https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2020-results
The company noted its materials enable food, beverage and medical supplies to continue to be produced, packaged, shipped and used.
This includes masks, protective garments, medical tubing and packaging for personal care products.
https://www.avient.com/sites/default/files/resources/8.31.19%2520Investor%2520Presentation.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
SERVICE:
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 31
T A L E N T D E V E L O P M E N T
PolyOne Corporation 32
Leadership Program Participants
2012
2013
2015
47
86
2016
2018
125
169
315
Campus Hires
2008
2011
2017
25
90
47
PolyOne LSS Blackbelts
2008
2011
2018
67
220
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
IQ DESIGN LABS
PolyOne Corporation 33
Material
& Color
Expertise
Manufacturing
Expertise
3
14
Industrial designers
$0
$10M
$4M
$80M
Opportunity funnel New business revenue
LSS CUSTOMER FIRST
PolyOne Corporation 34
Customer Projects
2 104
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 35
PolyOne Corporation 36
99.9%
up to 24 weeks
6 hours
C O L O R M A T R I X S E L E C T ™
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 37
SEGMENT HIGHLIGHTS
C O L O R , A D D I T I V E S & I N K S
PolyOne Corporation 38
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
14%
Textiles
13%
Building & Construction
8%
8%
Appliances
Electrical &
Electronic 1%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 8 R E V E N U E | O V ER $ 1 B I L L I O N
$4
$25
$104
$159
0.9%
5.5%
12.2%
15.1%
PolyOne Corporation 39
45%
14%
1%
Mexico
South
America
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
PolyOne Corporation 40
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
21%
13%Healthcare
9%
9%
Building &
Construction 4%
Electrical &
Electronics
16%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 8 R EV EN U E | $ 6 4 6 M I L L I O N
PolyOne Corporation 41
$21
$57
$72
0.1%
5.1%
9.3%
11.2%
46%
24%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
PolyOne Corporation 42
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Flame Retardant
Polymers
Building &
16%Consumer
4%
Electrical &
4%
Asia
78%
Mexico
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 8 R EV EN U E | $ 7 3 6 M I L L I O N
$40
$24
$56
$74
4.6%
3.6%
7.2%
10.0%
PolyOne Corporation 43
D I S T R I B U T I O N
EN D M A R K ET S & S U P P L I ER S
PolyOne Corporation 44
27%
22%
Electrical &
Building &
$20
$25
$63
$71
2.9%
4.0%
5.9%
5.6%
Operating Income & Margin2018 Revenue | $1.3 Billion
http://www.polyone.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 45
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 46
Thermally Conductive
Chemical Resistant
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Oxygen Scavenger
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Antioxidant Technologies
Density Modified
Target End Markets… Packaging
Luxury Packaging
GravitechTM Density Modified Polymers
Optimize Color Usage
OnColorTM Super Concentrates
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Outdoor Applications
Fiber Colorants
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/resources/Investor%2520Presentation%2520May19.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
SERVICE:
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 31
T A L E N T D E V E L O P M E N T
PolyOne Corporation 32
Leadership Program Participants
2012
2013
2015
47
86
2016
2018
125
169
315
Campus Hires
2008
2011
2017
25
90
47
PolyOne LSS Blackbelts
2008
2011
2018
67
220
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
IQ DESIGN LABS
PolyOne Corporation 33
Material
& Color
Expertise
Manufacturing
Expertise
3
14
Industrial designers
$0
$10M
$4M
$80M
Opportunity funnel New business revenue
LSS CUSTOMER FIRST
PolyOne Corporation 34
Customer Projects
2 104
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 35
PolyOne Corporation 36
99.9%
up to 24 weeks
6 hours
C O L O R M A T R I X S E L E C T ™
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 37
SEGMENT HIGHLIGHTS
C O L O R , A D D I T I V E S & I N K S
PolyOne Corporation 38
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
14%
Textiles
13%
Building & Construction
8%
8%
Appliances
Electrical &
Electronic 1%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 8 R E V E N U E | O V ER $ 1 B I L L I O N
$4
$25
$104
$159
0.9%
5.5%
12.2%
