https://www.avient.com/sites/default/files/2024-11/SEM Selection Guide.pdf
SPECIALTY ENGINEERED THERMOPLASTICS 1 See technical data sheets for complete product details Icons indicate the availability of sustainable formulations.
NAME BASE RESIN(S) TARGET MARKETS/ APPLICATIONS AVAILABLE FEATURES1 Artisan™ Pre-Colored Thermoplastics ABS, PA Powersports, Lawn & Garden, Marine, Electronics, Home Appliances, Cosmetic Packaging Customizable pre-color solutions Scratch & mar resistance Weatherability & UV resistance High impact resistance Chemical resistance Simplifies processing/replaces paint Tailored temperature performance range: -20°C to 105°C Bergadur™ Polyester Formulations PBT Transportation, Consumer, Industrial High strength Good creep rupture strength Good chemical and heat resistance Low friction and good abrasion resistance Complēt™ Long Fiber Reinforced Structural Thermoplastics/ OnForce™ Long Glass Fiber Reinforced Polypropylene Composites PA, PK, PP, PPA, PPS, TPU Consumer, Transportation, Industrial Long fiber technology Elevated impact and mechanical properties at room temperature Increased performance at temperature extremes Excellent creep and fatigue resistance Glass and carbon fiber filled options Lubricated, fire retardant, and pre-colored options PK-based formulations offer reduced carbon footprint as a result of the base resin Recycled grades formulated with up to 100% post- industrial recycled (PIR) or post-consumer recycled (PCR) content Edgetek™ Engineered Polymer Formulations ABS, LCP, PA, PC, PC/ ABS, PC/PBT, PC/PET, PC/PSU, PEEK, PES, PEI, POM, PPA, PPS, PSU Transportation, Consumer, Industrial, Telecommunications, Electrical & Electronics Strength and durability Chemical and temperature resistance High impact resistance Weatherability Flame retardant grades: UL 94 V-0, V-1, V-2, and 5VA Low-density grades for weight reduction 5G properties – customizable Dk/Df and 3D/LDS solutions Edgetek™ REC PC Recycled Polycarbonate Solutions PC Electrical & Electronics, Consumer Goods, Transportation Contain 25–70% PIR or PCR content Comparable performance to prime PC formulations Edgetek™ PKE Polyketone Formulations PK Electrical & Electronics, Industrial, Consumer, Transportation Excellent chemical resistance Good strength, durability and dimensional stability Pre-colored formulations Non-halogen, flame retardant performance to UL 94 V-0 Reduced carbon footprint compared to PA6 and PA66 1 See technical data sheets for complete product details SPECIALTY ENGINEERED THERMOPLASTICS NAME BASE RESIN(S) TARGET MARKETS/ APPLICATIONS AVAILABLE FEATURES1 Gravi-Tech™ Density Modified Formulations PA, TPU, TPE, PBT Consumer, Transportation, Industrial Customized density, from 1.5 to 11 gm/cm3 Broad modulus and strength: flexible to rigid Chemical and corrosion resistance Alternative to lead and other traditional dense metals Suitable for metallization and electroplating Low-shrinkage grades available Gravi-Tech™ BIO Bio-based Formulations Bio-based PP Cosmetic Caps & Closures, Perfume Caps, Spirit Bottle Caps, Luxury Boxes, Handles & Knobs Customized density, from 1.5 to 11 gm/cm3 Formulated with partially bio-based resin from renewable plant sources Achieve equivalent performance to prime density modified solutions Gravi-Tech™ REC Recycled Formulations rPP, rABS, rPA Cosmetic Caps & Closures, Perfume Caps, Spirit Bottle Caps, Luxury Boxes, Handles & Knobs Customized density, from 1.5 to 11 gm/cm3 Based on recycled resin and/or filler from PIR and/or PCR sources Achieve equivalent performance to prime density modified solutions LubriOne™ Internally Lubricated Formulations/ LubriOne™ PKE Polyketone Formulations PA, PBT, PC, PEEK, PEI, PK, POM, PP, PPA, PPS, PS Transportation, Electrical & Electronics, Industrial Low coefficient of friction Self-lubricating Chemical, wear, and corrosion resistance PK-based formulations can offer a reduced carbon footprint compared to PA6, PA66 and POM Grades avoiding the use of fluorinated lubricants such as PTFE are available Maxxam™ Polyolefin Formulations PP Consumer, Transportation, Electrical & Electronics, Industrial Homopolymer and co-polymer grades Optional additives: UV, heat stabilizers Standard grades available in natural and black Maxxam™ BIO Bio-Based Polyolefin Formulations PP Consumer, Transportation, Electrical & Electronics, Industrial Formulated with 10–50% bio-content including bio-based resin and/or filler Bio-filler from sources including olive seed powder, recycled coffee grounds, cellulose fiber Achieves equivalent performance to standard polyolefin formulations Maxxam™ FR Flame Retardant Polyolefin Formulations PE, PP Consumer, Transportation, Electrical & Electronics, Industrial, Energy Flame retardant grades: UL 94 V-0, V-1, V-2, and 5VA Elevated UL RTI ratings Halogen-free flame retardant grades available Maxxam™ REC Recycled Polyolefin Formulations PP Consumer, Transportation, Electrical & Electronics, Industrial Formulated with 25–100% recycled resin from PIR and PCR sources Achieves equivalent performance to standard polyolefin formulations Nymax™/Bergamid™ Polymer Formulations PA 6, 66, 612, 12, co-polymers Transportation, Building & Construction, Electrical & Electronics Toughened grades: medium and high impact Optional additives: heat stabilized, lubricated, impact modified, nucleated Standard grades available in natural and black Pre-colored solutions available Nymax™ BIO Bio-based Polyamide Solutions Bio-based PA Transportation, Consumer Goods, Industrial, Building & Construction Formulated with 16–47% natural filler, reducing the carbon footprint Excellent surface appearance and colorability Lower warpage compared with PA66 glass fiber-filled materials Equivalent performance to PA66 glass fiber-filled materials Excellent dimensional stability and property retention rate after water uptake Nymax™ REC Recycled Nylon Formulations PA6, PA66 Transportation, Consumer, Household Appliances, Electrical & Electronics, Industrial Contains 20–100% recycled content PIR and PCR grades available Support the circular economy Comparable performance to prime grades Super tough formulations available Customizable solution NAME BASE RESIN(S) AVAILABLE FEATURES1 NEUSoft™ Thermoplastic Polyurethanes and NEU™ Custom Capabilities PEBA, TPU, PA 11, PA 12, PP, PE, TPE Radiopacifiers, stabilizers, and surface modifiers Antimicrobial technologies Pre-colored formulations Small lot capabilities Short lead times Trilliant™ HC Healthcare Thermoplastics ABS, LCP, PA, PA 6, PA 66, PC, PC/ABS, PC/PSU, PEBA, PEEK, PES, PK, POM, PPA, PSU Certified to USP Class VI Formulations locked down Drug master file submissions by product stewardship Pre-colored, small lot production down to 50 lb–250 lb Sterilization, chemical resistance, and secondary process guidance Adherence to FDM-GMP manufacturing standards Antimicrobial technologies Materials for radiation shielding protection PK-based formulations offer reduced carbon footprint as a result of the base resin Versaflex™ HC Thermoplastic Elastomers TPE Overmolding Clear and heat resistant Ultra clear grades Ultra soft TPE gels, 30 Shore OO FDA, USP Class VI, ISO 10993 approved grades Sterilizable under autoclave, radiation, and EtO gas Extrusion, injection, and blow moldable Bio-based formulations available HEALTHCARE SPECIALTY FORMULATIONS 1 See technical data sheets for complete product details SPECIALTY ENGINEERED THERMOPLASTICS NAME BASE RESIN(S) TARGET MARKETS/ APPLICATIONS AVAILABLE FEATURES1 PREPERM™ Low-Loss