https://www.avient.com/sites/default/files/resources/Wells%2520Fargo%2520Conference%2520-%2520IR%2520Presentation%25205-6-2015%2520-%2520wNon%2520GAAP%2520and%2520Appendix.pdf
PolyOne Corporation Page 4
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
• Substantial EPS growth
from $0.13 to all-time
high of $1.80
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Specialty mix expands
to 65% of Operating
Income – strongest mix
of earnings in history
• Accelerating growth
• Deliver consistent
double digit annual
EPS growth
• Maintain >35% vitality
index
• Pursue strategic
acquisitions that
expand specialty
offerings and
geographic breadth
• Invest and grow
current and next
generation talent
PolyOne Corporation Page 5
Appliances
5%
Building &
Construction
12%
Consumer
10%
Electrical &
Electronics
5%
Healthcare
11%
Industrial
14%
Packaging
14%
Transportation
20%
Wire & Cable
9%
Distribution
28%
PP&S
20%
Specialty
52%
United States
69%
Europe
13%
Canada
7% Asia
6%
Latin America
5%
2014 Revenues: $3.8 Billion
End Markets
2014 Revenues: $3.8 Billion
PolyOne
At A Glance
$13
$31
$46 $46
$87 $96
$122
$195
$242
2006 2007 2008 2009 2010 2011 2012 2013 2014
Specialty Operating Income ($M)
PolyOne Corporation Page 6
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
65%
69%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014 Q1 2015 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 $242M $60M Target
Mix Shift Highlights Specialty Transformation
Transformation 2015 Target
PolyOne Corporation Page 7
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
PolyOne Corporation Page 8
-100%
0%
100%
200%
300%
400%
500%
600%
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
'06 '07 '08 '09 '10 '11 '12 '13 '14
‘06-‘14 Adjusted EPS CAGR = 40%
Adjusted EPS Share Price vs.
https://www.avient.com/sites/default/files/resources/POL%2520IR%2520Presentation%2520–%2520Goldman%2520Sachs%2520Conference%25202015.pdf
PolyOne Corporation Page 4
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
• Substantial EPS growth
from $0.13 to all-time
high of $1.80
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Specialty mix expands
to 65% of Operating
Income – strongest mix
of earnings in history
• Accelerating growth
• Deliver consistent
double digit annual
EPS growth
• Maintain >35% vitality
index
• Pursue strategic
acquisitions that
expand specialty
offerings and
geographic breadth
• Invest and grow
current and next
generation talent
PolyOne Corporation Page 5
Appliances
5%
Building &
Construction
12%
Consumer
10%
Electrical &
Electronics
5%
Healthcare
11%
Industrial
14%
Packaging
14%
Transportation
20%
Wire & Cable
9%
Distribution
28%
PP&S
20%
Specialty
52%
United States
69%
Europe
13%
Canada
7% Asia
6%
Latin America
5%
2014 Revenues: $3.8 Billion
End Markets
2014 Revenues: $3.8 Billion
PolyOne
At A Glance
$13
$31
$46 $46
$92 $96
$122
$195
$242
2006 2007 2008 2009 2010 2011 2012 2013 2014
Specialty Operating Income ($M)
PolyOne Corporation Page 6
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
34% 43%
62%
65%
69%
0%
20%
40%
60%
80%
100%
2005 2008 2010 2013 2014 Q1 2015 2020
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
80%+
Specialty OI $5M $46M $87M $195M $242M $60M
Mix Shift Highlights Specialty Transformation
Transformation
2020
Platinum
Vision
Platinum
Vision
PolyOne Corporation Page 7
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
PolyOne Corporation Page 8
-100%
0%
100%
200%
300%
400%
500%
600%
Strategy and Execution Drive Results
$0.12
$0.27
$0.21
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
'06 '07 '08 '09 '10 '11 '12 '13 '14
‘06-‘14 Adjusted EPS CAGR = 40%
Adjusted EPS Share Price vs.
