https://www.avient.com/sites/default/files/2023-03/Artisan Pre-colored Thermoplastics Technical Bulletin.pdf
TECHNICAL BULLETIN
Characteristics
Artisan™
Nylon
Solution
Painted
Metal
Painted
Plastic
Traditional
Molded-in
Color
Impact
Modified
Nylon
PA
Ionomer
Alloy
Aesthetic Very Good Excellent Excellent Good Very Good Very Good
Scratch Appearance Excellent Poor Poor Good Excellent Excellent
Scratch & Mar
Resistance Very Good Excellent Excellent Poor Very Good Excellent
Color Customization Good Excellent Excellent Very Good Good Good
Stress Whitening Excellent Fair Fair Poor Excellent Excellent
Weatherability Good Excellent Excellent Very Good Good Very Good
Temperature
Performance Good Excellent Fair Fair Fair Good
Corrosion Resistance Excellent Fair Excellent Excellent Excellent Excellent
Processability One Step Multi Step Multi Step One Step One Step Complex
One Step
Total Production Cost $$$ $$$$$ $$$$ $$ $$$ $$$$
Order Quantity
Restrictions Some Some Some None More More
COMPARISON OF NYLON, METAL, AND PLASTIC
Properties Test Method Artisan™ AR6000-0007 HI UV*
Gloss Level** Gloss reading at 60 degrees 80-93
Molding Shrinkage – Across Flow ASTM D955 0.009 to 0.013 in/in
Tensile Strength (Yield) ASTM D638 7300 psi
Tensile Strength (Break) ASTM D638 5300 psi
Tensile Elongation (Yield) ASTM D638 6.0%
Flexural Modulus ASTM D790 270500 psi
Flexural Strength (Yield) ASTM D790 9950 psi
Notched Izod Impact ASTM D256 -4°F (-20°C) 5 ft-lb/in
73°F (23°C) 11 ft-lb/in
Unnotched Izod Impact ASTM D256 -4°F (-20°C) 29 ft-lb/in
73°F (23°C) 30 ft-lb/in
Color & Aesthetics*** Green, medium blue, dark blue, red, orange, white, gray, black
Color customization available based on specific needs
KEY PROPERTIES
Features: high-gloss finish, UV stability, scratch resistance, chemical/corrosion resistance,
cold temperature impact resistance, heat resistance
* Reflects average of several colors, properties shift slightly depending on color
** Gloss level varies based on tooling temperature
*** UV data available upon request
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2023-01/Maxxam REC Recycled Polyolefin Formulations Product Bulletin.pdf
KEY CHARACTERISTICS
• Formulated with 25–100% recycled resin
from PIR & PCR sources
• Reduces waste and supports the circular
economy
• Achieves equivalent performance to
standard polyolefin formulations
• Can be recycled at end of life
• Provides good stiffness, durability,
impact resistance and UV stability
• Enables customized performance
characteristics depending on
application need
MARKETS AND APPLICATIONS
Maxxam REC Polyolefins are suitable for use across
many industries and applications where traditional
polyolefin materials are used, including:
• Transportation - HVAC systems, engine guards,
battery housings, flame retardant applications
• Industrial - Structural parts, furniture
• Consumer - Household appliances,
personal care items, packaging, office supplies,
food contact applications
• Electrical and Electronic – Housings, buttons,
junction boxes
