https://www.avient.com/sites/default/files/resources/PolyOne%25202012%2520Annual%2520Report.pdf
MCALINDON Vice President, Marketing DR.
As we performed, the market took notice.
Growth in the polymer distribution market is directly correlated with growth in the base polymer resins market.
https://www.avient.com/sites/default/files/2025-03/Cesa Raise Product Bulletin.pdf
The PET packaging market is experiencing significant growth, driven by increasing sustainability demands, higher recycling targets, and the shift away from alternative materials such as polystyrene (PS) or polypropylene (PP).
MARKETS & APPLICATIONS • Thermoformed, APET food packaging, including: - Hot steam sterilization - Hot fill - Microwave use • Polyester • Sheet extrusion & thermoforming KEY CHARACTERISTICS • Suitable for hot steam sterilization, hot fill, and microwave applications • Ideal for food-grade containers with high rigidity and improved gas barrier • Can withstand temperatures up to 100°C • Available in both transparent and opaque options • Processable on existing thermoforming lines with heated molds KEY BENEFITS • A fully circular monomaterial, up to 100% rPET polymer content • Promotion of the circularity of PET and the resulting packaging is possible • Helps customers to comply with the Packaging and Packaging Waste Regulation (PPWR) that demands recyclability of all packaging with binding PCR content targets by 2030 • Demonstrates improved productivity in comparison to CPET during thermoforming • Helps avoid possible EPR fees or penalties on difficult-to-recycle packaging PRODUCT BULLETIN Copyright © 2025, Avient Corporation.
https://www.avient.com/sites/default/files/2022-09/Omnicolor Product Bulletin.pdf
KEY CHARACTERISTICS • Multipurpose, multi-resin colorant concentrates • Formulated with high quality, heavy metal-free pigments • Carrier system designed for compatibility across different resin systems • Samples available with quick turnaround in small lots for customer evaluation • Available in a wide range of stock and standard colors* • Low LDRs—typically 1–3% • Low minimum order quantities for both stock and non-stock colors * Color availability dependent on region or country PRODUCT BULLETIN MARKETS AND APPLICATIONS Omnicolor Multipurpose Colorants can be used for injection molding, blow molding, or profile and sheet extrusion processes.
They are suitable for a wide variety of markets and applications, including: • Lawn and garden equipment • Tools and hardware • Consumer disposables • Sports/shooting sports Omnicolor is not suitable for FDA primary pharmaceutical packaging, cosmetic or medical applications, and may have limited food contact compliance.
https://www.avient.com/sites/default/files/2022-12/Cesa Anti-fog Plus Product Bulletin.pdf
With the ever-increasing demand for ready to eat and ready to cook foods, and the growth of the food deliver market, lids and protective films produced with this food contact-safe additives allow customers to see through the packaging, observing the quality of the content.
MARKETS AND APPLICATIONS Cesa Anti-fog Plus additives are formulated for use in transparent packaging of chilled fresh foods such as: • Fruit • Vegetables • Meat • Fresh fish • Ready-to-cook-food and ready-to-eat meals These anti-fog plus materials can be incorporated into mono and multi-layer films such as: • Lidding barrier film on rigid or semi-rigid containers • Stretch film • Shrink film
https://www.avient.com/sites/default/files/2020-09/pei-masterbatch-product-bulletin.pdf
Colorant Chromatics PEI colorants are designed specifically for use in these resins to help boost color consistency and streamline product development for increased speed to market.
KEY CHARACTERISTICS • Consistent coloring and improved homogenization with the polymer offer more efficient processing and waste reduction • Opaque PEI masterbatches available with shorter lead times and a range of readily available standard colors • Minimum order quantities as low as 5kg (10 lbs) for improved inventory control • Robust colorant formulations mean no disruptions to existing molding processes, allowing manufacturers to bring products to market faster and without investing in new machinery FEATURES AND COLORS PEI colorants are manufactured using 100% prime virgin PEI resin.
https://www.avient.com/sites/default/files/2021-10/gls-tpes-with-antimicrobial-technologies-product-bulletin.pdf
KEY CHARACTERISTICS • Protects finished part by inhibiting microbial and fungi growth • Extends useful life of finished TPE parts by controlling deterioration caused by mildew or mold fungus • Increases product durability, preserves surface integrity, and minimizes odors MARKETS & APPLICATIONS Suitable for high-touch surfaces and applications, GLS TPEs with antimicrobial technologies add value in the consumer, packaging and automotive markets.
https://www.avient.com/sites/default/files/2023-03/Syncure XLPE Product Bulletin.pdf
KEY CHARACTERISTICS • Resistant to heat, oil, creep and abrasion • Flame performance • Low temperature performance • Temperature ratings up to 125°C • High extrusion speeds, ambient curing properties and low capital investment • Conforms to UL-44, UL-4703 and CSA 22.2 requirements MARKETS AND APPLICATIONS Syncure XLPE formulations provide economical solutions for multiple end-use commercial and residential applications.
Suitable for both vertical and horizontal cable systems, the materials offer safe, sustainable and efficient solutions for low voltage power cable systems, including in solar and other specialty market applications.
https://www.avient.com/sites/default/files/2021-04/trilliant-hc-conductive-pipette-case-study.pdf
THE CHALLENGE A manufacturer of high-quality laboratory research products was eager to expand into the conductive pipette tip market.
High-quality conductive pipette tips must meet a number of demanding performance criteria, including: • Accurate measurement of minute quantities of liquid • Hydrophobic properties to minimize fluid retention • Concentric dimensions and warp resistance • Excellent chemical resistance The manufacturer asked Avient for a specialized solution to meet these exacting needs in a timely and efficient manner so they could capitalize on its market opportunity THE SOLUTION Avient’s sales and technical professionals worked closely with the manufacturer to understand the demanding requirements of the end-use application, manufacturing considerations and cost.
https://www.avient.com/sites/default/files/2021-03/wet-grip-tpe-surfco-case-study.pdf
Adding to that success, the material’s ability to retain traction when wet opened doors for SurfCo to expand into new markets and applications.
