In addition, Bloomberg New Energy Finance predicts that electric vehicles will account for 34% of new car sales by 2040. Swanson, Director, Investor Relations, PolyOne Corporation, +1 440-930-1018, eric.swanson@avient.com; Media Contact: Kyle G. Rose, Vice President, Corporate Communications, PolyOne Corporation, +1 440-930-3162, kyle.rose@avient.com

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The need for advanced driver assistance system (ADAS) features, like back up cameras and lane departure warnings as standard safety components, is clear. Protecting these electronics with durable housings that won’t dramatically increase the overall weight of the car can be challenging, especially if you consider an aluminum housing as your only option.  Advanced polymers for ADAS housings can provide critical static and shielding protection for the electronics, while also decreasing the overall weight footprint on the car as compared to aluminum.

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Figure 1 shows the typical starting barrel temperatures. Figure 1. Zone 1

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PIR content is typically polymer scraps in pellet, flake, or powder form routed through waste treatment before being placed back into the manufacturing process.

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Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. Pro Forma Financial Information The Company acquired Avient Protective Materials (“Dyneema”) on September 1, 2022 (the “Acquisition Date”) and sold the Distribution segment on November 1, 2022. The Company acquired the Clariant Color business on July 1, 2020.