https://www.avient.com/sites/default/files/resources/11.30.18%2520Investor%2520Presentation%2520V1.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• Disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the
availability and cost of credit in the future;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we
conduct business;
• Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online;
• Fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated
with scheduled or unscheduled maintenance programs;
• Unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters;
• An inability to raise or sustain prices for products or services;
• Information systems failures and cyber attacks; and
• Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in
interest rates and changes in the rate of inflation.
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation
to continue for years
Expand ROIC while increasing invested capital
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating
organic growth
S E R V I C E :
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 29
T A L E N T D E V E L O P M E N T
PolyOne Corporation 30
Leadership Program Participants
2012
2013
2014
2015
47
0
86
2016
2018
125
169
315
Campus Hires
2008
2011
2014
2017
0
25
90
47
PolyOne LSS Blackbelts
2008
2011
2014
2018
0
67
220
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
I Q D E S I G N L A B S
PolyOne Corporation 31
Material
& Color
Expertise
Manufacturing
Expertise
3
14
2014 2017
Industrial designers
$0
$7M
2014 2017
$4M
$40M
2014 2017
Opportunity funnel New business revenue
L S S C U S T O M E R F I R S T
PolyOne Corporation 32
Customer Projects
Enables sales growth by building more intimate
customer relationships, giving us insight to customers’
needs, with a service that is not easily replicated
2014 2017
2 85
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 33
Enables validation of fit and function
Shortens design cycle and time to market
Avoids tooling rework
Drives innovation
Delivers substantial customer value
PolyOne Corporation 34
From concept to production
M O N T H M O N T H
M O N T H M O N T H
M O N T H M O N T H
99.9%
Reduction in
turnaround time
Traditional Timeline
up to 24 weeks
PolyOne ColorMatrix
Select™
6 hours
Innovative system for processors and OEMs to develop colors in real time
Complete system that provides customers with the freedom to match,
prototype and produce color entirely within their own facility
C O L O R M A T R I X S E L E C T ™
“Being able to create color and produce parts in 1 day is unheard of in this industry”
-CEO, Industry Leader
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 35
S E G M E N T H I G H L I G H T S
C O L O R , A D D I T I V E S & I N K S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 36
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
27%
Industrial
14%
Textiles
12%
Building &
Construction
10%
Wire & Cable
10%Transportation
8%
Consumer
7%
Healthcare
6%
Electrical &
Electronics
3%
Appliance
3%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 7 R E V E N U E | $ 8 9 3 M I L L I O N
$4
$25
$104
$139
0.9%
5.5%
12.2%
15.5%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20
30
40
50
60
70
80
90
100
110
120
130
140
150
2005 2009 2013 2017
PolyOne Corporation 37
Europe
32%
United
States
46%
Asia
15%
Canada
1%
Mexico
4%
Brazil
2%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 38
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Consumer
20%
Transportation
19%
Wire & Cable
13%
Healthcare
11%
Industrial
8%
Packaging
7%
Appliance
4%
Building &
Construction
3%
Electrical &
Electronics
15%
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 7 R E V E N U E | $ 6 2 4 M I L L I O N
PolyOne Corporation 39
$21
$57
$76
0.1%
5.1%
9.3%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
20
30
40
50
60
70
80
2005 2009 2013 2017
Europe
28%
United
States
48%
Asia
22%
Canada
2%
12.1%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 40
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Materials
Flame Retardant
Polymers
Building &
Construction
30%
Industrial
