https://www.avient.com/sites/default/files/2020-09/grips-translation-outdoor-application-bulletin.pdf
Adding capital costs to any product
development project is never easy.
You need to add value for your customers
while keeping your production costs down.
Customer Needs: How
Avient TPEs Stack Up
Overmolded
TPE
No Grip/
Molded-In
Texture
Premium Brand
Image/Differentiation
Excellent Poor
Premium Selling Price Excellent Poor
Premium
Performance
Excellent Poor
Comfort/Ergonomics Excellent Poor
Usability/Safety Excellent Fair
Durability Good Good
Processability Good Good
Total Production Costs $$ $
Raw Material Costs $$ $
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2020-08/colormatrix-lactra-sx-product-bulletin_0.pdf
Superior to capital-intensive multilayer preforms,
the light blocking additive can easily be added
to PET using a single-stage process for monolayer
bottles, resulting in lower machinery costs and no
loss in light blocking performance.
The simplicity
of the monolayer injection process can also lead
to reduced production cost and has the potential
to offer lighter-weight bottles due to fewer
restrictions in bottle wall thickness for single layer
constructions.
KEY CHARACTERISTICS
• Design for shelf life, ergonomics
and differentiation
• Lighter weight bottles
• Lower system cost vs. other
rigid packaging
TARGET MARKET AND APPLICATIONS
UHT Dairy Packaging
TECHNOLOGY BENEFITS
• 100% visible light blocking for monolayer
containers
• Recyclable with general PET waste stream,
even though additive is also present
• Lower system cost
• Offers shape differentiation for containers
• Enables container designs that increase ease
of pouring
• Useful for re-sealable containers
• Useful for containers that can be stored flat
after opening
• Offers light-weighting for PET bottle without
reducing light blocking performance
www.avient.com
Copyright © 2020, Avient Corporation.
https://www.avient.com/sites/default/files/2020-12/maxxam-fr-case-study.pdf
MEETING FR GOALS IN DATA CABLES WITH AN
ALTERNATIVE TO FEP
Maxxam FR materials can provide cost savings and improved
processing capabilities when used in category 5e cables
and above.
THE IMPACT
When compared with FEP, Maxxam FR formulations offer
significant cost savings and improve processing ease.
Upon achieving full-scale production, the manufacturer
was also able to reach line speeds of over 1,000 fpm at
thicknesses of 10 mil or below, while reducing material
costs by 33%.
https://www.avient.com/sites/default/files/2020-10/photovoltaic-floating-power-station-case-study.pdf
While
solar power is touted as a viable option to meet
the growing demand, development of land-based
photovoltaic power stations is limited in some cases
by the cost of land, and in others by less-than-optimal
amounts of sunlight.
These
power stations sidestep high land costs and remove
all obstacles to light absorption.
This masterbatch extends the lifespan of
thermoplastic parts within the power stations, and
minimize costs by reducing weathering-related damage.
https://www.avient.com/sites/default/files/2020-10/light-diffusion-case-study.pdf
Also,
the acrylic sheets required an additional process to
cut them to size before thermoforming, which led to
excessive waste and disposal costs.
Instead of purchasing pre-fabricated acrylic
sheet that contained a costly diffusion additive, the
Smartbatch solution enabled the customer to reduce its
material costs by 50%.
This saved the customer over $25,000
in annual material costs in addition to resolving its
toughest design challenges.
https://www.avient.com/sites/default/files/2023-11/Renol Fiber Colorants Deep Black Product Bulletin.pdf
Renol™ Fiber Colorants
Deep Black Colorants for PET Fibers
The textile market, particularly in the automotive
textiles, apparel, and home decor sectors, has
long sought after deep black colorants that offer
exceptional jetness and light fastness without
incurring exorbitant costs.
Our team of fiber
experts provides guidance to ensure that the desired
color intensity and performance are achieved in a
cost-efficient way.
