https://www.avient.com/industries/healthcare/remote-monitoring-wearables/continuous-glucose-monitors-cgm
Color and functional additive masterbatches pre-tested to ISO, US Pharmacopeia, European Pharmacopeia, and ICH Q3D protocols for increased appeal and performance
https://www.avient.com/sites/default/files/2024-08/Avient Q2 2024 Earnings Call Presentation.pdf
Q2 2023 (TOTAL COMPANY) $824 $850 Q2 23 Q2 24 $131 $143 Q2 23 Q2 24 Sales Adjusted EBITDA (in millions) $0.63 $0.76 Q2 23 Q2 24 (in millions) Adjusted EBITDA Adjusted EPS 5 + 3% (+5% excluding FX) + 9% (+12% excluding FX) + 21% (+25% excluding FX) Sales 6 Q2 2024 RESULTS – ORGANIC SALES BY REGION VS PY 6 US & Canada Latin America EMEA Asia +5% +4% +1% +19% Avient ex.
FX +4.6% FX -1.5% Total Avient +3.1% Note: Regional Sales Percentages exclude impact of foreign exchange Q2 2024 SEGMENT PERFORMANCE (COLOR, ADDITIVES & INKS) $525 $542 Q2 23 Q2 24 $94 $108 Q2 23 Q2 24 19.9% Sales Adjusted EBITDA (in millions) (in millions) Sales Adjusted EBITDA 7 17.9% +200 bps * * * Adjusted EBITDA Margin % • Organic sales growth in all regions led by Americas • Raw material deflation combined with cost reduction actions drove EBITDA margin expansion + 3% (+5% excluding FX) + 15% (+17% excluding FX) Q2 2024 SEGMENT PERFORMANCE (SPECIALTY ENGINEERED MATERIALS) $301 $308 Q2 23 Q2 24 $60 $64 Q2 23 Q2 24 20.6% Sales Adjusted EBITDA (in millions) (in millions) Sales Adjusted EBITDA 8 19.8% +80 bps * * * Adjusted EBITDA Margin % • Sales growth in consumer, healthcare and building & construction end markets offset by weaker demand in telecommunications • EBITDA margin expansion driven by positive end market mix as well as raw material deflation + 2% (+4% excluding FX) + 7% (+8% excluding FX) 2024 G U IDA N CE FY 2024 GUIDANCE Previous (May 7) Current Adjusted EBITDA $510 to $535 million $515 to $540 million Adjusted EPS $2.50 to $2.65 $2.55 to $2.70 Interest Expense $105 million $105 million Adjusted Effective Tax Rate 23% to 25% 23% to 25% Capital Expenditures ~$140 million ~$140 million 10 Q3 2024: Adjusted EPS of $0.62 11 Highlights • Provides performance updates on 2030 Sustainability Goals • Reduced company’s Scope 1 & 2 GHG emissions by 48% since 2019 • Highlights ESG performance ratings, certifications, and awards, including recent upgrades by Ecovadis to Gold and CDP to A- • Reflects Great Place to Work® culture focused on health, safety and employee engagement 2023 SUSTAINABILITY REPORT 11 Sustainability for a Better Tomorrow 2023 SUSTAINABILITY REPORT 12 • Investor Day to be held December 4, 2024 in New York, NY • The focus will be to do a deep dive on the Company’s strategy • Further details to be communicated 2024 AVIENT INVESTOR DAY AP P EN D IX 15 Performance Additives 15% Pigments 13% TiO2 9% Dyestuffs 2% Polyethylene 10%Nylon 5% Polypropylene 4% Styrenic Block Copolymer 4% Other Raw Materials 38% ~40% hydrocarbon based (Grey shaded materials are hydrocarbon based, includes portion of “Other Raw Materials”) Non-hydrocarbon based materials RAW MATERIAL BASKET SEGMENT DATA U.S. & Canada 41% EMEA 36% Asia 18% Latin America 5% 2023 SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 19% Packaging 23%Industrial 16% Building and Construction 9% Telecommunications 4% Energy 5% Defense 7% END MARKET REVENUE $2,007M $358M $1,138M $224M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $502M$3,143M (1) Transportation 10% Healthcare 7% 17 (1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs 2023 REVENUE | $2 .0 B ILL ION US & Canada 34% EMEA 37% Asia 21% Latin America 8% END MARKET REGION 18 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 9% Building & Construction 10% Telecommunications 1% Energy 2% COLOR, ADDITIVES & INKS 2023 REVENUE | $1 .1 B ILL ION US & Canada 52% EMEA 35% Asia 13% 19 Packaging 5% Consumer 16% Healthcare 6%Industrial 16% Transportation 12% Telecommunications 9% Energy 10% Defense 18% Building & Construction 8% END MARKET REGION SPECIALTY ENGINEERED MATERIALS Packaging 32% Consumer 26% Healthcare 9% Industrial 13% Building & Construction 6% Telecommunications 2% Energy 2% Defense 1% Asia (18% of sales) Transportation 9% 2023 AVIENT REGIONAL SALES Packaging 25% Consumer 13% Healthcare 5% Industrial 18% Building & Construction 9% Energy 5% Defense 8% EMEA (36% of sales)Transportation 13% Packaging 13% Consumer 22% Healthcare 10% Industrial 16% Building & Construction 12% Energy 6% Defense 8% US & Canada (41% of sales) Transportation 9% Packaging 59% Consumer 22% Healthcare 2% Industrial 8% Building & Construction 4% LATAM (5% of sales) Transportation 5% Telecommunications 4% Telecommunications 4% 20 BY END MARKET 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.
