https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: • Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; • The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; • The current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including without any limitation, any supply chain and logistics issues; • Changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; • Fluctuations in raw material prices, quality and supply, and in energy prices and supply; • Production outages or material costs associated with scheduled or unscheduled maintenance programs; • Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; • Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; • Information systems failures and cyberattacks; • Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and • Other factors described in our Annual Report on Form 10-K for the year ended December 31, 2020 under Item 1A, “Risk Factors.”
Unless otherwise stated, Adjusted Operating Income, Adjusted EBITDA and Adjusted EPS figures included in this presentation exclude the impact of special items as defined in our quarterly earnings releases. 2021 PE RF O RM AN CE $80 $85 2020 2021 $0.52 $0.58 2020 2021 Q4 2021 PERFORMANCE (TOTAL COMPANY) 4 Sales Adjusted Operating Income $997 $1,202 2020 2021 + 21% Adjusted EPS + 6% + 12% (in millions) (in millions) $308 $429 2020PF 2021 $1.93 $3.05 2020PF 2021 FULL YEAR 2021 PERFORMANCE (TOTAL COMPANY) 5 Sales Adjusted Operating Income $3,783 $4,819 2020PF 2021 + 27% Adjusted EPS + 39% + 58% (in millions) (in millions) (1) Financial information is pro forma to include a full year of Clariant Color business (1) (1) (1) FULL YEAR 2021 SEGMENT PERFORMANCE 6 CAI $2,043 $2,402 Sales ($ in millions) SEM Distribution $226 $303 Operating Income + 18% + 34% $1,110 $1,631 Sales $70 $93 Operating Income + 47% + 33% (1) $709 $919 Sales $94 $132 Operating Income + 30% + 40% (1) Financial information is pro forma to include a full year of Clariant Color business (1) Full Year 2020 (Pro forma) $3,783 $308 Sustainable Solutions 147 19% 60 Healthcare 143 28% 30 Composites 58 43% 29 Growth in Asia / LATAM 107 21% 26 Other 543 30% 58 Sub-total $4,781 26% $511 Wage Inflation and Overtime (39) Other Supply Chain Costs (15) COVID Response Applications (22) (12) Synergies 44 FX, Incentives, Other Employee Costs 60 (60) Full Year 2021 $4,819 27% $429 FULL YEAR 2021 SALES AND OPERATING INCOME (TOTAL COMPANY) 7 Sales Growth Rate Adjusted Operating Income$ millions (1) Financial information is pro forma to include a full year of Clariant Color business (1) Adjusted EBITDA 8 Full Year 2020 (Pro forma) $ 457 Demand 135 $ millions CAI: Price / Mix 158 Inflation (120) SEM: Price / Mix 84 Inflation (65) Distribution: Price / Mix 318 Inflation (304) Net Price Benefit 71 Wage Inflation and Overtime (39) Other Supply Chain Costs (15) COVID Response Applications (12) Synergies 44 Incentives, FX, Other Employee Costs (60) Full Year 2021 $ 581 (1) Financial information is pro forma to include a full year of Clariant Color business (1) • Demand impact driven by growth in key focus areas: sustainable solutions, healthcare, composites and growth in Asia / LATAM • Price increases more than offset raw material and supply chain impacts FULL YEAR 2021 EBITDA BRIDGE SPECIALTY EBITDA MARGIN EXPANSION 9 CAI (1) 2018-2020 financial information is pro forma to include a full year of Clariant Color business 15.3% 15.2% 16.2% 17.0% 2018 2019 2020 2021 14.8% 15.2% 17.6% 17.8% 2018 2019 2020 2021 (1) SEM • Record margins in 2021 despite unprecedented supply chain challenges • Continued portfolio transformation to high-growth end markets and sustainable solutions • Clariant Color synergy realization • Investments in composites and outdoor high performance applications drove growth and mix improvements • Acquisition of Clariant Color business significantly expanded presence in healthcare, packaging and consumer end markets • Strength of portfolio – double-digit annual EBITDA growth since acquisition • $54 million of synergies realized in 2021 • Acquisition completed on July 1, 2020 for $1.45 billion.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA HIGH FREE CASH FLOW CONVERSION Avient reflects 2021 estimated EBITDA of $635M and estimated CAPEX of $90M (excludes IT system upgrade of $25M and synergy capture CAPEX of $20M) Source: Peer data per Bloomberg market data as of February 15, 2022 86 89 85 80 76 76 89 85 79 78 76 76 76 70 69 63 8 A vi e nt K W R P P G F U L A V Y R P M F M C U N V R H U N B N R H X L E C L C E A S H E M N S C L A LB Source: Peer data per Bloomberg market data as of February 15, 2022 Total Enterprise Value / 2022E EBITDAWith the Clariant Color business acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets.
