https://www.avient.com/resource-center/knowledge-base/article/should-polymers-be-used-instead-aluminum-advanced-driver-assistance-system-housings
The simple answer is yes – specialty polymers can protect sensitive ADAS electronics – but with greater design freedom and less weight than aluminum.
Yes, specialty polymer formulations are a proven path to lighter weight and easier processing versus aluminum.
Damage from static electricity – Your electronics need protection from static buildup – specialty thermoplastics can be formulated to do a better job of dissipating unwanted static and therefore minimize the potential for damage to nearby electrical components.
https://www.avient.com/investor-center/news/avient-announces-third-quarter-2023-results
Specialty Engineered Materials
Specialty Engineered Materials
Specialty Engineered Materials
https://www.avient.com/investor-center/news/avient-announces-second-quarter-2020-results
Specialty Engineered Materials
Specialty Engineered Materials
Specialty Engineered Materials
https://www.avient.com/sites/default/files/2024-12/Complet PKE Product Bulletin.pdf
Helping to improve sustainability over the end- product lifecycle, Complēt PKE formulations offer a reduced carbon footprint as a result of the base resin.
KEY CHARACTERISTICS • Chemical resistance • Maintaining high impact performance at low temperatures • Low moisture uptake • Dimensional stability comparable to nylon • Higher impact resistance than short fiber alternatives • Eco-conscious alternative to nylons • More cost-effective solution than specialty nylons • Available in non-PFAS* formulations to achieve UL 94 V-0 flame rating at 1.5 mm MARKETS & APPLICATIONS These materials are for use in applications traditionally made of metal requiring moisture, chemical and cold impact performance requirements, including: • Industrial – pipes, tubing, fluid management • Electrical & Electronics – connectors, battery components, battery housings • Transportation – under-the-hood fuel/ chemical contact components, non-structural interior components • Oil & Gas – fuel pump components, fuel doors PRODUCT BULLETIN * Non-PFAS flame-retardant (FR) grades are manufactured without intentionally added PFAS-based raw materials.
https://www.avient.com/resource-center/knowledge-base/case-study/lightweighting-commercial-trucks-and-trailers?ind%5B0%5D=6601
These tapes and laminates combined high strength, unidirectional fibers and engineered thermoplastic resins to help reduce weight while maintaining exceptional strength and impact resistance.
https://www.avient.com/resource-center/knowledge-base/case-study/lightweighting-heavy-trucks?rtype%5B0%5D=1124
These tapes and laminates combined high strength, unidirectional fibers and engineered thermoplastic resins to help reduce weight while maintaining exceptional strength and impact resistance.
https://www.avient.com/resource-center/knowledge-base/case-study/lightweighting-heavy-trucks?sust%5B0%5D=1165
These tapes and laminates combined high strength, unidirectional fibers and engineered thermoplastic resins to help reduce weight while maintaining exceptional strength and impact resistance.
https://www.avient.com/resource-center/knowledge-base/case-study/lightweighting-commercial-trucks-and-trailers?pname%5B0%5D=10716
These tapes and laminates combined high strength, unidirectional fibers and engineered thermoplastic resins to help reduce weight while maintaining exceptional strength and impact resistance.
https://www.avient.com/resource-center/knowledge-base/case-study/lightweighting-commercial-trucks-and-trailers
These tapes and laminates combined high strength, unidirectional fibers and engineered thermoplastic resins to help reduce weight while maintaining exceptional strength and impact resistance.
https://www.avient.com/sites/default/files/2023-05/AVNT Q1 2023 Earnings Presentation.pdf
Avient Specialty Formulators Other Specialty / Chemical Companies 2023E(%) 32 79 87 83 81 76 73 90 79 77 76 73 69 60 22 A vi en t K W R P P G F U L A V Y R P M F M C C E H X L A S H E C L H U N E M N S C L MULTIPLE EXPANSION Avient Specialty Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of April 28, 2023 Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.51.
Further, as a result of Avient's portfolio shift to a pure play specialty formulator, it has completed several acquisitions and divestitures which have resulted in a significant amount of intangible asset amortization.
Three Months Ended March 31, 2023 Three Months Ended March 31, 2022 Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS Net income from continuing operations attributable to Avient shareholders $ 20.8 $ 0.23 $ 64.4 $ 0.70 Special items, after tax 22.3 0.24 6.4 0.07 Amortization expense, after-tax 15.1 0.16 $ 10.8 $ 0.12 Adjusted net income / EPS $ 58.2 $ 0.63 $ 81.6 $ 0.89 Three Months Ended March 31, Reconciliation of Pro Forma Sales 2023 2022 Sales $ 845.7 $ 892.2 APM pro forma adjustments — 94.9 Pro forma sales $ 845.7 $ 987.1 1 Three Months Ended March 31, Reconciliation to EBITDA and Adjusted EBITDA: 2023 2022 Net income from continuing operations – GAAP $ 21.3 $ 64.7 Income tax expense 7.7 20.0 Interest expense, net 28.8 16.9 Depreciation and amortization 50.5 37.6 EBITDA from continuing operations $ 108.3 $ 139.2 Special items, before tax 27.3 6.7 Depreciation and amortization included in special items (1.8) (2.1) Adjusted EBITDA $ 133.8 $ 143.8 Pro forma APM adjustments — 32.0 Pro forma adjusted EBITDA $ 133.8 $ 175.8 Pro forma adjusted EBITDA as a % of sales 15.8 % 17.8 % Three Months Ended March 31, 2023 2022 Sales: Color, Additives and Inks $ 537.0 $ 649.5 Specialty Engineered Materials 309.7 243.1 Corporate (1.0) (0.4) Sales $ 845.7 $ 892.2 Operating income: Color, Additives and Inks $ 65.6 $ 94.5 Specialty Engineered Materials 43.1 38.3 Corporate (51.6) (30.6) Operating income $ 57.1 $ 102.2 Depreciation & amortization: Color, Additives and Inks $ 25.8 $ 26.0 Specialty Engineered Materials 21.2 7.8 Corporate 3.5 3.8 Depreciation & Amortization $ 50.5 $ 37.6 Earnings before interest, taxes, depreciation and amortization (EBITDA): Color, Additives and Inks $ 91.4 $ 120.5 Specialty Engineered Materials 64.3 46.1 Corporate (48.1) (26.8) Other income (expense), net 0.7 (0.6) EBITDA $ 108.3 $ 139.2 2 AVNT Q1 2023 Earnings Presentation v2 AVNT Q1 2023 Earnings Presentation 5.2 221pm IR Deck - AVNT-2023.03.31 (002).pdf