https://www.avient.com/sites/default/files/2022-02/Additives and Colorants for PP-R Pipe Systems Application Bulletin.pdf
Our
solutions help pipe manufacturers comply with DIN
4102 (B1) or Euroclass B - s1 d0.
COLORANTS
Custom colorants matched to specific color
references can be developed and combined with
additives in a single masterbatch solution for
convenience.
https://www.avient.com/sites/default/files/2020-08/silicone-dispersion-technologies-brochure.pdf
We specialize in color and additive technologies, offering both standard and customized solutions across
all silicone platforms: High Consistency Rubber (HCR), Liquid Silicone Rubber (LSR), Room Temperature
Vulcanization (RTV), as well as many other thermoset carrier systems.
CONFIDENCE IN
COLOR SOLUTIONS
With over 100 years’ experience in color design and pigment
selection, our technical experts understand materials,
applications and processes.
https://www.avient.com/sites/default/files/2023-04/Colorant Chromatics Transcend Healthcare Colorants Product Bulletin.pdf
Solutions can also be customized with functional
additives to meet other end-use product needs,
including performance enhancements such as laser
marking.
KEY CHARACTERISTICS
• Can be formulated for PESU, PPSU, and PSU
• 43 standard colors as well as custom colors
available
• Ultra-high heat resistance
• Based on raw materials pretested per ISO 10993
• Range of brilliant, vibrant colors
• Based on raw materials compliant
with food contact
• Customizable with functional additive solutions
• Based in polysulfone resins for ultra-high
performance; may be formulated for other
resin types
• Low minimum order quantities available
MARKETS AND APPLICATIONS
Transcend colorants are formulated specifically for
the healthcare market, and ideal for applications
such as:
• Dental tools and equipment
• Surgical robots
• Surgical lighting
• Diagnostic equipment
PRODUCT BULLETIN & COLOR CARD
Colors may vary from actual color shown.
https://www.avient.com/sites/default/files/2020-11/gls-tpes-soft-touch-selection-guide.pdf
GLS™ TPES
FOR SOFT TOUCH
PACKAGING SOLUTIONS
PRODUCT SELECTION GUIDE
SOFT TOUCH
IS A PACKAGING
DIFFERENTIATOR
You’ve heard it before: Consumers
view packaging as an extension of the
product and their first perception of
value is often based on the look and
feel of the package.
Thermoplastic
elastomers (TPEs) are an excellent solution.
https://www.avient.com/sites/default/files/2022-12/Mevopur Healthcare Functional Additives Pharma Pkg Application Bulletin.pdf
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
• Non-phthalate and formulated without animal-
derived substances
• Available for use in a wide range of polymers
including polyolefins, styrenics, polycarbonate
and alloys, polyester, POM
• Functionality can be combined with colorants
into convenient combination concentrates or
formulations
REGULATORY SUPPORT
• Pre-tested raw materials:
- 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)
• Food contact established with FDA/EU*
APPLICATION BULLETIN
* FDA/EU compliance information available upon request
FUNCTIONALITY TARGET APPLICATIONS EBM/IBM
CONTAINERS CLOSURES FILM COMBINATION
DEVICES
Clarifying PP Sorbitol-free—possibilities in
packaging ocular solutions
Slip/torque reduction Slip for PE, PP films, processing aid,
torque reduction for closures
Protection from UV in
transparent packaging
for PP, PE, PETG, COP
UV blocking in 290–450nm with
no impact on clarity
Antistatic ready-to-use
solution for PE films e.g.
https://www.avient.com/sites/default/files/2022-05/Liquid Color PVC Pipe Product Industry Overview.pdf
Avient is a premier provider of specialized and sustainable material
solutions and services that transform customer challenges into
opportunities.
