https://www.avient.com/sites/default/files/2021-02/versaflex-non-blooming-solution-technical-bulletin.pdf
TECHNICAL BULLETIN 1.844.4AVIENT www.avient.com PROPERTY TEST METHOD UNITS VERSAFLEX ™ CE 3130-80N VERSAFLEX™ CE 3130-70N Shore Hardness ASTM D2240 Shore A 79 69 Specific Gravity ASTM D792 g/cm3 1.08 1.04 Tensile Strength ASTM D412 psi 2,484 2,222 Melting Flow Index (190°C, 21.6kg) ASTM D1238 g/10min 5.2 4.4 Elongation ASTM D412 % 864 667 Flexural Modulus @ 300% ASTM D790 psi 975 855 Viscosity @ 11,170 sec, 200°C ASTM D3835 Pa.s 30.6 22.2 Abrasion (Mass Lost) ASTM D3389 mg 1.1 2.6 UV Resistance 0.68W/m 2 45°C 168hours — Good Good Stain Resistance *Condition 1*Condition 2 — Excellent Excellent Blooming 85% RH30°C,168 hours — Non Non Processing (Demold) — — Excellent Good Cycle Time — — Short Middle Overmold Substrate — — PC/ABS PC/ABS KEY PROPERTIES AND OVERMOLD PERFORMANCE Copyright © 2021, Avient Corporation. Condition 2: Sunblock and hand cream stand on the surface for 24 hours at 50°C, then removed to observe the surface performance. UV Resistance Test - 0.68W/m2 @ 45°C expose 168 hours Anti-abrasion Test - H18 wheel load 1kg @ 500 cycles Surface/Non-blooming - Visual observation Touch Feel - Hand touch Mechanical Properties - Refer to hardness, gravity, tensile strength, elongation, MFI, and flexural modulus, which are tested using ASTM methods Processing - Demold speed & cycle time TEST RESULTS Comprehensively, the Versaflex CE 3130 non-blooming series performed better than competitive materials in balancing functional properties and processing.
https://www.avient.com/sites/default/files/2024-01/ECCOH 5983 - Power Cable - Case Study Snapshot.pdf
CABLE MANUFACTURER J A C K E T F O R P O W E R C A B L E • High tear resistance > 11 N/mm • High ESCR performance • Cost efficient solution • Hot pressure resistance above 80°C • Provided a jacket solution that complies with the LTS1 requirement as per BS 7655-6.1 • Enabled use in armored cables operating at a maximum conductor temperature of 90°C • Supported customer to optimize processing of the new material ECCOH™ LSFOH 5983 Formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
C O - C R E AT I O N D is t. ) K W R P P G A V Y F U L R P M G C P H X L F M C H U N IF F E C L A S H K R A E M N C E S C L A L B Median: 5%Median: 3% Source: Peer data per Bloomberg market data as of 2021年7月28日 Avient reflects 2021 estimated revenue of $4,650M and excludes one-time synergy capture CAPEX ($20M) Avient Specialty Formulators Other Chemical/Specialty Companies Free Cash Flow Conversion (1) 2021E (%) Being asset light helps us to generate strong free cash flow that is in line with specialty formulators. Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA Median: 81% Median: 78% H I G H F R E E C A S H F L OW C O N V E R S I O N Avient reflects 2021 estimated EBITDA of $580M and excludes one-time synergy capture CAPEX ($20M) Source: Peer data per Bloomberg market data as of 2021年7月28日 87 90 86 82 80 78 73 87 82 82 79 79 78 78 77 76 71 67 46 A vi e n t K W R P P G A V Y F U L R P M G C P F M C U N V R C E IF F A S H E C L B N R E M N H X L H U N K R A S C L A L B (6) Source: Peer data per Bloomberg market data as of 2021年7月28日 Total Enterprise Value / 2021E EBITDA Our current valuation with updated guidance implies an EBITDA multiple that is below specialty formulator peers and the median of other selected chemical / specialty companies.
https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
GUIDANCE ( T O TA L C O M PA N Y ) 11 $845 $824 Guidance Actual $130 $131 Guidance Actual Sales Adjusted EBITDA (in millions) $0.60 $0.63 Guidance Actual Adjusted EPS (in millions) Q2 2023 PERFORMANCE VS. GUIDANCE ( T O TA L C O M PA N Y ) 12 15.4% 15.9% Guidance Actual Adjusted EBITDA Margin % Better-than-expected margins driven by: • Favorable mix - strong demand for composite applications • Raw material deflation Q2 EBITDA BRIDGE ( T O TA L C O M PA N Y ) 13 ($ millions) CAI: Price / Mix 7) Deflation 11) SEM: Price / Mix 2) Deflation 6) Net Price Benefit 26) Wage and Energy Inflation (10) Cost Reductions 13) FX (2) Q2 2023 Actual $131) Adjusted EBITDA Q2 2022 Pro Forma $ 172) Demand (68) • Demand conditions vs. Avient reflects 2023 adjusted EBITDA guidance of $525M and estimated run-rate CAPEX of $110M. 2023E (%) 27 79 89 83 83 78 75 90 81 76 72 68 63 53 11 A vi e n t K W R F U L P P G A V Y R P M F M C C E E C L A S H H X L H U N E M N S C L Avient Specialty Formulators Other Specialty / Chemical Companies MULTI PL E EX PANSION Source: Peer data per Bloomberg as of 2023年8月17日 Note: Avient reflects 2023 adjusted EBITDA guidance of $525M and closing share price of $37.07.
