https://www.avient.com/news/polyone-helps-leading-infant-care-brand-meet-stringent-food-safety-standards-and-deliver-brand-promise
Using an advanced soft grip Versaflex™ TPE material in the bowl, cup and spoon, the manufacturer was able to meet critical food contact regulations in both Japan and China while simultaneously delivering an experience that reinforces their brand reputation.
https://www.avient.com/news/archives?page=32
Avient Boosts Aesthetics and Productivity for Consumer Electronics with New Non-Blooming Versaflex™ CE 3130 TPEs
https://www.avient.com/resource-center?document_type=59&document_subtype=117&page=2
Versaflex™ TPE used to create ergonomic computer mouse with soft-touch qualities
https://www.avient.com/sites/default/files/2020-10/tpes-for-home-appliances-product-bulletin.pdf
VERSAFLEX™ VDT
4202-40B
DYNAFLEX™
G7940-1
Application Anti-Vibration Feet Anti-Vibration Feet
Defining Characteristic Vibration Damping Good Processability
Compression Set Low Compression Set Low Compression Set
Tactile Feel Grippy Feel Soft Touch, Rubbery Feel
Coloring Black Natural
Hardness 40 Shore A 40 Shore A
Processing Injection Molding Injection Molding
Overmolding Substrate Polypropylene Polypropylene
HOW GLS TPEs MAKE THE DIFFERENCE IN HOME APPLIANCE
ANTI-VIBRATION FEET
• Reduced appliance movement and noise –
vibration damping technology reduces
movement and noise of the appliance
when in use
• Resistance to wear and tear – TPEs are proven
to maintain their shape and resist tears with
low compression set
• Better performance and function – increase
design freedom with material selection
flexibility
• Improved processability – boost efficiency
with injection molding processing and reduce
overall production cycle time
and costs
• Reduced number of part defects – eliminate
secondary operations to achieve consistent
and controlled results
To learn more about GLS TPEs home
appliances, visit www.avient.com or call
+1.844.4AVIENT (1.844.428.4368).
https://www.avient.com/news/archives?page=8
Avient Corporation highlights sustainable innovations at NPE 2024, including Nymax™ REC Recycled Nylon Formulations, Versaflex™ HC BIO BT218 TPEs,
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
GUIDANCE
DEBT / LEVERAGE R EDUCTION
• Completed sale of Distribution
and paid down $750M of debt
in November
• Strong free cash flow in fourth
quarter reduced leverage and
enabled paydown of additional
$200M of debt
• Fixed/Floating Debt Ratio 63/37
• Proven track record of
deleveraging following
acquisitions through consistent
free cash flow generation
$725 $725 $725
$575 $500 $400
$600
$525
$425
$650
$650
$650
$600
$2.40B
$2.20B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
After Distribution
Divestiture
Year-End
8
Year-End
Leverage
3.8x 3.1x 2.9x
2023 Notes
After Avient
Protective Materials
Acquisition
$3.15B
20 22 TRA NSF OR MATI ONAL PORTFOLI O
ENHA NC EMENTS
9
EBITDA margins expanded
from 12% to 16%
Diversified end markets
with reduced exposure to
more cyclical industries
Dyneema®
Acquisition
$1.48B acquisition
strengthens composites
platform
Significantly improved
EBITDA margins $950M divestiture results
in 100% specialty sales
Strong exit multiple of 10x
TTM EBITDA despite
market volatility
Distribution
Divestiture
Improved
Portfolio
G ROW I NG C OM PO SI T ES P LAT F OR M
C O NT R I BU TI O NS TO S EM S EG ME NT
10
Note: 2022 is pro forma for Avient Protective Materials
2016 Sales 2022 Sales
Advanced
Composites
51%
$560M $1,300M
Advanced
Composites
9%
C O M P O S I T E S P O R T F O L I O
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 T A P E S T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
11
ADVA NC ED C OM POSI TES PERFORMA NCE
12 (1) Pro forma for the acquisition of Avient Protective Materials
Sales
$51
$84
$212
$668
2016 2018 2020 2022
$4
$10
$41
$169
2016 2018 2020 2022
EBITDA
(1) (1)
($ in millions)
PORTFOLIO EVOLUTION AND EPS EXPANSION
13
Adj.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
GUIDANCE
DEBT / LEVERAGE R EDUCTION
• Completed sale of Distribution
and paid down $750M of debt
in November
• Strong free cash flow in fourth
quarter reduced leverage and
enabled paydown of additional
$200M of debt
• Fixed/Floating Debt Ratio 63/37
• Proven track record of
deleveraging following
acquisitions through consistent
free cash flow generation
$725 $725 $725
$575 $500 $400
$600
$525
$425
$650
$650
$650
$600
$2.40B
$2.20B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
After Distribution
Divestiture
Year-End
4
Year-End
Leverage
3.8x 3.1x 2.9x
2023 Notes
After Avient
Protective Materials
Acquisition
$3.15B
20 22 TRA NSF OR MATI ONAL PORTFOLI O
ENHA NC EMENTS
5
EBITDA margins expanded
from 12% to 16%
Diversified end markets
with reduced exposure to
more cyclical industries
Dyneema®
Acquisition
$1.48B acquisition
strengthens composites
platform
Significantly improved
EBITDA margins $950M divestiture results
in 100% specialty sales
Strong exit multiple of 10x
TTM EBITDA despite
market volatility
Distribution
Divestiture
Improved
Portfolio
G ROW I NG C OM PO SI T ES P LAT F OR M
C O NT R I BU TI O NS TO S EM S EG ME NT
6
Note: 2022 is pro forma for Avient Protective Materials
2016 Sales 2022 Sales
Advanced
Composites
51%
$560M $1,300M
Advanced
Composites
9%
C O M P O S I T E S P O R T F O L I O
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 T A P E S T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
7
ADVA NC ED C OM POSI TES PERFORMA NCE
8 (1) Pro forma for the acquisition of Avient Protective Materials
Sales
$51
$84
$212
$668
2016 2018 2020 2022
$4
$10
$41
$169
2016 2018 2020 2022
EBITDA
(1) (1)
($ in millions)
PORTFOLIO EVOLUTION AND EPS EXPANSION
9
Adj.
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/edgetek
Versaflex™ HC Thermoplastic Elastomers
Versaflex™ TF Adhesive TPEs for Textile Fabrics
Versaflex™ Thermoplastic Elastomers
https://www.avient.com/products/thermoplastic-elastomers/tpe-knowledge-center/technical-bulletins
Versaflex™ HC Thermoplastic Elastomers
Versaflex™ TF Adhesive TPEs for Textile Fabrics
Versaflex™ Thermoplastic Elastomers
https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates
Versaflex™ HC Thermoplastic Elastomers
Versaflex™ TF Adhesive TPEs for Textile Fabrics
Versaflex™ Thermoplastic Elastomers