https://www.avient.com/knowledge-base/case-study/reducing-weight-automotive-parts?psfam[]=10812
In collaboration with a leading German car producer, Avient was requested to reduce a dashboard carrier’s weight while keeping part performance and mechanical properties.
Using Hydrocerol with core-back molding technology, a process in which the mold is opened slightly to further reduce pressure and allow the foam core to expand, Avient helped the customer leverage density reduction to lower finished part weight.
Hydrocerol plays a critical role in an Avient-wide program to support a sustainable plastics industry.
https://www.avient.com/knowledge-base/case-study/reducing-weight-automotive-parts?pname[]=17692
In collaboration with a leading German car producer, Avient was requested to reduce a dashboard carrier’s weight while keeping part performance and mechanical properties.
Using Hydrocerol with core-back molding technology, a process in which the mold is opened slightly to further reduce pressure and allow the foam core to expand, Avient helped the customer leverage density reduction to lower finished part weight.
Hydrocerol plays a critical role in an Avient-wide program to support a sustainable plastics industry.
https://www.avient.com/knowledge-base/case-study/reducing-weight-automotive-parts?ind[]=6601
In collaboration with a leading German car producer, Avient was requested to reduce a dashboard carrier’s weight while keeping part performance and mechanical properties.
Using Hydrocerol with core-back molding technology, a process in which the mold is opened slightly to further reduce pressure and allow the foam core to expand, Avient helped the customer leverage density reduction to lower finished part weight.
Hydrocerol plays a critical role in an Avient-wide program to support a sustainable plastics industry.
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
Deliver cumulative annual revenue
growth from sustainable solutions
portfolio of 8-12%
Assess top 90% of supplier spend for alignment
with Avient Sustainability objectives.
D
is
t.
)
LB
Median: 5%Median: 3%
Avient reflects 2021 estimated revenue of $4,650M and excludes one-time synergy capture CAPEX ($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.
With the Clariant Masterbatch
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
25
Avient reflects 2021 estimated EBITDA of $580M
OUR VALUATION VERSUS PEERS
Avient Specialty
Other
9.5
18.5
15.1 15.1
14.0
11.0 10.4
29.5
28.2
23.9
18.7
12.4 12.2
11.1
9.3 9.2 9.2
7.6 7.6
6.0
en
t
Median: 11.1xMedian: 14.6x
SUMMARY: WHY INVEST IN AVIENT?
https://www.avient.com/industries/healthcare/drug-delivery-systems/prefilled-syringes
Additionally, plastic prefilled syringes can be color-coded for easy identification and customized to meet specific opacities in polypropylene (PP) resin, while laser marking additives can help create precise, solvent-free markings.
Learn more about how Avient's medical-grade polymers, colorants and additives can enhance effectiveness and safety.
https://www.avient.com/news/avient-features-sustainable-composite-materials-jec-world-2022
Avient will also feature Complēt™ R long-fiber-reinforced composites for injection molding that incorporate from 50% to 100% post-consumer recycled nylon 6 reclaimed from end-of-life fishing nets.
We’re committed to helping our customers meet their sustainability goals in a variety of ways with our composites portfolio,” said Chris Pederson, president, Specialty Engineered Materials at Avient.
Avient is exhibiting in Hall 6, Booth R32 at JEC World from May 3-5, 2022.
https://www.avient.com/sites/default/files/2023-03/AVNT Mar 2023 Earnings Presentation.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.
Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share and Free Cash Flow, to the most comparable GAAP financial measures on a forward-looking
basis because Avient is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
GUIDANCE
DEBT / LEVERAGE REDUCTION
• Completed sale of Distribution
and paid down $750M of debt
in November
• Strong free cash flow in fourth
quarter reduced leverage and
enabled paydown of additional
$200M of debt
• Fixed/Floating Debt Ratio 63/37
• Proven track record of
deleveraging following
acquisitions through consistent
free cash flow generation
$725 $725 $725
$575 $500 $400
$600
$525
$425
$650
$650
$650
$600
$2.40B
$2.20B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
After Distribution
Divestiture
Year-End
8
Year-End
Leverage 3.8x 3.1x 2.9x
2023 Notes
After Avient
Protective Materials
Acquisition
$3.15B
2022 TRANSFORMATIONAL PORTFOLIO
ENHANCEMENTS
9
EBITDA margins expanded
from 12% to 16%
Diversified end markets
with reduced exposure to
more cyclical industries
Dyneema®
Acquisition
$1.48B acquisition
strengthens composites
platform
Significantly improved
EBITDA margins $950M divestiture results
in 100% specialty sales
Strong exit multiple of 10x
TTM EBITDA despite
market volatility
Distribution
Divestiture
Improved
Portfolio
GROWING COMPOSITES PLATFORM
CONTRIBUTIONS TO SEM SEGMENT
10
Note: 2022 is pro forma for Avient Protective Materials
2016 Sales 2022 Sales
Advanced
Composites
51%
$560M $1,300M
Advanced
Composites
COMPOSITES PORTFOLIO
D Y N E E M A ® E X P A N D S O U R E N G I N E E R E D F I B E R S A N D T A P E S T E C H N O L O G Y
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
11
ADVANCED COMPOSITES PERFORMANCE
12 (1) Pro forma for the acquisition of Avient Protective Materials
$51
$84
$212
$668
$4
$10
$41
$169
(1) (1)
PORTFOLIO EVOLUTION AND EPS EXPANSION
13
Adj.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Seaport%2520Global%2520Transports%2520%2526%2520Industrials%2520Confer....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.
Non-GAAP financial
measures have limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP.
Tax adjustments include the net tax expense/benefit from one-time income tax items, the set-up or reversal of uncertain tax position reserves and deferred income tax valuation allowance
adjustments.
https://www.avient.com/knowledge-base/case-study/renewable-energy-floating-solar-panels?sust[]=1135
Home //
Renewable Energy From Floating Solar Panels
Existing industry solutions failed to protect panels from outdoor exposure and harsh weather conditions.
Fixed in idle waters in Taiwan in this case, Avient’s integrated colorant and anti-UV solution is expected to provide 25 years of weathering resistant performance.
https://www.avient.com/knowledge-base/case-study/renewable-energy-floating-solar-panels?pname[]=17632
Home //
Renewable Energy From Floating Solar Panels
Existing industry solutions failed to protect panels from outdoor exposure and harsh weather conditions.
Fixed in idle waters in Taiwan in this case, Avient’s integrated colorant and anti-UV solution is expected to provide 25 years of weathering resistant performance.