https://www.avient.com/resources/safety-data-sheets?page=164
M W BURGUNDY
M W BURGUNDY
https://www.avient.com/resources/safety-data-sheets?page=3757
PP5530 D240 M/GFPP WHITE 30%
130711 M/GFPP WHITE 30%
https://www.avient.com/resources/safety-data-sheets?page=2012
M 007 CAUSTIC KOH (22.5%)
M 012 DOWDIDE A (10%) SOLUTION
https://www.avient.com/resources/safety-data-sheets?page=6671
M LAVENDER
M BLACK 6C
https://www.avient.com/sites/default/files/2020-03/2020proxy.pdf
Robert M.
a) Section 3 (b) Section 22 (c) Section 4(d)( ) (d) (e) (f) (g) (h) (i) Section 5 (j) (k) (l) (m) 5.
a) Section 12 (b) Section 12 Section 17(b) ( ) Section 12 Section 17(b)( ) (c) Section 10 Section 11(b) ( ) (d) Section 17(b) ( ) Section 12 18.
https://www.avient.com/sites/default/files/2021-06/eccoh-5161-loose-tube-telecommunications-cable-one-page-case-study.pdf
CABLE MANUFACTURER L O O S E T U B E T E L E C O M S C A B L E • Low shrinkage (< 1%) • Consistent flame retardancy • Suitable gel resistance • Cold behaviour at - 40°C • Reduce total cost ownership • Improved processing compared to existing LSFOH material, increasing speed up to 800 m/min • Provided consultancy on processing parameters and tooling • Reduced cable thickness to 0.1mm & reduced shrinkage • Enabled customer to enter into new applications and cable designs due to the versatility of the material ECCOH™ 6151 LSFOH Formulations KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-11/investing-in-avient_0.pdf
D is t. ) R P M K W R P P G F U L A V Y G C P F M C IF F H X L H U N F O E E M N E C L S C L K R A A S H C E G R A A L B Median: 5%Median: 3% 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 Source: Bloomberg market data as of November 9, 2020 Median: 82% Median: 73% HIGH FREE CASH FLOW CONVERSION 83 86 85 85 80 78 58 88 83 81 79 77 76 73 73 72 72 67 64 63 60 6 A v ie n t K W R R P M P P G F U L A V Y G C P F M C IF F U N V R B N R E M N E C L C E H X L F O E A S H G R A H U N K R A S C L A L B Net Debt / 2021E EBITDA (1) We typically operate at 2.5–3.0x net debt to EBITDA.
Using consensus EBITDA of $466M per Bloomberg Source: Bloomberg market data as of November 9, 2020 OUR VALUATION VERSUS PEERS Avient Specialty Formulators Other Chemical/Specialty Companies 9.7 18.1 14.0 14.0 13.6 11.7 10.2 23.8 18.7 17.7 13.7 12.2 11.4 11.4 11.4 11.0 10.4 9.5 9.2 8.4 8.3 7.6 A v ie n t K W R R P M P P G A V Y G C P F U L E C L A L B H X L IF F F M C C E F O E A S H B N R G R A S C L E M N U N V R H U N K R A Median: 11.4xMedian: 13.8x SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/2020-10/investing-in-avient.pdf
D is t. ) R P M K W R P P G F U L G C P F M C IF F H X L H U N F O E E M N E C L S C L K R A A S H C E G R A A LB As a specialty formulator, we don’t require significant capital investment, as compared to the base resin raw material suppliers we purchase from.
Whether an additional line at an existing manufacturing plant, or a new facility in a growing region, we ramp-up quickly and cost-efficiently. 17 Median: 3% Median: 5% Capex / Revenue 2021E (%) Source: Capital IQ market data as of August 24, 2020 AVIENT IS ASSET LIGHT Avient Specialty Formulators Other Chemical/Specialty Companies 83 86 85 84 80 56 89 83 82 82 78 76 76 75 71 70 68 63 61 58 14 A vi en t K W R R P M P P G F U L G C P F M C IF F U N V R B N R H X L E C L E M N F O E A S H C E G R A K R A H U N S C L A L B 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 Source: Capital IQ market data as of August 24, 2020 Median: 84% Median: 75% HIGH FREE CASH FLOW CONVERSION 3.1x 2.6x 0.5x 1.9x 2.8x 3.1x 4.5x -0.1x 1.8x 1.9x 2.2x 2.3x 2.4x 2.9x 3.0x 3.0x 3.2x 3.4x 3.4x 3.8x 3.9x 4.8x A vi en t ( 20 P F ) A vi en t ( 21 E ) G C P P P G R P M K W R F U L S C L B N R H U N E C L C E F M C A S H H X L E M N G R A A L B IF F U N V R K R A F O E Net Debt / 2021E EBITDA (1) We typically operate at 2.5–3.0x net debt to EBITDA.
https://www.avient.com/sites/default/files/2020-10/hiformer-case-study.pdf
C A S T A N D B L O W N F I L M LEADING PACKAGING FILM SUPPLIER • Improve quality, limiting melt fracture and die built up • Increase productivity, reducing cleaning frequency • More sustainable manufacturing process • Regulatory compliance HIFORMER™ Liquid Polymer Processing Aid AVIENT SOLUTION • Increased processing efficiency and overall productivity with low let down ratio • Delivered significant improvement in melt fracture and die build up • Sustainability benefits provided, including possibility for longer production runs, reduced energy consumption and less waste WHY AVIENT K E Y RE Q U I RE M E N T S P R O D U C T I V I T Y + S U S TA I N A B I L I T Y LEARN MORE
https://www.avient.com/investor-center/news/polyone-present-goldman-sachs-2016-basic-materials-conference
Robert M.