https://www.avient.com/sites/default/files/2021-04/versaflex-tpe-contact-lens-case-case-study.pdf
But
even if it could find the right TPE, the company was
concerned about the additional cost of new tooling, and
wanted to achieve a rapid return on its investment.
In addition to a lower material cost
than silicone, the Avient solution offered cycle time
efficiencies, lower part weight due to its lower specific
gravity, and reduced scrap rates.
https://www.avient.com/sites/default/files/2020-11/gls-acqua-plose-case-study.pdf
In addition, the material was engineered for
good bonding and adhesion to aluminum closures.
In addition, the GLS TPE from Avient passed migration,
extraction and sensory testing by Nehring Institute as
required by food contact regulations (EU) 10/2011 and
FDA 177.1210.
https://www.avient.com/sites/default/files/2021-04/versalloy-medical-tubing-case-study.pdf
In addition, the TPV supplier was
not providing sufficient quantities of the material
consistently, threatening the manufacturer’s ability
to meet its own customer’s needs on time.
In addition to its excellent colorability and high flow,
the Versalloy solution possessed a lower specific gravity
and resulted in lower scrap rates compared to the
competitive TPV, providing the opportunity to reduce
system costs.
https://www.avient.com/sites/default/files/2022-12/Mevopur Healthcare Bio-based Polymer Solutions Application Bulletin.pdf
Avient provides pre-tested color and additive
concentrates based on bio-polymers to minimize
the risk of non-compliance and support a more
sustainable profile for plastic products used in the
healthcare industry.
KEY CHARACTERISTICS
• Available for polyethylene, polypropylene, ABS,
polycarbonate and styrenics
• Bio-content of resin carrier varies from 70% to
100% depending on polymer—calculated to
ASTM D6866 standard
• Manufactured at four ISO 13485 certified sites,
providing global consistency and security of
supply
• Documented change control beyond CAS
number, reducing risk of change
• Drop-in solutions that can be processed like
fossil-based grades on common injection
molding and extrusion machines
• Can be provided as ready-to-use pre-colored
or additive formulation
REGULATORY SUPPORT
• Raw materials tested to:
- ISO 10993-1
- USP and (incl. class VI)
- European Pharmacopeia, monograph 3.1.3/
3.1.5 (polyolefin packaging materials)
- USP (polyethylene)
- Elemental impurities as per ICH Q3D
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact according to US FDA and
APPLICATION BULLETIN
Sustainability Spotlight
Bio-polymers
Healthcare use limitations apply—see below.
https://www.avient.com/sites/default/files/2023-03/ColorMatrix Amosorb rPET Booster Product Bulletin.pdf
PRODUCT BULLETIN
ColorMatrix™ Amosorb™ 4020R
High rPET Content Oxygen Scavenging Additive
Part of the ColorMatrix™ Amosorb™ range, Amosorb
4020R is an oxygen scavenger booster specifically
formulated for use with recycled PET (rPET).
The additional low haze levels provide
good aesthetics.
https://www.avient.com/sites/default/files/2021-03/colorant-chromatics-high-temp-compounds-selection-guide.pdf
COLORANT
CHROMATICS
HIGH-TEMPERATURE
POLYMER FORMULATIONS
PRODUCT SELECTION GUIDE
COLORANT CHROMATICS
HIGH TEMPERATURE COMPOUNDS
PROPERTY ISO Test Method Units PES PPSU PEI LCP PEEK PSU
PHYSICAL
Density 1183 — 1.37 1.29 1.27 1.40 1.30 1.24
Mold Shrinkage Flow/X-flow 294–4 % 0.8/0.85 0.7/XX 0.6/0.7 0/0.7 1.0/1.3 0.7
MECHANICAL
Tensile Strength 527 Mpa 85 70 85 200 100 70
Tensile Elongation Yield 527 % 7 7.5 6 — — 6
Tensile Elongation Break 527 % >25 >60 60 3 30 >50
Izod Notched 180 kJ/m2 7 55 5 95 7 5.5
THERMAL
HDT 1.8 MPa 75 °C 205 200 190 190 150 175
FLAMMABILITY
Flame Rating UL-94 — V-0 V-0 V-0 V-0 V-0 HB
ADDITIONAL
Steam Sterilizable — Cycles 100 2000 2000 1500 1000 100
CUSTOM OPTIONS
Color — — Yes Yes Yes Yes Yes Yes
Reinforced — — Yes Yes Yes Yes Yes Yes
Conductive — — Yes Yes Yes Yes Yes Yes
Lubricated — — Yes Yes Yes No Yes Yes
Radiopaque — — Yes Yes Yes No Yes Yes
Trade Names — — Veradel
Ultrason E
Radel
Ultrason P Ultem
Vectra
Zenite
Xydar
KetaSpire
Victrex
Vestakeep
Udel
Ultrason S
Avient high temperature precolored and specialty compounds are your solutions for high performance
products.
Customized with high quality pigments and select fiber reinforcements, fillers and additives,
these solutions are designed to meet the performance your application requires.
https://www.avient.com/sites/default/files/2023-10/reSound REC Automotive Interior Grades Product Bulletin.pdf
Due to the variation in scrap streams, they are
colored black to deliver lot-to-lot consistency, but
additional color options are also possible.
KEY CHARACTERISTICS
• 35–45% PCR/PIR content
• Meet automotive standards for VOC, FOG,
and odor
• Colored black, additional colors are possible
• Customizable formulations
• Overmoldable to PP
MARKETS & APPLICATIONS
The reSound REC 7310 series provides a more
sustainable TPE choice for automotive interior
components and delivers comparable performance
to their traditional counterparts.
https://www.avient.com/sites/default/files/2025-03/2025 Proxy Statement.pdf
In addition, Mr.