SUSTAINABILITY BENEFITS
• Formulated with 25–100% recycled resin
from PIR and/or PCR sources
• Reduces waste and supports the circular
economy
• Reduces carbon footprint
• Can be recycled at end of life
PRODUCT BULLETIN
CHARACTERISTICS UNITS
Maxxam REC
RS5200-5029 C
BLACK X2
Maxxam REC
MX5200-5036
HS I BLACK
Maxxam REC
MX5200-5037
Maxxam REC
MX5200-5038
Maxxam REC
MX5200-5039
Filler/
Reinforcement – Unfilled Unfilled 20% Mineral 40% Mineral 30% Glass Fiber
Recycled
Content – 95% PCR 97% PIR 75% PIR 55% PIR 65% PIR
Density
(ISO 1183) g/ccm 0.93 0.95 1.09 1.28 1.15
Tensile Modulus
(ISO 527-1) MPa 1250 950 1500 2150 4250
Tensile Stress
(ISO 527-2) MPa 25 175 10 15 50
Tensile Strain Break (ISO
527-2) % >20 >80 >30 17 4.5
Charpy Notched
(ISO 179) kJ/m 3 8 5 4 11
TECHNICAL PERFORMANCE
CHARACTERISTICS UNITS
Maxxam REC
RS5200-5026
RS NHFR
BLACK 70
Maxxam REC
FR H8 V2
BLACK RG 70
Maxxam REC
L6 GF/30 H
BLACK T RG
70
Maxxam REC
MX5200-5027
RS HS
BLACK RG
Maxxam REC
MX5200-5028
RS HS
BLACK RG
Maxxam REC
C10 H-UV AS
EP RG
BLACK 70
Filler/
Reinforcement – 30% Glass Fiber Unfilled 30% Glass Fiber 30% Glass Fiber 40% Talcum Unfilled
Recycled Content – 37% PIR 90% PIR 55% PIR 35% PIR 50% PIR 25% PIR
Density
(ISO 1183) g/ccm 1.42 0.950 1.13 1.15 1.23 1.03
Tensile Modulus
(ISO 527-1) MPa 8250 1300 6100 6400 – 700
Tensile Stress
(ISO 527-2) MPa 71.0 30.0 70.0 70.0 28.0 15.0
Notched Izod
(ISO 180) kJ/m – 4.0 10 5.8 2.7 No Break
Flame Rating
@ 1.6mm thickness
(UL 94)
– V-0 V-2 HB HB HB HB
TECHNICAL PERFORMANCE
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2025-02/Hammerhead FR Flame Retardant Composite Panel for Building _ Construction Product Overview.pdf
Flame Spread Index 20 20
Smoke Developed Index 60 70
Class A A
FLAME SPREAD ASTM E84
https://www.avient.com/sites/default/files/2023-09/Avient Sustainability Day 2023 - Website %289.19%29.pdf
September 20, 2023
(NYSE: AVNT)Avient
Sustainability Day
AGENDA
WELCOME
INTRODUCTION
SUSTAINABILITY STRATEGY
Walter Ripple
SUSTAINABLE SOLUTIONS
Michael Garratt, Chris Pederson, Woon Keat Moh
SUMMARY
WRAP UP AND Q+A
Avient Corporation 2
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.
Conventionally-Marketed Products Growth
2017-2022
Sustainability-Marketed Products Conventionally-Marketed Products
Sustainably-marketed products account for 1/5 of the market share ... yet deliver 1/3 of growth
9%
4%
CAGR
Source: NY Stern School of Business 2023
MAKING RECYCLABILITY COMMITMENTS
Avient Corporation 26
100% recyclable,
compostable or
reusable packaging
35% recycled
content for all plastic
30% recycled
content by 2030
100% recyclable,
compostable or reusable
20% renewable and
recycled plastics by 2025
100% recyclable,
compostable or reusable
To source 100% recycled
or renewable resources
25% recycled content
80% of waste recycled
back into Nike products
and other goods by 2025
25% recycled
content by 2025
100% recyclable,
compostable or reusable
BRAND-SPECIFIC RECYCLED CONTENT ANNOUNCEMENTS
x …the entire DASANI
product lineup will be
made from
recycled plastic.
