https://www.avient.com/news/archives?page=56
Easier Optical Fiber Installation for High-Speed Connectivity with New PolyOne Low CoF Formulation
https://www.avient.com/resource-center?document_type=59&document_subtype=216&page=1
Explore the functionality and versatility of continuous fiber reinforced thermoplastic composites
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Press Release-1.pdf
https://www.avient.com/news
4
Pro Forma for Acquisition of Avient Protective Materials business (APM)
On September 1, 2022, the company acquired DSM’s Protective Materials business, the foundation
of which is the renowned technology and globally admired brand of Dyneema®, the World’s
Strongest Fiber™.
Examples include:
• 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
• 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 certified ACC Responsible Care®, a founding member of the Alliance to End Plastic Waste
and certified Great Place to Work®.
https://www.avient.com/sites/default/files/2020-11/cotrep-at-20-21-avient-corporation-cesar-ir-pe-94000828.pdf
Cet avis est valable lorsque la solution colorante :
- est utilisée dans la fabrication d’emballages rigides en PP ;
- à un taux d’intégration maximal de 4% ;
- n’est pas utilisée avec des chutes de production, d’autres solutions colorantes ou des
matériaux recyclés pouvant contenir du noir de carbone.
Le pigment noir de carbone, très utilisé aujourd’hui pour les emballages de couleurs sombres,
absorbe la lumière infrarouge envoyée par l’équipement de tri optique et ne renvoie pas de
signal.
https://www.avient.com/sites/default/files/2020-11/cotrep-at-20-20-avient-corporation-cesar-ir-pp-94000721.pdf
Cet avis est valable lorsque la solution colorante :
- est utilisée dans la fabrication d’emballages rigides en PP ;
- à un taux d’intégration maximal de 4% ;
- n’est pas utilisée avec des chutes de production, d’autres solutions colorantes ou des
matériaux recyclés pouvant contenir du noir de carbone.
Le pigment noir de carbone, très utilisé aujourd’hui pour les emballages de couleurs sombres,
absorbe la lumière infrarouge envoyée par l’équipement de tri optique et ne renvoie pas de
signal.
https://www.avient.com/sites/default/files/2020-11/cotrep-at-20-16-avient-corporation-cesar-ir-pe-94000817.pdf
Cet avis est valable lorsque la solution colorante :
- est utilisée dans la fabrication d’emballages rigides en PE ;
- à un taux d’intégration maximal de 4% ;
- n’est pas utilisée avec des chutes de production, d’autres solutions colorantes ou des
matériaux recyclés pouvant contenir du noir de carbone.
Le pigment noir de carbone, très utilisé aujourd’hui pour les emballages de couleurs sombres,
absorbe la lumière infrarouge envoyée par l’équipement de tri optique et ne renvoie pas de
signal.
https://www.avient.com/sites/default/files/2021-01/eccoh-cpr-product-bulletin.pdf
Optical fiber sheathing1
5702
SEPAP
8.0 10.5 140 47 Cca
Specially formulated for optical fiber
applications where the SEPAP UV test is
required.
Tube for optical fiber PF 1040 6.0 10 150 40 Cca
Very good flame retardancy and
processability.
Optical Fiber Loose Tube PF 1043 2.1 15 190 40 Medium stiffness for dry loose tubes.
https://www.avient.com/sites/default/files/2020-08/eccoh-cpr-product-bulletin.pdf
Optical fiber sheathing1
5702
SEPAP
8.0 10.5 140 47 Cca
Specially formulated for optical fiber
applications where the SEPAP UV test is
required.
Tube for optical fiber PF 1040 6.0 10 150 40 Cca
Very good flame retardancy and
processability.
