https://www.avient.com/sites/default/files/2022-02/Sustainability ESG Disclosures_Silicon Dioxide.pdf
Quartz, or crystalline silica, is suitable for many purposes, while production via chemical
processing is required to make a purer or otherwise more suitable product (e.g. more reactive or with lower
particle size).
The usual precautions, occupational exposure limits for inert dusts, industrial
hygiene and occupational safety measure for handling chemicals should be observed.
Observe the usual industrial hygiene measures.
https://www.avient.com/sites/default/files/2024-09/Maxxam FR Polyolefin Formulations - Product Overview.pdf
Maxxam™ FR Flame Retardant Polyolefin Formulations
Maxxam™ FR Flame Retardant Polyolefin
Formulations are engineered to meet stringent
flammability performance requirements according
to industry norms.
Maxxam FR formulations are an ideal choice for a
variety of applications which require specific flame
retardant performance in a wide range of industries
including consumer, electrical and electronic,
transportation, industrial equipment and medical
devices.
KEY CHARACTERISTICS
• UL 94 V-2, V-0, 5VA ratings and elevated
RTI ratings
• GWFI (IEC 60695-11-10) up to 960°C
• Comparative Tracking Index (CTI) PLC 0,
600V ratings
• Injection molding and extrusion grades
• Non-halogen grades available
• Low dielectric performance with selected
formulations
• Good recyclability
• Colorable
MARKETS & APPLICATIONS
Applications that require flame retardant
performance including:
• Transportation: Interior components, seat
components, door panels, aircraft interiors,
railway interiors, boat interiors
• Construction & Building Materials: Cable
insulation, pipes and fittings, insulation
materials
• Consumer – Appliance casings, housings,
covers, fume hoods, battery packages, furniture
• Industrial Equipment: Machine housings
• Energy, Electrical & Electronic, E-Mobility:
Battery frames, electrical housings, connectors
• Telecommunication: Cable management
• Packaging: Transportation of sensitive goods
• Healthcare: Medical device housings and
components
PRODUCT BULLETIN
MAXXAM FR FLAME RETARDANT POLYOLEFIN FORMULATIONS
Non-halogenated Halogenated
PP Homopolymer Copolymer Homopolymer Copolymer
Unit Unfilled Glass Fiber Mineral Unfilled Glass Fiber Mineral Unfilled Glass Fiber Mineral Unfilled Glass Fiber Mineral
Characteristic Talcum Talcum Talcum Talcum
Reinforcement Mass-% 0 5–30 5–30 0 20–30 5-20 0 5–30 5–20 0 5–30 5–20
Colorable – ++ ++ + ++ ++ + + + + + + +
Density g/cm3 0,9–1,08 1,28–1,37 0,98–1,55 0,92–1,06 1,25–1,35 0,95–1,28 0,94–1,04 1,3–1,55 1,01–1,42 0,96–1,01 0,94–1,58 0,95–1,46
Tensile Strength MPa 25–30 30–70 25–35 16–22 40–65 15–25 25-–35 30–70 25–35 20–24 20–55 -25
E-Modulus (Tensile) MPa 1600–2500 2500–8200 2500–4000 800–1200 2000–8000 1600–3000 1300–2000 3000–8900 1900–3500 1000–1400 1200–7500 1500–3000
Izod Impact 23°C notched % 2,0–4,5 3,5–7,5 2,5–4,5 5–40 2,5–18 2,5–6 2,5–4,5 3,5–6,0 3,0–7,0 4,0–40 2,5–16 2,5–10
Max.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_final2.pdf
Complete required compliance and ethics training and certifications.
Q & A
Q: I am required to do some business travel.
