https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=31
Chemical Foaming Additives for PVC Processing - Case Study
ColorMatrix™ Excelite™ helped PVC processors optimize performance, control and efficiency in the extrusion process
https://www.avient.com/resource-center?document_type=59&page=31
Chemical Foaming Additives for PVC Processing - Case Study
ColorMatrix™ Excelite™ helped PVC processors optimize performance, control and efficiency in the extrusion process
https://www.avient.com/resource-center?document_subtype=117&document_type=59&page=1
Chemical Foaming Additives for PVC Processing - Case Study
ColorMatrix™ Excelite™ helped PVC processors optimize performance, control and efficiency in the extrusion process
https://www.avient.com/sites/default/files/2021-11/avient-design-ergonomic-design-guide.pdf
Common regulations
• REACH SVHC, RoHS 3 (EU 2015/863),
CA Prop 65, Heavy Metals (CONEG, 94/62/EC)
and Conflict Minerals
• Substances of Concern (could include
phthalates, latex, PVC, BPA, halogens, PAH,
flame retardants)
Other market-specific regulations
• Consumer Product Safety Improvement Act of
2008 (CPSIA)
- Lead and phthalate limits for products
designed for children
• Chemicals of High Concern for Children (CHCC)
- Several US states (OR, WA, VT, ME, MN) have
lists of chemicals of concern for products .
Top 10 Rules for Overmolded Components
1. .Match the chemistry of the TPE to the substrate for optimized bonding
2. .For new component designs, flow ratios (L/T) should be between 80:1 – 120:1
3. .Incorporate air vents between 0.0005" and 0.001" along the perimeter and/or at the end of fill
4. .Incorporate good flow shutoffs to prevent flashing
5. .Add surface texture to prevent sticking and to mask aesthetic defects
6. .Use a rigid substrate for easy ejection from the mold
7. .Ensure the TPE layer is thick enough to ensure good bonding.
https://www.avient.com/sites/default/files/2021-05/2021-colormatrix-quick-guide-to-liquid-color_0.pdf
available from Avient
POLYMERS
• PET
• Polyolefins
• PVC
COLOR TYPES*
• Tints
• Translucents
• Opaques
• Special effects
• Additive additions
(functional colors)
PROCESSES
• Injection Stretch
Blow Molding (ISBM)
• Injection molding
• Extrusion Blow
Molding (EBM)
• Extrusion Sheet,
Fiber, Film
Avient ColorMatrix has pioneered the development of liquid
color dispersions since the 1970s and is now considered the
leading global innovator and supplier of liquid colorants for
thermoplastic and silicone applications.
https://www.avient.com/sites/default/files/2021-05/2021-colormatrix-quick-guide-to-liquid-color.pdf
available from Avient
POLYMERS
• PET
• Polyolefins
• PVC
COLOR TYPES*
• Tints
• Translucents
• Opaques
• Special effects
• Additive additions
(functional colors)
PROCESSES
• Injection Stretch
Blow Molding (ISBM)
• Injection molding
• Extrusion Blow
Molding (EBM)
• Extrusion
Sheet, Fiber, Film
Avient ColorMatrix has pioneered the development of liquid
color dispersions since the 1970s and is now considered the
leading global innovator and supplier of liquid colorants for
thermoplastic and silicone applications.
https://www.avient.com/sites/default/files/2023-01/AVNT Dec 2022 Earnings Presentation.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
12
$133
$201
2019PF 2022E
12
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORIC SPECIALIZATION THROUGH M&A
13
Distribution
DSM Protective
BOLT-ON ACQUISITION HISTORY
14
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
0%
60%
80%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
15
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
Purchase price multiple rapidly declining on strength of
business and synergy capture
12
$133
$201
2019PF 2022E
12
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
11.9%
16.3%
2019PF 2022E
EBITDA Margins
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
(1) Financial information is pro forma to include a full year of Clariant Color business
SUNBELT PVC Resins DSS
20 Acquisitions
$4.8B
Investment
$2.7B of Annual
Revenue
5 Divestments
$2.3B Proceeds
TPE
PP&S
HISTORIC SPECIALIZATION THROUGH M&A
13
Distribution
DSM Protective
BOLT-ON ACQUISITION HISTORY
14
Commercial
Resources
Operating Income
Operating Margins
259
363
$40
$139
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
SPECIALTY TRANSFORMATION
T O D A Y
46%
67%
86%
0%
60%
80%
2005 2010 2019 2021 2022 PF
%
o
f A
d
ju
st
ed
E
B
IT
D
A
• Commodity JVs
• Distribution
• Performance Products & Solutions
• Specialty Businesses
(1) Adjusted EBITDA is EBITDA excluding corporate costs and special items
(2) Pro forma for the acquisition of Dyneema® and divestiture of Distribution
(1
)
(2)
15
Building &
43%
14%
Telecom.
2%
2006 2022 Pro Forma
21%
Building &
Telecom.
https://www.avient.com/resources/safety-data-sheets?page=4598
FB607 White Foam Plastisol
FB607 Brown Foam Plastisol
https://www.avient.com/resources/safety-data-sheets?page=5656
Geon(TM) V1837 KSU PURPLE FLUID BED PVC
DGW0288 Anderson Striated PVC Spectra
Geon(TM) V1840B BLACK FLUID BED PVC