https://www.avient.com/sites/default/files/2021-02/versaflex-non-blooming-solution-technical-bulletin.pdf
TECHNICAL BULLETIN
1.844.4AVIENT
www.avient.com
PROPERTY TEST METHOD UNITS VERSAFLEX™
CE 3130-80N
VERSAFLEX™
CE 3130-70N
Shore Hardness ASTM D2240 Shore A 79 69
Specific Gravity ASTM D792 g/cm3 1.08 1.04
Tensile Strength ASTM D412 psi 2,484 2,222
Melting Flow Index (190°C, 21.6kg) ASTM D1238 g/10min 5.2 4.4
Elongation ASTM D412 % 864 667
Flexural Modulus @ 300% ASTM D790 psi 975 855
Viscosity @ 11,170 sec, 200°C ASTM D3835 Pa.s 30.6 22.2
Abrasion (Mass Lost) ASTM D3389 mg 1.1 2.6
UV Resistance 0.68W/m2
45°C 168hours — Good Good
Stain Resistance *Condition 1
*Condition 2 — Excellent Excellent
Blooming 85% RH
30°C,168 hours — Non Non
Processing (Demold) — — Excellent Good
Cycle Time — — Short Middle
Overmold Substrate — — PC/ABS PC/ABS
KEY PROPERTIES AND OVERMOLD PERFORMANCE
Copyright © 2021, Avient Corporation.
TEST METHODS
Stain Test - Condition 1: Tea, coffee, ketchup,
mustard stand on the surface for 2 minutes at room
temperature, then removed to observe the surface
performance.
Condition 2: Sunblock and hand
cream stand on the surface for 24 hours at 50°C, then
removed to observe the surface performance.
https://www.avient.com/sites/default/files/2021-01/eccoh-cpr-product-bulletin.pdf
Performance Requirements
• Physical performance
• Fire performance (Euroclass)
2.
The cable design, other
materials used in the cable, and the cable manufacturing process can all influence CPR test results.
The cable manufacturer is responsible for conducting such trials to determine
the ECCOH™ grade suitable for the application.
1 CPR class indications are based values for a sheathing thickness of 1mm.
2 For LV sheathing, CPR class indications are based on a cable design without bedding or flame retardant insulation.
https://www.avient.com/sites/default/files/2020-08/eccoh-cpr-product-bulletin.pdf
Performance Requirements
• Physical performance
• Fire performance (Euroclass)
2.
The cable design, other
materials used in the cable, and the cable manufacturing process can all influence CPR test results.
The cable manufacturer is responsible for conducting such trials to determine
the ECCOH™ grade suitable for the application.
1 CPR class indications are based values for a sheathing thickness of 1mm.
2 For LV sheathing, CPR class indications are based on a cable design without bedding or flame retardant insulation.
https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=42
EMI-shielding performance at frequencies from 30 MHz up to 2 GHz
Wire and Cable - Product Selection Guide (English)
Explore product offerings for wire and cable applications (English language version)
https://www.avient.com/news/avient-expands-flame-retardant-solutions-portfolio-wire-and-cable-eccoh-xl-8054
Homepage
//
News Center
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Avient Expands Flame Retardant Solutions Portfolio for Wire and Cable with ECCOH™ XL 8054
Avient Launches ECCOH™ XL 8054, Expanding Cross-Linkable Flame Retardant Solutions Portfolio for Wire and Cable
With these attributes, it can be used in a variety of applications, including shipbuilding, railways, building and construction, and solar cables.
https://www.avient.com/resources/safety-data-sheets?page=2740
RTMB ( 5.2% Blue 5006 UMB)
https://www.avient.com/sites/default/files/2023-05/AVNT Q1 2023 Earnings Presentation.pdf
AVIENT CORPORATION
F I R S T Q U A R T E R 2 0 2 3 R E S U L T S
(NYSE: AVNT)
M AY 3 , 2 0 2 3
DISCLAIMER
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
FX -11%
FX -3%
Total Avient -14%
YoY Comparison against 2022 pro forma results
• Aging infrastructure driving need for greater
technological advancements and upgrades
• Increased focus on strength and capacity
of electrical grid plays into further adoption
of composites into the market
UV, weather-resistance, customized
capabilities
Best-in-class customer responsiveness
Local high-quality manufacturing,
unparalleled breadth of portfolio
Expanding position in insulators, utility
poles, crossarms, and wind energy
Avient Confidential 11
ENERGY
11
• Fiber-optic investments from AT&T, Corning,
Commscope continue to drive industry toward
innovation
• $42B BEAD program in Infrastructure Bill to
increase cable deployments; well-positioned to
capitalize on “Made in America” requirement and
“last mile” buildout
Flame retardance, weather-resistance enables
faster, safer, more reliable connections
Local manufacturing, unparalleled breadth of
portfolio
Expanding position in insulation for wire
jacketing, 5G buildout
TELECOMMUNICATIONS
Source: U.S.
