https://www.avient.com/sites/default/files/2025-04/MAXXAM NHFR Push Buttons Case Study Snapshot.pdf
Appliance Manufacturer
APPLIANCE
MANUFACTURER
P U S H B U T T O N S
• Non-halogen to industry standards
• Lower density
• Good impact properties
• Easy to process
• High aesthetics
• Provided a non-halogenated solution while
improving the performance of the formerly used
halogenated grade
• Supported the project with various expertise in
design, regulatory and technical support
• Helped to reduce the system cost and make our
customer more competitive in the market
Maxxam NHFR Non-Halogen Flame
Retardant Polyolefin Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/resources/Gabelli%2520Conf%2520-%2520POL%2520IR%2520Presentation%2520wNon%2520GAAP%2520Reconciliation%252003%252026%252015.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 final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated
savings and operational benefits from the asset realignment;
Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies;
Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition
being accretive;
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 financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with
inadequate liquidity) to maintain their credit availability;
The speed and extent of an economic recovery, including the recovery of the housing market;
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 in the markets 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, employee productivity goals, and an inability to raise or sustain prices for products or services;
An inability to raise or sustain prices for products or services;
An inability to maintain appropriate relations with unions and employees;
The inability to achieve expected results from our acquisition activities;
Our ability to continue to pay cash dividends;
The amount and timing of repurchases of our common shares, if any; 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
Strong performance demonstrates that our strategy and execution
are working
Megatrends and emerging opportunities align with our strengths
Innovation and services provide differentiation, incremental pricing
power, and competitive advantage
Strong and proven management team driving growth and
performance
Addressable market exceeds $40 billion
PolyOne Corporation Page 17
Appendix
PolyOne Corporation Page 18
+25%
$262
$320
$200
$275
$350
2013 2014
Adjusted Operating Income
(in millions)
+22%
2014 Financial Highlights
All of our segments delivered both
operating income and margin
expansion during the year
Our specialty businesses
achieved record levels of profits
and profitability this year
Achieved 21st consecutive
quarter, or over five years, of
strong, double-digit adjusted EPS
growth
+37%
$1.31
$1.80
$1.00
$1.50
$2.00
2013 2014
Adjusted EPS
$195
$242
$150
$200
$250
2013 2014
Specialty Operating Income
(in millions)
PolyOne Corporation Page 19
Appliances
2%
Building &
Construction
12%
Consumer
7%
Electrical &
Electronics
1%
Healthcare
6%
Industrial
14%
Packaging
31% Textiles
7%
Transportation
8%
Wire & Cable
12%
1.7%
4.6% 5.1% 5.5%
7.2% 8.1%
9.7%
12.2% 12-16%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Operating Income % of Sales
At a Glance
Global Color, Additives and Inks
2014 Revenues: $0.9 Billion Solutions
Expanding Profits 2014 Revenue by Industry Segment
14.7%
Target
United States
44%
Europe
36%
Canada
2%
Asia
12%
Latin America
6%
PolyOne Corporation Page 20
Appliances
4% Building &
Construction
3%
Consumer
18%
Electrical &
Electronics
16%
Healthcare
12%
Industrial
8%
Packaging
5%
Transportation
20%
Wire & Cable
12%
At a Glance
Global Specialty Engineered Materials
