https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520RW%2520Baird%25202015%2520Industrial%2520Conference%2520-%2520November%25202015.pdf
Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of
operations; debt extinguishment costs; employee separation costs resulting from personnel reduction programs, plant phase-in costs, executive separation agreements; asset impairments; mark-to-market adjustments
associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties, remediation costs and related insurance recoveries related to facilities
no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and losses on facility or property sales or disposals; results of
litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of the performance period; one-time, non-recurring items; and the effect of changes in
accounting principles or other such laws or provisions affecting reported results
2) Tax adjustments include the net tax expense/benefit from one-time income tax items, the set-up or reversal of uncertain tax position reserves and deferred income tax valuations allowance adjustments.
Appendix
Q3 2015 Financial Highlights
At a Glance�Global Color, Additives and Inks
At a Glance�Global Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Commitment to Operational Excellence
Application Examples
Outdoor Applications
Slide Number 28
Authentication Technology
2015 Range Rover Evoque Interior
Slide Number 31
Metal Replacement Solutions
High-Barrier Packaging Containers
Aerospace Applications
Baird Non GAAP Rec.pdf
Baird - November 10, 2015
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520-%2520Credit%2520Suisse%2520-%2520June%25202015.pdf
Platform
operating
income
mix
percentage 2005* 2006* 2007* 2008* 2009* 2010* 2011 2012 2013 2014 2015 Q1
Global Color,
Additives and
Inks
$ 4.3 $ 8.9 $ 25.7 $ 28.1 $ 25.2 $ 37.7 $ 50.2 $ 75.3 $ 104.0 $ 124.9 $ 33.8
Global
Engineered
Materials
0.4 3.9 4.9 17.6 20.6 49.7 45.9 47.0 57.2 72.4 23.1
Designed
Structures and
- - - - - - - - 33.4 45.1 3.2
Platform $ 4.7 $ 12.8 $ 30.6 $ 45.7 $ 45.8 $ 87.4 $ 96.1 $ 122.3 $ 194.6 $ 242.4 $ 60.1
Performance
Products and
75.7 64.2 65.8 31.3 33.1 54.0 27.7 38.8 56.0 63.1 11.5
Distribution 19.5 19.2 22.1 28.1 24.8 42.0 56.0 66.0 63.3 68.2 15.7
Joint ventures 91.9 102.9 34.8 28.6 25.5 18.9 5.0 - - - -
Corporate and
eliminations (51.5) 34.5 (73.3) (425.1) 7.9 (27.7) 18.2 (89.6) (82.4) (218.6) (17.2)
Operating
income (loss)
GAAP
$ 140.3 $ 233.6 $ 80.0 $ (291.4) $ 137.1 $ 174.6 $ 203.0 $ 137.5 $ 231.5 $ 155.1 $ 70.1
Less:
Corporate
operating
expense
51.5 (34.5) 73.3 425.1 (7.9) 27.7 (18.2) 89.6 82.4 218.6 17.2
Operating
income
excluding
Corporate
$ 191.8 $ 199.1 $ 153.3 $ 133.7 $ 129.2 $ 202.3 $ 184.8 $ 227.1 $ 313.9 $ 373.7 $ 87.3
platform
operating mix
percentage
2% 6% 20% 34% 35% 43% 52% 54% 62% 65% 69%
* Historical results have not been restated for the Resin business divestiture or the related resegmentation.
Special items include charges related to specific strategic initiatives or financial restructuring such as: consolidation of operations; debt
extinguishment costs; employee separation costs resulting from personnel reduction programs, plant phase-in costs, executive separation agreements; asset impairments; mark-to-market
adjustments associated with actuarial gains and losses on pension and other post-retirement benefit plans; environmental remediation costs, fines, penalties, remediation costs and related
insurance recoveries related to facilities no longer owned or closed in prior years; gains and losses on the divestiture of operating businesses, joint ventures and equity investments; gains and
losses on facility or property sales or disposals; results of litigation, fines or penalties, where such litigation (or action relating to the fines or penalties) arose prior to the commencement of
the performance period; unrealized gains and losses from foreign currency option contracts; one-time, non-recurring items; and the effect of changes in accounting principles or other such
laws or provisions affecting reported results.