18%
Transportation
16%
Wire & Cable
15%
Appliance
7%
Packaging
5%
Consumer
5%
Electrical &
Electronics
3%
Healthcare
1%
Asia
2%
United
States
77%
Mexico
5%
Canada
16%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 7 R E V E N U E | $ 7 2 1 M I L L I O N
$40
$24
$56
$77
4.6%
3.6%
7.2%
10.7%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
0
10
20
30
40
50
60
70
80
90
100
2005 2009 2013 2017
PolyOne Corporation 41
$886 $668 $773 $721Sales
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 42
Transportation
23%
Healthcare
22%
Industrial
18%
Consumer
15%
Appliance
7%
Electrical &
Electronics
6%
Building &
Construction
4%
Packaging
3%
Wire & Cable
2%
$20
$25
$63
$73
2.9%
4.0%
5.9%
6.3%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
15
25
35
45
55
65
75
2005 2009 2013 2017
Operating Income & Margin2017 Revenue | $1.2 Billion
http://www.avient.com/Pages/VariationRoot.aspx
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 43
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and
prestige perceptions
among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
Eliminate costs by
increasing pigment density
Enhance color
performance without
altering form and
formulation
Increase design
capabilities by reducing
weight and layer thickness
Optimize Color Usage
OnColorTM Super Concentrates
Inhibit microbial growth on
polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Durable, long-lasting products stand
up to the most aggressive
disinfectants
Minimize environmental stress
cracking and discoloration
One of the broadest medically
approved polymer and colorant
portfolios
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
Outdoor Applications
Leading provider of high
performance specialty materials
for the recreational and sports &
leisure industry
Well positioned across all
segments to address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
ColorMatrix Fiber Colorant
Solutions
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
High flame retardancy to
meet strict UL standards
Greater processing and
design flexibility
Specialized additives
provide long term color
stability
Diffusive lens materials
improve light dispersion
Smart Home Devices
ResilienceTM Vinyl Solutions
PolyOne investor presentation
Forward Looking Statements
USE OF �NON-GAAP�MEASURES
Vision
Safety First
PolyOne�2017 Revenue | $3.2 billion
Proof of Performance
Sustainable Path to Double-Digit EPS Growth
Investment in Commercial Resources driving growth
The Evolving Customer Relationship
Slide Number 11
New Resources Fueling the Future
Aligning with trends for Growth
Innovation
3 Horizons of Development
Innovation Pipeline
Innovation Spotlight: Composites
Composites Refresher
Strategic Investment History
COMPOSITES in Transportation
Invest-to-Grow M&A Strategy
Invest-to-Grow M&A Playbook
Invest-to-Grow Proof of performance
Invest-to-Grow Driving the future
Strong Pipeline�driven by fragmented Market
Returning cash to shareholders�Over $1 Billion since 2011
ROIC drives shareholder return
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2023-12/Polystrand Thermoplastic Composite Panel Application _ Install Guide.pdf
POLYSTRAND™
THERMOPLASTIC COMPOSITE PANELS
APPLICATION & INSTALLATION GUIDE
PRODUCT
DESCRIPTION
FEATURE BENEFIT
Exceptional strength-to-weight ratio
Lightweight yet strong structural
performance and increased payloads
Resistance to UV light, chemicals,
moisture degradation and rot
Withstands harsh conditions
Tough and impact resistant Durability and long product life
Dimensionally stable
Consistent performance in extreme
temperature and humidity fluctuations
Strong adhesive properties Easy bonding to various materials
FEATURE BENEFIT
Ready-to-install Fewer parts & reduced scrap
Large format
Improved aesthetics with
seamless designs
Made via continuous-fiber
manufacturing process
Consistent quality in every panel
PERFORMANCE ADVANTAGES
MANUFACTURING ADVANTAGES
Polystrand™ Thermoplastic Composite
Panels are engineered to provide
simplified installation, long-lasting
components, and overall cost reduction.
