https://www.avient.com/sites/default/files/2023-10/Nonwoven Colorants and Additives Brochure_A4.pdf
COLOR
Color can be added for application
identification (e.g., blue and green for
medical) or for differentiation.
https://www.avient.com/sites/default/files/2021-03/in-house-plastisol-program-bulletin.pdf
STAY FOCUSED ON YOUR CORE BUSINESS
• Production planning for your end products
can be challenging enough without the added
complexity of planning and producing for your
own plastisol needs
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Denmark.pdf
Any ad-
ditional, different or other terms and/or conditions
contained in any purchase order, document, website
or other communication by or from Buyer are
hereby objected to and rejected by Seller.
If Seller determines that Buyer’s financial responsi-
bility has become impaired or otherwise unsatisfac-
tory to Seller, Seller at its discretion may require ad-
vance cash payments, COD, shorter terms, and/or
the posting of satisfactory security by Buyer, and
may withhold shipments.
Suspension og ophør Suspension and Termination
Hvis (i) Køber misligholder sine forpligtelser over for
Sælger og undlader at stille tilstrækkelig sikkerhed for
Købers opfyldelse inden datoen for planlagt levering;
eller (ii) hvis Sælger har rimelig tvivl med hensyn til
Købers opfyldelse af sine forpligtelser, og Køber
undlader at give Sælger tilstrækkelig sikkerhed for
Købers opfyldelse inden datoen for planlagt levering og
under alle omstændigheder inden for tredive (30) dage
efter Sælgers krav om sådan sikkerhed; eller (iii) hvis
Køber bliver insolvent eller ude af stand til at betale sin
gæld, efterhånden som den forfalder, eller træder i
likvidation, eller hvis en konkursbehandling indledes af
eller mod Køber, eller hvis en kurator, rekonstruktør
eller administrator udpeges for alle eller en væsentlig
del af Købers aktiver, eller hvis Køber foretager en
overdragelse til fordel for sine kreditorer; eller (iv) i
tilfælde af Købers manglende overholdelse af enhver
lov, vedtægt, regulering, forskrift eller standard ("Love
og standarder"), så kan Sælger ved skriftlig meddelelse
til Køber, uden at det berører nogen af Sælgers andre
If (i) Buyer is in default of performance of its obli-
gations towards Seller and fails to provide adequate
assurance of Buyer’s performance before the date of
scheduled delivery; or (ii) if Seller has reasonable
doubts with respect to Buyer’s performance of its
obligations and Buyer fails to provide to Seller ade-
quate assurance of Buyer’s performance before the
date of scheduled delivery and in any case within
thirty (30) days of Seller’s demand for such assur-
ance; or (iii) if Buyer becomes insolvent or unable
to pay its debts as they mature, or goes into liquida-
tion or any bankruptcy proceeding shall be instituted
by or against Buyer or if a trustee or receiver or ad-
ministrator is appointed for all or a substantial part
of the assets of Buyer or if Buyer makes any assign-
ment for the benefit of its creditors; or (iv) in case of
non-compliance of Buyer with any law, statute ordi-
nance, regulation, code or standard (“Laws and
Standards”), then Seller may by notice in writing to
Buyer, without prejudice to any of its other rights:
rettigheder: (a) kræve tilbagelevering og overtage alle
leverede Produkter, der ikke er betalt for, og alle
omkostninger i forbindelse med tilbagetagelsen af
Produkterne skal være for Købers regning; og/eller (b)
suspendere sin ydelse eller ophæve sin ordrebekræftelse
for kommende levering af Produkter, medmindre Køber
foretager en sådan betaling for Produkterne på
forudbetalingsbasis eller stiller tilstrækkelig sikkerhed
for en sådan betaling for Produkterne til Sælger.
https://www.avient.com/products/long-fiber-technology/benefits-long-fiber-reinforced-thermoplastic-composites
Adding fiber reinforcement to ductile thermoplastic polymers provides a substantial boost in modulus.
With carbon fiber reinforced composites there can be additional perceived value added to products by consumers for utilizing “high tech” materials.
Thermoplastics inherent ductility combined with the energy dissipation efficiency that provides long fiber reinforced composites with added toughness to resist impact forces also translates into good vibration and sound damping capabilities.
https://www.avient.com/sites/default/files/2020-10/luxury-closures-gravi-tech-design-guide-2.0-application-specific.pdf
Reduce the number of parts – By injection molding
Gravi-Tech material, you will no longer need to
assemble multiple parts to achieve added weight.
Part walls need to remain parallel when
adding draft.
One thing to avoid in adding draft
are large variations in wall thickness.
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-design-guide-.pdf
Part walls need to remain parallel when
adding draft.
One thing to avoid in adding draft
are large variations in wall thickness.
The water line
connections to the mold should be kept to as
few as possible, and jumpers should be avoided
unless permanent jumpers can be added.
https://www.avient.com/industries/packaging/household-packaging/fabric-care
In addition, consumers are seeking convenience provided by laundry packs and packaging with value-added dispensing for liquids.
