https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Gabelli%2520%2526%2520Company%2520Specialty%2520Chemical%2520Conference.pdf
sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRw&url=http://www.mullerquaker.com/products/greek100/greek100-peach-and-passion-fruit&ei=-acYVZq7EIqwyASDjYL4CA&bvm=bv.89381419,d.cWc&psig=AFQjCNGNCQY1_dCN2RPLzxtap_Pu0omTXQ&ust=1427765484498432
POLYONE CORPORATION 22
2016 Revenue: $0.7 Billion
At a Glance: Performance Products & Solutions
2016 Revenue by Industry Expanding Profits
5.5%
6.9%
3.8% 3.6%
5.5%
4.3%
6.3% 7.2% 7.7%
8.3%
12-14%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2020
Operating Income % of Sales
Platinum
Vision
11.1%
B & C
30%
Transportation
18%
W & C
16%
Industrial
16% Appliance
6%
Consumer
5%
Packaging
5%
E & E
3%
Healthcare
1%
United
States
78%
Canada
16%
Latin
America
4%
Asia
2%
Key Applications
POLYONE CORPORATION 23
2016 Revenue: $1.1 Billion
At a Glance: Distribution
Key Suppliers
ROIC Expanding Profits
2.6%
3.0%
3.5%
4.0%
4.6%
5.6%
6.4%
5.9% 6.1%
6.6%
6.5-7.5%
6.4%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2020
Operating Income % of Sales
Platinum
Vision
15%
51%
2006 2016
Transportation
24%
Healthcare
22%
Industrial
18%
Consumer
15% Appliance
6%
E & E
5%
B & C
4%
Packaging
4%
W & C
2%
http://www.avient.com/Pages/VariationRoot.aspx
24 POLYONE CORPORATION
Application Examples
POLYONE CORPORATION 25
Luxury Packaging
with Gravitech Density Modified Polymers
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and prestige
perceptions among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
POLYONE CORPORATION 26
Eliminate costs by increasing
pigment density
Enhance color performance
without altering form and
formulation
Increase design capabilities by
reducing weight and layer
thickness
Optimize Color Usage
with OnColor Super Concentrates
POLYONE CORPORATION 27
Inhibit microbial growth on
polymer surface
Enhance value or products
and devices
Highly versatile concentrate
with the ability to be
incorporated into a wide
variety of products
Combat Bacteria Formation
with WithStand Antimicrobial Technology
POLYONE CORPORATION 28
Medical Device Housings
with Chemically Resistant Engineered Polymers
Durable, long-lasting
products stand up to the
most aggressive disinfectants
Minimize environmental
stress cracking and
discoloration
One of the broadest
medically approved polymer
and colorant portfolios
POLYONE CORPORATION 29
Color & Design Services
Greater control of color development
and supply chain
Work across entire design process
from concept to commercialization
Inspire creativity in the use of
polymer materials, colors
and effects
Innovative brand differentiation
Faster development timelines
POLYONE CORPORATION 30
Outdoor Applications
Leading provider of high performance
specialty materials for the recreational
and sports & leisure industry
Well positioned across all segments to
address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
Source: Outdoor Industry Association
POLYONE CORPORATION 31
Fiber Colorants
Solutions for clothing, apparel, footwear, automotive & sporting goods
ColorMatrix Fiber Colorant Solutions
Proprietary advanced liquid color
formulations and equipment enable
greater efficiency and productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
POLYONE CORPORATION 32
High-Barrier Packaging Containers
Capability to extrude up to 13
layers
Strong oxygen and moisture vapor
transmission protection
Can be made symmetrical or
asymmetrical to meet customized
needs of broad variety of
applications
Barrier protection and superior
sensory properties
1
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income attributable to PolyOne common shareholders, adjusted earnings per share (EPS) attributable to PolyOne common
shareholders and operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in
understanding current profitability levels and that current levels may serve as a base for future performance.
