https://www.avient.com/sites/default/files/2022-03/Avient 2021 Annual Report.pdf
Clariant Color Acquisition
On July 1, 2020, the Company completed the Clariant Color Acquisition.
Other Acquisitions
On July 1, 2021, the Company completed its acquisition of Magna Colours Ltd.
Other Acquisitions
On July 1, 2021, the Company completed its acquisition of Magna Colours Ltd.
https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
That’s Avient.
21,000+
CUSTOMERS
>75%
ARE CUSTOMIZED SOLUTIONS
TO UNIQUE SPECIFICATIONS
of
sales
5
In July 2020, we completed the acquisition of the Clariant Masterbatch business, the
largest acquisition in the 20-year history of our company.
Operating Income
$3,783
$4,300
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Previous
Guidance
Current
Guidance
$3,783
$4,650
$308
$410
$308
$430
$1.93
$2.80
$1.93
$3.00
(1) (1)(1)
(1)(1) (1)
$442
$457
$580
$1.74
$1.93
$3.00
FULL YEAR 2019 – 2021 ORGANIC GROWTH
22
Sales Adjusted EBITDA
$3,981
$3,783
$4,650
+ 17%
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1)(1)
+ 31% + 72%
($ in millions)
2021E Adjusted EBITDA 580$
Free Cash Flow 280$
Total Debt 1,860
Less: Cash (755)
Net Debt 1,105$
2021E Net Debt / Adjusted EBITDA 1.9x
23
BALANCE SHEET
• Acquisition of Magna Colours completed on
July 1 – expands sustainable solutions
portfolio through water-based inks technology
• Deleveraging to 1.9x net debt to adjusted
EBITDA by the end of 2021
• Driven by record adjusted EBITDA
performance and strong free cash flow
generation from asset light business
• Future cash deployment: M&A, opportunistic
share repurchases and balance sheet /
continued leverage reduction
3.5x
2.7x
1.9x
Net Debt / Adjusted EBITDA
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
SUSTAINABILITY FOR A BETTER TOMORROW
• Revenue from sustainable solutions expected to
grow 14% in 2021 as our innovation efforts and
collaboration with customers continues to accelerate
• Investments centered around innovation and global
sustainability megatrends
o Enabling a circular economy – Technologies that
allow for increased use of post-consumer recycled
(PCR) material and improve recyclability of plastics
o Light-weighting – Composites and CAI applications
to reduce weight and material requirements, which
minimize energy and carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative materials
to replace lead, PVC, halogens, BPA and other less
eco-friendly options
2016 2017 2018 2019 2020PF**
Bio-polymers Reduced Energy Use Human Health & Safety
Sustainable Infrastructure VOC Reduction Recycle Solutions
Eco-Conscious Lightweighting
Revenue From Sustainable Solutions* 2016-2020
$405M
$455M
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Masterbatch business
$340M
$550M
$790M
25
Key Updates
• Includes Clariant Masterbatch performance
• Increases disclosures and ESG data
• Provides performance updates on 2030 Sustainability Goals
• Commits to operational carbon neutrality in 2050 and 100%
renewable energy by 2050 (RE 100)
• Announces Avient’s participation in U.N.
Our free cash flow supports
shareholder value creation through
investing in R&D for organic growth,
completing bolt-on acquisitions, and
returning cash to shareholders via our
dividend program and opportunistic
share repurchases.
30 1.
https://www.avient.com/sites/default/files/2023-08/Avient General Purchase Conditions.pdf
Acceptance
These Terms of Purchase together with the
relevant Purchase Order issued by Avient
constitute the full understanding of the Parties
and is a final, complete and exclusive statement
of the terms and conditions of their agreement
regarding the supply of Goods and/or
performance of Services by Supplier.
In addition,
Supplier warrants that all Certificates of Origin
for the Goods shall be provided to Avient on a
timely basis and shall be accurate and complete.
Supplier shall complete annual
online assessments for CTPAT compliance and to
correct any deficiencies in supply chain security
identified by either an online assessment or on-
site audit.
https://www.avient.com/sites/default/files/2023-11/Responsible Care_14001 Global Cert_Avient.pdf
ECert - 2023-11-22T154408.223.pdf
Page 1 of 10
Validity of this certificate is based on the successful completion of the periodic surveillance audits of the management system defined by the above scope and is contingent upon
prompt,written notification to ABS Quality Evaluations, Inc. of significant changes to the management system or components thereof.
https://www.avient.com/sites/default/files/2021-01/eccoh-cpr-product-bulletin.pdf
Additional Criteria
• Total heat release (MJ/m²)
• pHRR (kW/m²)
• Time of Ignition (s)
• Smoke production
• Acidity
• Flaming droplets
This example demonstrates the
need to consider the complete
cable design, as using XLPE for the
insulation layer would not give the
required Euroclass.
https://www.avient.com/sites/default/files/2023-11/ISO14001 Global Cert_Avient.pdf
ECert - 2023-11-22T151036.517.pdf
Page 1 of 10
Validity of this certificate is based on the successful completion of the periodic surveillance audits of the management system defined by the above scope and is contingent upon
prompt,written notification to ABS Quality Evaluations, Inc. of significant changes to the management system or components thereof.
https://www.avient.com/sites/default/files/2022-06/Maxxam FR Injection Molding Processing Guide.pdf
Drying non-halogenated materials is suggested.
2 hours @ 100 (38)
Moisture Range
(%)
Not required
https://www.avient.com/sites/default/files/2020-08/eccoh-cpr-product-bulletin.pdf
Additional Criteria
• Total heat release (MJ/m²)
• pHRR (kW/m²)
• Time of Ignition (s)
• Smoke production
• Acidity
• Flaming droplets
This example demonstrates the
need to consider the complete
cable design, as using XLPE for the
insulation layer would not give the
required Euroclass.
https://www.avient.com/sites/default/files/2023-04/Fiber Colorants and Additives Brochure.pdf
Our technical laboratories and production processes
are completely integrated and equipped with
state-of-the-art technology focused on minimizing
waste products.
https://www.avient.com/sites/default/files/2022-05/ColorMatrix Amosorb Solo Technical Bulletin.pdf
The coarse ground material was then
crystallized in a vacuum oven at 160°C before
drying the material at 160°C for approx. 4 hours
within a PET drier
• Plaques were then molded on a BOY XS and 10
of these were kept after each cycle, to take color
measurements
• This process was then repeated until 5 heat
cycles had been completed
RESULTS FOR RECYCLABILITY METHOD-1
As plaques were produced while the material went
through five different melt heat histories, plaques
were produced at each cycle and L*, a*, and b*
values were measured.