https://www.avient.com/news/archives?page=42
PolyOne Expands its Reach with Advanced Composite Materials at JEC World 2019
PolyOne Showcases More Than Materials for Healthcare Applications at MD&M West 2019
Move Over, Metal: PolyOne Launches Surround™ EMI/RFI Shielding Formulations
https://www.avient.com/news/archives?page=54
PolyOne to Begin Specialty Engineered Material Production in India
ANAHEIM, Calif. – PolyOne Advanced Composites, a new platform within PolyOne’s Specialty Engineered Materials business, is exhibiting for the
New Textile Printing Inks Collaboration Announced Between PolyOne Wilflex and Ryonet
https://www.avient.com/news/archives?page=49
PolyOne Showcases Regulatory-Compliant, Robust Polymer Solutions at Wire Southeast Asia 2017
Premium Sporting Knife Manufacturer Relies on PolyOne’s Bergamid™ Nylon to Extend its Brand Message
Relies on PolyOne GlasArmor™ Panels
https://www.avient.com/investor-center/news/polyone-appoints-walter-ripple-vice-president-sustainability-joins-alliance-end-plastic-waste-founding-member
PolyOne
PolyOne
PolyOne
https://www.avient.com/investor-center/news/polyone-announces-appointment-woon-keat-moh-vice-president-asia
PolyOne
PolyOne's
PolyOne
https://www.avient.com/investor-center/news/polyone-appoints-michael-garratt-chief-commercial-officer-donald-k-wiseman-president-performance-products-solutions
PolyOne
PolyOne
PolyOne
https://www.avient.com/investor-center/news/polyone-announces-acquisition-plasticomp
PolyOne
PolyOne
PolyOne
https://www.avient.com/news/polyone-develops-high-performing-plasticizer-alternative-flexible-pvc
The foresight and expertise of PolyOne’s Synthetic Esters team, combined with PolyOne’s manufacturing agility, enabled rapid development, production and delivery of a cost-effective alternative.”
About PolyOne
PolyOne Corporation, with 2015 revenues of $3.4 billion, is a premier provider of specialized polymer materials, services and solutions.
Photo Credit: ©ThinkStock.com/PolyOne
https://www.avient.com/investor-center/news/polyone-board-elects-kim-ann-mink-director
She will serve on the Environmental, Health and Safety committee.
PolyOne
PolyOne
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
Scope included legacy PolyOne operations.
D
is
t.
)
K
W
R
R
P
M
P
P
G
A
V
Y
F
U
L
G
C
P
IF
F
H
X
L
F
M
C
F
O
E
H
U
N
E
C
L
K
R
A
E
M
N
A
S
H
C
E
S
C
L
G
R
A
A
L
B
Median: 5%Median: 3%
Source: Peer data per Bloomberg market data as of April 27, 2021
Avient reflects 2021 estimated revenue of $4,300M and excludes one-time synergy capture CAPEX ($20M)
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
Free Cash Flow Conversion (1)
2021E (%)
Being asset light helps us to generate
strong free cash flow that is in line
with specialty formulators.
Free cash flow conversion calculated as (EBITDA – Capex) / EBITDA
Median: 84% Median: 77%
H I G H F R E E C A S H F L OW
C O N V E R S I O N
Avient reflects 2021 estimated EBITDA of $560M and excludes one-time synergy capture CAPEX ($20M)
Source: Peer data per Bloomberg market data as of April 27, 2021
87 89 87 86
82 81
76
88 87
84
82 81
78 77 77 77 76 73
70
69
50
19
A
vi
e
n
t
K
W
R
P
P
G
R
P
M
A
V
Y
F
U
L
G
C
P
F
M
C
IF
F
H
X
L
U
N
V
R
E
C
L
A
S
H
C
E
B
N
R
F
O
E
E
M
N
G
R
A
H
U
N
K
R
A
S
C
L
A
L
B
Source: Peer data per Bloomberg market data as of April 27, 2021
Total Enterprise Value / 2021E EBITDA
Our current valuation with updated
guidance implies an EBITDA multiple
that is below specialty formulator
peers and the majority of our
chemical peers.