https://www.avient.com/investor-center/news/polyone-promotes-joel-rathbun-senior-vice-president-mergers-acquisitions
He also led the efforts to sell the company's non-core vinyl dispersion, blending and suspension resin assets in 2013.
Specialty Engineered Materials business in North America.
M&A will be instrumental as we continue our specialty platform growth in pursuit of our 2020 Platinum Vision.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Gabelli%2520%2526%2520Co%2520Specialty%2520Chemicals%2520Conference.pdf
Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: • Our ability to identify and evaluate acquisition targets and consummate acquisitions; • The ability to successfully integrate acquired companies into our operations, retain the management teams of acquired companies, retain relationships with customers of acquired companies, and achieve the expected results of such acquisitions, including whether such businesses will be accretive to our earnings; • 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; • 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 and laws and regulations regarding the disposal of plastic in jurisdictions 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 and employee productivity goals; • Information systems failures and cyber attacks; • Our ability to continue to pay regular cash dividends and the amounts and timing of any future dividends; 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.
The non-GAAP financial measures include: adjusted EPS, Specialty platform operating income percentage, adjusted operating income, and return on invested capital. PolyOne’s chief operating decision maker uses these financial measures to monitor and evaluate the ongoing performance of the Company and each business segment and to allocate resources.
Use of Non-GAAP Measures 4POLYONE CORPORATION FORMULATION EXPERTISE SERVICE INNOVATION Expertise in Polymer Materials, Services and Solutions OEMs Brand Owners Processers Assemblers IQ Design Labs InVisiOSM Color Services LSS Customer First Specialty products & services driving customer value What We Do 5POLYONE CORPORATION PolyOne At a Glance 2017 Revenue – $3.2 billion Performance Products & Solutions 21% PolyOne Distribution 34% Specialty Engineered Materials 19% Color Additives & Inks 26% United States 59% Europe 14% Latin America 9% Canada 8% Asia 10% $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 $1.96 $2.06 $2.21 2009 2010 2011 2012 2013 2014 2015 2016* 2017 Transportation 18% Consumer 12% Healthcare 11% Packaging 11% Industrial 16% Building & Construction 12% Wire & Cable 9% Electrical & Electronics 6% Appliance 5% *Recast for DSS in discontinued operations 6POLYONE CORPORATION 2% 43% 76% 0% 20% 40% 60% 80% 100% 2005 2010 2017 % o f O pe ra tin g In co m e* *Operating Income excludes corporate charges and special items Specialty OI $5M $87M $280M JV’s Performance Products & Solutions Specialty MixDistribution Mix Shift Highlights Specialty Transformation Distribution and Contract Manufacturing Businesses 7POLYONE CORPORATION Consistently Deliver Double Digit Annual EPS Growth *ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period Proof of Performance 2020 Platinum Vision 20%+ 20%+ 12 - 14% 6.5 – 7.5% 15% 2006 2017 2020 “Where we were” “Where we are” Platinum Vision ROIC* 5.0% 14.0% Operating Income % of Sales Color, Additives & Inks 1.7% 15.5% Specialty Engineered Materials 1.1% 12.5% Performance Products & Solutions 5.5% 10.7% Distribution 2.6% 6.3% 8POLYONE CORPORATION $50 $116 $0 $40 $80 $120 $160 $200 2012 2014 2016 2018 10.8% 11.3% 10.0% 11.0% 12.0% 13.0% 14.0% 15.0% 2012 2014 2016 2017 2020 Platinum Vision *ROIC is defined as TTM adjusted OI after tax divided by the sum of average debt and equity less cash over a 5 quarter period Free Cash Flow and Improving Returns Free Cash Flow (in millions) ROIC* $200 - $220 14.0% $143 12.9% 15.0% 9POLYONE CORPORATION $767M Returning Cash to Shareholders $0 $150 $300 $450 $600 $750 2011 2012 2013 2014 2015 2016 2017 Since 2011, we have returned over $950 million to shareholders $767M Cumulative Share Repurchases (in millions) $0.16 $0.20 $0.24 $0.32 $0.40 $0.48 $0.58 $0.70 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 3-Year Dividend Plan Increasing Annual Dividend 10POLYONE CORPORATION Expanding our sales, marketing, and technical capabilities Investing in operational and LSS initiatives ~60 - 70% of capital expenditures fund growth initiatives Organic Growth Acquisitions Share Repurchases Dividends Targets that