https://www.avient.com/sites/default/files/2024-10/Edwards Ballistic Panel Case Study.pdf
THE SOLUTION
This coordinated effort resulted in the innovative
Modular Protective System (MPS) portable structure,
which incorporates an Edwards-designed collapsible
truss framework and Avient’s GlasArmor™ ballistic
resistant composite panels.
THE IMPACT
The MPS incorporates Avient’s custom-formulated
GlasArmor ballistic panels that meet Level 3 protection
under Underwriters Laboratories (UL) 752 standards for
ballistic resistance.
Avient collaborated with Edwards to develop ballistic-
resistant panels that were not only compatible with the
required hardware but also met color requirements for
better visual cover once deployed.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
7
$133
$201
2019PF 2022E
7
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORIC SPECIALIZATION THROUGH M&A
8
Distribution
DSM Protective
Materials
BOLT-ON ACQUISITION HISTORY
9
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
100%
0%
60%
80%
100%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
10
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
https://www.avient.com/sites/default/files/2020-12/packaging-solution-bulletin-selector-guide.pdf
GLS™ TPE
PACKAGING SOLUTIONS
CHEMICAL RESISTANT
SOLUTIONS FOR COSMETIC,
PERSONAL CARE AND
HOUSEHOLD PACKAGING
We’ve developed a line of chemical resistant thermoplastic elastomers (TPEs) that do not discolor, etch, crack or
delaminate.
What’s more, they are FDA and REACH compliant and resist those chemicals particular to cosmetics,
personal care, and household products.
CHEMICAL RESISTANT TPEs ADD FUNCTIONALITY THAT BRINGS VALUE
TO CONSUMERS
• Chemical Resistance – Resists aggressive
soaps, detergents, lotions, oils and solvents
found in cosmetic, personal care and
household products
• Regulatory* – Compositionally compliant
with certain FDA and REACH regulations
• Value – Economical alternative to silicone
and over-engineered medical grade TPEs
• Easy to Process – Can be injection molded
and overmolded right onto the substrate
including PP, ABS, etc
https://www.avient.com/products/polymer-colorants/solid-color-masterbatches/omnicolor-multipurpose-colorants
PVC
https://www.avient.com/knowledge-base/article/considering-house-plastisol-production
Supply chain security: The supply for PVC dispersion resin can be volatile and, when supply gets tight, smaller plastisol producers are often affected the most.
https://www.avient.com/news/polyone-showcases-industry-leading-solutions-wire-2016
PolyOne has developed formulations based on materials from PVC and polyolefins to the highest temperature fluoropolymers.
https://www.avient.com/news/avient-specialty-inks-focuses-sustainability-debuts-updates-union-ink-branding-impressions-expo-2023
Avient Specialty Inks is excited to exhibit its sustainable portfolio of reduced energy use and eco-conscious inks with a new video showcasing how the team is working to lower ink curing temperatures and expand PVC-free portfolios to help customers meet their sustainability goals.
https://www.avient.com/news/polyone-provides-new-twist-aluminum-cap-liners-low-migration-tpe-technology-pack-expo-2015
As an extension of GLS compression-molded cap liner technology, this non-PVC Versaflex PKG is formulated for aluminum caps used for sealing glass, polyethylene terephthalate (PET), or aluminum containers.
https://www.avient.com/news/new-zodiac-libra-silicone-inks-polyone-present-eco-conscious-options-performance-wear-screen-printers
Zodiac Libra silicone ink meets these performance-on-garment requirements for brands that desire a non-PVC formulation.
https://www.avient.com/news/polyone-collaborates-help-celebriducks-offer-safe-water-toys-children
The Good Duck is marketed as PVC free, phthalate free and BHA free, and also features two PolyOne technologies: customized GLS™ TPE materials and OnColor™ colorants.