Dielectric Thermoplastics PPE, PBT, ABS, PP Telecommunications, Transportation Stable and controlled dielectric performance Ultra-low transmission loss at mmWave frequencies up to 220 GHz Dielectric constant (Dk) range spanning 2.55 to 23 Stat-Tech™ Static Dissipative & Electrically Conductive Formulations ABS, PA, PC, PC/ABS, PC/PSU, PEEK, PEI, PES, PP, PPA Transportation, Electrical & Electronics Integrated EMI/RFI shielding Conductive properties Anti-static/dissipative properties Corrosion resistance Lightweighting and ease of processing Clean room materials for semiconductors available TPE grades are available (see page 6) Surround™ EMI/RFI Shielding Formulations ABS, PP, PBT, PC, PA 66 Transportation, Electrical & Electronics Integrated EMI/RFI shielding Long fiber technology Conductive properties Galvanic corrosion protection Lightweighting and ease of processing Therma-Tech™ Thermally Conductive Formulations LCP, PA, PEEK, PP, PPA, PPS Consumer, Transportation Thermally conductive Low coefficient of thermal expansion Corrosion resistance 1 See technical data sheets for complete product details NAME BASE RESIN(S) AVAILABLE FEATURES1 ECCOH™ Low Smoke and Fume Non-Halogen Formulations PE, PP, TPE, EVA Flame retardant, low smoke and fume, non-halogen (LSFOH) Flexible, low friction, easy-peel, and high-speed processing Compatible with Avient colorants and additives ECCOH™ XL Cross-Linkable Solutions XLPE Enhances the performance of traditional ECCOH LSFOH solutions Improved oil, chemical and UV resistance, mechanical performance, or operating temperature FireCon™ CPE Insulation Jacketing Formulations CPE, CPE alloy Low and medium voltage cable jacketing Flame retardant and 90°C deformation resistance Oil resistance RoHS grades available Maxxam™ FR Flame Retardant Polyolefin Formulations PE, PP UL Yellow Card for plenum applications Halogen-free flame retardant grades available Maxxam™ SY Foamable Flame Retardant Formulations Foamable PP co-polymer Easy processing Variety of final densities available Corrosion resistance Syncure™ XLPE Cross-linkable Polyethylene Formulations XLPE Low and medium voltage formulations High performance moisture cure technology UL bulletinized XHHW2 and VW1 Temperature, abrasion, and oil resistant Formulations available without DBDPE Resistant to electrical breakdown WIRE AND CABLE SPECIALTY THERMOPLASTICS NAME TARGET MARKETS/APPLICATIONS AVAILABLE FEATURES1 OnFlex™ Thermoplastic Elastomers Transportation, Building & Construction, Electrical & Electronics, Industrial, Wire & Cable Low odor solutions UV stabilization High heat resistance Chemical resistance Automotive approved grades Excellent compression set Overmolding Flame resistant grades Excellent weatherability Extrusion, injection, and blow moldable Formulations with imbedded antimicrobial additives reSound™ BIO Thermoplastic Elastomers Consumer, Transportation, Industrial Biopolymers sustainably sourced from plant-based raw materials Utilizing 35–75% bio-renewable content Strength and durability Chemical resistance Impact resistance Pre-colored solutions reSound™ REC Recycled Content Thermoplastic Elastomers Personal Care Products, Lawn & Garden Tools, Outdoor Goods, Office Supplies, Footwear, Houseware Durables, Consumer Electronics, Automotive PIR & PCR formulations utilizing 9–83% recycled content PCR grades formulated with recycled ocean plastics, food packaging, engine oil, or polyvinyl butyral (PVB) PCR grade suitable for use in specific food-contact applications Supports the circular economy Can be overmolded to PP, PC, ABS, PC/AB Comparable performance to traditional TPEs reSound™ Ultra-Low Carbon Footprint Thermoplastics Elastomers Personal Care, Household Appliances, Consumer Packaging, Consumer Electronics Formulated to achieve a negative, neutral or low product carbon footprint (PCF) Industry-first cradle-to-gate PCF range between -0.46 and -0.02 in kg CO2 equivalent/kg product Opaque natural appearance Easily colorable Comparable performance to traditional TPEs Can be overmolded to PP or PE Stat-Tech™ TPE Static Dissipative & Electrically Conductive Thermoplastic Elastomers Automotive, Industrial, Conveyor Belts & Controls, ADAS Systems, Electronic Devices Electrical resistivity range from 10 to 10¹⁰ Ω Hardness range from 40–85 Shore A Protects critical electrical components from EMI/RFI and reduces static build-up Simplifies manufacturing Overmolds directly onto polymer substrates Meets regulatory compliance requirements of ATEX and ESD, and food contact compliance grades are available Versaflex™ and Versaflex™ HC Thermoplastic Elastomers Consumer, Packaging, Healthcare, Electrical & Electronics, Appliances, Medical Tubing, Protective Films Overmolding Vibration damping grades Clear and heat resistant TPEs Ultra clear grades Ultra soft TPE gels, 30 Shore OO FDA, USP Class VI, ISO 10993 approved grades NSF and UL listings Sterilizable under autoclave, radiation, and EtO gas Extrusion, injection, and blow moldable Formulations with imbedded antimicrobial additive Bio-based formulations for healthcare available GLS™ THERMOPLASTIC ELASTOMERS 1 See technical data sheets for complete product details Lightweighting Complēt™ Long Fiber Reinforced Structural Thermoplastics Edgetek™ LD Low Density Formulations LubriOne™ Internally Lubricated Formulations OnForce™ Long Glass Fiber Reinforced Polypropylene Composites Stat-Tech™ Static Dissipative & Electrically Conductive Formulations Surround™ EMI/RFI Shielding Formulations Therma-Tech™ Thermally Conductive Formulations Human Health & Safety NEUSoft™ Thermoplastic Polyurethanes Versaflex™ HC Thermoplastic Elastomers Reduced Energy Use Artisan™ Pre-Colored Thermoplastics Versaflex™ Non-Blooming TPEs for Consumer Electronics VOC Reduction OnFlex™ LO Thermoplastic Elastomers Versaflex™ Low Adhesive Build-up TPE for Protective Film Tack Layer Versaflex™ PF Tack Layer for Surface Protective Films Recycle Solutions Complēt™ REC Long Fiber Reinforced Structural Thermoplastics Edgetek™ REC PC Recycled Polycarbonate Solutions Gravi-Tech™ REC Recycled Formulations Maxxam™ REC Recycled Polyolefin Formulations Nymax™ REC Recycled Nylon Formulations reSound™ REC Recycled Content Thermoplastic Elastomer Biopolymers Gravi-Tech™ BIO Bio-based Formulations Maxxam™ BIO Bio-based Polyolefin Formulations Nymax™ BIO Bio-based Polyamide Solutions reSound™ BIO Thermoplastic Elastomers Versaflex™ HC BIO Thermoplastic Elastomers Eco-conscious Complēt™ PKE Long Fiber Reinforced Structural Polyketone Thermoplastics Edgetek™ PKE Polyketone Formulations Edgetek™ Solutions for Laser Welding LubriOne™ PKE Polyketone Formulations Gravi-Tech™ Lead Replacement Formulations reSound™ Ultra-Low Carbon Footprint Thermoplastics Elastomers Trilliant™ HC Healthcare Polyketone-based Thermoplastics Trilliant™ XR Lead Replacement Thermoplastics Sustainable Infrastructure ECCOH™ Low Smoke and Fume Non-Halogen Formulations ECCOH™ XL Cross-linkable Solutions Edgetek™ Formulations for 5G Maxxam™ FR Flame Retardant Polyolefin Formulations PREPERM™ Low-Loss Dielectric Thermoplastics Syncure™ XLPE Cross-linkable Polyethylene Formulations SPECIALTY ENGINEERED FORMULATIONS THAT SUPPORT SUSTAINABILITY SPECIALTY ENGINEERED MATERIALS FOCUS MARKETS Our product portfolio offers customizable solutions to serve a full range of markets, including: Building & Construction Consumer Energy Healthcare Industrial Packaging Telecommunications Transportation 1.844.4AVIENT www.avient.com Copyright © 2024, Avient Corporation.