At the same time, we are a very competitive company and
want to be the best in the industry.
https://www.avient.com/sites/default/files/2020-11/what-is-classed-as-recycled-content.pdf
MATERIALLIFECYCLE
GLOSSARY OF TERMS
Material Manufacturer - Raw
material suppliers or processors
who produce materials ready
for manufacturing
Reworkable Material - O� spec or
scrap materials that are re-ground
or re-worked back into the same
supply or manufacturing process
that produced them – these are not
considered recycled
Prime - Materials supplied that
meet the required specification,
ready for processing/
manufacturing
Processor - Manufacturing of
products ready for market e.g.
molders and extruders
Retail/Consumer - End user
Reclaimer - Local recycling center
for consumer goods
Post-Consumer Recycle (PCR) -
Materials derived from polymers
reclaimed at the end of their
lifecycle that have been through
waste treatment
Scrap Parts & Materials - Waste
from the manufacturing process
that cannot be reused within the
same process or sold to the market
Waste Treater - Regional industrial
waste reclamation center
Post-Industrial Recycle (PIR) -
Material derived from scrap
reclaimed within the manufacturing
process that has been through
waste treatment
PRIME
POST-
CONSUMER
RECYCLE
(PCR)
WASTE
TREATER POST-
INDUSTRIAL
RECYCLE
(PIR)
REWORKABLE
MATERIAL
RETAIL/
CONSUMER RECLAIMER
MATERIAL
MANUFACTURER
SCRAP
PARTS &
MATERIALS
PROCESSOR
https://www.avient.com/sites/default/files/2024-03/AVNT February IR Presentation_w_Non-GAAP Recs_v2.pdf
Additionally, Adjusted EPS excludes the impact of special items and amortization
expense associated with intangible assets.
2
3
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable materials solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.14B
Revenue
$2.36
Adjusted EPS
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted Free Cash Flow
Over $1B in share
buybacks since 2011
Raised dividend for
13 consecutive years,
a 15% CAGR since
2011
U.S. &
Canada
EMEA
Asia
Latin America
64%
36%
Specialty
Engineered
Materials
Color
Additives
and Inks
41%
36%
18%
5%
7%
7%
23%
19%
9%
16%
10% 5% 4%
Defense
Healthcare
Packaging
Consumer
Building &
Construction
Industrial
Transportation
Energy Telecom
Geography
Segment
Industry
4
CRE AT ING A WORL D-CL AS S
S US TAINABL E ORGANIZ AT ION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Continue fostering our Great
Place to Work® culture
Strategic Objectives
Long Term
Growth
Rates
Growth Drivers
$340
$455
$790
$1,135
2016 2018 2020 2023
$51
$84
$212
$645
2016 2018 2020 2023
$108 $113
$231 $230
2016 2018 2020 2023
$265
$358
$726 $725
2016 2018 2020 2023
8-12% 8-10% 8-10% 5%
Sustainable Solutions Composites Healthcare Asia/Emerging Regions
Profitable Growth Great Place to Work
5.4%
10.9%
16.0%
2006 2014 2023
EBITDA Margins
$0.14
$1.93
$2.36
2006 2014 2023
Adjusted EPS
TOP -T IE R S US TAINABIL IT Y P E RF ORM ANCE
AND RE COGNIT ION
Industry Sustainability Standards
ESG Ratings Performance
1
2
4
87th
94th
percentile
5
Avient CDP Score:
A-
F E B R U A R Y 1 4 , 2 0 2 4
W E B C A S T
P R E S E N T AT I O N
DR.
