Announced agreement to divest Performance Products and Solutions (PP&S) to streamline portfolio, improve specialty mix, and enable investments to accelerate growth NYSE: POL) today reported its third quarter results for 2019, which reflect PP&S as a discontinued operation. The divestment of PP&S is expected to close soon, which will reduce our exposure to more cyclical end markets and strengthen our balance sheet. 

With this acquisition and the recent divestiture of our Performance Products & Solutions (PP&S) segment, we now expect over 85% of pro forma adjusted EBITDA to be generated from specialty applications," said Mr. intends to finance this transaction through a combination of cash on hand, including capital generated from the recent divestiture of its PP&S segment, and proceeds from the issuance of senior unsecured notes and approximately

These actions will include aligning assets that were acquired as part of the 2013 acquisition of Spartech with PolyOne’s Performance Products and Solutions (PP&S) segment. These assets are primarily located in Ramos, Mexico and will now operate within Producer Services, a business unit of PP&S, which has headquarters in Seabrook, Texas.

PIPE & FITTINGS MANUFACTURER W A T E R / F L U I D D I S T R I B U T I O N • Suitable for PP-R and PP-RCT • Specific color targets for external and inner layers • Improved resistance to chlorine for the inner layer • Food contact approval for the inner layer • Batch-to-batch consistency • Matched color references in concentrates suitable for PP-R and PP-RCT • Developed custom colorant/antioxidant combination masterbatch with high resistance to chlorine and food contact approval for the inner layer • Ensured batch-to-batch consistency for sustained performance Color concentrates and color/antioxidant combination masterbatch KEY REQUIREMENTS WHY AVIENT?

TURQUESA PP S/A PP FR 8-6 LMS-1000

in 2013 as president of Performance Products & Solutions (PP&S), a position he held until his appointment to Chief Commercial Officer in 2016.

Patterson added, "Performance Products & Solutions (PP&S) achieved another exceptional quarter, driven by continued mix improvement resulting in a new segment operating margin record of 12.3%.  Underlying organic sales growth plus the addition of Magenta's fiber colorant business and Kraton's TPE business was more than offset by lower year-over-year selling prices in Distribution, PP&S, and Designed Structures and Solutions (DSS), due to lower hydro-carbon based raw material costs.

AT 20-19 1 Avis Technique – Tri Détectabilité et tri de la solution colorante AVIENT CORPORATION / CESA® IR PP 94000725 dans les centres de tri D E S C R IP TI O N D E L A D E M A N D E GENERALITES Demandeur Avient Corporation Date de la demande 2020 Référence de la solution colorante CESA® IR PP 94000725 Limite max de concentration de la solution colorante 4% DESCRIPTION DE LA SOLUTION COLORANTE Couleur Noire Solution colorante adaptée pour : Emballages rigides en PP OBJET DE LA DEMANDE Etude de la détectabilité dans les centres de tri français de la solution colorante noire CESA® IR PP 94000725 proposée par Avient Corporation et utilisée pour colorer des emballages rigides en PP. La solution colorante noire CESA® IR PP 94000725 de Avient Corporation utilisée pour colorer des emballages rigides en PP est une alternative aux solutions colorantes non détectables. En effet, les emballages rigides en PP intégrant 4% de solution colorante noire CESA® IR PP 94000725 sont détectés et orientés vers le flux PP avec les mêmes performances (qualité, taux de captage) que les autres emballages rigides ménagers en PP.

Additives and Colorants for PP-R and PP-RCT Pipe Systems Polypropylene-random grades (PP-R and PP- RCT) are increasingly used for hot and cold water supply pipe systems in civil and public buildings. ANTIOXIDANTS FOR METAL/PP-R AND PP-RCT SYSTEMS Plastic systems in contact with metal inserts can also be subject to oxidization. Avient offers antioxidants that act as metal deactivator for PP-R and PP-RCT components fitted with metal inserts.

AT 20-20 1 Avis Technique – Tri Détectabilité et tri de la solution colorante AVIENT CORPORATION / CESA® IR PP 94000721dans les centres de tri D E S C R IP TI O N D E L A D E M A N D E GENERALITES Demandeur Avient Corporation Date de la demande 2020 Référence de la solution colorante CESA® IR PP 94000721 Limite max de concentration de la solution colorante 4% DESCRIPTION DE LA SOLUTION COLORANTE Couleur Noire Solution colorante adaptée pour : Emballages rigides en PP OBJET DE LA DEMANDE Etude de la détectabilité dans les centres de tri français de la solution colorante noire CESA® IR PP 94000721proposée par Avient Corporation et utilisée pour colorer des emballages rigides en PP. La solution colorante noire CESA® IR PP 94000721 de Avient Corporation utilisée pour colorer des emballages rigides en PP est une alternative aux solutions colorantes non détectables. En effet, les emballages rigides en PP intégrant 4% de solution colorante noire CESA® IR PP 94000721 sont détectés et orientés vers le flux PP avec les mêmes performances (qualité, taux de captage) que les autres emballages rigides ménagers en PP.