https://www.avient.com/resources/safety-data-sheets?page=6250
PARENT ZHEA CDB210 T.12
BLACK TPV
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=3846
BLACK SMOKE
STAN-TONE HCC-34765 BCI T-GRANITE
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=1204
F169A BLACK-HV
BLUE # 4 T-225-3-3
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=3127
STAN-TONE HCC-34803 BCI T-VEN GRAN
GEON 87703 BLACK 2880
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=43
T BLUE
3M BLACK 3
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2021-10/bergamid-house-of-sports-gun-case-study-one-pager-1020.pdf
UTG® HUNTING & SHOOTING SPORTS G U N M A G A Z I N E H O U S I N G • Good dimension stability with low warpage at different temperature ranges (70˚C, room temperature, -40˚C) • Good appearance with less glass fiber exposure • Provided durable and impact-resistant glass fiber reinforced formulation with excellent surface finish and good dimensional stability for smooth operation • Passed all temperature durability and drop tests to confirm use in outdoor environments • Collaborated with customer via technology services to accelerate product development Bergamid™ Customized Polyamide Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-06/avient-ir-presentation-may-2021-w-non-gaap-recs.pdf
D is t. ) K W R R P M P P G A V Y F U L G C P IF F H X L F M C F O E H U N E C L K R A E M N A S H C E S C L G R A A LB Median: 5%Median: 3% Source: Peer data per Bloomberg market data as of April 27, 2021 Avient reflects 2021 estimated revenue of $4,300M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA Median: 84% Median: 77% HIGH FREE CASH FLOW CONVERSION Avient reflects 2021 estimated EBITDA of $560M and excludes one-time synergy capture CAPEX ($20M) Source: Peer data per Bloomberg market data as of April 27, 2021 87 89 87 86 82 81 76 88 87 84 82 81 78 77 77 77 76 73 70 69 50 19 A vi en t K W R P P G R P M A V Y F U L G C P F M C IF F H X L U N V R E C L A S H C E B N R F O E E M N G R A H U N K R A S C L A L B Source: Peer data per Bloomberg market data as of April 27, 2021 Total Enterprise Value / 2021E EBITDA Our current valuation with updated guidance implies an EBITDA multiple that is below specialty formulator peers and the majority of our chemical peers.
With the Clariant Masterbatch 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. 28 Avient reflects 2021 estimated EBITDA of $560M OUR VALUATION VERSUS PEERS Avient Specialty Formulators Other Chemical/Specialty Companies 10.2 17.7 16.0 14.9 14.6 11.6 11.1 26.7 24.0 22.8 14.3 12.7 11.5 11.2 11.1 11.0 10.3 10.1 9.5 9.4 8.3 7.0 A vi en t K W R A V Y R P M P P G G C P F U L A L B H X L E C L IF F F M C B N R A S H G R A F O E S C L E M N U N V R C E K R A H U N Median: 11.1xMedian: 14.8x SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/resource-center/knowledge-base/article/what-s-difference-fillers-reinforcements?ind%5B0%5D=21509
Gachter and H.
The fine black powder is added at relatively high levels and creates only black-colored parts.
Fairchild, T.
https://www.avient.com/resource-center/knowledge-base/article/what-s-difference-fillers-reinforcements?ind%5B0%5D=6599
Gachter and H.
The fine black powder is added at relatively high levels and creates only black-colored parts.
Fairchild, T.
https://www.avient.com/resource-center/knowledge-base/article/what-s-difference-fillers-reinforcements?ind%5B0%5D=21506
Gachter and H.
The fine black powder is added at relatively high levels and creates only black-colored parts.
Fairchild, T.