https://www.avient.com/sites/default/files/resources/POL%2520BofA%2520Basic%2520Materials%2520IR%2520Presentation%2520w%2520non-GAAP%252012%252011%25202013.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
Use of Non-GAAP Measures
Page 3
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
PolyOne S&P 500
All time high of
$34.47
December 9th, 2013
• 16 consecutive quarters of
double digit EPS growth
• 42% CAGR adjusted EPS
expansion 2006-2012
• YTD stock price has increased
63% versus 27% growth in the
S&P
• More than six fold increase in
market cap: $0.5b $3.3b
Strategy and Execution Drive Results
Page 4
The World’s Premier Provider of Specialized
Polymer Materials, Services & Solutions
Four Pillar Strategy
Page 5
PP&S
15%
Specialty
60%
Distribution
25%
0.12
0.27 0.21
0.13
0.68
0.82
1.00
2.50
$0.00
$0.25
$0.50
$0.75
$1.00
$1.25
$1.50
$1.75
$2.00
$2.25
$2.50
2006 2007 2008 2009 2010* 2011* 2012* 2015
Target
A
dj
us
te
d
Ea
rn
in
gs
P
er
S
ha
re
Appliance
6%
Building &
Construction
13%
Wire & Cable
9%
Electrical &
Electronics
4%
Consumer
9%
Packaging
18%
Industrial
10%
Misc.
5%
HealthCare
9%
Transportation
16%
Textiles
1%
United
States
70%
Europe
14%
Canada
8%
Asia
5%
Latin
America
3%
2012 Revenues: $4.0 Billion*
End Markets*
2012 Revenues: $4.0 Billion*
EPS
Page 6
* Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms & excludes discontinued operations
PolyOne
At A Glance
* Restated to exclude discontinued operations
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34%
43%
63%
65-
75%
0%
20%
40%
60%
80%
100%
2005 2008 2010 YTD 2013 2015
%
o
f O
pe
ra
ti
ng
In
co
m
e*
JV's PP&S Distribution Specialty
Specialty OI $5M $46M $87M $153M Target
Mix Shift Highlights Specialty Transformation
2015
Target
Page 7
2006 YTD 2013 2015
Where we were Where we are
Organic Consolidated
Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 12.8% 12.8% 12 – 16%
Global Specialty Engineered
Materials 1.1% 10.8% 8.9% 12 – 16%
Designed Structures & Solutions — — 5.0% 8 – 10%
Performance Products &
Solutions 5.5% 8.0% 8.2% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 63% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 28%
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
Page 8
*Percentage of Specialty Platform revenue from products introduced in last five years
19.5%
44.0%
2006 Q3 2013
$20.3
$46.6
2006 TTM
Q3'13
14.3%
31.0%
2006 Q3 2013
Research & Development
Spending
Specialty Platform
Vitality Index Progression*
Innovation Drives Earnings Growth
($ millions)
Specialty Platform
Gross Margin %
Page 9
We are Experts in Polymer Science and Formulation
Polymer Science
Formulation
Chemistry
Processing
Inputs
Base Resins
Additives
Modifiers
Colorants
Specialized
Polymer Materials,
Services, and Solutions
Expertise
Satisfied
Consumers
PolyOne Customer
Innovative
Products & Services
Marketplace Demands
Performance Requirements
Value Drivers
Page 10
Positioned for Strong Growth
2015 Target
Rev: $5B
Adj.
https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
EBITDA Margins
(1)
• Focus on organic growth
combined with transformative
and bolt-on acquisitions
• Divested commodity businesses
tied to more cyclical end markets
• Expanded presence in high
growth areas of sustainable
solutions, specialty healthcare
applications, composites and
more resilient end markets
5.4%
11.5%
16.1%
2006 2018 2022PF
$142
$408
$585
2006 2018 2022PF
2006 figures exclude joint venture results
19
RETURNING CASH TO SHAREHOLDERS
Growing Dividend
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
1.0
11 12 13 14 15 16 17 18 19 20 21 22
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
0.99
11 12 13 14 15 16 17 18 19 20 21 22 23
~$1Bn
REPURCHASED
OVER LAST 11 YEARS
~$550MM
PAID OVER LAST 11 YEARS
Dividends Share Repurchases
Cumulative Buybacks
$
B
n
$
p
e
r
sh
a
re
$2.95
2022 PRO FORMA
ADJUSTED EPS
Earnings Growth
Expanding Profitability
$0.15
$1.09
$2.08
$2.67
$2.95
2009 2012 2015 2018 2022PF
T H I R D Q U A R T E R 2 0 2 2
R E S U L T S
$110
$119
2021 2022
$0.61
$0.59
2021 2022
Q3 2022 PERFORMANCE
( T O TA L C O M PA N Y C O N T.