https://www.avient.com/sites/default/files/2020-10/tpe-overmold-design-guide.pdf
Please refer to Product Data Sheets for specific shrinkage values for each individual grade.
Refer to the individual product technical data sheet for specific drying recommendations.
Refer to the individual product technical data sheet for specific drying recommendations.
https://www.avient.com/sites/default/files/2020-12/sem-tri-fold-selection-guide.pdf
NAME BASE RESIN(S) TARGET MARKETS AVAILABLE FEATURES1 Artisan™ Pre-Colored Thermoplastics PA Powersports, Lawn & Garden, Marine Customizable pre-color solutions Scratch & mar resistance Weatherability & UV resistance High impact resistance Chemical resistance Simplifies processing/replaces paint Tailored temperature performance range: -20°C to 105°C Global availability Complēt™ OnForce™ PA, PP, PPA, PPS, TPU Consumer, Transportation, Industrial Long fiber technology Elevated impact and mechanical properties at room temperature Increased performance at temperature extremes Excellent creep and fatigue resistance Glass and carbon fiber filled options Lubricated, fire retardant, and pre-colored options Edgetek™ Bergadur™ ABS, LCP, PA, PC, PC/ABS, PC/PBT, PC/PET, PC/PSU, PEEK, PES, PEI, POM, PPA, PPS, PSU Consumer, Transportation, Industrial Strength and durability Chemical resistance High impact resistance Weatherability Flame retardant grades: UL 94 V-0, V-1, V-2, and 5VA Pre-color solutions Lightweighting 5G properties - Dk/Df and 3D/LDS Gravi-Tech™ PA, TPU, TPE, PBT Consumer, Transportation, Industrial Customized density, from 1.5 to 11 gm/cm3 Broad modulus and strength: flexible to rigid Chemical and corrosion resistance Gravi-Tech™ LD light density grades available LubriOne™ PA, PBT, PC, PEEK, PEI, POM, PP, PPA, PPS, PS Transportation, Electrical & Electronics, Industrial Low coefficient of friction Self-lubricating Chemical, wear, and corrosion resistance Maxxam™ PP Consumer, Transportation, Electrical & Electronics, Industrial Homopolymer and copolymer grades Optional additives: UV, heat stabilizers Standard grades available in natural and black Maxxam™ FR PE, PP Consumer, Transportation, Electrical & Electronics, Industrial Flame retardant grades: UL 94 V-0, V-1, V-2, and 5VA Flame retardant masterbatches Elevated UL RTI ratings Halogen-free flame retardant grades available Nymax™ Nymax™ PIR Bergamid™ PA 6, 66, 612, 12, co-polymers Transportation, Building & Construction, Electrical & Electronics Toughened grades: medium and high impact Optional additives: heat stabilized, lubricated, impact modified, nucleated Standard grades available in natural and black Pre-colored solutions available PIR grades with 20%–100% recycled content, supporting the circular economy SPECIALTY ENGINEERED THERMOPLASTICS 1 See technical data sheets for complete product details 1 See technical data sheets for complete product details 2 From NEU™ Specialty Engineered Materials, LLC., a wholly-owned subsidiary of Avient Corporation NAME BASE RESIN(S) AVAILABLE FEATURES1 Trilliant™ ABS, LCP, PA, PC, ABS, PA 6, PA 66, PC/ABS, PC/PSU, PEBA, PEEK, PES, POM, PPA, PSU Certified to USP Class VI Formulations locked down Drug master file submissions by product stewardship Pre-colored, small lot production down to 50 lb–250 lb Sterilization, chemical resistance, and secondary process guidance Adherence to FDM-GMP manufacturing standards Antimicrobial technologies Materials for radiation shielding protection NEU™ Specialty Materials2 PEBA, TPU, PA 11, PA 12, PP, PE, TPE Radiopacifiers, stabilizers, and surface modifiers Antimicrobial technologies Pre-colored formulations Small lot capabilities Short lead times Versaflex™ HC TPE Overmolding Clear and heat resistant Ultra clear grades Ultra soft TPE gels, 30 shore OO FDA, USP Class VI, ISO 10993 approved grades Sterilizable under autoclave, radiation, and EtO gas Extrusion, injection, and blow moldable HEALTHCARE SPECIALTY THERMOPLASTICS NAME BASE RESIN(S) TARGET MARKETS AVAILABLE FEATURES1 reSound™ R Recycled Formulations PA6, PA66, PC Transportation, Consumer, Household Appliance, Electrical & Electronics, Industrial PA grades: Up to 100% recycled content PC grades: Up to 70% recycled content PIR and PCR grades available Support the circular economy Comparable performance to prime grades Customizable solution Surround™ ABS, PP, PBT, PC, PA 66 Transportation, Electrical & Electronics Integrated EMI/RFI shielding Long fiber technology Conductive properties Galvanic corrosion protection Lightweighting and ease of processing Stat-Tech™ ABS, PA, PC, PC/ABS, PC/PSU, PEEK, PEI, PES, PP, PPA Transportation, Electrical & Electronics Integrated EMI/RFI shielding Conductive properties Anti-static/dissipative properties Corrosion resistance Lightweighting and ease of processing Clean room materials for semiconductors available Therma-Tech™ LCP, PA, PEEK, PP, PPA, PPS Consumer, Transportation Thermally conductive Low coefficient of thermal expansion Corrosion resistance SPECIALTY ENGINEERED THERMOPLASTICS NAME BASE RESIN(S) TARGET MARKETS AVAILABLE FEATURES1 Barricade™ Elastomers with Fortrex™ Technology Barricade™ high-performance elastomers bring next genera- tion technology to market to bridge the gap between tradi- tional TPEs and silicone Healthcare, Industrial Aerospace, Appliances, Electronics High temperature compression set Processes on thermoplastic injection molding and extrusion equipment Customizable and colorable Process simplicity CROSSLINKABLE ELASTOMERS Barricade formulations leverage licensed Fortrex™ technology.