APPLICATIONS
• Automotive textiles and upholstery, e.g., seat
covers, liners, carpets
• Home textiles, e.g., sofa covers, pillows, curtains
• Apparel, e.g., fashion clothing, sportswear
BENEFITS
• Deep and intense black coloration with high
light fastness
• Adapted to polyester fibers including recycled
grades
• Highly efficient formulation to increase
processability and reduce costs
• Excellent washing fastness for textile products
that are frequently washed, e.g., sportswear
• Can be customized to achieve the desired
intensity
PRODUCT BULLETIN
Copyright © 2023, Avient Corporation.
https://www.avient.com/sites/default/files/2022-04/Avient Announces Agreement to Acquire Dyneema_0.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 acquisition of the Dyneema business;
the satisfaction or waiver of conditions in the purchase agreement; completion of the consultation
process with the relevant Dutch works council; the ability to obtain required regulatory or other
third-party approvals and consents and otherwise consummate the proposed acquisition of the
Dyneema business; our ability to achieve the strategic and other objectives relating to the
proposed acquisition of the Dyneema business and possible sale of the distribution business;
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 effect
on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory
risks; the current and potential future impact of the COVID-19 pandemic on our business, results
of operations, financial position or cash flows; changes in polymer consumption growth rates and
laws and regulations regarding plastics in jurisdictions where we conduct business; 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 raise or sustain prices for products or services; information
systems failures and cyberattacks; 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.
This is due to the inherent difficulty of forecasting the timing and amount of
certain items, such as, but not limited to, restructuring costs, environmental remediation costs,
acquisition related costs, and other non-routine costs.
https://www.avient.com/sites/default/files/2024-08/Avient Q2 2024 Earnings Call Presentation.pdf
In particular, these include statements relating to future actions;
prospective changes in raw material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of
contingencies such as legal proceedings and environmental liabilities; and financial results.
This is due to the inherent difficulty of forecasting the timing and amount of certain
items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs.
For the same reasons, Avient is unable to address the probable significance of the unavailable information.
2
3
Q2 2024 HIGHLIGHTS
• 5% organic sales growth supported by
broad-based growth across all regions
in both CAI and SEM segments
• Growth stemmed from gaining share,
winning new product specifications
and restocking in certain end markets
• Cost control and operational
discipline expanded EBITDA margins
by 100 bps
• EPS exceeded guidance by $0.05
and increased 21% vs the prior year
Adj.
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Investor Presentation_website w Non-GAAP.pdf
In particular, these include statements relating to future actions;
prospective changes in raw material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of
contingencies such as legal proceedings and environmental liabilities; and financial results.
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to:
• 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 effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Disruptions or inefficiencies in our supply chain, logistics, or operations;
• Changes in laws and regulations in jurisdictions where we conduct business, including with respect to plastics and climate change;
• Fluctuations in raw material prices, quality and supply, and in energy prices and supply;
• Demand for our products and services;
• 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;
• Our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends;
• Information systems failures and cyberattacks;
• Amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions;
• Our ability to achieve strategic objectives and successfully integrate acquisitions, including the implementation of a cloud-based enterprise resource planning system, S/4HANA;and
• Other factors affecting our business beyond our control, including without limitation, changes in the general economy, changes in interest rates, changes in the rate of inflation, geopolitical conflicts and any recessionary conditions
Use of Non-GAAP Measures
This presentation includes the use of both GAAP (generally accepted accounting principles) and non-GAAP financial measures.
