https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Taiwan %28English and Chinese Translation%29.pdf
Seller shall not be subject to any
liability or damages for delay in performance or non-
performance as a result of fire, flood, ice, natural
catastrophe, pandemic, strike, lockout, labor shortage,
labor dispute or trouble, accident, riot, act of
governmental authority, act of God, war, act of
terrorism (including cyber-terrorism and ransomware
attacks), or other contingencies and/or circumstances
beyond its reasonable control interfering with the
production, supply, transportation, or consumption of
the Products or with the supply of any raw materials
used in connection therewith, or the inability of Seller
to purchase raw materials at a commercially reasonable
price, or if performance would be contrary to, or
constitute a violation of, any regulation, law, or
requirement of a recognized government authority, and
quantities so affected may be eliminated by Seller from
this contract without liability or damages to Seller, but
this contract shall otherwise remain unaffected.
https://www.avient.com/sites/default/files/2021-09/avnt-seaport-conference-presentation.pdf
We are Avient.
6
B ET T E R TO G E TH E R : P O LYO NE A N D
C L A R I A N T M A S T ER BATC H
Key Financial Data (1)
2021E Sales $4.6 - $4.7 billion
2021E EBITDA $580 million
2021E Free Cash Flow $280 million
87% of EBITDA from specialty applications
(1) As of July 30, 2021 webcast
Synergies
($ millions)
Three-Year
Estimate
Administrative $ 20
Sourcing 30
Operational 25
Total Synergies $ 75
7
C L A R I A N T C O S T S Y N ERG I E S
• On-track to realize $45 million of expected
synergies in 2021 – up from previous estimate of
$35 million
• Relentless focus on guiding principles for
acquisition integration: safety first, employee
collaboration and exceeding customer expectations
• Future revenue synergies in excess of $50 million
by 2025 are not part of these estimates and
represent additional growth over the long term
8
• Barrier technology
• Functional additives
• Processing aids
• Flame retardants
• Light-weighting
additives
Complementary
Technologies
• Clariant’s approved
formulations and
certified facilities
• Legacy PolyOne’s
leading share in
distribution channels
Healthcare
Solutions
• Clariant’s position
in SE Asia,
Latin America,
Germany & Italy
• Legacy PolyOne’s
position in U.S.,
Canada and China
Regional
Strengths
• Solutions with Avient’s
engineered materials
customers
• Avient’s distribution
channels
Segment
Cross-selling
C O M P L E M E NTA RY T E C H N O LOG I E S A N D
C U S TO M ER S D R I V E R E V E N U E S Y N E RG I E S
Revenue synergy opportunities in excess of $50MM by 2025
The complementary aspects of our combined businesses are unquestionable.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Investor%2520Day%25205-18-15.pdf
url=http://de.wikipedia.org/wiki/Datei:Bayer-Logo.svg&rct=j&frm=1&q=&esrc=s&sa=U&ei=TfImVb6bAbeKsQTjp4DABA&ved=0CBYQ9QEwAA&sig2=Ci5ha-5qQAzO0chQpoDCLA&usg=AFQjCNHRuaPkX3dETrItqttgMxou7-a1Ow
PolyOne Corporation Page 33
Innovation Pipeline Potential
Global Specialty Engineered Materials
Prototype Frame
Opportunity
Scale-up & Test
Market
Build
Business Case
Commercial
Launch
Phase 1 Phase 2 Phase 3 Phase 4 Phase 5
3
6
2
3
4
4
2 2 1
3
3
1
3
2
1
Breakthrough
Platform
Derivative
Addressable Market
($ millions)
$400 $100 $200
PolyOne Corporation Page 34
Megatrends Aligned with Key End Markets
Increasing
Energy
Efficiency
Protecting
the
Environment
Improving
Health and
Wellness
Megatrend End Markets
Globalizing
and
Localizing
Health &
Wellness
Transportation
Packaging
Consumer
Global Specialty Engineered Materials
PolyOne Corporation Page 35
>$150M
Revenue
Potential
Advanced Composites
Healthcare
Key Initiatives
Light-weighting
>$100M
Revenue
Potential
Global Specialty Engineered Materials
PolyOne Corporation Page 36
Platinum Vision
1.1%
8.0%
12.1%
20%+
2006 2011 2014 2020
Platinum
Vision
World Class Operating Margin
Accelerating Growth
Global Specialty Engineered Materials
Innovation Market
Growth
Geographic
Expansion
Collaboration
PolyOne Corporation Page 37
Summary
Accelerating growth is #1 priority
• Collaboration across PolyOne
• Market-driven Innovation
• Commercial and Operational Excellence
Global Specialty Engineered Materials
PolyOne Corporation Page 38
Designed Structures and Solutions
PolyOne Corporation Page 39
Custom
Engineered
Solutions
71%
Packaging
Solutions
29%
Appliances
2%Building &
Construction
8%
Consumer
5%
Healthcare
6%
Industrial
23%
Packaging
27%
Transportation
30%