NAME DESCRIPTION TARGET MARKETS AVAILABLE FEATURES1 OnFlex™ Part of Avient’s portfolio of specialty TPEs, OnFlex materials are designed to meet and withstand the rigor and durability of various industrial applications.
Consumer, Packaging, Healthcare, Electrical & Electronics, Appliance Overmolding Clear and heat resistant TPEs Ultra clear grades Ultra soft TPE gels, 30 shore OO FDA, USP Class VI, ISO 10993 approved grades NSF and UL listings Sterilizable under autoclave, radiation, and EtO gas Extrusion, injection, and blow moldable GLS™ THERMOPLASTIC ELASTOMERS * Commercially available in North America only 1 See technical data sheets for complete product details NAME BASE RESIN(S) AVAILABLE FEATURES1 ECCOH™ Polyolefin Flame retardant, low smoke and fume, zero halogen (LSFOH) Cross-linkable grades Chemical, oil, and gel resistant Flexible, low friction, easy-peel, and high speed processing Compatible with Avient additives and color masterbatches FireCon™ CPE, CPE Alloy Low and medium voltage cable jacketing Flame retardant and 90°C deformation resistance Oil resistance RoHS grades available Maxxam™ FR PE, PP UL Yellow Card for plenum applications Halogen-free flame retardant grades available Maxxam™ SY Foamable PP co-polymer Easy processing Variety of final densities available Corrosion resistance Syncure™ XLPE High performance moisture cure technology UL bulletinized XHHW2 and VW1 Temperature, abrasion, and oil resistant WIRE AND CABLE SPECIALTY THERMOPLASTICS To learn more, please visit avient.com or call +1.844.4AVIENT (+1.844.428.4368).
https://www.avient.com/sites/default/files/2020-10/tpe-injection-molding-guide.pdf
Specific drying temperatures and times can be found on the technical data sheets for each individual product.
If using a specialty overmolding grade, follow the coloring recommendations given on the individual product technical data sheets.
The specific starting conditions for each individual product are located in the product technical data sheet.
https://www.avient.com/knowledge-base/article/injection-molding-mold-processing?rtype[]=1164
Specific drying temperatures and times can be found on the Technical Data Sheets for each individual product.
SBC TPEs have inherently superior color than most other TPEs.
If using a specialty overmolding grade, follow the coloring recommendations given on the individual product Technical Data Sheet.
https://www.avient.com/sites/default/files/2020-07/tpes-for-healthcare-industry-bulletin.pdf
Versaflex™ & Versalloy™ Specialty Engineered Materials Thermoplastic Elastomers for Healthcare Applications Delivering specialized thermoplastic elastomer (TPE) solutions for demanding healthcare applications, Avient has performance-grade materials that are approved for USP VI, ISO 10993-4 and 10993-5.
VERSAFLEX™ HC MEDICAL TUBING SERIES • Improve extrusion rates, achieve high service temperature performance or increase clarity in medical tubing • Meet biopharmaceutical needs for weldability and minimize extractables during processing VERSALLOY™ HC SERIES • Obtain better flow in long, thin paths and lower shrink rates versus typical TPVs with our alloys, made with Santoprene™ TPV • Color easily and obtain a smooth tactile feel VERSAFLEX™ HC GASKETS & STOPPERS SERIES • Achieve no coring, good puncture and resealability in static stoppers • Meet low COF and low stiction requirements in dynamic seals VERSAFLEX™ CL E SERIES • Increase clarity and flexibility in bags, bottles and films • Mitigate risk with plasticizer-free formulations for film extrusion • Deliver excellent odor & O2 barrier performance for film extrusion INDUSTRY BULLETIN TPE HEALTHCARE PRODUCT SELECTOR GUIDE Versaflex™ HC MT Series Versaflex™ HC MT222 Clear 66A 0.88 14 - 334 2.30 629 4.34 898 6.19 430 220 36 ✔ ✔ High clarity, without plasticizersVersaflex™ HC MT224 Clear 75A 0.89 19 - 468 3.23 773 5.33 1360 9.40 530 321 56 ✔ ✔ Versaflex™ HC MT226 Clear 84A 0.88 20 - 606 4.17 885 6.10 1600 11.00 600 433 76 ✔ ✔ Versaflex™ HC MT317 Clear 68A 0.89 17 69 450 3.10 660 4.55 870 6.00 470 221 39 ✔ ✔ Very high service temperature Versaflex™ HC BT218 Natural 67A 0.89 19 69 381 2.60 683 4.70 1186 8.20 608 - - ✔ ✔ Weldable, kink resistant Versaflex™ HC Gaskets & Stoppers Series Versaflex™ HC 2110-35N Natural 34A 0.90 19 47 145 1.00 261 1.80 400 2.76 620 97 17 ✔ ✔ Good resealing Versaflex™ HC 2110-43N Natural 43A 0.98 12 46 134 0.92 368 2.54 723 4.98 710 - - ✔ ✔ Good compression set Versaflex™ HC 2110-57B Black 59A 1.01 20 37 369 2.54 558 3.85 537 3.70 350 147 26 ✔ ✔ Low stiction Versaflex™ CL E Series Versaflex™ CL E85 Clear 84A 0.90 20 72 752 5.18 1160 8.00 1550 10.70 450 433 76 ✔ ✔ High clarity, without plasticizers; E95 also offers excellent odor & O2 barrier Versaflex™ CL E90 Clear 90A 0.90 27 73 1000 6.89 1230 8.50 1830 12.60 57 - - ✔ ✔ Versaflex™ CL E95 Clear 95A 0.90 38 71 1680 11.60 1730 11.90 2500 17.20 580 720 126 ✔ ✔ Versaflex™ HC 3810 Series Versaflex™ HC 3810-20N Natural 20A 0.88 16 54 123 0.80 185 1.30 342 2.40 650 - - ✔ - Formulated without animal derivatives, excellent colorability, translucent Versaflex™ HC 3810-30N Natural 30A 0.89 18 58 170 1.20 245 1.70 459 3.20 680 - - ✔ - Versaflex™ HC 3810-40N Natural 40A 0.88 19 59 191 1.30 275 1.90 506 3.50 670 - - ✔ - Versaflex™ HC 3810-50N Natural 50A 0.89 21 61 264 1.80 366 2.50 699 4.80 690 - - ✔ - Versaflex™ HC 3810-60N Natural 60A 0.88 24 65 459 3.20 594 4.10 790 5.40 510 - - ✔ - Versaflex™ HC 3810-70N Natural 70A 0.88 28 67 535 3.70 684 4.70 1000 6.90 570 - - ✔ - Versaflex™ HC 3810-80N Natural 80A 0.88 30 67 689 4.80 869 6.00 1390 9.60 620 - - ✔ - Versaflex™ HC 3810-90N Natural 90A 0.88 27 89 1087 7.50 1350 9.30 1890 13.00 570 - - ✔ - Versalloy™ HC 9210 Series Versalloy™ HC 9210-45N Natural 45A 0.89 19 39 160 1.10 320 2.20 484 3.33 480 100 18 - ✔ Smooth surface aestheticsVersalloy™ HC 9210-55N Natural 53A 0.89 20 44 208 1.44 335 2.31 580 