Plastics Pact
Post-Consumer Recycle (PCR)
Color Predictive Tool
Innovation Award, Winner:
Product Technology Innovation, Winner:
Plastics Recycling Awards Europe 2023
Additive for
Enhanced Recycling
Innovation Award, Finalist:
Product Technology Innovation, Finalist:
Plastics Recycling Awards Europe 2023
Service Innovation
Enables Quality Recycle
Product Innovation
Enables PCR Claims + Low CO2
Product Innovation
Protects Quality Recycle
…are Growing at Twice the Rate as
Conventional ProductsSustainably-Branded Products…
Consumers
Are demanding
recyclability and eco-
conscious products
Governments
Are mandating changes
through legislation, taxes,
and regional accords
STAKEHOLDER INFLUENCE DRIVES DEMAND
For Sustainable Products From Sustainable Companies
Brand Owners
Have committed to ambitious
goals to achieve
sustainability metrics
Avient Corporation 77
Avient Corporation 78
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
8-12%
Long Term
Growth
18
46
2023 2032
Global Offshore Annual
Wind Installations
(in Gigawatts)
2022 2030
Medical Plastics
Market Size
(in $Billions)
12% CAGR
3% CAGR
Recycled
Virgin
Growing Demand for
Recycled Content
Avient Sustainable
Solutions
11% CAGR
8% CAGR
Sources: McKinsey, Bloomberg, Grand View Research
Avient Corporation 79
Increasing the use
of recycled content
Reducing weight to
lower fuel consumption
2022 SALESDESCRIPTION
$340M
$310M
$525M
OUTCOMES
Enabling customers to
advance the circular economy
Shrinking carbon footprint
and decreasing emissions
Making our planet a better
place for all
Using fewer natural resources;
protecting human life
$1,175MTOTAL SALES
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
AVIENT IS WELL-POSITIONED
A Clean House
Avient holds leading ratings on
ESG matters of importance to
customers, countries, and
key stakeholders
Leading Portfolio
Our formulation expertise and materials
are meeting the unique sustainability
needs of our customers around the world
in endless applications
8-12% Long-Term Growth RateAvient’s Sustainable Solutions
Investing in Innovation
85% of our opportunity funnel is
directed at sustainable solutions
addressing unmet customer needs
Avient Corporation 80
Avient Corporation 81
ADJUSTED EBITDA MARGIN EXPANSION
• Transformative acquisitions
combined with divestitures of
more cyclical businesses have
improved margins over 400 bps
since 2018
• 20% long-term margin goal to be
driven by key growth drivers, with
sustainable solutions playing a
meaningful role
5.4%
11.5%
16.0%
17.3%
20% 20.0%
2006 2018 2023E Recovery Growth
Drivers
Strategic
Objective
20%+
+1%+
+3%+
Community Service
7x Safer
than Industry Average
World-Class Safety
Leadership Development
Over $19 million
raised since 2007
Diversity & Inclusion
PEOPLE AND CULTURE
Avient Corporation 82
Avient Corporation 83
• 6% annualized long-term sales growth leveraging
sustainable solutions, composites, healthcare, and
emerging regions
• Expand EBITDA margins to 20%
• Deliver annual EBITDA and EPS growth of
10% and 15%
• Maintain asset-light, 80% free cash flow conversion
profile and be valued as a specialty formulator
• Continue fostering our Great Place to Work® culture
LONG-TERM OBJECTIVES
Avient Corporation 84
Wrap Up and Q + A
Chairman, President, and Chief Executive Officer
Avient Corporation 85
Investor Deck_9_19_23 v4_WEBSITE_GAAP.pdf
2023 SR Non-GAAP Rec v3
https://www.avient.com/sites/default/files/2023-01/CFA Product Selection Guide.pdf
Product
Product
Type Initiation
Optimum
Gas Yield
Gas Yield
POWDER
Hydrocerol
BIH PEAUFF Endo 140 160 140–150
EVA, polyethylene,