https://www.avient.com/sites/default/files/2020-09/stan-tone-pep-et-product-bulletin.pdf
% Pigment Specific Gravity Color Index Lightfastness WHITE 10PEP03 Titanium Dioxide, Rutile 60 2.06 PW-6 I/O YELLOW 12PEP01 Diarylide AAOT GS 20 1.24 PY-14 I 12PEP03 Diarylide HR RS 25 1.23 PY-83 I/O (Mass) 13PEP02 Isoindolinone RS 25 1.31 PY-110 I/O 13PEP03 Benzimidazolone GS 25 1.25 PY-151 I/O (Mass) 81PEP01 Iron Oxide 60 2.07 PY-42 I/O ORANGE 15PEP03 Benzimidazolone RS 25 1.27 PO-36 I/O RED 23PEP04 Quinacridone BS 25 1.24 PV-19 I/O 23PEP06 Specialty Naphthol BS 25 1.23 PR-170 I/O (Mass) C 25PEP01 Red 2B, Ca Salt BS 17 1.26 PR-48:2 I/O (Mass) 28PEP01 Red 2B, Ba Salt YS 25 1.32 PR48:1 I/O (Mass) 82PEP01 Iron Oxide, Light YS 27 1.5 PR-101 I/O 82PEP02 Iron Oxide, Light BS 60 2.2 PR-101 I/O 82PEP04 Iron Oxide, Light VYS 60 2.2 PR-101 I/O 82PEP05 Iron Oxide, Dark VBS 60 2.21 PR-101 I/O BLUE 40PEP01 Phthalocyanine GS 25 1.27 PB-15:3 I/O 40PEP05 Phthalocyanine RS 25 1.27 PB-15 I/O 42PEP02 Ultramarine 35 1.44 PB-29 I/O 49PEP01 Cobalt 31 1.54 PB-28 I/O GREEN 50PEP01 Phthalocyanine BS 16 1.28 PG-7 I/O 50PEP03 Phthalocyanine YS 16 1.28 PG-7 I/O 59PEP02 Chromium Oxide 70 2.6 PG-17 I/O VIOLET/MAGENTA 24PEP03 Quinacridone Violet 20 1.24 PV-19 I/O 24PEP04 Ultramarine Violet 50 1.69 PV-15 I/O 24PEP05 Quinacridone Magenta 20 1.24 PR-122 I/O 24PEP06 Benzimidazolone 20 1.23 PV-32 I/O 24PEP07 Carbazole Violet 13 1.22 PV-23 I/O BROWN/TAN 83PEP01 Iron Oxide, Light 34 1.6 PBr-6 I/O 83PEP02 Iron Oxide, Dark 29 1.51 PBr-6 I/O BLACK 90PEP01 Furnace - High Jet 24 1.3 PBk-7 I/O 90PEP04 Furnace - Medium 17 1.27 PBk-7 I/O 90PEP05 Iron Oxide 33 1.58 PBk-11 I/O POLYESTER URETHANE PASTE COLORANTS (PEP) Stan-Tone Code Pigment Type Approx. % Pigment Specific Gravity Color Index Lightfastness WHITE 10ET03 Titanium Dioxide, Rutile 56 1.74 PW-6 I/O YELLOW 12ET01 Diarylide AAOT GS 40 1.15 PY-14 I 12ET03 Diarylide HR RS 20 1.07 PY-83 I/O (Mass) 13ET02 Isoindolinone RS 20 1.11 PY-110 I/O 13ET03 Benzimidazolone GS 20 1.08 PY-151 I/O (Mass) 81ET01 Iron Oxide 60 1.84 PY-42 I/O ORANGE 15ET03 Benzimidazolone RS 25 1.11 PO-36 I/O RED 20ET01 Red Lake C YS 30 1.16 PR-53 I 22ET01 Lithol Rubine BS 30 1.17 PR-57:1 I 23ET04 Quinacridone BS 15 1.05 PV-19 I/O 23ET06 Specialty Naphthol BS 30 1.09 PR-170 I/O (Mass) C 25ET01 Red 2B, Ca Salt BS 29 1.15 PR-48:2 I/O (Mass) 28ET01 Red 2B, Ba Salt YS 30 1.18 PR-48:1 I/O (Mass) 82ET01 Iron Oxide, Light BS 60 1.94 PR-101 I/O 82ET02 Iron Oxide, Dark VBS 60 1.95 PR-101 I/O 82ET04 Iron Oxide, Light VYS 60 1.94 PR-101 I/O BLUE 40ET01 Phthalocyanine GS 25 1.11 PB-15:3 I/O 40ET05 Phthalocyanine RS 20 1.09 PB-15 I/O 42ET02 Ultramarine 55 1.46 PB-29 I/O 49ET01 Cobalt 65 2.02 PB-28 I/O GREEN 50ET01 Phthalocyanine BS 30 1.2 PG-7 I/O 50ET03 Phthalocyanine YS 25 1.16 PG-7 I/O 59ET01 Chromium Oxide 65 2.12 PG-17 I/O VIOLET/MAGENTA 24ET03 Quinacridone Violet 20 1.08 PV-19 I/O 24ET04 Ultramarine Violet 60 1.66 PV-15 I/O 24ET05 Quinacridone Magenta 20 1.08 PR-122 I/O 24ET06 Benzimidazolone 25 1.08 PV-32 I/O 24ET07 Carbazole Violet 