https://www.avient.com/sites/default/files/2022-08/ColorMatrix Excelite Product Bulletin.pdf
PRODUCTS APPLICATIONS DESCRIPTION/BENEFITS
EXCELITE PF-1
PVC sheet for digital print or trimboard;
profiles & decking
Fine cell structure able to target low density:
improves consistency and control over
foaming process
FOAM ADDITIVE-54
PVC sheet for digital print or trimboard;
profiles & decking
Finer cell structure than PF-1 promotes ultra
smooth surface finish; improves consistency
and control over foaming process
PF-1E & FA-54E
ADDITIVES
PVC sheet for digital print or trimboard;
profiles & decking
Enhanced run time formulation reduces
die lip build-up in PVC processes, leading
to longer production run times
FOAM ADDITIVE-33
CaZN formulations for PVC sheet,
profile, or trimboard
Promotes finer cell structure,
higher cell density, and surface
quality in CaZN PVC dryblends
FOAM ADDITIVE-77 HDPE sheet & plastic lumber
Industry-leading cell structure and cell
density; achieves lower density without
sacrificing quality; self-nucleating and able
to increase extruder output rates up to 15%
FOAM ADDITIVE-85
Endothermic foam or
nucleating additive for olefin and
styrene polymers; plastic lumber,
sheet applications and
food packaging products
Can be used as a CFA or nucleating additive;
nucleating capabilities promote fine cell
structure and high cell density; achieves
greater density reductions with more
consistency and control
FOAM ADDITIVE-37 HDPE sheet & plastic lumber
Good cell structure and cell density
in HDPE lumber; greater consistency
and control over foaming process
EXCELITE CAN IMPROVE PRODUCTION EFFICIENCY
• The process operator has full control of density
• Minimizes product rejection due to unnecessarily high/low density
• Production should consistently target the bottom of the density specification
• Enables control over the reintroduction of regrind or reprocessed materials as a feedstock
• Enables the consistent foaming of products using higher percentages of regrind
• Carrier selection can promote longer run times, enabling increased line productivity through
less plate-out or material build-up on die lips
EXCELITE CAN IMPROVE SURFACE FINISH
Excelite additives creates a fine, consistent cell structure within the extruded polymer, which determine
the surface roughness.
https://www.avient.com/sites/default/files/2021-06/colormatrix-select-brochure.pdf
SELF-SERVICE
1.
Your colors can be consistently reproduced from any Avient facility
worldwide.
1
2 VISIT ONE OF OUR SELECT FACILITIESAlternatively, you can visit one of our global Select development facilities and work with one of our experts to create your color, produce and approve
samples all in the same day.
https://www.avient.com/sites/default/files/2023-08/QRG for suppliers on CSP order management%5B87%5D.pdf
1
How to manage Purchase Orders
through the Coupa Supplier Portal
(CSP) Suppliers Guide
For Avient Suppliers
The Coupa Supplier Portal (CSP) is a no-cost tool for suppliers that makes working with your
clients, such as Avient, easier and smoother.
With a custom view you can create a set of advanced search filters.
1.
https://www.avient.com/sites/default/files/2020-10/neu-quality-commitment.pdf
Approved
Plant/Local : Reference Document
Document #: DOC-10815 Revision: 3
Document
Owners:
Dean Clark Effective Date: Oct 29, 2020
Title: NEU Quality Commitment
Page 1 of 4
Only the electronic version of this document in ETQ is the controlled version of the document.
In the event that
the NEU determines that it is the root cause of the Customer complaint, a corrective
action will be issued, and preventive actions will be developed to address the root
cause.
10.0 MANAGEMENT OF SUPPLIERS
10.1 NEU will maintain and ensure oversight and monitoring of applicable suppliers in
accordance with the requirements of ISO 13485 Quality Management System.
11.0 TRACABILITY, RECORDS & RETENTION
11.1 NEU is responsible for establishing and maintaining controlled documentation of
product and raw material component traceability during all stages of production and
shipment.
