https://www.avient.com/knowledge-base/article/what-s-difference-fillers-reinforcements?rtype[]=1164
Frankland, “How Fillers Impact Extrusion Processing,” Plastics Technology (Nov. 2011), www.ptonline.com/columns/how-fillers-impact-extrusion-processing
Graphene is a flat, single layer of carbon atoms in sheet form that is significantly stronger than steel.3 It has a high surface area-to-volume ratio, high tensile strength (how much it can stretch before it breaks), and high electron mobility (the speed at which its electrons move when voltage is applied).4 Graphene is not a new material, but it recently became commercially available and is now being used as a polymer additive.
https://www.avient.com/sites/default/files/2023-07/Avient_CodeConduct_2023_Thai.pdf
รายงานและจัดทำ�เอกสารบันทึกค่าใช้จ่ายตามปกติและท่ี เหมาะสมท้ังหมดท่ีสำ�รองจ่ายไปก่อนจากการเดินทางเพ่ือ ธุรกิจ โปรดทราบว่าหากคุณย่ืนเอกสารค่าใช้จ่ายท่ีไม่เหมาะสม และ/หรือ ท่ีจัดทำ�เอกสารไว้อย่างไม่สมบูรณ์หรือไม่ถูกต้อง จะมีการดำ�เนินการ ทางวินัยข้ันตามความเหมาะสม และสูงสุดถึงข้ันการเลิกจ้างงาน 12 สารบัญ คณุทราบหรอืไม่ ตวัอยา่งบนัทกึทางธรุกจิมดีงัน ี :้ • การพัฒนาผลิตภัณฑ์ใหม่ • ผลการทดสอบ • รายงานทางห้องปฏิบัติการ • ข้อมูลการวิจัย • รายงานทางการเงิน • รายงานค่าใช้จ่าย • ใบแจ้งหนี้ • บันทึกเวลา • บันทึกข้อมูลส่วนบุคคล • แผนทางธุรกิจ • จดหมาย จดหมายข่าว บันทึก และอีเมลที่ส่งถึงผู้ร่วมงาน • ข้อมูลที่โพสต์บน The Loop ขอ้มลูท ีม่กีรรมส ทิธ ิ แ์ละ เป น็ความลบัหมายรวมถงึขอ้มลู ตอ่ไปน ี :้ • แผนธุรกิจและกลยุทธ์ที่ระบุทิศทางการดำ�เนินงาน • การวิจัยและข้อมูลทางเทคนิค • สูตรการผลิตและเทคโนโลยีในกระบวนการผลิต • การดูแลผลิตภัณฑ์แบบครบวงจรเพื่อลดผลกระทบต่อสิ่งแวดล้อม (Product Stewardship) • ความลับทางการค้า เทคโนโลยี และความรู้เชิงปฏิบัติการ “Know How” • ข้อมูลเกี่ยวกับสถานะทางการแข่งขันของเรา • ข้อมูลและการวางแผนการประมาณการทางการเงินที่ไม่ได้เผยแพร่ • ข้อมูลเรื่องราคาของผลิตภัณฑ์ • ข้อมูลเกี่ยวกับการเสนอสัญญาและธุรกรรม • ลูกค้า ผู้จำ�หน่าย การตั้งราคา และข้อมูลเชิงพาณิชย์อื่นๆ • ซอฟต์แวร์และระบบคอมพิวเตอร์ที่พัฒนามาสำ�หรับธุรกิจของเรา • ข้อมูลอื่นใดที่อาจเป็นประโยชน์ต่อคู่แข่งของเรา 13 สารบัญ คำ�ถามและคำ�ตอบ ถาม: ผู้จัดการของฉันไปพักร้อน และขณะท่ีเธอไม่อยู่ มีคนขอ ให้ฉันลงนามในสัญญาในนามของบริษัท ฉันรู้ว่าสัญญาน้ีมีความ สำ�คัญและทุกคนต้องการให้สัญญาน้ีเสร็จส้ินโดยเร็ว ฉันจะลง นามได้หรือไม่ ตอบ: แล้วแต่กรณี Avient มีระบบการมอบหมายอำ�นาจ (Delegation of Authority Matrix หรือ Matrix) ท่ีระบุว่าบุคคลใดมีอำ�นาจในการ อนุมัติและดำ�เนินการจัดการทางธุรกิจได้ นอกจากน้ัน เว้นแต่กรณี ท่ีมีการมอบหมายอำ�นาจไว้อย่างเหมาะสมแล้ว เจ้าหน้าท่ีผู้บริหาร ของบริษัทเท่าน้ันท่ีสามารถลงนามในสัญญาได้ คุณควรอ่านทบทวน เอกสาร Matrix และเอกสารการมอบหมายอำ�นาจใดๆ เพ่ือตรวจสอบ ข้อมูลเก่ียวกับข้อกำ�หนดในการอนุมัติ และดูว่าคุณมีอำ�นาจลงนาม ในสัญญาประเภทและขนาดดังกล่าวน้ีในนามของบริษัทหรือไม่ หาก ไม่มี คุณจำ�เป็นต้องระบุผู้ท่ีเป็นสมาชิกของฝ่ายจัดการท่ีได้รับอนุมัติท่ี สามารถทำ�การอนุมัติและลงนามในสัญญาท่ีเป็นไปตามกฎเหล่าน้ีได้ ระลึกไว้เสมอว่าน่ีคือข้อกำ�หนดข้ันต้นเท่าน้ัน ธุรกิจเฉพาะและสถาน ประกอบการแต่ละแห่งของเราอาจมีการบังคับใช้มาตรฐานท่ีสูงกว่าน้ี การส ือ่สารของบร ษิทั Avient จะเปิดเผยข้อมูลเกี่ยวกับบริษัทและผลการดำ�เนินงานต่อสาธารณะ อย่างสม่ำ�เสมอ เรามุ่งมั่นที่จะแจ้งข้อมูลที่ชัดเจน ถูกต้อง ตรงต่อเวลา และ เหมาะสมให้ผู้ที่มีส่วนได้ส่วนเสียของเราทราบ ในการดำ�เนินการดังกล่าว Avient ได้แต่งตั้งบุคคลให้เป็นตัวแทนเพื่อพูดคุยกับสื่อ นักวิเคราะห์ ทางการเงิน และนักลงทุน ในนามของบริษัท หากคุณไม่ได้รับการแต่งตั้ง เป็นการเฉพาะให้พูดในนามของ Avient คุณต้องส่งต่อคำ�ถามภายนอกจาก ชุมชนการลงทุนหรือสื่อต่างๆ ไปยังฝ่ายลงทุนสัมพันธ์หรือฝ่ายสื่อสารองค์กร ขณะที่คุณสื่อสาร คุณต้องบอกให้ชัดเจนด้วยว่าคุณไม่ได้พูดในนามของ บริษัท ทั้งนี้รวมถึงการสื่อสารทางออนไลน์หรือสื่อสังคมออนไลน์ การพทิกัษแ์ละการใชส้ นิทรพัย ์ พวกเราทุกคนมีหน้าที่ปกป้องสินทรัพย์และทรัพยากรของ Avient ที่มีไว้ ให้ใช้ในการทำ�งานของเรา ไม่ให้สูญเสียเนื่องด้วยความประมาทหรือการลัก ขโมย เมื่อถูกลักขโมยหรือ เกิดความเสียหายจากความประมาท รวมทั้งการ ใช้งานสินทรัพย์และทรัพยากรของบริษัทโดยไม่ได้รับอนุญาตควรต้องมีการ รายงานโดยทันที สินทรัพย์และทรัพยากรของบริษัทควรนำ�มาใช้งานเพื่อวัตถุประสงค์ทาง ธุรกิจที่ถูกต้องเท่านั้น ห้ามมิให้ใช้งานสินทรัพย์ของบริษัทโดยไม่ได้รับ อนุญาตหรือในทางที่ไม่เหมาะสม ขอ้มลูท ีม่กีรรมส ทิธ ิ แ์ละขอ้มลูลบั แนวคดิ และ ทรพัยส์ นิทางปญัญา ความได้เปรียบในการแข่งขันของเราอาจลดลงอย่างง่ายดายหากบุคคล อื่นสามารถเข้าถึงข้อมูลที่มีกรรมสิทธิ์ของ Avient รวมทั้งความคิดที่เป็น นวัตกรรมหรือทรัพย์สินทางปัญญา และนำ�ข้อมูลนั้นไปใช้พัฒนาผลิตภัณฑ์ เพ่ือแข่งขันหรือเพ่ือให้อยู่ในสถานะท่ีได้เปรียบกับลูกค้าของเรา สินทรัพย์ท่ีจับ ต้องไม่ได้เหล่าน้ีต้องได้รับการจัดการและปกป้องอย่างเหมาะสม หน้าท่ีงานท่ี สำ�คัญอย่างหน่ึงของคุณคือการทำ�ความเข้าใจเร่ืองการรักษาความลับของข้อมูล และลักษณะของข้อมูลหรือเอกสารต่างๆ ท่ีมีความละเอียดอ่อนมากซ่ึงพบได้อยู่ เสมอในงานของ Avient คุณเองมีส่วนและความรับผิดชอบในการทำ�ให้แน่ใจ ว่าข้อมูลท่ีมีค่าของบริษัทจะไม่ถูกเปิดเผยให้ผู้อ่ืนรับทราบ เว้นแต่คุณมีอำ�นาจ กระทำ�การดังกล่าว ตรวจสอบให้แน่ใจว่าผู้ท่ีร้องขอข้อมูลดังกล่าวได้รับอนุญาต ให้เป็นผู้ได้รับข้อมูลน้ันก่อนท่ีคุณจะมอบข้อมูลให้แก่พวกเขา บางครั้ง Avient มีข้อมูลลับอยู่ในครอบครอง ซึ่งเป็นข้อมูลที่ลูกค้า ผู้จำ�หน่าย และผู้ร่วมงานทางธุรกิจอื่นๆ มอบให้เราด้วยความไว้ใจ ซึ่งรวมถึงข้อมูล ที่เกี่ยวข้องกับการดำ�เนินงาน กิจกรรมและธุรกิจ เช่นเดียวกับข้อมูลที่มี กรรมสิทธิ์ของพวกเขา Avient จะเติบโตและประสบความสำ�เร็จได้นั้น ข้อมูลที่มีกรรมสิทธิ์และข้อมูลที่มีความละเอียดอ่อนนี้ต้องได้รับการรักษาไว้ เป็นความลับและได้รับการปกป้องโดยผู้ร่วมงานทุกคน ข้อมูลที่มีกรรมสิทธิ์และข้อมูลลับของ Avient รวมทั้งของลูกค้าและผู้ จำ�หน่ายของเรา ต้องได้รับการรักษาไว้เป็นความลับอย่างถึงที่สุดเท่าที่จะเป็น ไปได้ ตรวจสอบให้แน่ใจว่าบุคคลที่ร้องขอข้อมูลดังกล่าว ทั้งที่เป็นบุคคล ภายนอก หรือผู้ร่วมงานของ Avient ได้รับอนุญาตให้เป็นผู้ได้รับข้อมูลนี้ก่อน ที่คุณจะมอบข้อมูลนี้ให้แก่พวกเขา และหากมีข้อตกลงตรวจสอบให้แน่ใจว่า