Charging ahead, the company has continued to leverage Avient’s technology and technical expertise to pursue the commercialization of additional anti-skid products for marine and military vessels, and non-slip products for the pool, bath, and walkway markets.
https://www.avient.com/sites/default/files/resources/POL%2520Sidoti%2520IR%2520Presentation%2520w%2520Non%2520GAAP%25203%252018%25202014.pdf
• Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: The final amount of charges resulting from the planned North American asset realignment and the Company’s ability to realize anticipated savings and operational benefits from the asset realignment; Our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies; Our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being accretive; 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 in the markets 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, employee productivity goals, and an inability to raise or sustain prices for products or services; An inability to raise or sustain prices for products or services; An inability to maintain appropriate relations with unions and employees; The inability to achieve expected results from our acquisition activities; 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.
Use of Non-GAAP Measures Page 3 PolyOne Commodity to Specialty Transformation Page 4 • Continue specialty transformation • Targeting $2.50 Adjusted EPS by 2015, nearly double 2013 EPS • Drive double digit operating income and adjusted EPS growth • 17 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 • 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 • Volume driven, commodity producer • Heavily tied to cyclical end markets • Performance largely dependent on non- controlling joint ventures 2000-2005 2006 - 2009 2010 – 2013 2014 and beyond -150.00% -50.00% 50.00% 150.00% 250.00% 350.00% PolyOne S&P 500 Russell 2000 Dow Jones Chemical All time high of $38.38 March 7th, 2014 • 17 consecutive quarters of double digit EPS growth • 49% CAGR adjusted EPS expansion 2006-2013 • 2013 stock price increased 73% versus 30% growth in the S&P • More than seven fold increase in market cap: $0.5b $3.6b Strategy and Execution Drive Results Page 5 Appliance 4% Building & Construction 13% Wire & Cable 9% Electrical & Electronics 5% Consumer 10%Packaging 16% Industrial 12% HealthCare 11% Transportation 18% Misc. 2% United States 66% Europe 14% Canada 7% Asia 6% Latin America 7% PP&S 20% Specialty 53% Distribution 27% 0.12 0.27 0.21 0.13 0.68 0.82 1.00 1.31 2.50 $0.00 $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 $2.00 $2.25 $2.50 2006 2007 2008 2009 2010 2011 2012 2013 2015 Target Ad ju st ed E ar ni ng s P er S ha re 2013 Revenues: $3.8 Billion End Markets 2013 Revenues: $3.8 Billion EPS Page 6 PolyOne At A Glance Old PolyOne Transformation *Operating Income excludes corporate charges and special items 2% 34% 43% 62% 65- 75% 0% 20% 40% 60% 80% 100% 2005 2008 2010 2013 2015 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty Specialty OI $5M $46M $87M $195M Target Mix Shift Highlights Specialty Transformation 2015 Target Page 7 2006 2013 2015 “Where we were” “Where we are” Target 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 12.2% 12 – 16% Global Specialty Engineered Materials 1.1% 9.3% 12 – 16% Designed Structures & Solutions -- 5.6% 8 – 10% Performance Products & Solutions 5.4% 7.2% 9 – 12% Distribution 2.6% 5.9% 6 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 62% 65 – 75% 3) ROIC* (after-tax) 5.0% 9.1% 15% 4) Adjusted EPS Growth N/A 31% Double Digit Expansion Proof of Performance & 2015 Goals *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Page 8 Bridge To $2.50 Adjusted EPS By 2015 2015 EPS: $2.50 2013 EPS: $1.31 Mid single digit revenue CAGR Page 9 Mergers & Acquisitions Spartech accretion Incremental share buybacks Ongoing LSS Programs (50-100 bps/yr) Accelerated Innovation & Mix Improvement Innovation Drives Earnings Growth $20.3 $52.3 2006 2013 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* *Percentage of Specialty Platform revenue from products introduced in last five years Page 10 14.3% 30.7% 2006 2013 Specialty Platform Gross Margin % 19.5% 43.0% 2006 2013 Healthcare Consumer Packaging and Additive Technology Transportation Page 11 Unique and Innovative Solutions that Help Customers Win https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG Net Debt / EBITDA* = 1.8x $48 $317 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Significant Debt Maturities As of December 31, 2013 ($ millions) Page 12 Coupon Rates: 7.500% 7.375% 5.250% Debt Maturities & Pension Funding – 12/31/13 *TTM 12/31/2013 ** includes US-qualified plans only 60% 100% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 2013 Pension Funding** As of December 31, 2013 Free Cash Flow and Strong Balance Sheet Fund Investment •Targets that expand our: • Specialty offerings •End market presence •Geographic footprint •Operating Margin • Synergy opportunities •Adjacent material solutions •Expanding our sales, marketing, and technical capabilities • Investing in operational and LSS initiatives (including synergy capture) •Manufacturing alignment Organic Growth Share Repurchases Dividends Acquisitions Page 13 $0.16 $0.20 $0.24 $0.32 $0.00 $0.10 $0.20 $0.30 $0.40 2011 2012 2013 2014 Annual Dividend • Repurchased ~5 million shares in 2013 • 15 million shares are available for repurchase under the current authorization The New PolyOne: A Specialty Growth Company 2015 Target: $2.50 Adjusted EPS Why Invest In PolyOne?
Strong past performance demonstrates that our strategy and execution are working • Megatrends 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 Page 14 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.