https://www.avient.com/sites/default/files/2021-04/gravi-tech-pipe-system-valve-case-study.pdf
THE SOLUTION
Gravi-Tech™ density-modified formulations are unique,
high-density materials developed as thermoplastic-based
alternatives to lead and other traditional metals.
THE IMPACT
Gravi-Tech high-density formulations enabled API to design
and mold a patented, full-opening flapper valve that is not
only unique in the market, but also offers important cost,
performance and environmental advantages over brass
Elimination of lead = increased safety and compliance:
Replacing brass with Gravi-Tech high-density formulations
eliminates health and safety concerns about lead
https://www.avient.com/sites/default/files/2023-03/CycleWorks Solution Bulletin.pdf
It is widely used
to manufacture films, bags, trays, bottles, and
containers, and it has excellent overall properties
such as impact and tensile strength, clarity,
processability, colorability, and durability.
For these reasons plastics for packaging play an
important role in everyday life, however, due to
the high volume and rather short usage life of
plastic packaging items, they require appropriate
management, especially at the end of their life.
ISSUES WITH POST-CONSUMER
RECYCLATES (PCR)
Very often post-consumer recyclates (PCRs) are
not of a good enough quality to withstand efficient
processing, nor can they offer long-term stability for
high-value or high-performance end applications.
https://www.avient.com/investor-center/news/polyone-announces-full-year-and-fourth-quarter-2018-results
Impact on cost of sales
Impact on operating income
Diluted earnings per common share impact
https://www.avient.com/sites/default/files/2025-02/Avient Investor Presentation - February 2025_w_Non-GAAP.pdf
The non-GAAP financial measures include: Organic Performance (which excludes the impact of foreign exchange), Adjusted
Earnings Per Share, Adjusted EBITDA, Adjusted EBITDA margins, Free Cash Flow and Adjusted Free Cash Flow.
All Rights Reserved
2025 6
Intersecting secular trends and high growth markets with
our technologies to create product platforms of scale
Copyright © .
Play bigger and bolder in high growth markets
and portfolios supported by secular trends to
create product platforms of scale
2.
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
We will do so through our investments and focus
on sustainable solutions for high-growth markets, including
healthcare, consumer, packaging and composites.
We
leverage a high-touch, collaborative
customer service model, driving
rapid customer response and
customization.
https://www.avient.com/knowledge-base/article/polymer-services-frequency-asked-questions
The product doesn’t break from temperature fluctuations, exposure to moisture, or impact/drops
The impact strength, surface finish and warpage are not inherently good.
Finite Element Analysis (FEA)
Virtually simulates how an application will perform in real-world conditions with a high level of precision.
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2018-results
Impact on cost of sales
Impact on operating income
Diluted earnings per common share impact
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2023-results
Impact on cost of sales
Impact on operating income
Diluted earnings per common share impact
https://www.avient.com/sites/default/files/2024-10/Avient CDP Climate Change %26 Water Submission 20241001.pdf
The prioritized risks are reviewed annually with executive management and other relevant internal stakeholders through heat-
maps that represents the low, medium, and high (impact) areas of risk.
For high impact risks, ERM risk owners are assigned to actively manage the risk.
The data
provided is for sites in High and Extremely High stress areas
[Fixed row]
(9.2.7) Provide total water withdrawal data by source.
https://www.avient.com/sites/default/files/2023-03/AVNT Q2 2022 Earnings Presentation - Website Version.pdf
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases.
S E C O N D Q U A R T E R 2 0 2 2
R E S U L T S
$122
$134
2021 2022
$0.87
$0.98
2021 2022
Q2 2022 PERFORMANCE
( T O TA L C O M PA N Y )
4
Sales Adjusted Operating Income
$1,235
$1,302
2021 2022
+ 5%
Adjusted EPS
+ 10% + 13%
(in millions) (in millions)
(+ 10% excluding FX) (+ 16% excluding FX) (+ 20% excluding FX)
Q2 2022 SEGMENT PERFORMANCE
5
CAI
$624
$649
Sales
($ in millions)
SEM Distribution
$86
$94
Operating Income
+ 4% + 9%
$404
$443
Sales
$24
$27
Operating Income
+ 10% + 13%
(1)
$241 $244
Sales
$37 $37
Operating Income
+ 1% Flat
(+ 10% excluding FX) (+ 16% excluding FX) (+ 6% excluding FX) (+ 3% excluding FX)
Q2 2021 $1,235 $122
Sustainable Solutions 17 7% 7
Healthcare 23 14% 5
Composites (ex Outdoor High Performance) 10 20% 4
Growth in Asia / LATAM 5 3% 1
Other 69 11% 5
Sub-total $1,359 10% $144
Outdoor High Performance Impact (9) (5)
Wage Inflation and Overtime (7)
Other Supply Chain Costs (2)
Clariant Color Integration Synergies 7
Incentives, Other Employee Costs 4
FX (48) (7)
Q2 2022 $1,302 5% $134
Q2 2022 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
6
Sales Growth Rate
Adjusted
Operating
Income$ millions
Adjusted
EBITDA
Q2 EBITDA BRIDGE
7
Price increases more than
offsets raw material and
supply chain impacts
Q2 2021 $ 159
Demand (29)
$ millions
CAI:
Price / Mix 87
Inflation (58)
SEM:
Price / Mix 36
Inflation (24)
Distribution:
Price / Mix 45
Inflation (41)
Net Price Benefit 45
Wage Inflation and Overtime (7)
Other Supply Chain Costs (2)
Clariant Color Integration Synergies 7
Incentives, Other Employee Costs 4
FX (7)
Q2 2022 $ 170
China Lockdowns / Russia Impact $ (14)
Outdoor High Performance (5)
Transportation (5)
8
Q2 '21 Adjusted EPS 0.87$
Color, Additives and Inks 0.11
Specialty Engineered Materials 0.01
Distribution 0.03
Corporate Costs 0.01
F/X (0.05)
Segment OI 0.11$
Interest Expense 0.03
Tax Rate (0.03)
Q2 '22 Adjusted EPS 0.98$
Q2 EPS BRIDGE
Key Updates
• Provided progress on 2030 Sustainability Goals
• Emphasized commitment to U.N.
However, these
impacts have moderated as of late.