O P S )
21
Sales Adjusted EBITDA
$818
$823
2021 2022
+ 1%
Adjusted EPS
+ 8% - 3%
(in millions) (in millions)
(+ 9% excluding FX) (+ 18% excluding FX) (+ 5% excluding FX)
Q3 EBITDA BRIDGE
( P R O F O R M A T O TA L C O M PA N Y )
22
Price increases more than
offset raw material and
supply chain impacts
$ millions
CAI:
68Price / Mix
(44)Inflation
SEM:
41Price / Mix
(26)Inflation
39Net Price Benefit
(14)Wage and Energy Inflation
6Clariant Color Integration Synergies
14Incentives, Other Employee Costs
(11)FX
$137 Q3 2022
Adjusted
EBITDA
$ 142Q3 2021
(39)Demand
Q3 2022 SEGMENT PERFORMANCE
23
CAI
$587
$566
Sales
($ in millions)
$93 $93
EBITDA
SEM Pro Forma
$326 $319
Sales
$70
$62
EBITDA
(+ 4% excluding FX)
- 4% - 2%
(+ 5% excluding FX)
Flat
(+ 7% excluding FX)
- 11%
(- 7% excluding FX)
$500
$585
Cont.
https://www.avient.com/sites/default/files/2023-12/CAI W_C - Product Selection Guide EMEA_0.pdf
COLORANTS AND
ADDITIVES FOR
WIRE & CABLE
PRODUCT SELECTION GUIDE
ONCOLOR™ COLORANTS
FOR WIRE & CABLE
APPLICATION DESCRIPTION
PVC General Purpose Cable
• Optimal incorporation in PVC formulations
• Non ortho-phthalate range available
PVC Automotive Cable
• Optimized colors for T2 and T3 automotive applications
• Non ortho-phthalate range available
Unfilled PE, XLPE, PP Cable
• Specific color range for unfilled polyolefins
• Compatibility with cross-linkable systems
• Special range to minimize shrinkage or for thin skin applications
Filled Polyolefins,
Non-Halogenated Flame
Retardant PE Cable
• Full range of colors, halogen-free or low amounts of halogens
• Designed for incorporation into various non-halogenated flame retardant
formulations
PE Visico/Ambicat™
Crosslinked Polyethylene1
• Full range of colors for PE Visico/Ambicat™ cross-linked polyethylene
• Specifically designed and tested to ensure compatibility with this
cross-linking method
Thermoset Rubber Cable
• Colors designed for use with thermoset rubber
• Fully compatible with vulcanization process
Unfilled TPU Cable
• Color range for unfilled polyester or polyether TPU
• Provides good opacity at low addition levels
Flame Retardant TPU Cable
• Color range for filled/non-halogenated flame retardant TPU
• Provides good color strength
TPE Cable
• Color range designed to enhance performance of various TPE brands
• High temperature range available
PA Cable
• Different color ranges available depending on the polyamide type and the
application
PBT Cable
• PBT color range mostly used in optical fiber, loose tube or tight buffered cables
• Selection of pigments to prevent migration of color in gel-filled materials
1 Visico/Ambicat™ Crosslinked Polyethylene is a trademark of Borealis
OnColor™ Colorants for wire & cable offer a
comprehensive range of color series, covering
the diverse specifications demanded by the cable
industry.
These include enhanced light resistance, high
temperature resistance, ageing test resistance, low
shrinkage, and many other performance criteria that
can be required in the final application.