In addition, for Mr.
In addition, for Mr.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Wells%2520Fargo%252005%252008%25202014%2520w%2520non%2520GAAP.pdf
In addition, operating income
before special items and adjusted EPS are components of various PolyOne
annual and long-term employee incentive plans
Use of Non-GAAP Measures
Page 3
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
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
450.00%
PolyOne S&P 500 Russell 2000 Dow Jones Chemical
All time high of
$39.28
April 4th, 2014
• 18 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 6
Appliance
4%
Building &
Construction
13%
Wire & Cable
9%
Electrical &
Electronics
5%
Consumer
10%Packaging
16%
Industrial
12%
HealthCare
11%
Transportation
18%
Misc.
2%
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
Ad
ju
st
ed
E
ar
ni
ng
s P
er
S
ha
re
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
EPS
Page 7
PolyOne
At A Glance
United
States
67%
Europe
14%
Canada
7% Asia
6%
Latin
America
6%
Specialty
54%
PP&S
18%
Distribution
28%
Mix Shift Highlights Specialty Transformation
Page 8
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34% 43%
62% 64%
0%
20%
40%
80%
2005 2008 2010 2013 Q1 2014 2015
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
65-75%
Specialty OI $5M $46M $87M $195M $60M Target
2015
Target
Proof of Performance & 2015 Goals
Page 9
2006 Q1 2014 2015
“Where we were” “Where we are” Target
1) Operating Income %
Specialty:
Global Color, Additives & Inks 1.7% 13.8% 12 – 16%
Global Specialty Engineered
Materials 1.1% 11.6% 12 – 16%
Designed Structures & Solutions -- 6.5% 8 – 10%
Performance Products &
Solutions 5.5% 7.7% 9 – 12%
Distribution 2.6% 6.1% 6 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 64% 65 – 75%
3) ROIC* (after-tax) 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42% Double Digit
Expansion
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Bridge to $2.50 Adjusted EPS by 2015
2015 EPS: $2.50
2013 EPS: $1.31
Continued Gross Margin
Expansion
Mergers & Acquisitions
Spartech Accretion
Incremental share buybacks
Ongoing LSS Programs
(50-100 bps/yr)
Accelerated Innovation
& Mix Improvement Several Levers to
Drive Growth
Mid single digit revenue CAGR
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 11
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
42.0%
2006 Q1 2014
Healthcare
Consumer
Packaging and Additive Technology
Transportation
Page 12
Unique and Innovative Solutions
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
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
Debt Maturities & Pension Funding – 3/31/14
Net Debt / EBITDA* = 1.9x
$48
$317
$600
$0
$100
$200
$300
$400
$500
$600
$700
$800
2015 2020 2023
Debt Maturities
As of March 31, 2014
($ millions)
Coupon Rates: 7.500% 7.375% 5.250%
** includes US-qualified pension plans only *TTM 3/31/2014
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
$0.16
$0.20
$0.24
$0.32
$0.10
$0.20
$0.30
$0.40
2011 2012 2013 2014
Annual Dividend
Expanding our sales,
marketing, and technical
capabilities
Investing in operational and
initiatives that drive
profitability growth
Manufacturing realignment
Targets that expand our:
• Specialty offerings
• End market presence
• Geographic footprint
• Operating Margin
Synergy opportunities
Adjacent material solutions
Repurchased 1.4 million
shares in Q1 2014
Repurchased 6.4 million
shares since April 2013
13.6 million shares are
available for repurchase
under the current
authorization
Organic
Growth
Acquisitions
Share
Repurchases
Dividends
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
Platform operating income mix percentage 2005Y* 2008Y* 2010Y* 2013Y 2014 Q1
Global Specialty Engineered Materials $ 0.4 $ 17.6 $ 49.7 $ 57.2 $ 18.3
Global Color, Additives and Inks 4.3 28.1 37.7 104.0 30.4
Designed Structures and Solutions - - - 33.4 11.2
Specialty Platform $ 4.7 $ 45.7 $ 87.4 $ 194.6 $ 59.9
Performance Products and Solutions 75.7 31.3 54.0 56.0 16.0
Distribution 19.5 28.1 42.0 63.3 17.2
SunBelt Joint venture 91.9 28.6 18.9 - -
Corporate (51.5) (425.1) (27.7) (82.4) (36.7)
Operating income (loss) GAAP $ 140.3 $ (291.4) $ 174.6 $ 231.5 $ 56.4
Less: Corporate operating expense 51.5 425.1 27.7 82.4 36.7
Operating income excluding Corporate $ 191.8 $ 133.7 $ 202.3 $ 313.9 $ 93.1
Specialty platform operating mix percentage 2% 34% 43% 62% 64%
* Historical results include the Resin and Specialty Coatings businesses within the Performance Products and Solutions segment.
https://www.avient.com/sites/default/files/2025-03/380605_AVIENT_2024AR_full_250325.pdf
Our expanding portfolio
of offerings includes colorants, advanced composites, functional
additives, engineered materials, and Dyneema®, the world’s
strongest fiber™.
In doing so, both of
our segments, Color, Additives & Inks and Specialty
Engineered Materials, contributed to our strong
performance with increases in revenue while
expanding margins.
Senior Vice President, Global Operations and
Process Improvement
Woon Keat Moh
Senior Vice President, and
President of Color, Additives and Inks
Christopher L.