https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Denmark.pdf
In the event of
Buyer’s breach or failure to perform, Seller shall be
entitled to (but is not required to) recover from
Buyer, in addition to any other damages caused by
such action: (i) in the case of Products produced spe-
cifically for Buyer or which reasonably cannot be
resold by Seller to a third party, the price of such
Products as quoted in Seller’s order confirmation; or
(ii) in the case of Products which can be resold by
Seller, damages equal to fifty percent (50%) of the
price for the Products as quoted in Seller’s order
confirmation, as liquidated damages
9.
Except in
the case of a force majeure, if not satisfied with
Seller’s determination, Buyer as its sole remedy
shall have a right to terminate this contract without
further obligation upon: (i) 10 calendar days’ written
notice; and (ii) payment for all Product received to
date
14.
In case
Buyer is required to disclose the information by vir-
tue of a court order or statutory duty, Buyer shall
immediately inform Seller and reasonably cooperate
with Seller should it seek to obtain a protective or-
der.
https://www.avient.com/news/polyone-announces-strong-third-quarter-2014-results
Cash dividends declared per share of common stock
Stock based compensation expense
Exercise of stock awards
https://www.avient.com/news/polyone-announces-second-quarter-2014-results
Cash dividends declared per share of common stock
Stock based compensation expense
Exercise of stock awards
https://www.avient.com/sites/default/files/AVNT Q1 2023 Earnings Press Release.pdf
Three Months Ended
March 31, 2023
Three Months Ended
March 31, 2022
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to Avient shareholders $ 20.8 $ 0.23 $ 64.4 $ 0.70
Special items, after tax (Attachment 3) 22.3 0.24 6.4 0.07
Amortization expense, after-tax 15.1 0.16 10.8 0.12
Adjusted net income / EPS $ 58.2 $ 0.63 $ 81.6 $ 0.89
8
Attachment 2
Avient Corporation
Condensed Consolidated Statements of Income (Unaudited)
(In millions, except per share data)
Three Months Ended
March 31,
2023 2022
Sales $ 845.7 $ 892.2
Cost of sales 598.1 637.8
Gross margin 247.6 254.4
Selling and administrative expense 190.5 152.2
Operating income 57.1 102.2
Interest expense, net (28.8) (16.9)
Other income (expense), net 0.7 (0.6)
Income from continuing operations before income taxes 29.0 84.7
Income tax expense (7.7) (20.0)
Net income from continuing operations 21.3 64.7
(Loss) income from discontinued operations, net of income taxes (0.9) 19.8
Net income 20.4 84.5
Net income attributable to noncontrolling interests (0.5) (0.3)
Net income attributable to Avient common shareholders $ 19.9 $ 84.2
Earnings (loss) per share attributable to Avient common shareholders - Basic:
Continuing operations $ 0.23 $ 0.70
Discontinued operations (0.01) 0.22
Total $ 0.22 $ 0.92
Earnings (loss) per share attributable to Avient common shareholders - Diluted:
Continuing operations $ 0.23 $ 0.70
Discontinued operations (0.01) 0.21
Total $ 0.22 $ 0.91
Cash dividends declared per share of common stock $ 0.2475 $ 0.2375
Weighted-average shares used to compute earnings per common share:
Basic 91.0 91.5
Diluted 91.8 92.3
9
Attachment 3
Avient Corporation
Summary of Special Items (Unaudited)
(In millions, except per share data)
Special items (1) Three Months Ended
March 31,
2023 2022
Cost of sales:
Restructuring costs, including accelerated depreciation $ (6.6) $ (4.4)
Environmental remediation costs (1.4) (2.0)
Reimbursement of previously incurred environmental costs — 0.6
Impact on cost of sales (8.0) (5.8)
Selling and administrative expense:
Restructuring, legal and other (15.7) 1.9
Acquisition related costs (3.4) (2.9)
Impact on selling and administrative expense (19.1) (1.0)
Impact on operating income (27.1) (6.8)
Other income (loss), net (0.2) 0.1
Impact on income from continuing operations before income taxes (27.3) (6.7)
Income tax expense (benefit) on above special items 6.9 1.8
Tax adjustments(2) (1.9) (1.5)
Impact of special items on net income from continuing operations $ (22.3) $ (6.4)
Diluted earnings per common share impact $ (0.24) $ (0.07)
Weighted average shares used to compute adjusted earnings per share:
Diluted 91.8 92.3
(1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt
extinguishment costs; costs incurred directly in relation to acquisitions or divestitures; employee separation costs resulting from personnel
reduction programs, plant realignment costs, executive separation agreements; asset impairments; settlement gains or losses and mark-to-
market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation
costs, fines, penalties and related insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the
divestiture of operating businesses, gains and losses on facility or property sales or disposals; results of litigation, fines or penalties, where
such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-recurring
items; and the effect of changes in accounting principles or other such laws or provisions affecting reported results
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale in Turkey.pdf
In the event of
Buyer’s breach or failure to perform, Seller shall
be entitled to (but is not required to) recover from
Buyer, in addition to any other damages caused by
such action: (i) in the case of Products produced
specifically for Buyer or which reasonably cannot
be resold by Seller to a third party, the price of
such Products as quoted in Seller’s order
confirmation; or (ii) in the case of Products which
can be resold by Seller, damages equal to fifty
percent (50%) of the price for the Products as
quoted in Seller’s order confirmation, as
liquidated damages.
