This bulletin focuses on the raw material cost, specifically how specific gravity plays a role in product economics. 

Introduction http://www.petresin.org/news_introtoPET.asp How is rPET made? How is rPET used? This graphic shows how the circular economy works through PET water bottles.

After delivering polypropylene-based samples from the Maxxam™ FR line for immediate trial, the Avient team also worked with the manufacturer to help them determine the best pair combination design. After Avient delivered test data for pair combinations and the manufacturer’s team completed material trials, they were able to replace FEP with Maxxam FR material in four out of four insulation pairs.

The ColorWorks teams provide technical expertise and solutions to aesthetic challenges using multi-disciplinary expertise in Color, Material, and Finish (CMF). Brand owners, marketers, and product designers can depend on the team’s collaborative design approach, a cornerstone of the services offered, to efficiently create impactful CMF concepts ready for commercialization. The ColorWorks team then assesses the expectations and guides the vision to align with project goals and specifics.

Read how technical expertise and broad TPE portfolio shortened the development timeline and delivered a durable performance Learn how blue jean stain resistant TPEs make the difference for white and light-colored phone cases Sync design with manufacturability: Learn about how Avient Design can help simplify your new product development process

Nikrant Page 67 United States 36% Europe 36% Canada 2% Asia 20% Latin America 2011 Revenue: $0.6 Billion2011 Revenue: $0.6 Billion SolutionsSolutions At a Glance Appliance 6% Building & Construction 3% Wire & Cable 14% Electrical & Electronics 14%Consumer 21% Packaging 5% Industrial 8% Misc. 3% HealthCare 5% Transportation 21% America 6% 2011 Revenue by Industry Segment2011 Revenue by Industry Segment 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 12-16% 2006 2007 2008 2009 2010 2011 2015 Operating Income % of Sales Target Expanding ProfitsExpanding Profits Page 68 Value Proposition • GSEM is a global leader providing complete specialty solutions encompassing innovative technologies and services to enable customer success Transformation Highlights • Dramatic turnaround of the Engineered Materials business through mix improvement and specialty focus Value Proposition and Transformation Highlights improvement and specialty focus • GLS acquisition successfully integrated, having more than doubled earnings in 3 years • PolyOne culture and strategy now engrained worldwide • Expansion into healthcare with dedicated resources > $15B Addressable Market Page 69 • Polymer design, formulation and service expertise • Broad, global technology base and regional centers of excellence • Ten innovation centers around the world Key Differentiators • Ten innovation centers around the world • Specialty brand leadership with PolyOne, GLS, NEU and ECCOH • Ability to leverage global key account team Page 70 From Volume Commodity-driven product portfolio To Value Specialty technology and solutions EM North America Transformation Volume Sales Gross Margin $ Mix Transformation – Executing the Strategy 2006 2011 2006 2011 2006 2011 Page 71 $12 $29 Operating Income ($ in millions) • Provided access to new customers in specialized, high-growth markets such as healthcare and consumer • Strategic partner to many of the world’s best-known companies GLS Integration Success 16.9% 8.2% 2007 2011 2007 2011 Working Capital % of Sales • Complementary global footprint provided additional cross-selling opportunities • Opportunity to expand margins and drive working capital improvement while remaining customer-focused Page 72 $1.3 $27.6 2006 2011 Healthcare Revenue • Investment in dedicated healthcare team to drive penetration and growth • Leverage product portfolio globally & win specialty business Areas of Focus $10.5 $117.9 2006 2011 Consumer Revenue 2006 2011globally & win specialty business in targeted markets • Aggressively commercialize specialty innovation platforms • Utilize our innovation centers to influence OEM design (Revenue in $ millions) Page 73 • Carbon Nanotube Formulations � Applications: Semiconductor equipment, hard drives � Customer benefits: Scrap cost reduction and clean conductivity • Thermally Conductive Solutions Applications: Sockets and bulb holders for LED lighting Key Innovations � Applications: Sockets and bulb holders for LED lighting � Customer benefits: Cost reduction, energy saving, and design flexibility • FDA-Regulated TPEs � Applications: Food packaging seals, intravenous delivery systems, medical stoppers, prefilled syringes � Customer benefits: Clean and safe elastomers for highly regulated applications Page 74 Critical Imperatives and 2015 Goal Critical Imperatives • Commercialize critical new technology platforms • Manage the mix as we continue to drive the transformation • Global translation of commercial successes 2015 Goal • 12 - 16% return on sales Page 75 Page 76

When closurelogic turned to Avient for material selection help, the team developed a GLS™ TPE (thermoplastic elastomer) based on a stable, low migration TPE with a lower processing temperature compared to competitive TPEs, thus resulting in even fewer volatiles. The Avient team addressed this challenge with the new formulation, which is optimized for compression set.

Because every detail matters, the design team at Hoyt sought to improve their grips to deliver the best performance possible. Working with the Avient Design team on our VITALPOINT™ grip project was a big win for us.

THE SOLUTION In the course of their research into material options, the manufacturer’s team invited Avient to suggest options for an alternative TPV based on its global reputation for superior products and service. The Avient team assessed the application’s technical and operational requirements, and recommended GLS Versalloy™ XL- 9045-1 alloy in 45 Shore A durometer, an FDA-compliant medical TPV grade designed for overmolding onto PP.

Describe how processes for identifying, assessing and managing climate-related risks are integrated into the organization’s overall risk management