https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
In a year with little to no macroeconomic momentum to help drive growth, it would have been easy to sacrifice our long-term prospects for short-term rewards.
POLYONE CORPORATION Note 5 — FINANCING ARRANGEMENTS Total debt consisted of the following: As of December 31, 2016 (In millions) Principal Amount Unamortized discount and debt issuance cost Net debt Senior secured term loan due 2022 $ 644.0 $ 8.7 $ 635.3 5.250% senior notes due 2023 600.0 7.1 592.9 Other debt (1) 30.1 — 30.1 Total long-term debt $ 1,274.1 $ 15.8 $ 1,258.3 Less short-term and current portion of long-term debt 18.5 — 18.5 Total long-term debt, net of current portion $ 1,255.6 $ 15.8 $ 1,239.8 As of December 31, 2015 (In millions) Principal Amount Unamortized discount and debt issuance cost Net debt Senior secured term loan due 2022 $ 550.0 $ 8.6 $ 541.4 5.250% senior notes due 2023 600.0 8.3 591.7 Other debt (1) 13.5 — 13.5 Total long-term debt $ 1,163.5 $ 16.9 $ 1,146.6 Less short-term and current portion of long-term debt 18.6 — 18.6 Total long-term debt, net of current portion $ 1,144.9 $ 16.9 $ 1,128.0 (1) Other debt includes capital lease obligations of $17.8 million and $0.4 million as of December 31, 2016 and 2015, respectively.
The expected long-term rate of return on pension assets was determined after considering the historical and forward looking long-term asset returns by asset category and the expected investment portfolio mix.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Morgan%2520Stanley%2520Conference.pdf
In addition, operating income before special items and adjusted EPS are components of various PolyOne annual and long-term employee incentive plans. • A reconciliation of each non-GAAP financial measure with the most directly comparable GAAP financial measure is attached to this presentation which is posted on our website at www.polyone.com.
V I S I O N PolyOne Corporation 4 To be the world’s premier provider of specialized polymer materials, services and solutions C O R E V A L U E S P E R S O N A L V A L U E S Honesty IntegrityRespect Operational Excellence Commercial Excellence Specialization Globalization Collaboration ExcellenceInnovation To be the world’s premier provider of specialized polymer materials, services and solutions S A F E T Y F I R S T PolyOne Corporation 5 1.3 1.1 1.1 0.85 0.65 0.57 0.54 0.97 0.84 0.74 0.74 0.69 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Injuries per 100 Workers Spartech Acquisition PolyOne Corporation 6 P O L Y O N E 2 0 1 7 R E V E N U E | $ 3 . 2 B I L L I O N Transportation 18% Industrial 16% Consumer 12% Packaging 11% Healthcare 11% Wire & Cable 9% Appliance 5% United States 59% Europe 14% Asia 10% Latin America 9% Canada 8% PolyOne Distribution 34% Performance Products & Solutions 21% Specialty Engineered Materials 19% Color Additives & Inks 26% Segment End Market Geography Building & Construction 12% Electrical & Electronics 6% 2009 2010 2011 2012 2013 2014 2015 2016* 2017* P R O O F O F P E R F O R M A N C E C O N S E C U T I V E Y E A R S PolyOne Corporation 7 8 $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 $1.96 $2.06 $2.21 *Pro Forma for sale of DSS 2006 2017 “Where we were” “Where we are” ROIC** 5.0% 14.0% Operating Income % of Sales Color, Additives & Inks 1.7% 15.5% Specialty Engineered Materials 1.1% 12.1% Performance Products & Solutions 4.3% 10.7% Distribution 2.6% 6.3% **ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period A D J U S T E D E P S E X P A N S I O N S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H PolyOne Corporation 8 P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E Double digit annual EPS growth Expand specialty portfolio with strategic acquisitions Innovate and develop new technologies and services Repurchase 600K-1M shares annually Increase commercial resources 6-8% annually Double acquired company margins Enhance efficiencies through Lean Six Sigma and commercial excellence 531 680130 153 504 618 2014 Q1 2018 R&D / Technical Marketing Sales PolyOne Corporation 9 Increased commercial headcount + 28% + 18% + 23% Generating opportunities 35% more sales calls 25% more marketing campaigns 1,000 new customers, expanding customer base by 5% $1.0B increase in new opportunities Enhancing efficiency 8% reduction of average territory