https://www.avient.com/sites/default/files/2023-08/Maxxam BIO Bio-Based Polyolefin Formulations Product Bulletin.pdf
KEY CHARACTERISTICS
Formulated with bio-based resin and/or
10–50% filler from renewable plant sources,
Maxxam BIO formulations:
• Reduce product carbon footprint
• Achieve equivalent performance to standard
polyolefin formulations
• Provide good stiffness, durability, impact
resistance and UV stability
• Deliver good surface finish and are easy to color
• Enable customized performance characteristics
depending on application need
• Offer food contact compliance
MARKETS AND APPLICATIONS
Maxxam BIO formulations are suitable for use across
many industries and applications where traditional
polyolefin materials are used, including:
• Transportation Interior Applications -
Decorative profiles, trunk side liners, pillars,
T-cup
• Industrial - Structural parts, furniture
• Consumer - Household goods, personal care
items, packaging, office supplies, food contact
applications
• Electrical and Electronic – Housings, buttons,
junction boxes
SUSTAINABILITY BENEFITS
• Formulated with bio-based resin and/or
10–50% natural filler
• Utilize natural filler from renewable plant
sources including olive seed based powder
and cellulose fiber
• Offer a lower product carbon footprint
compared to traditional petroleum-based
feedstock
• Can be recycled at end of life
PRODUCT BULLETIN
CHARACTERISTICS UNITS
Maxxam BIO
MX5200-5036
Natural FD
Maxxam BIO
MX5200-5030
Natural FD
Maxxam BIO
MX5200-5030
Natural FD X1
Maxxam BIO
MX5200-5001
Maxxam BIO
MX5200-5033
Maxxam BIO
MX5200-5034
Maxxam BIO
MX5200-5035
Filler/Reinforcement Unfilled Unfilled Unfilled 30%
Glass Fiber
10%
20%
30%
Density
(ISO 1183) g/cm 0.90 0.90 0.90 1.12 0.96 1.03 1.12
Tensile Modulus
(ISO 527-1) @ 23°C MPa 1500 1000 1000 6400 1350 1650 2100
Tensile Stress
(ISO 527-2) @ 23°C MPa 27.0 20.0 20.0 75.0 13.0 14.0 15.0
Tensile Strain
at Break
% 5 50 50 3.0 50 37 18
Charpy Notched
(ISO 179) kJ/m 5 20 25 10 12 10 10
CHARACTERISTICS UNITS
Maxxam BIO
MX5200-5023
RS HS HI
Natural 70
Maxxam BIO
MX5200-5025
RS HS
Natural 70
Maxxam BIO
MX5200-5004
RS HS
Maxxam BIO
MX5200-5003
RS
Maxxam BIO
MX5200-5009
RS HS Natural
70
Maxxam BIO
MX5200-5024
RS HS
Maxxam BIO
MX5200-5022
RS HS
Filler/Reinforcement
15%
Olive Seed
Based
25%
Olive Seed
Based
30%
Olive Seed
10%
35%
Olive Seed
5%
15%
Olive Seed
17%
Glass Fiber/
20%
Olive Seed
20% Glass/
10%
Olive Seed
20%
Density
(ISO 1183) g/ccm 1.00 1.15 1.10 1.07 1.09 1.25 1.10
Tensile Modulus
(ISO 527-1) @ 23°C MPa 1750 2000 2700 2500 3800 3500 4100
Tensile Stress
at Break
MPa 21.0 20.0 30.0 20.0 40.0 35.0 42.0
Tensile Strain
at Break
% 24 5 3 5 3 4 2
Notched Izod
(ISO 180) kJ/m 15 7 3 2 5 15 7
MAXXAM BIO POLYOLEFINS – BIO-BASED RESIN – TECHNICAL PERFORMANCE
MAXXAM BIO POLYOLEFINS – OLIVE SEED BASED FILLER – TECHNICAL PERFORMANCE
CHARACTERISTICS UNITS
Maxxam BIO
MX5200-5029 NF HI
UV Black X1
Maxxam BIO
MX5200-5032 NFS
UV Natural
Maxxam BIO
MX5200-5020 NF/NFS
UV Natural X1
Maxxam BIO
MX5200-5016 NF
Natural
Filler/Reinforcement 10% Cellulose Fiber 20% Cellulose Fiber 30% Cellulose Fiber 40% Cellulose Fiber
Density
(ISO 1183) g/ccm 0.95 1.00 1.02 1.07
Tensile Modulus
ISO 527-1) @ 23°C MPa 1550 1750 2640 3600
Tensile Stress at Break
(ISO 527-2) @ 23°C MPa 33 30 48 55
Tensile Strain at Break
(ISO 527-2) @ 23°C % 8 12 9 4
Charpy Notched Impact
Strength (ISO 179/1eA) kJ/m2 5 6 5 5
Charpy Unnotched Impact
Strength (ISO 179/1eU) kJ/m2 33 49 38 30
MAXXAM BIO POLYOLEFINS – CELLULOSE FIBER FILLER – TECHNICAL PERFORMANCE
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2024-12/ISO9001_English_Suzhou ColorMatrix.pdf
CNAS C001-M
i�,i�
Signed by: Xie Zhaoxu
MEMBER OF
•••••
. . . . ....
