https://www.avient.com/sites/default/files/2021-medical-devices-selection-guide.pdf
Copolyester, Polyester & PC/Polyester Blends
Copolyester Eastman Tritan™
(Copolyester)
High chemical resistance to a wide variety of hospital disinfectants;
excellent toughness and impact resistance after disinfection; retains color and gloss
after sterilization and disinfection; does not contain BPA, BPS or halogens
Polybutylene
Terephthalate
(PBT)
DuPont™ Crastin® & Rynite®
(FR-PBT)
30% glass reinforced; flame retardant; good mold flow and electrical properties;
high strength, stiffness, dimensional stability and heat resistance
Polyester
(PC/PET) &
Polybutylene
Terephthalate
(PC/PBT)
Covestro Makroblend®
(FR-PC/PET) & (FR-PC/PBT) Strength; toughness; chemical resistance; flame retardant
Covestro Makroblend®
(Non-FR PC/PBT) Strength; toughness; chemical resistance; limited biocompatibility
Trinseo EMERGE™
(FR-PC/PET) Chemical resistance; ignition resistance; limited biocompatibility
PA, PVC, PC & PMMA
Polyamide
(Nylon, PA)
Avient Trilliant™ XR
Radiation Shielding (PA)
Radiation shielding; green alternative for lead replacement;
enhanced design freedom vs. lead; available in hard and soft durometers
Arkema Rilsan® MED (PA11) &
Rilsamid® MED (PA12)
Chemical resistance; transparent and opaque; easy processing; creep resistance;
temperature resistance; BPA-free; sterilizable by gamma, EtO and steam
Polyvinyl
Chloride
GEON Performance Solutions
Resilience™ HC (PVC)
Excellent chemical resistance; good strength and stiffness; very good surface quality;
inherently flame resistant; available in all medical colors; excellent solvent bonding to PVC
Polycarbonate
(PC) Trinseo EMERGE™ (PC) Ignition resistant; transparent and opaque; glass-filled also available
PolyMethyl
Methacrylate
(PMMA)
Trinseo Plexiglas® Acrylics
(PMMA) Clarity; easy processing; chemical resistance; BPA free; ideal for light piping and lenses
Styrenics & FR-PC/ABS Blends
Styrenics
Trinseo MAGNUM™ (ABS) Opaque; custom colors; excellent impact and flow; low residuals; full biocompatibility
INEOS Styrolution
Terlux® HD (MABS)
Good clarity; good heat and overall chemical resistance;
good impact strength; good solvent bonding to PVC; outstanding surface quality
INEOS Styrolution
Lustran® & Novodur® HD (ABS)
Opaque appearance; outstanding chemical resistance; high impact strength;
excellent balance of properties; ease of processability; bondable
FR-
Polycarbonate/
ABS
(FR-PC/ABS)
Covestro Bayblend®
(FR-PC/ABS) Flame retardant; good impact resistance; dimensional stability; toughness
Trinseo EMERGE™
(FR-PC/ABS)
Ignition resistant; limited biocompatibility; high flow; easy processing;
glass-filled also available
RIGID COMPONENTS: DIAGNOSTIC, IMAGING, LIFE SUPPORT, LABORATORY,
Applications include:
• Housings
• Covers
• Monitor bezels
• Body panels
• Handles
• Access panels
• Battery enclosures
• Wands
• Coils
Rigid Component Solution Needs:
• Materials compliant with ISO 10993 & USP Class VI, if required
• UL approved resins to meet flammability requirements
• Housings with toughness & good impact resistance
• Enclosures & components that withstand repeated cleanings
• High-flow materials for components with complex designs
FLEXIBLE COMPONENTS: DIAGNOSTIC, IMAGING, LIFE SUPPORT, LABORATORY,
Applications include:
• O-rings
• Gaskets
• Wheels
• Soft touch
grips/handles
• Keypads/displays
• Diaphragms
• Seals
Flexible Component Solution Needs:
• Comfortable handles & grips
• Water-tight seals
• Durable feet or casters
• Durable keypads
• Flow control
TPE, TPC-ET, TPU, TPV & Flexible PVC
Thermoplastic
Avient Versaflex™ HC
Overmolding Series
Proven healthcare solutions with hardness ranges 42–65 Shore A; autoclave, radiation
and EtO sterilizable; bondable to many substrates; customizable haptics
Arkema Pebax® MED