size, enabling greater customer focus 20% more prospecting calls I N V E S T M E N T I N COMMERCIAL RESOURCES D R I V I N G G R O W T H Lead Specialists T H E E V O L V I N G C U S T O M E R R E L A T I O N S H I P PolyOne Corporation 10 Expanded Path Traditional Path Strategic Accounts/ Field Sales Business Development Customer Service Web and Social Media Inside Sales PolyOne Corporation 11 Investments in digital and dedicated inside sales to improve customer experience 80% increase in leads (from 6,000 to 11,000) driven by website, phone, and online chat EXPANDED PATH A D D I N G C U S T O M E R T O U C H P O I N T S 4 21 2014 2017 Inside sellers $11M $88M 2014 2017 Inside sales/digital revenue N E W R E S O U R C E S F U E L I N G T H E F U T U R E PolyOne Corporation 12 P O L Y O N E S A L E S F U N N E L +34% 2014 $3.0 billion 2017 $4.0 billion A L I G N I N G W I T H T R E N D S F O R G R O W T H T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R PolyOne Corporation 13 Facilitate alternative energy solutions Light- weighting Reduce packaging materials Improve recyclability Reduce spread of infection I N N O V A T I O N PolyOne Corporation 14 Customization 55% M&A 30% Innovation Pipeline 15% Innovation comes from Research & Development Spend ($ millions) Vitality Index % of sales from products launched last 5 years 12% 38% 2006 2017 $20 $52 2006 2017 Transformational Opportunity for Growth Through M&A Adjacent Opportunity for Growth Through New Product Pipeline Core Customization 3 H O R I Z O N S O F D E V E L O P M E N T PolyOne Corporation 15 Incremental development from existing base of technology New development adjacent to current technology New technology development outside of and with our current base Service adjacent markets and customers Create new markets, target new customer needs Service existing markets and customers Market Technical I N N O V A T I O N Non-Halogen Flame Retardants Barrier Technologies Fiber Colorants Advanced Composites Thermoplastic Elastomers Gordon Composites/ Polystrand – Composites GLS – Thermoplastic Elastomers ColorMatrix – Liquid Color & Additives I N N O V A T I O N P I P E L I N E PolyOne Corporation 16 PrototypeFrame Opportunity Scale-up & Test Market Build Business Case Commercial Launch (since 2015) Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 8 5 6 2 1 15 4 10 5 11 4 5 7 Breakthrough Platform Derivative Number of Projects 26 16 20 15 2 79 Total Addressable Market ($ millions) - - $1,230 $1,170 $440 $2,840 F L A M E R E T A R D A N T P O L Y M E R S A D V A N C E D C O M P O S I T E S B A R R I E R M A T E R I A L S C O L O R A N T T E C H N O L O G I E S T H E R M O P L A S T I C E L A S T O M E R S I N N O V A T I O N S P O T L I G H T : C O M P O S I T E S PolyOne Corporation 17 C O M P O S I T E S R E F R E S H E R PolyOne Corporation 18 Fiber Polymer Composite Strength Design Flexibility Continuous Fiber Thermoset Composites Short Glass Fiber Thermoplastics Continuous Fiber Thermoplastic Composites Long Glass Fiber Thermoplastics S T R A T E G I C I N V E S T M E N T H I S T O R Y PolyOne Corporation 19 Acquired Polystrand Installed LFT production Avon Lake Long Fiber Thermoplastic (LFT) Technology Installed LFT production Barbastro, Spain Acquired Glasforms Acquired Gordon Composites Thermoplastic Composites Long Fiber Reinforced Thermoplastics Continuous Fiber Thermosets 2010 2012 2015 2016 20162009 20122011 2014 C O M P O S I T E S I N T R A N S P O R T A T I O N PolyOne Corporation 20 W A T E R C R A F TR A I L H E A V Y T R U C K Bulkheads and Transoms Ceilings and Hatches Doors and Cabinetry Flooring Door Panels Side Walls Flooring & Side Panels Aerodynamic Fairings Seat and Bunk Reinforcements PolyOne Corporation 21 Safety Technology Geography Service FinancialPeople Low EH&S risk profile New and complementary technologies Leverage our global footprint Strong customer relationships Foundational operating margins of 8-10% with ability to double Motivated team with a specialty culture I N V E S T - T O - G R O W M & A S T R A T E G Y PolyOne Corporation 22 Capture sourcing synergies Cross-sell & blend technology 8-10% operating margins I N V E S T - T O - G R O W M & A P L A Y B O O K Protect customers Retain employees Implement LSS to drive efficiency improvements Innovate with combined portfolio Safety First!
