https://www.avient.com/sites/default/files/2024-10/Edwards Ballistic Panel Case Study.pdf
They are constructed
from layers of 0°/90° woven E-glass fiber reinforcements
combined with a proprietary resin system in a
continuous pultrusion manufacturing process.
https://www.avient.com/sites/default/files/2024-11/Ballistic Panel Infographic.pdf
Characteristic
GlasArmor
Thermoset
Panels
ThermoBallistic
Thermoplastic
Panels
Steel Concrete
Performance-to-Weight
Bullet Resistance – Pistols
Bullet Resistance – Rifles NA1
Temperature Performance 2
UV Resistance 3
Electrical Conductivity
Flame Retardance 5 4
Ease of Installation
1 Ballistic resistance to rifle fire can be achieved by layering
ThermoBallistic and GlasArmor panels – contact Avient
2 ThermoBallistic panels made with polypropylene resin systems
3 UV resistance is achieved using surface polymeric films
4 Flame retardant additives can be incorporated upon request under
some circumstances
5 Fire rated for 1-hour per ASTM E-119-09c when tested in an interior
wall system
Compare
the
different
materials
used for
ballistic
protection
https://go.avient.com/BallisticProtection?
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
Avient corporation first quarter 2023 results
AVIENT CORPORATION
I N V E S T O R P R E S E N T A T I O N
(NYSE: AVNT)
J A N UA RY 2 0 2 4
DISCLAIMER
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.
WHAT WE DO: WE ARE A FORMULATOR
CUSTOM
FORMULATION
6
N OVE MBE R 2 , 2023
W E BCAS T
P RE S E N TAT I O N
Complementary technologies and
customer relationships offer opportunity to
advance commercial strategy
Dyneema®, the world’s strongest fiber™, to
accelerate growth of sustainable, ultralight
and high performance applications
AVIENT PROTECTIVE MATERIALS
FIRST YEAR
8
Composites comprises over half of
Specialty Engineered Materials,
compared to 9% in 2016
Proven history of success in areas
such as outdoor high performance,
defense and sustainable solutions
Composites
44%
56%
2023E
Sales
Collaboration & InnovationComposites as a % of SEM People & Culture
Talented, passionate, and
creative associates drive
continued integration success
and allow two cultures to come
together as one Avient
Lightweight Protective Laminates:
PROJECTILE PROTECTION
Dyneema® Fiber Solutions
Cushioning + Fit + Comfort:
LONG-TERM WEAR
reSound™ Versaflex™ Thermoplastic Elastomers
Strength + Durability + Light-Weighting:
SOLID MOUNTING BRACKETS
Nymax™ Bergamid™ Complēt™ Engineered Materials
Durability + Lubricity:
HELMET LATCHES
Lubri-One™ Internally Lubricated Polymers
Color Consistency and Weatherability
CUSTOMIZED SPECIFICATIONS
Avient Color and Additive Solutions
Antennae Performance
FAST, RELIABLE CONNECTIONS
PREPERM™ Low-Loss Dielectric Thermoplastics
AVIENT PROTECTIVE MATERIALS
CROSS SELLING OPPORTUNITIES
Wired Connections
CONSTANT COMMUNICATION
Syncure™ Cross-linkable Wire & Cable Formulations9
10
AVIENT PROTECTIVE MATERIALS
CROSS SELLING OPPORTUNITIES
10
Q 3 P E RFO RMAN CE
15.4%
16.3%
2022 PF 2023
Results vs.
Avient 2011, 2018 and 2021 multiples reflect trailing 12 months EBITDA at December 31.
