https://www.avient.com/sites/default/files/2023-01/Mevopur Healthcare Functional Additives for Bormed Resins Application Bulletin.pdf
Mevopur™ Healthcare Colorants and Formulations
and Mevopur™ Healthcare Functional Additives
for Bormed™ Resins
Mevopur™ Healthcare Colorants and Formulations
and Mevopur™ Healthcare Functional Additives
help medical device, diagnostics and
pharmaceutical packaging sectors meet the
growing challenges of product consistency,
compliance and reliability.
MEVOPUR COLORANTS
• Standard colors in PP and PE to shorten
time-to-market
• Custom colors matched to Pantone, RAL or
other color reference
• White colorants for pharmaceutical packaging
for LDPE, HDPE and PP with opacity to reach
USP chapter
MEVOPUR FUNCTIONAL ADDITIVES
• Antistatic formulation with good flow/impact
for injection molding
• Amide- and amine-free antistatic for film
in contact with API (Active Pharmaceutical
Ingredients)
• UV blocking for transparent PP and PE
packaging to meet USP chapter
• Non-migrating friction reduction/processing
aid for PE and PP
• Laser marking/welding additive for fast,
reliable marking/assembly
• MVTR (Moisture Vapor Transmission Rate)
reduction for HDPE to improve shelf-life
• Thermal protection of the polymer during
processing
• Gamma/e-beam sterilization protection for
PP (up to 50kGy) with color compensation
for reduced yellowing
REGULATORY SUPPORT
• Raw materials tested to:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact established with FDA/EU*
APPLICATION BULLETIN
* FDA/EU compliance information available upon request
Bormed™ is a registered trademark of Borealis
Healthcare use limitations apply—see below.
https://www.avient.com/sites/default/files/2023-10/31307-Certificate-20SEP2023.pdf
Wischodnia 6
Kutno 99-300
Poland
Activity: Design and Manufacture of Color and Additive Concentrates and
Activity: Design and Manufacture of Color and Additive Concentrates and
Facility: Avient Corporation - Berea, OH
680 N.
Rocky River Drive
Berea, OH 44017
Facility: Avient Corporation - Assesse, Belgium (CAI & SEM)
2 Rue Melville Wilson
Assesse 5330
Belgium
Activity: Liquid Colorants and Additives for Plastics Activity: "Design of color concentrates, precolors, and compounds for
fluoropolymer and high temperature polymers, LSFOH (low
smoke and fume, zero halogen compounds), and Specialty
Compounds
Manufacture of Color and Additive Concentrates and Specialty
Compounds"
Page 6 of 7
Facility: Avient Corporation - Aland (Odkarby), Finland
Kroklundsvagen 346
Ödkarby AX-22320
Finland
Facility: Avient Corporation - Bethel, CT
19 Francis J Clark Circle
Bethel, CT 06801
Activity: Manufacture of colorants and compounds for fluoropolymer and
high temperature polymers
Activity: Design and Manufacture of colorants and compounds for
fluoropolymer and high temperature polymers.
Ezcabarte calle H Nº3
Oricain, Navarra 31194
Facility: Avient Corporation - Tossiat, France
43 Place de la gare
Tossiat 01250
France
Activity: Design and Manufacture of Color and Additive Concentrates and
Activity: Design and Manufacture of Color and Additive Concentrates and
Page 7 of 7
Facility: Avient Corporation - Knowsley, United Kingdom
Unity Grove
Knowsley, Merseyside L349GT
United Kingdom
Facility: Avient Corporation - Alicante (Ibi - IQAP), Spain
Guadalajara 6, Poligono Industrial L'Alfalç
Ibi, Alicante 03440
Activity: Design and Manufacture of Liquid Colorants and Additives for
Plastics, Assembly and Supply of Material Dosing Equipment
Activity: Design, development and production of color concentrates and
additives for plastic and synthetic fibers
Facility: Avient Corporation - Vic (Barcelona), Spain
Carretera de Vic a Olot,C-153, km 5
Masies de Roda, Barcelona 08500
Activity: Design, development and production of color concentrates and
additives for plastic and synthetic fibers
Facility: Avient Corporation - Melle, Germany
Oldendorfer Straße 9
Thuringia 49342
Germany
Facility: Avient Corporation - Gaggenau, Germany
Adolf-Dambach-Str. 2
Gaggenau, Thuringia 76571
Germany
Activity: Development and Manufacture of LSFOH (low smoke and fume,
zero halogen) compounds
Activity: Design and Manufacture of Specialty Engineered Thermoplastics
https://www.avient.com/sites/default/files/2025-02/31307-Certificate-17JUL2024.pdf
Purchasing, Customer Service, Logistics, Quality, Design and Sampling;
Corporate HQ, Management of QMS
33587, Walker Road, Building
428 Avon Lake - OH 44012
United States
Avon Lake, OH
(SEM)
Manufacture of Engineered Thermoplastics , 554 Moore Road Avon Lake -
OH 44012 United States
Aland (Odkarby),
Finland
Manufacture of colorants and compounds for fluoropolymer and high temperature polymers Kroklundsvagen 346 AX-22320
Ödkarby Finland
Alicante (Ibi -
IQAP), Spain
Design, development and production of color concentrates and additives for plastic and synthetic
fibers
Guadalajara 6, Poligono
Industrial L'Alfalç 03440 Ibi
Assesse,
Belgium (CAI &
SEM)
"Design of color concentrates, precolors, and compounds for fluoropolymer and high temperature
polymers, LSFOH (low smoke and fume, zero halogen compounds), and Specialty Compounds
Manufacture of Color and Additive Concentrates and Specialty Compounds"
2 Rue Melville Wilson 5330
Assesse Belgium
Barbastro
Design and Manufacture of Specialty Engineered Thermoplastics Pol.
