https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022_0.pdf
PET sheets can be used to make a variety of plastic products and film is often used for tape backing, plastic wrap, medical packaging, and protective coating on windows.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Annual%2520Report.pdf
In the medical industry, plastics are used for a vast array of devices and equipment, including blood and intravenous bags, medical tubing, catheters, lead replacement for radiation shielding, clamps and connectors to bed frames, curtains and sheeting, electronic enclosures and equipment housings. We also provide custom-formulated liquid systems that meet a variety of customer needs and chemistries, including polyester, vinyl, natural rubber and latex, polyurethane and silicone. The Geon business delivers an array of products and services for vinyl molding and extrusion processors located in North America and Asia.
https://www.avient.com/sites/default/files/2024-12/AVNT Investor Day 2024 Presentation.pdf
Copyright © . 2024 23 Diverse technology portfolio Commercial excellence, financial rigor & prudence Culture of safety and sustainability FOUNDATIONAL STRENGTHS Unwavering customer focus Global reach with a local touch Innovation Digital for Operational Excellence and Growth Leadership, talent STRATEGIC DRIVERS OUR PURPOSE Innovator of materials solutions to help our customers succeed, while enabling a sustainable world STRATEGIC APPROACH Intersecting high growth markets and secular trends with our technologies to create product platforms of scale Catalyze the core Build new platforms of scale GROWING AT GDP+ GROWING AT 10% PLUS CAGR Copyright © . 2024 24 Redesigning organizations & compensation to drive strategy Compensation • Designed a new compensation plan directly to our strategy execution Colors, and Inks Specialty R&D Research and Development New business development & marketing excellence • New SVP hired • Reorganized under a single global leadership eliminated structure and complexity “play to win” focused organizations for growth vectors up front • New CTO hired Copyright © . 2024 25 Strong and committed team leading the change Leslie Sequeira Chief Information Officer SVP and Chief Financial Officer Joel Rathbun SVP Mergers & Acquisitions SVP and President Color, Additives and Inks SVP and President Specialty Engineered Amy Sanders SVP, General Counsel and Secretary Kyle Rose VP, Corporate Communications John Midea SVP, Global Ops and Process Improvement Kristen Gajewski SVP and Chief Human Resources Officer ALSO HERE TODAY Phil Clark SVP and Chief Technology Officer ALSO HERE TODAY Mike Irwin SVP, New Business Development and Marketing Excellence Color, Additives and Inks SEGMENT STRATEGIC REVIEW Copyright © . 2024 28 Solutions provider of customized color and functionality to enhance and improve polymers Color, Additives and Inks – an overview 34% 37%21% 8% US, Canada Europe, Middle East, Africa Latin America $2.0B • Differentiate and enhanced aesthetic appeal of our customers’ products • Enable sustainability through our solutions • Safeguard and preserve packaged contents • Extend product shelf life KEY E N D MARKETS PACKAGING CONSUMER HEALTHCARE BUILDING & CONSTRUCTION INDUSTRIAL TRANSPORTATION Copyright © . 2024 29 Our value we know color color designs completed annually 400,000 color formulations manufacturing footprint in industry 550 commercial resources globally serving locally we are global we innovate 18,000 sustainable solutions broadest portfolio in industry 14,500 additives solutions and growing Copyright © . 2024 30 Portfolio of CAI solutions Solid Colorants Liquid Recycling solutions Barrier enhancements Surface modifiers Plastisol Water-based Bio-based Silicone dispersion Vinyl formulations Specialty coatings Advanced dispersionsScreen printing inks Copyright © . 2024 31 CAI sales growth faster response to customer needs tailored to local needs...globally enhance service with digital tools Copyright © . 2024 32 Personalized, self-administered 32 CAI PORTFOLIO Copyright © . 2024 33 • Regulatory compliance • Reliable material quality and uninterrupted supply • Supply chain risk mitigation • Global reach $6B ADDRESSABLE MARKET AVIENT VALUE PROPOSITION • ISO 13485 accredited sites • Globally approved raw material portfolio • Strict change management • Global supply Auto injectors Syringes Inhalers OTHER APPLICATONS • In-vitro diagnostics • Remote monitoring • Pharma packaging • Catheters • Medical equipment Copyright © . 2024 34 • Reducing material and energy usage • Achieving sustainability goals and objectives • Improved product performance, structural integrity $5B ADDRESSABLE MARKET AVIENT VALUE PROPOSITION • Best-in-class additives for a wide range of polymer processing temperatures • Design services to simulate foaming and mold designs TransportationWood plastic composite decking Bottles and food packaging Building and Copyright © . 2024 35 • Regulatory restrictions with the removal of PFAS in multiple end markets • Major retailers requiring PFAS content declaration from suppliers • Enhanced plastic properties, aesthetics and processability • Specialized functionalities making plastics a safe option in demanding applications $8B ADDRESSABLE MARKET OTHER APPLICATONS • Electrical connectors • Labware • Food contact appliances Flexible film Artificial turf Food storage, oil containers 36Copyright © . Non-PFAS additives EXISTING EVOLVING pipette tips Non-PFAS polymer processing aids flame retardants Meeting tough flame retardancy regulations medical tubing solvent barrier Oil and solvent resistant Copyright © . 2024 37 Margin expansion opportunity CAI margin expansion +350bps margin expansion • Organic volume growth and SG&A efficiencies from prioritizing resources • Increased sales in higher margin growth platforms such as functional additives Productivity • Plant network optimization • Manufacturing efficiencies • Sourcing programs 38Copyright © .
