https://www.avient.com/sites/default/files/2021-11/polystrand-product-selection-guide_0.pdf
POLYSTRAND
CONTINUOUS FIBER
REINFORCED
THERMOPLASTIC
TAPES & LAMINATES
™
PRODUCT SELECTION GUIDE
Material Min FinishedSlit Width
Max Finished
Slit Width
Unidirectional Tape 2” (50.8 mm) 24” (610 mm)
X-Ply™, 3-Ply, 4-Ply 2” (50.8 mm) 120” (3048 mm)
SLITTING CAPABILITIES
Max Unfinished Width Max Finished Slit Width Max Finished Roll Weight Max Roll Length (X-Ply™, Full Width)
Up to 125"
(3175 mm)
Up to 120"
(3048 mm)
Up to 10,000 lbs
(4500 kg)
Up to 4,000 ft
(1200 m)
LAMINATION LINE CAPABILITIES
Tape Width Resin Capabilities Fiber Inputs Max Tape Roll Weight Max Roll Length
25" (635 mm)
Standard Width,
Slit Capabilities
PP, PE, PETG,
aPET, PA6
Additional polymers
in development
E-Glass
S-Glass, Aramid
Up to 1,800 lbs
(816 kg)
Up to 12,000 ft
(366 m)
TAPE LINE CAPABILITIES
Product
Name Resin
Fiber
Content Areal Weight
Nominal
Thickness1
Flexural
Modulus
ASTM D790
Flexural
Strength
ASTM D790
Tensile
Modulus
ASTM D3039
Tensile
Strength
ASTM D3039
wt % lb/ft2 oz/yd2 gsm in mm ksi GPa ksi MPa ksi GPa ksi MPa
6337
PP
63 0.10 14.75 500 0.015 0.38 3570 24.6 58 402 4010 27.6 111 765
6531
65
0.05 7.40 251 0.006 0.15 4020 27.7 73 505 4900 33.8 140 965
6536 0.07 10.32 350 0.009 0.23 4050 27.9 72 494 4500 31.0 131 903
6538 0.14 19.77 670 0.019 0.48 3540 24.4 47 324 4260 29.4 100 689
7034B PP-Black 70 0.07 10.24 347 0.009 0.23 4400 30.3 83 569 5000 34.5 111 765
6020
PE
60 0.08 11.95 405 0.012 0.30 3600 24.8 54 372 3800 26.2 109 752
6621 66 0.10 13.97 474 0.012 0.30 4000 27.6 55 379 4720 32.5 126 869
68222 68 0.16 23.34 791 0.022 0.56 4060 28.0 55 379 4560 31.4 113 779
5843 PETG 58 0.08 11.85 402 0.008 0.20 3680 25.4 90 621 4400 30.3 137 945
5840B aPET-Black 58 0.09 13.00 441 0.009 0.23 4120 28.4 107 738 5080 35.0 150 1034
5860B PA6-Black 58 0.08 11.48 389 0.010 0.25 3620 25.0 104 717 3970 27.4 108 745
TYPICAL PROPERTIES - UNIDIRECTIONAL FIBERGLASS REINFORCED THERMOPLASTIC TAPE
1 Nominal thicknesses indicated are baseline values that may vary depending on material processing and other variables.
TYPICAL PROPERTIES - MULTI-AXIAL LAMINATES
0° Testing Orientation 90° Testing Orientation
Product
Name Resin
Fiber
Content
Laminate Layers
& Orientation Areal Weight
Nominal
Thickness1
Flexural Modulus
ASTM D790
Flexural Strength
ASTM D790
Tensile Modulus
ASTM D3039
Tensile Strength
ASTM D3039
Flexural Modulus
ASTM D790
Flexural Strength
ASTM D790
Tensile Modulus
ASTM D3039
Tensile Strength
ASTM D3039
wt % lb/ft2 oz/yd2 gsm in mm ksi GPa ksi MPa ksi GPa ksi MPa ksi GPa ksi MPa ksi GPa ksi MPa
6337
PP
63
0/90 0.20 29.49 1000 0.031 0.79 - - - - 2020 13.9 59.7 412 - - - - 2020 13.9 59.7 412
0/90/0 0.31 44.24 1500 0.045 1.14 2250 15.5 46.4 320 3070 21.2 79.4 547 186 1.3 9.7 67 1330 9.2 39.6 273
0/90/90/0 0.41 58.98 2000 0.057 1.45 2000 13.8 44.0 303 2400 16.5 60.6 418 496 3.4 20.7 143 2210 15.2 56.4 389
6531
65
0/90 0.10 14.80 502 0.014 0.36 - - - - 2240 15.4 60.9 420 - - - - 2240 15.4 60.9 420
0/90/0 0.15 22.20 753 0.020 0.50 2650 18.3 58.3 402 3100 21.4 82.8 571 280 1.9 NB2 NB2 1670 11.5 42.5 293