4.00 610 120 21 - ✔ Versalloy™ HC 9210-70N Natural 70A 0.89 23 53 356 2.45 510 3.52 780 5.38 590 180 32 - ✔ Versalloy™ HC 9220 Series Versalloy™ HC 9220-70 Natural 70A 0.95 17 51 453 3.12 - - 643 4.43 265 208 36 ✔ ✔ ExtrudableVersalloy™ HC 9220-80 Natural 80A 0.94 18 59 553 3.67 777 5.36 945 6.52 415 208 36 ✔ ✔ Versalloy™ HC 9220-90 Natural 90A 0.94 25 55 1030 8.13 1350 9.33 1945 13.45 620 400 70 ✔ ✔ Standard Healthcare Grades Versaflex™ G2705N Natural 60A 0.88 - - - - 528 3.64 670 4.62 470 - - ✔ ✔ Natural, high strength Versaflex™ CL 2242 Clear 43A 0.89 23 - 152 1.05 294 2.02 731 5.00 780 124 22 ✔ ✔ High clarity, boilable Versaflex™ CL 2250 Clear 50A 0.89 20 - 220 1.52 337 2.32 827 5.70 770 140 25 ✔ ✔ Versaflex™ OM Series Versaflex™ OM 1040X Natural 42A 0.92 22 - 180 1.24 301 2.08 504 3.47 580 100 18 ✔ ✔ ABS/PC overmoldVersaflex™ OM 3060 Clear 59A 0.90 33 - 420 2.90 360 2.48 500 3.45 480 180 32 ✔ ✔ Color Hardness Specific Gravity Compression Set @ 23°C Compression Set @ 100°C 100% Modulus 300% Modulus Tensile Strength Elongation Tear Strength ISO 10993 USP VI Special Characteristics ASTM Shore A ASTM/ISO ASTM % ASTM % ASTM psi Mpa ASTM psi Mpa ASTM psi ISO Mpa ASTM % ASTM pll ISO kN/m GENERAL PROPERTIES TENSILE PROPERTIES OTHER For further information on specific grades, review technical data sheets.
https://www.avient.com/knowledge-base/article/injection-molding-mold-processing
Specific drying temperatures and times can be found on the Technical Data Sheets for each individual product.
SBC TPEs have inherently superior color than most other TPEs.
If using a specialty overmolding grade, follow the coloring recommendations given on the individual product Technical Data Sheet.
https://www.avient.com/products/polymer-additives/barrier-and-scavenger-additives/colormatrix-triple-acetaldehyde-scavenger-pet
Product information and technical data sheet for ColorMatrix™ TripleA™ additive technology, which reduces Acetaldehyde levels in PET packaging
GLS™ TPEs with Antimicrobial Technologies
reSound™ Ultra-Low Carbon Footprint TPEs
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Seaport%2520Global%2520Transports%2520%2526%2520Industrials%2520Conference.pdf
A reconciliation of each non-GAAP financial measure with the most directly comparable GAAP financial measure is attached to this presentation which is posted on our website at www.polyone.com. 4 POLYONE CORPORATION What We Do Value Formulation Expertise Inputs Base resins Additives Modifiers Pigments Expertise in Polymer Materials, Services and Solutions OEMs Brand Owners Processers Assemblers Driving customer value with specialty products & services Service InVisiOSM Color Services IQ Design Labs LSS Customer First POLYONE CORPORATION 5 2016 Revenue ($3.3 Billion) by Segment At a Glance United States 65% Europe 12% Canada 8% Asia 8% Latin America 7% $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 $1.96 $2.13 2009 2010 2011 2012 2013 2014 2015 2016 2016 Revenue by Geography 2016 Revenue by End Market Appliance 5% Building & Construction 11% Consumer 11% Electrical & Electronics 5% Healthcare 11% Industrial 15% Packaging 12% Textiles 2% Transportation 19% Wire & Cable 9% Adjusted Earnings Per Share Performance Products & Solutions 19% PolyOne Distribution 31% Designed Structures & Solutions 11% Specialty Engineered Materials 16% Color Additives and Inks 23% 6 POLYONE CORPORATION Returning Cash to Shareholders $0.16 $0.20 $0.24 $0.32 $0.40 $0.48 $0.54 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 2011 2012 2013 2014 2015 2016 2017 Annual Dividend* Since 2011, we have returned nearly $850 million to shareholders $150 million returned through dividends $697 million returned through share repurchases $697M $0 $150 $300 $450 $600 $750 2011 2012 2013 2014 2015 2016 Cumulative Share Repurchases (in millions) *Initiated in 2011 7 POLYONE CORPORATION 2% 43% 79% 0% 20% 40% 60% 80% 100% 2005 2010 2016 % o f O pe ra tin g In co m e* *Operating Income excludes corporate charges and special items Specialty OI $5M $87M $273M Mix Shift Highlights Specialty Transformation Specialty = ROS > 10% JV’s Performance Products & Solutions Specialty Distribution 8 POLYONE CORPORATION 2006 2016 2020 “Where we were” “Where we are” Platinum Vision Operating Income % of Sales Color, Additives & Inks 1.7% 16.0% 20%+ Specialty Engineered Materials 1.1% 14.3% 20%+ Performance Products & Solutions 5.5% 11.1% 12 – 14% Distribution 2.6% 6.4% 6.5 – 7.5% Designed Structures & Solutions N/A -0.9% 8 – 10% ROIC* 5.0% 12.9% 15% Proof of Performance & 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 Consistently Deliver Double Digit Annual EPS Growth POLYONE CORPORATION 9 2,883 2,538 2006 2016 Volume (lbs in millions) -12% $103 $200 2006 2016 Commercial, R&D and Marketing Spending ($M) +95% $88 $317 2006 2016 Adjusted Operating Profit ($M) +263% Ours is Not a Cost Cutting Story 10 POLYONE CORPORATION Innovation Drives Earnings Growth *Specialty Platform revenue from products introduced in last five years $20 $54 2006 2016 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* 14% 33% 2006 2016 CAI & SEM Gross Margin 12% 42% 2006 2016 Target ≥ 35% Innovation Pipeline Potential 11 POLYONE CORPORATION Primary Industries Served 2016 Revenue: $3.3 Billion Electrical & Electronic 5% Building & Construction 11% Appliance 5% Industrial 15% Wire & Cable 9% Healthcare 11% Consumer 11% Packaging 12% Transportation 19% Focus End Markets 12 POLYONE CORPORATION Therma-Tech™ & Sheet GEON™ Vinyl Polymer Colorants Therma-Tech™ TPE’s & Film TPE + OnForce™ Gravi-Tech™ Page 12 Film Target End Markets… Healthcare 13 POLYONE CORPORATION Sound & Vibration Management Fuel Handling Systems Interior & Exterior Trim Structural Braces & Brackets Interior Structural Components Lighting Air management Electronics & Cameras Fluid Handling Target End Markets… Automotive Underhood Components Roof Systems 