https://www.avient.com/sites/default/files/2021-04/avient-q4-earnings-and-2021-outlook-website.pdf
$0.30
$0.52
Q4 2020 ORGANIC PERFORMANCE
3
Sales
$922
$997
+8%
Operating
Income
EPS
$58
$80
+38%
+73%
• Record 4th quarter sales, adjusted
operating income and adjusted EPS
performance
• All segments delivered year-over-year
sales and operating income growth, led
by consumer and healthcare end markets
• Clariant Masterbatch integration synergy
capture ahead of schedule: $5 million
realized in 2020
($ in millions except EPS)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Q4 2020 SEGMENT PERFORMANCE
4
Sales Operating Income
$100 $100 $100
$922
$100 $100 $100
$997
Distribution CAI SEM Total
2019 2020
$178
$272
$490
$191
$305
$526
SEM Distribution CAI
+8%
+7%
+7%
+12%
$5 $5 $5
$58
$5 $5 $5
$80
Avient CAI SEM Total
$17 $19
$40
$18
$30
$58
Distribution SEM CAI
+38%
+45%
+58%
+6%
(3) (3)
(1) (2)
(1) Total company sales include intercompany sales eliminations
(2) Total company reflects adjusted operating income and includes corporate costs
(3) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
2020 HIGHLIGHTS
5
• Completed transformational Clariant Masterbatch acquisition and created new
brand name Avient
• Increased pro forma adjusted EPS 11% from $1.74 to $1.93 as an essential supplier
during the pandemic and due to growth in demand for consumer applications
• Specialty Engineered Materials delivered record operating income on gains from
composites
• Achieved record free cash flow, increased dividend for 10th year in a row and
delevered from 3.5x to 2.7x net debt to pro forma adjusted EBITDA
• Culture is everything: Certified as a Great Place to Work®
$133
$150
10%
23%8%
21%
4%
15%
2006 2020PF
Healthcare
Consumer
Packaging
Avient Portfolio Transformation
22%
59%
CLARIANT MASTERBATCH:
TRANSFORMATIONAL ACQUISITION
Clariant MB EBITDA Growth
Purchase Price Multiple
10.8
9.6
6.5
2019PF 2020PF 2020PF w/ Full
Synergies
• Acquisition of Clariant Masterbatch
significantly expands presence in
healthcare, packaging and consumer end
markets
• Strength of portfolio – 13% EBITDA growth
as an essential supplier in COVID response
and recovery
• Acquisition completed on July 1, 2020 for
$1.4 billion.
We will deliver for our stakeholders through multiple value creation levers—many of
which are unique to Avient:
o Demand for sustainable solutions, healthcare, and composites, together with Clariant
Masterbatch revenue synergies, that will drive 2021 revenue growth of 8% and long-term growth
in excess of GDP
o Clariant Masterbatch cost synergy capture will result in significant near-term benefit
In addition, we remain committed to increasing annual dividends in line with earnings growth and
opportunistically buying back shares, all while remaining modestly levered.
Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”).
https://www.avient.com/news/archives?page=31
Future-Proof’ Pharma Packaging: Avient Launches New Regulatory-Compliant MEVOPUR™ Amber Masterbatches
Avient Launches New Renol™ and Remafin™ Masterbatches Developed to Create Natural-Looking TPE Wine Corks
CLEVELAND – June 10, 2021 – Avient today announced the launch of a new special-effect masterbatch package that enables production of natural-looki
https://www.avient.com/knowledge-base/case-study/advancing-development-treated-bed-nets-malaria-control?rtype[]=1124
Avient and IVCC created a new medium scale masterbatch production laboratory in China to support research and development into non-registered novel active ingredients for incorporation into long lasting treated nets.
Avient has extensive global ability in the formulation development and manufacturing of groundbreaking material solutions to support malaria control, including a technologically advanced anti-mosquito masterbatch for use in long lasting treated nets.
The novel insecticides in development are formulated tightly into the masterbatch, allowing best bio-efficiency performance with a permanent but slow release to the surface—just enough to kill any mosquito by contact.
https://www.avient.com/knowledge-base/case-study/advancing-development-treated-bed-nets-malaria-control?ind[]=6598
Avient and IVCC created a new medium scale masterbatch production laboratory in China to support research and development into non-registered novel active ingredients for incorporation into long lasting treated nets.
Avient has extensive global ability in the formulation development and manufacturing of groundbreaking material solutions to support malaria control, including a technologically advanced anti-mosquito masterbatch for use in long lasting treated nets.
The novel insecticides in development are formulated tightly into the masterbatch, allowing best bio-efficiency performance with a permanent but slow release to the surface—just enough to kill any mosquito by contact.
https://www.avient.com/products/polymer-colorants/colorant-dispersions/colorants-high-consistency-silicone-rubber
Silicone masterbatch dispersions use a silicone elastomer gum binder to create masterbatches.
These products are available in cuttable masterbatches or slabs for certain thermoset applications.
https://www.avient.com/investor-center/news/polyone-host-investor-conference-call
Executive Vice President and CFO, will provide insights and commentary on the company's growth expectations for the first quarter, strong financial position, as well as the status of the previously announced Clariant Masterbatch acquisition.
the time required to consummate the acquisition of Clariant's color and additive masterbatch business; the satisfaction or waiver of conditions in the purchase agreements; any material adverse changes in Clariant's color and additive masterbatch business; the ability to obtain required regulatory or other third-party approvals and consents and otherwise consummate the proposed acquisition of Clariant's color and additive masterbatch business; our ability to achieve the strategic and other objectives relating to the proposed acquisition of Clariant's color and additive masterbatch business, including any expected synergies; our ability to successfully integrate Clariant's color and additive masterbatch business and achieve the expected results of the acquisition of Clariant's color and additive masterbatch business, including, without limitation, the acquisition being accretive; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to raise or sustain prices for products or services; an ability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to acquisitions and integration, working capital reductions, costs reductions and employee productivity goals; information systems failures and cyberattacks; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
https://www.avient.com/knowledge-base/article/taking-guesswork-out-laser-marking
Sourcing the additive as a masterbatch, often bundled with colorant, makes it easier to add to your production process.
With that in mind, here are a few caveats to remember during your search for laser marking masterbatches:
When possible, select an additive or masterbatch that’s been developed for your specific industry – this can help you save time and improve quality
https://www.avient.com/resources/safety-data-sheets?page=3621
BLACK 1
68836 GN PE MASTERBATCH
154613 OR PE MASTERBATCH
https://www.avient.com/resources/safety-data-sheets?page=6692
153613 GN LLDPE MASTERBATCH
BLACK FRPP
BLACK PAINT TRAY
https://www.avient.com/resources/safety-data-sheets?page=3327
104661 OR SL LLDPE MASTERBATCH
BLACK STREAK
3302-OR-50 ORANGE PE MASTERBATCH