(2) Tax adjustments include the net tax expense (benefit) from one-time income tax items and deferred income tax valuations allowance adjustments.
Appendix
Q1 2015 Financial Highlights
At a Glance�Global Color, Additives and Inks
At a Glance�Global Specialty Engineered Materials
At a Glance�Designed Structures and Solutions
At a Glance�Performance Products and Solutions
At a Glance�Distribution
Plastics: Key to Future Sustainable Development
Commitment to Operational Excellence
Application Examples
Slide Number 28
Authentication Technology
2015 Range Rover Evoque Interior
Slide Number 31
Metal Replacement Solutions
Next Generation Solar Charger
High-Barrier Packaging Containers
Aerospace Applications
Credit Suisse - June 25 2015 r2
Credit Suisse - June 25 2015
https://www.avient.com/knowledge-base/case-study/cleaner-and-safer-internal-automotive-parts
Avient’s Onflex™ Lo TPE and Maxxam™ engineered material formulations are used for interior HVAC air flaps, trays, console carrier and instrument panels, and related interior parts.
These solutions helped one of our customers satisfy high Vehicle Interior Air Quality (VIAQ) standards without compromising desired surface finish, gloss level, mechanical property or density.
https://www.avient.com/knowledge-base/case-study/cleaner-and-safer-internal-automotive-parts?rtype[]=1124
Avient’s Onflex™ Lo TPE and Maxxam™ engineered material formulations are used for interior HVAC air flaps, trays, console carrier and instrument panels, and related interior parts.
These solutions helped one of our customers satisfy high Vehicle Interior Air Quality (VIAQ) standards without compromising desired surface finish, gloss level, mechanical property or density.
https://www.avient.com/knowledge-base/case-study/cleaner-and-safer-internal-automotive-parts?ind[]=6601
Avient’s Onflex™ Lo TPE and Maxxam™ engineered material formulations are used for interior HVAC air flaps, trays, console carrier and instrument panels, and related interior parts.
These solutions helped one of our customers satisfy high Vehicle Interior Air Quality (VIAQ) standards without compromising desired surface finish, gloss level, mechanical property or density.
https://www.avient.com/color-theory-monitor-print
These blends can fluctuate wildly if one ink has a higher opacity level than the next.
Many premixed inks are sufficient—if you QC their levels with opacity cards—but the best way to control opacity levels is to create your inks using mixing systems designed for that purpose.
The best chance of simulating this color module is with a translucent set of evenly opaque colors.
https://www.avient.com/knowledge-base/article/designing-molds-styrenic-block-copolymers-sbc
For best results manufacturers should understand the material’s processing benefits and limitations before designing a mold.
One advantage to a SBC based TPE is the amount of strength, elasticity and recovery exhibited when the part is ejected from a mold.
The best way to solve this problem is to use air ejection, although a high draft may also be helpful.
https://www.avient.com/knowledge-base/article/designing-molds-styrenic-block-copolymers-sbc?rtype[]=1164
For best results manufacturers should understand the material’s processing benefits and limitations before designing a mold.
One advantage to a SBC based TPE is the amount of strength, elasticity and recovery exhibited when the part is ejected from a mold.
The best way to solve this problem is to use air ejection, although a high draft may also be helpful.
https://www.avient.com/sites/default/files/2020-09/sustainabilityreport2018.pdf
EDGETEK™ XT HIGH PERFORMANCE
COPOLYESTERS are one of the highest performing BPA—
free engineering thermoplastics in the industry.
They settle for nothing less than
the best—and neither should our customers.
And this is where PolyOne made a huge
difference for one customer.
https://www.avient.com/sites/default/files/2020-07/avient-abac-vietnam-200721_0.pdf
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