https://www.avient.com/sites/default/files/resources/POL%2520KeyBanc%2520IR%2520Presentation%2520w%2520non-GAAP%252009%252010%25202013.pdf
EPS: $2.50
Assumptions
• Operating margins in mid-range
of 2015 targets
• No global recession
• No investment in incremental
PP&S capacity
• Completion of 2-3 midsize
accretive acquisitions
• Housing starts at 85% of 50 year
norm by 2015
• Mid single digit revenue CAGR
• Remain comfortably below 3X Net
Debt / EBITDA
Page 11
2012
Rev: $2.9B
Adj.
Platform sales and operating income (OI) 2006Y* 2008Y* 2010Y* 2012Y* 2012PF**
Global Specialty Engineered Materials Sales $ 345.3 $ 514.0 $ 517.4 $ 543.6 $ 773.0
Global Color, Additives and Inks Sales 531.8 554.3 527.4 703.5 828.5
Designed Structures and Solutions - - - - 850.6
Specialty Platform Sales $ 877.1 $ 1,068.3 $ 1,044.8 $ 1,247.1 $ 2,452.1
Performance Products and Solutions Sales 1,166.2 1,001.4 776.3 837.0 696.1
PolyOne Distribution Sales 732.8 796.7 911.9 1,030.3 1,030.3
Corporate and Eliminations (153.7) (127.7) (111.1) (121.8) (121.6)
Total Sales $ 2,622.4 $ 2,738.7 $ 2,621.9 $ 2,992.6 $ 4,056.9
Global Specialty Engineered Materials OI $ 3.9 $ 17.6 $ 49.7 $ 47.0 $ 47.7
Global Color, Additives and Inks OI 8.9 28.1 37.7 66.8 81.6
Designed Structures & Solutions OI - - - - 20.9
Specialty Platform OI $ 12.8 $ 45.7 $ 87.4 $ 113.8 $ 150.2
Performance Products and Solutions OI 64.2 31.3 54.0 74.9 37.4
PolyOne Distribution OI 19.2 28.1 42.0 66.0 66.0
Sunbelt Joint Venture OI 102.9 28.6 18.9 - -
Corporate and eliminations (4.6) (28.9) (32.5) (33.7) (40.0)
Special items in OI 39.1 (396.2) 4.8 (53.9) (53.9)
Operating income (loss) GAAP $ 233.6 $ (291.4) $ 174.6 $ 167.1 $ 159.7
Sunbelt equity income (107.0) (32.5) (23.1) - -
Special items in OI (39.1) 396.2 (4.8) 53.9 53.9
Operating income adjusted $ 87.5 $ 72.3 $ 146.7 $ 221.0 $ 213.6
Global Specialty Engineered Materials - OI % of sales
1.1%
3.4%
9.6% 8.6% 6.1%
Global Color, Additives and Inks - OI % of sales 1.7% 5.1% 7.1% 9.5% 9.8%
Designed Structures & Solutions – OI % of sales - - - - 2.5%
Specialty platform OI - % of sales 1.5% 4.3% 8.4% 9.1% 6.1%
PP&S operating OI - % of sales 5.5% 3.1% 7.0% 9.0% 5.4%
Distribution OI - % of sales 2.6% 3.5% 4.6% 6.4% 6.4%
PolyOne OI adjusted - % of sales 3.3% 2.6% 5.6% 7.4% 5.3%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
** Pro Forma results include Spartech and Glasforms acquisitions, Specialty Coatings reclass and exclude the Resin business assets.
*** Restated results to exclude the Resin business and to remove Specialty Coatings from the Performance Products and Solutions segment into
Global Color, Additives and Inks segment.
