https://www.avient.com/sites/default/files/2024-12/2024 Avient Executive Bios_Holger Kronimus.pdf
HOLGER KRONIMUS
Vice President, Europe
General Manager, Engineered Materials Europe
Holger Kronimus is Vice President, Europe, and General Manager, Specialty Engineered
Materials Europe at Avient Corporation, an innovator of materials solutions that help
customers succeed while enabling a sustainable world.
Kronimus joined Avient in March
1999, and in addition to leading the company’s engineered materials business in Europe and
India, also serves as Avient’s legal representative in the region, responsible for building and
maintaining relationships with local governments and associations.
https://www.avient.com/sites/default/files/2023-08/EVSE Platform Brochure.pdf
This means new challenges
in finding durable materials that can meet all of
these needs.
Processing conditions can cause material properties to shift from the values stated in the information.
Avient is a premier provider of specialized
and sustainable material solutions
and services that transform customer
challenges into opportunities.
https://www.avient.com/sites/default/files/2020-12/adventure-sports-brochure.pdf
Give
them an experience to remember
with products built on top-quality
materials from Avient.
Make sure your
customers’ investments last for the long haul with
high-performance materials from Avient.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520Sidoti%2520wNonGAAP%2520Rec.pdf
They are
based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from
those expressed in or implied by the forward‐looking statements.
Platform operating income mix percentage 2005Y 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y
Global Specialty Engineered Materials $ 0.4 $ 3.9 $ 4.9 $ 17.6 $ 20.6 $ 49.7 $ 45.9
Global Color, Additives and Inks 4.3 8.9 25.7 28.1 25.2 37.7 43.4
Specialty Platform $ 4.7 $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 89.3
Performance Products and Solutions 75.7 64.2 65.8 31.3 33.1 54.0 62.4
Distribution 19.5 19.2 22.1 28.1 24.8 42.0 56.0
SunBelt Joint Venture 91.9 102.9 34.8 28.6 25.5 18.9 5.0
Corporate (51.5) 34.5 (73.3) (425.1) 7.9 (27.7) 20.3
Operating income (loss) GAAP $ 140.3 $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 233.0
Less: Corporate operating expense (income) 51.5 (34.5) 73.3 425.1 (7.9) 27.7 (20.3)
Operating income excluding Corporate $ 191.8 $ 199.1 $ 153.3 $ 133.7 $ 129.2 $ 202.3 $ 212.7
Specialty platform operating mix percentage 2% 6% 20% 34% 35% 43% 42%
Platform operating income mix percentage 2012Y
Global Specialty Engineered Materials $ 47.0
Global Color, Additives and Inks 66.8
Specialty Platform $ 113.8
Performance Products and Solutions 74.9
Distribution 66.0
Corporate (87.6)
Operating income GAAP $ 167.1
Less: Corporate operating expense 87.6
Operating income excluding Corporate $ 254.7
Specialty platform operating mix percentage 45%
Platform sales and operating income (OI) 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y
Global Specialty Engineered Materials Sales $ 345.3 $ 384.4 $ 514.0 $ 402.9 $ 517.4 $ 575.1
Global Color, Additives and Inks Sales 531.8 560.5 554.3 459.8 527.4 544.6
Specialty Platform Sales $ 877.1 $ 944.9 $ 1,068.3 $ 862.7 $ 1,044.8 $ 1,119.7
Performance Products and Solutions Sales 1,166.2 1,086.8 1,001.4 667.7 776.3 865.4
PolyOne Distribution Sales 732.8 744.3 796.7 625.1 911.9 996.5
Corporate and Eliminations (153.7) (133.3) (127.7) (94.8) (111.1) (118.1)