11.2 An electronic record of the manufacturing conditions and raw materials (vendor ID and
lot number) used to manufacture each batch is retained and preserved for a period of at
least 7 years from the manufacture date or as specified by applicable Regulatory
Requirements.
11.3 An electronic record of the Customer purchase order and NEU sales order confirmation
will be retained and for a period of at least 7 years from order acceptance date.
11.4 A representative sample of the product manufactured will be retained for a period of at
least 1 year from manufacture date.
12.0 EXPIRATION
12.1 NEU’s obligations contained in this Quality Commitment will automatically expire if the
Customer does not purchase product from NEU for a period of one year.
https://www.avient.com/sites/default/files/2021-06/fl.us-.datasheet-kevlar-para-aramid.pdf
KEVLAR® PARA-ARAMID DATA
KEVLAR® PARA-ARAMID (HM) BARE FIBER PERFORMANCE
* Equilibrium moisture regain @ 55% RH ** Creep @ 40%-58% ultimate tensile strength *** Shrinkage in dry air @ 177 C for 30 minutes
MOVING HIGH PERFORMANCE FIBERS FORWARD
ABOUT FIBER-LINE®
LOCATIONS
Headquarters, R&D, Manufacturing
FIBER-LINE® LLC
3050 Campus Drive
Hatfield, PA 19440
+1 215.997.9181
fiber@fiber-line.com
Manufacturing Operations
FIBER-LINE® LLC
280 Performance Drive SE
Hickory, NC 28602
+1 828.326.8700
fiber@fiber-line.com
EMEA & Asia Pacific Operations
FIBER-LINE® INTERNATIONAL B.V.
https://www.avient.com/sites/default/files/2022-08/Schedule 2 a_b_c - SCCs_0.pdf
Clause 1, Clause 2, Clause 3, Clause 6, Clause 7;
ii.
The details for “Table 1: Parties” shall be set out in Appendix to Schedules 2(a), (b), and
(c), Annex 1;
b.
Entering into this Addendum
1.
https://www.avient.com/sites/default/files/resources/Terms_and_Conditions_of_Sale_for_Finland_%2528English_Language_Version%2529.pdf
Microsoft Word - Terms and Conditions Finland _8 April 2014_.doc
TERMS AND CONDITIONS
These Terms and Conditions apply to the sale of Products by PolyOne Corporation and its subsidiaries.
1.
All late payments shall bear an annual
interest of one (1) month EURIBOR plus 8% accrued on a daily basis,
notwithstanding any damages.
Seller may deliver to Buyer a quantity of Products with a
quantity tolerance which may vary, depending upon the quantities ordered by
Buyer, as follows: (1) from 50 to 99 kgs, +/- 25%; (2) from 100 to 249 kgs, +/-
15%; (3) from 250 to 499 kgs, +/- 10%; (4) more than 500 kgs, +/- 5%.
https://www.avient.com/sites/default/files/resources/FAQs%2520for%2520PolyOne%2520GHS%2520Requirements%2520Ver%252006%2520April%25202015.pdf
OSHA established a date of June 1, 2015 for those required to generate SDSs for their formulation or
mixture products to start using the new GHS format.
Distributors have until December 1, 2015 to
implement the same changes.
Complete implementation for suppliers and
employers will be required by December 1, 2018.
https://www.avient.com/sites/default/files/2024-01/Global Standard Response_Dec 2023.pdf
Standard handling time frame:
1 Business Day to
confirm receipt and
r .ecord it in our system
15 Business days to
analyze problem,
provide root cause
and action plan.
30 days to close
complaint
http://www.avient.com/company/sustainability/environmental/global-iso-certificate-library
8
The overall processing times may vary depending on the complexity of the issue and resources needed.
Record Retention
Production records are stored for a minimum of 1 year.