https://www.avient.com/sites/default/files/resources/PolyOne%2520IR%2520Presentation%2520-%2520Goldman%2520Sachs%2520Basic%2520Materials%2520Conference%2520-%2520May%25202016.pdf
PolyOne Corporation Page 4
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 – 2015 2016 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
• Substantial EPS growth
from $0.13 to all-time
high of $1.96
• Shift to faster growing,
high margin, less
cyclical end markets
• Key acquisitions propel
current and future
growth, as well as
margin expansion
• Specialty mix expands
to 65% of Operating
Income – strongest mix
of earnings in history
• Deliver consistent
double digit annual
EPS growth
• Maintain >35% vitality
index
• Pursue strategic
acquisitions that
expand specialty
offerings and
geographic breadth
• Invest and grow
current and next
generation talent
PolyOne Corporation Page 5
Confirmation of Our Strategy
The World’s Premier Provider of Specialized
Polymer Materials, Services and Solutions
Specialization Globalization
Operational
Excellence
Commercial
Excellence
Associates
PolyOne Corporation Page 6
26 Consecutive Quarters of EPS Growth
PolyOne Corporation Page 7
2015 Revenues: $3.4 Billion
End Markets
2015 Revenues: $3.4 Billion
PolyOne
At A Glance
$0.12
$0.27 $0.21
$0.13
$0.68
$0.82
$1.00
$1.31
$1.80
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Adjusted EPS
United States
66%
Europe
13%
Canada
7%
Asia
7%
Latin America
7%
Appliances
4%
Building &
Construction
12%
Consumer
10%Electrical &
Electronics
5%
Healthcare
11%
Industrial
14%
Packaging
13%
Textiles
2%
Transportation
20%
Wire & Cable
9%
$1.96
Distribution
29%
PP&S
20%
CAI
23%
SEM
15%DSS
13%
PolyOne Corporation Page 8
Old
PolyOne
*Operating Income excludes corporate charges and special items
2%
43%
65%
0%
20%
40%
60%
80%
100%
2005 2010 2015 2020
%
o
f O
pe
ra
tin
g
In
co
m
e*
JV's Performance Products & Solutions Distribution Specialty
80%+
Specialty OI $5M $87M $229M
Mix Shift Highlights Specialty Transformation
Transformation
2020
Platinum
Vision
Platinum
Vision
PolyOne Corporation Page 9
Color and Engineered Materials at the
Heart of Specialty Transformation
OPERATING MARGIN
1.7%
4.6% 5.1%
5.5%
7.2%
8.1%
9.7%
12.2%
14.7%
16.7% 17.0%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1Q'16 2020
Platinum
Vision
COLOR, ADDITIVES
AND INKS
1.1% 1.3%
3.4%
5.1%
9.6%
8.0%
8.6%
9.3%
12.1%
14.7%
16.6%
20%+
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 1Q'16 2020
Platinum
Vision
SPECIALTY
ENGINEERED MATERIALS
PolyOne Corporation Page 10
2006 1Q 2016 2020
“Where we were” “Where we are” Platinum Vision
1) Operating Income %
Specialty:
Color, Additives & Inks 1.7% 17.0% 20%+
Specialty Engineered Materials 1.1% 16.6% 20%+
Designed Structures & Solutions N/A 2.5% (TTM) 8 – 10%
Performance Products &
Solutions 5.5% 11.9% 12 – 14%
Distribution 2.6% 6.5% 6.5 – 7.5%
2) Specialty Platform % of
Operating Income 6.0% 61% 80%+
3) ROIC* 5.0% 12.0% 15%
4) Adjusted EPS Growth N/A 22% Double Digit
Expansion
Proof of Performance & 2020 Goals
*ROIC is defined as TTM adjusted OI divided by the sum of average debt and equity over a 5 quarter period
PolyOne Corporation Page 11
Therma-Tech™ & Sheet
GEON™ Vinyl
Polymer ColorantsTherma-Tech™
TPE’s & Film
TPE + OnForce™
Gravi-Tech™
Page 11
Film
Target End Markets… Healthcare
PolyOne Corporation Page 12
TPE + OnForce
(SEM)
OnForce
(SEM)
Glasforms
(SEM)
TPE Vibration Dampening
(SEM/GLS)
TPE & Film
(SEM + DSS)
Glasforms
(SEM)
Polymer Colorants
(CAI)
Thermatech
(SEM)
Thermoplastic Elastomers
(SEM)
TPE + OnForce
(SEM)
OnForce
(SEM)
Thermoplastic Elastomers
(SEM)
Glasforms
(SEM)
Polymer Colorants
(CAI)
Sheet
(DSS)
Source: Outdoor Industry Association
Target End Markets… Outdoor High Performance
PolyOne Corporation Page 13
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
PolyOne Corporation Page 14
Target End Markets… Packaging
PreservaPak™
OnColor™
Smart Batch™
VersaFlex™
TPE Cap Liner
ColorMatrix™
Amosorb™
Oxygen Scavenger
ColorMatrix™
Ultimate™ UV
Light Barrier
OnCap™
Laser Marking
Additives
PolyOne Corporation Page 15
Innovation Drives Earnings Growth
*Specialty Platform revenue from products introduced in last five years
$20
$53
2006 2015
Research & Development
Spending
($ millions)
Specialty Platform
Vitality Index Progression*
14%
34%
2006 2015
CAI & SEM
Gross Margin
12%
43%
2006 2015
Target ≥ 35%
Innovation Pipeline Potential
PolyOne Corporation Page 16
2,883
2,414
2006 2015
Volume
(lbs in millions)
-16%
$103
$192
2006 2015
Commercial, R&D
and Marketing
Spending ($M)
+86%
$303
$721
2006 2015
Adjusted
Gross Profit ($M)
+138%
Ours is Not a Cost Cutting Story
PolyOne Corporation Page 17
Design and Service as a Differentiator
Right Material &
