https://www.avient.com/investor-center/news/polyone-board-directors-appoints-robert-m-patterson-chairman-board
Richard H.
https://www.avient.com/investor-center/news/avient-board-directors-appoints-ashish-k-khandpur-chairman-board
Richard H.
https://www.avient.com/news/new-black-colorants-polyone-support-circular-economy-turn-former-waste-recyclable-packaging
OnColor™ Infrared Sortable Black for Recyclable Packaging contain no carbon black pigment, permitting the automatic optical sorting sensors used in many waste management plants to detect black polymers and sort waste into the correct recycling streams.
PolyOne’s new black colorants address this issue by eliminating carbon black and enabling black plastics to be sensed, sorted, and recycled efficiently.
PHOTO CAPTION: OnColor™ Infrared Sortable Blacks Enable Detection and Recycling of Black Polymer Packaging in Waste Plants
https://www.avient.com/sites/default/files/2022-11/Vehicle HVAC System Application Snapshot.pdf
TIER 1 SUPPLIER V E H I C L E H V A C S Y S T E M • Rapidly develop formulations for 7 types of thermoplastic • Help Tier 1 meet VW requirements for anti-static solutions • Able to quickly develop 7 SmartBatch (color + effect additive) solutions, for 7 types of thermoplastic • Avient formulated the TPE used in the air vents for this HVAC system SmartBatch™ Combination Colorants and Additives, Cesa™ Stat Additives, and OnFlex™ TPE KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/news/new-super-black-textile-colorants-meet-global-demands-intense-deep-effects
The new super black range is powered by a specialized technology that makes a spectrum of black colors appear deeper and more intense, and is suitable for small denier fiber and microfiber.
New super black colors also feature a 30 to 60 percent lower addition rate compared with conventional black masterbatch.
EDITORS: For a high-resolution image, please click here: PolyOne Super Black for Textiles
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.pdf
Microsoft PowerPoint - AVNT Q3 2021 Earnings Presentation - WEBSITE AVIENT CORPORATION T H I R D Q U A R T E R 2 0 2 1 R E S U LT S (NYSE: AVNT) O C T O B E R 2 8 , 2 0 2 1 DISCLAIMER 2 Forward-Looking Statements In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
D is t. ) K W R P P G A V Y F U L R P M G C P F M C H X L H U N E C L A S H E M N C E S C L Source: Peer data per Bloomberg market data as of October 25, 2021 Avient reflects 2021 estimated revenue of $4,750M and estimated CAPEX of $80M (excludes one-time synergy capture CAPEX of $20M) Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators.
With the Clariant Color business acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets, with increased geographic diversification and a more specialized portfolio that can significantly expand EBITDA margins. 24 Avient reflects 2021 estimated EBITDA of $580M OUR VALUATION VERSUS PEERS Avient Specialty Formulators Other Chemical/Specialty Companies 11.0 18.3 16.3 15.4 14.5 11.6 11.1 36.2 28.0 24.9 13.0 11.5 11.3 10.0 9.2 8.8 7.7 6.7 A vi en t K W R P P G A V Y R P M F U L G C P A L B H X L E C L A S H F M C B N R S C L U N V R E M N C E H U N SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/news/new-black-colorants-available-avient-help-achieve-high-jetness-polyester-textiles
New Renol™ Black Colorants Deep Black provide intense black shades with excellent light fastness to polyester textiles.
Deep black is perceived by customers as more attractive, conveying an impression of high quality in contrast to less intense black shades, which can look washed out.
Our new deep black colorants are formulated to help meet all of these needs and can be customized to achieve a specified deep black intensity in virgin and recycled polyester grades, making them suitable for different textile applications.”
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Microsoft PowerPoint - AVNT Fermium Conference - May 2023 AVIENT CORPORATION I N V E S T O R P R E S E N T A T I O N (NYSE: AVNT) M AY 4 , 2 0 2 3 H O S T E D B Y : 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.
