https://www.avient.com/sites/default/files/2021-02/avients-publication-of-uk-tax-strategy.pdf
It will be republished in the event that Avient Group’s UK tax strategy changes.
It will also make sure that such planning will support Avient Group’s commercial strategies and economic activities in the UK.
Further information The Avient Group’s publication of its UK tax strategy is applicable to all members of the Avient Group.
https://www.avient.com/knowledge-base/article/why-three-party-collaboration-leads-bottle-manufacturing-success?ind[]=6599
In the bottle manufacturing industry, a three-party collaboration strategy between additive suppliers, converters, and brands can be crucial for achieving optimal efficiency and reaching sustainability goals.
Why Brands and Preform Manufacturers May Hesitate
The Need for Collaboration
For the bottle manufacturing industry to fully realize the benefits of using bottle-blowing process aids, a three-party collaboration strategy is essential.
https://www.avient.com/knowledge-base/article/why-three-party-collaboration-leads-bottle-manufacturing-success
In the bottle manufacturing industry, a three-party collaboration strategy between additive suppliers, converters, and brands can be crucial for achieving optimal efficiency and reaching sustainability goals.
Why Brands and Preform Manufacturers May Hesitate
The Need for Collaboration
For the bottle manufacturing industry to fully realize the benefits of using bottle-blowing process aids, a three-party collaboration strategy is essential.
https://www.avient.com/sites/default/files/2022-10/Paint Sprayer Application Snapshot_0.pdf
INDUSTRIAL EQUIPMENT OEM P A I N T S P R A Y E R • Meet or exceed UL94 V-2 flame rating • Able to interact with existing bulk chemistry without compromising functionality or brand color and aesthetics • Deliver cost targets while providing operational efficiency and a working capital strategy • Accelerate product development timeline, and provide UL94 testing verification prior to production trials • Achieved all flame rating requirements and assisted with regulatory approvals • Developed a proprietary Smartbatch solution that minimized potential effects from interaction with current bulk chemistries • Provided needed support with qualification process and testing requirements, saving time and cost • Afforded on-going support with A2LA test labs, sampling, and lot-to-lot consistency with exacting performance Smartbatch™ Formulation: Cesa™ Flame Retardant Additives and OnColor™ Colorants KEY REQUIREMENTS WHY AVIENT?
https://www.avient.com/sites/default/files/resources/Innovation_Day_-_May_2014_0.pdf
Patterson 12:00-1:00 PM Lunch PolyOne Corporation Page 7 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 • 18 consecutive quarters of double- digit adjusted EPS growth • Shift to faster growing, high margin, less cyclical end markets • Key acquisitions propel current and future growth, as well as margin expansion • Established aggressive 2015 targets • Continue specialty transformation • Targeting $2.50 adjusted EPS by 2015, nearly double 2013 EPS • Drive double digit operating income and adjusted EPS growth PolyOne Corporation Page 8 Specialty 54% PP&S 18% Distribution 28% 2013 Revenues: $3.8 Billion 2013 Revenues: $3.8 Billion United States 67% Europe 14% Canada 7% Asia 6% Latin America 6% $13 $31 $46 $46 $92 $96 $122 $195 $0 $50 $100 $150 $200 2006 2007 2008 2009 2010 2011 2012 2013 End Markets Specialty Operating Income PolyOne At a Glance Building & Construction 13% Industrial 12% Transportation 18% Wire & Cable 9% Packaging 16% Consumer 10% HealthCare 11% Appliance 6% Electronics & Electrical 5% PolyOne Corporation Page 9 Old PolyOne Transformation *Operating Income excludes corporate charges and special items 2% 34% 43% 62% 64% 0% 20% 40% 60% 80% 100% 2005 2008 2010 2013 Q1 2014 2015 % o f O p e ra ti n g I n c o m e * JV's Performance Products & Solutions Distribution Specialty 65-75% Specialty OI $5M $46M $87M $195M $60M Target Mix Shift Highlights Specialty Transformation 2015 Target PolyOne Corporation Page 10 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 11 -150.00% -50.00% 50.00% 150.00% 250.00% 350.00% 450.00% 550.00% PolyOne S&P 500 Strategy and Execution Drive Results $0.12 $0.27 $0.21 $0.13 $0.68 $0.82 $1.00 $1.31 '06 '07 '08 '09 '10 '11 '12 '13 ‘06-‘13 EPS CAGR = 41% EPS Share Price vs.