National Defense
budget of $842 billion submitted to Congress
in Q1 2023
• European NATO members annual defense
spend expected to increase by up to 20%
Dyneema® is the world’s strongest fiber™
One of the highest strength to weight
ratios of any material on Earth
Direct relationships with industry leading
armor manufacturers
Resistant to most chemicals, UV, and
moisture to handle any environment
Avient Confidential 13
DEFENSE
Source: US Department of Defense, defense.gov, NATO13
Source:
TRANSPORTATION
• Increased EPA regulations requiring
improved fuel efficiency, enabled in part by
lower-weight vehicles
• Automakers preparing for 2/3 of U.S.
vehicles to be 100% electric by 2032
Lightweight panels that establish both
strength and stiffness resulting in
decreased energy usage, lower emissions
Long-lasting Color applications to resist
UV exposure, temperature fluctuations
and exceed the stylistic requirements of
global automakers
14
$130
$530
$0.60
$2.40
2023 GUIDANCE
15
Sales Adjusted EBITDA
$845
$3,400
Adjusted EPS
(in millions) (in millions)
CASH FLOW / LEVERAGE
16
• Maintaining free cash flow
and leverage guidance from
February earnings call
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Restructuring actions to
streamline operations and
improve profitability,
primarily in Europe
($ millions) 2023E
Cash Flow from Operating Activities 350$
Less:
Run-Rate CapEx (110)
CapEx for IT System Upgrade (25)
CapEx for Restructuring (15)
Total CapEx (150)
Free Cash Flow 200$
Adjusted EBITDA 530$
Net Debt / Adjusted EBITDA 2.9x
LONG-TERM REVENUE GROWTH DRIVERS
Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites 10%
Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
17
Sustainable
Solutions
32%
Asia / LATAM
Composites
Other (GDP
Growth)
39%
• Virtual presentation to be held
September 20, 2023
• The company will be
conducting an investor-focused
presentation around our
sustainability solutions portfolio
Avient Confidential 18
SUSTAINABILITY
INVESTOR DAY
18
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2022
($ in millions)
Organic Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
19
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
$1,175M
Lightweighting
Eco-Conscious
Recycle Solutions
VOC Reduction
Sustainable Infrastructure
Human Health & Safety
Reduced Energy Use
Bio-polymers
SUSTAINABILITY NEEDS BY MARKET
B&C
• Eco-Conscious
• Carbon footprint
• Resource
conservation
• Carbon footprint
• Bio based content
• Eco-Conscious
Automotive
• Light weighting
• Recycled Content
• VOC reduction
• Recycle Solutions
• Carbon Footprint
Packaging
• Recycle Solutions
• Food waste
reduction
Common Theme: CO2 Emission Goals
Increasing Single-Use Plastic Regulation
20
INVESTING
IN INNOVATION
S U S T A I N A B I L I T Y P O R T F O L I O
21
AP P EN D IX
24
RAW MATERIAL 2022 ANNUAL PURCHASES
Performance
Additives
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
• Cost inflation
decelerating,
particularly for
hydrocarbon-based
raw materials
2022 pro forma results for the acquisition of Avient Protective Materials
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
24%
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%
26
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
C O L O R , A D D I T I V E S & I N K S
2022 REVENUE | $2 .4 B ILL ION
34%
38%
END MARKET REGION
27
34%
21%
Building &
1% Energy
2%
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
END MARKET
52%
35%
REGION
28
19%
8%Industrial
9% Defense
Building &
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
BY END MARKET
27%
14%
17%
Building &
(37% of sales)Transportation
24%
12%
Building &
US &
Canada
(40% of sales)
56%
23%
Building &
1%
LATAM
(5% of sales)
3%
29
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,400 and estimated run-rate CAPEX of $110M.
31
4 4
5 5 5
6
7
9
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/investor-center/news/polyone-announces-fourth-quarter-and-full-year-2019-results
2)
5.2
5.2
https://www.avient.com/sites/default/files/2021-01/wire-and-cable-one-pager.pdf
Specialty Engineered Materials
Wire & Cable
Avient is here to help you consistently meet your flame retardant wire & cable product specification challenges head on.
APPLICATIONS: Power cables, Ethernet category cables, industrial cables, solar installation cables, coaxial cables,
fiber optics, hybrid cables
SYNCURE™
Cross-Linked Polyethylene for Power Cable Insulation
• Resistant to heat, oil, creep and abrasion
• Fast extrusion speeds
• UL 44 & UL 4703 flame performance
• UL/CSA bulletins
MAXXAM™ FR W&C
Flame Retardant Polypropylene for Category Cable
Insulation and Cross-Webs
• Alternative to FEP
• Low dielectric
• Thin wall extrusion capabilities
• UL 94 & plenum yellow card, V-2, V-0 & 5VA
fire performance ratings
FIRECON™
Flame Retardant Chlorinated Polyethylene
for Industrial Cable Jackets
• Resistance to harsh environments
• Low temperature properties
• UV resistance
• UL 44 flame performance
ECCOH™ LSFOH
Low Smoke and Fume, Non-Halogen for Insulation
and Jackets
• Low smoke and toxicity
• Improved fire safety
• Resistance to chemicals
• UL44 and CPR flame performance
ADDITIONAL SOLUTIONS
MAXXAM™ SY
Foamed Polypropylene for Coaxial Cable Insulation
SYNPRENE™
Flame Retardant Thermoplastic Elastomers
POLYMIX™
Customer Proprietary Formulations
For more information, please visit avient.com
or call +1.844.4AVIENT (+1.844.428.4368).
https://www.avient.com/company/sustainability/sustainability-report/products/markets/5g-case-study
Fiber-Line™ Swellcoat™ Water Blocking Yarns support 5G antennae, data centers, and backbone cable designs to prevent equipment damage and signal attenuation due to water ingression in the cables.
5G Fiber Optic Cables
Fiber-Line™ Fiber Optic Cable solutions enhance the performance and prolong the life of FOC with water blocking yarns, strength members, and ripcords, enabling cable manufacturers to optimize slimmer, stronger, cables at longer aerial spans with lower tension—critical for rural FTTH networks.