13 1.05 PV-23 I/O BROWN/TAN 83ET01 Iron Oxide, Light 64 2.02 PBr-6 I/O 83ET02 Iron Oxide, Dark 60 1.9 PBr-6 I/O BLACK 90ET04 Furnace - Medium 22 1.12 PBk-7 I/O 90ET05 Iron Oxide 60 1.9 PBk-11 I/O POLYETHER URETHANE PASTE COLORANTS (ET) PEP/ET RS = Red Shade YS = Yellow Shade VYS = Very Yellow Shade BS = Blue Shade VBS = Very Blue Shade GS = Green Shade HR = Heat-Resistant LIGHTFASTNESS I = Indoor Only I/O = Indoor or Outdoor Mass = Outdoor Masstone Application Only C = Some Caution Advised www.avient.com Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2023-12/Wire _ Cable Tri-fold Selection Guide_SPANISH.pdf
GUÍA DE SELECCIÓN DE PRODUCTOS SOLUCIONES PARA CABLE & ALAMBRE Materiales de Ingenieria Especializada Formulaciones para aislamiento, revestimiento y cross-web para el mercado de cable y alambre Syncure™ XLPE Formulaciones de Polietileno Reticulable • Curado al ambiente • Alto desempeño a la flama • Resistente al calor, el aceite, a la deformación por stress constante y la abrasión • Propiedades de baja temperatura • Baja inversión de capital • Alta velocidad de extrusión • Libre de DBDPE disponible • Boletinados por UL/CSA Maxxam™ FR Polipropileno con Retardante de Flama • Reemplaza al FEP para aislamiento • Desempeño a la flama • Cumplimiento a UL 444 yellow card • Baja constante dieléctrica • Alta velocidad de extrusión • Capacidad de extrusión para paredes delgadas Maxxam™ SY Polipropileno Espumado • Baja constante dieléctrica • Estructura celular uniforme • Resistencia al calor y la compresión • Facilidad del espumado mediante proceso químico Soluciones LSFOH ECCOH™ Baja Emisión de Humo y Libre de Halógenos • Mejora de la seguridad contra incendios • Baja emisión de humo, toxicidad y libre de halogenos (LSFOH) • Resistencia química ECCOH™ XL Soluciones para Cable Reticulado • Libre de halógenos, baja emisión de humos, baja toxicidad y anticorrosiva • Excelentes propiedades electricas y mecanicas • Facilmente procesable • Temperaturas de operación 90°C • Tecnologia de curado por humedad Synprene™ Elastómeros Termoplásticos Retardantes de Flama • Flexibilidad • Alta desempeño a la flama • Resistencia a baja temperatura • Resistencia química • Permite coloración FireCon™ CPE Polietileno Clorado Retardante de Flama • Resistencia en ambientes extremos • Propiedades de baja temperatura • Alta desempeño a la flama • Alta velocidad de extrusión • Resistencia a la luz del sol y rayos UV CARACTERISTICAS ESPECIFICACIONES ECCOH™ XL 8148 Libre de halógenos, baja emisión de humos, baja toxicidad, anticorrosivo EN50618 Syncure™ S100FH Flama horizontal UL 44 Syncure™ S100FH-XUV Flama horizontal, resistencia UV UL 44 Syncure™ S100FH-UV Flama horizontal, FV-1, resistencia UV UL 44, UL 4703 Syncure™ S100FV VW-1 UL 44 Syncure™ S100FV-UV VW-1, resistencia UV UL 44 Syncure™ S112NA Sin retardante a la flama CSA 22.2 Syncure™ S120NA Sin retardante a la flama NSF 61 Syncure™ S200FH Flama horizontal, libre de DBDPE UL 44 Syncure™ S200FV VW-1, libre de DBDPE UL 44 SISTEMAS PARA AISLAMIENTO DE CABLES