ERP records are kept for a minimum of 5 years.
https://www.avient.com/company/policies-and-governance/it-systems-use-policy
9
10
Annex 1 - ISO 13485 certification for Mevopur manufacturing sites North America
& EMEA.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
Page 3
Strategy and Execution Drive Results
90%
$22
$24
PolyOne
Stock Price
50%
70%
$18
$20
$22
S&P 500 (relative performance)
30%
$12
$14
$16
S&P 500 (relative performance)
‐10%
10%
$6
$8
$10
50%
‐30%
$0
$2
$4
$
|
‐50%$0
2006 2007 2008 2009 2010 2011 2012 2013
Page 4
Four Pillar Strategy
The World’s Premier Provider of SpecializedThe World s Premier Provider of Specialized
Polymer Materials, Services & Solutions
Page 5
Spartech – Compelling Strategic Rationale
• Spartech expands PolyOne’s specialty portfolio with adjacent
technologies in attractive end markets
Bolt on acquisition with opportunity for global expansion as only Bolt‐on acquisition with opportunity for global expansion, as only
6% of Spartech’s revenues are outside of North America
• PolyOne has a proven management team with a track record of
transformational success
• Preliminary synergy estimated at $65 million run rate by end of
3year 3
Significant opportunity to expand profitability by leveraging
PolyOne’s four pillar strategy
• Substantial potential share price appreciation for all
shareholders
f f ll / $ Accretive to EPS in first full year post‐acquisition / $0.50 once
synergies realized
Page 6
Mix Shift Highlights Specialty Transformation
Old
PolyOne Transformation
100%
2015
Target
80%
In
co
m
e*
65 – 75%40%
60%
f O
pe
ra
ti
ng
34%
43% 45%
65 75%
20%
%
o
f
2%0%
2005 2008 2010 2012 2015
Specialty OI $5M $46M $87M $114M Target
*Operating Income excludes corporate charges and special items
JV's PP&S Distribution Specialty
Page 7
Proof of Performance
2007 2012 2015
“Where we were” “Where we are”
“Where we
Where we were Where we are
expect to be"
1) Operating Income %
Specialty 3.2% 9.1% 12 – 16%
PP&S 6.1% 9.0% 9 – 12%
Distribution 3.0% 6.4% 6 – 7.5%
2) Specialty Platform
sss% of Operating Income 20% 45% 65 – 75%
3) ROIC* ( ft t ) 7% 11% 15%3) ROIC* (after‐tax) 7% 11% 15%
4) Adjusted EPS Growth** N/A 4 yr CAGR = 55%
Double Digit
Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
**4 yr EPS CAGR calculated using 2012 adjusted EPS vs 2008 adjusted EPS
Page 8
Proof of Performance
Spartech Opportunity
Intermediate
PolyOne Spartech Opportunity
2006 2012 Today Goal
“Where we
were”
“Where we
are”
“Where
Spartech is”*
“Where we
can go”were are Spartech is can go
Specialty
Operating
Margin
1.5% 9.1% 2.2% 8.0% – 10.0%
Margin
Page 9
*Pro Forma results include Spartech corporate allocations for FY12 ended November 3, 2012
At a Glance
PolyOne
Europe
14%
Canada
8%
Asia
5%
Latin
America
3% Distribution
2012 Revenues: $4.2 Billion* 2012 Revenues: $4.2 Billion*
United
States
70%
14% 5%
PP&S
20%Specialty
57%
23%
70%
Appliance
5%
Building & HealthCare
Transportation
16%
Textiles
2%
1.02
1.20
$1.20
$1.40
ha
re
End Markets* EPS Growth
g
Construction
14%
Wire & Cable
8%
Consumer
8%
Packaging
17%
Industrial
11%
Misc.