PE copolymers,
TPEs/TPOs, PVC
Hydrocerol
Compound EMASAD Endo 140 200 135–145
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
acrylics, TPUs,
POM, PVC
Hydrocerol
HK EMA0766025 Endo 200 210 135–145
Polypropylene,
styrenes, acrylics,
Hydrocerol
1480 EMA0766027 Endo-Exo 140 180 240–259
EVA, polyethylenes,
PE copolymers,
TPEs/TPOs, styrenes,
acrylics, PVC
Product
Product
Type Initiation
Optimum
Gas Yield
Gas Yield
MASTERBATCH
Hydrocerol
862 PLASAD Endo 140 160 10–20 • Sink mark removal
EVA, polyethylene,
PE compolymers,
Hydrocerol
BIH-40-E PLASAF Endo 140 160 55–65
EVA, polyethylene,
PE compolymers,
Hydrocerol
1004 PEAUFQ Endo 140 160 80–90 • Weight reduction
EVA, polyethylene,
PE compolymers,
Hydrocerol
CF-5-E PEASCF Endo 140 200 5–10 • Sink mark removal
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
Hydrocerol
1602 PRASAD Endo 140 200 50–60
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
Hydrocerol
PEA0820021 PEA0820021 Endo 140 200 25–35
Styrenes
Hydrocerol
PEA08200095 PEA0820095 Endo-Exo 140 180 100–120
PVC
Hydrocerol
ITP-820 PRAN698588 Endo 200 210 5–10 • Sink mark removal
EVA, polyethylene,
PE copolymers,
TPEs/TPOs, PVC
Hydrocerol
HK-40-E PLASAH Endo 200 210 55–65
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
acrylics, TPUs,
POM, PVC
Hydrocerol
CT-3205-B OMA0698633 Endo 200 210 50–60
PLA
Hydrocerol
1135 PEAN698616 Exo 170 190 20–30 • Sink mark removal
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
Hydrocerol
8418M PHA0698418 Exo 170 190 50–60
Polyethylene,
polypropylene,
TPEs/TPOs, styrenes,
Product
Product
Type Initiation
Optimum
Gas Yield
Gas Yield
MASTERBATCH
Hydrocerol
141 PEASCH Exo 200 210 10–20 • Sink mark removal
Polypropylene,
styrenes, acrylics,
Hydrocerol
1191 PRAN698433 Exo 200 210 55–65
Polypropylene,
styrenes, acrylics,
Hydrocerol
NBA0820012 NBA0820012 Exo 240 260 25–35
Polyesters,
high-temperature
resins
Hydrocerol
XH-901 SAASCC Exo 240 260 30–40
Polycarbonate blends,
polycarbonate,
high-temperature
resins
Hydrocerol
1376-4 PRAN698541 Endo-Exo 200 210 90–100
Polypropylene,
styrenes, acrylics,
polyamides, PVC
LIQUID
Excelite
FA-37 CC10212522 Endo-Exo 120 140 65–75 • Weight reduction/
WPC Polyethylene
Excelite
PF-1 CC01053625 Endo-Exo 120 140 55–65 • Weight reduction Vinyl
Excelite
FA-185 CC10303252 Endo 140 200 75–85 • Weight reduction
• Direct gas assist Polyolefin
Excelite
Foam PPRO CC10250288 Endo 160 200 50–60 • Weight reduction
• Warpage reduction Polypropylene
Excelite
FA-77 CC10232527 Endo-Exo 120 140 85–95 • Weight reduction/
WPC Polyethylene
Excelite
FA-108 CC10290626 Endo 180 200 55–65 • Weight reduction
• Sink mark removal Polyolefin
Excelite
FA-112 CC10313065 Endo 140 200 50-60 • Weight reduction
• Sink mark removal Polyolefin
1.844.4AVIENT
www.avient.com
Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2020-07/gls-tpe-closurelogic-cap-liner-english.pdf
GLS TPE - Closurelogic Cap Liner - English
CLOSURELOGIC
GMBH
A L U M I N U M C A P L I N E R
• Compliance with food contact regulations
• Seals to glass, PET and aluminum bottles
• Excellent pressure retention for carbonated beverages
• Provided a low migration TPE with
outstanding organoleptic properties
• Enabled processing at temperatures 20°C
lower than comparative materials
GLS™ Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-03/AVNT Mar 2022 Presentation.pdf
That’s Avient.
25,000+
CUSTOMERS
>70%
ARE CUSTOMIZED SOLUTIONS
TO UNIQUE SPECIFICATIONS
of
sales
In July 2020, we completed the acquisition of the Clariant Color business, the largest
acquisition in the 20-year history of our company.