Our range of world-class services includes:
COLOR TECHNOLOGY
Custom matching, saturated colors & special effects to fill market niches
and eliminate secondary operations
COLOR AND DESIGN SERVICES
Trend and color insights, and product development assistance to optimize design
and improve speed to market
REGULATORY COORDINATION
Aid with new product approvals to reduce regulatory overhead and
minimize risk
FIELD TECHNICAL SERVICE
Support for tool design, startup and production optimization to gain manufacturing
efficiencies
SUSTAINABILITY
Innovative materials and solutions to help you meet your sustainability goals
EQUIPMENT AND SUPPORT
Installation, training and dosing equipment, all customized to your needs
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
7
$133
$201
2019PF 2022E
7
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORIC SPECIALIZATION THROUGH M&A
8
Distribution
DSM Protective
Materials
BOLT-ON ACQUISITION HISTORY
9
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
100%
0%
60%
80%
100%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
10
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
EBITDA Margins
• Focus on organic growth
combined with transformative
and bolt-on acquisitions
• Divested commodity businesses
tied to more cyclical end markets
• Expanded presence in high
growth areas of sustainable
solutions, specialty healthcare
applications, composites and
more resilient end markets
5.4%
11.5%
16.1%
2006 2018 2022PF
$142
$408
$585
2006 2018 2022PF
2006 figures exclude joint venture results
14
RETURNING CASH TO SHAREHOLDERS
Growing Dividend
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0 1.0
11 12 13 14 15 16 17 18 19 20 21 22
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
0.99
11 12 13 14 15 16 17 18 19 20 21 22 23
~$1Bn
REPURCHASED
OVER LAST 11 YEARS
~$550MM
PAID OVER LAST 11 YEARS
Dividends Share Repurchases
Cumulative Buybacks
$B
n
$
p
e
r
sh
ar
e
2022 PRO FORMA
ADJUSTED EPS
Earnings Growth
Expanding Profitability
$0.15
$1.09
$2.08
$2.67
2009 2012 2015 2018 2022PF
T H IR D Q UART ER 2022
RE S U LTS
$110
$119
$0.61
$0.59
Q3 2022 PERFORMANCE
(TOTAL COMPANY CONT.
Three Months Ended
September 30, 2022
Three Months Ended
September 30, 2021
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net (loss) income from continuing operations attributable to Avient
shareholders $ (27.4) $ (0.30) $ 33.7 $ 0.37
Special items, after tax (Attachment 3) 68.3 0.75 11.7 0.13
Amortization expense, after-tax 13.4 0.14 $ 11.0 $ 0.11
Adjusted net income / EPS $ 54.3 $ 0.59 $ 56.4 $ 0.61
2009* 2012* 2015 2018
Net income from continuing operations attributable to Avient common shareholders $ 106.7 $ 53.3 $ 144.6 $ 161.1
Joint venture equity earnings, after tax (19.0) — — —
Special items, before tax (48.7) 55.1 87.6 59.5
Special items, tax adjustments (27.2) (18.9) (58.7) (25.3)
Amortization expense, after tax 1.8 8.3 10.4 19.5
Adjusted net income from continuing operations attributable to Avient common shareholders $ 13.6 $ 97.8 $ 183.9 $ 214.8
Diluted shares 93.4 89.8 88.7 80.4
Adjusted EPS attributable to Avient common shareholders $ 0.15 $ 1.09 $ 2.08 $ 2.67
* Historical results have been updated to reflect subsequent changes to accounting principle and discontinued operations, excluding any changes as a result of
discontinued operations from the sale of the Designed Structures and Solutions segment (DSS) and the Performance Products and Solutions segment (PP&S).
1
Year Ended
December 31,
Reconciliation to EBITDA and Adjusted EBITDA: 2006 2018
Sales $ 2,622.4 $ 3,533.4
Net income from continuing operations – GAAP $ 133.5 $ 160.8
Income tax expense 29.7 36.4
Interest expense 63.1 62.8
Depreciation and amortization 57.1 91.5
EBITDA $ 283.4 $ 351.5
Special items, before tax (34.0) 59.5
Depreciation and amortization included in special items — (3.0)
JV - equity income (107.0) —
Adjusted EBITDA $ 142.4 $ 408.0
EBITDA as a % of sales 5.4 % 11.5 %
Reconciliation of Color, Additives and Inks EBITDA
Operating Income 68.6 66.8
Depreciation and amortization 24.2 26.6
EBITDA 92.8 $ 93.4
Reconciliation of Specialty Engineered Materials EBITDA
SEM(1)
Pro
forma
APM(1)
Pro
forma
SEM SEM
Pro
forma
APM
Pro
forma
SEM
Operating Income 31.4 6.3 37.7 30.0 13.9 43.9
Depreciation and amortization 12.9 10.9 23.8 7.9 18.4 26.3
EBITDA $ 44.3 $ 17.2 $ 61.5 $ 37.9 $ 32.3 $ 70.2
Reconciliation of Specialty Engineered Pro Forma Sales
Sales 258.2 231.7
Pro forma APM(1) 60.7 94.1
Pro forma sales $ 318.9 $ 325.8
Reconciliation of Avient Pro Forma Sales
Sales 823.3 818.0
Pro forma APM(1) 60.7 94.1
Pro forma sales $ 884.0 $ 912.1
(1) - Q3 2022 SEM results reflect one month of APM’s results while owned by Avient, as the acquisition closed on September 1, 2022.
