https://www.avient.com/sites/default/files/resources/Pigment-Nautilus.pdf
AQUARIUS™ SB - WHITE CONCENTRATE
Navigating the seas can be treacherous without a guiding light.
https://www.avient.com/sites/default/files/2024-10/Complet LFT - Moisture Resistant Nylon - Snowmobile Running Board case study.pdf
SNOWMOBILE OEM
R U N N I N G B O A R D
• Strength and stiffness comparable to incumbent aluminum
• Impact resistance at cold temperatures
• Fatigue resistance
• Extended mechanical performance, even with exposure to
water (melted snow)
• Good cosmetic finish with UV resistance
• Tailored a formulation that maintained
performance despite routine moisture exposure
and met customer aesthetic standards to
eliminate the need for decoration
• Guided metal-to-composite conversion and
design to redirect weld lines to non-critical
structural areas, allowing complex geometric
cutouts without post-operation requirements
• Enabled cost reduction through assembly step
simplification
Complēt Moisture Resistant Long Fiber
Reinforced Nylons
KEY REQUIREMENTS
WHY AVIENT
AVIENT SOLUTION
RESIST MOISTURE + METAL CONVERSION
LEARN MORE
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
Consumer
23%
Building &
10%
Transportation
Industrial
16%
Telecom.
19%
Avient: Who We Are
39
22
34
• U.S. and Canada
• Latin America
• Europe, Middle East & Africa
• Asia
25,000+
CUSTOMERS
Headquartered in Avon Lake, OH
(Cleveland)
8,600+ employees
100+ manufacturing plants
Key Financial Data
2021E Sales $4.75 billion
2021E EBITDA $580 million
2021E EPS $3.00
87% of EBITDA from specialty applications
>70%
ARE CUSTOMIZED SOLUTIONS
TO UNIQUE SPECIFICATIONS
of
sales
Avient Corporation 6
46%
66%
87%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2021E
%
o
f A
d
ju
st
ed
E
IT
(1
JVs Performance Products & Solutions Distribution Specialty
7%
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) 2021 includes full synergies from Clariant color acquisition
(2)
Specialty Transformation
Avient Corporation 7
CAI
(1) Financial information is pro forma to include a full year of Clariant Color business acquisition
2.7%
15.2%
17.0%
2006 2019 2021E
1.8%
15.2%
17.6%
2006 2019 2021E
SEM
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant synergy realization
• Investments in composites and outdoor
high performance applications drive
growth and mix improvements
Specialty EBITDA Margin Expansion
Avient Corporation 8
We are a Formulator
CUSTOM
FORMULATION
Avient Corporation 9
Sustainability for a Better Tomorrow
*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
Revenue From Sustainable Solutions* 2016-2021
2016 2017 2018 2019 2020PF** 2021E
$405M
$455M
$550M
$790M
$270
215
170
$930M2021E Sales
Avient Corporation 10
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
$2.21
$2.43
$1.51
$1.69
$1.93
$3.00
2009 2010 2011 2012 2013 2014 2015 2016* 2017* 2018 20182 2019 2020 2021E
Pro Forma for
sale of PP&S
(1): Pro Forma for sale of DSS
(2): Pro Forma for full year of the Clariant Color acquisition
2018(1) (1) (2)
Adjusted EPS Growth
Avient Corporation 11
$133
$205
Clariant Color: Transformational Acquisition
12
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.0x
2019PF 2021E 2021E w/ Full
• 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
• On-track to realize $52 million of expected synergies in 2021
• Acquisition completed on July 1, 2020 for $1.45 billion.
Develop and implement solutions to end plastic
waste while supporting AEPW $1.5B
investment in key initiatives.