expand our: • Specialty offerings • End market presence • Geographic breadth Growth synergies Adjacent material solutions Repurchased 2.0 million shares in 2017 Repurchased 20.8 million shares since early 2013 6.5 million shares are available for repurchase under the current authorization Increased annual dividend by 30% to $0.70 per share, representing the eighth consecutive year of dividend growth Expect to increase annual dividend 60% or more cumulatively over next three years Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return 11POLYONE CORPORATION *Specialty Platform revenue from products introduced in last five years Vitality Index Progression* 12% 38% 2006 2017 Target ≥ 35% Innovation Drives Earnings Growth $20 $52 2006 2017 Research & Development Spend ($ millions) Total Specialty Addressable Market of over $2.6 Billion (10 Projects) (10 Projects) ($500 million) (19 Projects) ($1.4 billion) Innovation Pipeline Potential Frame Opportunity Prototype Scale-up and Test Market Commercial Launch $500 Million $1.4 Billion $700 Million Phase 5Phase 4Phase 3Phase 2Phase 1 Build Business Case 12POLYONE CORPORATION 2017 2021 Key Innovation Growth Platforms Composites Barrier Additive Technology Fiber Colorants Flame Retardant Polymers Increasing regulatory drive for halogen replacements $400m addressable market Drive to prevent oxygen, light and UV rays from affecting contents in PET packaging, extending shelf life $200m addressable market 60% of world fiber consumption is synthetic, need to simplify manufacturing and eliminate waste $300m addressable market Polymer formulation and process engineering create a pipeline for next generation materials Drive to replace aluminum and steel with plastics without compromising on strength Total Sales ($millions) 2017 2021 2017 2021 2017 2021 13POLYONE CORPORATION Providing LSS services to small/medium sized customers – have trained over 30 customers in LSS methodology Providing Industrial design and color services to small/medium sized customers On time delivery above 95% Strengthening Relationships: Customer First Through World-Class Service 14POLYONE CORPORATION Addressable market exceeds $40 billion Strong performance demonstrates that our strategy and execution are working Megatrends and emerging opportunities align with strengths Innovation and services provide differentiation, incremental pricing power and competitive advantage Strategic reinvestment for growth while returning cash to shareholders Strong and proven management team driving growth and performance Why Invest In PolyOne?
https://www.avient.com/news/avient-features-sustainable-composite-materials-jec-world-2022
Performance is on par with standard PET formulations using virgin resin.
This is the first offering in a planned larger long-fiber composite portfolio based on recycled resin.
We’re committed to helping our customers meet their sustainability goals in a variety of ways with our composites portfolio,” said Chris Pederson, president, Specialty Engineered Materials at Avient.
https://www.avient.com/sites/default/files/2025-06/ColorMatrix Joule Tech Bulletin.pdf
TECHNICAL BULLETIN ColorMatrix™ Joule™ Reheat Additive Proprietary IR Absorber ColorMatrix™ Joule™ reheat additive is a proprietary IR absorber manufactured and marketed by ColorMatrix worldwide for use in PET resin formulations suitable for carbonated soft drinks and beverage applications.
In order to deliver the best blow molding performance, it is customary within the conversion industry to establish ‘recipe’ guidelines per resin/per supplier as different PET resin production technologies and different specific resin formulations can significantly influence the blow molding performance.
Such recipes define the overall power input as well as the lamp configuration and other important process variables consistent with the resin and preform/ bottle design.
https://www.avient.com/resource-center/knowledge-base/case-study/innovation-cuts-solar-power-system-wiring-installation-costs
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Innovation Cuts Solar Power System Wiring, Installation Costs
https://www.avient.com/news/polyone-announces-launch-innovative-specialty-technology-serve-healthcare-industry
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PolyOne Announces Launch of Innovative Specialty Technology to Serve the Healthcare Industry
PolyOne’s specialization strategy is powered by our exceptional ability to innovate, and our launch of NEU View materials is the latest example,” said Robert M.
