https://www.avient.com/sites/default/files/2020-08/gravi-tech-closures-case-study-spanish.pdf
De
hecho, un informe llamado “El empaque importa”
(Packaging Matters™) realizado en 2015 por la compañía
MeadWestvaco, indica que más del 25% de los
consumidores de bebidas alcohólicas dicen que el
empaque es “muy” o “extremadamente” impactante en
su decisión de compra de un producto.
https://www.avient.com/sites/default/files/2022-02/Sustainability ESG Disclosures_Titanium Dioxide.pdf
Worker
Workers should follow the recommended safety measures contained within the
Safety Data Sheet (SDS) and on any product packaging.
https://www.avient.com/sites/default/files/2022-09/Smartbatch Blow Molding Brochure.pdf
Consider these solutions:
• Anti-stat to prevent dust build up
• UV blockers or stabilizers to protect package
contents
• Anti-microbials for limiting microbe
development
• Scratch and mar technology to preserve surface
finishes
• Impact modifiers that increase flexibility
and durability
Reduce Risk with Regulatory Support
We know that regulatory compliance requirements
are constantly changing.
https://www.avient.com/sites/default/files/2023-01/Mevopur Standard Colors Product Bulletin _ Color Card.pdf
KEY CHARACTERISTICS
• Globally harmonized formulations are
manufactured at four ISO 13485 certified
medical sites, providing global consistency
and increased security of supply
• Documented change control available
• A range of standard colors eliminates color
matching to expedite development time
• The portfolio includes compliant colors for
use in:
- Needle hub applications: ISO 6009
- Ophthalmic container closures
(American Academy of Ophthalmology)
REGULATORY SUPPORT
• A library of pre-tested raw materials including:
- ISO 10993-1 and USP biological
evaluation
- European Pharmacopeia 3.1.3/3.1.5
(polyolefin)
- USP (polyethylene)
- ICH Q3D elemental impurities
• Registered Drug Master File (Type III) and/or
Device Master File
• Food contact established with FDA/EU*
HEALTHCARE APPLICATIONS
• Medical devices such as catheters, surgical and
dental instruments, and drug delivery devices
• Pharmaceutical packaging including vials
and bottles
• Diagnostics for blood analysis or In Vitro
Diagnostics (IVD)
PRODUCT BULLETIN & COLOR CARD
* FDA/EU compliance information available upon request; exceptions may occur
Color Pantone
Reference PE Base PP Base Transparent
PP Base PEBA Base PC Base Transparent
PC Base* ABS Base*
White — PE0M176031 PP0M176045 ** AH0M415001 NC0M176058 ** SB0M665206
Yellow 102C PE1M176076 PP1M176060 PP1M176062 AH1M415002 NC1M176058 NC1M176059 SB1M664958
Orange 158C PE2M176044 PP2M176046 ** ** NC2M176044 NC2M664912 SB2M664939
Red 199C PE3M176131 PP3M176111 PP3M176113 AH3M415002 NC3M176116 NC3M176122 SB3M665037
Pink 196C PE3M176130 PP3M176109 ** AH3M415001 NC3M176117 NC3M665052 SB3M665039
Violet 2593C PE4M176023 PP4M176036 PP4M176039 AH4M415001 NC4M176038 NC4M176044 SB4M664978
Light Blue 292C PE5M176155 PP5M176169 ** AH5M415003 NC5M176142 ** SB5M665402
Mid Blue 285C PE5M176154 PP5M176171 PP5M176175 AH5M415002 NC5M176143 NC5M176146 SB5M665404
Dark Blue 288C PE5M176153 PP5M176173 ** ** NC5M176144 ** SB5M665406
Light Green 346C PE6M176128 PP6M176111 ** ** NC6M176118 ** SB6M665070
Bluish Green 3145C PE6M176126 PP6M176115 ** ** NC6M176119 ** SB6M665068
Medium Green 348C PE6M176127 PP6M176113 PP6M176118 AH6M415001 NC6M176120 NC6M176121 SB6M665072
Dark Gray 425C PE7M176066 PP7M176091 PP7M176094 ** NC7M176124 ** SB7M665297
Mid Gray Cool Gray 5C PE7M176067 PP7M176089 ** AH7M415001 NC7M176125 NC7M665175 SB7M665295
Beige 7502C PE8M176048 PP8M176058 ** ** NC8M176058 ** SB8M664871
Brown 463C/731C PE8M176049 PP8M176060 ** ** NC8M176059 ** SB8M664869
Black Black C PL9M176008 PP9M176017 ** ** NC9M176008 NC9M176009 SB9M664896
Colors may vary from actual color shown.
