https://www.avient.com/company/policies-and-governance/colormatrix-europe-limited-modern-slavery-and-human-trafficking-statement-0
The hotline is operated by an external professional service company and ensures anonymity.
The process will act as an architecture for Direct Material provider approval, maintenance, development, performance and assessment and will utilise spending levels, Vendor Scorecard and QMS profile to identify the risk levels for a supplier.
Our procurement and compliance teams will continue to focus on identifying and addressing any potential risks in our supply chain and the business will continue to provide awareness and training to all of its employees.
https://www.avient.com/investor-center/news/polyone-announces-first-quarter-2018-results
is a premier provider of specialized polymer materials, services and solutions.
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
Net cash provided (used) by operating activities
https://www.avient.com/sites/default/files/2023-03/Avient Annual Report 2022.pdf
We do this by providing
quality technical services to evaluate alternative raw materials, assuring the continued success of our products for
customer applications, providing technology to improve our products, processes and applications and providing
support to our manufacturing plants for cost reduction, productivity and quality improvement programs.
We continue to offer our global benefit of
community service hours, where each associate is provided 16 hours of paid time off each year to participate in
activities to support and help create more sustainable communities.
The plans generally provide benefit payments
using a formula that is based upon employee compensation and length of service.
https://www.avient.com/sites/default/files/AVNT February IR Presentation_w_Non-GAAP Recs.pdf
Avient does not provide reconciliations of forward-looking non-GAAP financial measures, such as outlook for Adjusted EBITDA, Adjusted Earnings Per Share and Adjusted Tax Rate, to the most comparable GAAP financial measures on a forward-
looking basis because Avient is unable to provide a meaningful or accurate calculation or estimation of reconciling items and the information is not available without unreasonable effort.
To provide comparable results, the company references “pro forma” financial
metrics, which include the business results of Avient Protective Materials for periods prior to the Acquisition Date, as if the transaction occurred on January 1, 2021 and reflect Distribution as a discontinued operation.
Management believes this
provides comparability of the performance of the combined businesses.
https://www.avient.com/sites/default/files/2022-02/Additives and Colorants for PP-R Pipe Systems Application Bulletin.pdf
Avient offers high extraction resistant antioxidants
for the inner layer, which help avoid embrittlement,
loss of mechanical strength and ensure a longer
service life.
The masterbatches provide good melt flow
protection during process and long-term stability.
Avient’s
UV stabilizers provide pipe systems used outdoors
with long-lasting efficient protection from the
damaging effects of UV light.
https://www.avient.com/sites/default/files/2021-04/bergamid-seat-fastener-case-study.pdf
This material offers
the stiffness and high impact performance required to support
and secure multiple electronic attachments, and provides the
impact and temperature resistance needed.
Avient’s team provided a variety of value-
added technical services, including assistance with tool
development, process optimization and testing.
Avient’s materials and technical support enabled us to re-
create a complicated part in nylon resin, which not only solved
cost, time and weight issues, but also provided a unique
offering for our automotive OEM customers,” said Spiess.
https://www.avient.com/knowledge-base/article/injection-molding-mold-processing
Newer molding equipment provides additional options for transferring from injection boost (first-stage Injection) to the pack and hold phase.
It also provides accurate control of part packing and densification, which can help prevent sinks and voids in the part.
For an average part and medium hardness SEBS formulation, the cooling time will be approximately 15 to 20 seconds for every 0.100" of wall thickness, provided there is cooling available from both sides.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Credit%2520Suisse%2520-%2520June%25202015.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.
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.
PolyOne Corporation Page 4
PolyOne 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 5
Building &
10%
Electrical &
11%
9%
Distribution
28%
PP&S
52%
69%
13%
7% Asia
2014 Revenues: $3.8 Billion
End Markets
2014 Revenues: $3.8 Billion
PolyOne
At A Glance
$13
$31
$46 $46
$87 $96
$122
$195
$242
2006 2007 2008 2009 2010 2011 2012 2013 2014
Specialty Operating Income ($M)
PolyOne Corporation Page 6
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
65%
69%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014 Q1 2015 2020
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
80%+
Specialty OI $5M $46M $87M $195M $242M $60M
Mix Shift Highlights Specialty Transformation
Transformation
2020
Platinum
Vision
Platinum
Vision
PolyOne Corporation Page 7
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
PolyOne Corporation Page 8
-100%
0%
200%
300%
400%
500%
600%
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.
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/high-performance-synthetic-fibers/pet-polyester-fiber
Fibers for optical cable ripcords that provide strength and durability
Product/Service Overview
https://www.avient.com/products/fiber-line-engineered-fiber-solutions/high-performance-synthetic-fibers/vectran-liquid-crystal-polymer
Fibers for optical cable ripcords that provide strength and durability
Product/Service Overview