https://www.avient.com/sites/default/files/2021-04/gravi-tech-pipe-system-valve-case-study.pdf
THE IMPACT
Gravi-Tech high-density formulations enabled API to design
and mold a patented, full-opening flapper valve that is not
only unique in the market, but also offers important cost,
performance and environmental advantages over brass
Thanks to the customized Gravi-Tech material, API was able
to successfully design and mold a flapper valve that is the
only one of its kind on the market—and offers a less expensive
solution than traditional brass valves.
https://www.avient.com/sites/default/files/2024-04/Maxxam REC Outdoor Plug Socket Case Study_A4.pdf
THE IMPACT
The new Maxxam REC Recycled Polyolefin formulations
from Avient enabled Hager to bring the new cubyko
leaf to market quickly, with a first launch in the French
market in January 2024.
https://www.avient.com/sites/default/files/2021-02/ppsu-masterbatch-product-bulletin_0.pdf
Colorant Chromatics PSU, PES
and PPSU colorants are designed specifically for
use in these resins to help boost color consistency
and streamline product development for increased
speed to market.
KEY CHARACTERISTICS
• Consistent coloring and improved
homogenization with the polymer for more
efficient processing and waste reduction
• Opaque PSU/PES/PPSU masterbatches
available with shorter lead times in a range
of readily available standard colors
• Minimum order quantities as low as 5kg (10lbs)
for improved inventory control
• Robust colorant formulations mean zero
disruption to existing molding processes,
allowing manufacturers to bring products
to market faster and without investing in
new machinery
PRODUCT BULLETIN
1.844.4AVIENT
www.avient.com
Product Code Color LDR* Pantone No.**
650.00 Black 10% 433C
650.01 Brown 10% 7615C
650.02 Red 10% 186C
650.03 Orange 5% 1495C
650.04 Yellow 10% 142C
650.05 Green 10% 2248C
650.06 Blue 10% 278C
650.07 Violet 20% 2073C
650.08 Grey 10% Cool Gray 7C
650.09 White 10% RAL9010
PPSU RESINS
Product Code Color LDR* Pantone No.**
660.00 Black 6% Black 6C
660.01 Brown 6% 7582C
660.02 Red 8% 7620C
660.03 Orange 6% 1505C
660.04 Yellow 6% 124C
660.05 Green 6% 348C
660.06 Blue 6% 660C
660.07 Violet 15% 7664C
660.08 Grey 6% Cool Gray 8C
660.09 White 6% RAL9010
PSU RESINS
Product Code Color RAL No.*
S837.0 Black 9005
S837.1 Brown 8011
S837.2 Red 3002
S837.3 Orange 2004
S837.4 Light Yellow 1016
S837.5 Green 6032
S837.6 Blue 5015
S837.7 Violet 4005
S837.8 Grey 7037
S837.9 White 9016
PES RESINS
Copyright © 2021, Avient Corporation.
https://www.avient.com/sites/default/files/2021-06/fl.us-.datasheet-nomex-meta-aramid.pdf
• FIBER-LINE®’s ability to add value to the already
attractive properties of both Kevlar®Para-Aramid &
Nomex® Meta-Aramid creates more opportunity in
the market place to provide solution driven products
to a diverse range of markets.
• Because FIBER-LINE® already processes so many dif-
ferent types and deniers of both Kevlar® & Nomex®,
we have been authorized by DuPont™ to distribute
small quantities of these fibers to an ever-growing
customer base
https://www.avient.com/sites/default/files/2020-09/sem-stain-resistant-phone-cases-application-bulletin.pdf
Offering premium blue jean stain resistance on par with silicone,
this material increases design freedom, boosts speed to market capabilities, and enhances supply chain
flexibility at a significantly reduced cost.
Increase speed to market – Avient TPEs have
a shorter lead time than silicone and can be
processed quickly on high speed injection
molding equipment.
https://www.avient.com/sites/default/files/resources/dB%2520June%2520Presentation%2520June%252012%25202013%2520%25282%2529.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
The time required to consummate the divestiture of our resin assets and the satisfaction or waiver of conditions in the sale agreement;
Any material adverse changes in the business supporting the resin assets being sold;
The ability to obtain required regulatory or other third-party approvals and consents and otherwise consummate the proposed divestiture
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies; our
ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being
accretive;
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 financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate
liquidity) to maintain their credit availability;
The speed and extent of an economic recovery, including the recovery of the housing market;
Our ability to achieve new business gains;
The amount and timing of repurchases, if any, of PolyOne common shares and our ability to pay regular quarterly cash dividends and the amounts and
timing of any future dividends;
The effect on foreign operations of currency fluctuations, tariffs, and other political, economic and regulatory risks;
Changes in polymer consumption growth rates in the markets 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 achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital
reductions, cost reductions, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees; 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.
