https://www.avient.com/news/polyone-acquires-magenta-master-fibers
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: unexpected costs that may arise from the announced acquisition of the Magenta business; any material adverse changes in the acquired Magenta business; our ability to achieve the strategic and other objectives relating to the acquired Magenta business, including any expected synergies; our ability to successfully integrate the acquired Magenta business and achieve the expected results of the acquisition, including, without limitation, the acquisition being accretive; our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities; the timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of service or quality caused by such closings and/or production shifts; separation and severance amounts that differ from original estimates; amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from original estimates; our ability to identify and evaluate acquisition targets and consummate acquisitions; the ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies and retain relationships with customers of acquired companies including, without limitation, Spartech Corporation and/or Accella Performance Materials; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
https://www.avient.com/knowledge-base/article/developing-your-esg-framework
We typically analyze raw material suppliers through EcoVadis – who evaluates an organization based off 21 different sustainability topics that are categorized into environment, labor and human rights, ethics, and sustainable procurement.
https://www.avient.com/knowledge-base/article/developing-your-esg-framework?sust[]=1133
We typically analyze raw material suppliers through EcoVadis – who evaluates an organization based off 21 different sustainability topics that are categorized into environment, labor and human rights, ethics, and sustainable procurement.
https://www.avient.com/knowledge-base/article/continuous-fiber-reinforced-thermoplastic-composites?ind[]=6595
These materials can be formed into multi-ply laminates to offer off-axis performance, post-molded into complex shapes, and overmolded with traditional thermoplastics to provide localized reinforcement in specific part locations.
https://www.avient.com/sites/default/files/2023-11/ISO14001 Global Cert_Avient.pdf
Garibaldi 2405
Lomas de Zamora, Buenos Aires 1832
Argentina
Activity: Manufacture of Colour and Additive Concentrates, Thermoplastic
Resins and Specialty Compounds
Activity: Design and Manufacture of Colorants and Additives Concentrates
Facility: Avient Colorants SA
Parc Scientifique Fleming, Fond Jean Pâques 1
Louvain-La-Nueve, Walloon Brabant 1348
Belgium
Facility: Avient Corporation - Maipu, Chile
Camino a Melipilla 15.170
Maipu, Región Metropolitana de Santiago 9250000
Chile
Activity: Design and Manufacture of Colour and Additive Concentrates,
Activity: Design and Manufacture of Colorants and Additives Concentrates
Facility: Avient Corporation - Lahore, Pakistan
Plot no. 135, Kitaar, Bund Road
Off Multan Road, Thokar Niaz Baig.
https://www.avient.com/sites/default/files/2023-11/Responsible Care_14001 Global Cert_Avient.pdf
Garibaldi 2405
Lomas de Zamora, Buenos Aires 1832
Argentina
Activity: Manufacture of Colour and Additive Concentrates, Thermoplastic
Resins and Specialty Compounds
Activity: Design and Manufacture of Colorants and Additives Concentrates
Facility: Avient Colorants SA
Parc Scientifique Fleming, Fond Jean Pâques 1
Louvain-La-Nueve, Walloon Brabant 1348
Belgium
Facility: Avient Corporation - Maipu, Chile
Camino a Melipilla 15.170
Maipu, Región Metropolitana de Santiago 9250000
Chile
Activity: Design and Manufacture of Colour and Additive Concentrates,
Activity: Design and Manufacture of Colorants and Additives Concentrates
Facility: Avient Corporation - Lahore, Pakistan
Plot no. 135, Kitaar, Bund Road
Off Multan Road, Thokar Niaz Baig.
