https://www.avient.com/news/archives?page=51
Pump Up the Volume on Portable Audio Speakers With New Versaflex™ TPEs from PolyOne
MCHENRY, Ill. – PolyOne today announced an expansion of its industry-leading Versaflex™ CE thermoplastic elastomer (TPE) portfolio for consumer el
https://www.avient.com/news/archives?page=4
Avient Extends Recycled TPE Portfolio with Grades Containing up to 60% Recycled Content, Supporting Global Customers
Avient’s new reSound™ REC GP 7820 TPE grades highlighted at Fakuma 2024 can be used for overmolded components in consumer electronics, grips for r
https://www.avient.com/knowledge-base/case-study/utilizing-ocean-plastic-more-circular-economy?sust[]=1137
Available in North America, injection-moldable reSound™ REC TPEs utilize 9-83% recycled content, and both grades can be overmolded onto polypropylene (PP).
These TPE grades, formulated for consumer applications, can be used in personal care products, lawn and garden tools, outdoor goods, office supplies, footwear, and houseware durables.
https://www.avient.com/knowledge-base/case-study/utilizing-ocean-plastic-more-circular-economy?pname[]=17849
Available in North America, injection-moldable reSound™ REC TPEs utilize 9-83% recycled content, and both grades can be overmolded onto polypropylene (PP).
These TPE grades, formulated for consumer applications, can be used in personal care products, lawn and garden tools, outdoor goods, office supplies, footwear, and houseware durables.
https://www.avient.com/news/archives?page=57
PolyOne Launches Specialty Automotive TPEs and Design Services in Europe
MANNHEIM, Germany – PolyOne unveiled new OnFlex™ LO thermoplastic elastomers (TPE) today at the VDI Plastics in Automotive Engineer
https://www.avient.com/news/archives?page=15
Avient Launches New Stat-Tech™ TPEs & PTFE-Free LubriOne™ Internally Lubricated Formulations at Fakuma 2023
Stat-Tech™ TPEs are suitable for applications including radars, sensors, and camera systems.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Specialization.pdf
McAlindon
(24) Page 24
Award-Winning Marketing Campaign
Page 25
2012 Range Rover Evoque Interior
• Color harmonization across
15 unique color-and-polymer
combinations
• Eliminated need for multiple pre-
colored materials
• Reduced Land Rover’s working
capital
Page 26
KOR Delta Hydration Vessel
• Specialty TPE formulation
overcame performance issues
• Eliminated secondary assembly
process for increased
operational efficiency
Interior
seal
Flip-top
seal
Bottom
ring
Page 27
Friedrich Kühl® Decorative Air Conditioner Housing
• Replaced painted ABS
housing with Geon™ solution
• Reduced operating noise
• Simplified manufacturing
footprint to drive significant
cost savings
Page 28
• Focused on markets with high
growth and profit potential
• Leveraging our in-depth
knowledge of formulation
Focused Efforts in Attractive Industry Segments
$113
$260
Healthcare
and processing to develop
market driven solutions
• Aligning resources across the
organization to drive growth
in target markets $152
$228
2006 2011
Sustainable Solutions
(Revenue in $ millions)
2006 2011
2006 2011
2006 2011
Page 29
• Design service collaboration
• Doubled productivity and
improved yield rates
• Substantial reduction in
overall manufacturing costs
Pulmonary Device
Page 30
Innovating for the future…
Rejuvenate a mature industry with new
products and processes
Products designed for “next life” instead of
“end life”
Plastics: Key to Future Sustainable Development
…Making a difference today!
https://www.avient.com/sites/default/files/2020-03/polyone-2019-annual-report.pdf
SHAREHOLDER INQUIRIES
If you have any questions concerning your account as a shareholder, name or address
changes, inquiries regarding stock certificates, or if you need tax information regarding your
account, please contact our transfer agent:
Equiniti Trust Company
1110 Centre Pointe Curve, Suite 101
Mendota Heights, MN 55120-4100
Phone: 1-855-598-2615
or 1-651-450-4064
www.shareowneronline.com
Additional information about PolyOne, including current and historic copies of Annual
Reports on Form 10-K and other reports filed with the Securities and Exchange
Commission, is available online at www.polyone.com or free of charge from:
Investor Affairs Relations
PolyOne Corporation
33587 Walker Road
Avon Lake, Ohio 44012
Phone: 440-930-1000
ANNUAL MEETING
The annual meeting of shareholders of PolyOne will be held May 14, 2020 at 9:00 a.m.
at PolyOne’s Corporate headquarters, 33587 Walker Road, Avon Lake, Ohio.
