Advanced Composites Explained

Advanced Composites Explained

Advanced Composites Explained

Advanced Composites Explained

Advanced Composites Short, long and continuous fiber composites available in pellet or semi-finished forms

Materials include specially formulated engineered polymers, thermoplastic elastomers, and continuous-fiber thermoplastic and thermoset composites. Photo Credit: ©ThinkStock Photo Caption: As advanced mobility technologies race forward, PolyOne has developed an evolving generation of engineered polymers and composites tailored to solve the demands of the connected vehicle.

More Unlock Modular Construction Potential with Flame Retardant (FR) Composite Panels Learn why Hammerhead™ FR Composite Panels are an excellent choice for modular construction.

Avient's capstock solutions pair with traditional wood plastic composite (WPC) materials as a substrate for a durable outer layer, resulting in an ultra-low maintenance end product. Available for a variety of applications and uses, including: injection molded accessories, wood plastic composite solutions, outdoor furniture, and co-extruded capstocks.

Avient offers a full range of material solutions that enable renewable energy infrastructure, from high performance ropes or structural composites for wind energy infrastructure to materials for cable jacketing and insulation in solar installations. Glasforms™ Pultrusion Technologies offer exceptional strength-to-weight ratio for continuous fiber reinforced composites for structural wind turbine components 

Accordingly, for purposes of comparability to the January 28, 2020 guidance, and prior year, management has referenced adjusted EPS excluding the impact of the additional shares issued in February. For purposes of comparability to the prior year, senior management has referenced adjusted EPS excluding the impact of additional shares issued in February 2020, as well as the impact of the senior unsecured notes offering completed in May 2020. Reconciliation to Adjusted EPS Excluding Special Items and Impacts of February 2020 Equity Offering and May 2020 Debt Offering Three Months Ended June 30, 2020 Net income from continuing operations attributable to Avient common shareholders $ 23.0 Special items, after tax(1) 2.6 After tax interest expense, net arising from equity offering and debt offering proceeds 4.1 Adjusted net income excluding special items and impact of interest expense, net arising from equity offering and debt offering proceeds $ 29.7 Diluted weighted-average shares used to compute earnings per common share 91.8 Weighted-average impact of 15.3 million shares issued in February 2020 equity offering (15.3) Diluted weighted-average shares excluding impact of shares issued in February 2020 equity offering 76.5 Adjusted EPS excluding special items and impact of equity offering and debt offering $ 0.39 (1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures, including adjustments related to contingent consideration; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; settlement gains or losses and mark-to-market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non- recurring items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results.