https://www.avient.com/sites/default/files/2025-06/NEUSoft-Catheter-case study snapshot.pdf
MEDICAL DEVICE
MANUFACTURER
G U I D I N G C A T H E T E R
• Ultra-soft hardness of about Shore 50A
• Excellent extrusion performance, achieving a thickness of
about 0.1 mm
• Smooth surface
• Certification for biocompatibility
• Delivered an ultra-soft TPU that has good
elasticity, abrasion, and tear resistance
• Complied with ISO 10993 biocompatible
properties
• Offered onsite service to support rapid
extrusion performance for the customer
NEUSoft Thermoplastic Polyurethanes
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-07/CORE Medical Manikin Case Study Snapshot.pdf
LEADING MEDICAL
TRAINING COMPANY
M E D I C A L M A N I K I N S
• Ability to color code various body parts for more accurate
teaching and instruction
• Maintain durability and performance through repeated use
in a variety of training scenarios
• Meet customer’s regulatory requirements
• Provided specific colors and hardness for
easier identification of body parts
• Supplied a non-phthalate plastisol
formulation that maintained strength and
flexibility over an extended time
• Offered robust technical support and
regulatory assistance to meet all compliance
directives as required by customer
Core™ Non-Phthalate Plastisols
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
For our existing workforce, the leadership d
to abound.
Last
year we broke ground on a new manufacturing and R&D
facility in Chuzhou, China, in the Anhui province.
D
38
36
34
32
30
28
26
24
For 2019, we delivered $1.69 of adjusted EPS, a 12% increase and the 10th
consecutive year of expansion.
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
Post-consumer recycled content as percentage of total plastic packaging volume, by weight
ENABLING THE USE OF RECYCLED CONTENT
T O P 5 G A P S T H A T W E A R E A D D R E S S I N G
2) DECONTAMINATION1) COLOR MANAGEMENT 3) MAINTAINING MECHANICAL
PROPERTIES
4) MONO-MATERIAL
CONSTRUCTION
5) CONSISTENT RECYCLED
MATERIAL QUALITY
15
G U I D I N G B R A N D S T O W H A T I S P O S S I B L E
CASE STUDY WITH BRAND OWNER
Recycled ResinVirgin Resin
16
SUSTAINABILITY FOR A BETTER TOMORROW
• Revenue from sustainable solutions expected
to grow 18% 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
*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 Color business
2016 2017 2018 2019 2020PF** 2021E
$405M
$455M
$340M
$550M
$790M
Revenue From Sustainable Solutions* 2016-2021
$930M
Q3 2020 $925 $74
Sustainable Solutions 35 19% 14
Healthcare 51 44% 10
Composites 13 39% 6
Growth in Asia / LATAM 14 11% 3
Other 177 39% 16
Sub-total $1,215 31% $123
Supply Chain Disruption Costs (19)
COVID Response Applications (5) (3)
FX Impact 10 2
Synergies 12
Incentives, Travel, Other Employee Costs (16)
Q3 2021 $1,220 32% $99
Q3 2021 SALES AND OPERATING INCOME
18
Sales Growth Rate
Operating
Income$ millions
19
Q3 2020 Q3 2021
(1) Financial information is presented on a constant currency basis
(44% of total revenue)
(56% of total revenue)
Q3 END MARKET SALES PERFORMANCE
+20%
+31%
+40%
+24%
+46%
+40%
+14%
+33%
Energy Telecom Building &
Transportation Industrial Healthcare Packaging Consumer
Q3 YEAR-OVER-YEAR EBITDA BRIDGE
20
• Demand driven by growth
in sustainable solutions,
healthcare and consumer
applications
• Price increases more than
offsets raw material and
supply chain impacts
• Synergy capture on pace
to achieve $50M in annual
savings in 2021
Q3 2020 $ 111
Demand 29
EBITDA$ millions
CAI:
Price / Mix 51
Inflation (37)
SEM:
Price / Mix 25
Inflation (22)
Distribution:
Price / Mix 108
Inflation (103)
Net Price Benefit 22
Supply Chain Disruption Costs (19)
COVID Response Applications (3)
Synergies 12
Incentives, FX, Other (16)
Q3 2021 $ 136
21
• Price increases have more than
covered raw material and freight
inflation impacts of $300M year-
to-date compared to 2020
• Demand impact driven by
Q3 seasonality for the business
Q2 TO Q3 SEQUENTIAL EBITDA BRIDGE
Q2 2021 $ 159
CAI:
Price / Mix 17
Inflation (8)
SEM:
Price / Mix 6
Inflation (5)
Distribution:
Price / Mix 35
Inflation (35)
Net Price Benefit 10
Supply Chain Disruption Costs (4)
Demand / Seasonality (35)
Other 6
Q3 2021 $ 136
EBITDA$ millions
FU LL Y EA R 2021
O U T LO O K
$308
$430
$1.93
$3.00
FULL YEAR GROWTH PROJECTIONS
23
Sales Adjusted Operating Income
$3,783
$4,750
+ 26%
+ 40% + 55%
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)(1)(1)
$1.74
$1.93
$3.00
$442
$457
$580
FULL YEAR 2019 – 2021 GROWTH
24
Sales Adjusted EBITDA
$3,981
$3,783
$4,750
+ 19%
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1) (1)
(1)(1)
+ 31% + 72%
(1) (1)
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
11 12 13 14 15 16 17 18 19 20 21
40%
99%
YTD 5 - YR 10 - YR
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
11 12 13 14 15 16 17 18 19 20 21 22
2.1x
Q4 NET LEVERAGE
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$450MM
PAID OVER LAST 11 YEARS
CREATING VALUE FOR SHAREHOLDERS
Share Performance Dividends Share Repurchases Deleveraging
3.5x
2.1x
2019PF 2021E
Growing Dividend Cumulative Buybacks Net Leverage
$B
n
$
p
r
sh
ar
Total Shareholder Return
~$4Bn
MARKET CAP INCREASE
OVER LAST 10 YEARS
(1) Share performance includes reinvested dividends and is as of 10.25.2021
(2) Financial information is pro forma to include a full year of Clariant Color acquisition
(2)
494%
SUSTAINABILITY REPORT
Continuous ESG Improvement
26
• Updated 2030 Sustainability Goals
• Further disclosure on key Environmental,
Social, and Governance impacts
• Joined U.N.
