https://www.avient.com/news/avient-pioneers-new-ptfe-free-lubrione-internally-lubricated-formulations-chinaplas-2024
The initial portfolio comprises nine standard unreinforced and glass or carbon fiber reinforced grades, in which PTFE is replaced with alternatives such as linear and high density or ultra-high molecular weight polyethylene (LDPE/HDPE/UHMWPE).
https://www.avient.com/news/avient-feature-specialty-sustainable-technologies-k-2022
Post-Consumer Recycled (PCR) Color Prediction Service is a digital service using sophisticated technology to help illustrate the color possibilities or limitations of certain types of PCR for customers, including polyolefins and polyethylene terephthalate (PET) resins.
https://www.avient.com/news/avient-s-malm-sweden-site-earns-iscc-plus-certification-mevopur-healthcare-bio-based-polymer-solutions
These solutions are made with bio-derived polymers, including polypropylene, polyethylene, polycarbonate, acrylonitrile butadiene styrene (ABS), and styrenics, with bio-derived content ranging from 70% to 100%.
https://www.avient.com/news/avient-showcase-innovative-polymer-solutions-wire-and-cable-industry-wire-d-sseldorf-2024
Syncure™ XLPE Cross-linkable Polyethylene Formulations and ECCOH™ XL Cross-Linkable Solutions, both of which can enhance traditional LSOFH materials to provide additional requirements such as oil resistance, chemical resistance, and improved mechanical performance or service temperature of the cables
https://www.avient.com/news/hai-prevention-has-ally-new-polyone-tpes-feature-enhanced-resistance-antiseptics
They also feature excellent bonding to plastics with improved chemical resistance, such as rigid PVC, co-polyesters, PC/polyethylene terephthalate, rigid thermoplastic urethanes and polyetherimide, many of which are now replacing traditional substrate materials.
https://www.avient.com/news/specialty-polymer-solutions-avient-improved-durability-and-sustainability-healthcare-products-pharmapack-2023
Three standard white colorants in bio-polyethylene are also available for pharmaceutical packaging manufacturers.
https://www.avient.com/news/dyneema-unveils-breakthrough-innovation-enable-weight-savings-20-protective-body-armor
Beyond strength, Dyneema® SB301 has the additional advantage of being made from bio-based Dyneema® fiber, which enables a carbon footprint up to 90% lower than generic high modulus polyethylene (HMPE) fiber.
https://www.avient.com/news/dyneema-showcase-latest-law-enforcement-and-defense-armor-material-innovations-enforce-tac-2025-european-made-material-solutions-enable-lightweight-ballistic-protection
Dyneema® will showcase its expanding portfolio of ultra-high molecular weight polyethylene (UHMWPE) fiber solutions for body armor, helmets, and hard armor panels, including a groundbreaking new line of its lightest hard ballistic materials, Dyneema® HB330 and Dyneema® HB332.
https://www.avient.com/sites/default/files/resources/PolyOne%2520Investor%2520Presentation%2520Jefferies%25202013%2520Global%2520Industrial%2520Conference_Posting.pdf
Use of Non GAAP Measures Page 3 -150.00% -50.00% 50.00% 150.00% 250.00% 350.00% PolyOne S&P 500 Strategy and Execution Drive Results Page 4 All time closing high of $29.48 August 1, 2013 • 15 consecutive quarters of double digit EPS growth • 42% CAGR adjusted EPS expansion 2006-2012 • YTD stock price has increased 42% versus 20% growth in the S&P 400% increase in market cap, from $0.7b to $2.8b since 2006 The World’s Premier Provider of Specialized Polymer Materials, Services & Solutions Four Pillar Strategy Page 5 PP&S 15% Specialty 60% Distribution 25% 0.12 0.27 0.21 0.13 0.68 0.82 1.00 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* 2015 Target Ad ju st ed E ar ni ng s P er S ha re Appliance 6% Building & Construction 13% Wire & Cable 9% Electrical & Electronics 4% Consumer 9% Packaging 18% Industrial 10% Misc. 5% HealthCare 9% Transportation 16% Textiles 1% United States 70% Europe 14% Canada 8% Asia 5% Latin America 3% 2012 Revenues: $4.0 Billion* End Markets* 2012 Revenues: $4.0 Billion* EPS Page 6 * Pro Forma includes FY2012 results