https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-versalloy-tpe-cargo-rack.pdf
O F F - ROA D V E H I C L E
M A N U FAC T U R E R
C A R G O R A C K
• Design freedom
• Improve process efficiency to reduce cost
• High strength-to-weight ratio
• Aesthetic appeal
• Weather and chemical resistance
• Replaced metal with a injection-moldable
thermoplastic plus TPE overmold to meet
performance demands and maintain
premium brand quality
• Provided technical support to help expand
the design and function of the cargo rack
• Reduced manufacturing costs by
eliminating the painting step from the
process
Versalloy™ TPE and thermoplastic substrate
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-12/automotive-ir-lens-of-sensor-case-study-brief.pdf
FAMOUS TIER 2
COMPANY
A U T O M O T I V E L I G H T I N G
I R L E N S O F S E N S O R
• High heat resistance up to 203°C
• PESU base resin with high IR transmission
• Visible light cannot pass through
• Used rich experience with different IR
transmission materials to support
customer’s material design and test method
• Customized color for IR transmittance,
which allowed IR to pass through the plastic
lamp without accumulating high heat
Edgetek™ ET9400-8005 IR Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-05/OnColor Combination MIC Color - Center Console - Application Snapshot.pdf
AUTOMOTIVE OEM
C E N T R A L C O N S O L E P A R T
• Metallic aspect
• Good surface appearance
• UV resistance
• Cost effective alternative to paint
• Offered a paint replacement solution with a
molded-in-color metallic effect
• Provided color matching expertise
• Utilized simulation tools to predict part
aspect and suggest the best injection point
for process and mold optimization
• Optimized formulation for metallic effects
Smartbatch™ Combination Colorants &
Additives
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-04/CCG Application Snapshot_Catering OEM.pdf
Catering oem
C AT E R I N G O E M
F O O D B L E N D E R P I T C H E R
• FDA compliance with no Bisphenol A (BPA)
• High heat resistance
• Transparent aesthetics
• Good processing performance
• Developed a solution that seamlessly
complements pure PES materials
• Minimized color deviation
• Enabled the possibility of weight reduction
• Made target color available
• Provided commercial, technical, and operational
excellence support
Colorant Chromatics PES Color
Concentrate
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2022-02/Versaflex-Handler Housing for Laparoscopic Sealer-Application snapshot.pdf
SURGICAL
DEVICE
MANUFACTURER
H A N D L E H O U S I N G F O R
L A P A R O S C O P I C S E A L E R
• Excellent adhesion onto PC/ABS
• Good aesthetics with soft touch
• RoHS, REACH and FDA compliant
• Enhanced ergonomics and functionality with
improved soft grip
• Met performance requirements for wear
resistance and colorability
• Customized a thermoplastic elastomer (TPE)
solution and had with a faster sample
response speed than competitor
Versaflex™ Overmolding Formulation
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-11/Versaflex CL-Serum collection cartridge-Application Snapshot.pdf
A LIFE SCIENCE
COMPANY
S E R U M C O L L E C T I O N
C A R T R I D G E
• Excellent clarity
• Good bonding and peel strength onto PP
• Heat resistance
• Meet sterilization needs
• Easy processing
• Formulated transparent Shore 50A TPE with
excellent adhesion onto PP and good
sealing performance
• Met regulatory requirements for USP Class
VI and ISO 10993-4,5
• Provided a short lead time and on-site
technical service
Versaflex™ CL Thermoplastic Elastomers
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2024-08/Smartbatch Combination MIC Color - Center Console - Application Snapshot.pdf
AUTOMOTIVE OEM
C E N T R A L C O N S O L E P A R T
• Metallic aspect
• Good surface appearance
• UV resistance
• Cost effective alternative to paint
• Offered a paint replacement solution with a
molded-in-color metallic effect
• Provided color matching expertise
• Utilized simulation tools to predict part
aspect and suggest the best injection point
for process and mold optimization
• Optimized formulation for metallic effects
Smartbatch Combination Colorants &
Additives
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-05/case-study-piranha-propeller.pdf
Propellers made from polymer
composites have a number of benefits over steel and
aluminum alternatives, including improved impact
resistance and vibration damping properties.
Avient’s Complēt MT composite materials enable up to
20% more impact resistance than standard long fiber
reinforced materials.