https://www.avient.com/sites/default/files/resources/POL%2520Sidoti%2520IR%2520Presentation%2520w%2520Non%2520GAAP%25203%252018%25202014.pdf
Use of Non-GAAP Measures
Page 3
PolyOne Commodity to Specialty Transformation
Page 4
• Continue specialty
transformation
• Targeting $2.50
Adjusted EPS by
2015, nearly
double 2013 EPS
• Drive double digit
operating income
and adjusted EPS
growth
• 17 consecutive
quarters of double-
digit adjusted EPS
growth
• Shift to faster
growing, high
margin, less cyclical
end markets
• Key acquisitions
propel current and
future growth, as
well as margin
expansion
• Established
aggressive 2015
targets
• Steve Newlin
Appointed,
Chairman, President
and CEO
• New leadership
team appointed
• Implementation of
four pillar strategy
• Focus on value
based selling,
investment in
commercial
resources and
innovation to drive
transformation
• Volume driven,
commodity
producer
• Heavily tied to
cyclical end markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2013 2014 and beyond
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
PolyOne S&P 500 Russell 2000 Dow Jones Chemical
All time high of
$38.38
March 7th, 2014
• 17 consecutive quarters of
double digit EPS growth
• 49% CAGR adjusted EPS
expansion 2006-2013
• 2013 stock price increased
73% versus 30% growth in the
S&P
• More than seven fold increase in
market cap: $0.5b $3.6b
Strategy and Execution Drive Results
Page 5
Appliance
4%
Building &
Construction
13%
Wire & Cable
9%
Electrical &
Electronics
5%
Consumer
10%Packaging
16%
Industrial
12%
HealthCare
11%
Transportation
18%
Misc.
2%
United
States
66%
Europe
14%
Canada
7%
Asia
6%
Latin
America
7%
PP&S
Specialty
53%
Distribution
27%
0.12
0.27 0.21
0.13
0.68
0.82
1.00
1.31
2.50
$0.00
$0.25
$0.50
$0.75
$1.00
$1.25
$1.50
$1.75
$2.00
$2.25
$2.50
2006 2007 2008 2009 2010 2011 2012 2013 2015
Target
Ad
ju
st
ed
E
ar
ni
ng
s P
er
S
ha
re
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
EPS
Page 6
PolyOne
At A Glance
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
65-
75%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2015
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
Specialty OI $5M $46M $87M $195M Target
Mix Shift Highlights Specialty Transformation
2015
Target
Page 7
2006 2013 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 12.2% 12 – 16%
Global Specialty Engineered
Materials 1.1% 9.3% 12 – 16%
Designed Structures & Solutions -- 5.6% 8 – 10%
Performance Products &
Solutions 5.4% 7.2% 9 – 12%
Distribution 2.6% 5.9% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 62% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.1% 15%
4) Adjusted EPS Growth N/A 31% Double Digit
Expansion
Proof of Performance & 2015 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 8
Bridge To $2.50 Adjusted EPS By 2015
2015 EPS: $2.50
2013 EPS: $1.31
Mid single digit
revenue CAGR
Page 9
Mergers & Acquisitions
Spartech accretion
Incremental share buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation &
Mix Improvement
Innovation Drives Earnings Growth
$20.3
$52.3
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
Page 10
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 11
Unique and Innovative Solutions that Help
Customers Win
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG
Net Debt / EBITDA* = 1.8x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Significant Debt Maturities
As of December 31, 2013
($ millions)
Page 12
Coupon Rates: 7.500% 7.375% 5.250%
Debt Maturities & Pension Funding – 12/31/13
*TTM 12/31/2013 ** includes US-qualified plans only
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2013
Pension Funding**
As of December 31, 2013
Free Cash Flow and Strong Balance Sheet Fund Investment
•Targets that expand our:
• Specialty offerings
•End market presence
•Geographic footprint
•Operating Margin
• Synergy opportunities
•Adjacent material solutions
•Expanding our sales,
marketing, and technical
capabilities
• Investing in operational and
LSS initiatives (including
synergy capture)
•Manufacturing alignment Organic
Growth
Share
Repurchases
Dividends
Acquisitions
Page 13
$0.16
$0.20 $0.24
$0.32
$0.00
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
• Repurchased ~5 million
shares in 2013
• 15 million shares
are available for
repurchase under
the current
authorization
The New PolyOne: A Specialty Growth Company
2015 Target: $2.50 Adjusted EPS
Why Invest In PolyOne?
https://www.avient.com/news/advanced-technologies-and-sustainable-material-innovations-avient-debut-chinaplas-2024
At Chinaplas, we will demonstrate our expertise to meet these trends and complex challenges, including our annual color forecasting guide and customized colorants and additives, thermoplastic elastomers (TPEs), and specialty engineered materials for uses in a wide range of industries.”
reSound™ REC TPE: developed for automotive interiors, formulated with 55% PCR content to offer a more sustainable alternative to standard TPE grades without compromising performance criteria such as UV stability, low VOC content, low odor, and low fogging in applications such as HVAC nozzles, interior mats and cup holders
Versaflex™ TF Adhesive TPE for Textile Fabrics: a cost-effective alternative to TPU adhesive films and traditional glues, free of plasticizers, with low VOC content, OEKO-TEX 100-2 compliance, and excellent washability up to 60°C, combining strong and seamless adhesion to polyester and nylon fabrics with outstanding elastic recovery for high wearing comfort in target applications such as functional sports attire, fitness apparel, and underwear