https://www.avient.com/news/oncolor-wc-wire-and-cable-colorants-feature-cost-effective-performance
Breakthrough technologies that minimize wastewater and improve the recyclability of materials and packaging across a spectrum of end uses
https://www.avient.com/products/vinyl-formulations/vinyl-plastisols-organosols/core-vinyl-plastisols
Recycle Solutions
https://www.avient.com/products/polymer-additives/uv-and-light-blocking-additives/colormatrix-lactra-esl
Supports enhanced recyclability
https://www.avient.com/knowledge-base/article/eliminate-paint-these-three-vehicle-components
Rejections because of painting imperfections are eliminated, and what little scrap is left can be easily recovered and recycled back into the manufacturing process, saving time and money.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Financial%2520Review.pdf
Page 93
• Versus 2010, revenue growth of 9% drives 23% increase
in adjusted operating income
• Adjusted EPS expands 29% to all-time high of $1.02
Net Sales Adjusted Operating
$1.02
Adjusted EPS
$2,622 $2,643
$2,739
$2,061
$2,622
$2,864
Net Sales
$88 $87
$72
$59
$147
$181
Adjusted Operating
Income
$0.12
$0.27
$0.21
$0.13
$0.79
$1.02
($ millions) ($ millions)
Page 94
• Each platform contributed to our year over year
operating income growth
• Record OI achieved in Specialty and POD
• Ten quarters of double-digit adjusted EPS expansion
POD PP&SSpecialty Platform
ROS%* 0.6% 1.5% 3.2% 4.3% 5.3% 8.4% 8.0% 2.9% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.7% 5.5% 6.1% 3.1% 5.0% 7.0% 7.2%
$20 $19
$22
$28
$25
$42
$56
I
POD
$76
$64 $66
$31 $33
$54
$62
In
PP&S
$5
$13
$31
$46 $46
$87 $89
I
Specialty Platform
*ROS% is defined as adjusted operating income % of revenue
Page 95
• Continued portfolio repositioning
� Sale of SunBelt equity investment
� Acquisition of specialty companies ColorMatrix and Uniplen
• World-class working capital of 9.6% maintained while
improving on-time delivery to 94%improving on-time delivery to 94%
81%
87%
88%
95%
93% 92%
94%
2005 2006 2007 2008 2009 2010 2011
14.3%
16.2%
14.4%
18.9%
11.7%
9.6% 9.6%
2005 2006 2007 2008 2009 2010 2011
On-Time Delivery Working Capital % of Sales
Page 96
First Quarter 2012 Highlights
• Revenues increased 9%
over Q1 2011 to a new
quarterly record
• Adjusted EPS increased 12%
$0.26
$0.29
Adjusted EPS
• Adjusted EPS increased 12%
over prior year
• All platforms delivered
double-digit operating
income growth
$25.2
$14.7
$29.1
$17.8
$16.7
Specialty PP&S POD
Adjusted Operating Income
$14.3
Page 97
• Total Debt at 3/31/12
Less: Cash
Net Debt
• Available Liquidity
$706
186
$520
$360
$250
$350
$400
$450 Debt Maturities
As of March 31, 2012
Debt Maturities & Liquidity Summary – 3/31/12
• Available Liquidity
Cash
ABL Availability
Total Liquidity
• Net Debt / EBITDA* = 1.9x
$186
156
$342
*Adjusted EBITDA TTM Pro forma for ColorMatrix
$50
$0
$50
$100
$150
$200
$250
2015 2017 2020
Page 98
• Repurchased 6
million shares in
2011
Share Share
RepurchaseRepurchase
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
DividendsDividends
• Expanding our
sales, marketing,
and technical
capabilities is top
Organic Organic
GrowthGrowth
• Targets that expand our:
• Specialty offering
• End market presence
AcquisitionsAcquisitions
Use of Cash
Current Cash Balance = $186M
Net Debt / EBITDA* = 1.9X
• 7.9 million shares
remain available
for repurchase
under the current
authorization
increased in Q1
2012
• Objective of
maintaining and
growing
capabilities is top
priority
• Investing in
operational and
LSS initiatives
• CAPEX
• End market presence
• Geographic footprint
• Synergy opportunities
• Adjacent material solutions
*Adjusted EBITDA TTM Pro forma for ColorMatrix
Page 99
Page 100
https://www.avient.com/sites/default/files/2021-08/resound-r-pc-phone-case-one-pager-case-study.pdf
INCIPIO
P H O N E C A S E
• Customized a post-consumer recycle (PCR)
grade formulated with 30% recycled content
that delivered similar performance to a
prime PC grade
• Achieved high yield rate through strict
quality control over recycled products
• Offered RoHS and REACH compliant
solution to support applications with
regulatory requirements
reSoundTM R PC Recycled Material
WHY AVIENT?
KEY REQUIREMENTS
• Post-consumer recycled material to reduce carbon
footprint
• Maintain high transparent color even after using recycled
PC
• Stable color range and strict black spot control
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/resound-r-pc-recycled-polycarbonate-solutions
https://www.avient.com/sites/default/files/2022-05/ColorMatrix Amosorb Solo Technical Bulletin.pdf
ColorMatrix™ Amosorb™ SolO2: a recyclable solution
Recyclability has become a fundamental
requirement for convertors and brand owners.
Providing
solutions that are considered recyclable within the
colored bottle stream will thus be an integral part
of the recyclability strategy for both convertors and
brand owners.
Avient undertook a recyclability study to show
how bottles containing 0.09% Fortis Amber-1 and
4% Amosorb SolO2-2 achieve optimal results when
going through two full loops of recycling.
https://www.avient.com/knowledge-base/article/thermoplastic-elastomer-tpe-faqs?rtype[]=1164
Until as recently as 1996, the six primary TPE types could be categorized into two generic classes, block copolymers (styrenics, copolyesters, polyurethanes and polyamides) or thermoplastic/elastomer blends & alloys (thermoplastic polyolefins and thermoplastic vulcanizates).
Scrap is fully recyclable
https://www.avient.com/knowledge-base/article/thermoplastic-elastomer-tpe-faqs
Until as recently as 1996, the six primary TPE types could be categorized into two generic classes, block copolymers (styrenics, copolyesters, polyurethanes and polyamides) or thermoplastic/elastomer blends & alloys (thermoplastic polyolefins and thermoplastic vulcanizates).
Scrap is fully recyclable
https://www.avient.com/sites/default/files/2023-03/OnColor NIR Sortable Colorants Product Bulletin.pdf
OnColor™ NIR Sortable Colorants
Near-Infrared Sortable Black and Dark Colorants for Recyclable Packaging
OnColor™ NIR Sortable Colorants for recyclable black
and dark packaging promotes correct sorting and
recycling of dark polymers.
This solution permits
black and dark color polymers to be detected by
near-infrared (NIR) automatic sorting equipment,
enabling subsequent recycling.
It is well known that detection and sorting of black
or dark packaging in material recovery facilities is a
complex issue affecting the packaging and recycling
industries extensively.