https://www.avient.com/products/long-fiber-technology/complet-long-hybrid-fiber
You are still able to gain the strength of carbon fiber, but are also able to supplement a portion of the formulation with more economically priced glass fiber.
High stiffness and strength of carbon fiber at a more palatable price
https://www.avient.com/investor-center/news/polyone-announces-public-offering-common-shares
is a premier provider of specialized polymer materials, services and solutions.
masterbatch business and achieve the expected results of the acquisitions, including, without limitation, the acquisitions being accretive; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to raise or sustain prices for products or services; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to acquisition and integration, working capital reductions, costs reductions and employee productivity goals; information systems failures and cyberattacks; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation.
https://www.avient.com/sites/default/files/2024-05/3b - Corporate Governance Guidelines.Draft Feb. 2024.v1.2.Revised.4-16-24.Final_.pdf
Has personally received, or has an immediate family member who has received,
during any twelve-month period within the last three years, more than $120,000 in
direct compensation from the Company, other than compensation for Board or
Committee service (provided such compensation is not contingent in any way upon
continued service) or compensation paid to an immediate family member for service
as a non-executive employee of the Company;
C.
The length of service of the Lead
Director is subject to the Board’s discretion.
Service on Other Boards
The Company does not have a policy restricting the number of boards of directors on
which a director may serve.
https://www.avient.com/sites/default/files/2023-06/2023 Advanced Composites Automotive Overview.pdf
They
are engineered to provide simplified installation,
long service life, and overall cost effectiveness.
KEY CHARACTERISTICS
• Lightweight
• High strength & stiffness
• Excellent fatigue & impact resistance
• Exceptional strength-to-weight ratio
• Strong adhesive properties
• Chemical and corrosion resistance
• Reduced NVH compared to metals
• Rapid cycle times
• Low VOCs
VALUE SOLUTION
• Replaces metal without sacrificing strength
• Reduced vehicle weight improves fuel
economy, reduces energy consumption
• Selective reinforcement adds strength in high
stress areas
• Easily integrated & streamlined manufacturing
process
• Easy bonding to various materials
• Increases structure & puncture resistance
• Can be used in injection and compression
overmolding operations
• Enables thin-walling and material reduction by
adding reinforcement to traditional materials
• Able to be re-formed, reused, recycled
USES & APPLICATIONS
• Interior structural reinforcement such as walls,
load floors, headliners, door panels, storage,
storage lids, and trim pieces
• External body panels
• Front end and door module reinforcement
• Service access cover reinforcement
• Interior hatch covers
GORDON COMPOSITES™ & GLASFORMS™
THERMOSET COMPOSITES
Gordon Composites™ and Glasforms™ thermoset
composites are made with proprietary resin/
fiber reinforcement technologies.
http://www.avient.com/composites
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale in Turkey.pdf
If a present or future
law, governmental decree, order, regulation, or
ruling under any existing or future legislation
prevents Seller from increasing or revising the
price as provided herein, or nullifies or reduces
any price or price increase hereunder, upon
written notice from one to the other Seller and
Buyer will attempt to identify mutually agreeable
changes to conform this contract with such law,
decree, order, regulation, or ruling.
Seller may change
the price and/or terms of delivery and shipment at
any time up until delivery, except where a written
alternative pricing mechanism exists that is signed
by Seller.
only those amounts not already included in the
price at the commencement of this contract.
https://www.avient.com/sites/default/files/resources/Dyersburg%2520IATF%252016949-2016%2520exp%25208-13-2021.pdf
ABS Quality Evaluations
This is to certify that the Quality Management System of:
PolyOne Corporation
Plastics Compounds and Colorants Group
107 Jackson Street
Dyersburg, TN 38024
IATF 16949:2016
The Quality Management System is applicable to:
Certificate No: 39032
Effective Date: 14 August 2018
Expiration Date: 13 August 2021
Issue Date: 17 August 2018
IATF No: 0322936 Alex Weisselberg, President
MANUFACTURE, DESIGN AND SUPPLY OF PROPRIETARY THERMOPLASTIC COMPOUNDS, INCLUDING THE
SUPPLY OF TOLL COMPOUNDING SERVICES
(WITH ADDITIONAL FACILITIES LISTED ON ATTACHED ANNEX)
Certificate Of Conformance
has been assessed by ABS Quality Evaluations, Inc. and found to be in conformance with the requirements set forth by:
Page 2 of 2
ABS Quality Evaluations
PolyOne Corporation
IATF 16949:2016
Certificate Of Conformance
ANNEX
At Below Facilities:
Validity of this certificate may be confirmed at www.abs-qe.com/cert_validation.
