https://www.avient.com/sites/default/files/2025-03/Q4 2024 Avient Webcast Slides w Non-GAAP.pdf
All Rights Reserved 2025 Avient 2024 sales BUSINESS SEGMENTS END MARKETS REGIONS 63% 37% S E M C AI 23% 20% 15% 10% 10% 8% 7% 4% 3% Packaging Telecom Energy Defense Healthcare Building & construction Transportation Industrial Consumer 41% 35% 18% 6% US & Canada Latin America Asia Europe, Middle East and Africa 20Copyright © .
All Rights Reserved 2025 23 NON-HYDROCARBON MATERIALS HYDROCARBON-BASED ~35% of the raw material basket including part of “Other raw materials” are hydrocarbon-based Raw material basket 16% 14% 9% 2% 37% 9% 5% 4% 4% Performance additives Pigments TiO2 Dyestuffs Styrenic block copolymers Polypropylene Nylon Polyethylene Other raw materials Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except for per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2023-11/SEM TPE Product Selector Guide _N. America only_2023.pdf
FEATURED TPES FOR CONSUMER APPLICATIONS CO NSUM ER GENERAL PROPERTIES REGULATORY OVERMOLDING PROCESS FEATURES Appearance Hardness Specific Gravity Food Contact UL 94 Suitable Substrates Injection Extrusion ASTM Shore ASTM (D792) Consumer Electronics Series Versaflex™ CE 3120-40 Natural 42A 0.92 - - PC, ABS, PC/ABS, COPE ✔ - Good compression set—ideal for device cases or electronic grips Versaflex™ CE 3120-65 Natural 66A 1.15 - HB PC, ABS, PC/ABS, COPE ✔ - Chemical and abrasion resistant; 4.69 cradle-to-gate PCF—ideal for device cases or electronic grips Versaflex™ CE 3140-65N Natural 65A 1.00 - - PC, ABS, PC/ABS, COPE ✔ - 5G transparent materials—ideal for device cases or gaskets Versaflex™ CE 3140-90N Natural 90A 1.01 - - PC, ABS, PC/ABS, COPE ✔ - 5G transparent materials—ideal for device cases or gaskets Versaflex™ CE 3620 Black/ Natural 65A 1.00 - HB PC, ABS, PC/ABS, COPE ✔ - Chemical and abrasion resistant, hydrolitically stable—ideal for electronic grips/gaskets or wearables Engineering Resin Overmolds Versaflex™ OM 1060X-1 Natural 60A 0.93 ✔ - PC, ABS, PC/ABS ✔ - Versatile OM resin—ideal for grips/gaskets Versaflex™ OM 9-801N Natural 47A 1.04 ✔ HB PC, ABS, PC/ABS, PPO, POM, COPE, PMMA, HIPS ✔ - Soft touch/rubber feel—ideal for grips/gaskets Versaflex™ OM 9-802CL Clear 40A 0.92 ✔ - PC, ABS, PC/ABS, COPE ✔ - Soft touch/rubber feel—ideal for grips/gaskets Versaflex™ OM 6059-9 Black 58A 1.10 - HB PA 6 and 6,6 ✔ - Superior adhesion—ideal for grips, power tools/equipment Versaflex™ OM 6160-1 Black/ Natural 60A 1.11 ✔ HB PA 6 and 6,6 ✔ Superior adhesion—ideal for grips, power tools/equipment Versaflex™ OM 6240-1 Natural 43A 1.09 - - PA 6 and 6,6 ✔ - Superior adhesion — ideal for grips, power tools/equipment Versaflex™ OM 6258-1 Natural 62A 1.09 - - PA 6 and 6,6 ✔ - Superior adhesion—ideal for grips, power tools/equipment Versaflex™ OM 6258-9 Black 62A 1.09 - HB PA 6 and 6,6 ✔ - Superior adhesion—ideal for grips, power tools/equipment Versaflex™ OM 6275-9 Black 75A 1.10 - - PA 6 and 6,6 ✔ - Superior adhesion—ideal for grips, power tools/equipment Versollan™ OM1255NX Black 59A 1.05 - HB PC, ABS, PC/ABS, PC/PBT, COPE ✔ - Superior adhesion—ideal for power tool grips Versollan™ RU 2205-1 Natural 65A 1.16 - HB PC, ABS, PC/ABS, COPE ✔ ✔ High performance, rubber feel GENERAL PROPERTIES REGULATORY OVERMOLDING PROCESS FEATURES Appearance Hardness Specific Gravity Food Contact UL 94 Suitable Substrates Injection Extrusion ASTM Shore ASTM (D792) Special Series Versaflex™ VDT 4202-40B Black 40A 1.00 - - PP ✔ ✔ Vibration dispersion—ideal for washer/dryer feet or shin guards Versaflex™ G2800-17 Pink 18 OO 0.85 - - - ✔ - Skin-like feel—ideal for adult toys Versaflex™ SP 2820-55N Natural 55A 0.91 ✔ - - ✔ ✔ Superior puncture and tear resistance—ideal for dog toys Versaflex™ XP 2850 Natural 55A 0.88 ✔ - - ✔ ✔ Wet grip—ideal for water sports or grips Versaflex™ GP 2810-40N AM US Translucent 45A 0.87 ✔ - - ✔ - Antimicrobial Versaflex™ CE 3120-65 AM Natural 67A 1.15 - - PC, ABS, PC/ABS, COPE ✔ - Antimicrobial for consumer electronics Versalloy™ XL 9045-1 Natural 44A 0.88 ✔ - - ✔ - Excellent flow for long, thin flow paths— ideal for grips or thin wall parts Versalloy™ XL 9055-1 Natural 53A 0.89 ✔ - PP ✔ - Excellent flow for long, thin flow paths— ideal for grips or thin wall parts Versalloy™ XL 9055X-9 Black 53A 0.89 ✔ HB PP ✔ - Excellent flow for long, thin flow paths— ideal for grips or thin wall parts Versalloy™ XL 9070-1 Natural 70A 0.89 ✔ - PP ✔ - Excellent flow for long, thin flow paths— ideal for grips or thin wall parts Versalloy™ XL 9070X-9 Black 70A 0.89 ✔ HB PP ✔ - Excellent flow for long, thin flow paths; 2.54 cradle-to-gate PCF—ideal for grips or thin wall parts Dynaflex™ G7702-9001-02 Black 37A 1.10 - - PP ✔ ✔ High temperature performance—ideal for seals and gaskets Dynalloy™ DT 7910W White 45A 0.93 ✔ - - ✔ ✔ Low compression—ideal for dairy tubing Versaflex™ CL 2000X Clear 3A 0.87 ✔ - - ✔ ✔ Ultra soft Versaflex™ CL 2003X Clear 33 OO 0.87 ✔ - - ✔ ✔ Gel feel Versaflex™ CL30 Clear 30A 0.89 ✔ - PP ✔ ✔ High clarity, high tackiness Versaflex™ CL40 Clear 43A 0.89 ✔ HB - ✔ ✔ High clarity, high tackiness General Purpose Series Versaflex™ GP 2810 Translucent 20A–60A 0.88 ✔ - - ✔ ✔ Unfilled Versaflex™ GP 2810 Translucent 70A–90A 0.89 ✔ HB - ✔ ✔ Unfilled Dynaflex™ G7920 Natural/Black 20A 1.01 ✔ - PP ✔ ✔ Filled Dynaflex™ G7900 Natural/Black 30A–90A 1.05–1.20 ✔ HB PP ✔ ✔ Filled FEATURED TPES FOR CONSUMER APPLICATIONS CO NSUM ER GENERAL PROPERTIES REGULATORY OVERMOLDING PROCESS FEATURES Appearance Hardness Specific Gravity Compression Set @ 23°C Compression Set @ 100°C Food Contact ISO 10993 USP VI UL 94 Suitable Substrates Injection Extrusion ASTM Shore A ASTM (D792) ASTM % ASTM % Tubing Versaflex™ G2705 N Translucent 60 0.89 20 - ✔ ✔ ✔ ✔ PP ✔ ✔ High resiliance, low compression set, and good puncture sealing–ideal for medical and biopharma tubing Versaflex™ HC BT218 Translucent 67 0.89 19 69 - ✔ ✔ ✔ - - ✔ Weldable and kink resistant—ideal for biopharma tubing Versalfex™ HC BIO BT218 Translucent 70 0.88 18 58 - ✔ ✔ - - - ✔ Weldable and kink resistant; 40% bio-derived content (Gen 1 biomass)—ideal for biopharma tubing Versaflex™ HC MT317 Translucent 68 0.89 17 69 - ✔ ✔ ✔ - - ✔ Flexible and kink resistant, high service temperature —ideal for medical and biopharma tubing Versalloy™ HC 9220-70 Natural 70 0.95 17 51 - ✔ ✔ - PP ✔ ✔ High temperature resistance—ideal for peristaltic pump tubing Syringe Components Versaflex™ HC 2110-35N Natural 35 0.89 19 47 - ✔ ✔ - LDPE, PP ✔ - Good puncture sealing and elevated temperature performance—ideal for septums Versaflex™ HC 2110-57B Black 57 1.01 20 37 - ✔ ✔ - - ✔ - Low coefficient of friction and elevated temperature performance—ideal for plungers and stoppers Engineering Resin Overmolds Versaflex™ OM 1040X-1 Translucent 42 0.92 22 - ✔ ✔ ✔ - PC, ABS, PC/ABS ✔ - Good compression set at room temperature— ideal for seals and grips Versaflex™ OM 3060-1 Clear 59 0.90 33 - ✔ ✔ ✔ HB PC, ABS, PC/ABS, PC/PETG, PC/PBT ✔ - Good compression set at room temperature and UV stability—ideal for seals and grips Versaflex™ OM 8940X-1 Clear 40 0.92 20 - ✔ ✔ - - PK, COPE, PC, ABS, PC/ABS ✔ - Excellent chemical resistance to alcohols and disenfectants—ideal for grips on medical devices Versaflex™ OM 4052 Translucent 56 1.01 27 - ✔ - - - PC, ABS, PC/ABS ✔ - Excellent chemical resistance to skin oils, like sebum, and hand lotion—ideal for consumer healthcare applications Versaflex™ OM 4063 Translucent 64 1.12 30 - ✔ - - PC, ABS, PC/ABS ✔ - Excellent chemical resistance to skin oils, like sebum, and hand lotion—ideal for consumer healthcare applications General Purpose Applications Versaflex™ CL E85 Clear 85 0.90 20 72 ✔ ✔ ✔ - - - ✔ High clarity without plasticizers—ideal for extrusion Versaflex™ HC 3810 Series Translucent 20–90 0.88 16 54 - ✔ - - - ✔ - Formulated without animal derivatives, excellent colorability—ideal for seals and labware Versaflex™ G2705 N Translucent 60 0.89 20 - ✔ ✔ ✔ - PP ✔ ✔ High resiliance, low compression set, and good puncture sealing Versalloy™ HC 9220-70 Natural 70 0.95 17 51 - ✔ - - PP ✔ ✔ High temperature resistance Versalloy™ HC 9210 Series Natural 55 & 70 0.89 20 44 - - ✔ - - ✔ - Formulated without animal derivatives— ideal for injection molding long thin flow paths, smooth surface aesthetics Versaflex™ CL2242 Clear 43 0.89 23 - ✔ ✔ ✔ - - ✔ - High clarity maintained after boiling cleaning processes Versaflex™ CL2250 Clear 50 0.89 20 - ✔ ✔ ✔ - - ✔ - High clarity maintained after boiling cleaning processes FEATURED TPES FOR HEALTHCARE APPLICATIONS H EALTH CARE GENERAL PROPERTIES REGULATORY BONDING PROCESS FEATURES Appearance Hardness Specific Gravity Weatherability* VOC FOG Odor** UL 94 Suitable Substrates Injection Extrusion ASTM Shore A ASTM (D792) Internal QUV 1000hrs (Delta E) VDA 278 μg/g (ppm) VDA 278 μg/g (ppm) Recycled Content Series reSound™ REC OF 7310-80 Black/ Natural (Gray) 80 0.90 0.35 75 379 3 (VDA 270) - PP ✔ 35% PCR/PIR content (food packaging)— ideal for automotive interior applications reSound™ REC OF 7310-90 Black/ Natural (Gray) 90 0.91 0.11 160 557 3 (VDA 270) - PP ✔ 45% PCR/PIR content (food packaging)— ideal for automotive interior applications General Purpose Series OnFlex™ G7705 B Black 42 1.20 - - - - - PP ✔ ✔ Easy processing for a wide variety of applications OnFlex™ G7705 N Natural 44 1.18 - - - - - PP ✔ ✔ Easy processing for a wide variety of applications OnFlex™ G7720 B Black 57 1.16 0.55 - - - HB PP ✔ ✔ Easy processing for a wide variety of applications OnFlex™ G7720 N Natural 55 1.17 3.72 - - - HB PP ✔ ✔ Easy processing for a wide variety of applications OnFlex™ G7820 N Natural 92 1.14 - - - - - PP ✔ ✔ Easy processing for a wide variety of applications Automotive Fasteners & Interior Components OnFlex™ AF 7210 Series Natural 40–90 1.00 - - - - - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 40 1.00 0.49 113 845 2 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 50 1.00 0.42 51 762 2 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 60 1.00 0.21 112 1740 1 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 70 0.99 0.22 105 1976 3 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 80 1.00 0.32 74 4459 3 (SAE J1351, Dry) - PP ✔ - Low odor and good UV resistance OnFlex™ AF 7210 Black 90 1.00 - - - - - PP ✔ - Low odor and good UV resistance HVAC & Interior Components OnFlex™ LO 7120-45N Natural 45 1.15 3.21 41 521 2 (SAE J1351, Dry) - PP ✔ - Significant reductions in VOCs and fogging compared to traditional TPE technologies GLS™ TPEs with Antimicrobial Technologies OnFlex™ LO 7120-45B AM Black 45 1.13 0.52 - - - - PP ✔ - Imbedded antimicrobial technology FEATURED TPES FOR TRANSPORTATION APPLICATIONS TRANSPO RTATIO N * Values were taken on 3mm plaques following 1000hrs of continious exposure to UVA-340 ** Samples were conditioned at 23C at 35% RH for 24 hrs.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Gabelli%2520%2526%2520Co%2520Specialty%2520Chemicals%2520Conference.pdf
