https://www.avient.com/sites/default/files/resources/Ramos_ISO_14001.pdf
Certificate No: 53068
Certification Date: 18 December 2015
Effective Date: 14 December 2018
Expiration Date: 17 December 2021
Issue Date: 14 December 2018 Alex Weisselberg, President
Validity of this certificate is based on the successful completion of the periodic surveillance audits of the management syst em defined by the above scope and is contingent upon
prompt,written notification to ABS Quality Evaluations, Inc. of significant changes to the management system or components thereof.
https://www.avient.com/sites/default/files/2024-11/Phil Clark Bio - 2024.pdf
He previously worked at 3M for 17 years,
leading R&D efforts in both corporate innovation and business segment roles, including
an international assignment based in South Korea.
https://www.avient.com/sites/default/files/2020-09/therma-tech-for-adas-sensors-ecus-product-bulletin.pdf
THERMA-TECH
TT3300-5001EC
GREY
THERMA-TECH
TT6600-5001EC
GREY
THERMA-TECH
TT6600-5008EC
ANTHRACITE
THERMA-TECH
TT9200-5003EC
GREY
THERMA-TECH
TT9200-5003EC
MID ANTHRACITE
Applications
Sensor, Camera
& ECU Housings
Sensor, Camera
& ECU Housings
Sensor, Camera
& ECU Housings
Sensor, Camera
& ECU Housings
Sensor, Camera
& ECU Housings
Defining
Features
Thermally &
Electrically
Conductive
Thermally &
Electrically
Conductive
Thermally &
Electrically
Conductive
Thermally &
Electrically
Conductive
Thermally &
Electrically
Conductive
Filler/
Reinforcement
Glass Fiber Glass Fiber Glass Fiber Glass Fiber Glass Fiber
Surface
Resistivity
https://www.avient.com/sites/default/files/2023-11/2023 Syncure Wire and Cable Product Selection Guide_SPANISH.pdf
Syncure™ XLPE
Formulaciones Para
Polietileno Reticulable
PARA CABLES DE BAJA TENSIÓN
GUÍA DE SELECCIÓN DE PRODUCTO
Syncure™ XLPE
POLIETILENO RETICULABLE POR HUMEDAD PARA AISLAMIENTO PARA CABLES DE BAJA TENSIÓN
SISTEMA S100FH S100FH-XUV S100FH-UV S100FV S100FV-UV S112NA S120NA S200FH S200FV
Aplicaciones Cable para construcción, bandeja de cables
Cable para construcción,
bandeja de cables
Cable fotovoltaico
(PV)
Cable para construcción,
bandeja de cables
Cable para construcción,
bandeja de cables
Cable para construcción,
Teck-90 Tuberia
Cable para edificaciones,
tray cables,
cables de servicio
Cable para edificaciones,
tray cables,
cables de servicio
Especificaciones UL 44 UL 44 UL 44, UL 4703 UL 44 UL 44 CSA 22.2 Usable para NSF 61 UL 44 UL 44
Tipo de alambre XHHW-2, RHW-2, USE-2, SIS
XHHW-2, RHW-2, USE-2,
SIS
XHHW-2, RHW-2,
USE-2, SIS, PV
XHHW-2, RHW-2,
SIS
XHHW-2, RHW-2,
USE-2, SIS, PV RW-90, Teck-90 –
RHW-2, RHW, RHH,
XHHW-2, XHH, XHHW, SIS RHW, RHH, RHW-2
% de
componentes
83% S1054A
17% V0022G RoHS
83% S1054A
17% V0022G-UV RoHS
70% S1054A
30% V0022G-UV RoHS
50% S1054A
50% V0044G RoHS
50% S1054A
50% V0044G-UV RoHS
95% S1054A
5% S1000B
95% S1016A
5% S1037B
78% S1054A
22% SC5400-0002 RoHS
MB ALT FR
50% S1054A
50% SC5400-0003 RoHS
MB ALT FR
Caracteristicas Flama horizontal
Flama horizontal,
resistencia UV,
posibilidad de colorear
Flama horizontal,
flama FV-1, resistencia UV,
posibilidad de colorear
VW-1 VW-1, resistencia UV, posibilidad de colorear
Sin retardante
a la flama
Para aplicaciones
de tuberia
Flama horizontal,
libre de DBDPE VW-1, libre de DBDPE
PROPIEDADES GENERALES
Gravedad Específica 1.01 1.02 1.10 1.31 1.31 0.92 0.95 1.01 1.31
Rigidez Shore D,
10 Segundos 47 47 47 48 48 47 59 47 48
% de Contenido
de Gel 68 68 70 70 70 72 72 68 70
PROPIEDADES DE RESISTENCIA A LA TRACCIÓN
Resistencia a la
Tracción (psi) 2800 2500 2500 3200 2650 2800 4500 2800 3200
% de Elongación 400 400 400 470 540 400 80 400 470
% de Retención
de Tracción 100 100 97 110 110 95 75 95 100
% de Retención
de Elongación 90 90 94 100 100 90 75 90 93
PROPIEDADES ELÉCTRICAS
Resistencia Dieléctrica
(V/mil) 1000 1400 1400 1200 1200 1000 –– 1000 1200
Constante Dieléctrica 2.31 2.45 2.61 2.61 2.61 2.24 2.1 2.31 2.61
% de Factor
de Disipación 0.0012 0.0080 0.008 0.0043 0.0043 0.0008 0.002 0.0012 0.0043
PROPIEDADES TÉRMICAS
Condiciones Nominales
de Temperatura en °C 90 90 90 90 90 90 125 90 90
% de Deformación
Térmica 10 10 5 5 5 10 10 10 5
La cartera Syncure XLPE es un sistema de dos pasos
de Polietileno reticulable por humedad, injertado con
Silano.