DE BAJO VOLTAJE Cables de baja tensión • Desempeño a la flama • Resistencia al calor, aceite y abrasión • Buen desempeño a bajas temperaturas • Baja inversión de capital • Altas velocidades de procesamiento AISLAMIENTO Y CROSS-WEBS PARA CABLES DE CATEGORIA Los sistemas de cables de categoría nos proporcionan • Alternativas de cables FEP • Desempeño a la flama • Baja constante dieléctrica • Altas velocidades de extrusión y desempeño para pared delgada • Resistencia química • Desempeño a bajas temperaturas • Flexibilidad CARACTERISTICAS ESPECIFICACIONES Maxxam™ FR 0521-48 R1 Baja emisión de humo, libre de halógenos UL 444 Maxxam™ FR 0587-21 R3 Halogenado, y desempeño para cables plenum UL 444 Cables para fibra optica • Resistencia a ambientes extremos, químicos y a la exposición a luz del sol • Resistencia a bajas temperaturas (LTB) • Baja emisión de humos y toxicidad • Flexibilidad • Altas velocidades en extrusion CARACTERISTICAS ESPECIFICACIONES ECCOH™ 6649 UV Low DD Baja emisión de humos, Libre de halógenos Cubre las requerimientos de retardacia a la flama requeridos por el cliente Cables Coaxiales • Flexibilidad • Altas velocidades de extrusión • Baja constante dieléctrica • Estructura de celda uniforme • Resistencia al calor y a la deformación CARACTERISTICAS ESPECIFICACIONES Maxxam™ SY 89-22-7 Espumable Cubre las requerimientos de retardacia a la flama requeridos por el cliente SISTEMAS PARA CUBIERTA PARA CABLES DE DATOS Cubiertas para medio y bajo voltaje • Resistencia a ambientes extremos, ambientes químicos y degradación por rayos UV • Resistencia a bajas temperaturas (LTB) • Baja emisión de humos y toxicidad • Flexibilidad • Altas velocidades de extrusión • Fácilmente de colorear CARACTERISTICAS MERCADOS Y APLIACIONES FireCon™ CPE 30-33 RoHS Black Retardante a la flama, flexible Edificación & construcción, industrial, nuclear FireCon™ CPE 37-36 RoHS Black Retardante a la flama, flexible Edificación & construcción, industrial, nuclear FireCon™ CPE 30-20 RoHS Natural Retardante a la flama, flexible Edificación & construcción, industrial, nuclear ECCOH™ 5549 UV Baja emisión de humos, libre de halógenos, retardante a la flama Edificación & construcción, industrial ECCOH™ 6649 UV Low DD Baja emisión de humos, libre de halógenos, retardante a la flama Fibra optica, ductos ECCOH™ 5981 UV Baja emisión de humos, libre de halógenos, retardante a la flama Cables industriales, cables Teck 90 Synprene™ RT5180 Retardante a la flama, resistente a LTB Edificación & construcción, industrial Synprene™ RT5180UV Retardante a la flama, resistente a LTB Edificación & construcción, industrial Synprene™ RT3870M Retardante a la flama, resistente a LTB Edificación & construcción, industrial www.avient.com Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2024-12/PKE grades for Powersports Application Bulletin.pdf
