https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Presentation%2520Jefferies%25202013%2520Global%2520Industrial%2520Conference_Posting.pdf
You are advised to
consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.
In certain cases throughout this presentation, we
have presented GAAP and non-GAAP financial measures adjusted to reflect full-
year 2012 Pro forma results, including Spartech and Glasforms and excluding
discontinued operations
Net debt $ 638.8
Adjusted EBITDA Q3 2012 Q4 2012 Q1 2013 Q2 2013 Total
PolyOne Income before income taxes $ 30.6 $ (1.1) $ 15.7 $ 62.9 $ 108.1
PolyOne Interest expense, net 12.4 13.7 15.6 16.6 58.3
PolyOne Depreciation and amortization 17.0 15.5 19.0 25.8 77.3
PolyOne Special items in EBITDA 8.3 26.5 27.7 (5.2) 57.3
PolyOne Adjusted EBITDA 68.3 54.6 78.0 100.1 301.0
Pro forma Spartech EBITDA 16.8 14.7 11.2 - 42.7
Pro forma EBITDA $ 85.1 $ 69.3 $ 89.2 $ 100.1 $ 343.7
PolyOne Investor Presentation�Jefferies 2013 Global Industrials Conference��August 13, 2013�
Forward – Looking Statements
Use of Non GAAP Measures
Strategy and Execution Drive Results
Four Pillar Strategy
PolyOne�At A Glance
Mix Shift Highlights Specialty Transformation
Proof of Performance & 2015 Goals
Innovation Drives Earnings Growth
We are Experts in Polymer Science and Formulation
Positioned for Strong Growth
First Half 2013 Financial Highlights
Debt Maturities & Liquidity Summary – 6/30/13
Use of Cash
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2024-05/AVNT Q1 2024 Earnings Press Release_0.pdf
It is a positive start to the year, as we grew first quarter adjusted EPS by 21% over the prior
year," said Dr.
In Greater China, we also
saw year over year growth primarily from industrial and healthcare end markets.
We are focused on driving profitable, organic, top-line growth while expanding margins,"
added Dr.
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Performance%2520Products%2520and%2520Solutions.pdf
HealthCare
Transportation
8%
Textiles
Target
Page 85
• Trend toward more
affordable housing
favors our product
1.5
2.0
2.5
Housing Starts
(in million units)
50 year average
Market Dynamics
• Ultimate housing
recovery presents
substantial upside to
already record-
setting results
Source: Historical Data from the US Census Bureau,
2012 estimate is a PolyOne projection.
0.0
0.5
1.0
'87 '89 '91 '94 '96 '98 '00 '02 '04 '06 '08 '10 '12
Page 86
Value Proposition
• Premier provider of specialized vinyl and supply chain solutions, leading
the industry in innovation and service
Transformation Highlights
• Management upgrades ensure that each PP&S business
Value Proposition and Transformation Highlights
• Management upgrades ensure that each PP&S business
maximizes performance
• Asset realignment and Lean Six Sigma reduce costs
• Strengthened relationship with winning customers
• Increased differentiation in all business units
> $12B Addressable Market
Page 87
Key Differentiators
• Providing application design, material design
and / or process design assistance not available
from competitors
• Capability to improve joint value streams
• We are the best innovator in our space • We are the best innovator in our space
• Expanding customers’ opportunities
by providing innovative materials
and marketing ideas
• We provide world-class customer
service and delivery performance
Page 88
13.7% 14.3%
15.5%
9.9%
6.2%
5.4%
WC % of Sales
• Best-in-class working
capital management and
delivery performance
• Improved raw material
Areas of Focus – Operational Excellence
89.1%
92.0%
94.2%
93.4% 93.4% 94.0%
On-Time Delivery
• Improved raw material
positions, sourcing savings
• PolyOne pilot site for many
LSS and manufacturing
excellence programs
*As measured to customer request date
*
Page 89
• reFlexTM Bioplasticizers
Applications: Wide variety of flexible vinyl-based products
• GeonTM HC for Healthcare
� Applications: Medical device housings, specialty tubing
� Customer benefits: Withstand aggressive antiseptics
Key Innovations
� Applications: Wide variety of flexible vinyl-based products
� Customer benefits: Lower carbon footprint,
improved productivity
• GeonTM SF Super Flow
� Applications: Large appliance parts, molded siding panels
� Customer benefits: Flame retardancy, detergent resistance
Page 90
Critical Imperatives and 2015 Goal
Critical Imperatives
• Accelerate innovation - grow in new applications not
historically served with vinyl
• Drive continuous improvement in manufacturing and
working capital efficienciesworking capital efficiencies
• Selectively leverage construction recovery
2015 Goal
• 9 - 12% return on sales
Page 91
Page 92
https://www.avient.com/sites/default/files/2023-05/Cesa Light Diffusion Additives for Automotive - Product Overview.pdf
We offer solutions for the
transparent and translucent thermoplastics used in
the automotive industry (typically PMMA and PC).
