https://www.avient.com/sites/default/files/2021-07/moisture-resistant-nylon-lft-technical-bulletin.pdf
Complēt™ Moisture Resistant Nylons
Environmentally Stabilized Nylon 6 and 6/6 Long Fiber Composites
Standard nylon 6 and 6/6 materials are a widely
deployed class of entry-level engineering polymers
that readily accept fiber reinforcement to provide a
good mix of mechanical properties at an economical
price point.
LONG GLASS FIBER SURFACE
AESTHETICS
Good surface cosmetics with glass fiber
reinforced nylons are difficult to obtain
without high mold temperatures that
lengthen cycle times.
Complēt moisture
resistant nylons reinforced with long glass
fiber produce a smooth, fiber-free finish
without special processing to give molded
components a high-quality appearance.
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
Operational Excellence
Empowers us to respond to the voice of the customer with relentless continuous
improvement.
We expect this expansion to
continue as we execute our
strategy, increase margins and
consistently grow earnings in
excess of the market.
46
Avient reflects 2022 estimated EBITDA of $635M
Past Avient valuations reflect forward 12 months EBITDA at December 31 of the respective years.
We also monitor earnings (defined as net income from continuing operations) before interest,
taxes, depreciation and amortization (EBITDA) and adjusted EBITDA (EBITDA before the impact of special items) as a
supplement to our GAAP measures.
https://www.avient.com/news/avient-achieves-reexamination-certificate-dyneema-cut-resistant-yarn-patent
Dyneema®, the world’s strongest fiber™, enables high-performance material solutions for customers across various sectors, including personal protective equipment, sports equipment, and industrial applications.
The recently issued certificate reinforces the strength and uniqueness of the patented technology, bolsters Avient’s intellectual property portfolio including the Dyneema® brand, and empowers Avient to continue leading the industry in high-performance materials for consumer and professional protection.
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
https://www.avient.com/sites/default/files/2020-11/2020-advanced-composites-infographic.pdf
Thermoset composite springs from Avient are engineered with proprietary vinyl ester or epoxy
resins and unidirectional fiber reinforcement technologies.
COMPOSITES
VS.
STRONG
& FLEXIBLE
FOR RELIABLE, REPEATABLE
PERFORMANCE
ADVANCED COMPOSITE SPRINGS
https://cloud.kapostcontent.net/pub/7bd857bc-520b-4f91-9308-680e7d078602/product-selection-and-installation-guide-composite-springs.pdf?
https://www.avient.com/sites/default/files/2023-01/GlasArmor Ballistic Resistant Panels Case Study.pdf
TOUGH ENOUGH TO PROTECT
THE POWER GRID
MODULAR BALLISTIC PROTECTION MADE POSSIBLE
WITH COMPOSITES
THE CHALLENGE
Recent attacks on U.S. electrical substations across the
country provide stark reminders that our nation’s power
supply remains a primary target for criminals focused
on harming our country and security.1
The call to action is evident: we must continually
improve the physical and technological infrastructure
protection of our nation’s energy supply.
THE SOLUTION
Ballistic-resistant panels made with fiber-reinforced
polymer (FRP) composites offer key properties that
enable Southern States to meet its customers’ critical
needs.
THE IMPACT
Southern States’ ballistic-resistant solutions incorporate
three layers of uniquely formulated GlasArmor
composite panels to achieve Underwriters Laboratories
(UL) Level 8 protection.
https://www.avient.com/news/polyone-invests-new-metal-replacement-capabilities
CLEVELAND – In response to growing customer demand for metal replacement, PolyOne Corporation (NYSE: POL) is expanding capacity for its OnForce™ LFT long-fiber specialty thermoplastics.
PolyOne’s robust glass- and carbon fiber-filled formulations retain aesthetic appeal in metal replacement and structural applications, while also offering higher stiffness, impact strength and surface finish than short-fiber filled materials.
