https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520Wells%2520Fargo%252005%252008%25202014%2520w%2520non%2520GAAP.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 Confirmation of Our Strategy The World’s Premier Provider of Specialized Polymer Materials, Services and Solutions Specialization Globalization Operational Excellence Commercial Excellence -150.00% -50.00% 50.00% 150.00% 250.00% 350.00% 450.00% PolyOne S&P 500 Russell 2000 Dow Jones Chemical All time high of $39.28 April 4th, 2014 • 18 consecutive quarters of double digit EPS growth • 49% CAGR adjusted EPS expansion 2006-2013 • 2013 stock price increased 73% versus 30% growth in the S&P • More than seven fold increase in market cap: $0.5b $3.6b Strategy and Execution Drive Results Page 6 Appliance 4% Building & Construction 13% Wire & Cable 9% Electrical & Electronics 5% Consumer 10%Packaging 16% Industrial 12% HealthCare 11% Transportation 18% Misc. 2% 0.12 0.27 0.21 0.13 0.68 0.82 1.00 1.31 2.50 $0.00 $0.25 $0.50 $0.75 $1.00 $1.25 $1.50 $1.75 $2.00 $2.25 $2.50 2006 2007 2008 2009 2010 2011 2012 2013 2015 Target Ad ju st ed E ar ni ng s P er S ha re 2013 Revenues: $3.8 Billion End Markets 2013 Revenues: $3.8 Billion EPS Page 7 PolyOne At A Glance United States 67% Europe 14% Canada 7% Asia 6% Latin America 6% Specialty 54% PP&S 18% Distribution 28% Mix Shift Highlights Specialty Transformation Page 8 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 2015 Target Proof of Performance & 2015 Goals Page 9 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* (after-tax) 5.0% 9.4% 15% 4) Adjusted EPS Growth N/A 42% Double Digit Expansion *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period 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 Innovation Drives Earnings Growth $20.3 $52.3 2006 2013 Research & Development Spending ($ millions) Specialty Platform Vitality Index Progression* *Percentage of Specialty Platform revenue from products introduced in last five years Page 11 14.3% 30.7% 2006 2013 Specialty Platform Gross Margin % 19.5% 42.0% 2006 Q1 2014 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 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 Investing in operational and initiatives that drive profitability growth Manufacturing realignment 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 The New PolyOne: A Specialty Growth Company Why Invest In PolyOne?
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PolyOne Recognized for Innovation and Excellence in China
Edgetek™ REC PC Recycled Polycarbonate Solutions
ColorMatrix™ Optica™ Specialty Toners for PC
https://www.avient.com/sites/default/files/2022-11/Polystrand R Recycled Polyester Composite Tape and Laminates Product Bulletin.pdf
KEY CHARACTERISTICS • Incorporates a minimum of 95% post-consumer recycled PET resin and 58% glass fiber • Available in unidirectional tape, 2-layer X-ply™ and 3-layer tri-ply laminates • Excellent bondability to other materials via thermal lamination or adhesives • Impact and corrosion resistant • Improved carbon footprint vs. traditional polyester-based composite tape APPLICATIONS Recycled content unidirectional tapes and laminates are well-suited for applications that benefit from the light weight, high strength, and impact resistance of continuous glass fiber reinforced rPET including: • Commercial vehicles • Trailers • Structural automotive applications • Consumer electronics and accessories • Outdoor sporting equipment and adventure gear PRODUCT BULLETIN 1.844.4AVIENT www.avient.com Copyright © 2022, Avient Corporation.