0/90/90/0 0.21 29.61 1004 0.027 0.68 2260 15.6 51.5 355 2470 17.0 62.2 429 580 4.0 30.4 210 2310 15.9 59.6 411
6536
0/90 0.14 20.71 702 0.021 0.53 - - - - 1980 13.7 60.5 417 - - - - 1980 13.7 60.5 417
0/90/0 0.22 31.06 1053 0.029 0.74 2309 15.9 48.3 333 2730 18.8 81.5 562 245 1.7 13.0 90 1490 10.3 44.3 305
0/90/90/0 0.29 41.41 1404 0.037 0.94 2164 14.9 47 324 2170 15.0 59.6 411 512 3.5 25.4 175 2340 16.1 71.2 491
6538
0/90 0.27 39.54 1341 0.034 0.86 - - - - 2220 15.3 60.0 414 - - - - 2220 15.3 60.0 414
0/90/0 0.41 59.53 2018 0.057 1.44 2825 19.5 40.9 282 2780 19.2 67.6 466 218 1.5 10.2 70 1410 9.7 40.0 276
0/90/90/0 0.55 79.37 2691 0.073 1.85 1880 13.0 32.4 223 2060 14.2 54.0 372 478 3.3 18.0 124 2360 16.3 61.0 421
7034B PP-Black 70
0/90 0.14 20.48 694 0.016 0.40 - - - - 2680 18.5 62.0 427 - - - - 2680 18.5 62.0 427
0/90/0 0.21 30.72 1041 0.028 0.71 1750 12.1 55.9 385 3710 25.6 75.1 518 160 1.1 11.3 78 1440 9.9 36.2 250
0/90/90/0 0.28 40.95 1388 0.036 0.90 1700 11.7 40.4 279 2800 19.3 55.7 384 432 3.0 25.4 175 2350 16.2 52.4 361
6020
PE
60
0/90 0.17 23.90 810 0.023 0.57 - - - - 1830 12.6 52.00 359 - - - - 1830 12.6 52.0 359
0/90/0 0.25 35.86 1216 0.033 0.84 2265 15.6 40.0 276 2740 18.9 68.2 470 181 1.2 10.0 69 1350 9.3 35.3 243
0/90/90/0 0.33 47.81 1621 0.044 1.12 1810 12.5 30.0 207 2000 13.8 48.0 331 502 3.5 22.0 152 1820 12.5 46.0 317
6621 66
0/90 0.19 27.94 947 0.025 0.65 - - - - 2280 15.7 60.0 414 - - - - 2280 15.7 60.0 414
0/90/0 0.29 41.90 1421 0.040 1.01 2490 17.2 37.0 255 2900 20.0 70.0 483 165 1.1 9.7 67 1440 9.9 38.0 262
0/90/90/0 0.39 55.87 1894 0.053 1.35 1810 12.5 29.0 200 2160 14.9 58.0 400 508 3.5 21.0 145 2170 15.0 53.0 365
5843 PETG 58
0/90 0.16 23.70 804 0.020 0.50 - - - - 2050 14.1 59.6 411 - - - - 2050 14.1 59.6 411
0/90/0 0.25 35.55 1205 0.030 0.76 2800 19.3 89.0 614 2900 20.0 78.0 538 397 2.7 NB2 NB2 1580 10.9 42.5 293
0/90/90/0 0.33 47.40 1607 0.039 0.99 2540 17.5 72.0 496 2300 15.9 57.7 398 780 5.4 35.0 241 2170 15.0 63.0 434
5840B aPET-Black 58
0/90 0.18 26.01 882 0.021 0.53 - - - - 2530 17.4 55.3 381 - - - - 2530 17.4 55.3 381
0/90/0 0.27 39.01 1323 0.032 0.82 2986 20.6 91.1 628 3160 21.8 68.7 474 252 1.7 20.0 138 1580 10.9 36.9 254
0/90/90/0 0.36 52.01 1763 0.042 1.07 3065 21.1 73.1 504 2570 17.7 54.2 374 813 5.6 37.0 255 2440 16.8 55.6 383
5860B PA6-Black 58
0/90 0.16 22.95 778 0.021 0.52 - - - - 2190 15.1 56.00 386 - - - - 2190 15.1 56.0 386
0/90/0 0.24 34.43 1167 0.034 0.86 2510 17.3 117.0 807 2760 19.0 63.7 439 657 4.5 22.2 153 1630 11.2 39.7 274
0/90/90/0 0.32 45.91 1556 0.046 1.18 2210 15.2 106.0 731 2090 14.4 45.6 314 1110 7.7 50.8 350 2150 14.8 57.4 396
1 Nominal thicknesses indicated are baseline values that may vary depending on material processing and other variables.
https://www.avient.com/sites/default/files/2020-08/edgetek-3d-lds-product-bulletin.pdf
The material solutions offer high
design flexibility, multi-function integration, size
miniaturization and weight reduction to meet
demanding manufacturing requirements without
compromising production efficiency and cost.
