https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Italy.pdf
The sale of
Product or the providing of samples or developmental
material shall not, by implication or otherwise, convey any
license under any intellectual property right relating to the
compositions and/or applications of the Product, sample, or
developmental material, as applicable.
Seller has
no liability for the failure of discharge or unloading
equipment or materials used by Buyer, whether or not
supplied by Seller.
Divieto di Pubblicità
Buyer shall not use Seller’s name or trademarks in any
advertisements, product descriptions, packaging materials,
websites, or any other promotional materials, except with the
prior written consent of Seller.
https://www.avient.com/sites/default/files/2023-01/Avient Audit Committee Charter.pdf
Obtain material written communications between the independent auditor and management,
including, but not limited to, the management letter and schedule of unadjusted differences.
11.
Review and discuss with management,
the chief legal officer and the independent auditor the Company’s compliance with laws and
regulations with respect to matters that may have a material impact on the financial statements.
Periodically review with the chief legal officer any legal or regulatory proceedings or matters or
other contingent liabilities, including any correspondence with, or other actions by, regulators or
governmental agencies, that may have a material impact on the Company’s financial statements
or compliance programs, along with any material pending claims and litigation involving the
Company.
6.
https://www.avient.com/sites/default/files/2021-10/microbial-susceptibility-of-various-polymers-and-evaluation.pdf
doi=10.1002%2Fpen.25815&domain=pdf&date_stamp=2021-10-12
antimicrobial products has also illuminated the additional
benefits they may offer as an additive for material
preservation.
Durometer hardness was measured in accor-
dance with American Society for Testing and Materials
(ASTM) D2240 and values were reported following a 10-s
delay.
Hamel, Directory of microbicides for
the protection of materials: a handbook (Ed: W.
https://www.avient.com/sites/default/files/2023-08/Avient General Purchase Conditions.pdf
For
materials ordered by a U.S.
Section 307 of the Tariff Act of
1930 (19 U.S.C. § 1307), in the manufacture or
supply of any materials or services for Avient.
Ownership and intellectual property
16.1 Any and all information, data, property
or materials disclosed to Supplier remains the
property of Avient.
https://www.avient.com/sites/default/files/2022-06/Maxxam FR Injection Molding Processing Guide.pdf
Drying non-halogenated materials is suggested.
2 hours @ 100 (38)
Moisture Range
(%)
Not required
Vents should be placed at the intersection of each 90° bend in the runner
system off of the cold slug well and vented to atmosphere
Black Specks
Contamination
• Purge barrel with general purpose PP
• Verify correct nozzle is being used
• Pull screw for cleaning
Degraded/overheated
material
• Decrease melt temperature
• Decrease injection speed
• Use appropriately sized barrel
Brittleness
Degraded/overheated material
• Decrease melt temperature
• Decrease injection speed
• Use appropriately sized barrel
Gate location and/or size
• Relocate gate to nonstress area
• Increase gate size to allow higher flow rate and
lower molded-in stress
Burning
Process related
Mold design • Clean, widen and increase number of vents
• Increase gate size to reduce shear
Fibers/Minerals on
Surface or Uneven
Surface Appearance
Melt temperature too low
• Increase injection speed
Insufficient packing • Increase hold pressure and time
Flash
Injection pressure
too high
• Decrease injection pressure
• Increase clamp pressure
• Increase transfer position
Excess material volume
• Decrease pack pressure
• Decrease shot size
Melt and/or mold too hot
• Decrease screw speed
Loose clamp • Reset mold height
• Increase clamp tonnage
Troubleshooting Recommendations
Incomplete Fill
Melt and/or mold too cold
• Increase nozzle and barrel temperatures
Mold design
• Enlarge or widen vents and increase number
of vents
• Check that vents are unplugged
• Check that gates are unplugged
• Enlarge gates and/or runners
• Perform short shots to determine fill pattern
and verify proper vent location
