https://www.avient.com/sites/default/files/2023-10/Stat-Tech TPE - Powertool Handle - Case Study Snapshot_0.pdf
TOOL
MANUFACTURER
T O O L H A N D L E S
• Electrical resistivity of 100 MΩ, ESD
• Hardness of 90 Shore A or higher
• Suitable for OM onto PP
• White color
• Provided a solution with permanent
antistatic properties and excellent tear
resistance, enhancing durability
• Met required hardness range, giving handle
excellent grip
• Simplified manufacturing process with
excellent adherence directly onto PP
substrate
Stat-Tech™ Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Financial%2520Review.pdf
Page 93
• Versus 2010, revenue growth of 9% drives 23% increase
in adjusted operating income
• Adjusted EPS expands 29% to all-time high of $1.02
Net Sales Adjusted Operating
$1.02
Adjusted EPS
$2,622 $2,643
$2,739
$2,061
$2,622
$2,864
Net Sales
$88 $87
$72
$59
$147
$181
Adjusted Operating
Income
$0.12
$0.27
$0.21
$0.13
$0.79
$1.02
($ millions) ($ millions)
Page 94
• Each platform contributed to our year over year
operating income growth
• Record OI achieved in Specialty and POD
• Ten quarters of double-digit adjusted EPS expansion
POD PP&SSpecialty Platform
ROS%* 0.6% 1.5% 3.2% 4.3% 5.3% 8.4% 8.0% 2.9% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.7% 5.5% 6.1% 3.1% 5.0% 7.0% 7.2%
$20 $19
$22
$28
$25
$42
$56
I
POD
$76
$64 $66
$31 $33
$54
$62
In
PP&S
$5
$13
$31
$46 $46
$87 $89
I
Specialty Platform
*ROS% is defined as adjusted operating income % of revenue
Page 95
• Continued portfolio repositioning
� Sale of SunBelt equity investment
� Acquisition of specialty companies ColorMatrix and Uniplen
• World-class working capital of 9.6% maintained while
improving on-time delivery to 94%improving on-time delivery to 94%
81%
87%
88%
95%
93% 92%
94%
2005 2006 2007 2008 2009 2010 2011
14.3%
16.2%
14.4%
18.9%
11.7%
9.6% 9.6%
2005 2006 2007 2008 2009 2010 2011
On-Time Delivery Working Capital % of Sales
Page 96
First Quarter 2012 Highlights
• Revenues increased 9%
over Q1 2011 to a new
quarterly record
• Adjusted EPS increased 12%
$0.26
$0.29
Adjusted EPS
• Adjusted EPS increased 12%
over prior year
• All platforms delivered
double-digit operating
income growth
$25.2
$14.7
$29.1
$17.8
$16.7
Specialty PP&S POD
Adjusted Operating Income
$14.3
Page 97
• Total Debt at 3/31/12
Less: Cash
Net Debt
• Available Liquidity
$706
186
$520
$360
$250
$350
$400
$450 Debt Maturities
As of March 31, 2012
Debt Maturities & Liquidity Summary – 3/31/12
• Available Liquidity
Cash
ABL Availability
Total Liquidity
• Net Debt / EBITDA* = 1.9x
$186
156
$342
*Adjusted EBITDA TTM Pro forma for ColorMatrix
$50
$0
$50
$100
$150
$200
$250
2015 2017 2020
Page 98
• Repurchased 6
million shares in
2011
Share Share
RepurchaseRepurchase
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
DividendsDividends
• Expanding our
sales, marketing,
and technical
capabilities is top
Organic Organic
GrowthGrowth
• Targets that expand our:
• Specialty offering
• End market presence
AcquisitionsAcquisitions
Use of Cash
Current Cash Balance = $186M
Net Debt / EBITDA* = 1.9X
• 7.9 million shares
remain available
for repurchase
under the current
authorization
increased in Q1
2012
• Objective of
maintaining and
growing
capabilities is top
priority
• Investing in
operational and
LSS initiatives
• CAPEX
• End market presence
• Geographic footprint
• Synergy opportunities
• Adjacent material solutions
*Adjusted EBITDA TTM Pro forma for ColorMatrix
Page 99
Page 100
https://www.avient.com/sites/default/files/2024-03/Luxury Closures Application Bulletin_Online.pdf
Avoid the use styrenic materials – Low shrinkage
PP grades provide an ABS alternative.
Utilize existing molds – Replace current ABS
solutions with low shrinkage PP grades and utilize
your existing molds
GT5200-
0013
GT7300-
0006
GT7300-
0010
PVD 2.0
GT5200-
0016
PVD 3.0
GT5200-
5025
GT7300-
5020
NATURAL FD
GT5200-
5009
BLACK SO FD
GT5200-
5044
GT5200-
5016 X2
GT7300-
5007 X1
WHITE FD
GT7300-
5003
GT5200-
5003
GRV PP-
030-IO
5068 X2
5009 X5
BLACK SO
5021
NATURAL FD
5003
BLACK FD
BLACK FD
GRV PP-
030-IO
CI GT5200-
5089
NATURAL
C GT5200-
5082 BLACK
Specific
Gravity* 2 2 2 3 1.25 1.6 1.85 2 2 2.2 2.5 2.5 3 1.20 1.90 2.2 2.50 2.50 3.0 1.20 1.20
Electroplating No Yes Possibly Possibly Possibly Yes Yes Yes No Possibly Possibly Yes No Yes Yes Yes Not tested Not tested Not tested Yes Yes
Physical Vapor
Deposition
(PVD)/Vacuum
Metallization
Possibly Possibly Yes Yes Possibly Possibly Possibly Possibly Yes Yes Yes Yes Yes Possibly Possibly Possibly Yes Yes Yes Possibly Possibly
Base
Resin PP ABS ABS PP PP ABS PP PP PP ABS ABS PP PP PP PP ABS ABS PP PP rPP (ocean
bound) rPP (PCR)
Base
Color White Black Grey Black Natural Natural Black Beige Black White Black Black Black Black Black Natural/
Beige Black Black Black Natural Black
FDA
Compliant* Yes Yes Yes Yes No Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes No No
Filled Mineral Mineral Mineral Metallic Mineral Mineral Mineral Mineral Metallic Mineral Metallic Metallic Metallic Mineral Mineral Mineral Metallic Metallic Metallic Mineral Mineral
Region
Produced
North
America
North
North
North
America Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe Europe
Copyright © 2024, Avient Corporation.