Edgetek™ PKE Glass-Filled Portfolio Polyketone formulations with 20, 30, or 40% short glass fiber reinforcement available in natural or black Complēt™ PKE Portfolio Long fiber reinforced polyketone formulations with 30, 40, or 50% fiber loading and available in natural or black, and available in non-PFAS* formulations to achieve a UL 94 V-0 flame rating at 1.5 mm ET8900-0001 20GF NAT LGF30-PKE 1088 NAT ET8900-0002 30GF NAT LGF30-PKE 2020 BLK ET8900-0003 40GF NAT LGF40-PKE 1088 NAT ET8900-0004 20GF BLK LGF40-PKE 2020 BLK ET8900-0005 30GF BLK LGF50-PKE 1088 NAT ET8900-0006 40GF BLK LGF50-PKE 2020 BLK FEATURED PRODUCTS * Non-PFAS flame-retardant (FR) grades are manufactured without intentionally added PFAS-based raw materials.
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/nymax/bergamid-polyamide-formulations
Delivered a high-impact nylon formulation with equal performance and 80% less weight
https://www.avient.com/resource-center/knowledge-base/article/continuous-fiber-reinforced-thermoplastic-composites?ind%5B0%5D=6595
Polystrand thermoplastic composite materials can be produced with fiber volume percentages ranging from 58% to 80% to achieve specific performance requirements depending on the intended application.
https://www.avient.com/resource-center/knowledge-base/article/continuous-fiber-reinforced-thermoplastic-composites?rtype%5B0%5D=1164
Polystrand thermoplastic composite materials can be produced with fiber volume percentages ranging from 58% to 80% to achieve specific performance requirements depending on the intended application.
https://www.avient.com/sites/default/files/2021-01/w-9-clariant-plastics-coatings-usa-llc-july-20201.pdf
Generally, this must be the same treaty under which you claimed exemption from tax as a nonresident alien. 2.
Sufficient facts to justify the exemption from tax under the terms of the treaty article.
The following codes identify payees that are exempt from reporting under FATCA.
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Customs Trade Partnership Against Terrorism (CTPAT), the supply chain security program under U.S.
The most advanced LSS training is for Black Belt level project leaders.
In 2023, we were able to further optimize operations through executing over 80 waste minimization projects around the world.
https://www.avient.com/sites/default/files/2022-03/Trilliant HC Electrically Conductive Formulations for Pipette Tips Application Bulletin.pdf
KEY PERFORMANCE PROPERTIES1 PHYSICAL NOMINAL VALUE UNIT TEST METHOD Density/Specific Gravity 1.00 ASTM D792 Melt Mass-Flow Rate (MFR) (230°C/2.16kg) 20 g/10 min ASTM D1238 MECHANICAL Tensile Strength 15.0 MPa ASTM D638 Flexural Modulus 1400 MPa ASTM D790 Flexural Strength 35.0 MPa ASTM D790 IMPACT Notched Izod Impact (Injection Molded) 150 J/m ASTM D256 ELECTRICAL Surface Resistivity < 100000 ohms/sq ASTM D257 PROCESSING INFORMATION INJECTION NOMINAL VALUE UNIT Drying Temperature 80 to 90 °C Drying Time 4.0 to 6.0 hr Processing (Melt) Temperature 220 to 250 °C Mold Temperature 30 to 80 °C Trilliant™ HC Electrically Conductive Formulations for Precision Performance Pipette Tips A critical design consideration for pipette tips is the accurate measurement of finite amounts of liquid.