2014 Revenue by
Industry Segment
2014 Revenues:
$0.6 Billion
At a Glance
Designed Structures and Solutions
PolyOne Corporation Page 40
Early Progress
1.4%
5.6%
7.3%
2012 2013 2014
Operating Margin
$16
$33
$45
2012 2013 2014
Operating Income ($M)
• Cultural shift from
volume to value
• Emphasis on
commercial excellence
• Mix shift to profitable
portfolio of offerings
• “Rightsizing” the
operational footprint
• Deploy Lean Six Sigma
Designed Structures and Solutions
PolyOne Corporation Page 41
A Lot of Work Remains with Tremendous Upside Potential
Guided by our Four Pillar Strategy
Specialization Globalization
Operational
Excellence
Commercial
Excellence
Designed Structures and Solutions
Focused on improving:
• Quality
• On-time Delivery
• Operational Efficiency
PolyOne Corporation Page 42
Innovating with Cross-Business Unit Technologies
Designed Structures and Solutions
Specialty Engineered Materials
Color and Additives
GLS
ColorMatrix
Geon
• Flame retardant solutions
• Flexible sound abatement materials
• Energy dissipation
• Replacement of leaded glass
• Foaming technologies
• Improved renewable packaging
• Next generation barrier packaging
• Glass replacement in packaging
PolyOne Corporation Page 43
Who We Are Growing With
Designed Structures and Solutions
http://www.google.com/url?
https://www.avient.com/sites/default/files/2021-12/AVNT 2021 Investor Day_0.pdf
Truly global
• Technology platform and expertise –
Combining the best from two global leaders creates an
unmatched portfolio of products and solutions
• Global and local accounts –
Combining our legacies’ business, dealing with large key
accounts and a broad base of regional customers, creates
ample opportunities for growth and industry partnering
• Talent acquisition and retention –
Our ‘best of both worlds’ leadership position helps us to
attract and retain the best people in the industry
• Cost and performance synergies –
Alignment of site structures and technical & commercial
organizations is driving a positive cost position
An Excellent Fit
Avient Corporation 16
• Dedicated global organization
• Full suite of performance products
• Excellent product stewardship
expertise
• High quality technical organization
• Strong focus on innovation and
sustainability
• Strong customer relationships and
global industry partnerships
• Global footprint
What Legacy Clariant Color Brings
Avient Corporation 17
Customer
orientation and
dedication
Aesthetics +
Product
Functionality
Innovation and
Sustainability
Safety First
o Both ACC Responsible Care® companies
o Legacy and continued focus on safety
Retain All Customers and Existing Business
o Minimize integration disruptions
o Broadened portfolio of specialty solutions
o World class products and service
Retain All Key Employees
o Talented, passionate, and collaborative
o Supportive, high-performance culture
Principles of Integration
Avient Corporation 18
$85M
Cost
Synergies
• Barrier technology
• Functional additives
• Processing aids
• Flame retardants
• Light-weighting
additives
Complementary
Technologies
• Clariant’s approved
formulations and
certified facilities
• Legacy PolyOne’s
leading share in
distribution channels
Healthcare
Solutions
• Clariant’s position
in SE Asia,
Latin America,
Germany & Italy
• Legacy PolyOne’s
position in U.S.,
Canada and China
Regional
Strengths
• Solutions with Avient’s
engineered materials
customers
• Avient’s distribution
channels
Segment
Cross-selling
Revenue synergy opportunities of $75M
The complementary aspects of our combined businesses are unquestionable.
https://www.avient.com/sites/default/files/2023-07/Avient-2022-Sustainability-Report.pdf
NEW at Avient
In 2022, we expanded our portfolio of sustainable solutions, including:
Complet™ REC solutions provide long fiber-reinforced composites are now available in recycled
nylon and TPU formulations
Polystrand™ R continuous fiber thermoplastic composites enables lighter weight reinforcement
with recycled PET
Edgetek™ PKE NHFR formulations are polyketone grades with non-halogen flame retardants
specifically designed for electric vehicle components, including connectors
Paint replacement technologies, including Artisan™ ABS portfolio and Molded-In Color Metallic
Hydrocerol™ Chemical Foaming Agents enable reduced part weight without compromising
performance
Automotive OEM Lowers Carbon
Footprint With Avient
The Challenge
An automotive OEM was looking to increase the use of
sustainable materials for various vehicle parts in order to
make progress towards achieving their sustainability goals
and net zero emissions targets.