• The above list of factors is not exhaustive.
• We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
EPS: $1.00
First Quarter Financial Highlights
• 14th consecutive quarter of double digit adjusted earnings per
share growth
• 29 percent increase in adjusted EPS
34 percent increase in Specialty operating income
Growth from all regions
Virtually all organic growth
• Strengthened our financial
position
Page 12
• Total Debt at 3/31/13
Less: Cash
Net Debt
• Available Liquidity
Cash
ABL Availability
Total Liquidity
• Net Debt / EBITDA = 2.7x*
$169
285
$454
$1,056
169
$887
$50
$360
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2013
($ millions)
Page 13
Coupon Rates: 7.500% 7.375% 5.250%
*Pro Forma TTM with no synergies related to Spartech acquisition & excludes resin assets
Debt Maturities & Liquidity Summary – 3/31/13
Cash Balance = $169M
Net Debt / EBITDA* = 2.7x
• Repurchased
840k shares in Q1
2013
• 19.1 million
shares are
available for
repurchase under
the current
authorization
Share
Repurchase
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
2012 (25%) and
Q1 2013 (20%)
• Objective of
maintaining and
growing
Dividends
• Expanding our
sales, marketing,
and technical
capabilities is top
priority
• Investing in
operational and
LSS initiatives
(including synergy
capture)
• CAPEX
Organic
Growth
• Targets that expand our:
• Specialty offering
• End market presence
• Geographic footprint
• Synergy opportunities
• Adjacent material solutions
Acquisitions
*TTM with no synergies related to the Spartech acquisition
Use of Cash
Page 14
Why Invest In PolyOne?
Strong past performance demonstrates that our
strategy and execution are working
• Megatrends align with our strengths
• Innovation and services provide differentiation
and competitive advantage
• Strong and proven management team driving
growth and performance
• Addressable market exceeds $40 billion
The New PolyOne: A Specialty Growth Company
2015 Target: $2.50 Adjusted EPS
Page 15
Schedule I
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures
calculated and presented in accordance with U.S.
https://www.avient.com/sites/default/files/2024-07/Colorants _ Additives for Appliances Brochure.pdf
Customers are guided through a color development
process at the earliest stages of their product
development to establish high-impact colors for their
brands, helping accelerate time to market.
Brand owners and marketers can draw
inspiration from this tool to develop appliances that
will be more attractive to consumers.
UL94 Compliance
Appliances are part of the electrical products requiring UL94 compliance to be deemed safe for certain
markets.
https://www.avient.com/sites/default/files/2020-08/avient-investor-presentation-jefferies-industrials-conference.pdf
Avient Corporation 1
JEFFERIES VIRTUAL
INDUSTRIALS
CONFERENCE
A U G U S T 2 0 2 0
Avient Corporation 2
FORWARD LOOKING STATEMENTS
Avient Corporation 3
USE OF
NON-GAAP
MEASURES
Avient Corporation 4
UPDATE ON THE
COVID-19 PANDEMIC
Avient Corporation 5
2019 Transportation Consumer
Discretionary
Healthcare Packaging All Other
Industries
Cost
Containment
FX 2020
$64.3 18%
16% 2%
$46.9
SECOND QUARTER 2020 IN REVIEW
Consumer
Discretionary
Avient Corporation 6
CLARIANT MASTERBATCH
STRATEGIC RATIONALE
Avient Corporation 7
FIT W I T H FOUR PILLAR S T R A T E G Y
Specialization
Globalization
Operational
Commercial
People
Avient Corporation 8
2006 2019E PF*
2006 2019E PF*
38%
* 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business
Percentage of Total Revenue
E N D M A R K E T T R A N S F O R M A T I O N
Building & Construction High Growth End Markets
50%
22%
Avient Corporation 9
Electronic
38%
18%Transportation
Building &
Constrution
Electrial &
Electronic
2006 Pro Forma(1)
Net Sales by End Market
E N D M A R K E T T R A N S F O R M A T I O N
Avient Corporation 10
U N I F I E D F O C U S O N S U S T A I N A B I L I T Y
2006 - 2013
2013 – 2019
PEOPLE
PROD UC TS PLANET
PER FOR M A NC E
Avient Corporation 11
O V E R 8 5 % O F A D J U S T E D E B I T D A F R O M S P E C I A L T Y
46%
66%
0%
40%
60%
80%
100%
2005 2010 2015 Pro Forma
%
o
f
A
d
ju
s
te
d
E
B
IT
D
A
(
1)
JVs Performance Products & Solutions Distribution Specialty
87%
(2)
Avient Corporation 12
T H E N E W A V I E N T : A S P E C I A L T Y G R O W T H C O M P A N Y
Transaction expected to add $0.85 to pro forma adjusted EPS
