https://www.avient.com/industries/healthcare/labware-diagnostics
Continuous Glucose Monitors (CGM)
Advanced Mobility Composite Structures
Make your lab and POCT in vitro diagnostic devices safe, accurate and easy to use with healthcare dedicated color and additive polymer solutions and thermoplastics.
https://www.avient.com/company/sustainability/sustainability-report/planet/waste
Waste Minimization: Composites
Depending on the material, our composite and fiber solutions may run into challenges in finding outlets for waste to divert from landfill.
The plan includes a range of options, including repurposing scrap composite rods as fence posts, recycling of scrap glass, and recycling of composite finished goods.
https://www.avient.com/industries/healthcare/labware-diagnostics/ivd-devices
Thermoplastic Elastomers
Continuous Glucose Monitors (CGM)
Advanced Mobility Composite Structures
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Presentation - Website.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.
2
O P E N I N G R E M A R K S
B O B P A T T E R S O N
C H A I R M A N , P R E S I D E N T A N D C E O
Complementary technologies and
customer relationships offer opportunity to
advance commercial strategy
Dyneema®, the world’s strongest fiber™, to
accelerate growth of sustainable, ultralight
and high performance applications
AVIENT PROTECTIVE MATERIALS
FIRST YEAR
4
Composites comprises over half of
Specialty Engineered Materials,
compared to 9% in 2016
Proven history of success in areas
such as outdoor high performance,
defense and sustainable solutions
Composites
44%
56%
2023E
Sales
Collaboration & InnovationComposites as a % of SEM People & Culture
Talented, passionate, and
creative associates drive
continued integration success
and allow two cultures to come
together as one Avient
Lightweight Protective Laminates:
PROJECTILE PROTECTION
Dyneema® Fiber Solutions
Cushioning + Fit + Comfort:
LONG-TERM WEAR
reSound™ Versaflex™ Thermoplastic Elastomers
Strength + Durability + Light-Weighting:
SOLID MOUNTING BRACKETS
Nymax™ Bergamid™ Complēt™ Engineered Materials
Durability + Lubricity:
HELMET LATCHES
Lubri-One™ Internally Lubricated Polymers
Color Consistency and Weatherability
CUSTOMIZED SPECIFICATIONS
Avient Color and Additive Solutions
Antennae Performance
FAST, RELIABLE CONNECTIONS
PREPERM™ Low-Loss Dielectric Thermoplastics
AVIENT PROTECTIVE MATERIALS
C R O S S S E L L I N G O P P O R T U N I T I E S
Wired Connections
CONSTANT COMMUNICATION
Syncure™ Cross-linkable Wire & Cable Formulations5
6
AVIENT PROTECTIVE MATERIALS
C R O S S S E L L I N G O P P O R T U N I T I E S
6
Q 3 P E R F O R M A N C E
15.4%
16.3%
2022 PF 2023
Results vs.
PRIOR YEAR
$790
$710
2022 2023
$107
$112
2022 2023
Sales Adjusted EBITDA
(in millions)
$0.42
$0.47
2022 PF 2023
Adjusted EPS
(in millions)
- 10% + 5% + 12%
Sales Adjusted EBITDA Adjusted EPS
12
$112
$500
Q4 FY
$0.47
$2.30
Q4 FY
Q4 AND FULL YEAR 2023 GUIDANCE
$710
$3,130
Q4 FY
Sales Adjusted EBITDA Adjusted EPS
13
(in millions) (in millions)
Guidance: Free Cash Flow
$180 $180
Prior Guidance Guidance
FREE CASH FLOW & INCREASED DIVIDEND
13th Consecutive Dividend Increase
0.16
0.26
0.42
0.58
0.79
0.85
0.99
1.03
2011 2013 2015 2017 2019 2021 2023 2024
14
S U S T A I N A B I L I T Y D AY
R E C A P
SUSTAINABILITY AS A GROWTH DRIVERLONG-TERM REVENUE GROWTH DRIVERS
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
Total Company Revenue
Growth Drivers Long-Term Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other (GDP growth) 0–2%
Avient 6%
17
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
8-12%
Long Term
Growth
50
90
2022 2030
Medical Plastics
Market Size
(in $Billions)
2020 2030
Recycled
Plastics
Virgin
Plastics
Growing Demand
for Recycled
Content
Avient Sustainable
Solutions
18
46
2023 2032
Global Offshore Annual
Wind Installations
(in Gigawatts)
Sources: McKinsey, Bloomberg, Grand View Research
SUSTAINABILITY TRENDS DRIVE
LONG-TERM GROWTH
18
• Transformative acquisitions
combined with divestitures of
more cyclical businesses have
improved margins over 400 bps
