https://www.avient.com/sites/default/files/2022-02/AVNT Q4 2021 Earnings Presentation_0.pdf
Avient acquired the Clariant Color business on July 1, 2020 (the “Acquisition Date”).
To provide comparable financial results, the Company references “pro forma” financial metrics, which include the business results of Clariant Color
for periods prior to the Acquisition Date.
Avient acquired Clariant Color on July 1, 2020 (the “Acquisition Date”).
https://www.avient.com/sites/default/files/2023-01/AVNT Dec 2022 Earnings Presentation.pdf
WHAT WE DO: MATERIAL SCIENCE
4
CUSTOM
FORMULATION
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2021
$310
205
140
80
75
45
40
20
$915M2021 Sales
*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 Color business
Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
5
Key Updates
• Provided progress on 2030 Sustainability Goals
• Emphasized commitment to U.N.
Purchase price multiple rapidly declining on strength of
business and synergy capture
12
$133
$201
2019PF 2022E
12
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
13
Distribution
DSM Protective
BOLT-ON ACQUISITION HISTORY
14
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%
0%
60%
80%
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)
15
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
END MARKET FOCUS ON LESS CYCLICAL
INDUSTRIES
16
14.8%
17.6%
21.0%
2018 2020 2022 PF
1.8%
2006
15.3%
16.2%
17.0%
2018PF 2020PF 2022E
CAI
2.7%
2006
SEM
SPECIALTY EBITDA MARGIN EXPANSION
17
• Portfolio transformation
accelerates growth in less
cyclical, higher margin end
markets
• Investments in our
composites platform
continue to drive margin
expansion
(1) (1)
(1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition
PORTFOLIO EVOLUTION OVER THE YEARS
18
Adj.
https://www.avient.com/sites/default/files/2021-06/avient-ir-presentation-may-2021-w-non-gaap-recs.pdf
Avient acquired the Clariant Masterbatch business (CMB) on July 1, 2020 (the “Acquisition Date”).
It’s in this spirit that we joined legacy PolyOne and the Clariant Masterbatch business,
two complementary businesses, and formed a new one that we’ve named Avient.
We are better together through:
Keeping Safety First — PolyOne and Clariant are both ACC Responsible Care® companies,
and nothing is more important than the health, safety and well-being of our people.
https://www.avient.com/sites/default/files/2025-03/Cesa Raise Product Bulletin.pdf
Cesa™ Raise Heat Stability Modifier for APET Packaging
Cesa™ Raise is a heat stability modifier specifically
designed for amorphous polyethylene terephthalate
(APET) thermoformed packaging.
Cesa Raise modified APET
containers are also an alternative to crystallized PET
(CPET) as they offer transparency and an increased
productivity in the thermoforming process.
https://www.avient.com/products/polymer-additives/surface-modifier-additives/oncap-anti-fogging-additives
Cesa™ Clean Additives
Scratch & Mar Resistant Additives: Cesa™
UV and Light Blocking Additives
https://www.avient.com/sites/default/files/2023-03/Cesa Nox A4R Product Bulletin_0.pdf
PRODUCT BULLETIN
Cesa™ Nox A4R Additives for Recycling
Polyolefin Antioxidant for Enhanced Recycling
RECYCLED MATERIAL IN
A CHANGING MARKET
Legislation globally is driving change towards
increased quantities of post-consumer recycled
materials (PCR), further encouraged by the
implementation of usage targets and new tariffs.
DESIGN FOR RECYCLING
Cesa™ Nox A4R is designed for recycling.
Cesa Nox A4R is formulated to help:
• Brand owners who need to maximize their PCR
usage up to 100% to achieve sustainability and
recyclability targets
• Recyclers involved with flake or pellets dealing
with multiple processing defects
• Convertors of bottles, film, and sheet who need
to maintain high-quality levels of PCR
Performance enhancement antioxidants such as
Cesa Nox A4R are valuable for many stakeholders
within the circular economy, and indeed anyone
seeking to achieve high-quality levels in their
recyclate while operating with ever-increasing
quantities of PCR.
https://www.avient.com/news/new-technology-avient-helps-trace-origin-fibers-polyester-and-polyamide-textiles
The new Cesa tracer concentrates contain special taggants that are incorporated into fibers during the spin-dyeing process and are customized to be unique for each customer and product line.
The new Cesa tracer concentrates are currently available for polyester and polyamide (nylon) fibers, including recycled grades.
Cesa fiber tracer concentrates comply with the fiber industry’s key regulatory requirements by EN, DIN, and UNI.
https://www.avient.com/news/new-non-fluorine-stain-resistant-concentrates-polyester-textiles-avient
POMMERLOCH, Luxembourg – February 4, 2025 – Today, Avient Corporation, an innovator of materials solutions, announced the launch of new stain-resistant additive concentrates as the latest addition to its Cesa™ Fiber Additives portfolio.
The new Cesa stain-resistant solutions are innovative, additive concentrates that are formulated without fluorine-based raw materials and can prevent soils from setting in polyester fibers, enabling easy stain removal with common cleaners like wipes, sprays, or steamers.
To learn more about Cesa stain-resistant concentrates, read our product overview here.
https://www.avient.com/knowledge-base/article/top-5-ways-uv-light-blocking-additives-improve-pet-beverage-packaging?rtype[]=1164
Discover the benefits UV light blockers offer for PET beverage packaging
Effective UV light blocking additive technology optimizes PET container performance to provide greater protection for UV-sensitive beverages.
With UV protection, formulators have more flexibility to use UV sensitive ingredients and not rely on the formulation alone to be UV-stable.
https://www.avient.com/knowledge-base/article/top-5-ways-uv-light-blocking-additives-improve-pet-beverage-packaging?ind[]=6599
Discover the benefits UV light blockers offer for PET beverage packaging
Effective UV light blocking additive technology optimizes PET container performance to provide greater protection for UV-sensitive beverages.
With UV protection, formulators have more flexibility to use UV sensitive ingredients and not rely on the formulation alone to be UV-stable.