https://www.avient.com/sites/default/files/2023-05/complet-lft-automotive-aftermarket-side-step-application-snapshot-1.pdf
AFTERMARKET PARTS
MANUFACTURER
S I D E S T E P
• High strength
• Low moisture absorbance, reduced warpage
• Pleasing cosmetic finish
• Strong flexural modulus
• Offered long fiber thermoplastic (LFT) with 3x the
strength of the incumbent short fiber material
without a need for retooling
• Resolved major disadvantage of moisture uptake
with a moisture-resistant PA66 LFT formulation
• Facilitated part consolidation and design freedom
• Modeled performance of long glass fiber design
with advanced testing capabilities (FEA,
moldflow, burnoff)
Complēt™ Long Fiber Reinforced Structural
Thermoplastics
KEY REQUIREMENTS
WHY AVIENT
AVIENT SOLUTION
STRENGTH + PART CONSOLIDATION
LEARN MORE
Copyright © 2023, Avient Corporation.
AVIENT SOLUTION
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/complet-long-fiber-reinforced-structural-thermoplastics
https://www.avient.com/sites/default/files/2023-04/Complet LFT-Automotive Aftermarket Side Step.pdf
AFTERMARKET PARTS
MANUFACTURER
S I D E S T E P
• High strength
• Low moisture absorbance, reduced warpage
• Pleasing cosmetic finish
• Strong flexural modulus
• Offered long fiber thermoplastic (LFT) with 3x the
strength of the incumbent short fiber material
without a need for retooling
• Resolved major disadvantage of moisture uptake
with a moisture-resistant PA66 LFT formulation
• Facilitated part consolidation and design freedom
• Modeled performance of long glass fiber design
with advanced testing capabilities (FEA,
moldflow, burnoff)
Complēt™ Long Fiber Reinforced Structural
Thermoplastics
KEY REQUIREMENTS
WHY AVIENT
AVIENT SOLUTION
STRENGTH + PART CONSOLIDATION
LEARN MORE
Copyright © 2023, Avient Corporation.
AVIENT SOLUTION
https://www.avient.com/products/engineered-polymer-formulations/high-temperature-polymer-formulations/complet-long-fiber-reinforced-structural-thermoplastics
https://www.avient.com/sites/default/files/2020-10/tpe-injection-molding-guide.pdf
Anisotropy is caused when the polymer chains
orient in the direction of flow, which leads to higher physical properties in the flow
direction.
Certain specialty products, such as
some Versaflex™, Versalloy™ and Versollan™ grades are hygroscopic; thus they need
to be dried prior to molding.
If using a specialty overmolding grade, follow the
coloring recommendations given on the individual product technical data sheets.
https://www.avient.com/sites/default/files/2024-03/Gravi-Tech Product Bulletin_A4.pdf
Gravi-Tech™ Density-Modified Formulations
High-Performance Alternative to Lead and Other Traditional Metals
PRODUCT DESCRIPTION
Gravi-Tech™ polymer-metal composites offer
a high-performance thermoplastic-based
alternative to lead and other traditional dense
metals.
VALUE SOLUTION
Improve safety and reduce costs with
Gravi-Tech formulations
When Gravi-Tech polymer metal composites are
substituted for lead, manufacturers can avoid
the regulatory, disposal and employee exposure
challenges associated with lead.
Several grades
of Gravi-Tech composites used for radiation-
shielding applications provide protections similar
to traditional lead-based materials, yet these
Gravi-Tech polymer-metal composites are 37
percent lighter.
https://www.avient.com/sites/default/files/2022-12/Mevopur Healthcare Functional Additives Pharma Pkg Application Bulletin.pdf
Mevopur™ Healthcare Functional Additives
for Pharmaceutical Packaging
Mevopur™ Healthcare Functional Additives help
protect and enhance the performance of polymers
used in pharmaceutical packaging products such as
vials, bottles, closure systems, films and
combination devices.
The portfolio includes
formulations for UV protection, slip/torque
reduction, protection against oxidation,
improved clarity, gamma/e-beam sterilization
protection, and more.
These functional additives
are available as concentrates to dilute into the
polymer, or ready-to-use formulations that can be
used as such without dilution.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Press Release%5B43%5D.pdf
Sales of our specialty materials into
defense, energy, and transportation end markets have shown resilience during these challenging
times.”
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
June 30,
Six Months Ended
June 30,
2023 2022 2023 2022
Sales:
Color, Additives and Inks $ 524.5 $ 649.1 $ 1,061.5 $ 1,298.6
Specialty Engineered Materials 300.8 242.3 610.5 485.4
Corporate (0.9) (0.4) (1.9) (0.8)
Sales $ 824.4 $ 891.0 $ 1,670.1 $ 1,783.2
Gross margin:
Color, Additives and Inks $ 164.1 $ 193.4 $ 326.1 $ 385.5
Specialty Engineered Materials 91.5 66.0 185.4 134.4
Corporate (14.9) 1.5 (23.2) (4.6)
Gross margin $ 240.7 $ 260.9 $ 488.3 $ 515.3
Selling and administrative expense:
Color, Additives and Inks $ 96.1 $ 99.8 $ 192.5 $ 197.4
Specialty Engineered Materials 51.8 30.8 102.6 60.9
Corporate 30.5 30.2 73.8 54.7
Selling and administrative expense $ 178.4 $ 160.8 $ 368.9 $ 313.0
Operating income:
Color, Additives and Inks $ 68.0 $ 93.6 $ 133.6 $ 188.1
Specialty Engineered Materials 39.7 35.2 82.8 73.5
Corporate (45.4) (28.7) (97.0) (59.3)
Operating income $ 62.3 $ 100.1 $ 119.4 $ 202.3
Depreciation & amortization:
Color, Additives and Inks $ 25.7 $ 25.8 $ 51.5 $ 51.9
Specialty Engineered Materials 19.9 7.6 41.1 15.5
Corporate 2.0 3.1 5.5 6.9
Depreciation & Amortization $ 47.6 $ 36.5 $ 98.1 $ 74.3
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 93.7 $ 119.4 $ 185.1 $ 240.0
Specialty Engineered Materials 59.6 42.8 123.9 89.0
Corporate (43.4) (25.6) (91.5) (52.4)
Other income (expense), net (0.2) 1.6 0.5 1.0
EBITDA including special items $ 109.7 $ 138.2 $ 218.0 $ 277.6
Total Company special items in EBITDA 21.6 (0.2) 47.1 4.4
Total Company, EBITDA adjusted $ 131.3 $ 138.0 $ 265.1 $ 282.0
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/sites/default/files/2024-08/AVNT Second Quarter Earnings Press Release.pdf
Consolidated sales expanded for
the first time in seven quarters with contributions from both our Color, Additives and Inks, and
Specialty Engineered Materials segments.