since 2018
• 20% long-term margin goal to
be driven by key growth drivers,
with sustainable solutions
playing a meaningful role
5.4%
11.5%
16.0%
2006 2018 2023E Recovery Growth
Drivers
Strategic
Objective
20%+
+1%+
+3%+
ADJUSTED EBITDA MARGIN EXPANSION
19
• 6% annualized long-term sales growth leveraging
sustainable solutions, composites, healthcare, and
emerging regions
• Expand EBITDA margins to 20%
• Deliver annual EBITDA and EPS growth of
10% and 15%
• Maintain asset-light, 80% free cash flow conversion
profile and be valued as a specialty formulator
• Continue fostering our Great Place to Work® culture
CRE AT ING A WORL D-CL AS S
S US TAINABL E ORGANIZ AT ION
20
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
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/sites/default/files/2022-03/Fiber-Line Coating Selection Guide.pdf
FIBER-LINE™
PERFORMANCE
ENHANCING COATINGS
PRODUCT SELECTION GUIDE
FIBER-LINE™ COATING SELECTION GUIDE
COATING
Bondcoat™
Adhesion
Enhancing
Colorcoat™
Fiber Color
Packcoat™
Performance
Enhancing
Protexcoat™
UV Resistant
Swellcoat™
Blocker Water
Blocking
Swellcoat™
Water Absorbing
Wearcoat™
High Abrasion
Blockcoat™
Anti-Wicking
Repelcoat™
Water Repellant
Flamecoat™
Flame Resistant
FEATURES
• Created for
applications where
an untreated fiber
does not have the
ability to provide the
appropriate amount
of bonding
characteristics to
another material
• Provides adhesion to
another fiber or
substrate without
impacting other
performance
properties
• Improves adhesion
of the fiber to the
resin matrix it is
introduced into
• Enables industry
standard “burst”
tests or stringent
delamination
analysis
• Designed to achieve
vibrant colors for
safety, identification,
and aesthetics
• Specialized formulas
and binders adhere
the pigment to the
exterior of the
individual filaments,
while impregnating
deep into the fiber
bundle
• Available by Pantone
or RAL number
• Compatible with a
variety of composite
resins including
epoxy, polyurethane,
and polyethylene
• Stronger than
solution-dyed fibers
• Designed to add
lubricity and
temperature
resistance at the
filament level for
braided compression
packing
• Coating at the fiber
level versus the
finished braid
achieves higher %
level coating
• Fiber level coating
extends the life of
the braid and
reduces required
maintenance
• Various formulations
available
• PTFE, silicone,
graphite, and
mineral oil
• Created for high
performance fibers
that lack inherent
ultraviolet (UV)
resistance
• Coating impregnates
the individual fibers
with a specialized
resin for improved
UV protection
• Coating
enhancements
include UV inhibitors,
absorbers and
stabilizers
• Improves the
processing of the
product via reduced
filament snagging
and friction
• Low level water-
blocking finish for
any technical fiber or
textile substrate
• Provides water-
blocked strength
reinforcements for
dry cable designs
• Can absorb 5x to 15x
its weight in water
• Dust-free coating
imparts a very soft
fiber hand,
advantageous to
cable, rope, and
other textile
processes
• Patented technology
incorporates super
absorbent polymer (SAP)
suspended in a
proprietary resin matrix
• Used in the production
of ‘dry-dry’
telecommunications,
electromechanical,
seismic, umbilical and
power cables
• Can absorb up to 100x
its weight in water
• Creates a stable gel
when exposed to water
• Functionally replaces
flooding compounds,
filling gels, spun SAF
yarns, and water
blocking tapes
• Enables faster, more
economical and robust
cable manufacturing
• Increases durability and
abrasion resistance by
encapsulating filaments
in the fiber bundle
• Extends the life of the
product by reducing the
effects of friction and
yarn on yarn abrasion
• Protects the fiber
from degradation and
filamentation
• Ideal for high abrasion
and high friction
applications in a range
of fiber constructions
and environments
• Wicking refers to the
tendency of a yarn
or other fiber to draw
moisture into filaments
via capillary action
• Coatings designed to
prevent moisture from
wicking within and
between fibers and