https://www.avient.com/sites/default/files/2023-04/Fiber Colorants and Additives Brochure.pdf
Product range
• Flame retardants to reduce flammability of
fibers and fabrics especially in building and
construction applications
• Light stabilizers to protect fibers used outdoors
or exposed to sunlight against UV light
• Antimicrobials to protect hygienic fiber products
from bacteria proliferation
• Antistatics to reduce electrostatic charges
• Antioxidants to reduce polymer oxidation during
spinning and protect fabrics during service life
• Optical brighteners to provide a brilliant white
effect and blueish hue
• Electrets to retain electrostatic charge on the
polymer surface for a longer period of time in
filtration applications
• Hydrophobics to impart durable water repellency
• Chain extenders for recycled polyester fibers
• Others on request
Product characteristics
• Good spinnability
• Fiber-specific QC and protocols
• Lot-to-lot consistency
• Carriers: PET, PBT, PA 6, PP, and others
• Possibility to combine colors and additives into
a combination concentrate for convenience
• Product guidance from our fiber expert team
• Focus on safe and sustainable formulations
• Continuous filaments (POY, FDY, HOY, BCF)
• Long and short spinning staple fiber
• Nonwoven processes (spunbond and meltblown)
Cesa™ Fiber
Additives
MagIQ™ Liquid Fiber
Colorants & Additives
Multiple color production
• Depending on the manufacturing set-up, several
injection points can be added to enable multiple
color production at the same time on a single
extruder
Batch size flexibility
• Fiber producers can manufacture anything from
a few kilograms to hundreds of tons using the
same simple process
Rapid color changes
• No extruder contamination and easy color-on,
color-off operation increases color change speed
Waste reduction
• Rapid color changes, precise metering and
the ability to adjust color in-line reduces waste
during color changeovers
Continuous metering & long spin pack life
• High pigment and dye concentrations mean
fewer pack changes are required
• Where color is running low for larger volume
runs, low level metering sensors alert operators
and packs can be changed without disrupting
production
In-line IV adjustment
• Specialist additives are available to adjust
Intrinsic Viscosity (IV) in-line for rPET
applications
• These additives are available as single products,
or can be combined with color to create a multi-
functional formulation
Color design service
• Avient offers a dedicated color design service to
help shorten product development cycles and
enhance market agility
Liquid color processing
• Formulations are stable at temperatures up
to 60°C and retain good flow properties at
temperatures as low as 10°C
• These formulations can help lower yarn friction
and abrasion, and there is no fuming
or evaporation during production
Avient’s liquid fiber colorant technology combines advanced liquid color
formulations with state-of-the-art, high-pressure metering equipment to
enable late-stage injection of liquid color for spun-dyed polymer melt.
https://www.avient.com/sites/default/files/2024-05/ISO14001 Global Cert_Avient_2024.pdf
Garibaldi 2405
Lomas de Zamora, Buenos Aires 1832
Argentina
Activity: Manufacture of Colour and Additive Concentrates, Thermoplastic
Resins and Specialty Compounds
Activity: Design and Manufacture of Colorants and Additives Concentrates
Facility: Avient Colorants SA
Parc Scientifique Fleming, Fond Jean Pâques 1
Louvain-La-Nueve, Walloon Brabant 1348
Belgium
Facility: Avient Corporation - Maipu, Chile
Camino a Melipilla 15.170
Maipu, Región Metropolitana de Santiago 9250000
Chile
Activity: Design and Manufacture of Colour and Additive Concentrates,
Activity: Design and Manufacture of Colorants and Additives Concentrates
Facility: Avient Corporation - Lahore, Pakistan
Plot no. 135, Kitaar, Bund Road
Off Multan Road, Thokar Niaz Baig.
https://www.avient.com/sites/default/files/2023-08/Avient General Purchase Conditions.pdf
Avient has the right to set off
amounts it owes to Supplier or any of its
Affiliates, against amounts which Supplier or any
of its Affiliates owes to Avient.
3.3 To the extent Services are supplied at a
reimbursable basis, Supplier shall keep records
of all costs, expenditures and hours worked and
shall provide Avient access thereto.
3.4 Supplier shall send its invoices to Avient
(i) within five (5) working days after the date
Supplier is entitled to payment under the
Purchase Order and (ii) in any event no later than
three (3) months after the end of the
project/and or delivery of the Goods and/or
performance of the Services.