14 POLYONE CORPORATION PreservaPak™ OnColor™ Smart Batch™ VersaFlex™ TPE Cap Liner ColorMatrix™ Amosorb™ Oxygen Scavenger ColorMatrix™ Ultimate™ UV Light Barrier OnCap™ Laser Marking Additives Target End Markets… Packaging 15 POLYONE CORPORATION Source: Outdoor Industry Association TPE Vibration Dampening (SEM/GLS) TPE + OnForce (SEM) OnForce (SEM) Advanced Composites (SEM) TPE Vibration Dampening (SEM/GLS) Thermoplastic Elastomers (SEM) Advanced Composites (SEM) Polymer Colorants (CAI) Sheet (DSS) TPE & Film (SEM + DSS) Advanced Composites (SEM) Polymer Colorants (CAI) Thermatech (SEM) Thermoplastic Elastomers (SEM) TPE + OnForce (SEM) OnForce (SEM) Target End Markets… Consumer 16 POLYONE CORPORATION Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return 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 1.2 million shares in Q4 2016 Repurchased 18.8 million shares since early 2013 8.5 million shares are available for repurchase under the current authorization Increased annual dividend by 12.5% to $0.54 per share, representing the sixth consecutive year of dividend growth POLYONE CORPORATION 17 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
sa=i&rct=j&q=&esrc=s&frm=1&source=images&cd=&cad=rja&uact=8&ved=0CAcQjRw&url=http://www.mullerquaker.com/products/greek100/greek100-peach-and-passion-fruit&ei=-acYVZq7EIqwyASDjYL4CA&bvm=bv.89381419,d.cWc&psig=AFQjCNGNCQY1_dCN2RPLzxtap_Pu0omTXQ&ust=1427765484498432 POLYONE CORPORATION 22 2016 Revenue: $0.7 Billion At a Glance: Performance Products & Solutions 2016 Revenue by Industry Expanding Profits 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 7.7% 8.3% 12-14% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2020 Operating Income % of Sales Platinum Vision 11.1% B & C 30% Transportation 18% W & C 16% Industrial 16% Appliance 6% Consumer 5% Packaging 5% E & E 3% Healthcare 1% United States 78% Canada 16% Latin America 4% Asia 2% Key Applications POLYONE CORPORATION 23 2016 Revenue: $1.1 Billion At a Glance: Distribution Key Suppliers ROIC Expanding Profits 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 6.1% 6.6% 6.5-7.5% 6.4% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2020 Operating Income % of Sales Platinum Vision 15% 51% 2006 2016 Transportation 24% Healthcare 22% Industrial 18% Consumer 15% Appliance 6% E & E 5% B & C 4% Packaging 4% W & C 2% http://www.polyone.com/Pages/VariationRoot.aspx 24 POLYONE CORPORATION Application Examples POLYONE CORPORATION 25 Luxury Packaging with Gravitech Density Modified Polymers Impart weight, sound and metallic finish to caps and closures for cosmetics and spirits applications Elevate quality and prestige perceptions among high-end consumers Eliminate time and cost associated with secondary operations and assembly POLYONE CORPORATION 26 Eliminate costs by increasing pigment density Enhance color performance without altering form and formulation Increase design capabilities by reducing weight and layer thickness Optimize Color Usage with OnColor Super Concentrates POLYONE CORPORATION 27 Inhibit microbial growth on polymer surface Enhance value or products and devices Highly versatile concentrate with the ability to be incorporated into a wide variety of products Combat Bacteria Formation with WithStand Antimicrobial Technology POLYONE CORPORATION 28 Medical Device Housings with Chemically Resistant Engineered Polymers Durable, long-lasting products stand up to the most aggressive disinfectants Minimize environmental stress cracking and discoloration One of the broadest medically approved polymer and colorant portfolios POLYONE CORPORATION 29 Color & Design Services Greater control of color development and supply chain Work across entire design process from concept to commercialization Inspire creativity in the use of polymer materials, colors and effects Innovative brand differentiation Faster development timelines POLYONE CORPORATION 30 Outdoor Applications Leading provider of high performance specialty materials for the recreational and sports & leisure industry Well positioned across all segments to address market needs Metal to Polymer Conversion Lightweighting Thermal Management Impact Performance Source: Outdoor Industry Association POLYONE CORPORATION 31 Fiber Colorants Solutions for clothing, apparel, footwear, automotive & sporting goods ColorMatrix Fiber Colorant Solutions Proprietary advanced liquid color formulations and equipment enable greater efficiency and productivity Eliminates aqueous dyeing and its associated wastewater treatment Solid Color Concentrates Extrusion-spun fibers colored via solid masterbatch POLYONE CORPORATION 32 High-Barrier Packaging Containers Capability to extrude up to 13 layers Strong oxygen and moisture vapor transmission protection Can be made symmetrical or asymmetrical to meet customized needs of broad variety of applications Barrier protection and superior sensory properties 1 Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Senior management uses comparisons of adjusted net income attributable to PolyOne common shareholders, adjusted earnings per share (EPS) attributable to PolyOne common shareholders and operating income before special items to assess performance and allocate resources because senior management believes that these measures are useful in understanding current profitability levels and that current levels may serve as a base for future performance.
IR Presentation - Q4 2016v13 PolyOne Investor �Presentation�March 2017 Forward-Looking Statements Use of Non-GAAP Measures What We Do At a Glance Returning Cash to Shareholders Slide Number 7 Proof of Performance & 2020 Platinum Vision Ours is Not a Cost Cutting Story Innovation Drives Earnings Growth Primary Industries Served Slide Number 12 Slide Number 13 Slide Number 14 Slide Number 15 Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return Why Invest In PolyOne?