KEY CHARACTERISTICS
• Increased design flexibility
• Integration of various functionalities
• Miniaturization and weight reduction
• Reduced initial part cost and production cost
• Simplified processes
• Shorter assembly times
• Commercially available in Asia
MARKET AND APPLICATIONS
Edgetek 3D/LDS Solutions can be widely used in
markets and applications with high requirements
including:
• Consumer electronics
• Healthcare
• Automotive
• Communication
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/products/polymer-additives/foaming-agents
Our chemical foaming agents help you cut weight, conceal surface defects and improve cycle times.
Ultra-High Molecular Weight Polyethylene
Don’t take any missteps when removing weight - just follow these four steps
https://www.avient.com/sites/default/files/2023-09/Comple_t LFT Wheelchair Caster Case Study.pdf
In 2016, Frog Legs set out to enhance their product
further by reducing weight.
Aware of the profound
impact additional weight has on individuals with
disabilities, they sought alternatives to traditional
machined aluminum.
https://www.avient.com/sites/default/files/2022-12/Cesa Fiber Additives Chain Extenders for Recycled PET Fibers Product Bulletin.pdf
Even a slight
improvement of the intrinsic viscosity (IV)/molecular
weight supports a smoother and more stable
processing of the recycled polyester.
KEY BENEFITS
• High-temperature stability and very good
processability
• Excellent compatibility with the application
resin
• Increase of intrinsic viscosity/molecular weight
• Suitable for standard machinery used by
customers
• Good cost-performance ratio
• Can be combined with color into a single
combination concentrate for convenience
• Product guidance and technical assistance from
our experts
PRODUCT BULLETIN
Sustainability Spotlight
Recycle
Solutions
Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2020-10/avient-design-impact-protection-project.pdf
IMPACT
PROTECTION
D E S I G N A N D M A T E R I A L S O L U T I O N S
Avient Corporation 1
PROJECT KICK OFF
B R I E F
Application: Protective sports equipment
Challenge: Provide functional material to protect
against impact for chest protector
Requirements:
• Compact - reduce thickness and weight for
improved comfort and functionality
• Meet EN standards
• EN1621-1 level 2 & EN1621-2 level 1
• Eliminate the use of foam and glue
• Be waterproof and easy to clean
• Sustainable
• Easy to prototype & considers manufacturing
efficiency
Avient Corporation 2
VIBRATION DAMPING TECHNOLOGY (VDT)
H O W D O E S I T W O R K ?
Avient Corporation 3
Simplified Drop Test
• 65g steel ball
• Dropped from 305mm
• Onto 3.175mm thickness flat
samples
Materials Tested
• Standard TPE 30 Shore A
• TPU alloy 60 Shore A
• Damping TPE 32 Shore A
VDT reduces
bounce
Avient Corporation 4
SIMULATION & CALIBRATION
E N 1 6 2 1 - 1 L E V E L 2
Image courtesy of Airobag TV
https://www.youtube.com/c/AirobagTV/videos
Simulation of Impact
A weight dropped onto protective element in
contact with rigid substrate
https://www.youtube.com/c/AirobagTV/videos
Avient Corporation 5
SIMULATION & CALIBRATION
E N 1 6 2 1 - 1 L E V E L 2
REFINING THE DESIGN
D E S I G N A N D M A T E R I A L C O M B I N A T I O N
Avient Corporation 6
• A number of different shapes and
designs are created and simulated to
determine which one works best
• Refining to meet EN standard
• VDT TPEs can help reach compliance
with EN1621-1 level 2 and EN1621-2
level 1
• Optimum protection can be achieved
by combining industrial design and
engineering
Avient Corporation 7
VALIDATION
P R O T O T Y P I N G W I T H 3 D P R I N T I N G
3D Printing Validation
-15% -10% -5% 0% 5% 10%
Density
Tensile Strength //
Tear resistance //
Rebound resilience 2mm
3D Printed VDT vs Injection Molded
VDT can be 3D printed for concept evaluation early in the design process
SUMMARY
Avient Corporation 8
• Enabled a new, compact design with a
customized VDT TPE formulation
• Improved user comfort and functionality
• Fulfilled EN standards
• Reduced number of prototyping tools
required