Patterson President and Chief Executive Officer PolyOne Corporation Page 27 Well Positioned for Revenue Growth Addressable Market by Platform $540 $215 $120 $40 $260 $525 ($ millions) Design/Service Sustainable Solutions Surface Modification Lightweighting Thermal Control Flame Retardancy $1.0 - $2.0 Billion of revenue generated from new products in 5 years Gross margin on new products exceed current gross margin by at least 10 percentage points World class vitality index of ≥ 35% 2018 PolyOne Corporation Page 28 Megatrends Aligned with Key End Markets Decreasing Dependence on Fossil Fuels Protecting the Environment Improving Health and Wellness Megatrend End Markets Globalizing and Localizing Health & Wellness Transportation Packaging Consumer PolyOne Corporation Page 29 2006 2013 Revenue ($ millions) Health and Wellness Evolution General purpose tubing TPE applications from GLS Specialty tubing Ergonomic enhancements Pre-certified biocompatible colorants Highly sophisticated catheter and drug delivery components Chemical and heat sterilizable materials Authentication and protection technologies Addressing wellness, prevention, diagnostic and therapy changes in healthcare setting Healthcare packaging solutions 2006 2015 & Beyond $416 $105 PolyOne Corporation Page 30 Transportation Evolution General purpose formulations (bumpers, roof racks) Long fiber for lightweighting Thermal management for LED lighting Thermoset composite pultrusions Conductive polymers for EMI shielding Formulations for aerospace interiors Thermoplastic composites High temperature formulations for aerospace Expand 3D printing capabilities 2006 2015 & Beyond 2006 2013 Revenue ($ millions) $709 $315 PolyOne Corporation Page 31 Packaging Evolution Masterbatch colors and PVC packaging materials TPEs to enhance brand appeal and consumer functionality Liquid color and additive technologies to extend shelf life, preserve taste and differentiate brands Leveraging color, additives and sheet technology for healthcare and consumer packaging solutions 2006 2015 & Beyond 2006 2013 Revenue ($ millions) $612 $260 PolyOne Corporation Page 32 Consumer Evolution Commodity plastic and masterbatch color solutions Engineered materials to enhance customer appeal through visual and performance improvements Formulated metal- to-polymer conversion to enhance performance and reduce manufacturing costs Biopolymers & composite materials leveraging unique color technology to build brand identity 2006 2015 & Beyond 2006 2013 Revenue ($ millions) $394 $228 PolyOne Corporation Page 33 Interactive Display Introduction PolyOne Corporation Page 34 Interactive Displays INNOVATION DISCUSSION LEADER TECHNOLOGIES MARKETS Polycast™ Bullet Resistant Sheet Aerospace GlasArmor™ Ballistic Resistant Panels Security reFlex™ Bio-Based Plasticizer Solutions Wilflex™ Oasis Hydrate InVisiO℠ Color Inspiration Forecast In-Store Audits OnColor™ Portfolio Light Weighting Thermal Management Corrosion Resistance Design Flexibility Sustainability Global Supply Chain Ergonomics and Aesthetics Consumer Appeal 9) Consumer Electronics Solutions Walter Ripple General Manager GLS Personal Electronics Wearable Electronics Hand Held Devices Portable Audio 7) Metal Replacement Technology Kurt Schuering Vice President Global Key Account Management Aerospace Transportation Electrical & Electronics Sporting and Shooting 8) Medical Device Solutions Dr.
