https://www.avient.com/resources/safety-data-sheets?page=4587
Geon(TM) V1607-70 TOP COAT BELTING - WHITE
STAN-TONE HCC-103236 C BLACK
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=6487
NY BLACK LATCH
LAVENDER MB 70% CAPPCR
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=6939
PRIME HYDRATION BLACK
CORE(TM) V1861 PVC 70 CARRIER W/FILLER
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=2988
DB1587A BLACK
3117-GY-70 GREY PA MASTERBATCH
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2020-10/investing-in-avient.pdf
INVESTMENT IN COMMERCIAL RESOURCES
D R I V E S I N N O VAT I V E P R O D U C T P O R T F O L I O AN D S AL E S G R O W T H
TARGET NET
LEVERAGE BY 2021
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$350MM
PAID OVER LAST 10 YEARS
RETURNING VALUE TO SHAREHOLDERS
12
Free Cash Flow Dividends Share Repurchases Deleveraging
Strong track record of cash generation put to work in M&A and return to shareholders while modestly levered
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
11 12 13 14 15 16 17 18 19 20
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9 0.9 1.0
11 12 13 14 15 16 17 18 19 20
2020PF* 2021E
Growing Dividend Cumulative Buybacks Net Leverage
$B
n
$
p
r
sh
ar
*2020 estimate and Pro forma for acquisition of the Clariant Masterbatch business
Cash Generation
19
160
240
2011 2019 2020E
~$240MM
Another unique value creation lever at Avient is synergy capture with our recent
acquisition of Clariant Masterbatch.
D
is
t.
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
17
Median: 3% Median: 5%
Capex / Revenue
2021E (%)
AVIENT IS ASSET LIGHT
Avient Specialty
Other
83 86 85 84 80
56
89
83 82 82 78 76 76 75 71 70 68
63 61 58
14
t
Avient Specialty
Other
Free Cash Flow Conversion (1)
2021E (%)
Being asset light helps us to generate
strong free cash flow that is in line
with specialty formulators.
https://www.avient.com/resources/safety-data-sheets?page=5526
TX7 GLOBAL BLACK/MAXXAM PP6120 V.1.0.
BLACK PE CC
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-therma-tech-automotive-led-heat-sink_0.pdf
© 2019, All Right Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
TRANSPORTATION
LIGHTING SUPPLIER
H E A T S I N K F O R H I G H P O W E R
L E D
• A material to replace aluminum
• High thermal conductivity - 20 W/mK
• Electrically conductive
• Increase production rate by 50%, as
three secondary operations were
eliminated
• Reduced the weight of each part by 30%
• Collaborated with the customer to
participate in the SPE Automotive
Innovation Awards
Therma-Tech™ TT6600-5001 EC Grey
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/resources/safety-data-sheets?page=2581
P-9048 H MED DK FLINT
15895-01 EXPBP70U0 BLACK 2999
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=124
HIPS BLACK STREAK 2
SG 6212-21-H
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=3151
H BLUE METALLIC
CAMO BLACK VEIN
PP FR 8-6 LMS-1000