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PolyOne Corporation Page 4 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 – 2015 2016 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 • Substantial EPS growth from $0.13 to all-time high of $1.96 • Shift to faster growing, high margin, less cyclical end markets • Key acquisitions propel current and future growth, as well as margin expansion • Specialty mix expands to 65% of Operating Income – strongest mix of earnings in history • Deliver consistent double digit annual EPS growth • Maintain >35% vitality index • Pursue strategic acquisitions that expand specialty offerings and geographic breadth • Invest and grow current and next generation talent PolyOne Corporation Page 5 25 Consecutive Quarters of EPS Growth Note: 2009 has not been restated for subsequent changes in accounting principles or discontinued operations -$0.10 $0.00 $0.10 $0.20 $0.30 $0.40 $0.50 $0.60 2009 2010 2011 2012 2013 2014 2015 Adjusted Earnings Per Share -2% 0% 2% 4% 6% 8% 10% 12% 2009 2010 2011 2012 2013 2014 2015 Adjusted Consolidated Operating Margin 2.8% 5.2% 5.6% 6.7% 8.3% 6.9% 9.5% PolyOne Corporation Page 6 2015 Revenues: $3.4 Billion End Markets 2015 Revenues: $3.4 Billion PolyOne At A Glance $0.12 $0.27 $0.21 $0.13 $0.68 $0.82 $1.00 $1.31 $1.80 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Adjusted EPS United States 66% Europe 13% Canada 7% Asia 7% Latin America 7% Appliances 4% Building & Construction 12% Consumer 10%Electrical & Electronics 5% Healthcare 11% Industrial 14% Packaging 13% Textiles 2% Transportation 20% Wire & Cable 9% Distribution 29% PP&S 20% Specialty 51% $1.96 PolyOne Corporation Page 7 Old PolyOne *Operating Income excludes corporate charges and special items 2% 43% 65% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2020 % o f O pe ra tin g In co m e* JV's Performance Products & Solutions Distribution Specialty 80%+ Specialty OI $5M $87M $229M Mix Shift Highlights Specialty Transformation Transformation 2020 Platinum Vision Platinum Vision PolyOne Corporation Page 8 Color and Engineered Materials at the Heart of Specialty Transformation OPERATING MARGIN 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 14.7% 16.7% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Platinum Vision COLOR, ADDITIVES AND INKS 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12.1% 14.7% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Platinum Vision SPECIALTY ENGINEERED MATERIALS PolyOne Corporation Page 9 2006 2015 2020 “Where we were” “Where we are” Platinum Vision 1) Operating Income % Specialty: Color, Additives & Inks 1.7% 16.7% 20%+ Specialty Engineered Materials 1.1% 14.7% 20%+ Designed Structures & Solutions 1.4% (2012) 3.0% 12 – 14% Performance Products & Solutions 5.5% 8.3% 10 – 12% Distribution 2.6% 6.6% 6.5 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 65% 80%+ 3) ROIC* 5.0% 11.8% 15% 4) Adjusted EPS Growth N/A 25 Consecutive Quarters of YOY EPS Growth Double Digit Expansion Proof of Performance & 2020 Goals *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period PolyOne Corporation Page 10 Therma-Tech™ & Sheet GEON™ Vinyl Polymer Colorants Therma-Tech™ TPE’s & Film TPE + OnForce™ Gravi-Tech™ Page 10 Film Target End Markets… Healthcare PolyOne Corporation Page 11 TPE + OnForce (SEM) OnForce (SEM) Glasforms (SEM) TPE Vibration Dampening (SEM/GLS) TPE & Film (SEM + DSS) Glasforms (SEM) Polymer Colorants (CAI) Thermatech (SEM) Thermoplastic Elastomers (SEM) TPE + OnForce (SEM) OnForce (SEM) Thermoplastic Elastomers (SEM) Glasforms (SEM) Polymer Colorants (CAI) Sheet (DSS) Source: Outdoor Industry Association Target End Markets… Outdoor High Performance PolyOne Corporation Page 12 Sound & Vibration Management Fuel Handling Systems Interior & Exterior Trim Structural Braces & Brackets Interior Structural Components Lighting Air management Electronics & Cameras Fluid Handling Target End Markets… Automotive Underhood Components Roof Systems PolyOne Corporation Page 13 Target End Markets… Packaging PreservaPak™ OnColor™ Smart Batch™ VersaFlex™ TPE Cap Liner ColorMatrix™ Amosorb™ Oxygen Scavenger ColorMatrix™ Ultimate™ UV Light Barrier OnCap™ Laser Marking Additives PolyOne Corporation Page 14 Innovation Drives Earnings Growth *Specialty Platform revenue from products introduced in last five years $20 $53 2006 2015 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* 14% 28% 2006 2015 Specialty Platform Gross Margin 12% 43% 2006 2015 Target ≥ 35% Innovation Pipeline Potential PolyOne Corporation Page 15 2,883 2,414 2006 2015 Volume (lbs in millions) -16% $103 $192 2006 2015 Commercial, R&D and Marketing Spending ($M) +86% $303 $721 2006 2015 Adjusted Gross Margin ($M) +138% Investing to Drive Growth Ours Is Not a Cost Cutting Story PolyOne Corporation Page 16 Design and Service as a Differentiator Right Material & Color Desired Product Design Appropriate Manufacturing Process Delivering Concept to Commercialization Connecting the Dots with iQ Design Labs and InVisiO Color Design PolyOne Corporation Page 17 Customer First Through World-Class Service Strengthening relationships through: Providing LSS services to small/medium sized customers Providing training in Customer Centric Selling Skills with customers World’s Best Business Process Excellence Program in 2012* World’s Best Start-up program for Lean Six Sigma Deployment in 2009* 81% 93% 2006 2015 16.2% 9.7% 2006 2015 On-Time Delivery Working Capital % of Sales 52% of associates trained in LSS Five consecutive years – CFO Magazine Best Working Capital Management in the chemical industry Commitment to Operational Excellence PolyOne Corporation Page 18 60% 97% 20% 30% 40% 50% 60% 70% 80% 90% 100% 2008 Q4 2015 Pension Funding** As of December 31, 2015 Debt Maturities & Pension Funding Net Debt / Adjusted EBITDA*= 2.1x ** includes US-qualified pension plans only *TTM 12/31/2015 $550 $600 $200 $300 $400 $500 $600 $700 $800 2022 2023 Debt Maturities As of December 31, 2015 ($ millions) Coupon Rate: 3.750% 5.250% PolyOne Corporation Page 19 Free Cash Flow and Strong Balance Sheet Fund Investment / Shareholder Return Expanding our sales, marketing, and technical capabilities Investing in operational and LSS initiatives ~75% of capital expenditures fund growth initiatives Organic Growth Acquisitions Share Repurchases Dividends $0.16 $0.20 $0.32 $0.40 $0.48 $0.10 $0.20 $0.30 $0.40 $0.50 2011 2012 2013 2014 2015 2016 Annual Dividend Targets that expand our: • Specialty offerings • End market presence • Geographic breadth Synergy opportunities Adjacent material solutions Repurchased nearly 1.0 million shares in Q4 2015 Repurchased 15.8 million shares since early 2013 4.2 million shares are available for repurchase under the current authorization $0.24 PolyOne Corporation Page 20 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
