https://www.avient.com/news/polyone-expands-pre-certified-biocompatible-healthcare-portfolio
These expanded offerings add medical-grade LDPE, nylon, PEBA, PS and PVC to the globally available palette of specialty healthcare colorants, and are pre-certified to meet or exceed biocompatibility requirements for ISO 10993 and/or USP Class VI protocols.
https://www.avient.com/news/polyone-highlights-new-geon-cellular-vinyl-plastics-extrusion-world-expo
The family of Geon Cellular Vinyl formulations are engineered specifically for interior building and construction applications and include a proprietary technology that alleviates separation and consistency issues found with typical cellular PVC dry blends.
https://www.avient.com/news/avient-introduces-new-water-based-digital-hybrid-printing-solution-accelerated-cure-time
MagnaPrint Hybrid Fusion Vibrant White is an exciting, PVC-free addition to the MagnaColours portfolio, offering a curing time that is half as long as the leading competitor’s water-based ink,” said Jake Ojeda, Global Marketing Director and Americas Sales Director, Color, Additives, and Inks at Avient.
https://www.avient.com/news/polyone-introduces-excelite-im-chemical-foaming-additives-injection-molding
As a complement to PolyOne’s liquid Excelite CFA portfolio for extrusion, new Excelite IM CFAs are engineered for a wide range of injection molded polymers, including olefins, PVC, polystyrene, PC/ABS, and high-heat materials.
https://www.avient.com/knowledge-base/article/considering-house-plastisol-production?rtype[]=1164
Supply chain security: The supply for PVC dispersion resin can be volatile and, when supply gets tight, smaller plastisol producers are often affected the most.
https://www.avient.com/resources/safety-data-sheets?page=5870
Geon(TM) V1837 BROWN PVC
Geon(TM) V1837 GREEN FLUID BED PVC
https://www.avient.com/resources/safety-data-sheets?page=5655
Geon(TM) V1841 DARK GREEN FLUID BED PVC
Geon(TM) V1841 BROWN FLUID BED PVC
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
7
$133
$201
2019PF 2022E
7
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
8
Distribution
DSM Protective
Materials
BOLT-ON ACQUISITION HISTORY
9
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%
100%
0%
60%
80%
100%
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)
10
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-performance-enhancing-processes/polymer-jacket-extrusion
PVC
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/fiber-line-engineered-fiber-products/fiber-reinforced-polymer
Common resins include MDPE, HDPE, PVDF, PVC and Nylon.