2014 Revenues: $0.6 Billion Solutions
2014 Revenue by Industry Segment Expanding Profits
1.1% 1.3%
3.4%
5.1%
9.6%
8.0%
8.6%
9.3%
12-16%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Operating Income % of Sales
Target
12.1%
United States
44%
Europe
33%
Canada
2%
Asia
19%
Latin America
2%
PolyOne Corporation Page 21
Appliances
2% Building &
Construction
8%
Consumer
5%
Healthcare
6%
Industrial
23%
Packaging
27%
Transportation
30%
United States
96%
Canada
4%
At a Glance
Designed Structures and Solutions
Solutions 2014 Revenues: $0.6 Billion
Expanding Profits 2014 Revenue by Industry Segment
1.4%
5.6%
7.3%
8-10%
2012 2013 2014 2015
Operating Income % of Sales
Target
PolyOne Corporation Page 22
Appliances
8%
Building &
Construction
33%
Consumer
5% Electrical &
Electronics
3%
Healthcare
1%
Industrial
11%
Packaging
5%
Transportation
18%
Wire & Cable
16%
5.5%
6.9%
3.8% 3.6%
5.5%
4.3%
6.3%
7.2%
2006 2007 2008 2009 2010 2011 2012 2013 2014
Operating Income % of Sales
At a Glance
Performance Products and Solutions
Solutions
Expanding Profits
2014 Revenues: $0.8 Billion
9-12%
Target
2014 Revenue by Industry Segment
2015
7.7%
United States
80%
Canada
14%
Asia
2%
Latin America
4%
PolyOne Corporation Page 23
Appliances
6%
Building &
Construction
5%
Consumer
13%
Electrical &
Electronics
6%
Healthcare
23%
Industrial
15%
Packaging
4%
Transportation
25%
Wire & Cable
3%
2.6%
3.0%
3.5%
4.0%
4.6%
5.6%
6.4% 5.9%
6 - 7.5%
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Operating Income % of Sales
15%
52%
2006 2014
At a Glance
Distribution
*ROIC is defined as TTM adjusted OI divided by the sum of average
debt and equity over a 5 quarter period
Key Suppliers 2014 Revenues: $1.1 Billion
ROIC* Expanding Profits
6.1%
Target
http://www.avient.com/Pages/VariationRoot.aspx
PolyOne Corporation Page 24
2 lbs Plastic
=
3 lbs aluminum
or
8 lbs steel
or
27 lbs glass
33% less material by weight
than aluminum
75% less material by weight
than steel
93% less material by weight
than glass
Requires 91% less energy to
recycle a pound of plastic versus
a pound of paper
Source: SPI: Sustainability and the Plastics Industry
Plastics: Key to Future Sustainable Development
PolyOne Corporation Page 25
Commitment to Operational Excellence
81%
93%
2006 2014
16.2%
9.9%
2006 2014
On-Time Delivery
Working Capital % of Sales
5%
43%
2006 2014
Percent of Associates Trained in LSS
Four consecutive years – CFO Magazine
Best Working Capital Management in the
chemical industry
World’s Best Business
Process Excellence
Program in 2012*
103 trained Black Belts
247 trained Green Belts
127 trained Kaizen Leaders
World’s Best Start-up
Program for Lean Six Sigma
Deployment in 2009*
*Both awards received from International Quality and Productivity Center
PolyOne Corporation Page 26
Prototype Frame
Opportunity
Scale-up &
Test Market
Build
Business Case
Commercial
Launch
Phase
1
Phase
2
Phase
3
Phase
4
Phase
5
4
11
5
10
6
9
3 4 2
15
9
1
10
4
Breakthrough
Platform
Derivative
A Rich Pipeline of Opportunity
Number of Projects 25 14 19 17 18 93
Addressable Market
($ millions)
TBD TBD $800 $450 $450 $1,700
PolyOne Corporation Page 27
Application Examples
PolyOne Corporation Page 28
$1.5 billion attractive, growing market
Additives improve performance and reduce cost
through light-weighting, reduced waste, faster
cycle times, and extended shelf life of finished
product
Aligned with megatrend of protecting the
environment:
Sustainability benefits include lower
package weight and improved recyclability
of package at end of use
Market Opportunity
Leading Global Supplier of Additives In Fast Growing PET Market
Shelf-life extension
Greater product
consistency
Recyclability and
reduced carbon
footprint
Color and Special
Effects
