https://www.avient.com/sites/default/files/2023-03/OnColor Combination MIC Color - Lower Bumper - Application Snapshot.pdf
Microsoft PowerPoint - OnColor Combination MIC Color - Lower Bumper - Application Snapshot
AUTOMOTIVE OEM
L O W E R E X T E R I O R B U M P E R
• Develop a new color for molded-in-color plastics
• Create ‘Wow’ effect without chroming or paint
• Provide metallic aspect with good UV resistance for
exterior part
• Developed new “gris megalithe” color for PP
(AS1) utilizing Avient Design center
• Produced master plaques to showcase new color
• Accelerated testing to certify outstanding
weathering resistance
• Collaborated across the supply chain to optimize
metallic effect in the final part
Smartbatch™ Combination Colorants &
Additives
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
Jellison was recommended to our Nominating and
Governance Committee for election to the Board by a third-party search firm, Korn Ferry.
Diversity is a key characteristic that we will
consider, and instruct any third-party search firm we use to consider, in searches for future Board members.
Harnett retired from service on the Board in 2015.
https://www.avient.com/sites/default/files/2023-03/2023 Avient Bookmarked Proxy Statement - FINAL.pdf
Audit-related services principally include employee benefit plan audits, accounting
consultations, attest services that are not required by statute or regulation and other international attest
services not classified as audit fees.
When using a third-party search firm, the Governance and
Corporate Responsibility Committee generally provides such firm with guidance as to the skills,
experience, and qualifications that the Governance and Corporate Responsibility Committee is seeking in
potential candidates, and the search firm identifies candidates for the Governance and Corporate
Responsibility Committee’s consideration.
x) “Performance Share” means a bookkeeping entry that records
the equivalent of one Common Share awarded pursuant to Section 8 of this Plan.
https://www.avient.com/sites/default/files/2021-04/avient-sustain-2019-210419-interactive.pdf
Avient is an essential supplier to many of the world’s crucial products and services.
D
LL
Our community service work extends well beyond our important clean-up efforts.
Sustainability Report | 2019 74
https://www.unitedway.org
Community Engagement
Avon Lake, United States
Our Avon Lake Community Service Team plans quarterly community service
events for any associate to participate.
https://www.avient.com/sites/default/files/2020-10/2019-avient-sustainability-report.pdf
Avient is an essential supplier to many of the world’s crucial products and services.
D
LL
Our community service work extends well beyond our important clean-up efforts.
Sustainability Report | 2019 74
https://www.unitedway.org
Community Engagement
Avon Lake, United States
Our Avon Lake Community Service Team plans quarterly community service
events for any associate to participate.
https://www.avient.com/sites/default/files/2025-03/2025 Proxy Statement.pdf
Director since: 2011
Age: 68
Current Public Company
• None
Current Non-Public Company
• X-Energy Reactor Company,
LLC
• Engine No. 1
Former Directorships:
• Enbridge Inc
No fees for other services were billed in 2024 or 2023.
When using a third-
party search firm, the Governance and Corporate Responsibility Committee generally provides such firm with
guidance as to the skills, experience, and qualifications that the Governance and Corporate Responsibility
Committee is seeking in potential candidates, and the search firm identifies candidates for the Governance and
Corporate Responsibility Committee’s consideration.
https://www.avient.com/news/polyone-launches-neu-view-technology-radiopaque-translucent-catheters
Use of a single catheter for both intravenous and X-ray procedures, resulting in fewer needle sticks to improve patient comfort
PolyOne Corporation, with 2013 revenues of $3.8 billion, is a premier provider of specialized polymer materials, services and solutions.
SEARCH INVESTOR NEWS
https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Microsoft PowerPoint - AVNT Q4 2021 Earnings Presentation (v17) - W PEERS x ESI
AVIENT CORPORATION
F O U R T H Q U A R T E R 2 0 2 1 R E S U L T S
A N D 2 0 2 2 F I N A N C I A L G U I D A N C E
(NYSE: AVNT)
F E B R U A RY 8 , 2 0 2 2
DISCLAIMER
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Purchase price multiple rapidly declining on strength of
business and synergy capture
10
$133
$205
2019PF 2021
10
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.1x
2019PF 2021 2021 w/ Full
Synergies
11.9%
16.2%
2019PF 2021
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
($ millions)
Initial
Synergy
Estimate
2021
Synergy
Realization
Total
Synergies
Expected
Administrative $ 18 $ 29 $ 40
Sourcing 24 20 24
Operational 18 5 21
Total Synergies $ 60 $ 54 $ 85
CLARIANT COLOR INTEGRATION &
COST SYNERGIES UPDATE
11
• Integration going extremely well: synergy target increased to $85 million at December 9th Investor Day