https://www.avient.com/sites/default/files/2020-10/excelite-im-product-bulletin-americas-1.pdf
These versatile CFAs are ideal for use in a wide
range of industries, including:
• Automotive
• Construction
• Commercial
• Personal care packaging
• Structural foamed applications
• Consumer goods, including specific grades
available to meet food contact requirements
PRODUCT BULLETIN
PRODUCT
NAME DESCRIPTION POLYMERS FOOD
CONTACT
CELL
STRUCTURE
Excelite IM 3
High density reduction with larger
cell size.
https://www.avient.com/sites/default/files/2022-04/Sustainable Material Answers_ Circular Economy 2022_1.pdf
Solutions that
Support the
Circular Economy
REDUCED ENERGY USE
CESA™ Dry Additives
CESA™ Release Additives
OnCap™ CTR Process Optimization
ColorMatrix™ Joule™ & Smartheat™ Infrared Absorber
Specialty Low Cure Inks
SiteCool™ Infrared Absorption Technologies
BIO-DERIVED CONTENT
reSound™ OM Bio-Derived Thermoplastic Elastomers
reFlex™ Bio-Derived Plasticizer
OnCap™ Bio Additives
OnColor™ Bio Colorants
reSound™ Natural Fiber Reinforced Formulations
LIGHTWEIGHTING
Glasforms™ Pultrusion Technologies
Polystrand™ Continuous Fiber Composites
IMPROVED RECYCABILITY
CESA™ IR Black Additives
CESA™ Extend Additives
ColorMatrix™ Lactra™ SX Light Blocking Additive for PET
ColorMatrix™ Ultimate™ UV Light Barrier
ColorMatrix™ Capture™ Oxygen Scavenger for PET
ColorMatrix™ Triple A™ Acetaldehyde Scavenging Additives
ColorMatrix™ Reprize™ IV Builder for PET
OnColor™ IR Sortable Black for Recyclable Packaging
Bergadur™ Post-Industrial Recycled Content Polyester
Formulations
Nymax™ PIR Post-Industrial Recycled Nylon Formulations
Maxxam™ FR Flame Retardant Polyolefin Formulations
Predictions
Gartner predicts circular economies will replace linear economies in 10 years,
noting that supply chain leaders must adapt to circular models in order to
keep up in a marketplace with a growing emphasis on sustainability.
For example,
companies may explore ways to collaborate to reuse materials and packaging,
and consumer goods brands will likely continue testing sustainable refill models.
https://www.avient.com/sites/default/files/2023-01/AVNT Dec 2022 Earnings Presentation.pdf
We partner with Brand Owners / OEMs, processors and
assemblers to enable their goals in applications like packaging,
healthcare, consumer goods, transportation, wire & cable,
building & construction and textiles.
Global Compact &
fulfilled Communication of Progress (COP)
requirements
• New Sustainability Strategy overview page including
our 2022 AIP ESG metrics
• New ESG Performance page with ESG ratings,
awards, and certifications
• Increased disclosures on carbon emissions, including
disclosure of Climate Change Scenario Analysis
• Added new Product Stewardship and Chemical
Management policies
• Enhanced data reporting for Workforce
Demographics
• Improved social disclosures on human rights,
dependent care and special leave and strategic
training management
2021 SUSTAINABILITY REPORT
Launching integrated sustainability website in parallel with report
Aligned with leading reporting frameworks
6
Released July 2022
ESG RATINGS PERFORMANCE
ESG AWARDS AND CERTIFICATIONS
ESG PERFORMANCE & AWARDS
84th
3
1
2
7
T RAN S FO R MAT IO NAL
OVE RV IE W
Avient Protective
Dyneema
®
RECENT TRANSACTIONS
Acquired Divested
$1.45 B $0.95 B
9
Distribution
UPDATED CAPITAL STRUCTURE
& LIQUIDITY
• Proceeds from completed
sale of Distribution used to
pay near-term maturing debt
to strengthen balance sheet
• Fixed/floating debt ratio of
~55/45
• Proven track record of
deleveraging following major
acquisitions through strong
free cash flow generation
• 2022 pro forma net
debt/adjusted EBITDA
expected to be 3.1x
$725 $725
$575 $500
$600
$525
$650
$650
$600
Capital Structure
Cas
h
$544
Undr
awn
Rev
olve
r
$250
Liquidity
$3.15B
$2.40B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
2023 Notes
After Dyneema
Acquisition
After Distribution
Divestiture
$794M
(1) $250M reflects estimated undrawn revolver following the divestiture of Distribution
10
PREVIOUS TRANSACTIONS
Performance
Solutions
Products &
$0.8 B
COLOR
$1.4 B
Acquired (2020)Divested (2019)
11
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $75 million of realized synergies anticipated in 2022
• Acquisition completed on July 1, 2020 for $1.45 billion.
