https://www.avient.com/news/polyone-launches-new-textile-printing-technology-china-wilflex-epic-rio-non-phthalate-ink-mixing-system
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PolyOne Launches New Textile Printing Technology in China: Wilflex™ EPIC™ Rio Non-Phthalate Ink Mixing System
SHANGHAI – March 31, 2017 – PolyOne today announced the Chinese launch of non-phthalate Wilflex™ EPIC™ Rio, a new color mixing system for screen-printing textile inks.
About Wilflex
PolyOne Wilflex Inks are more than just textile inks.
https://www.avient.com/news/new-super-black-textile-colorants-meet-global-demands-intense-deep-effects
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New Super Black Textile Colorants Meet Global Demands for Intense, Deep Effects
We developed this technology in response to the growth in demand for black textiles,” said Say-Eng Lee, general manager Color Asia, at PolyOne.
EDITORS: For a high-resolution image, please click here: PolyOne Super Black for Textiles
https://www.avient.com/news/archives?page=0
Dyneema® to Exhibit at the Functional Fabric Fair and Reveal Groundbreaking New Technology
Dyneema® to Exhibit at the Functional Fabric Fair and Unveil Groundbreaking New Dyneema® Woven Composites
To download a high-resolution image, pl
Dyneema® Announces Collaboration with Toyobo MC in Floating Offshore Wind Turbine Mooring Systems for Japan
https://www.avient.com/news/archives
Dyneema® to Exhibit at the Functional Fabric Fair and Reveal Groundbreaking New Technology
Dyneema® to Exhibit at the Functional Fabric Fair and Unveil Groundbreaking New Dyneema® Woven Composites
To download a high-resolution image, pl
Dyneema® Announces Collaboration with Toyobo MC in Floating Offshore Wind Turbine Mooring Systems for Japan
https://www.avient.com/news/textile-screen-printers-have-new-ally-epic-rio-non-phthalate-ink-mixing-system-wilflex
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Textile Screen Printers Have a New Ally: EPIC™ Rio Non-Phthalate Ink Mixing System from Wilflex
CLEVELAND – PolyOne today announced the launch of non-phthalate Wilflex™ EPIC™ Rio, a new color mixing system for textile inks.
About Wilflex
PolyOne Wilflex Inks are more than just textile inks.
https://www.avient.com/idea/developing-your-esg-framework
Are you looking for organizations within your industry’s value chain with similar sustainability commitments?
To help guide this alignment, it’s beneficial to establish policies to evaluate other organizations in the value chain.
Creating policy guidelines to ensure that organizations within your value chain ensure alignment of sustainability efforts.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
Additionally, Adjusted EPS excludes the impact of special items and amortization expense
associated with intangible assets.2
T R A N S F O R M A T I O N A L
O V E R V I E W
Avient Protective
Materials
Dyneema
®
RECENT TRANSAC TIONS
Acquired Divested
$1.45 B $0.95 B
4
Distribution
UPDATED CA PI TAL STRUC TURE
& LI QUI DI TY
• Proceeds from completed
sale of Distribution used to
pay near-term maturing debt
to strengthen balance sheet
• Fixed/floating debt ratio of
~55/45
• Proven track record of
deleveraging following major
acquisitions through strong
free cash flow generation
• 2022 pro forma net
debt/adjusted EBITDA
expected to be 3.1x
$725 $725
$575 $500
$600
$525
$650
$650
$600
Capital Structure
Cash
$544
Undrawn
Revolver
$250
Liquidity
$3.15B
$2.40B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
2023 Notes
After Dyneema
Acquisition
After Distribution
Divestiture
$794M
(1)
(1) $250M reflects estimated undrawn revolver following the divestiture of Distribution
5
PREVI OUS TR ANSACTIONS
Performance
Solutions
Products &
$0.8 B
COLOR
$1.4 B
Acquired (2020)Divested (2019)
6
• 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
• $75 million of realized synergies anticipated in 2022
• Acquisition completed on July 1, 2020 for $1.45 billion.
O P S )
16
Sales Adjusted EBITDA
$818
$823
2021 2022
+ 1%
Adjusted EPS
+ 8% - 3%
(in millions) (in millions)
(+ 9% excluding FX) (+ 18% excluding FX) (+ 5% excluding FX)
Q3 EBITDA BRIDGE
( P R O F O R M A T O TA L C O M PA N Y )
17
Price increases more than
offset raw material and
supply chain impacts
$ millions
CAI:
Price / Mix 68
Inflation (44)
SEM:
Price / Mix 41
Inflation (26)
Net Price Benefit 39
Wage and Energy Inflation (14)
Clariant Color Integration Synergies 6
Incentives, Other Employee Costs 14
FX (11)
Q3 2022 $137
Adjusted
EBITDA
Q3 2021 $ 142
Demand (39)
Q3 2022 SEGMENT PERFORMANCE
18
CAI
$587
$566
Sales
($ in millions)
$93 $93
EBITDA
SEM Pro Forma
$326 $319
Sales
$70
$62
EBITDA
(+ 4% excluding FX)
- 4% - 2%
(+ 5% excluding FX)
Flat
(+ 7% excluding FX)
- 11%
(- 7% excluding FX)
$500
$585
Cont.
https://www.avient.com/sites/default/files/2023-04/Fiber Colorants and Additives Brochure.pdf
However, the way color is added
to fibers can directly affect the sustainability of the
final fabric, which is an important topic for the textile
industry.
Avient’s high performance colorants and additives
support the textile industry as it seeks to increase
the sustainability of its products and manufacturing
processes.
Additives that help enhance
properties and improve fiber manufacturing
processes can help fiber and filament producers
meet the challenging performance and regulatory
requirements of different textile applications.
https://www.avient.com/idea/how-use-color-and-texture-boost-vehicle-interior-appeal
Automotive textiles, for example, can be matched with molded polymers to create tactile interiors for aesthetic purposes.
But beware: Matching colors on disparate materials, such as textiles and molded polymers, is not an easy task.
Disparate colors: Mixing the colors of textiles in a car’s interior can stretch its appeal to new audiences.
https://www.avient.com/company/sustainability/sustainability-report/products/supplier-collaboration-evaluation
Avient’s Sustainable Sourcing Program focuses on embedding sustainable practices into our supply chain decisions.
Avient’s business objective is to use conflict free materials and components in our products and expects our global supply chain partners to do the same.
Avient holds this process as a standard with all suppliers, thus reducing third-party supply chain risk.