Tax adjustments include the net tax (expense) benefit from one-time income tax items, the set-up or reversal of uncertain tax position reserves and deferred income tax valuation allowance adjustments. 2 Adjusted EBITDA and net debt to adjusted EBITDA is calculated as follows: (In millions) Year Ended December 31, 2017 Income from continuing operations, before income taxes $ 212.3 Interest expense, net 60.8 Depreciation and amortization 82.8 Special items impact on income from continuing operations, before income taxes(1) 32.9 Adjusted EBITDA $ 388.8 Senior secured revolving credit facility $ 56.5 Senior secured term loan due 2022 637.5 Total Secured Debt 694.0 Less: Cash and cash equivalents (243.6) Net Secured Debt $ 450.4 Short-term and current portion of long-term debt $ 32.6 Long-term debt 1,290.9 Total Debt 1,323.5 Less: Cash and cash equivalents (243.6) Net Debt $ 1,079.9 Total Secured Debt / Adjusted EBITDA 1.8 Net Secured Debt / Adjusted EBITDA 1.2 Total Debt / Adjusted EBITDA 3.4 Net Debt / Adjusted EBITDA 2.8 (1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; mark-to-market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-recurring items; the effect of changes in accounting principles or other such laws or provisions affecting reported results and tax adjustments.
https://www.avient.com/sites/default/files/resources/Polyone%2520AR.pdf
Specializing in long-fiber reinforced thermoplastics, PlastiComp's results are reported in the Specialty Engineered Materials segment.
PlastiComp), who specializes in long- fiber reinforced thermoplastics.
The expected long-term rate of return on pension assets was determined after considering the historical and forward looking long-term asset returns by asset category and the expected investment portfolio mix.
https://www.avient.com/sites/default/files/2022-04/Edgetek PKE Processing Guide.pdf
BARREL TEMPERATURES ENGLISH (°F) METRIC (°C) COMMENTS Zone 1 - Rear 420° F 460° F 216° C 238° C Long residence times are not advised.
Screw Speed Low–moderate Injection Velocity 1–3 inch per second Back Pressure Low–moderate Pack Pressure 60–80% of max injection pressure Hold Pressure 40–60% of max injection pressure Cool Time 10–30 seconds (depends on part geometry and dimensional stability) Residence Time Long residence times are not advised 1.844.4AVIENT www.avient.com Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2020-12/portable-speakers-bulletin-selector-guide-2020.pdf
Versaflex™ TPE materials offer great compression set properties for gaskets that need a long lasting seal, and also create durable speaker skins with a silky feel.