This is due to the inherent difficulty of forecasting the timing and amount of certain
items, such as, but not limited to, restructuring costs, environmental remediation costs, acquisition-related costs, and other non-routine costs.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Gabelli%2520%2526%2520Co%2520Specialty%2520Chemicals%2520Conference.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are
not limited to:
• Our ability to identify and evaluate acquisition targets and consummate acquisitions;
• The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired
companies, retain relationships with customers of acquired companies, and achieve the expected results of such acquisitions,
including whether such businesses will be accretive to our earnings;
• 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;
• Our ability to achieve new business gains;
• The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks;
• Changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions
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 and employee productivity goals;
• Information systems failures and cyber attacks;
• Our ability to continue to pay regular cash dividends and the amounts and timing of any future dividends; 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 New PolyOne: A Specialty Growth Company
Segment Highlights
16POLYONE CORPORATION
1.7%
4.6% 5.1%
5.5%
7.2% 8.1%
9.7%
12.2%
14.7%
16.7%
16.0%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020
2017 Revenue: $0.9 Billion
Key End Markets (% of revenue)
United
States
46%
Europe
31%
Asia 15%
Latin
America
4%
South
America
2%
Canada
2%
Platinum
Vision
Packaging
(27%)
Industrial
(14%)
Wire & Cable
(10%)
Textiles
(12%)
Transportation
(8%)
15.5%
Operating Income % of Sales
Color, Additives & Inks
At a Glance
17POLYONE CORPORATION
1.1% 1.3%
3.4%
5.1%
9.6%
8.0% 8.6%
9.3%
12.1%
14.7%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020
Platinum
Vision
United
States
48%
Europe
28%
Asia
22%
Canada
2%
Consumer
(20%)
Transportation
(19%)
Electrical & Electronics
(15%)
Wire & Cable
(13%)
Healthcare
(11%)
12.5%
20%+
Key End Markets (% of revenue)
2017 Revenue: $0.6 Billion Operating Income % of Sales
14.3%
Specialty Engineered Materials
At a Glance
18POLYONE CORPORATION
5.5%
6.9%
3.8%
3.6%
5.5%
4.3%
6.3%
7.2% 7.7%
8.3%
12-14%
10.7%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020
11.1%
United
States
77%
Canada
16% Latin America
5%
Asia
2%
Platinum
Vision
Building & Construction
(30%)
Transportation
(16%)
Wire & Cable
(15%)
Industrial
(18%)
Key End Markets (% of revenue)
2017 Revenue: $0.7 Billion Operating Income % of Sales
Performance Products & Solutions
At a Glance
19POLYONE CORPORATION
Transportation
23%
Healthcare
22%
Industrial
18%
Consumer
15% Appliance
7%
E & E
6%
B & C
4%
Packaging
3%
W & C
2%
4%
38%
2006 2017
ROIC*
2.6%
3.0% 3.5%
4.6%
5.6%
6.4% 5.9% 6.1%
6.6% 6.5 - 7.5%6.3%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020
*After-Tax ROIC
6.4%
2017 Revenue: $1.2 Billion Key Suppliers
Operating Income % of Sales
4.0%
Platinum
Vision
Distribution
At a Glance
http://www.avient.com/Pages/VariationRoot.aspx
http://www.avient.com/Pages/VariationRoot.aspx
Target End Markets &
Application Examples
21POLYONE CORPORATION
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
22POLYONE CORPORATION
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
23POLYONE CORPORATION
Target End Markets… Consumer
Thermally Conductive
Components
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Components
24POLYONE CORPORATION
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
25POLYONE CORPORATION
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
26POLYONE CORPORATION
Optimize Color Usage
OnColorTM Super Concentrates
Eliminate costs by increasing
pigment density
Enhance color performance
without altering form and
formulation
Increasing design capabilities
by reducing weight and layer
thickness
27POLYONE CORPORATION
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
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
28POLYONE CORPORATION
Medical Device Housings
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
29POLYONE CORPORATION
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
30POLYONE CORPORATION
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
31POLYONE CORPORATION
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
32POLYONE CORPORATION
Smart Home Devices
ResilienceTM Vinyl Solutions
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
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.
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; employee separation costs resulting from
personnel reduction programs, plant realignment costs, executive separation agreements; asset impairments; 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; the effect of changes in accounting principles or other
such laws or provisions affecting reported results and tax adjustments.