Three Months Ended June 30, 2024 2023 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Net income from continuing operations attributable to Avient shareholders $ 33.6 $ 0.36 $ 22.1 $ 0.24 Special items, after-tax 21.8 0.24 19.6 0.21 Amortization expense, after-tax 14.8 0.16 16.2 0.18 Adjusted net income / EPS $ 70.2 $ 0.76 $ 57.9 $ 0.63 Three Months Ended June 30, Reconciliation to EBITDA and Adjusted EBITDA: 2024 2023 Net income from continuing operations – GAAP $ 33.8 $ 22.3 Income tax expense 11.2 10.4 Interest expense, net 26.6 29.4 Depreciation & amortization 44.9 47.6 EBITDA from continuing operations $ 116.5 $ 109.7 Special items, before tax 28.1 21.7 Interest expense included in special items (1.0) — Depreciation & amortization included in special items (0.3) (0.1) Adjusted EBITDA $ 143.3 $ 131.3 Adjusted EBITDA as a percent of sales 16.9 % 15.9 % 1 Three Months Ended June 30, 2024 2023 Sales: Color, Additives and Inks $ 542.0 $ 524.5 Specialty Engineered Materials 308.1 300.8 Corporate (0.4) (0.9) Sales $ 849.7 $ 824.4 Operating income: Color, Additives and Inks $ 86.1 $ 68.0 Specialty Engineered Materials 42.8 39.7 Corporate (56.4) (45.4) Operating income $ 72.5 $ 62.3 Depreciation & amortization: Color, Additives and Inks $ 21.8 $ 25.7 Specialty Engineered Materials 20.8 19.9 Corporate 2.3 2.0 Depreciation & amortization $ 44.9 $ 47.6 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 107.9 $ 93.7 Specialty Engineered Materials 63.6 59.6 Corporate (54.1) (43.4) Other expense, net (0.9) (0.2) EBITDA from continuing operations 116.5 109.7 Special items, before tax 28.1 21.7 Interest expense included in special items (1.0) — Depreciation & amortization included in special items (0.3) (0.1) Adjusted EBITDA $ 143.3 $ 131.3 Adjusted EBITDA as a percent of sales: Color, Additives and Inks 19.9 % 17.9 % Specialty Engineered Materials 20.6 % 19.8 % 2 Year Ended December 31, 2023 Operating income: Color, Additives and Inks $ 259.9 Specialty Engineered Materials 142.5 Corporate (205.6) Operating income $ 196.8 Depreciation & amortization: Color, Additives and Inks $ 98.3 Specialty Engineered Materials 81.5 Corporate 9.0 Depreciation & amortization $ 188.8 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 358.2 Specialty Engineered Materials 224.0 Corporate (196.6) Other income, net 5.8 EBITDA from continuing operations 391.4 Special items, before tax 114.6 Interest expense included in special items (2.3) Depreciation & amortization included in special items (1.9) Adjusted EBITDA $ 501.8 3 Avient Q2 2024 Webcast Slides_for website_with non-GAAP_8_5.pdf IR Deck - AVNT-2024.06.30 - 8.02.24 1130AM.pdf Attachment Avient Q2 2024 Webcast Slides_for website_with non-GAAP.pdf AVNT cover slide.pdf
https://www.avient.com/sites/default/files/2022-08/Avient CDP_Climate_Change_Questionnaire_2022.pdf
In addition, Avient has externally certified EHS&S management systems, including ISO 9001 worldwide.