Force Majeure
Acts of God, fires, catastrophic floods,
catastrophic storm, pandemics, epidemics,
catastrophic failure of equipment essential to
make or use Goods or provide Services, war,
terrorism or other cause(s), in each case that are
beyond the reasonable control of a Party, not
reasonably foreseeable, not caused by acts or
omissions of the Party affected and that could
not reasonably have been avoided through a
work-around plan, and which prevent Supplier
from providing or procuring the Goods and/or
Services, Avient from receiving or using Goods
and/or Services or either Party from performing
its obligations under this Agreement (“Force
Majeure”), will suspend the affected Party’s
obligations under this Agreement during the
period required to remove such Force Majeure.
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
Packaging and
Packaging Waste Directive)
Sources: UN Environment Programme; Deloitte; McKinsey & Company;
European Commission: Environment
SOLVING CHALLENGES IN KEY END MARKETS
Avient Corporation 33
Transportation
VOC reduction
Bio-based content
Eco-conscious
Food waste reduction
Sustainable
Infrastructure
Eco-conscious
Resource conservation
HOW AVIENT INNOVATION ENABLES SUSTAINABLITY
Avient Corporation 34
Solutions to increase recycled
content and minimize plastic waste
Solutions to reduce weight and
energy consumption
Solutions to preserve and protect
natural resources & human life
HOW WE ENABLE SUSTAINABILITY
Renew
Michael Garratt
Senior Vice President, President of Color, Additives and Inks – EMEA
Avient Corporation 35
RENEW
Avient Corporation 36
• Meet Aggressive Sustainability Goals - While brand owners have made
strong, public sustainability commitments – many are currently trailing far
behind goals
• Develop Strategies to Minimize Plastic Waste - Plastic waste remains
a global priority with consumers and legislatures – forcing brand owners to
implement tangible mitigation strategies
• Increase Post Consumer Recycle (PCR) Utilization & Post
Consumer Recycle Availability - Increasing the use of PCR is far more
challenging than many companies had anticipated
• Meet Legislation Requirements - Legislatures are drafting financial
penalties for companies unable or unwilling to meet post-consumer recycled
content targets
Solutions to increase
recycled content and
minimize plastic waste
PLASTICS ARE PART OF THE SOLUTION
Avient Corporation 37
Source: Franklin Associates / American Chemistry Council
PLASTIC ALTERNATIVE PACKAGING (GLASS + ALUMINUM + PAPER)
2x More energy
3x More greenhouse
gas emissions
5x More waste
6x More waterWater
Waste
Emissions
Energy
BRAND OWNER PROGRESS AGAINST COMMITMENTS
39%
29%
37%
16%
6%
0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0% 35.0% 40.0% 45.0% 50.0%
Brand Owner 1
Brand Owner 2
Brand Owner 3
Brand Owner 4
Brand Owner 5
Brand Owner 6
Brand Owner 7
Brand Owner 8
Brand Owner 9
Brand Owner 10
Percent Recycled Plastic Used
Progress through 2022
Gap to reach 2025 targets
Source: Ellen MacArthur Foundation 2022
Avient Corporation 38
Color
Management
Maintaining
Mechanical
Properties
Decontamination Mono-Material
Construction Consistent Quality
TOP 5 GAPS TO RECYCLE CONTENT UTILIZATION
Avient Corporation 39
Avient Corporation 40
Food & Beverage Packaging
2022 Revenue: $43M
Taste and Odor Management
ColorMatrix™ AAnchor Scavenger
• Improves recyclability
• Reduces regulatory risk from migration issues
ACETALDEHYDE REDUCTION Recyclable Oxygen Barrier
ColorMatrix™ Capture ™ Oxygen Scavenger
• Protects recyclate - maintains clarity with no
discoloration
• Enables higher rPET content utilization
rPET UTILIZATION
Food & Beverage Packaging
2022 Revenue: $88M
PCR Performance Additives
ColorMatrix™ SmartHeat™
• Lowers energy use - CO2 Emissions
