https://www.avient.com/sites/default/files/2024-10/Stan Tone HC Plus Menstrual Cups Snapshot.pdf
SILICONE PRODUCT
MANUFACTURER
M E N S T R U A L C U P S
• Biocompatible silicone pigment dispersion that meets
healthcare industry material requirements
• Custom-colored silicone paste colorant dispersion for
liquid silicone rubber (LSR)
• Offered a USP Class VI certified,
biocompatible silicone colorant dispersion
with necessary regulatory support to meet
the stringent demands of healthcare
product manufacturing
• Provided color customization options
through personalized communication and
high-level technical support
Stan-Tone HC Plus Silicone Dispersions
for Healthcare
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-10/Versaflex TPEs - EEG headset- case study snapshot.pdf
artery tourniquet
EEG WEARABLE
MANUFACTURER
P A R T S O F E E G H E A D S E T
• Compliance with medical regulation USP Class VI
• Increase production efficiency with a simple injection
process
• High transparency with soft touch
KEY REQUIREMENTS
COMPLIANCE + SOFT TOUCH
LEARN MORE
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2024-12/Oncolor bio colorant -smartwatch housing -case study snapshot.pdf
FITNESS
SMARTWATCH
BRAND
S M A R T W A T C H H O U S I N G
• Reduce carbon footprint at least 30% by using bio-based
material
• Meet physical properties requirements such as impact
strength, UV resistance, and thermal resistance
• Provide small lot quantity for various colors
• Offered bio-based colorants to support
carbon footprint reduction
• Maintained over 80% of mechanical
properties of materials and passed QSUN &
QUV test
• Offered supply flexibilities in low volume for
a high mix of colors
OnColor Bio Colorants
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2025-04/MAXXAM NHFR Push Buttons Case Study Snapshot.pdf
Appliance Manufacturer
APPLIANCE
MANUFACTURER
P U S H B U T T O N S
• Non-halogen to industry standards
• Lower density
• Good impact properties
• Easy to process
• High aesthetics
• Provided a non-halogenated solution while
improving the performance of the formerly used
halogenated grade
• Supported the project with various expertise in
design, regulatory and technical support
• Helped to reduce the system cost and make our
customer more competitive in the market
Maxxam NHFR Non-Halogen Flame
Retardant Polyolefin Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/China_Suzhou_OHSAS18001_2019Exp.PDF
GLs Th
Derisn and manufa.luro ot Themopl
鏖锺燠
嬲 黜社璐黜 鑫嚣
山 Ⅱ 汹 ‘巾 ¨ 帧 Ⅱ 妒 舳
"0“
岫 枷 啕 、 WⅡ ′
l黜嬲 獭 嫩
泛Oa
ν
北
濒
㈨
|● ,‘烹钔 △ 叻 “ ∞ ·Ⅱ ·酉雨 ● 莎 ●●幽 N"● `约
t艹 9△
●o灬●矿 ●食⒋ 1 1∞
E)
0HsAs1 8001∶ oo
” ··Ⅱ
"硫
,kⅡ 0,ⅡⅡ官●
Th$Ced lc仓怡 s Vεl|】0m24"ay 19
and remans rald suoJe4 oe6ld e θv |‘
r$σ
⒑∞ |
ay2
邳 2
邳 2
∞i
∞
1θ
o7
u‘
Ci^⒉
●|m
0|
Rec仓雨怆a】 on a刂 dl
|$s刂ε‘ Ce雨Πe· Mu
"忉
Ⅱ 9● 仓H sA
Cssn∞ 2‘
s‘ sε‘ir st铜 ●芮 i∝柿 k蓟 铷 i∽ C◇
i9F0官
"●
″灿
"证
i0"●卸 N● 邪 ●●讧Ⅱm | 启●I●| PR 忄“ |
i祁|"阳 翎 ,确 ‘ ∫“ |(
")‘
“⒊a12i、 ●息*W
●内 督
此
`Ⅱ
书
吉力士热塑混合材
oHsAs1 8001∶
J`囤 区吸菏
中国江讪 i
⒍0⒌⒉ 工 2
灼⒈
"市
核
⒛彳⒐0冫19
亦
"llj″
热塑性 ∶链体的设讠及和
该证l‘的有效丿”ti⒛
丿颐 经过符个少水
彳90 2$
效
行
I讪
0i,
}泞眦H煳 2 o⒎o ⒉
I‘
"4I公
△‘j(讧 Ⅱ‘
^灬
贩两
`¢
灬 ●Ⅱ’、奥 Ⅱ‘‘ |Ⅱ ●
"“
Ⅱu●
="∮ `Ⅱ
● △●Ⅱ‘
"40南
∵1|● ‘、W 炉9彳 Ⅱ1△●礻i
品
讨 缃 社 锣 珊 号 γ 猢 扌 弟 !
https://www.avient.com/sites/default/files/2022-08/Avient CDP_Climate_Change_Questionnaire_2022.pdf
Target(s) to increase low-carbon energy consumption or production
Other climate-related target(s)
C4.2a
(C4.2a) Provide details of your target(s) to increase low-carbon energy consumption
or production.
