https://www.avient.com/knowledge-base/article/polymer-services-frequency-asked-questions
This process – rooted in advanced design and detailed analysis of the various polymer matrices available, not just those manufactured by the supplier – fosters innovation and expands opportunities for customers to gain market share.
Prototyping combinations of injection molded discontinuous fiber reinforced thermoplastics with CFRTP inserts
Ultrasonic welding for inserts
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.pdf
Examples include:
• Unique technologies that improve the
recyclability of products and enable recycled
content to be incorporated, thus advancing a
more circular economy
• Light-weighting solutions that replace heavier
traditional materials like metal, glass and wood,
which can improve fuel efficiency in all modes of
transportation and reduce carbon footprint
• Sustainable infrastructure solutions that increase
energy efficiency, renewable energy, natural
resource conservation and fiber optic / 5G
network accessibility
Avient is a certified ACC Responsible Care® and a
founding member of the Alliance to End Plastic Waste.
GUIDANCE
DEBT / LEVERAGE REDUCTION
• Completed sale of Distribution
and paid down $750M of debt
in November
• Strong free cash flow in fourth
quarter reduced leverage and
enabled paydown of additional
$200M of debt
• Fixed/Floating Debt Ratio 63/37
• Proven track record of
deleveraging following
acquisitions through consistent
free cash flow generation
$725 $725 $725
$575 $500 $400
$600
$525
$425
$650
$650
$650
$600
$2.40B
$2.20B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
After Distribution
Divestiture
Year-End
8
Year-End
Leverage 3.8x 3.1x 2.9x
2023 Notes
After Avient
Protective Materials
Acquisition
$3.15B
2022 TRANSFORMATIONAL PORTFOLIO
ENHANCEMENTS
9
EBITDA margins expanded
from 12% to 16%
Diversified end markets
with reduced exposure to
more cyclical industries
Dyneema®
Acquisition
$1.48B acquisition
strengthens composites
platform
Significantly improved
EBITDA margins $950M divestiture results
in 100% specialty sales
Strong exit multiple of 10x
TTM EBITDA despite
market volatility
Distribution
Divestiture
Improved
Portfolio
GROWING COMPOSITES PLATFORM
CONTRIBUTIONS TO SEM SEGMENT
10
Note: 2022 is pro forma for Avient Protective Materials
2016 Sales 2022 Sales
Advanced
Composites
51%
$560M $1,300M
Advanced
Composites
COMPOSITES PORTFOLIO
D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D T A P E S T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
11
ADVANCED COMPOSITES PERFORMANCE
12 (1) Pro forma for the acquisition of Avient Protective Materials
$51
$84
$212
$668
$4
$10
$41
$169
(1) (1)
PORTFOLIO EVOLUTION AND EPS EXPANSION
13
Adj.
https://www.avient.com/knowledge-base/case-study/lighten-structural-performance-gets-upgrade
Each cradle brace is a two-foot long, rectangular bar with a “U” shape machined into each end for a metallic insert.
https://www.avient.com/news/demanding-applications-new-polyone-tpe-nylon-grips-improves-oil-and-abrasion-resistance
Using two-shot or insert molding, the material bonds tightly without adhesives to most standard nylons, as well as heat-stabilized, lubricated, glass-filled and impact-modified versions.
https://www.avient.com/knowledge-base/case-study/pain-therapy-device-stands-out-peers
Cost savings: Molding the bumpers separately and inserting them into the housing keeps costs down yet provides the seamless appearance of overmolding.
https://www.avient.com/knowledge-base/case-study/lighten-structural-performance-gets-upgrade?rtype[]=1124
Each cradle brace is a two-foot long, rectangular bar with a “U” shape machined into each end for a metallic insert.
https://www.avient.com/knowledge-base/case-study/pain-therapy-device-stands-out-peers?ind[]=6598
Cost savings: Molding the bumpers separately and inserting them into the housing keeps costs down yet provides the seamless appearance of overmolding.
https://www.avient.com/knowledge-base/article/comparing-sustainable-tpes-traditional-alternatives
For general uses such as packaging or recreational products like dive masks and shoe inserts, LSR, prime TPEs, and sustainable content TPEs can be good options.
https://www.avient.com/resource-center?document_type=221&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=3
Advanced Composites Explained
Hammerhead Marine Composite Panels - Video
Made from continuous glass-fiber reinforced thermoplastic face sheets and polyester foam cores, Hammerhead Marine Composite Panels are engineered to provide simplified installation, long-lasting components, and overall cost reduction for boat manufacturers.
https://www.avient.com/resource-center?document_subtype=0&document_type=221&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=0&product_name=0&page=3
Advanced Composites Explained
Hammerhead Marine Composite Panels - Video
Made from continuous glass-fiber reinforced thermoplastic face sheets and polyester foam cores, Hammerhead Marine Composite Panels are engineered to provide simplified installation, long-lasting components, and overall cost reduction for boat manufacturers.