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Recycled PET 2022.pdf
PET sheets can be used to make a variety of plastic products and film is often used for tape backing, plastic wrap, medical packaging, and protective coating on windows.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Proxy%2520Statement%25202016.pdf
Jellison Age: 58 Director Since: 2015 Vice President, Chief Financial Officer of Stryker Corporation, one of the world’s leading medical technology companies, since 2013. Finally, Global CARE Insurance (Critical Care Air Rescue and Evacuation), which provides supplemental medical services and medical transportation related to business travel, is provided to all Named Executive Officers. In addition, he and his eligible dependents will have access to the same retiree medical benefits made available to all retirement eligible employees under our standard retiree medical benefit program, to the extent we continue to maintain such programs for the benefit of our retirees and their eligible dependents.
https://www.avient.com/sites/default/files/2024-03/AS-FILED EF20024640 Avient Corp ARS.pdf
In the medical industry, plastics are used for a vast array of devices and equipment, including blood and intravenous bags, medical tubing, catheters, lead replacement for radiation shielding, clamps and connectors to bed frames, curtains and sheeting, electronic enclosures and equipment housings. Our colorant and additives concentrates are used in a broad range of polymers, including those used in medical and pharmaceutical devices, food packaging, personal care and cosmetics, transportation, building products, wire and cable markets. We also provide custom-formulated liquid systems that meet a variety of customer needs and chemistries, including polyester, vinyl, natural rubber and latex, polyurethane and silicone.
https://www.avient.com/sites/default/files/2021-11/avient-design-ergonomic-design-guide.pdf
This focus on the user should, at a minimum, include age range and ratios, gender ratio, and specific physical, cognitive and sensory limitations (particularly for medical or pharmaceutical devices). You should carefully consider what effect the ambient temperature will have on device usability, particularly in demanding environments such as manufacturing, agriculture, building and construction, and medical/surgical settings.
https://www.avient.com/sites/default/files/2023-11/AVNT Q3 2023 Earnings Presentation - Website.pdf
PRIOR YEAR $790 $710 2022 2023 $107 $112 2022 2023 Sales Adjusted EBITDA $0.42 $0.47 2022 PF 2023 Adjusted EPS - 10% + 5% + 12% Sales Adjusted EBITDA Adjusted EPS 12 $112 $500 $0.47 $2.30 Q4 AND FULL YEAR 2023 GUIDANCE $710 $3,130 Sales Adjusted EBITDA Adjusted EPS 13 (in millions) (in millions) Guidance: Free Cash Flow $180 $180 Prior Guidance Guidance FREE CASH FLOW & INCREASED DIVIDEND 13th Consecutive Dividend Increase 0.16 0.26 0.42 0.58 0.79 0.85 0.99 1.03 2011 2013 2015 2017 2019 2021 2023 2024 14 S U S TAI NABI L I T Y DAY RE CAP SUSTAINABILITY AS A GROWTH DRIVERLONG-TERM REVENUE GROWTH DRIVERS 60%+ Key Growth Drivers Sustainable Solutions Composites, Healthcare, Asia / LATAM Overlap Other (GDP Growth) Total Company Revenue Growth Drivers Long-Term Growth Rate Sustainable Solutions 8–12% Composites 8–10% Healthcare 8–10% Asia / LATAM 5% Other (GDP growth) 0–2% Avient 6% 17 SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH 8-12% Long Term Growth 50 90 2022 2030 Medical Plastics Market Size (in $Billions) 2020 2030 Recycled Plastics Virgin Plastics Growing Demand for Recycled Content Avient Sustainable Solutions 18 46 2023 2032 Global Offshore Annual Wind Installations (in Gigawatts) Sources: McKinsey, Bloomberg, Grand View Research SUSTAINABILITY TRENDS DRIVE LONG-TERM GROWTH 18 • Transformative acquisitions combined with divestitures of more cyclical businesses have improved margins over 400 bps since 2018 • 20% long-term margin goal to be driven by key growth drivers, with sustainable solutions playing a meaningful role 5.4% 11.5% 16.0% 2006 2018 2023E Recovery Growth Drivers Strategic Objective 20%+ +1%+ +3%+ ADJUSTED EBITDA MARGIN EXPANSION 19 • 6% annualized long-term sales growth leveraging sustainable solutions, composites, healthcare, and emerging regions • Expand EBITDA margins to 20% • Deliver annual EBITDA and EPS growth of 10% and 15% • Maintain asset-light, 80% free cash flow conversion profile and be valued as a specialty formulator • Continue fostering our Great Place to Work® culture CREATING A WORLD-CLASS SUSTAINABLE ORGANIZATION 20 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/2025-02/Hammerhead FR Panel eBook.pdf
Able to be recycled: used panels can be shredded to produce new reinforced plastic parts using thermoplastic processes like injection molding, extrusion, and thermoforming
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2020-results
The company noted its materials enable food, beverage and medical supplies to continue to be produced, packaged, shipped and used. This includes masks, protective garments, medical tubing and packaging for personal care products.