Optical Fiber Loose Tube PF 1043 2.1 15 190 40 Medium stiffness for dry loose tubes.
https://www.avient.com/sites/default/files/2021-01/complet-craftech-non-metallic-fasteners.pdf
CRAFTECH®
N O N - M E T A L L I C F A S T E N E R S
• Corrosion resistance
• Electrical isolation
• Strength performance similar to competitive products
made of metals
• Supplied pre-colored long fiber reinforced
composites for consistent appearance
• Formulated an LFT solution to meet key
performance needs and strength to compete
against metal alternatives
• Delivered custom formulated materials on-
time with short lead times and in low release
quantities
Complēt™ Long Glass Fiber ETPU Composite
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/compl%C4%93t-long-fiber-reinforced-structural-thermoplastics
https://www.avient.com/sites/default/files/2022-03/AVNT Mar 2022 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 employs approximately 8,700 associates and is
certified ACC Responsible Care® and a founding
member of the Alliance to End Plastic Waste.
Purchase price multiple rapidly declining on strength of
business and synergy capture
14
$133
$205
2019PF 2021
14
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.1x
2019PF 2021 2021 w/ Full
Synergies
(1)
(1)
11.9%
16.2%
2019PF 2021
EBITDA Margins
(1)
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
($ in millions)
(1) Financial information is pro forma to include a full year of Clariant Color business
($ millions)
Initial
Synergy
Estimate
2021
Synergy
Realization
Total
Synergies
Expected
Administrative $ 18 $ 29 $ 40
Sourcing 24 20 24
Operational 18 5 21
Total Synergies $ 60 $ 54 $ 85
C L A R I A N T C O LO R I N T E G R AT I O N &
C O S T S Y N ERG I E S U PDATE
15
• Integration going extremely well: synergy target increased to $85 million at December 9th Investor Day
• Relentless focus on guiding principles of safety first, employee collaboration and exceeding customer expectations
• Future revenue synergies are not part of these estimates and represent additional growth over the long term
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
16
• Revenue from sustainable solutions grew
16% in 2021 and expected to grow 8-12% in
2022 as our innovation efforts and
collaboration with customers accelerates
• 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
16
*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
16
2016 2017 2018 2019 2020PF** 2021
$405M
$455M
$550M
$790M
Revenue From Sustainable Solutions* 2016-2021
$915M
$340M
PEOPL E
C U L T U R E I S E V E R Y T H I N G
Community Service
7x Safer
than Industry Average
World-Class Safety
Leadership Development
Over $16 million
raised since 2010
Diversity & Inclusion
17
Q4 2020 $997 $80
Sustainable Solutions 23 12% 8
Healthcare 53 43% 9
Composites 7 22% 2
Growth in Asia / LATAM 14 10% 3
Other 118 23% 2
Sub-total $1,212 22% $104
Wage Inflation and Overtime (11)
Other Supply Chain Costs (4)
Synergies 9
Incentives, FX, Other Employee Costs (10) (13)
Q4 2021 $1,202 21% $85
Q4 2021 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
18
Sales Growth Rate
Adjusted
Operating
Income$ millions
Adjusted
EBITDA
Q4 EBITDA BRIDGE
19
Price increases more than
offsets raw material and
supply chain impacts
Q4 2020 $ 118
Demand -
$ millions
CAI:
Price / Mix 62
Inflation (45)
SEM:
Price / Mix 25
Inflation (20)
Distribution:
Price / Mix 114
Inflation (109)
Net Price Benefit 27
Wage Inflation and Overtime (11)
Other Supply Chain Costs (4)
Synergies 9
Incentives, FX, Other Employee Costs (13)
Q4 2021 $ 126
Transportation (5)$
Outdoor High Performance (3)
Other 8
Total Demand -
Q4 2021 SEGMENT PERFORMANCE
20
CAI
$526
$581
Sales
($ in millions)
SEM Distribution
$58
$61
Operating Income
+ 11% + 6%
$305
$425
Sales
$18
$22
Operating Income
+ 39% + 22%
(1)
$191
$228
Sales
$30
$29
Operating Income
+ 19% - 3%
2 0 2 2 O U T L O O K
REVENUE GROWTH DRIVERS
Growth Drivers
Long-Term
Growth Rate
2022E
Growth Rate
Sustainable Solutions 8–12% 12%
Healthcare 8–10% 10%
Composites 10% 3%
Asia / LATAM 5% 6%
Other (GDP growth) 2–3% 2–3%
Avient 6.5% 6%
22
Excluding Outdoor High Performance 13%
(7.5% excl.