https://www.avient.com/sites/default/files/Avient Climate Change Scenario Analysis Summary 2022.pdf
CLIMATE-RELATED SCENARIOS ANALYZED
Global operations through 2050
PARAMETERS & ASSUMPTIONS
EXCEED
2.5°C
EXCEED
2.0°C
RETURN
BELOW
1.5°C
IMPACT DRIVER &
NET ZERO FUTURE PLEDGING PROGRESS STEADFAST POLICY
Policy & Legal Risk
Carbon pricing exposure in USA, China,
Germany and Spain
Fines and/or compliance measures:
· Clean electrification of operations;
· Emissions intensive equipment phase-out;
· Circular economic and materials efficiency
strategies;
· Net-zero carbon building standards;
· Mandatory energy management systems
and audits
Carbon pricing exposure in USA, China,
Germany, Spain, and Saudi Arabia
Increased fines and compliance measures
related to:
· Phase-outs aligned with Nationaly
Determined Contributions (NDC);
· Renewable energy sourcing;
· Material efficiency standards (minimum
recycled content for packaging, and
enhanced vechicle air quality)
Some regional carbon pricing exposure in
China, Germany and Spain
Technology Risk
Capital expenditures to subsitute emissions
intensive technologies
Declining price point competitiveness
caused by decarbonization pass through
costs
R&D costs to transition to design and deploy
lower-emissions technologies
Slower substitution of materials with lower-
emission options
Market Risk
Declining redundant supply and sourcing
more sustainably causes raw material costs
to rise
Customers demand to lower their scope 3
emissions from purchased goods and
services across all markets
Increasing competition from existing and
unforeseen polymer and non-polymer-
based products that reduce further impact
on climate
Customer behaviors from advanced
economies demand lower carbon products
Rising degree of uncertainty in raw material
prices
Slow customer behavior changes in some
advanced economies
High degree of uncertainty in energy market
signals
Reputation Risk
Chemical sector or certain petrochemical
materials (i.e., plastics) stigmatized
Rising expectations for rapid innovation and
displacement of older, heavily carbon-
intensive designs and manufacturing
processes
NDC countries expected to innovate and
seek rapid minimization of customers' scope
3 emissions
Increased concern from stakeholders for not
addressing climate change globally or for
the chemicals sector
Acute & Chronic Risk
Possible direct damage to fixed assets and
logistics disruptions in both our value chain
and operations
More frequent and intense weather events
and changing preciptation patterns are likely
to damage manufaturing faciliites, disrupt
logistics and sourcing activities, and
negatively affect employee health and
communities where we operate
More frequent and intense weather events
and changing preciptation patterns are likely
to affect the performance of grids and
thermal plants while pushing up demand for
cooling, damage fixed assets, disrupt
logistics and sourcing activities, and
negatively affect employee health and
communities where we operate
IMPACT DRIVER &
NET ZERO FUTURE PLEDGING PROGRESS STEADFAST POLICY
Resource
Efficiency
Opportunity
More efficient production and distribution
processes, reduced natural resource usage,
continued use of recycling, and inclusion of
recycled materials in our products such as
reSoundTM R, ColorMatrix™ Capture™
Oxygen Scavenger, among others will
contribute to increasing product revenues
and reduced operating costs
Resource efficiency efforts supported by
capital allocation in NDC countries is more
likely and may accelerate a path toward
maximizing ROI and reducing operating
costs
Less regulatory and pressure to incentivize
may cause gains from efforts to lag
Energy Source
Opportunity
Use of greater external financing options,
such as operating lease arrangements or
energy performance shared savings
contracts, to source lower emission-energy
and new technologies, such as carbon
capture, utilization & storage (CCUS), in our
operations may reduce operating costs and
maximize returns on investment
Use of lower emission-sources of energy in
operations will lower operating costs and
contribute toward reductions of our scope 1
and 2 emissions and product carbon
intensities
Use of renewable energy, increased
efficiency, and electrification initiatives will
lower operating costs and contribute toward
reductions of our scope 1 and 2 emissions
and product carbon intensities.