PY
( T O TA L C O M PA N Y )
$790
$719
2022 2023
$107
$114
2022 2023
Sales Adjusted EBITDA
(in millions)
$0.42
$0.52
2022 2023
Adjusted EPS
(in millions)
- 9% + 7% + 24%
Sales Adjusted EBITDA Adjusted EPS
15
Q4 2023 SEGMENT PERFORMANCE
16
CAI
$491
$459
Sales
(in millions)
$70
$84
EBITDA
SEM
$301
$260
Sales
$55
$49
EBITDA
- 7% - 14%+20% - 11%
2022 2023
(in millions)
Q4 EBITDA BRIDGE
( T O TA L C O M PA N Y )
17
$ millions
CAI:
Price / Mix 11
Deflation 14
SEM:
Price / Mix 4
Deflation 9
Net Price Benefit 38
Cost Reductions 13
Wage Inflation (8)
Other (2)
Q4 2023 $114
Adjusted
EBITDA
Q4 2022 $ 107
Demand (34) • Demand was down, but less than in previous
quarters, due to slowing pace of destocking
• Positive net price benefit:
o CAI – Pricing flat with favorable mix from
uptick in packaging and consumer end
markets and raw material deflation
o SEM - Pricing flat with favorable mix from
Composites and raw material deflation
• Cost reductions primarily driven by reduced
administrative costs and cost synergies
2 0 2 4 G U I D A N C E
2024 GUIDANCE
Full Year 2024 Guidance
Adjusted EBITDA $505 to $535 million
Adjusted EPS $2.40 to $2.65
Interest Expense $105 to $110 million
Adjusted Effective Tax Rate 23% to 25%
Capital Expenditures ~$140 million
19
Q1 Adjusted EPS of $0.68
A P P E N D I X
21
Performance
Additives
15%
Pigments
13%
TiO2
9%
Dyestuffs
2%
Polyethylene
10%Nylon
5%
Polypropylene
4%
Styrenic Block
Copolymer
4%
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RA W MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
EMEA
36%
Asia
18%
Latin America
5%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
19%
Packaging
23%Industrial
16%
Building and
Construction
9%
Telecommunications
4%
Energy
5%
Defense
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
Transportation
10%
Healthcare
7%
23
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2 0 2 3 R E V E N U E | $ 2 . 0 B I L L I O N
US & Canada
34%
EMEA
37%
Asia
21%
Latin America
8%
END MARKET REGION
24
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
15%
Transportation
9%
Building &
Construction
10%
Telecommunications
1% Energy
2%
COLOR, ADDITIVES & INKS
2 0 2 3 R E V E N U E | $ 1 . 1 B I L L I O N
US & Canada
52%
EMEA
35%
Asia
13%
25
Packaging
5%
Consumer
16%
Healthcare
6%Industrial
16%
Transportation
12%
Telecommunications
9%
Energy
10% Defense
18%
Building &
Construction
8%
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
Packaging
32%
Consumer
26%
Healthcare
9%
Industrial
13%
Building &
Construction
6%
Telecommunications
2%
Energy
2% Defense
1%
Asia
(18% of sales)
Transportation
9%
2 0 2 3 AV I E N T R E G I O N A L S A L E S
Packaging
25%
Consumer
13%
Healthcare
5%
Industrial
18%
Building &
Construction
9%
Energy
5%
Defense
8%
EMEA
(36% of sales)Transportation
13%
Packaging
13%
Consumer
22%
Healthcare
10%
Industrial
16%
Building &
Construction
12%
Energy
6%
Defense
8%
US &
Canada
(41% of sales)
Transportation
9%
Packaging
59%
Consumer
22%
Healthcare
2%
Industrial
8%
Building &
Construction
4%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
4%
Telecommunications
4%
26
B Y E N D M A R K E T
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2020-08/thermoset-composites-tri-fold-product-selection-guide.pdf
THERMOSET
ADVANCED
COMPOSITE
TECHNOLOGIES
PRODUCT SELECTION GUIDE
Gordon Composites™ thermoset composite barstock,
laminates, and hybrid composites made with proprietary
resin/fiber reinforcement technologies offer:
• Corrosion resistance
• High fatigue strength
• Deep deflection
• Excellent interlaminar shear strength
Our customized finishing capabilities include machining,
water-jet cutting, profiling/shaping, sanding, slitting,
laminating, molding and coatings.
Glasforms materials are
highly customizable to meet specific customer requirements.
Glasforms materials
are highly customizable to meet specific customer requirements.
https://www.avient.com/products/polymer-additives/processing-enhancement-additives/cesa-wpc-processing-enhancement-additives
Additive technologies that can give your product needed protection from light
https://www.avient.com/news/archives?page=50
PolyOne Launches New Textile Printing Technology in China: Wilflex™ EPIC™ Rio Non-Phthalate Ink Mixing System
https://www.avient.com/news/archives?page=24
Avient to Feature Specialty & Sustainable Technologies at K 2022
https://www.avient.com/investor-center/news/avient-hold-third-quarter-2021-conference-call
Unique technologies that improve the recyclability of products and enable recycled content to be incorporated, thus advancing a more circular economy