for Spartech (11/03/12 YE) and Glasforms & excludes discontinued operations PolyOne At A Glance * Restated to exclude discontinued operations Old PolyOne Transformation *Operating Income excludes corporate charges and special items **Pro Forma results include Spartech and Glasforms acquisitions, Specialty Coatings reclass and excludes discontinued operations 2% 34% 43% 45% 60% 62% 65- 75% 0% 20% 40% 60% 80% 100% 2005 2008 2010 2012 2012 PF** H1'13 2015 % o f O pe ra tin g In co m e* JV's PP&S Distribution Specialty Specialty OI $5M $46M $87M $114M $150M $98M Target Mix Shift Highlights Specialty Transformation 2015 Target Page 7 2006 H1 2013 2015 Where we were Where we are Target 1) Operating Income % Specialty: Global Color, Additives & Inks 1.7% 12.6% 12 – 16% Global Specialty Engineered Materials 1.1% 9.2% 12 – 16% Designed Structures & Solutions -- 4.4% 8 – 10% Performance Products & Solutions 5.4% 8.3% 9 – 12% Distribution 2.6% 6.1% 6 – 7.5% 2) Specialty Platform % of Operating Income 6.0% 62% 65 – 75% 3) ROIC* (after-tax) 5.0% 9.4% 15% 4) Adjusted EPS Growth N/A 26% Double Digit Expansion Proof of Performance & 2015 Goals *ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period Page 8 *Percentage of Specialty Platform revenue from products introduced in last five years 11.5% 46.5% 2006 Q2 2013 $20.3 $44.7 2006 TTM Q2'13 14.3% 31.1% 2006 Q2 2013 Research & Development Spending Specialty Platform Vitality Index Progression* Innovation Drives Earnings Growth ($ millions) Specialty Platform Gross Margin % Page 9 We are Experts in Polymer Science and Formulation Polymer Science Formulation Chemistry Processing Inputs Base Resins Additives Modifiers Colorants Specialized Polymer Materials, Services, and Solutions Expertise Satisfied Consumers PolyOne Customer Innovative Products & Services Marketplace Demands Performance Requirements Value Drivers Page 10 Positioned for Strong Growth 2015 Target Rev: $5B Adj.
EPS: $1.00 $0.54 $0.68 $0.30 $0.45 $0.60 $0.75 H1'12 H1'13 Adjusted EPS $101.0 $132.6 $50.0 $100.0 $150.0 H1'12 H1'13 Adjusted Operating Income (millions) +31% $68.8 $97.7 $50.0 $75.0 $100.0 H1'12 H1'13 Specialty Operating Income (millions) First Half 2013 Financial Highlights • Adjusted EPS increased 26% over prior year first half • Operating Income expanded 31% versus first half 2012 • Specialty operating income up 42% • Revenue grew 22% versus 1H ‘12 • Portfolio transformation activities Completed acquisition of Spartech Divested non-core Resin business +26% +42% Page 12 • Significant Debt Maturities $ 1,010 Other Debt 21 • Total Debt at 6/30/13 Less: Cash Net Debt • Available Liquidity Cash ABL Availability Total Liquidity • Net Debt / EBITDA = 1.9x* • Net Debt / EBITDA = 2.1x*(tax adjusted) $392 310 $702 $1,031 392 $639 $50 $360 $600 $0 $100 $200 $300 $400 $500 $600 $700 $800 2015 2020 2023 Significant Debt Maturities As of June 30, 2013 ($ millions) Page 13 Coupon Rates: 7.500% 7.375% 5.250% *Pro Forma TTM Debt Maturities & Liquidity Summary – 6/30/13 Cash Balance = $392M Net Debt / EBITDA* = 1.9x • Repurchased ~3.0M shares YTD in 2013 • 17 million shares are available for repurchase under the current authorization Share Repurchase • Introduced a quarterly dividend in Q1 2011 and increased in Q1 2012 (25%) and Q1 2013 (20%) • Objective of maintaining and growing Dividends • Expanding our sales, marketing, and technical capabilities is top priority • Investing in operational and LSS initiatives (including synergy capture) • CAPEX Organic Growth • Targets that expand our: • Specialty offering • End market presence • Geographic footprint • Synergy opportunities • Adjacent material solutions • North American manufacturing alignment Acquisitions *TTM 6/30/2013 Use of Cash Page 14 Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2022-11/Smarter Materials High Performance Thermoplastics.pdf
To mold high-performance thermoplastics, processing equipment must be capable of melt temperatures up to 400°C and mold temperatures up to 200°C.
The material typically works best with a nozzle temperature between 360–400°C and a heated bed of 120°C.