https://www.avient.com/sites/default/files/2022-11/Polystrand R Recycled Polyester Composite Tape and Laminates Product Bulletin.pdf
KEY CHARACTERISTICS GRADE NAME AREAL WEIGHT lb/ft2 NOMINAL THICKNESS in TENSILE MODULUS ksi FLEXURAL STRENGTH ksi COMMENTS > 95% PCR* recycled PET resin, 58% glass fiber Polystrand™ R 5840B 0.0903 0.09 4400 ~80 Equivalent to standard PETG, APET; Black * Resin source is 100% Post Consumer Recycled (PCR) content, but overall recycled content may vary based on color, additives, etc.
TECHNICAL PROPERTIES Continuous fiber-reinforced composites comparison: recycled PETG, virgin PETG and APET resin systems with 58% glass fiber reinforcement CARBON FOOTPRINT COMPARISON TO ALTERNATIVES Greenhouse gas (GHG) emissions from cradle-to-gate production Polystrand R 5840B made with rPET has a lower carbon footprint than traditional polyester-based products; 44% lower than PETG and 31% lower than APET. 0.0 1.0 2.0 3.0 RPET PETG APET kg C O 2e /k g pr od uc t
https://www.avient.com/sites/default/files/2024-01/AVNT January IR Presentation_w Non-Gaap Recs.pdf
Avient corporation first quarter 2023 results AVIENT CORPORATION I N V E S T O R P R E S E N T A T I O N (NYSE: AVNT) J A N UA RY 2 0 2 4 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.
PRIOR YEAR $790 $710 2022 2023 $107 $112 2022 2023 Sales Adjusted EBITDA (in millions) $0.42 $0.47 2022 PF 2023 Adjusted EPS (in millions) - 10% + 5% + 12% Sales Adjusted EBITDA Adjusted EPS 16 $112 $500 Q4 FY $0.47 $2.30 Q4 FY Q4 AND FULL YEAR 2023 GUIDANCE $710 $3,130 Q4 FY 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 18 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% 20 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 18 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% 16.0% 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 Formulators Other Specialty / Chemical Companies Source: Peer data per Bloomberg as of December 29, 2023 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 KW R FU L PP G AV Y R PM FM C H U N C E EC L H XL AS H EM N SC L FREE CASH FLOW CONVERSION Source: Peer data per Bloomberg as of December 29, 2023 Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
Avient reflects 2023 adjusted EBITDA guidance of $500M and estimated run-rate CAPEX of $110M. 2023E (%) 27 78 89 83 80 78 74 86 79 76 67 66 55 50 (39) Av ie nt KW R FU L PP G AV Y R PM FM C C E EC L AS H H XL H U N EM N SC L Avient Specialty Formulators Other Specialty / Chemical Companies MULTIPLE EXPANSION Source: Peer data per Bloomberg as of December 29, 2023 Note: Avient reflects 2023 adjusted EBITDA guidance of $500M and closing share price of $41.57.
https://www.avient.com/knowledge-base/case-study/auto-supplier-drives-exceptional-quality-productivity?ind[]=6601
First, the products need to match each of the three interior colors that Audi offers for its Q5 (black, gray, and beige).
In addition, the high flow properties allow Jager to run the material in a TandemMold (a patented product of T/Mould GmbH), which effectively doubles production volume, as well as lowers energy and related production costs by up to 40%.
https://www.avient.com/knowledge-base/case-study/auto-supplier-drives-exceptional-quality-productivity?rtype[]=1124
First, the products need to match each of the three interior colors that Audi offers for its Q5 (black, gray, and beige).
In addition, the high flow properties allow Jager to run the material in a TandemMold (a patented product of T/Mould GmbH), which effectively doubles production volume, as well as lowers energy and related production costs by up to 40%.
https://www.avient.com/news/avient-highlight-achievements-global-growth-latest-innovations-plastindia-2023
Maxxam™ REC, Maxxam™ BIO, and Nymax™ BIO grades: An expanded portfolio of recycled and bio-based polyolefin and polyamide formulations now manufactured in Europe.
https://www.avient.com/sites/default/files/2021-01/amendment-to-articles-commercial-registration-avient-corporation.pdf
James DOC ID ----> 202018203934 S T A T E OF O H I O C E R T I F I C A T E Ohio Secretary of State, Frank LaRose 4463782 It is hereby certified that the Secretary of State of Ohio has custody of the business records for and, that said business records show the filing and recording of: AVIENT CORPORATION United States of America State of Ohio Office of the Secretary of State Witness my hand and the seal of the Secretary of State at Columbus, Ohio this 23rd day of April, A.D. 2020.
Ohio Secretary of State 202011402526NAME RESERVATION Document(s) Document No(s): C T CORPORATION SYSTEM 4400 EASTON COMMONS WAY SUITE 125 COLUMBUS, OH 43219 This is not a bill.
https://www.avient.com/resources/safety-data-sheets?page=3128
83701609 STATIC DISSIPATIVE FR
Geon(TM) DB4772 NEUTRAL 70 DURO
PP FR 8-6 LMS-1000
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/edgetek-engineered-polymer-formulations
https://www.avient.com/resources/safety-data-sheets?page=4598
Geon(TM) V1341-70 TOP COAT BELTING - WHITE
STAN-TONE HCC- GS FR YLW CRTV
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=1460
M1426 V DK PEWTER 642 H INCREASED MR
PP FR 8-6 LMS-1000