https://www.avient.com/resource-center?document_type=59&document_subtype=0&industry=0&product_family=0&product_name=0&op=FILTER RESULTS&form_id=resource_filter_form&page=42
EMI-shielding performance at frequencies from 30 MHz up to 2 GHz
Best practices for handling and using ColorMatrix™ Joule™ RHB Fast Reheat Dispersions
https://www.avient.com/resource-center?document_type=59&page=42
EMI-shielding performance at frequencies from 30 MHz up to 2 GHz
Best practices for handling and using ColorMatrix™ Joule™ RHB Fast Reheat Dispersions
https://www.avient.com/sites/default/files/2020-10/demystifing-cmf-brochure.pdf
STANDING APART
FROM THE
COMPETITION
HOW DO MY CMF CHOICES SET ME APART
FROM COMPETITORS?
Finding a color,
material and finish that catches the eye and sets you apart from
your competition is vital.
FINDING THE
LATEST
TECHNOLOGIES
VISUALIZING
THE
POSSIBILITIES
HOW CAN I BE SURE I’VE SELECTED THE SOLUTION
THAT’S BEST FOR MY DESIGN AND BRAND?
https://www.avient.com/sites/default/files/2022-02/ColorMatrix Triple A Brochure.pdf
ColorMatrix
will recommend the best use rate
depending on the expected level
of AA following processing, storage
conditions and the final desired AA
level in the packaged product.
PERFORMANCE
Triple A lessens the impact of AA
generation from increased heat and
shear in high-throughout processing.
Processing conditions can cause
material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2023-06/AVNT June IR Conferences w_Non GAAP Recs.pdf
Management excludes
intangible asset amortization from adjusted EPS as it believes excluding acquired intangible asset amortization is a useful
measure of current period earnings per share.
Non-GAAP financial measures have limitations as analytical tools and
should not be considered in isolation from, or solely as alternatives to, financial measures prepared in accordance with GAAP.
The presentation of these measures may be different from non-GAAP financial measures used by other companies.
https://www.avient.com/sites/default/files/2025-04/OnForce - electronic card reader case study snapshot.pdf
https://www.avient.com/sites/default/files/resources/Innovation_Day_-_May_2014_0.pdf
They are based on management’s expectations that involve a number of business risks and uncertainties, any of which
could cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Richardson
Executive Vice President, Chief Financial Officer
PolyOne Corporation Page 15
Track Record of Accelerated Growth
Total Revenue Adjusted EPS Adjusted EBITDA
$2,061
$2,506
$2,709
$2,861
$3,771
2009 2010 2011 2012 2013
($ in millions, except EPS )
$105
$179
$202
$255
$344
2009 2010 2011 2012 2013
$0.13
$0.68
$0.82
$1.00
$1.31
2009 2010 2011 2012 2013
PolyOne Corporation Page 16
$0.31
$0.44
$0.20
$0.30
$0.40
Q1 2013 Q1 2014
Adjusted EPS
$42
$60
$20
$40
$60
Q1 2013 Q1 2014
Specialty Operating Income
($ millions)
Q1 2014 Financial Highlights
Growth momentum accelerates
driven by specialty platform
Specialty segments and
Distribution achieve record results
All segments increase operating
income compared to prior year
Revenue grew 25% versus
Q1 2013
+43%
+42%
$57
$79
$30
$60
$90
Q1 2013 Q1 2014
Adjusted Operating Income
($ millions)
+39%
PolyOne Corporation Page 17
Commitment to Operational Excellence
81%
96%
2006 2013
16.2%
10.9%
2006 2013
On-Time Delivery
Working Capital % of Sales
5.0%
31.0%
2006 2013
Percent of Associates Trained in LSS
Three consecutive years – CFO Magazine
Best Working Capital Management
Program in the chemical industry
World’s Best Business
Process Excellence
Program in 2012*
95 certified Black Belts
211 certified Green Belts
422 Project Leaders
World’s Best “Start-up
Program” for Lean Six Sigma
Deployment in 2009*
*Both awards received from International Quality and Productivity Center
PolyOne Corporation Page 18
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%
*TTM 12/31/2013
** includes US-qualified pension plans only
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 2014
Pension Funding**
As of March 31, 2014
PolyOne Corporation Page 19
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
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
Investing in operational and
LSS initiatives (including
synergy capture)
Manufacturing alignment
PolyOne Corporation Page 20
3.07 3.05
1.81
1.45
1.82
1.54
0.85
3.15
1.17
1.69
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
0.91
PolyOne
Valuation Aspirations
PEG Ratio Comparison
Represents $38 of
share price upside
Avg = 1.96
PolyOne Corporation Page 21
Innovating for the Future
Dr.