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
June 30,
Six Months Ended
June 30,
2024 2023 2024 2023
Sales:
Color, Additives and Inks $ 542.0 $ 524.5 $ 1,057.3 $ 1,061.5
Specialty Engineered Materials 308.1 300.8 622.5 610.5
Corporate (0.4) (0.9) (1.1) (1.9)
Sales $ 849.7 $ 824.4 $ 1,678.7 $ 1,670.1
Gross margin:
Color, Additives and Inks $ 184.5 $ 164.1 $ 355.7 $ 326.1
Specialty Engineered Materials 94.7 91.5 201.7 185.4
Corporate (21.6) (14.9) (21.6) (23.2)
Gross margin $ 257.6 $ 240.7 $ 535.8 $ 488.3
Selling and administrative expense:
Color, Additives and Inks $ 98.4 $ 96.1 $ 194.8 $ 192.5
Specialty Engineered Materials 51.9 51.8 105.5 102.6
Corporate 34.8 30.5 69.0 73.8
Selling and administrative expense $ 185.1 $ 178.4 $ 369.3 $ 368.9
Operating income:
Color, Additives and Inks $ 86.1 $ 68.0 $ 160.9 $ 133.6
Specialty Engineered Materials 42.8 39.7 96.2 82.8
Corporate (56.4) (45.4) (90.6) (97.0)
Operating income $ 72.5 $ 62.3 $ 166.5 $ 119.4
Depreciation & amortization:
Color, Additives and Inks $ 21.8 $ 25.7 $ 43.7 $ 51.5
Specialty Engineered Materials 20.8 19.9 40.4 41.1
Corporate 2.3 2.0 5.1 5.5
Depreciation & amortization $ 44.9 $ 47.6 $ 89.2 $ 98.1
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 107.9 $ 93.7 $ 204.6 $ 185.1
Specialty Engineered Materials 63.6 59.6 136.6 123.9
Corporate (54.1) (43.4) (85.5) (91.5)
Other (expense) income, net (0.9) (0.2) (1.8) 0.5
EBITDA from continuing operations $ 116.5 $ 109.7 $ 253.9 $ 218.0
Special items, before tax 28.1 21.7 34.3 49.0
Interest expense included in special items (1.0) — (1.0) —
Depreciation & amortization included in special items (0.3) (0.1) (0.8) (1.9)
Adjusted EBITDA $ 143.3 $ 131.3 $ 286.4 $ 265.1
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/center-of-excellence/avient-asia
At Avient, we are dedicated to helping you grow your product portfolio in Asia, and we offer the localized expertise in materials science and formulation technologies to help you get there.
PolyOne Polymers India Pvt Ltd (Avient Corporation)
5th floor, World Trade Center (WTC) tower 5, Dhole Patil farms road,
Opposite to EON Free zone, MIDC Knowledge park.
PolyOne Polymers India Pvt.
https://www.avient.com/sites/default/files/2024-03/Luxury Closures Application Bulletin_Online.pdf
SPECIALTY PACKAGING SOLUTIONS
ADD WEIGHT AND AESTHETICS
TO YOUR LUXURY PACKAGING
CLOSURE DESIGNS WITH DENSITY
MODIFIED FORMULATIONS
Consumers of luxury cosmetics and spirits tend to perceive added value from packaging that incorporates
weight, aesthetics, and visual surface effects into the design.
Injection-moldable
Gravi-Tech™ density modified formulations can help you achieve the evenly distributed weight, complex
designs, and visual surface effects of metal without the extra costs and steps associated with die cast mold
tooling or secondary assembly operations.
https://www.avient.com/sites/default/files/2022-11/Wilflex Epic Rio Ready-for-Use Standard Colors Interactive Color Card.pdf
HIGHLIGHTS
• 33 most popular industry colors
• Flexible cure profile
(266°F/130°C to 320°F/160°C)
• Excellent opacity
• Wet-on-wet printing
• Matte finish*
• ECO PASSPORT by OEKO-TEX® and ZDHC MRSL
Conformance Level 3 certifications**
* Gloss may increase when cured at temperatures above 266°F (130°C)
** To learn about compliance standards applicable to specifics inks,
please contact your Avient Specialty Inks distributor.
WILFLEX™ EPIC™ RIO RFU STANDARD COLORS
Wilflex™ Epic™ Rio RFU Standard Colors comprise a complete range of
popular industry colors, specifically formulated to be vibrant, bold, and
accurate.
All Wilflex inks are formulated to print on textiles.