Wischodnia 6 99-300 Kutno
Poland
LaPorte, IN
Develop and manufacture silicone colorants, additives, and compounds , 707 Boyd Blvd LaPorte - IN
46350 United States
Lehigh Valley,
PA
Manufacture of Colorants for Plastics , 2513 Highland Avenue
Bethlehem - PA 18017 United
Massillon, OH
Manufacture of Color and Performance Additives , 1675 Navarre Road Massillon
- OH 44646 United States
Design, Manufacture and Distribution of Thermoplastic Elastomer Compounds , 833 Ridgeview Drive McHenry
Design, Manufacture and Distribution of Thermoplastic Elastomer Compounds , 831 Ridgeview Drive McHenry
Design, Manufacture and Distribution of Thermoplastic Elastomer Compounds , 921 Ridgeview Drive McHenry
Melle, Germany
Development and Manufacture of LSFOH (low smoke and fume, zero halogen) compounds Oldendorfer Straße 9 49342
Germany
Page 3 of 4
S
E
s
Mountain Top,
PA
Manufacturing, Shipping and Receiving , 855 Oak Hill Road Mountain
Top - PA 18707 United States
Oricain
(Pamplona),
Design and Manufacture of Color and Additive Concentrates and Specialty Compounds Pol.
The design and manufacture of Color & Additive Concentrates, Specialty Engineering Materials Plot No.
https://www.avient.com/sites/default/files/2021-07/colormatrix-lcx-for-ebm-product-bulletin.pdf
PRODUCT BULLETIN
ColorMatrix™ Liquid Dispersion
for Extrusion Blow Molding
Avient’s ColorMatrix™ LCX liquid color products are
the latest advancement in technology to deliver
stable pigment dispersions for the extrusion blow
molding (EBM) process.
ColorMatrix
LCX dispersions are designed to minimize and
eliminate screw slip, streaking and specking, all
while generating cost-to-color savings through
processing efficiencies that include:
• Handling efficiency – bulk distribution,
individual feed stations
• Inventory reduction – less inventory
and required floor space
• Process efficiency – improved color
change times
KEY CHARACTERISTICS
• Highly concentrated pigment dispersions
specifically for EBM processing
• Provides dimensional stability by utilizing more
resin instead of fillers
• Reduces costs through handling
and processing efficiencies
• Customization available for design
and product handling
• Can be formulated in combination with
a wide selection of additive technologies
to meet performance needs
MARKETS AND APPLICATIONS
ColorMatrix LCX Liquid Dispersions for EBM
processing are well suited for the following:
• Monolayer applications
• LDR less than 3%
• Large volume whites and blacks
• Tints
1.844.4AVIENT
www.avient.com
Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2020-10/auto-injector-application-study.pdf
Requirements:
Skin contact colorant certified
for ISO 10993 biocompatibility
OnColor™ HC Plus, MEVOPUR®
5.
Requirements:
Dark mark for rapid labeling
OnCap™ Fast Mark™ Laser
Marking Additives, MEVOPUR®
6.