https://www.avient.com/sites/default/files/2020-09/stan-tone-hcc-product-bulletin-1.pdf
%
Solids
Color
Index
pH
Typical Lightfastness
GREEN
HCC-12172 Phthalocyanine BS 17 1.07 PG-7 1 I/O
HCC-12173
Phthalo Brominated
VYS
25 1.16 PG-36 1 I/O
HCC-10562 Phthalocyanine YS 30 1.15 PG-7 1 I/O
HCC-12176 Chromium Oxide 80 2.8 PG-17 1 I/O
VIOLET/MAGENTA
HCC-17680 (c) Ultramarine Violet 50 1.46 PV-15 1 I/O
HCC-2170 (b) Quinacridone Violet 30 1.09 PV-19 2 I/O
HCC-14562
Quinacridone
Magenta
25 1.06 PR-122 2 I/O
HCC-26775 Benzimidazolone 20 1.03 PV-32 2 I/O
HCC-33159 (a) Carbazole Violet 12 1.03 PV-23 2 I/O
BROWN/TAN
HCC-1286 (b) Iron Oxide, Tan HR 60 1.85 PBr-11 1 I/O
HCC-12201 Iron Oxide, Light 71 2.21 PBr-6 2 C I/O
HCC-12202 Iron Oxide, Dark 67.5 2.06 PBr-6 2 C I/O
BLACK
HCC-12203 Furnace-High Jet 18 1.06 PBk-7 1 I/O
HCC-12204 Furnace-High Jet 6 1 PBk-7 1 I/O
HCC-12205 Furnace-Low Jet 34 1.15 PBk-7 1 I/O
HCC-12206 Furnace-Medium Jet 20 1.07 PBk-7 1 I/O
HCC-18654
Furnace-Ultra High
Jet
15 1.04 PBk-7 1 I/O
HCC-14674 Iron Oxide 59 1.82 PBk-11 2 C I/O
ALUMINUM
HCC-12177 Aluminum 50 1.43 PM-1 2 I/O
HCC
RS = Red Shade
YS = Yellow Shade
VYS = Very Yellow Shade
BS = Blue Shade
VBS = Very Blue Shade
GS = Green Shade
NC = Non-Crystallizing
HR = Heat-Resistant
(a) = Potential Bleed / Migration
(b) = ESO plasticizer (Epoxidized Soybean Oil)
(c) = Pigment may fade in acidic environment
LIGHTFASTNESS
I = Indoor Only
I/O = Indoor or Outdoor
Mass = Outdoor Masstone Application Only
C = Some Caution Advised
HEAT STABILITY
1 = Above 400°F
2 = 350°F–400°F
3 = Below 350°F
C = Some Caution Advised
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2020-12/resound-om-technical-bulletin_0.pdf
Peel, PLI - 17 22 20 17
OM Max.
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.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
S E C O N D Q U A R T E R 2 0 2 2
R E S U L T S
$122
$134
2021 2022
$0.87
$0.98
2021 2022
Q2 2022 PERFORMANCE
( T O TA L C O M PA N Y )
8
Sales Adjusted Operating Income
$1,235
$1,302
2021 2022
+ 5%
Adjusted EPS
+ 10% + 13%
(in millions) (in millions)
(+ 10% excluding FX) (+ 16% excluding FX) (+ 20% excluding FX)
Q2 2022 SEGMENT PERFORMANCE
9
CAI
$624
$649
Sales
($ in millions)
SEM Distribution
$86
$94
Operating Income
+ 4% + 9%
$404
$443
Sales
$24
$27
Operating Income
+ 10% + 13%
(1)
$241 $244
Sales
$37 $37
Operating Income
+ 1% Flat
(+ 10% excluding FX) (+ 16% excluding FX) (+ 6% excluding FX) (+ 3% excluding FX)
Q2 2021 $1,235 $122
Sustainable Solutions 17 7% 7
Healthcare 23 14% 5
Composites (ex Outdoor High Performance) 10 20% 4
Growth in Asia / LATAM 5 3% 1
Other 69 11% 5
Sub-total $1,359 10% $144
Outdoor High Performance Impact (9) (5)
Wage Inflation and Overtime (7)
Other Supply Chain Costs (2)
Clariant Color Integration Synergies 7
Incentives, Other Employee Costs 4
FX (48) (7)
Q2 2022 $1,302 5% $134
Q2 2022 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
10
Sales Growth Rate
Adjusted
Operating
Income$ millions
Adjusted
EBITDA
Q2 EBITDA BRIDGE
11
Price increases more than
offsets raw material and
supply chain impacts
Q2 2021 $ 159
Demand (29)
$ millions
CAI:
Price / Mix 87
Inflation (58)
SEM:
Price / Mix 36
Inflation (24)
Distribution:
Price / Mix 45
Inflation (41)
Net Price Benefit 45
Wage Inflation and Overtime (7)
Other Supply Chain Costs (2)
Clariant Color Integration Synergies 7
Incentives, Other Employee Costs 4
FX (7)
Q2 2022 $ 170
China Lockdowns / Russia Impact $ (14)
Outdoor High Performance (5)
Transportation (5)
12
Q2 '21 Adjusted EPS 0.87$
Color, Additives and Inks 0.11
Specialty Engineered Materials 0.01
Distribution 0.03
Corporate Costs 0.01
F/X (0.05)
Segment OI 0.11$
Interest Expense 0.03
Tax Rate (0.03)
Q2 '22 Adjusted EPS 0.98$
Q2 EPS BRIDGE
Key Updates
• Provided progress on 2030 Sustainability Goals
• Emphasized commitment to U.N.