• Reduced time spent in product development
by 40 percent, enabling faster
commercialization of product
https://www.avient.com/sites/default/files/2025-01/Snowmobile OHP Powersports Application Graphic.pdf
For more on material solutions
for snowmobiles, visit avient.com
© 2025, All Rights Reserved
Avient Corporation,
33587 Walker Road,
Avon Lake, Ohio USA 44012
EXTENDED PERFORMANCE
Minimize Moisture Uptake from Melted Snow
SOLUTION: Moisture-Resistant Long Fiber Reinforced Composites,
Corrosion-Resistant Additives
TACTILE EXPERIENCE
Soft Touch Feel, Durable Performance,
Lower Thermal Conductivity than Metals
SOLUTION: Thermoplastic Elastomers (TPEs),
Long Fiber Reinforced Composites
THERMAL MANAGEMENT & SAFETY
Heat Dissipation, Design Flexibility, Flame Retardancy
SOLUTION: Thermally Conductive Formulations,
Flame Retardant Additives
HIGH IMPACT DURABILITY
High Strength-To-Weight Ratio,
Elevated and Low Temperature Performance
SOLUTION: Long Carbon Fiber Reinforced Composites,
Continuous Fiber Reinforced Thermoplastic Tape & Laminates
COLD TEMPERATURE PERFORMANCE
Cold Temperature Flexibility and Toughness
SOLUTION: Thermoplastic Elastomers (TPEs),
Long Fiber Reinforced Composites, Impact Modifiers
WEIGHT REDUCTION
40–50% Lightweighting Compared to Metal,
Exceptional Structural Properties, Extremely High Stiffness
and Strength from -40° to 160°F
SOLUTION: Long Carbon Fiber Reinforced Composites,
Chemical Foaming Agents
AESTHETIC APPEAL
Custom Color and Special Effects, Paint Replacement,
Color Fade Protection
SOLUTION: Custom Polymer Colorants,
UV Blocking Additives, Antioxidant Additives,
Molded-In-Color Metallics, Scratch and Mar Performance,
Laser Marking, Pre-Colored High-Gloss Thermoplastics
https://www.avient.com/industries/consumer/consumer-discretionary/outdoor-recreation/powersports
https://www.avient.com/products/long-fiber-technology/complet-moisture-resistant-nylons
https://www.avient.com/products/polymer-additives/corrosion-resistant-additives/cesa-cor-additives
https://www.avient.com/products/thermoplastic-elastomers/versaflex-thermoplastic-elastomers
https://www.avient.com/products/long-fiber-technology
https://www.avient.com/products/engineered-polymer-formulations/conductive-signal-radiation-shielding-formulations/therma-tech-thermally-conductive-formulations
https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-flame-retardant-additives
https://www.avient.com/products/long-fiber-technology/complet-long-carbon-fiber
https://www.avient.com/products/advanced-composites/continuous-fiber-composite-tape-laminates-and-barstock/polystrand-continuous-fiber-tapes-laminates
https://www.avient.com/products/thermoplastic-elastomers/onflex-thermoplastic-elastomers
https://www.avient.com/products/long-fiber-technology
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-combination-colorants-additives
https://www.avient.com/products/long-fiber-technology/complet-long-carbon-fiber
https://www.avient.com/products/polymer-additives/foaming-agents
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/oncolor-fx-special-effect-colorants
https://www.avient.com/products/polymer-additives/uv-and-light-blocking-additives/cesa-light-additives
https://www.avient.com/products/polymer-additives/antioxidant-additives
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-fx-paint-replacement-0
https://www.avient.com/products/polymer-additives/visual-enhancement-effects/cesa-scratch-mar-resistance-additives
https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-laser-additives
https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/artisan-pre-colored-thermoplastics-premium-finishes
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.pdf
Post-consumer recycled content as percentage of total plastic packaging volume, by weight
E NA B L I N G T H E U S E O F R E C YC L E D C O N T EN T
T O P 5 G A P S T H A T W E A R E A D D R E S S I N G
2) DECONTAMINATION1) COLOR MANAGEMENT 3) MAINTAINING MECHANICAL
PROPERTIES
4) MONO-MATERIAL
CONSTRUCTION
5) CONSISTENT RECYCLED
MATERIAL QUALITY