Requirements:
USP Class VI skin contact
colorant for drug differentiation
OnColor™ HC, MEVOPUR® 4
Button
5
Batch or SKU
identifier
Safety and
trigger cap
6
CONCENTRATION 1
CONCENTRATION 2
CONCENTRATION 3
Patient Handling
Age or certain disease states can
severely limit patient dexterity making
the self-administration of
medication difficult and frustrating.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Investor Presentation_website w Non-GAAP.pdf
&
Canada
64%
Specialty
Engineered
Materials
Color
Additives
and Inks
41%
23%
19%
10% 5% 4%
Building &
Energy Telecom
Geography
Segment
Industry
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Q1 2023
(TOTAL COMPANY)
$846 $829
$134
$143
17.3%
(in millions)
$0.63
$0.76
(in millions)
+ 7% + 21%
Sales Adjusted EBITDA Adjusted EPS
9
- 2%
15.8%
+150 bps
Q1 2024 SEGMENT PERFORMANCE
(COLOR, ADDITIVES & INKS)
$537
$515
$91
$97
18.8%
(in millions) (in millions)
+ 7%
10
- 4%
17.0%
+180 bps
• Year over year demand
continues to improve for the
segment but slowly due to
continued weakness in Europe
• Raw material deflation & cost
reduction actions primary drivers
of adjusted EBITDA growth and
margin expansion of +180 bps vs
Q1 2023
Q1 2024 SEGMENT PERFORMANCE
(SPECIALTY ENGINEERED MATERIALS)
$310
$314
$64
$73
23.2%
(in millions) (in millions)
+ 14%
11
+ 1%
20.8%
+240 bps
• Sales growth in defense end
market offset by weaker
demand in telecommunications
end market
• Raw material deflation and
favorable mix impact from
defense sales primary drivers
of adjusted EBITDA growth and
margin expansion of +240 bps
vs Q1 2023
Q1 EBITDA BRIDGE
(TOTAL COMPANY)
12
$ millions
CAI:
Price / Mix (1)
Deflation 16
SEM:
Price / Mix 4
Deflation 7
Net Price Benefit 26
Wage/Other Inflation (9)
FX (2)
Q1 2024 $143
Adjusted
EBITDA
Q1 2023 $ 134
Demand (6)
• Positive net price benefit:
o Favorable raw material
deflation in both segments
• Wage and other inflation more than
offset cost reductions/synergies
2024 G U IDA N CE
FY 2024 GUIDANCE
Original Revised
Adjusted EBITDA $505 to $535 million $510 to $535 million
Adjusted EPS $2.40 to $2.65 $2.50 to $2.65
Interest Expense $105 to $110 million $105 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures ~$140 million ~$140 million
14
Q2 2024: Adjusted EPS of $0.71
CE O “TO P O F M IN D ”
FO CU S ARE A S
AREAS OF FOCUS
16
+7%
Drive Profitable Organic
Top-Line Growth with
Margin Expansion
Amplify Innovation Build Leadership & Talent
Pipeline
AP P EN D IX
19
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
21
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 B ILL ION
34%
37%
21%
END MARKET REGION
22
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 B ILL ION
52%
35%
23
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
24
BY END MARKET
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
A reconciliation of these measures to their most directly comparable GAAP measures is provided in the tables below.
2024 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 49.4 $ 0.54 $ 20.8 $ 0.23
Special items, after-tax 5.5 0.06 22.3 0.24
Amortization expense, after-tax 14.9 0.16 15.1 0.16
Adjusted net income / EPS $ 69.8 $ 0.76 $ 58.2 $ 0.63
Three Months Ended
Reconciliation to EBITDA and Adjusted EBITDA 2024 2023
Net income from continuing operations – GAAP $ 49.7 $ 21.3
Income tax expense 16.8 7.7
Interest expense, net 26.6 28.8
Depreciation and amortization 44.3 50.5
EBITDA from continuing operations 137.4 108.3
Special items, before tax 6.2 27.3
Depreciation and amortization included in special items (0.5) (1.8)
Adjusted EBITDA $ 143.1 $ 133.8
Adjusted EBITDA as a percent of sales 17.3 % 15.8 %
1
2024 2023
Sales:
Color, Additives and Inks $ 515.3 $ 537.0
Specialty Engineered Materials 314.4 309.7
Corporate (0.7) (1.0)
Sales $ 829.0 $ 845.7
Operating income:
Color, Additives and Inks $ 74.8 $ 65.6
Specialty Engineered Materials 53.4 43.1
Corporate (34.2) (51.6)
Operating income $ 94.0 $ 57.1
Depreciation & amortization:
Color, Additives and Inks $ 21.9 $ 25.8
Specialty Engineered Materials 19.6 21.2