ได้มีการลงนามในเอกสาร และได้ปฏิบัติตามข้อกำ�หนดในข้อตกลงนั้นๆ สิทธิในทรัพย์สินทางปัญญา รวมถึงสิทธิบัตร เครื่องหมายการค้า ลิขสิทธิ์ ความลับทางการค้า และความรู้เชิงเชิงปฏิบัติการ (Know-How) จะต้องได้ รับการวางแผนและจัดการด้วยความเอาใจใส่ในระดับเดียวกันกับสินทรัพย์ที่ มีค่าอื่นๆ แนวคิดและความคิดใหม่ๆ จะได้รับการบ่งชี้เพื่อการประเมินและ ปกป้องคุ้มครองตามความเหมาะสม เพื่อสนับสนุนเป้าหมายระยะยาวและ ระยะสั้นของบริษัท หากเห็นว่าเหมาะสม ให้คุณนำ�เสนอความคิดของคุณ ต่อฝ่ายกฎหมายของ Avient เพื่อขอรับการคุ้มครองผ่านสิทธิบัตร ลิขสิทธิ์ หรือความลับทางการค้า ความเป น็สว่นตวั ขอ้มลูสว่นบคุคล และการ ค ุม้ครองขอ้มลู ความเป็นส่วนตัวของบุคคลเป็นสิ่งสำ�คัญสำ�หรับเราทุกคน ไม่มีใครอยาก ให้พื้นที่ส่วนตัวถูกบุกรุกล่วงล้ำ�โดยไม่ได้รับอนุญาต ดังนั้นการที่เราให้ความ เคารพต่อความเป็นส่วนตัวส่วนบุคคลและละเว้นการบุกรุกล่วงล้ำ�ไปยังพื้นที่ ส่วนตัวที่ไม่เหมาะสมจึงเป็นสิ่งที่สำ�คัญ พวกเราทุกคนมีหน้าที่รับผิดชอบในการปกป้องคุ้มครองข้อมูลส่วนบุคคล ของเพื่อนร่วมงาน ลูกค้า ผู้จำ�หน่ายของเรา และบุคคลอื่นที่เราดำ�เนินธุรกิจ ด้วย คุณถูกคาดหวังให้ทำ�ความเข้าใจและปฏิบัติตามกฎหมาย นโยบาย และ ขั้นตอนกระบวนการที่นำ�มาบังคับใช้เมื่อคุณทำ�งานกับข้อมูลส่วนบุคคล ซึ่ง รวมถึงวิธีการที่คุณเก็บรวบรวม ใช้งาน จัดเก็บ แบ่งปัน และเก็บไว้ หรือลบ หรือกำ�จัดข้อมูลส่วนบุคคล หากคุณทราบว่ามีการละเมิดเรื่องความปลอดภัย ของระบบซึ่งอาจทำ�ให้บุคคลใดสามารถเข้าถึงข้อมูลส่วนบุคคลได้โดยไม่ได้ รับอนุญาต ให้รายงานเหตุการณ์ดังกล่าวกับฝ่ายทรัพยากรบุคคลหรือเจ้า หน้าที่ฝ่ายจริยธรรมองค์กรโดยทันที 14 สารบัญ คณุทราบหรอืไม่ ข้อมูลส่วนบุคคลคือข้อมูลใดๆ ที่สามารถนำ�มาใช้เพื่อระบุตัวตน ของบุคคลหนึ่งได้นั้นได้แก่ข้อมูลดังต่อไปนี้: • หมายเลขประจำ�ตัวที่ออกโดยรัฐบาล เช่น หมายเลขประกัน สังคมหรือหมายเลขประกันภัยแห่งชาติ • ข้อมูลเรื่องค่าตอบแทน • ประวัติทางการแพทย์ • บันทึกด้านประสิทธิภาพในการทำ�งาน • ที่อยู่ส่วนบุคคลหรือหมายเลขโทรศัพท์ การใชง้านอนิเทอรเ์นต็หรอือเีมล Avient อนุญาตให้ผู้ร่วมงานของเราสามารถเข้าถึงสื่ออิเล็กทรอนิกส์หลาย รูปแบบสำ�หรับการใช้งานทางธุรกิจ สื่ออิเล็กทรอนิกส์และบริการทั้งหมดที่ บริษัทจัดหามาให้เป็นทรัพย์สินของบริษัท และวัตถุประสงค์ของสื่อและ บริการดังกล่าวมีไว้เพื่ออำ�นวยความสะดวกและสนับสนุนธุรกิจของบริษัท แม้ว่าวัตถุประสงค์หลักของสื่ออิเล็กทรอนิกส์คือเพื่อการใช้งานทางธุรกิจ บริษัทอนุญาตให้มีการใช้งานระบบเพื่อวัตถุประสงค์ส่วนตัวแบบจำ�กัดหรือ เป็นครั้งคราวได้ อย่างไรก็ตาม ผู้ร่วมงานถูกคาดหวังให้แสดงออกถึงความรับ ผิดชอบและไม่ใช้สิทธิพิเศษนี้ไปในทางที่ผิด ระบบการส่งข้อความและทรัพยากรทางอิเล็กทรอนิกส์ของเราไม่สามารถนำ�มา ใช้งานเพ่ือการโอนถ่าย รับ หรือจัดเก็บโดยเจตนาและทราบดีว่าข้อมูลส่ือสาร ดังกล่าวน้ันเป็นการแบ่งแยก เลือกปฏิบัติ หรือคุกคาม เส่ือมเสียต่อบุคคลหรือ กลุ่มใด อนาจาร ส่อไปทางเร่ืองเพศหรือลามก หม่ินประมาทหรือเป็นการข่มขู่ ผิดกฎหมายหรือขัดต่อนโยบายหรือประโยชน์ทางธุรกิจของ Avient Avient สามารถและมีการดำ�เนินการเป็นปกติ ในการตรวจตราควบคุมสื่อ อิเล็กทรอนิกส์เพื่อวัตถุประสงค์ในการวิเคราะห์ต้นทุน การจัดสรรทรัพยากร การจัดการด้านเทคนิค และการตรวจจับผู้ร่วมงานที่ละเมิดนโยบายของ บริษัทหรือมีส่วนร่วมในกิจกรรมที่ผิดกฎหมาย คำ�ถามและคำ�ตอบ ถาม: ฉันใช้แล็ปท็อปในการเดินทางเพื่อธุรกิจ ฉันควรต้อง ระมัดระวังเรื่องใดบ้าง ตอบ: เก็บแล็ปท็อปของคุณให้ปลอดภัยอยู่เสมอ ห้ามเช็คอิน แล็ปท็อปกับสายการบินหรือทิ้งไว้ในที่ที่ไม่ปลอดภัย ระมัดระวัง ขณะทำ�งานกับเอกสารที่มีข้อมูลละเอียดอ่อน หลีกเลี่ยงการ ทำ�งานในสถานที่สาธารณะที่มีผู้มองเห็นหน้าจอของคุณได้ เมื่อ เดินทางไปยังอีกประเทศหนึ่ง ให้ตรวจสอบกับทีมความปลอดภัย ด้านไอที หรือฝ่ายกฎหมายของ Avient เพื่อตรวจสอบว่าคุณต้อง ระมัดระวังเรื่องใดเพิ่มเติมหรือไม่ ส ือ่สงัคมออนไลนแ์ละการสรา้งเครอืขา่ยสงัคม ออนไลน์ Avient ตระหนักว่าสื่อ/เครือข่ายสังคม อาจมีประโยชน์ในทางธุรกิจ เมื่อคุณ ใช้งานสื่อ/เครือข่ายสังคม คุณต้องใช้ดุลยพินิจที่เหมาะสมและลดโอกาส ของความเสี่ยงด้านความปลอดภัยหรือการผิดกฎหมายที่ คุณถูกคาดหวังให้ ทำ�ความเข้าใจและปฏิบัติตามแนวทางของบริษัทเมื่อทำ�กิจกรรมในสื่อ/เครือ ข่ายสังคม ไม่ว่าเพื่อการใช้งานทางธุรกิจหรือส่วนบุคคล รวมทั้งการใช้งานที่ เกี่ยวข้องกับข้อมูลหรือการสื่อสารในเรื่องของ Avient หรือที่เกี่ยวข้องกับการ จ้างงานของคุณหรือหน้าที่ความรับผิดชอบที่คุณที่มีต่อบริษัท ความปลอดภยัดา้นคอมพ วิเตอร ์ การใหส้ ทิธ ิ ์ ใช ้ งานซอฟตแ์วร ์ และลขิส ทิธ ิ ์ เหมือนกับข้อมูลในรูปแบบอื่นที่มีความสำ�คัญกับการดำ�เนินธุรกิจของ Avient คุณต้องรักษาข้อมูลที่เก็บไว้ในคอมพิวเตอร์หรือที่บันทึกไว้ในสื่อ บันทึกหลายประเภทอย่างระมัดระวัง เพื่อให้แน่ใจว่าจะไม่มีการคัดลอกอย่าง ไม่ตั้งใจหรือโดยไม่ได้รับอนุญาต รวมทั้งการดัดแปลง เปิดเผย หรือทำ�ลาย ข้อมูลนั้น คุณมีหน้าที่ในการปกป้องและจัดการซอฟต์แวร์และสิทธิใน ทรัพย์สินทางปัญญา ในทางเดียวกัน ซอฟต์แวร์ทั้งหมดที่ใช้งานในคอมพิวเตอร์ของเราต้อง สอดคล้องกับข้อผูกมัดตามสัญญาของ Avient รวมทั้งกฎหมายลิขสิทธิ์ และ ข้อกำ�หนดเรื่องการให้สิทธิใช้งานซอฟต์แวร์ที่เหมาะสม คุณต้องไม่คัดลอก หรือติดตั้งซอฟต์แวร์ในคอมพิวเตอร์เครื่องอื่นอันเป็นการฝ่าฝืนข้อตกลง เรื่องการให้สิทธิใช้งานของเรา คุณยังถูกห้ามมิให้มอบซอฟต์แวร์ของเราแก่ บุคคลอื่นใดเพื่อการใช้งานนอกบริษัทของเราด้วย เอกสารหรือเนื้อหาที่มีลิขสิทธิ์ที่บุคคลภายนอกรายอื่นเป็นเจ้าของ เช่น นิตยสาร หนังสือและโบรชัวร์สามารถนำ�มาคัดลอกเพื่อใช้งานได้หากเจ้าของ ลิขสิทธิ์อนุญาตเท่านั้น ขอ้มลูภายในและขอ้มลูการคา้ ที่ Avient คุณอาจได้รับทราบข้อมูลสำ�คัญที่เกี่ยวข้องกับ Avient หรือบริษัท ใดๆ ที่เราทำ�ธุรกิจด้วย ซึ่งเป็นข้อมูลที่ยังไม่ได้เปิดเผยต่อสาธารณะ การที่ บุคคลใดก็ตาม (กรรมการ เจ้าหน้าที่ หรือผู้ร่วมงาน) ใช้ประโยชน์จากข้อมูล สาระสำ�คัญที่ยังไม่มีการเปิดเผย ซึ่งเป็นข้อมูลที่เกี่ยวข้องกับ Avient หรือ บริษัทใดๆ ที่เราทำ�ธุรกิจด้วย ถือเป็นสิ่งที่ผิดกฎหมายและขัดต่อนโยบายของ เรา ข้อมูลที่ถือเป็นสาระสำ�คัญคือข้อมูลที่สามารถส่งอิทธิพลต่อการตัดสินใจ ของนักลงทุนในการซื้อ ขาย หรือถือครองส่วนแบ่งในหุ้นของบริษัท ปฏิบัติ ตามกฎง่ายๆ สองข้อต่อไปนี้: 1.
https://www.avient.com/sites/default/files/2024-06/OnColor UL 94 Colorants Brochure.pdf
The UL 94 standard, which was originally a national standard in the USA, has gained international acceptance and is now widely used to classify plastic products and how they burn.
