https://www.avient.com/sites/default/files/resources/dB%2520June%2520Presentation%2520June%252012%25202013%2520%25282%2529.pdf
PolyOne Corporation Investor Day 2012
PolyOne Investor Presentation
Deutsche Bank 2013 Global Industrials and Basic
Materials Conference
June 12, 2013
• In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
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.
Average Debt Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Average
PolyOne Debt $ 706.4 $ 705.8 $ 705.2 $ 706.9 $ 1055.5 $ 776.0
Average Equity Q1 2012 Q2 2012 Q3 2012 Q4 2012 Q1 2013 Average
PolyOne shareholders’ equity $ 611.3 $ 604.3 $ 629.3 $ 629.1 $ 871.8 $ 669.2
Platform sales and operating income (OI) 2012Y* 2012PF** Q1 2013
Global Specialty Engineered Materials Sales $ 543.6 $ 773.0 $ 159.8
Global Color, Additives and Inks Sales 703.5 828.5 205.3
Designed Structures & Solutions -- 850.6 41.5
Specialty Platform Sales $ 1,247.1 2,452.1 406.6
Performance Products and Solutions Sales 837.0 696.1 159.7
PolyOne Distribution Sales 1,030.3 1,030.3 268.0
Corporate and Eliminations (121.8) (121.6) (33.2)
Total Sales $ 2,992.6 $ 4,056.9 $ 801.1
Global Specialty Engineered Materials OI $ 47.0 $ 47.7 $ 16.2
Global Color, Additives and Inks OI 66.8 81.6 24.1
Designed Structures & Solutions -- 20.9 1.9
Specialty Platform OI $ 113.8 $ 150.2 $ 42.2
Performance Products and Solutions OI 74.9 37.4 13.0
PolyOne Distribution OI 66.0 66.0 16.2
Corporate and eliminations (33.7) (40.0) (14.3)
Special items in OI (53.9) (53.9) (16.6)
Operating income - GAAP $ 167.1 $ 159.7 $ 40.5
Special items in OI 53.9 53.9 16.6
Operating income adjusted $ 221.0 $ 213.6 $ 57.1
Global Specialty Engineered Materials - OI % of
sales
8.6% 6.1% 10.1%
Global Color, Additives and Inks - OI % of sales 9.5% 9.8% 11.7%
Designed Structures & Solutions -- 2.5% 4.6%
Specialty platform OI % of sales 9.1% 6.1% 10.4%
PP&S operating OI % of sales 9.0% 5.4% 8.1%
Distribution OI % of sales 6.4% 6.4% 6.0%
PolyOne OI adjusted, % of sales 7.4% 5.3% 7.1%
PolyOne Investor Presentation�Deutsche Bank 2013 Global Industrials and Basic Materials Conference ��June 12, 2013�
Forward – Looking Statements
Use of Non GAAP Measures
Strategy and Execution Drive Results
Four Pillar Strategy
2013 Portfolio Transformation Highlights
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Proof of Performance & 2015 Goals
Innovation Drives Earnings Growth
Positioned for Strong Growth
First Quarter Financial Highlights
Debt Maturities & Liquidity Summary – 3/31/13
Use of Cash
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2021-05/avnt-first-quarter-2021-earnings-presentation.pdf
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. .
In particular, these include statements relating to future actions; prospective changes in raw material
costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as
legal proceedings and environmental liabilities; and financial results.
Simply put…
We solve customers’ most pressing material science challenges.
https://www.avient.com/sites/default/files/2023-02/AVNT Q4 2022 Earnings Presentation.pdf
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.
Pro Forma Financial Information
The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022.
EBITDA Margins
5.4%
11.5%
16.2%
$142
$408
$592
2006 figures exclude joint venture results
2022 pro forma for the acquisition of Avient Protective Materials
Adj.
https://www.avient.com/sites/default/files/2022-10/Hoyt VITALPOINT Grip Case Study.pdf
THE IMPACT
Versaflex soft-touch material offered Hoyt value—
ergonomically, aesthetically, and functionally.
Versaflex materials are well suited for a variety of
archery equipment applications.
Engage Avient material
experts, engineers, and designers early in the process
for maximum impact.
https://www.avient.com/sites/default/files/2020-08/gravi-tech-closures-case-study.pdf
These materials are able to be vacuum metalized or
electroplated as well, to reproduce the premium metal
finish that leading spirits makers prefer.
THE IMPACT
The closure producer’s team switched to Gravi-Tech
material, and immediately logged a 35% cost savings
due to lower material and processing costs.
Finding a material that would not compromise the
premium quality provided to a leading spirits brand
was critical for the closure producer.
https://www.avient.com/sites/default/files/2021-07/lubrione-for-conveyor-belt-gears-application-bulletin.pdf
LubriOne™ Internally Lubricated Formulations
For Conveyor Belt Gears
With high strength and durability, metal has been a
reliable material for machinery parts for centuries,
however, more commonly traditional materials
are being replaced by plastic alternatives that offer
performance, cost and sustainability benefits.
With only one machine required for
production of a plastic gear, these formulations can
reduce manufacturing steps, processing time and
material costs.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2024-03/Luxury Closures Application Bulletin_Online.pdf
Avoid the use styrenic materials – Low shrinkage
PP grades provide an ABS alternative.
FDA compliant
materials are also available.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2021-04/bergamid-electronic-connectors-case-study.pdf
THE IMPACT
Avient’s solution was a unique, nylon-based material that met
the all of the application’s performance requirements.
After
evaluating and approving the material’s physical properties,
the manufacturer also requested that it was formulated to
be flame-retardant.
Testing by the manufacturer of the material
produced in Asia showed that it per formed identically to that
made in the United States.
https://www.avient.com/sites/default/files/2022-05/Liquid Color PVC Pipe Product Industry Overview.pdf
Finely dispersed TiO2, and color
distribution with precision dosing, drive consistency,
material efficiency, and sustainable consumption.
Processing conditions can cause material properties to shift from the values stated in the information.
Avient is a premier provider of specialized and sustainable material
solutions and services that transform customer challenges into
opportunities.
https://www.avient.com/sites/default/files/2020-08/bottle-optimization-brochure-8.5x11.pdf
Material reduction
• Increased regrind content
• Sustainable materials
5
• Extended useful life
• Reduce energy use during conversion
MEET REGULATORY COMPLIANCE
Trust us to help you meet or exceed today’s stringent compliance standards across the globe.
Our materials contain ingredients that conform to accepted legal and regulatory compliance
guidelines
Processing conditions can cause material properties to shift from the values stated in the information.