https://www.avient.com/resources/safety-data-sheets?page=3929
BLUE COLOR FOR HIPS (CAP)
https://www.avient.com/resources/safety-data-sheets?page=3926
GRAY COLOR FOR WATER
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Press Release.pdf
They are based on
management's expectations that involve a number of business risks and uncertainties, any of
which could cause actual results to differ materially from those expressed in or implied by the
forward-looking statements.
Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible
asset amortization is a useful measure of current period earnings per share.
Three Months Ended
September 30,
Nine Months Ended
September 30,
2023 2022 2023 2022
Sales:
Color, Additives and Inks $ 486.5 $ 565.6 $ 1,548.0 $ 1,864.2
Specialty Engineered Materials 267.9 258.2 878.4 743.6
Corporate (0.7) (0.5) (2.6) (1.3)
Sales $ 753.7 $ 823.3 $ 2,423.8 $ 2,606.5
Gross margin:
Color, Additives and Inks $ 156.8 $ 161.3 $ 482.9 $ 546.8
Specialty Engineered Materials 78.3 66.9 263.7 201.3
Corporate (39.8) (32.8) (63.0) (37.4)
Gross margin $ 195.3 $ 195.4 $ 683.6 $ 710.7
Selling and administrative expense:
Color, Additives and Inks $ 92.3 $ 92.7 $ 284.8 $ 290.1
Specialty Engineered Materials 48.0 35.5 150.6 96.4
Corporate 20.7 26.6 94.5 81.3
Selling and administrative expense $ 161.0 $ 154.8 $ 529.9 $ 467.8
Operating income:
Color, Additives and Inks $ 64.5 $ 68.6 $ 198.1 $ 256.7
Specialty Engineered Materials 30.3 31.4 113.1 104.9
Corporate (60.5) (59.4) (157.5) (118.7)
Operating income $ 34.3 $ 40.6 $ 153.7 $ 242.9
Depreciation & amortization:
Color, Additives and Inks $ 24.6 $ 24.2 $ 76.1 $ 76.1
Specialty Engineered Materials 20.5 12.9 61.6 28.4
Corporate 1.3 2.7 6.8 9.2
Depreciation & Amortization $ 46.4 $ 39.8 $ 144.5 $ 113.7
Earnings before interest, taxes, depreciation and
amortization (EBITDA):
Color, Additives and Inks $ 89.1 $ 92.8 $ 274.2 $ 332.8
Specialty Engineered Materials 50.8 44.3 174.7 133.3
Corporate (59.2) (56.7) (150.7) (109.5)
Other income (expense), net 1.0 (32.3) 1.5 (31.3)
EBITDA including special items $ 81.7 $ 48.1 $ 299.7 $ 325.3
Special items in EBITDA 41.0 71.2 88.1 75.6
Total Company, EBITDA adjusted $ 122.7 $ 119.3 $ 387.8 $ 400.9
13
Attachment 7
Avient Corporation
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(In millions, except per share data)
Senior management uses gross margin before special items and operating income before special items to assess performance
and allocate resources because senior management believes that these measures are useful in understanding current profitability
levels and how it may serve as a basis for future performance.
https://www.avient.com/news/polyone-launches-new-black-masterbatch-colorants-sustainable-carbon-black
Homepage
//
News Center
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PolyOne Launches New Black Masterbatch Colorants with Sustainable Carbon Black
Derived from end-of-life tires, this new color concentrate is a sustainable alternative to those based on virgin carbon black.
Michelle Maniscalco
Senior Manager, Marketing Communications
PolyOne Corporation
+1 440-930-1988
michelle.maniscalco@avient.com
https://www.avient.com/news/polyone-enables-next-generation-wearable-phone-locator-kids-filip-technologies
Further, PolyOne colorants bring the material to life with dynamic colors such as Superhero Blue, Watermelon Red, Limesicle Green, and Awesome Orange.
PolyOne's specialty TPE and colorant solutions stand up to the demands of active kids during outdoor play and sports, staying bright and maintaining material performance attributes.
Trade Media Contact:
Michelle Maniscalco
Marketing Communications Manager, North America
PolyOne Corporation
+1 440-930-1988
michelle.maniscalco@avient.com
https://www.avient.com/news/new-zodiac-taurus-non-pvc-plastisol-inks-avient-present-eco-conscious-options-textile-printing
We are thrilled to introduce the next addition to our Zodiac line of eco-conscious inks,” said Tito Echiburu, general manager of Avient Specialty Inks.
Highlights:
• Bases and bleed barriers
• Improved durability and elongation
• Modifiers and additives include thickener, reducer, and matte additives to increase the productivity and improve the finish, and effect additives to achieve textured suede or high density (3D) effect
• RFU colors a palette of 14 RFU mixing color inks, including fluorescents and silver and gold metallic
• Special-effect inks add dimension and dazzling impact to any flat print
Michelle Maniscalco
Senior Manager, Marketing Communications
Avient Corporation
michelle.maniscalco@avient.com
https://www.avient.com/news/polyone-unveils-specialty-polymers-and-colorants-fakuma-2018
Homepage
//
News Center
//
PolyOne Unveils Specialty Polymers and Colorants at Fakuma 2018
OnColor™ Colorants Shades of Nature Collection includes ten new special effects colorants inspired by nature.
Michelle Maniscalco
Senior Manager, Marketing Communications
PolyOne Corporation
+1 440-930-1988
michelle.maniscalco@avient.com
https://www.avient.com/sites/default/files/2020-10/antimicrobial-dental-case-study.pdf
THE IMPACT
Avient was able to reduce lead time on these newly
developed additives by a week versus the original
supplier, enabling this customer to better manage
and control inventory levels.
https://www.avient.com/sites/default/files/resources/PolyOne%25202013%2520Annual%2520Report.pdf
Senior Vice President and General Manager, Specialty Color, Additives and Inks, July 2006 to
January 2010.
Our Business
specialty polymer formulations, color and additive systems, plastic sheet and packaging solutions and
enhancing additives, liquid colorants, and fluoropolymer and silicone colorants.
Inventories
Inventories are stated at the lower of cost or market using the first-in, first-out (FIFO) method.
https://www.avient.com/news/polyone-showcase-material-colorant-and-additive-innovations-chinaplas-2018
InVisiO™ Color Inspiration 2019+ collection of four influential and emerging color palettes examines a world in flux, one where we honor our heritage, seek nature in materials, embrace techno-uncertainty, and cherish true craft.
Jennifer Huang
Senior Manager, Marketing Communications Asia
PolyOne Corporation
+86 21 60284888
jennifer.huang@avient.com
Michelle Maniscalco
Senior Manager, Marketing Communications
PolyOne Corporation
+1 440 930 1988
michelle.maniscalco@avient.com