https://www.avient.com/sites/default/files/2024-10/ECCOH_ LSFOH 5806 Formulation - Power Cable Jacket - Application Snapshot.pdf
CABLE MANUFACTURER C A B L E J A C K E T • Operating temperature from -40°C to 70°C • High gel resistance • Low shrinkage • Strippable for easy installation • Good flame retardancy • Developed a formulation with oil resistance as per the NEK 606 technical specification • Allowed our customer to use the same cable design in various climates due to its wide operating temperature range • Provided expertise to improve manufacturing efficiencies, helping the customer achieve higher processing speeds ECCOH LSFOH 5806 Formulation KEY REQUIREMENTS WHY AVIENT?
AVIENT SOLUTION HIGH CHEMICAL RESISTANCE LEARN MORE © 2024 Avient Corporation, All Rights Reserved https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-low-smoke-and-fume-non-halogen-formulations Cable manufacturer
https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Presentation%2520Longbow%2520Basic%2520Materials%2520Conference%2520-%2520March%25202016.pdf
The non-GAAP financial measures include: adjusted EPS, earnings before interest, tax, depreciation and amortization (EBITDA), adjusted EBITDA, net debt, Specialty platform operating income, Specialty platform gross margin percentage, adjusted operating income, return on invested capital, net debt/ EBITDA, and the exclusion of corporate charges in certain calculations. PolyOne’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources.
PolyOne Corporation Page 4 PolyOne Commodity to Specialty Transformation • Volume driven, commodity producer • Heavily tied to cyclical end markets • Performance largely dependent on non- controlling joint ventures 2000-2005 2006 - 2009 2010 – 2015 2016 and beyond • Steve Newlin appointed, Chairman, President and CEO • New leadership team appointed • Implementation of four pillar strategy • Focus on value based selling, investment in commercial resources and innovation to drive transformation • Substantial EPS growth from $0.13 to all-time high of $1.96 • Shift to faster growing, high margin, less cyclical end markets • Key acquisitions propel current and future growth, as well as margin expansion • Specialty mix expands to 65% of Operating Income – strongest mix of earnings in history • Deliver consistent double digit annual EPS growth • Maintain >35% vitality index • Pursue strategic acquisitions that expand specialty offerings and geographic breadth • Invest and grow current and next generation talent PolyOne Corporation Page 5 25 Consecutive Quarters of EPS Growth Note: 2009 has not been restated for subsequent changes in accounting principles or discontinued operations -$0.10 $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 2009 2010 2011 2012 2013 2014 2015 Adjusted Earnings Per Share -2% 0% 2% 4% 6% 8% 10% 12% 2009 2010 2011 2012 2013 2014 2015 Adjusted Consolidated Operating Margin 2.8% 5.2% 5.6% 6.7% 8.3% 6.9% 9.5% PolyOne Corporation Page 6 2015 Revenues: $3.4 Billion End Markets 2015 Revenues: $3.4 Billion PolyOne At A Glance $0.12 $0.27 $0.21 $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Adjusted EPS United States 66% Europe 13% Canada 7% Asia 7% Latin America 7% Appliances 4% Building & Construction 12% Consumer 10%Electrical & Electronics 5% Healthcare 11% Industrial 14% Packaging 13% Textiles 2% Transportation 20% Wire & Cable 9% Distribution 29% PP&S 20% Specialty 51% $1.96 PolyOne Corporation Page 7 Old PolyOne *Operating Income excludes corporate charges and special items 2% 43% 65% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2020 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty 80%+ Specialty OI $5M $87M $229M Mix Shift Highlights Specialty Transformation Transformation 2020 Platinum Vision Platinum Vision PolyOne Corporation Page 8 Color and Engineered Materials at the Heart of Specialty Transformation OPERATING MARGIN 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 14.7% 16.7% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Platinum Vision COLOR, ADDITIVES AND INKS 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12.1% 14.7% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Platinum Vision SPECIALTY ENGINEERED MATERIALS PolyOne Corporation Page 9 2006 2015 2020 “Where we were” “Where we are” Platinum Vision 1) Operating Income % Specialty: Color, Additives & Inks 1.7% 16.7% 20%+ Specialty Engineered Materials 1.1% 14.7% 20%+ Designed Structures & Solutions 1.4% (2012) 3.0% 12 – 14% Performance Products & Solutions 5.5% 8.3% 10 – 12% Distribution 2.6% 6.6% 6.5 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 65% 80%+ 3) ROIC* 5.0% 11.8% 15% 4) Adjusted EPS Growth N/A 25 Consecutive Quarters of YOY EPS Growth