https://www.avient.com/news/archives?page=29
Avient Launches Next Generation Low Adhesive Build-Up TPE for Protective Film Tack Layer
Avient Launches New TPEs with Post-Consumer Recycled Content from Automotive Windshields
Avient Introduces New Signal-Transparent TPEs to Enable High-Speed 5G Transmission
https://www.avient.com/news/archives?page=45
Independent Testing Proves PolyOne Shock-Absorbing TPEs Protect Phone Cases from Impact Better Than TPUs
CLEVELAND – September 13, 2018 – Before PolyOne introduced Versaflex™ XP shock absorbing TPEs to the market, it reached out to an independent te
PolyOne Launches First-Ever TPE with Blue Jean Stain Resistance for Phone Cases
https://www.avient.com/resource-center?document_type=253&document_subtype=216&page=1
Adhesion mechanisms and novel TPE developments for overmolding
Safety factors, barrier properties and applications of TPEs in medical devices
TPE Overmolding Solutions for Engineering Thermoplastics - White Paper
https://www.avient.com/industries/packaging/household-packaging/household-cleaners
GLS™ TPEs - Injection Molding Guide
GLS™ TPEs - Overmolding Guide
TPEs for Home Appliances
https://www.avient.com/industries/packaging/household-packaging/surface-care
GLS™ TPEs - Injection Molding Guide
GLS™ TPEs - Overmolding Guide
TPEs for Home Appliances
https://www.avient.com/industries/packaging/personal-care-packaging/sun-care
GLS™ TPEs - Injection Molding Guide
GLS™ TPEs - Overmolding Guide
TPEs for Home Appliances
https://www.avient.com/industries/packaging/household-packaging/fabric-care
GLS™ TPEs - Injection Molding Guide
GLS™ TPEs - Overmolding Guide
TPEs for Home Appliances
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Credit%2520Suisse%2520w%2520non%2520GAAP%25206%252025%25202014.pdf
Slide 1
PolyOne Corporation Page 1
PolyOne Investor Presentation
Credit Suisse Basic Materials Conference
June 25-26, 2014
PolyOne Corporation Page 2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
S&P 500
All time high of
$42.47
June 6th, 2014
PolyOne Corporation Page 9
2006 Q1 2014 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 13.8% 12 – 16%
Global Specialty Engineered
Materials
1.1% 11.6% 12 – 16%
Designed Structures & Solutions -- 6.5% 8 – 10%
Performance Products &
Solutions
5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income
6.0% 64% 65 – 75%
3) ROIC* 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42%
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
PolyOne Corporation Page 10
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental Share Buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement
Several Levers to
Drive Growth
Mid Single Digit Revenue CAGR
PolyOne Corporation Page 11
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Specialty Vitality Index Target ≥ 35%
PolyOne Corporation Page 12
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Unique and Innovative Solutions
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
PolyOne Corporation Page 13
Megatrends Aligned with Key End Markets
Decreasing
Dependence
on Fossil
Fuels
Protecting
the
Environment
Improving
Health and
Wellness
Megatrend End Markets
Globalizing
and
Localizing
Health &
Wellness
Transportation
Packaging
Consumer
PolyOne Corporation Page 14
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 3/31/2014
PolyOne Corporation Page 15
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales, marketing,
and technical capabilities
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million shares in
Q1 2014
Repurchased 6.4 million
shares since April 2013
13.6 million shares are
available for
repurchase under the
current authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Investing in operational and
LSS initiatives (including
synergy capture)
Manufacturing alignment
PolyOne Corporation Page 16
Formula for Success
Innovation
Market
Beating
Performance
Excellence in Execution
PolyOne Corporation Page 17
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/company/sustainability/sustainability-report/products/markets/outdoor-high-performance-case-study
reSound™ Ultra-Low Carbon Footprint TPEs are formulated to achieve a negative, neutral or low carbon footprint versus traditional TPEs.
Additionally, these TPEs reduce VOCs, fogging and odor for vehicle interiors.
https://www.avient.com/knowledge-base/case-study/bic-amplifies-sustainable-razor-design-recycled-content-material
reSound™ REC post-industrial recycle (PIR) and post-consumer recycle (PCR) TPEs help brand owners create sustainable end-user products.
Formulated to achieve 62 percent recycled content, this high-performance TPE enabled BIC to create products that live up to its sustainability promises.
By combining reSound R TPE with a transparent plastic that also has recycled content, the BIC Soleil Click 5 handle reaches over 40 percent recycled content in total, while maintaining the trusted and quality shave BIC’s consumers enjoy.