The New PolyOne: A Specialty Growth Company Segment Highlights 16POLYONE CORPORATION 1.7% 4.6% 5.1% 5.5% 7.2% 8.1% 9.7% 12.2% 14.7% 16.7% 16.0% 20%+ 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020 2017 Revenue: $0.9 Billion Key End Markets (% of revenue) United States 46% Europe 31% Asia 15% Latin America 4% South America 2% Canada 2% Platinum Vision Packaging (27%) Industrial (14%) Wire & Cable (10%) Textiles (12%) Transportation (8%) 15.5% Operating Income % of Sales Color, Additives & Inks At a Glance 17POLYONE CORPORATION 1.1% 1.3% 3.4% 5.1% 9.6% 8.0% 8.6% 9.3% 12.1% 14.7% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020 Platinum Vision United States 48% Europe 28% Asia 22% Canada 2% Consumer (20%) Transportation (19%) Electrical & Electronics (15%) Wire & Cable (13%) Healthcare (11%) 12.5% 20%+ Key End Markets (% of revenue) 2017 Revenue: $0.6 Billion Operating Income % of Sales 14.3% Specialty Engineered Materials At a Glance 18POLYONE CORPORATION 5.5% 6.9% 3.8% 3.6% 5.5% 4.3% 6.3% 7.2% 7.7% 8.3% 12-14% 10.7% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020 11.1% United States 77% Canada 16% Latin America 5% Asia 2% Platinum Vision Building & Construction (30%) Transportation (16%) Wire & Cable (15%) Industrial (18%) Key End Markets (% of revenue) 2017 Revenue: $0.7 Billion Operating Income % of Sales Performance Products & Solutions At a Glance 19POLYONE CORPORATION Transportation 23% Healthcare 22% Industrial 18% Consumer 15% Appliance 7% E & E 6% B & C 4% Packaging 3% W & C 2% 4% 38% 2006 2017 ROIC* 2.6% 3.0% 3.5% 4.6% 5.6% 6.4% 5.9% 6.1% 6.6% 6.5 - 7.5%6.3% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2020 *After-Tax ROIC 6.4% 2017 Revenue: $1.2 Billion Key Suppliers Operating Income % of Sales 4.0% Platinum Vision Distribution At a Glance http://www.polyone.com/Pages/VariationRoot.aspx http://www.polyone.com/Pages/VariationRoot.aspx Target End Markets & Application Examples 21POLYONE CORPORATION Thermally Conductive Technologies Chemical Resistant Technologies Polymer Colorants Elastomeric Grips and Handles Structural Composites Antimicrobial Technologies Anti-Counterfeiting Technologies Target End Markets… Healthcare Catheter Technologies 22POLYONE CORPORATION Under-hood Components Target End Markets… Automotive Interior Structural Components Sound & Vibration Management Roof Systems Air Management Electronics and Cameras Lighting Exterior / Interior Trim Braces & Brackets Fasteners Seals & Flaps 23POLYONE CORPORATION Target End Markets… Consumer Thermally Conductive Components Polymer Colorants Elastomeric Grips and Handles Structural Composite Components 24POLYONE CORPORATION Oxygen Scavenger Technologies Laser Marking Additives Antistatic Technologies UV Light Barrier Technologies Cap & Closure Colorants Process Optimization Technologies Antioxidant Technologies Density Modified Technologies Target End Markets… Packaging 25POLYONE CORPORATION 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 Luxury Packaging GravitechTM Density Modified Polymers 26POLYONE CORPORATION Optimize Color Usage OnColorTM Super Concentrates Eliminate costs by increasing pigment density Enhance color performance without altering form and formulation Increasing design capabilities by reducing weight and layer thickness 27POLYONE CORPORATION Combat Bacteria Formation WithStandTM Antimicrobial Technology Inhibit microbial growth on polymer surfaces Enhance value or products and devices Highly versatile concentrate with the ability to be incorporated into a wide variety of products 28POLYONE CORPORATION Medical Device Housings 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 29POLYONE CORPORATION 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 30POLYONE CORPORATION 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 31POLYONE CORPORATION 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 Fiber Colorants 32POLYONE CORPORATION Smart Home Devices ResilienceTM Vinyl Solutions High flame retardancy to meet strict UL standards Greater processing and design flexibility Specialized additives provide long term color stability Diffusive lens materials improve light dispersion 1 Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to PolyOne common shareholders, adjusted earnings per share (EPS) attributable to PolyOne common shareholders and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) 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.
PolyOne �Investor Presentation Slide Number 2 Slide Number 3 Slide Number 4 Slide Number 5 Slide Number 6 Slide Number 7 Slide Number 8 Slide Number 9 Slide Number 10 Slide Number 11 Slide Number 12 Slide Number 13 Slide Number 14 Slide Number 15 Slide Number 16 Slide Number 17 Slide Number 18 Slide Number 19 Slide Number 20 Slide Number 21 Slide Number 22 Slide Number 23 Slide Number 24 Slide Number 25 Slide Number 26 Slide Number 27 Slide Number 28 Slide Number 29 Slide Number 30 Slide Number 31 Slide Number 32 Investor Presentation - March 2018 r4.pdf Investor Presentation - March 2018
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Gabelli%2520%2526%2520Company%2520Specialty%2520Chemical%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.
https://www.avient.com/sites/default/files/2023-07/AVNT Q2 2023 Earnings Presentation%5B70%5D.pdf
Avient reflects 2023 adjusted EBITDA guidance of $525M and estimated run-rate CAPEX of $110M. 2023E (%) 23 79 90 84 83 76 73 88 82 77 74 72 67 57 20 A vi en t K W R P P G F U L A V Y R P M F M C C E H X L E C L A S H H U N E M N S C L Avient Specialty Formulators Other Specialty / Chemical Companies MULTIPLE EXPANSION Source: Peer data per Bloomberg as of July 21, 2023 Note: Avient reflects 2023 adjusted EBITDA guidance of $525M and closing share price of $40.93.
Avient 2011 and 2018 valuations reflect trailing 12 months EBITDA at December 31 of the respective years. 24 EV / 2023E EBITDA Historic Multiple 6.5 8.3 10.3 14.4 13.6 13.6 12.4 9.0 20.2 18.2 11.5 10.6 9.7 9.6 8.7 8.3 A vi en t (2 01 1) A vi en t (2 01 8) A vi en t (2 02 3) R P M P P G K W R A V Y F U L E C L H X L F M C A S H S C L C E H U N E M N Avient Specialty Formulators Other Specialty / Chemical Companies SEGMENT DATA U.S. & Canada 40% EMEA 37% Asia 18% Latin America 5% 2022 PRO FORMA SEGMENT, END MARKET AND GEOGRAPHY GEOGRAPHY REVENUESEGMENT FINANCIALS Consumer 20% Packaging 24% Industrial 15% Building and Construction 10% Telecommunications 4% Energy 4% Defense 6% END MARKET REVENUE $2,355M $402M $1,300M $272M Sales EBITDA Specialty Engineered Materials Color Additives and Inks $592M$3,653M (1) Transportation 9% Healthcare 8% 26 (1) Total company sales and adjusted EBITDA of $3,653M and $592M, respectively, include intercompany sales eliminations and corporate costs 2022 REVENUE | $2 .4 B ILL ION US & Canada 34% EMEA 38% Asia 20% Latin America 8% END MARKET REGION 27 Packaging 34% Consumer 21% Healthcare 8% Industrial 15% Transportation 8% Building & Construction 11% Telecommunications 1% Energy 2% COLOR, ADDITIVES & INKS 2022 PRO FORMA REVENUE | $1 .3 B ILL ION US & Canada 52% EMEA 35% Asia 13% 28 Packaging 5% Consumer 19% Healthcare 8%Industrial 16% Transportation 10% Telecommunications 10% Energy 9% Defense 15% Building & Construction 8% END MARKET REGION SPECIALTY ENGINEERED MATERIALS Packaging 32% Consumer 27% Healthcare 8% Industrial 14% Building & Construction 5% Telecommunications 3% Energy 1% Defense 1% Asia (18% of sales) Transportation 9% 2022 PROFORMA AVIENT REGIONAL SALES Packaging 27% Consumer 14% Healthcare 5% Industrial 17% Building & Construction 10% Energy 5% Defense 8% EMEA (37% of sales)Transportation 11% Packaging 13% Consumer 24% Healthcare 12% Industrial 15% Building & Construction 13% Energy 5% Defense 5% US & Canada (40% of sales) Transportation 7% Packaging 56% Consumer 23% Healthcare 4% Industrial 7% Building & Construction 4% Telecommunications 1% LATAM (5% of sales) Transportation 5% Telecommunications 3% Telecommunications 6% 29 BY END MARKET Reconciliation of Non-GAAP Financial Measures (Unaudited) (Dollars in millions, except for per share data) Senior management uses comparisons of adjusted net income from continuing operations attributable to Avient shareholders and diluted adjusted earnings per share (EPS) from continuing operations attributable to Avient shareholders, excluding special items, to assess performance and facilitate comparability of results.