Patterson
President and Chief Executive Officer
PolyOne Corporation Page 36
PolyOne Core Values
Innovation
Collaboration
Excellence
PolyOne Corporation Page 37
Innovation Drives Earnings Growth
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index
Progression*
*Percentage of Specialty Platform revenue from products introduced in last five years
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
PolyOne Corporation Page 38
Formula for Success
Innovation
Market
Beating
Performance
Excellence in Execution
PolyOne Corporation Page 39
Track Record of Successful Integrations and
Rapid Operating Income Growth
$12
$44
2007 2013
$22
$30
2012 2013
$24
$49
2012 2013
GLS ColorMatrix Spartech
OI in $ millions
PolyOne Corporation Page 40
2015 and Beyond
Innovation will drive the next
stage in our remarkable
transformation
Deliver on 2015
goals
Expand Specialty
offerings and
possibilities
Identified as a truly
global, specialty
chemical company
Market Potential Exceeds
$40 Billion
PolyOne Corporation Page 41
Driving Toward Premier Profitability
EBIT Margins for top tier
companies
Victrex 42%
Sigma Aldrich
18% FMC
25%
IFF 18%
Eastman 17%
Hexcel 16%
16%
Rockwood
Holdings
Celanese 14%
7% EBIT Margin – 2013
Albemarle 24%
Ecolab 13%
PolyOne Corporation Page 42
Bright Future & High Aspirations – The Next Seven Years
• % OP Income from Specialty - 5%
• Market Cap - $500 Million
• Revenue - $2.6 Billion
• Commodity Peers
• Specialty ROS - 1.5%
• % OP Income from Specialty - 62%
• Market Cap - $3.5 Billion
• Revenue - $3.7 Billion
• Specialty ROS - 9.4%
• % OP Income from Specialty - 80 to 90%
• Market Cap - $12 to $18 Billion
• Revenue - $8 to $10 Billion
• Specialty Peers
• Specialty ROS - ≥ 20%
2000 – 2006
2007 – 2013
2014 – 2020
PolyOne Corporation Page 43
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2021-05/2021-colormatrix-quick-guide-to-liquid-color.pdf
JUST ADD
LIQUID
Quick guide to
ColorMatrix™ liquid
color for plastics
and silicones
THE RIGHT COLORANT FOR YOU
Understanding which colorant technology best suits your particular product application
will help ensure you gain maximum performance and value from your colorant processing.
What level of technical support do you receive from your colorant supplier?
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2021-05/2021-colormatrix-quick-guide-to-liquid-color_0.pdf
JUST ADD
LIQUID
Quick guide to
ColorMatrix™ liquid
color for plastics
and silicones
THE RIGHT COLORANT FOR YOU
Understanding which colorant technology best suits your particular product application
will help ensure you gain maximum performance and value from your colorant processing.
What level of technical support do you receive from your colorant supplier?
Processing conditions can cause material properties to shift from the values stated in the information.
https://www.avient.com/sites/default/files/2020-10/tpe-injection-molding-guide.pdf
Clear formulations can produce the best metallic
or pearlescent colors.
Typical screw speeds range from
50 rpm to 150 rpm.
Sinks pull away
from the mold wall.