Chemically resistant TPEs for overmolded caps and value added dispensing
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for France.pdf
In addition to the interest for late payment
and without prejudice to any other damages that Seller may claim, a fixed indemnity for collection costs of forty (40) euros
shall be added.
Seller's invoices shall include value added tax (“VAT”), which shall be shown on a separate line
on the invoice.
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Patterson added, “For the full year 2021, we are also increasing estimates and now expect
revenues of approximately $4.6 to $4.7 billion and adjusted EPS of $3.00, a 55% increase over
the prior year."
For an advance look at our sustainability initiatives, please review our most recent
sustainability report, which will soon be available on our website,” added Ms.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
Global Compact &
fulfilled Communication of Progress (COP)
requirements
• New Sustainability Strategy overview page including
our 2022 AIP ESG metrics
• New ESG Performance page with ESG ratings,
awards, and certifications
• Increased disclosures on carbon emissions, including
disclosure of Climate Change Scenario Analysis
• Added new Product Stewardship and Chemical
Management policies
• Enhanced data reporting for Workforce
Demographics
• Improved social disclosures on human rights,
dependent care and special leave and strategic
training management
2021 SUSTAINABILITY REPORT
Launching integrated sustainability website in parallel with report
Aligned with leading reporting frameworks
13
ESG PERFORMANCE & AWARDS
14
16th
ENVIRONMENTAL
SOCIAL
GOVERNANCE
1
(as of 6/30/22)
2022 O U T LO O K
$429
$490
$3.05
$3.50
FY 2022 GUIDANCE
(TOTAL COMPANY: CURRENT PORTFOLIO)
16
Sales Adjusted Operating Income
$4,819
$5,100
+ 6%
Adjusted EPS
+ 14% + 15%
(in millions) (in millions)
(+ 9% excluding FX) (+ 18% excluding FX) (+ 20% excluding FX)
17
CASH FLOW / LEVERAGE
($ millions) 2022E
Cash Flow from Operating Activities 400$
Less:
Run-Rate CapEx (90)
CapEx for Clariant Integration (10)
CapEx for IT System Upgrade (15)
Total CapEx (115)
Free Cash Flow 285$
Adjusted EBITDA 635$
Net Debt / Adjusted EBITDA 1.6x
18
DYNEEMA / DISTRIBUTION UPDATES
• Strong performance so far in 2022 in-line
with our modeling
• Acquisition to be finalized as early as
September 1, pending standard
regulatory process and closing conditions
• Encouraging interest thus far from
potential buyers for world-class business
with a strong track record
• Second round bids due in August
DISTRIBUTION
19
PRO FORMA MODELING UPDATE
2022E
($M)
Revenue 5,100$ 415$ 5,515$ (1,635)$ 3,880$
Adjusted EBITDA 635 130 765 (109) 656
EBITDA % 12% 31% 14% 7% 17%
Adj.
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Distribution business
DYN E E MA ACQ U I S I T I O N
32
15x stronger than steel
Reduces weight by 30% vs. other solutions
Well-maintained global asset base poised to serve growing demand
• Purchase price of $1.48B represents 11.4x multiple of
2022 EBITDA
• Acquisition will expand Avient’s composites and fiber
portfolio with Dyneema®, the World’s Strongest Fiber™
• $415M sales and 30%+ EBITDA margins; Immediately
accretive to pro forma 2022 EPS, adding $0.35
• 1,300 patents globally, ~50% of sales patent protected
• 1,000+ employees across global production network and
dedicated technology centers
• Composites platform will increase from $261M to $680M in
revenue and from $49M to $180M in EBITDA Indicates Dyneema® location
$175M
(42%)
$65M
(16%)
$175M
(42%)
2022E Sales By Region ($M)
(1) $0.35 EPS excludes intangible amortization
(2) Based on 2022 expected results
(1) (2)
(2)
FIT WITH FOUR PILLAR STRATEGY
33
Specialization
• Innovation-led organization with
tremendous intellectual property value in
trademarks, patents and “know-how”
• Deep history of application development
and premium, leading brand with the
World’s Strongest FiberTM
Globalization
• Global customer base with an
established presence across all major
geographic regions
• Global technology centers complement
existing Composites applications and
expertise
Operational
Excellence
• Best-in-class safety performance
• Well-run and maintained asset base fit to
serve future growth
• Highly effective and reliable supply chain
with emphasis on optimizing service to
customers
Commercial
Excellence
• Deep customer relationships extend
across the value chain and drive ability
to grow
• Offer a full suite of services with an active
role in design, development and
commercialization
People
Experienced and
talented associates
with a passion for
safety, specialization
and winning
DYNEEMA® OVERVIEW
K E Y I N D U S T R I E S
PERSONAL PROTECTION
