https://www.avient.com/news/avient-opens-cycleworks-innovation-center-advance-circular-economy-and-recycling-goals
For more insights on CycleWorks and opportunities to collaborate, as well as Avient’s broader sustainability initiatives, register here for the upcoming Plastic Recyclers Europe online conference next month: https://www.prseventeurope.com/prse2020/en/page/conference-programme
NOTE: On July 1, 2020, PolyOne and Clariant Masterbatches joint together as Avient, a new kind of materials company focused on conquering customer challenges and unlocking the potential for innovation and sustainability around the globe.
Michelle Maniscalco
Senior Manager, Marketing Communications
Avient Corporation
+1 440-930-1988
michelle.maniscalco@avient.com
https://www.avient.com/news/avient-launches-t-v-rheinland-certified-carbon-calculator-scope-3-emission-goals
Scope 1 emissions are direct emissions owned or controlled by a company, whereas scope 2 and 3 indirect emissions result from the company’s activities but occur from sources not owned or controlled by it.
While many companies can measure and manage scope 1 and 2 emissions, the intricacies of obtaining specific scope 3 emissions data for raw materials can pose a challenge for those with net zero or carbon reduction targets.
For more information, visit https://www.avient.com.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Credit%2520Suisse%2520w%2520non%2520GAAP%25206%252025%25202014.pdf
Slide 1
PolyOne Corporation Page 1
PolyOne Investor Presentation
Credit Suisse Basic Materials Conference
June 25-26, 2014
PolyOne Corporation Page 2
Forward-Looking Statements
In this presentation, statements that are not reported financial results or other historical information are “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995.
S&P 500
All time high of
$42.47
June 6th, 2014
PolyOne Corporation Page 9
2006 Q1 2014 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 13.8% 12 – 16%
Global Specialty Engineered
Materials
1.1% 11.6% 12 – 16%
Designed Structures & Solutions -- 6.5% 8 – 10%
Performance Products &
Solutions
5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income
6.0% 64% 65 – 75%
3) ROIC* 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42%
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
PolyOne Corporation Page 10
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental Share Buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement
Several Levers to
Drive Growth
Mid Single Digit Revenue CAGR
PolyOne Corporation Page 11
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Specialty Vitality Index Target ≥ 35%
PolyOne Corporation Page 12
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Unique and Innovative Solutions
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
PolyOne Corporation Page 13
Megatrends Aligned with Key End Markets
Decreasing
Dependence
on Fossil
Fuels
Protecting
the
Environment
Improving
Health and
Wellness
Megatrend End Markets
Globalizing
and
Localizing
Health &
Wellness
Transportation
Packaging
Consumer
PolyOne Corporation Page 14
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 3/31/2014
PolyOne Corporation Page 15
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales, marketing,
and technical capabilities
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million shares in
Q1 2014
Repurchased 6.4 million
shares since April 2013
13.6 million shares are
available for
repurchase under the
current authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
Investing in operational and
LSS initiatives (including
synergy capture)
Manufacturing alignment
PolyOne Corporation Page 16
Formula for Success
Innovation
Market
Beating
Performance
Excellence in Execution
PolyOne Corporation Page 17
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/knowledge-base/case-study/navigating-challenges-semiconductor-packaging-specialty-polymer-solutions
Citations: ¹Fortune Business Insights "Data Center Market Regional Forecast, 2024-2032" https://www.fortunebusinessinsights.com/data-center-market-109851
https://www.avient.com/news/colorforward-forecasts-focus-mid-tone-colors-2025
For more information, visit https://www.avient.com.
https://www.avient.com/news/dyneema-announces-collaboration-toyobo-mc-floating-offshore-wind-turbine-mooring-systems-japan
For more information, visit https://en.toyobo-mc.jp/.
https://www.avient.com/news/generational-changes-environmental-concerns-and-new-digital-universe-expected-drive-color-preferences-2023
Those interested in learning more about collaborating with ColorWorks can do so by visiting https://www.avient.com/avient-colorworks.
https://www.avient.com/news/dyneema-launches-new-website-and-brand-identity-showcasing-strengths-it-brings-its-value-chain
For more information, visit https://www.avient.com.
https://www.avient.com/news/avient-debuts-thermoballistic-thermoplastic-composite-panels-camx-2023
For more information, visit https://www.avient.com.
https://www.avient.com/news/avient-feature-sustainable-solutions-fiber-itma-2023
For more information, visit https://www.avient.com.