https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
Operating Income $3,783 $4,100 2020PF 2021E Adjusted EPS (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition Previous Guidance Current Guidance $3,783 $4,300 2020PF 2021E $308 $360 2020PF 2021E $308 $410 2020PF 2021E $1.93 $2.40 2020PF 2021E $1.93 $2.80 2020PF 2021E (1) (1)(1) (1)(1) (1) (in millions) (in millions) 12 BALANCE SHEET • Deleveraging to 1.9x net debt to adjusted EBITDA by the end of 2021 • Driven by record adjusted EBITDA performance and strong free cash flow generation from asset light business • Future cash deployment: M&A, opportunistic share repurchases and balance sheet / continued leverage reduction 3.5x 2.7x 1.9x 2019PF 2020PF 2021E Net Debt / Adjusted EBITDA (1) (1) ($ in millions) 2021E Adjusted EBITDA 560$ Free Cash Flow 275$ Total Debt 1,860 Less: Cash (800) Net Debt 1,060$ 2021E Net Debt / Adjusted EBITDA 1.9x (1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition SUSTAINABILITY • Most recent Sustainability report substantially expanded disclosure on key environmental and social topics. • Aligned with leading reporting frameworks – GRI, SASB, TCFD.
D is t. ) K W R R P M P P G A V Y F U L G C P IF F H X L F M C F O E H U N E C L K R A E M N A S H C E S C L G R A A LB Median: 5%Median: 3% Source: Peer data per Bloomberg market data as of April 27, 2021 Avient reflects 2021 estimated revenue of $4,300M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA Median: 84% Median: 77% HIGH FREE CASH FLOW CONVERSION Avient reflects 2021 estimated EBITDA of $560M and excludes one-time synergy capture CAPEX ($20M) Source: Peer data per Bloomberg market data as of April 27, 2021 87 89 87 86 82 81 76 88 87 84 82 81 78 77 77 77 76 73 70 69 50 19 A vi en t K W R P P G R P M A V Y F U L G C P F M C IF F H X L U N V R E C L A S H C E B N R F O E E M N G R A H U N K R A S C L A L B Source: Peer data per Bloomberg market data as of April 27, 2021 Total Enterprise Value / 2021E EBITDA Our current valuation with updated guidance implies an EBITDA multiple that is below specialty formulator peers and the majority of our chemical peers.
https://www.avient.com/sites/default/files/2021-03/wet-grip-tpe-surfco-case-study.pdf
To learn more about our wet grip TPEs, contact Avient at +1.844.4AVIENT (1.844.428.4368) or visit avient.com.
The customized TPE offered excellent hydrophobic qualities and similar melt strength to PP while still maintaining its key mechanical properties.
Ultimately, Avient customized a GLS™ wet grip TPE that outmaneuvered traditional materials—delivering dynamic hydrophobic performance, translucent aesthetics, non-abrasive comfort grip, and excellent UV protection.
https://www.avient.com/sites/default/files/2023-11/reSound BIO TPEs Technical Bulletin.pdf
TECHNICAL BULLETIN reSound™ BIO Thermoplastic Elastomers Customizable Bio-based TPEs reSound™ BIO TPEs are formulated utilizing between 35 and 60 percent bio-renewable content.
Initially available in overmolding grades compatible with PP, all grades are formulated to achieve comparable performance to traditional TPEs.
This expertise enables brands to meet sustainability goals while maintaining the mechanical properties of traditional TPEs.
https://www.avient.com/sites/default/files/2021-10/gls-tpes-with-antimicrobial-technologies-product-bulletin.pdf
GLS™ TPEs with Antimicrobial Technologies This specialty line of GLS™ thermoplastic elastomers has imbedded antimicrobial additives that inhibit bacterial growth by 99.9% or more (log 3) and resist fungal growth to protect molded plastic parts.
Tested against common bacteria and fungi, these TPEs with antimicrobial technologies have proven to protect the finished part from microbial and fungi growth on both textured and smooth surfaces.
KEY CHARACTERISTICS • Protects finished part by inhibiting microbial and fungi growth • Extends useful life of finished TPE parts by controlling deterioration caused by mildew or mold fungus • Increases product durability, preserves surface integrity, and minimizes odors MARKETS & APPLICATIONS Suitable for high-touch surfaces and applications, GLS TPEs with antimicrobial technologies add value in the consumer, packaging and automotive markets.
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https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Brazil %28English and Spanish Translation%29.pdf
Buyer acknowledges that information in Seller’s marketing materials, technical data sheets and other descriptive publications distributed or published on its websites may vary from time to time without notice.
Buyer acknowledges that Seller has furnished to Buyer Safety Data Sheets, which include warnings together with safety and health information concerning the Product and/or the containers for such Product.
Data Protection.
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