ONCOLOR™ UL 94 COLORANTS HOW TO USE THE TABLES UL HB GENERIC RESIN TYPE FLAME RATING MINIMUM THICKNESS (MM) MAXIMUM LET-DOWN RATIO Acetal Copolymer (POM) HB 1.50 1:20 Acrylonitrile Butadiene Styrene (ABS) HB 1.50 1:10 Ethylene Propylene Thermoplastic Rubber (EPTR) HB 1.50 1:20 High Impact Polystyrene (HIPS) HB 1.50 1:10 Liquid Crystal Polymer (LCP) HB 0.83 1:10 Polyamide (PA) HB 3.20 1:33 Polyamide (PA66 and PA 4/6) HB 0.81 1:20 Polyamide 6 (PA6) HB 0.75 1:25 Polyamide 66 (PA66) HB 0.40 1:40 Polybutylene Terephthalate (PBT) HB 0.81 1:20 Polybutylene Terephthalate/Polycarbonate (PBT/PC) HB 1.50 1:10 Polycarbonate (PC) HB 1.50 1:15 Polycarbonate/Acrylonitrile Butadiene Styrene (PC/ABS) HB 1.50 1:20 Polycarbonate/Polyethylene Terephthalate (PC/PET) HB 1.50 1:20 Polyethylene (PE) HB 1.50 1:50 Polyethylene Terephthalate (PET) HB 0.80 1:16.7 Polyketone HB 1.50 1:20 Polymethyl Methacrylate (PMMA) HB 3.00 1:25 Polypropylene (PP) HB 1.50 1:15 Polystyrene (PS) HB 0.83 1:15 Polyurethane (PUR) HB 1.50 1:25 Polyvinylchloride (PVC) HB 1.50 1:20 Styrene Acrylonitrile (SAN) HB 1.50 1:20 Thermoplastic Elastomer (TPE) HB 0.75 1:25 UL 94 V-0, V-1, V-2 ASCEND GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Polyamide 66 (PA66) 21X1(a)(f2), 21SPC1(a)(f2), 21SPF1(a)(f2), 21SPG1(a)(f2), 21SPM1(a)(f2), 20NSP1(a)(f2) 0.75 V-2 1:40 22HSP(e) 0.75 V-2 1:40 64C-R 3.0 V-2 1:50 ECO366(e) 0.4 V-0 1:40 ECO366H(e) 0.2 V-0 1:25 FR350J 0.4 V-0 1:25 20NSP(a)(f2), 21SPF(a)(f2), 21SPM(a)(f2), 21SPC(a)(f2) 0.4 V-2 1:40 20NSP(a)(h)(f2), 21SPF(a)(h)(f2), 21SPM(a)(h)(f2), 21SPC(a)(h) (f2) 1.5 V-2 1:20 Polyamide 66/6 (PA66/6) ECO315(e), ECO315J(e) 0.4 V-0 1:40 M344 3.0 V-0 1:25 909 0.75 V-0 1:25 UL 94 V-0, V-1, V-2 BASF GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Polyamide 6 (PA6) 8202(t1), 8202 Blend (t1) 0.71 V-2 1:25 8202C(t1), 8202C BLEND (t1) 1.50 V-2 1:25 8202CHS(t1) (t3), 8202C HS Blend 1.50 V-2 1:25 8202HS(t1) 1.50 V-2 1:25 B3S 0.80 V-2 1:25 1.50 V-2 1:25 B3S Q661 1.50 V-2 1:25 B3S R03 1.50 V-2 1:25 8232G HSFR(t9), B3U10G5 (t9) 1.50 V-0 1:25 Polyamide 6/66 (PA6/66) C3U (m) 0.40 V-0 1:25 KR4205(m), C3U (m), C3U (t)(m) 0.40 V-0 1:25 KR4205, C3U 0.40 V-0 1:25 Polyamide 66 (PA66) 1000(b), 1310-(b), Ultramid A3K Q603(+) 1.50 V-2 1:10 A3K (o) Q790(g)(f2) 0.41 V-2 1:20 A3K(f2), A3K Q601(f2) 0.41 V-2 1:20 A3SK 0.41 V-2 1:25 A5 3.00 V-2 1:33 A3W(f1), A3W FC (f1) 0.75 V-2 1:10 A3K R01 (t)(g)(f2) 0.40 V-2 1:20 Polybutylene Terephthalate (PBT) B4406 G2 (o) Q798 1.50 V-0 1:20 B4406 G2(a), B4406 G2 (o) Q717(a) 1.50 V-0 1:20 B4406 G3 (o) Q798 1.50 V-0 1:20 B4406 G3(a), B4406 G3 (o) Q717(a) 1.50 V-0 1:20 B4406 G4 (o) Q798 1.50 V-0 1:20 B4406 G4(a2), B4406 G4 (o) Q717(a2) 1.50 V-0 1:20 B4406 G6 (o) Q798 3.00 V-0 1:12.5 B4406 G6(%) 1.50 V-0 1:20 B4406 G6(a1), B4406 G6 (o) Q717(a1), B4406 G6 (o) Q717 High Speed(a1) 1.50 V-0 1:20 B4406(a), B4406 (o) Q717(a) 1.50 V-0 1:20 B4406@ 1.50 V-0 1:20 B4450 G5, B4450 G5 (t) 0.40 V-2 1:50 Polyurethane (PUR) 11 85 A(a) FHF 000 (f2) 0.75 V-0 1:33 UL 94 V-0, V-1, V-2 CELANESE GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Liquid Crystal Polymer (LCP) A130(+), MT1310 1.50 V-0 1:40 Polyamide (PA) 132F(+)(f1), 135F(+)(f1) 0.75 V-2 1:20 HTNFR42G30NH 0.40 V-0 1:25 Polyamide 6/12 (PA6/12) 151, 151L 1.50 V-2 1:25 Polyamide 66 (PA66) A3 GF 25 V0XI 0.40 V-0 1:25 101(r9)(f1), 101F(r9)(f1), 101L(r9)(f1) 0.75 V-2 1:20 103FHS(+), 103HSL(+) 0.75 V-2 1:20 FR50(+)(f1) 0.35 V-0 1:20 FR7025V0F(+) 0.50 V-0 1:33 Polyamide 66/6 (PA66/6) FR72G25V0 0.80 V-0 1:25 Polyamide 66/6T (PA66/6T) FR95G25V0NH 0.40 V-0 1:25 HTNFR52G30BL(r3) 0.75 V-0 1:33 HTNFR52G30L(+), HTNFR52G30(+) 0.75 V-0 1:33 HTNFR52G30NH(r6) 0.40 V-0 1:25 0.75 V-0 1:10 HTNFR52G35BL 0.75 V-0 1:25 HTNFR52G35(+), HTNFR52G35 0.75 V-0 1:33 Polyamide 6T/ MPMDT HTNFR51G35L(+) 0.81 V-0 1:33 Polybutylene Terephthalate (PBT) 2016(b) 1.50 V-0 1:20 3116(b) 1.50 V-0 1:20 3216(b) 1.50 V-0 1:20 3316(b) 1.50 V-0 1:20 3316HF 1.50 V-0 1:20 LW9030FR 1.50 V-0 1:25 T841FR (r4) 1.50 V-0 1:25 Polyethylene Terephthalate (PET) FR530(l)(+)(f1), FR530L(l)(+)(f1) 0.75 V-0 1:25 Thermoplastic Elastomer (TPE) HTR8068 1.60 V-0 1:25 UL 94 V-0, V-1, V-2 DOMO GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Polyamide (PA) J 60X1 V30 0.40 V-0 1:25 Polyamide 6 (PA6) PSB 286 0.80 V-2 1:25 3.00 V-2 1:25 S 60X1 V30 0.75 V-0 1.25 Polyamide 66 (PA66) A 205F(r4) 0.38 V-2 1:25 A 225F 0.75 V-2 1:25 A 50H1 (r3)(f2) 0.40 V-0 1:25 A 30G1 0.40 V-0 1:25 COVESTRO GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Polycarbonate (PC) 2407 + (z)(f1) 0.75-2.60 V-2 1:10 2807 + MAS183 0.75 V-2 1:25 6455 + (z) 3.00 V-0 1:25 1.50 V-2 1:25 6485 + (z)(f1) 1.50 V-0 1:25 Polycarbonate/ Acrylonitrile Butadiene Styrene (PC/ABS) FR110 + 1.50 V-0 1:33 FR3005 HF + (z), FR3005 HF + BBS314 1.50 V-0 1:12.5 FR3010 + (z) 3.00 V-0 1:25 1.50 V-0 1:25 FR3010 HF + 3.00 V-0 1:25 FR3030 + 3.00 V-0 1:25 UL 94 V-0, V-1, V-2 ENVALIOR GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Polyamide 46 (PA46) TE250F6(h1)(j) 0.50 V-0 1:25 Polyamide 6 (PA6) F223-D(f1), F223-D /A(f1) 0.75 V-2 1:25 K222-KGV5(f1) 0.75 V-2 1:16.7 1.50 V-2 1:16.7 K-FKGS6/B(f1)(y) 0.80 V-0 1:25 Polyamide 66 (PA66) SG-KGS6/HV 0.75 V-0 1:25 Thermoplastic Elastomer (TPE) PL460-S 1.60 V-0 1:25 Polyamide 4T (PA4T) T11 (h) 0.40 V-0 1:20 UL 94 V-0, V-1, V-2 EXXONMOBIL LANXESS GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Ethylene Propylene Thermoplastic Rubber (EPTR) 251-80W232(f7) 1.50 V-2 1:20 251-92W232 1.50 V-0 1:20 251-70W232 1.50 V-0 1:10 1.00 V-2 1:10 GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Polyamide 6 (PA6) B30S+(f1) 1.50 V-2 1:25 B31SK+ 1.50 V-2 1:25 Polybutylene Terephthalate (PBT) B4235+ 1.50 V-0 1:10 TP364-302+, BF4232+(f1) 0.75 V-0 1:25 UL 94 V-0, V-1, V-2 SABIC GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Polybutylene Terephthalate (PBT) 310(w) 1.50 V-0 1:20 310SE0(w) 1.50 V-0 1:20 310SE0(w),310SE0R(w) 1.50 V-0 1:20 420SE0(f1)(w)(GG)(rr1) 1.50 V-0 1:20 420SE0(f1)(w)(GG)(rr2) 1.50 V-0 1:20 457(w) 1.50 V-0 1:20 457(w), 451(w) 1.50 V-0 1:20 553(a)(f1)(w) 1.50 V-0 1:20 553(a)(f1)(w), 553E(a)(f1)(w), 553U(a)(f1)(w) 1.50 V-0 1:20 553(w)(f1), 553M(w)(f1) 1.50 V-0 1:20 DR48(w) 1.50 V-0 1:20 DR48,DR48M 1.50 V-0 1:20 V4760(a2) 0.40 V-0 1:20 EXVX1259, ENH4550 0.40 V-0 1:20 771 0.75 V-0 1:25 Polybutylene Terephthalate/ Polycarbonate (PBT/PC) 357(f1)(w)(IC), 357M(f1)(w)(IC), 357U(f1)(w)(IC) 1.50 V-0 1:20 357(f1)(w)(IC), 357U(f1)(w)(IC) 1.50 V-0 1:20 357X(f1) 1.50 V-0 1:20 V3900WX(GG)(f1)(IA), V3901WX(GG)(f1)(IA) 3.00 V-0 1:20 1.50 V-0 1:20 357(w)(f2)(IC), 357M(w)(f2)(IC), 357U(w)(f2)(IC) 1.50 V-0 1:20 UL 94 V-0, V-1, V-2 SABIC GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Polycarbonate (PC) 221(f2) 1.50 V-2 1:25 221R(f2) 1.50 V-2 1:25 500(f2), 500R(f2) 3.00 V-0 1:33 503(f1) 3.00 V-0 10:1 1.50 V-0 10:1 503(f1), 503R(f1) 3.00 V-0 10:1 1.50 V-0 10:1 943(ab) 1.50 V-0 1:20 943(f1) 1.50 V-0 1:20 943(f1), 923(f1) 1.50 V-0 1:20 950A, 920ASR, FXD911A(GG), 940ASR 1.50 V-2 1:25 CFR7630(f1)(gg*) 1.50 V-0 1:25 ML5139R(f2) 3.00 V-0 1:33 950A, FXD911A(GG), 940ASR 3.00 V-0 1:25 943 1.50 V-0 1:20 920A 3.00 V-0 1:25 1.50 V-2 1:25 Polycarbonate/ Acrylonitrile Butadiene Styrene (PC/ABS) C2950 1.50 V-0 6:100 C6200(GG) 2.00 V-0 1:20 Acrylonitrile Styrene Acrylate/ Polycarbonate (ASA/PC) HRA222 (GG) 0.80 V-2 1:20 UL 94 V-0, V-1, V-2 SOLVAY (SYENSQO) OTHERS GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO Polyphenyl Sulfone (PPSU) R-5100 (r1)(##), R-5000 (r1)(##) 1.50 V-0 1:10 Polyphthalamide (PPA) AFA-4133 V0(+) (*) 0.75 V-0 1:25 BASE RESIN MANUFACTURER GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO ALBIS Polypropylene (PP) PP 13 CV2 14 1.50 V-2 1:25 AVIENT Polyvinylchloride (PVC) M3700(X), M3755(X) 1.50 V-0 1:25 M3900 1.50 V-0 1:25 CHI MEI Acrylonitrile Butadiene Styrene (ABS) PA-765(+) 1.50 V-0 1:10 Polycarbonate/ Acrylonitrile Butadiene Styrene (PC/ABS) PC-510(+) 1.50 V-0 1:25 EMS-CHEMIE Polyamide 6 (PA6) Grilon A 26 V0 0.75 V-0 1:25 FORMOSA Polycarbonate (PC) #1700+(f2) 0.36-0.42 V-2 1:50 GEON Polyvinylchloride (PVC) 85891(f1) 1.70 V-0 1:20 85891(f2) 1.70 V-0 1:20 M3700(X) 1.50 V-0 1:25 M3900 1.50 V-0 1:10 1:25 INEOS Polystyrene (PS) 855 HV 3.00 V-1 100:4 INVISTA Polyamide 66 (PA66) FRU4800 XHL (r1) 0.40 V-0 1:25 U4820L (r1) 0.40 V-2 1:25 UL 94 V-0, V-1, V-2 OTHERS BASE RESIN MANUFACTURER GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO KINGFA Polyamide 66 (PA66) PA66-R11G25 (##) 0.25 V-0 1:25 KURARAY Polyamide 9T (PA9T) GP2300S 0.40 V-0 1:25 LG CHEM Polycarbonate/ Acrylonitrile Butadiene Styrene (PC/ABS) LUPOY GP-5106-F 3.00 V-0 1:20 LOTTE CHEMICAL Acrylonitrile Butadiene Styrene (ABS) VH-0800(+) 1.50 V-0 1:25 Polycarbonate (PC) HN-1064(+) 0.75 V-2 1:10 1.50 V-0 1:10 1.20 V-1 1:10 Polystyrene (PS) VH-1800+ 3.00 V-0 1:25 1.50 V-0 1:25 MITSUBISHI Polycarbonate (PC) S-2000+(f1) 1.50-1.80 V-2 1:10 POLYMER PRODUCTS Polystyrene (PS) ZYNTAR 351 2.00 V-0 1:20 1.50 V-0 1:20 ZYNTAR 7000 2.00 V-0 1:25 ZYNTAR 702 2.00 V-0 1:25 8020 2.00 V-0 1:20 8120 2.00 V-0 1:20 8130 1.50 V-0 1:20 POLYMER RESOURCES Polycarbonate (PC) PC-FR1A-D, PC- FR2A-D, PC-FR3A-D 3.00 V-0 1:33 1.50 V-2 1:33 SUMITOMO Liquid Crystal Polymer (LCP) E6007LHF(ra) 0.30 V-0 1:25 E6007LHF-MR(gt) 0.20 V-0 1:12.5 UL 94 V-0, V-1, V-2 OTHERS BASE RESIN MANUFACTURER GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING MAXIMUM LET-DOWN RATIO TORAY Polyamide 6 (PA6) 1017 1.60 V-2 1:16.5 Polyamide 66 (PA66) 3004-V0(rr), CM3004-V0(rr) 0.40 V-0 1:25 TRINSEO Polycarbonate (PC) 891(w) 1.10 V-0 1:25 WELLMAN Polyamide 66/6 (PA66/6) 220-N, 21L-N, 22L-N 1.50 V-2 1:25 WESTLAKE Polyvinylchloride (PVC) 6597(f1), HF-6597(f1) 1.50 V-0 1:25 SP-7107 (f1)(a) 3.00 V-0 1:25 5VA AND 5VB BASE RESIN MANUFACTURER GENERIC RESIN TYPE SPECIFIC BASE RESIN MINIMUM THICKNESS (MM) FLAME RATING COLORS MAXIMUM LET-DOWN RATIO AVIENT Polyvinylchloride (PVC) M3900 1.50 5VB ALL 1:25 WHITE 1:10 CELANESE Polyamide 66/6T (PA66/6T) FR95G25V0NH 1.50 5VA ALL 1:25 Polybutylene Terephthalate (PBT) LW9030FR 2.00 5VA BLACK 1:25 3.00 5VA ALL 1:25 SK642FR 1.50 5VA BLACK 1:25 COVESTRO Polycarbonate/ Acrylonitrile Butadiene Styrene (PC/ABS) FR3010 + (z) 3.00 5VA ALL 1:25 GEON Polyvinylchloride (PVC) M3900 1.50 5VB ALL 1:25 WHITE 1:10 SABIC Polybutylene Terephthalate/ Polycarbonate (PBT/PC) V3900WX(GG)(f1)(IA), V3901WX(GG)(f1)(IA) 3.00 5VA ALL 1:20 1.844.4AVIENT www.avient.com Copyright © 2024, Avient Corporation.
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Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: Our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities; The timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of service or quality caused by such closings and/or production shifts; Separation and severance amounts that differ from original estimates; Amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from original estimates; Our ability to identify and evaluate acquisition targets and consummate acquisitions; The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies, retain relationships with customers of acquired companies, and achieve the expected results of such acquisitions, including whether such businesses will be accretive to our earnings; 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 financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; The speed and extent of an economic recovery, including the recovery of the housing market; Our ability to achieve new business gains; The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; Changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; 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 or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; An inability to raise or sustain prices for products or services; An inability to maintain appropriate relations with unions and employees; Our ability to continue to pay cash dividends; The amount and timing of repurchases of our common shares, if any; and Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation. The above list of factors is not exhaustive. We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Addressable market exceeds $40 billion Strong performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with strengths Innovation and services provide differentiation, incremental pricing power and competitive advantage Strong and proven management team driving growth and performance 21 POLYONE CORPORATION Segment Highlights POLYONE CORPORATION 22 2015 Revenue: $0.8 Billion At a Glance: Color, Additives & Inks Key Applications 2015 Revenue by Industry Expanding Profits 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 14.7% 16.7% 17.0% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD 2020 Operating Income % of Sales Platinum Vision United States 48% Europe 33% Asia 12% Latin America 5% Canada 2% Packaging 31% Industrial 13% B & C 11% W & C 11% Transportation 9% Consumer 8% Textiles 8% Healtchare 6% Appliances 2% E & E 1% POLYONE CORPORATION 23 2015 Revenue: $0.5 Billion At a Glance: Specialty Engineered Materials 2015 Revenue by Industry Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12.1% 14.7% 15.2% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD 2020 Operating Income % of Sales Platinum Vision Consumer 20% Transportation 19% E & E 16% W & C 15% Healthcare 11% Industrial 8% Packaging 5% Appliances 3% B & C 3% United States 49% Europe 29% Asia 20% Canada 2% Key Applications POLYONE CORPORATION 24 2015 Revenue: $0.5 Billion At a Glance: Designed Structures & Solutions 2015 Revenue by Industry Expanding Profits 1.4% 5.6% 7.3% 3.0% 8-10% 0.3% 2012 2013 2014 2015 2016 YTD 2020 Operating Income % of Sales Platinum Vision Transportation 33% Industrial 24% Packaging 19% B & C 9% Healthcare 7% Consumer 5% Appliances 3% United States 97% Canada 3% Key Applications http://www.google.com/url?
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Patterson 12:00-1:00 PM Lunch PolyOne Corporation Page 7 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 – 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 • 18 consecutive quarters of double- digit adjusted EPS growth • Shift to faster growing, high margin, less cyclical end markets • Key acquisitions propel current and future growth, as well as margin expansion • Established aggressive 2015 targets • Continue specialty transformation • Targeting $2.50 adjusted EPS by 2015, nearly double 2013 EPS • Drive double digit operating income and adjusted EPS growth PolyOne Corporation Page 8 Specialty 54% PP&S 18% Distribution 28% 2013 Revenues: $3.8 Billion 2013 Revenues: $3.8 Billion United States 67% Europe 14% Canada 7% Asia 6% Latin America 6% $13 $31 $46 $46 $92 $96 $122 $195 $0 $50 $100 $150 $200 2006 2007 2008 2009 2010 2011 2012 2013 End Markets Specialty Operating Income PolyOne At a Glance Building & Construction 13% Industrial 12% Transportation 18% Wire & Cable 9% Packaging 16% Consumer 10% HealthCare 11% Appliance 6% Electronics & Electrical 5% PolyOne Corporation Page 9 Old PolyOne Transformation *Operating Income excludes corporate charges and special items 2% 34% 43% 62% 64% 0% 20% 40% 60% 80% 100% 2005 2008 2010 2013 Q1 2014 2015 % o f O p e ra ti n g I n c o m e * JV's Performance Products & Solutions Distribution Specialty 65-75% Specialty OI $5M $46M $87M $195M $60M Target Mix Shift Highlights Specialty Transformation 2015 Target PolyOne Corporation Page 10 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 11 -150.00% -50.00% 50.00% 150.00% 250.00% 350.00% 450.00% 550.00% PolyOne S&P 500 Strategy and Execution Drive Results $0.12 $0.27 $0.21 $0.13 $0.68 $0.82 $1.00 $1.31 '06 '07 '08 '09 '10 '11 '12 '13 ‘06-‘13 EPS CAGR = 41% EPS Share Price vs.
