https://www.avient.com/investor-center/news/avient-signs-agreement-divest-distribution-business-hig-capital-950-million
Sustainable infrastructure solutions that increase energy efficiency, renewable energy, natural resource conservation and fiber optic / 5G network accessibility
https://www.avient.com/resources/safety-data-sheets?page=4297
T823.0 ETFE2183 COMPOUND 25% GLASS FIBER
https://www.avient.com/sites/default/files/resources/POL%2520Sidoti%2520IR%2520Presentation%2520w%2520Non%2520GAAP%25203%252018%25202014.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
PolyOne Commodity to Specialty Transformation
Page 4
• Continue specialty
transformation
• Targeting $2.50
Adjusted EPS by
2015, nearly
double 2013 EPS
• Drive double digit
operating income
and adjusted EPS
growth
• 17 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
• 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
• Volume driven,
commodity
producer
• Heavily tied to
cyclical end markets
• Performance largely
dependent on non-
controlling joint
ventures
2000-2005 2006 - 2009 2010 – 2013 2014 and beyond
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
PolyOne S&P 500 Russell 2000 Dow Jones Chemical
All time high of
$38.38
March 7th, 2014
• 17 consecutive quarters of
double digit EPS growth
• 49% CAGR adjusted EPS
expansion 2006-2013
• 2013 stock price increased
73% versus 30% growth in the
S&P
• More than seven fold increase in
market cap: $0.5b $3.6b
Strategy and Execution Drive Results
Page 5
Appliance
4%
Building &
Construction
13%
Wire & Cable
9%
Electrical &
Electronics
5%
Consumer
10%Packaging
16%
Industrial
12%
HealthCare
11%
Transportation
18%
Misc.
2%
United
States
66%
Europe
14%
Canada
7%
Asia
6%
Latin
America
7%
PP&S
20%
Specialty
53%
Distribution
27%
0.12
0.27 0.21
0.13
0.68
0.82
1.00
1.31
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 2013 2015
Target
A
dj
us
te
d
Ea
rn
in
gs
P
er
S
ha
re
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
EPS
Page 6
PolyOne
At A Glance
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34%
43%
62%
65-
75%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2015
%
o
f O
pe
ra
ti
ng
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
Specialty OI $5M $46M $87M $195M Target
Mix Shift Highlights Specialty Transformation
2015
Target
Page 7
2006 2013 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 12.2% 12 – 16%
Global Specialty Engineered
Materials 1.1% 9.3% 12 – 16%
Designed Structures & Solutions -- 5.6% 8 – 10%
Performance Products &
Solutions 5.4% 7.2% 9 – 12%
Distribution 2.6% 5.9% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 62% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.1% 15%
4) Adjusted EPS Growth N/A 31%
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
Bridge To $2.50 Adjusted EPS By 2015
2015 EPS: $2.50
2013 EPS: $1.31
Mid single digit
revenue CAGR
Page 9
Mergers & Acquisitions
Spartech accretion
Incremental share buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation &
Mix Improvement
Innovation Drives Earnings Growth
$20.3
$52.3
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
Page 10
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 11
Unique and Innovative Solutions that Help
Customers Win
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/uD3p_bdglP/Presentation revise pics/GLS Beverage can closure XO 2.jpg
https://www.dropbox.com/sh/dwe4t8aacvhb8ui/-YgkycKypw/Anti-Counterfeiting release & images/GN1979.JPG
Net Debt / EBITDA* = 1.8x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Significant Debt Maturities
As of December 31, 2013
($ millions)
Page 12
Coupon Rates: 7.500% 7.375% 5.250%
Debt Maturities & Pension Funding – 12/31/13
*TTM 12/31/2013 ** includes US-qualified plans only
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2013
Pension Funding**
As of December 31, 2013
Free Cash Flow and Strong Balance Sheet Fund Investment
• Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
• Synergy opportunities
• Adjacent material solutions
• Expanding our sales,
marketing, and technical
capabilities
• Investing in operational and
LSS initiatives (including
synergy capture)
• Manufacturing alignment Organic
Growth
Share
Repurchases
Dividends
Acquisitions
Page 13
$0.16
$0.20
$0.24
$0.32
$0.00
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
• Repurchased ~5 million
shares in 2013
• 15 million shares
are available for
repurchase under
the current
authorization
The New PolyOne: A Specialty Growth Company
2015 Target: $2.50 Adjusted EPS
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/resources/POL%2520CFA%2520IR%2520Presentation%2520w%2520non%2520GAAP%252011%252019%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
Three Months Ended
September 30, 2013
Three Months Ended
September 30, 2012 (a)
Reconciliation to Condensed Consolidated Statements of Income $ EPS $ EPS
Net income from continuing operations attributable to PolyOne shareholders $ 23.2 $ 0.24 $ 19.4 $ 0.22
Special items, after tax 10.5 0.11 5.3 0.06
Tax adjustments (b) 1.8 0.01 0.1 -
Adjusted net income / EPS $ 35.5 $ 0.36 $ 24.8 $ 0.28
Three Months Ended
September 30,
Reconciliation to Condensed Consolidated Operating Income 2013 2012 (a)
Operating income before special items $ 72.4 $ 51.8
Special items in operating income (10.8) (8.3)
Operating income, GAAP $ 61.6 $ 43.5
(a) Adjusted to reflect the resins business as a discontinued operation.