28
EV / 2023E EBITDA
6.5
8.5
11.0 10.8
16.1 15.5
14.1 14.0
10.3
21.0
19.0
14.3
12.1 11.8 11.7 11.5
9.7
11
21
23
PM AV
FM
Avient Historic Multiple
Avient Specialty
Other Specialty /
AP P E N DI X
30
Performance
Additives
16%
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
2022 pro forma results for the acquisition of Avient Protective Materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
32
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
2022 REVENUE | $2 .4 BILLION
US & Canada
34%
38%
END MARKET REGION
33
34%
21%
Building &
1% Energy
2%
COLOR, ADDITIVES & INKS
2022 PRO FORMA REVENUE | $1 .3 BILLION
US & Canada
52%
35%
34
19%
8%Industrial
16%
9% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
27%
14%
17%
Building &
(37% of sales)Transportation
12%
Building &
US &
Canada
(40% of sales)
7%
56%
23%
7%
Building &
1%
LATAM
(5% of sales)
3%
35
BY END MARKET
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2020-09/case-study-one-pager-maxxam-hvac-door.pdf
DENSO
M E C H A N I C A L H V A C D O O R F L A P
• Processability was key as the part had to be injection
compression molded due to its extremely thin nature
• Copper resistance
• Light weight
• Anti-static
• Low VOC
• Worked in close collaboration with the customer to
understand key design challenges and needs
• Streamlined the development process through global
presence, working locally in Europe while also running
trials in Asia
• Re-designed the part to provide a 90% weight
reduction
• Utilized material science expertise to create a custom
formulation that improved resistance to copper
deposits and enabled injection compression molding
Customized Maxxam™ Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-08/baby-bottle-one-page-case-study.pdf
BABY BOTTLE
MANUFACTURER
I N F A N T M I L K B O T T L E S
• Compliant with FDA food contact and China National
Standard GB 9685
• Able to withstand repeated steam sterilization
• Transparent for more pleasing appearance and easy
identification of measurement lines
• Good impact resistance
• Developed formulation to comply with both
FDA and GB 9685
• Provided material able to withstand
repeated steam sterilization and maintain
excellent mechanical performance
• Achieved a more pleasing color and clarity
to enhance measurement lines
• Met the need for impact resistance
Colorant Chromatics™ PPSU Precolor
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-03/case-study-colormatrix-impress-rpet-bottle.pdf
Case Study - ColorMatrix Impress rPET Bottle vF PDF
© 2019, All Right Reserved
PolyOne Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
BOTICÁRIO
C O S M E T I C P A C K A G I N G
• Cosmetic bottle packaging colorant designed to help
distinguish product on the shelf
• Compatible with sustainable packaging material to enable
use in rPET technology
• Brand-specified color
• Local material development support
• Achieved brighter color and more brilliant
metallic effect than alternative colorants
• Developed for use in 10% recycled rPET
bottle
• Formulated custom liquid colorant on-site
and matched to brand color standard
ColorMatrix™ Impress™ High Gloss Metallic
Effect Colorants liquid color for bottle
packaging
KEY REQUIREMENTS WHY POLYONE?
https://www.avient.com/sites/default/files/2023-01/ECCOH XL 8148 - Photovoltaic Cable - Application Snapshot.pdf
Name of topic
CABLE
PRODUCER
P H O T O V O L T A I C C A B L E
• Simplified supply chain and inventory by providing one
solution for both insulation and jacket coating
• Provided a material that gave cable a good surface finish
and improved cable life time value (passed Arrhenius life
time prediction as per IEC 60216-1 in internal lab test)
• Reduced catalyst dosage resulting in lower material cost
• Improved customer processing speeds
• Enabled flame retardant performance to EN 50618 and
IEC 60332-1 standards on complete cable
ECCOH™ XL 8148 + ECCOH XL CAT 005
Formulations
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-07/Additives and Colorants for PP-R PP-RCT Pipes - Application Snapshot.pdf
PIPE & FITTINGS
MANUFACTURER
W A T E R / F L U I D D I S T R I B U T I O N
• Suitable for PP-R and PP-RCT
• Specific color targets for external and inner layers
• Improved resistance to chlorine for the inner layer
• Food contact approval for the inner layer
• Batch-to-batch consistency
• Matched color references in concentrates
suitable for PP-R and PP-RCT
• Developed custom colorant/antioxidant
combination masterbatch with high
resistance to chlorine and food contact
approval for the inner layer
• Ensured batch-to-batch consistency for
sustained performance
Color concentrates and color/antioxidant
combination masterbatch
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-01/PREPERM - Body Scanner - Application Snapshot.pdf
SECURITY EQUIPMENT
MANUFACTURER
B O D Y S C A N N E R
• Replace PMMA based radome material
• Consistent dielectric performance across large sheet/surface area
(4mm thick, 2m high)
• Ultra low losses
• No defects across full surface area
• High resolution imaging to show small illegal objects
• Formulated a custom material to match customer
requirements
• Reduced dielectric loss to 0.0009
• Improved image quality of body scanner with
uniform dielectric performance and exceptionally
low losses
• Enabled scan time of 2 seconds and person
throughput of 400 persons per hour, compared to
100 person throughput of conventional devices
PREPERM™ PPE 260 Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-03/LFT - Blower Vac - Application Snapshot.pdf
LAWN & GARDEN OEM
F A N F O R B L O W E R / V A C U U M
• Lighter than incumbent magnesium part to improve start-
up efficiency and enhance overall user experience
• High impact resistance to withstand the effect of fast-
moving landscaping debris
• Good dimensional stability to meet tight tolerances of
assembly
• Expertise to guide next-generation product
development
• Proved material performance success through
extensive Mold Flow and FEA simulations to
prove concept without prototyping and minimize
development costs
• Produced material globally to support regional
demands
• Referred customer to US-based dependable
mold shops to support local production
Complēt™ MT 40% Long Glass Fiber Impact
Modified Formulation
KEY REQUIREMENTS
WHY AVIENT?