https://www.avient.com/news/avient-presenting-cutting-edge-sustainability-supporting-additives-flexible-packaging-coninflex-2024-brazil
On Wednesday, June 26, Edson Alexandre M.
https://www.avient.com/news/polyone-acquires-gordon-composites-and-polystrand
They are great additions to our growing specialty portfolio, which remains unmatched in the industry,” said Robert M.
https://www.avient.com/news/polyone-helps-polycase-win-“ammo-year”-polymer-based-ammunition
PolyOne’s ongoing collaboration with PolyCase leverages our technical support capabilities and formulation expertise to supplement their unique and proprietary design,” said Robert M.
https://www.avient.com/sites/default/files/2021-03/packaging-solution-for-film-and-sheet-cn.pdf
Packaging Solutions for Film-CN3.18-1
包装解决方案
薄膜和片材
选型指南
开口剂
防静电剂 迁移型抗静电
无卤阻燃系统,透明,UL94 VTM-0阻燃剂
抗紫外 抗紫外(UV380nm,长期户外使用)
抗紫外(UV400nm,屏幕保护)
消光剂 消光母粒
高速助剂 提高树脂熔融状态导电率
吸氧剂 减少包装内部氧气
白色母粒 蓝色口白
标准白
黑色母粒 标准黑体系
窗膜黑体系
BOPET 标准产品组合
BOPET专用(可用在太阳能背板膜、包装膜、工业膜)
收缩膜(PETG)
开口剂
标准开口剂
印刷级
高透和高滑开口剂
防静电剂
增韧剂 增韧剂在低温情况下改善片材的脆裂显现
A/B/A 薄膜和片材(透明)
A/B/A 薄膜和片材(雾面)
扩链剂 增加树脂粘度(食品级)
白色母粒 标准白
消光剂 消光剂,改善PET表面的高光
APET 片材产品组合
爽滑母粒
开口母粒
加工母粒 主要用于PE/PP吹膜/流延(液体)
主要用于多层PE/PP膜及复合薄膜
高透明薄膜,纯开口剂
聚烯烃薄膜,同时含有开口剂和防滑剂
防氧母粒 保护薄膜加工时不降解
增加配方中回料的成分
光稳定母粒 保护内容物
低析出,特别适用于较薄的PE产品,如薄膜、纺丝等
抗雾母粒 冷热雾效果明显,适用于比较薄的薄膜
适用于多层PE/PP膜材及复合薄膜
防静电剂
PO 片材产品组合
主要性能:
•
如需了解更多详情,请访问 avient.com
或致电 +86 21 28981188
www.avient.com
版权所有©2020 埃万特公司。
产品适用于BOPET、APET、PE、PP和PA
等不同树脂
可提供不同的加工方式,如吹膜、流延、
双向拉伸、片材挤出等
产品主要用于食品、饮料、消费品及工业
软性材料
添加量取决于具体的要求和应用
根据客户的颜色要求量身定制
品牌:
• CESA™
• ColorMatrix™
• HIFORMER™
• OnCap™
• RENOL™
https://www.avient.com/investor-center/news/polyone-expands-specialty-color-and-additives-expertise-acquisition-iqap-masterbatch
Robert M.
https://www.avient.com/products/advanced-composites/composite-ballistic-protection/thermoballistic-thermoplastic-panels
1350 ft/sec
411 m/sec
https://www.avient.com/news/hai-prevention-has-ally-new-polyone-tpes-feature-enhanced-resistance-antiseptics
– To help medical device manufacturers develop ways to address healthcare-associated infections (HAIs), PolyOne is launching two new medical-grade GLS™ TPE products here at MD&M West (Booth #848).
https://www.avient.com/investor-center/news/polyone-appoints-mark-crist-president-color-additives-inks-scott-horn-president-distribution
Robert M.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Operating Income
$3,783
$4,300
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Previous
Guidance
Current
Guidance
$3,783
$4,650
$308
$410
$308
$430
$1.93
$2.80
$1.93
$3.00
(1) (1)(1)
(1)(1) (1)
$442
$457
$580
$1.74
$1.93
$3.00
FULL YEAR 2019 – 2021 ORGANIC GROWTH
16
Sales Adjusted EBITDA
$3,981
$3,783
$4,650
+ 17%
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1)(1)
+ 31% + 72%
($ in millions)
2021E Adjusted EBITDA 580$
Free Cash Flow 280$
Total Debt 1,860
Less: Cash (755)
Net Debt 1,105$
2021E Net Debt / Adjusted EBITDA 1.9x
17
BALANCE SHEET
• Acquisition of Magna Colours completed on
July 1 – expands sustainable solutions
portfolio through water-based inks technology
• Deleveraging to 1.9x net debt to adjusted
EBITDA by the end of 2021
• Driven by record adjusted EBITDA
performance and strong free cash flow
generation from asset light business
• Future cash deployment: M&A, opportunistic
share repurchases and balance sheet /
continued leverage reduction
3.5x
2.7x
1.9x
Net Debt / Adjusted EBITDA
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
SUSTAINABILITY FOR A BETTER TOMORROW
• Revenue from sustainable solutions expected to
grow 14% in 2021 as our innovation efforts and
collaboration with customers continues to accelerate
• Investments centered around innovation and global
sustainability megatrends
o Enabling a circular economy – Technologies that
allow for increased use of post-consumer recycled
(PCR) material and improve recyclability of plastics
o Light-weighting – Composites and CAI applications
to reduce weight and material requirements, which
minimize energy and carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative materials
to replace lead, PVC, halogens, BPA and other less
eco-friendly options
2016 2017 2018 2019 2020PF**
Bio-polymers Reduced Energy Use Human Health & Safety
Sustainable Infrastructure VOC Reduction Recycle Solutions
Eco-Conscious Lightweighting
Revenue From Sustainable Solutions* 2016-2020
$405M
$455M
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Masterbatch business
$340M
$550M
$790M
19
Key Updates
• Includes Clariant Masterbatch performance
• Increases disclosures and ESG data
• Provides performance updates on 2030 Sustainability Goals
• Commits to operational carbon neutrality in 2050 and 100%
renewable energy by 2050 (RE 100)
• Announces Avient’s participation in U.N.
