https://www.avient.com/news/unlocking-sustainability-avient-showcase-solutions-circular-economy-chinaplas-2021
From color modeling to the latest advances in materials science, Avient is unlocking the potential of sustainability in Asia and globally,” said Say-Eng Lee, vice president and general manager, Color & Additives Asia.
reSound™ R PC contains 25 to 70 percent PCR or PIR (post-industrial recycled) polycarbonate with multiple color options to deliver sustainable benefits to customers.
Media contact
Jennifer Huang
Senior Manager, Marketing Communications Asia
Avient Corporation
+86 21 60284888
jennifer.huang@avient.com
https://www.avient.com/sites/default/files/2024-02/AVNT Q4 2023 Earnings Press Release.pdf
Conversely, we continue to see destocking in healthcare and telecommunications as
customers reduce inventory levels, and we expect weak demand in transportation and building
& construction due to higher interest rates," said Jamie Beggs, Senior Vice President and Chief
Financial Officer, Avient Corporation.
They are based on
management’s expectations that involve a number of business risks and uncertainties, any of
which could cause actual results to differ materially from those expressed in or implied by the
forward-looking statements.
Three Months Ended
December 31,
Year Ended
December 31,
2023 2022 2023 2022
Sales:
Color, Additives and Inks $ 459.4 $ 490.8 $ 2,007.4 $ 2,355.0
Specialty Engineered Materials 259.8 300.8 1,138.2 1,044.4
Corporate (0.2) (1.2) (2.8) (2.5)
Sales $ 719.0 $ 790.4 $ 3,142.8 $ 3,396.9
Gross margin:
Color, Additives and Inks $ 148.3 $ 134.5 $ 631.2 $ 681.3
Specialty Engineered Materials 78.1 82.4 341.8 283.7
Corporate (17.5) (44.9) (80.5) (82.3)
Gross margin $ 208.9 $ 172.0 $ 892.5 $ 882.7
Selling and administrative expense:
Color, Additives and Inks $ 86.5 $ 90.2 $ 371.3 $ 380.3
Specialty Engineered Materials 48.7 47.2 199.3 143.6
Corporate 30.6 34.2 125.1 115.5
Selling and administrative expense $ 165.8 $ 171.6 $ 695.7 $ 639.4
Operating income:
Color, Additives and Inks $ 61.8 $ 44.3 $ 259.9 $ 301.0
Specialty Engineered Materials 29.4 35.2 142.5 140.1
Corporate (48.1) (79.1) (205.6) (197.8)
Operating income $ 43.1 $ 0.4 $ 196.8 $ 243.3
13
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current
profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/news/avient-specialty-inks-launches-wilflex-epic-rio-ready-use-standard-color-inks
Wilflex Epic Rio RFU Standard Colors include 33 popular industry colors that allow for vibrant and bold prints.
Wilflex Epic Rio RFU Standard Colors were created with sustainability in mind.
The launch of Wilflex Epic Rio RFU Standard Colors emphasizes Avient Specialty Inks’ focus on sustainability,” said Tito Echiburu, general manager of Avient Specialty Inks.
https://www.avient.com/resources/safety-data-sheets?page=6521
GREEN COLOR FOR SPARKLING WATER
https://www.avient.com/news/polyone-helps-brands-gain-competitive-position-organic-cosmetics
In addition to increasing competitive market position, Colorsperse organic-based colorants also boost process efficiency by eliminating pigment grinding and additional quality checks, which often require multiple color corrections.
Seth Tomasch, general manager, PolyOne, said, “Cosmetics brands can leverage our expertise in pigment dispersions to improve their competitive advantage with greater process efficiencies and enhanced consumer appeal that expands marketplace reach.”
Caption : PolyOne has launched a new range of organic color dispersions for cosmetic applications.
https://www.avient.com/news/polyone-highlight-advanced-specialty-solutions-chinaplas-2014
Differentiating with Color: InVisiOSM Color Inspiration 2015, a collection of six insightful color directions for designers, brands and marketing managers, adds dimension to trend indicators by capturing visual effects and textural influences as well.
In addition, this specialty solution improves color stability and maintains polymer clarity.
Trade Media Contact
Jennifer Huang
Marketing Communications Manager, Asia
PolyOne Corporation
+86 21 50802923
jennifer.huang@avient.com
https://www.avient.com/news/polyone-makes-splash-cbme-karibu-folding-baby-bath
The tub features a custom overmolded GLS Versaflex™ thermoplastic elastomer (TPE) and non-toxic PolyOne OnColor™ colorants.
Yeung Yiu Fai, Karibu general manager.
Sandy Wagner
Marketing Communications Manager
PolyOne Corporation
+1 815-385-8500
sandy.wagner@avient.com
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.pdf
Management believes this
provides better comparability of the performance of the combined businesses.
They are based on
management's expectations that involve a number of business risks and uncertainties, any of
which could cause actual results to differ materially from those expressed in or implied by the
forward-looking statements.
Three Months Ended
June 30,
Six Months Ended
June 30,
2021 2020 2021 2020
Sales:
Color, Additives and Inks $ 624.4 $ 226.8 $ 1,233.7 $ 483.3
Specialty Engineered Materials 240.6 158.8 457.1 344.1
Distribution 404.4 238.8 767.1 528.3
Corporate and eliminations (34.2) (15.3) (60.4) (35.1)
Sales $ 1,235.2 $ 609.1 $ 2,397.5 $ 1,320.6
Gross margin:
Color, Additives and Inks $ 193.4 $ 75.7 $ 390.9 $ 165.1
Specialty Engineered Materials 69.6 42.5 134.3 95.1
Distribution 40.1 27.2 79.4 60.8
Corporate and eliminations (14.4) 4.3 (13.5) 0.2
Gross margin $ 288.7 $ 149.7 $ 591.1 $ 321.2
Selling and administrative expense:
Color, Additives and Inks $ 107.1 $ 43.4 $ 215.8 $ 92.3
Specialty Engineered Materials 32.3 25.5 62.8 55.8
Distribution 16.4 12.6 31.7 26.8
Corporate and eliminations 24.8 30.2 52.3 55.5
Selling and administrative expense $ 180.6 $ 111.7 $ 362.6 $ 230.4
Operating income:
Color, Additives and Inks $ 86.3 $ 32.3 $ 175.1 $ 72.8
Specialty Engineered Materials 37.3 17.0 71.5 39.3
Distribution 23.7 14.6 47.7 34.0
Corporate and eliminations (39.2) (25.9) (65.8) (55.3)
Operating income $ 108.1 $ 38.0 $ 228.5 $ 90.8
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 111.6 $ 42.9 $ 227.7 $ 94.4
Specialty Engineered Materials 45.4 24.6 87.4 54.4
Distribution 23.9 14.7 48.1 34.2
Corporate and eliminations (39.0) (23.3) (63.8) (51.4)
Other income, net 1.2 9.5 $ 2.7 $ 11.1
EBITDA $ 143.1 $ 68.4 $ 302.1 $ 142.7
12
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current
profitability levels and how it may serve as a basis for future performance.
https://www.avient.com/industries/packaging/beverage-packaging/beverage-packaging-dairy
Polymer Colorants
Power Management
Making the Most of Color: Smart Colorants™
https://www.avient.com/news/polyone-reveals-palettes-reflection-color-inspiration-2021
Bold colors bridge the gap between natural and digital shades.
Click here to request a Color Inspiration 2021+ brochure.
Michelle Maniscalco
Senior Manager, Marketing Communications
PolyOne Corporation
+1 440-930-1988
michelle.maniscalco@avient.com