• Relentless focus on guiding principles of safety first, employee collaboration and exceeding customer expectations
• Future revenue synergies are not part of these estimates and represent additional growth over the long term
SUSTAINABILITY FOR A BETTER TOMORROW
• Revenue from sustainable solutions grew
16% in 2021 and expected to grow 8-12% in
2022 as our innovation efforts and
collaboration with customers accelerates
• Investments centered around innovation and
global sustainability megatrends
o Enabling a circular economy –
Technologies that allow for increased use of
post-consumer recycled (PCR) material and
improve recyclability of plastics
o Light-weighting – Composites and CAI
applications to reduce weight and material
requirements, which minimize energy and
carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative
materials to replace lead, PVC, halogens,
BPA and other less eco-friendly options
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
2016 2017 2018 2019 2020PF** 2021
$405M
$455M
$550M
$790M
Revenue From Sustainable Solutions* 2016-2021
$915M
$340M
PEOPLE
C U L T U R E I S E V E R Y T H I N G
Community Service
7x Safer
than Industry Average
World-Class Safety
Leadership Development
Over $16 million
raised since 2010
Diversity & Inclusion
13
Q4 2020 $997 $80
Sustainable Solutions 23 12% 8
Healthcare 53 43% 9
Composites 7 22% 2
Growth in Asia / LATAM 14 10% 3
Other 118 23% 2
Sub-total $1,212 22% $104
Wage Inflation and Overtime (11)
Other Supply Chain Costs (4)
Synergies 9
Incentives, FX, Other Employee Costs (10) (13)
Q4 2021 $1,202 21% $85
Q4 2021 SALES AND OPERATING INCOME
14
Sales Growth Rate
Operating
Income$ millions
Q4 EBITDA BRIDGE
15
Price increases more than
offsets raw material and
supply chain impacts
Q4 2020 $ 118
Demand -
$ millions
CAI:
Price / Mix 62
Inflation (45)
SEM:
Price / Mix 25
Inflation (20)
Distribution:
Price / Mix 114
Inflation (109)
Net Price Benefit 27
Wage Inflation and Overtime (11)
Other Supply Chain Costs (4)
Synergies 9
Incentives, FX, Other Employee Costs (13)
Q4 2021 $ 126
Transportation (5)$
Outdoor High Performance (3)
Other 8
Total Demand -
Q4 2021 SEGMENT PERFORMANCE
16
$526
$581
SEM Distribution
$58
$61
+ 11% + 6%
$305
$425
$18
$22
+ 39% + 22%
$191
$228
$30
$29
+ 19% - 3%
2022 O U TLO O K
REVENUE GROWTH DRIVERS
Growth Drivers
Long-Term
Growth Rate
2022E
Growth Rate
Sustainable Solutions 8–12% 12%
Healthcare 8–10% 10%
Composites 10% 3%
Asia / LATAM 5% 6%
Other (GDP growth) 2–3% 2–3%
Avient 6.5% 6%
18
Excluding Outdoor High Performance 13%
(7.5% excl.
https://www.avient.com/sites/default/files/2020-08/colormatrix-flexcart-overview-2020.pdf
Footprint (LxW cm) 86 x 71 98 x 38 60 x 35 55 x 30 86 x 80
Typical max. throughput (kg/hr) 1000 625 250 50 120
Max. metering rate (cc/s) 10 10 10 1.8 1.25
Continuous use Yes Yes No No Yes
Transfer pumps PC/Peri Peri NA NA PC
Metering pumps PC/Peri PC/Peri PC/Peri Peri PC
Interchangeable cassette Yes Yes Yes No Yes
Typical PlanetPak delivery unit 25L 25L NA 1L 25L
Other delivery packaging IBC/LN Drum/LN LN LN NA
PC PUMP RATE (cc/rev) 0.09 0.28 0.87 2.6 5.2
RECOMMENDED OUTPUT RANGE (g/min) 0.9 to 9 2.8 to 28 8.7 to 87 26 to 260 53 to 520
PC PUMP MAX (g/min) 18 56 174 520 1040
CONTROLLER CMG 3000 FlexG CMG 5000 CMG 6000
Application Injection Molding
Extrusion
Melt Injection
Volumetric/gravimetric V V
(weight data) V/G V/G
Data export/network No Yes Yes Yes
Touch screen No Yes Yes Yes
Multiple log-in levels No No Yes Yes
FlexCart Model S Optional Yes No
Mini Model S No Yes No
Micro Yes No Yes No
Nano Yes No No No
Melt Injection No No No Yes
Choosing a progressive cavity pump for transfer or metering
Choosing the controller
MAKING THE RIGHT CHOICE
Here are the options which should be considered for an informed choice of combinations:
(Note: LN = 3, 5 & 10L molded container PC = Progressing Cavity Pump Peri = Peristaltic Pump)
Avient can provide support and
assistance on every aspect of liquid
color and additive processing.
https://www.avient.com/sites/default/files/2021-11/avient-design-ergonomic-design-guide.pdf
Figure 12: Duration of use
BMC Musculoskeletal Disorders 2021 22:186.
https://doi.org/10.1186/s12891-021-04054-6
Figure 11: Duration of use
Journal of Rehabilitation Medicine, 47 2 (2015): 154-60.
https://doi.org/10.2340/16501977-1897
https://doi.org/10.1186/s12891-021-04054-6
https://doi.org/10.2340/16501977-1897
https://www.semanticscholar.org/paper/Hand-grip-fatigability-in-persons-with-multiple-to-Severijns-Lamers/834a2a4e4665c6e9f3d7513507807314d0214828
Ergonomic Grip Design Guide 11
Pre-production validation of the conceptual design
is paramount in reducing the overall risk of the
program.
The setup was completed by fixing the impact surface of
the hammer and applying a 1g (gravity force = 9.8 m/s/s)
excitation in the X-direction, as shown in Figure 21.
Our design, engineering and technical
services can support every step of your new
product development process.