https://www.avient.com/sites/default/files/2024-06/SEM Asia Product Selection Guide.pdf
INPUTS • Base resins • Additives • Modifiers • Colorants EXPERTISE Formulation expertise in polymer materials, services and solutions VALUE • OEMs • Brand owners • Processors • Assemblers WHAT WE DO ENGINEERED POLYMERS Stat-Tech™ Electrically conductive & EMI/RFI shielding LubriOne™ Internally lubricated Edgetek™ High strength & high temperature performance Edgetek™ Dk/Df series 3D-MID (Molded Interconnect Device) with LDS process Preperm™ Low loss dielectric thermoplastics Maxxam™ Polyolefin-based Bergadur™ Polyester-based Bergamid™ Polyamide-based Gravi-Tech™ Metal replacement, density modified Therma-Tech™ Thermally conductive OnForce™ & Complēt™ Long fiber reinforced Trilliant™ HC Healthcare Thermoplastics Chemically resistant & compliant with regulatory requirements Sustainable Engineered Material Solutions Bio-based polyamide solutions & recycled solutions THERMOPLASTIC ELASTOMER (TPE) Soft-Touch & Easy Processed TPEs Good tactile qualities and ergonomics Low Voc/Fog/Odor TPEs Reduced volatile organic compounds (VOCs) and fogging Specialty Nylon Overmolding TPEs Overmolded onto various nylon substrates to enhance performance and ergonomics Sustainable Content TPEs Based on renewable resources rather than petroleum Chemically Resistant TPEs Long life and excellent chemical resistance Vibration Damping TPEs Dampen vibrations via energy transfer Healthcare TPEs Compliant with regulatory requirements Food Grade TPEs Suitable for use in contact with food ELECTRICALLY CONDUCTIVE FORMULATIONS Stat-Tech™ Static Dissipative & Electrically Conductive Formulations Reinforced short fiber and long fiber conductive polymer formulations with a surface resistivity range of 100 to 1012 ohm/sq • Reduces weight, improves design freedom and allows for consolidation of parts • Protection from static buildup to minimize sparks from damaging nearby electrical components • Prevents interference from electromagnetic and radio frequency (EMI/RFI) in critical electronic components • Reduces attraction of powder and fine particles MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL NN-10CF/000 BK001 PA66 CF 10 PA66+CF Black HB/3.2mm N A70 C20 BK007 PA66 CF 20 PA66+CF Black HB/3.2mm N NN-30CF/000 BK006 PA66 CF 30 PA66+CF Black HB/3.2mm N NN-40CF/000 FRV0 NATURAL PA66 CF 40 PA66+CF FR Natural V-1/0.75mm,V-0/3mm Y NN-40CF/000 NHFR V0 NATURAL PA66 CF 40 PA66+CF NHFR Natural V-0/0.75mm,V-0,5VA/3mm Y ST6000-8009 RS BLACK PA6 CF 20 PA6+CF Black HB/3.2mm N ST6000-8028 ESD BK001 PA6 CF 30 PA6+CF Black HB/3.2mm N NY-40CF/000 BLACK PA6 CF 40 PA6+CF Black HB/3.2mm N ST3200-8118 ESD BK001 PC CB 15 PC+CB Black HB/3.2mm N PC-30CF/000 BK701 PC CF 30 PC+CF Black HB/1.6mm N PC-10CF/000 NH FR BK033 PC CF 10 PC+CF NH FR Black V-0/3.2mm Y PC-15CF-15GF/000 NH FR V0 BLACK PC CF+GF 15 PC+CF+GF NHFR Black V-1/1.5mm; V-0/3.0mm Y AS-10CF/000 BK001 ABS CF 10 ABS+CF Black HB/1.6mm N AS-20CF/000 BK001 ABS CF 20 ABS+CF Black HB/3.2mm N AS-10CF/000 FR BK004 ABS CF 10 ABS+CF FR Black V-0/1.6mm N ST9600-8007 ESD BK001 LCP CF/Mineral 30/15 LCP+CF+Mineral Black V-0/0.4mm N PK-30CF/000 BK PEEK CF 30 PEEK+CF Black V-0/0.8mm N ST9800-8048 CR ESD BK001 PEEK CNT — PEEK+CNT Black HB/3.2mm N AT-11CB/000 BLACK POM CB 11 POM+CB Black HB/3.2mm N AT-10CF/000 BLACK POM CF 10 POM+CF Black HB/1.6mm N ST5200-8035 ESD BK001 PP CB 15 PP+CB Black HB/1.5mm,HB/3mm Y ST7400-8016 ESD BK006 PS CB 15 HIPS+CB Carrier Tape Black HB/3.2mm N NJ-30CF/000 BK001 PA12 CF 30 PA12+CF Black HB/3.2mm N INTERNALLY LUBRICATED SOLUTIONS LubriOne™ Internally Lubricated Formulations Self-lubricating material with low coefficient of friction and improved wear-resistance • Improves product durability • Reduces friction, heat buildup and vibration • Improved process ability • Excellent property retention and reduced maintenance over time MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL NN-30CF/15T BK005 PA66 CF 30 PA66+CF+PTFE Black HB/1.6mm N NN-30GF/15T NC059 PA66 GF 30 PA66+GF+PTFE Natural HB/1.6mm N NN-30GF/13T-2S BLACK PA66 GF 30 PA66+GF+PTFE+Si Black HB/1.6mm N NN-000/20T BK011 PA66 — — PA66+PTFE Black HB/3.2mm N PC-000/05T BLACK PC — — PC+PTFE Black HB/1.6mm Y PC-15CF/10T-2S BLK PC CF 15 PC+CF+PTFE+Si Black HB/1.6mm Y PC-10GF/10T NC048 PC GF 10 PC+GF+PTFE Natural HB/3.2mm N PC-20GF/15T FR BLK PC GF 20 PC+GF+PTFE FR Black V-0/1.5mm Y PC-20GF/15T-2S BLK008 PC GF 20 PC+GF+PTFE+Si Black HB/1.6mm N AT-10CF/5T BLACK POM CF 10 POM+CF+PTFE Black HB/1.6mm Y AT-000/05T NATURAL POM — — POM+PTFE Natural HB/1.6mm N AT-000/15T BLACK POM — — POM+PTFE Black HB/1.6mm Y AT-000/18T-2S BLK POM — — POM+PTFE+Si Black HB/1.6mm Y AT-30GF/15T BLACK POM GF/PTFE 30/15 POM+GF+PTFE Black HB/3.2mm Y MP-20CF/15T BLK PPO CF 20 MPPO+CF+PTFE Black HB/1.6mm Y MP-20GF/15T BLK PPO GF 20 MPPO+GF+PTFE Black HB/1.6mm Y SF-30CF/15T BLACK PPS CF 30 PPS+CF+PTFE Black V-1/0.75mm; V-0/3.0mm Y SF-30GF/15T BK006 PPS GF 30 PPS+GF+PTFE Black V-0/1.6mm N AS-000/15T BK002 ROHS ABS — — ABS+PTFE Black HB/1.6mm N LB9800-8001 AR BLACK PEEK CF+ Graphite +PTFE 30 PEEK+CF+PTFE+Graphite Black V-0/0.8mm N MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL PK-000/000 Natural PEEK — 0 PEEK Unfilled Natural V-0/0.75mm N PK-30GF/000 BK PEEK GF 30 PEEK+GF Black V-0/1.6mm N PA-50GF/000 BK004 PPA GF 50 PPA+GF Black HB/1.6mm N PPA-40GF/000 FRV0 Black PPA GF 40 PPA+GF Black HB/1.6mm N SF-10GF/000 RS BK PPS GF 10 PPS+GF Black V-0/0.75mm N SF-15GF/000 RS BK001 PPS GF 15 PPS+GF Black V-0/0.75mm Y SF-20GF/000 RS BK PPS GF 20 PPS+GF Black V-0/0.75mm Y SF-30GF/000 BK003 PPS GF 30 PPS+GF Black V-0/0.75mm Y SF-40GF/000 BLACK PPS GF 40 PPS+GF Black V-0/0.75mm Y SF-65GM/000 RS NC PPS GF/Mineral 65 PPS+GF+Mineral Natural V-0/1.6mm N HIGH STRENGTH & TEMPERATURE PERFORMANCE Edgetek™ Engineered Polymer Formulations Structurally Reinforced Materials • Improve strength, stiffness, and dimensional stability High Temperature Formulations • Retain physical properties and dimensional stability at elevated temperatures • Based on amorphous and semi-crystalline resins High Temperature Formulations High Strength Formulations MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL AS-000/000 BK079 ABS — 0 ABS Unfilled Black HB/1.6mm N AS-10GF/000 BLACK ABS GF 10 ABS+GF Black HB/1.5mm Y AS-20GF/000 BLACK ABS GF 20 ABS+GF Black HB/1.5mm Y AS-000/000 FR BK521 ABS — 0 ABS Unfilled, FR Black V-0/1.6mm N PC-10GF/000 BLACK PC GF 10 PC+GF Black HB/3.2mm Y PC-20GF/000 FR BK PC GF 20 PC+GF Black V-0/3mm,V-2/1.5mm Y PC-30GF/000 BLACK PC GF 30 PC+GF Black V-1/3.0mm Y PC-5GF/000 FR BK003 PC GF 5 PC+GF, FR Black V-0/3.2mm Y PC-10GF/000 FR V0 BLACK PC GF 10 PC+GF, FR Black V-1/1.5mm; V-0/3.0mm Y PC-30GF/000 FR V0 BK007 PC GF 30 PC+GF, FR Black V-2/0.75mm; V-0/1.5mm Y PC-40GF/000 FR V0 BK PC GF 40 PC+GF, FR Black V-1/1.5mm; V-0/3.0mm Y PC-10GF/000 NHFR NC701 PC GF 10 PC+GF, NHFR Natural V-0/1.5mm N PC-20GF/000 NH FRV0 BLK PC GF 20 PC+GF, NHFR Black V-1/1.0mm; V-0/1.5mm Y PC-30GF/000 NH FR 5VA NATURAL PC GF 30 PC+GF, NHFR Black V-0, 5VA/6.0mm Y ET3200-8001 LG PC — 0 PC Unfilled, Light Diffusion Natural HB/1.6mm N C310 BK111 POM — 0 POM Unfilled Black HB/1.6mm N AT-10GF/000 BLACK POM GF 10 POM+GF Black HB/1.6mm N AT-20GF/000 BLACK POM GF 20 POM+GF Black HB/1.6mm N AT-30GF/000 NC005 S-ROHS POM GF 30 POM+GF Natural HB/1.6mm N AT-000/000 HI BK066 POM — 0 POM Unfilled, Impact Black HB/1.6mm N MP-20GF/000 BLK PPO GF 20 MPPO+GF Black HB/1.6mm Y MP-30GF/000 BLACK PPO GF 30 MPPO+GF Black HB/1.6mm Y NL-20GF/000 BK002 PA612 GF 20 PA612+GF Black HB/1.6mm N NI-30GF/000 BK002 PA610 GF 30 PA610+GF Black HB/1.6mm N CY1000 BK193 PCABS — 0 PC/ABS Unfilled Black HB/1.6mm N CY1000-20GF/000 BK005 PCABS GF 20 PC/ABS+GF Black HB/1.6mm N CY4000 BK006 PCPBT — 0 PC/PBT Black HB/1.0mm Y CY8000 BK003 PBTASA GF 30 PBT/ASA+GF Black HB/3.2mm N CY8000-20GF/000 NC003 PBTASA GF 20 PTB/ASA+GF Natural HB/3.2mm N Dk/Df SERIES Edgetek™ Formulations for 5G • Faster design qualification and shorter lead times • Customizable for Dk and Df values • Accelerated speed to market • Design flexibility • High heat resistance • Compatible with SMT MATERIAL DESCRIPTION BASE RESIN Dk (1 GHz) Df OTHER FEATURES ET7600-8027 RS NC001 PPE 3.00 0.0012 — ET7600-8025 RS NC001 PPE 3.10 0.0012 — ET7600-8037 RS NC001 PPE 3.35 0.0008 — ET7600-8019 