https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
Q 3 2021 P E RFO R MA N CE
U P DAT E
$74
$99
$0.46
$0.70
Q3 2021 PERFORMANCE
10
Sales Adjusted Operating Income
$925
$1,220
+ 32%
+ 34% + 52%
Q3 2021 SEGMENT PERFORMANCE
11
CAI
$494
$587
($ in millions)
SEM Distribution
$51
$67
+19%
+31%
$277
$439
$18
$24
+58%
+33%
$174
$234
$25
$32
+34%
+28%
SPECIALTY EBITDA MARGIN EXPANSION
12
CAI
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Color acquisition
15.3% 15.2%
16.2%
17.6%
2018 2019 2020 YTD 2021
14.8% 15.2%
17.6%
18.4%
2018 2019 2020 YTD 2021
SEM
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Color synergy realization
• Investments in composites and outdoor
high performance applications drive
growth and mix improvements
CAI EBITDA MARGIN EXPANSION
Legacy CAI
18.9% 18.9%
19.8%
2019 2020 YTD 2021
Legacy
Clariant
Color
11.9%
13.8%
15.7%
2019 2020 YTD 2021
• Synergy capture driving margin
improvement
• Favorable mix with growth in
healthcare, consumer and packaging
end-markets
• World-class vitality index of 35%
represents sales from products
introduced in the last five years.
https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
Q 2 2021 P E RFO R MA N CE
U P DAT E
$69
$122
$0.42
$0.87
Q2 2021 – ORGANIC PERFORMANCE
10
Sales Adjusted Operating Income
$870
$1,235
+ 42%
+ 77% + 107%
(1) (1) (1)
Q2 2021 SEGMENT PERFORMANCE
11
CAI
$488
$624
($ in millions)
SEM Distribution
$54
$86
+28%
+59%
$239
$404
$15
$24
+69%
+60%
$159
$241
$17
$37
+52%
+118%
SPECIALTY EBITDA MARGIN EXPANSION
12
CAI
(1) 2018-2020 financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
15.3% 15.2%
16.2%
18.5%
2018 2019 2020 YTD 2021
14.8% 15.2%
17.6%
19.1%
2018 2019 2020 YTD 2021
SEM
• Continued portfolio transformation to
high-growth end markets and
sustainable solutions
• Clariant Masterbatch synergy realization
• Investments in composites and outdoor
high performance applications drive
growth and mix improvements
CAI EBITDA MARGIN EXPANSION
13
Legacy CAI
18.9% 18.9%
20.3%
2019 2020 YTD 2021
Legacy
11.9%
13.8%
16.8%
2019 2020 YTD 2021
• Synergy capture translating to the
bottom line
• Positive mix with growth in healthcare,
consumer and packaging end-markets
• World-class vitality index of 35%
represents sales from products
introduced in the last five years.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for France.pdf
The parties agree
that Seller need not further object to any specific terms and conditions set by Buyer; such failure to object to Buyer’s
specific terms and conditions is not an acceptance of any such terms and conditions.
Buyer shall have no right of set-off.
Department of the Treasury’s Office of
Foreign Assets Control, Regulation (EU) 2021/821 of the European Parliament and of the Council of 20 May 2021 setting
up a Union regime for the control of exports, brokering, technical assistance, transit and transfer of dual-use items (recast),
and all trade sanctions enacted by the EU (“Trade Control Laws”).
https://www.avient.com/sites/default/files/Avient Climate Change Scenario Analysis Summary 2022.pdf
Avient Climate-related Scenario Analysis Summary
SCOPE & TIME HORIZON
AVIENT SCENARIO NET ZERO FUTURE PLEDGING PROGRESS STEADFAST POLICY
CONVENTION 1.3-1.5°C 1.9-2.3°C 2.4-2.8°C
TRANSITION RISK Net Zero Emissions Scenario Announced Pledges Scenario Stated Policies Scenario
(IEA WEO 2021
1
scenarios) (NZE) | 1.4°C (APS) | 2.1°C (STEPS) | 2.6°C
Emissions peak at 2050 and slowly decline through 2100 Emissions continue to rise beyond 2100 at slower rates Emissions continue to rise beyond 2100 at current rates
BUSINESS
IMPLICATIONS
Increased transition risk:
Business impacted by climate policies, carbon prices, market
pressures and technological advancements
Increased physical risk:
Business impacted by direct damages and indirect discruption
assocated with severe changes in climate driven weather events
· Highly regulated policy environment · Moderate policy regulation · Few changes to current policy settings
· Ambitious; net zero commitments achieved at most all
levels
· Government commitments and National Determined
Contributions are achieved
· Not all stated commitments are achieved
· Improved air pollution in advanced and emerging market
& developing economies
· Rising air pollution levels especially in emerging market
and developing economies
· Doubling of the frequency of extreme heat events by 2050
and 120% increase in intensity & rising air pollution levels
especially in emerging market and developing economies
· Expectation of signifcant capital allocation for innovative
product design, energy efficiency investments, and clean
electrification of operations
· Additional levels of R&D investment will be required to
contribute to and attain announced commitments
ADAPTATION & STRATEGIC CONSIDERATIONS
ADAPTATION & STRATEGIC CONSIDERATIONS
· Avient's Environmental and Product Stewardship Polices set a foundation for greater operational and external policy expectations aligned with energy efficiency standards,
renewable energy procurement, supplier engagement (i.e., Media & Stakeholder Analyses {MSA} climate criteria)
· The current and future focus is on continued Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) assessments, reclassifications and communication on
the safe use and handling of these substances.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022.pdf
Because residents are required by law to separate their recyclables,
compostables and landfill trash, there are clear processes and support services to
help residents and renters set up and maintain their recycling services.
For example, this
directive has set a target for plastic bottles.
https://www.avient.com/sites/default/files/2020-09/sem-stain-resistant-technical-bulletin.pdf
INSTRUMENT SET-UP
Instrument Taber Linear Abraser – Model 5750
Accessory Crockmeter attachment with 16mm acrylic finger
Abradant Levi’s™ 505 Regular Cut jeans (circular cloths cut from lower part of leg)
Stroke Length 4" (100mm)
Cycle Speed 60 cycles per minute (cpm)
Load 9N (918g)
Conditions 76° F, 47% RH [conditioned > 24 hrs]
TPU
100
100
Versaflex™ CE 3320-70 Silicone
Want to test it yourself?
https://www.avient.com/sites/default/files/2021-09/zodiac-aquarius-product-bulletin-and-color-card.pdf
Zodiac™ Aquarius™
Waterbased Inks for Textile Printing
Zodiac™ Aquarius™ Waterbased Pigments Color Chart
This highly concentrated universal pigment set can be used with any Zodiac Aquarius™ base ink.
https://www.avient.com/sites/default/files/2023-03/Cesa Nox A4R Product Bulletin_0.pdf
Many brand owners are also setting their own
sustainability targets by pledging to increase PCR
content by a significant percentage within relatively
short time scales.
https://www.avient.com/sites/default/files/2020-08/colormatrix-optica-toner-dispersions-tech-bulletin-a4.pdf
Consideration should be given to the desirability
of using a filter mesh in the preparation set-up
bearing in mind the stated particle size of the
dispersion and the likelihood of particulate
agglomeration if preparation guidelines are not
observed.
https://www.avient.com/sites/default/files/2021-04/onflex-s-garden-hose-hand-grip-case-study.pdf
The use of 2K
(two-component) molding—in which the base resin is injected
and allowed to set up for a short time, and then is overmolded
by injecting the TPE—streamlines the manufacturing process.