Segment Highlights
At a Glance: Color, Additives & Inks
At a Glance: Specialty Engineered Materials
At a Glance: Designed Structures & Solutions
At a Glance: Performance Products & Solutions
At a Glance: Distribution
Application Examples
Luxury Packaging�with Gravitech Density Modified Polymers
Optimize Color Usage�with OnColor Super Concentrates
Combat Bacteria Formation�with WithStand Antimicrobial Technology
Medical Device Housings�with Chemically Resistant Engineered Polymers
Color & Design Services
Outdoor Applications
Fiber Colorants�Solutions for clothing, apparel, footwear, automotive & sporting goods
High-Barrier Packaging Containers
Investor Presentation - January 2017 r14
Investor Presentation - January 2017
https://www.avient.com/resources/safety-data-sheets?page=6467
TPE WHITE MEDICAL DEVICE
https://www.avient.com/resource-center?document_type=59&page=45
How TPEs Can Help Medical and Pharmaceutical Manufacturers Meet Growing Global Demand
This white paper details how TPEs can be used to meet global demand for healthcare devices and apparatus
https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=40
How TPEs Can Help Medical and Pharmaceutical Manufacturers Meet Growing Global Demand
This white paper details how TPEs can be used to meet global demand for healthcare devices and apparatus
https://www.avient.com/resource-center?document_subtype=0&document_type=59&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=0&product_name=0&page=37
Whether you’re designing fittings for PC-connected systems, or for smartphone-installed devices, we can help you craft a game-changing experience for the user.
Recent developments of medium barrier, high barrier and super high barrier TPEs and their applications in food and medical packaging
https://www.avient.com/resource-center?document_subtype=0&document_type=59&form_id=resource_filter_form&industry=0&op=FILTER RESULTS&product_family=0&product_name=0&page=45
How TPEs Can Help Medical and Pharmaceutical Manufacturers Meet Growing Global Demand
This white paper details how TPEs can be used to meet global demand for healthcare devices and apparatus
https://www.avient.com/resource-center?document_type=63&all=1
Medical Device Disinfection: How to Prevent Cracking and Crazing
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
Post-consumer recycled content as percentage of total plastic packaging volume, by weightAvient Corporation 36
37Avient Corporation
T O P 5 G A P S T H A T W E A R E A D D R E S S I N G
2: DECONTAMINATION1: COLOR MANAGEMENT 3: MAINTAINING MECHANICAL
PROPERTIES
4: MONO-MATERIAL
CONSTRUCTION
5: CONSISTENT RECYCLED
MATERIAL QUALITY
Improving the Use of Recycled Content
Avient Corporation 38
39Avient CORPORATION
• Inconsistent base color of recycled materials
• Lightest color recycled material in high demand for all applications ($$)
• Even with clear/transparent materials, color degrades over repeated processing
• OpticaTM Toners and Super-concentrated colorants to
reduce and mask recycled material discoloration
• SmartHeatTM reduces heat history to minimize yellowing
• Color Simulation Tool to assist with color space design
• Stabilization of color fluctuation driven by variable recycled polymer
• In-line color correction to optimize customer manufacturing efficiency
RECYCLE COLOR QUALITY RANGE
Avient Corporation 39
1: Color Management
Recycled Material Restricts Color Options
With virgin material, we
can design across a broad
color spectrum
The darker the recycled
materials, the more color
design freedom is restricted
This bright yellow
is not achievable
with high
concentrations of
dark recycled
materials
Avient can provide customer guidance on maximum recycle
content possible and color concentration required to achieve
desired color
Avient Corporation 40
Case Study with Brand Owner
Recycled Resin
=
Discolored Base
Virgin Resin
=
Clean Color Base
Degree of base discoloration limits recycle content
Avient Corporation 41
The Plus Factor Opportunity
I N C R E A S E D U S E O F R E C Y C L E D M A T E R I A L
R E Q U I R E S M O R E C O L O R A N T A N D A D D I T I V E S
Avient Corporation 42
$100M +
2: Decontamination
Recycled material feedstocks are contaminated
• Feedstock variability supplies the recycle process
• Insufficient washing at recycler
• Residual labels and printing inks cause quality and NIAS issues
• Unpleasant recycled material odor (in processing and the final application)
• Clean, food grade, recycled material availability in high demand
• Reliable decontamination to reduce NIAS concerns
• Full odor removal
• CESATM Laser Marking to eliminate contaminating printing inks,
labels and glue
• AAzureTM process aids and scavengers to enable food and
beverage taste purity in PET packaging
• ProsureTM range of formulations to enable NIAS compliance and
security (customer peace of mind)
NIAS = Non Intentionally Added Substances
Avient Corporation 43
44
3: Maintaining Mechanical Properties
• Mechanical properties of recycled materials degrade after multiple heat cycles
• Today's recycling protocols only focus on one recycle loop…in reality, there
will be several
• Legislation and brand owners are targeting higher recycled material ratio
incorporation and full circularity
• Polymer quality stability over multiple loops to deliver circular recyclability
• Stress cracking of recycled bottles
• Upgrading performance of lower quality recycled materials
• Specification and guided selection amongst highly variable recycled materials
• CESATM antioxidants and process aids to enhance
physical properties
• SmartHeatTM reduces heat history to minimize yellowing
• rePrize™ for PET polymer chain repair and extension
Avient Corporation 44
Multi-material packaging is harder to recycle
• Contamination of polymer streams
• Issues in sorting
• Issues in separation
• Trend is to restrict multi-material systems in favor of mono-material constructions
• Improve recyclability of PET gas barriers
• Barrier system development for Polyolefins
• Recyclable barrier systems for film and sheet
• Portfolio of compatibilizers to enable multilayer constructions
• AmosorbTM to extend beverage shelf life by scavenging
oxygen through the bottle wall
• CaptureTM to extend product shelf life through oxygen
scavenging but without contaminating the bottle
• Lactra SX TM to prevent light-induced oxidation in liquid dairy
products stored at higher temperatures
Avient Corporation 45
4: Mono-Material Construction
46
Brand Owners require a consistent brand identity
• Inconsistent quality streams pose a challenge to delivering homogeneous product
quality and aesthetics to the consumer
• Brands demand recycled content, but with color/property consistency
• Recyclers are challenged to fulfill needs from brand owners and convertors
• Specification and selection of recycled material grades for targeted applications
• Simulation of recycled material performance in the end-use application
• Leverage re-formulation expertise to provide a consistent packaging product (color and
mechanical properties)
Our Service and Color Expertise differentiate Avient and allow
us to support customers throughout the entire design process
• Design for use: Color matching, Color design options
• Recycle lot selection
• Improving mechanical properties
• Improving material processing
Closer customer collaboration to support recycle efforts
Avient Corporation 46
5: Consistent Recycle Material Quality
2016 2021E
Growth in Sustainable Solutions
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
Revenue From Sustainable Solutions*
Avient Corporation 47
Future Revenue Growth Assumptions
8-12%
Avient Corporation 48
Cathy Dodd
High-Impact, High-Growth Industry
Medical
Equipment /
Devices
33%
Drug
Delivery
19%
Medical
Supplies
18%
Labware
Remote
Monitoring
$225
$380
$685
2010 2016 2021E
Healthcare Submarkets (2021E) Track Record of Sales Growth
Personal Wellness
3%
Avient Corporation 49
Our Foundation
W E A R E P O S I T I O N E D T O W I N
Relationships Innovative Solutions Differentiated Services
50Avient Corporation
Trends in Healthcare
S H A P I N G I N N O V A T I O N & S O L U T I O N S
Improved Wellness &
Connectedness
Globalization &
Localization Increasing Life Expectancy
Self Management & Self
Administration
Technology Driving
Diagnostic & Remote
Monitoring
COVID-19 Protection
Avient Corporation 51
• Deep, trusted customer relationships
• Well-positioned and entrenched in
the Healthcare supply chain
• Broad & differentiated capabilities
• Positioned to respond &
execute quickly
COVID - 19 Protection
A V I E N T W A S S E T A N D R E A D Y
Avient Corporation 52
Aging Population
T R E A T I N G C H R O N I C C O N D I T I O N S
Of the U.S. population is
aged 65 or older… and this
number is growing
Suffer from one or more chronic
health conditions
Avient Corporation 53
Aging Population
T R E A T I N G C H R O N I C C O N D I T I O N S
Increasing Life Expectancy
Cardiology
• 47% of Americans having at least one of three
major risk factors for heart disease
Diabetes
• 193 million people with Type 2 diabetes and will
grow to 252 million by 2026 at a 5% CAGR
Neurology
• Neurological disorders are the second leading
cause of death globally, second only to heart
disease
Avient Corporation 54
Connected Health
E X P A N S I O N O F M E D I C A L W E A R A B L E D E V I C E S
Improved Wellness &
Connectedness
• Flexible components to provide design
aesthetics & proper functionality
• Robust designs to meet regulatory
requirements and perform over long product
lifecycles
• Patient comfort to promote ongoing use
Avient Corporation 55
Remote Patient Monitoring
T R A N S L A T I N G D E V I C E S F R O M H O S P I T A L S E T T I N G S T O H O M E
Technology Driving Diagnostic &
Remote Monitoring
• Durable, chemically-resistant devices to
withstand impact in a home environment and
exposure to a variety of household cleaners
• Miniaturization of devices to fit into limited space
in the home, while maintaining maximum
functionality
• Innovative, user-friendly designs and long-term
aesthetics to provide patients with easy-to-use,
high-quality, attractive devices in the home
Avient Corporation 56
Self Management & Self Administration
E N A B L I N G P A T I E N T S T O M A N A G E H E A L T H
Self Management & Self
Administration
• Combination of rigid & flexible materials to
realize design potential and optimize device
functionality
• Superior chemical resistance to cleaners,
disinfectants, hand oils, UV rays, and drugs to
extend life of device
• Reduced abrasion between mating components
to ensure proper dosing
• Regulatory-approved colorant and additives to
provide branding and drug identification
Avient Corporation 57
Trends are Shaping Innovation
Professional / Clinic Patient / Home
Avient Corporation 58
D I F F E R E N T I A T E D S E R V I C E
• Global product development support from
industrial design through engineering and
product launch
• Extensive material, manufacturing, industry
and value chain knowledge
• Human-centric design skill, aligning product
innovations with ergonomic needs
• Product tear-down capabilities to provide
customers with product optimization and cost
reduction insights
• 3D-printed prototypes and samples to
accelerate product development
Avient Corporation 59
IDEAIDEA
PROOF OF
CONCEPT
PROOF OF
CONCEPT
DESIGNDESIGN TOOLINGTOOLING EVALUATIONEVALUATION
LAUNCH &
DELIVERY
LAUNCH &
DELIVERY
Accelerating Speed to Market
with Avient design
Avient Corporation 60
A U T O I N J E C T O R
61Avient Corporation
62
A U T O - I N J E C T O R T E A R - D O W N
Defined haptics
and soft touch
Stringent regulatory
requirements
Drug contact, mechanical sensitivity for
dosing accuracy
Lasermarking and
laserwelding compatible
Strict change control
63
64
Easy to use
Safe
Quality
Protect Ingredients
Compliant
Temperature
Management
65
Medical Grade TPE
Healthcare Colorants
High-Density Polymer
Laser weldable formulation
Laser marking additives
Lubricated polymers
Easy to use
Safe
Quality
Protect Ingredients
Compliant
Temperature
Management
17,645
29,445
Source: BCC Research, Nov. 2020
(LBs millions)
Healthcare Growth Outlook
Avient Corporation 66
8-10%
Future Revenue Growth AssumptionsMarket for Medical Plastics
Break
Avient Corporation 68
Chris Pederson
$74
$84
$216 $212
$260
$5
$10
$32
$41
$50
10
40
50
60
70
2017 2018 2019 2020 2021E