D
is
t.
)
Avient reflects 2021 estimated revenue of $4,750M and estimated CAPEX of $80M (excludes one-time synergy capture CAPEX of $20M)
Avient Specialty
Other
Free Cash Flow Conversion (1)
2021E (%)
Being asset light helps us to generate
strong free cash flow that is in line
with specialty formulators.
Our free cash flow supports
shareholder value creation through
investing in R&D for organic growth,
completing bolt-on acquisitions, and
returning cash to shareholders via our
dividend program and opportunistic
share repurchases.
32 1.
https://www.avient.com/sites/default/files/2024-04/Maxxam REC - Outdoor Socket - Case Study Snapshot.pdf
HAGER GROUP
O U T D O O R E L E C T R I C A L
S O C K E T
• A more sustainable, recycled formulation
• Similar performance to current virgin polyolefin including:
• Good UV, scratch, and impact resistance
• Reliable coloration to RAL 7011 and RAL 7035
• A matte finish
• Expedited the approval of Plastic Bank as a new supplier
• Formulated custom materials with recycled ocean-bound
plastic (Social Plastic®) from Plastic Bank
• Provided functional replacements for the previous virgin
polyolefins with comparable performance
• Enabled Hager to launch new cubyko leaf outdoor
sockets and switches to market containing 27% recycled
materials
Maxxam REC Recycled Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-gravi-tech-luxury-closures-spanish.pdf
PRODUCTOR LÍDER DE
TAPONES PARA BEBIDAS
ALCOHÓLICAS
T A P O N E S D E L U J O
• Se sustituye el metal al mismo tiempo que se ofrece
aspecto y sensación metálicos
• Personalización de densidad y color
• Procesamiento sencillo
• Cumplimiento con las normas de la FDA
• El metal se sustituye con un compuesto
plástico de densidad modificada para
mantener una percepción de alta calidad
• Se redujo al mínimo la aparición de
desportilladuras por el desgaste cotidiano,
que supera al metal porque permite hacer
coincidir el interior de la tapa con los
colores de revestimiento metalizado
• Permitió al cliente introducir sus tapones
de lujo en un nuevo segmento del mercado
Formulación de densidad modificada Gravi-
Tech™
REQUERIMIENTOS CLAVE
¿POR QUÉ AVIENT?
https://www.avient.com/sites/default/files/2020-09/case-study-one-pager-maxxam-hvac-door.pdf
DENSO
M E C H A N I C A L H V A C D O O R F L A P
• Processability was key as the part had to be injection
compression molded due to its extremely thin nature
• Copper resistance
• Light weight
• Anti-static
• Low VOC
• Worked in close collaboration with the customer to
understand key design challenges and needs
• Streamlined the development process through global
presence, working locally in Europe while also running
trials in Asia
• Re-designed the part to provide a 90% weight
reduction
• Utilized material science expertise to create a custom
formulation that improved resistance to copper
deposits and enabled injection compression molding
Customized Maxxam™ Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-03/Gravi-Tech- Portable Speaker-Application Snapshot.pdf
ELECTRONICS BRAND
P O R T A B L E S P E A K E R
W E I G H T E D C O M P O N E N T
• Ensures quality sound performance
• Injection molding capabilities for design flexibility
• Impact protection within a set temperature range
• Meets target density 3.0g/cm3 and product weight 400g
• Reduced scrap and improved product
manufacturability, compared to metal, with
an injection molded formulation
• Met strict testing requirements, including
achieving desired impact protection
performance at the specific temperature
range and target weight
• Maintained depth of base sound
Gravi-Tech™ Density Modified Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-11/PCR Color Prediction Service Application Snapshot_Redken.pdf
L’ORÉAL
R E D K E N S H A M P O O B O T T L E S
• Ensure global color consistency across all Redken PCR packaging in order
to launch in North America and Europe at the same time
• Shorten time to launch by simplifying decision making process and avoiding
lengthy lab trials
• Ability to transition to high levels of PCR, and to facilitate transfer from one
PCR to another
• Solution that works with mixed grades of PCR, both rPET and polyolefins
• Created a process with L’Oréal to overcome PCR
coloring challenges and simplify recycled resin
coloration for global consistency
• Helped L’Oréal towards its objective to have 100%
of packaging plastics to be either from recycled or
bio-based sources
• Achieved a perfect color match on the first try in 8
out of 10 cases
PCR Color Prediction Service
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-10/versaflex-top-cover-of-air-cushion-powder-case-study-one-pager.pdf
Cosmetic brands
COSMETIC BRANDS
C O V E R O F A I R C U S H I O N
P O W D E R C O M P A C T
• Low coefficient of friction (COF) to balance the opening
pressure and sealing performance
• General FDA compliance
• Good chemical resistance and barrier protection to water
and oxygen
• Overmold to PP with good compression set
• Delivered chemically resistant material with
excellent sealing properties and good
resilience to achieve requested
performance
• Provided onsite technical support to
improved injection speed and achieve good
bonding performance
• Offered a material solution that could be
leveraged across the customer’s global
cosmetic brands
Custom Versaflex™ TPE
KEY REQUIREMENTS
WHY AVIENT?