Sterilizable by gamma and EtO; low energy return; soft touch;
chemical resistance; overmolding material
Thermoplastic
Polyester
DuPont™ Hytrel®
Wide range of flexibility, stiffness, and processing options; Shore D between 30-82;
BPA-free; excellent flex fatigue and toughness; low temperature flexibility;
good chemical resistance
Thermoplastic
Polyurethane
Covestro Texin®
Biocompatible; soft touch; sterilizable; good chemical resistance;
overmold for grips and handles; excellent bonding to polar substrates like PC; 70A to 95A
Thermoplastic
Vulcanizate
Avient Versalloy™
Proven healthcare solutions with hardness ranges 45–90 Shore A; autoclave, radiation
and EtO sterilizable; natural and colorable; smooth texture; bonds to PP
Exxon Mobil Santoprene™
Durable sealing performance; elastic recovery; excellent chemical resistance;
compliance with medical standards
Flexible
Polyvinyl
Chloride
GEON Performance Solutions
Geon™ Flexible PVC
Engineered exclusively for the healthcare market; transparent and opaque colors; radiopaque
grades available; durometer ranges from 55A to 40D; gamma and EtO sterilizable
Thermoset Silicone Elastomers
Thermoset
Silicone
Elastomers/
Liquid Silicone
Rubber (LSR)
DuPont™ Liveo™
Silicone Elastomers (LSR)
Biocompatible; non-irritating and non-sensitization; sterilizable;
made without plasticizers, phthalates or latex
PVC
Polyvinyl
Chloride
GEON Performance Solutions
Geon™ Flexible PVC
Inherent flame resistance; halogen-free; excellent chemical resistance;
non-yellowing; proven safety record in wire and cable applications;
high temperature grades available
TPE, TPC-ET, TPU & POE
Thermoplastic
Polyester
Arkema Pebax®
Flexibility; chemical resistance; easy processing; abrasion resistance;
low coefficient of friction
Thermoplastic
Polyester
Elastomers
(TPC-ET)
DuPont™ Hytrel®
REACH, RoHS and WEEE compliant; wide range of flexibility, stiffness,
and processing options; 30D-82D; BPA-free; excellent flex fatigue and toughness;
low temperature flexibility; good chemical resistance
Thermoplastic
Polyurethane
Covestro Texin®
RoHs, WEEE, and REACH compliant; excellent memory and recoil; abrasion resistance;
Texin® Rx Series - medical grade Polyether TPU – 70A to 80D
Polyolefin
Elastomer
(POE)
Avient ECCOH™ Non-halogenated flame retardant; high flexibility;
environmental stress cracking resistance (ESCR); good electrical properties
PA
Polyamide
(Nylon, PA)
Arkema Rilsan®
(PA)
Chemical resistance; easy processing; abrasion resistance;
low coefficient of friction; dimensional stability
WIRE & CABLE: DIAGNOSTIC, IMAGING, LIFE SUPPORT, LABORATORY,
Applications include:
• Plug molding
• Flexible jacket
• Heater cable
insulation
• Flexible cords
• Coil cords & cable
Wire & Cable Component Solution Needs:
• Materials compliant with UL, RoHS, REACH & WEEE, if needed
• Materials with good chemical, moisture & abrasion resistance
• Low smoke & non-halogen materials
CUSTOM AVIENT SOLUTIONS FOR MEDICAL EQUIPMENT
Custom Solution Needs Avient™ Custom Solutions
Specialized materials to meet unique
application requirements
Avient Trilliant™ Healthcare products are a line
of customized solutions specific for regulated
medical devices; color branding expertise
FDA-registered pre-colored resins
and masterbatch options; color coding
for safety and brand recognition
Avient collaborates with key material suppliers
to provide FDA-approved pre-colored resins
Avient OnColor™ HC Plus offers customizable color
masterbatch solutions pre-certified for biocompatibility
using ISO 10993 and USP Class VI test protocol
Reduced growth of microbes
Avient WithStand™ additive technologies inhibit
growth of microbes that often cause odor,
staining and loss of mechanical properties
AVIENT DISTRIBUTION
Healthcare Supplier Line Card
You face a unique set of challenges when designing parts for the healthcare industry.
