https://www.avient.com/sites/default/files/2023-01/Carbon Footprint Infographic.pdf
company-owned vehicles, process
emissions, and on-site heating)
Scope 2: Indirect emissions from
purchased indirect sources, such
as the production of electricity and
steam for an organization’s use
Scope 3: Indirect emissions from
sources up and down the supply
chain, including materials,
transportation of goods, and the
processing, use, and end-of-life
treatment of sold products
Cradle-to-Gate: Carbon impact of a
product from raw materials and
product manufacturing
Cradle-to-Grave: Carbon impact
and analysis across the entire life
cycle of a product from raw materials
to disposal
© 2023 Avient • www.avient.com • 1.844.4AVIENT
Raw Materials
Supply Chain
UNDERSTANDING CARBON FOOTPRINT
CO2e
Transportation
End-of-Life
Treatment
Processing
of Goods
Use of
Products
Transportation
Chemical
Processing
Cradle-to-Gate (B2B)
Cradle-to-Grave (B2C)
SCOPE 3
INDIRECT
SCOPE 3
INDIRECT
Electricity
Steam
Company
Facilities
Company-Owned
Vehicles
SCOPE 1
DIRECT
SCOPE 2
INDIRECT
Reporting CompanyUpstream
https://www.avient.com/sites/default/files/2024-03/Nymax _ Nymax REC Processing Guide.pdf
Only naturally balanced runner systems (“H” pattern) are recommended.
3.
Place cold slug wells at every 90° bend in the runner system.
3.
All vents need to be vented to atmosphere.
3.
https://www.avient.com/sites/default/files/2023-05/AVNT Q1 2023 Earnings Presentation.pdf
AVIENT CORPORATION
F I R S T Q U A R T E R 2 0 2 3 R E S U L T S
(NYSE: AVNT)
M A Y 3 , 2 0 2 3
D I S C L A I M E R
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
F X )
-10%
-11%
-3%
-12%
10
US & Canada
Latin America
EMEA
Asia
Avient ex.
vehicles to be 100% electric by 2032
Where Avient Wins:
Lightweight panels that establish both
strength and stiffness resulting in
decreased energy usage, lower emissions
Long-lasting Color applications to resist
UV exposure, temperature fluctuations
and exceed the stylistic requirements of
global automakers
14
$130
$530
Q2 FY
$0.60
$2.40
Q2 FY
2023 GUIDANCE
15
Sales Adjusted EBITDA
$845
$3,400
Q2 FY
Adjusted EPS
(in millions) (in millions)
CA SH FLOW / LEV ER AGE
16
• Maintaining free cash flow
and leverage guidance from
February earnings call
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Restructuring actions to
streamline operations and
improve profitability,
primarily in Europe
($ millions) 2023E
Cash Flow from Operating Activities 350$
Less:
Run-Rate CapEx (110)
CapEx for IT System Upgrade (25)
CapEx for Restructuring (15)
Total CapEx (150)
Free Cash Flow 200$
Adjusted EBITDA 530$
Net Debt / Adjusted EBITDA 2.9x
LONG-TERM REVENUE GROWTH DRI VERS
Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites 10%
Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
17
Sustainable
Solutions
32%
Asia / LATAM
15%
Composites
8%
Healthcare
6%
Other (GDP
Growth)
39%
• Virtual presentation to be held
September 20, 2023
• The company will be
conducting an investor-focused
presentation around our
sustainability solutions portfolio
Avient Confidential 18
SUSTAINABILITY
INVESTOR DAY
18
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
SUSTA INAB ILITY F OR A BETTER TOMOR ROW
Revenue From Sustainable Solutions* 2016-2022
($ in millions)
Organic Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
19
*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
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
$1,175M
Lightweighting
Eco-Conscious
Recycle Solutions
VOC Reduction
Sustainable Infrastructure
Human Health & Safety
Reduced Energy Use
Bio-polymers
SUSTA INAB ILITY NEEDS BY M ARKET
B&C
• Eco-Conscious
• Carbon footprint
• Resource
conservation
Healthcare
• Carbon footprint
