https://www.avient.com/products/printing-and-marking-inks/colorant-chromatics-low-temperature-inks
PES / PSU / PPSU Colorants
https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates/colorant-chromatics-peek-colorants
PES/PSU/PPSU Colorants: Colorant Chromatics™
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/remafin-concentrates-polyolefins
Under the Remafin™ brand name, color masterbatches (color concentrates) are specially formulated for use in polyolefin polymers, including high-density, low-density and linear low-density polyethylene (PE), and polypropylene (PP).
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/colorant-chromatics-crosslinked-formulations
PES/PSU/PPSU Colorants: Colorant Chromatics™
https://www.avient.com/news/oncolor-wc-wire-and-cable-colorants-feature-cost-effective-performance
Compatible with ethylene-vinyl acetate (EVA) and polyethylene (PE), a portfolio of 12 standard colors allows for lower minimum order quantities and shorter lead times.
https://www.avient.com/resources/safety-data-sheets?page=6909
313 TANGERINE PE UV V5
PE COLTS BLUE 654C UV
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
Q 4 AN D FU LL Y EA R
2020 PE RF O RM AN CE
$0.30
$0.52
Q4 2020 ORGANIC PERFORMANCE
Sales
$922
$997
+8%
Operating
Income
EPS
$58
$80
+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) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Q4 2020 SEGMENT PERFORMANCE
10
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
+8%
+7%
+7%
+12%
$5 $5 $5
$58
$5 $5 $5
$80
Avient CAI SEM Total
$17 $19
$40
$18
$30
$58
Distribution SEM CAI
+38%
+45%
+58%
+6%
(3) (3)
(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
11
• 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
23%8%
21%
2006 2020PF
Avient Portfolio Transformation
22%
59%
CLARIANT MASTERBATCH:
TRANSFORMATIONAL ACQUISITION
12
Clariant MB EBITDA Growth
Purchase Price Multiple
10.8
9.6
6.5
2019PF 2020PF 2020PF w/ Full
Synergies
• 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.
https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates/colorant-chromatics-pei-color-colorants
PES/PSU/PPSU Colorants: Colorant Chromatics™
https://www.avient.com/news/avient-unveils-high-temperature-vibrant-colorants-healthcare-mdm-west-2022
Additional iterations are in development for other high-performance resins, including polyethersulfone (PES) and polysulfone (PSU).
https://www.avient.com/news/avient-launches-additional-resound-bio-based-tpes-formulated-renewable-plant-derived-content
Eight of the new grades can be overmolded on polypropylene (PP) and the ninth grade bonds to both PP and polyethylene (PE).