Strong past performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with our strengths Innovation and services provide differentiation, incremental pricing power, and competitive advantage Strong and proven management team driving growth and performance Addressable market exceeds $40 billion PolyOne Corporation Page 44 Appendix Kiosk Summaries Segments at a Glance Officer Biographies PolyOne Corporation Page 45 Anti-Counterfeiting Solutions Includes formulation and consultative services to assist manufacturers and brand owners in positively identifying their packaging, devices, end products and raw materials in the field Protects brand equity – defense against customer complaints or legal actions based on erroneous product identification Protects consumer welfare – decrease in potential harm to consumers, reduction in unwarranted recall expenses Secures supply chain integrity – support for safe expansion into new geographies PolyOne Corporation Page 46 Security and Safety Solutions Polycast™ Bullet Resistant Sheet, an optically clear, non-yellowing acrylic, provides ballistics protection against powerful weapons • High-impact resistance that foils “smash-and-grab” thieves GlasArmor™ Bullet Resistant Panels, a UL-listed solution with superior ballistic resistance yet weights 75% less than steel panel • Used in commercial security applications for business, home, and governmental facilities PolyOne Corporation Page 47 3D Printing Collaborating with customers using 3D printers to create prototypes and samples Enables customers to develop and test their products and innovations quickly and accurately 3D printing of molds and inserts allows OEMs to develop and test new product innovation using their own equipment and material of choice, more efficient than traditional processes PolyOne Corporation Page 48 Enhanced Ergonomic Technologies Versaflex™ VDT was developed to absorb vibration and noise in a broad range of applications, including minimally invasive surgical instruments, electronics, firearms, archery and automotive Can be overmolded onto a rigid substrate without the need for an adhesive to increase production efficiencies and profitability Creates value by: • Increasing end-user comfort • Eliminating secondary assembly • Differentiating end products PolyOne Corporation Page 49 Sustainable Solutions reFlex™ Bio-Based Plasticizer non- phthalate additive used to make vinyl more flexible • Derived primarily from soybeans rather than petroleum • Certified by USDA BioPreferred® program Wilflex™ Oasis Water-Based Inks satisfy consumer demand for eco- conscious products • Long screen life and production- friendly to improve operational efficiencies, increase design quality PolyOne Corporation Page 50 Color and Design Services First-of-its-kind offering that supports color and product development from concept to reality Helps brand managers and designers evaluate color and design alternatives to: – accelerate and streamline product development – strengthen brand equity – build marketplace excitement Enhances product differentiation Improves efficiency and profitability PolyOne Corporation Page 51 Metal Replacement Technology Portfolio of solutions that meet upper range of performance requirements, removing barriers to replacing metal with polymers Applications include: • LED heat sinks • Electronic shielding (EMI/RFI) • Structural integrity at elevated temperatures (i.e., large appliances) • Lead-free radiation shielding (i.e., CT scanners) Creates value by eliminating the need for machining and secondary operations, removing weight, streamlining production and improving cost efficiencies PolyOne Corporation Page 52 Medical Device Solutions Catheters made using NEU™ View patent-pending technology are optically translucent, and have superior contrast under X-ray (radiopaque) when compared with alternative catheter materials Formulations for cardiovascular and intravascular catheters are application-specific, incorporating medical-grade polymers, additives, color, and healthcare-centric manufacturing practices Only commercially available product that has excellent visibility, both optically and under X-ray, to bolster clinician confidence and offer significant market advantage PolyOne Corporation Page 53 Consumer Electronics Solutions Ability to offer multiple technology solutions on a global basis for this industry, where many OEMs design in one region, prototype in another, and manufacture in yet another Sustainable / “green” solutions help customers to differentiate in this market New formulations for emerging wearables market that meet skin contact requirements and aesthetic needs PolyOne Corporation Page 54 Appliances 4% Building & Construction 4% Consumer 17% Electrical & Electronics 16% Healthcare 12% Industrial 8% Packaging 7% Transportation 19% Wire & Cable 13% At a Glance Global Specialty Engineered Materials 2013 Revenues: $0.6 Billion Solutions 2013 Revenue by Industry Segment Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12-16% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 2015 Operating Income % of Sales Target United States 43% Europe 33% Canada 2% Asia 18% Latin America 4% 11.6% PolyOne Corporation Page 55 Appliances 2% Building & Construction 11% Consumer 5% Electrical & Electronics 6% Healthcare 7% Industrial 13% Packaging 34% Transportation 10% Wire & Cable 12% Target At a Glance Global Color, Additives and Inks 2013 Revenues: $0.9 Billion Solutions Expanding Profits 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 12-16% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 2015 Operating Income % of Sales United States 44% Europe 37% Canada 2% Asia 11% Latin America 6% 2013 Revenue by Industry Segment 13.8% PolyOne Corporation Page 56 At a Glance Designed Structures and Solutions Solutions 2013 Revenues: $0.6 Billion Expanding Profits 2.2% 8 - 10% 6.5% 2012 PF Q1 2013 Q1 2014 2015 Operating Income % of Sales 0.2% Target United States 96% Canada 3% Latin America 1% Appliances 2% Building & Construction 10% Consumer 11% Healthcare 6% Industrial 13% Packaging 32% Transportation 26% 2013 Revenue by Industry Segment PolyOne Corporation Page 57 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2013 Revenues: $0.8 Billion United States 81% Europe 1% Canada 14% Asia 2% Latin America 2% 9-12% Target 2013 Revenue by Industry Segment Appliances 8% Building & Construction 34% Consumer 4% Electrical & Electronics 3% Healthcare 1%Industrial 10% Packaging 6% Transportation 16% Wire & Cable 18% 2015 7.7% PolyOne Corporation Page 58 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 6 - 7.5% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 2015 Operating Income % of Sales 15.3% 46.0% 2006 Q1 2014 At a Glance Distribution *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Solutions 2013 Revenues: $1.1 Billion ROIC* Expanding Profits Target Appliances 5% Building & Construction 5% Consumer 14% Electrical & Electronics 5% Healthcare 24% Industrial 16% Packaging 5% Transportation 23% Wire & Cable 3% 6.1% http://www.polyone.com/Pages/VariationRoot.aspx
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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 – 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 5 Appliances 5% Building & Construction 12% Consumer 10% Electrical & Electronics 5% Healthcare 11% Industrial 14% Packaging 14% Transportation 20% Wire & Cable 9% Distribution 28% PP&S 20% Specialty 52% United States 69% Europe 13% Canada 7% Asia 6% Latin America 5% 2014 Revenues: $3.8 Billion End Markets 2014 Revenues: $3.8 Billion PolyOne At A Glance $13 $31 $46 $46 $92 $96 $122 $195 $242 2006 2007 2008 2009 2010 2011 2012 2013 2014 Specialty Operating Income ($M) PolyOne Corporation Page 6 Old PolyOne *Operating Income excludes corporate charges and special items 2% 34% 43% 62% 65% 69% 0% 20% 40% 60% 80% 100% 2005 2008 2010 2013 2014 Q1 2015 2020 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty 80%+ Specialty OI $5M $46M $87M $195M $242M $60M Mix Shift Highlights Specialty Transformation Transformation 2020 Platinum Vision Platinum Vision PolyOne Corporation Page 7 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 8 -100% 0% 100% 200% 300% 400% 500% 600% 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.
Addressable market exceeds $40 billion Strong performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with our strengths Innovation and services provide differentiation, incremental pricing power, and competitive advantage Strong and proven management team driving growth and performance PolyOne Corporation Page 18 Appendix PolyOne Corporation Page 19 $0.17 $0.22 $0.24 $0.31 $0.44 $0.46 $0.00 $0.25 $0.50 Q1'10 Q1'11 Q1'12 Q1'13 Q1'14 Q1'15 Adjusted EPS $30 $34 $25 $30 $35 Q1 2014 Q1 2015 GCAI Operating Income (in millions) $18 $23 $15 $20 $25 Q1 2014 Q1 2015 GSEM Operating Income (in millions) Q1 2015 Financial Highlights Global Specialty Engineered Materials’ operating margin of 16.3% above the 2015 target Global Color Additives and Inks’ operating margin grew to 16.2% First quarter adjusted EPS has grown on average 23% per year since 2010 +26% +11% PolyOne Corporation Page 20 Appliances 2% Building & Construction 12% Consumer 7% Electrical & Electronics 1% Healthcare 6% Industrial 14% Packaging 31% Textiles 7% Transportation 8% Wire & Cable 12% 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 16.2% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2020 Operating Income % of Sales At a Glance Global Color, Additives and Inks 2014 Revenues: $0.9 Billion Solutions Expanding Profits 2014 Revenue by Industry Segment 14.7% Platinum Vision United States 44% Europe 36% Canada 2% Asia 12% Latin America 6% PolyOne Corporation Page 21 Appliances 4% Building & Construction 3% Consumer 18% Electrical & Electronics 16% Healthcare 12% Industrial 8% Packaging 5% Transportation 20% Wire & Cable 12% At a Glance Global Specialty Engineered Materials 2014 Revenues: $0.6 Billion Solutions 2014 Revenue by Industry Segment Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 16.3% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2020 Operating Income % of Sales Platinum Vision 12.1% United States 44% Europe 33% Canada 2% Asia 19% Latin America 2% PolyOne Corporation Page 22 Appliances 2% Building & Construction 8% Consumer 5% Healthcare 6% Industrial 23% Packaging 27% Transportation 30% United States 96% Canada 4% At a Glance Designed Structures and Solutions Solutions 2014 Revenues: $0.6 Billion Expanding Profits 2014 Revenue by Industry Segment 1.4% 5.6% 7.3% 2.7% 12-14% 2012 2013 2014 Q1 2015 2020 Operating Income % of Sales Platinum Vision PolyOne Corporation Page 23 Appliances 8% Building & Construction 33% Consumer 5% Electrical & Electronics 3% Healthcare 1% Industrial 11% Packaging 5% Transportation 18% Wire & Cable 16% 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 6.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2020 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2014 Revenues: $0.8 Billion 10-12% Platinum Vision 2014 Revenue by Industry Segment 7.7% United States 80% Canada 14% Asia 2% Latin America 4% PolyOne Corporation Page 24 Appliances 6% Building & Construction 5% Consumer 13% Electrical & Electronics 6% Healthcare 23% Industrial 15% Packaging 4% Transportation 25% Wire & Cable 3% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 5.9% 6.5-7.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2020 Operating Income % of Sales 15% 50% 2006 Q1 2015 At a Glance Distribution Key Suppliers 2014 Revenues: $1.1 Billion ROIC Expanding Profits 6.1% Platinum Vision http://www.polyone.com/Pages/VariationRoot.aspx PolyOne Corporation Page 25 2 lbs Plastic = 3 lbs aluminum or 8 lbs steel or 27 lbs glass 33% less material by weight than aluminum 75% less material by weight than steel 93% less material by weight than glass Requires 91% less energy to recycle a pound of plastic versus a pound of paper Source: SPI: Sustainability and the Plastics Industry Plastics: Key to Future Sustainable Development PolyOne Corporation Page 26 Commitment to Operational Excellence 81% 93% 2006 2014 16.2% 9.9% 2006 2014 On-Time Delivery Working Capital % of Sales 5% 43% 2006 2014 Percent of Associates Trained in LSS Four consecutive years – CFO Magazine Best Working Capital Management in the chemical industry World’s Best Business Process Excellence Program in 2012* 103 trained Black Belts 247 trained Green Belts 127 trained Kaizen Leaders World’s Best Start-up Program for Lean Six Sigma Deployment in 2009* *Both awards received from International Quality and Productivity Center PolyOne Corporation Page 27 Application Examples PolyOne Corporation Page 28 $1.5 billion attractive, growing market Additives improve performance and reduce cost through light-weighting, reduced waste, faster cycle times, and extended shelf life of finished product Aligned with megatrend of protecting the environment: Sustainability benefits include lower package weight and improved recyclability of package at end of use Market Opportunity Leading Global Supplier of Additives In Growing PET Market Shelf-life extension Greater product consistency Recyclability and reduced carbon footprint Color and Special Effects Weight reduction Enhanced product aesthetics High heat resistance PET Bottling Technology 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 2009 2014 2019 Asia Pacific North America Latin America Western Europe Eastern Europe Middle East and Africa Global PET Packaging Growth 2009-2019 Source: Euromonitor retail off-trade consumption (PET bottles & jars, home care, personal care, food & non-alcoholic beverages) B ill io n un its 5% CAGR PolyOne Corporation Page 29 • Includes formulation and consultative services to assist manufacturers and brand owners in positively identifying their finished goods • Protects brand equity & consumer welfare • Reduces exposure to unwarranted recall expenses • Secures supply chain integrity – support for safe expansion into new geographies Authentication Technology PolyOne Corporation Page 30 • Color harmonization across 15 unique color-and-polymer combinations • Eliminated need for multiple pre- colored materials • Reduced Land Rover’s working capital 2015 Range Rover Evoque Interior PolyOne Corporation Page 31 • Reduced health and environmental impact • System cost reduction • Radiation-shielding performance • Parts consolidation • Design freedom CT Scanner PolyOne Corporation Page 32 Metal Replacement Solutions • Replaces metal in LED lighting • Extends LED durability and life span eliminating hot spots • Greater design flexibility with fewer parts • Weight reduction • Simplifies manufacturing and lowers total production cost PolyOne Corporation Page 33 Next Generation Solar Charger • Ginkgo Solar Tree charger utilizing our unique reSound™ material • reSound™ is a durable material consisting of 50% bio-derived plastic and 50% traditional petroleum-based plastic • Use of reSound™ reduced the carbon footprint for this product by 35% • reSound™ Is classified as a PolyOne Sustainable SolutionSM PolyOne Sustainable SolutionSM PolyOne Corporation Page 34 High-Barrier Packaging Containers • Capability to extrude up to 13 layers • Strong oxygen and moisture vapor transmission protection • Can be made symmetrical or asymmetrical to meet customized needs of broad variety of applications • Barrier protection and superior organoleptic properties PolyOne Corporation Page 35 Aerospace Applications • Leading provider of specialty materials for the aerospace industry • Typical applications Mil-spec aircraft windows, canopies, windscreens, instrument panels, wingtip lenses Interior – gallery furnishings, tray tables, arm rests, trim strips, joint/edge coverings • Benefits: High impact strength Resistant to UV rays Flame and smoke compliance Easy to clean with aggressive cleaners; anti-microbial grades available Range of sizes, thicknesses, colors, etc. 1 Schedule I Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with U.S.