Versaflex™ TPE PORTABLE SPEAKER SOLUTIONS WATER AND DUST PROTECTION, DURABLE LOOK AND FEEL Versaflex™ CE 3120-40 Versaflex™ CE 3620 Versaflex™ CE 3115 Versaflex™ CE 3120-80 Application Gaskets Skins Skins Skins Product Aesthetics Tacky Translucent 42A Silky feel Natural 65A Silky feel Natural 65A Silky feel Natural 80A Special Characteristics Low compression set Low compression set High flow Abrasion resistance High strength Improved scratch/ mar, UV and abrasion Overmolding Polycarbonate ABS Copolyester Polycarbonate ABS Copolyester Polycarbonate ABS Copolyester Polycarbonate ABS Copolyester HOW VERSAFLEX TPEs MAKE THE DIFFERENCE IN PORTABLE SPEAKERS APPLICATIONS GASKETS Water and Dust Protection - Tight housing seals with no leakage over time Reduced Manufacturing Costs - Eliminates sourcing and assembly steps required of O-rings by overmolding directly onto the substrate; strong adhesion to PC & ABS - Faster cycle times than silicone or TPU Design Freedom - Injection molding TPEs in gaskets enables complex designs in which simple O-rings would be challenging to assemble SPEAKER SKINS Durable Look and Feel - Silky feel soft touch - Long lasting aesthetics with abrasion and UV resistance Reduced Manufacturing Costs - Eliminates sourcing and assembly steps required of silicone skins by overmolding directly onto the substrate; strong adhesion to PC & ABS - Faster cycle times than silicone or TPU Design Freedom - Overmolding TPE removes the need for mechanical interlocks and primers to get silicone materials to adhere to substrates To learn more about Versaflex TPEs for portable speakers, contact Avient at +1.844.4AVIENT.
https://www.avient.com/sites/default/files/2020-03/2020proxy.pdf
COMPENSATION DISCUSSION AND ANALYSIS Measure 2019 2018 Change Pay-for-Performance: 2019 Compensation Outcomes. 2019 Annual Incentive Program: 2017-2019 Long-Term Incentive Program: COMPENSATION DISCUSSION AND ANALYSIS Listening to Shareholders.
COMPENSATION DISCUSSION AND ANALYSIS 2019 Annual Incentive Program* Measure Weighting Threshold Target Maximum Results Payout % Consolidated Company Adjusted Operating Income 60% Consolidated Company Revenue 25% Consolidated Company Working Capital as a Percentage of Sales 15% Corporate Annual Plan Weightings COMPENSATION DISCUSSION AND ANALYSIS Long-Term Incentive.
Cash-Settled Performance Units 30% Stock Appreciation Rights 35% Restricted Stock Units 35% 2019 Long-Term Incentive Plan Vehicles and Weightings COMPENSATION DISCUSSION AND ANALYSIS Cash-Settled Performance Units.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
$600 $592 2021 2022 $3.02 $3.04 2021 2022 FULL YEAR 2022 PERFORMANCE (TOTAL COMPANY PRO FORMA) 15 Sales Adjusted EBITDA $3,712 $3,653 2021 2022 -2% Adjusted EPS -1% + 1% (in millions) (in millions) (+4% excluding FX) (+5% excluding FX) (+9% excluding FX) FULL YEAR 2022 SEGMENT PERFORMANCE 16 CAI $2,402 $2,355 Sales ($ in millions) $409 $402 EBITDA SEM Pro Forma $1,308 $1,300 Sales $278 $272 EBITDA (+4% excluding FX) - 2% -1% (+5% excluding FX) - 2% (+4% excluding FX) - 2% (+2% excluding FX) PRO FORMA FULL YEAR EPS BRIDGE 17 Pro Forma 2021 Adjusted EPS 3.02$ Foreign Currency (0.23) Russia Import Sales (0.07) Outdoor High Performance (0.13) Color, Additives and Inks 0.18 Specialty Engineered Materials 0.24 Corporate Costs / Other 0.03 Pro Forma 2022 Adjusted EPS 3.04$ FULL YEAR EBITDA