https://www.avient.com/sites/default/files/2021-06/fl.us-.datasheet-uhmwpe.pdf
Key Features • Excellent strength to weight ratio • High abrasion resistance • UV Stable • Chemically inert except for strong oxidizing acids • Resistant to fatigue & internal friction Disadvantages • Poor temperature resistance • Susceptible to creep • Flammable FIBER-LINE® PROCESS FOR UHMWPE • Coating • Twisting • Precision Winding FIBER-LINE® UHMWPE PRODUCTS • Strength Members • Industrial Fabric Yarn • Synthetic Wire Rope • Windshield Removal Cord Abrasion Resistance Yarn on Yarn Abrasion Ultraviolet (UV) Resistance Flame Resistance Chemical Resistance (Acid) Chemical Resistance (Alkali) Chemical Resistance (Organic Solvent) P P P X P P P Property UOM Value Breaking Tenacity g/d 28.0 Specific Gravity Ratio 0.97 Elongation @ Break % 3.6 Tensile Modulus g/d 850 Moisture Regain* %
https://www.avient.com/sites/default/files/2020-11/gls-tpes-soft-touch-selection-guide.pdf
Thermoplastic elastomers (TPEs) are an excellent solution.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-packingyarn.pdf
FL.Datasheet PackingYarn.indd FIBER OPTICAL CABLES MOVING HIGH PERFORMANCE FIBERS FORWARD Key Features • Filament level coating produces longer lasting products • Dissipates heat and reduces shaft wear • Excellent sealing and lubricity properties • Twisted products available for added strength • Non-PFOA PTFE products available FIBER-LINE® FIBERS FOR PACKING YARN • Carbon Fiber • Kevlar® Para-Aramid • Nomex® Meta-Aramid • Graphite • Fiberglass • PTFE Fiber FIBER-LINE® PERFORMANCE ADDING COATINGS • FIBER-LINE® Packcoat™ PTFE • FIBER-LINE® Packcoat™ Silicone Oil • FIBER-LINE® Packcoat™ Graphite • FIBER-LINE® Packcoat™ Mineral Oil FIBER-LINE® PACKING YARN PRODUCTS • Braided compression packing • Packing rings • Packing materials for pumps and valves Overview • FIBER-LINE® offers a broad range of continuous filament yarn and performance additives for braided compression packing yarn.
https://www.avient.com/sites/default/files/2021-06/fl.datasheet-belthose-reinforcement.pdf
These products have high-strength, low stretch, and excellent fatigue properties. • FIBER-LINE® twisted and corded products are properly torque- balanced for optimal performance. • FIBER-LINE® BondcoatTM products were created for applications where an untreated fiber does not have the ability to provide the appropriate amount of bonding characteristics to another material.
https://www.avient.com/sites/default/files/2021-06/fl.us-.datasheet-carbon-fiber.pdf
MOVING HIGH PERFORMANCE FIBERS FORWARD Key Features • High Strength & Modulus • Corrosion resistant • Electrical & thermal conductor • Flame Resistant • UV Inert • X-Ray Permeable • Excellent EMI (Electromagnetic Interference) Disadvantages • Susceptible to filamentation • Conductivity may be a hindrance to some processing • Susceptible to galvanic corrosion • Poor abrasion resistance (untreated) FIBER-LINE® PROCESS FOR CARBON FIBER • Coating • Twisting • Extrusion • Pultrusion • Precision Winding FIBER-LINE® CARBON FIBER PRODUCTS • Strength Members • Packing Yarn • Belt & Hose Reinforcement Yarn • Synthetic Wire Rope WHY CARBON FIBER?
https://www.avient.com/sites/default/files/2024-01/ColorMatrix AAnchor Brochure_A4.pdf
ColorMatrix AAnchor provides enhanced recyclability and improved productivity due to excellent thermal stability, thereby eliminating processing issues related to sublimation and deposition on molds often caused by anthranilamide (ATA)-based AA scavengers.
https://www.avient.com/sites/default/files/2021-09/olefins-brochure.pdf
It is to enable our customers’ innovation and sustainability goals through world class products and services and excellence in the four cornerstones of: WE HELP OUR CUSTOMERS MAKE PRODUCTS THAT ARE MORE SUSTAINABLE IN 8 DIFFERENT WAYS: • Lightweighting • Reduced Energy Use • Volatile Organic Compound Reduction • Recycle Solutions • Bio-polymers • Eco-conscious • Sustainable Infrastructure • Human Health & Safety For more information on how we can help, visit avient.com 1.844.4AVIENT www.avient.com Copyright © 2021, Avient Corporation.