.. ·.•······
https://www.avient.com/sites/default/files/2022-09/Avient Pro Forma Financial Information.pdf
AVIENT CORPORATION
P R O F O R M A F I N A N C I A L S F O R D Y N E E M A
A C Q U I S I T I O N A N D D I S T R I B U T I O N A S
D I S C O N T I N U E D O P E R A T I O N S
(NYSE: AVNT)
S E P T E M B E R 2 7 , 2 0 2 2
DISCLAIMER
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
https://www.avient.com/sites/default/files/2021-12/Chemically Resistant Materials Whitepaper.pdf
M.; Edwards, J.
M.
M.
https://www.avient.com/sites/default/files/2024-03/2024 Proxy Statement_March.pdf
Abernathy 69 2018 Yes M M
Richard H.
Goff 67 2011 Yes M C
Neil Green 54 2021 Yes M M
William R.
Khandpur, Ph.D. 56 2023 No
Sandra Beach Lin 66 2013 Yes M M
Kim Ann Mink, Ph.D. 64 2017 Yes M M
Ernest Nicolas 46 2021 Yes M M
Kerry J.
https://www.avient.com/sites/default/files/2022-03/Avient 2022 Proxy Statement.pdf
Abernathy 67 2018 Yes M M
Richard H.
Goff 65 2011 Yes M C
Neil Green 52 2021 Yes M M
William R.
Jellison 64 2015 Yes C M
Sandra Beach Lin 64 2013 Yes M M
Kim Ann Mink, Ph.D. 62 2017 Yes M M
Ernest Nicolas 44 2021 Yes M M
Robert M.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Investor Presentation_website w Non-GAAP.pdf
Microsoft PowerPoint - AVNT Q1 2024 Investor Presentation
AVIENT CORPORATION
I N V E S T O R P R E S E N T A T I O N
(NYSE: AVNT)
M AY 2 0 2 4
DISCLAIMER
Forward-Looking Statements
Certain statements contained in or incorporated by reference into this presentation constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995.
For the same reasons, Avient is unable to address the probable significance of the unavailable information.
3
AVIENT OVERVIEW
OUR VISION: Creating specialized and sustainable materials solutions that transform customer challenges into opportunities, bringing new products to life for a better world
2023 Financial ResultsCompany Overview Revenue By:
9,300
Employees
102
Manufacturing
Sites
20,000+
Customers
Key Highlights
Premier formulator of specialized
and sustainable materials solutions
Asset-light business model, with
flexibility to adapt to customer needs
Best-in-class technology and service
(140+ PhDs / 2,500+ patents)
History of transformation through
successful M&A while consistently
returning cash to shareholders
Poised for continued future growth in
excess of GDP
$3.14B
Revenue
$2.36
$502M
Adjusted EBITDA
16.0%
Adjusted EBITDA Margins
$186M
Adjusted Free Cash Flow
Over $1B in share
buybacks since 2011
Raised dividend for
13 consecutive years,
a 15% CAGR since
2011
U.S. &
Canada
64%
Specialty
Engineered
Materials
Color
Additives
and Inks
41%
23%
19%
10% 5% 4%
Building &
Energy Telecom
Geography
Segment
Industry
CREATING A WORLD-CLASS
SUSTAINABLE ORGANIZATION
1. 6% annualized long term sales
growth leveraging sustainable
solutions, composites, healthcare
and emerging regions
2.