• Bio based content
• Eco-Conscious
Automotive
• Light weighting
• Recycled Content
• VOC reduction
Consumer
• Recycle Solutions
• Light weighting
• Carbon Footprint
Packaging
• Recycle Solutions
• Light weighting
• Food waste
reduction
Common Theme: CO2 Emission Goals
Increasing Single-Use Plastic Regulation
20
I NV ESTI NG
I N INNOVATI ON
S U S T A I N A B I L I T Y P O R T F O L I O
21
A P P E N D I X
24
RAW MATERIAL 2022 ANNUAL PURCHASES
Performance
Additives
16%
Pigments
12%
TiO2
10%
Dyestuffs
2%
Polyethylene
11%
Nylon
6%
Polypropylene
5%
Styrenic Block
Copolymer
5%
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
• Cost inflation
decelerating,
particularly for
hydrocarbon-based
raw materials
2022 pro forma results for the acquisition of Avient Protective Materials
SEGMENT DATA
U.S. & Canada
40%
EMEA
37%
Asia
18%
Latin America
5%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
20%
Packaging
24%
Industrial
15%
Building and
Construction
10%
Telecommunications
4%
Energy
4%
Defense
6%
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
Transportation
9%
Healthcare
8%
26
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
C O L O R , A D D I T I V E S & I N K S
2 0 2 2 R E V E N U E | $ 2 . 4 B I L L I O N
US & Canada
34%
EMEA
38%
Asia
20%
Latin America
8%
END MARKET REGION
27
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
15%
Transportation
8%
Building &
Construction
11%
Telecommunications
1% Energy
2%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
2 0 2 2 P R O F O R M A R E V E N U E | $ 1 . 3 B I L L I O N
END MARKET
US & Canada
52%
EMEA
35%
Asia
13%
REGION
28
Packaging
5%
Consumer
19%
Healthcare
8%Industrial
16%
Transportation
10%
Telecommunications
10%
Energy
9% Defense
15%
Building &
Construction
8%
Packaging
32%
Consumer
27%
Healthcare
8%
Industrial
14%
Building &
Construction
5%
Telecommunications
3%
Energy
1% Defense
1%
Asia
(18% of sales)
Transportation
9%
2 0 2 2 P R O F O R M A AV I E N T R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
27%
Consumer
14%
Healthcare
5%
Industrial
17%
Building &
Construction
10%
Energy
5%
Defense
8%
EMEA
(37% of sales)Transportation
11%
Packaging
13%
Consumer
24%
Healthcare
12%
Industrial
15%
Building &
Construction
13%
Energy
5%
Defense
5%
US &
Canada
(40% of sales)
Transportation
7%
Packaging
56%
Consumer
23%
Healthcare
4%
Industrial
7%
Building &
Construction
4%
Telecommunications
1%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
3%
Telecommunications
6%
29
PEER COMPARISONS
AV I E N T I S A S SE T L I G H T
Capex / Revenue
2023E (%)
Avient Specialty
Formulators
Other Specialty /
Chemical Companies
Source: Peer data per Bloomberg as of April 28, 2023
Note: Avient reflects 2023 estimated revenue of $3,400 and estimated run-rate CAPEX of $110M.
31
3
2
3
3
4 4
3
3
5 5
5
6
7
9
A
vi
e
n
t
K
W
R
P
P
G
F
U
L
R
P
M
A
V
Y
F
M
C
H
U
N
H
X
L
C
E
E
C
L
A
S
H
E
M
N
S
C
L
F R E E C A S H F LOW C O N V E R S I O N
Source: Peer data per Bloomberg as of April 28, 2023
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/sites/default/files/2024-11/Ballistic Panel Infographic.pdf
Shots
Composite
Panel
Nominal
Thickness
Nominal
Weight
Level 1
9mm full metal
copper jacket
with lead core
1175 ft/sec
358 m/sec
3
GlasArmor™
Level 1
0.256 in
6.5 mm
2.7 lb/ft2
13.2 kg/m2
Level 2
.357 magnum
jacketed head
soft point
1250 ft/sec
381 m/sec
3
GlasArmor™
Level 2
0.384 in
9.8 mm
4.0 lb/ft2
19.5 kg/m2
Level 3
.44 magnum lead
semi-wadcutter
gas checked
1350 ft/sec
411 m/sec
3
GlasArmor™
Level 3
0.500 in
12.7 mm
5.2 lb/ft2
26.4 kg/m2
ThermoBallistic™
Level 3
0.440 in
11.2 mm
3.9 lb/ft2
19.0 kg/m2
P
R
O
TE
CT
IO
N
L
EV
EL
S
Level 4–8: Customized solutions available, contact Avient to learn more.