In addition, we can provide other
specialty formulations for cable applications
such as:
• Colorant Chromatics™ Fluoropolymers And
High Temperature Colorants
• ECCOH™ Low Smoke and Fume Non-Halogen
Formulations for cable insulation and jackets
• Syncure™ XLPE Cross-linkable Polyethylene
Formulations for power cable insulation
• Maxxam™ FR Formulations for wire and cable
With our long history of providing high-quality
products and total polymer solutions to the wire
and cable industry, we are uniquely positioned
as a single source provider of customized
solutions for polymer processors serving
virtually any market.
https://www.avient.com/sites/default/files/2020-11/infographic-advanced-composites-ebook.pdf
Advantages
High temperature resistance, creep resistance,
low viscosity, paintability, and fatigue resistance
A thermoplastic is not cross-linked so it can be
re-melted and reformed.
Advantages
Recyclability, enhanced toughness, chemical
resistance, noise and vibration damping,
post-formability, and lower density
DURABILITY
STRENGTH
• Corrosion resistance for
marine and deep water
applications
• Improved shock
resistance with
aramid fibers
• Protection from shrapnel
for military barriers
• Structural performance in
aerospace and marine markets
• High tensile strength for
industrial applications
© 2020 Avient, All Rights Reserved
For more information on advanced composites,
visit avient.com or call +1.844.4AVIENT
http://avient.com
https://www.avient.com/sites/default/files/2023-11/LFT for Bicycles Application Graphic.pdf
REDUCED WEIGHT
40–50% weight reduction
when switching from metal,
portability
SOLUTION: Long carbon
fiber reinforced composites
SUSTAINABILITY
PIR/PCR content incorporation
SOLUTION: Recycled content
long fiber thermoplastics
STRENGTH
IN EXTREME
ENVIRONMENTS
High strength-to-weight ratio,
high and low temperature
performance
SOLUTION: Long carbon
fiber reinforced composites
CORROSION
RESISTANCE
Metal replacement, eliminate
secondary operations, slow
moisture uptake
SOLUTION: Moisture resistant
long fiber reinforced nylons
ELECTRIFYING
STRENGTH
Ignite a passion for exploration and push
the boundaries of durability with long
fiber thermoplastic technology for bikes,
engineered to excel in extreme challenges!
https://www.avient.com/center-of-excellence/avient-asia
No.188 Quanzhou Road, Zhongxin Suchu High-Tech Industrial Development Park, P.R.
016 Fenghuang South Rd, High-Tech Zone 271100
No.476 Libing road, Pudong High-tech Zone, 201406
https://www.avient.com/sites/default/files/2020-09/crtm-panel-product-bulletin-2020.pdf
CRTM™ (Continuous Resin Transfer Molding)
Reinforced Composite Sandwich Panels
Lightweight, high-performance metal replacement solution
PRODUCT DESCRIPTION
Lightweight CRTM panels are custom engineered,
high quality composite sandwich panels designed
to deliver the structural benefits of metal panel
systems.
The unique manufacturing process
yields uniform quality throughout the panel,
ensuring complete resin impregnation, high
fiber volume content, low void content, uniform
thickness, and core bonding throughout.
https://www.avient.com/sites/default/files/2022-08/2022 Glasforms EC Application _ Product Selection Guide.pdf
Proprietary
composite formulations and technologies
prevent voids and produce high-quality cores
that withstand stringent electrical testing and
end-use manufacturing stresses such as thermal
overmolding and mechanical crimping.
Performance advantages:
• Non-conductive: formulations engineered
to optimize composite dielectric properties
• Lightweight: up to 80% lighter than porcelain,
reducing installation time and cost
• High strength: high tensile, compressive,
flexural and inter-laminar shear strength
to support various design configurations
and line loads
• Flexible: deflect and return to original shape
for load dampening to minimize damages
and outages
• Durable and shatter resistant vs. ceramic
and glass, and UV and corrosion resistant
for long service life
INSULATORS
AND ARRESTERS
OVERHEAD
SWITCH RODS
CROSSARMS
AND BRACES
COMPOSITE
POLES
GUY
INSULATORS
Electrical Transmission & Distribution Applications
COMPONENT DESCRIPTION SIZES
Insulators for transmission and distribution
Suspension insulators Epoxy/corrosion resistant glass rods .625" to 1.25" diameter
Line post and station
post insulators
Epoxy/glass fiber rods 1.50" to 4.74" diameter
Arresters
Cage type Polyester or vinyl ester/glass fiber rods .125" to .50" diameter
Custom tubular
Polyester, vinyl ester or epoxy/
glass fiber custom shapes
2.0" to 6.0" envelope size
Pole line construction
Conductor standoff and
equipment support arms
Polyester/glass fiber rods 1.50" to 2.00" diameter
Guy strain insulators Polyester/glass fiber rods 0.50" to .812" diameter
Cross arms
Tangent and deadend,
support braces
Polyester/glass fiber
rectangular tubes
3.62" x 4.62" and
4.0" x 6.0" rectangular
Utility poles
Composite poles
Polyester/glass fiber hollow
custom tubes
10" to 14" diameter,
typical lengths 40' to 110'
Pole line construction, cross arms, rods, and utility poles feature an integral fabric surfacing veil for long-term weather resistance
and retention of properties.