All rights reserved.
39032Certificate No:
0322936IATF No:
Facility: 1260 Carden Farm Drive
Clinton, TN 37716
Facility: 5306 Hwy. 146
Seabrook, TX 77586
Activity: Customer Service Activity: Customer Serivice
Facility: Warehouse
1610 Phillips Street
Dyersburg, TN 38024
Facility: 33587 Walker Road
Avon Lake, OH 44012
Activity: Warehousing Activity: Product Design, Supplier Management, Customer Service,
Logistics, Continuous Improvement & Marketing
https://www.avient.com/sites/default/files/2023-03/AvientRY 2021 CDP Verification Opinion Declaration_07-26-22r%5B96%5D.pdf
Microsoft Word - AvientRY 2021 CDP Verification Opinion Declaration_07-26-22r
WATER RESOURCES • ENVIRONMENTAL SERVICES • HEALTH & SAFETY • CLIMATE CHANGE
Apex Companies, LLC • (800) 733-2739 • www.apexcos.com
VERIFICATION OPINION DECLARATION
GREENHOUSE GAS EMISSIONS
To: The Stakeholders of Avient Corporation
Apex Companies, LLC (Apex) was engaged to conduct an independent verification of the greenhouse gas (GHG)
emissions reported by Avient Corporation (Avient) for the period stated below.
Energy:
o Diesel Fuel Consumption: 7,268,012 kWh
o Natural Gas Fuel Consumption: 90,498,342 kWh
o Renewable Energy - Self Generated (solar): 252,779 kWh
o Renewable Energy - Self Generated (Wind): 2,399,531 kWh
o Electric Power: 339,815,274 kWh
Page 2
WATER RESOURCES • ENVIRONMENTAL SERVICES • HEALTH & SAFETY • CLIMATE CHANGE
Apex Companies, LLC • (800) 733-2739 • www.apexcos.com
o Renewable Energy Credit (REC): 121,411,062 kWh
o Renewable Power – Offsite: 27,119,749 kWh
Period covered by GHG emissions verification:
January 1, 2021 to December 31, 2021
GHG Reporting Protocols against which verification was conducted:
World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD)
Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (Scope 1 and 2)
and the GHG Protocol Scope 2 Guidance, an amendment to the GHG Protocol Corporate Standard
WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard
Verification Protocols used to conduct the verification:
ISO 14064-3 Second Edition 2019-04: Greenhouse gases - Part 3: Specification with guidance for the
verification and validation of greenhouse gas statements
Apex’s standard procedures and guidelines for external Assurance of Sustainability Reports and
International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other
than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after
Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board.
Page 3
WATER RESOURCES • ENVIRONMENTAL SERVICES • HEALTH & SAFETY • CLIMATE CHANGE
Apex Companies, LLC • (800) 733-2739 • www.apexcos.com
Statement of independence, impartiality and competence
Apex is an independent professional services company that specializes in Health, Safety, Social and Environmental
management services including assurance with over 30 years history in providing these services.
https://www.avient.com/sites/default/files/2023-07/Avient_RY 2022 CDP Verification Opinion Declaration_07-24-23%5B30%5D.pdf
Microsoft Word - Avient_RY 2022 CDP Verification Opinion Declaration_07-24-23
WATER RESOURCES • ENVIRONMENTAL SERVICES • HEALTH & SAFETY • CLIMATE CHANGE
Apex Companies, LLC • (800) 733-2739 • www.apexcos.com
VERIFICATION OPINION DECLARATION
GREENHOUSE GAS EMISSIONS
To: The Stakeholders of Avient Corporation
Apex Companies, LLC (Apex) was engaged to conduct an independent verification of the greenhouse gas (GHG)
emissions reported by Avient Corporation (Avient) for the period stated below.