FX)
2022 GROWTH PROJECTIONS
23
$3.05
$3.50
2021 2022E
Full Year – Adjusted EPS
+ 15%
(+ 17% excluding FX)
$0.89
$0.95
2021 2022E
Q1 – Adjusted EPS
+ 7%
(+ 10% excluding FX)
($ millions) Q1 Full Year Q1 Full Year
2021 - Actual 1,162$ 4,819$ 123$ 429$
Sustainable Solutions 27 110 12 44
Healthcare 15 66 4 13
Composites (excl.Outdoor High Performance) 11 29 5 13
Outdoor High Performance Applications (7) (20) (4) (10)
Growth in Asia / LATAM 10 51 3 11
Other 57 115 9 12
Sub-total 1,275$ 5,170$ 152$ 512$
Wage Inflation and Overtime (12) (18)
Other Supply Chain Costs (4) (7)
FX Impact (25) (70) (4) (8)
Synergies 4 15
Travel, Other Employee Costs (1) (4)
2022 - Estimated 1,250$ 5,100$ 135$ 490$
Adjusted
2022 SALES AND OI – Q1 AND FULL YEAR
24
($ millions) 2021 2022E
Cash Flow from Operating Activities 234$ 385$
Less:
Run-Rate CapEx (86) (90)
CapEx for Clariant Integration (15) (20)
CapEx for IT System Upgrade - (25)
Total CapEx (101) (135)
Free Cash Flow 133$ 250$
Adjusted EBITDA 581$ 635$
Net Debt / Adjusted EBITDA 2.2x 1.8x
25
CASH FLOW / LEVERAGE
26
• Record results – highest level of sales ($4.8B) and earnings
($3.05 adjusted EPS) in company history
• Successful Clariant Color integration – net debt to adjusted
EBITDA reduced to 2.2x, one-year ahead of schedule
• Recognized as one of America’s Most Responsible Companies
by Newsweek
• Earned 3rd consecutive Great Place to Work certification
2021 HIGHLIGHTS
27
• 15% adjusted EPS growth to $3.50, led by growth in sustainable
solutions and increased synergy realization
• Continued strong synergy capture from the Clariant Color integration:
$75M anticipated run-rate synergies by the end of 2022
• Adjusted EBITDA of $635M represents 9% growth above 2021 –
11% excluding the impact of foreign currencies
• Deleveraged to 1.8x net debt to adjusted EBITDA by the end of 2022
2022 SUMMARY
PEER COMPARISONS
29
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
APPENDIX
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
3%Polyethylene
Nylon
6%
Polypropylene
Other Raw
Materials
30%
Styrenic Block
Copolymer
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
35
• Significant raw material price inflation
and tight inventory continued in Q4 2021
o For the full year, the average cost of
hydrocarbon based materials was up
50% in 2021
o For the full year, the average cost of non-
hydrocarbon based materials was up
12% in 2021
• Additionally, we continued to experience
other supply chain challenges during Q4
related to raw material spot purchases,
freight constraints and productivity loss
as a result of these shortages
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Distribution business
SEGMENT DATA
U.S. & Canada
50%
Latin America
9%
2021 SEGMENT, END MARKET AND GEOGRAPHY
37
GEOGRAPHY REVENUESEGMENT FINANCIALS
23%
19%
Building and
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs
$2,402M
$409M
$919M
$164M
$1,631M
$94M
Sales EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$581M$4,819M
15%
34%
21%
Building &
9%
1% Telecommunications
C O L O R , A D D I T I V E S & I N K S
2021 REVENUE | $2 .4 BILL ION
32%
40%
21%
Latin America
END MARKET REGION
38
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
27%
Building &
2021 REVENUE | $919 MILLION
END MARKET
55%
20%
REGION
39
DI S TR IBU T I ON
26%
23%
20%
Building and
80%
3%
Latin
America
END MARKET REGION
K E Y S U P P L I ER S
2021 REVENUE | $1 .6 B ILL ION
40
TOTA L C O M PA N Y R E G I O N A L S A L E S
BY END MARKET
30%
26%Healthcare
14%
Building &
2% Energy
(16% of sales)
32%
Building &
(25% of sales)
41
19%
Building &
US &
Canada
(50% of sales)
38%
33%
Building &
LATAM
(9% of sales)
https://www.avient.com/investor-center/news/avient-announces-first-quarter-2023-results
September 20
September 20
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2018-results
Adjusted EPS expands 15% to a new first quarter record of $0.68 driven by a 20% increase in operating income from Color, Additives and Inks
Over the last three years we have increased the number of commercial associates by over 20%.
https://www.avient.com/knowledge-base/article/whats-difference-tpes-vs-silicones
Additionally, LSR has a specific gravity that is 20% higher than TPEs (+/- 1.12 versus +/- 0.89), which means LSR will produce 20% fewer parts for every pound of material used.