Continue fostering our Great
Place to Work® culture
Strategic ObjectivesStrategic Objectives
Long Term
Growth
Rates
Growth DriversGrowth Drivers
$340
$455
$790
$1,135
$51
$84
$212
$645
$108 $113
$231 $230
$265
$358
$726 $725
8-12% 8-10% 8-10% 5%
Sustainable Solutions Composites Healthcare Asia/Emerging Regions
Profitable GrowthProfitable Growth Great Place to WorkGreat Place to Work
5.4%
10.9%
16.0%
2006 2014 2023
EBITDA Margins
$0.14
$1.93
$2.36
2006 2014 2023
TOP-TIER SUSTAINABILITY PERFORMANCE
AND RECOGNITION
Industry Sustainability Standards
ESG Ratings Performance
1
87th
94th
percentile
5
Avient CDP Score:
A-
M AY 7 , 2024
W EB CAS T
P RE SE N TATI O N
7
REGIONAL DEMAND TRENDS-TOTAL COMPANY
Q 1 S A L E S V S P Y ( E X C L U D I N G F X )
7
+2%
-6%
Flat
+2%
Avient ex.
https://www.avient.com/sites/default/files/resources/Novel_Thermoplastic_elastomers_for_overmolding_applications.pdf
Surface energy match of various thermoplastic elastomers with rigid thermoplastics
Engineering
Plastics
Polyamide 6,6
ABS
Polycarbonate
Acrylic
Polystyrene
Polypropylene
Polyethylene
Elastomer
COPA
TPU
COPE
S-TPE
TPV
mPE
Surface
Energy (mN/m)
46
43
40
37
34
31
28
Engineering
Plastics
Polyamide 6,6
ABS
Polycarbonate
Acrylic
Polystyrene
Polypropylene
Polyethylene
Elastomer
COPA
TPU
COPE
S-TPE
TPV
mPE
Surface
Energy (mN/m)
46
43
40
37
34
31
28
Figure 2.
F
O m
C
O *C
n
C*
O *m
*z
C C
C N
HH
* x
y
C H 3 O
C H 3
O* O C *n
285-056 Peel adhesion
3.23
3.06 3.063.063.062.89
2.89 2.89
2.72 2.72
3.06
2.38
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
Lexan 141 Cycolac MG38 Cycoloy C2950 Xenoy 5220 Xenoy 1339
Injection speed: 25 mm/sec
l,
Melt temp: 190°C Melt temp: 200°C Melt temp: 220°C
Figure 5: GLS 285-056 adhesion values overmolded onto PC, ABS, PC/ABS and PC/PBT over a wide range of melt
emperatures of the TPE. t
285-056 peel adhesion
2.893.06
2.38
2.55 2.55
3.063.06
25 50 75
Injection velocity, mm/sec
l,
Lexan 141 Cycolac MG38 Cycoloy C2950 Xenoy 5220
Figure 6: GLS 285-056 adhesion values overmolded onto PC, ABS, PC/ABS and PC/PBT over a wide range of injection
peeds. s
285-056 tensile properties: initial & aged after 1 week at 70°C.
2.35
1.60
2.77
2.30
1.66
2.77
Figure 7: Physical property retention of GLS 285-056 after 1week at 70°C.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Sachs%2520Conference%2520-%2520November%25202015.pdf
PolyOne Corporation Page 4
PolyOne Commodity to Specialty Transformation
• Volume driven,
commodity producer
• Heavily tied to
cyclical end markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2014 2015 and beyond
• Steve Newlin
appointed, Chairman,
President and CEO
• New leadership team
appointed
• Implementation of four
pillar strategy
• Focus on value based
selling, investment in
commercial resources
and innovation to drive
transformation
• Substantial EPS growth
from $0.13 to all-time
high of $1.80
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Specialty mix expands
to 65% of Operating
Income – strongest mix
of earnings in history
• Accelerating growth
• Deliver consistent
double digit annual
EPS growth
• Maintain >35% vitality
index
• Pursue strategic
acquisitions that
expand specialty
offerings and
geographic breadth
• Invest and grow
current and next
generation talent
PolyOne Corporation Page 5
Building &
10%
Electrical &
11%
9%
Distribution
28%
PP&S
Specialty
52%
69%
13%
7% Asia
2014 Revenues: $3.8 Billion
End Markets
2014 Revenues: $3.8 Billion
PolyOne
At A Glance
$0.12
$0.27 $0.21 $0.13
$0.68
$0.82
$1.00
$1.31
$1.80
2006 2007 2008 2009 2010 2011 2012 2013 2014
Adjusted EPS
PolyOne Corporation Page 6
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
65% 66%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014 YTD 2015 2020
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
80%+
Specialty OI $5M $46M $87M $195M $242M $183M
Mix Shift Highlights Specialty Transformation
Transformation
2020
Platinum
Vision
Platinum
Vision
PolyOne Corporation Page 7
2006 YTD 2015 2020
“Where we were” “Where we are” Platinum Vision
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 17.2% 20%+
