https://www.avient.com/sites/default/files/2023-02/OnColor Water Pitcher Application Snapshot.pdf
L E A D I N G C O N S U M E R
P RO D U C T S O E M
W A T E R P I T C H E R H A N D L E
• Access to the latest colors & effects for inspiration and
assistance with brand aesthetics
• Meet sustainability expectations while maintaining product
and brand integrity
• Accelerate product development timeline to meet
aggressive commercial deadlines
• Offered blue marble effect in Oceanworks PS
• Developed a proprietary blue marble aesthetic
in a recycled PS, meeting brand and
sustainability expectations
• Expedited product development to satisfy
ambitious timeline requirements
• Provided ongoing inspiration and global
support throughout the process
OnColor™ (Remafin™) Polymer Colorants for
polyolefins
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-07/Versaflex TPE for Orthopedic Sole Insert - Application Snapshot.pdf
O RT H O P E D I C PA RT S
M A N U FAC T U R E R
O R T H O P E D I C S O L E I N S E R T
• A super soft TPE (
https://www.avient.com/resources/safety-data-sheets?page=2420
DB3851B BLACK
70% RCL-6
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=6430
ABS BLACK
STAN-TONE HCC-107373 H WHITE
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=319
900 H/S BASE
F515 BLACK
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=6460
STAN-TONE HCC-107451 H BROWN
6600 Black
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=6439
PE4125 B1 T/F HDPE BLACK
CORE(TM) DB5181 YELLOW C LO TEMP FR
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
31
Capex / Revenue
2021E (%)
AV I E N T I S A SS E T L I G H T
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
2
3
1
2
3 3
3
4
3 3
4
5 5
5
6
9
A
vi
e
n
t
A
vi
e
n
t
(E
xc
l.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
H I G H F R E E C A S H F L OW
C O N V E R S I O N
Avient reflects 2021 estimated EBITDA of $580M and estimated CAPEX of $80M (excludes one-time synergy capture CAPEX of $20M)
Source: Peer data per Bloomberg market data as of November 8, 2021
86
93
85
83
79
77 75
89
85 83 81 79 79 78 77
74
25
A
vi
e
n
t
K
W
R
P
P
G
A
V
Y
F
U
L
R
P
M
G
C
P
F
M
C
U
N
V
R
C
E
B
N
R
H
X
L
A
S
H
E
C
L
E
M
N
H
U
N
S
C
L
A
L
B
(10)
Source: Peer data per Bloomberg market data as of November 8, 2021
Total Enterprise Value / 2021E EBITDA
Our current valuation with updated
guidance implies an EBITDA multiple
that is below many of our specialty
formulator peers.
With the Clariant Color business
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
33
Avient reflects 2021 estimated EBITDA of $580M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
11.4
20.2
16.7 16.5
14.7
12.0
10.8
40.7
29.9
26.2
13.2 12.4
11.0 10.9
9.1 9.0
7.5
6.5
A
vi
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n
t
K
W
R
P
P
G
A
V
Y
R
P
M
F
U
L
G
C
P
A
L
B
H
X
L
E
C
L
A
S
H
F
M
C
B
N
R
S
C
L
U
N
V
R
E
M
N
C
E
H
U
N
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/resources/safety-data-sheets?page=6386
YLWPWDMB (50.00% Yellow V-9415 or TY-70)
BLACK EVA CONCENTRATE
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=316
DB3313 BLACK
MB630 VARIOU 70 DURO
PP FR 8-6 LMS-1000