Energy:
o Diesel Fuel Consumption: 4,754,671 kWh
o Natural Gas Fuel Consumption: 184,415,668 kWh
o Renewable Energy Consumed - Self Generated (solar): 260,378 kWh
o Renewable Energy Consumed - Self Generated (Wind): 2,554,186 kWh
o Grid Electricity Consumed: 436,400,546 kWh
Page 2
WATER RESOURCES • ENVIRONMENTAL SERVICES • INDUSTRIAL HYGIENE • SAFETY • SUSTAINABILITY
Apex Companies, LLC • (800) 733‐2739 • www.apexcos.com
o Renewable Energy Credits (REC) Purchased: 100,691,000 kWh
o Renewable Electricity Consumed – Offsite: 128,982,866 kWh
Period covered by GHG emissions verification:
January 1, 2022 to December 31, 2022
GHG Reporting Protocols against which verification was conducted:
World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD)
Greenhouse Gas Protocol, Corporate Accounting and Reporting Standard, Revised Edition (Scope 1 and 2)
and the GHG Protocol Scope 2 Guidance, an amendment to the GHG Protocol Corporate Standard
WRI/WBCSD Corporate Value Chain (Scope 3) Accounting and Reporting Standard
Verification Protocols used to conduct the verification:
ISO 14064-3 Second Edition 2019-04: Greenhouse gases - Part 3: Specification with guidance for the
verification and validation of greenhouse gas statements
Apex’s standard procedures and guidelines for external Assurance of Sustainability Reports and
International Standard on Assurance Engagements (ISAE) 3000 Revised, Assurance Engagements Other
than Audits or Reviews of Historical Financial Information (effective for assurance reports dated on or after
Dec. 15, 2015), issued by the International Auditing and Assurance Standards Board.
Page 3
WATER RESOURCES • ENVIRONMENTAL SERVICES • INDUSTRIAL HYGIENE • SAFETY • SUSTAINABILITY
Apex Companies, LLC • (800) 733‐2739 • www.apexcos.com
Statement of independence, impartiality and competence
Apex is an independent professional services company that specializes in Health, Safety, Social and Environmental
management services including assurance with over 30 years history in providing these services.
https://www.avient.com/sites/default/files/resources/AVNT Fermium Conference - May 2023 w NonGAAP Recs.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Changes in laws and regulations regarding plastics in jurisdictions where we conduct business;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Production outages or material costs associated with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including Avient Protective Materials (APM);
• An inability to raise or sustain prices for products or services;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions; and
• Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation and any recessionary conditions
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
GUIDANCE
11
14.8%
15.8%
Adjusted EBITDA Margin %
Better-than-expected margins
driven by:
• Resilient demand for
composites and sustainable
solutions which improved
mix of higher margin
applications
• Deceleration of raw material
inflation
• Cost reduction activities
Q1 EBITDA BRIDGE
12
$ millions
CAI:
Price / Mix 19)
Inflation (4)
SEM:
Price / Mix 6)
Inflation (4)
Net Price Benefit 17)
Wage and Energy Inflation (13)
Cost Reductions 8)
FX (6)
Q1 2023 Actual $134)
Adjusted
EBITDA
Q1 2022 Pro Forma $ 176)
Demand (48) • Weak demand
conditions in-line
with previous
expectations
• Pricing continues to
cover inflation of raw
materials, wages
and energy
U.S. & Canada
40%
38%
17%
Q1 2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
18%
23%
Building and
6%Telecommunications
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $846M and $134M, respectively, include intercompany sales eliminations and corporate costs
$537M $91M
$310M $64M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$134M$846M
(1)
13
Q1 2023 SALES BY REGION
Yo Y C H A N G E ( E X C L .
Avient Specialty
Other Specialty /
2023E(%)
36
79
87
83 81
76
73
90
79 77 76
73
69
60
22
MULTIPLE EXPANSION
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 adjusted EBITDA guidance of $530M and closing share price of $38.51.
https://www.avient.com/sites/default/files/2024-07/avient-human-rights-position-statement-updated-july-2021 %286%29.pdf
We define child labor as services by anyone under the age of 16 and, if local law is more
restrictive than our policy, we will comply with the more restrictive local law.
Our
disclosures are located at:
https://www.avient.com/company/policies-and-governance/ca-transparency-act-disclosure
https://www.avient.com/company/policies-and-governance/europe-modern-slavery-and-human-trafficking-
statement
We reinforce Our Commitment to human rights, as set forth above, throughout our organization by
incorporating and reflecting these principles in organizational policies, training programs, and our
governance management framework.
https://www.avient.com/company/policies-and-governance/ca-transparency-act-disclosure
https://www.avient.com/company/policies-and-governance/europe-modern-slavery-and-human-trafficking-statement
https://www.avient.com/company/policies-and-governance/europe-modern-slavery-and-human-trafficking-statement
https://www.avient.com/sites/default/files/2020-10/supplier-code-of-conduct.pdf