https://www.avient.com/sites/default/files/2020-08/case-study-one-pager-gravi-tech-kitchen-knife-handle.pdf
CUTLERY MAKER
P R E M I U M K I T C H E N K N I V E S
• Replaced aluminum while providing the same premium
weight and feel of a metal
• Withstand dishwashing without the discoloration issues of
aluminum handles
• Streamlined the design and molding
phase, working directly with the
manufacturer
• Enabled the customer to expand their
product line, providing a dishwasher safe
kitchen knife into the market
Gravi-Tech™ Density Modified Material
KEY REQUIREMENTS
WHY AVIENT?
https://www.polyone.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-density-modified
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-gravi-tech-luxury-closures-english.pdf
LEADING PRODUCER OF
CLOSURES FOR SPIRITS
L U X U R Y C L O S U R E S
• Replace metal while providing metallic look and feel
• Customization of density and color
• Easy processing
• FDA compliance
• Replaced metal with a weighted polymer
solution to maintain high-quality perception
• Minimized the appearance of chips from
everyday wear better than metal by
matching closure interior and metalized
coating colors
• Enabled the customer to introduce their
luxury closures to a new market segment
Gravi-Tech™ Density Modified Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.polyone.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-density-modified
Leading producer of closures for spirits
https://www.avient.com/sites/default/files/2021-10/gravi-tech-spirit-bottle-caps.pdf
LUXURY PACKAGING
MANUFACTURER
S P I R I T B O T T L E C A P S
• Specific gravity of 1.6
• EU and FDA compliant material
• ABS-based material suitable for electroplating
• Delivered a customized density polymer that
supported electroplating, resulting in both
the look and feel of metal
• Demonstrated experience and expertise in
density-modified material technology and
electroplating to reach application goals
quickly and cost-effectively
Gravi-Tech™ Density Modified Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-density-modified-formulations
https://www.avient.com/sites/default/files/2023-11/Stat-Tech TPE - Cash Machine Tray - Case Study Snapshot.pdf
avient
ATM/ CASH
MACHINE
T R A Y S T R U C T U R E
• Excellent stiffness & rigidity
• Anti-static, frictional note speed
• Excellent dimensional stability
• Flame resistance
• Service life durability
• Provided a solution with permanent
antistatic properties
• Excellent wear and friction resistance,
enhancing durability
• Additional performance characteristics of
flame resistance and low COF
Stat-Tech™ PC custom formulations
KEY REQUIREMENTS
WHY AVIENT?
All Rights Reserved
https://www.avient.com/products/thermoplastic-elastomers/stat-tech-tpe-static-dissipative-electrically-conductive-thermoplastic-elastomers
ATM/ cash machine
https://www.avient.com/sites/default/files/2023-10/Stat-Tech TPE - Anti-Static Bellow - Case Study Snapshot.pdf
RADIO CONTROL
SYSTEM PRODUCER
A N T I - S T A T I C B E L L O W
• Electrical resistivity of < E+6 Ω
• Soft grades between 40-50 Shore A
• Abrasion resistant
• Light weight material
• Designed to meet ATEX standards
• Replaced conductive EPDM thermoset
rubber enhancing processability and
enabled in-house injection molding
• Provided electrical resistivity at a low shore
hardness, improving joystick
maneuverability
• Enabled greater scrap re-use rate
Stat-Tech™ Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
All Rights Reserved
https://www.avient.com/products/thermoplastic-elastomers/stat-tech-tpe-static-dissipative-electrically-conductive-thermoplastic-elastomers
Radio control system producer
https://www.avient.com/sites/default/files/2023-10/Stat-Tech TPE - Cable Gromet - Case Study Snapshot.pdf
AUTOMOTIVE MIRROR &
CAMERA MANUFACTURER
C A B L E G R O M M E T
• Electrically conductive
All Rights Reserved
https://www.avient.com/products/thermoplastic-elastomers/stat-tech-tpe-static-dissipative-electrically-conductive-thermoplastic-elastomers
Automotive mirror & camera manufacturer
https://www.avient.com/sites/default/files/2021-04/case-study-one-pager-gravi-tech-toothbrush-base.pdf
ITALIAN MOLDER &
PART PRODUCER
L U X U R Y T O O T H B R U S H B A S E
• Density 4.0 SG
• Low water absorption
• Good mechanical performance
• Chemical resistance to toothpaste and cleaning products
• Worked in close collaboration with customer
to fully understand material requirements
• Provided an alternative to metal with the
processing and recyclability benefits of a
polymer
• Enabled customer to launch innovative new
product into the market winning Red Dot
Design Award
Gravi-Tech™ Density Modified Formulations
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-density-modified-formulations
Italian molder & Part producer
https://www.avient.com/sites/default/files/2021-10/gravi-tech-perfume-cap-one-page-case-study.pdf
COSMETIC PACKAGING
MANUFACTURER
P E R F U M E C A P
• A weighted material with a metallic finish
• A material that could be injection molded into a premium
perfume cap
• Formulated a weighted material with 2.0 specific
gravity that is FDA approved
• Enabled customer to enter the premium
packaging market, typically reserved for metal
working converters
• Provided a material that could be injection molded
• Provided metallic finish aesthetic with cool touch
haptics
Gravi-Tech™ Density Modified Formulation
KEY REQUIREMENTS
WEIGHT + PROCESSABILITY
LEARN MORE
Copyright © 2021, Avient Corporation.
