https://www.avient.com/sites/default/files/2024-10/Terms%26Conditions - Brazil English %26 Portuguese.pdf
KLA: 245806 - v5 - p. 1/8
TERMS AND CONDITIONS TERMOS E CONDIÇÕES
1.
Terms Adjustment.
The Terms and Conditions
shall prevail in case of an inconsistency
between a provision of a purchase order and
a provision of these Terms and
Conditions.
7.
https://www.avient.com/sites/default/files/2022-10/Edgetek Toughened PPA Technical Bulletin.pdf
The PPA-based formulations offer decreased
moisture absorption compared to nylon 66
(PA66), helping to improve durability and long-
term performance.
These robust materials also
incorporate heat stabilization to maintain tensile
strength and tensile elongation properties for long-
term thermal aging up to 120°C.
KEY CHARACTERISTICS
• High-temperature performance
• Excellent impact resistance
• Decreased moisture absorption compared
to PA66
• Heat stabilized for long-term thermal aging
• Enhanced chemical resistance
• Customizable formulations in filled and
unfilled grades
MARKETS & APPLICATIONS
The combined performance characteristics make
Edgetek Toughened PPA ideal for a range of rigid
engine applications.
https://www.avient.com/sites/default/files/2024-04/OnColor Orange Nylon Colorant for EV Connectors Application Bulletin.pdf
Its portfolio of OnColor™ polymer colorants
was developed to improve the heat and long-term
color stability of cautionary orange polymers for
high-voltage EV connectors, offering the following
benefits:
• Long-term fading resistance in thermal aging
tests at up to 130°C for 1,000 hours,
• No migration, excellent processing stability
• Lower corrosion risk vs. typical comparable
colorants
• No impact on flame retardancy and limited
adverse effects on essential mechanical
characteristics, including flexural and impact
strength
Avient’s orange nylon colorants are available in
several validated RAL, Pantone, and JPMA orange
shades for compounding, injection molding, and
extrusion.
LONG-TERM HEAT AGING PERFORMANCE
Heat-aging condition: 130°C, 1,000 hours in PA66/GF/FR compound
0 Hour
Comparison of PA66/GF/NHRF typical
and with OnColor™ AB23447398
500 Hours 1,000 Hours
https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
Long-Term Incentive.
Future long-term incentive plan awards are expected to be granted
under the Long-Term Incentive Plan.
Newlin who was not eligible for a long-term incentive award per the terms of his Letter
Agreement.
https://www.avient.com/sites/default/files/2023-11/ISO14001.2015.pdf
This document is issued by the Company subject to SGS General Conditions of certification services available on Terms and Conditions | SGS.
Certified since 06 September 2008
Jonathan Hall
Global Head - Certification Services
Authorised by
SGS United Kingdom Ltd
Rossmore Business Park, Ellesmere Port, Cheshire, CH65 3EN, UK
t +44 (0)151 350-6666 - www.sgs.com
https://www.sgs.com/en/terms-and-conditions/
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
They use words such as "will," “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe” and other words and terms of
similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales.