15.1%
PolyOne Corporation 39
45%
14%
1%
Mexico
South
America
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
PolyOne Corporation 40
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
21%
13%Healthcare
9%
9%
Building &
Construction 4%
Electrical &
Electronics
16%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 8 R EV EN U E | $ 6 4 6 M I L L I O N
PolyOne Corporation 41
$21
$57
$72
0.1%
5.1%
9.3%
11.2%
46%
24%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
PolyOne Corporation 42
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Flame Retardant
Polymers
Building &
16%Consumer
4%
Electrical &
4%
Asia
78%
Mexico
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 8 R EV EN U E | $ 7 3 6 M I L L I O N
$40
$24
$56
$74
4.6%
3.6%
7.2%
10.0%
PolyOne Corporation 43
D I S T R I B U T I O N
EN D M A R K ET S & S U P P L I ER S
PolyOne Corporation 44
27%
22%
Electrical &
Building &
$20
$25
$63
$71
2.9%
4.0%
5.9%
5.6%
Operating Income & Margin2018 Revenue | $1.3 Billion
http://www.polyone.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 45
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 46
Thermally Conductive
Chemical Resistant
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Oxygen Scavenger
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Antioxidant Technologies
Density Modified
Target End Markets… Packaging
Luxury Packaging
GravitechTM Density Modified Polymers
Optimize Color Usage
OnColorTM Super Concentrates
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Outdoor Applications
Fiber Colorants
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2023-11/AVNT November IR Presentation.pdf
PRIOR YEAR
$790
$710
2022 2023
$107
$112
2022 2023
Sales Adjusted EBITDA
$0.42
$0.47
2022 PF 2023
- 10% + 5% + 12%
Sales Adjusted EBITDA Adjusted EPS
16
$112
$500
$0.47
Q4 AND FULL YEAR 2023 GUIDANCE
$710
$3,130
Sales Adjusted EBITDA Adjusted EPS
17
(in millions) (in millions)
Guidance: Free Cash Flow
$180 $180
Prior Guidance Guidance
FREE CASH FLOW & INCREASED DIVIDEND
13th Consecutive Dividend Increase
0.16
0.26
0.42
0.58
0.79
0.85
0.99
1.03
2011 2013 2015 2017 2019 2021 2023 2024
S U S TAI NABI L I T Y DAY
RE CAP
SUSTAINABILITY AS A GROWTH DRIVERLONG-TERM REVENUE GROWTH DRIVERS
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
Total Company Revenue
Growth Drivers Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other (GDP growth) 0–2%
Avient 6%
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
8-12%
Long Term
Growth
50
90
2022 2030
Medical Plastics
Market Size
(in $Billions)
2020 2030
Recycled
Plastics
Virgin
Plastics
Growing Demand
for Recycled
Content
Avient Sustainable
Solutions
46
2023 2032
Global Offshore Annual
Wind Installations
(in Gigawatts)
Sources: McKinsey, Bloomberg, Grand View Research
SUSTAINABILITY TRENDS DRIVE
LONG-TERM GROWTH
21
• Transformative acquisitions
combined with divestitures of
more cyclical businesses have
improved margins over 400 bps
since 2018
• 20% long-term margin goal to
be driven by key growth drivers,
with sustainable solutions
playing a meaningful role
5.4%
11.5%
2006 2018 2023E Recovery Growth
Drivers
Strategic
Objective
20%+
+1%+
+3%+
ADJUSTED EBITDA MARGIN EXPANSION
22
• 6% annualized long-term sales growth leveraging
sustainable solutions, composites, healthcare, and
emerging regions
• Expand EBITDA margins to 20%
• Deliver annual EBITDA and EPS growth of
10% and 15%
• Maintain asset-light, 80% free cash flow conversion
profile and be valued as a specialty formulator
• Continue fostering our Great Place to Work® culture
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
23
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,130 and estimated run-rate CAPEX of $110M.
26
3.5
1.8
2.7 3.0 3.4 3.7
2.8
3.7
4.6 5.0
6.9 7.0
8.6
11.1
Av
ie
nt
PP
PM FM
C
N C
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/sites/default/files/resources/PolyOne%25202011%2520Annual%2520Report.pdf
In the
medical industry, plastics help save lives by safely providing a range of
transparent and opaque thermoplastics that are used for a vast array of
devices including blood and intravenous bags, medical tubing, masks, lead
replacement for radiation shielding, clamps and connectors to bed frames,
curtains and sheeting, and electronic enclosures.
a global
provider of heat transfer, separation and fluid handling products and
engineering solutions) from January 2004 to March 2006.