LEARN MORE
HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Per formance | Metrics | Index Sustainability Report | 2022 48
https://www.avient.com/industries/energy/alternative-energy
https://www.dyneema.com/our-products/dyneema-fiber/dyneema-max-technology
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles
https://www.avient.com/products/polymer-additives/processing-enhancement-additives/cesa-additives-polyolefin-films
https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-xlpe-cross-linkable-polyethylene-formulations
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-combination-colorants-additives
https://www.avient.com/company/sustainability/sustainability-report/products/markets
https://www.dyneema.com/applications/ropes-lines-slings-chains/offshore-wind-projects
Telecommunications
Market Needs: Durability, Consistency,
Design Flexibility
In this rapidly evolving industr y, the need for faster and more reliable technology is stronger than
ever.
Avient’s portfolio delivers flame retardance, low smoke and halogen options, and materials
that can withstand wide temperature variations for telecommunication applications.
5G (The 5th Generation Network)
From drinking water to air quality, sensors enabled by 5G can detect, manage and notify authorities
about possible risks.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Japan %28English and Japanese Translation%29.pdf
Seller shall not be subject to any
liability or damages for delay in performance or
non-performance as a result of fire, flood, ice,
natural catastrophe, pandemic, strike, lockout,
labor shortage, labor dispute or trouble, accident,
riot, act of governmental authority, act of God,
war, act of terrorism (including cyber-terrorism
and ransomware attacks), or other contingencies
and/or circumstances beyond its reasonable
control interfering with the production, supply,
transportation, or use of the Products or with the
supply of any raw materials used in connection
therewith, or the inability of Seller to purchase
raw materials at a commercially reasonable
price, or if performance would be contrary to, or
constitute a violation of, any regulation, law, or
12.
https://www.avient.com/sites/default/files/2022-07/Avient 2021 Sustainability Report 7-26-22.pdf
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Metrics | IndexHOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Metrics | Index
Sustainability Report | 2021 48
https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-crosslinked-polyethylene-formulations
https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-crosslinked-polyethylene-formulations
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-color-additive-concentrates
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles
https://www.avient.com/products/polymer-additives/performance-enhancement-additives/cesa-ir-additives
5G as a Sustainability Enabler
The need for better, faster and more reliable technology is stronger than ever. 5G, fiber optic cabling components and
other network supporting infrastructure have been crucial in the response and recovery.
The formulations offer improved fire safety
with low smoke, fume, corrosiveness & toxicity.
https://www.avient.com/sites/default/files/2021-09/avient2020sustainabilityreport-9-2-21.pdf
HOME | Contents | Message from the CEO | Who We Are | People | Products | Planet | Performance | Metrics | Index
Sustainability Report | 2020 47
https://www.avient.com/products/engineered-polymer-formulations/flame-retardant-formulations/syncure-crosslinked-polyethylene-formulations
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-color-additive-concentrates
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions
https://www.avient.com/products/engineered-polymer-formulations/eco-conscious-formulations/eccoh-cross-linkable-solutions
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles
https://www.avient.com/products/polymer-additives/performance-enhancement-additives/cesa-ir-additives
5G as a Sustainability Enabler
Among many learnings, the COVID-19 pandemic has highlighted the need for better, faster and more reliable
technology.
The formulations offer improved fire safety with low
smoke, fume, corrosiveness & toxicity.
https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
These specialized polymers
POLYONE CORPORATION 3
offer advantages compared to traditional materials that include processability, weight reduction,
chemical resistance, flame retardance and lower total cost.
The hazards and risks our manufacturing operations are subject to include, but are not limited to:
• explosions, fires, inclement weather and natural disasters;
• mechanical failure resulting in protracted or short duration unscheduled downtime;
• regulatory changes that affect or limit the transportation of raw materials;
• inability to obtain or maintain any required licenses or permits;
• interruptions and environmental hazards such as chemical spills, discharges or releases of
toxic or hazardous substances or gases into the environment or workplace; and
• storage tank leaks or other issues resulting from remedial activities.
https://www.avient.com/sites/default/files/resources/PolyOne%25202013%2520Annual%2520Report.pdf
These specialized polymers offer advantages compared to traditional
materials that include design freedom, processability, weight reduction, chemical resistance, flame
retardance and lower cost.
The hazards and risks our manufacturing operations are subject to include, but are not limited to:
• explosions, fires, inclement weather and natural disasters;
• mechanical failure resulting in protracted or short duration unscheduled downtime;
• regulatory changes that affect or limit the transportation of raw materials;
• inability to obtain or maintain any required licenses or permits;
• interruptions and environmental hazards such as chemical spills, discharges or releases of
toxic or hazardous substances or gases into the environment or workplace; and
• storage tank leaks or other issues resulting from remedial activities.
10 POLYONE CORPORATION
The occurrence of any of these operating problems at our facilities may have a material adverse effect
on the productivity and profitability of a particular manufacturing or distribution facility or on our
operations as a whole, during and after the period of these operating difficulties.