9
G U I D I N G B R A N D S T O W H A T I S P O S S I B L E
C A S E S T U DY W I T H B R A N D OW N E R
Recycled ResinVirgin Resin
10
S U S TA I NA B I L I T Y F O R A B ET T E R TO M O R ROW
11
• Revenue from sustainable solutions expected
to grow 18% in 2021 as our innovation efforts
and collaboration with customers continues to
accelerate
• Investments centered around innovation and
global sustainability megatrends
o Enabling a circular economy –
Technologies that allow for increased use of
post-consumer recycled (PCR) material and
improve recyclability of plastics
o Light-weighting – Composites and CAI
applications to reduce weight and material
requirements, which minimize energy and
carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative
materials to replace lead, PVC, halogens,
BPA and other less eco-friendly options
1111
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
2016 2017 2018 2019 2020PF** 2021E
$405M
$455M
$340M
$550M
$790M
Revenue From Sustainable Solutions* 2016-2021
$930M
Q3 2020 $925 $74
Sustainable Solutions 35 19% 14
Healthcare 51 44% 10
Composites 13 39% 6
Growth in Asia / LATAM 14 11% 3
Other 177 39% 16
Sub-total $1,215 31% $123
Supply Chain Disruption Costs (19)
COVID Response Applications (5) (3)
FX Impact 10 2
Synergies 12
Incentives, Travel, Other Employee Costs (16)
Q3 2021 $1,220 32% $99
Q3 2021 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
12
Sales Growth Rate
Adjusted
Operating
Income$ millions
13
Q3 2020 Q3 2021
(1) Financial information is presented on a constant currency basis
(1)
(44% of total revenue)
(56% of total revenue)
Q3 END MARKET SALES PERFORMANCE
+20%
+31%
+40%
+24%
+46%
+40%
+14%
+33%
Energy Telecom Building &
Construction
Transportation Industrial Healthcare Packaging Consumer
Q3 YEAR-OVER-YEAR EBITDA BRIDGE
14
• Demand driven by growth
in sustainable solutions,
healthcare and consumer
applications
• Price increases more than
offsets raw material and
supply chain impacts
• Synergy capture on pace
to achieve $50M in annual
savings in 2021
Q3 2020 $ 111
Demand 29
Adjusted
EBITDA$ millions
CAI:
Price / Mix 51
Inflation (37)
SEM:
Price / Mix 25
Inflation (22)
Distribution:
Price / Mix 108
Inflation (103)
Net Price Benefit 22
Supply Chain Disruption Costs (19)
COVID Response Applications (3)
Synergies 12
Incentives, FX, Other (16)
Q3 2021 $ 136
15
• Price increases have more than
covered raw material and freight
inflation impacts of $300M year-
to-date compared to 2020
• Demand impact driven by
Q3 seasonality for the business
Q2 TO Q3 SEQUENTIAL EBITDA BRIDGE
Q2 2021 $ 159
CAI:
Price / Mix 17
Inflation (8)
SEM:
Price / Mix 6
Inflation (5)
Distribution:
Price / Mix 35
Inflation (35)
Net Price Benefit 10
Supply Chain Disruption Costs (4)
Demand / Seasonality (35)
Other 6
Q3 2021 $ 136
Adjusted
EBITDA$ millions
F U L L Y E A R 2 0 2 1
O U T L O O K
$308
$430
2020PF 2021E
$1.93
$3.00
2020PF 2021E
FULL YEAR GROWTH PROJECTIONS
( T O TA L C O M PA N Y )
17
Sales Adjusted Operating Income
$3,783
$4,750
2020PF 2021E
+ 26%
Adjusted EPS
+ 40% + 55%
(in millions) (in millions)
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)(1)(1)
$1.74
$1.93
$3.00
2019PF 2020PF 2021E
$442
$457
$580
2019PF 2020PF 2021E
FULL YEAR 2019 – 2021 GROWTH
( T O TA L C O M PA N Y )
18
Sales Adjusted EBITDA
$3,981
$3,783
$4,750
2019PF 2020PF 2021E
+ 19%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1) (1)
(in millions) (in millions)
(1)(1)
+ 31% + 72%
(1) (1)
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
11 12 13 14 15 16 17 18 19 20 21
40%
99%
YTD 5 - YR 10 - YR
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
11 12 13 14 15 16 17 18 19 20 21 22
2.1x
Q4 NET LEVERAGE
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$450MM
PAID OVER LAST 11 YEARS
C R E AT I N G VA LU E F O R SH A R E H O L D E R S
19
Share Performance Dividends Share Repurchases Deleveraging
3.5x
2.1x
2019PF 2021E
Growing Dividend Cumulative Buybacks Net Leverage
$
B
n
$
p
e
r
sh
a
re
Total Shareholder Return
~$4Bn
MARKET CAP INCREASE
OVER LAST 10 YEARS