NEU Specialty Engineered Materials LLC is a leading provider of polymer solutions serving healthcare manufacturers worldwide.
https://www.avient.com/sites/default/files/resources/Resilience%2520LS%2520Diffuse%2520Comparison%2520Guide_No%2520CP.pdf
PMMA Considering lens performance, Resilience™ LS Frost PVC offers properties and material performance similar to PMMA, often at a significantly lower cost. 1 ASTM D-1003 measured by Polymer Diagnostics, Inc.
PDI) on extruded profiles 2 ASTM D-638 3 ASTM 256 4 ASTM D-648 66 psi, unannealed, 0.125" 5 Savings depends on profile size and production volume Acrylite is a registered trademark of Evonik Performance Materials Lens Performance Resilience™ LS Frost PVC Acrylite® Satinice Frost PMMA Light Transmission1 at 0.060" (1.5mm) 83% Low Diffusion 78% Medium Diffusion 75% High Diffusion 81% Low Diffusion Diffusion Half Power Angle (DLD) 26° Low Diffusion 41° Medium Diffusion 58° High Diffusion 26° Low Diffusion Tensile Strength2 Tensile Modulus2 Tensile Elongation (break)2 7,360 psi 400,000 psi 20% 7,330 psi 330,000 psi 43% Flammability (UL 94) V-0 @ 1.5mm 5VA @ 2.0mm HB @ 1.6mm Notched Izod Impact (73°F)3 2.3 ft-lb/in 0.6 ft-lb/in Heat Deflection Temperature4 157°F/69°C 182°F/83°C UV Stability Good Excellent Chemical Resistance Excellent Good Typical Lens Profile Cost 10–15% Savings5 Baseline 1.866.POLYONE www.polyone.com Copyright © 2018, PolyOne Corporation.
https://www.avient.com/sites/default/files/2021-03/wet-grip-tpe-surfco-wax-mat-case-study-one-pager.pdf
SURFCO HAWAII, INC.
W A X M A T ® G R I P T A P E • Provide alternative material to traditional wax and EVA foam for grip on surfboards • Translucent appearance • Coextrude with polypropylene (PP) film • Excellent UV resistance • Customized formulation for exceptional hydrophobic grip and non-abrasive finish • Incorporated specialty additives to enhance UV resistance and inhibit mold growth • Solved technical processing challenges to achieve efficient coextrusion of materials and achieve optimal bonding to adhesive backing • Enabled customer to achieve market differentiation and expand into new markets and applications Custom GLS™ TPE Wet Grip Formulation KEY REQUIREMENTS WHY AVIENT?
Wax Mat® is a trademark of SurfCo Hawaii, Inc. https://www.avient.com/sites/default/files/2021-03/wet-grip-tpe-surfco-case-study.pdf
https://www.avient.com/products/engineered-polymer-formulations/chemical-corrosion-resistant-formulations/edgetek-pke-polyketone-formulations
The Edgetek PKE series consists of specialty engineered polyketone (PK) thermoplastics.
Helping to improve sustainability over the end-product lifecycle, these formulations offer a reduced carbon footprint as a result of the PK base resin.
Explore specialty polyketone grades that go head-to-head with PA66, PA6 and POM.
https://www.avient.com/investor-center/news/polyone-expands-color-portfolio-acquisition-mesa
is our fourth specialty color acquisition in the last eight months," Mr.
Our recent portfolio actions are representative of the momentum we have and will continue to build upon as we accelerate specialty growth," Mr.
Rutland, Comptek, SilCoTec, Gordon Composites and Polystrand, including whether such businesses will be accretive, retain the management teams of acquired businesses, and retain relationships with customers of acquired businesses; 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 and laws and regulations regarding the disposal of plastic in jurisdictions 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 and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; 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.