https://www.avient.com/resources/safety-data-sheets?page=5750
MD-16469 SKY BLUE 009627BLPED/U
MD-16547 TEAL / 004806BLPED/U
MD-16549 COBALT BLUE / 009628BLPED/U
https://www.avient.com/sites/default/files/2024-04/SEM_NYMAX_PIR_Grades_Product_Selection_Guide-CN_4.11-2.pdf
NYMAX/BERGAMID原生尼龙产品系列
Nymax/Bergamid系列PA6和PA66聚合物专为满足严苛
应用的关键性能要求而设计,具备符合严格技术规范的出色
机械性能。
Bergamid/Nymax解决方案符合众多应用领域
的严格规定,包括交通运输、家电以及电气与电子行业。
埃万特尼龙(聚酰胺 - PA)解决方案包括Nymax™/Bergamid™聚合物配方和Nymax™ REC回收尼龙配方。
https://www.avient.com/resources/safety-data-sheets?page=1459
BLUE BARREL
12E13063CMB BLUE
XPPR-30G H UV BLACK
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
Microsoft PowerPoint - AVNT Mar 2023 Earnings Presentation
AVIENT CORPORATION
I N V E S T O R P R E S E N T A T I O N
(NYSE: AVNT)
M A R C H 2 0 2 3
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.
GUIDANCE
DEBT / LEVERAGE REDUCTION
• 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
2022 TRANSFORMATIONAL PORTFOLIO
ENHANCEMENTS
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
GROWING COMPOSITES PLATFORM
CONTRIBUTIONS TO SEM SEGMENT
10
Note: 2022 is pro forma for Avient Protective Materials
2016 Sales 2022 Sales
Advanced
Composites
51%
$560M $1,300M
Advanced
Composites
COMPOSITES PORTFOLIO
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
ADVANCED COMPOSITES PERFORMANCE
12 (1) Pro forma for the acquisition of Avient Protective Materials
$51
$84
$212
$668
$4
$10
$41
$169
(1) (1)
PORTFOLIO EVOLUTION AND EPS EXPANSION
13
Adj.
EPS
$0.14
$2.67
$3.04
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
90th
percentile
84th
ESG Ratings Performance
1
14
PEOPLE
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 $17 million
raised since 2010
Diversity & Inclusion
15
2022 RE SU LT S
Q4 EBITDA BRIDGE
(PRO FORMA TOTAL COMPANY)
17
$ millions
CAI:
Price / Mix 42
Inflation (20)
SEM:
Price / Mix 14
Inflation (10)
Net Price Benefit 26
Wage and Energy Inflation (13)
Clariant Color Integration Synergies 4
Incentives, Other Employee Costs 21
FX (10)
Q4 2022 $107
Adjusted
Q4 2021 $ 132
Demand (50)
Russia Import Sales (3)
• Demand contraction
especially prevalent in
EMEA and Asia
• Pricing continues to cover
inflation of raw materials,
wages and energy
PROVEN TRACK RECORD OF STRONG AND
IMPROVING FREE CASH FLOW GENERATION
18
• Periods of economic
weakness have driven
higher levels of cash
generation due to
working capital
management
• Anticipate continued
strong free cash flow
generation and
conversion despite
global uncertainty
78% 78% 80% 80% 81%
78%
84% 83%
80%
0%
30%
40%
50%
60%
70%
80%
90%
2014 2015 2016 2017 2018 2019 2020 2021 2022
0
50
100
150
200
250
300
350
400
re
e
as
h
F
lo
w
C
o
n
ve
rs
io
n
re
e
as
h
F
lo
w
FCF $ AVNT FCF Conversion % S&P FCF Conversion %
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA. 2020 is pro forma for Clariant Color and 2022 is pro forma for Avient Protective Materials
https://www.avient.com/resources/safety-data-sheets?page=1807
TRANSPARENT BLUE
UV SLATE BLUE PE
BLUE 134913 286C BIOL
https://www.avient.com/news/enabling-manufacturers-expand-global-reach-new-ul-certification
With this new certification, customers can confidently select Bergamid solutions for their electrical and electronics products around the globe.”
Newly certified Bergamid materials also provide the strength, impact resistance and durability that electrical housings, switches and other outdoor electrical demand.
Caption: New UL certification for Bergamid™ high-performance solutions helps manufacturers meet global standards for outdoor electrical devices.
https://www.avient.com/resources/safety-data-sheets?page=3572
A70 Mi30 Natural NA
SAPHIRE BLUE
BLUE
https://www.avient.com/resources/safety-data-sheets?page=5124
70-PU-61 PURPLE
70-RD-61 RED
70-WT-61 WHITE
https://www.avient.com/resources/safety-data-sheets?page=4352
PP-H-20C NATURAL
PP-H-10G NAT
MX5210-0010 RS UV Blue
https://www.avient.com/resources/safety-data-sheets?page=2038
BLUE
K 6300-A70 NATURAL
PROFESSIONAL BLUE ABS