Avient Specialty Formulators Other Specialty / Chemical Companies 2023E(%) 36 79 87 83 81 76 73 90 79 77 76 73 69 60 22 A vi en t K W R P P G F U L A V Y R P M F M C C E H X L A S H E C L H U N E M N S C L MULTIPLE EXPANSION Avient Specialty Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of April 28, 2023 Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.51.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years. 37 EV / 2023E EBITDA Historic Multiple 6.5 8.3 9.9 14.6 13.7 13.0 11.9 8.8 18.7 17.4 11.8 10.0 9.7 9.1 8.0 7.9 A vi en t (2 01 1) A vi en t (2 01 8) A vi en t (2 02 3) K W R P P G R P M A V Y F U L E C L H X L F M C A S H S C L C E E M N H U N 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/resource-center?document_type=59&page=8
Maxxam™ NHFR formulation provides non-halogen flame retardant performance for extractor fan
Renol™ Fiber Colorants Deep Black Colorants for PET Fibers
Overview of Renol fiber colorants that achieve deep black shades in spun-dyed polyester and polyamide yarns.
https://www.avient.com/sites/default/files/2021-11/artisan-ar7300-pre-colored-formulation-processing-guide.pdf
HDPE is not recommended for purging as it can cause delamination or lead to black specks.
Runners • Full-round runners or modified trapezoid runners are the best designs. • Half-round runners are not recommended. • Only naturally balanced runner systems (“H” pattern) are recommended. • Runner diameters should not be less than the part thickness. • Runner diameter should be 1.5x the part thickness. • Step each 90° bend in the system down in size. • Place vents at each 90° intersection and vent to atmosphere. • Hot runner molds are acceptable and should be sized by the manufacturer.
Sink Marks Melt too hot • Decrease nozzle and barrel temperatures • Decrease mold temperature Insufficient material volume • Adjust transfer position • Increase shot size • Increase injection rate • Increase packing pressure Part geometry too thick • Reduce wall thickness • Reduce rib thickness TROUBLESHOOTING RECOMMENDATIONS PROBLEM CAUSE SOLUTION Flash Injection pressure too high • Decrease injection pressure • Increase clamp pressure • Decrease injection rate • Increase transfer position Excess material volume • Adjust transfer position • Decrease pack pressure • Decrease shot size • Decrease injection rate Melt and/or mold temperature too hot • Decrease nozzle and barrel temperatures • Decrease mold temperature Loose clamp • Reset mold height • Increase clamp tonnage Shrink Too much shrink • Increase cooling time • Decrease mold temperature Too little shrink • Decrease cooling time • Increase mold temperature Burning Process related • Decrease nozzle and barrel temperatures • Decrease mold temperature • Decrease injection rate • Reduce decompression Mold design • Clean, widen and increase number of vents • Increase gate size to reduce shear Wet material • Verify material is dried at proper condition Nozzle Drool Nozzle temperature too hot • Decrease nozzle temperature • Decrease back pressure • Increase screw decompression • Verify material has been dried at proper conditions Incorrect nozzle • Use reverse taper tip Weld Lines Melt front temperatures are too low • Increase injection rate • Increase pack and hold pressure • Increase melt temperature • Increase mold temperature Mold design • Increase gate size • Identify end of fill pattern and verify proper vent location • Add vents or increase vent width • Move gate location TROUBLESHOOTING RECOMMENDATIONS PROBLEM CAUSE SOLUTION Warp Process related • Increase melt temperature • Reduce injection speed • Increase pack pressure • Increase pack time • Decrease mold temperature • Increase cool time Mold design • Non-uniform mold cooling Part design • Non-uniform wall thickness Thermolator incorrect temperature • Check settings • Inspect thermocouple Sticking in Mold Overfilled cavity • Decrease injection rate and pressure • Decrease hold pressure • Adjust transfer position • Decrease nozzle and barrel temperatures • Decrease mold temperature • Decrease cooling time Part too hot • Decrease barrel temperature • Decrease mold temperature • Increase cooling time Mold design • Increase draft angle • Polish cores in direction of ejection Black Specks Contamination • Purge machine Degradation • Reduce melt temperature • Reduce screw speed • Reduce back pressure Machine related • Check for wear on screw, barrel or check ring Delamination Process related • Increase melt temperature • Decrease injection speed • Purge barrel to eliminate material contamination Mold design • Reduce sharp corners in material flow path • Increase venting TROUBLESHOOTING RECOMMENDATIONS PROBLEM CAUSE SOLUTION Discoloration Oversheared material • Decrease melt temperature • Decrease injection speed • Reduce residence time Mold design • Increase gate sizing Dry material • Check moisture of material to ensure it is within the recommended moisture percentage for molding TROUBLESHOOTING RECOMMENDATIONS 1.844.4AVIENT www.avient.com Copyright © 2021, Avient Corporation.