https://www.avient.com/knowledge-base/case-study/reinforcing-stronger-infrastructure?ind[]=21509
Polystrand™ Continuous Fiber Tapes & Laminates
Polystrand™ Continuous Fiber Reinforced Thermoplastic Composites provide a reinforcing layer within the high density polyethylene (HDPE) pipe wall through thermal wrapping that is integrated into the pipe manufacturing processes.
Video Polystrand Unidirectional Composite Tape
Continuous fiber reinforced thermoplastic composite tape is slit to custom widths from 2" to 24".
https://www.avient.com/sites/default/files/2022-03/AVNT Mar 2022 Presentation.pdf
Examples include:
• Unique technologies that improve the recyclability
of products and enable recycled content to be
incorporated, thus advancing a more circular
economy
• Light-weighting solutions that replace heavier
traditional materials like metal, glass and wood,
which can improve fuel efficiency in all modes of
transportation and reduce carbon footprint
• Sustainable infrastructure solutions that increase
energy efficiency, renewable energy, natural
resource conservation and fiber optic / 5G network
accessibility
Avient employs approximately 8,700 associates and is
certified ACC Responsible Care® and a founding
member of the Alliance to End Plastic Waste.
We are Avient.
6
BETTER TOGETHER: POLYONE AND
CLARIANT COLOR
Key Financial Data
2021 Sales $4.8 billion
2021 EBITDA $581 million
87% of EBITDA from specialty applications
2021 PE RF O RM AN CE
$80
$85
$0.52
$0.58
Q4 2021 PERFORMANCE
8
Sales Adjusted Operating Income
$997
$1,202
+ 21%
Adjusted EPS
+ 6% + 12%
(in millions) (in millions)
$308
$429
$1.93
$3.05
FULL YEAR 2021 PERFORMANCE
9
Sales Adjusted Operating Income
$3,783
$4,819
+ 27%
Adjusted EPS
+ 39% + 58%
(in millions) (in millions)
(1) (1) (1)
FULL YEAR 2021 SEGMENT PERFORMANCE
10
$2,043
$2,402
SEM Distribution
$226
$303
+ 18% + 34%
$1,110
$1,631
$70
$93
+ 47% + 33%
$709
$919
$94
$132
+ 30% + 40%
Full Year 2020 (Pro forma) $3,783 $308
Sustainable Solutions 147 19% 60
Healthcare 143 28% 30
Composites 58 43% 29
Growth in Asia / LATAM 107 21% 26
Other 543 30% 58
Sub-total $4,781 26% $511
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (22) (12)
Synergies 44
FX, Incentives, Other Employee Costs 60 (60)
Full Year 2021 $4,819 27% $429
FULL YEAR 2021 SALES AND OPERATING INCOME
11
Sales Growth Rate
Operating
Income$ millions
EBITDA
12
Full Year 2020 (Pro forma) $ 457
Demand 135
$ millions
CAI:
Price / Mix 158
Inflation (120)
SEM:
Price / Mix 84
Inflation (65)
Distribution:
Price / Mix 318
Inflation (304)
Net Price Benefit 71
Wage Inflation and Overtime (39)
Other Supply Chain Costs (15)
COVID Response Applications (12)
Synergies 44
Incentives, FX, Other Employee Costs (60)
Full Year 2021 $ 581
• Demand impact driven by growth
in key focus areas: sustainable
solutions, healthcare, composites
and growth in Asia / LATAM
• Price increases more than offset
raw material and supply chain
impacts
FULL YEAR 2021 EBITDA BRIDGE
SPECIALTY EBITDA MARGIN EXPANSION
13
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Color business
15.3% 15.2%
16.2%
17.0%
2018 2019 2020 2021
14.8%
15.2%
17.6% 17.8%
2018 2019 2020 2021
SEM
• Record margins in 2021 despite
unprecedented supply chain challenges
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Color synergy realization
• Investments in composites and outdoor
high performance applications drove
growth and mix improvements
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $54 million of synergies realized in 2021
• Acquisition completed on July 1, 2020 for $1.45 billion.