Total Sales $ 2,622.4 $ 2,642.7 $ 2,738.7 $ 2,060.7 $ 2,621.9 $ 2,863.5
Global Specialty Engineered Materials OI $ 3.9 $ 4.9 $ 17.6 $ 20.6 $ 49.7 $ 45.9
Global Color, Additives and Inks OI 8.9 25.7 28.1 25.2 37.7 43.4
Specialty Platform OI $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 89.3
Performance Products and Solutions OI 64.2 65.8 31.3 33.1 54.0 62.4
PolyOne Distribution OI 19.2 22.1 28.1 24.8 42.0 56.0
Sunbelt Joint Venture OI 102.9 34.8 28.6 25.5 18.9 5.0
Corporate and eliminations (4.6) (25.5) (28.9) (40.8) (32.5) (26.4)
Special items in OI 39.1 (47.8) (396.2) 48.7 4.8 46.7
Operating income (loss) GAAP $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 233.0
Sunbelt equity income (107.0) (40.8) (32.5) (29.7) (23.1) (5.7)
Special items in OI (39.1) 47.8 396.2 (48.7) (4.8) (46.7)
Operating income adjusted $ 87.5 $ 87.0 $ 72.3 $ 58.7 $ 146.7 $ 180.6
Global Specialty Engineered Materials - OI
% of sales 1.1% 1.3% 3.4% 5.1%
9.6%
8.0%
Global Color, Additives and Inks - OI % of
sales 1.7% 4.6% 5.1% 5.5%
7.1%
8.0%
Specialty platform OI - % of sales 1.5% 3.2% 4.3% 5.3% 8.4% 8.0%
PP&S operating OI - % of sales 5.5% 6.1% 3.1% 5.0% 7.0% 7.2%
Distribution OI - % of sales 2.6% 3.0% 3.5% 4.0% 4.6% 5.6%
PolyOne OI adjusted - % of sales 3.3% 3.3% 2.6% 2.8% 5.6% 6.3%
Platform sales and operating income (OI) 2012Y 2012PF
Global Specialty Engineered Materials Sales $ 543.6 $ 779.5
Global Color, Additives and Inks Sales 703.5 753.8
Designed Structures & Solutions 847.4
Specialty Platform Sales $ 1,247.1 $ 2,380.7
Performance Products and Solutions Sales 837.0 902.8
PolyOne Distribution Sales 1,030.3 1,030.3
Corporate and Eliminations (121.8) (121.8)
Total Sales $ 2,992.6 $ 4,192.0
Global Specialty Engineered Materials OI $ 47.0
Global Color, Additives and Inks OI 66.8
Specialty Platform OI $ 113.8
Performance Products and Solutions OI 74.9
PolyOne Distribution OI 66.0
Corporate and eliminations (33.7)
Special items in OI (53.9)
Operating income - GAAP $ 167.1
Special items in OI 53.9
Operating income adjusted $ 221.0
Global Specialty Engineered Materials - OI % of sales 8.6%
Global Color, Additives and Inks - OI % of sales 9.5%
Specialty platform OI % of sales 9.1%
PP&S operating OI % of sales 9.0%
Distribution OI % of sales 6.4%
PolyOne OI adjusted, % of sales 7.4%
Adjusted EPS 2006Y 2007Y 2008Y 2009Y 2010Y 2011Y 2012Y
Net Income attributable to PolyOne common
shareholders $ 130.9 $ 40.9 $ (417.0) $ 106.7 $ 162.6 $ 172.6 $ 71.9
SunBelt equity earnings, after tax (68.5) (26.1) (20.8) (19.0) (14.7) (3.7) -
Special items, after tax (21.2) 41.4 310.0 (31.0) 15.8 (30.5) 35.7
Tax adjustments (30.0) (30.7) 147.2 (44.9) (88.3) (42.3) 0.5
Adjusted net income $ 11.2 $ 25.5 $ 19.4 $ 11.8 $ 75.4 $ 96.1 $ 108.1
Diluted shares 92.8 93.1 92.7 93.4 96.0 94.3 89.8
Adjusted EPS $ 0.12 $ 0.27 $ 0.21 $ 0.13 $ 0.79 $ 1.02 $ 1.20
Average Debt Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Average
PolyOne Debt $ 707.0 $ 706.4 $ 705.8 $ 705.2 $ 706.9 $ 706.3
Average Equity Q4 2011 Q1 2012 Q2 2012 Q3 2012 Q4 2012 Average
PolyOne shareholders’ equity $ 588.3 $ 611.3 $ 604.3 $ 629.3 $ 629.1 $ 612.5
Adjusted EBITDA 2012
PolyOne Income before income taxes $ 113.0
PolyOne Interest expense, net 50.8
PolyOne Depreciation and amortization 69.8
PolyOne Special items in EBITDA 55.1
PolyOne Adjusted EBITDA $ 288.7
Pro forma Spartech EBITDA * 56.3
Pro forma EBITDA * $ 345.0
* Amount excludes expected synergies.