Additionally, 52% of our facilities are certified to ISO 14001, 56% to Responsible Care 14001 and ISO 45001, and 10% of our high energy sites are certified to ISO 50001.
Additionally, 52% of our facilities are certified to ISO 14001, 56% to Responsible Care 14001 and ISO 45001, and 10% of our high energy sites are certified to ISO 50001.
https://www.avient.com/sites/default/files/2020-08/2020-hammerhead-application-install-guide.pdf
Stringers Bulkheads, Decking and Transoms Doors and Cabinetry Ceilings and Hatches MECHANICAL PERFORMANCE Superior strength-to-weight ratio PROPERTY TEST METHOD PANEL THICKNESS .50" .75" 1.00" 1.50" Core Density (lb/ft3) ISO 845 5.3 8.4 5.3 8.4 5.3 8.4 5.3 8.4 Flexural Rigidity (lb-in2) ASTM D7249 38,379 39,390 80,699 74,158 147,890 140,081 342,866 363,009 Panel Weight (lb/ft2) Calculated 0.93 1.07 1.03 1.25 1.14 1.42 1.35 1.77 Core Shear Yield (psi) ASTM C393 60 138 61 139 57 131 52 99 Max Load (lbs) ASTM C393 246 482 362 704 423 833 558 1,031 Core Shear ULT (psi) ASTM C393 81 159 81 153 70 138 62 113 Face Bend Stress (psi) ASTM C393 6,430 12,582 6,355 12,109 5,511 10,860 4,899 8,916 USES & APPLICATIONS SUPPORT SPAN DEFLECTION Meets performance required for marine applications Predictive deflection in various load cases.
MARINE PLYWOOD Hammerhead™ panels are three times lighter than marine plywood MOISTURE ABSORPTION % weight change due to water absorption for selected composites and marine plywood 10000 60000 110000 160000 210000 260000 310000 360000 0.5 0.75 1 1.25 1.5 F le x u ra l R ig id it y - lb / in 2 Panel Thickness - in Hammerhead™ 5.3lb/in^3 Core Density Hammerhead™ 8.4lb/in^3 Core Density Plywood — Hammerhead™ 5.3 lb/ft3 Core Density — Hammerhead™ 8.4 lb/ft3 Core Density — Marine Plywood 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 0 10 20 30 40 50 60 70 80 90 100 % W e ig h t C h a n g e Immersion Time - Days .50" Hammerhead™ .75" Hammerhead™ 1" Hammerhead™ 1.50" Hammerhead™ .50" marine plywood .75" marine plywood 1" marine plywood Fl ex ur al R ig id ity - lb -in 2 INSTALLATION INSTRUCTIONS CUTTING & DRILLING Recommended blade: Industrial fine cut-off saw blade, 10" x 80 teeth 38° ATB grind with 5/8" bore, PTFE coating Recommended router bits: 3/8" diameter, 4 flute TiAlN (titanium aluminum nitride) coated carbide bit FORMING Apply localized 400˚F heat at a length proportional to the panel thickness (see equation below) and bend to shape.
