https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Brazil %28English and Spanish Translation%29.pdf
In the
event of Buyer’s breach or failure to perform, Seller
shall be entitled to (but is not required to) recover from
Buyer, in addition to any other damages caused by such
action: (i) in the case of Products produced specifically
for Buyer or which reasonably cannot be resold by
Seller to a third party, the price of such Products as
quoted in Seller’s order confirmation; or (ii) in the case
of Products which can be resold by Seller, damages
equal to fifty percent (50%) of the price for the
Products as quoted in Seller’s order confirmation, as
liquidated damages.
9.
Except in the case of a force majeure, if not
satisfied with Seller’s determination, Buyer as its sole
remedy shall have a right to terminate this contract
without further obligation upon: (i) 10 calendar days’
written notice; and (ii) payment for all Product received
to date.
In
case Buyer is required to disclose the information by
virtue of a court order or statutory duty, Buyer shall
immediately inform Seller and reasonably cooperate
with Seller should it seek to obtain a protective order.
https://www.avient.com/sites/default/files/2020-10/tpe-overmold-design-guide.pdf
In the case of three plate tools, a sucker
pin with a simple spherical end is suitable.
In many cases, the melt temperature of the TPE is lower than the nozzle
temperature.
In many cases, the melt temperature of the TPE is lower than the nozzle
temperature.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Colombia %28English and Spanish Translation%29.pdf
Except in the case of a
force majeure, if not satisfied with Seller’s determination, Buyer
as its sole remedy shall have a right to terminate this contract
without further obligation upon: (i) 10 calendar days’ written
notice; and (ii) payment for all Product received to date.
14.
In case Buyer is
required to disclose the information by virtue of a court order or
statutory duty, Buyer shall immediately inform Seller and
reasonably cooperate with Seller should it seek to obtain a
protective order.
In case of discrepancy between the English and
Spanish versions of these Terms and Conditions, the Spanish
version shall prevail.
https://www.avient.com/sites/default/files/2024-03/QF-02 QMS Global Standard Response.PDF
Business Continuation Plan
Backup plans have been
established in some facilities in
case of production site/line
disruption to ensure service
continuity to customers.
A goods receipt inspection with
defined tests are mandatory for all raw materials
used in food application products produced under
ISO 22000 conditions
Procedures are in place to manage both supplier
approval in case of new suppliers and continuing
supplier evaluation.
https://www.avient.com/sites/default/files/resources/TPE_Overmolding_Solutions_for_Engineering_Thermoplastics.pdf
In most cases the elastomer in two-shot molding is limited to think walls molding
which requires the elastomer to have high flow properties.
If a hardness test
is done in this case a lower indenture will be observed resulting in higher
hardness even though the skin may be soft.
https://www.avient.com/sites/default/files/2020-10/hiformer-case-study.pdf
https://www.avient.com/sites/default/files/resources/Terms%2520and%2520Conditions%2520of%2520Sale%2520for%2520Hungary.pdf
Except in the case of a force majeure, if not
satisfied with Seller's determination, Buyer shall have
a right to terminate the relevant purchase order(s)
upon: (i) 10 days written notice; and (ii) payment for
all Product received to date, without further obligation.
Except in the case of a pre-existing master agreement
in effect between Buyer and Seller, no statement or
agreement, oral or written, made before or at the
signing of the relevant purchase order(s) shall vary or
modify the written terms hereof, and neither party
shall claim any amendment, modification or release
from any provision hereof unless such change occurs
in a writing signed by the other party and specifically
identifying it as an amendment to these Terms and
Conditions.
The parties agree and
acknowledge for the avoidance of doubt that in case of
discrepancies between both versions, the English
kiindulópontként szolgálnak és az Eladó jogosult
részszállításokra, hacsak a felek kifejezetten másként
nem egyeznek meg.
https://www.avient.com/sites/default/files/resources/Terms_and_Conditions_for_Canada_%2528French_Language%2529.pdf
Sauf stipulation contraire dans un contrat cadre préexistant alors en vigueur
entre l’acheteur et le vendeur, pendant les périodes où la demande de produit excède les stocks
disponibles, pour cause de force majeure ou autrement, le vendeur peut répartir le produit entre ses
propres besoins de fabrication, ses clients et l’acheteur, comme il le juge équitable et juste.
https://www.avient.com/sites/default/files/2022-04/Avient Q1 2022 Earnings Release.pdf
Three Months Ended
March 31, 2022
Three Months Ended
March 31, 2021
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income attributable to Avient shareholders $ 84.2 $ 0.91 $ 79.3 $ 0.86
Special items, after tax (Attachment 3) 7.2 0.08 2.6 0.03
Adjusted net income / EPS - excluding special items $ 91.4 $ 0.99 $ 81.9 $ 0.89
6
Attachment 2
Avient Corporation
Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
March 31,
2022 2021
Sales $ 1,293.8 $ 1,162.3
Cost of sales 1,000.1 859.9
Gross margin 293.7 302.4
Selling and administrative expense 165.1 182.0
Operating income 128.6 120.4
Interest expense, net (16.9) (19.3)
Other (expense) income, net (0.6) 1.5
Income before income taxes 111.1 102.6
Income taxes (26.6) (22.9)
Net income 84.5 79.7
Net income attributable to noncontrolling interests (0.3) (0.4)
Net income attributable to Avient shareholders $ 84.2 $ 79.3
Earnings per share attributable to Avient common shareholders - Basic $ 0.92 $ 0.87
Earnings per share attributable to Avient common shareholders - Diluted $ 0.91 $ 0.86
Cash dividends declared per share of common stock $ 0.2375 $ 0.2125
Weighted-average shares used to compute earnings per common share:
Basic 91.5 91.3
Diluted 92.3 92.2
7
Attachment 3
Avient Corporation
Summary of Special Items (Unaudited)
(In millions, except per share data)
Special items (1)
Three Months Ended
March 31,
2022 2021
Cost of sales:
Restructuring costs, including accelerated depreciation and amortization $ (4.4) $ (1.8)
Environmental remediation costs (2.0) (0.5)
Reimbursement of previously incurred environmental costs 0.6 4.5
Impact on cost of sales (5.8) 2.2
Selling and administrative expense:
Restructuring, legal and other 0.9 (1.3)
Acquisition related costs (2.9) (3.3)
Impact on selling and administrative expense (2.0) (4.6)
Impact on operating income (7.8) (2.4)
Other income, net 0.1 —
Impact on income before income taxes (7.7) (2.4)
Income tax benefit on above special items 2.0 0.9
Tax adjustments(2) (1.5) (1.1)
Impact of special items on net income attributable to Avient Shareholders $ (7.2) $ (2.6)
Diluted earnings per common share impact $ (0.08) $ (0.03)
Weighted average shares used to compute adjusted earnings per share:
Diluted 92.3 92.2
(1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt
extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel
reduction programs, plant realignment costs, executive separation agreements; asset impairments; settlement gains or losses and mark-to-
market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation
costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the
divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results
of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the
performance period; one-time, non-recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting
reported results
https://www.avient.com/sites/default/files/2021-10/information-systems-use-policy-final-9.1.2021.pdf
Employees found to have violated this policy will be subject to internal disciplinary action by Avient in
appropriate cases, up to and including immediate termination of employment.