ColorMatrix™ Lactra™ SX Light Blocking Additive High-performance, visible light blocking technology for extended shelf life, UHT dairy PET packaging PRODUCT BULLETIN PRODUCT DESCRIPTION ColorMatrix™ Lactra™ SX Light Blocking Additive is a solid masterbatch additive that, when added to PET to make monolayer bottles, provides high-performance light blocking technology and protection for liquid dairy contents. This additive helps PET packaging to protect longer shelf life products, especially ultra-high temperature (UHT) liquid dairy products, from visible-light induced oxidation due to ambient storage conditions. Processing conditions can cause material properties to shift from the values stated in the information.

You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission. 6 Non-GAAP Financial Measures The Company uses both GAAP (generally accepted accounting principles) and non-GAAP financial measures. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP. Non-GAAP financial measures have limitations as analytical tools and should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP.

Third quarter 2021 GAAP EPS from continuing operations was $0.57 compared to $0.02 in the prior year third quarter. Add on nearly $50 million in synergies from the Clariant color business integration, and we are having a record year.”You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission. 5 Non-GAAP Financial Measures The Company uses both GAAP (generally accepted accounting principles) and non-GAAP financial measures.

First quarter GAAP earnings per share (EPS) from continuing operations was $0.54 compared to $0.23 in the prior year quarter. In Greater China, we also saw year over year growth primarily from industrial and healthcare end markets. Our revised range for adjusted EPS is between $2.50 and $2.65, from our previous range of $2.40 and $2.65."

The new reSound BIO 2800 and 7900 series range in durometer from 30-70 Shore A and offer comparable performance, look, feel, and smell to traditional petroleum-based TPEs. This tone allows the materials to showcase a natural aesthetic or be colored to match design specifications with traditional TPE colorants or sustainable color options from Avient. This makes them ideal for use in consumer goods including personal-care products, cosmetic packaging, toys, or phone accessories.

The new formulations are Avient’s first PCR-containing TPE technology developed primarily for overmolding polycarbonate (PC), acrylic butadiene styrene (ABS), and PC/ABS blends in applications from consumer electronics, cosmetics packaging, and personal care items to power tools and toys. The new PCR-containing reSound REC formulations are initially available in three grades with up to 45 percent PCR content from recycled lubricant oil and food packaging, covering a hardness range from 40 to 60 Shore A. Potential applications include various grips for computer mice, razors, hair brushes, phone cases, speaker gaskets, and tools and power equipment.

Some of the information arises from laboratory work with small-scale equipment which may not provide a reliable indication of performance or properties obtained or obtainable on larger-scale equipment. Processing conditions can cause material properties to shift from the values stated in the information. Processing conditions can cause material properties to shift from the values stated in the information.

We continue to generate strong cash flow from operations and are maintaining our full year free cash flow guidance of $180 million. Non-GAAP Financial Measures The Company uses both GAAP (generally accepted accounting principles) and non-GAAP financial measures. Management excludes intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful measure of current period earnings per share.

Homepage // News Center // Sustainable Colorants, Additives, and Support Services from Avient Exhibiting at Plástico Brasil 2023 Learn how Avient’s colorants and additives enable customers to reach their sustainability goals at Plástico Brasil 2023. Avient is exhibiting at Plástico Brasil at booth A080 in Sao Paulo, Brazil, from March 27-31, 2023.

WHY DAIRY PRODUCTS REQUIRE PROTECTION FROM LIGHT Certain components of dairy and dairy alternative products are susceptible to light-induced oxidation. HIGH PERFORMANCE & LOW TiO2 DAIRY LIGHT-BLOCKING ColorMatrix Lactra Four, ColorMatrix Lactra One and ColorMatrix Lactra Zero are Avient’s next-gen light-blocking solutions for dairy packaging with no compromise on performance. Processing conditions can cause material properties to shift from the values stated in the information.