BOTTOM PANEL LEG LENGTH BREAK STRENGTH (LBS) Hammerhead™ with 5.3 lb/ft3 Core Density 2 in 420 Hammerhead™ with 8.4 lb/ft3 Core Density 2 in 332 Marine Plywood 2 in 984 Glass/Polyester with Balsa Core 2 in 1298 Hammerhead™ with 5.3 lb/ft3 Core Density - ITW Plexus MA420 Adhesive NA 501 Hammerhead™ with 8.4 lb/ft3 Core Density - ITW Plexus MA420 Adhesive NA 1156 Hammerhead™ with 8.4 lb/ft3 Core Density - Crestomer 1152PA Adhesive NA 1530 Hammerhead™ with 8.4 lb/in3 Core Density - Crestomer M1-30 Adhesive NA 1471 ADHESIVE DESCRIPTION ADHESIVE GRADE MANUFACTURER AVERAGE BOND STRENGTH (PSI) STANDARD DEVIATION FAILURE MODE BEST ADHESION 2k Urethane 75421 Lord 2281 184 Substrate Cohesive 2k Acrylic SA1-705 GRY1 AccraLock 2211 78 Substrate 2k Acrylic Plexus MA420 ITW 2171 262 Substrate 2k Acrylic SA10-05 Blk1 AccraLock 2102 138 Substrate 2k Urethane 75451 Lord 2047 68 Cohesive 2k Acrylic SA1-705 GRY 1:2 AccraLock 1966 68 Substrate 2k Acrylic Scotchweld 8010 3M 1907 61 Adhesive Cyanoacrylate Gorilla Glue Gorilla Glue 1885 432 Cohesive 2k Acrylic Crestabond PP-04 Scott Bader 1873 281 Substrate 2k Acrylic SA10-05 Blk 10:2 AccraLock 1779 127 Cohesive 2k Urethane 75422 Lord 1716 190 Cohesive Adhesive 2k Urethane 75452 Lord 1535 98 Adhesive 2k Methacrylate Polyfuse Icon Containment 1610 98 Adhesive INTERMEDIATE ADHESION 2k Acrylic FA10-05 Blk C010817 AccraLock 724 58 Cohesive 2k Acrylic FA10-05 Blk1 AccraLock 722 44 Cohesive 2k Epoxy Loctite Epoxy Instant Mix Loctite 508 81 Adhesive 2k Epoxy Gorilla Glue Epoxy Gorilla Glue 341 198 Adhesive NOT RECOMMENDED 2k Epoxy Loctite Epoxy Marine Loctite 0 0 No bond ADHESIVE SELECTION Brands identified are owned by the manufacturers of the adhesive products. 1 surface sanded with 220 grit scuff prep 2 surface primed with 459T FASTENER TYPE BENEFITS CONSIDERATIONS Through-Bolting Best mechanical locking system Need back side access to panel Screw-In Anchor Highest pullout strength Requires pilot hole Cup Washer Spreads compressive load Requires relief hole; For substructure and hard point attachment Wide Grip (Bulb-Style) Rivet Ease of use—no installation torque limitations For lower load attachments Sheet Metal or Wood Screw Readily available, low cost Penetrate both skins for improved pullout Shoulder Washer Limits compressive load Requires relief hole; For substructure and hard point attachment For more information on installation, adhesives, and fasteners for specific applications, please contact Avient.
https://www.avient.com/sites/default/files/2020-09/crtm-panel-product-bulletin-2020.pdf
Composite panels for modular ISO shelters, transport containers and pallets TRANSPORTATION Rail car doors, floors and body panels, shipping containers, tractor trailer panels, large trucks, trailers, RVs, and mass transit vehicles MARINE Structural bulkheads, transoms, decks/soles, subflooring, and interior walls www.avient.com Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2020-09/cai-healthcare-application-bulletin.pdf
GLOBAL REGULATORY COMPLIANCE Our regional tech centers around the world offer regulatory support and product stewardship expertise to help you qualify your products BIO-COMPATIBILITY APPLICATIONS Bio-compatible additives and colorants, tested under USP Class VI and ISO 10993, allow your materials to achieve required functional performance while meeting brand and color standards STERILIZATION REQUIREMENTS A standard color range and deliberate formulations provide stability under harsh sterilization methods AUTHENTICATION TECHNOLOGY Protect your brands with our Percept™ anti-counterfeit, security and tracking taggant technologies, or utilize radiopacifiers for placement protection LASER MARKING SOLUTIONS Optimized for color and contrast without diminishing physical property characteristics for branding, inventory management, data coding, or universal device identification PRODUCT & PROCESS OPTIMIZATION Maximize production throughput or eliminate waste with solutions including dimensional stabilization, cycle time reducers, chemical foaming agents, nucleation or hybrid technology ONCOLOR™ HC Colorants designed to be healthcare-friendly.
https://www.avient.com/sites/default/files/2024-04/Maxxam REC Outdoor Plug Socket Case Study_A4.pdf
Using Avient’s Product Carbon Footprint Calculator, which has been third-party certified by TÜV Rhineland to ISO 14067 standard, the new Avient formulations enable a 50% carbon footprint reduction compared to the materials previously used.
