https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
In particular, these include statements relating to future actions; prospective changes in raw
material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal
proceedings and environmental liabilities; and financial results.
This is due to the inherent difficulty of forecasting the timing and amount of
certain items, such as, but not limited to, mark-to-market adjustments associated with benefit plans, environmental remediation costs, acquisition-related costs, and other non-routine costs.
GUIDANCE
12
14.8%
15.8%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Resilient demand for
composites and sustainable
solutions which improved
mix of higher margin
applications
• Deceleration of raw material
inflation
• Cost reduction activities
Q1 EBITDA BRIDGE
13
$ millions
CAI:
Price / Mix 19)
Inflation (4)
SEM:
Price / Mix 6)
Inflation (4)
Net Price Benefit 17)
Wage and Energy Inflation (13)
Cost Reductions 8)
FX (6)
Q1 2023 Actual $134)
Adjusted
EBITDA
Q1 2022 Pro Forma $ 176)
Demand (48) • Weak demand
conditions in-line
with previous
expectations
• Pricing continues to
cover inflation of raw
materials, wages
and energy
U.S. & Canada
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
14
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
https://www.avient.com/sites/default/files/2024-03/Alternatives to Nylon 6_6 Brochure %281%29.pdf
HOW ALTERNATIVE
POLYMERS COMPARE
TO PA 6,6
PA 6 | POSSIBLE APPLICATIONS:
Automotive, Industrial, Consumer & Sporting Goods
Wider processing temperature range
Better surface quality
Better weathering resistance
Shorter conditioning time—nearly half that of PA 6,6
Lower temperature resistance
Slightly lower chemical resistance
Higher water absorption
Lower stiffness/wear resistance
PK | POSSIBLE APPLICATIONS:
Automotive, Consumer & Sporting Goods, Industrial,
Electrical & Electronics
Lower CO2 emissions in production
Better hydrolysis and chemical resistance
Comparable dimensional stability
Inherently lubricious for reduced wear and friction
Easier to mold
Cost competitive
Lower short- and long-term thermal performance
Harder to color
More limited process window
PBT/PET | POSSIBLE APPLICATIONS:
Electrical & Electronics
Lower water absorption
Slightly higher rigidity/stiffness (for PBT)
Better abrasion resistance
Slightly better electric resistance
Lower toughness properties
Higher density
Lower short- and long-term temperature resistance
Lower hydrolysis resistance
PP | POSSIBLE APPLICATIONS:
Automotive, Consumer Goods,
Lightweighting Applications
Lower water absorption
Slightly better chemical resistance
Lower density
Cost effective
Fiber reinforced PP can achieve similar or
better mechanical properties to PA 6,6 GF30
Reduced rigidity/stiffness
Much lower abrasion resistance
Lower electric resistance
Reduced short- and long-term temperature
resistance
PC/PBT & PC/PET BLENDS |
POSSIBLE APPLICATIONS: Automotive Interiors,
Consumer Goods, Household Appliances
Higher impact strength
Good scratch resistance
Good wear resistance
Lower mechanical properties
Higher brittleness
Narrow processing temperature range
PA 6,6/PET BLENDS |
POSSIBLE APPLICATIONS: Automotive, Industrial,
Appliance, Electrical & Electronics, Applications Where
Low Water Absorption is Required
Reduced water absorption—up to 40%
Slightly higher mechanical properties in the conditioned state
Slightly lower temperature resistance
Slightly lower chemical resistance
Narrow processing temperature range
PA/PP BLENDS | POSSIBLE APPLICATIONS:
Automotive Interiors, Electronics,
Consumer & Sporting Goods
Good adhesion to polyolefin-based TPEs
Low permeability of water
Good processability
Lower density
Lower temperature resistance
Lower mechanical properties
POST-INDUSTRIAL RECYCLED SOLUTIONS
(PA 6,6/PA 6/PP) |
POSSIBLE APPLICATIONS: Automotive Accessories,
Industrial, Consumer & Sporting Goods
Between 50-80% recycled content
Good processability
Cost effective
Reduced chemical resistance
Wider range of mechanical specifications
Potential for slightly lower mechanical properties
1.844.4AVIENT
www.avient.com
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/resources/Marine%2520Panels%2520Application%2520Bulletin.pdf
No matter
which process you choose—assembling panels
from aluminum, steel or wood; hand lay-up
with composites; or producing panels using
the vacuum assisted resin transfer molding
(VARTM) process—throughput remains low
while costs are high.
Our high fiber volume,
glass-reinforced thermoplastic panels and
continuous resin transfer molding (CRTM)
thermoset sandwich panels can streamline
production and reduce system costs by
eliminating assembly steps such as welding,
drilling, bolting and riveting.
Because the
manufacturing process is continuous, it
also provides significant cost savings over
traditional composite panel manufacturing
techniques.
https://www.avient.com/sites/default/files/2024-11/Dispersions Healthcare Leave-Behind.pdf
Epoxy Colorant Dispersions
Enable high-cost efficiency, stability, and customization
opportunities with long-lasting and hygienic properties for
healthcare facility floor coatings.
As your customers turn to you for high-performing, cost-effective healthcare products, you can turn to us for material
solutions that keep you innovating ahead of the competition.
With FDA-compliant grades and USP Class VI certified silicone colorants,
we can help you mitigate risk and address challenges in delivering high-performing and cost-effective products.
https://www.avient.com/sites/default/files/2020-10/demystifing-cmf-brochure.pdf
ENSURING COST
EFFECTIVENESS &
MANUFACTURABILITY
HOW WILL MY CMF CHOICES IMPACT MY MANUFACTURING
OPERATIONS AND COSTS?
