https://www.avient.com/sites/default/files/2024-08/Avient Q2 2024 Earnings Call Presentation.pdf
FX +4.6%
FX -1.5%
Total Avient +3.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
Q2 2024 SEGMENT PERFORMANCE
(COLOR, ADDITIVES & INKS)
$525
$542
$94
$108
19.9%
(in millions) (in millions)
7
17.9%
+200 bps
* Adjusted EBITDA Margin %
• Organic sales growth in all
regions led by Americas
• Raw material deflation combined
with cost reduction actions drove
EBITDA margin expansion
+ 3%
(+5% excluding FX)
+ 15%
(+17% excluding FX)
Q2 2024 SEGMENT PERFORMANCE
(SPECIALTY ENGINEERED MATERIALS)
$301
$308
$60
$64
20.6%
(in millions) (in millions)
8
19.8%
+80 bps
* Adjusted EBITDA Margin %
• Sales growth in consumer,
healthcare and building &
construction end markets offset
by weaker demand in
telecommunications
• EBITDA margin expansion
driven by positive end market
mix as well as raw material
deflation
+ 2%
(+4% excluding FX)
+ 7%
(+8% excluding FX)
2024 G U IDA N CE
FY 2024 GUIDANCE
Previous (May 7) Current
Adjusted EBITDA $510 to $535 million $515 to $540 million
Adjusted EPS $2.50 to $2.65 $2.55 to $2.70
Interest Expense $105 million $105 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures ~$140 million ~$140 million
10
Q3 2024: Adjusted EPS of $0.62
11
Highlights
• Provides performance updates on 2030
Sustainability Goals
• Reduced company’s Scope 1 & 2 GHG emissions
by 48% since 2019
• Highlights ESG performance ratings, certifications,
and awards, including recent upgrades by
Ecovadis to Gold and CDP to A-
• Reflects Great Place to Work® culture focused on
health, safety and employee engagement
2023 SUSTAINABILITY REPORT
11
Sustainability for a
Better Tomorrow
2023
SUSTAINABILITY REPORT
12
• Investor Day to be held December 4, 2024 in
New York, NY
• The focus will be to do a deep dive on the
Company’s strategy
• Further details to be communicated
2024 AVIENT INVESTOR DAY
AP P EN D IX
15
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
36%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
7%
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
7%
17
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 B ILL ION
34%
37%
21%
END MARKET REGION
18
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 B ILL ION
52%
35%
19
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
20
BY END MARKET
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2023-03/CycleWorks Solution Bulletin.pdf
CycleWorks can develop recycling-friendly product
solutions to increase the recyclability of plastic
products and, by understanding the chemistry
of polymers in the mechanical recycling process,
can provide data to help develop new and unique
polymer formulations.
Sustainability Spotlight
Recycle
Solutions
WHAT IT DOES
• Works according to recycling protocols
• Simulates grinding, washing, conversion, and
re-extrusion
• Performs testing on final products such as
bottles, sheets, films, or test bars
• Applies in-depth analytical investigations
KEY BENEFITS
• Provides a portfolio of solutions that are field-
tested for recycling
• Can run recycling trials according to standard
recycling protocols
• Helps enable customers’ recyclability and
sustainability goals
• Screens and evaluates additive and colorant
systems in the recycling process
• Supports R&D work to solve major issues in the
recycling process
• Provides a collaboration platform for customers
and value chain partners
• Advances the circular economy
1.844.4AVIENT
www.avient.com
Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2024-08/Avient AUG 2024 Investor Presentation- w Non-GAAP.pdf
&
Canada
64%
Specialty
Engineered
Materials
Color
Additives
and Inks
41%
23%
19%
10% 5% 4%
Building &
Energy Telecom
Geography
Segment
Industry
2024 Financial Guidance
$515 to $540 million
Adjusted EBITDA
$2.55 to $2.70
Adjusted EPS
4
Industry Sustainability Standards
ESG Ratings Performance
1
4
87th
94th
percentile
Avient CDP Score:
A-
SUSTAINABILITY PERFORMANCE
AND RECOGNITION
AU G U S T 6 , 20 24
W EB CAS T
P RE SE N TATI O N
6
Q2 2024 HIGHLIGHTS
• 5% organic sales growth supported by
broad-based growth across all regions
in both CAI and SEM segments
• Growth stemmed from gaining share,
winning new product specifications
and restocking in certain end markets
• Cost control and operational
discipline expanded EBITDA margins
by 100 bps
• EPS exceeded guidance by $0.05
and increased 21% vs the prior year
Adj.
