https://www.avient.com/investor-center/news/avient-announces-fourth-quarter-and-full-year-2020-results-and-provides-guidance-2021
Specialty Engineered Materials
Specialty Engineered Materials
Specialty Engineered Materials
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
Further, as a result of Avient's portfolio shift to a pure play specialty
formulator, it has completed several acquisitions and divestitures which have resulted in a significant amount of intangible asset
amortization.
Three Months Ended
March 31,
2023 2022
Sales:
Color, Additives and Inks $ 537.0 $ 649.5
Specialty Engineered Materials 309.7 243.1
Corporate (1.0) (0.4)
Sales $ 845.7 $ 892.2
Gross margin:
Color, Additives and Inks $ 162.0 $ 192.1
Specialty Engineered Materials 93.9 68.4
Corporate (8.3) (6.1)
Gross margin $ 247.6 $ 254.4
Selling and administrative expense:
Color, Additives and Inks $ 96.4 $ 97.6
Specialty Engineered Materials 50.8 30.1
Corporate 43.3 24.5
Selling and administrative expense $ 190.5 $ 152.2
Operating income:
Color, Additives and Inks $ 65.6 $ 94.5
Specialty Engineered Materials 43.1 38.3
Corporate (51.6) (30.6)
Operating income $ 57.1 $ 102.2
Depreciation & amortization:
Color, Additives and Inks $ 25.8 $ 26.0
Specialty Engineered Materials 21.2 7.8
Corporate 3.5 3.8
Depreciation & Amortization $ 50.5 $ 37.6
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 91.4 $ 120.5
Specialty Engineered Materials 64.3 46.1
Corporate (48.1) (26.8)
Other income (expense), net 0.7 (0.6)
EBITDA $ 108.3 $ 139.2
13
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current profitability
levels and how it may serve as a basis for future performance.
https://www.avient.com/industries/packaging/cosmetics-packaging
Utilizing our Gravi-Tech™ modified density polymers in your cosmetic packaging can help you create a premium perception of your brand when consumer pick up your product.
Our polymer solutions help you emulate the look and feel of glass and metal.
Our polymer solutions help you emulate the look and feel of glass and metal.
https://www.avient.com/news/polyone-invisio-color-inspiration-2015-provides-multidimensional-inspiration-designers
CLEVELAND – PolyOne Corporation (NSYE: POL) a premier global provider of specialized polymer materials, services and solutions, today announced the release of itsInVisiO Color Inspiration 2015, a collection of six insightful color directions for designers, brands and marketing managers.
This series of creative resources and technical support services helps designers and brand owners to drive innovation in plastic product development by leveraging extensive polymer materials and color expertise from PolyOne.
PolyOne Corporation, with 2013 revenues of $3.8 billion, is a premier provider of specialized polymer materials, services and solutions.
https://www.avient.com/sites/default/files/2024-05/Responsible Care_14001 Global Cert_Avient_2024.pdf
Avient Corporation
Avient Corporation HQ
Certificate No: 65536
Certification Date: 29 September 2023
CORPORATE SUPPORT ACTIVITIES, DESIGN, MANUFACTURE AND DISTRIBUTION OF COLOUR AND ADDITIVE
CONCENTRATES, THERMOPLASTIC RESINS AND PELLETS, SPECIALTY COMPOUNDS AND COLORANTS.
Avient Corporation - Bethel, CT
19 Francis J Clark Circle
Bethel, CT 06801
Design and Manufacture of Colorants and Compounds for Fluoropolymer and High Temperature Polymers.
65536-110437Certificate No:
Page 9 of 53
ABS Quality Evaluations, Inc. 1701 City Plaza Drive, Spring, TX 77389, U.S.A.
NEU Specialty Engineered Materials, LLC
15 Corporate Drive
North Haven, CT 06473
Compound, Supply, and Prototyping Services of Thermoplastics
65536-109481Certificate No:
Page 34 of 53
ABS Quality Evaluations, Inc. 1701 City Plaza Drive, Spring, TX 77389, U.S.A.
https://www.avient.com/sites/default/files/2021-04/edgetek-nylon-power-tool-case-study-one-pager.pdf
POWER TOOL
MANUFACTURER
P I S T O N R I N G A N D
C O N N E C T I N G R O D F O R
P O W E R T O O L
• Exceptional mechanical properties
• Good wear and abrasion resistance
• High purity and light weight
• Worked directly with the manufacturer from
design to molding to better understand and
satisfy key requirements
• Improved strength, stiffness and stability
with one-stop technology service to best
meet customer’s needs
• Provided lightweighting solution to help
customer achieve its sustainability goal
Edgetek™ PK PEEK Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/edgetek-pk-peek-formulations
https://www.avient.com/sites/default/files/2023-01/Mevopur Healthcare Functional Additives_Laser Welding Additives for Medical Devices Application Bulletin.pdf
Since
polymers interact differently with laser energy,
making them more or less suitable for laser welding,
special polymer solutions can be used to enhance
a polymer’s ability to interact with the laser energy
and achieve a good weld.
Ready-to-use formulations
can be offered to solve any dispersion issues.
KEY CHARACTERISTICS
• Manufactured at four ISO 13485 certified sites,
providing global consistency and increased
security of supply
• Documented change control beyond CAS
number, reducing risk of change
• Available as additive concentrates, ready-to-use
additive formulations or ready-to-use additive/
colorant formulations for different polymers
REGULATORY SUPPORT
• Raw materials tested to:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact established with FDA/EU*
APPLICATION BULLETIN
* FDA/EU compliance information available upon request; exceptions may occur
Healthcare use limitations apply—see below.
https://www.avient.com/sites/default/files/2022-08/ColorMatrix Excelite Product Bulletin.pdf
Formulations
typically feature a combination of exothermic
and endothermic agents which, when under
thermal decomposition, cause gas to evolve
forming a cellular structure in the polymer matrix.
Excelite additives are not subject to significant
thermal exposure in the manufacturing process, so
the formulations are optimized for decomposition
during the customer process.
PRODUCT BULLETIN
EXCELITE - COMMON FORMULATIONS
USAGE RATES
Typically Excelite additives are dosed between 0.2% and 1.2% depending on the polymer, application and the
density requirement.
https://www.avient.com/resource-center/services
Our unbiased approach and unique combination of design, polymer science and manufacturing expertise help you bring amazing new products to market fast.
Engineered Polymer Services
Our engineered polymers and technical services help you make informed decisions, overcome material challenges, and optimize product development.
https://www.avient.com/investors/investor-news?page=13
PolyOne Hires Christopher Pederson as President, Specialty Engineered Materials...