https://www.avient.com/sites/default/files/2022-02/Q4 2021 Avient Earnings Release_0.pdf
In addition, the acquisition of Clariant’s color business in July 2020 has been
transformational to our portfolio and helped us become the specialty formulator we are today.
Full Year Comparisons Pro Forma for Acquisition of Clariant’s Color Business
The company acquired Clariant’s color (“Clariant Color”) business on July 1, 2020 (the
“Acquisition Date”).
See
Attachment 3 for a definition and summary of special items and Attachment 7 for a summary of pro forma adjustments associated
with the Clariant Color Acquisition necessary to reflect Clariant Color adjusted results in all periods presented.
https://www.avient.com/sites/default/files/resources/September%2520Investor%2520Presentation.pdf
Ripcords
• Lubricated, color coated, various fibers
• Rips through any material including steel armor
• Made from Kevlar, Vectran LCP or PET polyester
12.
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y
Growing leadership position in attractive markets
Innovation, technology and service are differentiators
Capital management is a strength: Record-setting cash generation
to continue for years
Expand ROIC while increasing invested capital
Proven acquisition strategy with robust pipeline
Commercial investments are fueling momentum and generating
organic growth
SERVICE:
T H E T I M E L E S S
D I F F E R E N T I A T O R
PolyOne Corporation 31
T A L E N T D E V E L O P M E N T
PolyOne Corporation 32
Leadership Program Participants
2012
2013
2015
47
86
2016
125
169
315
Campus Hires
2008
2011
2017
25
47
PolyOne LSS Blackbelts
2008
2011
67
220
147
2018 141
A U N I Q U E C U S T O M E R E X P E R I E N C E
Industrial
Design
IQ DESIGN LABS
PolyOne Corporation 33
Material
& Color
Expertise
Manufacturing
Expertise
14
Industrial designers
$0
$10M
$4M
$80M
Opportunity funnel New business revenue
LSS CUSTOMER FIRST
PolyOne Corporation 34
Customer Projects
Enables sales growth by building more intimate
customer relationships, giving us insight to customers’
needs, with a service that is not easily replicated
2 104
3 D P R I N T I N G
B R I N G I N G N E W I D E A S T O L I F E
PolyOne Corporation 35
Enables validation of fit and function
Shortens design cycle and time to market
Avoids tooling rework
Drives innovation
Delivers substantial customer value
PolyOne Corporation 36
From concept to production
99.9%
Reduction in
turnaround time
Traditional Timeline
up to 24 weeks
PolyOne ColorMatrix
Select™
6 hours
Innovative system for processors and OEMs to develop colors in real time
Complete system that provides customers with the freedom to match,
prototype and produce color entirely within their own facility
C O L O R M A T R I X S E L E C T ™
“Being able to create color and produce parts in 1 day is unheard of in this industry”
-CEO, Industry Leader
I N N O V A T I N G W I T H P O L Y O N E
PolyOne Corporation 37
SEGMENT HIGHLIGHTS
C O L O R , A D D I T I V E S & I N K S
PolyOne Corporation 38
Solid
Colorants
Performance
Additives
Screen
Printing Inks
Liquid
Colorants
28% Industrial
14%
Textiles
Building & Construction
10%
Appliances
Electrical &
Electronic 1%
Operating Income & MarginRevenue by Region
C O L O R , A D D I T I V E S & I N K S
2 0 1 8 R E V E N U E | O V E R $ 1 B I L L I O N
$4
$25
$104
$159
0.9%
5.5%
12.2%
15.1%
14.0%
16.0%
100
110
120
130
140
150
160
170
PolyOne Corporation 39
Europe
35%
45%
14%
1%
Mexico
South
America
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
PolyOne Corporation 40
Engineered
Formulations
Advanced
Thermoplastic
Elastomers
21%
13%Healthcare
Building &
Construction 4%
Electrical &
Electronics
S P E C I A L T Y E N G I N E E R E D M A T E R I A L S
Revenue by Region Operating Income & Margin
2 0 1 8 R E V E N U E | $ 6 4 6 M I L L I O N
PolyOne Corporation 41
$21
$57
$72
0.1%
5.1%
9.3%
11.2%
Europe
28%
46%
24%
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
PolyOne Corporation 42
Specialty Vinyl
Solutions
Healthcare
Formulations
Smart Device
Flame Retardant
