stringent-requirements-ground-breaking-hong-kong-zhuhai-macau-bridge-project
Our success with Keystone is just one example of how we are helping customers to win in this region.”
The Hong Kong-Zhuhai-Macau Bridge is a system made up of three cable-stayed bridges and one undersea tunnel, as well as three artificial islands.
SEARCH INVESTOR NEWS
https://www.avient.com/resource-center?document_type=59&page=18
A look at the trends and challenges of the 5G revolution, and next-gen materials engineered to help
Explore material solutions for fiber optic cable, including engineered fibers, specialty engineered materials, colorants, and additives
Overview of the key characteristics and benefits of these one-graft solutions for wire and cable
https://www.avient.com/industries/telecommunications
That’s just one of the many challenges for communications providers.
Material selection can be a balancing act between over-engineering or underperformance.
https://www.avient.com/industries/energy
Enhance Electric Vehicle Battery Design and Performance
Discover the advantages of using engineered polymers in EV battery applications.
™ Fillers & Reinforcements
We take an objective look at the types of polymer fillers and reinforcements available and which ones will give you the results you’re seeking.
https://www.avient.com/knowledge-base/article/eliminate-paint-these-three-vehicle-components?rtype[]=1164
Plastic is a logical and proven choice for vehicle designers and engineers who want to reduce weight, improve performance, and manage costs.
Grilles are one of the most prominent design features on a car, and often include intricate geometries such as cut-ins, corners and embedded logos.
https://www.avient.com/knowledge-base/article/eliminate-paint-these-three-vehicle-components?ind[]=6601
Plastic is a logical and proven choice for vehicle designers and engineers who want to reduce weight, improve performance, and manage costs.
Grilles are one of the most prominent design features on a car, and often include intricate geometries such as cut-ins, corners and embedded logos.
https://www.avient.com/products/advanced-composites
Our portfolio of continuous fiber reinforced thermoplastic and thermoset composites, is one of the most comprehensive in the industry.
Search
Composites Resources
Find
Consider engineered polymers and advanced composites.
https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial GuidanceCompany Overview 2022 Pro Forma Revenue By:
9,700
Employees
104
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized and
sustainable material solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.4B
Revenue
$2.40
$530M
Adjusted EBITDA
15.6%
Adjusted EBITDA Margins
$200M
Free Cash Flow
2.9x
Net Leverage
Over $1B in share
buybacks since 2011
Raised dividend for 12
consecutive years, a
16% CAGR since 2011
Geography
Segment
Industry
U.S. &
Canada
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
37%
9% 4% 4%
Building &
Energy Telecom
4
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6.5% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
FX -11%
FX -3%
Total Avient -14%
YoY Comparison against 2022 pro forma results
• Aging infrastructure driving need for greater
technological advancements and upgrades
• Increased focus on strength and capacity
of electrical grid plays into further adoption
of composites into the market
UV, weather-resistance, customized
capabilities
Best-in-class customer responsiveness
Local high-quality manufacturing,
unparalleled breadth of portfolio
Expanding position in insulators, utility
poles, crossarms, and wind energy
Avient Confidential 16
ENERGY
16
• Fiber-optic investments from AT&T, Corning,
Commscope continue to drive industry toward
innovation
• $42B BEAD program in Infrastructure Bill to
increase cable deployments; well-positioned to
capitalize on “Made in America” requirement and
“last mile” buildout
Flame retardance, weather-resistance enables
faster, safer, more reliable connections
Local manufacturing, unparalleled breadth of
portfolio
Expanding position in insulation for wire
jacketing, 5G buildout
TELECOMMUNICATIONS
Source: U.S.
Three Months Ended
March 31, 2023
Three Months Ended
March 31, 2022
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 20.8 $ 0.23 $ 64.4 $ 0.70
Special items, after tax 22.3 0.24 6.4 0.07
Amortization expense, after-tax 15.1 0.16 $ 10.8 $ 0.12
Adjusted net income / EPS $ 58.2 $ 0.63 $ 81.6 $ 0.89
March 31,
Reconciliation of Pro Forma Sales 2023 2022
Sales $ 845.7 $ 892.2
APM pro forma adjustments — 94.9
Pro forma sales $ 845.7 $ 987.1
1
Three Months Ended
Reconciliation to EBITDA and Adjusted EBITDA: 2023 2022
Net income from continuing operations – GAAP $ 21.3 $ 64.7
Income tax expense 7.7 20.0
Interest expense, net 28.8 16.9
Depreciation and amortization 50.5 37.6
EBITDA from continuing operations $ 108.3 $ 139.2
Special items, before tax 27.3 6.7
Depreciation and amortization included in special items (1.8) (2.1)
Adjusted EBITDA $ 133.8 $ 143.8
Pro forma APM adjustments — 32.0
Pro forma adjusted EBITDA $ 133.8 $ 175.8
Pro forma adjusted EBITDA as a % of sales 15.8 % 17.8 %
2023 2022
Sales:
Color, Additives and Inks $ 537.0 $ 649.5
Specialty Engineered Materials 309.7 243.1
Corporate (1.0) (0.4)
Sales $ 845.7 $ 892.2
Operating income:
Color, Additives and Inks $ 65.6 $ 94.5
Specialty Engineered Materials 43.1 38.3
Corporate (51.6) (30.6)
Operating income $ 57.1 $ 102.2
Depreciation & amortization:
Color, Additives and Inks $ 25.8 $ 26.0
Specialty Engineered Materials 21.2 7.8
Corporate 3.5 3.8
Depreciation & Amortization $ 50.5 $ 37.6
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 91.4 $ 120.5
Specialty Engineered Materials 64.3 46.1
Corporate (48.1) (26.8)
Other income (expense), net 0.7 (0.6)
EBITDA $ 108.3 $ 139.2
AVNT June IR Conferences w Non GAAP Recs.pdf
AVNT Q1 2023 Earnings Presentation.pdf
AVNT Q1 2023 Earnings Presentation
5.2 221pm IR Deck - AVNT-2023.03.31 (002).pdf