https://www.avient.com/sites/default/files/2021-02/2021-medical-devices-selection-guide.pdf
RIGID COMPONENTS: DIAGNOSTIC, IMAGING, LIFE SUPPORT, LABORATORY,
& MONITORING EQUIPMENT
(housings & covers, monitor bezels, body panels, handles, battery enclosures, access panels, wands, coils)
Rigid
Component
Materials compliant
with ISO 10993
& USP Class VI,
if required
UL approved
resins to meet
flammability
requirements
Housings with
toughness & good
impact resistance
Enclosures &
components that
withstand repeated
cleanings
High-flow materials
for components
with complex
designs
Copolyester, Polyester & PC/Polyester Blends
Copolyester Eastman Tritan™
(Copolyester)
High chemical resistance to a wide variety of hospital
disinfectants; excellent toughness and impact resistance after
disinfection; retains color and gloss after sterilization and
disinfection; does not contain BPA, BPS or halogens
Polybutylene
Terephthalate
(PBT)
DuPont™ Crastin® & Rynite® (FR-
PBT)
30% glass reinforced; flame retardant; good mold flow
and electrical properties; high strength, stiffness,
dimensional stability and heat resistance
Polyester
(PC/PET) &
Polybutylene
Terephthalate
(PC/PBT)
Covestro Makroblend®
(FR-PC/PET) & (FR-PC/PBT) Strength; toughness; chemical resistance; flame retardant
Covestro Makroblend®
(Non-FR PC/PBT)
Strength; toughness; chemical resistance;
limited biocompatibility
Trinseo EMERGE™
(FR-PC/PET)
Chemical resistance; ignition resistance;
limited biocompatibility
PA, PVC, PC & PMMA
Polyamide
(Nylon, PA)
Avient Trilliant™ XR
Radiation Shielding
(PA)
Radiation shielding; green alternative for lead
replacement; enhanced design freedom vs. lead;
available in hard and soft durometers
Arkema Rilsan® MED (PA11) &
Rilsamid® MED (PA12)
Chemical resistance; transparent and opaque;
easy processing; creep resistance; temperature resistance;
BPA-free; sterilizable by gamma, EtO and steam
Polyvinyl
Chloride
GEON Performance Solutions
Resilience™ HC (PVC)
Excellent chemical resistance; good strength and stiffness;
very good surface quality; inherently flame resistant;
available in all medical colors; excellent
solvent bonding to PVC
Polycarbonate
(PC) Trinseo EMERGE™ (PC) Ignition resistant; transparent and opaque;
glass-filled also available
PolyMethyl
Methacrylate
(PMMA)
Altuglas Plexiglas® Acrylics
(PMMA)
Clarity; easy processing; chemical resistance;
BPA free; ideal for light piping and lenses
Styrenics & FR-PC/ABS Blends
Styrenics
Trinseo MAGNUM™
(ABS)
Opaque; custom colors; excellent impact and flow;
low residuals; full biocompatibility
INEOS Styrolution
Terlux® HD
(MABS)
Good clarity; good heat and overall chemical resistance;
good impact strength; good solvent bonding to PVC;
outstanding surface quality
INEOS Styrolution
Lustran® & Novodur® HD (ABS)
Opaque appearance; outstanding chemical resistance;
high impact strength; excellent balance of properties;
ease of processability; bondable
FR-
Polycarbonate/
ABS
Covestro Bayblend®
Flame retardant; good impact resistance;
dimensional stability; toughness
Trinseo EMERGE™
Ignition resistant; limited biocompatibility; high flow;
easy processing; glass-filled also available
Flexible
Component
Solution Needs:
Comfortable
handles
& grips
Water-tight seals
Durable feet
or casters
Durable
keypads
Flow
control
TPE, TPC-ET, TPU, TPV & Flexible PVC
Thermoplastic
Avient Versaflex™ HC
Overmolding Series
Proven healthcare solutions with hardness ranges 42–65
Shore A; autoclave, radiation and EtO sterilizable;
bondable to many substrates; customizable haptics
Arkema Pebax® MED
Sterilizable by gamma and EtO; low energy return;
soft touch; chemical resistance; overmolding material
Thermoplastic
Polyester
DuPont™ Hytrel®
Wide range of flexibility, stiffness, and processing
options; Shore D between 30-82; BPA-free; excellent