2030 Sustainability Targets
27Avient Corporation
Sustainalytics 2021 ESG Risk Ranking
RANK
(1st = lowest risk)
PERCENTILE
(1st – lowest risk)
Chemicals
INDUSTRY
75/449 17th
Specialty Chemicals
SUBINDUSTRY
21/124 17th
ISS November 2021 ESG Scores
SCORE
(1 = Best, 10 = Worst)
Environmental 2
Social 1
Governance 4
28Avient Corporation
Avient ESG Ratings
Products
8 W A Y S W E H E L P C U S T O M E R S
B E M O R E S U S T A I N A B L E
29Avient Corporation
Enabling Customers’
Recycling Goals
R E S O U N D ™ R R E C Y C L E D - C O N T E N T T P E
62%
recycle content
High performance
and quality
Reduce waste with
refillable features
30Avient Corporation
Lightweighting
Commercial Trucks
P O L Y S T R A N D ™ T H E R M O P L A S T I C C O M P O S I T E L A M I N A T E S
60%
Weight reduction in box
truck panels
Improve fuel
economy
100%
recyclable
31Avient Corporation
75%
less water
Enabling Customers to
Conserve Resources, Reduce Waste
R E N O L ™ S P I N D Y E C O L O R I N G M E T H O D
30%
less energy
lower carbon footprint
32Avient Corporation
Sustainability for a Better Tomorrow
*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
Revenue From Sustainable Solutions* 2016-2021
2016 2017 2018 2019 2020PF** 2021E
$405M
$455M
$550M
$790M
$270
215
170
$930M2021E Sales
Avient Corporation 33
The Challenge and the Opportunity
Avient Corporation 34
Plastic is Part of the Solution
PLASTIC ALTERNATIVE PACKAGING (GLASS & ALUMINUM)
Requires…
Avient Corporation 35 Source: Franklin Associates, A Division of Eastern Research Group (ERG)
2x more
6x more
Water
5x more
Weight
2x more
Greenhouse gas
emissions
Brand Owners Goals:
Substantially Increase use of Recycled Materials
10
40
14
25
13
22
35
19
13
18
41
Current Additional share needed to reach 2025 target
Brand Owner 1
Brand Owner 3
Brand Owner 2
Brand Owner 7
Brand Owner 4
Brand Owner 10
Brand Owner 6
Brand Owner 11
Brand Owner 5
Brand Owner 8
Brand Owner 9
Brand Owner 12
Brand Owner 13
Percent recycled plastic used:
(examples and not exhaustive)
(1) Latest year reported.
Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA
Avient reflects 2021 Adjusted EBITDA of $580M and estimated CAPEX of $80M (excludes one-time synergy capture CAPEX of $20M)
High Free Cash Flow Conversion
Avient Specialty
Other Specialty /
Chemical Companies
Avient Corporation 131
16% 15%+
16% 16% 16%
14% 14% 14%
34%
26%
22% 21%
16% 15%
Avient reflects 2021 Adjusted EBITDA of $580M and guided revenue of $4,750M.
https://www.avient.com/products/advanced-composites/continuous-fiber-composite-tape-laminates-and-barstock/gordon-composites-thermoset-laminates-barstock
Thermoset Advanced Composites Product Selection Guide
Product Selection Guide
Product Selection Guide: Thermoset Advanced Composites
https://www.avient.com/sites/default/files/2020-12/adventure-sports-brochure.pdf
Soft-touch thermoplastic elastomers (TPEs)
overmolded onto a lightweight paddleshaft made of
Avient’s advanced composite materials can help add
to the experience and avoid annoyances such
as blisters.
https://www.avient.com/sites/default/files/2023-08/QRG for suppliers on invoicing%5B50%5D.pdf
1
How to create invoices through the
Coupa Supplier Portal (CSP)
Suppliers Guide
For Avient Suppliers
View and Manage Invoices
In order to view your Invoices page, click on the Invoices tab on the main menu.
You will be guided through creating your legal entity.
https://www.avient.com/investor-center/news/polyone-appoints-giuseppe-di-salvo-vice-president-investor-relations-justin-m-hess-vice-president-corporate-controller
Guided by its Core Values, Sustainability Promise and No Surprises PledgeSM,
https://www.avient.com/investor-center/news/polyone-board-elects-dr-patricia-verduin-director
Guided by its Core Values, Sustainability Promise and No Surprises PledgeSM,
https://www.avient.com/investor-center/news/polyone-drives-textile-industry-sustainability-and-innovation-fiber-colorant-technology
Guided by its Core Values, Sustainability Promise and No Surprises PledgeSM,
https://www.avient.com/investor-center/news/polyone-hires-christopher-pederson-president-specialty-engineered-materials
Guided by its Core Values, Sustainability Promise and No Surprises PledgeSM,