https://www.avient.com/sites/default/files/2023-06/Omnicolor Brochure.pdf
PROCESS COMPATIBILITY Omnicolor colorants can be used for injection molding, blow molding, and profile and sheet extrusion.
https://www.avient.com/products/polymer-additives/processing-enhancement-additives/cesa-stat-antistatic-additives
Static charges that build up on the surface of plastic products can attract dust and dirt, cause sheet and film to cling, and cause stacked products to stick together.
This static build-up can cause the resulting parts, film, or sheet to cling to one another or stick to the mold or tool.
Overview of how Avient serves wire & cable customers, highlighting both power and data cables technologies
https://www.avient.com/products/polymer-additives/foaming-agents/excelite-chemical-foaming-additives
Overview of how Avient serves wire & cable customers, highlighting both power and data cables technologies
Solid and liquid CFA solutions for sheet/profile extrusion
CFAs for WPC Sheet and Decking
https://www.avient.com/products/long-fiber-technology/complet-moisture-resistant-nylons
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https://www.avient.com/investor-center/news/polyone-announces-fourth-quarter-and-full-year-2016-results
TPE Assets,
In millions, except per share data)
Condensed Consolidated Balance Sheets
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202018.pdf
CEO, Industry Leader C O M M E R C I A L R E S O U R C E S I N N O V A T I O N S E R V I C E I N S P I R E D F U T U R E 6-8% annual increase in commercial resources 8% more sales calls annually 10% annual expansion of sales funnel, including advances in barrier additives and fiber colorants 12-15% compound annual operating income growth 16-18% operating margins PolyOne Corporation 93 M&A REVIEW J O E L R A T H B U N PolyOne Corporation 94 TPE O V E R A D E C A D E O F S U C C E S S F U L S P E C I A L T Y A C Q U I S I T I O N S PolyOne Corporation 95 PolyOne Corporation 96 Safety Technology Geography Service FinancialPeople Low EH&S risk profile New and complementary technologies Leverage our global footprint Strong customer relationships Foundational operating margins of 8-10% with ability to double Motivated team with a specialty culture I N V E S T - T O - G R O W S T R A T E G Y PolyOne Corporation 97 Capture sourcing synergies Cross-sell & blend technology 8-10% operating margins I N V E S T - T O - G R O W P L A Y B O O K Protect customers Retain employees Implement LSS to drive efficiency improvements Innovate with combined portfolio Safety First!
Leverage PolyOne’s global reach Phase 1 Phase 2 Phase 3 18-20% operating margins Invest in commercial resources I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E PolyOne Corporation 98 Commercial Resources Operating Income ($ in millions) Operating Margins 243 335 At Acquisition Today $36 $90 At Acquisition Today 11% 20% At Acquisition Today Established Acquisitions (> 7 years) + 40% + 150% + 900 bps I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E PolyOne Corporation 99 Commercial Resources Operating Income (millions) 53 109 At Acquisition Today 187 214 At Acquisition Today 3 12 At Acquisition Today $12 $45 At Acquisition Today $22 $42 At Acquisition Today $2 $4 At Acquisition Today Acquisition #1 (10 years) Acquisition #3 (7 years) Acquisition #2 (9 years) EBITDA Multiple 10.5x 3.0x At Acquisition Today 11.1x 7.6x At Acquisition Today 4.9x 2.8x At Acquisition Today 10% 23% At Acquisition Today 11% 17% At Acquisition Today 21% 30% At Acquisition Today Return on Sales I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E PolyOne Corporation 100 Commercial Resources Operating Income ($ in millions) Operating Margins 17 44 65 At Acquisition Today Goal $0 $0 $25 At Acquisition Today Goal 0% 0% 20% At Acquisition Today Goal Advanced Composites I N V E S T - T O - G R O W D R I V I N G T H E F U T U R E PolyOne Corporation 101 Commercial Resources Operating Income ($ in millions) Operating Margins 96 100 141 At Acquisition Today Goal $16 $18 $36 At Acquisition Today Goal 11% 12% 18-20% At Acquisition Today Goal Recent Color Acquisitions PolyOne Corporation 102 Average Company Size # of Possibilities Rationale 250 • Local to regional footprint • Niche technology focus • Concentrated customer base $50M–$200M 150 • Regional to