flex fatigue and toughness; low temperature flexibility;
good chemical resistance
Thermoplastic
Polyurethane
Covestro Texin®
Biocompatible; soft touch; sterilizable; good chemical
resistance; overmold for grips and handles; excellent
bonding to polar substrates like PC; 70A to 95A
Thermoplastic
Vulcanizate
(TPV)
Avient Versalloy™
(TPV)
Proven healthcare solutions with hardness ranges 45–90
Shore A; autoclave, radiation and EtO sterilizable;
natural and colorable; smooth texture; bonds to PP
Exxon Mobil Santoprene™ (TPV) Durable sealing performance; elastic recovery; excellent
chemical resistance; compliance with medical standards
Flexible
Polyvinyl
Chloride
GEON Performance Solutions
Geon™ Flexible PVC
Engineered exclusively for the healthcare market; transparent
and opaque colors; radiopaque grades available; durometer
ranges from 55A to 40D; gamma and EtO sterilizable
Thermoset Silicone Elastomers
Thermoset
Silicone
Elastomers/
Liquid Silicone
Rubber
DuPont™ Liveo™
Silicone Elastomers (LSR)
Biocompatible; non-irritating and non-sensitization;
sterilizable; made without plasticizers, phthalates or latex
FLEXIBLE COMPONENTS: DIAGNOSTIC, IMAGING, LIFE SUPPORT, LABORATORY,
MONITORING EQUIPMENT
(o-rings, gaskets, wheels, soft touch grips/handles, keypads/displays, diaphragms, seals)
WIRE & CABLE: DIAGNOSTIC, IMAGING, LIFE SUPPORT, LABORATORY,
& MONITORING EQUIPMENT
(plug molding, heater cable insulation, flexible jacket, flexible cords, coil cords & cable)
Wire and Cable
Component
Solution Needs:
Materials compliant
with UL, RoHS,
REACH & WEEE, if
needed
Materials with
good chemical,
moisture & abrasion
resistance
Low smoke & non-
halogen materials
PVC
Polyvinyl
Chloride
GEON Performance Solutions
Geon™ Flexible PVC
Inherent flame resistance; halogen-free; excellent
chemical resistance; non-yellowing; proven safety record
in wire and cable applications; high temperature
grades available
TPE, TPC-ET, TPU & POE
Thermoplastic
Polyester
Arkema Pebax®
Flexibility; chemical resistance; easy processing;
abrasion resistance; low coefficient of friction
Thermoplastic
Polyester
Elastomers
(TPC-ET)
DuPont™ Hytrel®
REACH, RoHS and WEEE compliant; wide range of flexibility,
stiffness, and processing options; 30D-82D; BPA-free;
excellent flex fatigue and toughness; low temperature
flexibility; good chemical resistance
Thermoplastic
Polyurethane
Covestro Texin®
RoHs, WEEE, and REACH compliant; excellent memory
and recoil; abrasion resistance; Texin® Rx Series -
medical grade Polyether TPU – 70A to 80D
Polyolefin
Elastomer
(POE)
Avient ECCOH™
Non-halogenated flame retardant; high flexibility;
environmental stress cracking resistance (ESCR);
good electrical properties
PA
Polyamide
(Nylon, PA)
Arkema Rilsan®
(PA)
Chemical resistance; easy processing; abrasion resistance;
low coefficient of friction; dimensional stability
CUSTOM AVIENT SOLUTIONS FOR MEDICAL EQUIPMENT
Custom Solution Needs Avient™ Custom Solutions
Specialized materials to meet unique
application requirements
Avient Trilliant™ Healthcare products are a line
of customized solutions specific for regulated
medical devices; color branding expertise
FDA-registered pre-colored resins
and masterbatch options; color coding
for safety and brand recognition
Avient collaborates with key material suppliers
to provide FDA-approved pre-colored resins
Avient OnColor™ HC Plus offers customizable color
masterbatch solutions pre-certified for biocompatibility
using ISO 10993 and USP Class VI test protocol
Reduced growth of microbes
Avient WithStand™ additive technologies inhibit
growth of microbes that often cause odor,
staining and loss of mechanical properties
AVIENT DISTRIBUTION
Healthcare Supplier Line Card
You face a unique set of challenges when designing parts for the healthcare industry.