https://www.avient.com/sites/default/files/2020-09/stat-tech-for-adas-application-bulletin.pdf
AUTOMOTIVE SOLUTIONS
EMI/RFI SHIELDING & STATIC
DISSIPATIVE FORMULATIONS
FOR ADVANCED DRIVER
ASSISTANCE SYSTEMS
Advanced Driver Assistance Systems (ADAS), comprised of sensitive electronics such as sensors, cameras
and electronic control units (ECUs), require high-performance materials to protect them from static buildup,
EMI/RFI interference and other issues.
STAT-TECH
AS-10CF/000
BLACK
STAT-TECH
ST3200-0010 NH FR
BLACK
STAT-TECH
ST9620-0020 ES
RED
STAT-TECH
NN-40CF/000 NH
FRV0 NATURAL
Applications
Sensor, Camera
& ECU Housings
Sensor, Camera
& ECU Housings
Sensor, Camera
& ECU Housings
Sensor, Camera
& ECU Housings
Defining
Features
Antistatic
Conductive
EMI Shielding
Flame Retardant
EMI Shielding
Good Chemical
Resistance
High Stiffness
Filler/
Reinforcement
Carbon Fiber,
10% by Wt
—
Nickel-Coated
Carbon Fiber
Carbon Fiber,
40% by Wt
Surface
Resistivity
1.0E+2 to 1.0E+6
ohms
1.5E+4
ohms
1.0E+2 to 1.0E+4
ohms
1.0E+2 to 1.0E+5
ohms
Shielding
Effectiveness
(10GHz, 1/8"
thickness)
— —
61
dB
70
dB
HOW STAT-TECH MATERIAL MAKES THE DIFFERENCE IN AUTOMOTIVE
ADAS SENSORS, CAMERAS AND ECUS
Protection from static buildup – Stat-Tech
material reduces static buildup with surface
resistivity between 1.0E+2 ohms and 1.0E+6 ohms,
minimizing sparks from damaging nearby electrical
components, especially those near fuel storage.
High performance without secondary
operations – When using Stat-Tech material,
painting and vacuum metallization are not
necessary in order to achieve the performance you
need from your ADAS systems, therefore cutting
down on the processing times and costs associated
with using aluminum.
https://www.avient.com/sites/default/files/2024-02/CAI W_C Colorants and Additives for TPU Product Bulletin _A4.pdf
Avient colorants for TPU
applications are specifically designed to reach
high quality standards.
ONCOLOR™ COLORANTS FOR
WIRE & CABLE
Key Features
• A color range for unfilled TPU, providing good
opacity at low addition levels
• Includes colors for filled, non-halogen flame
retardant TPUs that are designed to enhance
color strength
• The same color concentrate reference can be
used for both unfilled and filled TPU resin,
minimizing inventory
• Custom solutions can be formulated for
charging cables to help maintain performance
including good weather and hydrolysis
resistance as well as providing high color
strength for bright colors
• Compared to regular colorants, OnColor™
Colorants for wire and cable can help reduce
dosing levels and maximize the original
properties of the TPU material
PRODUCT BULLETIN
1.844.4AVIENT
www.avient.com
Copyright © 2024, Avient Corporation.
They
provide excellent contrast for dark or light
colors with high resistance to external friction
or chemicals
• Smartbatch™ Combination Colorants &
Additives: Combines colorants and
performance enhancing additives in a single
formulation for easier dosing. e.g., long-term
light stabilization additive and custom color
in one pellet.