9.
In case of
discrepancy between the Turkish and English
versions, the Turkish version shall prevail and be
applicable.
23.
In case Buyer is
required to disclose the information by virtue of a
court order or statutory duty, Buyer shall
immediately inform Seller and reasonably
cooperate with Seller should it seek to obtain a
protective order.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for Sweden.pdf
In case of any inconsistencies or discrep-
ancies between the versions, the English version shall take
precedence over the Swedish version.
In the event of Buyer’s breach or failure to
perform, Seller shall be entitled to (but is not required to) re-
cover from Buyer, in addition to any other damages caused by
such action: (i) in the case of Products produced specifically for
Buyer or which reasonably cannot be resold by Seller to a third
party, the price of such Products as quoted in Seller’s order con-
firmation; or (ii) in the case of Products which can be resold by
Seller, damages equal to fifty percent (50%) of the price for the
Products as quoted in Seller’s order confirmation, as liquidated
damages.
9.
Except in
the case of a force majeure, if not satisfied with Seller’s deter-
mination, Buyer as its sole remedy shall have a right to termi-
nate this contract without further obligation upon: (i) 10 calen-
dar days’ written notice; and (ii) payment for all Product re-
ceived to date.
14.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for the Kingdom of Saudi Arabia.pdf
In the event of Buyer’s breach or failure to
perform, Seller shall be entitled to (but is not required to) recover from
Buyer, in addition to any other damages caused by such action: (i) in the
case of Products produced specifically for Buyer or which reasonably
cannot be resold by Seller to a third party, the price of such Products as
quoted in Seller’s order confirmation; or (ii) in the case of Products which
can be resold by Seller, damages equal to fifty percent (50%) of the price
for the Products as quoted in Seller’s order confirmation, as liquidated
damages.
In case Buyer
is required to disclose the information by virtue of a court order or statutory
duty, Buyer shall immediately inform Seller and reasonably cooperate with
Seller should it seek to obtain a protective order.
The English language version of the Terms shall prevail in all
respects in case of any inconsistencies between any translated versions.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Guatemala %28English and Spanish Translation%29.pdf
Except in the case of a force majeure,
if not satisfied with Seller’s determination,
Buyer as its sole remedy shall have a right to
terminate this contract without further obligation
upon: (i) 10 calendar days’ written notice; and
(ii) payment for all Product received to date.
14.
The parties agree and
acknowledge for the avoidance of doubt that in
case of discrepancies between both versions, the
English version shall prevail against the Spanish
version.
23.
In case Buyer is required to
disclose the information by virtue of a court
order or statutory duty, Buyer shall immediately
inform Seller and reasonably cooperate with
Seller should it seek to obtain a protective order.
https://www.avient.com/sites/default/files/2020-10/case-study-nymax-rigid-phone-case.pdf
https://www.avient.com/sites/default/files/resources/Overmolding_of_Thermoplastic_Elastomers_Engineered_solutions_for_consumer_product_differentiation.pdf
Rotary Die v/s Rotary Platen Machines: In some cases, the rotation is built into the machine in the form of a
rotary platen on the second half of the press.
In other cases, the rotation may be built into the tool and there are only two mold halves but
four sets of mold cavities.
If a hardness test is done in this case a lower indenture will
be observed resulting in higher hardness even though the skin may be soft.