Global Compact &
fulfilled Communication of Progress (COP)
requirements
• New Sustainability Strategy overview page including
our 2022 AIP ESG metrics
• New ESG Performance page with ESG ratings,
awards, and certifications
• Increased disclosures on carbon emissions, including
disclosure of Climate Change Scenario Analysis
• Added new Product Stewardship and Chemical
Management policies
• Enhanced data reporting for Workforce
Demographics
• Improved social disclosures on human rights,
dependent care and special leave and strategic
training management
2021 SUSTAINABILITY REPORT
Launching integrated sustainability website in parallel with report
Aligned with leading reporting frameworks
13
ESG PERFORMANCE & A WARDS
14
16th
ENVIRONMENTAL
SOCIAL
GOVERNANCE
2
1
3
(as of 6/30/22)
2 0 2 2 O U T L O O K
$429
$490
2021 2022E
$3.05
$3.50
2021 2022E
FY 2022 GUIDANCE
( T O TA L C O M PA N Y: C U R R E N T P O R T F O L I O )
16
Sales Adjusted Operating Income
$4,819
$5,100
2021 2022E
+ 6%
Adjusted EPS
+ 14% + 15%
(in millions) (in millions)
(+ 9% excluding FX) (+ 18% excluding FX) (+ 20% excluding FX)
17
CASH FLOW / LEVERAGE
($ millions) 2022E
Cash Flow from Operating Activities 400$
Less:
Run-Rate CapEx (90)
CapEx for Clariant Integration (10)
CapEx for IT System Upgrade (15)
Total CapEx (115)
Free Cash Flow 285$
Adjusted EBITDA 635$
Net Debt / Adjusted EBITDA 1.6x
18
DYNEEMA / DISTRIBUTION UPDATES
• Strong performance so far in 2022 in-line
with our modeling
• Acquisition to be finalized as early as
September 1, pending standard
regulatory process and closing conditions
• Encouraging interest thus far from
potential buyers for world-class business
with a strong track record
• Second round bids due in August
DISTRIBUTION
19
PRO FORMA MODELING UPDATE
2022E
($M)
Revenue 5,100$ 415$ 5,515$ (1,635)$ 3,880$
Adjusted EBITDA 635 130 765 (109) 656
EBITDA % 12% 31% 14% 7% 17%
Adj.
Annual Purchases
RAW MATERIAL AND SUPPLY CHAIN UPDATE
Based on 2021 purchases, excludes Distribution business
D Y N E E M A A C Q U I S I T I O N
32
15x stronger than steel
Reduces weight by 30% vs. other solutions
Well-maintained global asset base poised to serve growing demand
• Purchase price of $1.48B represents 11.4x multiple of
2022 EBITDA
• Acquisition will expand Avient’s composites and fiber
portfolio with Dyneema®, the World’s Strongest Fiber™
• $415M sales and 30%+ EBITDA margins; Immediately
accretive to pro forma 2022 EPS, adding $0.35
• 1,300 patents globally, ~50% of sales patent protected
• 1,000+ employees across global production network and
dedicated technology centers
• Composites platform will increase from $261M to $680M in
revenue and from $49M to $180M in EBITDA Indicates Dyneema
® location
$175M
(42%)
$65M
(16%)
$175M
(42%)
2022E Sales By Region ($M)
(1) $0.35 EPS excludes intangible amortization
(2) Based on 2022 expected results
(1) (2)
(2)
F I T W I T H F O U R P I L L A R S T R AT E G Y
33
Specialization
• Innovation-led organization with
tremendous intellectual property value in
trademarks, patents and “know-how”
• Deep history of application development
and premium, leading brand with the
World’s Strongest FiberTM
Globalization
• Global customer base with an
established presence across all major
geographic regions
• Global technology centers complement
existing Composites applications and
expertise
Operational
Excellence
• Best-in-class safety performance
• Well-run and maintained asset base fit to
serve future growth
• Highly effective and reliable supply chain
with emphasis on optimizing service to
customers
Commercial
Excellence
• Deep customer relationships extend
across the value chain and drive ability
to grow
• Offer a full suite of services with an active
role in design, development and
commercialization
People
Experienced and
talented associates
with a passion for
safety, specialization
and winning
DY N E E M A ® OV E RV I E W
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
$215M
MARINE & SUSTAINABLE
INFRASTRUCTURE
Towing / Mooring • Aquaculture •
Floating Wind • Offshore Cranes
$130M
CONSUMER
Consumer • Outdoor High Performance •
Safety Equipment
$70M
34 Figures reflect 2022 expected sales
MIFOverview Competition
Value chain &
Go-to-market
Strategy Innovation Financials
TECHNOLOGY
35
1,200 1,300
2,500
Avient Dyneema Combined
Patents
• True specialty business – the World’s Strongest Fiber™
• Deep history of application development with customers,
strongest in the industry
• The only UHMwPE (ultra-high molecular weight polyethylene)
fiber producer that is backward integrated
o Provides innovation advantage through control of all steps of the process
• Complementary with our existing reinforced film expertise
(PolyStrand) and engineered fiber presences (Fiber-Line)
WINNING PROPERTIES
Ultra high strength vs. weight Highly flexible
Floats on water Chemically inert; no smell/taste and non-toxic
High resistance to UV radiation Self-lubricating, with low friction
One-of-a-kind technology
®
FORMULATION PROCESS
36
• Like Avient, Dyneema® offers similar
core competencies around formulation
and material science
• Technology that combines polymers and
fibers to provide specialized, high