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Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: Our ability to realize anticipated savings and operational benefits from the realignment of assets, including the closure of manufacturing facilities; The timing of closings and shifts of production to new facilities related to asset realignments and any unforeseen loss of customers and/or disruptions of service or quality caused by such closings and/or production shifts; Separation and severance amounts that differ from original estimates; Amounts for non-cash charges related to asset write-offs and accelerated depreciation realignments of property, plant and equipment, that differ from original estimates; Our ability to identify and evaluate acquisition targets and consummate acquisitions; The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies, retain relationships with customers of acquired companies, and achieve the expected results of such acquisitions, including whether such businesses will be accretive to our earnings; 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 financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; The speed and extent of an economic recovery, including the recovery of the housing market; Our ability to achieve new business gains; The effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; Changes in polymer consumption growth rates and laws and regulations regarding the disposal of plastic in jurisdictions where we conduct business; Changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; 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 or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; An inability to raise or sustain prices for products or services; An inability to maintain appropriate relations with unions and employees; Our ability to continue to pay cash dividends; The amount and timing of repurchases of our common shares, if any; and Other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation. The above list of factors is not exhaustive. We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise.
Addressable market exceeds $40 billion Strong performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with strengths Innovation and services provide differentiation, incremental pricing power and competitive advantage Strong and proven management team driving growth and performance 21 POLYONE CORPORATION Segment Highlights POLYONE CORPORATION 22 2015 Revenue: $0.8 Billion At a Glance: Color, Additives & Inks Key Applications 2015 Revenue by Industry Expanding Profits 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 14.7% 16.7% 17.0% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD 2020 Operating Income % of Sales Platinum Vision United States 48% Europe 33% Asia 12% Latin America 5% Canada 2% Packaging 31% Industrial 13% B & C 11% W & C 11% Transportation 9% Consumer 8% Textiles 8% Healtchare 6% Appliances 2% E & E 1% POLYONE CORPORATION 23 2015 Revenue: $0.5 Billion At a Glance: Specialty Engineered Materials 2015 Revenue by Industry Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12.1% 14.7% 15.2% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 YTD 2020 Operating Income % of Sales Platinum Vision Consumer 20% Transportation 19% E & E 16% W & C 15% Healthcare 11% Industrial 8% Packaging 5% Appliances 3% B & C 3% United States 49% Europe 29% Asia 20% Canada 2% Key Applications POLYONE CORPORATION 24 2015 Revenue: $0.5 Billion At a Glance: Designed Structures & Solutions 2015 Revenue by Industry Expanding Profits 1.4% 5.6% 7.3% 3.0% 8-10% 0.3% 2012 2013 2014 2015 2016 YTD 2020 Operating Income % of Sales Platinum Vision Transportation 33% Industrial 24% Packaging 19% B & C 9% Healthcare 7% Consumer 5% Appliances 3% United States 97% Canada 3% Key Applications http://www.google.com/url?
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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 – 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 5 Appliances 5% Building & Construction 12% Consumer 10% Electrical & Electronics 5% Healthcare 11% Industrial 14% Packaging 14% Transportation 20% Wire & Cable 9% Distribution 28% PP&S 20% Specialty 52% United States 69% Europe 13% Canada 7% Asia 6% Latin America 5% 2014 Revenues: $3.8 Billion End Markets 2014 Revenues: $3.8 Billion PolyOne At A Glance $13 $31 $46 $46 $87 $96 $122 $195 $242 2006 2007 2008 2009 2010 2011 2012 2013 2014 Specialty Operating Income ($M) PolyOne Corporation Page 6 Old PolyOne *Operating Income excludes corporate charges and special items 2% 34% 43% 62% 65% 69% 0% 20% 40% 60% 80% 100% 2005 2008 2010 2013 2014 Q1 2015 2015 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty 65-75% Specialty OI $5M $46M $87M $195M $242M $60M Target Mix Shift Highlights Specialty Transformation Transformation 2015 Target PolyOne Corporation Page 7 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 8 -100% 0% 100% 200% 300% 400% 500% 600% 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.
Addressable market exceeds $40 billion Strong performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with our strengths Innovation and services provide differentiation, incremental pricing power, and competitive advantage Strong and proven management team driving growth and performance PolyOne Corporation Page 17 Appendix PolyOne Corporation Page 18 $0.44 $0.46 $0.40 $0.45 $0.50 Q1 2014 Q1 2015 Adjusted EPS $30 $34 $25 $30 $35 Q1 2014 Q1 2015 GCAI Operating Income (in millions) $18 $23 $15 $20 $25 Q1 2014 Q1 2015 GSEM Operating Income (in millions) Q1 2015 Financial Highlights Global Specialty Engineered Materials’ operating margin of 16.3% above the 2015 target Global Color Additives and Inks’ operating margin grew to 16.2% Adjusted EPS growth despite unfavorable foreign exchange and market dynamics • Ex. currency, EPS grew 10.5% +5% +26% +11% PolyOne Corporation Page 19 Appliances 2% Building & Construction 12% Consumer 7% Electrical & Electronics 1% Healthcare 6% Industrial 14% Packaging 31% Textiles 7% Transportation 8% Wire & Cable 12% 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 12-16% 16.2% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2015 Operating Income % of Sales At a Glance Global Color, Additives and Inks 2014 Revenues: $0.9 Billion Solutions Expanding Profits 2014 Revenue by Industry Segment 14.7% Target United States 44% Europe 36% Canada 2% Asia 12% Latin America 6% PolyOne Corporation Page 20 Appliances 4% Building & Construction 3% Consumer 18% Electrical & Electronics 16% Healthcare 12% Industrial 8% Packaging 5% Transportation 20% Wire & Cable 12% At a Glance Global Specialty Engineered Materials 2014 Revenues: $0.6 Billion Solutions 2014 Revenue by Industry Segment Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12-16% 16.3% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2015 Operating Income % of Sales Target 12.1% United States 44% Europe 33% Canada 2% Asia 19% Latin America 2% PolyOne Corporation Page 21 Appliances 2% Building & Construction 8% Consumer 5% Healthcare 6% Industrial 23% Packaging 27% Transportation 30% United States 96% Canada 4% At a Glance Designed Structures and Solutions Solutions 2014 Revenues: $0.6 Billion Expanding Profits 2014 Revenue by Industry Segment 1.4% 5.6% 7.3% 2.7% 8-10% 2012 2013 2014 Q1 2015 2015 Operating Income % of Sales Target PolyOne Corporation Page 22 Appliances 8% Building & Construction 33% Consumer 5% Electrical & Electronics 3% Healthcare 1% Industrial 11% Packaging 5% Transportation 18% Wire & Cable 16% 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 6.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2015 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2014 Revenues: $0.8 Billion 9-12% Target 2014 Revenue by Industry Segment 7.7% United States 80% Canada 14% Asia 2% Latin America 4% PolyOne Corporation Page 23 Appliances 6% Building & Construction 5% Consumer 13% Electrical & Electronics 6% Healthcare 23% Industrial 15% Packaging 4% Transportation 25% Wire & Cable 3% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 5.9% 6-7.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Q1 2015 2015 Operating Income % of Sales 15% 52% 2006 2014 At a Glance Distribution Key Suppliers 2014 Revenues: $1.1 Billion ROIC Expanding Profits 6.1% Target http://www.polyone.com/Pages/VariationRoot.aspx PolyOne Corporation Page 24 2 lbs Plastic = 3 lbs aluminum or 8 lbs steel or 27 lbs glass 33% less material by weight than aluminum 75% less material by weight than steel 93% less material by weight than glass Requires 91% less energy to recycle a pound of plastic versus a pound of paper Source: SPI: Sustainability and the Plastics Industry Plastics: Key to Future Sustainable Development PolyOne Corporation Page 25 Commitment to Operational Excellence 81% 93% 2006 2014 16.2% 9.9% 2006 2014 On-Time Delivery Working Capital % of Sales 5% 43% 2006 2014 Percent of Associates Trained in LSS Four consecutive years – CFO Magazine Best Working Capital Management in the chemical industry World’s Best Business Process Excellence Program in 2012* 103 trained Black Belts 247 trained Green Belts 127 trained Kaizen Leaders World’s Best Start-up Program for Lean Six Sigma Deployment in 2009* *Both awards received from International Quality and Productivity Center PolyOne Corporation Page 26 Application Examples PolyOne Corporation Page 27 $1.5 billion attractive, growing market Additives improve performance and reduce cost through light-weighting, reduced waste, faster cycle times, and extended shelf life of finished product Aligned with megatrend of protecting the environment: Sustainability benefits include lower package weight and improved recyclability of package at end of use Market Opportunity Leading Global Supplier of Additives In Growing PET Market Shelf-life extension Greater product consistency Recyclability and reduced carbon footprint Color and Special Effects Weight reduction Enhanced product aesthetics High heat resistance PET Bottling Technology 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 2009 2014 2019 Asia Pacific North America Latin America Western Europe Eastern Europe Middle East and Africa Global PET Packaging Growth 2009-2019 Source: Euromonitor retail off-trade consumption (PET bottles & jars, home care, personal care, food & non-alcoholic beverages) B ill io n un its 5% CAGR PolyOne Corporation Page 28 • Includes formulation and consultative services to assist manufacturers and brand owners in positively identifying their finished goods • Protects brand equity & consumer welfare • Reduces exposure to unwarranted recall expenses • Secures supply chain integrity – support for safe expansion into new geographies Authentication Technology PolyOne Corporation Page 29 • Color harmonization across 15 unique color-and-polymer combinations • Eliminated need for multiple pre- colored materials • Reduced Land Rover’s working capital 2015 Range Rover Evoque Interior PolyOne Corporation Page 30 • Reduced health and environmental impact • System cost reduction • Radiation-shielding performance • Parts consolidation • Design freedom CT Scanner PolyOne Corporation Page 31 Metal Replacement Solutions • Replaces metal in LED lighting • Extends LED durability and life span eliminating hot spots • Greater design flexibility with fewer parts • Weight reduction • Simplifies manufacturing and lowers total production cost PolyOne Corporation Page 32 Next Generation Solar Charger • Ginkgo Solar Tree charger utilizing our unique reSound™ material • reSound™ is a durable material consisting of 50% bio-derived plastic and 50% traditional petroleum-based plastic • Use of reSound™ reduced the carbon footprint for this product by 35% • reSound™ Is classified as a PolyOne Sustainable SolutionSM PolyOne Sustainable SolutionSM PolyOne Corporation Page 33 High-Barrier Packaging Containers • Capability to extrude up to 13 layers • Strong oxygen and moisture vapor transmission protection • Can be made symmetrical or asymmetrical to meet customized needs of broad variety of applications • Barrier protection and superior organoleptic properties PolyOne Corporation Page 34 Aerospace Applications • Leading provider of specialty materials for the aerospace industry • Typical applications Mil-spec aircraft windows, canopies, windscreens, instrument panels, wingtip lenses Interior – gallery furnishings, tray tables, arm rests, trim strips, joint/edge coverings • Benefits: High impact strength Resistant to UV rays Flame and smoke compliance Easy to clean with aggressive cleaners; anti-microbial grades available Range of sizes, thicknesses, colors, etc. 1 Schedule I Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with U.S.