Avient Corporation 13
SUSTAINABILITY AT AVIENT
P E O P L E , P R O D U C T S , P L A N E T , P E R F O R M A N C E
Avient Corporation 13
Avient Corporation 14
V I S I O N
To be the world’s
premier provider of
specialized polymer
materials, services and
C O R E
V A L U E S
P E R S O N A L
V A L U E S
Honesty IntegrityRespect
Operational
Commercial
Specialization
Globalization
Collaboration ExcellenceInnovation
To be the world’s
premier provider of
specialized polymer
materials, services
and sustainable
Avient Corporation 15
1.3
1.1 1.1
0.85
0.65
0.57
0.54
0.97
0.84
0.74 0.74
0.69
0.51
0.56
0.14
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
YTD
S A F E T Y F I R S T
Injuries per 100 Workers
Spartech
Acquisition
Avient Corporation 16
G R E A T P L A C E T O W O R K
Avient Corporation 17
C O M M O D I T Y T O S P E C I A L T Y T R A N S F O R M A T I O N
2006 - 2013 2013 – 20192000-2005 2006 - 2013
2020 and
Beyond
Avient Corporation 18
A V I E N T
2 0 1 9 R E V E N U E | $ 2 . 9 B I L L I O N
Segment End Market Geography
Wire & Cable
Building &
Electrical &
Electronics
Color
Additives
& Inks
34%
Distribution
41%
Specialty
Engineered
Materials
25%
United States
54%
Latin
America
Avient Corporation 19
Operating Income
% of Sales
Color, Additives &
Inks
1.7% 14.7%
Specialty Engineered
Materials
1.1% 11.6%
Distribution 2.6% 6.3%
2009 2010 2011 2012 2013 2014 2015 2016*2017* 2018
$2.43
P R O O F O F P E R F O R M A N C E
C O N S E C U T I V E
Y E A R S
10
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
$1.96
$2.06
$2.21
A D J U S T E D E P S E X P A N S I O N
2018 2019
$1.69
$1.51
Avient Corporation 20
531
710
1,032
130
164
207
504
663
871
2014 2018 Pro Forma
R&D / Technical Marketing Sales
+ 34%
+ 26%
+ 32%
E X P A N S I O N O F COMMERCIAL RESOURCES D R I V I N G G R O W T H
Revenue in Billions
Total
+ 10%
Organic
+ 7%+ 45%
+ 26%
+ 31%
$4.0
$3.2
(2) (1) (1)
$2.9 $2.9
$3.5
2015 2016 2017 2018 Pro
Forma
Total
+ 9%
Organic
+ 5%
Pro Forma(2)
Avient Corporation 21
P R I O R A C Q U I S I T I O N S H I S T O R Y
Commercial
Resources(1)
Operating
Income
($ in millions)
Operating
Margins
256
350
$36
$100
Established Acquisitions
(> 7 years)
+ 37% + 176% + 1000 bps
Avient Corporation 22
A L I G N I N G W I T H T R E N D S F O R G R O W T H
T R A N S P O R T A T I O N P A C K A G I N G H E A L T H C A R E C O N S U M E R
Facilitate
alternative
energy
Light-
weighting
Reduce
packaging
materials
Improve
recyclability
Reduce
spread of
infection
Avient Corporation 23
I N N O V A T I O N
Customization
55%
M&A
30%
Innovation
Pipeline
Innovation comes from Research & Development Spend
Vitality Index
37%
$20
$51
Avient Corporation 24
R E V E N U E F R O M S U S T A I N A B L E S O L U T I O N S
$275M
$325M
$355M
$410M 14% Total Annual Growth
9% Organic Annual Growth
Avient Corporation 25
SEGMENT
HIGHLIGHTS
I N N O V A T I N G W I T H A V I E N T
Avient Corporation 25
Avient Corporation 26
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
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
31%
Building & Construction
Appliances
Electrical & Electronics
Avient Corporation 26
Avient Corporation 27
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 9 R E V E N U E | O V E R $ 1 B I L L I O N
34%
United
States
44%
Mexico
South
America
$4
$25
$104
$147
0.9%
5.5%
12.2%
14.7%
Avient Corporation 27
Avient Corporation 28
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
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Wire & Cable*
28%
Electrical & Electronics
Building &
Construction
Avient Corporation 28
Avient Corporation 29
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 9 R E V E N U E | $ 7 5 0 M I L L I O N
27%
United
States
54%
17%
$21
$57
$87
0.1%
5.1%
9.3%
11.6%
Avient Corporation 29
Avient Corporation 30
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
28%
17%
Electrical &
Electronics
Building &
Operating Income & Margin2019 Revenue | $1.2 Billion
$25
$63
$75
$20
2.9%
4.0%
5.9%
6.3%
Avient Corporation 30
http://www.avient.com/Pages/VariationRoot.aspx
Avient Corporation 31
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
Avient Corporation 31
Avient Corporation 32
Avient Corporation 33
Adjusted EPS attributable to PolyOne common shareholders is calculated as follows:
2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016** 2017** 2018 2018***
Q1