FASTENER
TYPE BENEFITS CONSIDERATIONS FOAM
HONEY
COMB
Through-
bolting
Best
mechanical
locking
system
Need back side
access to panel ✓ ✓
Wide Grip
(Bulb-Style)
Rivet
Highest
pullout
strengths
Requires pilot hole ✓
Cup
Washer
Spreads
compressive
load
Requires relief hole;
for substructure
and hard point
attachment
✓ ✓
Wide Grip
(Bulb-Style)
Rivet
Ease of use—
no installation
torque
limitations
For lower
load attachments ✓
Sheet Metal
or
Wood Screw
Readily
available,
low cost
Penetrate both skins
for improved pullout ✓
Shoulder
Washer
Limits
compressive
load
Requires relief hole;
for substructure
and hard point
attachment
✓ ✓
FASTENER SELECTION
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2022-08/2022 Glasforms EC Application _ Product Selection Guide.pdf
Performance advantages:
• Non-conductive: formulations engineered
to optimize composite dielectric properties
• Lightweight: up to 80% lighter than porcelain,
reducing installation time and cost
• High strength: high tensile, compressive,
flexural and inter-laminar shear strength
to support various design configurations
and line loads
• Flexible: deflect and return to original shape
for load dampening to minimize damages
and outages
• Durable and shatter resistant vs. ceramic
and glass, and UV and corrosion resistant
for long service life
INSULATORS
AND ARRESTERS
OVERHEAD
SWITCH RODS
CROSSARMS
AND BRACES
COMPOSITE
POLES
GUY
INSULATORS
Electrical Transmission & Distribution Applications
COMPONENT DESCRIPTION SIZES
Insulators for transmission and distribution
Suspension insulators Epoxy/corrosion resistant glass rods .625" to 1.25" diameter
Line post and station
post insulators
Epoxy/glass fiber rods 1.50" to 4.74" diameter
Arresters
Cage type Polyester or vinyl ester/glass fiber rods .125" to .50" diameter
Custom tubular
Polyester, vinyl ester or epoxy/
glass fiber custom shapes
2.0" to 6.0" envelope size
Pole line construction
Conductor standoff and
equipment support arms
Polyester/glass fiber rods 1.50" to 2.00" diameter
Guy strain insulators Polyester/glass fiber rods 0.50" to .812" diameter
Cross arms
Tangent and deadend,
support braces
Polyester/glass fiber
rectangular tubes
3.62" x 4.62" and
4.0" x 6.0" rectangular
Utility poles
Composite poles
Polyester/glass fiber hollow
custom tubes
10" to 14" diameter,
typical lengths 40' to 110'
Pole line construction, cross arms, rods, and utility poles feature an integral fabric surfacing veil for long-term weather resistance
and retention of properties.
https://www.avient.com/sites/default/files/2020-09/stat-tech-for-adas-application-bulletin.pdf
High performance without secondary
operations – When using Stat-Tech material,
painting and vacuum metallization are not
necessary in order to achieve the performance you
need from your ADAS systems, therefore cutting
down on the processing times and costs associated
with using aluminum.
https://www.avient.com/sites/default/files/2023-03/Artisan Pre-colored Thermoplastics Technical Bulletin.pdf
TECHNICAL BULLETIN
Characteristics
Artisan™
Nylon
Solution
Painted
Metal
Painted
Plastic
Traditional
Molded-in
Color
Impact
Modified
Nylon
PA
Ionomer
Alloy
Aesthetic Very Good Excellent Excellent Good Very Good Very Good
Scratch Appearance Excellent Poor Poor Good Excellent Excellent
Scratch & Mar
Resistance
Very Good Excellent Excellent Poor Very Good Excellent
Color Customization Good Excellent Excellent Very Good Good Good
Stress Whitening Excellent Fair Fair Poor Excellent Excellent
Weatherability Good Excellent Excellent Very Good Good Very Good
Temperature
Performance
Good Excellent Fair Fair Fair Good
Corrosion Resistance Excellent Fair Excellent Excellent Excellent Excellent
Processability One Step Multi Step Multi Step One Step One Step
Complex
One Step
Total Production Cost $$$ $$$$$ $$$$ $$ $$$ $$$$
Order Quantity
Restrictions
Some Some Some None More More
COMPARISON OF NYLON, METAL, AND PLASTIC