Develop and implement solutions to end plastic
waste while supporting AEPW $1.5B
investment in key initiatives.
2030 SUSTAINABILITY TARGETS
20
2021 AVIENT INVESTOR DAY
21
• Investor Day to be held December 9, 2021 in New York, NY
• Company will provide updates on its key growth drivers
with a deep focus on sustainable solutions
Revenue Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites / 5G 10%
Growth in Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
• Senior leadership team to also present on Clariant MB
integration, M&A opportunities and capital allocation
priorities
PEER COMPARISONS
22
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.
With the Clariant Masterbatch
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
25
Avient reflects 2021 estimated EBITDA of $580M
OUR VALUATION VERSUS PEERS
Avient Specialty
Other
9.5
18.5
15.1 15.1
14.0
11.0 10.4
29.5
28.2
23.9
18.7
12.4 12.2
11.1
9.3 9.2 9.2
7.6 7.6
6.0
en
t
Median: 11.1xMedian: 14.6x
SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/sites/default/files/2022-03/AVNT Mar 2022 Presentation.pdf
Microsoft PowerPoint - AVNT Mar 2022 Presentation
AVIENT CORPORATION
I N V E S T O R M E E T I N G S
(NYSE: AVNT)
M A R C H 2 0 2 2
DISCLAIMER
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
HIGH FREE CASH FLOW
CONVERSION
Avient reflects 2021 estimated EBITDA of $635M and estimated CAPEX of $90M (excludes IT system upgrade of $25M and synergy capture CAPEX of $20M)
Source: Peer data per Bloomberg market data as of February 15, 2022
86 89
85
80
76 76
89
85
79 78 76 76 76
70 69
63
8
LB
Source: Peer data per Bloomberg market data as of February 15, 2022
Total Enterprise Value / 2022E EBITDAWith the Clariant Color business
acquisition and divestment of the
PP&S business, our exposure is
now concentrated in less-cyclical
and high-growth markets.
APPENDIX
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
3%Polyethylene
Nylon
6%
Polypropylene
Other Raw
Materials
30%
Styrenic Block
Copolymer
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
35
• Significant raw material price inflation
and tight inventory continued in Q4 2021
o For the full year, the average cost of
hydrocarbon based materials was up
50% in 2021
o For the full year, the average cost of non-
hydrocarbon based materials was up
12% in 2021
• Additionally, we continued to experience
other supply chain challenges during Q4
related to raw material spot purchases,
freight constraints and productivity loss
as a result of these shortages
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Distribution business
SEGMENT DATA
U.S. & Canada
50%
Latin America
9%
2021 SEGMENT, END MARKET AND GEOGRAPHY
37
GEOGRAPHY REVENUESEGMENT FINANCIALS
23%
19%
Building and
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs
$2,402M
$409M
$919M
$164M
$1,631M
$94M
Sales EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$581M$4,819M
15%
34%
21%
Building &
9%
1% Telecommunications
C O L O R , A D D I T I V E S & I N K S
2021 REVENUE | $2 .4 BILL ION
32%
40%
21%
Latin America
END MARKET REGION
38
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
27%
Building &
2021 REVENUE | $919 MILLION
END MARKET
55%
20%
REGION
39
DI S TR IBU T I ON
26%
23%
20%
Building and
80%
3%
Latin
America
END MARKET REGION
K E Y S U P P L I ER S
2021 REVENUE | $1 .6 B ILL ION
40
TOTA L C O M PA N Y R E G I O N A L S A L E S
BY END MARKET
30%
26%Healthcare
14%
Building &
2% Energy
(16% of sales)
32%
Building &
(25% of sales)
41
19%
Building &
US &
Canada
(50% of sales)
38%
33%
Building &
LATAM
(9% of sales)