As previously announced, we intend to use the net proceeds from the Distribution sale to pay down near-term maturing debt." Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.

This innovative solution effectively shields dairy products from the harmful effects of visible and LED light, ensuring that the nutritional content, taste, and appearance of liquid dairy products are maintained for up to 3 months. Mid-range light protection solution Blocks 80-98% of visible light

Proceeds from the sale have been used to fund the recent acquisitions of They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. View original content:http://www.prnewswire.com/news-releases/polyone-completes-sale-of-designed-structures-and-solutions-300490894.html

Homepage // News Center // Switching to PolyOne Conductive Polymer Triples Lifetime of LED Pool Lighting LED lights are much more efficient than incandescent bulbs at transforming electrical power into light, but still generate considerable heat. The diodes that produce light in LEDs are sensitive to high temperatures.

Nikrant Page 67 United States 36% Europe 36% Canada 2% Asia 20% Latin America 2011 Revenue: $0.6 Billion2011 Revenue: $0.6 Billion SolutionsSolutions At a Glance Global Specialty Engineered Materials Appliance 6% Building & Construction 3% Wire & Cable 14% Electrical & Electronics 14%Consumer 21% Packaging 5% Industrial 8% Misc. 3% HealthCare 5% Transportation 21% America 6% 2011 Revenue by Industry Segment2011 Revenue by Industry Segment 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 12-16% 2006 2007 2008 2009 2010 2011 2015 Operating Income % of Sales Target Expanding ProfitsExpanding Profits Page 68 Value Proposition • GSEM is a global leader providing complete specialty solutions encompassing innovative technologies and services to enable customer success Transformation Highlights • Dramatic turnaround of the Engineered Materials business through mix improvement and specialty focus Value Proposition and Transformation Highlights Global Specialty Engineered Materials improvement and specialty focus • GLS acquisition successfully integrated, having more than doubled earnings in 3 years • PolyOne culture and strategy now engrained worldwide • Expansion into healthcare with dedicated resources > $15B Addressable Market Page 69 • Polymer design, formulation and service expertise • Broad, global technology base and regional centers of excellence • Ten innovation centers around the world Key Differentiators Global Specialty Engineered Materials • Ten innovation centers around the world • Specialty brand leadership with PolyOne, GLS, NEU and ECCOH • Ability to leverage global key account team Page 70 From Volume Commodity-driven product portfolio To Value Specialty technology and solutions EM North America Transformation Volume Sales Gross Margin $ Mix Transformation – Executing the Strategy Global Specialty Engineered Materials 2006 2011 2006 2011 2006 2011 Page 71 $12 $29 Operating Income ($ in millions) • Provided access to new customers in specialized, high-growth markets such as healthcare and consumer • Strategic partner to many of the world’s best-known companies GLS Integration Success 16.9% 8.2% 2007 2011 2007 2011 Working Capital % of Sales • Complementary global footprint provided additional cross-selling opportunities • Opportunity to expand margins and drive working capital improvement while remaining customer-focused Page 72 $1.3 $27.6 2006 2011 Healthcare Revenue • Investment in dedicated healthcare team to drive penetration and growth • Leverage product portfolio globally & win specialty business Areas of Focus Global Specialty Engineered Materials $10.5 $117.9 2006 2011 Consumer Revenue 2006 2011globally & win specialty business in targeted markets • Aggressively commercialize specialty innovation platforms • Utilize our innovation centers to influence OEM design (Revenue in $ millions) Page 73 • Carbon Nanotube Formulations � Applications: Semiconductor equipment, hard drives � Customer benefits: Scrap cost reduction and clean conductivity • Thermally Conductive Solutions Applications: Sockets and bulb holders for LED lighting Key Innovations Global Specialty Engineered Materials � Applications: Sockets and bulb holders for LED lighting � Customer benefits: Cost reduction, energy saving, and design flexibility • FDA-Regulated TPEs � Applications: Food packaging seals, intravenous delivery systems, medical stoppers, prefilled syringes � Customer benefits: Clean and safe elastomers for highly regulated applications Page 74 Critical Imperatives and 2015 Goal Global Specialty Engineered Materials Critical Imperatives • Commercialize critical new technology platforms • Manage the mix as we continue to drive the transformation • Global translation of commercial successes 2015 Goal • 12 - 16% return on sales Page 75 Page 76

at the time the sale is completed. With sales of approximately served as financial advisor and led the sale process for PolyOne. 

has also announced that it plans to explore sale options for its Avient Distribution business. Estimated sales and EBITDA for the Dyneema business in 2022 are approximately Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce

An automotive aftermarket LED light on display at the PolyOne VDI stand provides a good example.

based on the strength of their proposal, which values the business at approximately 10x LTM EBITDA and includes no financing contingencies. from the sale will be used to pay down near-term maturing debt. Light-weighting solutions that replace heavier traditional materials like metal, glass and wood, which can improve fuel efficiency in all modes of transportation and reduce

Home // Knowledge Base // How to Perfect Thermal Management in LED Lighting Applications For this and other reasons, LED usage in vehicles is growing rapidly – the LED lighting market is expected to reach almost $94 billion by 2020¹. ¹McKinsey & Company, Lighting the Way: Perspectives on the global lighting market, 2012