FX +4.6%
FX -1.5%
Total Avient +3.1%
Note: Regional Sales Percentages exclude impact of foreign exchange
Q2 2024 SEGMENT PERFORMANCE
(COLOR, ADDITIVES & INKS)
$525
$542
$94
$108
19.9%
(in millions) (in millions)
10
17.9%
+200 bps
* Adjusted EBITDA Margin %
• Organic sales growth in all
regions led by Americas
• Raw material deflation combined
with cost reduction actions drove
EBITDA margin expansion
+ 3%
(+5% excluding FX)
+ 15%
(+17% excluding FX)
Q2 2024 SEGMENT PERFORMANCE
(SPECIALTY ENGINEERED MATERIALS)
$301
$308
$60
$64
20.6%
(in millions) (in millions)
11
19.8%
+80 bps
* Adjusted EBITDA Margin %
• Sales growth in consumer,
healthcare and building &
construction end markets offset
by weaker demand in
telecommunications
• EBITDA margin expansion
driven by positive end market
mix as well as raw material
deflation
+ 2%
(+4% excluding FX)
+ 7%
(+8% excluding FX)
2024 G U IDA N CE
FY 2024 GUIDANCE
Previous (May 7) Current
Adjusted EBITDA $510 to $535 million $515 to $540 million
Adjusted EPS $2.50 to $2.65 $2.55 to $2.70
Interest Expense $105 million $105 million
Adjusted Effective Tax Rate 23% to 25% 23% to 25%
Capital Expenditures ~$140 million ~$140 million
13
Q3 2024: Adjusted EPS of $0.62
14
Highlights
• Provides performance updates on 2030
Sustainability Goals
• Reduced company’s Scope 1 & 2 GHG emissions
by 48% since 2019
• Highlights ESG performance ratings, certifications,
and awards, including recent upgrades by
Ecovadis to Gold and CDP to A-
• Reflects Great Place to Work® culture focused on
health, safety and employee engagement
2023 SUSTAINABILITY REPORT
14
Sustainability for a
Better Tomorrow
2023
SUSTAINABILITY REPORT
15
• Investor Day to be held December 4, 2024 in
New York, NY
• The focus will be to do a deep dive on the
Company’s strategy
• Further details to be communicated
2024 AVIENT INVESTOR DAY
AP P EN D IX
18
Performance
Additives
15%
Pigments
TiO2
Dyestuffs
Polyethylene
10%Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
38%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
RAW MATERIAL BASKET
SEGMENT DATA
U.S. & Canada
41%
2023 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
19%
23%Industrial
Building and
END MARKET REVENUE
$2,007M $358M
$1,138M $224M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$502M$3,143M
(1)
20
(1) Total company sales and adjusted EBITDA of $3,143M and $502M, respectively, include intercompany sales eliminations and corporate costs
2023 REVENUE | $2 .0 B ILL ION
34%
37%
21%
END MARKET REGION
21
34%
21%
15%
Building &
1% Energy
COLOR, ADDITIVES & INKS
2023 REVENUE | $1 .1 B ILL ION
52%
35%
22
6%Industrial
12%
10% Defense
Building &
END MARKET REGION
SPECIALTY ENGINEERED MATERIALS
32%
26%
Building &
6%
2% Defense
1%
(18% of sales)
2023 AVIENT REGIONAL SALES
25%
Building &
(36% of sales)Transportation
22%
Building &
12%
6%
US &
Canada
(41% of sales)
59%
22%
Building &
LATAM
(5% of sales)
23
BY END MARKET
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2021-04/poland-commercial-excerpt.pdf
Wydruk informacji pobranej w trybie art. 4 ust. 4aa ustawy z dnia 20 sierpnia 1997 r. o Krajowym Rejestrze Sądowym,
posiada moc dokumentu wydawanego przez Centralną Informację, nie wymaga podpisu i pieczęci.
