https://www.avient.com/sites/default/files/2021-04/onflex-s-garden-hose-hand-grip-case-study.pdf
The new products
have been very well received by consumers, and have allowed
the company to address the competitive threat from all-plastic
sprayers
https://www.avient.com/sites/default/files/2021-03/in-house-plastisol-program-bulletin.pdf
History proves that when supply gets tight, small
plastisol producers can be the last in line to receive
resin.
https://www.avient.com/sites/default/files/2023-10/31307-Certificate-20SEP2023.pdf
Toluca 2000
Toluca, Estado de México 50200
México
Activity: Design and Sampling Activity: Design and manufacture of colorants for plastics
Facility: Avient Corporation - Vonore, TN
245 Avecor Drive
Vonore, TN 37885
Facility: Avient Corporation - Vonore Warehouse
225 Industrial Drive
Vonore, TN 37885
Activity: Manufacture of Colorants for Plastics Activity: Warehouse
Facility: Avient Corporation - Mountain Top, PA
855 Oak Hill Road
Mountain Top, PA 18707
Facility: NEU Specialty Engineered Materials, LLC
15 Corporate Drive
North Haven, CT 06473
Activity: Manufacturing, Shipping and Receiving Activity: Compound and supply of thermoplastics for the medical device
industry
Page 5 of 7
Facility: Avient Corporation - Cergy, France
14 Avenue de l'Eguillette
Saint Ouen l'Aumône 95310
France
Facility: Avient Corporation - Grace-Hollogne, Belgium
Rue Louis Bleriot 7
Grace-Hollogne 4460
Belgium
Activity: Design and Manufacture of Color and Additive Concentrates and
Activity: Warehousing and Dispatching of raw materials
Facility: Avient Corporation - Gyor, Hungary
Mandulafa Sor 3
Gyor 9027
Hungary
Facility: Avient Corporation - Kutno, Poland
ul.
https://www.avient.com/center-of-excellence/avient-us-and-canada
Avient’s Singapore Production Facility Receives ISCC PLUS Certification for Bio-Derived Materials...
https://www.avient.com/knowledge-base/article/polymer-services-frequency-asked-questions
It also provides context on development timelines, some industries have tight timelines based on annual launch windows while others have a long specification process.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Investor%2520Day%25205-18-15.pdf
Garratt
Senior Vice President, President of
Performance Products & Solutions
John Midea
Senior Vice President,
Global Operations & Process
Improvement
Mark Crist
Senior Vice President, President of
PolyOne Distribution
Cathy Dodd
Vice President, Marketing
Chris Murphy
Vice President, Research & Development,
Chief Innovation Officer
Kurt Schuering
Vice President, Global Key Account
Management
The Leaders Behind the Team
PolyOne Corporation Page 8
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 – 2014 2015 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 $1.80
• 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
• Accelerating growth
• 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 9
2006 2014
“Where we were” “Where we are”
Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 14.7%
Global Specialty Engineered Materials 1.1% 12.1%
Designed Structures & Solutions 1.4%(2012) 7.3%
Performance Products & Solutions 5.5% 7.7%
Distribution 2.6% 6.1%
Specialty Platform % of
Operating Income 6.0% 65%
ROIC 5.0% 11.3%
Adjusted EPS Growth N/A 37%
Proof of Performance
PolyOne Corporation Page 10
2%
34% 43% 62% 65%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
Old
PolyOne
Mix Shift Highlights Specialty Transformation
New
PolyOne Transformation
Specialty OI $5M $46M $87M $195M $242M
*Operating Income excludes corporate charges and special items
PolyOne Corporation Page 11
2014 2015 Target
“Where we are” (Est. in 2012)
Operating Income %
Specialty:
Global Color, Additives & Inks 14.7% 12 – 16%
Global Specialty Engineered Materials 12.1% 12 – 16%
Designed Structures & Solutions 7.3% 8 – 10%
Performance Products & Solutions 7.7% 9 – 12%
Distribution 6.1% 6 – 7.5%
Specialty Platform % of
Operating Income 65% 65 – 75%
ROIC 11.3% 15%
Adjusted EPS Growth 37% Double Digit
Expansion
Proof of Performance
PolyOne Corporation Page 12
• Sold non-core resin assets – EPS dilutive
• Completed acquisition of Spartech
• Housing starts below 1.25 million units
Single family units 30% below expectations
• Longstanding weakness in Europe, and
decline in Euro
Successfully Navigating Change Since 2012
PolyOne Corporation Page 13
-100%
200%
300%
400%
500%
600%
POL S&P 500
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
'06 '07 '08 '09 '10 '11 '12 '13 '14
‘06-‘14 Adjusted EPS CAGR = 40%
Adjusted EPS Share Price vs.