Polymers
Building &
28%
17%
16%Consumer
Electrical &
Asia
78%
Mexico
P E R F O R M A N C E P R O D U C T S & S O L U T I O N S
Operating Income & MarginRevenue by Region
2 0 1 8 R E V E N U E | $ 7 3 6 M I L L I O N
$40
$24
$56
$74
4.6%
3.6%
7.2%
14.0%
16.0%
10
100
PolyOne Corporation 43
D I S T R I B U T I O N
E N D M A R K E T S & S U P P L I E R S
PolyOne Corporation 44
27%
22%
Electrical &
Building &
$20
$25
$63
$71
2.9%
5.9%
5.6%
1.0%
3.0%
5.0%
7.0%
15
25
35
45
55
65
75
Operating Income & Margin2018 Revenue | $1.3 Billion
http://www.polyone.com/Pages/VariationRoot.aspx
O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S
PolyOne Corporation 45
Performance
Additives
PVC
Pigments
Polyethylene
Plasticizers
Polypropylene
TiO2
Nylon
Styrenic Block
Copolymer
Other Raw
27%
$1.3 billion of raw material purchases in 2018 excluding Distribution business
Note: All figures exclude Distribution business
T A R G E T E N D M A R K E T S &
A P P L I C A T I O N E X A M P L E S
PolyOne Corporation 46
Thermally Conductive
Chemical Resistant
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composites
Antimicrobial Technologies
Anti-Counterfeiting
Target End Markets… Healthcare
Catheter Technologies
Under-hood Components
Target End Markets… Automotive
Interior Structural
Sound & Vibration
Management
Roof Systems
Air Management
Electronics and Cameras
Lighting
Exterior / Interior Trim
Braces & Brackets
Fasteners
Seals & Flaps
Target End Markets… Consumer
Thermally Conductive
Polymer Colorants
Elastomeric Grips and
Handles
Structural Composite
Oxygen Scavenger
Laser Marking Additives
Antistatic Technologies
UV Light Barrier Technologies
Cap & Closure Colorants
Process Optimization
Antioxidant Technologies
Density Modified
Target End Markets… Packaging
Impart weight, sound and
metallic finish to caps and
closures for cosmetics and
spirits applications
Elevate quality and
prestige perceptions
among high-end
consumers
Eliminate time and cost
associated with secondary
operations and assembly
Luxury Packaging
GravitechTM Density Modified Polymers
Eliminate costs by
increasing pigment density
Enhance color
performance without
altering form and
formulation
Increase design
capabilities by reducing
weight and layer thickness
Optimize Color Usage
OnColorTM Super Concentrates
Inhibit microbial growth on
polymer surfaces
Enhance value or products
and devices
Highly versatile
concentrate with the
ability to be incorporated
into a wide variety of
products
Combat Bacteria Formation
WithStandTM Antimicrobial Technology
Durable, long-lasting products stand
up to the most aggressive
disinfectants
Minimize environmental stress
cracking and discoloration
One of the broadest medically
approved polymer and colorant
portfolios
Medical Device Housings
Chemically Resistant Engineered Polymers
Color & Design Services
Greater control of color
development and supply chain
Work across entire design
process from concept to
commercialization
Inspire creativity in the use of
polymer materials, colors, and
effects
Innovative brand differentiation
Faster development timelines
Outdoor Applications
Leading provider of high
performance specialty materials
for the recreational and sports &
leisure industry
Well positioned across all
segments to address market needs
Metal to Polymer Conversion
Lightweighting
Thermal Management
Impact Performance
ColorMatrix Fiber Colorant
Solutions
Proprietary advanced liquid color
formulations and equipment
enable greater efficiency and
productivity
Eliminates aqueous dyeing and its
associated wastewater treatment
Solid Color Concentrates
Extrusion-spun fibers colored via
solid masterbatch
Fiber Colorants
Reconciliation of Non-GAAP Financial Measures (Unaudited)
(Dollars in millions, except per share data)
Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne shareholders and diluted adjusted earnings per share (EPS)
from continuing operations attributable to PolyOne shareholders, excluding special items, to assess performance and facilitate comparability of results.
