https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Guatemala %28English and Spanish Translation%29.pdf
Seller’s processing of
any order is expressly conditioned on Buyer’s
assent to and acceptance of these Terms,
including all terms that are different from or in
addition to any purported terms and conditions
of the order.
Any additional, different or other
terms and/or conditions contained in any
purchase order, document, website or other
communication by or from Buyer are hereby
objected to and rejected by Seller.
No modification or addition to the contract shall
occur by the acknowledgment or acceptance by
Seller of a purchase order, acknowledgment,
release or other form submitted by Buyer
containing additional or different terms or
conditions.
20.
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_final2.pdf
Additional Responsibilities of Avient Supervisors
and Managers
• Serve as a role model and set the tone for appropriate behavior at Avient
When traveling to another country, check with the IT
Security team or Avient’s Legal department to see if you
need to take additional precautions.
In addition, no
political or campaign donation may be solicited from any Avient
associate in such a way that the associate feels compelled,
obliged or expected to contribute.
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Italy.pdf
Seller’s
processing of any order is expressly conditioned on Buyer’s
assent to and acceptance of these Terms, including all terms
that are different from or in addition to any purported terms
and conditions of the order.
Any additional, different or other
terms and/or conditions contained in any purchase order,
document, website or other communication by or from Buyer
are hereby objected to and rejected by Seller.
No modification or addition to the contract
shall occur by the acknowledgment or acceptance by Seller
of a purchase order, acknowledgment, release or other form
submitted by Buyer containing additional or different terms
or conditions.
https://www.avient.com/company/sustainability/sustainability-report/reporting/sasb
Avient does currently use a small about of fluoropolymers and PFAS containing additives as raw materials which represent less than 3% of our global product portfolio.
https://www.avient.com/knowledge-base/article/advanced-composites-explained
In addition to lighter weight, FRP composites enable longer lasting parts that are stronger than traditional metals, and offer fatigue and corrosion resistance.
https://www.avient.com/knowledge-base/article/beginner-s-guide-tpe
Not surprisingly, the healthcare market has additional regulatory requirements for those creating medical products and devices.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$585M$3,635M
23
C O L O R , A D D I T I V E S & I N K S
2022 REVENUE | $2 .3 B ILL ION
US & Canada
Latin America
END MARKET REGION
24
33%
Building &
1% Energy
Figures represent 2022 full year estimates
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
END MARKET
US & Canada
50%
REGION
25 Figures represent 2022 full year estimates
19%
8%Industrial
16%
Building &
31%
28%
13%
Building &
3%
2% Defense
(20% of sales)
2022 PROFORMA AVIENT REGIONAL SALES
BY END MARKET
29%
13%
17%
Building &
(35% of sales)
14%
Building &
12%
US &
Canada
(40% of sales)
49%
Building &
LATAM
(5% of sales)
3%Telecommunications
Figures represent 2022 full year estimates
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.
In addition, operating
income before the effect of special items is a component of Avient’s annual and long-term employee incentive plans and is used
in debt covenant computations.
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/resources/TPE_Overmolding_Solutions_for_Engineering_Thermoplastics.pdf
In addition, they also have limitations when it comes to
combining material of different chemistries.
In addition the
diffusion and viscoelastic properties of the elastomer has an influence on the
adhesion properties.
In addition selection of the overmold TPE depends on
the end-use application and environment.
https://www.avient.com/sites/default/files/2020-12/firecon-cpe-product-bulletin.pdf
The materials are compounded with fillers, flame-
retardants, additives and stabilizers to provide a
customized desired level of performance.
https://www.avient.com/sites/default/files/2022-08/Humotech Robotic Prosthetic Case Study.pdf
In addition to adjusting
to a new way of life, amputees are often challenged with
identifying and acquiring an appropriate prosthetic
device.