Demand continues to increase for lighter weight materials, and the products made from them.
https://www.avient.com/industries/transportation/automotive/under-hood-components
Glass-reinforced polyketone thermoplastics
Continuous Glucose Monitors (CGM)
Advanced Mobility Composite Structures
https://www.avient.com/sites/default/files/2022-05/DOC 1879.pdf
Our product portfolio, which we believe
to be one of the most diverse in our industry, includes specialty
formulated, high-performance polymer materials that are
manufactured using thermoplastic resins and elastomers, which
are then combined with advanced polymer additives,
reinforcement, filler, colorant and /or biomaterial technologies.
Facility Locations & Businesses
Avon Lake, OH; Engineered Materials
Birmingham, AL; Glasforms
Englewood, CO; Polystrand
McHenry, IL; Engineered Materials
North Haven, CT; NEU
Montrose, CO; Gordon Composites
Avient Distribution (Formerly PolyOne Dist.
Yes
11.0 Continuous Improvement
Avient is a continuous improvement organization.
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
We will do so through our investments and focus
on sustainable solutions for high-growth markets, including
healthcare, consumer, packaging and composites.
Composites
Adv.
GDP Growth Avient Historic Growth Future Growth Assumptions
Global Avient:
2.7%
Asia / LATAM:
5.0%
Source: International Monetary Fund, World
Economic Outlook Database (April 2021)
12% organic CAGR
Figures above include relevant sustainable solutions, healthcare and composites sales
Avient Corporation 120
Net Sales ($ millions)
8-10%
CAGR
(5% CAGR excluding
Sustainable Solutions)
Summary: Long-term Revenue Growth Drivers
Avient Corporation 121
Growth Drivers
($ millions)
2021 Sales
Estimate
(Drivers)
Overlap
2021 Sales
Estimate
Annual
Growth
Rate
Sustainable Solutions 930 - 930 8–12%
Healthcare 685 (45) 640 8–10%
Composites 260 (80) 180 10%
Asia / LATAM 1,150 (310) 840 5%
Other (GDP growth) 2,160 2–3%
Avient $4,750 6.5%
EBITDA Margin Expansion Goals
CAI
SEM
• Continued portfolio transformation to high-
growth end markets and sustainable solutions
• Clariant Color synergy realization
• Investments in composites and outdoor high
performance applications drive growth and
mix improvements
Avient Corporation 122
17.0%
1.6%
1.0%
0.4%
2021E Synergies Sustainable
Solutions
Healthcare Goal
17.6% 0.9%
1.1%
0.4%
2021E Composites Sustainable
Solutions
Healthcare Goal
20%+
20%+
Sustainable Path to Double Digit Earnings Growth
Avient Corporation 123
Growth Drivers
Long-Term Sales
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites 10%
Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
10%+
Adjusted EBITDA growth
15%+
Adjusted EPS growth
Investor Day 2021
An Investment in
Sustainable Growth
Bob Patterson
Avient Corporation 124
M&A Brings Avient New Technologies
Avient Corporation 125
Technology Acquisition Technology Acquisition
Thermoplastic
Elastomers
Liquid Color Concentrates
& Additives
Continuous Fiber
Composites
Thermoplastic Composites
Silicone Colorants &
Formulations
High-temperature Polymers
& Fluoropolymers
Long Fiber Reinforced (LFT)
Thermoplastic Composites
Fiber Solutions
Water-based Inks
Fiber & Healthcare Expertise,
Liquid Additive Processing Aids, FR Additives,
Recycling Innovations & More
$133
$205
2019PF 2021E
Clariant Color: Transformational Acquisition
126
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.0x
2019PF 2021E 2021E w/ Full
Synergies
• 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
• On-track to realize $52 million of expected synergies in 2021
• Acquisition completed on July 1, 2020 for $1.45 billion.
https://www.avient.com/sites/default/files/2021-06/fl.us-.datasheet-vectranr-lcp.pdf
Composition
Vectran® is an aromatic polyester spun from a liquid crystal polymer in a melt
extrusion process.
This process orients the molecules along the fiber axis,
resulting in a high tenacity fiber.
We believe that our ongoing
commitment to protect the environment, to remain at
the forefront of fiber and coating technology, and to
‘treat others as we want to be treated’ will continue to
drive the success of our customers, shareholders, and
employees.