RS NC001 PPE 3.60 0.0012 — ET7600-8028 RS NC001 PPE 3.80 0.0012 — ET7600-8026 RS NC001 PPE 4.40 0.0012 — ET7600-8044 RS NC001 PPE 4.80 0.0012 — ET7600-8029 RS NC001 PPE 5.30 0.0007 — ET7600-8041 RS NC001 PPE 5.50 0.0009 — ET7600-8048 RS NC001 PPE 6.00 0.0006 — ET7600-8036 RS NC001 PPE 7.00 0.0005 — ET7600-8056 RS NC001 PPE 7.00 0.0010 — ET7600-8031 RS NC001 PPE 9.00 0.0009 — ET7600-8053 RS NC001 PPE 9.00 0.0009 High flow ET7600-8064 RS NC001 PPE 10.00 0.0012 — ET7600-8051 RS NC001 PPE 12.00 0.0009 — ET7600-8074 RS NC001 PPE 12.00 0.0013 — ET7600-8057 RS NC001 PPE 18.50 0.0011 — ET9600-8026 RS BK001 LCP 2.90 0.005 — ET9600-8029 RS BK001 LCP 3.30 0.005 — ET9600-8030 RS BK001 LCP 3.50 0.005 — ET9600-8017 RS NC001 LCP 5.50 0.005 — 3D-MID (MOLDED INTERCONNECT DEVICE) WITH LDS PROCESS Edgetek™ 3D/LDS Solutions • Can increase design flexibility especially for circuit design, 3D antenna design, and complex shapes • Can be customized to specific Dk values and delivered within weeks • Effective for circuit designs constrained by a limited space • Can be customized to resist heat, with deflection temperatures ranging from 200°C to 278°C MATERIAL DESCRIPTION BASE RESIN Dk (1 GHz) Df WELDING CAPABILITY OTHER FEATURES ET9600-8010 LDS BK001 LCP 4.00 0.006 280+°C — ET9600-8015 LDS BK001 LCP 3.90 0.004 280+°C — ET9600-8018 LDS BK001 LCP 3.44 0.004 280+°C — ET9600-8022 LDS BK001 LCP 3.06 0.004 280+°C — ET7600-8047 LDS NC001 PPE 2.60 0.002 No (SMT) — ET7600-8052 LDS NC001 PPE 4.50 0.004 No (SMT) — ET7600-8040 LDS RS NC001 PPE 6.00 0.002 No (SMT) — ET7600-8043 LDS RS NC001 PPE 9.00 0.004 No (SMT) — ET3200-8205 LDS NHFR BK001 PC 2.84 0.006 No (SMT) Halogen free FR V0, High impact ET3200-8285 LDS BK001 PC 2.82 0.005 No (SMT) High impact ET3200-8207 LDS BK001 PC 2.84 0.007 No (SMT) High impact ET3200-8198 RS LDS BK001 PC 3.10 0.007 No (SMT) GF reinforced ET9200-8050 RS LDS NC001 PPS 4.00 0.003 No (SMT) GF reinforced LOW LOSS DIELECTRIC THERMOPLASTICS PREPERM™ Low Loss Thermoplastics Filled polymer that uniformly dissipates heat (not insulative) • Consistent and efficient antenna performance • Replacement for ceramic materials • Good temperature and humidity resistance • Greater design freedom and processing efficiencies • Good colorability • Customizable formulations available MATERIAL DESCRIPTION BASE RESIN Dk 2.5GHz) Df OTHER FEATURES RS260 PPE 2.58 0.0009 — RS260HI PPE 2.58 0.0010 Impact modified PPE260 PPE 2.60 0.0005 — RB260 PPE 2.61 0.0012 Black RS265FR PPE 2.65 0.0032 FR V0@1.5mm PPE300 PPE 3.00 0.0009 — PPE320 PPE 3.20 0.0010 — PPE350 PPE 3.50 0.0009 — PPE350A PPE 3.50 0.0010 Improved metallization, improved adhesion PP7600-8038 NHFR RS BK001 PPE 3.80 0.0010 NHFR V0 PPE400 PPE 4.00 0.0009 — PPE400FR PPE 4.00 0.0030 FR V0@1.5mm PPE440 PPE 4.40 0.0009 — PPE500 PPE 5.00 0.0009 — PPE500COL PPE 5.00 0.0010 Purple PPE650 PPE 6.50 0.0009 — PPE800 PPE 8.00 0.0009 — PPE950 PPE 9.50 0.0010 — PPE1200 PPE 12.00 0.0010 — H1500HF PPE 15.00 0.0010 — LCP580 LCP 5.80 0.0047 — PP9200-8038 RS BK001 PPS 3.85 0.0030 — PP9200-8080 RS Natural PPS 4.00 0.0025 — POLYOLEFIN- BASED SOLUTIONS Maxxam™ Polyolefin Formulations • Custom colors & laser-markable formulations to differentiate end products • Food-contact compliant grades to mitigate risk and shorten approval processes • Customized performance characteristics depending on application needs • Good stiffness, durability, impact resistance and UV stability • Can be formulated for injection molding, extrusion or blow molding processes • Applicable to the transportation, industrial, consumer, electrical and electronic, and building and construction industries Maxxam™ Polyolefin Formulations MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL OTHER FEATURES TH-218.G001-1277 PP — — PP Unfilled Natural HB/1.6mm N — PP10 BK008 PP GF 30 PP+GF Black HB/1.6mm N — PPR 40G BK701 PP GF 40 PP+GF Black HB/1.6mm N — NM-818.H001-8046 PP GF 20 PP+GF, HS Black HB/1.6mm Y Chemically Coupled GV-819.G001-8065 PP GF 30 PP+GF, Impact Black HB/1.6mm Y — PP-40GF/000 Black PP GF 40 PP+GF, Impact Black HB/1.5mm Y — PP5940 B131C PP GF/Mineral 25/15 PP+GF+Mineral Black — N — Maxxam F5134T2-4 PP Talc 20 PP+Mineral, HS Black — N High Heat Resistance, High Stiffness PP6 BK067 N (RoHS) PP Mineral 20 PP+Mineral, Impact Natural HB/1.6mm N PP8 BK027-AF PP Mineral 40 PP+Mineral, Anti-fogging Black HB/1.6mm N High Heat Resistance, Low Fogging Maxxam™ FR Flame Retardant Polyolefin Formulations MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL OTHER FEATURES PP 301 BLK 1284- 11 S PP — — PP Unfilled, FR Black V-0/0.75mm Y — QD-813.Y001-1000 RoHS PP GF 30 PP+GF, FR Natural V-0/1.5mm 5VA/2.0mm Y — QD-813.Y001-1001 (F1) PP GF 30 PP+GF, FR Natural V-0/1.6mm N F1 Compliance QD-813.Y003-1720 PP GF 30 PP+GF, FR Natural V-0/1.5mm Y — NR-418.Y001-8147 PP Talc 20 PP+Mineral, FR Black V-0/1.6mm N — PP FR 8-6A Natural- RoHS PP Talc 15 PP+Mineral, FR, Impact Natural V-0/0.75mm 5VA/3.0mm Y — POLYESTER-BASED SOLUTIONS Bergadur™ Polyester Formulations Specialty solutions based on polyester and polyester blends • Custom formulations to address specific requirements, such as pre-colored compounds and reinforced solutions • Provides excellent dimensional stability that addresses high end applications • Flame retardant grades include UL-listed and non-halogen solutions MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL OTHER FEATURES PB40 BK029 PBT — 0 PBT Unfilled Black HB/1.6mm N — PBT-GL10 BK008 PBT GF 10 PBT+GF Black HB/1.6mm N — PBT-GL20 BK004 PBT GF 20 PBT+GF Black HB/1.6mm N — PBT-GL30 BK007 PBT GF 30 PBT+GF Black HB/1.6mm N — BR3300-8079 RS LW BK001 PBT GF 30 PBT+GF Black HB/1.6mm N Laser Weldable PB40 G50 BK003 PBT GF 50 PBT+GF Black HB/1.6mm N — BR3300-8065 RS BK001 PBT GF/GB 35 PBT+GF+GB Black HB/1.6mm N — PB40 G/K40 BK016 PBT GF/GB 40 PBT+GF+GB, HS Black HB/1.6mm N — PB40 IM BK041 PBT — 0 PBT Unfilled, Impact Black HB/1.6mm N — PBT-GL10 EM BK008 PBT GF 10 PBT+GF, Impact Black HB/1.6mm N — PB40 G20 BK009 PBT GF 20 PBT+GF, Impact Black HB/1.6mm N — PB40 GB20 TM-X NC044 PBT GB 20 PBT+GF, Impact Natural HB/1.6mm N — PB40 GK30 BK002 PBT GB 30 PBT+GF, Impact Black HB/1.6mm N — PB40 G20 U NC015 PBT GF 20 PBT+GF, FR Natural V-0/1.6mm N Chemical Resistant PB400 G30 UF UV NC063 PBT GF 30 PBT+GF, NHFR, UV Natural V-0/0.8mm Y — PB400 G/C 30 U BK075 PBT CF+GF 10/20 PBT+CF+GF, FR Black V-0/1.6mm N ESD Protection POLYAMIDE SOLUTIONS Bergamid™ Polymer Formulations Specialty solutions based on nylon (PA6, PA66 and PA66/6) • Standard grades meet a wide variety of performance needs • Solutions available that address key market needs, such as warpage reduction, increased tensile strength and improved aesthetics • Flame retardant grades in portfolio including non-halogen solutions PA6 Formulations MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL B700 BK731 PA6 — — PA6 Unfilled Black V2 Y B70 TM-Y BK138 PA6 — — PA6 Unfilled, Impact Black HB/1.6mm N B700 UF NC108 PA6 — — PA6 Unfilled, NHFR Natural V-0/0.40mm Y B70 G15 black PA6 GF 15 PA6+GF Black HB/1.6mm N B70 G25 BK017S PA6 GF 25 PA6+GF Black HB/1.6mm Y B70 G30 BK PA6 GF 30 PA6+GF Black HB/1.6mm N B70 G50 SCHWARZ PA6 GF 50 PA6+GF Black HB/3.2mm N B700 G15 H BK041 PA6 GF 15 PA6+GF, HS Black HB/1.6mm Y GF600 A20 HS BK053 PA6 GF 20 PA6+GF, HS Black HB/1.6mm N B700 G30 H BLACK PA6 GF 30 PA6+GF, HS Black HB/0.70mm Y B70 G30 TM-Y NC121 PA6 GF 30 PA6+GF, Impact Natural HB/1.6mm Y B70 G35 NC035 PA6 GF 35 PA6+GF, HS Natural HB/1.6mm Y B70 G40 H BK039 PA6 GF 40 PA6+GF, HS Black HB/1.6mm Y B70 G40 H NC046 PA6 GF 40 PA6+GF, HS Natural HB/1.6mm Y B70 G40 H UV BK043 PA6 GF 40 PA6+GF, HS, UV Black HB/1.6mm Y B70 G40 TM-X BK023 PA6 GF 40 PA6+GF, Impact Black HB/1.6mm Y B70 G45 NC042 PA6 GF 45 PA6+GF, HS Natural HB/1.6mm Y B70 G50 BK055 PA6 GF 50 PA6+GF, HS Black HB/1.6mm Y B70 G50 H NC057 PA6 GF 50 PA6+GF, HS Natural HB/1.6mm Y B70 G60 H BK063 PA6 GF 60 PA6+GF, HS Black HB/1.6mm N B70 G15 TM-Z BLACK PA6 GF 15 PA6+GF, Impact Black HB/1.6mm N B700 G35 BLACK TM-Y PA6 GF 35 PA6+GF, Impact Black HB/1.6mm N B70 G15 UV NC705 PA6 GF 15 PA6+GF, UV Natural HB/1.6mm N B70 G15 U-SO BK060 PA6 GF 15 PA6+GF, FR Black V-0/3.2mm N B700 G20 H UF GREY PA6 GF 20 PA6+GF, HS, NHFR Grey V-0/1.6mm Y B70 G/GK30 BK178 PA6 GF/GB 30 PA6+GF+GB Black HB/1.6mm N B70 GK15 BK012 PA6 GB 15 PA6+GB Black HB/1.6mm N B70 