Corporate 2.8 3.5
Depreciation & amortization $ 44.3 $ 50.5
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 96.7 $ 91.4
Specialty Engineered Materials 73.0 64.3
Corporate (31.4) (48.1)
Other (expense) income, net (0.9) 0.7
EBITDA from continuing operations 137.4 108.3
Special items, before tax 6.2 27.3
Depreciation and amortization included in special items (0.5) (1.8)
Adjusted EBITDA $ 143.1 $ 133.8
Adjusted EBITDA as a percent of sales:
Color, Additives and Inks 18.8 % 17.0 %
Specialty Engineered Materials 23.2 % 20.8 %
December 31, 2023
Reconciliation to Condensed Consolidated Statements of Income $ EPS
Net income from continuing operations attributable to Avient shareholders $ 75.8 $ 0.83
Special items, after-tax 79.3 0.86
Amortization expense, after-tax 61.5 0.67
Adjusted net income / EPS $ 216.6 $ 2.36
Free Cash Flow Calculation December 31, 2023
Cash provided by operating activities $ 201.6
Taxes paid on gain on sale of business 104.1
Adjusted cash provided by operating activities 305.7
Capital expenditures (119.4)
Free cash flow $ 186.3
Year Ended
December 31, 2023
Sales:
Color, Additives and Inks $ 2,007.4
Specialty Engineered Materials 1,138.2
Corporate (2.8)
Sales $ 3,142.8
Operating income:
Color, Additives and Inks $ 259.9
Specialty Engineered Materials 142.5
Corporate (205.6)
Operating income $ 196.8
Depreciation & amortization:
Color, Additives and Inks $ 98.3
Specialty Engineered Materials 81.5
Corporate 9.0
Depreciation & amortization $ 188.8
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 358.2
Specialty Engineered Materials 224.0
Corporate (196.6)
Other income, net 5.8
EBITDA from continuing operations 391.4
Special items, before tax 114.6
Interest expense included in special items (2.3)
Depreciation and amortization included in special items (1.9)
Adjusted EBITDA $ 501.8
Adjusted EBITDA as a percent of sales 16.0 %
3
Year Ended
December 31,
Reconciliation to EBITDA and Adjusted EBITDA: 2006 2014
Sales $ 2,622.4 $ 3,835.5
Net income from continuing operations – GAAP $ 133.5 $ 77.2
Income tax expense 29.7 11.2
Interest expense, net 63.1 62.2
Depreciation and amortization 57.1 123.9
EBITDA from continuing operations 283.4 274.5
Special items, before tax (34.0) 164.9
Depreciation and amortization included in special items — (23.1)
Joint venture equity income (107.0) —
Adjusted EBITDA $ 142.4 $ 416.3
Adjusted EBITDA as a percent of sales 5.4 % 10.9 %
Year Ended
December 31,
Reconciliation of Adjusted EPS: 2006 2014
Net income from continuing operations attributable to Avient common shareholders $ 130.9 $ 78.0
Joint venture equity earnings, after-tax (68.5) —
Special items, after-tax (21.2) 101.0
Special items, tax adjustments (30.0) (10.5)
Amortization expense, after-tax 1.4 12.4
Adjusted net income from continuing operations attributable to Avient common
shareholders $ 12.6 $ 180.9
Diluted shares 92.8 93.5
Adjusted EPS attributable to Avient common shareholders $ 0.14 $ 1.93
AVNT Q1 2024 Investor Presentation_w Non-GAAP.pdf
IR Deck - AVNT-2024.03.31 5.09 4PM.pdf
Attachment
https://www.avient.com/sites/default/files/2023-01/Trilliant HC GF Polyketone _PK_ Product Bulletin.pdf
These advanced, customizable formulations
are ISO 10993 compliant, compatible with gamma,
autoclave, or EtO sterilization, and come in pre-
colored or natural grades.
STANDARD COLORS FOR BIOPHARMACEUTICAL APPLICATIONS
GLASS FILL COLOR PRODUCT NAME
Bright White
HC8910-0004 RS
20% HC8910-0017 RS
33% HC8910-0018 RS
Cool Gray 1C
HC8910-0005 RS
20% HC8910-0006 RS
Cool Gray 3C
HC8910-0007 RS
20% HC8910-0008 RS
Warm Gray 1 C
HC8910-0009 RS
20% HC8910-0010 RS
TPX 12-0703 Tan
HC8910-0011 RS
20% HC8910-0012 RS
542C Blue
HC8910-0013 RS
20% HC8910-0014 RS
301C Blue
HC8910-0015 RS
20% HC8910-0016 RS
Colors may vary from actual color shown
https://www.avient.com/sites/default/files/2021-01/avient-switzerland-gmbh-published-commercial-register.pdf
Mitteilungen an die Gesellschafter erfolgen schriftlich oder mittels elektronischer
Datenübermittlung an die vom Gesellschafter angegebene Zustelladresse.