performing solutions for customers
• Design capabilities ensure that
applications are highly customized for
the specified end use
DYNEEMA ® IN THE VALUE CHAIN
37
UHMwPE
Fiber / Tapes
Military Personnel,
Law Enforcement
Heavy Marine,
Offshore Wind Energy
and Mooring,
Aquaculture
Outdoor,
Footwear, Apparel,
Inflatables
• Material Science
• Formulation
• Service
INTERMEDIATE MANUFACTURING
(CUSTOMERS) OEM / APPLICATION
DEMAND TRENDS
38
• Military spending and near-term demand for higher performing personal protection
products (like Dyneema®) expected to increase
o European NATO members annual defense spend expected to increase by up to 20%(1)
o Japan aiming to almost double defense spending over the next 5 years(2)
o Accelerated launch of next generation technology in North America
• Policy-driven demand for sustainable energy; growth in floating offshore wind
farms which require advanced, durable technology
o Offshore wind expected to grow at a CAGR of 32% with the level of annual installations
quadrupling over the next five years(3)
• Continued investment in aquaculture as a sustainable food source(4)
• Strong demand in outdoor high performance space across niche consumer
applications aligns with 10% growth assumption for Avient’s Composites portfolio
Sources:
(1) “Funding NATO”, NATO.int (April 1, 2022)
(2) “Japan Ruling Party Calls for Defense Spending Boost to 2% of GDP”, WSJ (April 21, 2022)
(3) “Global Wind Report 2021”, Global Wind Energy Council
(4) “Aquaculture Supports a Sustainable Earth”, NOAA Fisheries
39
A L I G N M E N T W I T H
S U S T A I N A B I L I T Y G O A L S
P RO D U C T S
AVIE NT ’S E XIS T ING COM P OS IT E S P ORT F OL IO
D I V E R S E C A P A B I L I T I E S A N D S O L U T I O N S S E R V I N G
M A N U F A C T U R E R S A N D O E M S
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
40
AV I E N T ’ S C O M P O S I T E S P O RT F O L I O
S A L E S A N D E B I T DA
41
$74 $84
$216 $212
$261
$5 $10
$32
$41
$49
$180
0
50
100
150
200
$-
$50
$100
$150
$200
$250
$300
$350
$400
$450
$500
$550
$600
$650
$700
$750
2017 2018 2019 2020 2021 2022E
$680
($ in millions)
• Dyneema® acquisition will further
improve Composites EBITDA margins
to 26%
• Dyneema® will complement our
existing portfolio with deep formulation
expertise, innovative culture and
global commercial presence
• Composites will continue to be a key
growth driver to deliver future revenue
growth in excess of GDP
(1) Pro forma for the acquisition of Dyneema®
(1)
SEGMENT DATA
U.S. & Canada
50%
EMEA
25%
Asia
16%
Latin America
9%
2021 SEGMENT, END MARKET AND GEOGRAPHY
GEOGRAPHY REVENUESEGMENT FINANCIALS
Consumer
23%
Packaging
19%
Industrial
16%
Building and
Construction
10%
Telecommunications
4%
Energy
2%
END MARKET REVENUE
(1) Total company sales and adjusted EBITDA of $4,819M and $581M, respectively, include intercompany sales eliminations and corporate costs
$2,402M
$409M
$919M
$164M
$1,631M
$94M
Sales EBITDA
Distribution
Specialty Engineered Materials
Color Additives and Inks
$581M$4,819M
(1)
Transportation
11%
Healthcare
15%
43
Packaging
34%
Consumer
21%
Healthcare
8%
Industrial
16%
Building &
Construction
10%
Transportation
9%
Energy
1% Telecommunications
1%
C O L O R , A D D I T I V E S & I N K S
2 0 2 1 R E V E N U E | $ 2 . 4 B I L L I O N
US & Canada
32%
EMEA
40%
Asia
21%
Latin America
7%
END MARKET REGION
44
All charts reflect 2021 financials
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Consumer
27%
Healthcare
10%
Packaging
7%
Telecommunications
16%
Transportation
11%
Industrial
11%
Building &
Construction
11%
Energy
7%
2 0 2 1 R E V E N U E | $ 9 1 9 M I L L I O N
END MARKET
US & Canada
55%
EMEA
25%
Asia
20%
REGION
45
All charts reflect 2021 financials
D I S T R I B U T I O N
Healthcare
26%
Consumer
23%
Packaging
5%
Industrial
20%
Transportation
16%
Building and
Construction
8%
Energy
1%
Telecommunications
1%
US & Canada
80%
Asia
3%
Latin
America
17%
END MARKET REGION
K E Y S U P P L I E R S
2 0 2 1 R E V E N U E | $ 1 . 6 B I L L I O N
46
All charts reflect 2021 financials
T O T A L C O M P A N Y R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
30%
Consumer
26%Healthcare
13%
Industrial
14%
Building &
Construction
5%
Telecommunications
2% Energy
2%
Asia
(16% of sales)
Transportation
8%
Packaging
32%
Consumer
13%
Healthcare
5%
Industrial
17%
Building &
Construction
12%
Telecommunications
5%
Energy
4%
EMEA
(25% of sales)
Transportation
12%
47
Consumer
25%
Healthcare
19%
Packaging
10%
Industrial
17%
Building &
Construction
10%
Telecommunications
4%
Energy
2%
US &
Canada
(50% of sales)
Transportation
13%
Packaging
38%
Consumer
33%
Healthcare
8%
Industrial
10%
Building &
Construction
5%
Telecommunications
1%
LATAM
(9% of sales)
Transportation
5%
All charts reflect 2021 financials
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
(Dollars in millions, except for per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders
and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special
items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/resources/AquaMix-_Fact_Sheet__72831-B_%25281%2529.pdf
A line of
casein-free dispersions is also available.