7.Data do jakiej została zawieszona
Rubryka 2 Organ nadzoru
Rubryka 3 Prokurenci
1 1.Nazwisko CIULĘBA
2.Imiona TOMASZ
3.Numer PESEL 77030712078
4.Rodzaj prokury PROKURA OBEJMUJĄCA UMOCOWANIE WYŁĄCZNIE DO DOKONYWANIA CZYNNOŚCI WSPÓLNIE Z
CZŁONKIEM ZARZĄDU.
Dział 3
Rubryka 1 Przedmiot działalności
1.Przedmiot przeważającej działalności
przedsiębiorcy
1 20, 12, Z, PRODUKCJA BARWNIKÓW I PIGMENTÓW
2.Przedmiot pozostałej działalności
przedsiębiorcy
1 46, 12, Z, DZIAŁALNOŚĆ AGENTÓW ZAJMUJĄCYCH SIĘ SPRZEDAŻĄ PALIW, RUD, METALI I
CHEMIKALIÓW PRZEMYSŁOWYCH
2 20, 16, Z, PRODUKCJA TWORZYW SZTUCZNYCH W FORMACH PODSTAWOWYCH
3 46, 75, Z, SPRZEDAŻ HURTOWA WYROBÓW CHEMICZNYCH
4 69, 20, Z, DZIAŁALNOŚĆ RACHUNKOWO-KSIĘGOWA; DORADZTWO PODATKOWE
5 23, 69, Z, PRODUKCJA POZOSTAŁYCH WYROBÓW Z BETONU, GIPSU I CEMENTU
6 63, 11, Z, PRZETWARZANIE DANYCH; ZARZĄDZANIE STRONAMI INTERNETOWYMI (HOSTING) I
PODOBNA DZIAŁALNOŚĆ
7 68, 20, Z, WYNAJEM I ZARZĄDZANIE NIERUCHOMOŚCIAMI WŁASNYMI LUB DZIERŻAWIONYMI
Rubryka 2 Wzmianki o złożonych dokumentach
Rodzaj dokumentu Nr kolejny w
polu
Data złożenia Za okres od do
1.Wzmianka o złożeniu
rocznego sprawozdania
finansowego
1 07.06.2002 2001
2 02.07.2003 01.01.2002 - 31.12.2002
3 30.09.2004 OD 01.01.2003 DO 31.12.2003
4 28.06.2005 OD 01.01.2004 DO 31.12.2004
5 19.07.2006 01.01.2005-31.12.2005
6 18.06.2007 01.01.2006 R. - 31.12.2006 R.
7 27.06.2008 01.01.2007 R. - 31.12.2007 R.
8 02.07.2009 01.01.2008 R. - 31.12.2008 R.
9 30.07.2010 01.01.2009 - 31.12.2009
10 06.07.2011 2010 ROK
11 23.08.2012 01.01.2011-31.12.2011
12 25.07.2013 01.01.2012R.-31.12.2012R.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Terms%2520and%2520Conditions%2520of%2520sale%2520France.pdf
SAFETY & HEALTH INDEMNITY
Buyer acknowledges that Seller has furnished to Buyer
Material Safety Data Sheets as required under
applicable laws and regulations, which include
warnings together with safety and health information
concerning the Product and/or the containers for such
Product.
DATA PROTECTION
Buyer hereby agrees that any data in relation with the
business relationship between Buyer and Seller may
be processed by Seller, in compliance with applicable
laws and regulations.
