https://www.avient.com/sites/default/files/2021-06/avient-ir-presentation-june-2021-w-non-gaap-recs_0.pdf
Clariant Masterbatch
performance will be included in this year’s report.
2021 Sustainalytics ESG Risk Ranking
Newsweek Most Responsible Companies
2016 2017 2018 2019 2020PF
VOC Reduction Reduced Energy Use Bio-derived Content
Eco-conscious Renewable Energy Applications Recyclability
Reduced Material Requirements Lightweighting
$275M
$325M
$355M
$410M
$560M
9 (1) Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)(2) 2020 is Pro forma to include full year of the Clariant Masterbatch business
(2)
Revenue from Sustainable Solutions 2016 – 2020
(1)
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
10
• Revenue from sustainable solutions expected to grow 11% in
2021 as our innovation efforts and collaboration with customers
continues to accelerate
• Relentless focus on delivering our 2030 sustainability targets to
benefit the planet and people of the world while adding value to
our customers, communities, associates and shareholders
• Investments centered around innovation and global sustainability
megatrends
o Improving Recyclability – Technologies that allow for increased use
of post-consumer recycled (PCR) material
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
o Avient CycleWorks – New innovation center dedicated to advancing
recycling and the circular economy through collaboration with
customers and brand owners
Enable 100% of products manufactured for
packaging applications to be recyclable or
reusable.
https://www.avient.com/sites/default/files/2020-10/tpe-injection-molding-guide.pdf
Organic pigments used to produce yellow, red, blue
and green colors are more likely to change color after prolonged residence time or high
regrind levels.
https://www.avient.com/sites/default/files/2022-05/AVNT May IR Presentation w Non GAAP Recs.pdf
W H AT W E D O : M AT E R I A L S C I E N C E
5
CUSTOM
FORMULATION
SUSTAINABILITY FOR A BETTER TOMORROW
Revenue From Sustainable Solutions* 2016-2021
$310
205
140
80
75
45
40
20
$915M2021 Sales
($ in millions)
*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
Future Growth Revenue Assumptions From Sustainable Solutions: 8 - 12%
6
AVIENT ESG RATINGS
Sustainalytics 2021 ESG Risk Ranking
RANK
(1st = lowest risk)
PERCENTILE
(1st – lowest risk)
Chemicals
INDUSTRY 75/449 17
th
Specialty Chemicals
SUBINDUSTRY 21/124 17
th
ISS March 2022 ESG Scores
SCORE
(1 = Best, 10 = Worst)
Environmental 2
Social 1
Governance 4
777
F I R S T Q U A R T E R 2 0 2 2
R E S U L T S
$123
$136
2021 2022
$0.89
$0.99
2021 2022
Q1 2022 PERFORMANCE
( T O TA L C O M PA N Y )
9
$1,162
$1,294
2021 2022
+ 11%
(+ 14% excluding FX)
Adjusted EPS
+ 11%
(+ 15% excluding FX)
+ 11%
(+ 16% excluding FX)
(in millions) (in millions)
Sales Adjusted Operating Income
Q1 2022 SEGMENT PERFORMANCE
10
CAI
$609
$650
Sales
($ in millions)
SEM Distribution
$89
$95
Operating Income
+ 7%
(+ 10% excluding FX)
$363
$433
Sales
$24 $24
Operating Income
+ 19% Flat
(1)
$217
$245
Sales
$34
$40
Operating Income
+ 7%
(+ 11% excluding FX)
+ 13%
(+ 17% excluding FX)
+ 18%
(+ 20% excluding FX)
Q1 2021 $1,162 $123
Sustainable Solutions 19 8% 7
Healthcare 32 21% 6
Composites (excl.
https://www.avient.com/sites/default/files/2020-10/2020-gravi-tech-design-guide-.pdf
Base Resin ABS PA PBT PC PE PEEK PP PPS
Barrel Temperatures °F (°C)
Rear Zone 400–475(200–250)
480–540
(248–282)
480–520
(250–270)
480–570
(250–300)
400–445
(200–230)
660–700
(350–475)
400–440
(200–225)
520–600
(270–300)
Center Zone 410–480(205–253)
490–550
(254–287)
485–525
(251–273)
500–580
(260–305)
410–455
(207–237)
670–710
(357–385)
410–450
(205–230)
550–610
(285–310)
Front Zone 420–490(210–257)
500–560
(260–293)
490–530
(254–276)
515–590
(267–310)
420–465
(213–243)
680–720
(363–400)
420–455
(215–235)
570–620
(300–320)
Nozzle 425–500(215–260)
510–570
(265–298)
490–540
(254–282)
530–600
(275–315)
430–475
(220–250)
700–730
(370–395)
430–460
(220–240)
610–620
(320–325)
Melt Temperature 425–515(215–270)
510–570
(265–298)
490–540
(254–282)
530–615
(275–325)
430–495
(220–260)
700–725
(370–385)
430–475
(220–250)
610–635
(320–335)
Mold Temperature 140–200(60–90)
150–300
(65–148)
140–280
(60–137)
160–240
(70–115)
80–140
(25–60)
300–400
(150–200)
80–140
(25–60)
190–300
(90–150)
Drying Parameters
190 (90)
2–4 Hours
0 .01%–0 .15%
180 (82)
4–5 Hours
0 .10%–0 .20%
275 (135)
3–4 Hours
0 .02%–0 .04%
250 (125)
3–4 Hours
0 .02%
160 (70)
2 Hours
300 (150)
3–4 Hours
0 .10%
160 (70)
2 Hours
280 (135)
2–3 Hours
0 .01%–0 .20%
Nozzle Type General Purpose Nylon or Reverse Taper General Purpose General Purpose General Purpose General Purpose General Purpose General Purpose
Injection Velocity1 2–5 in/sec; 50–127 mm/sec
Injection Pressure 1,000–2,000 psi; 7–14 Mpa
Back Pressure 50–100 psi; 0 .3–0 .7 Mpa
Screw Speed 25–75 RPM
Cushion 0 .125–0 .250 in; 3–6 mm
Screw Compression Ratio2 2 .0:1–2 .5:1
Comments
1 .