6%
9%
0.27
0 21
0.79
$0.40
$0.60
$0.80
$1.00
A
dj
us
te
d
Ea
rn
in
gs
P
er
S
Electrical &
Electronics
4%
0.12
0.21 0.13
$0.00
$0.20
2006 2007 2008 2009 2010 2011 2012
Page 10
* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms
At a Glance
Specialty
U it d
2012 Revenues: $2.4 Billion* Solutions
United
States
59%
Europe
23%
Asia
Canada
4%
Asia
9%
Latin
America
5%
Appliance
4%
Building &
C t ti
HealthCare
5%
Transportation
16%
Textiles
2%
%
o
f S
al
es
12-16%
End Markets* Expanding Profits
Construction
11%
Wire & Cable
7%
Electrical &
Electronics
Packaging
23%
Industrial
7%
Misc.
15%
1.5%
3.2%
4.3%
5.3%
8.4%
9.1%
O
pe
ra
ti
ng
In
co
m
e
%
8.0%
Electronics
4%
Consumer
6%
Page 11
2006 2007 2008 2009 2010 2011 2012 2015
O
Target* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms
At a Glance
Designed Structures and Solutions
United States
2012 Revenues: $0.85 Billion* Solutions
84%
Europe
2%
Canada
7%
Latin America
7%
Appliance
4% Building & Construction
11%
Wire & Cable
Sign & Advertising
3%
Recreation & Leisure
2%
Pool & Spa
1%
Distribution &
Thermoform
8%
Textiles
2% Operating Income % of Sales
2012 Revenue by Industry Segment* Expanding Profits**
Wire & Cable
7%
Electrical & Electronics
4%
Consumer
6%
Packaging
23%Industrial
7%
Transportation
16%
3%
2.2%
8 ‐ 10%
7%
Misc.
1%
HealthCare
5%
2012 2015
Target
Page 12
*Pro Forma includes FY2012 results for Spartech (11/03/12 YE)
**Pro Forma results include Spartech corporate allocations for FY12
Positioned for Earnings Growth
2015 Target
Rev: $5B
Adj.
EPS: $1.20
Proforma Debt Maturities & Liquidity Summary – 12/31/12
(Reflecting Financing & Spartech Acquisition)
• Total Debt at 12/31/12
h
$1,010
$297
$360 $300
$400
Debt Maturities
As of December 31, 2012
($ millions)
Less: Cash
Net Debt
213
$797
$50
$297
$100
$200
• Available Liquidity
Cash $213
$800 Debt Maturities
As of December 31, 2012
P f f 2/13 Fi i
$50
$0
2015 2017 2020
Interest Rates: 7.500% 5.000% 7.375%
Cash
ABL Availability
Total Liquidity
$213
271
$484
$600
$400
$600
Proforma for 2/13 Financing
($ millions)
Total Liquidity
• Net Debt / EBITDA = 2.0x*
$484
$50
$360
$0
$200
• Net Debt / EBITDA = 2.35x**
$50$0
2015 2020 2023
Page 14
Interest Rates: 7.500% 7.375% 5.250%
*Assumes $65 million of synergies related to Spartech acquistion
**Assumes no synergies related to Spartech acquistion
Use of Cash
Share DividendsOrganic G Acquisitions
• Repurchased 1 2
Repurchase
• Introduced a
Dividends
• Expanding our
Growth
T t th t d
Acquisitions
• Repurchased 1.2
million shares in
2012
• 20.0 million
shares are
il bl f
• Introduced a
quarterly dividend
in Q1 2011 and
increased in Q1
2012 (25%) and
Q1 2013 (20%)
• Expanding our
sales, marketing,
and technical
capabilities is top
priority
• Investing in
• Targets that expand our:
• Specialty offering
• End market presence
• Geographic footprint
available for
repurchase under
the current
authorization
Q1 2013 (20%)
• Objective of
maintaining and
growing
Investing in
operational and
LSS initiatives
(including synergy
capture)
• CAPEX
• Synergy opportunities
• Adjacent material solutions
Proforma Cash Balance = $213M
N t D bt / EBITDA* 2 0X
CAPEX
Net Debt / EBITDA* = 2.0X
*Adjusted EBITDA assumes synergies related to the Spartech acquisition are realized at close; preliminary synergies estimated at $65M and are expected to be achieved over a 3-year period
Page 15
Why Invest In PolyOne?