https://www.avient.com/sites/default/files/2023-02/Gravi-Tech BIO Bio-Based Formulations Product Bulletin.pdf
KEY CHARACTERISTICS • Customized density offering a wide range of specific gravities (1.5–11 gm/cm3) • Formulated with partially bio-based resin from renewable plant sources • Broad modulus range, from very flexible to very rigid grades • Corrosion resistance that withstands oxidization for long-term use and benefit • Chemical resistance that can be adapted depending on base resin as required • Provides visual surface effects, aesthetics and cool touch • Design flexibility and processing ease • Food contact compliance available MARKETS AND APPLICATIONS Applications in packaging and consumer goods in which a more sustainable solution is preferred: • Cosmetic caps and closures • Perfume caps • Spirit bottle caps • Luxury boxes • Handles and knobs SUSTAINABILITY BENEFITS • Formulated with partially bio-based resin from renewable plant sources • Reduces waste and supports the circular economy • Reduces carbon footprint compared to fossil feedstock alternatives • Simplifies manufacturing and lowers cost versus metal PRODUCT BULLETIN CHARACTERISTICS UNITS Gravi-Tech BIO GT5200-5077 FD Natural Gravi-Tech BIO RS5200-5001 RS FD Natural Gravi-Tech BIO RS5200-5001 RS FD Natural X1 Gravi-Tech BIO GT5200-5003 FD Black Gravi-Tech BIO GT5200-5004 FD Black Gravi-Tech BIO GT5200-5002 FD Black Base Resin Bio-based PP Bio-based PP Bio-based PP Bio-based PP Bio-based PP Bio-based PP Recycled Content/Filler g/cm Mineral Mineral Mineral Metallic Metallic Metallic Density (ISO 1183) g/ccm 1.90 2.0 2.0 2.0 2.5 3.0 AVAILABLE GRADES Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2021-03/colorant-chromatics-high-temp-compounds-selection-guide.pdf
COLORANT CHROMATICS HIGH-TEMPERATURE POLYMER FORMULATIONS PRODUCT SELECTION GUIDE COLORANT CHROMATICS HIGH TEMPERATURE COMPOUNDS PROPERTY ISO Test Method Units PES PPSU PEI LCP PEEK PSU PHYSICAL Density 1183 — 1.37 1.29 1.27 1.40 1.30 1.24 Mold Shrinkage Flow/X-flow 294–4 % 0.8/0.85 0.7/XX 0.6/0.7 0/0.7 1.0/1.3 0.7 MECHANICAL Tensile Strength 527 Mpa 85 70 85 200 100 70 Tensile Elongation Yield 527 % 7 7.5 6 — — 6 Tensile Elongation Break 527 % >25 >60 60 3 30 >50 Izod Notched 180 kJ/m2 7 55 5 95 7 5.5 THERMAL HDT 1.8 MPa 75 °C 205 200 190 190 150 175 FLAMMABILITY Flame Rating UL-94 — V-0 V-0 V-0 V-0 V-0 HB ADDITIONAL Steam Sterilizable — Cycles 100 2000 2000 1500 1000 100 CUSTOM OPTIONS Color — — Yes Yes Yes Yes Yes Yes Reinforced — — Yes Yes Yes Yes Yes Yes Conductive — — Yes Yes Yes Yes Yes Yes Lubricated — — Yes Yes Yes No Yes Yes Radiopaque — — Yes Yes Yes No Yes Yes Trade Names — — Veradel Ultrason E Radel Ultrason P Ultem Vectra Zenite Xydar KetaSpire Victrex Vestakeep Udel Ultrason S Avient high temperature precolored and specialty compounds are your solutions for high performance products.
https://www.avient.com/sites/default/files/2020-09/oncap-hc-product-bulletin.pdf
KEY CHARACTERISTICS • Formulated specifically for healthcare product applications • Wide portfolio of polymer additive solutions, including: - Antimicrobial technology - Surface energy modification, including low retention - Authentication technology - Lasermarking - Sterilization and content protection - Processing optimization - FDA compliant resin and color changeover solutions • OnCap HC Plus certified for USP Class VI and ISO 10993 bio-compatibility requirements; includes anti-oxidant, lasermarking, antimicrobial, radiopacifier, anti-stat, and polymer and gamma stabilization performance additives OnCap™ HC & OnCap™ HC Plus Additives for Healthcare PRODUCT BULLETIN INDUSTRY SUPPORT • Supported with a broad range of technical support and services: - Restricted medical-grade raw material selection process - Sampling program - World-class FDA cGMP manufacturing facilities - Batch traceability and formulation lockdown systems - FDA Drug Master Files or Medical Device Files maintenance MARKETS AND APPLICATIONS OnCap HC and OnCap HC Plus Additives are an excellent choice for medical devices and parts, pharmaceutical or cosmetic packaging, and many other healthcare related polymer applications.