Pro Forma Debt 2012
7.500% debentures due 2015 $ 50.0
7.375% senior notes due 2020 360.0
5.250% senior notes due 2023 600.0
Other debt 14.0
Pro Forma Debt $ 1,024
Specialty Platform Gross Margin Percentage 2006 2012
Global Specialty Engineered Materials Sales $ 345.3 $ 543.6
Global Color, Additives and Inks Sales 531.8 703.5
Specialty Platform Sales $ 877.1 $ 1,247.1
Global Specialty Engineered Materials Gross Margin $ 41.6 $ 129.8
Global Color, Additives and Inks Gross Margin 83.6 220.6
Specialty Platform Gross Margin $ 125.2 $ 350.4
Specialty Platform Gross Margin Percentage 14.3% 28.1%
https://www.avient.com/sites/default/files/2020-09/lubrione-processing-guide.pdf
LubriOne materials have been demonstrated to reduce friction, noise, vibration, heat buildup, and
improve product durability.
Cold Slug Wells
• Place these wells at the base of the sprue to capture the cold material first emerging from the nozzle
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2020-09/therma-tech-for-adas-sensors-ecus-product-bulletin.pdf
Because this material is injection-moldable, you can add
more electronics inside the housing and even reduce the device’s overall footprint.
Processing conditions can cause material properties to shift from the values stated in the information.
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2021-06/vinod-purayath-bio.pdf
Vinod Purayath is Senior Vice President and Chief Technology Officer of Avient
Corporation, a premier provider of specialized and sustainable material solutions and
services.
Purayath has achieved
global success in materials development, with a particular emphasis on semiconductor
and digital memory applications.
Purayath later joined Applied Materials, as the technology leader for its new Selective
Removal Products business, and most recently served as Vice President, Process
Technology for SunRise Memory.
https://www.avient.com/sites/default/files/2022-01/Carbon Fiber Composites Infographic.pdf
Automotive
chassis
components,
body panels
Medical
splints, braces,
orthopedic
fixators
Avient’s Glasforms™ and Gordon Composites™ carbon fiber composite materials consist of
thermoset continuous fiber polymer rods, bars, laminates and custom shapes used in a variety
of applications that require superior technical characteristics.
Carbon fibers combined with vinyl ester or epoxy resin
create a composite material that, like all composites,
has higher performance properties than the individual
materials alone.
MOVE
OVER
METAL
Compared to steel, carbon fiber composites are:
Tensile
Strength
400–500 ksi
Density
1.55 g/cm3
Concrete
reinforcement,
infrastructure
repair
BUST THE RUST
Carbon fiber composites
are inherently corrosion
resistant, making them
ideal for harsh outdoor
applications
MEET YOUR NEEDS
Avient customizes
composite materials to
meet your specifications,
from specialty surface
treatments to finishing
operations
TAKE THE HEAT
Carbon fiber composites
have excellent
dimensional stability
to withstand extreme
temperatures and
conditions
stronger
10X 5X
lighter
Archery bow
limbs, risers,
cable guards,
arrows
https://www.avient.com/products/advanced-composites/pultrusion-and-continuous-filament-winding-technology/glasforms-pultruded-rods-tubes-custom-profiles
https://www.avient.com/products/advanced-composites/continuous-fiber-composite-tape-laminates-and-barstock/gordon-composites-thermoset-laminates-barstock
https://www.avient.com/sites/default/files/2021-11/carbon-fiber-reinforced-product-bulletin.pdf
https://www.avient.com/sites/default/files/2023-01/Carbon Footprint Infographic.pdf
company-owned vehicles, process emissions, and on-site heating) Scope 2: Indirect emissions from purchased indirect sources, such as the production of electricity and steam for an organization’s use Scope 3: Indirect emissions from sources up and down the supply chain, including materials, transportation of goods, and the processing, use, and end-of-life treatment of sold products Cradle-to-Gate: Carbon impact of a product from raw materials and product manufacturing Cradle-to-Grave: Carbon impact and analysis across the entire life cycle of a product from raw materials to disposal © 2023 Avient • www.avient.com • 1.844.4AVIENT Raw Materials Supply Chain UNDERSTANDING CARBON FOOTPRINT CO2e Transportation End-of-Life Treatment Processing of Goods Use of Products Transportation Chemical Processing Cradle-to-Gate (B2B) Cradle-to-Grave (B2C) SCOPE 3 INDIRECT SCOPE 3 INDIRECT Electricity Steam Company Facilities Company-Owned Vehicles SCOPE 1 DIRECT SCOPE 2 INDIRECT Reporting CompanyUpstream
https://www.avient.com/sites/default/files/2024-06/Infant Care Product Bulletin_Selector Guide.pdf
So we’ve developed the ideal TPEs for your infant
care application, from materials that are durable and safe for baby contact to regulatory compliant grades and
soft-touch solutions
Today’s infant care product manufacturers are searching for materials they can count on for durability, but
they also need expanded design possibilities.
Processing conditions can cause material properties to shift from the values stated in the information.