https://www.avient.com/sites/default/files/2021-09/avient2020sustainabilityreport-9-2-21.pdf
Eight ways we help
customers meet their
sustainability goals
through material science:
*Ellen Mac Ar thur Foundation criteria
**Avient Sustainable Solutions definitions aligned with F TC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
^2020 is Pro forma to include full year of the Clariant Masterbatch business
2016 2017 2018 2019 2020PF^
Revenue from Sustainable Solutions** 2016–2020
Lightweighting
Recycle Solutions
Eco-conscious
Sustainable Infrastructure
VOC Reduction
Human Health & Safety
Reduced Energy Use
Bio-polymers
$340M
$405M
$455M
$550M
$790M
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Metrics | Index
Sustainability Report | 2020 39
https://www.ellenmacarthurfoundation.org/explore/the-circular-economy-in-detail
Innovation: The Lifeblood of a
Specialty Organization
At Avient, our proven ability to innovate materials that enable our customers’
sustainability goals remains a key differentiator for our company.
$340M
$405M
$455M
$550M
$790M
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Metrics | Index
Sustainability Report | 2020 75
https://www.ftc.gov/policy/federal-register-notices/guides-use-environmental-marketing-claims-green-guides
https://www.ftc.gov/policy/federal-register-notices/guides-use-environmental-marketing-claims-green-guides
The Highest Ethical Standards
At Avient, we strive to create a world-class sustainable organization, by conducting
business in a way that meets the needs of the present without compromising the
ability of future generations to meet their own needs.
Chief Technology Officer,
Colgate-Palmolive Company
Neil Green
Executive Vice President
and Chief Digital Officer,
Otis Worldwide Corporation
Kim Ann Mink, Ph.D
Former Chairman, President
and Chief Executive Officer,
Innophos Holdings, Inc.
https://www.avient.com/sites/default/files/2020-10/tpe-overmold-design-guide.pdf
When a
high percentage of regrind is used, or there is a prolonged residence time in the barrel, organic
pigments (used to produce yellow, red, blue and green colors) are more likely to discolor.
When a
high percentage of regrind is used, or there is a prolonged residence time in the barrel, organic
pigments (used to produce yellow, red, blue and green colors) are more likely to discolor.
https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
Operating Income
$3,783
$4,300
2020PF 2021E
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Previous
Guidance
Current
Guidance
$3,783
$4,650
2020PF 2021E
$308
$410
2020PF 2021E
$308
$430
2020PF 2021E
$1.93
$2.80
2020PF 2021E
$1.93
$3.00
2020PF 2021E
(1) (1)(1)
(1)(1) (1)
(in millions) (in millions)
$442
$457
$580
2019PF 2020PF 2021E
$1.74
$1.93
$3.00
2019PF 2020PF 2021E
FULL YEAR 2019 – 2021 ORGANIC GROWTH
( T O TA L C O M PA N Y )
22
Sales Adjusted EBITDA
$3,981
$3,783
$4,650
2019PF 2020PF 2021E
+ 17%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1) (1)
(in millions) (in millions)
(1)(1)
+ 31% + 72%
(1) (1)
($ in millions)
2021E Adjusted EBITDA 580$
Free Cash Flow 280$
Total Debt 1,860
Less: Cash (755)
Net Debt 1,105$
2021E Net Debt / Adjusted EBITDA 1.9x
23
BA L A N C E S H E E T
• Acquisition of Magna Colours completed on
July 1 – expands sustainable solutions
portfolio through water-based inks technology
• Deleveraging to 1.9x net debt to adjusted
EBITDA by the end of 2021
• Driven by record adjusted EBITDA
performance and strong free cash flow
generation from asset light business
• Future cash deployment: M&A, opportunistic
share repurchases and balance sheet /
continued leverage reduction
3.5x
2.7x
1.9x
2019PF 2020PF 2021E
Net Debt / Adjusted EBITDA
(1) (1)
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
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
24
• Revenue from sustainable solutions expected to
grow 14% 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
24
2016 2017 2018 2019 2020PF**
Bio-polymers Reduced Energy Use Human Health & Safety
Sustainable Infrastructure VOC Reduction Recycle Solutions
Eco-Conscious Lightweighting
Revenue From Sustainable Solutions* 2016-2020
$405M
$455M
*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 Masterbatch business
$340M
$550M
$790M
24
25
Key Updates
• Includes Clariant Masterbatch performance
• Increases disclosures and ESG data
• Provides performance updates on 2030 Sustainability Goals
• Commits to operational carbon neutrality in 2050 and 100%
renewable energy by 2050 (RE 100)
• Announces Avient’s participation in U.N.
https://www.avient.com/resources/safety-data-sheets?page=4524
SILCOPAS GREEN 84343
SILCOPAS GREEN 84441
SILCOPAS GREEN 85262
https://www.avient.com/resources/safety-data-sheets?page=4523
SILCOPAS GREEN 252
SILCOPAS GREEN 28192
SILCOPAS GREEN 28883
https://www.avient.com/resources/safety-data-sheets?page=5353
MC-22286PP GREEN
MC-22559PE GREEN
MC-22835PE GREEN