https://www.avient.com/sites/default/files/2021-07/avnt-q2-2021-earnings-release.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 8,400 associates and is certified ACC Responsible Care®, a
founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
Factors
that could cause actual results to differ materially from those implied by these forward-looking
statements include disruptions, uncertainty or volatility in the credit markets that could adversely
impact the availability of credit already arranged and the availability and cost of credit in the
future; the effect on foreign operations of currency fluctuations, tariffs and other political,
economic and regulatory risks; the current and potential future impact of the COVID-19
pandemic on our business, results of operations, financial position or cash flows including
without any limitation, any supply chain and logistics issues; our ability to achieve the strategic
and other objectives relating to the acquisition of Clariant's Masterbatch business, including any
expected synergies; changes in polymer consumption growth rates and laws and regulations
regarding plastics in jurisdictions where we conduct business; fluctuations in raw material
prices, quality and supply, and in energy prices and supply; production outages or material
costs associated with scheduled or unscheduled maintenance programs; unanticipated
developments that could occur with respect to contingencies such as litigation and
environmental matters; an inability to achieve the anticipated financial benefit from initiatives
related to acquisition and integration working capital reductions, cost reductions and employee
productivity goals; our ability to pay regular quarterly cash dividends and the amounts and
timing of any future dividends; information systems failures and cyberattacks; our ability to
consummate and successfully integrate acquisitions; and amounts for cash and non-cash
charges related to restructuring plans that may differ from original estimates, including because
of timing changes associated with the underlying actions.
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• The current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows;
• Our ability to achieve the strategic and other objectives relating to the acquisition of Clariant’s Masterbatch business, including any expected synergies;
• Changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Production outages or material costs associated with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• An inability to achieve the anticipated financial benefit from initiatives related to acquisition and integration working capital reductions, cost reductions and employee productivity goals;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Our ability to consummate and successfully integrate acquisitions;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and
• Other factors described in our Annual Report on Form 10-K for the year ended December 31, 2020 under Item 1A, “Risk Factors.”
Develop and implement solutions to end plastic
waste while supporting AEPW $1.5B
investment in key initiatives.
2030 SUSTAINABILITY TARGETS
15
PEER COMPARISONS
16
$442
$457
$560
$1.74
$1.93
$2.80
FULL YEAR 2019 – 2021 ORGANIC GROWTH
17
Sales Adjusted EBITDA
$3,981
$3,783
$4,300
+ 8%
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1)(1)
+ 27% + 61%
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• The current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows, including without any limitation, any supply chain and logistics issues;
• Changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Production outages or material costs associated with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions;
• Any material adverse changes in the equity and assets of Koninklijke DSM N.V.’s protective materials business (“the Dyneema Business”);
• Our ability to achieve the strategic and other objectives relating to the acquisition of the Dyneema Business and the possible sale of the Distribution business segment; and
• Other factors described in our Annual Report on Form 10-K for the year ended December 31, 2021 and our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2022 under Item 1A, “Risk Factors.”
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 8,800 associates and is
certified ACC Responsible Care® and a founding
member of the Alliance to End Plastic Waste.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Press Release%5B43%5D.pdf
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®.
