https://www.avient.com/sites/default/files/2022-12/Cesa Fiber Additives Chain Extenders for Recycled PET Fibers Product Bulletin.pdf
Cesa™ Fiber Additives Chain Extenders for Recycled PET Fibers In an effort to contribute to the circular economy, the use of recycled content in textile products is growing.
The Cesa™ Fiber Additives portfolio includes chain extenders specially formulated to help recouple depolymerized polymer chains and support a more stable processing of recycled flakes into fibers.
APPLICATIONS Avient’s chain extenders for fibers can be used to boost the processing of recycled polyester for a variety of textile products, including: • Clothing and sportswear • Bags and backpacks • Home textiles and upholstery • Automotive textiles and insulation/heat management systems • Carpets and rugs WORKING PRINCIPLE As opposed to standard chain extenders, which usually branch the PET molecules, Avient’s chain extenders for recycled PET fibers extend the molecules in a linear way, which is more adapted to the reprocessing into fibers.
https://www.avient.com/knowledge-base/case-study/tier-1-auto-supplier-saves-supply-chain-expansion
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Tier 1 Auto Supplier Saves with Supply Chain Expansion
To protect against supply chain disruption, the supplier needed to find a second source for the polypropylene.
https://www.avient.com/news/dyneema-launches-new-fiber-protective-gloves-initiating-paradigm-shift-light-weight-comfort-and-strength
Dyneema® launches new third generation of Dyneema® Diamond fiber, enabling cut-resistant protective gloves that are stronger and lighter than ever
CLEVELAND – July 21, 2025 – Dyneema®, owned by Avient Corporation, (NYSE: AVNT), an innovator of materials solutions, today announces its third generation of Dyneema® Diamond fiber.
Dyneema® has been tackling this issue for over a decade through its market-leading Dyneema® Diamond fiber technology, which supports the creation of protective gear with unmatched strength, wearability, and reliability.
https://www.avient.com/sites/default/files/2023-03/AVNT Q2 2022 Earnings Presentation - Website Version.pdf
We also reference “pro forma” financial metrics, which include the results of the proposed Dyneema Business acquisition and the potential sale of the Distribution business.
S EC O N D Q UART ER 2022 RE S U LTS $122 $134 2021 2022 $0.87 $0.98 2021 2022 Q2 2022 PERFORMANCE (TOTAL COMPANY) 4 Sales Adjusted Operating Income $1,235 $1,302 2021 2022 + 5% Adjusted EPS + 10% + 13% (in millions) (in millions) (+ 10% excluding FX) (+ 16% excluding FX) (+ 20% excluding FX) Q2 2022 SEGMENT PERFORMANCE 5 CAI $624 $649 Sales ($ in millions) SEM Distribution $86 $94 Operating Income + 4% + 9% $404 $443 Sales $24 $27 Operating Income + 10% + 13% (1) $241 $244 Sales $37 $37 Operating Income + 1% Flat (+ 10% excluding FX) (+ 16% excluding FX) (+ 6% excluding FX) (+ 3% excluding FX) Q2 2021 $1,235 $122 Sustainable Solutions 17 7% 7 Healthcare 23 14% 5 Composites (ex Outdoor High Performance) 10 20% 4 Growth in Asia / LATAM 5 3% 1 Other 69 11% 5 Sub-total $1,359 10% $144 Outdoor High Performance Impact (9) (5) Wage Inflation and Overtime (7) Other Supply Chain Costs (2) Clariant Color Integration Synergies 7 Incentives, Other Employee Costs 4 FX (48) (7) Q2 2022 $1,302 5% $134 Q2 2022 SALES AND OPERATING INCOME (TOTAL COMPANY) 6 Sales Growth Rate Adjusted Operating Income$ millions Adjusted EBITDA Q2 EBITDA BRIDGE 7 Price increases more than offsets raw material and supply chain impacts Q2 2021 $ 159 Demand (29) $ millions CAI: Price / Mix 87 Inflation (58) SEM: Price / Mix 36 Inflation (24) Distribution: Price / Mix 45 Inflation (41) Net Price Benefit 45 Wage Inflation and Overtime (7) Other Supply Chain Costs (2) Clariant Color Integration Synergies 7 Incentives, Other Employee Costs 4 FX (7) Q2 2022 $ 170 China Lockdowns / Russia Impact $ (14) Outdoor High Performance (5) Transportation (5) 8 Q2 '21 Adjusted EPS 0.87$ Color, Additives and Inks 0.11 Specialty Engineered Materials 0.01 Distribution 0.03 Corporate Costs 0.01 F/X (0.05) Segment OI 0.11$ Interest Expense 0.03 Tax Rate (0.03) Q2 '22 Adjusted EPS 0.98$ Q2 EPS BRIDGE Key Updates • Provided progress on 2030 Sustainability Goals • Emphasized commitment to U.N.
