https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-custom-pa-grade-led-heat-sink-1.pdf
© 2020, All Right Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
LIGHTING
MANUFACTURER
H E A T S I N K F O R H I G H P O W E R
L E D
• PA based grade to replace aluminum
• High thermal conductivity ̴ 15 W/mK
• Electrically conductive
• Easy moulding
• Improved light output compared to
alternative materials
• Improved corrosion resistance and
weight reduction
• It gave the customer more design
possibilities and a more cost effective
solution
Customized PA based grade
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2023-12/Avient Quality Policy - Dec 18 2023%5B83%5D.pdf
Top management promotes the use of a process-
based approach and risk-based thinking.
https://www.avient.com/sites/default/files/2024-12/ISO 22000-2024. Avient Sta. Clara 308865_en_46389 %2811%29.pdf
View PDF
The SQS herewith attests that the organisation named below has a management system that meets the requirements of
the normative base mentioned.
70
01
_1
/A
pr
il
20
22
/V
er
si
on
2
.0
Certificate
Avient Colorants MX S.A. de C.V.
Normative base
ISO 22000:2018 Food Safety Management Systems - Requirements
for any organization in the food chain
Reg. no. 46389
Page 1 of 1
Validity 25. 02. 2024 – 24. 02. 2027
Issue 20. 12. 2023
A.Grisard, President SQS F.
https://www.avient.com/sites/default/files/2023-03/AVNT Q2 2022 Earnings Presentation - Website Version.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause
actual results to differ materially from those expressed in or implied by the forward-looking statements.
D I S T R IBU T I O N)
18
END-MARKET FOCUS FOR
NEW INNOVATION
Semiconductors Robotics Healthcare
Interconnected disruptive markets with massive innovation needs
19
APPENDIX
Performance
Additives
Pigments
TiO2
Dyestuffs
3%Polyethylene
Nylon
6%
Polypropylene
Other Raw
Materials
30%
Styrenic Block
Copolymer
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
22
• 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
Senior management believes the measures described above are useful to investors because they allow for comparison to
Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results
due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Earnings Presentation_For_Website_w_non-GAAP_5_6_1.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ
materially from those expressed in or implied by the forward-looking statements.
Q1 2023
(TOTAL COMPANY)
$846 $829
$134
$143
17.3%
(in millions)
$0.63
$0.76
Adjusted EPS
(in millions)
+ 7% + 21%
Sales Adjusted EBITDA Adjusted EPS
6
- 2%
15.8%
+150 bps
Q1 2024 SEGMENT PERFORMANCE
(COLORS, ADDITIVES & INKS)
$537
$515
$91
$97
18.8%
(in millions) (in millions)
+ 7%
7
- 4%
17.0%
+180 bps
• Year over year demand
continues to improve for the
segment but slowly due to
continued weakness in Europe
• Raw material deflation & cost
reduction actions primary drivers
of adjusted EBITDA growth and
margin expansion of +180 bps vs
Q1 2023
Q1 2024 SEGMENT PERFORMANCE
(SPECIALTY ENGINEERED MATERIALS)
$310
$314
$64
$73
23.2%
(in millions) (in millions)
+ 14%
8
+ 1%
20.8%
+240 bps
• Sales growth in defense end
market offset by weaker
demand in telecommunications
end market
• Raw material deflation and
favorable mix impact from
defense sales primary drivers
of adjusted EBITDA growth and
margin expansion of +240 bps
vs Q1 2023
Q1 EBITDA BRIDGE
(TOTAL COMPANY)
9
$ millions
CAI:
Price / Mix (1)
Deflation 16
SEM:
Price / Mix 4
Deflation 7
Net Price Benefit 26
Wage/Other Inflation (9)
FX (2)
Q1 2024 $143
Adjusted
EBITDA
Q1 2023 $ 134
Demand (6)
• Positive net price benefit:
o Favorable raw material
deflation in both segments
• Wage and other inflation more than
offset cost reductions/synergies
2024 G U I DAN CE
FY 2024 GUIDANCE
Original Revised
Adjusted EBITDA $505 to $535 million $510 to $535 million
Adjusted EPS $2.40 to $2.65 $2.50 to $2.65
Interest Expense $105 to $110 million $105 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures ~$140 million ~$140 million
11
Q2 2024: Adjusted EPS of $0.71
CE O “ TO P O F MI N D”
FO CU S ARE AS
AREAS OF FOCUS
13
+7%
Drive Profitable Organic
Top-Line Growth with
Margin Expansion
Amplify Innovation Build Leadership & Talent
Pipeline
AP P E N DI X
16
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
36%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
7%
18
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 BILLION
34%
37%
21%
END MARKET REGION
19
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 BILLION
52%
35%
20
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
21
BY END MARKET
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.
Senior management believes the measures described above are useful to investors because they allow for comparison to
Avient's performance in prior periods without the effect of items that, by their nature, tend to obscure Avient's operating results
due to the potential variability across periods based on timing, frequency and magnitude.
https://www.avient.com/sites/default/files/2024-09/Avient_RY 2023 CDP Verification Opinion Declaration.pdf
Apex is responsible for expressing an opinion on the
GHG emissions statement based on the verification.