(1) Share performance includes reinvested dividends and is as of 10.25.2021
(2) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)
(2)
494%
2 0 2 1 AV I E N T I N V E S TO R DAY
20
• Investor Day to be held December 9, 2021 in New York, NY
• The company will be doing a deep dive into its key long-
term growth drivers with a particular focus on sustainable
solutions
Revenue Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites / 5G 10%
Growth in Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
• Senior leadership team will also provide further details on
the Clariant Color integration, as well as capital allocation
priorities
PEER COMPARISONS
21
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
APPENDIX
Performance
Additives
15%
Pigments
15%
TiO2
12%
Dyestuffs
4%Polyethylene
10%
Nylon
5%
Polypropylene
4%
Other Raw
Materials
29%
Styrenic Block
Copolymer
6%
~1/3 hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
27
• Significant raw material price inflation and
tight inventory continued in Q3 2021
o Average cost of hydrocarbon based
materials was up 65% year-over-year and
10% sequentially
o Average cost of non-hydrocarbon based
materials was up 20% year-over-year and
3% sequentially
• Additionally, we continued to experience
other supply chain challenges during Q3
related to raw material spot purchases,
freight constraints and productivity loss
as a result of these shortages
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2020 pro forma purchases, excludes Distribution business
SEGMENT DATA
U.S. & Canada
51%
EMEA
25%
Asia
16%
Latin America
8%
2021 YTD SEGMENT, END MARKET AND GEOGRAPHY
29
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
23%
Packaging
19%
Industrial
16%
Building and
Construction
10%
Telecommunications
4%
Energy
2%
END MARKET REVENUE
(1) Total company sales and EBITDA of $3,617M and $455M, respectively, include intercompany sales eliminations and corporate costs
All charts reflect YTD financials through September 30
$1,820M
$321M
$691M
$127M
$1,206M
$72M
Sales Adjusted EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$455M$3,617M
(1)
Transportation
12%
Healthcare
14%
Packaging
34%
Consumer
21%
Healthcare
7%
Industrial
16%
Building &
Construction
10%
Transportation
9%
Energy
2% Telecommunications
1%
C O L O R , A D D I T I V E S & I N K S
2 0 2 1 Y T D R E V E N U E | $ 1 . 8 B I L L I O N
US & Canada
31%
EMEA
42%
Asia
21%
Latin America
6%
END MARKET REGION
30
All charts reflect 2021 YTD financials through September 30
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
Consumer
28%
Healthcare
10%
Packaging
6%
Telecommunications
16%
Transportation
12%
Industrial
11%
Building &
Construction
10%
Energy
7%
2 0 2 1 Y T D R E V E N U E | $ 6 9 1 M I L L I O N
END MARKET
US & Canada
55%
EMEA
25%
Asia
20%
REGION
31
All charts reflect 2021 YTD financials through September 30
D I S T R I B U T I O N
Healthcare
26%
Consumer
22%
Packaging
6%
Industrial
20%
Transportation
16%
Building and
Construction
8%
Energy
1%
Telecommunications
1%
US & Canada
81%
Asia
4%
Latin
America
15%
END MARKET REGION
K E Y S U P P L I E R S
2 0 2 1 Y T D R E V E N U E | $ 1 . 2 B I L L I O N
32
All charts reflect 2021 YTD financials through September 30
T O T A L C O M PA N Y R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
30%
Consumer
27%
Healthcare
12%
Industrial
14%
Building &
Construction
5%
Telecommunications
2% Energy
2%
Asia
(16% of sales)
Transportation
8%
Packaging
31%
Consumer
14%
Healthcare
5%
Industrial
17%
Building &
Construction
12%
Telecommunications
5%
Energy
4%
EMEA
(25% of sales)
Transportation
12%
33
Consumer
25%
Healthcare
19%
Packaging
10%
Industrial
17%
Building &
Construction
10%
Telecommunications
4%
Energy
2%
US &
Canada
(51% of sales)
Transportation
13%
Packaging
42%
Consumer
33%
Healthcare
3%
Industrial
10%
Building &
Construction
5%
Telecommunications
1%
LATAM
(8% of sales)
Transportation
6%
All charts reflect 2021 YTD financials through September 30
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Three Months Ended
September 30, 2021
