TRA Plan Documents TRA-Plan Summary 2016 Our Businesses

Discussion of long-term and short-term strategy or plan to manage Scope 1 emissions, emissions reduction targets, and an analysis of performance against those targets Through continuous collaboration with local communities, we manage the risks and opportunities associated in the areas where we conduct business. We continuously monitor similar global emerging regulations and the impact to our product portfolio. 

We continue to execute very well against a backdrop of macroeconomic challenges. Business Segment Operations (Unaudited) Net income from continuing operations – GAAP

Home // Company // Our Businesses At Avient, our business is structured to provide your operations with the specialized polymer materials, services and solutions you need. Our Businesses

Progress toward this goal is measured at the Business Unit and regional levels, and progress toward zero recordable injuries is communicated globally and linked to a number of recognition mechanisms. As Avient is focused on its ultimate goal of zero recordable injuries and our ongoing desire to integrate safety into all aspects of our operations, we track annual reduction goals measured at the business unit and regional levels. Sustainability performance metrics are included in all salaried associates’ Annual Incentive Plan, including management.

Continuing operations Loss on sale of business, net of tax Business acquisitions, net of cash acquired

Patterson continued.  Business acquisitions, net of cash acquired Business Segment Operations (Unaudited)

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.  They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe" and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. We cannot guarantee that any forward-looking statement will be realized, although we believe we have been prudent in our plans and assumptions.

With Avient, I have found a leader aligned with our sustainability values to take us to the next level and truly globalize the business. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include our ability to identify and evaluate acquisition targets and consummate acquisitions; the ability to successfully integrate acquired businesses into our operations, such as Magna Colours, retain the management teams of acquired businesses, and retain relationships with customers of acquired businesses; our ability to achieve the strategic and other objectives relating to the acquisition of Clariant's Masterbatch business, including any expected synergies; 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 effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; 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 the anticipated financial benefit from initiatives related to acquisition and integration working capital reductions, cost reductions and employee productivity goals; information systems failures and cyberattacks; and amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions.

New continuous reinforced thermoplastic composite capability establishes PolyOne at the forefront of “next generation” composite solutions The second acquired business, Polystrand, operates on the leading edge of continuous reinforced thermoplastic composite technology, a next generation material science that delivers the high strength and lightweight characteristics of composites, further enhanced with the design flexibility to form more complex shapes. The purchase price for both businesses was $85.5 million.