https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for India %28English%29.pdf
Buyer shall file all tax returns
(wherever applicable) in a timely manner so as to enable Seller to be
able to receive or set off from its tax liability, as the case may be, all
tax credits (including input tax credits) available to Seller on account
of the sale of the Products.
11.
Except in the case of a force
majeure, if not satisfied with Seller’s determination, Buyer as its sole
remedy shall have a right to terminate this contract without further
obligation upon: (i) 10 calendar days’ written notice; and (ii)
payment for all Product received to date.
14.
Buyer shall disseminate such information so as to give
warning of possible hazards to persons whom Buyer can reasonably
foresee may receive exposure to such hazards, including, but not
limited to, Buyer’s employees, agents, contractors and customers.
https://www.avient.com/sites/default/files/resources/PolyOne_English-Thai_Terms_and_Conditions.pdf
Buyer
will disseminate such information so as to give
warning of possible hazards to persons whom
Buyer can reasonably foresee may receive
exposure to such hazards, including, but not
limited to, Buyer’s employees, agents,
contractors and customers.
การรบัรองความปลอดภยั และสุขอนามยั ผูซื้7 อรบัทราบวา่
ผูข้ายไดส่้งมอบเอกสารขอ้มูลความปลอดภยั (Material Safety Data sheets)
ใหแ้ก่ผูซื้7 อแลว้ ซึ(งรวมถึงขอ้ควรระวงัต่างๆ
พรอ้มดว้ยขอ้มูลความปลอดภยัและสุขอนามยัเกี(ยวกบัสินคา้
และ/หรือบรรจุภณัฑข์องสินคา้ดงักล่าว ผูซ้ื7 อจะเผยแพรข่อ้มลูดงักลา่วเพื(อแจง้
ขอ้ควรระวงัเกี(ยวกบัอนัตรายต่างๆ ที(อาจเกดิขึ7 นแกบุ่คคลที(
ผูซื้7 อพึงคาดหมายไดต้ามสมควรวา่อาจไดร้บัอนัตรายดงักล่าว รวมถงึ
แต่ไม่จาํกดัเพียง ลกูจา้ง ตวัแทน ผูร้บัจา้ง
และลูกคา้ของผูซื้7 อ ผูซ้ื7 อจะชดใชค้วามเสียหาย แกต้่าง
และคุม้ครองผูข้ายใหป้ลอดพน้จากความรบัผิดทั7งปวงอนัเกิดจาก
หรือเกี(ยวเนื(องกบัการที(ผูซื้7 อมิไดเ้ผยแพร่ขอ้มลูดงักล่าว รวมถึง
แต่ไม่จาํกดัเพียง ความรบัผิดต่อการบาดเจ็บ การเจ็บป่วย การเสียชีวติ
และความเสียหายต่อทรพัยสิ์น และค่าใชจ่้ายในการตรวจสอบ
การฟ้องรอ้งดาํเนินคดี และค่าทนายความตามสมควร
11.
Except in
the case of a force majeure, if not satisfied with
Seller’s determination, Buyer as its sole
remedy shall have a right to terminate this
contract without further obligation upon: (i) 10
days written notice; and (ii) payment for all
Product received to date.
11.
https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
Dongguan, China 11.
Birmingham, Alabama 11.
ITEM 11.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022.pdf
Products like bottled
water, 2-liter soft drinks, salad dressing, mouthwash, liquid hand soap, and
window cleaner are often packaged using PET or rPET.
PET
sheets can be used to make a variety of
plastic products and film is often used
for tape backing, plastic wrap, medical
packaging, and protective coating on
windows.
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
Conference call
participants in the question and answer session should pre-register using the link at
avient.com/investors, or here, to receive the dial-in numbers and a personal PIN, which are
required to access the conference call.
2) Tax adjustments include the net tax impact from non-recurring income tax items, adjustments to uncertain tax position reserves and changes
to valuation allowances.
