https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
W H O W E A R E – V I S I O N , S T R AT E G Y, C U LT U R E 3 Avient Corporation (NYSE: AVNT) provides specialized and sustainable material solutions that transform customer challenges into opportunities, bringing new products to life for a better world. 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. With the Clariant Masterbatch acquisition and divestment of the PP&S business, our exposure is now concentrated in less-cyclical and high-growth markets, with increased geographic diversification and a more specialized portfolio that can significantly expand EBITDA margins. 31 Avient reflects 2021 estimated EBITDA of $580M O U R VA LUATI O N V E R S U S P E E R S Avient Specialty Formulators Other Chemical/Specialty Companies 9.5 18.5 15.1 15.1 14.0 11.0 10.4 29.5 28.2 23.9 18.7 12.4 12.2 11.1 9.3 9.2 9.2 7.6 7.6 6.0 A vi e n t K W R P P G A V Y R P M F U L G C P A L B H X L E C L IF F F M C B N R A S H S C L E M N U N V R K R A C E H U N Median: 11.1xMedian: 14.6x S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/products/engineered-polymer-formulations
Bergamid™ FR Non-Halogen Flame Retardant Formulations Bergamid™ / Edgetek™ Solutions for Laser Welding Nymax™ / Bergamid™ Polymer Formulations
https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/nymax-rec-recycled-nylon-formulations
Nylon (polyamide) solutions encompass both custom and standard grades from the prime Bergamid™ / Nymax™ Polymer Formulations and Nymax™ REC Recycled Nylon Formulations portfolio (Chinese language version) Nylon (polyamide) solutions encompass both custom and standard grades from the prime Bergamid™ / Nymax™ Polymer Formulations and Nymax™ REC Recycled Nylon Formulations portfolio (English language version) Polyamide Formulations: Nymax™ / Bergamid™
https://www.avient.com/sites/default/files/2020-10/hiformer-case-study.pdf
C A S T A N D B L O W N F I L M L E A D I N G PAC K AG I N G F I L M S U P P L I E R • Improve quality, limiting melt fracture and die built up • Increase productivity, reducing cleaning frequency • More sustainable manufacturing process • Regulatory compliance HIFORMER™ Liquid Polymer Processing Aid AV I E N T S O L U T I O N • Increased processing efficiency and overall productivity with low let down ratio • Delivered significant improvement in melt fracture and die build up • Sustainability benefits provided, including possibility for longer production runs, reduced energy consumption and less waste W H Y AV I E N T K E Y R E Q U I R E M E N T S P R O D U C T I V I T Y + S U S T A I N A B I L I T Y L E A R N M O R E
https://www.avient.com/sites/default/files/2024-06/CCG Application Snapshot_Oil and Gas Cables_Final.pdf
PTFE Wire insulation ELECTRICAL EQUIPMENT MANUFACTURER H I G H - T E M P E R A T U R E C A B L E S - O I L & G A S I N D U S T R Y • Formulations suitable for a wide range of cable types, including high-voltage and self-regulating heating applications • Fine-tuned and consistent resistivity • Consistent performance across a wide range of temperatures • Optimized dispersion for ease of processing • Provided tailored solutions for specific conductivity requirements, protecting cables against damage from electrostatic discharge (ESD), arc failures, and temperature fluctuation • Supplied ESD and conductive fluoropolymer solutions in PFA, FEP, ETFE and PVDF • Shared more than 40 years of experience in the processing and formulation of fluoropolymers • Offered a global manufacturing footprint Colorant Chromatics Conductive Formulations KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2020-08/case-study-lightweight-garden-hose.pdf
GILMOUR® A Q U A A R M O R T M L I G H T W E I G H T H O S E • Lightweight • Improved kink resistance and flexibility • Soft yet durable solution for consumer appeal • Shelf differentiation • Drinking water safe • Met all requirements with a custom TPE solution, enabling Gilmour to produce a more compact hose about 50% lighter than standard PVC hoses • Incorporated custom colorants for brand consistency, and specialty additives for enhanced UV and abrasion resistance • Delivered a single-material solution for easier manufacturing, and supplied materials locally to align with customer’s “Made in the USA” brand • Provided regulatory and technical support to product development Customized Versaflex™ TPE KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/products/thermoplastic-elastomers/tpe-knowledge-center/technical-bulletins/hardness-vs-thickness
70 Bergamid™ / Edgetek™ Solutions for Laser Welding Nymax™ / Bergamid™ Polymer Formulations
https://www.avient.com/sites/default/files/2023-06/Trilliant HC-auto-injector-snapshot.pdf
M E D I C A L C O N T R AC T M A N U FAC T U R E R A U T O - I N J E C T O R H O U S I N G • Excellent chemical and wear resistance • Excellent impact resistance • Specific color matching based on customer’s needs • Outstanding durability to extend product life • Customized a chemically resistant formulation to offer an impact-modified alternative to traditional competitors in the market • Provided technical support for material selection, part & tool design, and process development to accelerate commercialization • Delivered custom color matching to meet all key requirements Custom Trilliant™ HC Healthcare Thermoplastic KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2023-03/LubriOne - Specialty Furniture Fitting - Application Snapshot.pdf
technology H I N G E M A N U FAC T U R E R S P E C I A L T Y F U R N I T U R E F I T T I N G • High dimensional stability • Low slip effect • No squeaking noises • Very low wear properties • High process stability • Provided high quality solutions for mass production with high processing performance • Met customer’s tribological requirements over the entire product life cycle of more than 20 years • Customized tailor-made solutions for specific applications that are constantly being adapted to new requirements LubriOne™ Internally Lubricated Formulations KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2023-09/Case Study - Nymax REC - off-road vehicle.pdf
O F F - ROA D V E H I C L E M A N U FAC T U R E R S T R U C T U R A L B O D Y C O M P O N E N T S • Replace metal and consolidate parts • High strength • Structural stiffness • Durability • Reduced manufacturing complexity while maintaining strength • Leveraged Avient Design services to achieve consolidated part design • Conducted mold flow analysis and guided material selection using technical and application expertise Nymax™ REC Recycled Nylon Formulation – ND 1233 Grade KEY REQUIREMENTS WHY AVIENT?