GK25 BK021 PA6 GB 25 PA6+GB Black HB/1.6mm N B70 GK30 BK186 ROHS(NEW) PA6 GB 30 PA6+GB Black HB/1.6mm N B70 MI40 NC004 PA6 Mineral 40 PA6+Mineral Natural HB/1.6mm N GMF600 40 BK035 PA6 GF/Mineral 40 PA6+GF+Mineral Black HB/1.6mm N GMF 604 40 UV BLACK148 PA6 GF/Mineral 40 PA6+GF+Mineral, UV Black HB/1.6mm N PA6 G/MI20 FR black PA6 GF/Mineral 20 PA6+GF+Mineral, FR Black V-2/1.6mm N B70 GK5 MI25 BK705 PA6 GB/Mineral 30 PA6+GB+Mineral Black HB/1.6mm N PA66 Formulations MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY UL OTHER FEATURES A70 BK115 PA66 0 PA66 Unfilled Black V-2/1.6mm N — BG6600-8132 LW BK001 PA66 0 PA66 Unfilled Black HB/1.6mm N Laser weldable A70 TM-Z BK705 PA66 0 PA66 Unfilled, Impact Black HB/1.6mm N — A70 GK30 H NC132 PA66 GB 30 PA66+GB Natural HB/1.6mm N — A70 GK30 H NATURAL PA66 GB 30 PA66+GB, HS Natural HB/1.6mm N — A70 G10 H BK032 PA66 GF 10 PA66+GF Black HB/1.6mm N — A70 G15 H BK013 PA66 GF 15 PA66+GF Black HB/1.6mm N — A70 G20 H BK014 PA66 GF 20 PA66+GF Black HB/1.6mm N — A70 G25 H BK709 PA66 GF 25 PA66+GF Black HB/1.6mm N — BG6600-8118 RS LW BK001 PA66 GF 30 PA66+GF Black HB/1.6mm N Laser Weldable A70 G30 H BK094 PA66 GF 30 PA66+GF Black HB/1.6mm N — A70 G33 H NC285 PA66 GF 33 PA66+GF Natural HB/1.6mm N — A70 G35 H BK047 PA66 GF 35 PA66+GF Black HB/1.6mm N — A70 G40 BK018 PA66 GF 40 PA66+GF Black HB/1.6mm N — A70 G50 H BK028 PA66 GF 50 PA66+GF Black HB/1.6mm N — A70 G15 TM-Z BK098 PA66 GF 15 PA66+GF, Impact Black HB/1.6mm N — A70 G15 HW black TM-Z PA66 GF 15 PA66+GF HS, Impact Black HB/1.6mm N — A70 G20 H TM-X BK708 PA66 GF 20 PA66+GF, Impact Black HB/1.6mm N — A70 G30 TM-Y NC144 PA66 GF 30 PA66+GF, Impact Natural HB/1.6mm N — A70 G33 TM-X NC281 PA66 GF 33 PA66+GF, Impact Natural HB/1.6mm N — A70 G50 TM-X NC029 PA66 GF 50 PA66+GF, Impact Natural HB/1.6mm N — A700 G15 H W UF NC059 PA66 GF 15 PA66+GF, NHFR Natural V-0/0.40mm Y — A700 G20 H WUF BK702 PA66 GF 20 PA66+GF, NHFR Black V-0/1.6mm Y — A700 G25 H WUF BK039 PA66 GF 25 PA66+GF, NHFR Black V-0/0.40mm Y — NN-30GF/000 FR V0 BLACK PA66 GF 30 PA66+GF, NHFR Black V-0/1.5mm Y — A70 G35 UF Black SO PA66 GF 35 PA66+GF, NHFR Black V-0/0.80mm Y — A700 G25 U NC047 PA66 GF 25 PA66+GF, FR Natural V-0/1.6mm Y — A700 G15 U-S0 BK035 PA66 GF 15 PA66+GF, FR Black V-0/3.0mm V-0/1.6mm Y (3mm) N (1.6mm) — A700 G25 U-S0 BK017 PA66 GF 25 PA66+GF, FR Black V-0/3.0mm Y — A700 G30 U-S0 BK064 PA66 GF 30 PA66+GF, FR Black V-0/3.0mm N — A70 G30 UV BK207 PA66 GF 30 PA66+GF, UV Black HB/1.6mm N — A70 G25 MI15 LS BK PA66 GF/Mineral 40 PA66+GF+Mineral, HS Black HB/1.6mm N Laser Markable METAL REPLACEMENT, DENSITY-MODIFIED SOLUTIONS Gravi-Tech™ Density-Modified Formulations Customizable, high-density polymer composite that can replace die-cast or machined metal, such as aluminum or lead, for a variety of application requirements and densities • Improved design freedom which can lead to part consolidation and subsequent cost savings in production • Material heft which imparts a sense of quality and luxury to improve end user experience • Easier to process than traditional metals • Provides the touch and feel experience typical of metal MATERIAL DESCRIPTION BASE RESIN FILLER COMPOSITION COLOR GT6000-8029 GRV NC001 PA6 Metal PA6+Metal Natural GT6000-8028 GRV NC001 PA6 Metal PA6+Metal Natural GT7300-8054 GRV NC001 ABS Mineral ABS+Mineral Natural GT7300-8050 GRV NC001 ABS Metal ABS+Mineral Natural GT7300-8062 GRV Grey VN8909CF ABS Metal ABS+Metal Grey GT5200-8024 GRV NC001 PP Metal PP+Mineral Natural GT5200-8025 GRV NC001 PP Mineral PP+Mineral Natural GT5200-8010 GRV NC001 PP Mineral PP+Mineral Natural GT3300-8001 GRV WT001 PBT Mineral PBT+Mineral White GT3300-8002 GRV GY001 PBT Metal PBT+Metal Grey GT9200-8002 GRV BK001 PPS Metal PPS+Metal Black THERMALLY CONDUCTIVE SOLUTIONS Therma-Tech™ Thermally Conductive Formulations Filled polymer that uniformly dissipates heat (not insulative) • Facilitates light weighting and increased electrification, leading to lower fuel consumption and CO2 emissions • Lowers cost versus cast or machined components • Reduces assembly costs due to part consolidation • Extends product life via effective thermal management MATERIAL DESCRIPTION BASE RESIN COLOR FLAMMABILITY OTHER FEATURES TT6000-8713 EI NHFR PA Natural V-0/1.6mm TC 1.1 EI TT6000-8711 EI NHFR WHITE PA White V-0/1.6mm TC 1.0-2.0 EI TT6600-5001-8 EC GREY PA Grey — TC 19-21 EC TT9200-8705 EI BLACK PPS Black V-0 TC 2.0 EI TT9200-8706 EC Black PPS Black V-0 TC 14-15 EC TT9200-8707 EC Black PPS Black V-0 TC 15-20 EC TT9200-8708 EC Black PPS Black V-0 TC 14-15 EC TT3300-8701 EI FR BK PBT Black V-0/1.6mm TC 0.9-2.0 EI TT9200-8012 EC BK001 PPS Black — TC 6-10 EC TT9200-8015 EC BK001 PPS Black — TC 10-14 EC LONG FIBER REINFORCED SOLUTIONS OnForce™ Long Glass Fiber Reinforced Polypropylene Composites & Complēt™ Long Fiber Reinforced Structural Thermoplastics Thermoplastics reinforced with long carbon, glass or specialty fibers • High strength-to-weight ratio enables metal replacement to achieve weight reduction • Consolidates parts to simplify manufacturing • Uses less energy for transport (due to weight reduction) • Allows designers to integrate fasteners and other features MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR OnForce™ LFT PP-30LGF/001 NATURAL PP LGF 30 PP+LGF Natural OnForce™ LFT PP-30LGF/001 BLACK UV PP LGF 30 PP+LGF Black OnForce™ LFT PP-40LGF/001 NATURAL PP LGF 40 PP+LGF Natural OnForce™ LFT PP-40LGF/001 BLACK UV PP LGF 40 PP+LGF Black OnForce™ LFT NN-30LGF/000 HS NATURAL PA66 LGF 30 PA66+LGF Natural OnForce™ LFT NN-30LGF/000 HS UV BLACK PA66 LGF 30 PA66+LGF Black OnForce™ LFT NN-40LGF/000 HS NATURAL PA66 LGF 40 PA66+LGF Natural OnForce™ LFT NN-40LGF/000 HS UV BLACK PA66 LGF 40 PA66+LGF Black OnForce™ LFT NN-50LGF/000 HS NATURAL PA66 LGF 50 PA66+LGF Natural OnForce™ LFT NN-50LGF/000 HS UV BLACK PA66 LGF 50 PA66+LGF Black OnForce™ LFT NN-60LGF/000 HS NATURAL PA66 LGF 60 PA66+LGF Natural OnForce™ LFT NN-60LGF/000 HS UV BLACK PA66 LGF 60 PA66+LGF Black Complet™ LCF40-TPU-5 1000 GRY TPU LCF 40 — Grey Complet™ LCF15-PBT-5 3000 BLK PBT LCF 15 — Black Complet™ LCF40-PEI-5 1000GRY PEI LCF 40 — Grey Complet™ LGF50-PARA-5 NHFR 1000 NAT PARA LGF 50 — Natural Complet™ LCG40-PA66-5 1000 GRY PA66 LCF/LGF 40 — Grey HEALTHCARE THERMOPLASTICS Trilliant™ HC Healthcare Thermoplastics • Chemically resistant replacement for FR PC/ABS, FR PC/PET & FR COPE, providing UL 94 Yellow Card V-0 flame rating at 1.5 mm, V-1 at 0.75 mm thicknesses for a broad color spectrum • Outperforms PC/ABS, PC/PET and COPE in resistance to common disinfectants • Retains tensile strength after 72-hour exposure to common hospital disinfectants, and shows better long-term chemical resistance as compared to PC blends and COPE • Exhibits good impact and temperature resistance • Custom pre-color formulations support product differentiation in the healthcare industry • Applications include medical device housings, MRI, X-ray, CT scanner components, surgical instruments such as staplers, dissectors, scissors, auto-injector pens MATERIAL DESCRIPTION BASE RESIN HC2020 Copolyester HC8910/8920 Polyketone/ ABS blend HC2120 Tritan HC3120 PC HC5210 PP HC6010 PA6 HC6610 PA66 GRV-NP-110-W PA12 BIO-BASED AND RECYCLED POLYAMIDE SOLUTIONS Nymax™ Bio-based Polyamide Solutions • Achieves equivalent performance to PA66 glass fiber-filled formulations using bio-based material to reduce carbon footprint • Delivers excellent dimension stability and property retention rate after water uptake • Offers lower warpage plus excellent surface appearance and colorability compared with PA66 glass fiber-filled materials • Provides a cost-effective option to PA66 glass fiber-reinforced materials MATERIAL DESCRIPTION FILLER FILLER % COMPOSITION COLOR FEATURES BIO CONTENT % NM5600-8004 RS NC001 GF 50 PA56+GF Natural — 23 NM5600-8005 RS LWA NC001 GF 50 PA56+GF Natural Low water absorption 18 NM5600-8006 RS LWA NC001 GF 50 PA56+GF Natural Low water absorption 16 NM5600-8002 RS NC001 GF 30 PA56+GF Natural — 32 NM5600-8003 RS LWA NC001 GF 30 PA56+GF Natural Low water absorption 27 NM5600-8007 RS LWA NC001 GF 30 PA56+GF Natural Low water absorption 23 NM5600-8001 NC001 Unfilled 0 PA56 Unfilled Natural — 45 Recycled Formulations • Enhances value of end-products • Appeals to eco-conscious consumers • Offers performance comparable