In September 2010, we issued $360 million of senior unsecured notes at par
that mature in September 2020 and bear interest at 7.375% per annum,
payable semi-annually in arrears on March 15th and September 15th of each
year.
https://www.avient.com/sites/default/files/resources/Investor%2520Presentation%2520Mar19.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
SERVICE:
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 31
T A L E N T D E V E L O P M E N T
PolyOne Corporation 32
Leadership Program Participants
2012
2013
2015
47
86
2016
2018
125
169
315
Campus Hires
2008
2011
2017
25
90
47
PolyOne LSS Blackbelts
2008
2011
2018
67
220
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
IQ DESIGN LABS
PolyOne Corporation 33
Material
& Color
Expertise
Manufacturing
Expertise
3
14
Industrial designers
$0
$10M
$4M
$80M
Opportunity funnel New business revenue
LSS CUSTOMER FIRST
PolyOne Corporation 34
Customer Projects
2 104
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 35
PolyOne Corporation 36
99.9%
up to 24 weeks
6 hours
C O L O R M A T R I X S E L E C T ™
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 37
SEGMENT HIGHLIGHTS
C O L O R , A D D I T I V E S & I N K S
PolyOne Corporation 38
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
14%
Textiles
13%
Building & Construction
8%
8%
Appliances
Electrical &
Electronic 1%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 8 R E V E N U E | O V ER $ 1 B I L L I O N
$4
$25
$104
$159
0.9%
5.5%
12.2%
15.1%
PolyOne Corporation 39
45%
14%
1%
Mexico
South
America
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
PolyOne Corporation 40
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
21%
13%Healthcare
9%
9%
Building &
Construction 4%
Electrical &
Electronics
16%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 8 R EV EN U E | $ 6 4 6 M I L L I O N
PolyOne Corporation 41
$21
$57
$72
0.1%
5.1%
9.3%
11.2%
46%
24%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
PolyOne Corporation 42
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Flame Retardant
Polymers
Building &
16%Consumer
4%
Electrical &
4%
Asia
78%
Mexico
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 8 R EV EN U E | $ 7 3 6 M I L L I O N
$40
$24
$56
$74
4.6%
3.6%
7.2%
10.0%
PolyOne Corporation 43
D I S T R I B U T I O N
EN D M A R K ET S & S U P P L I ER S
PolyOne Corporation 44
27%
22%
Electrical &
Building &
$20
$25
$63
$71
2.9%
4.0%
5.9%
5.6%
Operating Income & Margin2018 Revenue | $1.3 Billion
http://www.polyone.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 45
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 46
Thermally Conductive
Chemical Resistant
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Oxygen Scavenger
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Antioxidant Technologies
Density Modified
Target End Markets… Packaging
Luxury Packaging
GravitechTM Density Modified Polymers
Optimize Color Usage
OnColorTM Super Concentrates
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Outdoor Applications
Fiber Colorants
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
PRIOR YEAR
$790
$710
2022 2023
$107
$112
2022 2023
Sales Adjusted EBITDA
$0.42
$0.47
2022 PF 2023
- 10% + 5% + 12%
Sales Adjusted EBITDA Adjusted EPS
16
$112
$500
$0.47
Q4 AND FULL YEAR 2023 GUIDANCE
$710
$3,130
Sales Adjusted EBITDA Adjusted EPS
17
(in millions) (in millions)
Guidance: Free Cash Flow
$180 $180
Prior Guidance Guidance
FREE CASH FLOW & INCREASED DIVIDEND
13th Consecutive Dividend Increase
0.16
0.26
0.42
0.58
0.79
0.85
0.99
1.03
2011 2013 2015 2017 2019 2021 2023 2024
S U S TAI NABI L I T Y DAY
RE CAP
SUSTAINABILITY AS A GROWTH DRIVERLONG-TERM REVENUE GROWTH DRIVERS
60%+
Key Growth
Drivers
Sustainable
Solutions
Composites, Healthcare,
Asia / LATAM
Overlap
Other
(GDP Growth)
Total Company Revenue
Growth Drivers Long-Term
Growth Rate
Sustainable Solutions 8–12%
Composites 8–10%
Healthcare 8–10%
Asia / LATAM 5%
Other (GDP growth) 0–2%
Avient 6%
SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH
8-12%
Long Term
Growth
50
90
2022 2030
Medical Plastics
Market Size
(in $Billions)
2020 2030
Recycled
Plastics
Virgin
Plastics
Growing Demand
for Recycled
Content
Avient Sustainable
Solutions
46
2023 2032
Global Offshore Annual
Wind Installations
(in Gigawatts)
Sources: McKinsey, Bloomberg, Grand View Research
SUSTAINABILITY TRENDS DRIVE
LONG-TERM GROWTH
21
• Transformative acquisitions
combined with divestitures of
more cyclical businesses have
improved margins over 400 bps
since 2018
• 20% long-term margin goal to
be driven by key growth drivers,
with sustainable solutions
playing a meaningful role
5.4%
11.5%
2006 2018 2023E Recovery Growth
Drivers
Strategic
Objective
20%+
+1%+
+3%+
ADJUSTED EBITDA MARGIN EXPANSION
22
• 6% annualized long-term sales growth leveraging
sustainable solutions, composites, healthcare, and
emerging regions
• Expand EBITDA margins to 20%
• Deliver annual EBITDA and EPS growth of
10% and 15%
• Maintain asset-light, 80% free cash flow conversion
profile and be valued as a specialty formulator
• Continue fostering our Great Place to Work® culture
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
23
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,130 and estimated run-rate CAPEX of $110M.
26
3.5
1.8
2.7
3.1 3.3 3.7
3.0
3.7
4.7 4.8
6.8 6.8
8.7
11.1
Av
ie
nt
AV
PM FM
N C
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for South Africa.pdf
Personal Information' means information
relating to any person, including but not limited to: (i) information
relating to the race, gender, sex, pregnancy, marital status, national,
ethnic or social origin, colour, sexual orientation, age, physical or
mental health, well-being, disability, religion, conscience, belief,
culture, language and birth of the person; (ii) information relating to
the education or the medical, financial, criminal or employment
history of the person; (iii) information relating to the financial affairs
of the person; (iv) credit card details and transactional data; (v) any
identifying number, symbol, e-mail address, physical address,
telephone number or other particular assignment to the person; (vi)
biometric information about a person; (v) personal opinions, views
and preferences of a person; (vii) correspondence sent by the person
that is implicitly or explicitly of a private or confidential nature or
further correspondence that would reveal the contents of the original
correspondence; (viii) the views or opinions of another individual
about the person; (ix) the name of the person if it appears with other
personal information relating to the person or if the disclosure of the
name itself would reveal information about the person; and (x) any
other information which may be treated or defined as "personal
information" in terms of any applicable laws, including Data
Protection Legislation.
https://www.avient.com/sites/default/files/resources/ISO_13485_Certificate.pdf
FACILITY1_LINE4:
FACILITY1_LINE5:
FACILITY1_LINE6:
STANDARD: ISO 13485:2016
MANAGEMENT_TYPE2: The Quality Management System is applicable to:
DATE_LABEL_1TF:
DATE_VALUE_1TF:
DATE_LABEL_2TF:
DATE_VALUE_2TF:
DATE_LABEL_3TF: Certificate No:
DATE_VALUE_3TF: 54139
DATE_LABEL_4TF: Certification Date:
DATE_VALUE_4TF: 04 September 2019
DATE_LABEL_5TF: Effective Date:
DATE_VALUE_5TF: 01 September 2016
DATE_LABEL_6TF: Expiration Date:
DATE_VALUE_6TF: 01 September 2022
DATE_LABEL_7TF: Revision Date:
DATE_VALUE_7TF: 04 September 2019
MARK_3:
MARK_2:
SIGNATURE_NAME: Dominic Townsend, President
SIGNATURE_IMAGE: 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
AUDIT_COMPLIANCE:
MARK_1:
SCOPE_DESCRIPTION: DESIGN, COMPOUND AND SUPPLY OF THERMOPLASTICS FOR THE MEDICAL DEVICE INDUSTRY.
https://www.avient.com/knowledge-base/article/injection-molding-mold-design
Valve gates offer the best solution for high production parts where surface quality is critical, such as medical and cosmetic products.