Double Digit Expansion Proof of Performance & 2020 Goals *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period PolyOne Corporation Page 10 Therma-Tech™ & Sheet GEON™ Vinyl Polymer Colorants Therma-Tech™ TPE’s & Film TPE + OnForce™ Gravi-Tech™ Page 10 Film Target End Markets… Healthcare PolyOne Corporation Page 11 TPE + OnForce (SEM) OnForce (SEM) Glasforms (SEM) TPE Vibration Dampening (SEM/GLS) TPE & Film (SEM + DSS) Glasforms (SEM) Polymer Colorants (CAI) Thermatech (SEM) Thermoplastic Elastomers (SEM) TPE + OnForce (SEM) OnForce (SEM) Thermoplastic Elastomers (SEM) Glasforms (SEM) Polymer Colorants (CAI) Sheet (DSS) Source: Outdoor Industry Association Target End Markets… Outdoor High Performance PolyOne Corporation Page 12 Sound & Vibration Management Fuel Handling Systems Interior & Exterior Trim Structural Braces & Brackets Interior Structural Components Lighting Air management Electronics & Cameras Fluid Handling Target End Markets… Automotive Underhood Components Roof Systems PolyOne Corporation Page 13 Target End Markets… Packaging PreservaPak™ OnColor™ Smart Batch™ VersaFlex™ TPE Cap Liner ColorMatrix™ Amosorb™ Oxygen Scavenger ColorMatrix™ Ultimate™ UV Light Barrier OnCap™ Laser Marking Additives PolyOne Corporation Page 14 Innovation Drives Earnings Growth *Specialty Platform revenue from products introduced in last five years $20 $53 2006 2015 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* 14% 28% 2006 2015 Specialty Platform Gross Margin 12% 43% 2006 2015 Target ≥ 35% Innovation Pipeline Potential PolyOne Corporation Page 15 2,883 2,414 2006 2015 Volume (lbs in millions) -16% $103 $192 2006 2015 Commercial, R&D and Marketing Spending ($M) +86% $303 $721 2006 2015 Adjusted Gross Margin ($M) +138% Investing to Drive Growth Ours Is Not a Cost Cutting Story PolyOne Corporation Page 16 Design and Service as a Differentiator Right Material & Color Desired Product Design Appropriate Manufacturing Process Delivering Concept to Commercialization Connecting the Dots with iQ Design Labs and InVisiO Color Design PolyOne Corporation Page 17 Customer First Through World-Class Service Strengthening relationships through: Providing LSS services to small/medium sized customers Providing training in Customer Centric Selling Skills with customers World’s Best Business Process Excellence Program in 2012* World’s Best Start-up program for Lean Six Sigma Deployment in 2009* 81% 93% 2006 2015 16.2% 9.7% 2006 2015 On-Time Delivery Working Capital % of Sales 52% of associates trained in LSS Five consecutive years – CFO Magazine Best Working Capital Management in the chemical industry Commitment to Operational Excellence PolyOne Corporation Page 18 60% 97% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 Q4 2015 Pension Funding** As of December 31, 2015 Debt Maturities & Pension Funding Net Debt / Adjusted EBITDA*= 2.1x ** includes US-qualified pension plans only *TTM 12/31/2015 $550 $600 $200 $300 $400 $500 $600 $700 $800 2022 2023 Debt Maturities As of December 31, 2015 ($ millions) Coupon Rate: 3.750% 5.250% PolyOne Corporation Page 19 Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return Expanding our sales, marketing, and technical capabilities Investing in operational and LSS initiatives ~75% of capital expenditures fund growth initiatives Organic Growth Acquisitions Share Repurchases Dividends $0.16 $0.20 $0.32 $0.40 $0.48 $0.10 $0.20 $0.30 $0.40 $0.50 2011 2012 2013 2014 2015 2016 Annual Dividend Targets that expand our: • Specialty offerings • End market presence • Geographic breadth Synergy opportunities Adjacent material solutions Repurchased nearly 1.0 million shares in Q4 2015 Repurchased 15.8 million shares since early 2013 4.2 million shares are available for repurchase under the current authorization $0.24 PolyOne Corporation Page 20 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
POL IR Presentation - February 2016 2.26.2016 ��PolyOne Investor Presentation�March 2016�� Forward-Looking Statements Use of Non-GAAP Measures PolyOne Commodity to Specialty Transformation 25 Consecutive Quarters of EPS Growth PolyOne�At A Glance Mix Shift Highlights Specialty Transformation Color and Engineered Materials at the�Heart of Specialty Transformation Proof of Performance & 2020 Goals Slide Number 10 Slide Number 11 Slide Number 12 Slide Number 13 Innovation Drives Earnings Growth Investing to Drive Growth Design and Service as a Differentiator Customer First Through World-Class Service Debt Maturities & Pension Funding Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2023-08/Gravi-Tech Formulations - Hearing Protection Headset - Case Study Snapshot.pdf
Gravi-Tech™ Density Modified Formulations KEY REQUIREMENTS WHY AVIENT?