BRIDGE (PRO FORMA TOTAL COMPANY) 18 $ millions CAI: Price / Mix 247 Inflation (176) SEM: Price / Mix 121 Inflation (77) Net Price Benefit 115 Wage and Energy Inflation (47) Clariant Color Integration Synergies 23 Incentives, Other Employee Costs 43 FX (34) Full Year 2022 $592 Adjusted EBITDA Full Year 2021 $ 600 Demand (99) Russia Import Sales (9) • Demand primarily impacted by China lockdowns, 4th quarter industrywide destocking and declining consumer sentiment • Pricing outpaced inflation of raw materials, wages and energy 2023 G U IDA N CE $125 $530 Q1 FY $0.55 $2.40 Q1 FY 2023 GUIDANCE 20 Sales Adjusted EBITDA $845 $3,450 Q1 FY Adjusted EPS (in millions) (in millions) CASH FLOW / BALANCE SHEET 21 • IT investment to further integrate acquired businesses and capture operational efficiencies • Restructuring actions to streamline operations and improve profitability, primarily in Europe ($ 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 K E Y G R O W T H D R I V E R S A N D T R A N S F O R M E D P O R T F O L I O GROWTH DRIVERS: PROVEN SUCCESS 23 (1) Pro forma for the acquisition of Avient Protective Materials (APM) COMPOSITES $51 $84 $212 $668 2016 2018 2020 2022 Long Term Growth Rate 10% Organic CAGR 10% HEALTHCARE $108 $113 $231 $293 2016 2018 2020 2022 Long Term Growth Rate 8-10% Organic CAGR 11% ASIA/EMERGING REGIONS $265 $358 $726 $830 2016 2018 2020 2022 Long Term Growth Rate 5% Organic CAGR 12% $340 $455 $790 2016 2018 2020 2022 $1,175 SUSTAINABLE SOLUTIONS Long Term Growth Rate 8-12% Organic CAGR 11% (1) (1)(1) (Sales in $ millions) #1 Color Formulator Dyneema® - World’s Strongest Fiber™ #1 in Composites applications for outdoor high performance #1 in Performance Inks Customized solutions 140+ PhDs on staff Rapid development of innovative products Extensive patent (2,500+) portfolio 33% Vitality Index Better-positioned toward stable, high-growth end markets Consumer, packaging, healthcare and defense comprise nearly 60% of sales Agnostic to raw materials, helping all customers achieve their goals Broad portfolio of diversified sustainable solutions 90%+ of our innovation pipeline invested in sustainable solutions Long-term growth rate well above GDP with expectations of 8-12% LEVERAGING OUR TRANSFORMED PORTFOLIO 24 Healthcare 8% Packaging 24% Consumer 20% Building & Construction 10% Industrial 15% Transportation 9% Energy 4% Telecom. 4% 2022 PF $3.65B sales Defense 6% Leading Positions Sustainable SolutionsDiversified IndustriesSpecialty Formulator (1) 2022 Pro forma for the acquisition of Avient Protective Materials (2) 2020 Pro forma for the acquisition of Clariant Color (1)(2) (1) $340M $455M $790M 2016 2018 2020PF 2022PF $1,175M P EE R C O M PAR IS O N S AVIENT IS ASSET LIGHT Capex / Revenue 2023E (%) Avient Specialty Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of February 13, 2023 Note: Avient reflects 2023 estimated revenue of $3,450 and estimated run-rate CAPEX of $110M. 27 3 2 3 3 4 4 3 4 5 5 5 6 7 7 A vi en t K W R P P G F U L A V Y R P M F M C H U N H X L C E E C L A S H S C L E M N FREE CASH FLOW CONVERSION Source: Peer data per Bloomberg as of February 13, 2023 Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
In addition, operating income before the effect of special items is a component of Avient’s annual and long-term employee incentive plans and is used in debt covenant computations.