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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 – 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 5 Appliances 5% Building & Construction 12% Consumer 10% Electrical & Electronics 5% Healthcare 11% Industrial 14% Packaging 14% Transportation 20% Wire & Cable 9% Distribution 28% PP&S 20% Specialty 52% United States 69% Europe 13% Canada 7% Asia 6% Latin America 5% 2014 Revenues: $3.8 Billion End Markets 2014 Revenues: $3.8 Billion PolyOne At A Glance $13 $31 $46 $46 $87 $96 $122 $195 $242 2006 2007 2008 2009 2010 2011 2012 2013 2014 Specialty Operating Income ($M) PolyOne Corporation Page 6 Old PolyOne *Operating Income excludes corporate charges and special items 2% 34% 43% 62% 65% 67% 0% 20% 40% 60% 80% 100% 2005 2008 2010 2013 2014 YTD 2015 2020 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty 80%+ Specialty OI $5M $46M $87M $195M $242M $124M Mix Shift Highlights Specialty Transformation Transformation 2020 Platinum Vision Platinum Vision PolyOne Corporation Page 7 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 8 -100% 0% 100% 200% 300% 400% 500% 600% 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.
Addressable market exceeds $40 billion Strong performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with our strengths Innovation and services provide differentiation, incremental pricing power, and competitive advantage Strong and proven management team driving growth and performance PolyOne Corporation Page 18 Appendix PolyOne Corporation Page 19 $0.19 $0.26 $0.30 $0.37 $0.51 $0.57 $0.00 $0.25 $0.50 Q2'10 Q2'11 Q2'12 Q2'13 Q2'14 Q2'15 Adjusted EPS Q2 2015 Financial Highlights Global Color Additives & Inks operating margin reaches record level of 18.2% Global Specialty Engineered Materials operating margin grew 240 basis points year-over-year to 14.4% Second quarter adjusted EPS has grown on average 25% per year since 2010 $13 $14 $24 $31 $38 $40 $10 $30 $50 Q2'10 Q2'11 Q2'12 Q2'13 Q2'14 Q2'15 GCAI Operating Profit $12 $13 $13 $15 $19 $20 $10 $14 $18 $22 Q2'10 Q2'11 Q2'12 Q2'13 Q2'14 Q2'15 GSEM Operating Profit Note: $ in millions, except per share data PolyOne Corporation Page 20 Appliances 2% Building & Construction 12% Consumer 7% Electrical & Electronics 1% Healthcare 6% Industrial 14% Packaging 31% Textiles 7% Transportation 8% Wire & Cable 12% 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 17.2% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales At a Glance Global Color, Additives and Inks 2014 Revenues: $0.9 Billion Solutions Expanding Profits 2014 Revenue by Industry Segment 14.7% Platinum Vision United States 44% Europe 36% Canada 2% Asia 12% Latin America 6% PolyOne Corporation Page 21 Appliances 4% Building & Construction 3% Consumer 18% Electrical & Electronics 16% Healthcare 12% Industrial 8% Packaging 5% Transportation 20% Wire & Cable 12% At a Glance Global Specialty Engineered Materials 2014 Revenues: $0.6 Billion Solutions 2014 Revenue by Industry Segment Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 15.3% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales Platinum Vision 12.1% United States 44% Europe 33% Canada 2% Asia 19% Latin America 2% PolyOne Corporation Page 22 Appliances 2% Building & Construction 8% Consumer 5% Healthcare 6% Industrial 23% Packaging 27% Transportation 30% United States 96% Canada 4% At a Glance Designed Structures and Solutions Solutions 2014 Revenues: $0.6 Billion Expanding Profits 2014 Revenue by Industry Segment 1.4% 5.6% 7.3% 3.3% 12-14% 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales Platinum Vision PolyOne Corporation Page 23 Appliances 8% Building & Construction 33% Consumer 5% Electrical & Electronics 3% Healthcare 1% Industrial 11% Packaging 5% Transportation 18% Wire & Cable 16% 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 7.6% 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2014 Revenues: $0.8 Billion 10-12% Platinum Vision 2014 Revenue by Industry Segment 7.7% United States 80% Canada 14% Asia 2% Latin America 4% PolyOne Corporation Page 24 Appliances 6% Building & Construction 5% Consumer 13% Electrical & Electronics 6% Healthcare 23% Industrial 15% Packaging 4% Transportation 25% Wire & Cable 3% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 6.5% 6.5-7.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales 15% 52% 2006 Q2 2015 At a Glance Distribution Key Suppliers 2014 Revenues: $1.1 Billion ROIC Expanding Profits 6.1% Platinum Vision http://www.polyone.com/Pages/VariationRoot.aspx PolyOne Corporation Page 25 2 lbs Plastic = 3 lbs aluminum or 8 lbs steel or 27 lbs glass 33% less material by weight than aluminum 75% less material by weight than steel 93% less material by weight than glass Requires 91% less energy to recycle a pound of plastic versus a pound of paper Source: SPI: Sustainability and the Plastics Industry Plastics: Key to Future Sustainable Development PolyOne Corporation Page 26 Commitment to Operational Excellence 81% 93% 2006 2014 16.2% 9.9% 2006 2014 On-Time Delivery Working Capital % of Sales 5% 43% 2006 2014 Percent of Associates Trained in LSS Five consecutive years – CFO Magazine Best Working Capital Management in the chemical industry World’s Best Business Process Excellence Program in 2012* 114 trained Black Belts 222 trained Green Belts 140 trained Kaizen Leaders World’s Best Start-up Program for Lean Six Sigma Deployment in 2009* *Both awards received from International Quality and Productivity Center PolyOne Corporation Page 27 Application Examples PolyOne Corporation Page 28 $1.5 billion attractive, growing market Additives improve performance and reduce cost through light-weighting, reduced waste, faster cycle times, and extended shelf life of finished product Aligned with megatrend of protecting the environment: Sustainability benefits include lower package weight and improved recyclability of package at end of use Market Opportunity Leading Global Supplier of Additives In Growing PET Market Shelf-life extension Greater product consistency Recyclability and reduced carbon footprint Color and Special Effects Weight reduction Enhanced product aesthetics High heat resistance PET Bottling Technology 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 2009 2014 2019 Asia Pacific North America Latin America Western Europe Eastern Europe Middle East and Africa Global PET Packaging Growth 2009-2019 Source: Euromonitor retail off-trade consumption (PET bottles & jars, home care, personal care, food & non-alcoholic beverages) B ill io n un its 5% CAGR PolyOne Corporation Page 29 • Includes formulation and consultative services to assist manufacturers and brand owners in positively identifying their finished goods • Protects brand equity & consumer welfare • Reduces exposure to unwarranted recall expenses • Secures supply chain integrity – support for safe expansion into new geographies Authentication Technology PolyOne Corporation Page 30 • Color harmonization across 15 unique color-and-polymer combinations • Eliminated need for multiple pre- colored materials • Reduced Land Rover’s working capital 2015 Range Rover Evoque Interior PolyOne Corporation Page 31 • Reduced health and environmental impact • System cost reduction • Radiation-shielding performance • Parts consolidation • Design freedom CT Scanner PolyOne Corporation Page 32 Metal Replacement Solutions • Replaces metal in LED lighting • Extends LED durability and life span eliminating hot spots • Greater design flexibility with fewer parts • Weight reduction • Simplifies manufacturing and lowers total production cost PolyOne Corporation Page 33 Next Generation Solar Charger • Ginkgo Solar Tree charger utilizing our unique reSound™ material • reSound™ is a durable material consisting of 50% bio-derived plastic and 50% traditional petroleum-based plastic • Use of reSound™ reduced the carbon footprint for this product by 35% • reSound™ Is classified as a PolyOne Sustainable SolutionSM PolyOne Sustainable SolutionSM PolyOne Corporation Page 34 High-Barrier Packaging Containers • Capability to extrude up to 13 layers • Strong oxygen and moisture vapor transmission protection • Can be made symmetrical or asymmetrical to meet customized needs of broad variety of applications • Barrier protection and superior sensory properties PolyOne Corporation Page 35 Aerospace Applications • Leading provider of specialty materials for the aerospace industry • Typical applications Mil-spec aircraft windows, canopies, windscreens, instrument panels, wingtip lenses Interior – gallery furnishings, tray tables, arm rests, trim strips, joint/edge coverings • Benefits: High impact strength Resistant to UV rays Flame and smoke compliance Easy to clean with aggressive cleaners; anti-microbial grades available Range of sizes, thicknesses, colors, etc. 1 Schedule I Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with U.S.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Sachs%2520Conference%2520-%2520November%25202015.pdf