Color
Desired
Product Design
Appropriate
Manufacturing Process
Delivering Concept to
Commercialization
Connecting
the Dots with
iQ Design Labs and
InVisiO Color Design
PolyOne Corporation Page 18
Customer First Through World-Class Service
Strengthening relationships through:
Providing LSS services to small/medium sized customers
Providing training in Customer Centric Selling Skills with customers
World’s Best Business
Process Excellence
Program in 2012*
World’s Best Start-up
program for Lean Six Sigma
Deployment in 2009*
81%
93%
2006 2015
16.2%
9.7%
2006 2015
On-Time Delivery
Working Capital % of Sales
52% of associates trained in LSS
Five consecutive years – CFO Magazine Best Working
Capital Management in the chemical industry
Commitment to Operational Excellence
PolyOne Corporation Page 19
60%
100%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2008 1Q 2016
Pension Funding**
As of March 31, 2016
Debt Maturities & Pension Funding
Net Debt / Adjusted EBITDA*= 2.5x
** includes US-qualified pension plans only*TTM 3/31/2016
$550
$600
$200
$300
$400
$500
$600
$700
$800
2022 2023
Debt Maturities
As of March 31, 2016
($ millions)
Coupon Rate: 3.750% 5.250%
PolyOne Corporation Page 20
Free Cash Flow and Strong Balance Sheet
Fund Investment / Shareholder Return
Expanding our sales,
marketing, and
technical capabilities
Investing in operational
and LSS initiatives
~75% of capital
expenditures fund
growth initiatives Organic
Growth
Acquisitions
Share
Repurchases
Dividends
$0.16
$0.20
$0.32
$0.40
$0.48
$0.10
$0.20
$0.30
$0.40
$0.50
2011 2012 2013 2014 2015 2016
Annual Dividend
Targets that expand
our:
• Specialty offerings
• End market
presence
• Geographic breadth
Synergy opportunities
Adjacent material
solutions
Repurchased
1.5 million shares in
Q1 2016
Repurchased 17.3
million shares since
early 2013
10.0 million shares are
available for
repurchase under the
current authorization
$0.24
PolyOne Corporation Page 21
The New PolyOne: A Specialty Growth Company
Why Invest In PolyOne?
https://www.avient.com/sites/default/files/2021-09/avnt-q2-2021-earnings-presentation.pdf
ColorWorks innovation centers are specially
designed to foster imagination and enable
creative exploration of innovative solutions
• Focus on customers’ sustainability initiatives
through recyclability and post-consumer
recycled materials for packaging applications
• Supports 8-12% long-term revenue growth
expectations across our sustainable solutions
portfolio
8
2020 Pro forma $870 $69
Sustainable Solutions 66 37% 26
Healthcare 29 20% 7
Composites 12 36% 6
Growth in Asia / LATAM 47 39% 11
Other 190 48% 22
Sub-total $1,214 40% $141
COVID Response Applications (15) (8)
FX Impact 36 4
Synergies 11
Incentives, Travel, Other Employee Costs (26)
2021 Actual $1,235 42% $122
Q2 2021 ORGANIC SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
9
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
Sales Growth Rate
Adjusted
Operating
Income$ millions
(1)
10
Q2 2020PF Q2 2021
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(2) Financial information is presented on a constant currency basis
(1,2)
(44% of total revenue)
(56% of total revenue)
Q2 END MARKET SALES PERFORMANCE
+26%
+38%
+46%
+103%
+51%
+9%
+7%
+67%
Energy Telecom Building &
Construction
Transportation Industrial Healthcare Packaging Consumer
Q2 YEAR-OVER-YEAR EBITDA BRIDGE
Q2 2020 Pro forma $ 106
Demand 69
11
Adjusted
EBITDA$ millions
• Demand impact driven by
growth in sustainable
solutions and consumer
products
• Price increases more than
offset raw material and
supply chain impacts
(1) Financial information is pro forma to include a full year of Clariant Masterbatch business acquisition
(1)
CAI:
Price / Mix 40
Inflation (32)
SEM:
Price / Mix 23
Inflation (18)
Distribution:
Price / Mix 81
Inflation (77)
Net Price Benefit 17
Supply Chain Disruptions (14)
COVID Response Applications (8)
Synergies 11
Incentives, Travel, FX, Other (22)
Q2 2021 Actual $ 159
Q1 2021 Actual $ 161
CAI:
Price / Mix 32
Inflation (22)
SEM:
Price / Mix 15
Inflation (9)
Distribution:
Price / Mix 50
Inflation (48)
Net Price Benefit 18
Supply Chain Disruptions (12)
Demand / Seasonality (6)
Other (2)
Q2 2021 Actual $ 15912
Adjusted
EBITDA$ millions
• Price increases more than
offset raw material and
freight inflation impacts
• Demand impact driven by
Q2 seasonality for the
business
Q1 TO Q2 SEQUENTIAL EBITDA BRIDGE
Q 3 A N D F U L L Y E A R
2 0 2 1 O U T L O O K
$74
$98
2020 2021E
$0.46
$0.68
2020 2021E
ORGANIC GROWTH PROJECTIONS – Q3
( T O TA L C O M PA N Y )
14
Sales Adjusted Operating Income
$925
$1,150
2020 2021E
+ 24%
Adjusted EPS
+ 32% + 48%
(in millions) (in millions)
FULL YEAR GUIDANCE INCREASED
15
Sales Adj.