Boundaries of the reporting company GHG emissions covered by the verification:
• Operational Control
• Global
Exclusions:
• Fugitive refrigerants from units
Page 3
Verification Opinion:
Based on the verification process and procedures conducted to a limited assurance level of the GHG emissions
statement shown above, Apex found no evidence that the GHG emissions statement:
• is not materially correct and is not a fair representation of the GHG emissions data and information; and
• has not been prepared in accordance with the WRI/WBCSD GHG Protocol Corporate Accounting and
Reporting Standard (Scope 1 and 2), and WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain
Accounting and Reporting Standard (Scope 3).
https://www.avient.com/sites/default/files/2022-11/Polystrand R Recycled Polyester Composite Tape and Laminates Product Bulletin.pdf
KEY CHARACTERISTICS
• Incorporates a minimum of 95% post-consumer
recycled PET resin and 58% glass fiber
• Available in unidirectional tape, 2-layer X-ply™
and 3-layer tri-ply laminates
• Excellent bondability to other materials via
thermal lamination or adhesives
• Impact and corrosion resistant
• Improved carbon footprint vs. traditional
polyester-based composite tape
APPLICATIONS
Recycled content unidirectional tapes and
laminates are well-suited for applications that
benefit from the light weight, high strength,
and impact resistance of continuous glass fiber
reinforced rPET including:
• Commercial vehicles
• Trailers
• Structural automotive applications
• Consumer electronics and accessories
• Outdoor sporting equipment and
adventure gear
PRODUCT BULLETIN
1.844.4AVIENT
www.avient.com
Copyright © 2022, Avient Corporation.
KEY
CHARACTERISTICS
GRADE
NAME
AREAL
WEIGHT
lb/ft2
NOMINAL
THICKNESS
in
TENSILE
MODULUS
ksi
FLEXURAL
STRENGTH
ksi
COMMENTS
> 95% PCR*
recycled
PET resin,
58% glass fiber
Polystrand™ R
5840B 0.0903 0.09 4400 ~80
Equivalent to
standard PETG,
APET; Black
* Resin source is 100% Post Consumer Recycled (PCR) content, but overall recycled content may vary based on color, additives, etc.
TECHNICAL PROPERTIES
Continuous fiber-reinforced composites comparison: recycled PETG, virgin PETG and APET resin systems with
58% glass fiber reinforcement
CARBON FOOTPRINT COMPARISON TO ALTERNATIVES
Greenhouse gas (GHG) emissions from cradle-to-gate production
Polystrand R 5840B made
with rPET has a lower carbon
footprint than traditional
polyester-based products;
44% lower than PETG and
31% lower than APET.
0.0
1.0
2.0
3.0
RPET PETG APET
kg
C
O
2e
/k
g
pr
od
uc
t
https://www.avient.com/sites/default/files/resources/Marine%2520Panels%2520Application%2520Bulletin.pdf
Our composite panels are custom engineered
by varying core thicknesses to increase or
decrease stiffness; by varying core materials
(including end-grain balsa, foam or engineered
woods) to increase or decrease weight; by
varying fiber to modify the stiffness-to-weight
ratio; and by varying the base polymer to
increase or decrease strength
Properties shown are based on a representative sample and may vary based on actual material selection.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-packingyarn.pdf
Product ID FIBER-LINE® Coating Base Fiber Nominal Yield Description
K9000 FIBER-LINE® Packcoat™ Kevlar®
660 FT/LB
(400 M/KG)
PFOA Free PTFE & Silicone oil
NX8400 FIBER-LINE® Packcoat™ Nomex®
787 FT/LB
(527 M/KG)
PFOA Free PTFE & Silicone oil
C24K14000 FIBER-LINE® Packcoat™ Carbon
383 FT/LB
(257 M/KG)
PFOA Free PTFE & graphite based
lubricant dispersion
C6K3600 FIBER-LINE® Packcoat™ Carbon
1675 FT/LB
(1125 M/KG)
PFOA Free PTFE, silicone oil, &
graphite based lubricant dispersion
PTFE6959 FIBER-LINE® Packcoat™ PTFE
1277 FT/LB
(867 M/KG)
PFOA Free PTFE & Silicone oil
POPULAR PACKING YARN PRODUCTS
LOCATIONS
Headquarters, R&D, Manufacturing
FIBER-LINE® LLC
3050 Campus Drive
Hatfield, PA 19440
+1 215.997.9181
fiber@fiber-line.com
Manufacturing Operations
FIBER-LINE® LLC
280 Performance Drive SE
Hickory, NC 28602
+1 828.326.8700
fiber@fiber-line.com
EMEA & Asia Pacific Operations
FIBER-LINE® INTERNATIONAL B.V.
https://www.avient.com/sites/default/files/2020-08/sem-edgetek-application-bulletin.pdf
Avient can provide materials compatible with the LDS (Laser Direct Structuring)
process to achieve design flexibility and increased speed to market for base station antennas.
ET9600-8010 LDS ET3200-8177 LDS
Dielectric Constant
(DK) 3.98 2.88
Dissipation Factor
(Df) 0.0060 0.0040
SPECIALTY ENGINEERED MATERIALS
ELECTRICAL & ELECTRONICS SOLUTIONS
EDGETEK™ FORMULATIONS
FOR 5G BASE STATION
ANTENNA APPLICATIONS
EDGETEK™ PRODUCT PORTFOLIO
HOW AVIENT EDGETEK FORMULATIONS MAKE THE DIFFERENCE
FOR 5G BASE STATION ANTENNA APPLICATIONS
Increased Design Flexibility – Can increase design flexibility especially for circuit design,
3D antenna design, and complex shapes
Faster Design Qualification & Shorter Lead Time – Can be customized to specific Dk values
and delivered within weeks
Flexible Design Space – Effective for circuit designs constrained by a limited space
Compatible with SMT Process – Can be customized to resist heat, with deflection
temperatures ranging from 200°C to 278°C
To learn more, please visit www.avient.com
or call +86.21.60284888.