https://www.avient.com/resources/safety-data-sheets?page=656
MF 600 A 40 NATURAL
MSDS X155-058-062-01
MSDS X155-058-062-02
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Investor%2520Day%25205-18-15.pdf
Garratt
Senior Vice President, President of
Performance Products & Solutions
John Midea
Senior Vice President,
Global Operations & Process
Improvement
Mark Crist
Senior Vice President, President of
PolyOne Distribution
Cathy Dodd
Vice President, Marketing
Chris Murphy
Vice President, Research & Development,
Chief Innovation Officer
Kurt Schuering
Vice President, Global Key Account
Management
The Leaders Behind the Team
PolyOne Corporation Page 8
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 9
2006 2014
“Where we were” “Where we are”
Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 14.7%
Global Specialty Engineered Materials 1.1% 12.1%
Designed Structures & Solutions 1.4%(2012) 7.3%
Performance Products & Solutions 5.5% 7.7%
Distribution 2.6% 6.1%
Specialty Platform % of
Operating Income 6.0% 65%
ROIC 5.0% 11.3%
Adjusted EPS Growth N/A 37%
Proof of Performance
PolyOne Corporation Page 10
2%
34% 43% 62% 65%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
Old
PolyOne
Mix Shift Highlights Specialty Transformation
New
PolyOne Transformation
Specialty OI $5M $46M $87M $195M $242M
*Operating Income excludes corporate charges and special items
PolyOne Corporation Page 11
2014 2015 Target
“Where we are” (Est. in 2012)
Operating Income %
Specialty:
Global Color, Additives & Inks 14.7% 12 – 16%
Global Specialty Engineered Materials 12.1% 12 – 16%
Designed Structures & Solutions 7.3% 8 – 10%
Performance Products & Solutions 7.7% 9 – 12%
Distribution 6.1% 6 – 7.5%
Specialty Platform % of
Operating Income 65% 65 – 75%
ROIC 11.3% 15%
Adjusted EPS Growth 37% Double Digit
Expansion
Proof of Performance
PolyOne Corporation Page 12
• Sold non-core resin assets – EPS dilutive
• Completed acquisition of Spartech
• Housing starts below 1.25 million units
Single family units 30% below expectations
• Longstanding weakness in Europe, and
decline in Euro
Successfully Navigating Change Since 2012
PolyOne Corporation Page 13
-100%
200%
300%
400%
500%
600%
POL S&P 500
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.
Richardson
Executive Vice President and
Chief Financial Officer
PolyOne Corporation Page 71
Who We Are Growing With
PolyOne Corporation Page 72
2014 Awards and Recognitions
PolyOne Corporation Page 73
2014 Financial Highlights
$131
$151
$191
$262
$320
Adjusted Operating
Income
$0.68
$0.82
$1.00
$1.31
$1.80
Adjusted EPS
($ millions)
PolyOne Corporation Page 74
2006 2015 Target 2014
“Where we were” (Est. in 2012) “Where we are”
Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 12 – 16% 14.7%
Global Specialty Engineered Materials 1.1% 12 – 16% 12.1%
Designed Structures & Solutions 1.4%(2012) 8 – 10% 7.3%
Performance Products & Solutions 5.5% 9 – 12% 7.7%
Distribution 2.6% 6 – 7.5% 6.1%
Specialty Platform % of
Operating Income 6.0% 65 – 75% 65%
ROIC 5.0% 15% 11.3%
Adjusted EPS Growth N/A Double Digit
Expansion 37%
Proof of Performance & 2015 Targets
PolyOne Corporation Page 75
2,883
2,565
2006 2014
Volume
(lbs in millions)
-11%
$219
$451
2006 2014
Commercial Investment
($M)
+105%
$303
$770
2006 2014
Adjusted
Gross Margin ($M)