Richardson
Executive Vice President and
Chief Financial Officer
PolyOne Corporation Page 71
Who We Are Growing With
PolyOne Corporation Page 72
2014 Awards and Recognitions
PolyOne Corporation Page 73
2014 Financial Highlights
$131
$151
$191
$262
$320
Adjusted Operating
Income
$0.68
$0.82
$1.00
$1.31
$1.80
Adjusted EPS
($ millions)
PolyOne Corporation Page 74
2006 2015 Target 2014
“Where we were” (Est. in 2012) “Where we are”
Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 12 – 16% 14.7%
Global Specialty Engineered Materials 1.1% 12 – 16% 12.1%
Designed Structures & Solutions 1.4%(2012) 8 – 10% 7.3%
Performance Products & Solutions 5.5% 9 – 12% 7.7%
Distribution 2.6% 6 – 7.5% 6.1%
Specialty Platform % of
Operating Income 6.0% 65 – 75% 65%
ROIC 5.0% 15% 11.3%
Adjusted EPS Growth N/A Double Digit
Expansion 37%
Proof of Performance & 2015 Targets
PolyOne Corporation Page 75
2,883
2,565
2006 2014
Volume
(lbs in millions)
-11%
$219
$451
2006 2014
Commercial Investment
($M)
+105%
$303
$770
2006 2014
Adjusted
Gross Margin ($M)
+154%
*Total SG&A
Ours is Not a Cost Cutting Story
Investment in
Commercial Resources…
Drives Mix Improvement AND
Gross Profit $$ Expansion
PolyOne Corporation Page 76
Financial Strength
$76
$222
$154
$105
$176 $179
$230
2008 2009 2010 2011 2012 2013 2014
Adjusted Cash Flow from
Operations
($ in millions)
18.9%
11.7%
9.6% 9.6%
10.8% 10.9%
9.9%
2008 2009 2010 2011 2012 2013 2014
Working Capital %
of Sales
PolyOne Corporation Page 77
Financial Flexibility
$49
$317
$600
2015 2020 2023
Debt Maturities
As of December 31, 2014
($ millions)
Coupon: 7.500% 7.375% 5.250%
2.6x
2.0x
1.8x
1.9x
2011 2012 2013 2014
Net Debt / Adjusted EBITDA
PolyOne Corporation Page 78
Shares
Purchased
(M)
2012 1.2
2013 5.0
2014 6.3
Cash to Generate Value
Expand marketing,
commercial and technical
capabilities
Leverage supplier
partnerships for
innovation
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
$0.16
$0.20 $0.24
$0.32
$0.40
$0.10
$0.20
$0.30
$0.40
$0.50
2011 2012 2013 2014 2015
Annual Dividend Targets that expand:
• Specialty offerings
• End market
presence
• Geographic
breadth
PolyOne Corporation Page 79
PolyOne Corporation Page 80
PolyOne Corporation Page 81
2020 Platinum Vision
Robert M.
Patterson
President and Chief Executive Officer
PolyOne Corporation Page 82
PolyOne Core Values
Innovation
Collaboration
Excellence
PolyOne Corporation Page 83
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
PolyOne Corporation Page 84
‘06-‘14 Adjusted EPS CAGR = 40%
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
'06 '07 '08 '09 '10 '11 '12 '13 '14
Adjusted EPS Share Price vs.
https://www.avient.com/knowledge-base/article/polymer-services-frequency-asked-questions?rtype[]=1164
It also provides context on development timelines, some industries have tight timelines based on annual launch windows while others have a long specification process.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale in Turkey.pdf
Seller
reserves to itself all applicable duty drawback
allowances, and Buyer shall provide assistance in
connection with Seller’s application for the same.
11.
Satıcı, Satıcı tarafından tedarik edilmiş
olsun veya olmasın, Alıcı tarafından kullanılan
boşaltma veya indirme ekipman veya
materyallerin çalışmamasından sorumlu
değildir.
11.
if not satisfied with Seller’s determination, Buyer
as its sole remedy shall have a right to terminate
this contract without further obligation upon: (i)
10 calendar days’ written notice; and (ii) payment
for all Product received to date.
14.
https://www.avient.com/sites/default/files/2024-03/Terms and Conditions of Sale for the Kingdom of Saudi Arabia.pdf
تنتقل الملكیة ومخاطرة الملكیة ومخاطرة الخسارة، والمخاطر الأخرى .11
عند نقطة الشحن الخاصة بالبائع، ویتحمل المشتري الخسارة بالمنتج إلى المشتري
التفریغ والتخزین والتنزیل ) التي تنشأ من 1كافة المخاطر والمسؤولیات (
الالتزام أو عدم الالتزام بالقوانین ) أو التي تنشأ من 2والمناولة واستخدام المنتج، (
أو الإقلیمیة أو المحلیة التي تسري على بالولایةواللوائح الاتحادیة أو الخاصة
ولا یتحمل البائع المسؤولیة عن عدم تفریغ أو تنزیل أو التي تحكمھ.
Except in the case of a force majeure, if not satisfied with Seller’s
determination, Buyer as its sole remedy shall have a right to terminate this
contract without further obligation upon: (i) 10 calendar days’ written
notice; and (ii) payment for all Product received to date.
Buyer shall disseminate such information so as to give warning
of possible hazards to persons whom Buyer can reasonably foresee may
receive exposure to such hazards, including, but not limited to, Buyer’s
employees, agents, contractors and customers.
https://www.avient.com/sites/default/files/2024-12/Terms and Conditions of Sale for Brazil %28English and Spanish Translation%29.pdf
NAI-1524021340v5
11.
O Vendedor não tem responsabilidade
pela falha de descarregamento ou desembarque de
equipamentos ou materiais usados pelo Comprador,
sejam ou não fornecidos pelo Vendedor.
11.
Buyer shall
disseminate such information so as to give warning of
possible hazards to persons whom Buyer can
reasonably foresee may receive exposure to such
hazards, including, but not limited to, Buyer’s
employees, agents, contractors and customers.