Morgan
• New Senior Secured Term Loan B and new Senior
Unsecured Notes
• Potential proceeds from sale of Distribution business
modeled to pay off 5.25% senior notes due 2023 and
Term Loan
• Acquisition aligned with Avient’s track record of
disciplined capital allocation policy
• Existing dividend policy maintained, focus on
deleveraging in the near term
(1)
(1) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution,
including repayment of senior notes due 2023 and Term Loan
Cash and Cash Equivalents 595$
Senior Secured Term Loan due 2026 605$
New Senior Secured Term Loan B 500
Total Senior Secured Debt 1,105$
Senior Unsecured Notes due 2025 650$
New Senior Unsecured Notes 740
Total Senior Unsecured Debt 1,390$
Total Debt 2,495$
Net Debt 1,900$
2022 Pro forma Adjusted EBITDA 660$
Net Debt / Adjusted EBITDA 2.9x
Pro Forma Capitalization
(2022 estimates, all figures in $M)
T WO - Y E A R L E V E R AG E G OA L
24
3.5x
2.7x
1.7x
2.9x
2.5x
2.2x
2019PF 2020PF 2022E 2022PF 2023E 2024E
Dyneema® AcquisitionClariant Color Acquisition
(1) Pro forma for the acquisition of the Clariant Color business
(2) Pro forma for the acquisition of Dyneema® and potential divestiture of
Distribution, including repayment of senior notes due 2023 and Term Loan
(1) (1) (2)
25
P RO F O R M A M O D E L I N G
2022E Pro Forma Pro Forma
($M) w/ Dyneema w/Sale
Revenue 5,100$ 415$ 5,515$ (1,775)$ 3,740$
Adjusted EBITDA 635 130 765 (105) 660
EBITDA % 12% 31% 14% 6% 18%
Pro Forma EPS (Adjusted) 3.50$ 0.00$ 3.50$ (0.56)$ 2.94$
Pro Forma EPS (excl. amortization) 3.96$ 0.35$ 4.31$ (0.56)$ 3.75$
Leverage (12/31/2022E)
Net Debt / Adjusted EBITDA 1.7x 3.5x 2.9x
Avient Dyneema Distribution® ®
OUR SPECIALTY JOURNEY
AC Q U I S I T I O N H I S TO RY
27
Commercial
Resources(1)
Operating Income
($ in millions)
Operating Margins
259
360
At Acquisition 2021
$40
$122
At Acquisition 2021
9%
21%
At Acquisition 2021
Established Acquisitions
(> 7 years)
+ 39% + 210% + 1200 bps
(1) Commercial Resources include associate headcount in R&D / Technical, Marketing and Sales
C L A R I A N T C O LO R AC Q U I S I T I O N
28
$133
$205
2019PF 2021
28
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.1x
2019PF 2021 2021 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
• $54 million of synergies realized in 2021
• Acquisition completed on July 1, 2020 for $1.45 billion.
In addition, operating
income before the effect of special items is a component of Avient’s annual and long-term employee incentive plans and is used
in debt covenant computations.
https://www.avient.com/sites/default/files/2024-09/Compensation Committee Charter July 2024.pdf
Each Committee member will serve at the pleasure of the Board for such term as the Board
may decide or until such Committee member is no longer a Board member
Review and approve the performance criteria, target awards, payout criteria and like
items for the Company’s long-term incentive compensation plans
Review and approve the terms of all employment agreements, management continuity
agreements and change in control agreements for elected officers.
https://www.avient.com/sites/default/files/2024-03/AS-FILED EF20024640 Avient Corp ARS.pdf
Our ability to service long-term indebtedness requires cash.
The
amendment also aligned and reduced the interest rates per annum, which now are either (i) Adjusted Term SOFR
(as defined in the Term Loan Amendment) plus 2.50%, or (ii) a Base Rate (as defined in the Term Loan Amendment)
plus 1.50%.
The
amendment also aligned and reduced the interest rates per annum, which now are either (i) Adjusted Term SOFR
(as defined in the Term Loan Amendment) plus 2.50%, or (ii) a Base Rate (as defined in the Term Loan Amendment)
plus 1.50%.
https://www.avient.com/sites/default/files/resources/PolyOne%25202011%2520Annual%2520Report.pdf
We offer payment terms to our customers that are competitive.
Net cash used by financing activities in 2009 reflects the repayment of short-
term debt and our 6.91% medium-term notes.
Total interest paid on long-term and short-term borrowings
was $32.0 million in 2011, $30.3 million in 2010 and $34.0 million in 2009.
https://www.avient.com/sites/default/files/2023-12/CAI W_C - Product Selection Guide EMEA_0.pdf
UV Light Stabilizers
Cesa™ Light Additives
Long-term protection against weather degradation.
Repellant Additives
Cesa™ Aversive Technology
Long-term protection against rats and termites.
For certain ranges, the following colors are also available for short-term delivery.
1.844.4AVIENT
www.avient.com
Copyright © 2023, Avient Corporation.