+154%
*Total SG&A
Ours is Not a Cost Cutting Story
Investment in
Commercial Resources…
Drives Mix Improvement AND
Gross Profit $$ Expansion
PolyOne Corporation Page 76
Financial Strength
$76
$222
$154
$105
$176 $179
$230
2008 2009 2010 2011 2012 2013 2014
Adjusted Cash Flow from
Operations
($ in millions)
18.9%
11.7%
9.6% 9.6%
10.8% 10.9%
9.9%
2008 2009 2010 2011 2012 2013 2014
Working Capital %
of Sales
PolyOne Corporation Page 77
Financial Flexibility
$49
$317
$600
2015 2020 2023
Debt Maturities
As of December 31, 2014
($ millions)
Coupon: 7.500% 7.375% 5.250%
2.6x
2.0x
1.8x
1.9x
2011 2012 2013 2014
Net Debt / Adjusted EBITDA
PolyOne Corporation Page 78
Shares
Purchased
(M)
2012 1.2
2013 5.0
2014 6.3
Cash to Generate Value
Expand marketing,
commercial and technical
capabilities
Leverage supplier
partnerships for
innovation
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
$0.16
$0.20 $0.24
$0.32
$0.40
$0.10
$0.20
$0.30
$0.40
$0.50
2011 2012 2013 2014 2015
Annual Dividend Targets that expand:
• Specialty offerings
• End market
presence
• Geographic
breadth
PolyOne Corporation Page 79
PolyOne Corporation Page 80
PolyOne Corporation Page 81
2020 Platinum Vision
Robert M.
S&P 500
-100%
200%
300%
400%
500%
600%
POL S&P 500
PolyOne Corporation Page 85
Formula for Success
Innovation
Market
Beating
Performance
Excellence in Execution
PolyOne Corporation Page 86
Track Record of Successful Acquisitions
$12
$50
2007 2014
$22
$39
2012 2014
$24
$69
2012 2014
GLS ColorMatrix Spartech
OI in $ millions
PolyOne Corporation Page 87
Driving Toward Premier Profitability
EBIT Margins for top tier
companies
Victrex 41%
18% Albemarle
Eastman 17%
Hexcel 17%
FMC 16%
Ecolab 14%
12% Specialty EBIT Margin – 2014
IFF 19%
Celanese 13%
PolyOne Corporation Page 88
2006 2014 2020
“Where we were” “Where we are” Platinum Vision
Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 14.7% 20%+
Global Specialty Engineered Materials 1.1% 12.1% 20%+
Designed Structures & Solutions 1.4%(2012) 7.3% 12 – 14%
Performance Products & Solutions 5.5% 7.7% 10 – 12%
Distribution 2.6% 6.1% 6.5 – 7.5%
Specialty Platform % of
Operating Income 6.0% 65% 80%+
ROIC 5.0% 11.3% 15%
Adjusted EPS Growth N/A 37% Double Digit
Expansion
2020 Platinum Vision
PolyOne Corporation Page 89
Platinum Vision: Pathway to Accelerated Growth
Organic
Sales Growth
Margin
Expansion
Share
Repurchases
Acquisitions
PolyOne Corporation Page 90
2006 2010 2014 2020
Driving Toward a Premium Specialty Multiple
6x
4x
Commodity POL
8x
Hybrid
10x
14x+
Mid-Tier
Specialty
Premium
Specialty
M
ul
tip
le
POL
POL
POL
PolyOne Corporation Page 91
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/resources/safety-data-sheets?page=2671
You may see us use both terms, MSDS and SDS, as GHS becomes more familiar in all of our global market.
MF 600 40 HS BLACK 13
MSDS X150-242-131-01
https://www.avient.com/resources/safety-data-sheets?page=767
You may see us use both terms, MSDS and SDS, as GHS becomes more familiar in all of our global market.
MSDS GB 600 A 30 BLACK 13
Shipment Notification - under "Material Header" MSDS - labeled as the "Product Number" (in Section 1)
https://www.avient.com/resources/safety-data-sheets?page=723
You may see us use both terms, MSDS and SDS, as GHS becomes more familiar in all of our global market.