Average Debt Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Average
PolyOne Debt $ 705.8 $ 705.2 $ 706.9 $ 1,055.5 $ 1,031.2 $ 840.9
Average Equity Q2 2012 Q3 2012 Q4 2012 Q1 2013 Q2 2013 Average
PolyOne shareholders’ equity $ 604.3 $ 629.3 $ 629.1 $ 871.8 $ 993.9 $ 745.7
Platform sales and operating income (OI) H1 2012*** H1 2013*** H1 2013****
Global Specialty Engineered Materials Sales $ 280.9 $ 352.0 $ 285.1
Global Color, Additives and Inks Sales 413.9 434.7 409.2
Designed Structures & Solutions Sales - 240.4 -
Specialty Platform Sales $ 694.8 $ 1,027.1 $694.3
Performance Products and Solutions Sales 336.0 336.7 317.5
PolyOne Distribution Sales 533.6 543.1 543.1
Corporate and Eliminations (62.3) (68.2) (68.2)
Total Sales $ 1,502.1 $ 1,838.7 $ 1,486.7
Global Specialty Engineered Materials OI $ 24.6 $ 32.5 $ 31.2
Global Color, Additives and Inks OI 44.0 54.7 52.0
Designed Structures & Solutions OI - 10.5 -
Specialty Platform OI $ 68.6 $ 97.7 $ 83.2
Performance Products and Solutions OI 19.3 27.5 25.7
PolyOne Distribution OI 33.4 33.1 33.1
Corporate and eliminations (20.3) (25.7) (20.3)
Special items in OI (20.3) (11.4) (20.3)
Operating income - GAAP $ 80.7 $ 121.2 $ 101.4
Special items in OI 20.3 11.4 20.3
Operating income adjusted $ 101.0 $ 132.6 $ 121.7
Global Specialty Engineered Materials - OI % of sales
8.8% 9.2% 10.9%
Global Color, Additives and Inks - OI % of sales 10.6% 12.6% 12.7%
Designed Structures & Solutions - OI % of sales - 4.4% -
Specialty platform - OI % of sales 9.9% 9.5% 12.0%
PP&S operating - OI % of sales 5.7% 8.2% 8.1%
Distribution OI - % of sales 6.3% 6.1% 6.1%
PolyOne OI adjusted - % of sales 6.7% 7.2% 8.2%
Reconciliation to Condensed Consolidated Balance Sheets H1 2013
Short-term debt and current portion of long-term debt $ 8.7
Long-term debt 1,022.5
Less cash and cash equivalents (392.4)
Specialty Platform Gross Margin Percentage 2006Y* Q2 2013****
Global Specialty Engineered Materials Sales $ 345.3 $ 143.5
Global Color, Additives and Inks Sales 531.8 207.5
Specialty Platform Sales $ 877.1 $ 351.0
Global Specialty Engineered Materials Gross Margin $ 41.6 $ 37.3
Global Color, Additives and Inks Gross Margin 83.6 71.8
Specialty Platform Gross Margin $ 125.2 $ 109.1
Specialty Platform Gross Margin Percentage 14.3% 31.1%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/2023-05/Small Order Service Personal Care Application Snapshot.pdf
PERSONAL CARE
PRODUCTS
MANUFACTURER
B O T T L E S A N D C L O S U R E S
• Achieve a lower cost on low volume orders
• Accommodate a large number of custom designs with
rapid color development and matching
• Gain quick turnaround for colorant orders
• Offered flat pricing with a minimum order
quantity (MOQ) of 10 pounds
• Eliminated low-volume surcharges, driving
leaner inventory management
• Implemented shorter development lead
times to enable faster market access
• Provided 3-day order lead times
ColorMatrix™ Small Order Service
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/Innovation%2520Day%2520-%2520May%25202014.pdf
Kedrowski Executive Vice President
Global Operations and
Process Improvement
Lisa K.
McAlindon Senior Vice President,
President of Designed
Structures and Solutions
Fernando Sanchez Global Director of
Marketing
Global Color and Additives
Craig M.
Garratt
Performance Products & Solutions
Sporting Goods
Textiles
6) Color and Design Services
Fernando Sanchez
Director
Global Marketing
Packaging
Automotive
3) 3D Printing
Cathy K.
https://www.avient.com/sites/default/files/2023-03/Fiber-Line Global Product Selection Guide.pdf
https://www.avient.com/knowledge-base/article/how-lightweight-automotive-components?ind[]=6601
Engineered Polymer Services
To start the transition from metal to plastic to streamline part weight, it’s important to define your objectives by asking the following questions:
Avient offers expertise in formulations, engineering services, and global technical and manufacturing support to address your unique challenges.
https://www.avient.com/investor-center/events/polyone-corporation-credit-suisse-22nd-annual-global-chemical-and-ag-science-conference
https://www.avient.com/news/colornow-digital-service-avient-offers-immediate-color-matching-and-streamlined-color-design-process
Homepage
//
News Center
//
ColorNow™ Digital Service from Avient Offers Immediate Color Matching and Streamlined Color Design Process
SINGAPORE – October 12, 2023 – Avient Corporation, a premier provider of specialized and sustainable material solutions and services, today announced its ColorNow™ digital service is offering immediate color matching and an enhanced color design process for plastic manufacturers.
Avient’s ColorNow service overcomes essential challenges in digitalized color design.
https://www.avient.com/news/avient-showcases-sustainable-polymers-colorants-and-services-mexico-and-latin-america-plastimagen
Homepage
//
News Center
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Avient Showcases Sustainable Polymers, Colorants and Services for Mexico and Latin America at Plastimagen
Caption: Explore the possibilities for polymers, colorants, additives, and services with Avient at Plastimagen 2022 in Mexico City.
Avient’s display features specialized polymer solutions and local services for customers in Latin America, including:
https://www.avient.com/news/avient-features-specialty-healthcare-material-solutions-services-mdm-west-2022
Homepage
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News Center
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Avient Features Specialty Healthcare Material Solutions & Services at MD&M West 2022
Services
This service aligns material, technical, and manufacturing expertise to streamline product development and optimize supply chain and logistics.
https://www.avient.com/sites/default/files/resources/PolyOne%25202014%2520Annual%2520Report.pdf
Yet at PolyOne,
we’re always asking ourselves, “what’s next?”
a global developer
and marketer of cleaning and sanitizing specialty chemicals, products and services) from 2003 to 2006.
POLYONE CORPORATION 23
Globalization allows us to service our customers with consistency wherever their operations might be
around the world.