https://www.avient.com/products/thermoplastic-elastomers/onflex-thermoplastic-elastomers
TPEs for HVAC Flaps
TPE Overmolding Design Guide
GLS™ TPEs - Overmolding Guide
https://www.avient.com/sites/default/files/2020-12/case-study-versaflex-ce-antimicrobial-phone-case-1.pdf
PHONE CASE
BRAND
P H O N E C A S E S
• Compatible with antimicrobial additives
• Good stain resistance
• Non-yellowing
• Delivered enhanced solution that included
antimicrobial properties and stain resistance
• Collaborated with OEM and the foremost
supplier of antimicrobials to comply with key
bacterial growth requirements
Versaflex™ CE 3320-80 TPE
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
LAND-BASED)
Avient Corporation 58
Solar Power Wire and Cable
Syncure™ and ECCOH™ Photovoltaic Polymers
• Supports installation of sustainable infrastructure for
renewable energy
• Reduces energy consumption vs. radiation cross-linking process
• Extends useful life for cables
EXTENDS PRODUCT LIFE
Alternative Energy
2022 Revenue: $26M
Wind Turbine Towing Lines
Dyneema® Rope
• Weightless when submerged
• Smaller diameter for equal strength = larger winch capacities
• Reduces drag for improved towing
STRONGER THAN STEEL
15x
Wind Blade Root Stiffener
Glasforms™ Composites
• Provides enabling technology that supports adoption of
alternative energy
• Withstands fatigue for extended product life
ENABLES WIND ENERGY
Avient Corporation 59
CUSTOMER
TESTIMONIALS
“We believe that sustainability and innovation go hand-in-hand and the team at Harley-
Davidson is excited about Avient’s recently launched Bio-Based TPE for our
handlebar grips.”
Per Carlsson, Manufacturing and Operations
CUSTOMER
TESTIMONIALS
Avient Corporation 71
50
90
0
20
40
60
80
100
2022 2030
Medical Plastics Market Size
PRESERVE – TAKEAWAY
Protecting Human Life and Enabling Connectivity Drives Growth Projections
Examples
Covered
Today
56%
Other Applications
44%
2022
$525M (i
n
$B
ill
io
ns
)
8% CAGR 34% CAGR
5G Infrastructure Market Size
12
92
0
10
20
30
40
50
60
70
80
90
100
2023 2024 2025 2026 2027 2028 2029 2030
(in
$
B
ill
io
ns
)
Source: Grand View Research Source: Global Data
Summary
Jamie Beggs
Senior Vice President and Chief Financial Officer
Avient Corporation 72
OUR SUSTAINABILITY REPORT
Avient Corporation 73
Avient Corporation 74
2030 SUSTAINABILITY GOALS
Avient Corporation 75
PERFORMANCE AND RECOGNITION
1
2
5
ESG Ratings Performance
ESG Awards and Certifications
top 13%
94th
percentile
Avient Corporation 76
SUSTAINABILITY INNOVATION AWARDS
Ultra-Low Carbon
Footprint TPE
Innovation Award, Finalist:
Plastics Industry Association
PCR Colorants + Additives
Sustainable Packaging Innovation,
Finalist: U.S.
Plastics Pact
Post-Consumer Recycle (PCR)
Color Predictive Tool
Innovation Award, Winner:
Plastics Industry Association
Product Technology Innovation, Winner:
Plastics Recycling Awards Europe 2023
Additive for
Enhanced Recycling
Innovation Award, Finalist:
Plastics Industry Association
Product Technology Innovation, Finalist:
Plastics Recycling Awards Europe 2023
Service Innovation
Enables Quality Recycle
Product Innovation
Enables PCR Claims + Low CO2
Product Innovation
Protects Quality Recycle
…are Growing at Twice the Rate as
Conventional Products
Sustainably-Branded Products…
Consumers
Are demanding
recyclability and eco-
conscious products
Governments
Are mandating changes
through legislation, taxes,
and regional accords
STAKEHOLDER INFLUENCE DRIVES DEMAND
For Sustainable Products From Sustainable Companies
Brand Owners
Have committed to ambitious
goals to achieve
sustainability metrics
Avient Corporation 77
Avient Corporation 78
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
8-12%
Long Term
Growth
18
46
2023 2032
Global Offshore Annual
Wind Installations
(in Gigawatts)
50
90
2022 2030
Medical Plastics
Market Size
(in $Billions)
2020 2030
12%
CA
GR
3%
CA
GR
Recycled
Plastics
Virgin
Plastics
Growing Demand for
Recycled Content
Avient Sustainable
Solutions
11
%
CA
GR
8%
CA
GR
Sources: McKinsey, Bloomberg, Grand View Research
Avient Corporation 79
Increasing the use
of recycled content
Reducing weight to
lower fuel consumption
2022 SALESDESCRIPTION
$340M
$310M
$525M
OUTCOMES
Enabling customers to
advance the circular economy
Shrinking carbon footprint
and decreasing emissions
Making our planet a better
place for all
Using fewer natural resources;
protecting human life
$1,175MTOTAL SALES
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
AVIENT IS WELL-POSITIONED
A Clean House
Avient holds leading ratings on
ESG matters of importance to
customers, countries, and
key stakeholders
Leading Portfolio
Our formulation expertise and materials
are meeting the unique sustainability
needs of our customers around the world
in endless applications
8-12% Long-Term Growth RateAvient’s Sustainable Solutions
Investing in Innovation