https://www.avient.com/resources/safety-data-sheets?page=4273
T340.0 FEP FOAM CONCENTRATE 5% BN-FILLED
T635.2 FEP HIGH FLOW FOAM CONCENTRATE
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=4598
FB607 White Foam Plastisol
FB607 Brown Foam Plastisol
PP FR 8-6 LMS-1000
https://www.avient.com/resources/safety-data-sheets?page=4253
Geon(TM) A61-07C Low Density Foam
Geon(TM) A61-38A 14 Lb Foam
PP FR 8-6 LMS-1000
https://www.avient.com/sites/default/files/2025-01/Firearms Product Selection Guide.pdf
ENGINEERED POLYMER SOLUTIONS - FEATURES & CHARACTERISTICS
Resin Nymax™ Formulations Characteristics Applications
PA6 GF 600 A 14 Natural 14% Glass Reinforced
Stocks, Frames,
Receivers,
Handguards,
Forearms,
Picatinny Rails, Grips
PA6 GF 600 A 33 Natural 33% Glass Reinforced, Heat Stabilized
PA6 NM6000-0026 HI BK 33% Glass Reinforced, Toughened
PA6 GF 600 A 60 UV Black 60% Glass Reinforced, Heat Stabilized
PA6 GF 600 A 33 Black 28 V 33% Glass Reinforced, Heat Stabilized, UV
PA6 1010 A Black 13 Super Toughened, Heat Stabilized
PA6 1010 A Natural Super Toughened, Heat Stabilized
PA6 NM6000-0027 ST Black Super Toughened
PA6 NM6000-00013 HS UV Black 50% GF, High Flow PA6
PA66 NM6600-0018 HI HS 14 Nat 14% Glass Reinforced, Toughened, Heat Stabilized
PA66 GF 1200 A 33 HS Black 22 33% Glass Reinforced, Heat Stabilized
PA66 GF 1200 A 33 HS Natural 33% Glass Reinforced, Heat Stabilized
PA66 NM6600-0019 HI HS 33 Nat 33% Glass Reinforced, Toughened, Heat Stabilized
PA66 NM6600-0020 HI HS 43 Nat 43% Glass Reinforced, Heat Stabilized
PA66 1200 A L Natural Unreinforced
PA66 1200 A ZIP 22 Natural Unreinforced
PA66 NM6600-0021 ST Black Super Toughened
PA66 NM 1200 MT HS Black Toughened, Heat Stabilized
PA66 NM 1200 MT HS Natural Toughened, Heat Stabilized
Specialty Products Color Characteristics Applications
Edgetek™ ET6200-0031 Black Black 20% Glass Reinforced PA12
Stocks, Frames, Receivers, Handguards, Forearms,
Picatinny Rails, Bolt Carriers, Grips
Gravi-Tech™ X GT 33991-05A-01-3 Copper 3sg, PA6, Copper
Gravi-Tech™ X GT-30197-001-P4 Gray 4sg, PA610, Tungston
Gravi-Tech™ GT 6400-0001 GRV 5.0 Black 5sg, PA610, Tungston
Thermoplastic Elastomers Durometer OM Substrate Color Characteristics Applications
OnFlex™ AF 7210 25-90A PP Black/Natural General Purpose with UV Stabilizer
Grips,
Recoil Pads,
Gun Straps
Dynaflex™ G7900 30-90A PP Black/Natural General Purpose
Versaflex™ XP 2850 50A PP Natural Wet Grip Technology
Versaflex™ VDT 4202-40 40A PP Black/Natural Vibration Damping
Versaflex™ VDT 5120-40 40A PA Black/Natural Vibration Damping
Versaflex™ OM6059-9 60A PA Black High Flow
Versaflex™ OM6258 60A PA Black/Natural Enhanced Bond
https://www.avient.com/products/polymer-colorants/colorant-dispersions/stan-tone-et-polyether-dispersions
Stan-Tone™ ET Polyether Colorants are dispersed in a polyether polyol for thermoset polyurethane polyether-based products, including flexible foam, castable rolls and wheels, adhesives and laminates.
https://www.avient.com/products/vinyl-formulations/vinyl-plastisols-organosols/core-plastisol-adhesives
They are chemically foamed to provide outstanding dimensional stability while maintaining filter performance, even under extreme conditions.
https://www.avient.com/knowledge-base/article/understanding-hardness
Most soft gels and soft foam rubbers are measured using the Shore 00 scale.