https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2018-results
Guided by its Core Values, Sustainability Promise and No Surprises Pledge(SM),
https://www.avient.com/products/long-fiber-technology/benefits-long-fiber-reinforced-thermoplastic-composites
Light weighting or mass reduction is a core focus in aerospace and automotive markets where weight reduction facilitates increased fuel economy and decreases associated emissions.
https://www.avient.com/news/polyone-announces-first-quarter-2015-results
Guided by its Core Values, Sustainability Promise and No Surprises Pledge(SM), PolyOne is committed to its customers, employees, communities and shareholders through ethical, sustainable and fiscally responsible principles.
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
Fiber Technology
Avient Corporation 107
We are breaking ground on a new innovation center adjacent to our manufacturing facility in Pune
• Focused on investments in both R&D resource
additions and capital investments
• Platform development in new disruptive
markets to support core business and strategy
ISHA
Avient Manufacturing
Site, Pune, India
India Innovation Center
Innovative Sustainable Holistic Accelerator (ISHA)
Avient Corporation 108
2021E 2022E 2023E 2024E 2025E
$1.1B
$1.6B
Growth Through Innovation
Avient Corporation 109
Total CAI and SEMWorld-Class Vitality Index
% of revenue from products launched last five years
35%
Revenue from new products
Summary
Jamie Beggs
Avient Corporation 110
$442
$457
$580
$1.74
$1.93
$3.00
Full Year 2019 – 2021 Organic Growth
(TOTAL COMPANY)
Sales Adjusted EBITDA
$3,981
$3,783
$4,750
+ 19%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(in millions) (in millions)
(1)(1)
+ 31% + 72%
Avient Corporation 111
2021 Sales Growth Summary
Key Growth Drivers Segments
(1) Financial information is pro forma to include a full year of Clariant Color business acquisition
Sales
Growth
2020 Proforma 3,783$
Sustainable Solutions 140 18%
Healthcare 150 31%
Composites 44 33%
Growth in Asia / LATAM 103 21%
Other 530 28%
2021 Estimated 4,750$ 26%
Sales
Growth
2020 Proforma 3,783$
Color, Additives & Inks 330 16%
Specialty Engineered Materials 195 28%
Distribution 495 45%
Corporate & Eliminations (53)
2021 Estimated 4,750$ 26%
Avient Corporation 112
Year–to–date EBITDA Bridge
2020 September YTD $ 339
Demand 132
EBITDA($ millions)
(1) Financial information is pro forma to include a full year of Clariant Color business acquisition
CAI:
Price / Mix 96
Inflation (74)
SEM:
Price / Mix 61
Inflation (45)
Distribution:
Price / Mix 204
Inflation (195)
Net Price Benefit 47
Supply Chain Disruptions (38)
COVID Response Applications (11)
Synergies 34
Incentives, Travel, FX, Other (48)
2021 September YTD $ 455
• Demand driven by growth in
sustainable solutions, healthcare
and consumer applications
• Price increases have more than
covered raw material and freight
inflation impacts of $300M year-
to-date compared to 2020
• Synergy capture on pace to
achieve $52M in annual savings
in 2021
Avient Corporation 113
$1,110
$3,000
Return on Invested Capital
Avient Corporation 114
Invested Capital
2006 Current
11%
Cost of Capital
ROIC (after-tax)
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
44%
98%
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
Creating Value for Shareholders
Avient Corporation 115
Share Performance Dividends Share Repurchases Deleveraging
3.5x
2.1x
Growing Dividend Cumulative Buybacks Net Leverage
$B
$
p
r
sh
ar
Total Shareholder Return
~$4.3Bn
MARKET CAP INCREASE
OVER LAST 10 YEARS
(1) Share performance includes reinvested dividends and is as of December 2, 2021
(2) Financial information is pro forma to include a full year of Clariant Color acquisition
(2)
528%
Shaping a Sustainable Future…
Avient Corporation 116
SUSTAINABLE SOLUTIONS
$340
$930
2016 2021E
Brand Owner Commitment
10 – 50
Percent of recycled
plastic used
13% organic CAGR
Avient Corporation 117
8-12%
HEALTHCARE
$225
$685
17,645
29,445
9% organic CAGR
Source: BCC Research, Nov. 2020
11% CAGR
Market for Medical Plastics
(millions of LBs)
Figures above include relevant Sustainable Solutions sales
Avient Corporation 118
8-10%
COMPOSITES
$74
$260
2017 2021E
11% organic CAGR
Figures above include relevant Sustainable Solutions sales
Avient Corporation 119
5G Capacity and Demand
Source: Mobile Experts: 5G Millimeter Wave 2019:
ns
e
an
C
ap
ac
ity
(
o.
10% CAGR
ASIA AND LATIN AMERICA
$210
$1,150
Weighted Avg.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Annual%2520Report.pdf
These core values, which begin with our individual decisions and actions, focus
our attention on putting the customer first by creating genuine value through collaboration, innovation and an
unwavering commitment to excellence.
We also continue to consider acquisitions and other synergy opportunities that complement
our core platforms.
These actions will ensure that we continue to invest in our core capabilities and continue to
support growth in key markets and product offerings.
https://www.avient.com/sites/default/files/resources/PolyOne%25202016%2520Annual%2520Report%2520Web.pdf
Guided by our Core Values,
Sustainability Promise and No Surprises PledgeSM,
we are committed to our customers, employees,
communities and shareholders through ethical,
sustainable and fiscally responsible principles.
These
core values, which begin with our individual
decisions and actions, focus our attention
on putting the customer first by creating
genuine value through collaboration,
innovation and an unwavering commitment to
excellence.
We also continue to consider acquisitions and other synergy opportunities that complement our core
platforms.
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
Guided by our Core Values, Sustainability Promise and No Surprises
PledgeSM, we are committed to our customers, employees, communities and shareholders through
ethical, sustainable and fiscally responsible principles.
At PolyOne we have just that—6,900 global
associates working each day to execute our proven strategy
and uphold our core values.
We also continue to consider
acquisitions and other synergy opportunities that complement our core platforms.
https://www.avient.com/sites/default/files/resources/PolyOne%25202015%2520Annual%2520Report.pdf
Guided
by our Core Values, Sustainability Promise and No
Surprises PledgeSM, we are committed to our customers,
employees, communities and shareholders through
ethical, sustainable and fiscally responsible principles.
Likewise, Lean Six Sigma (LSS) remains at the core of formal
process improvement at PolyOne.
We also
continue to consider acquisitions and other synergy opportunities that complement our core platforms.
https://www.avient.com/resource-center?document_type=59&all=1
CORE™ Vinyl Powder - Product Bulletin
CORE™ Vinyl Powder Coatings are dry blends of suspension PVC resins that are plasticized for flexibility
CORE™ Vinyl Plastisols - Product Bulletin
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
Our core values of Collaboration, Innovation and Excellence, and our personal values of Integrity, Honesty
and Respect, are critical to our culture and underpin all that we do.
THE 4Ps OF SUSTAINABILITY AT AVIENT
PEOPLE
People is the first of Avient’s four cornerstones of sustainability, which, together with our core values and
our four-pillar strategy, form the framework of our company culture.
Our key development opportunities include nomination-based leadership programs (such as NextGen,
Emerging Leaders and Elevate), foundational leadership training for all current or aspiring people
managers, called Core Leadership, and LSS training at a variety of levels, where individuals can be
certified for job-specific LSS programs, up through Master Black Belt certification.