to virgin engineering materials • Reduces carbon emissions • PCR or PIR solutions available MATERIAL DESCRIPTION BASE RESIN FILLER FILLER % COMPOSITION COLOR FLAMMABILITY RECYCLE TYPE RECYCLE CONTENT % OTHER FEATURES ET3200-8254 C NC030 PC Unfilled 0 PCR PC Unfilled Transparent — PCR 30 — ET3200-8233 RS C BK035 PC GF 10 PCR PC + GF Black — PCR 35 — ET3200-8235 RS C BK030 PC GF 20 PCR PC + GF Black — PCR 30 — ET3200-8237 RS FR C BK025 PC GF 30 PCR PC + GF Black V0 1.5 PCR 25 FR ET3200-8234 RS C BK070 PC GF 10 PCR PC + GF Black — PCR 70 — ET3200-8236 RS C BK060 PC GF 20 PCR PC + GF Black — PCR 60 — ET3200-8238 RS FR C BK050 PC GF 30 PCR PC + GF Black V0 1.5 PCR 50 FR ET3200-8239 RS I BK035 PC GF 10 PIR PC + GF Black — PIR 35 — ET3200-8241 RS I BK030 PC GF 20 PIR PC + GF Black — PIR 30 — ET3200-8243 RS FR I BK025 PC GF 30 PIR PC + GF Black V0 1.5 PIR 25 FR ET3200-8240 RS I BK070 PC GF 10 PIR PC + GF Black — PIR 70 — ET3200-8242 RS I BK060 PC GF 20 PIR PC + GF Black — PIR 60 — ET3200-8244 RS FR I BK050 PC GF 30 PIR PC + GF Black V0 1.5 PIR 50 FR ET3200-8252 RS NHFR C BK035 PC GF 20 PCR PC + GF Black V0 0.6 PCR 35 NHFR MX5200-8151 C NC050 PP Unfilled 0 PCR PP Unfilled Natural — PCR 50 — MX5200-8175 FD C NC100 PP Unfilled 0 PCR PP Unfilled Natural — PCR 99 FDA ST6000-8028 ESD BK001 PA6 CF 30 PA6 + PIR CF Black — PIR 30 — BG6000-8129 RS IC BK100 PA6 CF 15 PIR PA6 + PIR CF Black — PIR 99 — ET7300-8118 C BK085 ABS Unfilled 0 — Black — PCR 85 — ET7300-8113 C BK070 ABS Unfilled 0 — Black — PCR 70 — BR3400-8007 RS BK075 PET GF 15 — Black — PCR 75 — BR3400-8010 RS NHFR C BK050 PET GF 33 — Black — PCR 50 NHFR BG6600-8180 HS RS I BK050 PA66 GF 30 — Black — PIR 50 — BG6000-8130 RS I BK065 PA66 GF 30 — Black — PIR 65 — MX5200-8153 RS C NC050 PP GF 30 PCR PP+ GF Natural — PCR 50 — MX5200-8186 RS C NC050 PP GF 40 PCR PP+ GF Natural — PCR 50 — SOFT-TOUCH & EASILY PROCESSED THERMOPLASTIC ELASTOMERS (TPEs) Soft-touch elastomers that create good tactile qualities and ergonomics can be used in a wide range of applications • TPEs can be overmolded onto a rigid substrate to enhance performance and ergonomics • Good weather resistance, enhanced flexibility and durability • Good sealing performance • Available in FDA-compliant and medical grades • Easily processed and colored • Applications include outdoor equipment grips, utility items and tools, sealing and gaskets, cooking utensils such as measuring cups and rolling pins, and personal hygiene products such as toothbrushes and razors MATERIAL DESCRIPTION HARDNESS COLOR OVERMOLD SUBSTRATE DENSITY (g/cm3) COMPRESSION SET/23C, 22H COMPLIANCE Dynalloy™ GP 7810 series 20–80A Translucent PP 0.87 21%(60A) FDA Dynalloy™ GP 7820 series 30–80A Natural PP 1 — FDA Dynaflex™ G7600 series 30–90A Natural/Black PP 1.18 12%(50A) FDA Versaflex™ OM 9130 30A Translucent PC/ABS 0.90 35% FDA Versaflex™ OM 9140 40A Translucent PC/ABS 0.90 35% FDA Versaflex™ OM 9150 50A Translucent PC/ABS 0.91 38% FDA Versaflex™ OM 9240 40A Clear PC/ABS 0.90 — FDA Versaflex™ OM 1040X 40A Translucent PC/ABS 0.92 22% Medical Versaflex™ OM 3060 60A Clear PC/ABS 0.9 33% Medical,UL Versaflex™ OM 1060X 60A Natural/Black PC/ABS 0.93 29% UL Versaflex™ GP 3630-45 45A Natural PC/ABS 1.05 — — Versaflex™ GP 3630-55 55A Natural/Black PC/ABS 1.05 — UL Versaflex™ OM 9-802-CL 40A Translucent POM/PC/ABS 0.92 20% UL Versaflex™ OM 9-801 47A Natural POM/PC/ABS 1.04 43% UL LOW ODOR, VOC & FOGGING TPEs Thermoplastic elastomers that reduce volatile organic compounds (VOCs) and fogging • Reduces VOCs and fogging in elastomeric materials • Externally tested to VDA 278 and VDA 270 • Does not require pre-drying or post heating to reduce VOCs • Easily colored at machine • Good UV resistance MATERIAL DESCRIPTION HARDNESS COLOR OVERMOLD SUBSTRATE DENSITY (g/cm3) APPLICATIONS VDA 270 VDA 278 (VOC) µg/g VDA 278 (FOG) µg/g DIN 75201 (FOG) mg OnFlex™ LO AF7120 45–65 A Natural/ Black PP 1.15 HVAC Systems Interior Trays ≤ 3.0 97 1131 0.3 OnFlex™ AF 7210 50–90 A Natural/ Black PP 0.99 Interior Trays Fasteners/ Clips ≤ 3.0 147 1081 1.7 OnFlex™ S EH 50–90 A Natural/ Black PP 1.2 Interior Trays ≤ 3.0 196 1707 1.8 SPECIALTY NYLON OVERMOLDING TPEs Thermoplastic elastomer formulations overmolded onto various nylon substrates to enhance performance and ergonomics • Excellent adhesion on various nylon substrates, such as PA6, PA66, PA11/12, reinforced flame retardant nylon • Easily processed and colored • Typical applications such as power tools, automotive interiors and home appliances MATERIAL DESCRIPTION HARDNESS COLOR OVERMOLD SUBSTRATE DENSITY (g/cm3) COMPRESSION SET/23C, 22H COMPLIANCE Versaflex™ OM 6240 40A Natural Nylon 1.17 22% — Versaflex™ OM 6258 60A Natural/ Black Nylon 1.20 23% UL Versaflex™ OM 6460 60A Natural/ Black Nylon 1.09 — — Versaflex™ OM 6275 78A Natural/ Black Nylon 1.10 25% — SUSTAINABLE TPE SOLUTIONS Materials based on renewable resources rather than petroleum • Significant (40% to 50%) bio-based content • Post-industrial recycled (PIR) and post-consumer recycled (PCR) content formulations • Wide hardness range • Comparable performance characteristics to standard TPEs • Easily processed and colored MATERIAL DESCRIPTION HARDNESS COLOR OVERMOLD SUBSTRATE DENSITY (g/cm3) BIO-DERIVED CONTENT (%) 5530-55N 55A Natural PC, ABS, Copolyester 1.01 40% 5530-65N 65A Natural PC, ABS, Copolyester 1.04 40% 5540-30N 30A Natural PP 0.87 40% 5540-40N 40A Natural PP 0.88 40% 5540-50N 50A Natural PP 0.88 40% 5540-60N 60A Natural PP 0.87 40% 5540-70N 70A Natural PP 0.87 40% 5540-80N 80A Natural PP 0.87 40% 5540-90N 90A Natural PP 0.88 40% MATERIAL DESCRIPTION HARDNESS COLOR OVERMOLD SUBSTRATE DENSITY (g/cm3) RECYCLE CONTENT TYPE RECYCLE CONTENT DY 7810-801 C 30A Natural PP 0.88 PCR 9% DY 7810-801 C 40A Natural PP 0.88 PCR 12% DY 7810-801 C 50A Natural PP 0.88 PCR 15% DY 7810-801 C 60A Natural PP 0.88 PCR 21% DY 7810-801 C 70A Natural PP 0.88 PCR 23% DY 7810-801 C 80A Natural PP 0.88 PCR 30% DY 7810-801 C 90A Natural PP 0.88 PCR 39% DY 7820-801 C 30A Natural PP 0.95 PCR 60% DY 7820-801 C 40A Natural PP 0.94 PCR 60% DY 7820-801 C 50A Natural PP 0.97 PCR 60% DY 7820-801 C 60A Natural PP 0.97 PCR 60% DY 7820-801 C 70A Natural PP 0.99 PCR 60% DY 7820-801 C 80A Natural PP 1.01 PCR 60% DY 7820-801 C 90A Natural PP 1.02 PCR 60% VX3120-801 I 65A Natural PC, ABS, PC/ABS 1.11 PIR 20% VX3120-802 I 65A Natural PC, ABS, PC/ABS 1.1 PIR 40% VX3120-803 I 65A Natural PC, ABS, PC/ABS 1.11 PIR 60% re So un d™ B IO T PE s re So un d™ R EC R ec yc le d Co nt en t T PE s OUTSTANDING LOOK AND FEEL CHEMICALLY RESISTANT TPEs TPE provides premium look and feel over a long time period • Silky touch/feel (soft and smooth) • Good UV resistance • Stain, chemical resistance (resistant to sweat, various fluids, etc.) • Abrasion resistance • High performance for consumer electronics applications MATERIAL DESCRIPTION HARDNESS COLOR OVERMOLD SUBSTRATE DENSITY (g/cm3) PROPERTY KEY CHARACTERISTIC Versaflex™ CE 3120-65 65A Natural/ Black PC, ABS, Copolyester 1.15 Soft touch, silky feel and good abrasion performance Silky feeling Versaflex™ CE 3130-70 70A Natural PC, ABS, Copolyester 1.04 Silky feel, long-term life, excellent abrasion resistance, performed UV and stain resistance, chemical resistance Non-blooming Versaflex™ CE 3130-80 80A Natural PC, ABS, Copolyester 1.08 Silky feel, good abrasion performance and UV resistance Non-blooming Versaflex™ CE 3320-70 70A Clear PC, ABS, Copolyester 1.08 Excellent UV resistance, blue jean stain resistance Super UV resistance, blue jean resistance Versaflex™ CE 3320-80 80A Clear PC, ABS, Copolyester 1.15 Excellent UV resistance, blue jean stain resistance Excellent UV resistance Versaflex™ CE 3140-65 65A Natural PC, ABS, Copolyester 1.00 Excellent abrasion resistance, chemical resistance, silky feel 5G transparent Versaflex™ CE 3140-90 90A Natural PC, ABS, Copolyester 1.01 Excellent abrasion resistance, chemical resistance, silky feel 5G transparent VIBRATION DAMPING ELASTOMERS MATERIAL DESCRIPTION HARDNESS COLOR OVERMOLD SUBSTRATE DENSITY (g/cm3) Versaflex™ VDT 4201-35N 35A Natural PP 1.00 Versaflex™ VDT 4202-40B 40A Black PP 1.00 Versaflex™ VDT 5120-40 40A Natural Nylon 1.09 Versaflex™ XP 5130 -65 65A Natural PC/ABS 1.03 Versaflex™ CE 3310-80 80A Clear PC/ABS 1.15 Thermoplastic elastomers that dampen vibrations via energy transfer • Excellent vibration damping performance (reduce noise/shaking) • Adhesion to various plastics PC, PC/ABS, ABS, PP • Colorable and translucent grades available • Effective in thin films HEALTHCARE TPEs Avient has performance-grade materials that are compliant with USP VI, ISO 10993-4 and 10993-5.