https://www.avient.com/sites/default/files/2020-03/Global_High_Yield_%26_Leverage_Conference %281%29.pdf
Service:�The Timeless differentiator
Talent development
IQ DESIGN
LSS CUSTOMER FIRST
Innovating with PolyOne
COLOR, ADDITIVES & INKS
Color, Additives & Inks
Specialty Engineered Materials
Specialty Engineered Materials
DISTRIBUTION
Overview of RAW MATERIAL PURCHASES
Target end markets & �application examples
Slide Number 52
Slide Number 53
Slide Number 54
Slide Number 55
Slide Number 56
Slide Number 57
Slide Number 58
Slide Number 59
Slide Number 60
Slide Number 61
Slide Number 62
Slide Number 63
Slide Number 64
Slide Number 65
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_SVE2.pdf
VÅR
UPPFÖRANDEKOD
UTFÄRDAD: OKTOBER 2024
Innehållsförteckning
Introduktion:
Ett meddelande från vår ceo 1
Vår uppförandekod
Vägledning för etiskt uppförande 3
Personliga värderingar 3
Ditt ansvar 4
Ytterligare ansvar för Avients
chefer och managers 4
Att hantera frågor och rapportera
situationer som överträder
efterlevnad 5
Ethics hotline 5
Inga repressalier 6
Tillämpning av uppförandekoden 6
Överträdelser av koden 6
Respekt för alla
Mångfald och social integration 8
Diskriminering eller trakasserier 8
Relationer på arbetsplatsen 9
Substansmissbruk 10
Fysisk säkerhet och våld på
arbetsplatsen 10
Ärlighet på arbetet
Korrekt information,
data och register 12
Bokföringsintegritet 12
Bolagets kommunikationer 14
Skyddande och användning
av tillgångar 14
Äganderättsskyddad och
konfidentiell information, idéer
och immateriella rättigheter 15
Integritet, skydd av personlig
information och data 16
Internet- och e-postanvändning 16
Sociala media och sociala nätverk 17
Datasäkerhet, licensiering av
programvara och copyrights 17
Insiderinformation och
aktiehandel 18
Politiska bidrag/aktiviteter
och donationer för välgörande
ändamål 19
Myndigheters undersökningar
och förfrågningar 19
Integritet i våra
affärer
Rättvisa affärer 21
Mutor och kickbacks 21
Ombud och konsulter 22
Konkurrens 22
Gåvor och annan gästfrihet 23
Intressekonflikter 24
Vanliga frågor 24
Egen företagsamhet 25
Internationell handel 25
Penningtvätt 25
Bolagets sociala
ansvar
Hållbarhet 27
Säkerhet, hälsa och miljö 28
Produkt- och servicesäkerhet 29
Respekt för mänskliga rättigheter 29
Ett delat åtagande 29
Resurser och
kontaktinformation
Våra policyer 30
Interna kontakter 30
Ethics Hotline 30
Ett meddelande från vår ceo
Bästa Avient-team,
Våra företagsbeslut får långtgående konsekvenser i dagens komplexa och sammankopplade värld.