global footprint • 1–3 specialty technologies • Diversified customer base >$200M 30 • Global footprint with local service • Diverse specialty technologies • Highly diversified customer & market portfolio S T R O N G P I P E L I N E D R I V E N B Y F R A G M E N T E D M A R K E T S U M M A R Y PolyOne Corporation 103 Proven track record with specialty acquisitions using invest-to-grow strategy Our approach to integration differentiates PolyOne in a competitive M&A market Trusted brand and reputation Buyer of choice Robust pipeline with a range of opportunities that fit our strategy FINANCIAL REVIEW B R A D R I C H A R D S O N PolyOne Corporation 104 PolyOne Corporation 105 A D J U S T E D E P S E X P A N S I O N 2009 2010 2011 2012 2013 2014 2015 2016* 2017* C O N S E C U T I V E Y E A R S 8 $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 $1.96 $2.06 $2.21 *Pro Forma for sale of DSS PolyOne Corporation 106 S T R A T E G I C C A S H D E P L O Y M E N T ORGANIC GROWTH Investing in R&D and capacity 11 Maintenance 40% Strategic Growth Investments 60% Capital Expenditures M&A OPPORTUNITIES Continued pursuit of strategic bolt on acquisitions that expand specialty offerings 2 SHAREHOLDER RETURN Dividends and share buybacks3 Over $400 million M&A Spending Since 2014 $809 million Share Repurchases 2011-Q1 2018 60% Increase in annual dividend over next three years 2011 2013 2015 2017 2006 2017 “Where we were” “Where we are” ROIC 5.0% 14.0% Operating Income % of Sales Color, Additives & Inks 1.7% 15.5% Specialty Engineered Materials 1.1% 12.1% Performance Products & Solutions 4.3% 10.7% Distribution 2.6% 6.3% P R O O F O F P E R F O R M A N C E E X P A N D I N G M A R G I N S & R O I C PolyOne Corporation 107 531 680130 153 504 618 2014 Q1 2018 R&D / Technical Marketing Sales I N V E S T M E N T I N COMMERCIAL RESOURCES D R I V I N G R E S U L T S PolyOne Corporation 108 Increased commercial headcount Largest organic revenue growth since recession $2.9 $2.9 $3.2 2015 2016 2017 Revenue in billions of $ + 28% + 18% + 23% Total + 10% Organic + 7% S U S T A I N A B L E P A T H T O D O U B L E - D I G I T E P S G R O W T H PolyOne Corporation 109 P E O P L E P R O D U C T S P L A N E T P E R F O R M A N C E Double digit annual EPS growth Expand specialty portfolio with strategic acquisitions Innovate and develop new technologies and services Repurchase 600K-1M shares annually Increase commercial resources 6-8% annually Double acquired company margins Enhance efficiencies through Lean Six Sigma and commercial excellence 6.3% 14.0% 15.0% 16-17% 2009 2017 Platinum Vision Updated Expectations R O I C D R I V E S S H A R E H O L D E R R E T U R N PolyOne Corporation 110 R O I C D R I V E S S H A R E H O L D E R R E T U R N 6.3% 14.0% 15.0% 16-17% 2009 2017 Platinum Vision Updated Expectations PolyOne Corporation 111 $570 $1,650 $1,750 $2,000 2009 2017 Platinum Vision Updated Expectations ROIC Invested Capital ($ in millions) Improving ROIC + Expanding Invested Capital = Outperforming the Market CONCLUSION B O B P A T T E R S O N PolyOne Corporation 112 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 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/news/keep-deep-colors-vivid-outdoor-environments-geon-bold-vinyl-solutions
These new materials are available in a range of gloss levels and use temperatures, and can be used to produce capstock for vinyl, cellular vinyl, or wood-plastic composite profiles, or solid profiles and sheet if needed.
PolyOne’s extensive experience in exterior applications combined with Geon Bold weathering data from multiple geographic regions provides customers with the necessary support and confidence during the selection process.
https://www.avient.com/products/vinyl-formulations
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https://www.avient.com/products/polymer-additives/colorants-and-additives-wire-cable/cesa-flame-retardant-additives
Suitable for injection molding, blow molding, blown and cast film, sheet extrusion, extrusion coating, and wire & cable applications
Overview of how Avient serves wire & cable customers, highlighting both power and data cables technologies
Profile and Sheet Extrusion for Rails and Kick Plates
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles
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