https://www.avient.com/resource-center?document_subtype=0&document_type=59&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=0&product_name=0&page=12
Advanced Composites Explained
Glasforms Composite Profiles
Cesa™ Fiber Additives for Heat Preservation (Traditional Chinese language version)
https://www.avient.com/resource-center?document_type=59&page=12
Advanced Composites Explained
Glasforms Composite Profiles
Cesa™ Fiber Additives for Heat Preservation (Traditional Chinese language version)
https://www.avient.com/sites/default/files/2023-06/Gordon Composites Diving Board Spring Case Study Snapshot.pdf
DIVING BOARD SPRING
D I V I N G B O A R D S P R I N G
P O O L D E C K E Q U I P M E N T
M A N U FA C T U R E R
• Non-corrosive alternative to steel springs to prevent rust,
degradation and staining of pool decks
• Flexible and durable to prolong product life
• Provided a corrosion-proof composite
material to prevent rust stains on pool decks
• Delivered a custom-shaped compression
molded spring capable of deep deflection
and high fatigue resistance for extended
product life
• Reduced weight by 75% compared to steel,
resulting in lower shipping and installation
costs
Gordon Composites™ Molded Unidirectional
Thermoset Barstock
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/advanced-composite-springs
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
Examples include:
• Unique technologies that improve the
recyclability of products and enable recycled
content to be incorporated, thus advancing a
more circular economy
• Light-weighting solutions that replace heavier
traditional materials like metal, glass and wood,
which can improve fuel efficiency in all modes of
transportation and reduce carbon footprint
• Sustainable infrastructure solutions that increase
energy efficiency, renewable energy, natural
resource conservation and fiber optic / 5G
network accessibility
Avient is a certified ACC Responsible Care® and a
founding member of the Alliance to End Plastic Waste.
Operational Excellence
Empowers us to respond to the voice of the customer with relentless continuous
improvement.
GUIDANCE
DEBT / LEVERAGE R EDUCTION
• Completed sale of Distribution
and paid down $750M of debt
in November
• Strong free cash flow in fourth
quarter reduced leverage and
enabled paydown of additional
$200M of debt
• Fixed/Floating Debt Ratio 63/37
• Proven track record of
deleveraging following
acquisitions through consistent
free cash flow generation
$725 $725 $725
$575 $500 $400
$600
$525
$425
$650
$650
$650
$600
$2.40B
$2.20B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
After Distribution
Divestiture
Year-End
8
Year-End
Leverage
3.8x 3.1x 2.9x
2023 Notes
After Avient
Protective Materials
Acquisition
$3.15B
20 22 TRA NSF OR MATI ONAL PORTFOLI O
ENHA NC EMENTS
9
EBITDA margins expanded
from 12% to 16%
Diversified end markets
with reduced exposure to
more cyclical industries
Dyneema®
Acquisition
$1.48B acquisition
strengthens composites
platform
Significantly improved
EBITDA margins $950M divestiture results
in 100% specialty sales
Strong exit multiple of 10x
TTM EBITDA despite
market volatility
Distribution
Divestiture
Improved
Portfolio
G ROW I NG C OM PO SI T ES P LAT F OR M
C O NT R I BU TI O NS TO S EM S EG ME NT
10
Note: 2022 is pro forma for Avient Protective Materials
2016 Sales 2022 Sales
Advanced
Composites
51%
$560M $1,300M
Advanced
Composites
9%
C O M P O S I T E S P O R T F O L I O
D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D T A P E S T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
11
ADVA NC ED C OM POSI TES PERFORMA NCE
12 (1) Pro forma for the acquisition of Avient Protective Materials
Sales
$51
$84
$212
$668
2016 2018 2020 2022
$4
$10
$41
$169
2016 2018 2020 2022
EBITDA
(1) (1)
($ in millions)
PORTFOLIO EVOLUTION AND EPS EXPANSION
13
Adj.
https://www.avient.com/resource-center?document_type=59&document_subtype=117&page=1
Advanced Composites Explained
GLS Thermoplastic Elastomer based impact modifier used to increase stiffness, lower weight and reduce cost for a storage tote
WillowWood meets prosthetic patient needs with advanced composites
https://www.avient.com/industries/packaging/beverage-packaging/water
Bottled water continues to grow globally, and packaging can help elevate consumer perceptions of premium water products.
Continuous Glucose Monitors (CGM)
Advanced Mobility Composite Structures
https://www.avient.com/investor-center/news/polyone-announces-fourth-quarter-and-full-year-2017-results
Net income from continuing operations
Continuing operations
Continuing operations
https://www.avient.com/investor-center/news/avient-announces-record-third-quarter-2021-results
We have achieved significant growth in sustainable solutions, healthcare and composites in 2021.
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
Continuing operations
https://www.avient.com/news/specialty-polymer-solutions-avient-improved-durability-and-sustainability-healthcare-products-pharmapack-2023
Throughout the show, attendees can also explore the chemically-resistant technology of Versaflex™ HC Thermoplastic Elastomers series HC3810.
The wide range of translucent grades offers excellent colorability for injection molded parts and over-molding thanks to outstanding bonding to various thermoplastics, including Trilliant HC Healthcare Formulations.
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
https://www.avient.com/news/avient-unveils-new-cesa-withstand-antimicrobial-additives-tpu-film-medical-and-outdoor-applications
These new grades are developed to enhance the performance of thermoplastic polyurethane (TPU) film-laminated products and devices in applications where combating microbe development is highly important.
Dyneema®, the world’s strongest fiber™, enables unmatched levels of performance and protection for end-use applications, including ballistic personal protection, marine and sustainable infrastructure and outdoor sports
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility