https://www.avient.com/sites/default/files/2021-02/2021-baird-sustainability-conference.pdf
Develop and implement solutions to end plastic
waste while supporting AEPW $1.5B
investment in key initiatives.
2 0 3 0 S U STA I NA B I L I T Y TA RG E TS
Avient Corporation 5
P RO D U C T S
8 W A Y S W E H E L P C U S T O M E R S
B E M O R E S U S T A I N A B L E
T R E N D S I N F O C U S
Avient Corporation 6
RECYCLING /
CIRCULAR
ECONOMY
LIGHTWEIGHTING ECO-CONSCIOUS
S U S TA I NA B L E S O LU T I O N S F O R T H E C I RC U L A R
E C O N O M Y
Avient Corporation 7
OPTICA™ TONERS FOR PET
LACTRA™ SX LIGHT BLOCKING
ADDITIVE FOR PET
AMOSORB™ OXYGEN
SCAVENGER FOR PET
JOULE™ & SMARTHEAT™
INFRARED ABSORBER
ULTIMATE™ UV LIGHT BARRIER
CESA®-NATUR BIO-SOURCED
ADDITIVES
TRIPLE A™ ACETALDEHYDE
SCAVENGER FOR PET
IR SORTABLE BLACK FOR
RECYCLABLE PACKAGING
EZE™ SLIP AGENT
FOR PET
ONCOLOR™ NATURALS –
COLORANTS FOR RECYCLABLE
PACKAGING
RESOUND™ OM
THERMOPLASTIC ELASTOMERS
VERSAFLEX™ POST-
CONSUMER RECYCLED (PCR)
TPE FORMULATIONS
AV I E N T C YC L E WO R KS
I N N O V A T I O N C E N T E R T O A D V A N C E
T H E C I R C U L A R E C O N O M Y
• Laboratory mimics real-world circular
recycling in a research environment
• Conducts chemistry testing to improve
plastics recycling for customers
• Screening and evaluation of additive and
colorant systems during recycling
• Collaboration platform for customers and
value chain partners
Avient Corporation 8
Avient Corporation 9
AV I E N T E NA B L E S C U STO M E R S ’
C I RC U L A R E C O N O M Y G OA L S
C O L O R M A T R I X ™ P R O C E S S A I D & T O N E R F O R R E C Y C L E D P E T
L I G H T W E I G H T I NG
Avient Corporation 10
NYMAX™ NYLON
FORMULATIONS
HYDROCEROL® CHEMICAL
FOAMING AGENTS
POLYSTRAND™ TAPES
AND LAMINATES
COMPLĒT™ LFT
ENGINEERED RESINS
W H AT ’ S H A P P E N I N G A V I E N T S O L U T I O N S
PLASTICS ARE:
AV I E N T S O LU T I O N S E NA B L E L I G H T W E I G H T
DA S H B OA R D S K I N S
H Y D R O C E R O L ® F O A M I N G A G E N T S O L U T I O N S
Avient Corporation 11
E C O - C O N SC I O U S
Avient Corporation 12
ONCOLOR™ BRILLIANT
METALLIC COLORANTS
W H AT ’ S H A P P E N I N G
ONCOLOR™ WPC CAPSTOCK
TECHNOLOGY
ZODIAC™ AQUARIUS™
WATER BASED
SCREEN PRINTING INKS
MAGIQ™ FIBER
COLORANTS & ADDITIVES
SAFER & CLEANER
MATERIALS
RESOURCE
CONSERVATION
HUMAN HEALTH &
SAFETY
ECO-CONSCIOUS
ALTERNATIVES
A V I E N T S O L U T I O N S
AV I E N T E C O - C O NS C I O U S S O LU T I O N S I M P ROV E
FAC E M A S K P E R F O R M A N C E
Avient Corporation 13
M A G I Q ™ E L E C T R E T P L U S T E C H N O L O G Y
Improved
filtration efficiency
Protects
against aerosols &
bacteria particles
Increased
shelf-life
ENERGY INTENSITY
9%
DECREASE
WASTE INTENSITY
2%
DECREASE
WATER INTENSITY
20%
DECREASE
TOTAL CO2 EMISSIONS
29%
DECREASE
P L A N ET
K E Y P E R F O R M A N C E I N D I C A T O R S
2 0 1 6 - 2 0 1 9
56 ENERGY REDUCTION
PROJECTS SAVE
7400+
MT/CO2 ANNUALLY
PUNE, INDIAASSESSE, BELGIUM
Avient Corporation 14
• Avient is a founding member
• Cross value chain collaboration
• Driving breakthrough innovations
R E V E N U E F RO M S U S TA I N A B L E S O LU T I ON S
2016 2017 2018 2019 2020PF
VOC Reduction Reduced Energy Use
Bio-derived Content Eco-conscious
Renewable Energy Applications Recyclability
Reduced Material Requirements Lightweighting
$275M
$325M
$355M
$410M
$560M
(1) Proforma to include a full year of Clariant Masterbatch business acquisitionAvient Corporation 16
Revenue from sustainable solutions expected grow at an 8-12% CAGR into the future
(1)
THANK YOU
Avient Corporation 17
https://www.avient.com/sites/default/files/2024-11/Color and Additive W_C Product Selection Guide_Web.pdf
ONCOLOR™ COLOR CONCENTRATES
• Complete range of in-stock color solutions
designed specifically for telecommunications,
energy, and automotive applications
- Complete Munsell color range for
telecommunications applications
- Complete NEMA color range for electrical
applications
- J1128 SAE specifications for automotive
applications
- UL 2885 file E482856 for halogen-free
formulations
• Custom color solutions for your most demanding
low smoke, non-halogenated, UV, temperature,
aging, and shrinkage requirements
• Weatherable pigments providing color fade
resistance for demanding outdoor applications
• Optimized formulations for cross-linked
polyethylene wire and cable constructions
CESA™ PERFORMANCE ADDITIVE
CONCENTRATES
Custom designed additive solutions for your specific
applications, providing added value through ease of
processing, product performance, and operational
cost savings
• Laser marking - improve marking reliability
and durability in all types of cable jacketing and
insulating materials
• Antimicrobial - help protect cables from harmful
mold and bacteria growth
• Nucleating agents - maintain critical dimensions
and manage shrink characteristics
• Chemical foaming agents - take out weight and
reduce resin costs
• UV stabilizers - protect resin material and extend
product life
• Antioxidants - maintain physical properties
• Processing aids - minimize die drool associated
with some materials
COLORANT CHROMATICS™ HIGH-
TEMPERATURE POLYMER SOLUTIONS
• Fluoropolymer and high-temperature
thermoplastics-based colorant and additive
concentrates and compounds
• Dispersed pigments for coloring PTFE
• Functional additives including laser marking,
foaming agents, and conductive, antistatic,
radiopaque, reinforced, and cross-linked grades
• Full range of printing, striping, and marking inks
PRODUCT
CODE
LET DOWN
RATIO
COLOR
(Munsell)
CC10225921 1.00% Black
CC00012573 1.00% White
CC10222359 1.00% Red
CC10223395 1.00% Gray
CC10222361 1.00% Green
CC00012376 1.00% Blue
CC10222363 1.00% Orange
CC10222360 1.00% Yellow
CC10223394 1.00% Brown
CC00012516 1.00% Purple
CC10062368 1.00% Aqua
CC10223396 1.00% Pink
P
VC
PRODUCT
CODE
LET DOWN
RATIO
COLOR
(Munsell)
CC00000001 1.00% Black
CC00012837 1.00% White
CC10225296 1.00% Red
CC10225298 1.00% Gray
CC10225300 1.00% Green
CC10225295 1.00% Blue
CC10225297 1.00% Orange
CC10225299 1.00% Yellow
CC10225301 1.00% Brown
CC10225603 1.00% Purple
CC10225293 1.00% Aqua
CC10225294 1.00% Pink
P
E
ONCOLOR™ SOLUTIONS FOR TELECOMMUNICATIONS
• PVC colorants designed for telecommunications and fiber optic applications
• PE colorants that are excellent for foam skin and solid insulation applications
• EVA colorants designed for cross-linked materials and resin applications including XLPE, XLPO, PVC, PE, and more
PRODUCT
CODE
LET DOWN
RATIO
COLOR
(Munsell)
CC00012853 1.00% Black
CC00012946 1.00% White
CC10221766 1.00% Red
CC10221760 1.00% Gray
CC10221765 1.00% Dk Green
CC10221764 1.00% Lt Green
CC10221757 1.00% Dk Blue
CC10221761 1.00% Lt Blue
CC10221767 1.00% Orange
CC10221763 1.00% Yellow
CC10221758 1.00% Brown
CC10221762 1.00% Purple
CC10224626 1.00% Tan
CC10221759 1.00% Pink
EV
A
PRODUCT
CODE
LET DOWN
RATIO
COLOR
(Munsell)
CC10190635 3.00% Black
CC10190642 3.00% White
CC10190641 3.00% Red
CC10190637 3.00% Gray
CC10190638 3.00% Green
CC10185195 3.00% Blue
CC10185197 3.00% Orange
CC10190643 3.00% Yellow
CC10190636 3.00% Brown
CC10190640 3.00% Purple
CC10190634 3.00% Aqua
CC10190639 3.00% Pink
P
BT
PRODUCT
CODE
LET DOWN
RATIO
COLOR
(Munsell)
CC10246438WE 2.00% Aqua
CC10245005WE 2.00% Black
CC10246090WE 2.00% Blue
CC10264438DR 2.00% Brown
CC10245008WE 2.00% Gray
CC10246092WE 2.00% Green
CC10264439DR 3.00% Orange
CC10261866DR 2.00% Pink
CC10261867DR 2.00% Purple
CC10264436DR 2.00% Red
CC10245006WE 2.00% White
CC10246093WE 2.00% Yellow
U
L
28
85
ONCOLOR™ SOLUTIONS FOR ENERGY CABLE APPLICATIONS
• Recommended use rate may vary depending on specific application, process, equipment, and resin grade
PRODUCT
CODE
LET DOWN
RATIO
COLOR
(NEMA)
CC00012342 1.00% Black
CC00012575 1.00% White
CC00012547 1.00% Red
CC10018221 1.00% Gray
CC00012444 1.00% Dk Green
CC10018222 1.00% Lt Green
CC00012408 1.00% Dk Blue
CC00012407 1.00% Lt Blue
CC10013140 1.00% Orange
CC00036502 1.00% Yellow
CC00012363 1.00% Dk Brown
CC00012373 1.00% Lt Brown
CC00012526 1.00% Purple
CC10018225 1.00% Tan
P
VC
PRODUCT
CODE
LET DOWN
RATIO
COLOR
(NEMA)
AB13820380 3.00% Yellow
AB24820333 3.00% Orange
AB32820571 3.00% Pink
AB33820570 3.00% Red
AB44820167 3.00% Purple
AB54820507 3.00% Dark Blue
AB63820502 3.00% Dark Green
AB72820811 3.00% Gray
AB84820533 3.00% Brown
AB94820333 3.00% Black
CC00016954 1.00% White
N
YL
O
N
ONCOLOR™ SOLUTIONS FOR AUTOMOTIVE APPLICATIONS
• EVA colorants designed for use with cross-linked materials such as XLPE
• Recommended use rate is 1.00% and may vary depending on specific application, process, equipment,
and resin grade
PRODUCT
CODE
LET DOWN
RATIO COLOR
CC00012853 1.00% Black
CC00012946 1.00% White
CC10221766 1.00% Red
CC10221760 1.00% Gray
CC10221765 1.00% Dk Green
CC10221764 1.00% Lt Green
CC10221757 1.00% Dk Blue
CC10221761 1.00% Lt Blue
CC10221767 1.00% Orange
CC10221763 1.00% Yellow
CC10221758 1.00% Brown
CC10221762 1.00% Purple
CC10224626 1.00% Tan
CC10221759 1.00% Pink
EV
A,
J
11
28
PRODUCT
CODE
LET DOWN
RATIO COLOR
CC00012342 1.00% Black
CC00012575 1.00% White
CC00012535 1.00% Red
CC00012461 1.00% Gray
CC00012425 1.00% Dk Green
CC00012426 1.00% Lt Green
CC00012379 1.00% Dk Blue
CC00012378 1.00% Lt Blue
CC00012490 1.00% Orange
CC00012585 1.00% Yellow
CC00012363 1.00% Brown
CC00012525 1.00% Purple
CC00012561 1.00% Tan
CC00012507 1.00% Pink
P
VC
, J
11
28
A RANGE OF WORLD-CLASS SERVICES
With manufacturing facilities and innovation centers across the globe, we work
with you to understand your goals and provide the expertise you need for your
wire and cable applications.
https://www.avient.com/sites/default/files/resources/PolyOne%25202017%2520Annual%2520Report.pdf
General Manager, Nalco Chemical Company Europe (a manufacturer of specialty
chemicals, services and systems) from April 2006 to March 2008.
General Manager, Nalco Chemical Company
North America from June 2003 to March 2006.
The S&P Mid Cap Chemicals index includes a broad
range of chemical manufacturers.
https://www.avient.com/resource-center?document_type=59&all=1
Omnicolor™ Multipurpose Colorants provided resin compatibility for respiratory accessory parts
Chemically Compatible TPEs for Cosmetic Packaging - Application Bulletin
Learn how Avient’s chemically compatible Versaflex™ PKG thermoplastic elastomers provide a wide range of tactile finishes and surface textures
https://www.avient.com/sites/default/files/2022-03/Avient 2022 Proxy Statement.pdf
Mink served as Business President of Elastomers,
Electrical and Telecommunications at the Dow Chemical Company (“Dow”), a
specialty chemicals provider, from 2012 to 2015.
then a fully-owned subsidiary of Dow
Chemical).
Eastman Chemical Company RPM International Inc.
https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
Whether
an additional line at an existing
manufacturing plant, or a new
facility in a growing region, we
ramp-up quickly and cost-efficiently.
29
Capex / Revenue
2021E (%)
AV I E N T I S A SS E T L I G H T
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
2 2 2 2
3 3 3
4
3
4 4 5 5 5 5
5 6
7
27
A
vi
e
n
t
A
vi
e
n
t
(E
xc
l.
D
is
t.
)
K
W
R
P
P
G
A
V
Y
F
U
L
R
P
M
G
C
P
H
X
L
F
M
C
H
U
N
IF
F
E
C
L
A
S
H
K
R
A
E
M
N
C
E
S
C
L
A
L
B
Median: 5%Median: 3%
Source: Peer data per Bloomberg market data as of July 28, 2021
Avient reflects 2021 estimated revenue of $4,650M 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.
With the Clariant Masterbatch
acquisition and divestment of the
PP&S business, our exposure is now
concentrated in less-cyclical and
high-growth markets, with increased
geographic diversification and a more
specialized portfolio that can
significantly expand EBITDA margins.
31
Avient reflects 2021 estimated EBITDA of $580M
O U R VA LUATI O N V E R S U S P E E R S
Avient Specialty
Formulators
Other
Chemical/Specialty
Companies
9.5
18.5
15.1 15.1
14.0
11.0 10.4
29.5
28.2
23.9
18.7
12.4 12.2
11.1
9.3 9.2 9.2
7.6 7.6
6.0
A
vi
e
n
t
K
W
R
P
P
G
A
V
Y
R
P
M
F
U
L
G
C
P
A
L
B
H
X
L
E
C
L
IF
F
F
M
C
B
N
R
A
S
H
S
C
L
E
M
N
U
N
V
R
K
R
A
C
E
H
U
N
Median: 11.1xMedian: 14.6x
S U M M A RY: W H Y I N V E S T I N AV I E N T ?
https://www.avient.com/sites/default/files/resources/8.31.19%2520Investor%2520Presentation.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
S E R V I C E :
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 31
T A L E N T D E V E L O P M E N T
PolyOne Corporation 32
Leadership Program Participants
2012
2013
2014
2015
47
0
86
2016
2018
125
169
315
Campus Hires
2008
2011
2014
2017
0
25
90
47
PolyOne LSS Blackbelts
2008
2011
2014
2018
0
67
220
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
I Q D E S I G N L A B S
PolyOne Corporation 33
Material
& Color
Expertise
Manufacturing
Expertise
3
14
2014 2018
Industrial designers
$0
$10M
2014 2018
$4M
$80M
2014 2018
Opportunity funnel New business revenue
L S S C U S T O M E R F I R S T
PolyOne Corporation 34
Customer Projects
2014 2018
2 104
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 35
PolyOne Corporation 36
M O N T H M O N T H
M O N T H M O N T H
M O N T H M O N T H
99.9%
up to 24 weeks
6 hours
C O L O R M A T R I X S E L E C T ™
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 37
S E G M E N T H I G H L I G H T S
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
PolyOne Corporation 38
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
28%
Industrial
14%
Textiles
13%
Wire & Cable
11%
Building & Construction
10%
Transportation
8%
Consumer
8%
Healthcare
5%
Appliances
2%
Electrical &
Electronic 1%
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 8 R E V E N U E | O V E R $ 1 B I L L I O N
$4
$25
$104
$159
0.9%
5.5%
12.2%
15.1%
2005 2009 2013 2018
PolyOne Corporation 39
Europe
35%
United
States
45%
Asia
14%
Canada
1%
Mexico
3%
South
America
2%
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
PolyOne Corporation 40
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Consumer
21%
Transportation
18%
Wire & Cable
13%Healthcare
9%
Industrial
9%
Packaging
7%
Appliance
3%
Building &
Construction 4%
Electrical &
Electronics
16%
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 8 R E V E N U E | $ 6 4 6 M I L L I O N
PolyOne Corporation 41
$21
$57
$72
0.1%
5.1%
9.3%
11.2%
2005 2009 2013 2018
Europe
28%
United
States
46%
Asia
24%
Canada
2%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 42
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Materials
Flame Retardant
Polymers
Building &
Construction
28%
Industrial
18%
Transportation
17%
Wire & Cable
16%
Consumer
7%
Appliance
6%
Packaging
4%
Electrical &
Electronics
4%
Asia
2%
United
States
78%
Mexico
5%
Canada
15%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 8 R E V E N U E | $ 7 3 6 M I L L I O N
$40
$24
$56
$74
4.6%
3.6%
7.2%
10.0%
2005 2009 2013 2018
PolyOne Corporation 43
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
PolyOne Corporation 44
Healthcare
27%
Transportation
22%
Industrial
18%
Consumer
12%
Appliance
6%
Electrical &
Electronics
5%
Building &
Construction
5%
Packaging
3%
Wire & Cable
2%
$20
$25
$63
$71
2.9%
4.0%
5.9%
5.6%
2005 2009 2013 2018
Operating Income & Margin2018 Revenue | $1.3 Billion
http://www.avient.com/Pages/VariationRoot.aspx
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
PolyOne Corporation 45
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 46
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
Luxury Packaging
GravitechTM Density Modified Polymers
Optimize Color Usage
OnColorTM Super Concentrates
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Outdoor Applications
Fiber Colorants
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Seaport%2520Global%2520Transports%2520%2526%2520Industrials%2520Confer....pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation
to continue for years
Expand ROIC while increasing invested capital
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating
organic growth
S E G M E N T
H I G H L I G H T S
PolyOne Corporation 17
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
PolyOne Corporation 18
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
27%
Industrial
14%
Textiles
12%
Building &
Construction
10%
Wire & Cable
10%
Transportation
8%
Consumer
7%
Healthcare
6%
Electrical &
Electronics
3%
Appliance
3%
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 7 R E V E N U E | $ 8 9 3 M I L L I O N
$4
$25
$104
$139
0.9%
5.5%
12.2%
15.5%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
18.0%
20
30
40
50
60
70
80
90
100
110
120
130
140
150
2005 2009 2013 2017
PolyOne Corporation 19
Europe
32%
United
States
46%
Asia
15%
Canada
1%
Mexico
4%
Brazil
2%
(in millions)
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
PolyOne Corporation 20
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Consumer
20%
Transportation
19%
Electrical &
Electronics
15%
Wire & Cable
13%
Healthcare
11%
Industrial
8%
Packaging
7%
Appliance
4%
Building &
Construction
3%
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 7 R E V E N U E | $ 6 2 4 M I L L I O N
PolyOne Corporation 21
$21
$57
$78
0.1%
5.1%
9.3%
12.5%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
20
30
40
50
60
70
80
90
2005 2009 2013 2017
Europe
28%
United
States
48%
Asia
22%
Canada
2%
(in millions)
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 22
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Materials
Flame Retardant
Polymers
Building &
Construction
30%
Industrial
18%
Transportation
16%
Wire & Cable
15%Appliance
7%
Packaging
5%
Consumer
5%
Electrical &
Electronics
3%
Healthcare
1%
Mexico
5%
United
States
77%
Latin
America
2%
Canada
16%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 7 R E V E N U E | $ 7 2 1 M I L L I O N
$40
$33
$56
$77
4.6%
3.6%
7.2%
10.7%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
14.0%
16.0%
0
10
20
30
40
50
60
70
80
90
100
2005 2009 2013 2017
PolyOne Corporation 23
(in millions)
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
PolyOne Corporation 24
Transportation
23% Healthcare
22%
Industrial
18%
Consumer
15%
Appliance
7%
Electrical &
Electronics
6%
Building &
Construction
4%
Packaging
3%
Wire & Cable
2%
$20
$25
$63
$73
2.9%
4.0%
5.9%
6.3%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
15
25
35
45
55
65
75
2005 2009 2013 2017
Operating Income & Margin
(in millions)
2017 Revenue | $1.2 Billion
http://www.avient.com/Pages/VariationRoot.aspx
http://www.avient.com/Pages/VariationRoot.aspx
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 25
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
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
Luxury Packaging
GravitechTM Density Modified Polymers
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
OnColorTM Super Concentrates
Inhibit microbial growth
on polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
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
Medical Device Housings
Chemically Resistant Engineered Polymers
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
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
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
Fiber Colorants
High flame retardancy to
meet strict UL standards
Greater processing and
design flexibility
Specialized additives
provide long term color
stability
Diffusive lens materials
improve light dispersion
Smart Home Devices
ResilienceTM Vinyl Solutions
1
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne common shareholders, adjusted earnings per share (EPS)
attributable to PolyOne common shareholders and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) 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.