85% of our opportunity funnel is
directed at sustainable solutions
addressing unmet customer needs
Avient Corporation 80
Avient Corporation 81
ADJUSTED EBITDA MARGIN EXPANSION
• Transformative acquisitions
combined with divestitures of
more cyclical businesses have
improved margins over 400 bps
since 2018
• 20% long-term margin goal to be
driven by key growth drivers, with
sustainable solutions playing a
meaningful role
5.4%
11.5%
16.0%
17.3%
20% 20.0%
2006 2018 2023E Recovery Growth
Drivers
Strategic
Objective
20%+
+1%+
+3%+
Community Service
7x Safer
than Industry Average
World-Class Safety
Leadership Development
Over $19 million
raised since 2007
Diversity & Inclusion
PEOPLE AND CULTURE
Avient Corporation 82
Avient Corporation 83
• 6% annualized long-term sales growth leveraging
sustainable solutions, composites, healthcare, and
emerging regions
• Expand EBITDA margins to 20%
• Deliver annual EBITDA and EPS growth of
10% and 15%
• Maintain asset-light, 80% free cash flow conversion
profile and be valued as a specialty formulator
• Continue fostering our Great Place to Work® culture
LONG-TERM OBJECTIVES
Avient Corporation 84
Wrap Up and Q + A
Bob Patterson
Chairman, President, and Chief Executive Officer
Avient Corporation 85
Investor Deck_9_19_23 v4_WEBSITE_GAAP.pdf
2023 SR Non-GAAP Rec v3
https://www.avient.com/knowledge-base/article/injection-molding-part-design
TPE Knowledge Base
Generally, GLS TPEs will flow much further in thinner walls than other types of TPEs.
Generally, SEBS TPEs have higher shrinkage and are more anisotropic than SBS TPEs.
https://www.avient.com/knowledge-base/article/consider-adding-soft-touch-grips-competitive-edge
With TPEs, you can add more than soft touch.
Without tpe
With tpe
https://www.avient.com/sites/default/files/2020-07/versaflex-cpap-tubing-film.pdf
Versaflex - CPAP tubing film
CPAP TUBING
C O R R U G A T E D T U B I N G F I L M
• Replacement for polyolefins
• Good spring-back
• Bondable cuffs
• Clear & clean look
• Minimize humidity and condensation within the tube
• No noticeable odor
• FDA, ISO 10993 & USP VI compatible
• Provided TPE solution to meet market
expectations for improved user comfort &
aesthetics
• Reduced tube noise and improved drape
compliance with new material solution
versus polyolefins
• Offered solution with improved thermal
properties to combat humidity
Versaflex™ CL2250
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-12/case-study-versaflex-ce-clear-phone-case-1.pdf
PHONE CASE
BRAND
C L E A R P H O N E C A S E S
• Optically clear
• Non-yellowing
• Good stain resistance
• Bondable to PC
• Formulated a custom solution to enhance stain
resistance and tensile strength
• Collaborated on application and technical
services to help ensure end product maintained
optical clarity when texture was added
• Provided manufacturing support to reduce scrap
• Coordinated across multiple regions for supply
continuity and technical support to serve
customer’s global needs
Versaflex™ CE 3320-80 TPE
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-02/onflex-af-cup-holder-mat-case-study-one-pager.pdf
EUROPEAN OEM &
TIER 2 MOLDER
C U P H O L D E R M A T
• Low odor material
• Excellent surface finish
• Provided excellent low VOC/FOG properties
and lower density than previous solution
with a specialty TPE grade
• Delivered high-quality aesthetics, including
soft touch and low gloss finish
• Offered global support and production
capabilities to allow molder to source the
grade globally
OnFlex™ AF 7210-70N Thermoplastic
Elastomer
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-12/onflex-s-ke-oscillating-sprinkler.pdf
LEADING GARDEN
TOOLS BRAND
O S C I L L A T I N G S P R I N K L E R S
• Superior abrasion resistance performance
• Ability to pass standard UV testing as well as the
customer’s more stringent UV criteria
• Global support and material availability
• Developed a customized TPE material with
superior UV resistance, adhesion to ABS,
and demolding
• Leveraged in-house UV chamber tests to
exceed UV parameter requirements
• Worked closely with customer’s product
development, engineering and quality teams
to test and specify material
• Supplied grade globally with local technical
and manufacturing support
OnFlex™ S KE Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-11/Versaflex HC -Syringe tip cap-Case study snapshot.pdf
PRE-FILLED
SYRINGE COMPANY
S Y R I N G E T I P C A P
• Excellent sealing performance
• No DEHP or natural rubber latex added during processing
• Can be sterilized by EtO
• Compliant with ISO 10993-4&5 and USP Class VI
• Formulated a solution that met rigorous
medical application requirements
• Leveraged global footprint to ensure supply
continuity
• Increased process efficiency by replacing
previous thermoset material with a TPE
Versaflex™ HC Thermoplastic Elastomers
KEY REQUIREMENTS
WHY AVIENT?