Properties Test Method Artisan™ AR6000-0007 HI UV*
Gloss Level** Gloss reading at 60 degrees 80-93
Molding Shrinkage – Across Flow ASTM D955 0.009 to 0.013 in/in
Tensile Strength (Yield) ASTM D638 7300 psi
Tensile Strength (Break) ASTM D638 5300 psi
Tensile Elongation (Yield) ASTM D638 6.0%
Flexural Modulus ASTM D790 270500 psi
Flexural Strength (Yield) ASTM D790 9950 psi
Notched Izod Impact ASTM D256
-4°F (-20°C) 5 ft-lb/in
73°F (23°C) 11 ft-lb/in
Unnotched Izod Impact ASTM D256
-4°F (-20°C) 29 ft-lb/in
73°F (23°C) 30 ft-lb/in
Color & Aesthetics***
Green, medium blue, dark blue, red, orange, white, gray, black
Color customization available based on specific needs
KEY PROPERTIES
Features: high-gloss finish, UV stability, scratch resistance, chemical/corrosion resistance,
cold temperature impact resistance, heat resistance
* Reflects average of several colors, properties shift slightly depending on color
** Gloss level varies based on tooling temperature
*** UV data available upon request
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2023-02/Gravi-Tech BIO Bio-Based Formulations Product Bulletin.pdf
KEY CHARACTERISTICS
• Customized density offering a wide range of
specific gravities (1.5–11 gm/cm3)
• Formulated with partially bio-based resin from
renewable plant sources
• Broad modulus range, from very flexible to very
rigid grades
• Corrosion resistance that withstands oxidization
for long-term use and benefit
• Chemical resistance that can be adapted
depending on base resin as required
• Provides visual surface effects, aesthetics and
cool touch
• Design flexibility and processing ease
• Food contact compliance available
MARKETS AND APPLICATIONS
Applications in packaging and consumer goods in
which a more sustainable solution is preferred:
• Cosmetic caps and closures
• Perfume caps
• Spirit bottle caps
• Luxury boxes
• Handles and knobs
SUSTAINABILITY BENEFITS
• Formulated with partially bio-based resin
from renewable plant sources
• Reduces waste and supports the circular
economy
• Reduces carbon footprint compared to
fossil feedstock alternatives
• Simplifies manufacturing and lowers cost
versus metal
PRODUCT BULLETIN
CHARACTERISTICS UNITS
Gravi-Tech BIO
GT5200-5077
FD Natural
Gravi-Tech BIO
RS5200-5001
RS FD Natural
Gravi-Tech BIO
RS5200-5001 RS
FD Natural X1
Gravi-Tech BIO
GT5200-5003
FD Black
Gravi-Tech BIO
GT5200-5004
FD Black
Gravi-Tech BIO
GT5200-5002
FD Black
Base Resin Bio-based PP Bio-based PP Bio-based PP Bio-based PP Bio-based PP Bio-based PP
Recycled Content/Filler g/cm Mineral Mineral Mineral Metallic Metallic Metallic
Density (ISO 1183) g/ccm 1.90 2.0 2.0 2.0 2.5 3.0
AVAILABLE GRADES
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2023-03/Cesa Nox A4R Product Bulletin_0.pdf
Brand owners, recyclers, and convertors require
high-performance and cost-effective solutions
that can make recycling easier, allowing them to
continue using greater quantities of PCR.
https://www.avient.com/sites/default/files/2023-09/Color _ Additive Masterbatches for E_E Application Bulletin_A4.pdf
Avient offers UL 94 compliant concentrates and
flame retardant solutions which meet the latest
UL 94 and Glow Wire fire standards, while also
considering technical requirements, coloration
options and cost efficiency.
https://www.avient.com/sites/default/files/2020-09/sem-stain-resistant-technical-bulletin.pdf
Avient has formulated a new material that offers blue jean stain resistance similar to that of silicone*, yet with
all the benefits of using a TPE: increased design freedom, an efficient supply chain leading to faster speed to
market, and lower total part costs.
https://www.avient.com/sites/default/files/2020-09/cai-healthcare-application-bulletin.pdf
Customize
and optimize into a practical, cost effective solution to simplify
ordering, processing, inventory control, and delivery.
1.844.4AVIENT
www.avient.com
Copyright © 2020, Avient Corporation.