Weight reduction
Enhanced product
aesthetics
High heat resistance
4% 4%
8%
9% 9%
10%
11%
14%
Western
Europe
North
America
South
America
MEA Easter
Europe
Asia
Pacific
China India
PET 2008-13P CAGR
PET Bottling Technology
PolyOne Corporation Page 29
• Includes formulation and
consultative services to assist
manufacturers and brand owners in
positively identifying their finished
goods
• Protects brand equity & consumer
welfare
• Reduces exposure to unwarranted
recall expenses
• Secures supply chain integrity –
support for safe expansion into new
geographies
Authentication Technology
PolyOne Corporation Page 30
• Color harmonization across
15 unique color-and-polymer
combinations
• Eliminated need for multiple pre-
colored materials
• Reduced Land Rover’s working
capital
Range Rover Evoque Interior
PolyOne Corporation Page 31
• Reduced health and
environmental impact
• System cost reduction
• Radiation-shielding
performance
• Parts consolidation
• Design freedom
CT Scanner
PolyOne Corporation Page 32
Metal Replacement Solutions
• Replaces metal in LED lighting
• Extends LED durability and life
span eliminating hot spots
• Greater design flexibility with
fewer parts
• Weight reduction
• Simplifies manufacturing and
lowers total production cost
PolyOne Corporation Page 33
Next Generation Solar Charger
• Ginkgo Solar Tree charger utilizing our
unique reSound™ material
• reSound™ is a durable material
consisting of 50% bio-derived plastic
and 50% traditional petroleum-based
plastic
• Use of reSound™ reduced the carbon
footprint for this product by 35%
• reSound™ Is classified as a PolyOne
Sustainable SolutionSM PolyOne Sustainable
SolutionSM
PolyOne Corporation Page 34
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
organoleptic properties
PolyOne Corporation Page 35
Aerospace Applications
• Leading provider of specialty materials
for the aerospace industry
• Typical applications
Mil-spec aircraft windows, canopies,
windscreens, instrument panels,
wingtip lenses
Interior – gallery furnishings, tray
tables, arm rests, trim strips, joint/edge
coverings
• Benefits:
High impact strength
Resistant to UV rays
Flame and smoke compliance
Easy to clean with aggressive cleaners;
anti-microbial grades available
Range of sizes, thicknesses, colors, etc.
1
Schedule I
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented
in accordance with U.S.
https://www.avient.com/sites/default/files/2021-03/avient-antitrust-2021-update-english.pdf
Pricing below cost is evidence of predatory conduct
and can also be actionable under specific state
laws.
In addition, you should consult the Avient Legal
Department before pricing products at or below
variable cost.
In general, it is Avient’s policy to
belong to trade and standards associations only when
such groups contribute significant benefits to justify
the time and cost of membership or support.
18.
https://www.avient.com/sites/default/files/2024-09/Terms and Conditions of Sale for Poland.pdf
In no event shall Seller be liable
for any damages and/or costs due to delay in delivery.
Except to the extent solely attributable to the
gross negligence or willful misconduct of Seller, Buyer
will indemnify, defend and hold Seller harmless from all
costs, expenses, damages, judgments or other loss,
including without limitation costs of investigation,
litigation and reasonable attorney’s fees (“Buyer
Indemnity Costs”), arising out of Buyer’s selection, use,
sale or further processing of the Product or Buyer’s
product made therefrom.
Buyer shall indemnify,
defend and save Seller harmless against any and all
liability for Buyer Indemnity Costs arising out of or in any
way connected with Buyer’s failure to disseminate such
information.