17 in
11 in
17.25 in
11.25 in
CMYK P1PC-011AquamixFactSheet2.indd REMAY 72831-B Zig
trim: 17.000" x 11.000" bleed: .125" Digital/IAM
QC˛______ ______ Client˛_____ _____
Date ____/____/____ Proof No.4______
25 50 100 25 50 100
25
2
2 50 100 25
2
2 50 100
Asset No. 72831-B
Antioxidants Dispersions
AO 2246 Aquamix 105 40
Irganox® 1010 Aquamix 327 40
Irganox® 1076 Aquamix 683 40
Wingstay® L Aquamix 125 50
Antioxidants Emulsions
Wingstay® 29/SN-1 Aquamix 312 50
Wingstay® L/SN-1 Aquamix 289 50
Wingstay® L/SN-1 Aquamix 494 60 Higher concentrated version of Aquamix 289.
UV Stabilizer Dispersion
Tinuvin® P Aquamix 150 50 UV absorber to prevent UV degradation
Slab Dip Dispersions
Clay Aquamix 186 65
Zinc Stearate Aquamix 394 25
Wax Amide Aquamix 1124 20
Calcium Stearate Aquamix 1172 50
Chemical Name / Comments
17 in
11 in
17.25 in
11.25 in
CMYK P1PC-011AquamixFactSheet2.indd REMAY 72831-B Zig
trim: 17.000" x 11.000" bleed: .125" Digital/IAM
QC˛______ ______ Client˛_____ _____
Date ____/____/____ Proof No.4______
25 50 100 25 50 100
25
2
2 50 100 25
2
2 50 100
Asset No. 72831-B
Antioxidants Dispersions
AO 2246 Aquamix 105 40
Irganox® 1010 Aquamix 327 40
Irganox® 1076 Aquamix 683 40
Wingstay® L Aquamix 125 50
Antioxidants Emulsions
Wingstay® 29/SN-1 Aquamix 312 50
Wingstay® L/SN-1 Aquamix 289 50
Wingstay® L/SN-1 Aquamix 494 60 Higher concentrated version of Aquamix 289.
A line of
casein-free dispersions is also available.
17 in
11 in
17.25 in
11.25 in
CMYK P1PC-011AquamixFactSheet2.indd REMAY 72831-B Zig
trim: 17.000" x 11.000" bleed: .125" Digital/IAM
QC˛______ ______ Client˛_____ _____
Date ____/____/____ Proof No.4______
25 50 100 25 50 100
25
2
2 50 100 25
2
2 50 100
Asset No. 72831-B
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
$201
2019PF 2022E
12
Clariant Color EBITDA Growth
Purchase Price Multiple
10.8x
7.0x
6.4x
2019PF 2021 2022E w/ Full
Synergies
(1)
(1)
11.9%
16.3%
2019PF 2022E
EBITDA Margins
(1)
CLARIANT COLOR:
TRANSFORMATIONAL ACQUISITION
($ in millions)
(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
$2.3B Proceeds
TPE
PP&S
HISTORI C SPECI AL IZATION THROUGH M& A
13
Distribution
DSM Protective
Materials
BOLT-ON AC QUI SITI ON HISTORY
14
Commercial
Resources
Operating Income
($ in millions)
Operating Margins
259
363
At Acquisition 2022E
$40
$139
At Acquisition 2022E
9%
22%
At Acquisition 2022E
Established Acquisitions
(> 7 years)
+ 40% + 248% + 1300 bps
I N V E S T T O G R O W
S P E C I A LT Y T R A N SF O R M ATI O N
T O D A Y
7%
46%
67%
86%
100%
0%
20%
40%
60%
80%
100%
2005 2010 2019 2021 2022 PF
%
o
f
A
d
ju
st
e
d
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
Healthcare
4%
Packaging
8%
Consumer
10%
Building &
Construction
43%
Industrial
15%
Transportation
14%
Energy
4%
Telecom.
2%
2006 2022 Pro Forma
Healthcare
8%
Packaging
23%
Consumer
21%
Building &
Construction
10%
Industrial
15%
Transportation
9%
Energy
4%
Telecom.
4%
Defense
6%
END MAR KET F OCUS ON LESS CYCL IC AL
I ND USTRI ES
16
14.8%
17.6%
21.0%
2018 2020 2022 PF
1.8%
2006
15.3%
16.2%
17.0%
2018PF 2020PF 2022E
CAI
2.7%
2006
SEM
SPEC IA LTY EBI TDA MA RGI N EX PANSION
17
• Portfolio transformation
accelerates growth in less
cyclical, higher margin end
markets
• Investments in our
composites platform
continue to drive margin
expansion
(1) (1)
(1) 2018 and 2020 financial information is pro forma to include a full year of Clariant Color acquisition
PORTFOLIO EVOLUTION OVER THE YEARS
18
Adj.
EBITDA Margins
(1)
• Focus on organic growth
combined with transformative
and bolt-on acquisitions
• Divested commodity businesses
tied to more cyclical end markets
• Expanded presence in high
growth areas of sustainable
solutions, specialty healthcare
applications, composites and
more resilient end markets
5.4%
11.5%
16.1%
2006 2018 2022PF
$142
$408
$585
2006 2018 2022PF
2006 figures exclude joint venture results
19
RETURNING CASH TO SHAREHOLDERS
Growing Dividend
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
1.0
11 12 13 14 15 16 17 18 19 20 21 22
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
0.99
11 12 13 14 15 16 17 18 19 20 21 22 23
~$1Bn
REPURCHASED
OVER LAST 11 YEARS
~$550MM
PAID OVER LAST 11 YEARS
Dividends Share Repurchases
Cumulative Buybacks
$
B
n
$
p
e
r
sh
a
re
$2.95
2022 PRO FORMA
ADJUSTED EPS
Earnings Growth
Expanding Profitability
$0.15
$1.09
$2.08
$2.67
$2.95
2009 2012 2015 2018 2022PF
T H I R D Q U A R T E R 2 0 2 2
R E S U L T S
$110
$119
2021 2022
$0.61
$0.59
2021 2022
Q3 2022 PERFORMANCE
( T O TA L C O M PA N Y C O N T.