Factors
that could cause actual results to differ materially from those implied by these forward-looking
statements include, but are not limited to: disruptions, uncertainty or volatility in the credit
markets that could adversely impact the availability of credit already arranged and the
availability and cost of credit in the future; the effect on foreign operations of currency
fluctuations, tariffs and other political, economic and regulatory risks; changes in laws and
regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw
material prices, quality and supply, and in energy prices and supply; production outages or
material costs associated with scheduled or unscheduled maintenance programs; unanticipated
developments that could occur with respect to contingencies such as litigation and
environmental matters; our ability to achieve strategic objectives and successfully integrate
acquisitions, including Avient Protective Materials; an inability to raise or sustain prices for
products or services; our ability to pay regular quarterly cash dividends and the amounts and
timing of any future dividends; information systems failures and cyberattacks; amounts for cash
and non-cash charges related to restructuring plans that may differ from original estimates,
including because of timing changes associated with the underlying actions; and other factors
affecting our business beyond our control, including without limitation, changes in the general
economy, changes in interest rates, changes in the rate of inflation and any recessionary
conditions.
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Press Release.pdf
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®.
Factors that could cause actual results to differ materially from those implied by these
forward-looking statements include, but are not limited to: disruptions, uncertainty or volatility in
the credit markets that could adversely impact the availability of credit already arranged and
the availability and cost of credit in the future; the effect on foreign operations of currency
fluctuations, tariffs and other political, economic and regulatory risks; changes in laws and
regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw
material prices, quality and supply, and in energy prices and supply; production outages or
material costs associated with scheduled or unscheduled maintenance programs;
unanticipated developments that could occur with respect to contingencies such as litigation
and environmental matters; our ability to achieve strategic objectives and successfully
integrate acquisitions, including Avient Protective Materials; an inability to raise or sustain
prices for products or services; our ability to pay regular quarterly cash dividends, including at
the increased rate, and the amounts and timing of any future dividends; information systems
failures and cyberattacks; amounts for cash and non-cash charges related to restructuring
plans that may differ from original estimates, including because of timing changes associated
with the underlying actions; and other factors affecting our business beyond our control,
including without limitation, changes in the general economy, changes in interest rates,
changes in the rate of inflation and any recessionary conditions.
https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.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®, a
founding member of the Alliance to End Plastic Waste and certified Great Place to Work®.
Factors that could cause
actual results to differ materially from those implied by these forward-looking statements include
disruptions, uncertainty or volatility in the credit markets that could adversely impact the
availability of credit already arranged and the availability and cost of credit in the future; the effect
on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory
risks; the current and potential future impact of the COVID-19 pandemic on our business, results
of operations, financial position or cash flows including without any limitation, any supply chain
and logistics issues; changes in polymer consumption growth rates and laws and regulations
regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices,
quality and supply, and in energy prices and supply; production outages or material costs
associated with scheduled or unscheduled maintenance programs; unanticipated developments
that could occur with respect to contingencies such as litigation and environmental matters; our
ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
information systems failures and cyberattacks; and amounts for cash and non-cash charges
related to restructuring plans that may differ from original estimates, including because of timing
changes associated with the underlying actions.
https://www.avient.com/sites/default/files/2020-03/Global_High_Yield_%26_Leverage_Conference %281%29.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Our ability to identify and evaluate acquisition targets and consummate and integrate acquisitions
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the
availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we
conduct business;
• Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online;
• Fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated
with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• An inability to raise or sustain prices for products or services;
• Information systems failures and cyber attacks; and
• Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in
interest rates and changes in the rate of inflation.