Medarbetarens namn (vänligen texta)
Underskriftc Datum
Arbetsplats
Resurser och kontaktinformation
Våra policyer
Interna kontakter – etik och efterlevnadsresurser
Ethics Hotline
Ett meddelande från vår ceo
Vår uppförandekod
Vägledning för etiskt uppförande
Personliga värderingar
Ditt ansvar
Ytterligare ansvar för Avients chefer och managers
Att hantera frågor och rapportera situationer som överträder efterlevnad
Ethics hotline
Inga repressalier
Tillämpning av uppförandekoden
Överträdelser av koden
Respekt för alla
Mångfald och social integration
Diskriminering eller trakasserier
Relationer på arbetsplatsen
Substansmissbruk
Fysisk säkerhet och våld på arbetsplatsen
Ärlighet på arbetet
Korrekt information, data och register
Bokföringsintegritet
Bolagets kommunikationer
Skyddande och användning av tillgångar
Äganderättsskyddad och konfidentiell information, idéer och immateriella rättigheter
Integritet, skydd av personlig information och data
Internet- och e-postanvändning
Sociala media och sociala nätverk
Datasäkerhet, licensiering av programvara och copyrights
Insiderinformation och aktiehandel
Politiska bidrag/aktiviteter och donationer för välgörande ändamål
Myndigheters undersökningar och förfrågningar
Integritet i våra affärer
Rättvisa affärer
Mutor och kickbacks
Ombud och konsulter
Konkurrens
Gåvor och annan gästfrihet
Intressekonflikter
Vanliga frågor
Egen företagsamhet
Internationell handel
Penningtvätt
Bolagets sociala ansvar
Hållbarhet
Säkerhet, hälsa och miljö
Produkt- och servicesäkerhet
Respekt för mänskliga rättigheter
Ett delat åtagande
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_ITA2.pdf
IL NOSTRO CODICE
DI CONDOTTA
DATA DI PUBBLICAZIONE: OTTOBRE 2024
INDICE
Introduzione:
Un messaggio dal ceo 1
Il nostro Codice di
condotta
Linee guida per il comportamento
etico 3
Valori personali 3
Le vostre responsabilità 4
Responsabilità aggiuntive di
supervisori e manager di Avient 4
Risolvere questioni e segnalare
situazioni
di non conformità 5
Linea di assistenza telefonica
sull’etica 5
Non ritorsione 6
Applicazione del codice
di condotta 6
Violazioni del codice 6
Rispetto per tutti 7
Diversità e inclusione 8
Discriminazione o molestie 8
Rapporti di lavoro 9
Abuso di sostanze 10
Sicurezza fisica e violenza
sul luogo di lavoro 10
Onestà sul lavoro
Informazioni, dati e documenti
accurati 12
Integrità contabile 12
Comunicazioni aziendali 14
Tutela e uso dei beni 14
Informazioni proprietarie e
riservate, idee
e proprietà intellettuale 15
Privacy, informazioni personali e
protezione dei dati 16
Uso di internet e delle e-mail 16
Social media e social networking 17
Sicurezza informatica, licenze
software e copyright 17
Insider trading e informazioni
privilegiate 18
Contributi/attività per partiti
politici e contributi ad
organizzazioni di beneficenza 19
Indagini e inchieste governative 19
Integrità nella
nostra attività
Trattamento equo 21
Corruzione e mazzette 21
Agenti e consulenti 22
Concorrenza 22
Omaggi e ospitalità 23
Conflitti di interessi 24
Autonegoziazioni 25
Commercio internazionale 25
Riciclaggio di denaro 25
Responsabilità
sociale dell’azienda
Sostenibilità 27
Sicurezza, salute e ambiente 28
Sicurezza di prodotti e servizi 29
Rispetto dei diritti umani 29
Un impegno condiviso 29
Risorse e informazioni
di contatto
Le nostre politiche 30
Contatti interni 30
Linea di assistenza telefonica
sull’etica 30
Un messaggio dal ceo
Cari membri del team Avient,
le nostre decisioni aziendali hanno implicazioni di vasta portata nel mondo complesso e interconnesso di oggi.