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-density-modified-formulations
Cosmetic packaging manufacturer
https://www.avient.com/sites/default/files/2021-10/gravi-tech-tequila-cap-one-page-case-study.pdf
GLOBAL CLOSURES
PRODUCER
T E Q U I L A C A P
• A weighted material that could be injection molded
• A material with evenly distributed weight
• Suitable for over molding with a TPE to be used as a
stopper in a tequila bottle
• Formulated a 2.5 specific gravity weighted
PP material that is FDA approved
• Simplified processing steps and created an
evenly balanced closure that was over-
molded with a TPE
• Expedited development of material to meet
customer deadline
Gravi-Tech™ Density Modified Formulation
KEY REQUIREMENTS
WEIGHT + PROCESSABILITY
LEARN MORE
Copyright © 2021, Avient Corporation.
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/gravi-tech-density-modified-formulations
Global Closures producer
https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
Continue fostering our Great Place
to Work® culture
Strategic ObjectivesStrategic Objectives
Long Term
Growth
Rates
Growth DriversGrowth Drivers
$340
$455
$790
$1,175
$51
$84
$212
$668
$108 $113
$231
$293
$265
$358
$726
$830
8-12% 10% 8-10% 5%
Sustainable Solutions Composites Healthcare Asia/Emerging Regions
Profitable GrowthProfitable Growth Great Place to WorkGreat Place to Work
5.4%
11.5%
16.2%
2006 2018 2022
EBITDA Margins
$0.14
$2.67
$3.04
2006 2018 2022
2022 data is pro forma for acquisition of Avient Protective Materials and Distribution divestiture
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
90th
percentile
87th
ESG Ratings Performance
5
5
Innovation is the lifeblood of a specialty company.
WHAT WE DO: WE ARE A FORMULATOR
6
CUSTOM
FORMULATION
JU LY 27 , 2023
W EB CAS T
P RE SE N TATI O N
COMPOSITES PORTFOLIO
D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D P A N E L S
T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
8
DEFENSE TELECOMMUNICATIONS ENERGY TRANSPORTATION
Military • Law Enforcement
First Responders
Body Armor • Helmets
Vehicle Protection
Sustainable Infrastructure
Offshore Wind
Electrical Grid Protection
EV Battery Components
Commercial Laminates
Body & Trim • Air Cargo and
Railroad Car Panels
5G Applications
Fiber Optic Cables
Satellite Communications
Connectors and
Components
9
COMPOSITES SERVE DIVERSIFIED
END MARKETS
INDUSTRIAL
Lifting Slings • Aquaculture
High Pressure Pipe
Conveyer Springs
Q 2 P ER FO RM A N CE
Q2 2023 PERFORMANCE VS.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years.
28
EV / 2023E EBITDA
Historic Multiple
6.5
8.3
9.5
13.8
12.7 12.6
11.3
8.7
18.6
16.5
10.1 10.0 9.7 9.5 9.4
8.7
01
1)
01
8)
02
3)
Avient Specialty
Other Specialty /
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
30
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2022 REVENUE | $2 .4 B ILL ION
34%
38%
END MARKET REGION
31
34%
21%
Building &
1% Energy
2%
COLOR, ADDITIVES & INKS
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
52%
35%
32
19%
8%Industrial
16%
9% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
27%
14%
17%
Building &
(37% of sales)Transportation
12%
Building &
US &
Canada
(40% of sales)
7%
56%
23%
7%
Building &
1%
LATAM
(5% of sales)
3%
33
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.