EPS (ex Amort) 3.96$ 0.13$ 4.09$ (0.58)$ 3.51$ Pro Forma Leverage (12/31/2022E) Net Debt / Adjusted EBITDA 1.6x 3.4x 2.8x Forecast Dyneema Forecast + Dyneema Sale of Distribution Pro Forma 2022 TWO-YEAR LEVERAGE MODEL 16 3.5x 2.7x 1.6x 2.8x 2.4x 2.0x 2019PF 2020PF 2022E 2022PF 2023E 2024E Dyneema® AcquisitionClariant Color Acquisition (1) Pro forma for the acquisition of the Clariant Color business (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution, including repayment of senior notes due 2023 and Term Loan (1) (1) (2) OUR SPECIALTY JOURNEY CONTINUES 17 • Dyneema® brings leading technology and brand with the World’s Strongest Fiber™, deep history of application development and strong management team focused on specialty applications • Dyneema® transaction is aligned with our previously stated acquisition goal of expanding our composites and fiber capabilities • Similar to our other technology expansion acquisitions, Dyneema® allows us to leverage our invest-to-grow strategy • The possible sale of our Distribution business also presents potential benefits with respect to leverage and EBITDA margins 7% 46% 66% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2021 2022 PF % o f A dj u st ed E B IT D A (1 ) JVs Distribution Performance Products & Solutions Specialty (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution (2) Healthcare 4% Packaging 8% Consumer 10% Building & Construction 43% Industrial 15% Transportation 14% Energy 4% Telecom. 2% 2006 2022 Pro forma Healthcare 8% Packaging 23% Consumer 21% Building & Construction 10% Industrial 15% Transportation 9% Energy 4% Telecom. 4% Defense 6% END MARKET TRANSFORMATION TO LESS CYCLICAL INDUSTRIES ( W IT H DY N E E MA, E X .
https://www.avient.com/news/avient-achieves-reexamination-certificate-dyneema-cut-resistant-yarn-patent
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Avient Achieves Reexamination Certificate for 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.
Dyneema® Diamond Technology offers unmatched cut resistance, lightweight performance, and exceptional strength as part of a vast product portfolio of breakthrough material solutions.
https://www.avient.com/investor-center/news/avient-announces-agreement-acquire-dsm-protective-materials-dyneema-and-plans-explore-sale-distribution
business (including the Dyneema® brand) (the "Dyneema business").
We are thrilled to add the Dyneema® brand and its unique technologies to
The addition of the Dyneema portfolio will raise
https://www.avient.com/news/avient-feature-specialty-sustainable-technologies-k-2022
Right now, industries across the globe are adjusting to an incredible number of significant challenges in a short period – overcoming supply chain issues, reducing environmental impacts, and more – and Avient is rising to help customers meet these challenges,” said Holger Kronimus, vice president EMEA and general manager Specialty Engineered Materials EMEA and India, at Avient.
Since then, Avient has become better together by combining with global industry leaders, including the recent addition of the Avient Protective Materials portfolio, including the Dyneema® brand, the world’s strongest fiber™.
This combination of expertise and technologies will help customers adapt to a changing world with innovative materials, distinctive services, and a more secure supply chain.
https://www.avient.com/news/avient-earns-2023-refocus-sustainable-innovation-design-award-pcr-color-prediction-service
The PCR Color Prediction Service is the latest addition to our growing portfolio of services and solutions specifically created to support a circular economy by improving the customer experience of working with PCR content, designing out waste and pollution, keeping products and materials in use, and regenerating natural systems across the value chain.
The Plastics Industry Association (PLASTICS) is the only organization that supports the entire plastics supply chain, including Equipment Suppliers, Material Suppliers, Processors, and Recyclers, representing over one million workers in our $468 billion U.S. industry.
Dyneema®, the world’s strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports
https://www.avient.com/news/avient-s-singapore-production-facility-receives-iscc-plus-certification-bio-derived-materials
The ISCC PLUS certification uses a mass balance chain-of-custody approach, which involves third-party accounting and tracking of the bio-sourced content in materials.
This method accurately accounts for and traces bio-derived feedstock throughout the value chain, from the raw materials to the final product.
Our expanding portfolio of offerings includes colorants, advanced composites, functional additives, engineered materials, and Dyneema®, the world’s strongest fiber™.
https://www.avient.com/knowledge-base/article/traceability-recycled-polyester-and-polyamide-textiles
How taggants can help confirm the origin of fibers in recycled textile products
In synthetic fibers, recycled polyethylene terephthalate (PET) material from plastic bottles was the first recycled content used in textile products such as sportswear and technical textiles.
Their use in the textile industry is currently rare.