10
Attachment 4
Avient Corporation
Condensed Consolidated Balance Sheets
(In millions)
(Unaudited)
March 31, 2023
December 31,
2022
ASSETS
Current assets:
Cash and cash equivalents $ 582.7 $ 641.1
Accounts receivable, net 484.4 440.6
Inventories, net 371.9 372.7
Other current assets 125.3 115.3
Total current assets 1,564.3 1,569.7
Property, net 1,045.7 1,049.2
Goodwill 1,689.7 1,671.9
Intangible assets, net 1,601.7 1,597.6
Other non-current assets 209.8 196.6
Total assets $ 6,111.2 $ 6,085.0
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Short-term debt $ 2.2 $ 2.2
Accounts payable 448.1 454.4
Accrued expenses and other current liabilities 386.9 412.8
Total current liabilities 837.2 869.4
Non-current liabilities:
Long-term debt 2,177.7 2,176.7
Pension and other post-retirement benefits 66.2 67.2
Deferred income taxes 332.5 342.5
Other non-current liabilities 329.0 276.4
Total non-current liabilities 2,905.4 2,862.8
SHAREHOLDERS' EQUITY
Avient shareholders’ equity 2,349.8 2,334.5
Noncontrolling interest 18.8 18.3
Total equity 2,368.6 2,352.8
Total liabilities and equity $ 6,111.2 $ 6,085.0
11
Attachment 5
Avient Corporation
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In millions)
Three Months Ended
March 31,
2023 2022
Operating Activities
Net income $ 20.4 $ 84.5
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 48.7 35.7
Accelerated depreciation 1.8 2.1
Share-based compensation expense 3.2 3.2
Changes in assets and liabilities, net of the effect of acquisitions:
Increase in accounts receivable (40.2) (118.8)
Decrease (increase) in inventories 3.8 (15.1)
(Decrease) increase in accounts payable (9.9) 90.5
Accrued expenses and other assets and liabilities, net (50.0) (63.2)
Net cash (used) provided by operating activities (22.2) 18.9
Investing activities
Capital expenditures (20.3) (13.3)
Net proceeds from divestiture 7.3 —
Net cash used by investing activities (13.0) (13.3)
Financing activities
Purchase of common shares for treasury — (15.8)
Cash dividends paid (22.5) (21.7)
Repayment of long-term debt (0.8) (2.4)
Other financing (2.3) (3.9)
Net cash used by financing activities (25.6) (43.8)
Effect of exchange rate changes on cash 2.4 (0.4)
Decrease in cash and cash equivalents (58.4) (38.6)
Cash and cash equivalents at beginning of year 641.1 601.2
Cash and cash equivalents at end of period $ 582.7 $ 562.6
12
Attachment 6
Avient Corporation
Business Segment Operations (Unaudited)
(In millions)
Operating income and earnings before interest, taxes, depreciation and amortization (EBITDA) at the segment level does not
include: special items as defined in Attachment 3; corporate general and administration costs that are not allocated to segments;
intersegment sales and profit eliminations; share-based compensation costs; and certain other items that are not included in the
measure of segment profit and loss that is reported to and reviewed by the chief operating decision maker.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Ireland.pdf
Seller shall not be liable to Buyer for any other taxes or
duties of any kind unless specifically and mutually agreed to
between the parties.
11.
Except in the case of a force
majeure, if not satisfied with Seller’s determination, Buyer as its sole
remedy shall have a right to terminate this contract without further
obligation upon: (i) 10 calendar days’ written notice; and (ii)
payment for all Product received to date.
14.
Buyer shall disseminate such information so as to give
warning of possible hazards to persons whom Buyer can reasonably
foresee may receive exposure to such hazards, including, but not
limited to, Buyer’s employees, agents, contractors and customers.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Belgium.pdf
Seller reserves to
itself all applicable duty drawback allowances, and Buyer shall
provide assistance in connection with Seller’s application for the
same.
11.
Except in the case of a force
majeure, if not satisfied with Seller’s determination, Buyer as its sole
remedy shall have a right to terminate this contract without further
obligation upon: (i) 10 calendar days’ written notice; and (ii)
payment for all Product received to date.
14.
Buyer shall disseminate such information so as to give
warning of possible hazards to persons whom Buyer can reasonably
foresee may receive exposure to such hazards, including, but not
limited to, Buyer’s employees, agents, contractors and customers.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Austria.pdf
Seller reserves to
itself all applicable duty drawback allowances, and Buyer shall
provide assistance in connection with Seller’s application for the
same.
11.
Except in the case of a force
majeure, if not satisfied with Seller’s determination, Buyer as its sole
remedy shall have a right to terminate the Contract without further
obligation upon: (i) 10 calendar days’ written notice; and (ii)
payment for all Product received to date.
14.
Buyer shall disseminate such information so as to give
warning of possible hazards to persons whom Buyer can reasonably
foresee may receive exposure to such hazards, including, but not
limited to, Buyer’s employees, agents, contractors and customers.
https://www.avient.com/sites/default/files/2024-11/Terms and Conditions of Sale for Canada.pdf
Seller reserves to
itself all applicable duty drawback allowances, and Buyer shall
provide assistance in connection with Seller’s application for the
same.
11.
Except in the case of a force
majeure, if not satisfied with Seller’s determination, Buyer as its sole
remedy shall have a right to terminate this contract without further
obligation upon: (i) ten (10) calendar days’ written notice; and (ii)
payment for all Product received to date.
14.
Buyer shall disseminate such information so as to give
warning of possible hazards to persons whom Buyer can reasonably
foresee may receive exposure to such hazards, including, but not
limited to, Buyer’s employees, agents, contractors and customers.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Peru.pdf
Seller reserves to
itself all applicable duty drawback allowances, and Buyer shall
provide assistance in connection with Seller’s application for the
same.
11.
Except in the case of a force
majeure, if not satisfied with Seller’s determination, Buyer as its sole
remedy shall have a right to terminate this contract without further
obligation upon: (i) 10 calendar days’ written notice; and (ii)
payment for all Product received to date.
14.
Buyer shall disseminate such information so as to give
warning of possible hazards to persons whom Buyer can reasonably
foresee may receive exposure to such hazards, including, but not
limited to, Buyer’s employees, agents, contractors and customers.