strands
• Protects Wire or Optical
Fiber from damaging
effects of moisture,
which can cause a drop
in signal and attenuation
• Hydrophobic additives
used to promote and
enhance water
repellancy in industrial
applications
• Creates a waterproof
barrier that prevents
moisture from further
migration
• Applied at various %
levels to optimize for
water-proof ratings
• Designed to inhibit or
slow the spread of
fire/flame
• Coupled to fibers with
inherent flame and
thermal resistance to
boost performance
• Added to fibers with
weak flame resistance
to improve burn rating
SUITABLE
FIBERS
• Kevlar ® Para-Aramid
• Nomex® Meta-Aramid
• Vectran® LCP
• Zylon® PBO
• Technora® Fiber
• Carbon Fiber
• Kevlar ® Para-Aramid
• Nomex® Meta-Aramid
• Vectran® LCP
• PET Polyester
• Fiberglass
• UHMWPE
• Kevlar ® Para-Aramid
• Nomex® Meta-Aramid
• Carbon Fiber
• Graphite Fiber
• Fiberglass
• PTFE Fiber
• Kevlar ® Para-Aramid
• Vectran® LCP
• Zylon® PBO
• Technora® Fiber
• Kevlar ® Para-Aramid
• Vectran® LCP
• Zylon® PBO
• PET Polyester
(All shrinks)
• UHMWPE
• Kevlar ® Para-Aramid
• Vectran® LCP
• Zylon® PBO
• Technora® Fiber
• Fiberglass
• PET Polyester
(All shrinks)
• Kevlar ® Para-Aramid
• Vectran® LCP
• Zylon® PBO
• Carbon Fiber
• PET Polyester
(All shrinks)
• UHMWPE
• Kevlar ® Para-Aramid
• Vectran® LCP
• Zylon® PBO
• Carbon Fiber
• PET Polyester
(All shrinks)
• Fiberglass
• Kevlar ® Para-Aramid
• Vectran® LCP
• Zylon® PBO
• Carbon Fiber
• PET Polyester
(All shrinks)
• Fiberglass
• Kevlar ® Para-Aramid
• Vectran® LCP
• Zylon® PBO
• PET Polyester
(All shrinks)
PRODUCTS
• Belt & Hose
Reinforcement Yarn
• Strength Members
• Industrial Fabric Yarn
• Wire Harness Yarn
• Ripcords
• Strength Members
• Wire Harness Yarn
• Industrial Fabric Yarn
• Braided compression
rings and seals
• Valve stem packing
• Pump packing
• Strength Members
• Industrial Fabric Yarn
• Wire Harness Yarn
• Strength Members
• Ripcords
• Binder Yarn
• Filler Yarn
• Synthetic Wire Rope
• Buffer Thread
• Binder Yarn
• Filler Yarn
• Strength Members
• Ripcords
• FRP Rod
• Ripcords
• Strength Members
• Synthetic Wire Rope
• Industrial Fabric Yarns
• Wire Harness Yarns
• Ripcords
• Strength Members
• Binder Yarn
• Industrial Fabric Yarns
• Wire Harness Yarns
• Ripcords
• Strength Members
• Binder Yarn
• Industrial Fabric Yarns
• Wire Harness Yarns
• Industrial Fabric Yarns
• Wire Harness Yarns
• Strength Members
Kevlar ® and Nomex® are trademarks of DUPONT SAFETY & CONSTRUCTION, INC.
MOVING HIGH PERFORMANCE FIBERS FORWARD
Our wide variety of performance enhancing coatings are developed to improve the natural characteristics of
synthetic fibers.
Fiber-Line Performance Enhancing Coatings feature:
• 100% water based or non-solvent resin formulations
• Carefully selected, regulatory compliant raw materials and chemicals
• Custom formulations designed to meet specific application requirements
• Formulations designed for compatibility with specific fiber substrates or processing conditions
Contact us today to determine the fiber-based solution that is right for your product.
https://www.avient.com/products/thermoplastic-elastomers
Thermoplastic Elastomers
Dynaflex™ Thermoplastic Elastomers
OnFlex™ Thermoplastic Elastomers
https://www.avient.com/resource-center?document_type=59&page=26
Advanced Composites Explained
Edgetek™ Glass-Filled Thermoplastics provided toughness and stiffness to fishing rod handle
Continuous Glucose Monitor
https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=26
Advanced Composites Explained
Edgetek™ Glass-Filled Thermoplastics provided toughness and stiffness to fishing rod handle
Continuous Glucose Monitor
https://www.avient.com/products/thermoplastic-elastomers/versollan-thermoplastic-elastomers
Versollan™ Thermoplastic Elastomers
Thermoplastic Elastomers: GLS™
Recycled Content Thermoplastic Elastomers: reSound™ REC
https://www.avient.com/products/thermoplastic-elastomers/onflex-thermoplastic-elastomers
OnFlex™ Thermoplastic Elastomers
OnFlex™ Thermoplastic Elastomers - Industry Bulletin
Thermoplastic Elastomers: GLS™ Versaflex™