If so, please attach the publication(s).
If so, please attach the publication(s).
https://www.avient.com/sites/default/files/2023-05/AVNT Q1 2023 Earnings Presentation.pdf
AVIENT CORPORATION
F I R S T Q U A R T E R 2 0 2 3 R E S U L T S
(NYSE: AVNT)
M AY 3 , 2 0 2 3
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.
Keeping Safety First
o Relentless focus on best-in-class safety performance as an
ACC Responsible Care® organization
Exceeding Customer Expectations
o Complementary technologies and customer relationships offer
opportunity for future revenue synergies
o Proven innovation-led commercial strategy with strong brands
and participation across the full value chain
Collaboration in Innovation
o Leveraging Dyneema®, the world’s strongest fiber™, to
accelerate growth of sustainable, ultralight and high
performance applications
People – Culture is Everything
o Talented, passionate and collaborative associates drive an
effective integration strategy
o Strong Great Places to Work® scores reflect positive
integration efforts in first year
AVIENT PROTECTIVE MATERIALS INTEGRATION
AVIENT PROTECTIVE MATERIALS
K E Y I N D U S T R I E S
PERSONAL PROTECTION
Military • Law Enforcement • First
Responders • Body Armor • Helmets •
Vehicle Protection
50%
MARINE & SUSTAINABLE
INFRASTRUCTURE
Towing / Mooring • Aquaculture •
Floating Wind • Offshore Cranes
30%
CONSUMER
Consumer • Outdoor High Performance •
Safety Equipment
4 Figures reflect approximate proportions of 2022 sales
Q 1 P ER FO RM A N CE
Q1 2023 PERFORMANCE VS.
National Defense
budget of $842 billion submitted to Congress
in Q1 2023
• European NATO members annual defense
spend expected to increase by up to 20%
Dyneema® is the world’s strongest fiber™
One of the highest strength to weight
ratios of any material on Earth
Direct relationships with industry leading
armor manufacturers
Resistant to most chemicals, UV, and
moisture to handle any environment
Avient Confidential 13
DEFENSE
Source: US Department of Defense, defense.gov, NATO13
Source:
TRANSPORTATION
• Increased EPA regulations requiring
improved fuel efficiency, enabled in part by
lower-weight vehicles
• Automakers preparing for 2/3 of U.S.
vehicles to be 100% electric by 2032
Lightweight panels that establish both
strength and stiffness resulting in
decreased energy usage, lower emissions
Long-lasting Color applications to resist
UV exposure, temperature fluctuations
and exceed the stylistic requirements of
global automakers
14
$130
$530
$0.60
$2.40
2023 GUIDANCE
15
Sales Adjusted EBITDA
$845
$3,400
Adjusted EPS
(in millions) (in millions)
CASH FLOW / LEVERAGE
16
• Maintaining free cash flow
and leverage guidance from
February earnings call
• IT investment to further
integrate acquired
businesses and capture
operational efficiencies
• Restructuring actions to
streamline operations and
improve profitability,
primarily in Europe
($ millions) 2023E
Cash Flow from Operating Activities 350$
Less:
Run-Rate CapEx (110)
CapEx for IT System Upgrade (25)
CapEx for Restructuring (15)
Total CapEx (150)
Free Cash Flow 200$
Adjusted EBITDA 530$
Net Debt / Adjusted EBITDA 2.9x
LONG-TERM REVENUE GROWTH DRIVERS
Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites 10%
Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
17
Sustainable
Solutions
32%
Asia / LATAM
Composites
Other (GDP
Growth)
39%
• Virtual presentation to be held
September 20, 2023
• The company will be
conducting an investor-focused
presentation around our
sustainability solutions portfolio
Avient Confidential 18
SUSTAINABILITY
INVESTOR DAY
18
$340M
$405M
$455M
$550M
$790M
$915M
2016 2017 2018 2019 2020PF** 2021 2022PF***
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2022
($ in millions)
Organic Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
19
*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