Strong past performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with our strengths Innovation and services provide differentiation, incremental pricing power, and competitive advantage Strong and proven management team driving growth and performance Addressable market exceeds $40 billion PolyOne Corporation Page 44 Appendix Kiosk Summaries Segments at a Glance Officer Biographies PolyOne Corporation Page 45 Anti-Counterfeiting Solutions Includes formulation and consultative services to assist manufacturers and brand owners in positively identifying their packaging, devices, end products and raw materials in the field Protects brand equity – defense against customer complaints or legal actions based on erroneous product identification Protects consumer welfare – decrease in potential harm to consumers, reduction in unwarranted recall expenses Secures supply chain integrity – support for safe expansion into new geographies PolyOne Corporation Page 46 Security and Safety Solutions Polycast™ Bullet Resistant Sheet, an optically clear, non-yellowing acrylic, provides ballistics protection against powerful weapons • High-impact resistance that foils “smash-and-grab” thieves GlasArmor™ Bullet Resistant Panels, a UL-listed solution with superior ballistic resistance yet weights 75% less than steel panel • Used in commercial security applications for business, home, and governmental facilities PolyOne Corporation Page 47 3D Printing Collaborating with customers using 3D printers to create prototypes and samples Enables customers to develop and test their products and innovations quickly and accurately 3D printing of molds and inserts allows OEMs to develop and test new product innovation using their own equipment and material of choice, more efficient than traditional processes PolyOne Corporation Page 48 Enhanced Ergonomic Technologies Versaflex™ VDT was developed to absorb vibration and noise in a broad range of applications, including minimally invasive surgical instruments, electronics, firearms, archery and automotive Can be overmolded onto a rigid substrate without the need for an adhesive to increase production efficiencies and profitability Creates value by: • Increasing end-user comfort • Eliminating secondary assembly • Differentiating end products PolyOne Corporation Page 49 Sustainable Solutions reFlex™ Bio-Based Plasticizer non- phthalate additive used to make vinyl more flexible • Derived primarily from soybeans rather than petroleum • Certified by USDA BioPreferred® program Wilflex™ Oasis Water-Based Inks satisfy consumer demand for eco- conscious products • Long screen life and production- friendly to improve operational efficiencies, increase design quality PolyOne Corporation Page 50 Color and Design Services First-of-its-kind offering that supports color and product development from concept to reality Helps brand managers and designers evaluate color and design alternatives to: – accelerate and streamline product development – strengthen brand equity – build marketplace excitement Enhances product differentiation Improves efficiency and profitability PolyOne Corporation Page 51 Metal Replacement Technology Portfolio of solutions that meet upper range of performance requirements, removing barriers to replacing metal with polymers Applications include: • LED heat sinks • Electronic shielding (EMI/RFI) • Structural integrity at elevated temperatures (i.e., large appliances) • Lead-free radiation shielding (i.e., CT scanners) Creates value by eliminating the need for machining and secondary operations, removing weight, streamlining production and improving cost efficiencies PolyOne Corporation Page 52 Medical Device Solutions Catheters made using NEU™ View patent-pending technology are optically translucent, and have superior contrast under X-ray (radiopaque) when compared with alternative catheter materials Formulations for cardiovascular and intravascular catheters are application-specific, incorporating medical-grade polymers, additives, color, and healthcare-centric manufacturing practices Only commercially available product that has excellent visibility, both optically and under X-ray, to bolster clinician confidence and offer significant market advantage PolyOne Corporation Page 53 Consumer Electronics Solutions Ability to offer multiple technology solutions on a global basis for this industry, where many OEMs design in one region, prototype in another, and manufacture in yet another Sustainable / “green” solutions help customers to differentiate in this market New formulations for emerging wearables market that meet skin contact requirements and aesthetic needs PolyOne Corporation Page 54 Appliances 4% Building & Construction 4% Consumer 17% Electrical & Electronics 16% Healthcare 12% Industrial 8% Packaging 7% Transportation 19% Wire & Cable 13% At a Glance Global Specialty Engineered Materials 2013 Revenues: $0.6 Billion Solutions 2013 Revenue by Industry Segment