Information we may require includes:
• Which material will be used to manufacture the lens?
With this information, we can begin to develop a formulation to meet your application’s requirements.
https://www.avient.com/sites/default/files/2020-10/avient-security-policy-august-2020.pdf
As a member of the American Chemistry Council, we have adopted
Responsible Care® Guiding Principles and Security Code of
Management Practices to guide our efforts in continual security
improvement.
We are committed to implementing appropriate security
management programs, processes and procedures to protect all of our
assets and to reduce the risk of harm and business interruption.
https://www.avient.com/sites/default/files/2023-12/Avient_SecurityPolicy_Dec_18_2023.pdf
As a member of the American Chemistry Council, we have adopted
Responsible Care® Guiding Principles and Security Code of
Management Practices to guide our efforts in continual security
improvement.
We are committed to implementing appropriate security
management programs, processes and procedures to protect all of our
assets and to reduce the risk of harm and business interruption.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-twisting.pdf
We believe that our ongoing
commitment to protect the environment, to remain at
the forefront of fiber and coating technology, and to
‘treat others as we want to be treated’ will continue to
drive the success of our customers, shareholders, and
employees.
https://www.avient.com/sites/default/files/2024-10/Avient Announces Third Quarter 2024 Results.pdf
The EMEA region's
organic revenues grew 5%, benefiting from share gains in packaging and continued strong
demand for defense applications."
2024 Outlook
"The year has continued to play out as we expected, and as we look at the fourth quarter, we
are in a position to narrow our full-year guidance," said Jamie Beggs, Senior Vice President and
Chief Financial Officer of Avient Corporation.
Upcoming Investor Day
"Over the course of 2024, we have been developing our strategic approach for the next chapter
of Avient.
We are excited to share the details of our strategy at our
investor day in New York City on December 4th."
https://www.avient.com/sites/default/files/2023-12/Avient_ProdStewardship_Policy_Dec_18_2023.pdf
As a member of the American Chemistry Council, we have adopted
Responsible Care® Guiding Principles and the Product Safety Code of
Management Practices to guide our efforts in material sourcing,
development and management of our product portfolio throughout the
value chain and life cycle.
Sustainable and ethical management of our products protects our
employees, customers and communities in which we operate, while
maintaining customer confidence in Avient’s materials.
https://www.avient.com/sites/default/files/2023-08/AVNT August IR Presentation w NonGAAP Recs%5B40%5D.pdf
We create
specialized and sustainable material solutions that transform
customer challenges into opportunities, bringing new products
to life for a better world.
We partner with Brand Owners / OEMs, processors and
assemblers to enable their goals in applications like packaging,
healthcare, consumer goods, transportation, wire & cable,
building & construction and textiles.
Our customers value the
breadth of our solutions as we can tap into a broad array of
raw materials to solve their specific needs.