• Increase wall thickness to move gas trap to
parting line
Shot size • Adjust transfer position to 98% full
Nozzle Drool Nozzle temperature too hot
• Decrease nozzle temperature
• Increase screw decompression
Shrink
Too much shrink • Increase cooling time
Too little shrink • Decrease cooling time
Sink Marks
Part geometry too thick • Reduce wall thickness
• Reduce rib thickness
Melt too hot • Decrease nozzle and barrel temperatures
Insufficient material
volume
• Increase packing pressure
Troubleshooting Recommendations (continued)
Sticking in Mold
Overfilled cavity
• Decrease injection rate and pressure
• Decrease hold pressure
• Decrease cooling time
Mold design • Increase draft angle
• Polish cores in direction of ejection
Part is too hot
• Increase cooling time
Warp
Process related
• Increase cooling time
• Increase pack pressure
• Increase pack time
Mold design • Inspect for non-uniform mold cooling
Part design • Inspect for non-uniform wall thickness
Temperature control unit
incorrect temperature
• Check settings
• Inspect thermocouple
Weld Lines
Melt front temperatures
are too low
• Increase pack and hold pressure
Mold design
• Increase gate size
• Perform short shots to determine fill pattern
and verify proper vent location
• Add vents and/or false ejector pin
• Move gate location
1.844.4AVIENT
www.avient.com
Copyright © 2022, Avient Corporation.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2020-09/stat-tech-tri-fold-processing-guide.pdf
These materials combine the performance
of select engineering resins with reinforcing additives, such as carbon powder, carbon fiber, nickel-coated carbon fiber and
stainless steel fiber, for low-to-high levels of conductivity depending upon application requirements.
Cold Slug Wells
• Place these wells at the base of the sprue to capture the cold material first
emerging from the nozzle
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2021-03/avient-march-ir-fermium_0.pdf
Our formulation
expertise supports material science decisions, while our
processing expertise guides customers to use the materials
properly.
WHAT WE DO: MATERIAL SCIENCE
5
CUSTOM
FORMULATION
We sell solutions not commodities.
Simply put…
We solve customers’ most pressing material science challenges.
https://www.avient.com/sites/default/files/2021-02/avient-ir-presentation-goldman-sachs-and-morgan-stanley.pdf
Our formulation
expertise supports material science decisions, while our
processing expertise guides customers to use the materials
properly.
WHAT WE DO: MATERIAL SCIENCE
5
CUSTOM
FORMULATION
We sell solutions not commodities.
Simply put…
We solve customers’ most pressing material science challenges.
https://www.avient.com/sites/default/files/2022-11/AVNT Q3 2022 Earnings Presentation - Website Final.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.
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
To provide comparable results, the company references “pro forma” financial
metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
https://www.avient.com/sites/default/files/AVNT Q1 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.
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; 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.
Three Months Ended
March 31,
2023 2022
Sales:
Color, Additives and Inks $ 537.0 $ 649.5
Specialty Engineered Materials 309.7 243.1
Corporate (1.0) (0.4)
Sales $ 845.7 $ 892.2
Gross margin:
Color, Additives and Inks $ 162.0 $ 192.1
Specialty Engineered Materials 93.9 68.4
Corporate (8.3) (6.1)
Gross margin $ 247.6 $ 254.4
Selling and administrative expense:
Color, Additives and Inks $ 96.4 $ 97.6
Specialty Engineered Materials 50.8 30.1
Corporate 43.3 24.5
Selling and administrative expense $ 190.5 $ 152.2
Operating income:
Color, Additives and Inks $ 65.6 $ 94.5
Specialty Engineered Materials 43.1 38.3
Corporate (51.6) (30.6)
Operating income $ 57.1 $ 102.2
Depreciation & amortization:
Color, Additives and Inks $ 25.8 $ 26.0
Specialty Engineered Materials 21.2 7.8
Corporate 3.5 3.8
Depreciation & Amortization $ 50.5 $ 37.6
Earnings before interest, taxes, depreciation and amortization (EBITDA):
Color, Additives and Inks $ 91.4 $ 120.5
Specialty Engineered Materials 64.3 46.1
Corporate (48.1) (26.8)
Other income (expense), net 0.7 (0.6)
EBITDA $ 108.3 $ 139.2
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.