Sales EBITDA
Specialty Engineered Materials
Color Additives and Inks
$585M$3,635M
(1)
Transportation
9%
Healthcare
8%
29
C O L O R , A D D I T I V E S & I N K S
2 0 2 2 R E V E N U E | $ 2 . 3 B I L L I O N
US & Canada
35%
EMEA
40%
Asia
20%
Latin America
5%
END MARKET REGION
30
Packaging
33%
Consumer
22%
Healthcare
9%
Industrial
15%
Transportation
8%
Building &
Construction
11%
Telecommunications
1% Energy
1%
Figures represent 2022 full year estimates
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
2 0 2 2 P R O F O R M A R E V E N U E | $ 1 . 3 B I L L I O N
END MARKET
US & Canada
50%
EMEA
35%
Asia
15%
REGION
31 Figures represent 2022 full year estimates
Packaging
5%
Consumer
19%
Healthcare
8%Industrial
16%
Transportation
10%
Telecommunications
10%
Energy
9%
Defense
15%
Building &
Construction
8%
Packaging
31%
Consumer
28%
Healthcare
8%
Industrial
13%
Building &
Construction
5%
Telecommunications
3%
Energy
2% Defense
1%
Asia
(20% of sales)
Transportation
9%
2 0 2 2 P R O F O R M A AV I E N T R E G I O N A L S A L E S
B Y E N D M A R K E T
Packaging
29%
Consumer
13%
Healthcare
5%
Industrial
17%
Building &
Construction
11%
Energy
5%
Defense
7%
EMEA
(35% of sales)
Transportation
10%
Packaging
14%
Consumer
23%
Healthcare
11%
Industrial
15%
Building &
Construction
12%
Energy
5%
Defense
7%
US &
Canada
(40% of sales)
Transportation
7%
Packaging
49%
Consumer
22%
Healthcare
8%
Industrial
9%
Building &
Construction
6%
Telecommunications
1%
LATAM
(5% of sales)
Transportation
5%
Telecommunications
3%
Telecommunications
6%
Figures represent 2022 full year estimates32
https://www.avient.com/sites/default/files/2023-11/SEM TPE Product Selector Guide _N. America only_2023.pdf
FEATURED TPES FOR CONSUMER APPLICATIONS
CO
N
SU
M
ER
GENERAL PROPERTIES REGULATORY OVERMOLDING PROCESS FEATURES
Appearance Hardness Specific Gravity
Food
Contact UL 94
Suitable
Substrates Injection Extrusion
ASTM
Shore
ASTM
(D792)
Consumer Electronics Series
Versaflex™ CE 3120-40 Natural 42A 0.92 - -
PC, ABS, PC/ABS,
COPE ✔
-
Good compression set—ideal for
device cases or electronic grips
Versaflex™ CE 3120-65 Natural 66A 1.15 - HB
PC, ABS, PC/ABS,
COPE ✔
-
Chemical and abrasion resistant; 4.69 cradle-to-gate
PCF—ideal for device cases or electronic grips
Versaflex™ CE 3140-65N Natural 65A 1.00 - -
PC, ABS, PC/ABS,
COPE ✔
-
5G transparent materials—ideal for
device cases or gaskets
Versaflex™ CE 3140-90N Natural 90A 1.01 - -
PC, ABS, PC/ABS,
COPE ✔
-
5G transparent materials—ideal for
device cases or gaskets
Versaflex™ CE 3620
Black/
Natural
65A 1.00 - HB
PC, ABS, PC/ABS,
COPE ✔
-
Chemical and abrasion resistant, hydrolitically
stable—ideal for electronic grips/gaskets or wearables
Engineering Resin Overmolds
Versaflex™ OM 1060X-1 Natural 60A 0.93 ✔ - PC, ABS, PC/ABS ✔ - Versatile OM resin—ideal for grips/gaskets
Versaflex™ OM 9-801N Natural 47A 1.04 ✔ HB
PC, ABS, PC/ABS,
PPO, POM, COPE,
PMMA, HIPS
✔ - Soft touch/rubber feel—ideal for grips/gaskets
Versaflex™ OM 9-802CL Clear 40A 0.92 ✔ -
PC, ABS, PC/ABS,
COPE ✔
- Soft touch/rubber feel—ideal for grips/gaskets
Versaflex™ OM 6059-9 Black 58A 1.10 - HB PA 6 and 6,6 ✔ -
Superior adhesion—ideal for grips,
power tools/equipment
Versaflex™ OM 6160-1
Black/
Natural
60A 1.11 ✔ HB PA 6 and 6,6 ✔
Superior adhesion—ideal for grips,
power tools/equipment
Versaflex™ OM 6240-1 Natural 43A 1.09 - - PA 6 and 6,6 ✔ -
Superior adhesion — ideal for grips,
power tools/equipment
Versaflex™ OM 6258-1 Natural 62A 1.09 - - PA 6 and 6,6 ✔ -
Superior adhesion—ideal for grips,
power tools/equipment
Versaflex™ OM 6258-9 Black 62A 1.09 - HB PA 6 and 6,6 ✔ -
Superior adhesion—ideal for grips,
power tools/equipment
Versaflex™ OM 6275-9 Black 75A 1.10 - - PA 6 and 6,6 ✔ -
Superior adhesion—ideal for grips,
power tools/equipment
Versollan™ OM1255NX Black 59A 1.05 - HB
PC, ABS, PC/ABS,
PC/PBT, COPE ✔
- Superior adhesion—ideal for power tool grips