https://www.avient.com/sites/default/files/2022-03/Trilliant HC Conductive Pipette Tips Application Snapshot.pdf
L E A D I N G B I OT E C H
M A N U FAC T U R E R
C O N D U C T I V E P I P E T T E T I P S
• Accuracy of liquid measurements
• Hydrophobic properties to minimize fluid retention
• Concentric dimensional stability and warp resistance
• High flow properties for multi-cavity molds
• Offered consistent electrical conductivity to
achieve repeatable part performance and
minimize failures from inconsistent
conductivity
• Provided high flow grade with easy
processing to improve efficiency and cost
effectiveness
• Achieved high stiffness and warp
resistance, minimizing the rejection rate
Trilliant™ HC Conductive Formulation
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2023-06/Gordon Composites Diving Board Spring Case Study Snapshot.pdf
DIVING BOARD SPRING
D I V I N G B O A R D S P R I N G
P O O L D E C K E Q U I P M E N T
M A N U FA C T U R E R
• Non-corrosive alternative to steel springs to prevent rust,
degradation and staining of pool decks
• Flexible and durable to prolong product life
• Provided a corrosion-proof composite
material to prevent rust stains on pool decks
• Delivered a custom-shaped compression
molded spring capable of deep deflection
and high fatigue resistance for extended
product life
• Reduced weight by 75% compared to steel,
resulting in lower shipping and installation
costs
Gordon Composites™ Molded Unidirectional
Thermoset Barstock
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/case-study-one-pager-custom-pa-grade-heat-shield-component.pdf
AUTOMOTIVE OEM
H E A T S H I E L D C O M P O N E N T F O R
L E D H E A D L A M P
• The material needed to solve a hot spot issue
• A PA based grade
• High thermal conductivity - 20 W/mK
• Electrically conductive
• Improved the parts long-term outdoor
performance
• Improved processability compared to high
temperature plastics, reducing tooling costs
• Reduced part weight by 37% than the previous
metal part, providing the customer with a more
economical solution
Customized PA based grade
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/2023-01/ECCOH XL 8148 - Photovoltaic Cable - Application Snapshot.pdf
Name of topic
CABLE
PRODUCER
P H O T O V O L T A I C C A B L E
• Simplified supply chain and inventory by providing one
solution for both insulation and jacket coating
• Provided a material that gave cable a good surface finish
and improved cable life time value (passed Arrhenius life
time prediction as per IEC 60216-1 in internal lab test)
• Reduced catalyst dosage resulting in lower material cost
• Improved customer processing speeds
• Enabled flame retardant performance to EN 50618 and
IEC 60332-1 standards on complete cable
ECCOH™ XL 8148 + ECCOH XL CAT 005
Formulations
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-10/case-study-one-pager-trilliant-xr-xray-glasses.pdf
M E D I C A L E Q U I P M E N T
M A N U FA C T U R E R
S U R G I C A L X - R A Y G L A S S E S
• Replace lead while providing uniform shielding
performance
• Radiation shielding up to 140KeV
• Improve glasses design
• Compliance with Radiation Protection Regulation: Adult
eye exposure must be below 20 mSv per calendar year
• Conducted extensive testing to ensure comparable and
uniform shielding performance
• Improved geometric flexibility
• Lowered shielding component costs 30-50% by
eliminating machining and assembly steps (associated
with lead)
• Reduced weight of the glasses and enabled a more
ergonomic design
• Eliminated disposal concerns associated with lead
Trilliant™ XR Lead Replacement
Thermoplastics
KEY REQUIREMENTS
WHY AVIENT?
https://www.avient.com/sites/default/files/2020-07/trilliant-xr-ct-and-mri-scanners.pdf
Trilliant XR - CT and MRI Scanners
M E D I C A L D E V I C E
M A N U FAC T U R E R
M R I A N D C T S C A N N E R S
• Uniform shielding with no “hot spots”
• X-ray shielding up to 140 KeV
• Meet European Union’s Restriction of Hazardous
Substances (RoHS) future compliance requirements
• Provided a lead alternative solution that
delivered improved geometric flexibility for
more uniform radiation shielding
• Lowered shielding component costs 30-50%
by eliminating machining and assembly steps
Trilliant™ XR Lead Replacement
Thermoplastics
KEY REQUIREMENTS WHY AVIENT?