Nome del dipendente (in stampatello)
Firma Data
Sede di lavoro
Risorse e informazioni di contatto
Le nostre politiche
Contatti interni—Risorse su etica e conformità
Linea di assistenza telefonica sull’etica
Un messaggio dal ceo
Il nostro Codice di condotta
Linee guida per il comportamento etico
Valori personali
Le vostre responsabilità
Responsabilità aggiuntive di supervisori e manager di Avient
Risolvere questioni e segnalare situazioni
di non conformità
Linea di assistenza telefonica sull’etica
Non ritorsione
Applicazione del codice di condotta
Violazioni del codice
Rispetto per tutti
Diversità e inclusione
Discriminazione o molestie
Rapporti di lavoro
Abuso di sostanze
Sicurezza fisica e violenza sul luogo
di lavoro
Onestà sul lavoro
Informazioni, dati e documenti accurati
Integrità contabile
Comunicazioni aziendali
Tutela e uso dei beni
Informazioni proprietarie e riservate, idee
e proprietà intellettuale
Privacy, informazioni personali e protezione dei dati
Uso di internet e delle e-mail
Social media e social networking
Sicurezza informatica, licenze software e copyright
Insider trading e informazioni privilegiate
Contributi/attività per partiti politici e contributi ad organizzazioni di beneficenza
Indagini e inchieste governative
Integrità nella nostra attività
Trattamento equo
Corruzione e mazzette
Agenti e consulenti
Concorrenza
Omaggi e ospitalità
Conflitti di interessi
Autonegoziazioni
Commercio internazionale
Riciclaggio di denaro
Responsabilità sociale dell’azienda
Sostenibilità
Sicurezza, salute e ambiente
Sicurezza di prodotti e servizi
Rispetto dei diritti umani
Un impegno condiviso
https://www.avient.com/sites/default/files/2024-10/Avient_CodeConduct_2024_NETH2.pdf
ONZE
GEDRAGSCODE
UITGEGEVEN: OKTOBER 2024
INHOUDSOPGAVE
Inleiding:
Een Bericht van de CEO 1
Onze gedragscode
Richtlijnen voor ethisch gedrag 3
Persoonlijke waarden 3
Uw verantwoordelijkheden 4
Bijkomende verantwoordelijkheden
voor supervisors en managers
van Avient 4
Vragen oplossen en het melden
van niet in overeenstemming
zijnde situaties 5
Ethiekhotline 5
Geen vergelding 6
Toepassing van de Gedragscode 6
Overtredingen van de code 6
Respect voor iedereen
Diversiteit en inclusie 8
Discriminatie of pesterijen 8
Relaties op de werkplek 9
Drugmisbruik 10
Fysieke beveiliging en geweld
op de werkplek 10
Eerlijkheid op
het werk
Nauwkeurige informatie,
gegevens en dossiers 12
Boekhoudkundige integriteit 12
Bedrijfscommunicatie 14
Beveiliging en gebruik
van middelen 14
Eigendomsrechtelijke en
vertrouwelijke informatie, ideeën
en intellectueel eigendom 15
Privacy, persoonsgegevens en
gagevensbescherming 16
Gebruik van internet en e-mail 16
Sociale media en
sociale netwerken 17
Computerbeveiliging,
softwarelicenties en copyrights 17
Handel met voorkennis 18
Politieke bijdragen/activiteiten
en liefdadigheidsbijdragen 19
Overheidsonderzoeken en vragen 19
Integriteit in ons
zakendoen
Eerlijk Handelen 21
Omkoping en smeergeld 21
Vertegenwoordigers
en consulenten 22
Concurrentie 22
Geschenken en gastvrijheid 23
Belangenverstrengeling 24
Zelf Handelen 25
Internationale handel 25
Witwassen 25
Sociale
verantwoordelijkheid
van het bedrijf
Duurzaamheid 27
Veiligheid, gezondheid en milieu 28
Product-en dienstveiligheid 29
Respecteren van mensenrechten 29
Een gedeelde toewijding 29
Hulpbronnen en
contactinformatie
Ons beleid 30
Interne contacten 30
Ethiekhotline 30
Een Bericht van de CEO
Beste Avient-team,
Onze bedrijfsbeslissingen hebben verstrekkende implicaties in de complexe en onderling verbonden wereld van vandaag.