https://www.avient.com/sites/default/files/2020-03/Global_High_Yield_%26_Leverage_Conference %281%29.pdf
Cable jacket/sheath– Made of PE 9 Fiber-Line Product PolyOne Materials F I B E R O P T I C A L G R O W T H D R I V E R S PolyOne Corporation 21 5G Networks Enable lower latency, greater flexibility & efficiency Installation of these networks are in the very early stages Installation will start in urban hubs and will continue to expand into suburban and rural areas By 2025, only 14% of the world will have 5G connections Growth is expected over multi- year period 5G technology will be a leading growth driver in fiber optic cable for several years 10x Speed Increase & 8x More Antennae Required 5G vs. 4G PolyOne Corporation 22 Safety Technology Geography Service FinancialPeople Low EH&S risk profile New and complementary technologies Leverage our global footprint Strong customer relationships Foundational operating margins of 8-10% with ability to double Motivated team with a specialty culture I N V E S T - T O - G R O W M & A S T R A T E G Y PolyOne Corporation 23 Capture sourcing synergies Cross-sell & blend technology 8-10% operating margins I N V E S T - T O - G R O W M & A P L A Y B O O K Protect customers Retain employees Implement LSS to drive efficiency improvements Innovate with combined portfolio Safety First!
Leverage PolyOne’s global reach Phase 1 Phase 2 Phase 3 18-20% operating margins Invest in commercial resources I N V E S T - T O - G R O W P R O O F O F P E R F O R M A N C E PolyOne Corporation 24 Commercial Resources Operating Income ($ in millions) Operating Margins 256 309 At Acquisition Today $36 $100 At Acquisition Today 9% 19% At Acquisition Today Established Acquisitions (> 7 years) + 20% + 165% + 1000 bps CLARIANT MASTERBATCH ACQUISITION DRIVES NEXT LEVEL SPECIALTY TRANSFORMATION ACCELER ATING GR OWTH WITH SUSTAINABLE SOLUTIONS T R A N S F O R M A T I O N H E A D L I N E S PolyOne Corporation 26 F I T W I T H F O U R P I L L A R S T R A T E G Y PolyOne Corporation 27 Specialization • Innovation-led organization with heavy emphasis on R&D • World-class expertise in color formulation • Strong presence in specialty end markets including Consumer, Packaging and Healthcare Globalization • Diverse geographic portfolio with an established presence in every major region • Expands PolyOne’s ability to serve customers in key growth areas including India, China and Southeast Asia Operational Excellence • Extensive manufacturing footprint with 46 facilities • Organizational focus on optimizing supply chain to better serve customers • Color design expertise Commercial Excellence • Value-focused salesforce with vast experience marketing and commercializing specialty technologies • Diverse customer portfolio with established OEM’s People Experienced and talented associates with a winning mentality E N D M A R K E T T R A N S F O R M A T I O N PolyOne Corporation 28 Building & Construction 5% 2006 2019E PF* 4% 12% 10% 18% 8% 20% 2006 2019E PF* Healthcare Consumer Packaging 50% 22% High Growth End Markets Percentage of Total Revenue 38% * 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business E N D M A R K E T T R A N S F O R M A T I O N PolyOne Corporation 29 Packaging 8% Building & Construction 38% Wire & Cable 11% Industrial 10% Electrical & Electronic 7% 2006 2019E PF* Healthcare 4% Transportation 12% Consumer 18% Building & Construction 5% Wire & Cable 6% Industrial 12% Electrical & Electronic 5% Appliance 3% Textiles 6% Transportation 13% Healthcare 12% Packaging 20% Consumer 10% * 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business C O M P L E M E N T A R Y G E O G R A P H I C P R E S E N C E PolyOne Corporation 30 United States 38% Europe 33% Asia 19% Canada 4% Latin America 6% United States 22% Europe & Middle East 48% Asia 23% Canada 1% Latin America 6% Color & Engineered Materials Clariant Masterbatch Business Net Sales by Geographic Region United States 31% Europe & Middle East 39% Asia 21% Canada 3% Latin America 6% Pro Forma Color & Engineered Materials U N I F I E D F O C U S O N S U S T A I N A B I L I T Y PolyOne Corporation 31 2006 - 2013 2013 – 2019 PEO PLE PRO D U C TS PLA N ET PER FO R M A N C E PolyOne Clariant Masterbatch Business • Building mini-recycling plants to facilitate customer projects on design for recycling - CycleWorks • Uses packaging additives & colorants to improve recyclability and enhance automated sorting • Manufactures oxygen scavengers to extend shelf-life of perishable items and reduce material requirements • Combines UV-blocking additive colorants & other barriers to prevent spoilage and waste • Offers spin-dyeing solutions that use significantly less water than traditional methods, allowing for sustainable coloration of textiles • Produces infrared absorbing additives that reduce energy requirements for bottle manufacturing ($ in millions) PolyOne (Continuing Operations) Clariant Color & Additive Masterbatch Business Synergies New PolyOne 2019 Total Sales $2,863 $1,150 $4,013 2019 Adjusted EBITDA $309 $130 $60 $499 % Margin 10.8% 11.3% 12.4% 2019 CapEx $68 $85 % Sales 2.4% 2.1% 2019 Free Cash Flow $161 $250 2019 Adjusted EPS $1.69 $2.22 2019 PF Adjusted EPS $1.69 $2.54 P O L Y O N E + C L A R I A N T M A S T E R B A T C H B U S I N E S S PolyOne Corporation 32 (1) Excludes step-up of depreciation & amortization related to purchase accounting of transaction (1) $0.85/share O V E R 8 5 % O F A D J U S T E D E B I T D A F R O M S P E C I A L T Y PolyOne Corporation 33 46% 66% 0% 20% 40% 60% 80% 100% 2005 2010 2015 2019E PF % o f A d ju st e d E B IT D A * JV's Performance Products & Solutions Distribution Specialty 7% 87% * Adjusted EBITDA is EBITDA excluding corporate costs and special items ** 2019E Pro Forma for PP&S Divestiture and Clariant Masterbatch business acquisition with synergies Specialty EBITDA $14M $117M $273M $500M ** T R A N S A C T I O N O V E R V I E W • Expected mid-2020, subject to regulatory approvals and customary closing conditions Closing Conditions / Timing • Committed financing in place • Permanent financing to be combination of available cash on-hand, new debt and equity component to limit leverage • Equity issuance of $500MM • Target net leverage below 3.5x, 3.1x synergized PolyOne Corporation 36 • $1.45 B net purchase price • Represents 11.1x adjusted EBITDA (excluding synergies), 7.6x adjusted EBITDA (including synergies) • Pre-tax synergies of $60MM expected to be fully realized by the end of 2023 • Synergies realized from sourcing, operational, technology / commercial, and general administrative Transaction Value Synergies Financing Estimated Synergy Breakdown $60MM • Expect EBITDA synergies of $60MM – Proven integration expertise with a decade of acquisition experience – Administrative synergies reflect reduction of duplicative internal and third-party costs • Run rate synergies of $20MM by the end of Year 1 with $60MM achieved by the end of Year 3 • Significant additional opportunity for geographical expansion – Clariant Masterbatch business has complementary regional presence in key growth areas including India & Southeast Asia • Opportunity to accelerate growth with a combined portfolio of innovative solutions aligned with sustainability megatrends Sourcing 40% Operational 30% Administrative 30% PolyOne Corporation 37 S I G N I F I C A N T S Y N E R G Y O P P O R T U N I T I E S $450 $600 $624 $743 2019 2020 2021 2022 2023 2024 2025 2026 A T T R A C T I V E F I N A N C I N G S T R U C T U R E Attractive Debt Maturity Profile Existing Revolver Existing Senior Notes Existing Term Loan B New Debt Financing Financing Summary Terms on New Debt • $465 million of cash from the balance sheet expected to fund a portion of the purchase price • Bridge financing for remainder fully committed from Citi, Morgan Stanley and Wells Fargo • Permanent financing expected to include a combination of long-term debt and new equity • The timing of the permanent financing is subject to a number of factors, including, but not limited to, market conditions • PolyOne is committed to preserving a strong balance sheet – Target net leverage at close below 3.5x, excluding synergies • Pro forma capital structure positions PolyOne with flexibility to pursue continued growth strategy • New financing expected to have same or better covenant package than existing capital structure • Capital structure would be “covenant lite” Capital Policy • Transaction in line with PolyOne’s disciplined capital allocation policy • Existing PolyOne dividend policy to be maintained • Focus on deleveraging in the near term 2028+ PolyOne Corporation 38 PolyOne Corporation 37 $0.16 $0.20 $0.24 $0.32 $0.40 $0.48 $0.54 $0.70 $0.78 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Cumulative Share Repurchases (In millions) $0 $150 $300 $450 $600 $750 $900 2011 2012 2013 2014 2015 2016 2017 2018 2019 $917M R E T U R N I N G C A S H T O S H A R E H O L D E R S O V E R $ 1 . 2 B I L L I O N S I N C E 2 0 1 1 PolyOne Corporation Increasing Annual Dividend 38 $0.81 PolyOne Corporation 39 W H Y I N V E S T I N P O L Y O N E ?