Addressable market exceeds $40 billion Strong 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 PolyOne Corporation Page 21 Appendix PolyOne Corporation Page 22 Recent Acquisitions Kraton TPE Assets Magenta Master Fibers February 2016 – Acquired Kraton’s thermoplastic elastomer (TPE) assets Serve personal care, medical, packaging (protective film) and electronics applications Purchase price of $72 million represents a multiple of 9x EBITDA Adds $35 million in annual revenue and $0.03 accretive to 2016 adjusted EPS Expands GLS presence in consumer, healthcare, transportation, and packaging end markets December 2015 – Acquired Magenta Master Fibers, an innovative developer of specialty color concentrates for the global fiber industry Purchase price of $22 million represents a multiple of 6.8x EBITDA Adds $16 million in annual revenue and $0.01 accretive to 2016 adjusted EPS Broadens portfolio of colorant and additives technologies for fiber applications and extends existing reach into strategic end markets such as transportation and consumer goods Medical Baby Care Electronics Food Packaging Automotive Textiles Home Textiles Clothing Outdoor PolyOne Corporation Page 23 $0.82 $1.00 $1.31 $1.80 $1.96 $0.00 $0.75 $1.50 $2.25 2011 2012 2013 2014 2015 Adjusted EPS 2015 Full Year Financial Highlights Color Additives & Inks operating margin reached record level of 16.7% Specialty Engineered Materials operating margin grew 260 basis points year-over-year to 14.7% Adjusted EPS has grown on average 24% per year since 2011 $50 $75 $104 $125 $135 $0 $40 $80 $120 $160 2011 2012 2013 2014 2015 CAI Operating Profit $46 $47 $57 $72 $80 $20 $40 $60 $80 $100 2011 2012 2013 2014 2015 SEM Operating Profit Note: $ in millions, except per share data PolyOne Corporation Page 24 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 16.7% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Operating Income % of Sales At a Glance Color, Additives and Inks 2015 Revenues: $0.8 Billion Solutions Expanding Profits 2015 Revenue by Industry Segment 14.7% Platinum Vision United States 48% Europe 33% Canada 2% Asia 12% Latin America 5% Appliances 2% Building & Construction 11% Consumer 8% Electrical & Electronics 1% Healthcare 6% Industrial 13% Packaging 31% Textiles 8% Transportation 9% Wire & Cable 11% PolyOne Corporation Page 25 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 14.7% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Operating Income % of Sales At a Glance Specialty Engineered Materials 2015 Revenues: $0.5 Billion Solutions 2015 Revenue by Industry Segment Expanding Profits Platinum Vision 12.1% United States 49% Europe 29% Canada 2% Asia 20% Appliances 3% Building & Construction 3% Consumer 20% Electrical & Electronics 16% Healthcare 11% Industrial 8% Packaging 5% Transportation 19% Wire & Cable 15% PolyOne Corporation Page 26 1.4% 5.6% 7.3% 3.0% 12-14% 2012 2013 2014 2015 2020 Operating Income % of Sales At a Glance Designed Structures and Solutions Solutions 2015 Revenues: $0.5 Billion Expanding Profits 2015 Revenue by Industry Segment Platinum Vision Appliances, 3% Building & Construction 9% Consumer 5% Healthcare 7% Industrial 24% Packaging 19% Transportation 33% United States 97% Canada 3% PolyOne Corporation Page 27 Appliances 7% Building & Construction 31% Consumer 5% Electrical & Electronics 3% Healthcare 1% Industrial 13% Packaging 5% Transportation 19% Wire & Cable 16% 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 8.3% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Operating Income % of Sales At a Glance Performance Products and Solutions Solutions Expanding Profits 2015 Revenues: $0.7 Billion 10-12% Platinum Vision 2015 Revenue by Industry Segment 7.7% United States 79% Canada 14% Asia 2% Latin America 5% PolyOne Corporation Page 28 2.6% 3.0% 3.5% 4.0% 4.6% 5.6% 6.4% 5.9% 6.6% 6.5-7.5% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2020 Operating Income % of Sales 15% 53% 2006 Q4 2015 At a Glance Distribution Key Suppliers 2015 Revenues: $1.0 Billion ROIC Expanding Profits 6.1% Platinum Vision Appliances 6% Building & Construction 4%Consumer 13% Electrical & Electronics 6% Healthcare 23% Industrial 16% Packaging 4% Transportation 24% Wire & Cable 4% http://www.polyone.com/Pages/VariationRoot.aspx PolyOne Corporation Page 29 2 lbs Plastic = 3 lbs aluminum or 8 lbs steel or 27 lbs glass 33% less material by weight than aluminum 75% less material by weight than steel 93% less material by weight than glass Requires 91% less energy to recycle a pound of plastic versus a pound of paper Source: SPI: Sustainability and the Plastics Industry Plastics: Key to Future Sustainable Development PolyOne Corporation Page 30 Application Examples PolyOne Corporation Page 31 Outdoor Applications • Leading provider of high performance specialty materials for the recreational and sports & leisure industry • Well positioned across all segments to address market needs Metal to Polymer Conversion Lightweighting Thermal Management Impact Performance Source: Outdoor Industry Association PolyOne Corporation Page 32 $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: Sustainability benefits include lower package weight and improved recyclability of package at end of use Market Opportunity Leading Global Supplier of Additives In Growing PET Market Shelf-life extension Greater product consistency Recyclability and reduced carbon footprint Color and Special Effects Weight reduction Enhanced product aesthetics High heat resistance PET Bottling Technology 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 2009 2014 2019 Asia Pacific North America Latin America Western Europe Eastern Europe Middle East and Africa Global PET Packaging Growth 2009-2019 Source: Euromonitor retail off-trade consumption (PET bottles & jars, home care, personal care, food & non-alcoholic beverages) B ill io n un its 5% CAGR PolyOne Corporation Page 33 • Includes formulation and consultative services to assist manufacturers and brand owners in positively identifying their finished goods • Protects brand equity & consumer welfare • Reduces exposure to unwarranted recall expenses • Secures supply chain integrity – support for safe expansion into new geographies Authentication Technology PolyOne Corporation Page 34 Metal Replacement Solutions • Replaces metal in LED lighting • Extends LED durability and life span eliminating hot spots • Greater design flexibility with fewer parts • Weight reduction • Simplifies manufacturing and lowers total production cost PolyOne Corporation Page 35 • Color harmonization across 15 unique color-and-polymer combinations • Eliminated need for multiple pre- colored materials • Reduced Land Rover’s working capital Range Rover Evoque Interior PolyOne Corporation Page 36 • Reduced health and environmental impact • System cost reduction • Radiation-shielding performance • Parts consolidation • Design freedom CT Scanner PolyOne Corporation Page 37 High-Barrier Packaging Containers • Capability to extrude up to 13 layers • Strong oxygen and moisture vapor transmission protection • Can be made symmetrical or asymmetrical to meet customized needs of broad variety of applications • Barrier protection and superior sensory properties PolyOne Corporation Page 38 Aerospace Applications • Leading provider of specialty materials for the aerospace industry • Typical applications Mil-spec aircraft windows, canopies, windscreens, instrument panels, wingtip lenses Interior – gallery furnishings, tray tables, arm rests, trim strips, joint/edge coverings • Benefits: High impact strength Resistant to UV rays Flame and smoke compliance Easy to clean with aggressive cleaners; anti-microbial grades available Range of sizes, thicknesses, colors, etc. 1 Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Below is a reconciliation of non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with U.S.
POL IR Presentation - February 2016 2.26.2016 ��PolyOne Investor Presentation�March 2016�� Forward-Looking Statements Use of Non-GAAP Measures PolyOne Commodity to Specialty Transformation 25 Consecutive Quarters of EPS Growth PolyOne�At A Glance Mix Shift Highlights Specialty Transformation Color and Engineered Materials at the�Heart of Specialty Transformation Proof of Performance & 2020 Goals Slide Number 10 Slide Number 11 Slide Number 12 Slide Number 13 Innovation Drives Earnings Growth Investing to Drive Growth Design and Service as a Differentiator Customer First Through World-Class Service Debt Maturities & Pension Funding Free Cash Flow and Strong Balance Sheet �Fund Investment / Shareholder Return Why Invest In PolyOne?