By 2030, Avient will enable 100% of our products manufactured for packaging applications to be recyclable or reusable to advance the circular economy, for which
approximately 90% of Avient’s products met this criteria in 2020.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520GS%2520w%2520non%2520GAAP%25205_21_14.pdf
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
Page 4
2013 Revenues: $3.8 Billion
End Markets
2013 Revenues: $3.8 Billion
Page 5
PolyOne
At A Glance
United
States
67%
Europe
14%
Canada
7% Asia
Latin
America
Specialty
54%
PP&S
18%
Distribution
28%
$13
$31
$46 $46
$92 $96
$122
$195
$0
$50
$100
$150
$200
2006 2007 2008 2009 2010 2011 2012 2013
Specialty Operating Income
Building &
Construction
13%
Industrial
12%
Transportation
18%
Wire & Cable
9%
Packaging
16%
Consumer
10%
HealthCare
11% Appliance
Electronics &
Electrical
5%
Old
PolyOne Transformation
*Operating Income excludes corporate charges and special items
2%
34% 43%
62% 64%
0%
20%
40%
60%
80%
100%
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
Mix Shift Highlights Specialty Transformation
2015
Target
Page 6
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
Page 7
-150.00%
-50.00%
50.00%
150.00%
250.00%
350.00%
450.00%
550.00%
PolyOne S&P 500
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
'06 '07 '08 '09 '10 '11 '12 '13
‘06-‘13 EPS CAGR = 41%
EPS Share Price vs.
S&P 500
All time high of
$39.55
May 13th, 2014
Page 8
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* 5.0% 9.4% 15%
4) Adjusted EPS Growth N/A 42% Double Digit
Expansion
Proof of Performance & 2015 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
Page 9
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
Page 10
Innovation Drives Earnings Growth
*Percentage of Specialty Platform revenue from products introduced in last five years
Page 11
$20
$53
2006 2013
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14.3%
30.7%
2006 2013
Specialty Platform
Gross Margin %
19.5%
43.0%
2006 2013
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
Page 13
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
Page 14
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2025-01/AVNT Dec 2022 Earnings Presentation Updated.pdf
We partner with Brand Owners / OEMs, processors and
assemblers to enable their goals in applications like packaging,
healthcare, consumer goods, transportation, wire & cable,
building & construction and textiles.
Global Compact &
fulfilled Communication of Progress (COP)
requirements
• New Sustainability Strategy overview page including
our 2022 AIP ESG metrics
• New ESG Performance page with ESG ratings,
awards, and certifications
• Increased disclosures on carbon emissions, including
disclosure of Climate Change Scenario Analysis
• Added new Product Stewardship and Chemical
Management policies
• Enhanced data reporting for Workforce
Demographics
• Improved social disclosures on human rights,
dependent care and special leave and strategic
training management
2021 SUSTAINABILITY REPORT
Launching integrated sustainability website in parallel with report
Aligned with leading reporting frameworks
6
Released July 2022
ESG RATINGS PERFORMANCE
ESG AWARDS AND CERTIFICATIONS
ESG PERFORMANCE & AWARDS
84th
3
1
2
7
T RAN S FO R MAT IO NAL
OVE RV IE W
Avient Protective
Dyneema
®
RECENT TRANSACTIONS
Acquired Divested
$1.45 B $0.95 B
9
Distribution
UPDATED CAPITAL STRUCTURE
& LIQUIDITY
• Proceeds from completed
sale of Distribution used to
pay near-term maturing debt
to strengthen balance sheet
• Fixed/floating debt ratio of
~55/45
• Proven track record of
deleveraging following major
acquisitions through strong
free cash flow generation
• 2022 pro forma net
debt/adjusted EBITDA
expected to be 3.1x
$725 $725
$575 $500
$600
$525
$650
$650
$600
Capital Structure
Cash
$544
Undrawn
Revolver
$250
Liquidity
$3.15B
$2.40B
2030 Notes
2029 Term Loan
2026 Term Loan
2025 Notes
2023 Notes
After Dyneema
Acquisition
After Distribution
Divestiture
$794M
(1) $250M reflects estimated undrawn revolver following the divestiture of Distribution
10
PREVIOUS TRANSACTIONS
Performance
Solutions
Products &
$0.8 B
COLOR
$1.4 B
Acquired (2020)Divested (2019)
11
• Acquisition of Clariant Color business significantly expanded
presence in healthcare, packaging and consumer end markets
• Strength of portfolio – double-digit annual EBITDA growth
since acquisition
• $75 million of realized synergies anticipated in 2022
• Acquisition completed on July 1, 2020 for $1.45 billion.