If it looks great, but can’t be manufactured or costs
too much, development dies on the vine.
5 COMMON OBSTACLES
BRANDS FACE WITH EVERY CMF CHOICE
D E S I G NC
LLEN
ES
D E S I G N I L LU M I N AT E S
COMPARATIVE
STUDIES
HOW WE CAN HELP
OUR PR OCESS LEADS TO EDUCATED DESIGN CHOICES
TRENDS &
INSIGHTS
OPERATIONS
SUPPORT
DESIGN
SERVICES
POLYMER
INNOVATIONS
Avient Design works with you to find inspiration specific
to your product and your needs.
https://www.avient.com/sites/default/files/2021-01/sem-base-station-antenna-application-bulletin.pdf
In addition to an increased speed to market, our custom formulations boost your
design flexibility and offer better performance-to-cost ratios as compared to traditionally used materials.
Better Performance-to-Cost Ratios – Traditionally
used materials can cost 30–40% more than a
thermoplastic solution at only slightly better
performance.
https://www.avient.com/sites/default/files/2020-08/colormatrix-reprize-brochure-8.5x11.pdf
INCREASED
RECYCLE
CONTENT
Benefits of using rePrize include:
• Increased product target IV
• Improved melt flow consistency
• Increased recycle content
• Reduced rejects and scrap
• Improved low temperature performance
rePrize can be combined with other liquid
additives and can be used to optimize sheet
manufacturing processes and product quality,
whilst allowing for increased levels of recycle,
contributing towards improved sustainability
and reduced costs.
FEATURE BENEFIT
• Liquid technology
• More accurate dose
control
• Less variation in melt flow
and product IV
• Can be coupled to an
on-line rheometer
• Shorter transition times
• Does not require
pre-drying
• Less dust
• Higher IV in melt phase
• Improved uniformity
when replacing virgin
PET in PCR sheet
• Eliminate/reduce solid
phase polymerization
(rPET)
• Increased use of post
consumer flake or
re-grind (Sheet)
• Reduced brittleness, less
breakages and scrap
• More consistent melt flow
• Reduced cost
• Higher productivity
• Cleaner working
environment
PROCESS HIGHLIGHTS
• Higher productivity
• Cleaner working environment
• New product designs and applications
• Improved shelf appeal
PET SHEET
• Increases final IV
• Less variation in product IV
• More consistent melt flow
• Increased use of flake or regrind
• Shorter transition times
• Reduced scrap
• Reduced dust
• Improved impact strength
• Improved low temperature
performance
• Improved aesthetics
Information and photographs supplied
by Sunwell Global Ltd
• Higher productivity
• Improved sustainability
• Lighter weight, higher strength
• Properties comparable to
PS packaging
• Recyclable
PET MONO/MULTI
LAYERED SHEET
XPET FOAM SHEET
ROUND DIE
• Improved melt flow consistency
• Improved IV consistency
• Increased recycle content
• Reduced rejects and scrap
• Increased product strength
• Improved low temperature
performance
• Increase final IV
• Increased use of regrind
• Impossible to start up
without it
• Faster product changeover
• Easier to cut
• Increased strength
• Lighter weight
• Good sealing
ColorMatrix™ rePrize is a PET compatible formulated liquid dispersion, designed to
increase the polymer chain length via reactive extrusion.
This results in an increase
in both the polymer intrinsic and melt viscosity. rePrize is suited to applications in:
• PET monolayer sheet
• PET multilayered sheet
• PET foamed sheet
rePrize can be used to optimise sheet manufacturing processes and product quality,
whilst allowing for increased levels of recycle, contributing towards improved
sustainability and reduced costs
PRODUCT DESCRIPTION
GLOBAL REGULATORY APPROVALS
PRODUCT FDA EU GB MERCOSUR
rePrize • • • •
1.844.4AVIENT
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2023-04/ColorMatrix UV Brochure.pdf
COLORMATRIX™
ULTIMATE™ UV LIGHT
BLOCKING ADDITIVES
UV absorbing additive technology with
broadband protection for PET and rPET
COLORMATRIX™ ULTIMATE™ UV TECHNOLOGY
The ColorMatrix™ Ultimate™
UV range offers cost-
effective light blocking
for UV sensitive products
packaged in PET.
A cost-effective, easy-to-use solution
The Ultimate UV range is a liquid dispersion
technology offering highly accurate and cost-
effective dosing.
https://www.avient.com/sites/default/files/2020-09/sem-stain-resistant-phone-cases-application-bulletin.pdf
Offering premium blue jean stain resistance on par with silicone,
this material increases design freedom, boosts speed to market capabilities, and enhances supply chain
flexibility at a significantly reduced cost.
Reduce overall costs – Versaflex CE 3320-70 has
lower manufacturing and total part costs compared
to silicone.
https://www.avient.com/sites/default/files/resources/Forward%2520Looking%2520Statements%2520and%2520Non%2520GAAP%2520Measures.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 financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate
liquidity) to maintain their credit availability;
� The speed and extent of an economic recovery, including the recovery of the housing market;
� The amount and timing of repurchases, if any, of PolyOne common shares and our ability to pay regular quarterly cash dividends and the amounts and
timing of any future dividends;
� The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks;
Changes in polymer consumption growth rates in the markets where we conduct business;
Forward Looking Statements
� Changes in polymer consumption growth rates in the markets where we conduct business;
� Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online;
� 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;
� An inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital
reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services;
� The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies, and retain
relationships with customers of acquired companies, including without limitation, Color Matrix Group, Inc.