• Prior investments in composites
platform and outdoor high
performance applications continue
to pay off driving substantial growth
in 2021
• Composites will also drive our ability
to deliver future revenue growth in
excess of GDP
Avient Corporation 69
Spotlight: Growth in Composites
Composite Material Design
Avient Corporation 70
Materials Structure
Mfg ProcessPart Properties
Lower weight
Corrosion resistance
Fatigue performance
Tailor-ability
Design flexibility
Composite Material Forms
Avient Corporation 71
Manufacturing Costs
Continuous Fiber
Thermosets
Design Flexibility
Continuous Fiber
Thermosets
Discontinuous Fiber
Performance Performance
Discontinuous Fiber
Composites Portfolio
D I V E R S E C A PA B I L I T I E S A N D S O L U T I O N S S E R V I N G
M A N U FA C T U R E R S A N D O E M S
LFT Tapes Laminates/Panels Shapes Pultrusion Engineered Fibers
Avient Corporation 72
Powersports & Outdoor Gear
B E N E F I T S O F C O M P O S I T E S
STRUCTURAL COMPONENTS
Material Replacement • Weight Reduction •
Temperature Resistance • Impact Resistance
BODY PANELS
Paint Replacement • Weight
Reduction • Scratch Resistance
ADVENTURE GEAR
Fatigue Resistance • Lightweight •
Temperature Resistance • Impact
Resistance
Avient Corporation 73
Industrial & Energy
B E N E F I T S O F C O M P O S I T E S
HIGH PRESSURE PIPE
Burst Strength • Corrosion Resistance •
Lighter Weight
GPS TRACKABLE PALLETS
Weight Reduction • Increased Load •
Stiffness
POWER INFRASTUCTURE
Corrosion Resistance • Electrical
Insulation • Weight Reduction
Avient Corporation 74
$31
$48
$66
$119
2009 2013 2017 2021E
Avient Corporation 75
Spotlight: Growth at Fiber-Line
Revenue
• Fiber-Line business acquired on
January 2, 2019 for $120 million
• Specialty portfolio of fiber-optic cable
applications primarily serving
telecommunications end-market
• Deep formulation expertise, innovative
culture and global commercial presence
will accelerate growth related to 5G
infrastructure build out
Avient Corporation 76
5G
Technology
Matt Reinhardt
Evolution of 5G
M E E T I N G S I G N I F I C A N T L Y E X P A N D I N G C O N N E C T I V I T Y N E E D S
Avient Corporation 77
How FAST IS 5G?
Avient Corporation 83
Avient in 5G Ecosystem
Avient Corporation 84
Antenna
Phase Shifters
Smart
Home
Wearables
INFRASTRUCTURE IOT DEVICES
Smart
Phones
Autonomous
Cars
Virtual
Reality
Complete Cable
Strength
Members
Water
Blocking
Yarns
Ripcord
Yarns
Cable Jacket
Cable Insulation
Composites Growth Outlook
Avient Corporation 85
10% CAGR
5G Capacity and Demand
Source: Mobile Experts: 5G Millimeter Wave 2019:
ns
e
an
C
ap
ac
ity
(
o.
Avient Corporation 104
Unprecedented Market Opportunity
$3 Billion Market
• 5G Infrastructure
• Vehicle Electrification
• IoT, Wearables
• Home Health & Consumer Medical Devices
Engineered Materials: Revolutionary Adaptation
Source: Lux Research Inc.,
How can Avient “capture & create” value in this segment?
https://www.avient.com/sites/default/files/2024-05/Mevopur-Surgical Gown-Case study snapshot_0520.pdf
Medical textile manufacturer
LEARN MORE
MEDICAL TEXTILE
MANUFACTURER
S U R G I C A L D R A P E S & G O W N S
• Pre-tested for ISO 10993 biocompatibility standard
• Available in standard blue or other customized colors
• Compatible with ETO sterilization
• Suitable for use in non-woven SMS spunbond layer
• Offered standard blue and custom colors
such as green
• Pre-tested raw materials for biocompatibility
ISO10993 standard
• Manufactured under ISO 13485 certified
medical sites with change control in place
MevopurTM Healthcare Colorants and
Formulations
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/products/polymer-colorants/healthcare-colorants/mevopur-healthcare-colorants-and-formulations
Slide 1: Medical textile manufacturer
https://www.avient.com/resource-center?document_type=59&page=42
Whether you’re designing fittings for PC-connected systems, or for smartphone-installed devices, we can help you craft a game-changing experience for the user.
Recent developments of medium barrier, high barrier and super high barrier TPEs and their applications in food and medical packaging