Expanding Profits 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12-16% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 2015 Operating Income % of Sales Target United States 43% Europe 33% Canada 2% Asia 18% Latin America 4% 11.6% PolyOne Corporation Page 55 Appliances 2% Building & Construction 11% Consumer 5% Electrical & Electronics 6% Healthcare 7% Industrial 13% Packaging 34% Transportation 10% Wire & Cable 12% Target At a Glance Global Color, Additives and Inks 2013 Revenues: $0.9 Billion Solutions Expanding Profits 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 12-16% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 2015 Operating Income % of Sales United States 44% Europe 37% Canada 2% Asia 11% Latin America 6% 2013 Revenue by Industry Segment 13.8% PolyOne Corporation Page 56 At a Glance Designed Structures and Solutions Solutions 2013 Revenues: $0.6 Billion Expanding Profits 2.2% 8 - 10% 6.5% 2012 PF Q1 2013 Q1 2014 2015 Operating Income % of Sales 0.2% Target United States 96% Canada 3% Latin America 1% Appliances 2% Building & Construction 10% Consumer 11% Healthcare 6% Industrial 13% Packaging 32% Transportation 26% 2013 Revenue by Industry Segment PolyOne Corporation Page 57 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2013 Revenues: $0.8 Billion United States 81% Europe 1% Canada 14% Asia 2% Latin America 2% 9-12% Target 2013 Revenue by Industry Segment Appliances 8% Building & Construction 34% Consumer 4% Electrical & Electronics 3% Healthcare 1%Industrial 10% Packaging 6% Transportation 16% Wire & Cable 18% 2015 7.7% PolyOne Corporation Page 58 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 6 - 7.5% 2006 2007 2008 2009 2010 2011 2012 2013 Q1 2014 2015 Operating Income % of Sales 15.3% 46.0% 2006 Q1 2014 At a Glance Distribution *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Solutions 2013 Revenues: $1.1 Billion ROIC* Expanding Profits Target Appliances 5% Building & Construction 5% Consumer 14% Electrical & Electronics 5% Healthcare 24% Industrial 16% Packaging 5% Transportation 23% Wire & Cable 3% 6.1% http://www.polyone.com/Pages/VariationRoot.aspx
https://www.avient.com/knowledge-base/article/no-gambling-successful-molded-color-transition?rtype[]=1164
If you are a manufacturer who is interested in the applicability of a MIC strategy or has felt challenged with predicting and understanding your final part aesthetic, this webinar is for you.
A real-world case study of an automotive trim part where our prediction method was used to understand how the injection strategy and part texture contributed to highlighting, eliminating or masking defects
https://www.avient.com/knowledge-base/article/no-gambling-successful-molded-color-transition?ind[]=6601
If you are a manufacturer who is interested in the applicability of a MIC strategy or has felt challenged with predicting and understanding your final part aesthetic, this webinar is for you.
A real-world case study of an automotive trim part where our prediction method was used to understand how the injection strategy and part texture contributed to highlighting, eliminating or masking defects
https://www.avient.com/knowledge-base/article/no-gambling-successful-molded-color-transition
If you are a manufacturer who is interested in the applicability of a MIC strategy or has felt challenged with predicting and understanding your final part aesthetic, this webinar is for you.
A real-world case study of an automotive trim part where our prediction method was used to understand how the injection strategy and part texture contributed to highlighting, eliminating or masking defects
https://www.avient.com/sites/default/files/resources/Investor%2520Day%2520-%2520May%25202012%2520-%2520Global%2520Color%252C%2520Additives%252C%2520and%2520Inks.pdf
Van Hulle Page 53 United States 33% Europe 47% Canada Asia 12% Latin America Eastern Europe 2% 2011 Revenue: $0.7 Billion*2011 Revenue: $0.7 Billion* SolutionsSolutions At a Glance Global Color, Additives, and Inks Building & Construction 11% Wire & Cable 15% Consumer 6% Packaging 36% Industrial 10% Misc. 7% HealthCare 3% Transportation 6% Textiles 6% Canada 1% Latin America 5% 2011 Revenue by Industry Segment*2011 Revenue by Industry Segment* *Pro forma for the acquisition of ColorMatrix Expanding ProfitsExpanding Profits 1.7% 4.6% 5.1% 5.5% 7.1% 9.6% 12-16% 2006 2007 2008 2009 2010 2011PF 2015 Operating Income % of Sales Target Page 54 Value Proposition • GCAI is a global leader enabling OEMs and converters to profitably expand their business with customized color and additive solutions Transformation Highlights • Mix improvement and value-based selling has Value Proposition and Transformation Highlights Global Color, Additives, and Inks • Mix improvement and value-based selling has driven nearly 800 basis points increase in operating margin since 2006 • 2011 acquisition of ColorMatrix accelerates innovation pipeline and expansion into new markets > $12B