Reconciliation of Pro Forma Net Debt December 31, 2022 Short-term and current portion of long term debt $ 2.2 Total long-term debt, net 2,176.7 Unamortized discount and debt issuance cost 37.4 Total debt $ 2,216.3 Cash (641.1) Net taxes due from sale of business 105.0 Adjusted cash $ (536.1) Net debt $ 1,680.2 Year Ended December 31, Reconciliation to EBITDA and Adjusted EBITDA 2006 2018 Sales $ 2,622.4 $ 3,533.4 Net income from continuing operations – GAAP $ 133.5 $ 160.8 Income tax expense 29.7 36.4 Interest expense 63.1 62.8 Depreciation and amortization 57.1 91.5 EBITDA $ 283.4 $ 351.5 Special items, before income tax (34.0) 59.5 Depreciation and amortization included in special items — (3.0) JV - equity income (107.0) — Adjusted EBITDA $ 142.4 $ 408.0 EBITDA as a % of sales 5.4 % 11.5 % 2 Reconciliation of Adjusted EPS 2006 2018 Net income from continuing operations attributable to Avient common shareholders $ 130.9 $ 161.1 Joint venture equity earnings, after tax (68.5) — Special items, after tax (21.2) 44.6 Special items, tax adjustments (30.0) (10.4) Amortization expense, after tax 1.4 19.5 Adjusted net income from continuing operations attributable to Avient common shareholders $ 12.6 $ 214.8 Diluted shares 92.8 80.4 Adjusted EPS attributable to Avient common shareholders $ 0.14 $ 2.67 Three Months Ended Year Ended Year Ended Reconciliation of Pro Forma Adjusted Earnings per Share December 31, 2022 December 31, 2021 Net (loss) income from continuing operations attributable to Avient shareholders $ (17.0) $ 82.8 $ 151.8 Special items, after tax 38.3 116.2 50.0 Amortization expense, after-tax 14.6 49.0 44.9 Adjusted net income from continuing operations excluding special items 35.9 248.0 246.7 Pro forma adjustments* 2.5 13.6 9.9 APM pro forma amortization expense, after tax* — 19.1 21.2 Pro forma adjusted net income from continuing operations attributable to Avient shareholders $ 38.4 $ 280.7 $ 277.8 Weighted average diluted shares 91.7 92.2 92.1 Pro forma adjusted EPS - excluding special items pro forma for APM acquisition $ 0.42 $ 3.04 $ 3.02 * Pro forma adjustment to reflect APM results for the period before Avient ownership including the impacts of debt financing and paydown of debt with net proceeds from the Distribution sale.
https://www.avient.com/sites/default/files/2022-03/Avient 2021 Annual Report.pdf
Financing Activities Net cash used by financing activities in 2021 primarily reflects $77.7 million in dividends paid and the repayment of long term debt of $18.5 million.
We assess the recoverability of long-lived assets when events or changes in circumstances indicate that we may not be able to recover the assets’ carrying amount.
The expected long-term rate of return on pension assets was determined after considering the historical and forward looking long-term asset returns by asset category and the expected investment portfolio mix.
https://www.avient.com/sites/default/files/2020-10/tpes-for-automotive-fasteners-clips-product-bulletin-1.pdf
GLS™ TPE AUTOMOTIVE SOLUTIONS ENABLE LONG-TERM PERFORMANCE WITH TPEs FOR FASTENERS AND CLIPS The average length of vehicle ownership is on the rise, placing greater demands on all elastomeric materials to maintain long-term sealing performance in fasteners and clips.
https://www.avient.com/sites/default/files/2020-12/adventure-sports-brochure.pdf
Make sure your customers’ investments last for the long haul with high-performance materials from Avient.
Give your outdoor gear that extra grit so that it will stay the course: • Provide high-impact strength and weatherability with materials like continuous fiber reinforced thermoplastic composite tapes and laminates • Keep your exterior finishes gleaming with material performance enhancements like scratch and mar resistance and UV stable additives • Make your products safer with performance additives that provide flame resistance and antimicrobial properties BECAUSE LOOKS MATTER AESTHETIC APPEAL STANDING UP TO FIELD ABUSE DURABILITY For more idea inspiration, contact +1.844.4AVIENT www.avient.com When your customers are exhausted from a long day on the trail, the last things they want to worry about are body aches or physical discomfort.