MSDS) X15502001401 BLACK
GMF 600 40 UV / 207D CHARCOAL GREY
https://www.avient.com/sites/default/files/2021-01/eccoh-selection-guide-cn.pdf
特点
电线和电缆
高度阻燃
毒性和烟密度极低
不同级层间可交联
可与色母料、添加剂浓缩液、紫外稳定剂一同加工
高度阻燃
毒性和烟密度极低
适合进行挤压和注射成型
管和配件
材料(ECCOH) 5924C 5920 5511C 5806UV 5127UV 5549/1 8300-8001 8300-8003 8300-8008 1125C 1052C 5309 5995/1C 5555C 5286 3140-3 6151 5865C XLS8002 6649
中低压电缆 光缆 机车/船 光缆 电缆/光缆 电子线 电缆 电子线 电子线 电缆 机车缆护套 电缆/光缆 电缆 机车缆 电缆 电缆/光缆 电缆 电缆 电缆/光缆 应用
热老化等级
热塑性 √ √ √
√交联型
交联方式
密度48
熔融指数(150℃/21.6kg)
硬度shore D
拉伸强度MPa
断裂伸长率%
氧指数%
耐环境应力开裂ESCR
阻燃性能
低温性能
耐油性能
耐UV性能
耐泥浆性能
低摩擦性能
产地
有焰(1mm)ASTM E662
无焰(1mm)
70
235
45
265
68
275
210
1.49~1.51
4.0
54
12.5
200
36
1.47
3.5
55
210
34
1.53
0.8
56
150
40
1.51
1
47
9.5
38
1.46
3.8
54
15.5
32
2.9
49
11.7
45
CPR B
中国/欧洲
1.29
13.5
17.5
345
27
1.27
9.5
13
360
29
90
190
1.49
8
15.7
245
35
63
1.54
2.7
55
40
106
214
CPR C
8
50
12.5
34
84
206
250
39
1.48
3
11
215
36
2.8
10.3
165
41
1.58
4.2
12.4
160
CPR B
1.46
6
17
160
33
39
143
1.51
4
43
50
150
1.54
2.3
56
155
35
D类
5.8
12
250
27
1.35
10
49
15
320
28
辐照/硅烷 辐照 辐照 辐照 辐照 辐照 自交联/水浴辐照/硅烷
√ √
√ √ √ √ √ √
√ √ √ √ √ √
90℃ 90℃ 90℃ 105℃ 90℃ 105℃ 125℃ 105℃ 105℃ 105℃ 90℃ 90℃ 90℃105℃ 105℃ 105℃ 105℃ 105℃
加工方式(挤出)
材料性能:热塑状态(非交联后)
烟密度(最大)
特殊性能
ECCOH™低烟、无卤解决方案
https://www.avient.com/sites/default/files/2022-05/CESA Fiber Additives for Heat Preservation Product Bulletin_CN.pdf
在暴露于波长为320至
1100nm的模拟光源下10分钟后,这种新一代的
蓄热添加剂可根据不同的添加比让聚酯和尼龙纤
维织物实现升温6℃至12℃的效果。
https://www.avient.com/resources/safety-data-sheets?page=2670
You may see us use both terms, MSDS and SDS, as GHS becomes more familiar in all of our global market.
GF 600 A 44 HS BLACK 13
Shipment Notification - under "Material Header" MSDS - labeled as the "Product Number" (in Section 1)
https://www.avient.com/resources/safety-data-sheets?page=133
You may see us use both terms, MSDS and SDS, as GHS becomes more familiar in all of our global market.
600 A ZIP 22 NATURAL
Shipment Notification - under "Material Header" MSDS - labeled as the "Product Number" (in Section 1)
https://www.avient.com/resources/safety-data-sheets?page=3250
You may see us use both terms, MSDS and SDS, as GHS becomes more familiar in all of our global market.
600 A NATURAL
Shipment Notification - under "Material Header" MSDS - labeled as the "Product Number" (in Section 1)