T H E N E W P O L Y O N E : A S P E C I A L T Y G R O W T H C O M P A N Y Transformational M&A with PP&S divestment and pending acquisition of Clariant Masterbatch business Growing leadership position in attractive markets Innovation, technology and service are differentiators Capital management is a strength: Record-setting cash generation to continue for years Proven acquisition strategy with robust pipeline Commercial investments are fueling momentum and generating organic growth SERVICE: T H E T I M E L E S S D I F F E R E N T I A T O R PolyOne Corporation 40 T A L E N T D E V E L O P M E N T PolyOne Corporation 41 Leadership Program Participants 2012 2013 2014 2015 47 0 86 2016 2019 125 169 412 Campus Hires 2008 2011 2014 2017 0 25 90 47 PolyOne LSS Blackbelts 2008 2011 2014 2019 0 67 247 147 2019 134 A U N I Q U E C U S T O M E R E X P E R I E N C E Industrial Design IQ DESIGN PolyOne Corporation 42 Computer Aided Engineering Design Strategy 3 15 2014 2019 Designers & Engineers $0 $15M 2014 2019 $4M $87M 2014 2019 Opportunity funnel Total Revenue LSS CUSTOMER FIRST PolyOne Corporation 43 Customer Engagements Enables sales growth by building more intimate customer relationships, giving us insight to customers’ needs, with a service that is not easily replicated 2014 2019 2 210 I N N O V A T I N G W I T H P O L Y O N E PolyOne Corporation 44 SEGMENT HIGHLIGHTS C O L O R , A D D I T I V E S & I N K S E N D M A R K E T S & S O L U T I O N S PolyOne Corporation 45 Solid Colorants Performance Additives Screen Printing Inks Liquid Colorants Packaging 31% Industrial 14% Textiles 13% Wire & Cable 10% Building & Construction 9% Consumer 8% Transportation 7% Healthcare 5% Appliances 2% Electrical & Electronics 1% Operating Income & MarginRevenue by Region C O L O R , A D D I T I V E S & I N K S 2 0 1 9 R E V E N U E | O V E R $ 1 B I L L I O N PolyOne Corporation 46 Europe 34% United States 44% Asia 15% Canada 1% Mexico 3% South America 3% $4 $25 $104 $147 2005 2009 2013 2019 0.9% 5.5% 12.2% 14.7% S P E C I A L T Y E N G I N E E R E D M A T E R I A L S E N D M A R K E T S & S O L U T I O N S PolyOne Corporation 47 Engineered Formulations Advanced Composites Thermoplastic Elastomers Wire & Cable 15% Telecommunications (FOC) 13% Consumer 19% Electrical & Electronics 12% Healthcare 9% Industrial 8% Packaging 6% Appliance 2% Building & Construction 2% Transportation 14% Note: (FOC) refers to Fiber Optic Cabling S P E C I A L T Y E N G I N E E R E D M A T E R I A L S Revenue by Region Operating Income & Margin 2 0 1 9 R E V E N U E | $ 7 5 0 M I L L I O N PolyOne Corporation 48 Europe 27% United States 54% Asia 17% Canada 2% $21 $57 $87 2005 2009 2013 2019 0.1% 5.1% 9.3% 11.6% D I S T R I B U T I O N E N D M A R K E T S & S U P P L I E R S PolyOne Corporation 49 Healthcare 28% Transportation 23% Industrial 19% Consumer 12% Appliance 6% Electrical & Electronics 5% Building & Construction 4% Packaging 2% Wire & Cable 1% Operating Income & Margin2019 Revenue | $1.2 Billion $25 $63 $75 2005 2009 2013 2019 $20 2.9% 4.0% 5.9% 6.3% http://www.polyone.com/Pages/VariationRoot.aspx O V E R V I E W O F R A W M A T E R I A L P U R C H A S E S PolyOne Corporation 50 Performance Additives 15% Polyethylene 13% Pigments 9% Styrenic Block Copolymer 7% Nylon 7% TiO2 6% Polypropylene 5% Dyestuffs 4% Plasticizers 3% Other Raw Materials 31% $900 million of raw material purchases in 2019 excluding Distribution business Note: All figures exclude divested PP&S business T A R G E T E N D M A R K E T S & A P P L I C A T I O N E X A M P L E S PolyOne Corporation 51 Thermally Conductive Technologies Chemical Resistant Technologies Polymer Colorants Elastomeric Grips and Handles Structural Composites Antimicrobial Technologies Anti-Counterfeiting Technologies Target End Markets… Healthcare Catheter Technologies Under-hood Components Target End Markets… Automotive Interior Structural Components Sound & Vibration Management Roof Systems Air Management Electronics and Cameras Lighting Exterior / Interior Trim Braces & Brackets Fasteners Seals & Flaps Target End Markets… Consumer Thermally Conductive Components Polymer Colorants Elastomeric Grips and Handles Structural Composite Components Oxygen Scavenger Technologies Laser Marking Additives Antistatic Technologies UV Light Barrier Technologies Cap & Closure Colorants Process Optimization Technologies Antioxidant Technologies Density Modified Technologies Target End Markets… Packaging 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 Luxury Packaging GravitechTM Density Modified Polymers 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 OnColorTM Super Concentrates Inhibit microbial growth on polymer surfaces Enhance value or products and devices Highly versatile concentrate with the ability to be incorporated into a wide variety of products Combat Bacteria Formation WithStandTM Antimicrobial Technology 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 Medical Device Housings Chemically Resistant Engineered Polymers 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 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 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 Fiber Colorants PolyOne Corporation 63 Global high yield & leveraged finance Conference Forward Looking Statements USE OF �NON-GAAP�MEASURES Vision Safety First Commodity to Specialty Transformation PolyOne�2019 Revenue | $2.9 billion Slide Number 8 Sustainable Path to Double-Digit EPS Growth Expansion of Commercial Resources driving growth The Evolving Customer Relationship Slide Number 12 Aligning with trends for Growth Revenue from Sustainable Solutions Innovation 3 Horizons of Development Innovation Spotlight: Composites COMPOSITE MATERIALS COMPOSITEs Portfolio�Diverse Capabilities and Solutions Serving Manufacturers and OEMS PolyOne applications in Fiber optic cables Fiber optical growth drivers Invest-to-Grow M&A Strategy Invest-to-Grow M&A Playbook Invest-to-Grow Proof of performance Clariant Masterbatch Acquisition Drives�Next Level Specialty Transformation Transformation Headlines Fit with Four Pillar Strategy End Market Transformation End Market Transformation Complementary Geographic Presence Slide Number 31 PolyOne + Clariant Masterbatch Business Over 85% of Adjusted EBITDA from Specialty Transaction overview Significant Synergy Opportunities Attractive Financing Structure Slide Number 37 Returning cash to shareholders�Over $1.2 Billion since 2011 Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2024-08/Avient-2023-Sustainability-Report_6.pdf
Phoenix, Arizona 23.
Mesa, Arizona 23.
Training and Development Management Approach 197,500 HOURS OF TRAINING COMPLETED IN 2023 HOME | Contents | Message from the CEO | About Us | People | Products | Planet | Performance | Metrics | Index Sustainability Report | 2023 23 We are a geographically diverse and global company with customers all over the world.
https://www.avient.com/knowledge-base/article/thermoplastic-elastomer-tpe-faqs?rtype[]=1164
23° C (Room temperature)
22 hrs, 70 hrs, 168 hrs (1 week), 1000 hrs (42 days)
https://www.avient.com/knowledge-base/article/thermoplastic-elastomer-tpe-faqs
23° C (Room temperature)
22 hrs, 70 hrs, 168 hrs (1 week), 1000 hrs (42 days)