What market trends and requirements call for these high-performance thermoplastics?

So the designers met with the Avient automotive team in China to see what more could be done with the additives.

You may know us for our industry-leading technologies, but our services are what truly differentiate us from the competition.

What are the key characteristics to consider when choosing a material for ADAS housings?

Thermoset vs Thermoplastic (What’s the difference?) What is Computer-Aided Engineering (CAE)? What other challenges are you facing?

Each of such adjustments has not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. Three Months Ended September 30, Nine Months Ended September 30, Reconciliation to Consolidated Statements of Income 2022 2021 2022 2021 Sales $ 823.3 $ 818.0 $ 2,606.5 $ 2,508.5 Gross margin - GAAP 195.4 215.6 710.7 727.3 Special items in gross margin (Attachment 3) 31.8 17.3 35.6 27.7 Adjusted gross margin $ 227.2 $ 232.9 $ 746.3 $ 755.0 Adjusted gross margin as a percent of sales 27.7 % 28.5 % 28.6 % 30.1 % Operating income - GAAP 40.6 52.8 242.9 229.6 Special items in operating income (Attachment 3) 40.2 20.0 48.8 36.6 Adjusted operating income $ 80.8 $ 72.8 $ 291.7 $ 266.2 Adjusted operating income as a percent of sales 9.8 % 8.9 % 11.2 % 10.6 % The table below reconciles pre-special income tax expense and the pre-special effective tax rate to their most comparable US GAAP figures.

Each of such adjustments has not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. Three Months Ended December 31, Year Ended December 31, Reconciliation to Consolidated Statements of Income 2022 2021 2022 2021 Sales $ 790.4 $ 807.1 $ 3,396.9 $ 3,315.5 Gross margin - GAAP 172.0 216.6 882.7 943.8 Special items in gross margin (Attachment 3) 45.5 5.9 81.1 33.6 Adjusted Gross margin $ 217.5 $ 222.5 $ 963.8 $ 977.4 Adjusted Gross margin as a percent of sales 27.5 % 27.6 % 28.4 % 29.5 % Operating income - GAAP 0.4 50.2 243.3 279.7 Special items in operating income (Attachment 3) 59.9 11.2 108.7 47.8 Adjusted Operating income $ 60.3 $ 61.4 $ 352.0 $ 327.5 Adjusted Operating income as a percent of sales 7.6 % 7.6 % 10.4 % 9.9 % The table below reconciles pre-special income tax expense and the pre-special effective tax rate to their most comparable US GAAP figures.

Each of such adjustments has not yet occurred, are out of the Company's control and/or cannot be reasonably predicted. Three Months Ended December 31, Year Ended December 31, Reconciliation to Consolidated Statements of Income 2023 2022 2023 2022 Sales $ 719.0 $ 790.4 $ 3,142.8 $ 3,396.9 Gross margin - GAAP 208.9 172.0 892.5 882.7 Special items in gross margin (Attachment 3) 17.6 45.5 80.0 81.1 Adjusted gross margin $ 226.5 $ 217.5 $ 972.5 $ 963.8 Adjusted gross margin as a percent of sales 31.5 % 27.5 % 30.9 % 28.4 % Operating income - GAAP 43.1 0.4 196.8 243.3 Special items in operating income (Attachment 3) 26.1 59.9 116.0 108.7 Adjusted operating income $ 69.2 $ 60.3 $ 312.8 $ 352.0 Adjusted operating income as a percent of sales 9.6 % 7.6 % 10.0 % 10.4 % The following pro forma adjustments are referenced by management to provide comparable business performance by incorporating the APM business in periods prior to the acquisition date (September 1, 2022).

WHAT IT DOES This range of additives offers food contact approved solutions that address these changing market requirements, to help improve existing film properties such as slip, anti-block, anti-static or no-fog.

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