https://www.avient.com/sites/default/files/2023-09/SEM Services Capabilities Overview Brochure.pdf
gate location,
fill/pack/warp/cool) & material solution
• Evaluates component design viability with
preferred Avient material solution
• Fiber analysis determines fiber orientation
and length
• Predicts part quality and manufacturability
(shrink, warp, weld line location)
FILLING PART QUALITYFIBER ORIENTATION
Finite Element Analysis (FEA)
• Virtually simulates how an application will perform in real-world conditions with a high
level of precision
• Able to represent a variety of problems, test methods, models and outputs to evaluate the design,
process and material combination for validation or optimization
• Dynamic
- Acceleration
- Impact
- Break/no break
- Transmitted force
- Energy absorption
• Thermal Mechanical
- Temperature Computational Fluid Dynamics (CFD)
- Heat path
- Dominant heat transfer
- Temperature mapping
- Coupling with mechanical simulations
FEA Simulation Capabilities
• Static
- Displacement/rotations
- Stress and strains
- Contact pressure
- Reaction forces/moments
- Factors of safety
• Vibration
- Eigen frequencies
- Harmonic response
○ Harmonic
displacement,
acceleration and stress
Software Used
• Autodesk Moldflow
• Digimat
• Simulia/Abaqus
• MSC Cradle
• CAD/CAE
- MSC Apex
- SolidWorks
Failure Mode Effect Analysis (FMEA) Support
By leveraging mold filling simulation,
multiphysics simulation, and the understanding
of the link between design, process and material,
we can help inform your decision-making
process for product development.
Our breadth
of materials, design and technical expertise
allows us to select from a range of solutions
to more accurately predict performance and
confirm that requirements are being met.
https://www.avient.com/sites/default/files/2023-05/SEM Services Capabilities Overview Brochure.pdf
gate location,
fill/pack/warp/cool) & material solution
• Evaluates component design viability with
preferred Avient material solution
• Fiber analysis determines fiber orientation
and length
• Predicts part quality and manufacturability
(shrink, warp, weld line location)
FILLING PART QUALITYFIBER ORIENTATION
Finite Element Analysis (FEA)
• Virtually simulates how an application will perform in real-world conditions with a high
level of precision
• Able to represent a variety of problems, test methods, models and outputs to evaluate the design,
process and material combination for validation or optimization
FEA Simulation Capabilities
• Static
- Displacement/rotations
- Stress and strains
- Contact pressure
- Reaction forces/moments
- Factors of safety
• Vibration
- Eigen frequencies
- Harmonic response
○ Harmonic displacement,
acceleration and stress
Software Used
• Autodesk Moldflow
• Simulia/Abaqus
• MSC Cradle
• CAD/CAE
- MSC Apex
- SolidWorks
• Failure mode effect analysis (FMEA) support
By leveraging mold filling simulation, data software,
and physical simulation capabilities, we can help
inform your decision-making process.
Our breadth of
materials, design and technical expertise allows us
to select from a range of solutions to more accurately
predict performance and confirm that requirements
are being met.
https://www.avient.com/sites/default/files/2023-04/Fiber Colorants and Additives Brochure.pdf
Lower-concentration solutions can be
developed to meet specific customer needs
Avient’s liquid fiber colorant solutions can help achieve the color precision
and color fastness of conventional spin-dyeing concentrates, while giving
the production flexibility of traditional aqueous dyeing.
LIQUID FIBER PRODUCT FEATURES
Fiber Solution Services
LABORATORY PERFORMANCE BASED ON
STATE-OF-THE-ART TECHNOLOGY
To ensure the highest quality products, our
customers rely on high-performance raw materials
which guarantee that the final products meet
the required specifications for heat resistance,
household washing, weathering and lightfastness.