AVIENT SOLUTION CHEMICAL RESISTANCE + LIGHTWEIGHTING LEARN MORE © 2023, Avient Corporation, All Rights Reserved. https://www.avient.com/products/engineered-polymer-formulations/general-engineered-formulations/gravi-tech-density-modified-formulations Safety Equipment manufacturer
https://www.avient.com/sites/default/files/2024-10/ECCOH_ LSFOH 5983 Formulation - Power Cable Jacket - Application Snapshot.pdf
CABLE MANUFACTURER J A C K E T F O R P O W E R C A B L E • High tear resistance > 11 N/mm • High environmental stress cracking resistance (ESCR) • Cost efficient solution • Hot pressure resistance above 80°C • Provided a jacket solution that complies with LTS1 requirements as per the BS 7655-6.1 standard • Enabled use in over-armored cables operating at a maximum conductor temperature of 90°C • Supported our customer in optimizing the processing of the new material ECCOH LSFOH 5983 Formulation KEY REQUIREMENTS WHY AVIENT?
AVIENT SOLUTION HIGH ESCR + TEAR RESISTANCE LEARN MORE © 2024 Avient Corporation, All Rights Reserved https://www.avient.com/products/engineered-polymer-formulations/sustainable-formulations/eccoh-low-smoke-and-fume-non-halogen-formulations Cable manufacturer
https://www.avient.com/center-of-excellence/avient-latin-america
Looking for a host of innovative polymer solutions that help you differentiate your products and gain competitive advantages?
Our facilities combine world-class formulation expertise with a robust technology portfolio to help our customers in Latin America grow and enhance their bottom line.
If you’re looking for polymer options that can replace metal for reduced weight and paint elimination, look no further.
https://www.avient.com/news/polyone-expands-its-reach-advanced-composite-materials-jec-world-2019
Also taking center stage is an expanded portfolio of long fiber thermoplastic materials, including PlastiComp Complēt™ LFT formulations.
PlastiComp Complēt™ long fiber reinforced thermoplastic composite formulations
PolyOne Corporation, with 2018 revenues of $3.5 billion, is a premier provider of specialized polymer materials, services and solutions.
https://www.avient.com/resource-center/knowledge-base/article/material-solutions-expanding-ev-charging-infrastructure?sust%5B0%5D=1135
Available in both halogen and non-halogen formulations, they can be combined with colors, including over 2,000 OnColor™ UL 94 Colorants, eliminating extra UL listing approval steps.
Antimicrobial and antifungal additives can protect the user interfaces and touchpoints from mold, mildew, and bacteria, while antistatic and conductive formulations can prevent static discharge and create safer, statically dissipated plastic parts.
These types of additives can help the polymer surface withstand extreme temperatures, wind, sunlight, exposure to chemical cleaning products, or surface damage from excessive handling.
https://www.avient.com/resource-center/knowledge-base/article/material-solutions-expanding-ev-charging-infrastructure?sust%5B0%5D=1136
Available in both halogen and non-halogen formulations, they can be combined with colors, including over 2,000 OnColor™ UL 94 Colorants, eliminating extra UL listing approval steps.
Antimicrobial and antifungal additives can protect the user interfaces and touchpoints from mold, mildew, and bacteria, while antistatic and conductive formulations can prevent static discharge and create safer, statically dissipated plastic parts.
These types of additives can help the polymer surface withstand extreme temperatures, wind, sunlight, exposure to chemical cleaning products, or surface damage from excessive handling.
https://www.avient.com/resource-center/knowledge-base/article/material-solutions-expanding-ev-charging-infrastructure
Available in both halogen and non-halogen formulations, they can be combined with colors, including over 2,000 OnColor™ UL 94 Colorants, eliminating extra UL listing approval steps.
Antimicrobial and antifungal additives can protect the user interfaces and touchpoints from mold, mildew, and bacteria, while antistatic and conductive formulations can prevent static discharge and create safer, statically dissipated plastic parts.
These types of additives can help the polymer surface withstand extreme temperatures, wind, sunlight, exposure to chemical cleaning products, or surface damage from excessive handling.
https://www.avient.com/news/polyone-provides-new-twist-aluminum-cap-liners-low-migration-tpe-technology-pack-expo-2015
This Versaflex™ PKG TPE is formulated for aluminum caps used for sealing glass, polyethylene terephthalate (PET), or aluminum containers.
As an extension of GLS compression-molded cap liner technology, this non-PVC Versaflex PKG is formulated for aluminum caps used for sealing glass, polyethylene terephthalate (PET), or aluminum containers.
PolyOne Corporation, with 2014 revenues of $3.8 billion, is a premier provider of specialized polymer materials, services and solutions.