• Reduces yellowing and thermal instability
• Enables increased use of rPET
• Minimal impact on part color
35%
LOWER CARBON EMISSIONS
THINNER WALLS
Reduced Wall Thickness Packaging
ColorMatrix™ Ultimate™UV Light Barrier Stabilizer
Cesa™ Light Additives
• Protects ingredients from UV degradation
• Enables reduced wall thicknesses
• No negative effect on recycling
Increased Recycle Content
ColorMatrix™ Process Aid and Toner for
Recycled PET (rPET)
• Improves ability to recycle PET
• Enables higher percentages of recycled content
• Provides superior aesthetics
• Prevents degradation of physical properties
ENHANCES RECYCLING
Avient Corporation 41
Avient Corporation 42
Design for Recycling
CycleWorks™ Center for Mechanical Recycling
• Recycling trials and field testing
• Solutions evaluation and screening
• Customer collaboration
EXPANDS PCR USAGE
PCR Color Prediction Service
• Enables use of lower-quality PCR
• Predicts achievable colors
• Increases PCR utilization rates
• Helps brands to achieve PCR usage goals
CONSUMERS:
CHOOSE BASED ON COLOR
CycleWorks™ Center
Milan, Italy
Additives for Recycling
2022 Revenue: $50M
Stabilization During Recycling
Cesa™ A4R Additives for Recycling
• Enables multi-loop recycling
• Stabilizes recyclate during processing
• Reduces discoloration, gels, and black spots
PCR UTILIZATION
ENABLES
Personal Care Packaging
New Product
Avient Corporation 43
Bio-Based Phone Case
reSound™ OM BIO-based Thermoplastic Elastomers
• Derived from non-fossil-based raw materials
• Good property retention and UV resistance
BIO-BASED CONTENT
Avient Corporation 44
High PCR Content Razor
reSound™ Recycled Thermoplastic Elastomers
• Excellent processability
62%
2022 Revenue: $1M
Carbon Footprint Analysis
Carbon Footprint Mapping Service
• Provides input metrics for independent brand
carbon footprint calculations
• Aligns with a defined ISO standard, certified by
TUV Rhineland
ENABLES
CARBON AWARENESS
Avient Corporation 45
2022 Revenue: $1M
Portable Power Station
Nymax™ Recycled Nylon
• Recycle content up to 60%
• Excellent weathering performance
• Reduces weight
Swim Goggles
reSound™ BIO Thermoplastic Elastomers
• Performs like traditional TPE
35 - 70%
BIO-RENEWABLE CONTENT
Avient Corporation 46
2022 Revenue: $3M
Off Road Vehicle Structural Components
Nymax™ REC Reinforced Nylon
• Replaces steel/aluminum
• Excellent fatigue resistance
INCORPORATES
Avient Corporation 47
“Avient’s bio-circular materials for our Biofuse 2.0 goggles are a real game changer that
will set Speedo apart from the competition - and will support our aim of reducing
environmental impact.”
Chantal Nestor-Saury, Product Development Manager
Avient Corporation 48
Brand Commitment: Percent Recycled Plastic Used Demand by Feedstock Type
39%
29%
37%
16%
6%
0% 10% 20% 30% 40% 50%
Brand 1
Brand 2
Brand 3
Brand 4
Brand 5
Brand 6
Brand 7
Brand 8
Brand 9
Brand 10
Progress through 2022
Gap to reach 2025 targets
Source: Ellen MacArthur Foundation 2022
12% CAGR Recycled
Virgin
Plastics3% CAGR
RENEW – TAKEAWAY
Demand for Recycled Content Drives Growth Projections
Examples
Covered
Other
Applications
45%
2022
Source: McKinsey
HOW WE ENABLE SUSTAINABILITY
Reduce
Chris Pederson
Senior Vice President, President of Specialty Engineered Materials
Avient Corporation 49
REDUCE
Avient Corporation 50
• Improving Fuel Economy - Incorporating innovative lighter-weight alternative
materials as a cost-effective way to reduce fuel consumption
• Reducing Energy Consumption and Dependence on Fossil Fuels -
Negative public perceptions of fossil fuels are challenging companies to utilize
alternative energy sources and also to reduce overall demand (consumption)
• Reducing Carbon Footprint - Companies are seeking assistance from their
suppliers to address the ever-increasing pressure to reduce their carbon footprint