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Transformational M&A with PP&S divestment and pending acquisition of
Clariant Masterbatch business
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation to
continue for years
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating organic
growth
SERVICE:
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 40
T A L E N T D E V E L O P M E N T
PolyOne Corporation 41
Leadership Program Participants
2012
2013
2015
47
86
2016
2019
125
169
412
Campus Hires
2008
2011
2017
25
90
47
PolyOne LSS Blackbelts
2008
2011
2019
67
247
147
2019 134
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
IQ DESIGN
PolyOne Corporation 42
Computer
Aided
Engineering
Design
Strategy
3
15
Designers &
Engineers
$0
$15M
$4M
$87M
Opportunity funnel Total Revenue
LSS CUSTOMER FIRST
PolyOne Corporation 43
Customer Engagements
Enables sales growth by building more intimate
customer relationships, giving us insight to customers’
needs, with a service that is not easily replicated
2 210
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 44
SEGMENT HIGHLIGHTS
C O L O R , A D D I T I V E S & I N K S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 45
Solid
Colorants
Performance
Screen
Printing Inks
Liquid
Colorants
Wire &
Appliances
Electrical & Electronics
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 9 R E V E N U E | O V E R $ 1 B I L L I O N
PolyOne Corporation 46
34%
United
States
44%
Mexico
South
America
$4
$25
$104
$147
0.9%
5.5%
12.2%
14.7%
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
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 47
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Telecommunications
(FOC)
Electrical & Electronics
Building &
Construction
Note: (FOC) refers to Fiber Optic Cabling
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
Revenue by Region Operating Income & Margin
2 0 1 9 R E V E N U E | $ 7 5 0 M I L L I O N
PolyOne Corporation 48
27%
United
States
54%
17%
$21
$57
$87
0.1%
5.1%
9.3%
11.6%
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 49
28%
23%
Electrical &
Electronics
Building &
Operating Income & Margin2019 Revenue | $1.2 Billion
$25
$63
$75
$20
2.9%
4.0%
5.9%
6.3%
http://www.avient.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 50
Performance
Polyethylene
Pigments
Styrenic Block
Copolymer 7%
Nylon
TiO2
Polypropylene
Dyestuffs
Plasticizers
Other Raw
$900 million of raw material purchases in 2019 excluding Distribution business
Note: All figures exclude divested PP&S business
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 51
Thermally Conductive
Chemical Resistant
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Oxygen Scavenger
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Antioxidant Technologies
Density Modified
Target End Markets… Packaging
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and
prestige perceptions
among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
Eliminate costs by
increasing pigment density
Enhance color
performance without
altering form and
formulation
Increase design
capabilities by reducing
weight and layer thickness
Optimize Color Usage
OnColorTM Super Concentrates
Inhibit microbial growth on
polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Durable, long-lasting products stand
up to the most aggressive
disinfectants
Minimize environmental stress
cracking and discoloration
One of the broadest medically
approved polymer and colorant
portfolios
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
Outdoor Applications
Leading provider of high
performance specialty materials
for the recreational and sports &
leisure industry
Well positioned across all
segments to address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
ColorMatrix Fiber Colorant
Solutions
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
PolyOne Corporation 63
Global high yield & leveraged finance Conference
Forward Looking Statements
USE OF �NON-GAAP�MEASURES
Vision
Safety First
Commodity to Specialty Transformation
PolyOne�2019 Revenue | $2.9 billion
Slide Number 8
Sustainable Path to Double-Digit EPS Growth
Expansion of Commercial Resources driving growth
The Evolving Customer Relationship
Slide Number 12
Aligning with trends for Growth
Revenue from Sustainable Solutions
Innovation
3 Horizons of Development
Innovation Spotlight: Composites
COMPOSITE MATERIALS
COMPOSITEs Portfolio�Diverse Capabilities and Solutions Serving Manufacturers and OEMS
PolyOne applications in Fiber optic cables
Fiber optical growth drivers
Invest-to-Grow M&A Strategy
Invest-to-Grow M&A Playbook
Invest-to-Grow Proof of performance
Clariant Masterbatch Acquisition Drives�Next Level Specialty Transformation
Transformation Headlines
Fit with Four Pillar Strategy
End Market Transformation
End Market Transformation
Complementary Geographic Presence
Slide Number 31
PolyOne + Clariant Masterbatch Business
Over 85% of Adjusted EBITDA from Specialty
Transaction overview
Significant Synergy Opportunities
Attractive Financing Structure
Slide Number 37
Returning cash to shareholders�Over $1.2 Billion since 2011
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Changes in laws and regulations regarding plastics in jurisdictions where we conduct business;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Production outages or material costs associated with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials (APM);
• An inability to raise or sustain prices for products or services;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and
• Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
National Defense
budget of $842 billion submitted to Congress
in Q1 2023
• European NATO members annual defense
spend expected to increase by up to 20%
Dyneema® is the world’s strongest fiber™
One of the highest strength to weight
ratios of any material on Earth
Direct relationships with industry leading
armor manufacturers
Resistant to most chemicals, UV, and
moisture to handle any environment
Avient Confidential 18
DEFENSE
Source: US Department of Defense, defense.gov, NATO18
Source:
TRANSPORTATION
• Increased EPA regulations requiring
improved fuel efficiency, enabled in part by
lower-weight vehicles
• Automakers preparing for 2/3 of U.S.