Service:�The Timeless differentiator
Talent development
IQ DESIGN LABS
LSS CUSTOMER FIRST
3D Printing�Bringing New ideas to life
Slide Number 36
Innovating with PolyOne
COLOR, ADDITIVES & INKS
Color, Additives & Inks
Specialty Engineered Materials
Specialty Engineered Materials
Performance Products & Solutions
Performance Products & Solutions
DISTRIBUTION
Overview of RAW MATERIAL PURCHASES
Target end markets & �application examples
Slide Number 47
Slide Number 48
Slide Number 49
Slide Number 50
Slide Number 51
Slide Number 52
Slide Number 53
Slide Number 54
Slide Number 55
Slide Number 56
Slide Number 57
https://www.avient.com/sites/default/files/2024-04/Guitar Picks Case Study Snapshot.pdf
MUSIC
ACCESSORIES OEM
G U I T A R P I C K S
• Achieve colors that provide enhanced visibility in low-light
environments
• Shorten the product development time to accelerate speed
to market
• Create a framework of accessibility-focused picks that
meet quality and performance standards
• Provided onsite exploration using color
theory and trend research to develop three
color options for use in dimly lit
environments or by people with low vision
• Expedited the process with rapid color
matching, iterations, and approvals, allowing
time for additional matches to be explored
• Developed specific colors that met all quality
standards and offered unique, vibrant, and
fun options
ColorWorks™ Design Center, Phoenix, AZ
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
COLOR + ACCESSIBILITY
LEARN MORE
Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2024-05/Smartbatch-Outdoor Chair-Case Study Snapshot_0520.pdf
& European climates
for an extended period
• Maintain color stability and resist brittleness for a minimum
of 3 years
• Reliable supplier with good product quality and stable
supply
• Offered a UV stabilizer for PP multi-filament
yarn
• Delivered good light fastness
• Provided cost effectiveness by combining
colorant and UV additive solutions
• Had in-house Q-Lab UV (QUV) tester to meet
strict customer standards
Smartbatch Combination Colorants &
Additives
KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/products/polymer-colorants/color-additive-combination-masterbatches/smartbatch-combination-colorants-additives
Slide 1: Pp Multi-filament manufacturer
https://www.avient.com/sites/default/files/2023-10/Value Added Services Brochure.pdf
SERVICES OVERVIEW
COLORANTS
& ADDITIVES
VALUE-ADDED
SERVICES
At Avient, our goal is to provide
premier colorant and additive
technologies paired with world-class
services that support our specialized
and sustainable solutions.
From color design services to on-site
technical support, we’re with you every step of
the way.
They use an
onsite collaborative approach to
accelerate and streamline the product
development process, from initial
consultation through the translation
of ideas into colors, shapes or effects.
https://www.avient.com/sites/default/files/2022-02/Bergamid - Hair Clippers - Application Snapshot.pdf
E L E C T R I C H A I R C L I P P E R S
HAIRSTYLING APPLIANCE
MANUFACTURER
• Regulatory – UL rated flame retardancy
• High stiffness and impact resistance
• Excellent surface appearance
• Colorability/color matching – specific black color
• Provided color matching expertise to match
glass fiber reinforced formulation to specific
customer requirement
• Enabled customer to diversify into a new
market with a new design of hair clipper for
consumers
• Developed material quickly - three months
from brief to production
Bergamid™ A700 glass reinforced flame
retardant formulation
KEY REQUIREMENTS
WHY AVIENT?
AVIENT SOLUTION
REGULATORY + COLORABILITY
LEARN MORE
Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2023-03/CCG Food Handling - Application Snapshot.pdf
APPLIANCE MAKER
F O O D H A N D L I N G & C O O K I N G
C O M P O N E N T S
• Minimize yellow / amber color tone of PEI and PES that
detracts from the perception of quality for cooking and
food service appliances
• Maintain inherent heat and steam resistance of PEI and
PES
• Food contact compatibility
• Colorants counteracted yellow tones without
sacrificing heat and steam resistance
• Achieved a more intense blue-gray shade
that reinforces appliance quality and
cleanliness and improves perception of the
food
Colorant Chromaticsä Precolor and
Masterbatch Formulations
KEY REQUIREMENTS WHY AVIENT?
AVIENT SOLUTION
APPEARANCE + PERFORMANCE
LEARN MORE
Copyright © 2020 Avient Corporation, All Rights Reserved
https://www.avient.com/products/polymer-colorants/high-temperature-color-concentrates
https://www.avient.com/sites/default/files/2020-08/bottle-optimization-brochure-8.5x11.pdf
Polymer science,
industry-leading expertise with
colors and additives, and our
in-house color design service make
us a powerful collaborator during
bottle design, manufacturing,
and product marketing.
With our
color and design support, your bottle can
get noticed quickly.
Design support
• Color consulting
• Special effects colorants
3
• ISBM and multi-layer EBM prototyping
• Testing
• Operations support
REDUCE ENVIRONMENTAL FOOTPRINT
Meet your objectives for environmental responsibility.
https://www.avient.com/sites/default/files/2020-09/stan-tone-pep-et-product-bulletin.pdf
PRODUCT BULLETIN
Stan-Tone™ Colorants
Urethane Paste Colorants (PEP & ET)
Stan-Tone™ PEP polyester urethane paste colorants
are select organic and inorganic pigments dispersed
in diethylene glycol adipate.
These colorants are
compatible with polyester systems, reacting to
become part of the final cured product.
These colorants are highly
compatible with polyether systems, reacting to
become part of the final cured product.
https://www.avient.com/sites/default/files/2021-09/cai-biopolymers-brochure-2021.pdf
Color & Additive
Solutions for
Biopolymers
In recent times, interest in using biopolymers has
grown in several industry sectors.
Color & Additive
Formulations for
Biodegradable Resins
& Blends
Using a selected list of pigments and additives,
Avient color experts know how to enhance
biodegradable starch blends or PLA without
affecting degradability of the resins.
Starch blend
resins often vary from white to brown and this
can influence the final color rendering in the
application.