***2022 is Pro Forma for the acquisition of Avient Protective Materials and the divestiture of Distribution
$1,175M
Lightweighting
Eco-Conscious
Recycle Solutions
VOC Reduction
Sustainable Infrastructure
Human Health & Safety
Reduced Energy Use
Bio-polymers
SUSTAINABILITY NEEDS BY MARKET
B&C
• Eco-Conscious
• Carbon footprint
• Resource
conservation
• Carbon footprint
• Bio based content
• Eco-Conscious
Automotive
• Light weighting
• Recycled Content
• VOC reduction
• Recycle Solutions
• Carbon Footprint
Packaging
• Recycle Solutions
• Food waste
reduction
Common Theme: CO2 Emission Goals
Increasing Single-Use Plastic Regulation
20
INVESTING
IN INNOVATION
S U S T A I N A B I L I T Y P O R T F O L I O
21
AP P EN D IX
24
RAW MATERIAL 2022 ANNUAL PURCHASES
Performance
Additives
Pigments
12%
TiO2
Dyestuffs
2%
Polyethylene
Nylon
Polypropylene
Styrenic Block
Copolymer
Other Raw
Materials
33%
~40% hydrocarbon based
(Grey shaded materials are hydrocarbon based,
includes portion of “Other Raw Materials”)
Non-hydrocarbon
based materials
• Cost inflation
decelerating,
particularly for
hydrocarbon-based
raw materials
2022 pro forma results for the acquisition of Avient Protective Materials
SEGMENT DATA
U.S. & Canada
40%
37%
18%
2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
24%
Building and
END MARKET REVENUE
$2,355M $402M
$1,300M $272M
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$592M$3,653M
(1)
9%
26
(1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs
C O L O R , A D D I T I V E S & I N K S
2022 REVENUE | $2 .4 B ILL ION
34%
38%
END MARKET REGION
27
34%
21%
Building &
1% Energy
2%
S P E C I A LT Y E N G I N E E R E D M AT E R I A L S
2022 PRO FORMA REVENUE | $1 .3 B ILL ION
END MARKET
52%
35%
REGION
28
19%
8%Industrial
9% Defense
Building &
32%
27%
14%
Building &
3%
1% Defense
1%
(18% of sales)
9%
2022 PROFORMA AVIENT REGIONAL SALES
BY END MARKET
27%
14%
17%
Building &
(37% of sales)Transportation
24%
12%
Building &
US &
Canada
(40% of sales)
56%
23%
Building &
1%
LATAM
(5% of sales)
3%
29
PEER COMPARISONS
AVIENT IS ASSET LIGHT
Capex / Revenue
2023E (%)
Avient Specialty
Other Specialty /
Note: Avient reflects 2023 estimated revenue of $3,400 and estimated run-rate CAPEX of $110M.
31
4 4
5 5 5
6
7
9
FREE CASH FLOW CONVERSION
Note: Free cash flow conversion calculated as (Adjusted EBITDA – Capex) / Adjusted EBITDA.
https://www.avient.com/news/archives?page=9
Avient Introduces Durable Orange Nylon Colorants for High Voltage Electrical Vehicle (EV) Connectors
Avient Introduces durable orange nylon colorants for High Voltage Electrical Vehicle (EV) Connectors, combining high heat and long-term color stabilit
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-fiberglass.pdf
History
The mass production of glass fibers first began in the 1930’s.
E-Glass typically is utilized for its
high modulus properties as S-Glass has a higher breaking tenacity.
Types
E-Glass, S-Glass.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Terms%2520and%2520Conditions%2520of%2520sale%2520France.pdf
Si les parties ne
réussissent pas à se mettre d'accord à ce sujet pour
appliquer de tels changements dans les soixante (60)
jours suivant cette notification, le Vendeur aura alors
le droit de résilier la (les) commande(s) concernée(s)
immédiatement par notification écrite à l'Acheteur.
7.
Lorsque la Force Majeure prendra fin, l'exécution des
obligations devra reprendre sans que les retards
engendrés (sauf accord mutuel des parties) n'entraînent
la prorogation du terme de la (les) commande(s)
concernée(s) ou n'obligent le Vendeur à compenser les
livraisons ou l'Acheteur à acheter les quantités dont il
a été ainsi privé.
Sauf en cas de Force Majeure,
l'Acheteur, s'il n'est satisfait des dispositions prises par
le Vendeur, pourra résilier la (les) commande(s)
concernée(s) (i) avec un préavis écrit de dix (10) jours
et (ii) sur paiement de tous les Produits déjà reçus,
sans autre obligation.