2019*** 2019
Q1
2020
Net income from continuing operations attributable to PolyOne
common shareholders
Joint venture equity earnings, after tax
Special items, before tax
Special items, tax adjustments
Adjusted net income from continuing operations attributable to
PolyOne common shareholders
$ 106.7 $ 152.5 $ 153.4 $ 53.3 $ 94.0 $ 78.0 $ 144.6 $ 166.4 $ 173.5 $ 161.1 $ 87.7 $ 22.4 $ 75.5 $ 33.1
(19.0) (14.7) (3.7) — — — — — — — — — — —
(48.7) 24.2 (48.1) 55.1 46.3 164.2 87.6 23.8 32.9 59.5 58.7 12.2 61.7 9.6
(27.2) (96.7) (24.7) (18.9) (13.7) (73.7) (58.7) (15.9) (24.8) (25.3) (25.1) (1.2) (5.9) (1.0)
$ 11.8 $ 65.3 $ 76.9 $ 89.5 $ 126.6 $ 168.5 $ 173.5 $ 174.3 $ 181.6 $ 195.3 $ 121.3 $ 33.4 $ 131.3 $ 41.7
Diluted shares 93.4 96.0 94.3 89.8 96.5 93.5 88.7 84.6 82.1 80.4 80.4 78.2 77.7 86.7
Adjusted EPS attributable to PolyOne common shareholders $ 0.13 $ 0.68 $ 0.82 $ 1.00 $ 1.31 $ 1.80 $ 1.96 $ 2.06 $ 2.21 $ 2.43 $ 1.51 $ 0.43 $ 1.69 $ 0.48
* Historical results are shown as presented in prior filings and have not been updated to reflect subsequent changes in accounting principle, discontinued operations or the related resegmentation.
** Pro forma for sale of Designed Structures and Solutions segment (DSS).
*** Pro forma for sale of Performance Products and Solutions segment (PP&S).
Reconciliation to Adjusted EPS Excluding Special Items and Impacts of February 2020 Equity Offering and May 2020 Debt Offering
Three Months Ended
June 30, 2020
Net income from continuing operations attributable to Avient common shareholders $ 23.0
Special items, after tax(1) 2.6
After tax interest expense, net arising from equity offering and debt offering proceeds 4.1
Adjusted net income excluding special items and impact of interest expense, net arising from equity offering and debt offering proceeds $ 29.7
Diluted weighted-average shares used to compute earnings per common share 91.8
Weighted-average impact of 15.3 million shares issued in February 2020 equity offering (15.3)
Diluted weighted-average shares excluding impact of shares issued in February 2020 equity offering 76.5
Adjusted EPS excluding special items and impact of equity offering and debt offering $ 0.39
(1) Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt extinguishment costs; costs incurred directly in relation to acquisitions or divestitures,
including adjustments related to contingent consideration; employee separation costs resulting from personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; settlement
gains or losses and mark-to-market adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties and related insurance
recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or
disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non- recurring items; and the effect
of changes in accounting principles or other such laws or provisions affecting reported results.
https://www.avient.com/sites/default/files/2025-02/Hammerhead FR Panel eBook.pdf
SMARTER
MATERIALS
™
Unlock Modular Construction Potential
with Flame Retardant (FR) Composite Panels
Contents
Table of
Your Next Move
Introduction Introduction
Market Dynamics
Materials Matter
FR Composite Panels
Case Study
Sources
Construction’s future lies in building faster – at scale – while building smarter.
ISSUES FACING THE
MODULAR CONSTRUCTION
INDUSTRY
• Cost Efficiency
• Quality/Durability
• Construction Speed
• Sustainability
• Labor Cost
• Scalability
• Structural Performance
Market Overview
& Trends
Industry hurdles aside, housing construction, in general, clearly
stands at a pivot point today.
YOUR NEXT MOVE
https://www.avient.com/composites
Sources
• Lucintel Market Research Report (2024)
• Prefab Modular Smart Market Report (2020)
• Modular Construction Research Report MBI
• McKinsey & Co.
https://www.avient.com/sites/default/files/2021-08/edgetek-base-station-antenna-case-study.pdf
MAJOR TELECOM
COMPANY
B A S E S T A T I O N P H A S E
S H I F T E R
• Required customized Dk / Df values tailored to a unique
antenna design
• Quick qualification of designs and short lead times were
critical to support the rapid rollout of new 5G networks
• Met required Dk / Df properties using two
customized solutions offering Dk 3.6, Df
0.0006 and Dk 3.1, Df 0.0007
• Accelerated speed to market due to
thermoplastics’ design flexibility
Custom Edgetek™ Formulations
KEY REQUIREMENTS WHY AVIENT?