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 – 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 5 Appliances 5% Building & Construction 12% Consumer 10% Electrical & Electronics 5% Healthcare 11% Industrial 14% Packaging 14% Transportation 20% Wire & Cable 9% Distribution 28% PP&S 20% Specialty 52% United States 69% Europe 13% Canada 7% Asia 6% Latin America 5% 2014 Revenues: $3.8 Billion End Markets 2014 Revenues: $3.8 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 Adjusted EPS PolyOne Corporation Page 6 Old PolyOne *Operating Income excludes corporate charges and special items 2% 34% 43% 62% 65% 66% 0% 20% 40% 60% 80% 100% 2005 2008 2010 2013 2014 YTD 2015 2020 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty 80%+ Specialty OI $5M $46M $87M $195M $242M $183M Mix Shift Highlights Specialty Transformation Transformation 2020 Platinum Vision Platinum Vision PolyOne Corporation Page 7 2006 YTD 2015 2020 “Where we were” “Where we are” Platinum Vision 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 17.2% 20%+ Global Specialty Engineered Materials 1.1% 15.1% 20%+ Designed Structures & Solutions 1.4% (2012) 3.5% 12 – 14% Performance Products & Solutions 5.5% 8.1% 10 – 12% Distribution 2.6% 6.6% 6.5 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 66% 80%+ 3) ROIC 5.0% 11.9% 15% 4) Adjusted EPS Growth N/A 24 Consecutive Quarters of YOY EPS Growth Double Digit Expansion Proof of Performance & 2020 Goals PolyOne Corporation Page 8 Innovation Drives Earnings Growth *Percentage of Specialty Platform revenue from products introduced in last five years $20 $52 2006 TTM Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* 14% 28% 2006 TTM Specialty Platform Gross Margin % 12% 43% 2006 TTM Specialty Vitality Index Target ≥ 35% TTM 9/30/15 TTM 9/30/15 TTM 9/30/15 PolyOne Corporation Page 9 Innovation Pipeline Potential Prototype Frame Opportunity Scale-up & Test Market Build Business Case Commercial Launch Phase 1 Phase 2 Phase 3 Phase 4 Phase 5 12 4 9 6 1 6 3 7 4 5 6 1 1 7 2 Breakthrough Platform Derivative Number of Projects 12 10 23 19 10 74 Specialty Addressable Market ($ millions) - - $1,150 $1,000 $250 $2,400 PolyOne Corporation Page 10 Lightweighting with Advanced Composites Increasing Healthcare Penetration Innovation Initiatives Expansion in Consumer Markets New Market Development $$$ $$ $ High Temperature Polymers PolyOne Corporation Page 11 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 12 Customer First Through World-Class Service Strengthening relationships through: Providing LSS services to small/medium sized customers • Supporting customers who lack their own formal process improvement initiatives Providing training in Customer Centric Selling Skills with customers’ sales force PolyOne Corporation Page 13 60% 97% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 Q3 2015 Pension Funding** As of September 30, 2015 Debt Maturities & Pension Funding Net Debt / Adjusted EBITDA** = 2.1x $49 $121 $317 $600 $400 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2018 2020 2023 Debt Maturities As of September 30, 2015 ($ millions) Coupon Rate: 7.500% Variable* 7.375% 5.250% ** includes US-qualified pension plans only *Weighted average rate on revolver was 2.49% as of 9/30/15 **TTM 9/30/2015 PolyOne Corporation Page 14 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 2.4 million shares in Q3 2015 Repurchased 14.8 million shares since early 2013 5.2 million shares are available for repurchase under the current authorization $0.24 PolyOne Corporation Page 15 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
Addressable market exceeds $40 billion Strong performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with our strengths Innovation and services provide differentiation, incremental pricing power, and competitive advantage Strong and proven management team driving growth and performance PolyOne Corporation Page 16 Appendix PolyOne Corporation Page 17 $0.20 $0.28 $0.36 $0.49 $0.54 $0.00 $0.15 $0.30 $0.45 $0.60 Q3'11 Q3'12 Q3'13 Q3'14 Q3'15 Adjusted EPS Q3 2015 Financial Highlights Color Additives & Inks operating margin reaches record third quarter level of 17.3% Specialty Engineered Materials operating margin grew 210 basis points year-over-year to 14.7% Third quarter adjusted EPS has grown on average 28% per year since 2011 $13 $19 $29 $30 $35 $0 $10 $20 $30 $40 Q3'11 Q3'12 Q3'13 Q3'14 Q3'15 GCAI Operating Profit $11 $13 $15 $18 $20 $10 $14 $18 $22 Q3'11 Q3'12 Q3'13 Q3'14 Q3'15 GSEM Operating Profit Note: $ in millions, except per share data PolyOne Corporation Page 18 Appliances 2% Building & Construction 12% Consumer 7% Electrical & Electronics 1% Healthcare 6% Industrial 14% Packaging 31% Textiles 7% Transportation 8% Wire & Cable 12% 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 17.2% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales At a Glance Global Color, Additives and Inks 2014 Revenues: $0.9 Billion Solutions Expanding Profits 2014 Revenue by Industry Segment 14.7% Platinum Vision United States 44% Europe 36% Canada 2% Asia 12% Latin America 6% PolyOne Corporation Page 19 Appliances 4% Building & Construction 3% Consumer 18% Electrical & Electronics 16% Healthcare 12% Industrial 8% Packaging 5% Transportation 20% Wire & Cable 12% At a Glance Global Specialty Engineered Materials 2014 Revenues: $0.6 Billion Solutions 2014 Revenue by Industry Segment Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 15.1% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales Platinum Vision 12.1% United States 44% Europe 33% Canada 2% Asia 19% Latin America 2% PolyOne Corporation Page 20 Appliances 2% Building & Construction 8% Consumer 5% Healthcare 6% Industrial 23% Packaging 27% Transportation 30% United States 96% Canada 4% At a Glance Designed Structures and Solutions Solutions 2014 Revenues: $0.6 Billion Expanding Profits 2014 Revenue by Industry Segment 1.4% 5.6% 7.3% 3.5% 12-14% 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales Platinum Vision PolyOne Corporation Page 21 Appliances 8% Building & Construction 33% Consumer 5% Electrical & Electronics 3% Healthcare 1% Industrial 11% Packaging 5% Transportation 18% Wire & Cable 16% 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 8.1% 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2014 Revenues: $0.8 Billion 10-12% Platinum Vision 2014 Revenue by Industry Segment 7.7% United States 80% Canada 14% Asia 2% Latin America 4% PolyOne Corporation Page 22 Appliances 6% Building & Construction 5% Consumer 13% Electrical & Electronics 6% Healthcare 23% Industrial 15% Packaging 4% Transportation 25% Wire & Cable 3% 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 6.6% 6.5-7.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 YTD 2015 2020 Operating Income % of Sales 15% 52% 2006 Q3 2015 At a Glance Distribution Key Suppliers 2014 Revenues: $1.1 Billion ROIC Expanding Profits 6.1% Platinum Vision http://www.polyone.com/Pages/VariationRoot.aspx PolyOne Corporation Page 23 2 lbs Plastic = 3 lbs aluminum or 8 lbs steel or 27 lbs glass 33% less material by weight than aluminum 75% less material by weight than steel 93% less material by weight than glass Requires 91% less energy to recycle a pound of plastic versus a pound of paper Source: SPI: Sustainability and the Plastics Industry Plastics: Key to Future Sustainable Development PolyOne Corporation Page 24 Commitment to Operational Excellence 81% 93% 2006 2014 16.2% 9.9% 2006 2014 On-Time Delivery Working Capital % of Sales 5% 43% 2006 2014 Percent of Associates Trained in LSS Five consecutive years – CFO Magazine Best Working Capital Management in the chemical industry World’s Best Business Process Excellence Program in 2012* 113 trained Black Belts 235 trained Green Belts 151 trained Kaizen Leaders World’s Best Start-up Program for Lean Six Sigma Deployment in 2009* *Both awards received from International Quality and Productivity Center PolyOne Corporation Page 25 Application Examples PolyOne Corporation Page 26 Outdoor Applications • Leading provider of high performance specialty materials for the recreational and sports & leisure industry • Well positioned across all segments to address market needs Metal to Polymer Conversion Lightweighting Thermal Management Impact Performance Source: Outdoor Industry Association PolyOne Corporation Page 27 $1.5 billion attractive, growing market Additives improve performance and reduce cost through light-weighting, reduced waste, faster cycle times, and extended shelf life of finished product Aligned with megatrend of protecting the environment: Sustainability benefits include lower package weight and improved recyclability of package at end of use Market Opportunity Leading Global Supplier of Additives In Growing PET Market Shelf-life extension Greater product consistency Recyclability and reduced carbon footprint Color and Special Effects Weight reduction Enhanced product aesthetics High heat resistance PET Bottling Technology 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 2009 2014 2019 Asia Pacific North America Latin America Western Europe Eastern Europe Middle East and Africa Global PET Packaging Growth 2009-2019 Source: Euromonitor retail off-trade consumption (PET bottles & jars, home care, personal care, food & non-alcoholic beverages) B ill io n un its 5% CAGR PolyOne Corporation Page 28 • Includes formulation and consultative services to assist manufacturers and brand owners in positively identifying their finished goods • Protects brand equity & consumer welfare • Reduces exposure to unwarranted recall expenses • Secures supply chain integrity – support for safe expansion into new geographies Authentication Technology PolyOne Corporation Page 29 • Color harmonization across 15 unique color-and-polymer combinations • Eliminated need for multiple pre- colored materials • Reduced Land Rover’s working capital 2015 Range Rover Evoque Interior PolyOne Corporation Page 30 • Reduced health and environmental impact • System cost reduction • Radiation-shielding performance • Parts consolidation • Design freedom CT Scanner PolyOne Corporation Page 31 Metal Replacement Solutions • Replaces metal in LED lighting • Extends LED durability and life span eliminating hot spots • Greater design flexibility with fewer parts • Weight reduction • Simplifies manufacturing and lowers total production cost PolyOne Corporation Page 32 High-Barrier Packaging Containers • Capability to extrude up to 13 layers • Strong oxygen and moisture vapor transmission protection • Can be made symmetrical or asymmetrical to meet customized needs of broad variety of applications • Barrier protection and superior sensory properties PolyOne Corporation Page 33 Aerospace Applications • Leading provider of specialty materials for the aerospace industry • Typical applications Mil-spec aircraft windows, canopies, windscreens, instrument panels, wingtip lenses Interior – gallery furnishings, tray tables, arm rests, trim strips, joint/edge coverings • Benefits: High impact strength Resistant to UV rays Flame and smoke compliance Easy to clean with aggressive cleaners; anti-microbial grades available Range of sizes, thicknesses, colors, etc. 1 Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with U.S.