https://www.avient.com/sites/default/files/2025-01/Securities Trading Policy %282024%29 Final.pdf
This policy will continue to apply to any employee or agent whose relationship with the
Company terminates as long as the individual possesses Inside Information.
2.
If the relationship of an individual with
the Company should terminate while such a notice is in effect, the prohibition will
continue to apply until the General Counsel gives notice that the ban on trading has been
lifted.
11.
https://www.avient.com/sites/default/files/2022-03/Trilliant HC Electrically Conductive Formulations for Pipette Tips Application Bulletin.pdf
APPLICATION BULLETIN
1 Typical properties: these are not to be construed as specifications
HOW TRILLIANT™ HC FORMULATIONS HELP TO SOLVE THE MOST DIFFICULT
PERFORMANCE AND PROCESS CHALLENGES
Trilliant HC conductive thermoplastics can be customized to meet your unique challenges.
https://www.avient.com/sites/default/files/2020-09/chemically-compatible-tpes-for-cosmetic-pkg-application-bulletin.pdf
Avient’s chemically compatible Versaflex™ PKG
thermoplastic elastomers provide a wide range of tactile finishes and surface textures and are REACH SVHC
compliant.
https://www.avient.com/sites/default/files/2021-09/cai-biopolymers-brochure-2021.pdf
Industry Standards
ADDITIVE PRODUCT CODE PROCESS BENEFITS
Anti Block CC10128310BG PLA Film Improve Separation
Slip Agent CC10144939BG PLA Fibers
Aids Process/
Stickiness Reduction
Slip Agent CC10299977BG BOPLA Film
Stickiness Reduction
(End Products)
Anti Block/Slip Agent CC10272954BG PLA Film
Improve Separation/
Opening of the Bags
Anti Block/Slip Agent BLA0050104 Injection
Improve Overall Process
for Ejection
Anti Block/Slip Agent CC10178477BG BOPLA Film
Stickiness Reduction/
High Transparency
Metal Release CC10312144BG
Extrusion
Coating
Good Chill Roll Release
Melt Enhancer BLA0025041 PLA Sheet
Melt Stabilizer for
Thermoform Sheet
COLOR PRODUCT CODE MB CARRIER COMMENTS
Black CC10253380BG Blend 30% Carbon Black
Black CC10085911BG PLA 30% Carbon Black
Black CC10324006BG PBAT 40% Carbon Black
White BL00050101 PLA 60% TiO2
White CC10245763BG Blend
60% TiO2 +
Blue Undertone
White CC10194583BG PBAT 70% TiO2
ONCAP™ BIO & CESA™ ADDITIVES –
FOR FLEXIBLE FILM APPLICATIONS
ONCOLOR™ BIO & RENOL™ COLORANTS –
FOR INDUSTRIAL, AGRICULTURAL & HORTICULTURAL APPLICATIONS
See the World in Color
The coloration of biodegradable polymers—such
as PLA, PHA, PBAT or blends—requires a careful
selection of pigments that must comply with strict
environmental standards.
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.
https://www.avient.com/sites/default/files/resources/AquaMix-_Fact_Sheet__72831-B_%25281%2529.pdf
Aquamix products are available in 5-gallon pails; 55-gallon polyethylene-lined fiber drums; totes; tanker-trucks; or
customized packaging to fit your specific requirements.
Aquamix products are available in 5-gallon pails; 55-gallon polyethylene-lined fiber drums; totes; tanker-trucks; or
customized packaging to fit your specific requirements.