Global Specialty Engineered
Materials 1.1% 15.1% 20%+
Designed Structures & Solutions 1.4% (2012) 3.5% 12 – 14%
Performance Products &
Solutions 5.5% 8.1% 10 – 12%
Distribution 2.6% 6.6% 6.5 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 66% 80%+
3) ROIC 5.0% 11.9% 15%
4) Adjusted EPS Growth N/A
24 Consecutive
Quarters of YOY
EPS Growth
Double Digit
Expansion
Proof of Performance & 2020 Goals
PolyOne Corporation Page 8
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
$20
$52
2006 TTM
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
28%
2006 TTM
Specialty Platform
Gross Margin %
12%
43%
2006 TTM
Specialty Vitality Index Target ≥ 35%
TTM 9/30/15 TTM 9/30/15 TTM 9/30/15
PolyOne Corporation Page 9
Innovation Pipeline Potential
Prototype Frame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
12
4
9
6
1
6
3 7 4
5
6
1
1
7
2
Breakthrough
Platform
Derivative
Number of Projects 12 10 23 19 10 74
Specialty
Addressable Market
($ millions)
- - $1,150 $1,000 $250 $2,400
PolyOne Corporation Page 10
Lightweighting with Advanced Composites
Increasing Healthcare Penetration
Innovation Initiatives
Expansion in Consumer Markets
New Market Development
$$$ $$ $
High Temperature Polymers
PolyOne Corporation Page 11
Design and Service as a Differentiator
Right Material &
Color
Desired
Product Design
Appropriate
Manufacturing Process
Delivering Concept to
Commercialization
Connecting
the Dots with
iQ Design Labs and
InVisiO Color Design
PolyOne Corporation Page 12
Customer First Through World-Class Service
Strengthening relationships through:
Providing LSS services to small/medium sized customers
• Supporting customers who lack their own formal process improvement initiatives
Providing training in Customer Centric Selling Skills with customers’
sales force
PolyOne Corporation Page 13
60%
97%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 Q3 2015
Pension Funding**
As of September 30, 2015
Debt Maturities & Pension Funding
Net Debt / Adjusted EBITDA** = 2.1x
$49
$121
$317
$600
$400
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2018 2020 2023
Debt Maturities
As of September 30, 2015
($ millions)
Coupon Rate: 7.500% Variable* 7.375% 5.250%
** includes US-qualified pension plans only *Weighted average rate on revolver was 2.49% as of 9/30/15 **TTM 9/30/2015
PolyOne Corporation Page 14
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
Expanding our sales,
marketing, and
technical capabilities
Investing in operational
and LSS initiatives
~75% of capital
expenditures fund
growth initiatives Organic
Growth
Acquisitions
Share
Repurchases
Dividends
$0.16
$0.20
$0.32
$0.40
$0.48
$0.10
$0.20
$0.30
$0.40
$0.50
2011 2012 2013 2014 2015 2016
Annual Dividend
Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Synergy opportunities
Adjacent material
solutions
Repurchased nearly
2.4 million shares in Q3
2015
Repurchased 14.8
million shares since
early 2013
5.2 million shares are
available for
repurchase under the
current authorization
$0.24
PolyOne Corporation Page 15
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2022-06/Nymax BIO Bio-based Polyamide Solutions Processing Guide.pdf
Parameters NM5600-8002 RS NM5600-8004 RS
Drying Temperature 100–120°C 100–130°C
Drying Time 4–6 hours 4–6 hours
Barrel Temperature °C °C
Rear Zone 250–270 260–270
Central Zone 260–280 270–290
Front Zone 270–295 290–305
Nozzle 290–300 290–300
Mold Temperature 80–100 80–100
Screw Speed Moderate Moderate
Back Pressure 3–10bar 3–10bar
Cushion stroke 5–10% of plasticizing stroke 5–10% plasticizing of stroke
Injection Speed Medium Medium
Injection Pressure Medium–high Medium–high
Holding Pressure 30–50% of injection pressure 20–40% of injection pressure
Screw Type General purpose General purpose
Screw L/D 20:1 20:1
Screw Compression Ratio 2.5:1 2.5:1
Non-return Check Valve Free flow check ring Free flow check ring
Nozzle Type Reverse taper Reverse taper
Barrel Capacity 30–80% of barrel should be used
Processing Guide 2
Start Up & Shut Down Recommendations
Purge Compound 1. 2–3 melt flow PP or purging compound.