Naam van de medewerker (in blokletters)
Handtekening Datum
Werklocatie
Hulpbronnen en contactinformatie
Ons beleid
Interne contacten - hulpbronnen Ethiek en naleving
Ethiekhotline
Een Bericht van de CEO
Onze gedragscode
Richtlijnen voor ethisch gedrag
Persoonlijke waarden
Uw verantwoordelijkheden
Bijkomende verantwoordelijkheden voor supervisors en managers
van Avient
Vragen oplossen en het melden van niet in overeenstemming zijnde situaties
Ethiekhotline
Geen vergelding
Toepassing van de Gedragscode
Overtredingen van de code
Respect voor iedereen
Diversiteit en inclusie
Discriminatie of pesterijen
Relaties op de werkplek
Drugmisbruik
Fysieke beveiliging en geweld op de werkplek
Eerlijkheid op het werk
Nauwkeurige informatie, gegevens
en dossiers
Boekhoudkundige integriteit
Bedrijfscommunicatie
Beveiliging en gebruik van middelen
Eigendomsrechtelijke en vertrouwelijke informatie, ideeën en intellectueel eigendom
Privacy, persoonsgegevens en gagevensbescherming
Gebruik van internet en e-mail
Sociale media en sociale netwerken
Computerbeveiliging, softwarelicenties en copyrights
Handel met voorkennis
Politieke bijdragen/activiteiten en liefdadigheidsbijdragen
Overheidsonderzoeken en vragen
Integriteit in ons zakendoen
Eerlijk Handelen
Omkoping en smeergeld
Vertegenwoordigers en consulenten
Concurrentie
Geschenken en gastvrijheid
Belangenverstrengeling
Zelf Handelen
Internationale handel
Witwassen
Sociale verantwoordelijkheid van het bedrijf
Duurzaamheid
Veiligheid, gezondheid en milieu
Product-en dienstveiligheid
Respecteren van mensenrechten
Een gedeelde toewijding
https://www.avient.com/sites/default/files/2020-10/luxury-closures-gravi-tech-design-guide-2.0-application-specific.pdf
It is better to
fill out the part at slower speeds in-order to let
any compressed air escape, and to get the best
surface finish on the part.3
• Using all of the previous settings, record the
Transfer Pressure, Fill Time, and Injection
speed
• Reduce the injection velocity by 10% and
record the same values
• Keep reducing the injection velocity until a
fill time of 10-15 seconds is reached
Transfer
Pressure
(psi)
Fill
Time
(sec)
Injection
Velocity
(in/sec)
Relative
Shear Rate
Relative
Viscosity
1238 0 .20 8 .00 5 .00 247 .60
1125 0 .22 7 .00 4 .55 247 .50
1058 0 .25 6 .00 4 .00 264 .50
960 0 .35 5 .00 2 .86 336 .12
870 0 .45 4 .00 2 .22 391 .65
780 0 .58 3 .00 1 .72 452 .59
690 0 .85 2 .00 1 .18 586 .78
600 1 .35 1 .00 0 .74 810 .45
510 2 .50 0 .75 0 .40 1275 .83
420 5 .23 0 .50 0 .19 2198 .34
330 9 .56 0 .25 0 .10 3157 .99
240 15 .26 0 .10 0 .07 3667 .49
FIGURE 47 - Injection Speed
22 Gravi-Tech
• Calculate the Relative Viscosity for each of
the Injection Speeds using the equation
above (Transfer Pressure * Fill Time)
• Calculate the Relative Shear Rate for each
of the injection speeds using the equation
(1/Fill Time)
• Plot the points on a graph and find the
optimum velocity
• The optimum velocity will be where the
curve starts to level out
In figure 48 above, the optimum velocity is where
the plotted line crosses the black trend line;
therefore the optimum velocity would be about
1 .00 in/sec .
Types of Layout Designs
FIGURE 56 - Grid
FIGURE 58 - Radial
FIGURE 57 - Series
FIGURE 59 - Hybrid
48 Gravi-Tech
Mold Strength
When consulting how strong the mold needs
to be, there are two types of pressures it must
withstand: injection pressure and clamping
pressure .
https://www.avient.com/sites/default/files/2021-11/avnt-november-investor-meetings.pdf
Post-consumer recycled content as percentage of total plastic packaging volume, by weight
E NA B L I N G T H E U S E O F R E C YC L E D C O N T EN T
T O P 5 G A P S T H A T W E A R E A D D R E S S I N G
2) DECONTAMINATION1) COLOR MANAGEMENT 3) MAINTAINING MECHANICAL
PROPERTIES
4) MONO-MATERIAL
CONSTRUCTION
5) CONSISTENT RECYCLED
MATERIAL QUALITY
15
G U I D I N G B R A N D S T O W H A T I S P O S S I B L E
C A S E S T U DY W I T H B R A N D OW N E R
Recycled ResinVirgin Resin
16
S U S TA I NA B I L I T Y F O R A B ET T E R TO M O R ROW
17
• Revenue from sustainable solutions expected
to grow 18% in 2021 as our innovation efforts
and collaboration with customers continues to
accelerate
• Investments centered around innovation and