vehicles to be 100% electric by 2032
Lightweight panels that establish both
strength and stiffness resulting in
decreased energy usage, lower emissions
Long-lasting Color applications to resist
UV exposure, temperature fluctuations
and exceed the stylistic requirements of
global automakers
19
$130
$530
$0.60
$2.40
2023 GUIDANCE
20
Sales Adjusted EBITDA
$845
$3,400
(in millions) (in millions)
CASH FLOW / LEVERAGE
21
• Maintaining free cash flow
and leverage guidance from
February earnings call
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Restructuring actions to
streamline operations and
improve profitability,
primarily in Europe
($ millions) 2023E
Cash Flow from Operating Activities 350$
Less:
Run-Rate CapEx (110)
CapEx for IT System Upgrade (25)
CapEx for Restructuring (15)
Total CapEx (150)
Free Cash Flow 200$
Adjusted EBITDA 530$
Net Debt / Adjusted EBITDA 2.9x
LONG-TERM REVENUE GROWTH DRIVERS
Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites 10%
Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
22
Sustainable
Solutions
32%
Asia / LATAM
Composites
Other (GDP
Growth)
39%
• Virtual presentation to be held
September 20, 2023
• The company will be
conducting an investor-focused
presentation around our
sustainability solutions portfolio
Avient Confidential 23
SUSTAINABILITY
INVESTOR DAY
23
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2022
($ in millions)
Organic Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
24
*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
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
$1,175M
Lightweighting
Eco-Conscious
Recycle Solutions
VOC Reduction
Sustainable Infrastructure
Human Health & Safety
Reduced Energy Use
Bio-polymers
SUSTAINABILITY NEEDS BY MARKET
B&C
• Eco-Conscious
• Carbon footprint
• Resource
conservation
• Carbon footprint
• Bio based content
• Eco-Conscious
Automotive
• Light weighting
• Recycled Content
• VOC reduction
• Recycle Solutions
• Carbon Footprint
Packaging
• Recycle Solutions
• Food waste
reduction
Common Theme: CO2 Emission Goals
Increasing Single-Use Plastic Regulation
25
INVESTING
IN INNOVATION
S U S T A I N A B I L I T Y P O R T F O L I O
26
AP P EN D IX
29
RAW MATERIAL 2022 ANNUAL PURCHASES
Performance
Additives
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
• Cost inflation
decelerating,
particularly for
hydrocarbon-based
raw materials
2022 pro forma results for the acquisition of Avient Protective Materials
SEGMENT DATA
U.S. & Canada
37%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
31
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
C O L O R , A D D I T I V E S & I N K S
2022 REVENUE | $2 .4 B ILL ION
34%
38%
END MARKET REGION
32
34%
21%
Building &
1% Energy
2%
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
END MARKET
52%
35%
REGION
33
19%
8%Industrial
9% Defense
Building &
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
BY END MARKET
27%
14%
17%
Building &
(37% of sales)Transportation
12%
Building &
US &
Canada
(40% of sales)
56%
23%
Building &
1%
LATAM
(5% of sales)
3%
34
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,400 and estimated run-rate CAPEX of $110M.
36
4 4
4
6
8
9
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.