Military • Law Enforcement • First
Responders Body Armor • Helmets •
Vehicle Protection
$215M
MARINE & SUSTAINABLE
INFRASTRUCTURE
Towing / Mooring • Aquaculture •
Floating Wind • Offshore Cranes
$130M
CONSUMER
Consumer • Outdoor High Performance •
Safety Equipment
$70M
34 Figures reflect 2022 expected sales
MIFOverview Competition Valuechain &
Go-to-market Strategy Innovation Financials
TECHNOLOGY
35
1,200 1,300
2,500
Avient Dyneema Combined
Patents
• True specialty business – the World’s Strongest Fiber™
• Deep history of application development with customers,
strongest in the industry
• The only UHMwPE (ultra-high molecular weight polyethylene)
fiber producer that is backward integrated
o Provides innovation advantage through control of all steps of the process
• Complementary with our existing reinforced film expertise
(PolyStrand) and engineered fiber presences (Fiber-Line)
WINNING PROPERTIES
Ultra high strength vs. weight Highly flexible
Floats on water Chemically inert; no smell/taste and non-toxic
High resistance to UV radiation Self-lubricating, with low friction
One-of-a-kind technology
®
FORMULATION PROCESS
36
• Like Avient, Dyneema® offers similar
core competencies around formulation
and material science
• Technology that combines polymers and
fibers to provide specialized, high
performing solutions for customers
• Design capabilities ensure that
applications are highly customized for
the specified end use
DYNEEMA® IN THE VALUE CHAIN
37
UHMwPE
Fiber / Tapes
Military Personnel,
Law Enforcement
Heavy Marine,
Offshore Wind Energy
and Mooring,
Aquaculture
Outdoor,
Footwear, Apparel,
Inflatables
• Material Science
• Formulation
• Service
INTERMEDIATE MANUFACTURING
(CUSTOMERS) OEM / APPLICATION
DEMAND TRENDS
38
• Military spending and near-term demand for higher performing personal protection
products (like Dyneema®) expected to increase
o European NATO members annual defense spend expected to increase by up to 20%(1)
o Japan aiming to almost double defense spending over the next 5 years(2)
o Accelerated launch of next generation technology in North America
• Policy-driven demand for sustainable energy; growth in floating offshore wind
farms which require advanced, durable technology
o Offshore wind expected to grow at a CAGR of 32% with the level of annual installations
quadrupling over the next five years(3)
• Continued investment in aquaculture as a sustainable food source(4)
• Strong demand in outdoor high performance space across niche consumer
applications aligns with 10% growth assumption for Avient’s Composites portfolio
Sources:
(1) “Funding NATO”, NATO.int (April 1, 2022)
(2) “Japan Ruling Party Calls for Defense Spending Boost to 2% of GDP”, WSJ (April 21, 2022)
(3) “Global Wind Report 2021”, Global Wind Energy Council
(4) “Aquaculture Supports a Sustainable Earth”, NOAA Fisheries
39
A L I G N M E N T W I T H
S U S T A I N A B I L I T Y G O A L S
PRODUCTS
AVIENT’S EXISTING COMPOSITES PORTFOLIO
D I V E R S E C A P A B I L I T I E S A N D S O L U T I O N S S E R V I N G
M A N U F A C T U R E R S A N D O E M S
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
40
AVIENT’S COMPOSITES PORTFOLIO
SALES AND EBITDA
41
$74 $84
$216 $212
$261
$5 $10
$32
$41
$49
$180
0
50
100
150
200
$-
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
$550
$600
$650
$700
$750
2017 2018 2019 2020 2021 2022E
$680
• Dyneema® acquisition will further
improve Composites EBITDA margins
to 26%
• Dyneema® will complement our
existing portfolio with deep formulation
expertise, innovative culture and
global commercial presence
• Composites will continue to be a key
growth driver to deliver future revenue
growth in excess of GDP
(1) Pro forma for the acquisition of Dyneema®
SEGMENT DATA
U.S. & Canada
50%
Latin America
2021 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
Building and
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs
$2,402M
$409M
$919M
$164M
$1,631M
$94M
Sales EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$581M$4,819M
43
34%
Building &
1% Telecommunications
C O L O R , A D D I T I V E S & I N K S
2021 REVENUE | $2 .4 BILLION
32%
40%
Latin America
END MARKET REGION
44
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
27%
Building &
2021 REVENUE | $919 MILLION
END MARKET
55%
REGION
45
D I S T R I BU T I O N
26%
Building and
80%
3%
Latin
America
END MARKET REGION
K EY SU PPL IER S
2021 REVENUE | $1 .6 BILLION
46
TOTA L C O M PA N Y R E G I O N A L S A L E S
BY END MARKET
30%
26%Healthcare
14%
Building &
2% Energy
(16% of sales)
32%
Building &
(25% of sales)
47
19%
Building &
US &
Canada
(50% of sales)
38%
33%
Building &
LATAM
(9% of sales)
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.