Addressable Market Page 55 • Unbiased, solution-based culture selling value �Customer-centric approach � Economic value impact documented for customers • Complete package, product range and service offering �Custom solutions for customers’ unique requirements Key Differentiators Global Color, Additives, and Inks �Custom solutions for customers’ unique requirements � Industry-leading service offering • Coordinated global infrastructure �Consistency in product and customer service � Supply-chain reliability Page 56 From Volume Commodity white dominated mix To Value Focus on specialty color Global Film Customer Volume Revenue Gross Margin $ Mix Transformation – Executing the Strategy Global Color, Additives, and Inks 2010 2011 2010 2011 2010 2011 Page 57 Global Packaging Customer Volume Sales Gross Margin $ From Volume Commodity white dominated mix To Value Focus on specialty color Mix Transformation – Executing the Strategy Global Color, Additives, and Inks 2010 2011 2010 2011 2010 2011 Page 58 • OnColor™ HC Plus � Applications: Medical devices � Customer benefits: Brand enhancement, expanded market opportunities, speed-to-market • WithStand™ Antimicrobial Solutions � Applications: Healthcare devices, appliances, kitchen utensils Key Innovations Global Color, Additives, and Inks � Applications: Healthcare devices, appliances, kitchen utensils and surfaces, children’s toys � Customer benefits: Expanded market opportunities, extended product life • OnCap™ Antifog � Applications: Food packaging � Customer benefits: Extended shelf life, improved product aesthetics, production efficiencies Page 59 • $1.5 billion attractive, growing market • Additives improve performance and reduce cost through light-weighting, reduced waste, faster cycle times, and extended shelf life of finished product • Aligned with megatrend of protecting the environment Market Opportunity Shelf-life extension Greater product consistency Weight reduction Performance Additives Global Color, Additives, and Inks the environment Leading Global Supplier of Additives In Fast Growing PET Market consistency Recyclability and reduced carbon footprint Color and special effects Enhanced product aesthetics High heat resistance 4% 4% 8% 9% 9% 10% 11% 14% Western Europe North America South America MEA Easter Europe Asia Pacific China India PET 2008-13P CAGR Page 60 HyGuardTM Oxygen Barrier System • Applications: Beverage containers, food packaging • Function: Active scavenging system for ColorMatrix Innovation Global Color, Additives, and Inks • Function: Active scavenging system for oxygen-barrier improvement • Customer benefits: Extended shelf-life, light-weight, recyclable Page 61 ColorMatrix Innovation Global Color, Additives, and Inks ExceliteTM Foaming Agent • Applications: Vinyl sheet for digital printing • Function: Chemical foaming agent for weight reduction • Customer benefits: Increased product quality, operational efficiencies Page 62 Joule RHBTM Advanced Reheat Technology • Applications: PET containers • Function: Infra-red absorber for improved ColorMatrix Innovation Global Color, Additives, and Inks • Function: Infra-red absorber for improved • Customer benefits: Sustainability, operational and energy savings reheating efficiency Page 63 • Accelerate customer development pipeline with OnColor™ HC Plus • Provide solutions addressing infection concerns in healthcare facilities Areas of Focus Global Color, Additives, and Inks $8.7 $20.0 Healthcare 2006 2011PFconcerns in healthcare facilities • Help customers expand into new markets with HyGuard™ technology • Extend food shelf life and consumer appeal with OnCap™ Anti-Fog $130.2 $268.0 2006 2011PF Packaging 2006 2011PF (Revenue in $ millions) 2006 2011PF 2006 2011PF Page 64 Critical Imperatives and 2015 Goal Global Color, Additives, and Inks Critical Imperatives • Integrate and leverage ColorMatrix technology and customer relationships • Identify and focus on specialty applications within our target markets • Accelerate global expansion and profitability improvements in emerging markets, leveraging success in U.S. and Europe 2015 Goal • 12 - 16% return on sales Page 65 Page 66
https://www.avient.com/sites/default/files/2022-08/AVNT Aug 2022 Presentation - Jefferies.pdf
In particular, these include statements relating to future actions; prospective changes in raw material costs, product pricing or product demand; future performance; estimated capital expenditures; results of current and anticipated market conditions and market strategies; sales efforts; expenses; the outcome of contingencies such as legal proceedings and environmental liabilities; and financial results.
OUR STRATEGY Specialization Differentiates us through unique value-creating offerings to our customers.
We partner with Brand Owners / OEMs, processors and assemblers to enable their goals in applications like packaging, healthcare, consumer goods, transportation, wire & cable, building & construction and textiles.