We will deliver for our stakeholders through multiple value creation levers—many of
which are unique to Avient:
o Demand for sustainable solutions, healthcare, and composites, together with Clariant Color
revenue synergies, that will drive long-term revenue growth in excess of GDP
o Clariant color cost synergy capture will result in significant near-term benefit
In addition, we remain committed to increasing annual dividends in line with earnings growth and
opportunistically buying back shares, all while remaining modestly levered.
https://www.avient.com/products/thermoplastic-elastomers/versaflex-tf-adhesive-tpes-textile-fabrics
Fiber-Line™ Engineered Synthetic Fiber Products
Fiber Additives
Enhance the properties of spun-dyed polyester, polyamide and polypropylene
https://www.avient.com/products/polymer-additives/surface-modifier-additives/cesa-anti-phenolic-yellowing-additives
Cesa™ Fiber Additives
Enhance the properties of spun-dyed polyester, polyamide and polypropylene.
Polypropylene Clarifier: Hiformer™
https://www.avient.com/knowledge-base/case-study/reinforcing-stronger-infrastructure?rtype[]=1124
Polystrand™ Continuous Fiber Tapes & Laminates
Polystrand™ Continuous Fiber Reinforced Thermoplastic Composites provide a reinforcing layer within the high density polyethylene (HDPE) pipe wall through thermal wrapping that is integrated into the pipe manufacturing processes.
Video Polystrand Unidirectional Composite Tape
Continuous fiber reinforced thermoplastic composite tape is slit to custom widths from 2" to 24".
https://www.avient.com/knowledge-base/case-study/reinforcing-stronger-infrastructure?sust[]=1165
Polystrand™ Continuous Fiber Tapes & Laminates
Polystrand™ Continuous Fiber Reinforced Thermoplastic Composites provide a reinforcing layer within the high density polyethylene (HDPE) pipe wall through thermal wrapping that is integrated into the pipe manufacturing processes.
Video Polystrand Unidirectional Composite Tape
Continuous fiber reinforced thermoplastic composite tape is slit to custom widths from 2" to 24".
https://www.avient.com/knowledge-base/case-study/reinforcing-stronger-infrastructure?pname[]=10716
Polystrand™ Continuous Fiber Tapes & Laminates
Polystrand™ Continuous Fiber Reinforced Thermoplastic Composites provide a reinforcing layer within the high density polyethylene (HDPE) pipe wall through thermal wrapping that is integrated into the pipe manufacturing processes.
Video Polystrand Unidirectional Composite Tape
Continuous fiber reinforced thermoplastic composite tape is slit to custom widths from 2" to 24".
https://www.avient.com/knowledge-base/case-study/reinforcing-stronger-infrastructure
Polystrand™ Continuous Fiber Tapes & Laminates
Polystrand™ Continuous Fiber Reinforced Thermoplastic Composites provide a reinforcing layer within the high density polyethylene (HDPE) pipe wall through thermal wrapping that is integrated into the pipe manufacturing processes.
Video Polystrand Unidirectional Composite Tape
Continuous fiber reinforced thermoplastic composite tape is slit to custom widths from 2" to 24".
https://www.avient.com/resource-center?document_type=221&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=4
Continuous fiber reinforced thermoplastic composite tape is slit to custom widths from 2" to 24"
Polystrand™ continuous fiber reinforced thermoplastic composites - lightweight, strong and versatile.
Take a closer look at the benefits of continuous fiber reinforced thermoplastic composites.
https://www.avient.com/resource-center?document_subtype=0&document_type=221&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=0&product_name=0&page=4
Continuous fiber reinforced thermoplastic composite tape is slit to custom widths from 2" to 24"
Polystrand™ continuous fiber reinforced thermoplastic composites - lightweight, strong and versatile.
Take a closer look at the benefits of continuous fiber reinforced thermoplastic composites.