Versollan™ RU 2205-1 Natural 65A 1.16 - HB
PC, ABS, PC/ABS,
COPE ✔ ✔
High performance, rubber feel
GENERAL PROPERTIES REGULATORY OVERMOLDING PROCESS FEATURES
Appearance Hardness Specific Gravity
Food
Contact UL 94
Suitable
Substrates Injection Extrusion
ASTM
Shore
ASTM
(D792)
Special Series
Versaflex™ VDT 4202-40B Black 40A 1.00 - - PP ✔ ✔
Vibration dispersion—ideal for washer/dryer
feet or shin guards
Versaflex™ G2800-17 Pink 18 OO 0.85 - - - ✔ - Skin-like feel—ideal for adult toys
Versaflex™ SP 2820-55N Natural 55A 0.91 ✔ - - ✔ ✔ Superior puncture and tear resistance—ideal for dog toys
Versaflex™ XP 2850 Natural 55A 0.88 ✔ - - ✔ ✔ Wet grip—ideal for water sports or grips
Versaflex™ GP 2810-40N AM US Translucent 45A 0.87 ✔ - - ✔ - Antimicrobial
Versaflex™ CE 3120-65 AM Natural 67A 1.15 - -
PC, ABS, PC/ABS,
COPE ✔
- Antimicrobial for consumer electronics
Versalloy™ XL 9045-1 Natural 44A 0.88 ✔ - - ✔ -
Excellent flow for long, thin flow paths—
ideal for grips or thin wall parts
Versalloy™ XL 9055-1 Natural 53A 0.89 ✔ - PP ✔ -
Excellent flow for long, thin flow paths—
ideal for grips or thin wall parts
Versalloy™ XL 9055X-9 Black 53A 0.89 ✔ HB PP ✔ -
Excellent flow for long, thin flow paths—
ideal for grips or thin wall parts
Versalloy™ XL 9070-1 Natural 70A 0.89 ✔ - PP ✔ -
Excellent flow for long, thin flow paths—
ideal for grips or thin wall parts
Versalloy™ XL 9070X-9 Black 70A 0.89 ✔ HB PP ✔ -
Excellent flow for long, thin flow paths;
2.54 cradle-to-gate PCF—ideal for grips or thin wall parts
Dynaflex™ G7702-9001-02 Black 37A 1.10 - - PP ✔ ✔ High temperature performance—ideal for seals and gaskets
Dynalloy™ DT 7910W White 45A 0.93 ✔ - - ✔ ✔ Low compression—ideal for dairy tubing
Versaflex™ CL 2000X Clear 3A 0.87 ✔ - - ✔ ✔ Ultra soft
Versaflex™ CL 2003X Clear 33 OO 0.87 ✔ - - ✔ ✔ Gel feel
Versaflex™ CL30 Clear 30A 0.89 ✔ - PP ✔ ✔ High clarity, high tackiness
Versaflex™ CL40 Clear 43A 0.89 ✔ HB - ✔ ✔ High clarity, high tackiness
General Purpose Series
Versaflex™ GP 2810 Translucent 20A–60A 0.88 ✔ - - ✔ ✔ Unfilled
Versaflex™ GP 2810 Translucent 70A–90A 0.89 ✔ HB - ✔ ✔ Unfilled
Dynaflex™ G7920 Natural/Black 20A 1.01 ✔ - PP ✔ ✔ Filled
Dynaflex™ G7900 Natural/Black 30A–90A 1.05–1.20 ✔ HB PP ✔ ✔ Filled
FEATURED TPES FOR CONSUMER APPLICATIONS
CO
N
SU
M
ER
GENERAL PROPERTIES REGULATORY OVERMOLDING PROCESS FEATURES
Appearance Hardness Specific Gravity
Compression Set
@ 23°C
Compression Set
@ 100°C
Food
Contact
ISO
10993 USP VI UL 94
Suitable
Substrates
Injection Extrusion
ASTM
Shore A
ASTM
(D792) ASTM % ASTM %
Tubing
Versaflex™ G2705 N Translucent 60 0.89 20 - ✔ ✔ ✔ ✔ PP ✔ ✔
High resiliance, low compression set, and good puncture
sealing–ideal for medical and biopharma tubing
Versaflex™ HC BT218 Translucent 67 0.89 19 69 - ✔ ✔ ✔ - - ✔ Weldable and kink resistant—ideal for biopharma tubing
Versalfex™ HC BIO BT218 Translucent 70 0.88 18 58 - ✔ ✔ - - - ✔
Weldable and kink resistant; 40% bio-derived content
(Gen 1 biomass)—ideal for biopharma tubing
Versaflex™ HC MT317 Translucent 68 0.89 17 69 - ✔ ✔ ✔ - - ✔
Flexible and kink resistant, high service temperature
—ideal for medical and biopharma tubing
Versalloy™ HC 9220-70 Natural 70 0.95 17 51 - ✔ ✔ - PP ✔ ✔
High temperature resistance—ideal for
peristaltic pump tubing
Syringe Components
Versaflex™ HC 2110-35N Natural 35 0.89 19 47 - ✔ ✔ - LDPE, PP ✔ -
Good puncture sealing and elevated temperature
performance—ideal for septums
Versaflex™ HC 2110-57B Black 57 1.01 20 37 - ✔ ✔ - - ✔ -
Low coefficient of friction and elevated temperature
performance—ideal for plungers and stoppers
Engineering Resin Overmolds
Versaflex™ OM 1040X-1 Translucent 42 0.92 22 - ✔ ✔ ✔ - PC, ABS, PC/ABS ✔ -
Good compression set at room temperature—
ideal for seals and grips
Versaflex™ OM 3060-1 Clear 59 0.90 33 - ✔ ✔ ✔ HB
PC, ABS, PC/ABS,
PC/PETG, PC/PBT ✔
-
Good compression set at room temperature
and UV stability—ideal for seals and grips