global sustainability megatrends
o Enabling a circular economy –
Technologies that allow for increased use of
post-consumer recycled (PCR) material and
improve recyclability of plastics
o Light-weighting – Composites and CAI
applications to reduce weight and material
requirements, which minimize energy and
carbon emissions
o Eco-Conscious – Health and human safety
applications as well as Avient’s alternative
materials to replace lead, PVC, halogens,
BPA and other less eco-friendly options
17
*Avient Sustainable Solutions definitions aligned with FTC 2012 Guide for the Use of Environmental Marketing Claims (“Green Guides”)
**2020 is Pro Forma to include full year of the Clariant Color business
2016 2017 2018 2019 2020PF** 2021E
$405M
$455M
$340M
$550M
$790M
Revenue From Sustainable Solutions* 2016-2021
$930M
17
Q3 2020 $925 $74
Sustainable Solutions 35 19% 14
Healthcare 51 44% 10
Composites 13 39% 6
Growth in Asia / LATAM 14 11% 3
Other 177 39% 16
Sub-total $1,215 31% $123
Supply Chain Disruption Costs (19)
COVID Response Applications (5) (3)
FX Impact 10 2
Synergies 12
Incentives, Travel, Other Employee Costs (16)
Q3 2021 $1,220 32% $99
Q3 2021 SALES AND OPERATING INCOME
( T O TA L C O M PA N Y )
18
Sales Growth Rate
Adjusted
Operating
Income$ millions
19
Q3 2020 Q3 2021
(1) Financial information is presented on a constant currency basis
(1)
(44% of total revenue)
(56% of total revenue)
Q3 END MARKET SALES PERFORMANCE
+20%
+31%
+40%
+24%
+46%
+40%
+14%
+33%
Energy Telecom Building &
Construction
Transportation Industrial Healthcare Packaging Consumer
Q3 YEAR-OVER-YEAR EBITDA BRIDGE
20
• Demand driven by growth
in sustainable solutions,
healthcare and consumer
applications
• Price increases more than
offsets raw material and
supply chain impacts
• Synergy capture on pace
to achieve $50M in annual
savings in 2021
Q3 2020 $ 111
Demand 29
Adjusted
EBITDA$ millions
CAI:
Price / Mix 51
Inflation (37)
SEM:
Price / Mix 25
Inflation (22)
Distribution:
Price / Mix 108
Inflation (103)
Net Price Benefit 22
Supply Chain Disruption Costs (19)
COVID Response Applications (3)
Synergies 12
Incentives, FX, Other (16)
Q3 2021 $ 136
21
• Price increases have more than
covered raw material and freight
inflation impacts of $300M year-
to-date compared to 2020
• Demand impact driven by
Q3 seasonality for the business
Q2 TO Q3 SEQUENTIAL EBITDA BRIDGE
Q2 2021 $ 159
CAI:
Price / Mix 17
Inflation (8)
SEM:
Price / Mix 6
Inflation (5)
Distribution:
Price / Mix 35
Inflation (35)
Net Price Benefit 10
Supply Chain Disruption Costs (4)
Demand / Seasonality (35)
Other 6
Q3 2021 $ 136
Adjusted
EBITDA$ millions
F U L L Y E A R 2 0 2 1
O U T L O O K
$308
$430
2020PF 2021E
$1.93
$3.00
2020PF 2021E
FULL YEAR GROWTH PROJECTIONS
( T O TA L C O M PA N Y )
23
Sales Adjusted Operating Income
$3,783
$4,750
2020PF 2021E
+ 26%
Adjusted EPS
+ 40% + 55%
(in millions) (in millions)
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)(1)(1)
$1.74
$1.93
$3.00
2019PF 2020PF 2021E
$442
$457
$580
2019PF 2020PF 2021E
FULL YEAR 2019 – 2021 GROWTH
( T O TA L C O M PA N Y )
24
Sales Adjusted EBITDA
$3,981
$3,783
$4,750
2019PF 2020PF 2021E
+ 19%
Adjusted EPS
(1) Financial information is pro forma to include a full year of Clariant Color acquisition
(1) (1)
(in millions) (in millions)
(1)(1)
+ 31% + 72%
(1) (1)
0.1 0.1
0.2
0.5
0.6
0.7
0.8
0.9
0.9
1.0 1.0
11 12 13 14 15 16 17 18 19 20 21
40%
99%
YTD 5 - YR 10 - YR
0.16
0.20
0.26
0.34
0.42
0.50
0.58
0.72
0.79 0.81
0.85
0.95
11 12 13 14 15 16 17 18 19 20 21 22
2.1x
Q4 NET LEVERAGE
~$1Bn
REPURCHASED
OVER LAST 10 YEARS
~$450MM
PAID OVER LAST 11 YEARS
C R E AT I N G VA LU E F O R SH A R E H O L D E R S
25
Share Performance Dividends Share Repurchases Deleveraging
3.5x
2.1x
2019PF 2021E
Growing Dividend Cumulative Buybacks Net Leverage
$
B
n
$
p
e
r
sh
a
re
Total Shareholder Return
~$4Bn
MARKET CAP INCREASE
OVER LAST 10 YEARS
(1) Share performance includes reinvested dividends and is as of 10.25.2021
(2) Financial information is pro forma to include a full year of Clariant Color acquisition
(1)
(2)
494%
SUSTA INAB ILITY R EPORT
Continuous ESG Improvement
26
• Updated 2030 Sustainability Goals
• Further disclosure on key Environmental,
Social, and Governance impacts
• Joined U.N.