https://www.avient.com/sites/default/files/2023-12/Complet LFT OHP Side by Side Seat Pan %281%29.pdf
OFF-ROAD VEHICLE
MANUFACTURER
S E A T P A N
• Consolidate parts to reduce assembly time and lower
manufacturing costs
• Maintain performance while replacing metal seat pan with
lightweight composite material
• Aided consolidation of multiple metal parts
and fasteners into a single injection molded
component, lowering costs $100k year
• Saved time and money using FEA validation
to confirm real-world performance before
building tooling
• Created full-size 3D printed prototypes to
test fit and function
Complēt™ Long Glass Fiber Nylon Composite
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2021-10/avnt-q3-2021-earnings-presentation_0.pdf
Post-consumer recycled content as percentage of total plastic packaging volume, by weight
E NA B L I N G T H E U S E O F R E C YC L E D C O N T EN T
T O P 5 G A P S T H A T W E A R E A D D R E S S I N G
2) DECONTAMINATION1) COLOR MANAGEMENT 3) MAINTAINING MECHANICAL
PROPERTIES
4) MONO-MATERIAL
CONSTRUCTION
5) CONSISTENT RECYCLED
MATERIAL QUALITY
9
G U I D I N G B R A N D S T O W H A T I S P O S S I B L E
C A S E S T U DY W I T H B R A N D OW N E R
Recycled ResinVirgin Resin
10
S U S TA I NA B I L I T Y F O R A B ET T E R TO M O R ROW
11
• Revenue from sustainable solutions expected
to grow 18% in 2021 as our innovation efforts
and collaboration with customers continues to
accelerate
• Investments centered around innovation and
global sustainability megatrends
o Enabling a circular economy –
Technologies that allow for increased use of
post-consumer recycled (PCR) material and
improve recyclability of plastics
o Light-weighting – Composites and CAI
applications to reduce weight and material
requirements, which minimize energy and
carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative
materials to replace lead, PVC, halogens,
BPA and other less eco-friendly options
1111
*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
2016 2017 2018 2019 2020PF** 2021E
$405M
$455M
$340M
$550M
$790M
Revenue From Sustainable Solutions* 2016-2021
$930M
Q3 2020 $925 $74
Sustainable Solutions 35 19% 14
Healthcare 51 44% 10
Composites 13 39% 6
Growth in Asia / LATAM 14 11% 3
Other 177 39% 16
Sub-total $1,215 31% $123
Supply Chain Disruption Costs (19)
COVID Response Applications (5) (3)
FX Impact 10 2
Synergies 12
Incentives, Travel, Other Employee Costs (16)
Q3 2021 $1,220 32% $99
Q3 2021 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
12
Sales Growth Rate
Adjusted
Operating
Income$ millions
13
Q3 2020 Q3 2021
(1) Financial information is presented on a constant currency basis
(1)
(44% of total revenue)
(56% of total revenue)
Q3 END MARKET SALES PERFORMANCE
+20%
+31%
+40%
+24%
+46%
+40%
+14%
+33%
Energy Telecom Building &
Construction
Transportation Industrial Healthcare Packaging Consumer
Q3 YEAR-OVER-YEAR EBITDA BRIDGE
14
• Demand driven by growth
in sustainable solutions,
healthcare and consumer
applications
• Price increases more than
offsets raw material and
supply chain impacts
• Synergy capture on pace
to achieve $50M in annual
savings in 2021
Q3 2020 $ 111
Demand 29
Adjusted
EBITDA$ millions
CAI:
Price / Mix 51
Inflation (37)
SEM:
Price / Mix 25
Inflation (22)
Distribution:
Price / Mix 108
Inflation (103)
Net Price Benefit 22
Supply Chain Disruption Costs (19)
COVID Response Applications (3)
Synergies 12
Incentives, FX, Other (16)
Q3 2021 $ 136
15
• Price increases have more than
covered raw material and freight
inflation impacts of $300M year-
to-date compared to 2020
• Demand impact driven by
Q3 seasonality for the business
Q2 TO Q3 SEQUENTIAL EBITDA BRIDGE
Q2 2021 $ 159
CAI:
Price / Mix 17
Inflation (8)
SEM:
Price / Mix 6
Inflation (5)
Distribution:
Price / Mix 35
Inflation (35)
Net Price Benefit 10
Supply Chain Disruption Costs (4)
Demand / Seasonality (35)
Other 6
Q3 2021 $ 136
Adjusted
EBITDA$ millions
F U L L Y E A R 2 0 2 1
O U T L O O K
$308
$430
2020PF 2021E
$1.93
$3.00
2020PF 2021E
FULL YEAR GROWTH PROJECTIONS
( T O TA L C O M PA N Y )
17
Sales Adjusted Operating Income
$3,783
$4,750
2020PF 2021E
+ 26%
Adjusted EPS
+ 40% + 55%
(in millions) (in millions)
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)(1)(1)
$1.74
$1.93
$3.00
2019PF 2020PF 2021E
$442
$457
$580
2019PF 2020PF 2021E
FULL YEAR 2019 – 2021 GROWTH
( T O TA L C O M PA N Y )
18
Sales Adjusted EBITDA
$3,981
$3,783
$4,750
2019PF 2020PF 2021E
+ 19%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1) (1)
(in millions) (in millions)
(1)(1)
+ 31% + 72%
(1) (1)
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
11 12 13 14 15 16 17 18 19 20 21
40%
99%
YTD 5 - YR 10 - YR
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
11 12 13 14 15 16 17 18 19 20 21 22
2.1x
Q4 NET LEVERAGE
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$450MM
PAID OVER LAST 11 YEARS
C R E AT I N G VA LU E F O R SH A R E H O L D E R S
19
Share Performance Dividends Share Repurchases Deleveraging
3.5x
2.1x
2019PF 2021E
Growing Dividend Cumulative Buybacks Net Leverage
$
B
n
$
p
e
r
sh
a
re
Total Shareholder Return
~$4Bn
MARKET CAP INCREASE
OVER LAST 10 YEARS
(1) Share performance includes reinvested dividends and is as of 10.25.2021
(2) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)
(2)
494%
2 0 2 1 AV I E N T I N V E S TO R DAY
20
• Investor Day to be held December 9, 2021 in New York, NY
• The company will be doing a deep dive into its key long-
term growth drivers with a particular focus on sustainable
solutions
Revenue Growth Drivers
Long-Term
Growth Rate
Sustainable Solutions 8–12%
Healthcare 8–10%
Composites / 5G 10%
Growth in Asia / LATAM 5%
Other (GDP growth) 2–3%
Avient 6.5%
• Senior leadership team will also provide further details on
the Clariant Color integration, as well as capital allocation
priorities
PEER COMPARISONS
21
As a specialty formulator, we don’t
require significant capital
investment, as compared to the
base resin raw material suppliers
we purchase from.