Versaflex™ OM 8940X-1 Clear 40 0.92 20 - ✔ ✔ - -
PK, COPE, PC, ABS,
PC/ABS ✔
-
Excellent chemical resistance to alcohols and
disenfectants—ideal for grips on medical devices
Versaflex™ OM 4052 Translucent 56 1.01 27 - ✔ - - - PC, ABS, PC/ABS ✔ -
Excellent chemical resistance to skin oils,
like sebum, and hand lotion—ideal for
consumer healthcare applications
Versaflex™ OM 4063 Translucent 64 1.12 30 - ✔ - - PC, ABS, PC/ABS ✔ -
Excellent chemical resistance to skin oils,
like sebum, and hand lotion—ideal for
consumer healthcare applications
General Purpose Applications
Versaflex™ CL E85 Clear 85 0.90 20 72 ✔ ✔ ✔ - - - ✔ High clarity without plasticizers—ideal for extrusion
Versaflex™ HC 3810 Series Translucent 20–90 0.88 16 54 - ✔ - - - ✔ -
Formulated without animal derivatives,
excellent colorability—ideal for seals and labware
Versaflex™ G2705 N Translucent 60 0.89 20 - ✔ ✔ ✔ - PP ✔ ✔
High resiliance, low compression set,
and good puncture sealing
Versalloy™ HC 9220-70 Natural 70 0.95 17 51 - ✔ - - PP ✔ ✔ High temperature resistance
Versalloy™ HC 9210 Series Natural 55 & 70 0.89 20 44 - - ✔ - - ✔ -
Formulated without animal derivatives—
ideal for injection molding long thin flow paths,
smooth surface aesthetics
Versaflex™ CL2242 Clear 43 0.89 23 - ✔ ✔ ✔ - - ✔ - High clarity maintained after boiling cleaning processes
Versaflex™ CL2250 Clear 50 0.89 20 - ✔ ✔ ✔ - - ✔ - High clarity maintained after boiling cleaning processes
FEATURED TPES FOR HEALTHCARE APPLICATIONS
H
EALTH
CAR
E
GENERAL PROPERTIES REGULATORY BONDING PROCESS FEATURES
Appearance Hardness Specific Gravity Weatherability* VOC FOG Odor** UL 94
Suitable
Substrates Injection Extrusion
ASTM
Shore A
ASTM
(D792)
Internal QUV
1000hrs (Delta E)
VDA 278
μg/g (ppm)
VDA 278
μg/g (ppm)
Recycled Content Series
reSound™ REC OF 7310-80
Black/
Natural (Gray)
80 0.90 0.35 75 379 3 (VDA 270) - PP ✔
35% PCR/PIR content (food packaging)—
ideal for automotive interior applications
reSound™ REC OF 7310-90
Black/
Natural (Gray)
90 0.91 0.11 160 557 3 (VDA 270) - PP ✔
45% PCR/PIR content (food packaging)—
ideal for automotive interior applications
General Purpose Series
OnFlex™ G7705 B Black 42 1.20 - - - - - PP ✔ ✔ Easy processing for a wide variety of applications
OnFlex™ G7705 N Natural 44 1.18 - - - - - PP ✔ ✔ Easy processing for a wide variety of applications
OnFlex™ G7720 B Black 57 1.16 0.55 - - - HB PP ✔ ✔ Easy processing for a wide variety of applications
OnFlex™ G7720 N Natural 55 1.17 3.72 - - - HB PP ✔ ✔ Easy processing for a wide variety of applications
OnFlex™ G7820 N Natural 92 1.14 - - - - - PP ✔ ✔ Easy processing for a wide variety of applications
Automotive Fasteners & Interior Components
OnFlex™ AF 7210 Series Natural 40–90 1.00 - - - - - PP ✔ - Low odor and good UV resistance
OnFlex™ AF 7210 Black 40 1.00 0.49 113 845
2 (SAE J1351,
Dry)
- PP ✔ - Low odor and good UV resistance
OnFlex™ AF 7210 Black 50 1.00 0.42 51 762
2 (SAE J1351,
Dry)
- PP ✔ - Low odor and good UV resistance
OnFlex™ AF 7210 Black 60 1.00 0.21 112 1740
1 (SAE J1351,
Dry)
- PP ✔ - Low odor and good UV resistance
OnFlex™ AF 7210 Black 70 0.99 0.22 105 1976
3 (SAE J1351,
Dry)
- PP ✔ - Low odor and good UV resistance
OnFlex™ AF 7210 Black 80 1.00 0.32 74 4459
3 (SAE J1351,
Dry)
- PP ✔ - Low odor and good UV resistance
OnFlex™ AF 7210 Black 90 1.00 - - - - - PP ✔ - Low odor and good UV resistance
HVAC & Interior Components
OnFlex™ LO 7120-45N Natural 45 1.15 3.21 41 521
2 (SAE J1351,
Dry)
- PP ✔ -
Significant reductions in VOCs and fogging
compared to traditional TPE technologies
GLS™ TPEs with Antimicrobial Technologies
OnFlex™ LO 7120-45B AM Black 45 1.13 0.52 - - - - PP ✔ - Imbedded antimicrobial technology
FEATURED TPES FOR TRANSPORTATION APPLICATIONS
TRAN
SPO
RTATIO
N * Values were taken on 3mm plaques following 1000hrs of continious exposure to UVA-340
** Samples were conditioned at 23C at 35% RH for 24 hrs.