Characteristic
GlasArmor
Thermoset
Panels
ThermoBallistic
Thermoplastic
Panels
Steel Concrete
Performance-to-Weight
Bullet Resistance – Pistols
Bullet Resistance – Rifles NA1
Temperature Performance 2
UV Resistance 3
Electrical Conductivity
Flame Retardance 5 4
Ease of Installation
1 Ballistic resistance to rifle fire can be achieved by layering
ThermoBallistic and GlasArmor panels – contact Avient
2 ThermoBallistic panels made with polypropylene resin systems
3 UV resistance is achieved using surface polymeric films
4 Flame retardant additives can be incorporated upon request under
some circumstances
5 Fire rated for 1-hour per ASTM E-119-09c when tested in an interior
wall system
Compare
the
different
materials
used for
ballistic
protection
https://go.avient.com/BallisticProtection?
https://www.avient.com/sites/default/files/2021-12/avient-sarl-hungary-branch-register-extract-2021-12-07.pdf
Abbreviated name of the company
3/2.
Seat of the company
5/1. 9027 Győr, Mandulafa sor 3.
Start of legal relationship: 2018/07/04
Date of registration: 2018/08/21 Published: 2018/08/23
Effective: 2018/08/21 ...
3/3.
https://www.avient.com/sites/default/files/2022-04/Avient Q1 2022 Earnings Release.pdf
The company noted that GAAP EPS includes special items (Attachment 3), which
impacted EPS in both periods.
See Attachment 3 for a definition and summary of special items.
See Attachment 3 for a definition and summary of special items.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_Elastomers_with_Universal_Bonding_Characteristics.pdf
TPE-1B peel adhesion
0
1
2
3
4
5
P
ee
l s
tr
en
g
th
:
N
/m
m
190C 205C
220C 235C
D040W6 Lexan 141 Cycolac NA1000
4 . 3
4 . 1
4 . 0
3 . 8
2 . 9
3 . 3
3 . 1
2 . 8 2 . 8 2 . 9 2 . 8
2 . 4
Figure 6.
TPE-1B peel adhesion
0
1
2
3
4
5
P
ee
l s
tr
en
g
th
:
N
/m
m
25mm/sec 38mm/sec
51mm/sec 64mm/sec
D040W6 Lexan 141 Cycolac NA1000
2 . 9
2 . 92 . 92 . 93 . 1
3 . 8
4 . 04 . 0
3 . 8
2 . 82 . 82 . 8
8
Figure 8.
T e ns ile S t re ngt h 3 0 0 % m o d.
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
W H O W E A R E – V I S I O N , S T R AT E G Y, C U LT U R E
3
Avient Corporation (NYSE: AVNT) provides
specialized and sustainable material solutions that
transform customer challenges into opportunities,
bringing new products to life for a better world.
This
innovation drives performance and is
reflective of consistent, strategic
investments in technology and people
Clariant Color business
acquired July 1, 2020
1
1
2
3
5
7
7
7
9
10
30
40
14
25
13
22
35
9
19
13
18
41
Current Additional share needed to reach 2025 target
B R A N D O W N E R S C O M M I T T E D TO I N C R E A S I N G
U S E O F R E C YC L E D M AT E R I A L S
14
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)
(1) Latest year reported.