Reconciliation to Condensed Consolidated Statements of Income
GAAP
Results
Special
Items
Adjusted
Results
Operating income $ 78.7 $ 20.0 $ 98.7
Income from continuing operations before income taxes $ 61.1 $ 19.9 $ 81.0
Income tax expense - GAAP (8.5) — (8.5)
Income tax impact of special items — (4.6) (4.6)
Tax adjustments — (3.6) (3.6)
Net income attributable to noncontrolling interests 0.3 — 0.3
Net income from continuing operations attributable to Avient shareholders $ 52.9 $ 11.7 $ 64.6
Net income / EPS $ 0.57 $ 0.13 $ 0.70
Weighted-average diluted shares 92.2 92.2 92.2
Three Months Ended
September 30, 2020
Reconciliation to Condensed Consolidated Statements of Income
GAAP
Results
Special
Items
Adjusted
Results
Operating income $ 33.5 $ 40.4 $ 73.9
Income from continuing operations before income taxes $ 5.3 $ 50.0 $ 55.3
Income tax expense - GAAP (2.7) — (2.7)
Income tax impact of special items — (12.7) (12.7)
Tax adjustments — 3.0 3.0
Net income attributable to noncontrolling interests (0.9) — (0.9)
Net income from continuing operations attributable to Avient shareholders $ 1.7 $ 40.3 $ 42.0
Net income / EPS $ 0.02 $ 0.44 $ 0.46
Weighted-average diluted shares 91.9 91.9 91.9
1
Three Months Ended
September 30,
Three
Months
Ended
Nine
Months
Ended
Year Ended
December 31,
Reconciliation to Pro Forma
Adjusted EBITDA 2021 2020
June 30,
2021
September
30, 2021 2020 2019 2018
Net income from continuing
operations – GAAP $ 52.6 $ 2.6 $ 69.4 $ 201.7 $ 133.8 $ 75.7 $ 87.4
Income tax expense 8.5 2.7 20.4 51.8 5.2 33.7 14.4
Interest expense 19.0 29.7 19.5 57.8 74.6 59.5 62.8
Debt extinguishment cost — — — — — — 1.1
Depreciation and amortization from
continuing operations 36.8 36.5 33.8 107.7 115.0 78.1 72.6
EBITDA $ 116.9 71.5 $ 143.1 $ 419.0 $ 328.6 $ 247.0 $ 238.3
Special items, before tax 19.9 50.0 14.2 36.5 66.2 61.7 59.5
Interest expense included in special
items — (9.6) — — (10.1) — —
Depreciation and amortization
included in special items (0.9) (1.3) 1.4 (0.1) (3.2) — (3.0)
Adjusted EBITDA $ 135.9 $ 110.6 $ 158.7 $ 455.4 $ 381.6 $ 308.7 $ 294.8
Clariant MB pro forma adjustments(1) — — — — 75.1 133.2 141.5
Pro forma adjusted EBITDA $ 135.9 $ 110.6 $ 158.7 $ 455.4 $ 456.7 $ 441.9 $ 436.3
(1) Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects to the financing for the acquisition
2
Reconciliation of EBITDA by Segment
Three Months Ended
September 30,
Nine Months
Ended
September 30,
Year Ended
December 31,
2021 2020 2021 2020 2019 2018
Sales:
Color, Additives and Inks $ 586.6 $ 493.8 $ 1,820.3 $ 1,502.9 $ 1,003.8 $ 1,046.5
Specialty Engineered Materials 233.6 174.1 690.7 708.8 745.7 645.8
Distribution 438.8 276.9 1,205.9 1,110.3 1,192.2 1,265.4
Corporate and eliminations (39.2) (20.3) (99.6) (79.9) (79.0) (76.7)
Sales $ 1,219.8 $ 924.5 $ 3,617.3 $ 3,242.1 $ 2,862.7 $ 2,881.0
Operating income:
Color, Additives and Inks $ 66.8 $ 50.5 $ 241.9 $ 180.8 $ 147.4 $ 158.5
Specialty Engineered Materials 31.7 24.7 103.2 94.4 83.7 72.3
Distribution 23.8 17.5 71.5 69.5 75.4 71.5
Corporate and eliminations (43.6) (59.2) (109.4) (155.4) (149.7) (123.7)
Operating income $ 78.7 $ 33.5 $ 307.2 $ 189.3 $ 156.8 $ 178.6
Items below OI in Corporate:
Other income, net $ 1.4 $ 1.5 $ 4.1 $ 24.3 $ 12.1 $ (12.9)
Depreciation & amortization:
Color, Additives and Inks $ 26.6 $ 26.3 $ 79.2 $ 75.1 $ 42.7 $ 44.3
Specialty Engineered Materials 7.9 7.5 23.8 30.0 29.5 23.2
Distribution 0.2 0.2 0.6 0.7 0.5 0.7
Corporate and eliminations 2.1 2.5 4.1 9.2 5.4 4.4
Depreciation & Amortization $ 36.8 $ 36.5 $ 107.7 $ 115.0 $ 78.1 $ 72.6
EBITDA:
Color, Additives and Inks $ 93.4 $ 76.8 $ 321.1 $ 255.9 $ 190.1 $ 202.8
Specialty Engineered Materials 39.6 32.2 127.0 124.4 113.2 95.5
Distribution 24.0 17.7 72.1 70.2 75.9 72.2
Corporate and eliminations (41.5) (56.7) (105.3) (146.2) (144.3) (119.3)
EBITDA $ 116.9 $ 71.5 $ 419.0 $ 328.6 $ 247.0 $ 238.3
EBITDA as a % of Sales:
Color, Additives and Inks 15.9 % 15.6 % 17.6 % 17.0 % 18.9 % 19.4 %
Specialty Engineered Materials 17.0 % 18.5 % 18.4 % 17.6 % 15.2 % 14.8 %