14.03.2005
04.02.2016
14.06.2016
25.11.2020
Ei Lö Besondere Tatbestände Ref Publikationsorgan
Abspaltung: Die Gesellschaft übernimmt von der "Clariant lnternational
AG" (CHE-106.515.013), in Muttenz, einen Teil des Vermögens.
Abspaltung: Die Gesellschaft überträgt die "Geschäftseinheit Additive" gemäss
Spaltungsvertrag vom 08.04.2020 mit Aktiven von CHF 1 16'032'305.00 und
Passiven (Fremdkapital) von CHF 16'032'305.00 auf die "Clariant lnternational
AG' (CHE-106.515.013), in Muttenz.
Abspaltung: Die Gesellschaft überträgt die "Geschäftseinheit Pigmente" gemäss
Spaltungsvertrag vom 08.04.2020 mit Aktiven von CHF 242'133'047.00 und
Passiven (Fremdkapital) von CHF 142'133'047.00 auf die "Colorants lnternational
AG" (CHE-402.794.086), in Muttenz.
https://www.avient.com/sites/default/files/2025-05/AVNT May Investor Presentation_w_non-GAAP_0.pdf
Digital for growth and operational excellence
6.
Offsetting any inflationary headwinds with our time-tested rigor
in raw material sourcing, substitution and pricing actions
6.
All Rights Reserved
2025 18
Color, Additives & Inks – Q1 2025 performance
Sales
515
520
Q1 2024 Q1 2025
EXCL.
https://www.avient.com/sites/default/files/2024-06/Cesa Flame Retardant Product Selection Guide %281%29.pdf
CESA FLAME RETARDANT ADDITIVES – STANDARD OFFERINGS
Cesa Flame Retardant Additives can be used in combination with other colorants or additives, and formulations can be customized for most
applications.
POLYMER PRODUCT NAME PROPERTY PERFORMANCE TYPE DOSAGE/
LDR
MATERIAL
CODE
ABS FRABS92991 UL 94 Halogen 35% CC10292991WE
ABS FRABS52399 UL 94 Halogen 5–14% CC10252399WE
HDPE Cesa Flam MB 5101AH UL 94 Halogen 7–16% PEAN698479
Nylon Cesa Flam MB 5728H UL 94 Halogen 8–14% ABA0698450
Nylon Cesa Flam MB 5731NH UL 94 Non-halogen 8–20% ABAN698410
PC Cesa Flam NCA0820018NH UL 94 Non-halogen 2–4% NCA0820018
PC NCAN-Z0N-FN FLMRET 698419 UL 94 Non-halogen 3–8% NCAN698419
PE FRPE94802 ASTM E84 Non-halogen 100% CC103094802F
PE FRPE41011 UL 94 Halogen 20–30% CC1034101160
PET Cesa Flam MB 5525NH UL 1441, UL 94 Non-halogen 6–8% NEAN698534
PET FRPET65462 UL 94 Non-halogen 5–12% CC103265462F
PET/ PBT Cesa Flam MB 5532NH NFPA 701 Non-halogen 4–6% NBAN698451
PP Cesa Flam MB 5201H UL 94 Halogen 6–30% PPAN698410
PP Cesa Flam MB CT-1629NH Cal TB 133, UL 94 Film, NFPA 701 Non-halogen 6–8% PPAN698428
PP FRPP365370 UL 94 Non-halogen 10–20% CC103653702F
PP Copolymer FRPP37654 UL 94 5VA Halogen 100% CC10337654WE
PP Copolymer FRPP53484 UL 94 Halogen 10% CC1035348460
PS FRPS62722 ASTM E84 Halogen 2–4% CC10262722WE
PS/HIPS Cesa Flam SLA0820014H UL 94 Halogen 4–8% SLA0820014H
TPU Cesa Flam 98461NH UL 94 Non-halogen 6–14% RUA0698461
F-SERIES FLAME RETARDANT ADDITIVES
HDPE/PE F-Series UL 94 Non-halogen 10–25% PEA0820024
PE F-Series UL 2335, FM 4998 Non-halogen 10–25% PEA0820069