• Lessening Environmental Impact - Manufacturers are looking to reduce
dependence on processes with high environmental impact such as the release of
Volatile Organic Compounds (VOCs) during painting
Solutions to reduce weight
and energy consumption
Avient Corporation 51
Lightweight Dashboards
Hydrocerol™ Chemical Foaming Agents
• Reduces part weight
• No impact on performance
• Highly cost effective
20%
LESS MATERIAL
2022 Revenue: $46M
Body + Trim
SmartBatch™ Paint Replacement
• Reduces emission of volatile organic
compounds (VOCs)
REDUCES VOCs
Protective Film
Versaflex™ Protective Film
• Protects new cars from damage during shipping
• High-tack eliminates solvent containing adhesives
Avient Corporation 52
LED Lighting Components
ThermaTech™ Thermally
Conductive Formulations
• Reduces weight vs. aluminum
• Removes heat – extends LED life
• Will not corrode
LIGHTER THAN ALUMINUM
2022 Revenue: $3M
REDUCES FUEL
CONSUMPTION
Running Boards, Side Steps
Complēt™ Long Fiber Reinforced Structural
Thermoplastics
• High strength-to-weight
• Replaces steel/aluminum
• Excellent load carrying and fatigue resistance
Avient Corporation 53
Battery Frame
Maxxam™ Polyolefin Formulations
• Critical stiffness and rigidity
• Chemical and thermal performance
• Replaces a heavier, aluminum frame
LIGHTER THAN ALUMINUM
Design for Lightweighting
Avient Design Services
• Comprehensive design for
sustainability capabilities
• Materials agnostic
• 10% reduction in weight increases
range by 14%
SUSTAINABLE DESIGN
2022 Revenue: $4M
EV Battery Cooling System
Versaflex™ Thermoplastic Elastomers
• Thermal management
• Chemically resistant
• More efficient and longer life battery
EXTENDS BATTERY LIFE
Avient Corporation 54
EV Connectors
Edgetek™ PKE Non-halogen flame retardant
Formulations
• Provides reduced carbon footprint
alternative to traditional materials (Nylon)
LESS CO2 THAN NYLONCharging Cable Infrastructure
ECCOH™ Wire and Cable Formulations
• Low smoke, zero halogen
• Flame resistance exceeds EVM1/EVL2
requirements
ZERO HALOGEN
2022 Revenue: $2M
Avient Corporation 55
Trailer Flooring
Polystrand™ R Recycled PET Composite Tapes
• Minimum 95% post-consumer recycle content
• Improved carbon footprint without
sacrificing performance
95%
RECYCLED PET
Aerodynamic Side Shield
Polystrand™ Thermoplastic
Composite Laminates
• Can be post-formed
• High impact and fatigue resistance
LIGHTER
Commercial Transportation,
Aerospace
2022 Revenue: $8M
Rail Car Doors
Glasforms™ Composite Panels
• Replaces steel
• Will not corrode
• Reduces weight
LIGHT & DURABLE
Air Cargo Nets
Bio-based Dyneema® Fiber
• Extends product life from 3 to 5 years
59%
LESS WEIGHT Arm Rests & Seat Frames
Complēt™ Long Fiber Composites
• Replaces steel
• High strength-to-weight ratio
LIGHT & STRONG
Commercial Transportation,
Aerospace
2022 Revenue: $8M
Air Cargo Containers
Polystrand™ Composite Sandwich Panels
• Lighter and stronger than aluminum
95%
Avient Corporation 56
Avient Corporation 57
Aquaculture/ Fishing Nets
Dyneema® Fishing Net Fibers
• High bite resistance – lowers maintenance
costs and fish loss
• Lighter weight reduces fuel consumption –
allows for larger net sizes
LIGHTER THAN NYLON/ POLYESTER
70%
LIGHTER THAN STEEL
Lifting Slings
Dyneema® Fiber
• Facilitates heavy lift in harsh environments
• Accredited by DNV GL, ABS, Bureau Veritas
Mooring Lines
Dyneema® Mooring Rope Fibers
• Able to handle heavy loads common to
modern shipping
• Improves handling
• Reduces dock worker injuries
2x
SERVICE LIFE
Marine Infrastructure
2022 Revenue: $41M
Solar Power Station UV Solutions
Smartbatch™ Combination Colorants
• Protects solar power panels from UV weathering and
outdoor exposure
• Meets critical performance standards
ENERGY SAVINGS (VS.