15.
https://www.avient.com/sites/default/files/2022-02/Sustainability ESG Disclosures_Carbon Black.pdf
Substance Safety Summary
SUBSTANCE: Carbon Black
GENERAL STATEMENT
Carbon black (subtypes are acetylene black, channel black, furnace black, lamp black and thermal black) is
a material produced by the incomplete combustion of heavy petroleum products such as FCC tar, coal tar,
ethylene cracking tar, and a small amount from vegetable oil.
CATEGORY DETAIL
EC Number 215-609-9
CAS Number 1333-86-4
Name Subclass 1 Carbon Black
Structural Formula
CHEMICAL IDENTITY
H
|
C||||HH
H
HEALTH EFFECTS
HUMAN HEALTH SAFETY ASSESSMENT
Consumer
Overall, as a result of the detailed epidemiological investigations,
no causative link between Carbon Black exposure and cancer risk
in humans has been demonstrated.
Toxicity for Reproduction
PROPERTY DETAIL
Physical State Solid
Form Powder/ Beads
Color Black
Odor Odorless
Melting Point 3550°C
Boiling Point 500–600°C
Partition Coefficient:
N-octanol/Water Not Applicable
Bulk Density 1.7-1.8 g/cm3 (20°C)
Water Solubility Insoluble
Self-ignition Temperature >284°F
Flammability >45 s
Explosiveness 50 g/m3
PHYSICAL/CHEMICAL PROPERTIES
EXPOSURE
HUMAN HEALTH SAFETY ASSESSMENT
Human Health
Carbon Black, when generally used as noted above is bound into a matrix.
https://www.avient.com/sites/default/files/2025-05/Avient Announces First Quarter 2025 Results_0.pdf
Despite this, our teams delivered organic sales growth for
the fourth consecutive quarter and expanded adjusted EBITDA margins 20 basis points to
17.5%.
We are focused on executing
what we can influence, which includes staying close to our customers, winning share and new
business, proactively working to offset raw material or tariff-related inflation, controlling our
costs and strengthening our balance sheet.
Rose
Vice President, Corporate Communications
Avient Corporation
+1 440-930-3162
kyle.rose@avient.com
6
Attachment 1
Avient Corporation
Reconciliation of Adjusted Net Income and Earnings Per Share (Unaudited)
(In millions, except per share data)
Senior management uses comparisons of adjusted net income attributable to Avient common shareholders and diluted adjusted
earnings per share (EPS) attributable to Avient common shareholders, excluding special items, to assess performance and
facilitate comparability of results.
https://www.avient.com/knowledge-base/article/understanding-tpe-material-and-performance-enabling-5g-technologies
The 5th generation of cellular networks (5G) is an emerging technology that will allow consumers to be more connected than ever before by allowing faster data transfer rates with lower delays and latency.
a) what effect do thermoplastic elastomer (TPE) formulations have on the attenuation (energy absorption) of a signal ranging from 20-45 GHz?
b) what effect does the varying thickness of those TPE materials have on the attenuation (energy absorption) of a signal ranging from 20-45 GHz?
https://www.avient.com/knowledge-base/article/understanding-tpe-material-and-performance-enabling-5g-technologies?rtype[]=1164
The 5th generation of cellular networks (5G) is an emerging technology that will allow consumers to be more connected than ever before by allowing faster data transfer rates with lower delays and latency.
a) what effect do thermoplastic elastomer (TPE) formulations have on the attenuation (energy absorption) of a signal ranging from 20-45 GHz?
b) what effect does the varying thickness of those TPE materials have on the attenuation (energy absorption) of a signal ranging from 20-45 GHz?
https://www.avient.com/knowledge-base/article/understanding-tpe-material-and-performance-enabling-5g-technologies?ind[]=21508
The 5th generation of cellular networks (5G) is an emerging technology that will allow consumers to be more connected than ever before by allowing faster data transfer rates with lower delays and latency.
a) what effect do thermoplastic elastomer (TPE) formulations have on the attenuation (energy absorption) of a signal ranging from 20-45 GHz?
b) what effect does the varying thickness of those TPE materials have on the attenuation (energy absorption) of a signal ranging from 20-45 GHz?