https://www.avient.com/sites/default/files/resources/Investor%2520Presentation%2520May19.pdf
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
S E R V I C E :
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 31
T A L E N T D E V E L O P M E N T
PolyOne Corporation 32
Leadership Program Participants
2012
2013
2014
2015
47
0
86
2016
2018
125
169
315
Campus Hires
2008
2011
2014
2017
0
25
90
47
PolyOne LSS Blackbelts
2008
2011
2014
2018
0
67
220
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
I Q D E S I G N L A B S
PolyOne Corporation 33
Material
& Color
Expertise
Manufacturing
Expertise
3
14
2014 2018
Industrial designers
$0
$10M
2014 2018
$4M
$80M
2014 2018
Opportunity funnel New business revenue
L S S C U S T O M E R F I R S T
PolyOne Corporation 34
Customer Projects
2014 2018
2 104
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 35
PolyOne Corporation 36
M O N T H M O N T H
M O N T H M O N T H
M O N T H M O N T H
99.9%
up to 24 weeks
6 hours
C O L O R M A T R I X S E L E C T ™
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 37
S E G M E N T H I G H L I G H T S
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
PolyOne Corporation 38
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
Packaging
28%
Industrial
14%
Textiles
13%
Wire & Cable
11%
Building & Construction
10%
Transportation
8%
Consumer
8%
Healthcare
5%
Appliances
2%
Electrical &
Electronic 1%
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 8 R E V E N U E | O V E R $ 1 B I L L I O N
$4
$25
$104
$159
0.9%
5.5%
12.2%
15.1%
2005 2009 2013 2018
PolyOne Corporation 39
Europe
35%
United
States
45%
Asia
14%
Canada
1%
Mexico
3%
South
America
2%
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
PolyOne Corporation 40
Engineered
Formulations
Advanced
Composites
Thermoplastic
Elastomers
Consumer
21%
Transportation
18%
Wire & Cable
13%Healthcare
9%
Industrial
9%
Packaging
7%
Appliance
3%
Building &
Construction 4%
Electrical &
Electronics
16%
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 8 R E V E N U E | $ 6 4 6 M I L L I O N
PolyOne Corporation 41
$21
$57
$72
0.1%
5.1%
9.3%
11.2%
2005 2009 2013 2018
Europe
28%
United
States
46%
Asia
24%
Canada
2%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
E N D M A R K E T S & S O L U T I O N S
PolyOne Corporation 42
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Materials
Flame Retardant
Polymers
Building &
Construction
28%
Industrial
18%
Transportation
17%
Wire & Cable
16%
Consumer
7%
Appliance
6%
Packaging
4%
Electrical &
Electronics
4%
Asia
2%
United
States
78%
Mexico
5%
Canada
15%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 8 R E V E N U E | $ 7 3 6 M I L L I O N
$40
$24
$56
$74
4.6%
3.6%
7.2%
10.0%
2005 2009 2013 2018
PolyOne Corporation 43
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
PolyOne Corporation 44
Healthcare
27%
Transportation
22%
Industrial
18%
Consumer
12%
Appliance
6%
Electrical &
Electronics
5%
Building &
Construction
5%
Packaging
3%
Wire & Cable
2%
$20
$25
$63
$71
2.9%
4.0%
5.9%
5.6%
2005 2009 2013 2018
Operating Income & Margin2018 Revenue | $1.3 Billion
http://www.avient.com/Pages/VariationRoot.aspx
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
PolyOne Corporation 45
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 46
Thermally Conductive
Technologies
Chemical Resistant
Technologies
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Technologies
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Components
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
Oxygen Scavenger
Technologies
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Technologies
Antioxidant Technologies
Density Modified
Technologies
Target End Markets… Packaging
Luxury Packaging
GravitechTM Density Modified Polymers
Optimize Color Usage
OnColorTM Super Concentrates
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Outdoor Applications
Fiber Colorants
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Circular Economy 2022.pdf
The materials, parts, polymers, chemicals
and other components of the things we use are all designed to re-enter the
ecosystem that helped produce them.