https://www.avient.com/sites/default/files/2023-01/Versaflex-Lip gloss tip brush-Application snapshot.pdf
COSMETIC
PACKAGING OEM
L I P G L O S S T I P B R U S H
• Good chemical resistance
• Shore 40A hardness at a 60-degree angle
• Natural/transparent color
• Can be flocked
• Delivered a formulation with good chemical
resistance to oil in long-term environments
• Provided an easy-to-mold TPE and replaced
TPU/TPEE with a better soft touch feel
• Offered good adhesion with an epoxy resin
glue with no impact on the flocking process
Versaflex™ Thermoplastic Elastomers
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
CHEMICAL RESISTANCE + EASY PROCESSING
LEARN MORE
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-dynaflex-medical-face-mask.pdf
EUROPEAN MEDICAL
DEVICE MANUFACTURER
F A C E M A S K V E N T I L A T I O N
V A L V E
• ISO 9001 and USP VI compliant
• Compatible with overmolding onto PP
• Translucent and highly colorable
• Soft touch
• Provided valuable regulatory support and
documentation, enabling faster internal trials and
material qualification for this customer
• Worked together with customer to select the best
material from a broad portfolio of medical TPE
grades
• Trusted as a polymer supplier for multiple
healthcare applications
Dynaflex™ G2711 Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
BIOCOMPATIBILITY + SOFT TOUCH
LEARN MORE
© 2020, All Right Reserved
Avient Corporation, 33587 Walker Road, Avon Lake, Ohio USA 44012
https://www.avient.com/products/thermoplastic-elastomers/dynaflex-thermoplastic-elastomers
European medical device manufacturer
https://www.avient.com/sites/default/files/2022-10/Dynaflex TPE - Aqueous Battery Gasket - Application Snapshot.pdf
ENERGY
STORAGE OEM
A Q U E O U S B A T T E R Y G A S K E T
• Sealing performance from -40 to 110°F
• Ability to flow in a long, thin seal design
• Chemical resistance to a proprietary electrolyte solution
• Natural color
• Provided a chemically resistant TPE that
outperformed competitive TPE and thermoplastic
rubber in rigorous customer testing
• Offered material expertise and education to
empower an informed material decision
• Enabled OEM to model and evaluate sealing
performance via design support and data files
• Met global production needs through material
consistency and local technical support
Dynaflex™ Thermoplastic Elastomer
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
SEALING + CHEMICAL RESISTANCE
LEARN MORE
Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2024-11/Cesa_ Fiber Additives-fabric mask-case study snapshot.pdf
FABRIC MASK
MANUFACTURER
P P N O N W O V E N M U L T I L A Y E R S
• Meet regulatory requirements for the application
• Provide technical support including specific color,
processing and molding recommendations
• Deliver a highly hydrophilic performance
• Developed a compliant additives solution to
meet necessary regulatory specifications
• Provided technical expertise throughout the
design and manufacturing process
• Offered an effective solution to make it soft
touch while hydrophilic
Cesa Fiber Additives
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
COMPLIANCE + EFFECTIVENESS
LEARN MORE
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2024-12/Versaflex TPE Fitness band-case study snapshot_1202.pdf
GLOBAL FITNESS
BRAND
R E S I S T A N C E B A N D
• Soft material (25-30 Shore A durometer)
• Grippy feel
• Good colorability
• Compatible with injection molding
• Developed a custom-made TPE with
excellent rebound resilience, even after
45,000 stretches
• Replaced thermoset rubber with a
recyclable material
• Supported higher production efficiency to
reduce total cost
Versaflex Thermoplastic Elastomers
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
PROCESSABILITY + PERFORMANCE
LEARN MORE
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2024-08/OnForce LFT - Street Light Arm - Case Study Snapshot.pdf
LIGHTING
MANUFACTURER
S T R E E T L I G H T A R M
• Limit corrosion
• Replace metal insert, maintaining strength
• Black color
• UV resistance, as used for an outdoor application
• Electrical isolation
• Utilized simulation services from Avient Design to
optimize the product’s design for performance
and processability
• Achieved required ageing test with the support
from R&D and ADTS
• Replaced the need to use a metal insert, reducing
part weight, cost and simplifying the production
process
OnForce Long Glass Fiber Reinforced
Polypropylene Composites
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
STRENGTH + UV RESISTANCE
LEARN MORE
© 2024 Avient Corporation, All Rights Reserved
https://www.avient.com/products/long-fiber-technology/long-fiber-technologies/onforce-long-glass-fiber-reinforced-polypropylene-composites
Lighting manufacturer
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Press Release%5B43%5D.pdf
Patterson, Chairman, President, and Chief Executive Officer,
Avient Corporation.
To access Avient’s news library online, please visit www.avient.com/news.
Three Months Ended
June 30,
Six Months Ended
June 30,
2023 2022 2023 2022
Sales:
Color, Additives and Inks $ 524.5 $ 649.1 $ 1,061.5 $ 1,298.6
Specialty Engineered Materials 300.8 242.3 610.5 485.4
Corporate (0.9) (0.4) (1.9) (0.8)
Sales $ 824.4 $ 891.0 $ 1,670.1 $ 1,783.2
Gross margin:
Color, Additives and Inks $ 164.1 $ 193.4 $ 326.1 $ 385.5
Specialty Engineered Materials 91.5 66.0 185.4 134.4
Corporate (14.9) 1.5 (23.2) (4.6)
Gross margin $ 240.7 $ 260.9 $ 488.3 $ 515.3
Selling and administrative expense:
Color, Additives and Inks $ 96.1 $ 99.8 $ 192.5 $ 197.4
Specialty Engineered Materials 51.8 30.8 102.6 60.9
Corporate 30.5 30.2 73.8 54.7
Selling and administrative expense $ 178.4 $ 160.8 $ 368.9 $ 313.0
Operating income:
Color, Additives and Inks $ 68.0 $ 93.6 $ 133.6 $ 188.1
Specialty Engineered Materials 39.7 35.2 82.8 73.5
Corporate (45.4) (28.7) (97.0) (59.3)
Operating income $ 62.3 $ 100.1 $ 119.4 $ 202.3
Depreciation & amortization:
Color, Additives and Inks $ 25.7 $ 25.8 $ 51.5 $ 51.9
Specialty Engineered Materials 19.9 7.6 41.1 15.5
Corporate 2.0 3.1 5.5 6.9
Depreciation & Amortization $ 47.6 $ 36.5 $ 98.1 $ 74.3
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 93.7 $ 119.4 $ 185.1 $ 240.0
Specialty Engineered Materials 59.6 42.8 123.9 89.0
Corporate (43.4) (25.6) (91.5) (52.4)
Other income (expense), net (0.2) 1.6 0.5 1.0
EBITDA including special items $ 109.7 $ 138.2 $ 218.0 $ 277.6
Total Company special items in EBITDA 21.6 (0.2) 47.1 4.4
Total Company, EBITDA adjusted $ 131.3 $ 138.0 $ 265.1 $ 282.0
13
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current profitability
levels and how it may serve as a basis for future performance.
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Press Release.pdf
Patterson, Chairman, President, and Chief Executive Officer, Avient Corporation.
Beggs, Senior Vice President and Chief
Financial Officer, Avient Corporation.
To access Avient’s news library online, please visit www.avient.com/news.
https://www.avient.com/industries/transportation/automotive/automotive-electronics
Color Cosmetics
https://www.avient.com/industries/industrial/agriculture-construction
Color Cosmetics