https://www.avient.com/sites/default/files/2021-10/microbial-susceptibility-of-various-polymers-and-evaluation.pdf
C. C. C.
https://www.avient.com/sites/default/files/2022-04/Avient Acquisition of Dyneema and Q1 2022 Results_0.pdf
NYSE: AVNT) AVIE NT CORP ORAT ION S P E C I A L T Y P O R T F O L I O T R A N S F O R M A T I O N C O N T I N U E S W I T H D Y N E E M A A C Q U I S I T I O N 2 0 2 2 F I R S T Q U A R T E R R E S U L T S D I S C L A I M E R 2 Forward-Looking Statements In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Purchase price multiple rapidly declining on strength of business and synergy capture (1) (1) (1) Financial information is pro forma to include a full year of Clariant Color acquisition ($ in millions) 11.9% 16.2% 2019PF 2021 EBITDA Margins (1) S P E C I A LT Y T R A N S F O R M AT I O N 7% 46% 66% 86% 100% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2021 2022 PF % o f A dj us te d E B IT D A (1 ) JVs Distribution Performance Products & Solutions Specialty (1) Adjusted EBITDA is EBITDA excluding corporate costs and special items (2) Pro forma for the acquisition of Dyneema® and potential divestiture of Distribution (2) 29 12% 18% 16% 15% 15% 14% 14% 28% 28% 26% 25% 22% 21% 19% 16% 12% 9% 9% A vi en t T od ay A vi en t P F A V Y P P G K W R FU L R P M C E A LB FM C A S H E C L E M N H X L H U N S C L B N R U N V R Median: 21%Median: 15% 2 0 2 2 E B I T DA M A RG I N S V S . Financials are pro forma for the acquisition of Dyneema® and potential divestiture of Distribution Avient Specialty Formulators Other Specialty / Chemical Companies 30 CULTURE AND PEOPLE 31 O U R S P E C I A LT Y J O U R N E Y C O N T I N U E S 32 • Dyneema® brings leading technology and brand with the World’s Strongest Fiber™, deep history of application development and strong management team focused on specialty applications • Dyneema® transaction is aligned with our previously stated acquisition goal of expanding our composites and fiber capabilities • Similar to our other technology expansion acquisitions, Dyneema® allows us to leverage our invest-to-grow strategy • We plan to explore a possible sale of our Distribution business.
https://www.avient.com/sites/default/files/2022-02/Bergamid - Hair Clippers - Application Snapshot.pdf
E L E C T R I C H A I R C L I P P E R S H A I R S T Y L I N G A P P L I A N C E M A N U FAC T U R E R • Regulatory – UL rated flame retardancy • High stiffness and impact resistance • Excellent surface appearance • Colorability/color matching – specific black color • Provided color matching expertise to match glass fiber reinforced formulation to specific customer requirement • Enabled customer to diversify into a new market with a new design of hair clipper for consumers • Developed material quickly - three months from brief to production Bergamid™ A700 glass reinforced flame retardant formulation KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2022-11/WPC Sheet Decking Application Snapshot.pdf
WO O D P L A S T I C C O M P O S I T E ( W P C ) M F G S H E E T A N D D E C K I N G • Lightweighting solution offering energy savings and manufacturing efficiencies • Reduced downtime associated with poor quality rejections • Consistent and uniform cell structure in decking material • Compatibility with mono-core extrusion formula (rice hull bio-filler and virgin PVC) when used with a chemical foaming additive • Density control of 0.60-0.65 g/cc in production • Provided a CFA solution that offered energy savings, process optimization, and extended manufacturing run times • Enabled improved performance results and enhanced process control • Allowed tighter tolerance control with uniform cell structure, eliminating voids and surpassing density target ($100K savings) • Increased productivity and aesthetic finish with secondary operations (sanding) KEY REQUIREMENTS Excelite™ Chemical Foaming Additives (CFA) WHY AVIENT?
https://www.avient.com/sites/default/files/2023-04/Chain Extenders for rPET Fibers in Automotive - Application Snapshot.pdf
C A R C O M P O N E N T M A N U FAC T U R E R A C O U S T I C A N D T H E R M A L M A N A G E M E N T S Y S T E M S • High rPET content without loss of tenacity • High volume production • Color options • Offered a chain extender that supports stable spinning and maintains fiber tenacity to help achieve targeted rPET content • Provided technical support for production scale-up • Proposed different color concentrates suitable for application and polymer grade Cesa™ Fiber Additives – chain extenders for recycled polyester (rPET) KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2024-04/Metallic Effect Sulfone case study.pdf
PTFE Wire insulation C O N S U M E R & A E R O S PA C E M O L D E R S M E T A L L I C - E F F E C T S U L F O N E S O L U T I O N • Metallic appearance • FDA-food contact compliance* • Resistant to repeated washing, steam sterilization, and chemical disinfection cycles • Easy processing to meet flexible design requests • Lightweight to support a reduction in carbon emissions • Created a variety of food contact-approved, brilliant metallic effect colors such as gold, silver, and bronze for optimal aesthetics • Ensured excellent mechanical performance after repeated steam sterilization and harsh chemical cleaning cycles • Offered low MOQ with flexible supply options Colorant Chromatics and BASF Ultrason® high-performance polymers in metallic colors KEY REQUIREMENTS WHY AVIENT?