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
31
Capex / Revenue
2021E (%)
AV I E N T I S A SS E T L I G H T
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
2
3
1
2
3 3
3
4
3 3
4
5 5
5
6
9
A
vi
e
n
t
A
vi
e
n
t
(E
xc
l.
https://www.avient.com/sites/default/files/2024-07/Ballistic Resistant Composite Panels Product Selection _ Install Guide.pdf
Shots Composite Panel
Nominal
Thickness
Nominal
Weight
Level
1
9mm full metal
copper jacket
with lead core
1175 ft/sec
358 m/sec
3
GlasArmor
Level 1
0.256 in
6.5 mm
2.7 lb/ft2
13.2 kg/m2
Level
2
Level
II-A
.357 magnum
jacketed
lead soft point
1250 ft/sec
381 m/sec
3
GlasArmor
Level 2
0.384 in
9.8 mm
4.0 lb/ft2
19.5 kg/m2
Level
3
Level
III-A
.44 magnum lead
semi-wadcutter
gas checked
1350 ft/sec
411 m/sec
3
GlasArmor
Level 3
0.500 in
12.7 mm
5.1 lb/ft2
24.9 kg/m2
ThermoBallistic
Level 3
0.440 in
11.2 mm
3.9 lb/ft2
19.0 kg/m2
Level
4
.30 cal. rifle lead core
2450 ft/sec
747 m/sec
1
Customized solutions
are available.
Be sure to wear
appropriate safety equipment including safety
glasses and dust masks when fabricating.
3.
When
covering a sensitive substructure such as glass,
shim the panels 3/8 inch (9.5 mm) to prevent
impact shock damage.
8.
https://www.avient.com/sites/default/files/2021-05/constancia-de-situacion-fiscal-avient.pdf
Página [1] de [3]
CEDULA DE IDENTIFICACION FISCAL
PMS190904JZ1
Registro Federal de Contribuyentes
AVIENT COLORANT SOLUTIONS
MX
Nombre, denominación o razón
social
idCIF: 19090104984
VALIDA TU INFORMACIÓN
FISCAL
CONSTANCIA DE SITUACIÓN FISCAL
Lugar y Fecha de Emisión
ECATEPEC DE MORELOS , MEXICO A 18 DE MAYO
DE 2021
PMS190904JZ1
Datos de Identificación del Contribuyente:
RFC: PMS190904JZ1
Denominación/Razón Social: AVIENT COLORANT SOLUTIONS MX
Régimen Capital: SOCIEDAD DE RESPONSABILIDAD LIMITADA DE CAPITAL VARIABLE
Nombre Comercial: AVIENT COLORANT SOLUTIONS MX
Fecha inicio de operaciones: 04 DE SEPTIEMBRE DE 2019
Estatus en el padrón: ACTIVO
Fecha de último cambio de estado: 04 DE SEPTIEMBRE DE 2019
Datos de Ubicación:
Código Postal:55540 Tipo de Vialidad: CALLE
Nombre de Vialidad: PLASTICOS Número Exterior: 28
Número Interior:B-102 Nombre de la Colonia: SANTA CLARA COATITLA
Nombre de la Localidad:
Nombre del Municipio o Demarcación Territorial: ECATEPEC DE
MORELOS
Nombre de la Entidad Federativa: MEXICO Entre Calle: CANAL DE RISCO
Y Calle: AVENIDA VIA MORELOS Correo Electrónico: caio.zuccarelli@clariant.com
Tel.
Móvil Lada: 044 Número: 5578657254
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Actividades Económicas:
Orden Actividad Económica Porcentaje Fecha Inicio Fecha Fin
1 Servicios de consultoría en administración 100 04/09/2019
Regímenes:
Régimen Fecha Inicio Fecha Fin
Régimen General de Ley Personas Morales 04/09/2019
Obligaciones:
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Pago definitivo mensual de IVA.
Cadena Original Sello: ||2021/05/18|PMS190904JZ1|CONSTANCIA DE SITUACIÓN FISCAL|200001088888800000031||
Sello Digital: ZdHJjgtMx1zfaMTEd5detknfgJSmyR0w5xOeaE+fPEJIXG4dhEPwNeDejKQMDjrMtvqa0/9LfIHUO5+TLWy48zVP
6X5I+MgGmmO9rpUv7Ak9/0PjendAtGzcD3VkgsFhaHoBiKnXweDYrLCrEHwN/T4l1kq0iwii08WlbEU3uC4=
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