Distribution 5.5 % 6.4 % 6.0 % 6.3 % 6.4 % 5.7 %
3
Reconciliation of Pro Forma EBITDA - Color, Additives and Inks
Year Ended
December 31,
2020 2019 2018
Sales:
Color, Additives and Inks $ 1,502.9 $ 1,003.8 $ 1,046.5
Clariant MB pro forma
adjustments(1) 540.4 1,118.6 1,209.8
Pro forma sales $ 2,043.3 $ 2,122.4 $ 2,256.3
Operating income:
Color, Additives and Inks $ 180.8 $ 147.4 $ 158.5
Clariant MB pro forma
adjustments(1) 45.0 72.9 80.3
Pro forma operating income $ 225.8 $ 220.3 $ 238.8
Depreciation & amortization:
Color, Additives and Inks $ 75.1 $ 42.7 $ 44.3
Clariant MB pro forma adjustments(1) 30.1 60.3 61.2
Pro forma depreciation & amortization $ 105.2 $ 103.0 $ 105.5
EBITDA
Color, Additives and Inks $ 255.9 $ 190.1 $ 202.8
Clariant MB pro forma
adjustments(1) 75.1 133.2 141.5
Pro forma EBITDA $ 331.0 $ 323.3 $ 344.3
Pro forma EBITDA as a % of Sales 16.2 % 15.2 % 15.3 %
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
4
Year Ended
December 31, 2020
Reconciliation of Pro Forma Adjusted
Earnings per Share Avient
Special
Items
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(1)
Pro Forma
Adjusted
Avient
Sales $ 3,242.1 $ — $ 3,242.1 $ 540.4 $ 3,782.5
Operating income $ 189.3 $ 73.7 $ 263.0 $ 45.0 $ 308.0
Interest expense, net (74.6) 10.1 (64.5) (18.1) (82.6)
Other income, net 24.3 (17.6) 6.7 — 6.7
Income taxes (5.2) (41.4) (46.6) (6.2) (52.8)
Net income attributable to noncontrolling
interests (1.8) — (1.8) — (1.8)
Net income from continuing operations
attributable to Avient shareholders $ 132.0 $ 24.8 $ 156.8 $ 20.7 $ 177.5
Weighted average diluted shares 90.6
Impact to diluted shares from January 2020 equity offering 1.5
Pro forma weighted average diluted shares 92.1
Pro forma adjusted EPS $ 1.93
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
Year Ended
December 31, 2019
Reconciliation of Pro Forma Adjusted
Earnings per Share Avient
Special
Items
Adjusted
Avient
Clariant MB
Pro Forma
Adjustments(1)
Pro Forma
Adjusted
Avient
Sales $ 2,862.7 $ — $ 2,862.7 $ 1,118.6 $ 3,981.3
Operating income $ 156.8 $ 71.7 $ 228.5 $ 72.9 $ 301.4
Interest expense, net (59.5) — (59.5) (33.4) (92.9)
Other income, net 12.1 (10.0) 2.1 — 2.1
Income taxes (33.7) (5.9) (39.6) (9.1) (48.7)
Net income attributable to noncontrolling
interests (0.2) — (0.2) — (0.2)
Net income from continuing operations
attributable to Avient shareholders $ 75.5 $ 55.8 $ 131.3 $ 30.4 $ 161.7
Weighted average diluted shares 77.7
Impact to diluted shares from January 2020 equity offering 15.3
Pro forma weighted average diluted shares 93.0
Pro forma adjusted EPS $ 1.74
(1) - Pro forma adjustments for the periods prior to the acquisition date (July 1, 2020) and to give effects of the financing for the acquisition
5
AVNT Q3 2021 Earnings Presentation.pdf
AVNT Q3 2021 Earnings Presentation.pdf
Final 10.27 606pm Q3 21 IR Deck Version v1.pdf
https://www.avient.com/sites/default/files/2020-10/auto-injector-application-study.pdf
Requirements:
High density injection molded
plastic for weighting and balancing
and noise isolation from spring
mechanism
Solution:
Trilliant™ Gravi-Tech™ Density
Modified Formulations
7
Soft
touch grip
8
Weighted
shell
Color, Material & Finish
Differentiate the same base injector
for multiple price points, medications,
or even licensing opportunities with
body and grip material, color and
texture
Services to aid in the design of a
heat exchanger in a polymer
• FEA thermal (CFD) simulations
• Design freedom, weight reduction
and cost advantages of
thermoplastics
Avient Corporation 9
13.
https://www.avient.com/sites/default/files/2024-03/ISO 9001 - NL027324 Current.pdf
Standard
ISO 900 1:2O15
Scope of supply
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Design, development, marketing & sales and related application support of UHMWPE,
Ultra-High-Motecutar-Weight PolyEthytene fibers and UniDirecfionat sheets.
HWy, NC
27834 Greenvitte, USA
Desigrr, development, marketing &.
sates and rel.ated appl.ication support
of UHMWPE,
: Uttra-High-Motecutar-Weight
PolyEthytene fibers and UniDirectionat
: sheets.